Press Conference Statement by Parliamentary Opposition Leader, DAP Secretary-General, MP for Tanjong and Assemblyman for Kampong Kolam, Lim Kit Siang, in Petaling Jaya on a Sunday, August 10, 1986 at 11 a.m.
DAP calls for a Royal Commission of Inquiry into the $1.5 billion Co-operative Finance scandal in Malaysia and proposes that the Government must bail out the troubled co-operatives for the sake of the depositors in the manner Petronas was used to bail out Bank Bumiputra and BMF
The $1.5 billion Co-operative Finance scandal in Malaysia has taken its first life, with the Klang (Pandanaran) branch manager of the Koperasi Serbaguna Kosmopolitan Berhad (KSL), Tan Choon Tin, 63, committing suicide in Genting Highlands on Friday. Continue reading DAP calls for a Royal Commission of Inquiry into the $1.5 billion Co-operative Finance scandal in Malaysia and proposes that the Government must bail out the troubled co-operatives for the sake of the depositors in the manner Petronas was used to bail out Bank Bumiputra and BMF