Archive for category BBMB Securities Scandal

DAP reiterates call for Royal Commission of Inquiry into the $2.5 billion BMF Scandal after $8 billion suit against BBMB in California Federal Court

Speech (Part 2) by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, at the Johore DAP State Committee to review Party Reform held at DAP Taman Ungku Tunku Aminah branch, Johore Bahru on Saturday, 29th February 1992 at 4 p.m.

DAP reiterates call for Royal Commission of Inquiry into the $2.5 billion BMF Scandal after $8 billion suit against BBMB in California Federal Court

The US$3 billion (about M$8 billion) suit against Bank Bumiputra Malaysia Bhd. (BBMB) by Sinclair Nominess in the Federal Court of Carlifornia in connection with the $2.5 billion Bumiputra Malaysia Finance (BMF) Scandal confirmed my 1986 statement in the book, ‘BMF – The Scandal of Scandals’, that despite the 18 volumes of reports and exhibits of the Ahmad Nordin Inquiry Committee, the full story of the BMF scandals has not been told. Read the rest of this entry »

DAP calls for a White Paper on the $100 million KOBENA scandal and the expose of the national and state UMNO leaders implicated in the scandal

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Saturday, 6th July 1991:

DAP calls for a White Paper on the $100 million KOBENA scandal and the expose of the national and state UMNO leaders implicated in the scandal

Finance Minister, Anwar Ibrahim, said yesterday that action will be taken against those responsible for the third Bank Bumiputra scandal in causing the ‘irregularities’ which resulted in its subsidiary, BBMB Securities, losing $72 million. Read the rest of this entry »

The $72 million BBMB Securities Sdn. Bhd. losses is the third Bank Bumiputra scandal in less than 10 years

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Friday, July 5,1991:

The $72 million BBMB Securities Sdn. Bhd. losses is the third Bank Bumiputra scandal in less than 10 years

The $72 million BBMB Securities Sdn. Bhd. losses is the third Bank Bumiputra scandal in less than 10 years. Read the rest of this entry »