Archive for category BMF Loans Scandal

The Bank Negara forex losses in the past two years are equal to about eight Bumiputra Malaysia Finance scandal losses

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, at the DAP Seremban Ceramah held at CRC Hall, Seremban on Sunday, 3rd April 1994 at 8pm

The Bank Negara forex losses in the past two years are equal to about eight Bumiputra Malaysia Finance scandal losses

The government and country must take a very serious view of the Bank Negara forex losses ranging from RM16 billion to RM20 billion in the past two years, as they amount to about eight Bumiputra Malaysia Finance (BMF) scandal losses. Read the rest of this entry »

DAP expects the Government to present a White Paper when Parliament; meets on April 11 to give a detailed rebuttal to all the allegations in the British mass media in the past few months about corruption, abuses of power and improprieties of Malaysian leaders

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for TanJong, Lim Kit Siang, at the Malacca DAP Ceramah at Meng Seng Charitable Association Hall, Malacca on Tuesday, 29th March 1994 at 8 pm

DAP expects the Government to present a White Paper when Parliament; meets on April 11 to give a detailed rebuttal to all the allegations in the British mass media in the past few months about corruption, abuses of power and improprieties of Malaysian leaders

DAP expects the Government to present a White Paper when Parliament meets on April 11 to give a detailed rebuttal to all the allegations in the British mass media in the past few months about corruption, abuses of power and improprieties of Malaysian leaders. Read the rest of this entry »

DAP calls on Malaysian Parliament to declare 1994 as the Year Against Corruption

By Parliamentary Opposition Leader, DAP Secretary-General and Mp for Tanjong, Lim Kit Siang on Monday, 30th August 1993:

DAP calls on Malaysian Parliament to declare 1994 as the Year Against Corruption

Malaysians celebrate the 36th National Day under the cloud of nation-wide questioning abou the efficiary, indenpendenca and integrity of the Anti-Corruption Agency because of its scandalous conclusion after its 17-month investigations into the RM150 million MAIKA Telekom shares hijacking that no criminal offences had been committed. Read the rest of this entry »

Abu Talib will be remembered for his five biggest failures in his 13 years as Attorney-General Tan Sri Abu Talib Othman, who will retire from government service on October 31, will be remembered for his five biggest failures in his 13 years as Attorney-General

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Monday, August 23, 1993:

Abu Talib will be remembered for his five biggest failures in his 13 years as Attorney-General Tan Sri Abu Talib Othman, who will retire from government service on October 31, will be remembered for his five biggest failures in his 13 years as Attorney-General.

They are:
• His directive to destroy material evidence in the Vijandran pornographic videotape scandal, namely the eleven Vijandran pornographic videotape and 3,000 pornographis photographs; Read the rest of this entry »

DAP calls on the Cabinet to seek the extradition of Lorrain Osman to Malaysia to stand trial for corruption in connection with the RM2.5 billion BMF scandal

Speech (Part 2) by Parliament Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, at the opening of the Penang DAP State Convention at Towne House Conference Hall on Sunday, 22nd August, 1993 at 10a.m.

DAP calls on the Cabinet to seek the extradition of Lorrain Osman to Malaysia to stand trial for corruption in connection with the RM2.5 billion BMF scandal

The Malaysia public cannot be satisfied with the latest development in the RM2.5 billion Bumiputra Malaysia Finance scandal, where Lorrain Osman has returned to London as a free man, and Dr. Mahathir is being proved right that although the BMF scandal is a ‘heinous crime’, it has no ‘criminals’. Read the rest of this entry »

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 »

If Barisan Nasional Government regards itself as Government for only the 52 per cent of the electorate who voted for it in recent general elections, then it should stop collecting taxes and dues from the other 48 per cent who did not vote for it

Speech by DAP Secretary-General, MP for Tanjung and Assemblyman for Padang Kota, Lim Kit Siang, on the Motion of Thanks for the Royal Address in the Dewan Rakyat on Wednesday, 5th December 1990

If Barisan Nasional Government regards itself as Government for only the 52 per cent of the electorate who voted for it in recent general elections, then it should stop collecting taxes and dues from the other 48 per cent who did not vote for it

I rise to participate in the debate on the Motion of Thanks to His Majesty, the Yang di Pertuan Agong, for his Gracious Speech at the official opening of the first meeting of the first session of the Eighth Parliament yesterday. Read the rest of this entry »

Why is the Barisan Nasional Government supporting a chief BMF Scandal criminal, Dr. Rais Saniman, in sponsoring the forthcoming publication of a book by him

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in the Dewan Rakyat on Monday, 18th June 1990 on the 1989 and 1990 Supplementary estimates

Why is the Barisan Nasional Government supporting a chief BMF Scandal criminal, Dr. Rais Saniman, in sponsoring the forthcoming publication of a book by him

Parliament is asked to approve four sets of supplementary estimates, namely: Read the rest of this entry »