Category: BMF Loans Scandal

Press Statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Petaling Jaya on Wednesday, l7.7.l985:

Has the Government given the Ahmad Nordin BMF Inquiry Committee a September deadline to complete its final report and disband?

In his written reply to my parliamentary question yesterday, the Finance Minister, Daim Zainuddin, said that the final report of the Committee of Inquiry into the Bumiputra Malaysia Finance (BMF) loans scandal will be made public in full, except for certain sections which involves banking secrecy. Continue reading Has the Government given the Ahmad Nordin BMF Inquiry Committee a September deadline to complete its final report and disband?

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, at the ALIRAN Dialogue
of Concern III held at Hotel Merlin, Kuala Lumpur on Sunday, 14.7.1985 at l0.30 am.

Would a vigilant and responsible Parliament have saved $350 million from the $2.5 billion Bumiputra Malaysia Finance (BMF) loans scandal?

The 25th anniversary of Malaysian Parliament is marked by the constant erosion of the principle and practice of parliamentary democracy in the last quarter of a century. Continue reading Would a vigilant and responsible Parliament have saved $350 million from the $2.5 billion Bumiputra Malaysia Finance (BMF) loans scandal?

Press Statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Petaling Jaya on Friday, 12/7/1985:

DAP to table a motion for an urgent debate on the Attorney-General’s stand on the BMF ‘culprits’ on Monday’s Parliament

I have written to the Speaker of Dewan Rakyat, Tan Sri Zahir Ismail, giving notice that I would be tabling a motion on Monday’s Parliament to have an urgent debate on the decision and announcement by the Attorney-General, Tan Sri Abu Talib, that the Malaysian authorities have no jurisdiction to try former Bumiputra Malaysia Finance officials for offences in connection with the $2.5 billion BMF loans scandal in Hong Kong. Continue reading DAP to table a motion for an urgent debate on the Attorney-General’s stand on the BMF ‘culprits’ on Monday’s Parliament

Press Statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Malacca on Thursday, 11.7.1985.

Call on Prime Minister to schedule a special Parliamentary debate on the Attorney-General’s shocking decision on the BMF scandall.

The announcement by the Attorney-General Tan Sri Abu Talib Othman that the government has no jurisdiction to try former BMF officials for offences in connection with the $2.5 billion BMF loans scandal is the latest bombshell to hit Malaysians. Continue reading Call on Prime Minister to schedule a special Parliamentary debate on the Attorney-General’s shocking decision on the BMF scandal

Press Statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Malacca on Thursday, 8.7.1985:

DAP to ask Parliament to reconsider its rejection of call for a Royal Commission of Inquiry into BMF scandal in view of widespread public disaffection.

After the UMO Supreme Council meeting on Saturday, the Prime Minister, Datuk Seri Dr. Mahathir Mohamed, justified the government’s secrecy on the $2.5 billion Bumiputra Malaysia Finance (BMF) loans scandal by declaring that The government would not divulge secrets if it jeopardized government efforts to see justice done. Continue reading DAP to ask Parliament to reconsider its rejection of call for a Royal Commission of Inquiry into BMF scandal in view of widespread public disaffection.

Press Statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Penang on Friday, 5.7.l985:

Ten Questions on the $2.5 billion Bumiputra Malaysia Finance loans scandal in Hong Kong.

The call by Tun Hussein Onn to the government to be more open and forthright in the $2.5 billion Bumiputra Malaysia Finance (BMF) loans scandal in Hong Kong has brought to the fore the widespread and deep-seated disaffection of the people of Malaysia at the BMF scandal, its inquiry and public accountability. Continue reading Ten Questions on the $2.5 billion Bumiputra Malaysia Finance loans scandal in Hong Kong

Press Statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Ipoh on Thursday, 4.7.1985;

DAP hails Tun Hussein Onn’s statement and calls on government to stop Dragging its feet to give full public accounting of the $2.5 billion BMF loans scandal.

The DAP hails the statement by Tun Hussein Onn yesterday on the BMF loans scandol inquiry and actions, for what the former Prime Minister said represented the views and feelings of the overwhelming majority of Malaysians. Continue reading DAP hails Tun Hussein Onn’s statement and calls on government to stop Dragging its feet to give full public accounting of the $2.5 billion BMF loans scandal.

Press Statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Petaling Jaya on Saturday 28.6.1985.

DAP fully supports Tun Hussein Onn’s proposal.

I fully support the proposal by former Prime Minister, Tun Hussein Onn for necessary legislative action in order to enable
the BMF loan scandal culprits to be charged and prosecuted in the country. Continue reading DAP fully supports Tun Hussein Onn’s proposal.

Speech by Parliamentary Opposition Leader, DAP Secretary-General
and MP for Kota Melaka, Lim Kit Siang, at a DAP ceramah in Butterworth
on Sunday, January 6, 1985 at 1pm.

Call on all new Bank Bumiputera Board Directors to make statutory
declaration that they have no Swiss Bank accounts and to sign
authorisation to all Swiss Banks to reveal any such accounts.

The Bank Bumiputera Board of Directors was changed a week ago, and this
is an essential pre-condition to the restoration of public confidence in
the Bank Uumiputera after the $2.5 billion Bumiputera Malaysia Finance scandals Continue reading Call on all new Bank Bumiputera Board Directors to make statutory

Press Conference Statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Penang on Saturday, January 5, 1985 at 11.30am.

DAP calls for the publication of the second and third reports of the Ahmad Nordin BMF Inquiry Committee to demonstrate the government’s full acceptance of the principle of accountability

The DAP is not an Opposition for the sake of Opposition, but is prepared to give bouquet to the government when it deserves it as we are guided in our actions by the higher interests of the nation and people, It is for this reason that on behalf of the DAP, I commended the Government for the first time since the $2.5 billion Bumiputera Malaysia Finance (BMF) scandal for the government release of the fourth report or brief of the Ahmad Nordin BMF Inquiry Committee which named six persons it felt should be prosecuted. Continue reading DAP calls for the publication of the second and third reports of the Ahmad Nordin BMF Inquiry Committee to demonstrate the government’s full acceptance of the principle of accountability