Category: BMF Loans Scandal

DAP calls on the Government to stop closing its eyes to the illegal Indonesian immigrant problem and to have a sense of urgency to check the influx because of the long-term social and law and order poblems for Malaysians

Speech by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, at a DAP Ceramah organised by the Kuala Lumpur DAP State Committee at Chow Kit, Kuala Lumpur on Thursday Nov 29, 1984 at 8.30pm

DAP calls on the Government to stop closing its eyes to the illegal Indonesian immigrant problem and to have a sense of urgency to check the influx because of the long-term social and law and order poblems for Malaysians

The Indonesian Ambassador to Malaysia, Lt. Jen. Himawan Seoharto, has said that his embassy was collecting data on illegal Indonesian immigrants in Malaysia to determine the seriousness of the problem. Continue reading DAP calls on the Government to stop closing its eyes to the illegal Indonesian immigrant problem and to have a sense of urgency to check the influx because of the long-term social and law and order poblems for Malaysians

Call on Daim Zairuddin and Anwar Ibrahim to explain the delay in the release of the second report of the BMF inquiry committee

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, on Wednesday, 28.11.1984 in Petaling Jaya

Call on Daim Zairuddin and Anwar Ibrahim to explain the delay in the release of the second report of the BMF inquiry committee

The UMNO Youth Leader, Anwar Ibrahim, has reiterated yesterday that the release of the second report of the Ahmad Nordin BMF Inquiry Committee recommending action should be taken against former BMF and Bank Bumiputra executives for the BMF loans scandal should not be delayed. Continue reading Call on Daim Zairuddin and Anwar Ibrahim to explain the delay in the release of the second report of the BMF inquiry committee

BMF Scandal – Malaysia’s Watergate?

A year ago, on 22.11.1983, I moved a $10—cut motion on the Finance Minister’s salary to protest in the strongest possible manner against the Government’s handling of the $2.5 billion Bumiputra Malaysia Finance (BMF) loans scandal in Hong Kong, as it had completely discredited the 2M administration’s two most popular slogans of ‘Clean, Efficient and Trustworthy’ Government and ‘Leadership by Example’.

Today, I am moving a second $10-cut motion again to protest against the new Finance Minister’s unprecedented ‘evasiveness’ and broken pledges of the Government to give a full accounting to the public about the BMF scandal, the government’s refusal to hold a Royal Commission of Inquiry into the scandal, and the government’s refused to take Parliament into its confidence about the BMF scandal. Continue reading BMF Scandal – Malaysia’s Watergate?

BMF inquiry committee interim report a ‘great let-down

Press statement by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Petaling Jaya on Saturday, 3.11.1984

BMF inquiry committee interim report a ‘great let-down’

The reaction of all Malaysians to the Ahmad Nordin BMF inquiry committee interim report must be one of great letdown and disbelief. Continue reading BMF inquiry committee interim report a ‘great let-down

Challenge to Neo Yee Pan MCA establishment group to explain whether it is because they have skeletons in their own cupboard that they dare not publicly expose the loan irregularities of a local finance company

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, in Petaling Jaya on Friday, 2.11.1984:

Challenge to Neo Yee Pan MCA establishment group to explain whether it is because they have skeletons in their own cupboard that they dare not publicly expose the loan irregularities of a local finance company

In his budget speech on Tuesday, the Neo Yee Pan establishment MCA faction MP, Tan Kok Hooi (Padang Serai) again raised the question why I had not made public the loan irregularities of a local finance company, suggesting political principle had been compromised. Continue reading Challenge to Neo Yee Pan MCA establishment group to explain whether it is because they have skeletons in their own cupboard that they dare not publicly expose the loan irregularities of a local finance company

DAP calls for one day official mourning to mark Malaysia’s respect for Indira Gandhi on her funeral on Saturday

Statement by Parliamentary opposition Leader DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang, when visiting the Indian High Commission to sign the condolence book on Indira Gandhi’s death on Thursday, 1.11.1984

DAP calls for one day official mourning to mark Malaysia’s respect for Indira Gandhi on her funeral on Saturday

The whole world must be shocked by the assassination of Indira Prime Minister Indira Gandhi. Although she had been a controversial Indian Prime Minister, and the storming of the holiest Sikh shrine, the Golden Temple of Amritsar in June, had been regarded as an act of sacrilege by Sikhs, her assassination is totally reprehensible and must be condemned by all right-minded people in the world. Continue reading DAP calls for one day official mourning to mark Malaysia’s respect for Indira Gandhi on her funeral on Saturday

DAP greatly shocked that Cabinet had no time for the BMF inquiry Committee interim report

Press Statement by Parliamentary Opposition Leader, DAP Secretary – General and MP for Kota Melaka, Lim Kit Siang, in Petaling Jaya on Friday, Oct. 26, 1984:

DAP greatly shocked that Cabinet had no time for the BMF inquiry Committee interim report

After the Cabinet meeting on Wednesday two days ago, the Prime Minister, Datuk Seri Dr. Mahathir Mohamed, said that the Cabinet had received the first interim report on the BMF loans scandal prepared by the Ahmad Nordin inquiry committee, but discussions on the report was deferred as the Cabinet had no time to study it. Continue reading DAP greatly shocked that Cabinet had no time for the BMF inquiry Committee interim report

Call for a Royal commission of Inquiry into the BMF Scandal

I rise to move:

“That this House

“NOTES the repeated public statements of the Prime Minister and other top Cabinet Ministers of the Government’s resolve to bring to book the ‘culprits’ in the Bumiputra Malaysia Finance loans scandal;

“NOTES the call by the Chairman of the BMF Inquiry Committee, Tan Sri Ahmad Nordin, that a Royal Commission of Inquiry is the only forms of inquiry to establish if anyone is criminally liable in the BMF loans scandal after he had spent nine months to prepare the interim report of the BMF loans scandal;

“RESOLVES that a Royal Commission of Inquiry should be established to investigate into all aspects of the BMF loans scandal and to expose the BMF culprits who have caused Malaysia to lose some $2.5 billion.”

Continue reading Call for a Royal commission of Inquiry into the BMF Scandal

DAP calls for release of Ahmad Nordin Committee Interim Report on BMF before the Parliamentary debate on the establishment of Royal Commission of Inquiry into BMF loans on Oct. 18

By Parliamentary Opposition Leader, DAP Secretary – General and MP for Kota Melaka, Lim Kit Siang, in Petaling Jaya on Tuesday, 9.10.1984:

DAP calls for release of Ahmad Nordin Committee Interim Report on BMF before the Parliamentary debate on the establishment of Royal Commission of Inquiry into BMF loans on Oct. 18

The failure by the Deputy Finance Minister, Datuk Sabaruddin Chik, to give a satisfactory explanation during question time in Parliament yesterday as to why the Government is sitting on the BMF inquiry committee report and not releasing it to the public is itself a form of ‘cover up’ by the Government in the BMF loans scandal. Continue reading DAP calls for release of Ahmad Nordin Committee Interim Report on BMF before the Parliamentary debate on the establishment of Royal Commission of Inquiry into BMF loans on Oct. 18

DAP Central Executive Committee decides to file a legal suit for a test case on whether Petronas had acted ultra vires of its statutory objectives in using $ 2.5 billion of oil money to buy over Bank Bumiputra and the BMF bad debts

By Parliamentary Opposition Leader, DAP Secretary – General and MP for Kota Melaka, Lim Kit Siang, in Petaling Jaya on Sunday, Oct. 7, 1984:

DAP Central Executive Committee decides to file a legal suit for a test case on whether Petronas had acted ultra vires of its statutory objectives in using $ 2.5 billion of oil money to buy over Bank Bumiputra and the BMF bad debts

The DAP Central Executive Committee, at its meeting in Petaling Jaya today, decided to take a test case in courts to determine whether Petronas had acted ultra vires of its statutory objectives in using $2.5 billion of oil money to buy over Bank Bumiputra and the BMF bad debts. Continue reading DAP Central Executive Committee decides to file a legal suit for a test case on whether Petronas had acted ultra vires of its statutory objectives in using $ 2.5 billion of oil money to buy over Bank Bumiputra and the BMF bad debts