Speech by Parliamentary Opposition Leader, DAP Secretary-General and Member of parliament for Petaling, Lim Kit Siang, in the Dewan Rakyat on Monday, 25th June 1979 on the second development supplementary estimates 1979
DAP calls for a full-scale public inquiry into all public enterprises and companies to expose and weet out Bank-Rakyat like scandals in their midst to protect hundreds of million of public funds from misuse and misappropriation by the Great Saboteurs of the NEP in these organizations themselves
Reading the Government White Paper on the Bank Rakyat, and the even more revealing Price Waterhouse Report on the Bank Rakyat, I am reminded of the judgement by Chief Justice, Tan Sri Justice Tan Sri Azman Shah, when convicting the former Selangor Mentri Besar, Datuk Harun Idris, of corruption in the Hongkong and Shanghai Banking Corporation case, in May 1976, that the hearing of the case suggested “a frightening decay in integrity of some of our leaders”. He added: “It has given horrible illustrations of Lord Acton’s aphorism ‘Power tends to corrupt and absolute power corrupts absolutely,’ and has focussed concern on the need of some avowed limitations upon political authority. Continue reading DAP calls for a full-scale public inquiry into all public enterprises and companies