Press conference Satatement by Parliamentary Opposition Leader, DAP Secretary-general, MP for Tanjung and Assemblyman for Kampong Lim Kit Siang in DAPPJ Headquarters on Saturday, Sept.13, 1986 at 2pm.
Ghaffar Baba confirms that the Bank Negara’s proposal for the 24 deposit-taking co-operatives was that depositors can only 50 per cent of their deposits, while the other 50 per cent is converted into equity.
I paid a courtesy call on the deputy Prime Minister, Ghaffar Baba, in his office this morning, and I discussed with him a wide range of subjects, including the co-operatives crisis, in particular the future of the 24 deposit-taking co-operatives; the LPN mess and the grievances and problems it has created for farmers, millers and retailers; the illegal Indonesian immigrant problem; the new villages; the economy and national unity. Continue reading Ghaffar Baba confirms that the Bank Negara’s proposal for the 24 deposit-taking co-operatives was that depositors can only 50 per cent of their deposits, while the other 50 per cent is converted into equity