Category: Union Paper Scam

DAP calls on Securities Commission to issue a full statement of its investigations into the Union Paper shares scandal and to name the other eleven short sellers apart from the Tan Sri Ibrahim Mohamed

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, in Petaling Jaya on Sunday, August 29, 1993:

DAP calls on Securities Commission to issue a full statement of its investigations into the Union Paper shares scandal and to name the other eleven short sellers apart from the Tan Sri Ibrahim Mohamed

I confirm that when I mentioned in Parliament last month that a prominent Tan Sri was involved in the Union Paper Holdings Bhd shares scandal, I was referring to Tan Sri Ibrahim Mohamed, chief executive officer of Uniphoenix Corp Bhd and Damansara Realty (former Kesang Pomet Bhd Chairman. Continue reading DAP calls on Securities Commission to issue a full statement of its investigations into the Union Paper shares scandal and to name the other eleven short sellers apart from the Tan Sri Ibrahim Mohamed

Abu Talib should explain why he has refused to give consent to the Securities Commission for the prosecutor of Union Paper shares scandal short sellers

By Parliamentary Opposition leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, in Petaling Jaya on Friday, 27th August 1993:

Abu Talib should explain why he has refused to give consent to the Securities Commission for the prosecutor of Union Paper shares scandal short sellers

The Attorney-General, Tan Sri Abu Talib Othman must explain why he has refused to give consent to the Securities Commission for the prosecution of Union Paper shares scandal short sellers. Continue reading Abu Talib should explain why he has refused to give consent to the Securities Commission for the prosecutor of Union Paper shares scandal short sellers

DAP calls on Finance Minister, Anwar Ibrahim, to explain the long delay in taking action against the culprits responsible for the Union Paper Holdings Bhd. Shares scandal

Speech (Part 3) by Parliament Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, at the Perak DAP State Convention held in Ipoh on Sunday, August 15, 1993 at 10a.m.

DAP calls on Finance Minister, Anwar Ibrahim, to explain the long delay in taking action against the culprits responsible for the Union Paper Holdings Bhd. Shares scandal

It is coming to two months since the Union Paper Holdings Bhd. Shares scandal and despite assurances given by the Finance Minister, Datuk Seri Anwar Ibrahim, to the DAP in Parliament last month that he was satisfied with the actions being taken by the various regulatory agencies, no one had been arrested or prosecuted for the offence of short-selling yet. Continue reading DAP calls on Finance Minister, Anwar Ibrahim, to explain the long delay in taking action against the culprits responsible for the Union Paper Holdings Bhd. Shares scandal

Who is responsible for the decision on the lifting of suspension of Union Paper Holdings Bhd shares Securities Commission or KLSE

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, in Petaling Java on Wednesday, July 21, 1993:

Who is responsible for the decision on the lifting of suspension of Union Paper Holdings Bhd shares Securities Commission or KLSE

Securities Commission Chairman Datuk Dr. Munir Majid, said yesterday that no decision had been made -yet on when the suspension on the Union Paper Holdings Bhd (UPHB) shares would be lifted. Continue reading Who is responsible for the decision on the lifting of suspension of Union Paper Holdings Bhd shares Securities Commission or KLSE

DAP will continue to ‘pursue’ the Union Paper shares scandal in Parliament until Finance Minister, Anwar Ibrahim gives an acceptable and satisfactory reply

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, in Petaling Jaya on Tuesday, 20th July 1993:

DAP will continue to ‘pursue’ the Union Paper shares scandal in Parliament until Finance Minister, Anwar Ibrahim gives an acceptable and satisfactory reply

I am not satisfied with the reply given by the Finance Minister, Datuk Seri Anwar Ibrahim, on the Union Paper Holding Bhd, shares scandal in Parliament yesterday. Continue reading DAP will continue to ‘pursue’ the Union Paper shares scandal in Parliament until Finance Minister, Anwar Ibrahim gives an acceptable and satisfactory reply

DAP to move a motion of urgent definite public importance in Parliament tomorrow to demand Royal Commission of Inquiry into the Union Paper Holdings Bhd. Scandal

Speech (Part 2) by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, at the DAP leadership conference held at Wentworth Kuala Lumpur Hotel, Kuala Lumpur on Sunday, July 18, 1993 at 10 a.m.

DAP to move a motion of urgent definite public importance in Parliament tomorrow to demand Royal Commission of Inquiry into the Union Paper Holdings Bhd. Scandal

I will move a motion of urgent definite public importance in Parliament when it meets tomorrow to demand a Royal Commission of Inquiry into the Union Paper Holdings Bhd. scandal which proved that the Kuala Lumpur Stock Exchange is still a casino and not an orderly, fair and transparent stock market. Continue reading DAP to move a motion of urgent definite public importance in Parliament tomorrow to demand Royal Commission of Inquiry into the Union Paper Holdings Bhd. Scandal

DAP gives the KLSE Chairman, Nik Mohamed Din Nik Yusuf 48 hours to reveal the identity of the ‘biggest defaulter’ in the Union Paper shares scandal who short-sold more than one million shares or DAP will take this issue to Parliament, on Monday

by Parliamentary Opposition Leader, DAP Secretary-General Tanjong, Li HI Kit Siang, in Petaling Java on Saturday, 17th July 1993:

DAP gives the KLSE Chairman, Nik Mohamed Din Nik Yusuf 48 hours to reveal the identity of the ‘biggest defaulter’ in the Union Paper shares scandal who short-sold more than one million shares or DAP will take this issue to Parliament, on Monday

DAP gives the Kuala Lumpur Stock Exchange (KLSE) Chairman, Nik Mohamed Din Nik Yusuf 48 hours to reveal the identity of the ‘biggest defaulter’ in the Union Paper shares scandal who short-sold more than one million shares or DAP will take this issue to Parliament on Monday. Continue reading DAP gives the KLSE Chairman, Nik Mohamed Din Nik Yusuf 48 hours to reveal the identity of the ‘biggest defaulter’ in the Union Paper shares scandal who short-sold more than one million shares or DAP will take this issue to Parliament, on Monday

Letter – Standing Order 18(1) to move an adjournment of the House on a matter of urgent, definite public importance

17th July 1993

Tan Sri Yang di Pertua,
Dewan Rakyat,
Parlimen,
Kuala Lumpur.

YB Tan Sri,

Standing Order 18(1) to move an adjournment of the House on a matter of urgent, definite public importance

This is to give notice under Standing Order 18(2} that I wish to move the following motion to seek leave of the House to adjourn the House on a matter of urgent, definite public importance, namely, the Union Paper Holdings Sdn.Bhd. shares scandal: Continue reading Letter – Standing Order 18(1) to move an adjournment of the House on a matter of urgent, definite public importance

Finance Minister, Anwar Ibrahim should present a White Paper in Parliament next week on the Union Paper scam and the role played by the Kuala Lumpur Stock Exchange and the Securities Commission

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Java on Thursday, 15th July 1993:

Finance Minister, Anwar Ibrahim should present a White Paper in Parliament next week on the Union Paper scam and the role played by the Kuala Lumpur Stock Exchange and the Securities Commission

Finance Minister, Datuk Seri Anwar Ibrahim, should present a White Paper in Parliament next week on the Union Paper Holdings Bhd (UPHB) scam and the role played by the Kuala Lumpur Stock Exchange {KLSE} and the Securities Commission. Continue reading Finance Minister, Anwar Ibrahim should present a White Paper in Parliament next week on the Union Paper scam and the role played by the Kuala Lumpur Stock Exchange and the Securities Commission