Wednesday, July 11, 2012
Khalid rejects full discussion on Talam restructuring
Selangor Menteri Besar Khalid Ibrahim declined to discuss in the Selangor state assembly today the totality of transactions that state investment arm Menteri Besar Incorporated undertook in the restructuring of Talam Corporation debts.
Khalid told the state assembly that it would be best to leave the matter to professionals, so that all details would be looked into properly and enumerated.
"Let's leave it to the professionals. They will explain whether it was done properly. I will not explain now. This is not the place. I will let them do it," Khalid told the assembly.
Winding up the debate on the state's Supplementary Budget Bill, he explained that the state would appoint five international accountancy firms to study and report on the MBI transactions to prevent any further misunderstanding.
[More to follow]
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