Other than the RM130 million payment to Awan Megah Sdn Bhd, owned by Selangor Wanita Umno chief Raja Ropiaah Raja Abdullah, Boustead Holdings Bhd has more goodies for the company that it did not reveal to Bursa Malaysia, PKR says.
“This is durian runtuh (a windfall) for Raja Ropiaah... After reading this I wish I was her,” PKR director of strategy Rafizi Ramli said today.
Speaking at a press conference at party headquarters in Petaling Jaya, Rafizi (left) revealed that he found this out after given access to two agreements, one a land development deal between Raja Ropiaah’s Awan Megah, Boustead’s wholly-owned subsidiary Bakti Wira Sdn Bhd and Astacanggih Sdn Bhd, which is owned by controversial carpet trader Deepak Jaikishan; and the second, an agreement to buy out Astacanggih from Deepak.
Rafizi went through the documents at the Boustead headquarters in Kuala Lumpur this morning, in his capacity as a minority shareholder.
The extra perks accorded to Awan Megah in the agreements described by Rafizi are:
1. An RM15 million contract given to Awan Megah by the Defence Ministry last June, despite its seven-year failure to deliver the construction of the National Defence Institute or Puspahanas.
2. Awan Megah will retain 23.2 acres of land in Shah Alam that is worth millions of ringgit.
3. Boustead advanced RM4 million to Raja Ropiaah to buy a 20 percent stake in Astacanggih.
4. The agreement specifies that Bakti Wira will undertake to pay all debts incurred by Awan Megah to GuppyUnip Sdn Bhd, so that GuppyUnip will agree to terminate its joint-venture agreement with Awan Megah.
All these additional perks, Rafizi said, are being given freely to the company owned by the Selangor Wanita Umno chief, as if they are a windfall.
“This is durian runtuh (a windfall) for Raja Ropiaah... After reading this I wish I was her,” PKR director of strategy Rafizi Ramli said today.
Speaking at a press conference at party headquarters in Petaling Jaya, Rafizi (left) revealed that he found this out after given access to two agreements, one a land development deal between Raja Ropiaah’s Awan Megah, Boustead’s wholly-owned subsidiary Bakti Wira Sdn Bhd and Astacanggih Sdn Bhd, which is owned by controversial carpet trader Deepak Jaikishan; and the second, an agreement to buy out Astacanggih from Deepak.Rafizi went through the documents at the Boustead headquarters in Kuala Lumpur this morning, in his capacity as a minority shareholder.
The extra perks accorded to Awan Megah in the agreements described by Rafizi are:
1. An RM15 million contract given to Awan Megah by the Defence Ministry last June, despite its seven-year failure to deliver the construction of the National Defence Institute or Puspahanas.
2. Awan Megah will retain 23.2 acres of land in Shah Alam that is worth millions of ringgit.
3. Boustead advanced RM4 million to Raja Ropiaah to buy a 20 percent stake in Astacanggih.
4. The agreement specifies that Bakti Wira will undertake to pay all debts incurred by Awan Megah to GuppyUnip Sdn Bhd, so that GuppyUnip will agree to terminate its joint-venture agreement with Awan Megah.
All these additional perks, Rafizi said, are being given freely to the company owned by the Selangor Wanita Umno chief, as if they are a windfall.
Malaysiakini is attempting to reach Boustead for its comments.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.