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Tuesday, May 8, 2018

Hong Kong-based tycoon, ex-Petronas boss to help Harapan in fiscal reforms


GE14 | Pakatan Harapan has revealed that several eminent Malaysians agreed to assist in the implementation of fiscal reforms if the coalition wins federal power in tomorrow's general election.
In a joint statement this afternoon, the coalition's leaders said this included a former president of Petronas and a Hong Kong-based tycoon.
However, the individuals were not named.
“Respected, eminent, patriotic Malaysians will be invited to contribute in undertaking these reforms.
“Some have agreed to be part of this endeavour, including experienced captains of industry, a former president of Petronas, a successful Hong Kong-based tycoon, respected former senior civil servants and economists.
“They will provide guidance for the formulation and execution of the reform plan,” read the statement inked by Harapan chairperson Dr Mahathir Mohamad, president Dr Wan Azizah Wan Ismail as well as deputy presidents Muhyiddin Yassin, Lim Guan Eng and Mohamad Sabu.
Previously, Malaysian-born billionaire Robert Kuok landed in the spotlight following an allegation that he was funding opposition parties to overthrow BN.
However, the Hong Kong-based tycoon later denied this allegation, which first surfaced on the Malaysia Today website operated by Raja Petra Kamaruddin.
"In no uncertain terms, Mr Kuok states that the Malaysia Today articles constitute a very serious libel. Moreover, the allegations made are false and the attack on him wholly unjustified.
"Mr Kuok takes these baseless allegations very seriously and reserves the right to take all necessary steps against Malaysia Today and the author to address the false allegations contained in the scurrilous Malaysia Today articles," said a statement from his office.
Prior to the denial, caretaker tourism and culture minister also launched a tirade against Kuok, challenging him to contest in the general election if he was man enough.
Meanwhile, Harapan's statement outlined the fiscal reforms plan during the first 100 days of coming into power.
The coalition said it is committed to undertaking responsible and progressive fiscal reforms, to be implemented in an orderly, transparent and systematic manner to enhance fiscal equity, transparency, and accountability, and support accelerated productive investments and economic growth. -Mkini

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