UMNO TO SELL OFF BILLION-RINGGIT ASSETS TO OVERCOME FREEZE ON FUNDS? NOT SO FAST! WHAT’S TO STOP ZAHID & WARLORDS FROM NEXT WAVE OF CORRUPTION BY SKIMMING THE CREAM & LEAVING PEANUTS FOR THE REST – ALSO HOW MANY ASSETS WERE NOT BOUGHT CORRUPTLY WITH EXTRA-SPECIAL DEALS FROM THE THEN GOVT AT THE EXPENSE OF THE REST OF THE COUNTRY

KUALA LUMPUR – An Umno leader today urged the party leadership to consider selling off some of its assets to generate money for day to day operations of its branches nationwide.

Umno Youth vice-chief Shahril Hamdan said the proposal, if carried out, could help the party in the wake of a freeze on Umno accounts by the authorities over investigations linked to the 1MDB scandal.

“Our accounts are frozen but our assets are in the millions.

“Why not liquidify the assets and give Umno branches the money to cover at least their basic costs?” he told Youth members today ahead of the Umno general assembly.

It was reported that the Malaysian Anti-Corruption Commission (MACC) has frozen 900 bank accounts linked to Umno over their connection with funds from 1MDB entities.

– M’kini