Wednesday, March 14, 2012

Parliament skirts questions on Tajudin Ramli settlement

Source: (S Pathmawathy, 13/3/2012)
Four questions related to the out-of-court settlement between former Malaysia Airlines chairperson Tajudin Ramli and government-linked corporations (GLCs) were rejected by the Dewan Rakyat today on grounds that these are sub judice. The questions were turned down on the reasoning that the matter could have an implication on other ongoing legal battles in the Court of Appeal and pending cases in the Kuala Lumpur High Court.
The questions were submitted by DAP MPs Lim Guan Eng (Bagan), Lim Lip Eng (Segambut), Jeff Ooi (Jelutong) and Tony Pua (Petaling Jaya Utara), and were interrelated to the government’s instructions in ordering the GLCs to end the long-drawn battle.
“These questions are important... we want to know the rationale and benefit to the rakyat by settling out of court the multi-million ringgit that Tajudin was ordered to pay by the High Court,” Guan Eng told a press conference at the Parliament lobby today.
Last month, Tajudin came to a settlement with Pengurusan Danaharta Bhd (Danaharta) putting an end to a six-year dispute over millions of ringgit that Tajudin owed to the national asset management firm.
A settlement shrouded in secrecy
Guan Eng's questions also demanded that the government reveals the claims before the court involving the two parties and losses incurred by Danaharta and MAS.
Meanwhile, Lip Eng called on the prime minister to explain in detail the savings or the losses to the government as a result of the out-of-court settlement.
The opposition, anti-graft watchdog Transparency International Malaysia and minority shareholders have hit out at the deal for being shrouded in secrecy.
The Kuala Lumpur High Court had on Dec 7, 2009, ordered Tajudin to pay RM589.14 million plus two percent interest a year to Danaharta, which manages Tajudin's unpaid loans, backdated to Jan 1, 2006. The same court had earlier dismissed Tajudin’s RM13.46 billion counter-claim. However, Tajudin withdrew his lawsuit against Danaharta as well as numerous other litigants, including Telekom Malaysia Bhd, Naluri Corporation, Celcom (M) Bhd, Atlan Holding Bhd and CIMB Group. Tajudin’s settlement resulted from a directive issued by the government in August last year, “advising” all related GLCs, including MAS, to drop their suits against him.
Related news: No questions on settlement of Tajudin-Danaharta

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