Berita dari gunung

Saturday, July 12, 2008

CASE FOR INTEGRITY: Shahrir, ECM Libra years later...

Old ECM Libra:

item no 1:-

JOHOR BAHRU 23 Julai – Jawatankuasa Kira-Kira Wang Negara (PAC) mahu kerajaan menjelaskan beberapa persoalan berhubung penggabungan syarikat Avenue Capital Resource Berhad dengan ECM Libra.

Pengerusi PAC, Datuk Sharir Abd. Samad berkata, soal penggabungan kedua-dua syarikat itu menimbulkan tanda tanya sama ada pengambilalihan itu menguntungkan kerajaan yang merupakan pemegang saham terbesar dalam Avenue Capital Resource.

Menurut beliau, kerajaan memiliki pegangan saham dalam Avenue Capital melalui MOF Incorporated iaitu salah satu syarikat diperbadankan oleh Kementerian Kewangan.... Utusan Malaysia Online - Berita Utama 24 Julai 2006

item no 2:-

Merujuk perkara di atas, Datuk telah berkata demikian:
Public Accounts Committee (PAC) Chairman Datuk Shahrir Samad conceded after the PAC meeting on Thursday that the merger between ECM Libra and Avenue raised troubling questions.Shahrir said: " In principle, there is a conflict of interest if the minister's family member is involved. But here, maybe there was no minister's consent because the matter was not brought to the cabinet - it was decided between the ministry's officials and the party which made the offer." Ibnu Hakeem .... [harakahdaily] PERINGATAN KEPADA DATO SHAHRIR SAMAD CHAIRMAN PAC
Public Accounts

item no 3:-

As the Parliament's Public Audit Committee convenes its investigation into the ECM-Libra/Avenue Capital Resources merger today, the media spotlight is trained on how the famous Son-in-Law funded his RM9.2 million purchase of a minority share in ECM-Libra, which was first revealed in December 2005.

On December 27 last year, the three founding members of ECM Libra -- Lim Kian Onn, Kalimullah Masheerul Hassan and David Chua -- announced that they were each selling 1% of their shareholding in the company to Khairy Jamaluddin. The deal was transacted at 71 sen per share, or a total of RM9.2 million. .... Screenshots: How Khairy funded his ECM-Libra shares

item no 4

KUALA LUMPUR, Aug 12 (Bernama) -- Umno Youth deputy head Khairy Jamaluddin has sold his entire stake of 10.2 million shares representing 1.23 per cent of ECM Libra Avenue Bhd, an investment and stockbroking-based company, it was announced Saturday.

Khairy sold his shares for 65 sen a share yesterday. He had bought them at 71 sen a share in December last year.

ECM Libra Avenue chairman Datuk Kalimullah Hassan Masheerul Hassan has also reduced his stake in the company to 40 million shares or 4.8 per cent in the company and is now no longer deemed a substantial shareholder, The Edge business weekly reported. ... The Malaysian Bar - Khairy Jamaluddin sells entire stake in ECM ...


New ECM Libra:

Ibrahim (Pasir Mas-Ind) brought up the issue of the connection between ECM-Libra and Pos Malaysia and whether Pos Malaysia stood to gain RM6 for every RM625 rebate for car disbursed.

On the issue regarding Pos Malaysia, he said: “I asked the Second Finance Minister and he said Pos Malaysia was paid according to actual costs. It has already explained to the Public Accounts Committee (PAC) that during the restructuring of Avenue Capital and its connection with ECM-Libra, Pos Malaysia has gone on to become a GLC (government-linked company).” ...24-06-2008: A big aye for government
The Edge Daily, Malaysia


BERITADARIGUNUNG: After all, we are human, not angels, Shahrir included.



Posted by Berita dari gunung at 4:36 PM
Labels: ecm libra, integrity, khairy, pac, shahrir
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