Lim Kit Siang should change his financial tutor Tony Pua – Salleh Said Keruak

Feb 8, 2017
Umno treasurer-general Salleh Said Keruak has called on Lim Kit Siang to improve his knowledge on fundamental business operations.
Umno treasurer-general Salleh Said Keruak has called on Lim Kit Siang to improve his knowledge on fundamental business operations.

Salleh Said Keruak has called on Lim Kit Siang to sack his “financial tutor” Tony Pua if the DAP veteran leader could not understand that 1MDB was a going concern while the BMF and Bank Negara forex scandals were real and physical losses with no benefit to the country.

“Maybe Kit Siang should change tutors if Tony (Pua) did not explain this to him,” said Salleh, the Umno treasurer-general, in a blog posting today.

He was responding to Kit Siang blog posting calling on Salleh to take tuition from Tony Pua to improve his knowledge on financial matters “as a little knowledge is dangerous”.

“I take it Kit Siang has himself been tutored by Tony (Pua), whom he seems to regard as a financial guru,” said Salleh, the communications and multimedia minister.

He said Kit Siang had listed down in his blog mere business operational issues such as companies raising funds from various sources to buy assets and do business.

That, he said was quite normal unless the company started its business with a huge paid up capital.

But in 1MDB’s case, he said the start up capital was only RM1 million.

He said the issue was did 1MDB physically lose RM42 billion like what has been alleged?

He said former Premier Mahathir Mohamad’s claim that RM42 billion had ‘lesap’ or disappeared into thin air proved to be false as 1MDB had RM51 billion worth of assets to show for it plus ongoing development for the next couple of decades.

“So I do not need tutoring from Tony (Pua), like Kit Siang does, to understand something so fundamental.

“I did not attend the Save Malaysia Roundtable because the event was not about saving Malaysia but had other ulterior motives and hidden agendas,” said Salleh.