Double Standards One Liner Dap Leaders Blast Sc For Clearing Azam


 


Top leaders in federal opposition party DAP have criticised the Securities Commission (SC) for clearing MACC chief Azam Baki of any breaches of the Securities Industry (Central Depositories) Act 1991 (Sicda).
Earlier today, the capital markets regulator said it concluded its inquiry into Azam.
The SC began scrutinising the top public official after he said his brother Nasir Baki used the former's trading account to purchase shares.
In a statement today, DAP secretary-general Lim Guan Eng (above) questioned the SC’s findings.
“How can the SC perform its statutory duty if the SC can’t establish that Azam has breached Section 25(4) of Sicda when Azam has openly and publicly admitted that he had allowed his brother to conduct proxy share trading?
“Like every developed capital market in the world, Section 25(4) of Sicda has outlawed proxy share trading by providing that a trading account must be opened in the name of the beneficial owner or authorised nominee,” he remarked.
The former finance minister noted that the SC did not explain why Azam did not violate Sicda nor where he got sufficient funds for the share purchase.
Lim also pointed out that the commission had penalised individuals for proxy trading in the past.
For instance, in 2011, the SC compounded a person RM25,000 for allowing someone else to trade shares using her Central Depository System account.
“This is clearly double standards. Is SC going to return the fines they have paid and apologised for prosecuting them?
“Unless the SC can act against Azam, Section 25(4) of Sicda has been rendered impotent and broken,” the Bagan MP opined.
SC must explain

Like Lim, DAP deputy chairperson Gobind Singh Deo urged the SC to explain its findings.
“One-lined statements from the SC are insufficient. Make the details public.
“Explain who was called in to assist in the inquiry, what the inquiry revealed, what impact the evidence had on the law applicable, and why you are unable to conclude whether a breach occurred.
“Reasons should be given in support of any decision,” said the Puchong MP.

Gobind said the SC’s findings underscored the need for the Parliamentary Select Committee (PSC) on Agencies in the Prime Minister’s Department to convene a hearing on Azam’s share ownership controversy.
“The SC should also be called in to assist and explain their position at that hearing,” he added.
Originally scheduled for tomorrow, the PSC meeting on the matter was postponed after Azam said he objected to the nature of the oversight body’s probe.
Did Azam use his own account?
In light of the SC’s conclusion, DAP Bandar Kuching MP Dr Kelvin Yii Lee Wuen speculated if that meant Azam was lying.
“So the SC claims that they cannot conclusively ‘establish a breach’.
“Which basically confirms that Azam in all likelihood used his own account to buy those shares, not his brother. And lied about it,” he tweeted.

- Mkini


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2022/01/double-standards-one-liner-dap-leaders.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Amanah Youth Leaders Called For Questioning Over Azam Protest

Amanah Youth Leaders Called For Questioning Over Azam Protest

papar berkaitan - pada 19/1/2022 - jumlah : 287 hits
Several Amanah Youth leaders have been called in for police questioning shortly after they voiced their support in a press conference this morning for the TangkapAzamBaki rally planned for Saturday According to a press notice sent out by Am...
Dap Desperately Trying To Turn Azam Gate Into 1mdb Version 2 0

Dap Desperately Trying To Turn Azam Gate Into 1mdb Version 2 0

papar berkaitan - pada 22/1/2022 - jumlah : 224 hits
Opposition lawmaker Lim Kit Siang has once again told Prime Minister Datuk Seri Ismail Sabri Yaakob that it is time he got on top of Malaysian Anti Corruption Commission chief s Tan Sri Azam Baki proxy stock trading case The DAP veteran sai...
Azam Sues Whistleblower For Defamation Over Shareholdings Claim

Azam Sues Whistleblower For Defamation Over Shareholdings Claim

papar berkaitan - pada 13/1/2022 - jumlah : 305 hits
MACC chief commissioner Azam Baki has filed a defamation suit today against whistleblower Lalitha Kunaratnam who had written about his share ownership in two publicly listed companies Today we have filed a claim for defamation in the Kuala ...
Istihar Isu Azam Baki Kes Nombor Satu Negara Dap Lim Kit Siang Cuba Bina Momentum Ala Ala 1mdb

Istihar Isu Azam Baki Kes Nombor Satu Negara Dap Lim Kit Siang Cuba Bina Momentum Ala Ala 1mdb

papar berkaitan - pada 22/1/2022 - jumlah : 303 hits
Oleh Sirajuddin AhmadDemi Nak Tutup Kes Zeti Dan Terowong Tiba tiba Lim kit Siang Istihar Kes Azam Baki Kes No Satu Negara pada sidang Prlimen lapor sebuah akhbar Kes Najib dan 1MDB sudah bukan National Embbarrasment lagi Namun DAP malu hen...
Johor Polls Won T Be A Walk In The Park For Umno Says Dap Leader

Johor Polls Won T Be A Walk In The Park For Umno Says Dap Leader

papar berkaitan - pada 24/1/2022 - jumlah : 403 hits
The Johor state elections may not be a walk in the park for Umno contrary to the opinion of its leaders that the party will see a huge victory in the polls In a Facebook post Johor DAP chairman Liew Chin Tong gave three reasons the coming e...
Mp Wrong For Agencies Committee To Not Deliberate On Azam S Objections

Mp Wrong For Agencies Committee To Not Deliberate On Azam S Objections

papar berkaitan - pada 18/1/2022 - jumlah : 220 hits
The decision by the Parliamentary Select Committee on Agencies under the Prime Minister s Department to postpone its meeting has come under fire Johor Bahru MP Akmal Nasrullah Mohd Nasir said at the very least the committee should have deli...
Azam Baki Visits Retention Pond Approved For Development

Azam Baki Visits Retention Pond Approved For Development

papar berkaitan - pada 8/1/2022 - jumlah : 302 hits
Malaysian Anti Corruption Commission chief Azam Baki inspecting the site of the flood retention pond in Taman Wahyu Kepong today KUALA LUMPUR The Malaysian Anti Corruption Commission has directed Kuala Lumpur City Hall to appoint an indepen...
Police Hand Over Reports On Azam To Sc For Further Action

Police Hand Over Reports On Azam To Sc For Further Action

papar berkaitan - pada 9/1/2022 - jumlah : 252 hits
Police reports against MACC chief Azam Baki over his shareholdings scandal have been sent to the Securities Commission for further action said Bukit Aman CID director Abd Jalil Hassan He said this in a brief statement confirming that police...
Perlis Mufti Calls For Macc Overhaul After Senior Officers Defend Azam

Perlis Mufti Calls For Macc Overhaul After Senior Officers Defend Azam

papar berkaitan - pada 10/1/2022 - jumlah : 298 hits
Perlis mufti Mohd Asri Zainul Abidin has called for an overhaul of the MACC after what he described as the strange conduct of senior officers defending chief commissioner Azam Baki even though an investigation has yet to be conducted Consid...
Kecewa Usaha Bertahun Tahun Tak Dihargai Amp Asyik Ditolak Fadlan Hazim Undur Diri Dari Dunia Lakonan

Marissa Dania Sunting Gambar Ai Sedang Peluk Dirinya Masa Kecil Lagu Putar Waktu Buat Netizen Sebak

Isu Istilah Kafir 2 Pemimpin Pas Dituduh Main Wayang Politik

Rebut Harta Motif Pembunuhan Wanita Ditemui Maut Dalam Kereta Suspek Lari Ke Luar Negara Polis

Nasi Ambeng Di Selangor

Bunuh Diri Atau Dibunuh

Barang Branded Vs Barang Fake Mana Lagi Sesuai

Yummy Healthy Chicken Recipes You Can Freeze


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Empat Pensyarah Uum Tersenarai Antara 2 Saintis Terbaik Dunia

Ketahui Tanda Awal Cara Elak Masalah Bateri Kereta

Panduan Asas Search Engine Optimization Untuk Blog

Man Climbs Warehouse Roof In Bintulu Firefighters Talk Him Down Safely

Uncle Caught On Cctv Plucking Pubic Hair And Placing It Into Food

Kelantan Police Chief Misunderstood Rape Law Says Mp