Guan Eng Questions Govt S Decision To Cancel Rm2b Guarantee For Penang Accuses Tengku Zafrul Of Double Standards



(MMO) – DAP secretary-general Lim Guan Eng today questioned and demanded answers from Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz as to why a US$500 million (RM2 billion) loan guarantee requested by Penang from the federal government was recently cancelled.
The former finance minister explained how the government guarantee was only requested to act as a guarantor for the Penang state government against a loan obtained from the Asian Development Bank (ADB), a requirement of ADB, for the Penang Light Transit Rail (LRT) project.
Lim then accused the government of practicing vengeful politics by blocking aid to states led by Pakatan Harapan.
“This instance of revenge politics is very obvious because if taken from the financial aspect, there is no reason why the government guarantee to the bank loan cannot be approved.
“Why did Tengku Zafrul, when he was CIMB Bank Berhad’s chief executive officer approve a RM1.5 billion direct loan to the Penang Development Corporation (PDC) in 2018, but as the Finance Minister refuses to approve a RM2 billion guarantee to the Penang state government?” Lim said in a statement.
The former Penang Chief Minister explained how a guarantee from the government for the RM2 billion would not even translate to funds coming out from the national coffers as the Penang state government are able to service its own loans.
Lim added how the LRT project is desperately needed by the state to alleviate traffic congestion and spur further development towards it becoming a modern state.
“Penang recorded exemplary results in its debt management with the lowest loans among all the states in Malaysia, with RM57.83 million in 2018. Assets meanwhile are worth around RM2 billion.
“It was based on these financial performances that the state government’s promise itself was sufficient enough to convince CIMB to approve a bank loan of RM1.5 billion to the PDC, which is wholly owned by the state government,” Lim said.
“We hope Finance Minister Tengku Zafrul can reconsider the decision to cancel the guarantee to ADB, based on the financial performance and the state’s ability to pay for the loan,” he added.
 


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

https://www.malaysia-today.net/2020/11/29/guan-eng-questions-govts-decision-to-cancel-rm2b-guarantee-for-penang-accuses-tengku-zafrul-of-double-standards/

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
High Court Sets Feb 22 For Guan Eng To Testify Over Damages In Defamation Suit Against Raja Petra

High Court Sets Feb 22 For Guan Eng To Testify Over Damages In Defamation Suit Against Raja Petra

papar berkaitan - pada 23/11/2020 - jumlah : 304 hits
Former Finance Minister Lim Guan Eng will testify in the High Court here on February 22 next year in the proceeding to assess the damages in his defamation suit against blogger Raja Petra Bin Raja Kamarudin over allegation of corruption in ...
Tengku Zafrul No Decision Yet On Whether To Shut Down Magb

Tengku Zafrul No Decision Yet On Whether To Shut Down Magb

papar berkaitan - pada 1/12/2020 - jumlah : 422 hits
KUALA LUMPUR The government still has not made a decision on whether to shut down Malaysian Aviation Group Bhd says Finance Minister Tengku Zafrul Abdul Aziz MAGB is an entity under Khazanah Nasional Bhd that owns Malaysia Airlines Bhd The ...
Cancelling Loan Guarantee For Penang Lrt Is Political Vendetta Dap Mp

Cancelling Loan Guarantee For Penang Lrt Is Political Vendetta Dap Mp

papar berkaitan - pada 29/11/2020 - jumlah : 249 hits
Putrajaya s decision not to grant a loan guarantee to the Penang government to finance the state s Light Rail Transit project is a political vendetta claimed a DAP lawmaker Steven Sim who is the MP for Bukit Mertajam in Penang lambasted the...
Gerakan Lodges Macc Report Over Penang Govt S Funding Of Comic Museum

Gerakan Lodges Macc Report Over Penang Govt S Funding Of Comic Museum

papar berkaitan - pada 27/11/2020 - jumlah : 261 hits
Parti Gerakan Rakyat Malaysia has lodged a report to the Malaysian Anti Corruption Commission yesterday to probe into the Penang government s allocation to the Asia Comic Cultural Museum to pay for the museum s rental fee Penang Gerakan vic...
Program I Sinar Diperluas Kepada Semua Ahli Kwsp Yang Terjejas Pendapatan Tengku Zafrul

Program I Sinar Diperluas Kepada Semua Ahli Kwsp Yang Terjejas Pendapatan Tengku Zafrul

papar berkaitan - pada 26/11/2020 - jumlah : 396 hits
Kerajaan bersetuju membenarkan pencarum Kumpulan Wang Simpanan Pekerja mengeluarkan hingga RM10 000 daripada Akaun 1 Menteri Kewangan Tengku Zafrul Abdul Aziz ketika mengumumkan perkara itu berkata ia akan memberi manfaat kepada lebih 8 jut...
Drop Direct Negotiation For Govt Procurement Says Think Tank

Drop Direct Negotiation For Govt Procurement Says Think Tank

papar berkaitan - pada 27/11/2020 - jumlah : 233 hits
An analysis by IDEAS on direct negotiation projects in the auditor general reports from 2014 2018 showed that existing rules were not implemented well PETALING JAYA The Institute for Democracy and Economic Affairs is calling for a revision ...
Cukai Baharu Hanya Diperkenal Selepas Ekonomi Pulih Tengku Zafrul

Cukai Baharu Hanya Diperkenal Selepas Ekonomi Pulih Tengku Zafrul

papar berkaitan - pada 25/11/2020 - jumlah : 287 hits
BernamaTengku Zafrul berkata selain meningkatkan hasil kerajaan juga komited untuk mengurangkan paras hutang negara daripada 60 peratus dan mengembangkan sektor berimpak tinggi Foto Bernama KUALA LUMPUR Kerajaan akan hanya memperkenalkan se...
Pas Waiting For Central Decision On Perak But Says Mandate Is To Defend Pn

Pas Waiting For Central Decision On Perak But Says Mandate Is To Defend Pn

papar berkaitan - pada 6/12/2020 - jumlah : 284 hits
Perak PAS says it is still waiting for a decision from the party s central leadership on the formation of the next state government State party chief Razman Zakaria however said the mandate they have now is to defend Perikatan Nasional Spea...
Beli Rumah Lebih Jimat Dengan Kempen Hartanah Bumiputera Matrix

Bersatu Man Demands Dnb Exit Strategy For U Mobile

Tattoos Raised And Itchy

Khutbah Jumat Jumadil Awal Tangis Ibnu Rawahah Jelang Perang Mu Tah

Tattoos Portland Maine

Bertolak Ansurlah

Kisah Adv 160 Pengajaran Dari Bateri Lemah

Haram Guna Dan Jual Vape Dewan Pemuda Pas Pahang Zahir Sokongan Penuh Terhadap Titah Sultan


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Training Refresher Sistem 24 10 2024 29 10 2024

Pas Langkaui Retorik Dap Isytihar Pas Muuh Utama

Kru Voodoo Chord

Umno Youth To Protest Extra Hours For Civil Servants Working Shifts

Abang Adik Wins Best Film Award In Los Angeles

Sisters In Islam Denounce Cruel Public Caning At Mosque