The Finance Minister tells a businesswoman to sell their shares in Metramac to UEM?
Why? Why did he do it? Why is it that Malaysian Finance Minister had such wide prerogative and discretions in commercial and business decision-making such that Malaysian companies are dictated and directed to do what the minister decides?
Is it part of our constitution or is it part of NEP?
Or, is it UMNO's business?
Why? Why did he do it? Why is it that Malaysian Finance Minister had such wide prerogative and discretions in commercial and business decision-making such that Malaysian companies are dictated and directed to do what the minister decides?
Is it part of our constitution or is it part of NEP?
Or, is it UMNO's business?
Fawziah claimed that former Finance Minister Tun Daim Zainuddin instructed her to persuade two former shareholders of STKG, now Metramac Corporation, to sell their shares to UEM or she would lose business opportunities in Malaysia.
Fawziah claimed that in a meeting on Nov 16, 1990, Daim instructed her to persuade Cekal Sejahtera Sdn Bhd and Indonesian businessman Itjih Sjamsul Nursalim to sell their STKG shares.
“He stated that my failure to do so would result in the loss of business opportunities for me in Malaysia,” she said in her 44-page affidavit. “He did not at any time inform me that he was acting on the instructions of the Cabinet.”
She made this claim in her affidavit-in-reply to Daim's and Tan Sri Halim Saad's affidavits and motions to expunge remarks made against them by the Court of Appeal in its written grounds of judgment dated Jan 12.
Daim and Halim had stated separately in their affidavits that they were not involved in the takeover of STKG by Metro Juara Sdn Bhd.
Fawziah also stated that even though Daim said in his affidavit that he resigned as Finance Minister in March 14, 1991, she believed that he was appointed Economic Adviser to the Government subsequently with full ministerial status.
Fawziah claimed that in a meeting on Nov 16, 1990, Daim instructed her to persuade Cekal Sejahtera Sdn Bhd and Indonesian businessman Itjih Sjamsul Nursalim to sell their STKG shares.
“He stated that my failure to do so would result in the loss of business opportunities for me in Malaysia,” she said in her 44-page affidavit. “He did not at any time inform me that he was acting on the instructions of the Cabinet.”
She made this claim in her affidavit-in-reply to Daim's and Tan Sri Halim Saad's affidavits and motions to expunge remarks made against them by the Court of Appeal in its written grounds of judgment dated Jan 12.
Daim and Halim had stated separately in their affidavits that they were not involved in the takeover of STKG by Metro Juara Sdn Bhd.
Fawziah also stated that even though Daim said in his affidavit that he resigned as Finance Minister in March 14, 1991, she believed that he was appointed Economic Adviser to the Government subsequently with full ministerial status.
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