No Wonder Malaysia’s Economy Is In A State Of Crisis If We Are Led By Dummies Pretending To Know Accounting (e/c)

Press Statement By Penang Chief Minister Lim Guan Eng In Komtar, George Town On 4.1.2017.

No Wonder Malaysia’s Economy Is In A State Of Crisis If We Are Led By Dummies Pretending To Know Accounting Or Malaysians Facing A Water Rationing Crisis With Syarikat Perkhidmatan Air Negara(SPAN) Led By Liang Teck Meng!

No wonder Malaysia’s economy is in a state of crisis if we are led by dummies pretending to know accounting or Malaysians facing a water rationing crisis with Syarikat Perkhidmatan Air Negara(SPAN) led by Liang Teck Meng! I had wanted to ignore Gerakan Secretary-General and MP for Simpang Renggam Liang Teck Meng for his childish and irresponsible statement questioning Penang’s undoubted success in recording annual budget surpluses, with total accumulated surplus of RM574 million since 2008.

However I feel duty-bound to expose Liang’s wild lies and school him to the truth of the state government’s factual figures, fully supported by the certification of the Auditor-General’s annual reports. Hopefully Liang can be schooled to understand some basic accounting principles.

One, Liang is confused between the accounts of the Penang state government, Penang Development Corporation(PDC), local authorities Majlis Bandaraya Pulau Pinang and Majlis Perbandaran Seberang Perai. These are different and separate accounts and cannot be mixed up together as one. Liang mixes them up to try to claim that the state government sold more land than the RM 658 million recorded since 2008. Mixing them up is wrong and the Auditor-General separates them just as the Federal government accounts are separated from TNB, PNB or Tabung Haji.

Two, Liang cannot blindly include the sale of assets belonging to PDC as part of the state government’s revenue. Doing so is wrong when the assets do not belong to the state government unless Liang wants to invent a new system of accounting understood only by him.

Three, Liang claimed that the state government sold Bayan Mutiara state land and land reclamation rights in 2011 for RM1.07 billion, but why only RM658 million was recorded for the period between 2008-2015. I had explained many times that full payment was not paid in 2011 but paid progressively over a period of 6 years. Final payment will only be made by 10.11.2017 . Clearly Liang does not understand the difference between cash and accrual system of accounting.

Four, Liang questioned how the state government can still record a surplus when our annual operating spending now has jumped three-fold from RM283 million in 2008. Liang should be praising us for our success in still recording a surplus despite our spending increasing by 3 times due clearly to CAT administration of competency, accountability and transparency. Cost containment is achieved through open competitive tender that gives us the best pricing, efficiency savings and clean leadership where public money is not stolen through corruption scandals like BN. There are no RM52 billion 1MDB or USD 1 billion donation scandals in Penang. Penang state government’s revenue are fees and quit rent based on land. It is shocking that BN leaders can be so ignorant as to ask whether assessment rates are included when that is collected throughout Malaysia by local governments MBPP or MPSP. Penang’s annual budget surplus is unquestioned and an undoubted fact, when it is certified by the annual Auditor-General Reports. Or is Liang even questioning the veracity of the Auditor-General Reports in his desperate attempt to frame up the state government?

Five, Liang explained that the BN state government sold 36 times more land(3,661 acres) than the present state government(106.1 acres) but yet received less money(BN’s RM1,058 million compared to Pakatan’s RM1,110 million) because the BN state government was selling both land and land reclamation rights whereas Pakatan was only selling land. This is untrue because Bayan Mutiara land sold by the present state government involved both land and land reclamation rights. Land reclamation rights at Bayan Mutiara was sold at RM 240 per square feet by the present state government through open competitive tender whereas Tanjung Pinang land reclamation rights was sold by BN at only RM 1 per square feet because there was no open competitive tender.

I wish to assert that Penang would have recorded RM1,074 million in accumulated surplus since 2008 if RM500 million had not been allocated for the Public & Affordable Housing Fund. This RM500 million Public & Affordable Housing Fund was taken out of the RM658 million in land sales by the state government, clearly showing that land sales was not the reason for the annual surpluses of the state government.

Since 2008, Penang has recorded accumulated budget surpluses of RM574 million over the last 8 years, which is more than what BN achieved over the last 50 years they ruled Penang from 1957-2007 of RM373 million. The Penang state government received a total revenue of RM4,947 million since 2008. Land sales revenue since 2008 amounted to RM658 million or 13% of the total revenue of RM4,947 million.

Out of the land sales revenue of RM658 million, the state government had allocated RM500 million for the Public and Affordable Housing Fund to build low cost, low-medium cost and houses below RM300,000/-. In other words, since 2008 only RM158 million was available as contribution towards accumulated surplus of RM574 million, and towards establishing a welfare state where over RM400 million has been paid out as cash payments to 1.6 million Penangites and schools. Or hundreds of millions of ringgit for development purposes to build public infrastructure.

There is no special maths employed by the present state government as claimed by Liang, as all these figures are verified, acknowledged and certified by the annual Auditor-General Reports. There is only clean and honest accounting. The public can judge who can be trusted to save the Malaysian economy and prevent our children’s future from being stolen.

LIM GUAN ENG

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槟城州首席部长林冠英于2017年1月4日在乔治市光大发表的文告。

难怪马来西亚会陷入经济危机,只因一群傻瓜装着自己懂会计,也难怪马来西亚面对制水危机,只因国家水务公司(SPAN)由梁德明领导!

难怪马来西亚会陷入经济危机,只因一群傻瓜装着自己懂会计,也难怪马来西亚面对制水危机,只因国家水务公司(SPAN)由梁德明领导!对于民政党总秘书及新邦林甘国会议员梁德明针对槟城自2008年至今毫无疑问所获得5亿7400万令吉盈余的成就发出幼稚及不负责任的质问,原先我已经选择忽视。

然而,我在岗位上有责任揭发梁德明的谎言,并且望能教导他看懂由国家稽查司报告认证的州政府财务数据真相。希望在此能循循善诱让梁德明能懂得何谓基础会计原理。

第一、梁德明搞混了槟州政府、槟发展机构(PDC)、槟岛市政厅及威省市议会的会计。上述单位都是隶属不同的会计单位绝不可混为一谈。梁德明把所有单位混淆在一起,企图指控州政府自2008年以来售出比账面上6亿5800万令吉更多的土地。可是,正如国家稽查司将上述单位分开稽查,联邦政府的会计账目也是与国能、国家投资机构(PNB)及朝圣基金账目分开。

第二、梁德明不能盲目的将槟发展机构出售的资产当作是槟州政府的收入。当这些资产不是属于州政府账目,他这样胡乱冯京当马良根本就犯下错误,除非梁德明自己发明一套只有他懂的会计系统。

第三, 梁德明质问为何州政府以10亿7000万令吉出售峇央珍珠州政府地及填海权,但2008至2015年却只收入6亿5800万令吉。我已经解释过很多次,这并不是在2011年一次付清,而是逐次在6年内摊还,最后一次付款将会在2017年11月10日付清。看来,梁德明并不懂得会计当中的应计制度(Accrual System)。

第四, 梁德明质问当我们的行政开销从2008年的2亿8300万令吉翻了3倍怎么可能还能创造盈余纪录。这点梁德明应该得不吝称赞槟州政府的能干公信透明CAT施政方针,即便开销增加了3倍,我们还是能写下盈余的纪录。透过公开招标我们能获得最好的价格,同时有效率的节流及廉洁的领导都造就了我们的开销得以控制,绝不像国阵透过贪污丑闻盗窃国家公款。在槟城绝没有520亿令吉1MDB丑闻或10亿美元捐献丑闻。槟州政府的收入是来自各种税收及地税。我对于国阵的领袖竟然无知到质问州政府收入到底有没有把门牌税也算在内感到震惊,在马来西亚任哪个地方门牌税都是由地方政府如槟岛市政厅或威省市议会征收。槟州政府的财政盈余在受到年度国家稽查报告认证下是无可置疑的事实。难道梁德明是要质疑国家稽查报告的公信,只因为他处心积虑要谗害州政府?

第五,对于现任州政府卖出106.1英亩的土地,而之前的国阵州政府则卖出3,661英亩的土地,是现任州政府的36倍,但却收到更少的钱(国阵收到10亿5800万令吉,希联则收到11亿1000万令吉)一事,梁德明解释,这乃是因为国阵州政府卖出的不止是土地,还包括填海权,而希联则只是单单售出土地而已。他的解释是错误的,因为现任州政府之前卖出的峇央珍珠,就包括了土地与填海权。峇央珍珠的填海权透过公开招标,获得的售价为每平方尺240令吉。相较由国阵州政府售出的丹绒槟榔(位于丹绒道光)填海权,因为没有公开招标的缘故,每平方尺的售价只能落得1令吉而已。

我在此重申,若不计拨予公共及可负担房屋基金的5亿令吉,槟州自2008年以来,盈余已累积到10亿7400万令吉。这5亿令吉的公共及可负担房屋基金,乃从现任州政府出售土地赚取的6亿5800万令吉中所拨出,这清楚显示,出售土地并不是州政府年度盈余的来源。

自2008年以来的8年,槟州共取得5亿7400万令吉的预算案盈余;相较国阵从1957年到2007年,执政50年来仅取得3亿7300万令吉的盈余。槟州政府从2008年起,迄今总收入达49亿4700万令吉。同期出售的土地赚取了6亿5800万令吉,占总收入49亿4700万令吉的13%。

由出售土地赚取的6亿5800万令吉中,州政府拨出了5亿令吉充作公共及可负担房屋基金,以便兴建廉价、中廉价以及30万令吉以下的房屋。换句话来说,从2008年以来,只有1亿5800令吉能够纳入 5亿7400万令吉的累积盈余当中,另,为了创建我们的福利州,州政府用了4亿令吉以现金的方式分别分给160万个槟城人及各种学校。我们也使用上亿令吉来发展各种公共基本设施。

现任槟州政府并未像梁德明所说的玩弄数字游戏,这些所有的数字都是经过总稽查报告所核实并发表的。这是一份堂堂正正、老老实实的会计报告。民众自有雪亮的眼睛来判断,谁才能够拯救马来西亚的经济,确保我们孩子的未来不会被偷走。

林冠英

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