Is Liow Tiong Lai Afraid To Debate With Me On Both The 1MDB Scandal As Well As The Penang Undersea Tunnel And Three Main Highways Issue Because He Can Not Explain How Tun Razak Exchange(TRX) Land In Kuala Lumpur Was Sold To 1MDB For Only RM64 psf When The Market Price Is 42 Times Higher At RM2,700 psf?(e/c)

Press Statement By DAP Secretary-General And MP For Bagan Lim Guan Eng In Kuala Lumpur On 27.3.2018.

Is MCA President Liow Tiong Lai afraid to debate with me on both the 1MDB scandal as well as the Penang undersea tunnel and three main highways issue because he can not explain how Tun Razak Exchange(TRX) land in Kuala Lumpur was sold to 1MDB for only RM64 per square feet(psf ) when the market price is 42 times higher at RM2,700 psf? Liow should prove that he is as brave as his predecessor Chua Soi Lek, who dared to have an open public debate with me.

The Penang state government had nothing to hide because the tunnel and 3 highway projects was conducted by open tender unlike 1MDB. Both BN or MCA did not dare to name which Penang state government leader had accepted millions of ringgit of bribes relating to the tunnel and 3 main highway project. In contrast, Pakatan has publicly named Jho Low and Malaysian Official No. 1(MO1) as the beneficiaries of 1MDB as proven by the RM1 billion super-yacht ‘Equanimity’ seized in Bali and the RM 2.6 billion deposited in the personal bank account of MO1.

Finally many countries have taken action against those involved in 1MDB, apart from the RM1 billion super-yacht and RM2.6 billion cash deposited in the personal bank account of MO1. This includes Singapore cancelling a bank license and imprisoning a bank officer for 54 months and seizure of RM430 million of cash deposits in Swiss banks by the Swiss government as well as the United States attorney-general Jeff Sessions describing 1MDB as “kleptocracy at its worst”.

Finally the biggest fear for Liow is still 1`MDB’s obtaining 70 acres of prime Kuala Lumpur land in TRX at a dirt-cheap price of only RM64 per square feet, when the market price was RM2,700 per square feet in 2010? This works out to a purchase price of only RM 194 million when the market value is more than RM8.2 billion, a benefit to 1MDB of 42 times(4,200%) over the market value. 1MDB had an unrealised gain of RM 8 billion and yet no action was taken by Malaysian Anti-Corruption Commission(MACC).

How low this price of RM64 per square feet is, can be seen by 1MDB selling only 1.56 acres of land to Lembaga Tabung Haji at a supposedly cheap price of RM2,773 per square feet for RM188.5 million. In other words 1MDB practically got back their entire investment of RM 194 million for buying 70 acres of TRX land by selling only 1.56 acres!

1MDB was willing to make a huge profit at the expense of another Federal government agency, in this case Lembaga Tabung Haji, to cover its acquisition costs of RM194 million at one go. This is unlike the Penang state government swapping land at Gurney Drive, to build the tunnel and three highway project for RM1,300 psf, which is 3 times the then market price of RM475 psf according to Wee Ka Siong, or RM457 psf according to the government valuer.

Is Liow afraid to debate with me because he cannot explain how the Penang state government can sell our land at 3 times the market value unlike the BN Federal government that sold its land at 42 times below market value to 1MDB?

LIM GUAN ENG

民主行动党秘书长兼峇眼区国会议员林冠英于2018年3月28日在吉隆坡发表文告:

廖中莱害怕与我辩论1MDB丑闻以及槟州海底隧道与三条大道的课题,是不是因为他担心无法解释大家敦拉萨国际贸易中心(TRX)的疑惑?这片位于吉隆坡的土地,被贱卖予1MDB,价格低至每平方英尺64令吉,比起市场价格每平方英尺2700令吉,足足低了42倍。

廖中莱害怕与我辩论1MDB丑闻以及槟州海底隧道与三条大道的课题,是不是因为他担心无法解释大家对敦拉萨国际贸易中心(TRX)的疑惑?这片位于吉隆坡的土地,被贱卖予1MDB,价格低至每平方英尺64令吉,比起市场价格每平方英尺2700令吉,足足低了42倍。廖中莱应该证明自己和马华前总会长蔡细历一样,无惧于和我同台公开辩论。

槟州政府坦荡荡,实在没什么好隐瞒的,因为海底隧道与三条大道的计划是光明正大公开招标的,与1MDB截然不同。不论是国阵或马华,并不敢指名道姓,说出究竟是哪个州政府的领袖在海底隧道与三条大道的计划中,接受了数百万令吉的贿款。相反的,希望联盟已道出刘特佐以及大马第一号官员是1MDB中的受惠者,看看在峇厘岛遭扣的10亿令吉平静号豪华游艇,还有大马第一号官员私人银行帐号中的26亿令吉,就能知道所以然。

除了那10亿令吉的平静号豪华游艇以及大马第一号官员私人银行帐号中的26亿令吉外,多个国家最终也已纷纷针对1MDB采取行动,对付涉及人士。这包括新加坡撤销了银行执照、判处相关银行职员54个月监禁、瑞士政府冻结瑞士银行内的4亿3000万令吉现金,以及美国总检察长杰弗形容1MDB为“最糟糕的盗贼统治”。

说到底,廖中莱最大的恐惧还是1MDB以每平方英尺64令吉的低价获得敦拉萨国际贸易中心70亩的土地,而在2010年有关土地每平方英尺的价格为2700令吉。这片土地市场价原本需要超过82亿令吉,现在只需要1亿9400万令吉就能得到,1MDB赚取了42倍(4200%)的利益。1MDB偷龙转凤获得了近80亿令吉,反贪会却没有采取行动对付之。

1MDB以每平方英尺64令吉的低价获得土地后,转身却将1.56亩的土地,以每平方英尺2773令吉,共计1亿8850万令吉的价格脱售予朝圣基金局。换句话来说,1MDB卖出1.56亩土地得到的报酬,就抵消了之前以1亿9400万令吉买来的70亩敦拉萨国际贸易中心土地!

1MDB 在联邦政府旗下的机构,即朝圣基金局中牟取了惊人的利润,一次过抵消之前1亿9400万令吉的费用。槟州政府在新关仔角换地兴建海底隧道与三条主要大道,售出的土地价格为每平方英尺1300令吉,是市场价格的3倍。按魏家祥的的说法,当时每平方英尺为475令吉,而政府估价师的估价则为457令吉。

廖中莱不敢与我同台辩论,是不是因为他无法解释槟州政府以高于市场价三倍的价格出售土地,不像国阵联邦政府,以低于市场42倍的贱价,把土地卖给1MDB?

林冠英