{"id":2018,"date":"2012-02-08T14:47:57","date_gmt":"2012-02-08T06:47:57","guid":{"rendered":"http:\/\/limguaneng.com\/?p=2018"},"modified":"2012-02-08T14:47:57","modified_gmt":"2012-02-08T06:47:57","slug":"the-bn-government-must-conduct-a-royal-commission-of-inquiry-into-tun-dr-mahathir-mohamed-allegations-rm3-4-billion-losses-in-cash-reserves-suffered-by-national-carmaker-proton-caused-by-%e2%80%9cbad","status":"publish","type":"post","link":"https:\/\/limguaneng.com\/index.php\/2012\/02\/08\/the-bn-government-must-conduct-a-royal-commission-of-inquiry-into-tun-dr-mahathir-mohamed-allegations-rm3-4-billion-losses-in-cash-reserves-suffered-by-national-carmaker-proton-caused-by-%e2%80%9cbad\/","title":{"rendered":"The BN Government Must Conduct A Royal Commission Of Inquiry Into Tun Dr Mahathir Mohamed Allegations RM3.4 Billion Losses In Cash Reserves Suffered By National Carmaker Proton Caused By \u201cBad Management\u201d(en\/bm\/cn)"},"content":{"rendered":"<p>Press Statement By DAP Secretary-General And MP For Bagan Lim Guan Eng In Kuala Lumpur On 8.2.2012<\/p>\n<p><strong>The BN Government Must Conduct A Royal Commission Of Inquiry Into Tun Dr Mahathir Mohamed Allegations RM3.4 Billion Losses In Cash Reserves Suffered By National Carmaker Proton Caused By \u201cBad Management\u201d.<br \/>\n<\/strong><br \/>\nYesterday, the New Straits Times reported former Prime Minister Tun Dr Mahathir Mohamad as saying that Proton Holding Bhd\u2019s cash reserves had fallen from a high of RM4 billion to a staggering low of RM600 million to help cut company losses. <\/p>\n<p><!--more-->According to Dr Mahathir, our national carmaker Proton had accumulated RM4 billion during Tengku Tan Sri Mahaleel Ariff\u2019s tenure as CEO, but its cash reserves had dropped to a dangerously low RM600 million during his successor Datuk Mohammed Azlan Hashim\u2019s stewardship. <\/p>\n<p>Dr Mahathir also added that the losses sustained are partly due to the sale of MV Augusta to a little-known company called Gevi SpA in 2006 for only 1 Euro, even though Proton had paid more than RM300 million for a 57% stake. <\/p>\n<p>Subsequently,after the sale of MV Augusta by Proton, BMW paid 93 million Euros or RM446 million at the time for one third of MV Augusta. Following that, Harley Davidson bought the rest of MV Augusta for USD 109 million or RM360 million at the time. In other words, a company that was sold by Proton for 1 Euro or RM4.8 at the time was then resold to BMW and Harley Davidson for a total of RM800 million! <\/p>\n<p>As Dr Mahathir rightly points out, Proton\u2019s downfall is caused by nothing less than \u201cbad management\u201d. <\/p>\n<p>Therefore, DAP calls for a Royal Commission of inquiry into the mismanagement of Proton and the billions of ringgit in losses suffered over the years, especially the RM3.4 billion losses in cash reserves. This is a very serious matter considering that Proton is our national carmaker. <\/p>\n<p>The inquiry should determine whether the Government should cut losses by cashing out immediately and winding up Proton, or risk losing more money as in the MV Augusta deal. This is an important decision that must be studied by the inquiry as the Malaysian public does not want Proton to end up as a sacred cash cow that continues to chew cash. <\/p>\n<p>The inquiry should also look into whether Khazanah Nasional, the Malaysian government\u2019s investment arm, received a good price over the recent deal in which it divested its 42.7% stake in Proton to DRB-Hicom Bhd. Khazanah sold their stake for RM1.3 billion or RM5.50 per share, which is half of Proton\u2019s book value of RM9.81 per share and a write-down compared to the RM8 per share that they had originally paid. Once again, it appears to be another example of a Government deal gone sour at the taxpayer\u2019s expense.<\/p>\n<p>One of the key persons involved in building up Proton\u2019s cash position to RM4 billion is Tengku Tan Sri Mahaleel Ariff\u2019s. As such, we propose that Tengku Tan Sri Mahaleel Ariff\u2019s should be a member of the inquiry panel as he will understand the issues best.<\/p>\n<p>The inquiry must then suggest the appropriate action to be taken against those responsible for the staggering losses incurred and the recommended steps to prevent such future losses, especially when it involves public funds.<\/p>\n<p>&#8211;BM Translation &#8212;<\/p>\n<p>Kenyataan Akhbar Setiausaha Agung DAP dan Ahli Parlimen Bagan Lim Guan Eng di Kuala Lumpur pada 8.2.2012 <\/p>\n<p><strong>Kerajaan BN Mesti Menubuhkan Suruhanjaya Siasatan DiRaja Untuk Menyiasat Dakwaan Tun Dr Mahathir Terhadap Kerugian RM3.4 Bilion Yang Dialami Proton Disebabkan Oleh Pengurusan Yang Lemah.<br \/>\n<\/strong><\/p>\n<p>Semalam akhbar New Straits Times melaporkan mantan Perdana Menteri Tun Dr Mahathir Mohamad telah berkata bahawa Proton Holdings telah kehilangan sejumlah besar simpanan tunainya dari nilai RM4 Bilion ke jumlah yang begitu rendah sebanyak RM600 juta untuk menampung kerugian syarikat.<\/p>\n<p>Menurut Dr Mahathir, pembuat kereta nasional, Proton telah mengumpul RM4 Bilion sepanjang tempoh khidmat Tengku Tan Sri Mahaleel Ariff sebagai CEO, tetapi jumlah tersebut telah menyusut ke paras RM600 juta sewaktu perkhidmatan penggantinya Datuk Mohammed Azlan Hashim.<\/p>\n<p>Dr Mahathir juga menambah bahawa kerugian yang dialami juga disebabkan oleh penjualan MV Augusta kepada sebuah syarikat yang tidak dikenali bernama Gevi SpA pada tahun 2006 dengan harga 1 Euro, sungguhpun Proton telah membelanjakan lebih RM300juta untuk pegangan sebanyak 57%. Berikutan penjualan MV Augusta oleh Proton, BMW telah membayar 93 juta Euro atau RM446 juta pada waktu yang sama untuk pegangan satu pertiga dari MV Augusta. Harley Davidson pula membeli baki pegangan MV Augusta untuk USD109 juta atau RM 360 juta pada waktu itu. Dalam kata lain, syarikat yang dijual oleh Proton pada harga 1 Euro atau RM4.80, telah dijual semula kepada BMW dan Harley Davidson pada harga berjumlah RM800 juta.<\/p>\n<p>Seperti yang dikatakan oleh Dr Mahathir, kejatuhan Proton adalah disebabkan pengurusan yang lemah.<\/p>\n<p>Oleh yang demikian DAP menyeru supaya satu Suruhanjaya Siasatan DiRaja dibentuk untuk menyiasat salah-urus Proton dan kerugian berbilion ringgit yang dialami sepanjang waktu ini, terutamanya kerugian berjumlah RM3.4 bilion dalam bentuk simpanan tunai. Ini adalah satu perkara serius, memandangkan Proton adalah pembuat kereta nasional.<\/p>\n<p>Siasatan haruslah menentukan sama ada kerajaan boleh mengurangkan kerugian dengan menggulung syarikat Proton secepat mungkin, atau mengambil risiko kerugian yang lebih besar seperti yang terjadi dalam perjanjian MV Augusta. Ini adalah satu keputusan yang sangat penting yang mesti dikaji dalam siasatan tersebut kerana rakyat Malaysia pastinya tidak mahu Proton terus kerugian.<\/p>\n<p>Siasatan juga mesti melihat sama ada Khazanah Nasional, badan pelaburan kerajaan Malaysia, mendapat harga yang baik apabila ia menjual pegangan 42.7% dalam Proton kepada DRB-Hicom Bhd. Khazanah telah menjual pegangannya pada harga RM1.3 bilion atau RM5.50 satu saham, iaitu separuh daripada nilai &#8216;book value&#8217; Proton iaitu RM9.81 satu saham dan juga nilai asal yang dibayarnya iairu RM8 satu saham. Sekali lagi, ini adalah satu contoh pengendalian buruk kerajaan yang mengakibatkan kerugian kepada pembayar cukai.<\/p>\n<p>Salah seorang individu yang bertanggungjawab membina simpanan tunai Proton sehingga berjumlah RM4 Bilion ialah Tengku Tan Sri Mahaleel Ariff. Oleh yang demikian, kami mencadangkan supaya Tengku Tan Sri Mahaleel Ariff menjadi salah seorang ahli panel siasatan memandangkan beliau lebih memahami isu tersebut.<\/p>\n<p>Siasatan itu akhirnya mestilah mencadangkan langkah-langkah yang perlu diambil terhadap mereka yang bertanggungjawab untuk kerugian yang begitu besar, dan langkah-langkah untuk membendung kerugian pada masa akan datang, terutamanya apabila membabitkan dana awam.<\/p>\n<p>LIM GUAN ENG<\/p>\n<p>&#8211;Mandarin Translation&#8211;<br \/>\n\u6c11\u4e3b\u884c\u52a8\u515a\u79d8\u4e66\u957f\u517c\u5cc7\u773c\u533a\u56fd\u4f1a\u8bae\u5458\u6797\u51a0\u82f1\u4e8e2012\u5e742\u67088\u65e5\u5728\u5409\u9686\u5761\u53d1\u8868\u58f0\u660e\uff1a<\/p>\n<p><strong>\u56fd\u9635\u653f\u5e9c\u4e00\u5b9a\u8981\u6210\u7acb\u7687\u5bb6\u8c03\u67e5\u59d4\u5458\u4f1a\uff0c\u9488\u5bf9\u6566\u9a6c\u54c8\u8fea\u533b\u751f\u6240\u6307\uff0c\u7531\u4e8e\u201c\u7ba1\u7406\u4e0d\u5584\u201d\uff0c\u56fd\u5bb6\u6c7d\u8f66\u5236\u9020\u5546\u666e\u817e\u635f\u5931\u4e8634\u4ebf\u4ee4\u5409\u7684\u50a8\u5907\u73b0\u91d1\u3002<\/strong><\/p>\n<p>\u6628\u5929\uff0c\u300a\u65b0\u6d77\u5ce1\u65f6\u62a5\u300b\u62a5\u9053\u4e86\u9996\u76f8\u6566\u9a6c\u54c8\u8fea\u533b\u751f\u7684\u8c08\u8bdd\uff0c\u4ed6\u8bf4\uff0c\u666e\u817e\u63a7\u80a1\u6709\u9650\u516c\u53f8\u7684\u73b0\u91d1\u50a8\u5907\u5df2\u7ecf\u4ece40\u4ebf\u4ee4\u5409\uff0c\u51cf\u5c11\u81f36\u4ebf\u4ee4\u5409\uff0c\u4ee5\u534f\u52a9\u516c\u53f8\u51cf\u5c11\u635f\u5931\u3002<\/p>\n<p>\u6839\u636e\u9a6c\u54c8\u8fea\u533b\u751f\u6307\u51fa\uff0c\u666e\u817e\u81ea\u4e1c\u59d1\u4e39\u65af\u91cc\u9a6c\u54c8\u91cc\u62c5\u4efb\u603b\u6267\u884c\u957f\u5f00\u59cb\uff0c\u5df2\u7ecf\u7d2f\u79ef\u4e8640\u4ebf\u4ee4\u5409\uff0c\u4f46\u662f\u4ed6\u7684\u73b0\u91d1\u50a8\u5907\u5728\u62ff\u7763\u83ab\u54c8\u672b\u963f\u5179\u5170\u63a5\u624b\u540e\uff0c\u5df2\u7ecf\u8dcc\u81f36\u4ebf\u4ee4\u5409\u3002<\/p>\n<p>\u9a6c\u54c8\u8fea\u533b\u751f\u4e5f\u8bf4\uff0c\u4e0a\u8ff0\u4e8f\u635f\u90e8\u5206\u539f\u56e0\u662f\u7531\u4e8e\u666e\u817e\u4e8e2006\u5e74\u5c06MV Augusta \u4ee51\u6b27\u5143\u8131\u552e\u7ed9Gevi SpA\uff0c\u867d\u7136\u5f53\u65f6\u666e\u817e\u4e3a57%\u7684\u80a1\u6743\u652f\u4ed8\u4e86\u8d85\u8fc73\u4ebf\u4ee4\u5409\u3002\u7ed3\u679c\uff0c\u5728\u666e\u817e\u51fa\u552e\u4e86MV Augusta \u540e\uff0c\u5b9d\u9a6c\u4ee59300\u4e07\u6b27\u5143\u62164\u4ebf4600\u4e07\u4ee4\u5409\u8d2d\u4e70\u4e86\u4e09\u5206\u4e4b\u4e00\u7684MV Augusta \u80a1\u6743\u3002\u968f\u540e\uff0c\u54c8\u91cc\u5927\u536b\u900a\u4ee51\u4ebf900\u4e07\u7f8e\u5143\u62163\u4ebf6000\u4e07\u4ee4\u5409\u8d2d\u4e70\u4e86MV Augusta \u5176\u4f59\u7684\u80a1\u6743\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u666e\u817e\u4ee51\u6b27\u5143\u62164\u4ee4\u540980\u4ed9\u8131\u552e\u7684\u516c\u53f8\uff0c\u4e4b\u540e\u518d\u4ee58\u4ebf\u4ee4\u5409\u8f6c\u5356\u7ed9\u5b9d\u9a6c\u53ca\u54c8\u91cc\u5927\u536b\u900a\uff01<\/p>\n<p>\u6b63\u5982\u9a6c\u54c8\u8fea\u6307\u51fa\u7684\uff0c\u666e\u817e\u7684\u6ca1\u843d\u662f\u7531\u4e8e\u201c\u7ba1\u7406\u4e0d\u5584\u201d\u6240\u5bfc\u81f4\u7684\u3002<\/p>\n<p>\u6709\u9274\u4e8e\u6b64\uff0c\u884c\u52a8\u515a\u4fc3\u8bf7\u7687\u59d4\u4f1a\u4ecb\u5165\u8c03\u67e5\u666e\u817e\u7684\u7ba1\u7406\u4e0d\u5f53\u95ee\u9898\uff0c\u4ee5\u53ca\u8fc7\u53bb\u51e0\u5341\u5e74\u635f\u5931\u7684\u51e0\u5341\u4ebf\u4ee4\u5409\uff0c\u7279\u522b\u662f34\u4ebf\u4ee4\u5409\u7684\u73b0\u91d1\u50a8\u5907\u3002\u7531\u4e8e\u666e\u817e\u662f\u6211\u56fd\u56fd\u5bb6\u6c7d\u8f66\u5236\u9020\u5546\uff0c\u8fd9\u662f\u975e\u5e38\u4e25\u91cd\u7684\u4e8b\u60c5\u3002<\/p>\n<p>\u7687\u59d4\u4f1a\u5e94\u8be5\u8981\u51b3\u5b9a\u653f\u5e9c\u662f\u5426\u8981\u9a6c\u4e0a\u5c06\u666e\u817e\u5151\u73b0\u3001\u7ed3\u675f\u7ecf\u8425\uff0c\u8fd8\u662f\u7ee7\u7eed\u8ba9\u666e\u817e\u50cf\u5728MV Augusta\u7684\u4ea4\u6613\u51fa\u7ee7\u7eed\u4e8f\u635f\u3002\u8fd9\u662f\u91cd\u8981\u7684\u51b3\u5b9a\uff0c\u5fc5\u987b\u7531\u7687\u59d4\u4f1a\u6765\u505a\u51b3\u5b9a\uff0c\u56e0\u4e3a\u9a6c\u6765\u897f\u4e9a\u4eba\u6c11\u4e0d\u8981\u666e\u817e\u53d8\u6210\u522b\u4eba\u7684\u6447\u94b1\u6811\uff0c\u7ee7\u7eed\u4e8f\u94b1\u3002<\/p>\n<p>\u7687\u59d4\u4f1a\u5e94\u8be5\u8981\u7814\u7a76\uff0c\u9a6c\u6765\u897f\u4e9a\u7684\u6295\u8d44\u81c2\u8180\u56fd\u5e93\u63a7\u80a1\u662f\u5426\u5728\u6700\u8fd1\u8131\u552e\u666e\u817e42.7%\u7684\u80a1\u6743\u7ed9DRB Hicm\u6709\u9650\u516c\u53f8\u7684\u4ea4\u6613\u4e2d\uff0c\u5f97\u5230\u597d\u7684\u8131\u552e\u4ef7\u3002\u56fd\u5e93\u63a7\u80a1\u4ee5\u6bcf\u80a15\u4ee4\u540950\u4ed9\u6216\u603b\u657013\u4ebf\u4ee4\u5409\u51fa\u552e\u80a1\u6743\uff0c\u8fd9\u662f\u666e\u817e\u8d26\u9762\u4ef7\u503c\uff08\u6bcf\u80a19\u4ee4\u540981\u4ed9\uff09\u7684\u4e00\u534a\uff0c\u6bd4\u8d77\u4ed6\u4eec\u539f\u672c\u4ee5\u6bcf\u80a18\u4ee4\u5409\u8d2d\u4e70\u666e\u817e\u80a1\u6743\u65f6\uff0c\u4e5f\u662f\u8d2c\u503c\u7684\u4ea4\u6613\u3002<\/p>\n<p>\u5f88\u660e\u663e\u5730\uff0c\u8fd9\u53c8\u662f\u53e6\u4e00\u5b97\u653f\u5e9c\u727a\u7272\u7eb3\u7a0e\u4eba\u91d1\u94b1\u7684\u4ea4\u6613\u3002<\/p>\n<p>\u4e1c\u59d1\u4e39\u65af\u91cc\u9a6c\u54c8\u91cc\u662f\u5176\u4e2d\u4e00\u4e2a\u5c06\u666e\u817e\u73b0\u91d1\u50a8\u5907\u589e\u52a0\u81f340\u4ebf\u4ee4\u5409\u7684\u5173\u952e\u4eba\u7269\u3002\u56e0\u6b64\uff0c\u6211\u4eec\u5efa\u8bae\u4ed6\u5e94\u8be5\u53d7\u59d4\u4e3a\u7687\u59d4\u4f1a\u7684\u6210\u5458\u4e4b\u4e00\uff0c\u56e0\u4e3a\u4ed6\u6700\u6e05\u695a\u5f53\u4e2d\u7684\u95ee\u9898\u3002<\/p>\n<p>\u8fd9\u4e2a\u7687\u59d4\u4f1a\u4e5f\u5e94\u8be5\u5efa\u8bae\u8981\u91c7\u53d6\u4ec0\u4e48\u884c\u52a8\uff0c\u5bf9\u4ed8\u90a3\u4e9b\u5bfc\u81f4\u5de8\u989d\u4e8f\u635f\u7684\u4eba\u58eb\uff0c\u4ee5\u53ca\u5982\u4f55\u9884\u9632\u8fd9\u79cd\u4e8b\u60c5\u518d\u6b21\u53d1\u751f\uff0c\u5c24\u5176\u8fd9\u6d89\u53ca\u516c\u4f17\u6b3e\u9879\u3002<\/p>\n<p>\u6797\u51a0\u82f1<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Press Statement By DAP Secretary-General And MP For Bagan Lim Guan Eng In Kuala Lumpur On 8.2.2012 The BN Government Must Conduct A Royal Commission Of Inquiry Into Tun Dr Mahathir Mohamed Allegations RM3.4 Billion Losses In Cash Reserves Suffered By National Carmaker Proton Caused By \u201cBad Management\u201d. Yesterday, the New Straits Times reported former &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/limguaneng.com\/index.php\/2012\/02\/08\/the-bn-government-must-conduct-a-royal-commission-of-inquiry-into-tun-dr-mahathir-mohamed-allegations-rm3-4-billion-losses-in-cash-reserves-suffered-by-national-carmaker-proton-caused-by-%e2%80%9cbad\/\"> <span class=\"screen-reader-text\">The BN Government Must Conduct A Royal Commission Of Inquiry Into Tun Dr Mahathir Mohamed Allegations RM3.4 Billion Losses In Cash Reserves Suffered By National Carmaker Proton Caused By \u201cBad Management\u201d(en\/bm\/cn)<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[8],"tags":[],"_links":{"self":[{"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/posts\/2018"}],"collection":[{"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/comments?post=2018"}],"version-history":[{"count":1,"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/posts\/2018\/revisions"}],"predecessor-version":[{"id":2019,"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/posts\/2018\/revisions\/2019"}],"wp:attachment":[{"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/media?parent=2018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/categories?post=2018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/limguaneng.com\/index.php\/wp-json\/wp\/v2\/tags?post=2018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}