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Loke accuses PAC chief of having political agenda in MAHB probe
Free Malaysia Today
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2/5/2025
Transport minister Loke Siew Fook says MAHB’s share transactions have nothing to do with his ministry.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/02/05/loke-accuses-pac-chief-of-having-political-agenda-in-mahb-probe/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/02/05/loke-dakwa-ketua-pac-ada-agenda-politik-dalam-siasatan-mahb/
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Transcript
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00:00
Transport Minister Lok Siu Fook today asked if Public Accounts Committee Chairman Mas Emriyati
00:07
Samsuddin had ulterior motives in suggesting that he could be summoned to testify on allegations
00:14
regarding a RM500 million loss in the Malaysia Airport's Holdings Berhad privatisation deal.
00:20
Lok, the DAP Secretary-General, asked if Mas Emriyati's remarks were politically motivated
00:26
and said the Bersatu Wanita Chief appeared to be attempting to create a negative perception of him.
00:32
He also asked why the Transport Ministry was being linked to the issue,
00:36
saying MAHB's transactions had nothing to do with his ministry as it was a listed company.
00:56
He was confused. I don't know if he didn't understand or didn't want to understand.
01:00
So, if you want to ask for an explanation, ask the EPF.
01:04
The PSC Chairman, he tried to link this issue to the public accounts committee.
01:10
I don't know if there is a political agenda or not.
01:12
Coincidentally, the Minister of Transport is from the DAP.
01:15
So, he wants to blame the DAP. Whatever the DAP's fault.
01:20
Last Tuesday, the Gateway Development Alliance Consortium comprising EPF,
01:24
Kazana Nasional Berhad-backed UEM Group Berhad, Abu Dhabi Investment Authority,
01:30
and BlackRock-owned Global Infrastructure Partners
01:33
succeeded in getting enough shares to delist and take MAHB private.
01:38
Before the deal was sealed, its critics claimed that EPF had lost RM500 million in stock trading
01:44
from buying back MAHB shares at higher prices after selling them at lower rates.
01:50
On February 1st, Mas Emriyati said the relevant people, including Lok,
01:54
would be called to testify in stages,
01:57
with proceedings set to begin in the second week of this month.
02:01
Pan Yujo, FMT News.
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