Miti to clarify 38 new APs claim today

  • Auto
  • Tuesday, 12 Mar 2019

Ong(pic) said Miti

PETALING JAYA: The International Trade and Industry Ministry (Miti) is expected to issue a statement today to clarify allegations that the government has given the green light for 38 new approved permit (AP) holders.

This followed a revelation by a motoring portal which alleged that the new AP holders have started talking to established AP holders to “buy” their APs.

According to (Drive Safe & Fast), a long-established AP holder confirmed the matter.

“Yes, the new government has granted 38 new car importers the ‘right’ to make ‘easy’ money. From what we have found out, most of the new 38 AP holders have already started talking to established AP holders to ‘buy’ their APs as they are not in the car business and instead just want a fee of RM18,000 to RM22,000 for each AP.

“The twist in this whole scenario is that the established long-time AP holders have had their regular yearly AP quotas reduced to accommodate the new AP holders,” the article read.

DS&F said this meant that the total number of APs circulating remained the same, but the AP wealth is not spread evenly with 38 new players in the scene, who are mostly selling their APs and in the import business.

According to the data on Miti’s website, a total of 72,060 APs were issued for passenger cars last year - 28,316 open APs and 43,744 franchise APs. This is a 40% increase compared to the 51,609 issued in 2017, broken down to 21,947 open and 29,662 franchise. There were also 6,289 motorcycle APs issued - 2,297 open and 3,992 franchise - last year compared to 9,980 the previous year.

Deputy Miti Minister Ong Kian Ming did not confirm nor deny the matter, and only said that a “statement will be issued by Miti later this week”.

Ong had said in a radio interview in November last year that the government had no plans to abolish the open AP system, and that the policy would be reviewed to ensure that it is not abused by those wanting to make fast money by selling the APs to another person at an inflated price.

Prime Minister Tun Dr Mahathir Mohamad had said in September last year that the government would cancel contracts and APs offered to bumiputras if they were sold to others. He said the government hoped that the bumiputras would make full use of the contracts and APs given to uplift their status, and not to sell them.

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