Trader: I lost RM10m via AP system

ALOR STAR: A businessman claimed he lost more than RM10mil due to a “loophole” in awarding the approved permit (AP). 

Khairuddin Mohd Khir, 49, said he received about 10 APs a month in the 1980s but failed to secure any over the past 15 years. 

He said that in 1990, to comply with the requirements set by the Ministry of International Trade and Industry (Miti), he joined a consortium of car dealers. 

“The consortium collapsed and Miti did not advise me on what I should do next. 

“But certain companies were given several chances to form second and third consortiums.  

“As a result, I have not obtained any AP since 1990,” Khairuddin said. 

“I am a victim of a loophole in the AP awarding system. I did not run an Ali Baba company,” he added.  

Khairuddin hoped that the Cabinet, which is expected to discuss the AP issue tomorrow, would be able to find ways to check the discrepancies in the AP awarding system. 

Khairuddin, who has nine children aged between two and 21, said it was in 1995 that he found out through media reports that a company like his, which was competitive and active until 1989, had the right to receive the APs.  

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