Former bungalow owner Phang quizzed over SD


  • Nation
  • Saturday, 02 Apr 2016

GEORGE TOWN: Businesswoman Phang Li Koon (pic), who sold her bungalow to Chief Minister Lim Guan Eng, spent four hours being questioned by police over her statutory declaration (SD) on the sale.

She was driven directly into the compound of George Town District police headquarters at 9.30am yesterday in a black Volkswagen sedan with two men, one believed to be her lawyer.

Police have so far received more than 10 reports from the public claiming that Phang’s SD contained several inaccurate information.

At 1.05pm, a man came out of the building to get the car and then picked up Phang, 39, and the other man at the other side of the building. They left without speaking to reporters.

Phang had sold her bungalow in Pinhorn Road to Lim at RM2.8mil last year while the stamp duty valuation of the property was RM4.23mil.

On Thursday, state police chief Comm Datuk Abdul Ghafar Rajab said investigators have called the businesswomen for her statement to be recorded.

Comm Abdul Ghafar said that besides Phang, police had also called in four others, including the Commissioner for Oaths who prepared the SD.

On March 22, Phang’s SD was read out by state executive councillor Phee Boon Poh who said he was a distant relative of Phang and adviser to the Phang Clan Association.

In the declaration, Phang said she did not survey the market value of the bungalow when she sold it to Lim as she did not think it was necessary.

She also said that she had no business relationship with the state government.

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