Dr Wee says Finance Ministry's answer did not tally with DAP story

  • Nation
  • Friday, 15 Mar 2019

PETALING JAYA: The DAP said Finance Minister Lim Guan Eng was stripped of his accounting licence after being sentenced to prison but MCA said the government did not show any record on this.

MCA president Datuk Seri Dr Wee Ka Siong (pic), who is also Ayer Hitam MP, said this was based on the Finance Ministry's answer to his question in the Dewan Rakyat on March 12.

The Finance Ministry, said Dr Wee, revealed that only one Malaysian Institute of Accountants (MIA) member was stripped of his licence and that the individual was an Indian man.

He said the Finance Ministry gave him the answer based on his question in the Dewan Rakyat on March 12. 

Previous reports by a Chinese daily and DAP's own Rocket publication said Lim was stripped of his accountancy licence after being sentenced to prison, Dr Wee said.

"Looking at the answer from the Finance Ministry, only one individual has been stripped of his membership and that individual was an Indian.

"So is it true then that Lim was jailed and stripped of his accountancy credentials?" he said in a posting on his social media account Friday.

Lim's accounting credentials came under scrutiny after the credentials of several Pakatan Harapan leaders were allegedly found to be fake.

Previously, Lim’s biodata on limguaneng.com stated he graduated from Monash University, Australia, with a Bachelor of Economics and was a qualified professional accountant by 1983.

However, in a Facebook post on Feb 12, Dr Wee, referring to documents released by Lim’s political secretary Tony Pua, pointed out that Lim’s membership into the Australian Society of Accountants on Feb 21, 1984, merely stated that he was admitted as a provisional member.

The Australian Society of Accountants is now known as the CPA Australia (Certified Practising Accountants).

To obtain a CPA license, aspiring individuals with a Bachelor’s degree in accounting need a year of supervised experience under a CPA holder to take the CPA exam.  

A provisional membership, Dr Wee said, was one of the steps required to enrol into programme modules and examinations in order to qualify as an accountant, and to qualify for full membership into the Australian Society of Accountants.

Therefore, a provisional membership is far from being a fully certified chartered accountant or even an accountant, said Dr Wee.

In Malaysia, individuals aspiring to register as a chartered accountant under the Malaysian Institute of Accountants require no less than three years of approved working experience.