Wee sheds more light on RM15mil grant to Kojadi

  • Nation
  • Sunday, 14 Jul 2019

PETALING JAYA: MCA president Datuk Seri Dr Wee Ka Siong has further clarified the events surrounding the RM15mil grant given to Koperasi Jayadiri Sdn Bhd (Kojadi) by Yayasan 1MDB.

Listing a chronology, he stated that in August 2012, Kojadi had informed the Co-operatives Com­mission (SKM) of the RM15mil grant to implement a micro-credit scheme for the youth.

Later that month, SKM told Kojadi that it had no issues concerning the grant, he said.

“A few days after Pakatan Hara­pan won the general election (on May 18), the Inland Revenue Board (IRB) issued a letter for Kojadi to pay taxes, including penalties and fines on the RM15mil grant received from Yayasan 1MDB in 2012.

“The total amount to be paid was RM1,031,606.44.

“The Kojadi board of directors complied with IRB’s instruction and paid off the sum (on June 11),” he said in a Facebook posting yesterday.Dr Wee said in December 2018, Kojadi failed to get the RM50mil allocation for Budget 2019, with the reason given that Kojadi and MCA were not separate organisations.

“It is true that Kojadi was founded by MCA, but not all in the party are members of the co-operative.

“A person has to contribute to Kojadi to be eligible for membership. Now, the co-operative is rated five stars and has about 60,000 members from different races. How can it only be for MCA members?” he said.

He said on Dec 26, 2018, Kojadi chairman Datuk Ng Peng Hay wrote a letter to Malaysian Anti-Cor­rup­tion Commission (MACC) chief commissioner regarding the grant, asking for advice.

“I was informed by Ng that he acted in line with what was agreed with the Kojadi board of directors, who took their own initiative to write to Datuk Seri Mohd Shukri Abdull,” he added.

Dr Wee questioned why Ng had sent a copy of a letter that he wrote to the MACC to Finance Minister Lim Guan Eng as well.

“Yayasan 1MDB is under the Domestic Trade, Cooperatives and Consumerism Ministry whereas the SKM is under the Entre­preneur Development Ministry.

“What has this got to do with the Finance Ministry?” he asked.

Dr Wee said MACC replied to Kojadi’s letter on Jan 30 this year.

The MACC, he added, told Kojadi that the 1Malaysia Development Board (1MDB) case was still under investigation and had said nothing of Yayasan 1MDB.

“The letter also stated that the MACC would inform Kojadi if it needed further assistance or cooperation.

“So, what is wrong if Kojadi acts according to the rule of law?

“Fourteen board members have clarified that what was decided in a meeting on June 27, 2019, was to follow up the matter in writing with MACC, not to return the funds to them without referring to lawyers and the leadership,” he added.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 7
Cxense type: free
User access status: 3

Across The Star Online