Guan Eng criticised for allegedly going against promise not to use rakyat's money in third national car project

  • Nation
  • Friday, 09 Aug 2019

PETALING JAYA: MCA has criticised DAP secretary-general Lim Guan Eng for allegedly going against his promise not to use the rakyat's money for the third national car project.

Its president Datuk Seri Dr Wee Ka Siong said that Cyberjaya company DreamEDGE Sdn Bhd, which was awarded the third national car project, only had a paid up capital of RM12.4mil, and it recorded a profit of only RM20mil and suffered losses last year.

"Billions are needed (for the third car project). And DreamEDGE obviously does not have the financial strength to make such large investment.

"The company certainly needs a large injection of funds. And I am certain the funds would come from the biggest shareholder - the Pakatan Harapan Government, " he said in a Facebook post on Friday (Aug 9).

Dr Wee added a screenshot of a Companies Commission of Malaysia (SSM) document with his post that showed the biggest shareholder of DreamEDGE was Syarikat Venturetech Sdn Bhd

He also uploaded another screenshot of an SSM document with his post showing that Venturetech is fully owned by the Malaysian Industry-Government Group for High Technology (MIGHT), which is 100% owned by the government.

He said this in response to International Trade and Industry Minister Datuk Darell Leiking's announcement earlier Friday that DreamEDGE was selected as the anchor company to handle the car project.

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