KUALA TERENGGANU: The Monsoon Cup sailing event, which was embroiled in a controversy over alleged mismanagement of funds, will gone on this year at Pulau Duyong here after the state Anti-Corruption Agency (ACA) recently cleared the organiser from any malpractice.
Terengganu Mentri Besar Ahmad Said made the announcement Monday when confirming the event will be held from Dec 3-7.
“We will see the same degree of participation as with previous years,” he said after chairing a meeting on the event with organiser T-Best Event Sdn Bhd. Also there were T-Best chairman Datuk Wan Hisham Wan Salleh and Monsoon Cup adviser Datuk Peter Gilmour.
Ahmad said the state government will render all necessary cooperation to make the event successful, and added that this year’s event would see more active participation from the people of Terengganu.
“Before this, locals were only spectators, but now we will work together with the organiser to incorporate more activities for the rakyat (people),” he said, adding that the funding for the event comes from the Federal Government.
The Monsoon Cup was inaugurated in 2005 and made its debut in Terengganu as the 50th official event of the Swedish Match Tour.
The international sailing event invites the world’s best match-race regattas to compete here.
The 2006 Monsoon Cup offered the highest prize money in the world (RM1mil) for a match-racing event, thanks to the sponsorship of Richard Mille of Richard Mille Watches.