Monday, August 17, 2009

Outsyed The Box: Keep your money, MCA has RM2B in assets

KUALA LUMPUR: There is no sign of the purported RM10mil “loaned” by Kuala Dimensi Sdn Bhd CEO Datuk Seri Tiong King Sing in the MCA coffers, treasurer-general Tan Sri Tee Hock Seng said.

“I do not see any donation from outsiders. There is no proof of the RM10mil donation,” he said. Tee said all donations to MCA must be accounted for.

Tee became the treasurer-general after the party election last October, taking over from Tan Sri Lau Yin Pin.

“The whole year’s budget for the party must go through the presidential council,” he said.

On the sources of the party’s income, Tee said it received revenue from the rental of Wisma MCA and Megan Avenue buildings.

“We have assets of RM2bil and do not need donations,” said Tee during a press conference after attending the special briefing chaired by president Datuk Seri Ong Tee Keat at Wisma MCA yesterday.

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