The government has been urged to cancel all dealings with Chinese-owned firm CAA Resources within the country after the company’s executive director admitted in a New York Times article to corrupt business practices in Malaysia.

DAP’s Petaling Jaya Utara MP Tony Pua said in a press conference at the Parliament lobby today that the federal, Pahang and Terengganu state governments must cancel all approvals given to the company and also its subsidiaries for “bringing disrepute” to Malaysia.

CAA’s Yi Liang, in the interview , had confessed to buying Datuk titles for politicians in return for favours.

“The respective government must demonstrate their resolve that Malaysia do not tolerate any form of corruption, what more from a company which blatantly flaunts and publicises its corrupt activities in the media,” he said.

He also said that the government must demonstrate that the country is not an “available for sale banana republic”.

He said that the admission by the company director was “sufficient justification” to terminate any approvals and mining permits for the company.

“CAA Resources commenced its mining operations in December 2010 at the 1,359 sq km Bukit Ibam Iron Ore Mine in Pahang. In 2013, the company purchased the rights to prospect and mine in Terengganu as well,” he said.

Rather than an embarrassment, Pua said that the admission was a “direct admission” of corrupt activities in Malaysia, and urged authorities to prove that it did not welcome “corrupt businessmen” into the country.

Related stories

Jagdeep slams 'empty vow' over PR1MA housing

DAP shocked teacher growth budget slashed

Ahmad, don't make 1MDB promise you can't keep

Stop protecting oil firm profits, Rafizi tells KJ

PKR slams Putrajaya's RM876mil 'bailout

Think tank: Correct flaws in 1BestariNet

Terengganu denies China company mining iron ore

PM should use Parliament instead of the court