'I did not take RM3.5 mil from MIED'

MIC Youth leader T Mohan today dismissed claims that he received RM3.5 million from MIC's education arm, Maju Institute for Education Development (MIED) to his company, Suria Setia Capital Berhad.

Mohan said it is an attempt to discredit him from obtaining a post as senator.

He added that if he was guilty he would quit his party position.

"I'm prepared to resign and make a public apology if I am guilty. Would KP Samy do the same?" Mohan ( right ) countered in a press statement issued today.

He was commenting on the allegations of him taking the money and appointing MIED's former chief executive officer, P Chithirakala as the director in his company after the money was transferred two years ago.

A source within top MIC leadership said that Mohan has been tipped to be as a senatorial candidate following a vacancy in March after P Loga Chitra's term ended.

Mohan also mentioned that the police and the Malaysian Anti-Corruption Commission had cleared him off any wrongdoing.

The party's central working committee member KP Samy claimed yesterday at a press conference in Kuala Lumpur that Mohan had cheated the MIC and the Indian community of RM3.5 million.

"I dare him to sue me in court over this matter. He claimed that he was not aware of the transfer. How can he be not aware when the banks definitely knew about it?" said Samy.

During the press conference Samy ( left ) substantiated his claims with photocopied documents from the Companies Commission and remittance application form from a local bank.

Documents indicate that a total of RM3.5 million was transferred from MIED's account to Suria Setia Capital Berhad, of which Mohan is the director, on 12 August 2008.

The Companies' Commission document indicated that Chithirakala and her husband, K Vasu were also made directors of Suria Setia two days after the amount was transferred.

During the party's CWC meeting on Thursday, Samy had a heated argument with Mohan over this matter.

Mohan chided him as 'childish' as he claimed to have explained the issue to the party leadership.