Petaling Jaya Utara MP Tony Pua said there was no need to meet with Domestic Trade, Cooperatives and Consumerism Minister Ismail Sabri Yaakob as he has already failed in his duty to act against errant companies.

NONE Pua ( right ) said this in responding to Ismail Sabri calling him a coward for not meeting up first before submitting the motion in Parliament to cut the minister's salary.

He quipped that BN ministers could only “stoop to calling names when Pakatan Rakyat exposes their failures to carry out their responsibilities competently”.

“All the minister needs to do, really, is to charge and prosecute all companies, including all the cited Umno-linked companies, without fear or favour.

“Otherwise, Ismail Sabri has clearly abused his powers by selectively prosecuting Suara Inisiatif Sdn Bhd (Suaram) to serve Barisan Nasional’s political agenda,“ Pua said in a statement.

Pua filed a motion in Parliament two days ago for RM10 to be deducted from the salary of Ismail for abuse of power in using the Companies Commission of Malaysia (CCM) to investigate Suara Inisiatif.

He said his motion was justified as the Companies Commission of Malaysia’s (CCM) persistence against Suaram was disproportionate to CCM’s inaction against numerous other companies.

'Ismail silent on action'

Pua said Ismail Sabri ( below ) had not answered in Parliament if he intended to act against errant companies such as those linked to Umno MPs Khairy Jamaluddin and Abdul Rahman Dahlan, or to the family members of former minister Shahrizat Abdul Jalil.

NONE “Even when pressed by MP for Lembah Pantai, Nurul Izzah Anwar in Parliament yesterday during the winding up of the policy stage debate on the Budget, the minister had dithered on whether concrete action will be taken against the directors of these companies that flouted the law,” Pua said.

He pointed out the Auditor-General's Report 2011 cited CCM’s low prosecution rate of 1.5 percent out of a total of RM554.94 million worth of uncollected compounds in Kuala Lumpur for companies that had failed to file their accounts according to the law.

According to Pua, YGP Holdings Sdn Bhd, in which Khairy and Abdul Rahman are directors, had not filed its audited accounts since Dec 31, 2006, but no action has been taken against it.

NONE Further, some of the related companies of National Feedlot Corporation Sdn Bhd, owned by Shahrizat’s husband and children, have yet to file their annual reports since June 30, 2007.

Pua added: “However, (Ismail Sabri) had the cheek to tell the media, ‘if he (Pua) is not a lawyer, perhaps I can help him to understand the Companies Act 1965'.

 

“The Companies Act requirement for financial accounts and annual returns to be submitted annually is understood by all in Malaysia and do not require any ‘lessons’ from the minister.

“These offences have clearly breached Section 169A of the Companies Act, which carries the penalty of five years in prison and/or a fine of RM30,000.”

From French subs to French subpoenas