Penang forms committee to monitor Chief Minister Inc
A committee will be set up to monitor the activities of the state government-linked Chief Minister Incorporated (CMI).
As Chief Minister Chow Kon Yeow told a press conference today, the plan was hatched about two months ago, with the proposal already sent to the Penang executive council for approval...
A committee will be set up to monitor the activities of the state government-linked Chief Minister Incorporated (CMI).
As Chief Minister Chow Kon Yeow told a press conference today, the plan was hatched about two months ago, with the proposal already sent to the Penang executive council for approval.
"The state executive council has accepted my proposal that a monitoring committee be set up comprising me, the two deputy chief ministers Ahmad Zakiyuddin Abdul Rahman and P Ramasamy, state secretary Farizan Darus and state financial officer Sarul Bahiyah Abu," he said.
"This happened two months ago, it is not a board but a committee to monitor and approve projects undertaken by CMI.
Chow also said a financial ledger will be prepared to keep track of the revenue received by CMI.
Read more: MBI, CMI are 'tools exploited by politicians', says don
His statement comes amid economist Edmund Terence Gomez telling Malaysiakini that there is no point for companies like CMI to exist, as these appear to be tools exploited by politicians to control the state resources.
Chow was also responding to a question on former chief minister Lim Guan Eng telling the Penang High Court on Monday that CMI does not have audited accounts or board members.
Lim, now the finance minister, said that although CMI is under the chief minister, its decisions are made after consultation with state excos.
He is suing Jason Loo for defamation, after the former Penang Gerakan Youth chief questioned him over the 2016 sale of a plot of land on Peel Avenue to Island Hospital Sdn Bhd.
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