Thursday, December 30, 2021

The scandal of Bakun dam money or slush fund to Sabah 1994

This is an historical event and must be revealed to all concerned. You know the massive Bakun Dam in Sarawak worth RM10b was suddenly approved by the then Prime Minister 1994 without EIA done. It was suddenly approved in January 1994 and Sabah State General Elections were held in March 1994. The purpose of that sudden approval was meant to send the slush fund of RM 400m out the money paiid by EPF for its 5% share in the Bakun Dam and this was reported in the press. EPF paid RM500m for its shares in Bakun Dam. That money in Sabah did work wonder as at least two local politicians were bribed in Labuan by a lawyer Lee to jump over to BN Government after the GE 1994. So there was a power grab by BN/UMNO after GE1994. There is more to that stories as I learnt from Harry Lee was one of the proxies and trustees of the RM400m in his bank account. His office was in Wisma Karamunsing. I was doing some account work for him and he disclosed the strange tale of slush fund. He was worried how to account for that massive money in his bank account as his business in family was not that substantial. But I know he had a very well qualified chartered accountant (a very short woman) in a top accounting firm to take care of the tax implication. Soon after the pressure was too great to bear (not as big as Jhlow)and he migrated to and I believe to Aussie. So how capable little chartered accountant believed now to be in a government linked company in KK handled the whole scenario for years? we want to know. The whole case is bitter for Sabah in many aspects as bakun dam under Ting Pek King failed miserably and where have all those public fund gone to grab power in Sabah? So it is timely and not too late to investigate this case to bring it for public view as similar cases are also coming up in Sabah in the next GE as there is a power struggle amongst various groups in GE 2022. Joshua Y C Kong lodger of more than 40 Police Reports would many many trillions. 31/12/2021