The 24 plots of Selangor state land that were sold to BN on the cheap during its reign were used solely for the community's interests, said Selangor Umno information chief Abdul Shukor Idrus.
"Umno is the people. Umno represents 400,000 people in Selangor and these people pay taxes. The (land) is for the people of Selangor.
"This is not (about) one individual but an organisation (with) many (people). Can't Umno receive funds to build a multi-purpose hall (or) community hall for public use?
When asked if all the land were used in this manner, he replied, "all the land was used for halls, pre-schools and etc - all in the interest of the people, not individuals".
He was speaking to reporters at the state assembly annex building today when he was asked to respond to Sekinchan assemblyperson Ng Suee Lim's allegations yesterday.
Lim (left) had claimed that BN acquired 33.5 acres of high-value land for about RM1 per square feet.
"They are commercial lands... after Umno, MCA, MIC and Gerakan get the land, they immediately get into joint-ventures (to develop the land) or sell them off for tens of thousands or millions of profit," he said.
'Prec merely a cover'
Separately, Shukor claimed that PKNS Private Real Estate Company Sdn Bhd (Prec) was merely a front for the sale of RM32 million worth of Selangor State Development Corporation (PKNS) assets.
"Prec is being used as a cover for Central Holdings Bhd. In reality, (PKNS assets) are being sold to Central Holdings...
"We have received information that all plans and agreements have already been prepared. What is left is to sign it.
"Today we have raised this issue. Maybe... I don't know whether it would continue or be stopped," he said.
When asked for details, he said, "I have the details. We will give it later."
Earlier today, Bukit Antarabangsa assemblyperson Azmin Ali told the assembly that Prec is a wholly-owned PKNS subsidiary, established with the Finance Ministry's approval to help streamline PKNS' activities.
However, Shukor said at the assembly that the five PKNS assets transferred to Prec were merely en route to Central Holdings Bhd.
The five are Kompleks PKNS Shah Alam, Wisma Yayasan, Kompleks PKNS Bangi, Menara PKNS Petaling Jaya and SACC Mall.
"Which company is it that is going to buy and manage the assets? Who are in the board of directors and how much capital is paid? It is understood that it is not Prec, but Central Holdings Bhd," he said.
He warned that while PKNS is closely controlled by the state government and the federal treasury, Prec is not subject to such rigours.
"There is no guarantee that Prec would continue to be PKNS-owned. It is exposed to the risk of boing bought by the private sector or inviduals through management buy-outs.
"If this happens, the assets would no longer belong to PKNS or the people of Selangor. Could this be the plot?" he said.
Shukor said that if that happens, Prec could upgrade the complexes and raise the rental at its assets beyond the reach of its original tenants, forcing them to move out.
"Eventually, it would no longer be a bumiputera business centre," he said.--Courtesy of Malaysiakini