Aug 6, 2006

Khairy: I borrowed money to buy ECM-Libra

And he is a millionaire because someone willing to borrow millions of ringgit to him. I need that someone too :-)

Extracted from BERNAMA
KUALA LUMPUR, Aug 5 (Bernama) -- In keeping with Umno culture that the party reigns supreme than the leader, Umno Youth deputy chief Khairy Jamaluddin says he is prepared to quit his post if he is a liability to the movement.

Nevertheless, as a mark of respect to party members, he said, any decision on his position can only be decided by the movement's delegates as they were the ones who elected him.

"Only they can decide. Nobody can force a person to leave except those who elected the leader.

"Leaders carry out delegates' mandate. If the leader does not have the credibility or is a liability to an organisation, he cannot cling on to his post. He must realise this.

"So, I want to seek the views of Umno Youth members at the grassroots whether I've become a liability with all the speculations about me," he told reporters after opening the Cheras Umno Youth delegates conference Saturday.

"I want to see what is the sentiment at the grassroots on national and international issues, Umno Youth and myself so I can get a clear view," he said.

Asked to comment on talk that there are officers working on the fourth floor of the Prime Minister's Department who have the powers to influence government decisions, Khairy said the claim was an insult to the prime minister.

"To say they are advisers or officers who determine the country's future, this is a very big insult to the Prime Minister (Datuk Seri Abdullah Ahmad Badawi)," he said.

Khairy said the allegation was baseless as all government decisions were made by the prime minister with the nod of the cabinet.

"Based on the prime minister's explanation (on allegations), surely the fourth floor is more powerful than the fifth floor because the cabinet meeting room is on the fourth floor and the cabinet meeting room is more powerful than the prime minister's office because all the ministers are in the cabinet.

"If this is what is meant, then probably its right," he said.

Asked to comment on claims he has become a millionaire overnight as he could afford to buy ECM Libra Berhad shares, Khairy said: "I borrowed the money."

"Everything is loaned, not my own money. Luckily, there are people who want to give loan (to me). I took a loan from them (ECM Libra) who sold their shares to me."

Opening the Pengkalan Chepa Umno Youth delegates conference yesterday, Khairy said he would reply to all the allegations against him when he opens more than 30 Umno Youth delegates conferences nationwide.

He had said the allegations were too personal and being a man of integrity, the slanders must be explained immediately, particularly to party members.

Khairy, who is also the prime minister's son-in-law, denied yesterday that he had married the popular Malay actress Maya Karin.


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1 comment:

What A Lulu said...

i wonder whether did he fill in the relevant details,
whether he provided photocopies of his identity card, income tax returns and certified copies of financial statements for the past three years, fixed deposit and bank statements for the past three months
when he got the loan facility

sound familiar?
ref to the links attached
http://www.thestar.com.my/news/story.asp?file=/2006/5/27/courts/14371544&sec=courts

http://www.thesundaily.com/article.cfm?id=14274