Aug 13, 2006

Khairy : I want to be whiter than white

Whiter than white? Maybe he wants to be Prince of Snow White. :-)

Suci bagaikan debu.

** Link : Khairy Jamaluddin sells entire ECM Libra Avenue shares


Excerpt from BERNAMA
I Want To Focus On Politics, Says Khairy On Sale Of ECM Libra Shares

KUANTAN, Aug 13 (Bernama) -- Umno Youth vice head Khairy Jamaluddin said Sunday that he sold his entire shares in ECM Libra Avenue Bhd to focus on politics.

"I made the decision to get out of the company voluntarily.

"I want to focus hundred per cent on politics because there's a lot of work to be done in the increasingly challenging situation," he said on his sale of 10.2 million shares representing 1.23 per cent equity in the investment and share brokerage firm at 65 sen per share to Hikkaya Jaya Sdn Bhd, a subsidiary of AmcorpGroup Bhd.

He bought them at 71 sen a share in December last year.

"I don't want other shareholders to be affected by what he is facing. It's not fair to the shareholders," he said.

He said various parties had cast a suspicion towards him especially because he was the son-in-law of Prime Minister Datuk Seri Abdullah Ahmad Badawi, and the sale would ensure all criticisms pertaining to the matter would end.

"Because of this I must be whiter than white. I'm willing to sacrifice not only for the company but because of other people's perception and my focus on politics," he said.

He did not want Abdullah's leadership and the government's credibility to continue to be questioned because they would cause a split in the party and give advantage to the opposition.

"Umno is a sacred party. Don't allow the opposition to sit back and enjoy watching the party ultimately destroying itself," he said.


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