Money makes the world go round but the debt recovery controversy in Selangor could not have come at the worst time for Mentri Besar Tan Sri Khalid Ibrahim as he prepares to defend Selangor against an ascendant Barisan.
The 2010 debt recovery effort is a complex financial maze. But to put it simply, the MCA attack team, led by the party’s Young Professionals bureau chief Datuk Chua Tee Yong, had challenged Khalid to explain how an exercise to recover RM392mil of debts that public-listed company Talam Corporation owed the state government allegedly resulted in a deal worth RM1bil.
Joceline Tan, The Star
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