Prosecution alleges Khir Toyo conspired with valuer to set house price

By Yow Hong Chieh, The Malaysian Insider

SHAH ALAM, Sept 27 — The prosecution in Dr Mohamad Khir Toyo’s corruption trial has accused the former Selangor mentri besar of conspiring with a bank valuer to fix the price of his Section 7 house and land here at RM3.5 million.

“I put it to you that the value (of the property) was determined by you, not the valuer,” deputy public prosecutor Abdul Wahab Mohamad said to Dr Khir on the second day of the latter’s defence.

Dr Khir (picture), however, denied the allegation and repeatedly stressed that the value had been arrived at independently by Choy Yue Kwong, the Rahim & Co, a valuer appointed by HSBC.

The former Selangor Barisan Nasional (BN) chairman is alleged to have obtained for himself and his wife two lots of land and a house at No. 8 and 10, Jalan Suasa 7/1L from Ditamas Sdn Bhd through its director Shamsuddin Hayroni in May 2007.

The property was purchased at RM3.5 million although Ditamas had bought it for RM6.5 million on December 23, 2004.