PKR to block Deepak’s land deal through S’gor govt

PKR strategic director Rafizi Ramli says as long as Pakatan Rakyat is holding Selangor, it will not allow the RM130 million land deal to go through. 

Leven Woon, FMT

PKR, through the Selangor government, will block the RM130 million land deal  between Lembaga Angakatan Tentera (LTAT)-linked company Bakti Wira Development Sdn Bhd and a Wanita Umno leader’s company

PKR strategic director Rafizi Ramli said the deal that involved some 200 acres of land in Bukit Raja, Selangor, came under final purview of state government as it required transferring of titles.

In a filing to Bursa Malaysia two days ago, Bakti Wira, a wholly-owned unit of Boustead Holdings Berhad, signed an agreement with Awan Megah, a vehicle company of Selangor Wanita Umno chief Raja Roppiaah Abdullah to acquire the freehold land at the said price.

This followed after carpet businessman Deepak Jaikishan’s company Astacanggih Sdn Bhd dropped a lawsuit against Awan Megah without clear reasons given.

Boustead subsequently agreed to purchase 80% stake in Astacanggih for RM30 million from the businessman who recently made a series of exposes on Prime Minister Najib Tun Razak’s family.