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PAS : KE ARAH PEMERINTAHAN ISLAM YANG ADIL
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-------- Original Message --------
Subject: [sangkancil] Perwaja and VK Lingam's RM 12 million (fwd)
Date: Fri, 23 Jun 2000 11:12:29 +0800 (MYT)
From: "M.G.G. Pillai" <[EMAIL PROTECTED]>
To: Sang Kancil <[EMAIL PROTECTED]>
CC: SK <[EMAIL PROTECTED]>
---------- Forwarded message ----------
Date: Fri, 23 Jun 2000 01:19:16 GMT
From: kay hian <[EMAIL PROTECTED]>
Cc: recipient list not shown: ;
Subject: Perwaja and VK Lingam's RM 12 million
The Price Waterhouse report on Perwaja detailed a payment of RM 12
million soemtime in the early 90's to lawyer extraodinaire, VK Lingam,
for legal services -- his former boss at UMW was after all Eric Chia,
then head of Perwaja - and of course Lingam has other good friends --
see www.malaysia.net/special.
Now, Lingam has not said that he did not recieve the money, but
question-did he declare those fees for income tax purposes/ His records
from the IRD are :
Income Tax Reference No: OG 526698-10
Plaza Podium 5044 Jalan Tun Razak Kuala Lumpur
Date Balance RM Tax Paid RM
24.07.92 14 679.69 DR 22 678.69
03.04.93 11 377.90 DR 64 450.96
04.05.94 3 864.92 DR 8 598.66
11.02.95 8 388.36 CR 4 398.00
27.01.96 321 653.90 DR 1 074 726.70
01.04.97 424 034.56 CR 250 000.00
19.01.98 308 948.16 CR 1 426 007.10
14.09.99 1 173 660.52 CR 298 250.58
Now in the early 90's when the Perwaja money was received we can see
that Lingam probably DID NOT declare that income ( accepting that there
would have been deductions; but his is only a 2-3 man firm on rented
premises -- special rental arrangements quite likely given that premises
is rented from good friend Vincent Tan).
Then suddenly-we see that in the second half of the nineties-the IRD
actually OWES Lingam money-no small amount -about RM 1.2 million. So
all though he paid about RM 1 milliion in 1996 -- which is the tax one
would roughly pay on RM 12 million -- now the IRD has decided that he
can have it back!
Such generosity-wouldn't it be nice if all of us could be treated in the
same way -- but never mind that BIG QUESTION: What happened to that
RM 12 million from Perwaja? Where did it go? Why was it paid?
Would we ever know?
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