ImportNEWS

MAPS Loan Repayment

 
By Luqman Hakim
Keranji assemblyman, Chong Zhemin announced that the motion in regard to a special audit report on Movie Animation Park Studios (MAPS) has been shelved.
The motion was to urge the state government to restore the financial status of the troubled theme park. Zhemin had received an assurance that the state government would restore the financial status of Perak Corporation Berhad (PCB) arising from problems caused by MAPS.
“With the assurance given by the Menteri Besar himself, there is no more worry and MAPS can continue as an entity,” he told reporters during a media briefing at the State Secretariat Building on Monday, April 22.
MAPS is developed by Animation Theme Park Sdn Bhd (ATP) and shared by two entities one of which is PCB Development Sdn Bhd (PCBD) who represents PCB.
In a previous press conference, he posed 23 questions to former Menteri Besar, Dato’ Seri DiRaja Dr Zambry Abd Kadir on the misappropriation funds involving the theme park.
“Last week, I proposed that the house debate MAPS’s financial status during this assembly session. This is because of interest accumulated monthly from loans needed to be paid by ATP. The sum comes to RM3.3 million.
“Every September a payment of RM30 million needs to be paid. The outstanding balance is RM240 million. We simply don’t have the money,” he added.
 

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close