DAP man lodges report against MCA president over 1MDB funds dispute

Federal Territories DAP Youth chief Lee Bing Hong has lodged a police report against MCA president Wee Ka Siong over a dispute brewing at Koperasi Jayadiri Sdn Bhd (Kojadi) in relation to funds it received from 1MDB.

Lee wants police to look into the complaint made by Kojadi chairperson Ng Peng Hay, who said he had proposed to return the RM15 million grant the MCA-owned cooperative received from 1MDB in 2012. 

Ng said he was subsequently instructed by the Kojadi board to meet with the MACC on the matter, but was blocked by Wee.

"I ask that the police investigate the MCA president under Section 186, Section 202 and Section 203A of the Penal Code," Lee said in his police report lodged at the Tun HS Lee police station in Kuala Lumpur last night.

Section 186 concerns the obstruction of a public servant in discharging public functions, while Section 202 concerns the intentional omission of information relating to a crime, and Section 203A concerns the disclosure of information.

Read more: Kojadi board 'forced' to sign statement on 1MDB funds, claims its chair

Ng (photo), who yesterday announced his resignation as an MCA member in protest, claimed he was stopped by Wee before he could set an appointment with the MACC.

However, the 11 of the 14 Kojadi board members latter issue a statement disputing this.

In a statement, the 11 members said the board meeting yesterday had resolved to write to the MACC as a follow-up, and to discuss the matter with the MCA leadership.

"During the Kojadi board meeting yesterday, there was no resolution for chairperson Ng to meet MACC chief commissioner Latheefa Koya or any other officials today," said the 11 members in a joint statement.

Kojadi provides student loans and micro-financing for businesses. It received a RM15 million grant from Yayasan 1MDB in 2012. The money was to be used for a micro-financing scheme for youths.

The board members also stressed that the money received directly from 1MDB's charitable arm had nothing to do with the funds disbursed through former prime minister Najib Abdul Razak's bank account, which were allegedly stolen from 1MDB.

A total of 41 recipients of that fund from Najib's bank account are facing forfeiture suits.