MAIKA HOLDING BERHAD
For
more than two decades, 66,000 Maika shareholders had been having a raw
deal especially after the infamous RM120 million Maika Telekom shares
hijacking scandal where nine of ten million Telekom shares allocated to
Maika were diverted to three private companies. The MIC thuggery and
gangsterism in the mismanagement of Maika Holdings to deny the rights of
66,000 Maika shareholders to claim their money. The Malaysian are
intimidated and not given a proper answer until today.
Samy
Velu along with his group of gangsters, robbed the people of an
enormous amount of money through Maika Holdings. Elected representative
defying the law in acting in a thuggish, gangsterish and violent manner
at a public venue. On May 13, 1992, MIC's Selangor Assemblyman for Seri
Cahaya, S. Sivalingam, acted as a thug when he led an assault of Maika
shareholders who were peacefully picketing against the Maika Telekoms
hijacking scandal outside Maika headquarters. A woman, M. Pathmah was
also assaulted and other victims were A. Sivanesan, K. Panjamurthi, K.
Krishnan and S. Phulup Perumal. At the Maika AGM last year, MIC tried to
silence YB Kulasegaran from championing the rights of the 66,000 Maika
shareholders, he was assaulted at the event by a MIC's elected reps.
Samy
vellu must explain to Malaysian on the scandal and the promises that he
made to return the shareholder's money. Its better if we have a healthy
debate to settle the problem. YB Kulasegaran and the MIC President,
must face to face to debate on this scandal. You may ask why YB Kula and
not other leaders? The reason is, he himself is a Maika Holdings
shareholder, thus knows well about the whole scandal's plot. As a
Malaysian Member of Parliament (MP), he is capable of representing
66,000 Maika shareholders to argue with the MIC President Dato Seri
S.Samy Vellu on this issue.
MIC
failed terribly to Show us that they cares about Malaysian. If they
serious about uplifting the Malaysian, get Maika Holdings cleaned up and
bring to justice those who have been responsible for cheating its
shareholders.
BEING MIC PRESIDENT FOR MORE THAN 3 DECADES, SAMY VELLU IS THE ONE TO BLAME FOR MAIKA SCANDAL
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