Guan Eng knew real value of bungalow

Guan Eng knew real value of bungalow
24 MARCH 2016 @ 11:55 AM


GEORGE TOWN: Chief Minister Lim Guan Eng knew the real value of the Jalan Pinhorn bungalow, claims Wanita Umno central committee member Datuk Norliza Abdul Rahim.

She said Lim had paid the stamp duty fee when he bought the land last year.

"He is an accountant, I am sure he knows that when you pay stamp duties, the duty is based on the current market value of the property. "We have evidence that such transaction had taken place," she told reporters outside the Malaysian Anti-Corruption Commission (MACC) headquarters here in Jalan Sultan Ahmad Shah here today.

Norliza, who is also Penang Wanita Umno chief, lodged a report with the MACC at 10am. Lim told reporters recently that he did not know the market value of his bungalow during a media visit.

He had bought the bungalow for RM2.8 million last year from a businesswoman named Phang Li Koon.

Lim had previously rented the bungalow since July 1, 2009.

It was claimed that the owner had links to the company that bought a piece of 0.4ha land in Taman Manggis in Jalan Burma.

Phang had since denied links with the company that owned the land and has reserved the right for legal action for those who say otherwise.

Lim, too, denied allegations hurled against him and welcomed MACC to investigate him.

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