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KUALA LUMPUR, Aug 20, 2015:

Solidariti Anak Muda Malaysia (SAMM) says Mohamed Azmin Ali may want a business entity that would go unaudited by the Selangor government by setting up Darul Ehsan Investment Group (DEIG).

Its founder, Badrul Hisham Shaharin, better known as Chegubard, also said the Selangor Menteri Besar’s move to do so could also be because the latter was “overly paranoid” and wanted to be seen as being different from his predecessor, Tan Sri Abdul Khalid Ibrahim.

“If it is just to be seen different, he is wasting the rakyat’s money setting up another company. It is rude as a minister,” he said in a statement today.

Chegubard went on to call DEIG’s establishment as weird as it was spearheaded by two individuals who were involved in the existing Menteri Besar Incorporated (MBI), which is also meant to manage Selangor’s investments.

The former PKR Supreme Council member also chided Azmin for claiming that the attacks on DEIG were ordered by others, saying the PKR deputy president was avoiding the situation by blaming others.

Chegubard then called on Azmin to explain in detail how RM9.65 billion was used for the Selangor water restructuring deal recently.

The amount, he said, was far higher than the amount signed for by Khalid.

“In the sitting recently, it only involved RM2 billion. Where did the other RM7.65 billion go?

“Why is the cost for Azmin’s water structure more expensive than Khalid’s?

“Azmin needs to explain this, otherwise it will not avoid perception that there are kick-backs in the deal.”

The former PKR Youth chief said the public would be more upset if the state government forgot its promise about Selangor residents being able to own water company shares with the possibility of an increase in tariffs and no more free water schemes.

In pointing out these issues, Chegubard also went back to the issue of the withdrawal of zakat funds from the state’s corporate sector and government-linked companies into a special account.

“The zakat eventually became a personal political tool.”

DEIG raised eyebrows when Azmin first announced this new state entity barely four months ago, explaining that it would be run along the same lines as MBI Selangor.

It was to play a pivotal role as the nation’s richest state’s asset holding and investment holdings corporation.

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