Khalid terbaraikan spin Rafizi untuk tutup Azmin, Splash

Tuesday, November 15, 2016

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Khalid terbaraikan spin Rafizi untuk tutup Azmin, Splash

Posted by The Unspinners Kembali at 11/15/2016

Maka sahlah cakap dan tuduhan Rafizi semua tidak boleh pakai. Kali ini, hukuman keempat dan banyak lagi siasatan, dakwaan dan saman terhadap Rafizi.

Rafizi cuba spin kata Tan Sri Khalid tidak bercakap benar tentang isu Splash dan dia yang buat tawaran beli SPlash pada harga RM2.45 billion.

Sekali lagi, Rafizi TIPU dan mampus mamat ini jika Khalid Ibrahim mahu saman dia. Malaysia Today ada siarkan penjelasan terperinci Khalid ...

Question: Can you explain the situation with the offer to take over Syarikat Pengeluar Air Sungai Selangor’s (Splash) equities, and how these allegations cropped up?

Answer: The state government during my time, made four offers to four water concessionaires — Splash, Abass (Syarikat Konsortium Abass Sdn Bhd), Puncak Niaga and Syabas. Two were made in 2009, one in 2011 and the final one was made in February 2013. The total offer for the four concessionaires in 2013 was RM9.65 billion.

Splash had rejected the first three before an agreement was reached in February 2013. Yes, an offer of RM2.975 billion was made to Splash, which was issued on June 25, 2009. This was the second offer. But what the people must know is that offer took into account Splash’s equities, liabilities and assets, and not its equities alone.

You must understand that the basis in 2009 is different from the one in 2013. And, at that time, only Splash and Abass agreed to the offers presented to them, while Puncak Niaga and Syabas did not agree to it. The deal could not proceed because Pengurusan Aset Air Bhd (PAAB) had an “all or nothing” principle. So, in the Feb 20, 2013 offer, of the RM9.56 billion, RM1.584 billion was offered to Splash for liabilities and only RM250.6 million was offered for equity takeover, and not RM2.975 billion as (Selangor Menteri Besar) Datuk Seri Azmin Ali had claimed.

It is as if he is using the RM2.975 billion figure to justify his RM2.7 billion equity offer. He isn’t supposed to do that, because that would mean that the state government is actually offering Splash a total of RM4.2 billion. He can’t just present a letter showing the figure and say that was an actual offer. Perhaps, this is where some experience in corporate banking and merchandising will help (him). Unfortunately, he didn’t go through that.

Question: But, Azmin is saying he has evidence to prove that you offered RM2.975 billion.

Answer: Yes, he has the offer letter of RM2.975 billion dated June 2009. But that “evidence” doesn’t prove that the amount was only offered for equity. Azmin doesn’t understand the reason behind it. He didn’t read the letters carefully to understand that the structure of the offer made by the Selangor government in 2009 differs from the structure in 2013. He used that figure without explaining what the figure meant. If he had appreciated that structure, then he would know that it would not be the same.

This is not an easy game like selling nasi lemak.