At last MBSB officers and lawyers agreed to meet us on April 2 but it was not a fruitful meeting. In fact, there were some tense moments when some BGVAC members asked them about the money in the joint account of MBSB/Yeng Chong. We could not get a straight answer and was asked to write to their lawyer to show us the cause papers which would tell us how much money was still in the account. And bad news, guys! It seems most of the money has been withdrawn!
We want to know how this could come about as this is the cash of the purchasers. We could not get details from MBSB... probably because of the on-going court tussle with Yeng Chong. Whatever it is, we are very angry... our hard-earned cash is no longer in the account. And to think Yeng Chong is still collecting the monthly instalments from the purchasers!
As expected, MBSB claimed that they were not in joint venture with Yeng Chong to develop the Malacca land. But we saw in the newspaper cuttings that there were handshakes and a joint-venture signing ceremony to show that there was some collaboration between MBSB and Yeng Chong. It was announced in the newspapers that the profit-sharing is on a 55:45 basis, with Yeng Chong taking the bigger share. If there were no joint-ventures, why did MBSB keep quiet all this time and allowed purchasers to go on believing that MBSB was a partner in the project. At no point did purchasers get any denial from MBSB that it was not in joint venture with Yeng Chong. And why set up the joint account which all purchasers pay to? We should get back our money if the project has been abandoned, plus all the interest accrued.
Many things do not add up... The BGVAC is getting advice from the National House Buyers Association to plan our next move. One plan of action is to seek the help of the newspapers and the Public Complaints Bureau, as we seem to be unable to seek a meeting with the MP of Jasin, of which our land is in. We had wanted him to get the help of the Chief Minister to look into the problem.
Anyway, we managed to seek an appointment with Datuk Murugiah , the Deputy Minister in the Prime Minister's Department, who is also in charge of the Public Complaints Bureau. The meeting was fixed for April 28.
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