Cops probe Phang for allegedly making false SD

khalid

PETALING JAYA: Police are investigating Phang Li Koon, the person who sold a house to Penang Chief Minister Lim Guan Eng in a controversial deal, allegedly for making a false statutory declaration (SD).

“We have opened investigations on a false statutory declaration against Phang,” Inspector-General of Police Khalid Abu Bakar said after attending a police function at the police training centre (Pulapol) in Kuala Lumpur today.

He said Phang and Lim would be called in to have their statements recorded.

Phang had issued the SD, claiming the house was sold on a “willing seller, willing buyer” basis and denied any connection otherwise with the Penang government.

Lim had bought the bungalow in Penang from Phang last year for RM2.8 million. Lim had been renting the bungalow before that.

Critics say the price paid was way below the actual market value for the house.