Phang to be charged with Lim tomorrow

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GEORGE TOWN: Businesswoman Phang Li Koon will be charged together with Penang Chief Minister Lim Guan Eng tomorrow.

The Malaysian Anti-Corruption Commission in Penang said Phang was arrested at her office at Menara Penang Garden.

Menara Penang Garden is located next to MACC’s office along Northam Road.

“Phang was arrested at 4.15pm from the sixth floor of her office,” the statement read.

MACC also said the order to arrest was made after receiving an order from the Attorney-General’s Chambers.

A tweet by Channel News Asia Malaysia Bureau Chief Melissa Goh said Phang “is posting bail at 1 million ringgit”. FMT could not reach Goh for further details.

Earlier at 5.45pm, Lim was arrested at his office in Komtar and was led to the MACC office by six officers.

Both Lim and Phang will be brought to the George Town Sessions Court tomorrow at 10am to be charged under the Penal Code and MACC Act for using office or position for gratification and obtaining a valuable thing without consideration in a business transaction by a public servant.

(In full, section 165 reads: Public servant obtaining any valuable thing, without consideration, from person concerned in any proceeding or business transacted by such public servant.)

On May 22, MACC officers visited Lim’s home in Pinhorn Road following his controversial purchase of a bungalow below market price. This was later linked to the sale of state land.

In denying the allegations first raised by Umno MP Shahbudin Yahaya, Lim insisted there was no impropriety in the purchase of the property.

The DAP secretary-general clarified he did not know the market value of the bungalow he bought last year for RM2.8 million as it was based on a verbal understanding between his wife, Betty Chew, and the previous owner, Phang Li Koon, in 2012.

Properties in the area are said to valued at between RM6 million and RM6.5 million.