Nobita Lied Again And Again, This Time Regarding The Sale Of Penang Land

The Finance Minister of Hong Kong, Lim Guan Eng aka Nobita yesterday made a blunder lie when he make a statement that, read here,
The Pakatan Penang government sold only 43 hectares or 34 times less than the 1,481 hectares of land sold by the previous BN (Barisan Nasional) government.
Facts don't lie. Listed below are the sale of the state land made by the DAP-led Penang government for the past 9 years compare to 40 years under administration of Barisan Nasional (BN).


According to above figures, BN, in its 40 years, had sold 382ha (955 acres) of land in Bayan Lepas to the Penang Development Corporation; 96ha (240 acres) of land in Tanjung Tokong to E&O; 296ha (740 acres) of land in Tanjung Tokong to E&O; and 300ha (750 acres) of land in Batu Kawan to Abad Naluri. The sale of a 642.4ha (1,606 acres) in Butterworth was cancelled.

As for the DAP-led Penang government, it had sold 0.44ha in Taman Manggis to KLIDC; 40.8ha h(102 acres) in Bayan Mutiara to Ivory; 16ha (40 acres) in Batu Kawan to PE Land; 44ha (110 acres)in Gurney Drive to Zenith; 98ha (245 acres) in Batu Kawan to Aspen; 12ha (30 acres) in Batu Kawan to Paramount; and 28ha (70 acres) in Batu Kawan to PKT.

They also sold 80ha (200 acres) in Batu Kawan to Temasek; 2.64ha (6.6 acres) in Bayan Lepas to Temasek; 8ha (20 acres) in Batu Kawan to Jabil; 1,800ha (4,500 acres) in Permatang Damar Laut to SRS; 9.88ha (24.7 acres) in Bayan Bay to Ideal; 2.64ha (6.6 acres) in Juru to Westlite; 1.76ha (4.4 acres) in Bukit Minyak to Westlite; 32ha (80 acres) in Pulau Jerejak to Ideal; and 2.56ha (6.4 acres) in Peel Avenue to Island Hospital.

Nobita also has time and again claimed that the previous administration had sold 1,464.4ha (3,661 acres) for RM1.0586 billion while it had only sold 42.44ha (106.1 acres) for RM1.1102 billion. The revenue from land sale during the DAP administration was higher than BN administration, was another gross misleading statement.

A cup of 'kopi o' in 1990 cost 60 sen but today it is priced at RM1.20. One can't argue that the coffee shop owner should have charged RM1.20 per cup in the 1990s to maximise profit. The fact is that the price of 60 sen at that time reflected the price of materials and goods during that period. Had the coffee shop owner charged RM1.20 per cup then, his business would have long collapsed.

To conclude, salary and allowances have risen and so has the land market price over the past years. Stop misleading the people, Mr Finance Minister.


Source | http://khairulryezal.blogspot.com/2018/10/nobita-lied-again-and-again-this-time.html

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