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Showing posts with label msm.mu medpoint.mu medpointscandal.mu MedPoint jugnauth malhotra affair scandal navin ramgoolam parliament ptr msm mmm. Show all posts
Showing posts with label msm.mu medpoint.mu medpointscandal.mu MedPoint jugnauth malhotra affair scandal navin ramgoolam parliament ptr msm mmm. Show all posts

Wednesday, 9 November 2011

MedPoint: Berenger gets a consensus that ICAC blocks Rs 145 million

----------------------------------------------------------After intense debate, Paul Berenger calls for a consensus to ask the Anti-Corruption Commission (ICAC) to take steps to block the remaining Rs 144.7 million paid to former owners of the clinic MedPoint.
The Private Notice Question (PNQ) this Wednesday, November 9 will be allowed the opposition leader for consensus in Parliament to ask the ICAC to initiate proceedings to block the money paid for the acquisition of the clinic MedPoint overvalued price of Rs 144.7 million. Trade on the PNQ will be sent to the ICAC by the Speaker.
Earlier, the Minister of Finance indicated that an amount of Rs 120 million was still in an account of Baroda Bank in Mauritius. This contradicts the statement made by Prime Minister on 18 October in Parliament.
The PNQ Leader of the Opposition, which had been addressed, initially, the Prime Minister, before being redirected to the Minister of Finance, has unleashed passions in Parliament. Paul BĂ©renger wanted to know what happened specifically Rs 144.7 million.
The opposition leader has relied on the statement made in Parliament by the Prime Minister on 18 October, to the effect that the check has already been hit and part of the money transferred to a London bank.
According to the Minister of Finance, the check had actually been filed Dec. 29 on behalf of the State Bank of Mauritius who has deducted an amount Rs 5.2 million to line the debts of MedPoint Ltd. Rs 15.5 million were subsequently refunded to the account of Shalini Malhotra in repayment of a loan. The remaining Rs 120 million were transferred to an account of the MedPoint Ltd Baroda Bank.
To explain the words of Navin Ramgoolam, Xavier Duval cited a portion of his statement of October 18 when the Prime Minister said " it appears "that a portion of the money has already left the jurisdiction of Mauritius. Paul Berenger refuted his remarks by quoting him as another part of the same statement in which the prime minister stated categorically that more money was in a London bank.
Paul Berenger was surprised that the State Investment Corporation had, at first, called the distribution to shareholders of surplus earned from the sale of the clinic MedPoint. He asked the silversmith Grand why he did not give instructions to the SIC for the money to the account is blocked. He felt that this was a deliberate attempt to "launder "the revenues of the transaction.
Xavier Duval explained that a few days after this first initiative, called CLC directly to the freezing of Baroda Bank account. On several occasions, the Great fundraiser to try to return the ball into the opposition camp in that it is the ability to block the account.
If the opposition agrees, the money may be placed on an Escrow Account until the end of this affair , "he stressed.
All of which leads to the Leader of the Opposition that the Minister of Finance had "lost his head." It must be said that Escrow Account is a temporary escrow account pending a decision and that can be created by resolution of shareholders.
But the only person in the chamber at the time of this statement and that would have to agree to the creation of an Escrow Account as a shareholder, was next to Xavier Duval. This is the Deputy Prime Minister Rashid Beebeejaun who holds shares of Medpoint Ltd via the company Medinvest.

Saturday, 29 October 2011

MedPoint: Berenger calls for clarification on the check of Rs 144.7 million

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The opposition leader claims to have information different from those given by the Prime Minister in Parliament. Paul Berenger believes that the government will do nothing to try to recover the money.He is seeking clarification from the Prime Minister.

At its press conference on Saturday, October 29, the leader of Mauritian Militant Movement (MMM), Paul Berenger, said that according to his information, the sum of Rs 144, 7 million paid in connection with the purchase by the State of the clinic is still in MedPoint two local bank accounts. Let Rs 15 million on behalf of Shalini Malhotra at the Hongkong and Shanghai Banking Corporation and Rs 120 million to a local branch of the bank Baroda. According to the leader of Mauritian Militant Movement (MMM) both accounts were frozen. Paul Berenger asked the Prime Minister, Navin Ramgoolam, to confirm that this money is still not in Mauritius and abroad as he said in the National Assembly on Tuesday, October 25. The opposition leader wants to know the Prime Minister, the name of the person who has initiated action to freeze bank accounts. The leader of the MMM also seeks explanations of answers, found conflicting data at its Private Notice Question of 18 October and during the parliamentary session of Tuesday, October 25. Thus, he recalls, October 18, the Prime Minister announced that he could not say or do for this money. He had stated that the Independent Commission Against Corruption (ICAC) which was only authorized to speak on this subject. Then, last Tuesday, October 25, the Finance Minister Xavier Luc Duval, said that the check had been cashed. It was during the committee review the Supplementary Appropriation (2010) Bill. The head of government then intervened personally. He said that following the PNQ of the previous week that the State Investment Corporation had taken steps to trace the money paid to former managers of the clinic MedPoint. The public corporation is one of the largest shareholder with MedPoint Ltd 50 000 shares. Paul Berenger then commented on the negotiations of alliance between the MMM and the Socialist Movement (MSM) as part of a "remake " of the alliance of 2010. He denied some reports in the press these days about this. He argues that the discussions have not yet reached this stage. Information inconsistent with those obtained from other leaders who are willing to purple to indicate a low voice certainly difficulties that arise in certain constituencies. He said, however, that the " remake "would be on the same principles that 'in 2010 in terms of nominations. Thus, both parties have their representatives in each of the 20 districts of the country. As it is the " scandal of the week , "Paul Berenger returned to the Cheque Truncation System (CTS) which is responsible of claims against the Bank of Mauritius (BoM). A case that is the subject of an investigation by the ICAC. The leader of the MMM denounced what he called total hypocrisy of the Central Bank Transparency. He invited the Prime Minister to remind the Governor of the BoM to order and to order another tendering exercise. He announced that a parliamentary question will soon be on the agenda of the National Assembly without choice between a defined PNQ or question a member of the opposition.He suggests that the former finance minister, Pravind Jugnauth, who was questioned and held responsible for the opacity that prevails in this matter in a statement from the BoM, might want, too, seek clarification from his successor.


MedPoint: "I did not touch a rupee of dividend since 1993," said Rashid Beebeejaun

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Deputy Prime Minister, Rashid Beebeejaun, who is also a shareholder of the company that owns the clinic provides MedPoint have nothing affected in the sale of the hospital to the State at a cost of Rs 144.7 million.
Rashid Beebeejaun finally released from his reserve. Few words about his actions in the clinical MedPoint, the No. 2 government decided to explain. On the occasion of a visit to the site of the dam of Valetta, Friday, October 28, the Minister of Public Service has indulged in confidences to Radio One, saying he had not touched a single rupee dividend in 1993. Shareholder in the clinic through Jugnauth clan society MedInvest, Rashid Beebeejaun, who is also a doctor, said he had not received money from the sale of the property in the State cost of Rs 144.7 million December 29, 2010. "I have invested in MedPoint in 1992 or 1993 but I never touched. Zero. At a time when I speak, it's zero ... "he stressed. However, the main shareholder, Dr. Krishan Kumar Malhotra, brother of the former Finance Minister Pravind Jugnauth , did not fail to transfer of Rs 15,500,000 Rs 144,701,300 that has affected the account of his wife, Shalini, December 30, the day after payment and before the deadline for exemption from tax on the gain. This is frowned upon by other shareholders who complained that they had not seen the color of their money and claiming that Rs 120 million placed in fixed deposit in Baroda Bank is transferred under any circumstances.The request also applies to the interest garnered over the last ten months. It was reiterated to the MedPoint Ltd. August 23, is the desire of shareholders to receive their due eighteen years later. MedPoint Ltd. The company has 19 shareholders. They are Dr. Malhotra (32.57%), his wife Shalinee (23.59%), the State Investment Corporation (13.56%), SICOM (5.42%), Sir Tseng Chi Lu (3.49 %), Tseng Yung (3.49%), Deramann Ltd (3.18%), International Medical Advisory and Consultancy Services (2.71%), Textile Industries Ltd (2.22%), Civil Society Medigroup Dr. Dinassing (1.49%), Grovehill Companies (1.36%), which Rashid Beebeejaun Medinvest Company is a shareholder (1.36%), Abdullasonco Ltd (1.36%), Mikensy Company (1.36%), the Estate Dr C. Narrainen Pillai (0.81%), Seagull Insurance (0.81%), Currimjee Ltd (0.75%), Dr. Jean Pierre Vaulbert Chantilly (0.45%) and Pravind Jugnauth (0.01%).