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Rafizi becomes first Pakatan candidate to declare assets with RM16m in shares, RM1m in EPF savings
savemalaysia
Publish date: Wed, 02 Nov 2022, 07:27 PM
KUALA LUMPUR, Nov 2 — PKR deputy president Rafizi Ramli has today become the first Pakatan Harapan (PH) candidate to declare his assets publicly ahead of the 15th general election (GE15).
Along with a statement, he made public his assets declaration document showing his total value of net assets of RM18,851,350 as of October 31.
This includes RM1,092,411 in his Employees’ Providence Fund (EPF) account and RM16,737,408 in investments and shares — with RM12,410,000 of them from his stake in his company Invoke Solutions Sdn Bhd.
“The company’s valuation based on the company’s net assets as of 31 October 2022 is RM17 million. The company’s valuation based on the latest issued share price as of 31 October 2022 is RM75 million.
“Therefore, the investment declared in this Affidavit is based on holding 73 per cent of the company’s value of RM17 million,” he wrote in his asset declaration.
He also declared two units of houses as assets worth RM1.65 million: a double-storey semi-detached, and a condominium unit, both in Bukit Antarabangsa.
Additionally, he listed two cars: a Peugeot 3008 SUV bought in 2018 and a Honda Accord sedan bought in 2014.
Rafizi previously worked in Petronas before jumping into politics full-time, becoming the Pandan MP from 2013 to 2018.
He also established Invoke, a data analytics firm, in 2016.
Last week, Rafizi said PKR’s candidates for the 15th general election will be required to declare their assets and the declarations will be made available online for public scrutiny.
https://www.malaymail.com/news/malaysia/2022/11/02/rafizi-becomes-first-pakatan-candidate-to-declare-assets-with-rm16m-in-shares-rm1m-in-epf-savings/37068
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Discussions
Be the first to like this. Showing 10 of 10 comments
to fight Justice Pao as Chinese called him not an easy task. Rafizi career may ending so prematurely. chinese look at personality besides party. Mata brand means nothing to pragmatic chinese
2022-11-02 19:41
RM16 millions in shares (?) , 1 million in epf, if for other races sure already kena check kao kao... . So, declare already no problem lah ??? Source of this asset from ???
2022-11-02 19:54
Justice Pao also already into business said retired forever from politics. now, both businessman fight .,. if fail, they go back to business lah
2022-11-02 20:02
Now, even an ordinary retired citizens/old man have difficulty in opening a bank account. why ??? - possible money laundering ??? Why MACC do not checks those politicians with assets not in tandem with their salary of years of accumulations ???
2022-11-02 20:16
Rafizi is an unpolished politican, bordering arrogance.
Today's generation does not have manners and do not respect the mature society.
They think they know everything at the press of a button.
Certainly, PKR is going to lose most of their seats.
This GE will see hung parliament with fresh frogs.
PKR is well known for producing frogs.
2022-11-03 10:38
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If not for Rafizi, Pkr would already be buried! This is how a true politician should act! Totaly transparent! I like! Even though he is a bit psycho but then again, we all are!
2022-11-02 19:28