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THE recent articles published in relation to the purported “forced” resignation of Edmund Terence Gomez appear to raise a number of issues around Malaysian Anti-Corruption Commission members holding shares in various entities, but there are a few points that really must be pointed out.

First and foremost, no-one “forced” his resignation. He resigned merely because no one responded to him within the timeframe he imposed in his letters. 

So what possible reasons could there be for the lack of a response? Let’s take a look.

There is no prohibition on MACC members holding shares in a company or any other type of entity.

None of the companies or entities in which MACC members hold shares are the subject of MACC investigation.

The shares held are low in value and do not represent a suspicious store of hidden wealth.

Absolutely no influence is required to be exerted to procure shares – just money. The share purchases were just that – share purchases and not some backroom deal.

So what is the issue that Gomez is trying to raise?

It is entirely reasonable for MACC members to have shares in their investment portfolios – members are typically people who have risen in the community to a position of standing and have acquired assets over the years.  Why is it a problem for them to own shares or have some level of wealth?

The members concerned have never hidden the details of their portfolios. 

No conflict of interest exists in the portfolios, and this person’s attempt to create an issue is more than a little disingenuous. 

His resignation is welcome under these circumstances, considering his efforts to smear the MACC. We can do without people stirring up issues that do not exist due to personal clashes. – December 30, 2021.

* Kali reads The Malaysian Insight.

* This is the opinion of the writer or publication and does not necessarily represent the views of The Malaysian Insight.



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