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RAMANAN DENIES RM9.5 MLN ALLEGATION LINKED TO ‘CORPORATE MAFIA’ CLAIMS

25/03/2026 05:13 PM

KUALA LUMPUR, March 25 (Bernama) -- PKR vice-president Datuk Seri R. Ramanan has strongly denied allegations that he received RM9.5 million from businessman Victor Chin to resolve alleged “corporate mafia” issues. 

Ramanan, who is also Human Resources Minister, described Chin’s claims as a smear campaign aimed at tarnishing the image of the party and government members of parliament.

The Sungai Buloh MP said the individual had referred to several figures in his allegations, including a “Mr R”, but deliberately avoided naming the person in question.

“Don’t play guessing games, name the person directly so we can take legal action. Then we can prove whether the so-called corporate mafia issue is true or not. If there is evidence, show it.

“This is a dirty narrative to bring down PKR by linking it to government MPs,” he told a special press conference at the Sungai Buloh Parliamentary Service Centre here today.

Ramanan said it was illogical to associate him with individuals he had never met or known personally.

“I am aware that some irresponsible parties are trying to link me to this issue, claiming that I am ‘Mr R’. The individual alleged that hundreds of millions worth of shares were transferred to me.

“I do not own any shares. I do not think any MP would be involved in share transactions worth hundreds of millions, as we have the Securities Commission and Bank Negara,” he said.

He also instructed all PKR division chiefs nationwide to lodge police reports over the allegations to enable investigations to be carried out.

Asked whether he had informed Prime Minister Datuk Seri Anwar Ibrahim of the matter, Ramanan said as PKR vice-president, he had to step forward to clarify the situation.

He added that he did not want to burden the Prime Minister, who is currently focused on more pressing global economic matters.

-- BERNAMA

 

 


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