Loke: Money in DAP account from people, not tycoons or big corporations

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Penang DAP does not have RM200 million in its account, says party secretary-general Anthony Loke Siew Fook.

He also said the party does not need RM200 million.

“The party’s funds are generated from the hard work of members who have gone out to get donations from ordinary people via charity dinners, and not from tycoons or big corporations.


“When there is a surplus, we keep it in a fixed deposit,” he said when opening the Penang DAP annual convention held at the Penang International Convention Cultural and Arts Centre (PICCA) at Butterworth Arena.

Present were national DAP chairman Lim Guan Eng and state DAP chairman Chow Kon Yeow.

Loke said they also did audits in a professional manner.

“What I am sure of is the strength of our party to govern, to lead and to manage the affairs of our party.

“This is something very important,” he added.

Earlier, Loke touched on the strong financial standing of Penang DAP and how it was well governed by the party and its ally for the past 15 years.

He said in the blink of an eye, DAP had gone through 15 years.

“These 15 years have been a very important journey – full of challenges, full of struggles.

“I am proud that DAP, together with our Pakatan Harapan friends, not only get the support from the people of Penang but our party is getting stronger,” he said.

Speaking at PKR’s Special Congress in Stadium Malawati yesterday, party president Datuk Seri Anwar Ibrahim revealed that he was aware that certain parties had received kickbacks, saying that such actions did not reflect the struggles of true Malay leaders who fought for the wellbeing of the rakyat.

He also disclosed that RM200 million had been transferred into the party’s account and there might be more, but he had not publicised it.

Anwar vowed to fight corruption, which allowed certain individuals to become wealthy enough to “buy” votes in general elections. – NST