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Inland Revenue should say hello to Khir Toyo

Posted on Tuesday, 07-07-2009Tuesday, 07-07-2009 by Teresa

I am shocked that Datuk Seri Dr Mohd Khir Toyo, a former dentist, and later the Mentri Besar of Selangor for eight years, is reportedly the joint owner of a family mansion in the exclusive Jalan 1/7L in Section 7 of Shah Alam.

While he says the super mansion only costs RM3.5 mil (The Star, The Edge, July 7), it is estimated the final cost, fittings included, is likely to be more than RM20 mil.

I urge Khir Toyo to reveal details of his loan from HSBC as the public is curious how it is possible to finance the purchase of a property worth many times the claimed amount of the said loan.

In these tough economic climate, the public will welcome any helpful hints Khir Toyo could give them on real estate investment with minimum output for maximum gain.

In the meantime, the Inland Revenue should audit his, and his family’s, tax returns for the past 10 years to determine if the amount of tax paid justifies the lifestyle he is living.

The MACC must, on its own volition, launch an immediate investigation into this matter.

The public has the right to know how a now unemployed politician is going to finance the maintenance of his super mansion and fleet of luxury vehicles.

5 thoughts on “Inland Revenue should say hello to Khir Toyo”

  1. K S Ong says:
    Tuesday, 07-07-2009 at 15: 57.20

    For BN politicians, ACA before and now MACC, would require someone to report first before they would act. As we have seen before, almost in every case the reporters got into trouble instead! Was that supposed to be a deterrent against whistle-blowers?

    For a former CM, there were always the possibilities of abuse of power in using state manpower and materials,
    contractors paid by others to win favours, and
    deliberate under-statements of costs of extensive renovations and additions, fixtures and fittings which actually costed enormous sums. Of course, we should give him the benefit of the doubt. But then our ruling political culture seems to encourage ostentatious display of wealth without fear of MACC, as though positions of power carry with it the right to accumulate immense wealth. (Dr. M took care of the bite in ACA)

    For federal opposition politicians, cows carried more weight in the eyes of the MACC!

  2. KFTANG says:
    Tuesday, 07-07-2009 at 18: 15.37

    For a RM3.5 million loan from HSBC for a 30-year period, the monthly instalment (plus interest) will roughly come up to Rm16,000. How was it that he was given such a long repayment duration despite he being 45 years old already? Can the former MB truly afford it? He can’t fool anyone! What is the MACC doing in this case?

  3. lee wee tak says:
    Wednesday, 08-07-2009 at 18: 59.46

    IRB is quick to pounce on Chong, Ali and Muthu.

    Sure, I can understand the lack of public standing and accept we are easy prey, roll over and die kind of target

    but, should IRB not recognise the Pareto Rule? A few high value targets and wham, you hit the quota for the year.

  4. zztop says:
    Friday, 10-07-2009 at 15: 38.43

    We have Disneyland, Neverland and now we have Toyoland.
    Do you ever expect our IRB and MACC to acton this pendatang bum??. Your guess is as good as mine. As have been mentioned, those in MACC are just the same “old wine in a new bottle”. Nothing less, nothing more.
    It is now crystal clear that we do have another Zakaria in the making. This Toyoland bum has been behaving very cocky all this while. At times, snipping at our rep Teresa on religion, race etc….
    And what happened to the charges our rep Teresa brought against this bum sometime ago??? What have the court and our “efficient” MACC doing??? No futher actions????? I guess maybe.
    I hope PKR will go all out to get to the bottom on how this bum got all this $$$$$$$$$$$$$$$$$… to lead such a life style. Irrespective of whether his Toyoland is worth 3.5 or 24 million bucks!!!
    The rakyat wanted the truth.

  5. KFTANG says:
    Sunday, 12-07-2009 at 21: 10.56

    Our former PM Tun Mahathir Mohamad’s bungalow house at The Mines cost only RM1 million. (Tun Mahathir has served 22 years as Malaysia’s PM.)

    Former Selangor MB Khir Toyo’s sprawling mansion in Shah Alam (called Toyoland) is valued at RM24 million. (Khir Toyo has served only 8 years as Selangor MB.)

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Teresa Kok

About Teresa

Teresa Kok (้ƒญ็ด ๆฒ) is Seputeh's MP and DAP Vice-chairman. Born and bred in Kuala Lumpur, Teresa is a second-generation Malaysian of Chinese descent. n the 2008-2013 term she was Selangor Senior State Executive Councillor for Investment, Industry and Trade and State Assemblyperson for Kinrara.

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