The Malaysian Paralympic Council (MPC) president Datuk Zainal Abu Zarin who came under fire for allegedly investing RM4 million into an event management company has denied claims that the money was mismanaged.
He said such claims were an effort by some irresponsible people who were out to discredit him and topple him as MPC president.
"The individuals concerned have twisted the facts to confuse the people and tarnish the image of the MPC. These individuals want the people to believe that MPC was irresponsible and not managing the funds to ensure the welfare of paralympic athletes," he told Bernama here.
A local daily had earlier reported that MPC's RM4 million investment in Paralimpik Ventures Sdn Bhd (PVSB) in 2008 had come under scrutiny, as the events company was helmed by Zainal Abidin Abu Zarin and his two sons, Idi Irwan and Ilia Ikhwan.
The report alleged that RM2 million was transferred to the PVSB on April 4, 2008 and another RM2 million was transferred about two weeks later, on April 17, 2008.
Bernama
Tue Jan 08 2013
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