Balkis never finalised their accounts before moving the money

This Balkis issue is turning out into a nightmare. A never-ending nightmare. Just look at the newspapers, the blogs. It’s like a virus infection, it’s EVERYWHERE! And now, everyone and anyone who’s even slightly involved wants to have their say.

Balkis’ accounts not finalised before funds transferred out

KLANG: The external auditors for the Wives of Selangor Assemblymen and MPs Welfare and Charity Organisation (Balkis) said yesterday they were not consulted before the body transferred its RM9.9mil funds.

Yee Choon Kong & Co principal Yee Choon Kong said the firm was never consulted by Balkis president Datin Seri Zahrah Kechik, its executive committee members or former Mentri Besar Datuk Seri Dr Mohd Khir Toyo prior to the transfer.

He said the organisation’s financial statements remained unaudited till now and the firm had not issued a signed Audit Report on Balkis’ conduct and financial affairs for the financial year ending Dec 31, 2007.

“My firm had on a number of occasions called the organisation’s treasurer Datin Suraimi Sapuan to send the financial records including bank statements, official receipt books, payment vouchers, supporting documents, fixed deposit receipts, minutes of meetings and the details of membership and subscription for 2007,” he said in a statement yesterday.

He said Balkis ignored the requests, adding that contrary to press reports, the accounts had not been finalised before the funds were transferred out.

Full article here.

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This is definitely getting out of hand. So what is legal? And what is not? What is true? And what is not?

Now that even the external auditors are saying that they never finalised the accounts, does it mean that there’s some mon(k)ey business going on? I don’t think the external auditors would have much to gain by saying this.

Anyway, let me just pinch something off Kak Marina’s blog on this issue.

Dr Khir Toyo’s statement is rather revealing: “There was some worry after Pakatan Rakyat won the state that the new government might remove some of the students from the list (of recipients) and the poor students would not be able to continue their studies,” Now why would he think that? Unless this is what he himself would do if he took over the state after being in opposition, no?

I’m sure the Balkis ladies did work hard for their various charities so I can understand having some attachment to money they raised. However they obviously were under the impression that they would be there forever. But it’s the speculation about what other people will do with it that gets me. What does it matter if it is going to go to a good cause anyway? Besides, being out of office should not stop anyone from doing good works, should it?

Maybe the way out of the impasse is to turn to BAKTI, the Association of Ministers’ Wives, headed by Datin Seri Jeanne Abdullah. If they now have Balkis’ money, then they should return it to Selangor and simply say that they hope it will be used to continue support for the charities and the underprivileged that previously benefited from it. End of silly story.

Read the rest of what she has to say here.

And I agree with her. It is definitely a very silly story right now.



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