KUALA LUMPUR - Federal Territories Minister Datuk Seri Dr Shahidan Kassim today said that S.Gobi Krishnan has been relieved of his duties as a member of the Federal Territory of Kuala Lumpur (WPKL) Licensing Board, effective Aug 4.
He said his ministry had conducted a bankruptcy search at the Malaysian Insolvency Department on Aug 3 and the results had confirmed that S. Gobi Krishnan had been declared bankrupt from Jan 7, 2021.
"Based on the legal review made by the ministry, it was found that despite being declared bankrupt, his appointment for the period from July 20, 2021, to Aug 3, 2022, was in order and did not violate any laws and regulations.
"The Excise Act 1976 (Act 176) does not say that a person who is bankrupt cannot be appointed as a member of the Licensing Board. The Act also does not say that the position automatically becomes vacant if a member of the Licensing Board becomes bankrupt,” he said in a statement today.
Shahidan said S.Gobi Krishnan had been appointed as a member of the WPKL Licensing Board effective July 20, 2021, to July 19, 2023, based on the delegation of authority made under section 86 of Act 176, which has already been gazetted through P.U. (B) 359/2014 on July 24, 2014. - BERNAMA
He said his ministry had conducted a bankruptcy search at the Malaysian Insolvency Department on Aug 3 and the results had confirmed that S. Gobi Krishnan had been declared bankrupt from Jan 7, 2021.
"Based on the legal review made by the ministry, it was found that despite being declared bankrupt, his appointment for the period from July 20, 2021, to Aug 3, 2022, was in order and did not violate any laws and regulations.
"The Excise Act 1976 (Act 176) does not say that a person who is bankrupt cannot be appointed as a member of the Licensing Board. The Act also does not say that the position automatically becomes vacant if a member of the Licensing Board becomes bankrupt,” he said in a statement today.
Shahidan said S.Gobi Krishnan had been appointed as a member of the WPKL Licensing Board effective July 20, 2021, to July 19, 2023, based on the delegation of authority made under section 86 of Act 176, which has already been gazetted through P.U. (B) 359/2014 on July 24, 2014. - BERNAMA