Rina Harun cleared a RM1.34 million debt in such a short period of time! What an amazing woman! How did she do that in 15 months?

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https://m.malaysiakini.com/news/563469

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Published 17 Feb 2021, 8:50 am

A DAP lawmaker has demanded that Women, Family and Community Development Minister Rina Harun explains her source of wealth in repaying million-ringgit debts in order to halt a bankruptcy action.

In a statement today, DAP’s Canning assemblyperson Jenny Choy raised question over Rina’s wealth based on the asset declaration list published for public view by Malaysian Anti-Corruption Commission (MACC).

“It was reported that Rina has settled her debts to a Paris- based film company. She was earlier served with a Bankruptcy Notice for debts amounting to RM1,340,642.02,”

“She should explain how she managed to accumulate sufficient wealth and fund to pay off the huge debt in a short period of 15 months as the Assets Declaration data shows that Rina’s assets stood at RM72,000 when the same was made public on Nov 20, 2019, with an income of RM34,004.48 a month,” Choy said.

“If Rina’s income remained unchanged since 2019, it would take 40 months for Rina to accumulate the fund to settle the debts in the Bankruptcy Notice, provided that she didn’t spend a single cent from her income,” she added.

Choy questioned if Rina had made a false declaration in November 2019 on her assets.

“Being a cabinet minister and public servant, Rina owes the people an explanation,” added Choy, who is DAP Youth vice-chief.

Yesterday, Free Malaysia Today quoted a lawyer representing Sarl Novovision, the Paris-based film and television programme production company, as saying the minister had settled her debts last week.

However, the lawyer, Mark Ho, declined to disclose the exact outstanding amount paid by Rina.

“We received a cheque on Wednesday and it was cleared the following day,” Ho said.
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Rina was served a bankruptcy notice for debts owed to Sarl Novovision to the tune of RM1,340,642.02 as of Nov 17, 2020.

https://www.malaysiakini.com/news/563252

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Rina pays off million-ringgit debt to halt bankruptcy action

FMT Reporters -February 16, 2021 6:50 PM

KUALA LUMPUR: Facing the prospect of being declared a bankrupt, women, family and community development minister Rina Harun has settled her multimillion-ringgit debts to a Paris-based film and television programme production company.

Lawyer Mark Ho Hing Kheong, who represented Sarl Novovision, said the exact outstanding amount, which he declined to disclose, was paid last week.

“We received a cheque on Wednesday and it was cleared the following day,” he told FMT when contacted.

A statement of claim against Rina was filed on Nov 8, 2018 by the French firm and that the full amount must be paid by July 31, 2019.

The claim was for several films, comedy shows and documentaries in the comedy genre sold to three companies in which Rina was director.

The documents also stated that an interest rate of 5% per annum was imposed from the date of the statement of claim.

She was served a bankruptcy notice for debts owed to the company to the tune of RM1,340,642.02 as of Nov 17, 2020.

According to the background of the case reported by a news portal, Rina, who was one of the directors of now-defunct companies Eurofine (M) Sdn Bhd, Fine Mobile Network Sdn Bhd and Fine TV Network Sdn Bhd, had purchased several comedy shows and documentaries from the company.

Rina and another company director, Ida Rahayu Md Noor, had in May 2014 entered into a guarantee agreement with Sarl Novovision that they would personally and jointly undertake all liabilities of the companies.

However, the companies were closed down between December 2013 and August 2015, respectively.

https://www.freemalaysiatoday.com/category/nation/2021/02/16/rina-pays-off-millions-in-debt-to-halt-bankruptcy-action/

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