The four AGMs in one sitting, covering 2004, 2005, 2006 and 2007, has stunned MIED life members who describe the move as unlawful as such meetings should be held annually.
The members who received notices for the meetings were particularly concerned about the accounts that would be presented since the MIED is mired in financial irregularities. The first three meetings for 2004, 2005 and 2006 have only one agenda to pass the accounts while the 2007 meeting has five items on its agenda.
The meeting, on Dec 3 at MIC headquarters, is also expected to see a face-to-face confrontation between MIED chairman and MIC president Datuk Seri S. Samy Vellu and the institute’s former chief executive officer P. Chitrakala Vasu, both of whom have been involved in a vicious duel since early this year.
The row is expected following fresh allegations that Chitrakala, who is a life member of the MIED, had used names of dead people to siphon out millions of ringgit under the pretext of providing education loans.
It was also claimed that Chitrakala has interests in 13 companies from auto service to management of a national service camp. She was also alleged to have used MIED funds to buy a house in London and a luxury car.
Sources said Samy Vellu could not explain why the MIED accounts were not kept properly, audited and submitted when asked by a central working committee (CWC) member at its recent meeting. The MIC
leader has said some RM18 million MIED funds are missing.
The MIED hogged the CWC meeting with Samy Vellu allegedly hurling more accusations at Chitrakala, whose most recent action was a defamation suit against her mentor, his wife Indrani and Tamil Nesan.
Chitrakala, when contacted. said: "He (Samy Vellu) is entitled to say anything he likes to a group of people who are willing to listen to his tales without questioning him just as how he has been telling things about AIMST and MIED ownership.
"I have stated everything I need to say to the police and the court with documentary evidence. The truth is with them and it will prevail."
Sources said MIED founding member former MIC treasurergeneral Tan Sri M Mahalingam was also accused of financial mismanagement involving millions in the award of dentistry equipment to AIMST University at the CWC meeting.
While Chitrakala said she would be attending the meeting, Mahalingam is expected to stay away. The Malay Mail had reported last month that the 33 life members of MIED have not had a single official meeting since its incorporation 25 years ago. The life members currently comprise 25 members, seven trustees and the chairman Samy Vellu.
MIED life member S. A. Vigneswaran had said that the circular of resolutions were usually distributed to the members at the CWC meetings.
MIED leadership denied this saying all meetings were held during CWC meetings but were at a loss to explain the absence of those who were not CWC members.
Speculation over 5 new trustees aligned to party chief
KUALA LUMPUR: Three MIC stalwarts are expected to relinquish their positions on the eight-member MIED trustees board. They are founding member Tan Sri M. Mahalingam, Tan Sri G. Vadivello and Tan Sri K. Kumaran.
Sources said the number of trustees would be increased to 10, which means that apart from replacements of the three resigning trustees, there would be two additional members.
Speculation is the new trustees will be Datuk S. Veerasingam, Datuk Dr S. Subramaniam, Datuk M. Saravanan, Datuk T. Rajagopalu and Datuk K.S. Balakrishnan.
The sources said the new trustees are close aides of MIC chief Datuk Seri S. Samy Vellu and that their appointments again raised questions about the planned move to disassociate MIED from the MIC.
Public outrage surfaced last month over a reported move by Samy Vellu to “hijack” the entity — considered the jewel in the crown of the MIC — and place it under a foundation headed by him.
Samy Vellu had this month told the media that the MIED and MIC would remain as one while sources said he had said otherwise at the Central Working Committee (CWC) meeting before the news conference.
“Despite an assurance by the party president that MIED will remain part of the MIC, this new development has raised fresh doubts,” said a source.
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