"Bank has no
authority to meet housebuyers"
24/08/2004 The
Malay Mail
KUALA LUMPUR : As a financier, Affin Bank Berhad has no authority to meet
property purchasers on the fate of Villaria Apartment in Taman Desaria,
Jalan Klang Lama.
Its recovery department manager, Tan Keng Tiong, said since the project is
under receivership and manager (R&M), the bank cannot meet buyers of the
apartment units because it is not the developer.
"We are only the financier. We don't meet purchasers because once we meet
them, it would look like we are committing ourselves to the project," he
added.
Kelana Jaya MP Loh Seng Kok who had raised the problem in Parliament
recently said he has written to the Housing and Local Government Ministry to
look into the matter.
"I am waiting for the Ministry's reply. I urge the buyers to be patient as I
am doing my best to help them," he said.
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