PKPMP refutes statement by Auctioneers Council of Malaysia president

18 Mar 2018 / 20:33 H.

    PUTRAJAYA: The office of the Chief Registrar of the Federal Court (PKPMP) Malaysia has refuted the statement by the president of the Malaysian Auctioneers Council Mustafa Osman that the e-Lelong (e-Auction) had been implemented without appropriate consultation with the relevant parties.
    The Chief Registrar of the Federal Court Datuk Seri Latifah Mohd Tahar said the e-Lelong System was launched on a pioneer basis and four engagement sessions had been held and attended by Mustafa as president of the Malaysian Auctioneers Council.
    The four engagement sessions were held on Nov 28, 2015, March 1, 2016, June 23, 2016 and Feb 16, 2017 where the interested parties concerned that attended included Attorney-General's Chambers, the Bar Council of Malaysia, representatives of financial institutions and licensed auctioneers representatives, the Malaysian Auctioneers Council and State Auctioneers Associations.
    Latifah said the PKPMP had always recognised the assistance provided by the licensed auctioneers which had helped the court previously but in line with the modernisation of the digital technology, the implementation of the e-Lelong System was a necessity in the interest of the people as a whole.
    Latifah was commenting on the Malay Mail Online report yesterday entitled "Don't Blindside Auctioneers With Online System, Putrajaya Told", where Mustafa had said that the proposed electronic platform to auction off foreclosed property was drawn up without proper consultation with stakeholders. — Bernama

    thesundaily_my Sentifi Top 10 talked about stocks