Ramanan denies RM9.5m allegation, says he is not “Mr R” and has never met Victor Chin, calling claims baseless and politically motivated.
SUNGAI BULOH: PKR vice-president Datuk Seri R. Ramanan has strongly denied any involvement in multi-million share transactions or corporate misconduct, insisting he is not “Mr R”, the mysterious figure named in statements by businessman Victor Chin.
Speaking at a press conference, Ramanan dismissed claims that he was the PKR MP allegedly receiving tens of millions of shares from Chin. He said he had no connection to the so-called “corporate mafia” scandal circulating in the media.
He also denied receiving any share transactions, stressing that trades involving MPs would have been flagged by regulatory bodies such as Bank Negara and the Securities Commission (SC).
“Hundreds of thousands, if not millions, of shares were supposedly sent to me. Prove it. I do not hold any public shares. None. Not a single one.
“We have the Securities Commission. We have Bank Negara. Are you seriously suggesting that such transactions could just pass through the system, linking administrative members and MPs without triggering any alarms? That’s utterly ludicrous,” he added.
Ramanan labelled Chin’s statements “wild accusations” and a “dirty narrative” aimed at undermining the government and sowing confusion in political circles.
The Human Resources Minister described Chin not as a mafia figure, but as a “corporate devil” with no ethics or mercy.
“Why are we giving credibility to someone who operates 500 linked accounts — more than even the country’s billionaires?
“How much tax has he paid to run companies this way?” he asked.
Ramanan also challenged Chin to name the MP he claimed was involved, reinforcing that the accusations were baseless.
He further questioned Chin’s credibility, noting the businessman’s repeated claims that authorities, including the Malaysian Anti-Corruption Commission (MACC), Bank Negara and the police, were targeting him.
He described Chin’s tactics as an attempt to portray himself as a victim, potentially to seek political asylum in the United Kingdom.
“This is a strategy to paint himself as the victim so he can get political asylum. That’s why he blames everyone, playing the victim. Every day it’s a different story.
“Why give credibility to someone with hundreds of police reports filed against him and his companies?” Ramanan asked.
He dismissed any suggestion that he colluded with Chin.
“How can I take RM9.5 million from someone I have never met or known? I have never met Victor Chin. I have never spoken to him.
“But they want to link me to this. The narrative is evil,” he said.
Ramanan said his team in Sungai Buloh will file police reports to allow authorities to investigate Chin’s actions.
When asked about “Mr R”, he said only Chin himself could answer and warned that some irresponsible parties were attempting to link him to the scandal.
He reiterated that attempts to paint him as “Mr R” were politically motivated and aimed at destabilising PKR and the government.
He left it to Chin to face Malaysian authorities.
“Return to Malaysia. If you are truly innocent, don’t sit overseas, smoke cigars and hide.
“This is a country of law. Arrest warrants have been issued. Face the charges. Defend yourself in court. Nothing happened to those who did,” he said.
The claims surfaced after Chin released a 40-page document outlining the alleged timeline of events.
In it, he alleged that a Pakatan MP requested RM10 million to resolve the matter, though he said he had only been able to provide RM9.5 million initially.
