Parti Sosialis Malaysia (PSM) Secretary-General A Sivarajan told FMT this was because the motoring body had yet to make any announcement that the RM7.5 million from the sale of the building would go towards settling the salary woes faced by its staff.
“The money may be used for other purposes.Ultimately, the management of AAM has the final say on what the money will be utilised for.”
Yesterday, it was reported that the cash-strapped AAM had sold off its headquarters in Shah Alam to WWRC Holdings Sdn Bhd, a chemical solutions company with Taiwanese and Singaporean directors.
The Sun report said, however, that the transaction had not been done with the consent of its members. It said the AAM had reportedly received 10 per cent of the selling price of RM7.5 million in May, and that it had only called to convene a special general meeting in October to gain approval for the already concluded sale.
Sivarajan said it was not impossible for AAM to fall into further dire straits in the days to come, with more branches expected to shut down.
“My advice to AAM workers is: Don’t quit your jobs before getting your salaries, and continue pursuing the matter with the Labour Department.”
PSM has in the past championed the cause of disgruntled AAM employees.
According to AAM staff, the body could also face action from the Employees Provident Fund as it had not paid up its share of contributions over the past one year.
FMT tried to contact AAM Chairman Tunku Mudzaffar Tunku Mustapha and his deputy Wan Zaharuddin Wan Ahmad, but to no avail.
Yesterday’s report also claimed that the AAM headquarters was sold at below market price.
The country’s premier motoring authority has been in the news in the past few months for defaulting on salary payments to its staff.
AAM’s financial position, including the list of its assets and fixed deposits, had dwindled over the years and it faces demands for refunds of annual fees from its members.