How did Kepong MP Lim Lip Eng reach RM2.25m in three days?

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Kepong MP Lim Lip Eng Reached RM2.25 Million Crowdfunding Target in Three Days

Kepong Member of Parliament Lim Lip Eng successfully raised RM2.25 million through a crowdfunding campaign within just over three days, exceeding his target to cover compensation and legal costs stemming from a defamation lawsuit. The urgent fundraising effort was initiated on Friday, March 17, and by Monday, March 20, the full amount had been collected, demonstrating significant public support for the MP. Lim has since requested that further donations cease, with a licensed auditor to be appointed to ensure the transparent and accountable management of the funds.
Public Response to Defamation Lawsuit Costs

The crowdfunding campaign was launched by Lim to address a High Court order mandating him to pay RM2 million in compensation and RM250,000 in legal costs to MonSpace (M) Sdn Bhd and its founder, Datuk Seri Jessy Lai. The lawsuit originated from remarks Lim allegedly made in 2017 regarding the company's investment scheme. Lim stated he had been assisting victims of investment scams and became involved in this particular case while trying to help a group of individuals in 2016. The swift achievement of the RM2.25 million goal highlights a strong public response to his situation, with supporters contributing generously to help him meet the court's financial obligations.
Legal Proceedings and Appeal Status

Despite the successful crowdfunding, Lim has filed an appeal against the High Court's decision. However, to avoid potential bankruptcy and disqualification as a Member of Parliament, he is required to pay the ordered sum while the appeal is pending. Lim's lawyer confirmed that an appeal was lodged against the High Court's ruling and that preparations are underway to apply for a stay order. This stay order, if granted, would suspend the High Court's order until the Court of Appeal makes a final decision on the matter.
Commitment to Charitable Donation

Lim had previously pledged that if his appeal is successful and the RM2.25 million is returned, he intends to donate the entire sum to various charitable and educational bodies. This commitment underscores a broader intention to ensure that any funds recovered from the lawsuit are ultimately used for public benefit. The collected donations are being held in the client's account of the law firm representing him, a standard practice for holding funds on trust during legal proceedings.

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How did Kepong MP Lim Lip Eng reach RM2.25m in three days?

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