RM4.6b PKFZ scandal – Kong Choy should seriously consider resignation

The reasons why Transport Minister, Datuk Seri Chan Kong Choy chickened out from personally appearing at the Transport Ministry press conference on the Port Klang Free Zone (PKFZ) on Thursday seem to have become clearer — that he not only wanted to avoid hard and embarrassing questions about his role and responsibility in the RM4.6 billion PKFZ scandal, but he also wanted to evade questioning on the Transport Ministry’s five-page statement on PKFZ.

This is because more and more questions are surfacing over the accuracy and correctness of the statement, which strangely was issued anonymously, without the Transport Minister or anyone of his deputies daring to put their name on it!

Some of these questions include:

Firstly, was the Transport Ministry right in putting the whole blame of the ballooning of the cost of the PKFZ from RM1.1 billion to RM4.6 billion on Jebel Ali Free Zone Authority (Jafza), the former PKFZ operator?

Was Jafza responsible for the scandalous price of RM1.8 billion or RM25 psf paid by Port Klang Authority (PKA) for the 1,000 acres for the PKFZ from Kuala Dimensi Sdn. Bhd which had four years earlier bought it for RM95 million or RM3 psf?

The Transport Ministry has failed to explain why it insisted on paying Kuala Dimensi Sdn. Bhd. RM25 psf in the teeth of opposition of the Finance Ministry and the Attorney-General’s chambers which proposed that the land be acquired compulsorily at the market value of RM10 psf.

The Transport Ministry said the PKA’s purchase price was reached because of work done on the site, including land reclamation, drainage, construction of access roads, installation of street lights, water services and payment to various utility agencies.

If the recommendations of the Finance Ministry and the Attorney-General’s Chambers had been followed, the price of the 1,000 acres for the PKFZ would be RM720 million instead of the exorbitant RM1.8 billion — an astronomical difference of RM1.1 billion.

Is Chan really justifying the RM1.1 billion difference in the land price on the ground of “work done on the site, including land reclamation, drainage, construction of access roads, installation of street lights, water services and payment to various utility agencies”?

Let Chan make public the costs of such “work done”, whether it was more than RM10 million or RM20 million — when the difference is the gargantuan sum of RM1.1 billion.

Secondly, the Transport Ministry statement said that to further promote the PKFZ, PKA will participate in overseas trade missions, seminars and exhibitions to attract investors. This gives the false impression that such promotion had not been done before, when in fact PKA officials had taken part in previous overseas trade missions, seminars and exhibitions to attract investors with very poor results.

Thirdly, I challenge Chan to give the full list of the 30 companies which had invested more than RM700 million in the Port Klang Free Zone (PKFZ), enumerating the investments of each company, as I have been informed that the RM700 million figure is grossly inflated.

Fourthly, on the Transport Ministry announcement that the government has approved a soft loan to the tune of RM4.6 billion to the PKA, will the terms of the soft loan be so “soft” as to tantamount to a “give-away” and bailout as PKA would have no means of repaying the RM4.6 billion government “soft loan”? Furthermore, why is nobody taking responsibility for the RM4.6 billion PKFZ scandal when the whole project was conceived to be self-financing without having to incur a single ringgit of public funding?

Chan should clarify and respond to these four points so that MPs, whether from the ruling coalition or Opposition parties, would have the necessary information to take part in an informed debate on the RM4.6 billion PKFZ bailout scandal when Parliament reconvenes on Monday, starting with my urgent motion on the subject.

In fact, Chan should seriously consider whether he would have to resign as Transport Minister for his role and responsibility in the RM4.6 billion PKFZ scandal.

  1. #1 by raven77 on Saturday, 25 August 2007 - 3:02 am

    Resign…no way…skin too thick…….just mark his grave……..I think generations to come will know what to do with it…..

  2. #2 by sheriff singh on Saturday, 25 August 2007 - 3:14 am

    Government already “replied”. Given soft loan. Everything’s OK now. No more problems. No need debate on Monday.

    Its already a non issue. They will just ignore, ignore, ignore.

    Makes your blood boil doesn’t it? But thats how its going to be, like the many cases that have come before.

    Remember the “methodology” issue? 18.9 %, 45%, 34%, 24% back to 18.9%. They promised to give us the methodology but instead gave us a lot of mumbo jumbo that the figure is indeed 18.9%. And that’s final. The issue is forgotten now.

    And so it will be for PKFZ. Merdeka will overshadow it and by next weekend, PKFZ? What’s that?

  3. #3 by sheriff singh on Saturday, 25 August 2007 - 3:18 am

    The issues that you have raised, well, you are also in the Public Accounts Committee, aren’t you? Ask them there, press for answers, summon Kong Choy etc.

    But don’t let Shahrir bury the issue or cancel the meeting like he did before, remember?

  4. #4 by undergrad2 on Saturday, 25 August 2007 - 6:59 am

    I think it is time that this Transport Minister be transported away in the middle of the night to an undisclosed location. What say you??

  5. #5 by wtf2 on Saturday, 25 August 2007 - 7:42 am

    on corruption, ACA will vindicate all those associated with this mess.
    On leadership, they just need to say saya tak tau
    whichever commision that can probe this mess will not be empowered to do so

    So wish on Malaysians while the ruling party robs us blind and burden the nation to the verge of bankruptcy.

    How much they skim will be proportional by the amount of reserves Malaysia has. No accountability required, no explanation required, they will just get filthy rich. The finance ministry is like an eunuch, no voice, no power, just claim tak tau…

  6. #6 by smeagroo on Saturday, 25 August 2007 - 10:04 am

    we will end up worst than Phillipines and Indonesia.

  7. #7 by madmix on Saturday, 25 August 2007 - 10:07 am

    what is this 10% profession fee that costs hundreds of millions?

  8. #8 by pwcheng on Saturday, 25 August 2007 - 11:19 am

    This is not the first time this is happening and I can assure you this won’t be the last time either. It is either we have idiots or immoral and dishonest Government officials and Ministers. The latter is more like it, but either way we cannot accept this type of government whereby everything they do looks shady and creepy including elections.
    We have to find the answer of how to kick them out. WE HAVE TO DO IT AND WE MUST DO IT!!

  9. #9 by badak on Saturday, 25 August 2007 - 12:44 pm

    They got a spin DR,to come up with a great story,will see profit in 5 yrs ,80 % occupentcy in 5 yrs, RM80 million collect in 7 yrs, Tell us where this figures came from ,even if the figures are true the RM80 million can,t even pay the interest on the soft loan from the corrupted goverment,

    So how much did those idiots pay the spin DR,P.A.C can stop investigating they will just waste money on the investigation ,because the results will be the same,semua nya ok,And the so call god fearing P.K.A. BLOOD SUCKERS, WILL SAY ” We are clean its just the opposition propergander before election,So come election B.N wins again ,and we will wait for another bail out to happen,MALAYSIA BOLEH B.N LAGI BOLEH

  10. #10 by dawsheng on Saturday, 25 August 2007 - 12:45 pm

    This is because more and more questions are surfacing over the accuracy and correctness of the statement, which strangely was issued anonymously, without the Transport Minister or anyone of his deputies daring to put their name on it!

    To con, cheat, swindle, plunder, corrupt, it always has to be anonymous.

  11. #11 by bystander on Saturday, 25 August 2007 - 1:07 pm

    10% professional fee is based on costs. The more costs the more fee. Thats why the initial costs have increased from about RM 1.1B to say RM 4.6b. It does not matter whether it is feasible or not. Since when professionals are liable for losses. With due respect I think PKFZ has been partly taken for a ride by Jafza. PKFZ is too gullible and a sucker. This could all be working hand in gloves.

  12. #12 by k1980 on Saturday, 25 August 2007 - 1:14 pm

    Don’t worry-lah. The transport ministry will soon recoup the RM4.6billion, simply by raising the price of petrol, road tax, tolls ect. Enough money left over from this collection to send a dozen more more monkeynauts to space

  13. #13 by AntiRacialDiscrimination on Saturday, 25 August 2007 - 1:32 pm

    Resignation? Never heard of this in Malaysia history.
    Not only Zakaria is above the law, everyone in the BN government is above the law.
    Only layman like Wee Meng Chee would be jailed for rapping the Mamula Moon.

  14. #14 by Libra2 on Saturday, 25 August 2007 - 3:37 pm

    Not only that . They wanted to strip Wee of his citizenship as well.
    These white collar robbers are more patriotic that Wee.
    They get titles for fleecing and plundering the country. Those who criticise them are considered traitors.
    This country is standing on it’s head now. Everything is upside down.

  15. #15 by ENDANGERED HORNBILL on Saturday, 25 August 2007 - 5:02 pm

    The pictures are so gloomy under this corrupt BN administration, I could weep like Shakespeare…

    “If you have tears, prepare to shed them now…”

    “Let us seek out some desolate shade and there
    Weep our sad bosoms empty.”

    Malaysia is stewing in its vomit like the witches’ cauldron in Macbeth? Parallels exist when BN ingredients are double-boiled and bubbled in its venomous pot:

    1st Witch:
    “Round about the cauldron go;
    In the poisoned entrails throw.
    Toad, (and monkeys too), that under cold stone
    Days and nights has thirty-one
    Sweltered venom sleeping got,
    Boil thou first i’ th’ charmed pot.

    ALL 3 Witches:
    “Double, double toil and trouble;
    Fire burn and cauldron bubble.

    2nd WItch:
    Fillet of a fenny snake,
    In the cauldron boil and bake;
    Eye of newt and toe of frog,
    Wool of bat and tongue of dog,
    Adder’s fork and blind worm’s sting,
    Lizard’s leg and howlet’s wing,
    For a charm of powerful trouble,
    Like a hell-broth boil and bubble.

    3rd Witch:
    “Scale of dragon, tooth of wolf,
    Witches’ mummy, maw and gulf
    Of the ravined salt-sea shark,
    Root of hemlock digged i’ th’ dark,
    Liver of blaspheming Jew,
    Gall of goat, and slips of yew
    Slivered in the moon’s eclipse,
    Nose of Turk and Tartar’s lips,
    Finger of birth-strangled babe
    Ditch-delivered by a drab,
    Make the gruel thick and slab.
    Add thereto a tiger’s chauldron,
    For th’ ingredience of our cauldron.”

    Hello, Malaysia, have we missed anything? Guess who are the witch parties of BN? No prizes for those Weird Sisters.

  16. #16 by Godfather on Saturday, 25 August 2007 - 5:53 pm

    Why should Chan Kong Choy take the rap if all the other actors who figured in this scandal – Ling Liong Sik, OC Phang, Azim, Khir Toyo to name a few – have not been asked to explain their actions ?

    This is an Ali-Baba scheme at its finest, so if Baba falls, he might just take Ali down with him. In Bolehland, everyone in BN is above the law.

  17. #17 by k1980 on Saturday, 25 August 2007 - 7:30 pm

    Photos of the monkeys (minus Chan KC) responsible for the PKFZ
    Quote of the (Malaysian Cuckoo) century: “I would bet my mother, my father, my wife and my children that these people will still be in positions of power, authority and influence after the next general election.” How very true…

  18. #18 by bystander on Saturday, 25 August 2007 - 8:26 pm

    A bunch of UMNo crooks as shown by Aisehman working hand in gloves. And they called themselves muslims.

  19. #19 by shortie kiasu on Saturday, 25 August 2007 - 9:07 pm

    He or any other Malaysian Ministers wiill never resign and take responsibilities for their failures, not in the history of the country, not in the political culture here in Malaysia.

    There no feeling of shame for failings, there is no sense of feeling respoonsible to the rakyat who voted them. None will remember that. None will stand up honourably to be counted when the going gets tough, when they fail utterly.

  20. #20 by Justicewanted on Saturday, 25 August 2007 - 10:45 pm

    Just get a script writer and write a nice story and hope that it will convince the public.

    The public are not idiots. Do CKC thinks that he has given a good explanation.

    All the figures are not supported by details or breakdown, there is no cashflow. The figures are just plucked from the sky.

    Ask CKC to present his “business plan” or “rescue plan” to the banks and see whether it will be approved.

    I can guarantee him with such a flimsy write up the bankers will not even consider giving a cent to PKA.

    Now the Bodowi government just approves the soft loan.

  21. #21 by poo on Sunday, 26 August 2007 - 12:00 am

    Imagine what we can do with the 4 + billion! I think half of poor people in malaysia would benefit from this amount; Which mean the malaysian is poorer now when we need to bailout such stupid project. Isn’t the tax payers got a option here? we OBJECT to wrongful use of public fund and we OBJECT our fund being use by moron and corrupted individual for their own gain. PM Badawi, leave the bail out option out first, ask the rakyat what they want first and first of all, who should be responsible for this mess, is everyone in KLANG also a sultan and above the law in KLANG, we need answer quick!!!

  22. #22 by k1980 on Sunday, 26 August 2007 - 9:10 am

    If you think BN can be defeated democratically, think again!

  23. #23 by bnrasuah on Sunday, 26 August 2007 - 9:25 am

    Ashame to be a Malaysian. There is no difference between Malaysia and Pakistan anymore. Even Indonesia is much better than us now. Shame shame shame on us.

  24. #24 by art-upon-mu on Sunday, 26 August 2007 - 3:47 pm

    Chan to resign? Why? What sin had he committed? RM4.6 billion is chicken feed, by Malaysia standard. As the PM said, Malaysia is kaya raya.

    Look at Ling LS. Did he resign while he was a minister? He is a Tun now. Well rewarded. So are many other former ministers.

    People, don’t up your blood pressure because of these ministers, UMNO and non-UMNO ones. Relax, accept the fact of life here, and be happy that it is we who elected them to serve us. WWSIWEG (what we see is what we get).

  25. #25 by art-upon-mu on Sunday, 26 August 2007 - 3:48 pm

    Ashame to be a Malaysian? Then don’t be. Quit and ship out. Just do it!

  26. #26 by TheWrathOfGrapes on Monday, 27 August 2007 - 2:54 pm

    um-nopu-tra – what, you think Malaysians are Nike shoes?

  27. #27 by Godfather on Monday, 27 August 2007 - 11:06 pm


    You are absolutely right. The Chinese can only bark, but they can’t bite. That is why Badawi is now saying that Bolehland is an Islamic state. An Islamic state that condones theft, lies and deceit.

  28. #28 by concerned_citizen on Sunday, 2 March 2008 - 12:30 pm

    CKC is emigrating to Australia after the GE. In the paper stated that he has already have a PR and house there. Not to forget that plenty of money to be spent which never finish even after he retire to grave yard!

    Shame on you Chan and those MCA DOGS!

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