Archive for July 1st, 2009
Penang Kampung Buah Pala controversy – Koh Tsu Koon should speak up as to whether he would make amends for his decisions as Penang Chief Minister by securing Federal Government grant to Penang State Government to resolve issue with “a stroke of the pen”?
The former Penang Chief Minister and now Minister in the Prime Minister’s Department, Tan Sri Dr. Koh Tsu Koon should speak up as to whether he would make amends for his decisions as Penang Chief Minister in the Kampung Buah Pala, Penang controversy by securing a Federal Government grant to Penang State Government to resolve the issue with “a stroke of the pen”?
The Penang Pakatan Rakyat government is now caught in a vice created by Koh’s administration although it had prevented the eviction of the residents in the area since the middle of last year.
Firstly, Koh must explain why as Chief Minister, his Executive Council had approved the state government land of Kampung Buah Pala to Koperasi Pegawai Kerajaan Pulau Pinang, first time on 18th August 2004 and second time on 8th June 2005 at a very low premium of RM6.42 million or RM20 per square feet.
Secondly, why Koh and his Exco subsequently halved the premium to RM3.21 million or only RM10 psf on the recommendation of the Umno Deputy Chief Minister – far below the market price of the prime land.
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Is OTK prepared to convene a emergency MCA general assembly to secure endorsement for his handling of the RM12.5 billion PKFZ scandal as it is going to be Ong and MCA’s Achilles heel in next general election?
Posted by Kit in Good Governance, PKFZ on Wednesday, 1 July 2009
My three questions (No.97 to No. 99) on the 33rd day in the current series to Transport Minister Datuk Seri Ong Tee Keat on the RM12.5 billion Port Klang Free Zone (PKFZ) scandal today are:
Question No. 1: I welcome the announcement by the Port Klang Authority (PKA) Chairman Datuk Lee Hwa Beng on the withholding of RM660 million in the next drawdown of the government’s soft loan of RM4.6 billion to pay the PKFZ turnkey developer Kuala Dimensi Sdn. Bhd. (KDSB) for the PKFZ land and construction.
Only yesterday, I had asked whether Ong would order a halt to all payments to KDSB until a full inquiry and parliamentary accountability on the PKFZ scandal is completed.
A week ago, I had publicly called on the Cabinet to stop making further payments for the troubled PKFZ until all issues related to the accountability and integrity of the project are resolved.
This was reported in the Edge on June 24 under the report: “Kit Siang: Govt should consider stop making payments on PKFZ”, which states:
The project to develop a transhipment hub hogged the limelight for the wrong reasons after its cost escalated from an initial estimate of RM1.96 billion to about RM4.5 billion. The owner of PKFZ — Port Klang Authority (PKA) — is unable to meet its debt obligations on bonds raised to finance the development, prompting the Ministry of Finance (MoF) to provide a RM4.6 billion soft loan to ensure PKA meet the obligations.
The next drawdown of the MoF soft loan is scheduled next week.
On this, Lim said the cabinet should meet to decide whether to stop payment or consider other available options. Read the rest of this entry »
If The Tang Hak Ju Land Scam Involving Undeveloped Quarry Land For A Period Of 15 Years May Finally Cost The State Government RM 40 Million, Forcible Acquisition Of Kampung Buah Pala Involving Developed Land Would Be Of A Frightening Magnitude
By Lim Guan Eng
If The Tang Hak Ju Land Scam Involving Undeveloped Quarry Land For A Period Of 15 Years May Finally Cost The State Government RM40 million (RM29 million + Interest), Forcible Acquisition Of Kampung Buah Pala Involving Developed Land Would Be Of A Frightening Magnitude.
The Penang state government wishes to rebut the lies of Hindraf leaders and collaborators of BN and MIC who claims that acquiring Kampung Buah Pala would cost at the most RM30 million or even very much less. Where is it stated in the land acquisition laws or approved by the courts that government can acquire land for the public interest at a sum far below the market price?
If the Tang Hak Ju land scam involving undeveloped quarry land for a period of 15 years may finally cost the state government RM40 million (RM29 million + interest), forcible acquisition of Kampung Buah Pala involving developed land would be of a frightening magnitude. The Penang state government simply does not have the financial capability to afford the acquisition of Kampung Buah Pala. We are not talking of millions of ringgit. Neither are we talking of tens of millions of ringgit here!
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