Archive for June 27th, 2010

Would new Transport Minister support Port Klang Authority in withholding the next payment of RM772 million to KDSB turnkey contractor for the Port Klang Free Zone (PKFZ)?

Would the new Transport Minister, Datuk Seri Kang Cho Ha support Port Klang Authority (PKA) in withholding the next payment of RM772 million next month to Kuala Dimensi Sdn. Bhd. (KDSB) the turnkey contractor to Port Klang Free Zone (PKFZ)?

In September 2007, I was given the schedule of repayments by PKA to KDSB for RM4.6 billion from 2007 to 2017 in connection with bonds raised by KDSB and which plunged the country into the RM12.5 billion PKFZ scandal.

The schedule of repayments as reported to Parliament by the then Parliamentary Secretary to the Finance Ministry, Datuk Seri Dr. Helmi bin Yahya stipulates the following repayments to KDSB:

Year Amount (millions)

2007 RM510
2008 RM660
2009 RM660
2010 RM772
2011 RM487
2012 RM733
2013 RM170
2014 RM170
2015 RM170
2016 RM170
2017 RM179
Total` RM4,681

PKA has repaid KDSB RM1.83 billion from 2007 to 2009 and is scheduled to repay the RM772 million due this year in four parts between June 30 to July 31. Read the rest of this entry »


Political Parties Race To Register New And Young Voters

June 27, 2010
By Alan Ting

KUALA LUMPUR, June 27 (Bernama) — With more than four million eligible voters yet to be registered, political parties are now in a hurry to get them on the electoral rolls ahead of the next general election due in 2013.

Most of them are young Malaysians who have reached 21 years and are eligible to become voters but many have not done so as they usually do not bother to register.

Malaysia currently has 11 million registered voters out of a population of about 27 million.

Political analyst Ong Kian Ming said overall, between 25 and 30 per cent of Malaysian voters are expected to be below 35 years old by the next general election.

“This is significant when one considers the larger number of unregistered but eligible voters in Malaysia. There would also be two million Malaysians who would be eligible to vote for the first time in the next elections.

“This is in addition to the four million eligible voters, many believed to be under 30 years old, who did not register in time for the March 8, 2008 polls. In total, we are talking about six million potential voters who are most likely, to be opinionated, Internet-savvy and idealistic,” he added. Read the rest of this entry »