Archive for August, 2009

PKFZ: Five accused of conspiracy

Wednesday, August 26th, 2009

PUTRAJAYA (Aug 26, 2009): Port Klang Authority (PKA) chairman Datuk Lee Hwa Beng today upped the ante on the controversial Port Klang Free Zone (PKFZ) project issue by lodging a report at the Malaysian Anti-Corruption Commission (MACC) against three individuals and two companies involving disputed claims amounting to RM740 million. He submitted two voluminous... »

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KDSB proposes early redemption of bonds

Wednesday, August 26th, 2009

KUALA LUMPUR (Aug 26, 2009) : Port Klang Free Zone (PKFZ) turnkey developer Kuala Dimensi Sdn Bhd (KDSB) has suggested an early redemption of the bonds issued to finance the project to help reduce costs from the current RM4.6 billion to as low as RM3.2 billion. KDSB deputy chief executive officer Datuk Faizal Abdullah... »

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PAC to grill Kuala Dimensi tomorrow

Tuesday, August 25th, 2009

KUALA LUMPUR (Aug25, 2009): Kuala Dimensi Sdn Bhd, the turnkey contractor in the scandal-hit Port Klang Free Zone (PKFZ) project, will be grilled by the Public Accounts Committee (PAC) tomorrow. It is not known if the company’s chief executive officer, Datuk Seri Tiong King Sing, who is also the Bintulu MP and Barisan Nasional... »

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Resolve PKFZ dispute amicably: Muhyiddin

Thursday, August 20th, 2009

MUAR (Aug 20, 2009): Tan Sri Muhyiddin Yassin wants both the parties who are embroiled in a dispute over the Port Klang Free Zone (PKFZ) issue to resolve the matter amicably. The deputy prime minister said quarrelling in the open would not only affect the Barisan Nasional’s chances in the Permatang Pasir state by-election... »

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Why double standards?

Wednesday, August 19th, 2009

WILL the Malaysian Anti-Corruption Commission (MACC) explain the difference in methods used in its investigation of Wong Chuan How, aide to Selangor excecutive councillor Ronnie Liu, and Datuk Tiong King Sing, Kuala Dimensi Sdn Bhd CEO and Backbenchers’ Club chairman? In the case of Wong, three MACC officers went to his office and attempted... »

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Too much trust placed in PKFZ management: PAC

Wednesday, August 19th, 2009

KUALA LUMPUR (Aug 19,2009) : The former board members of the Port Klang Authorty (PKA) had placed too much trust in the Port Klang Free Zone (PKFZ) management in making decisions, resulting in the mismanagement of the project, Public Accounts Committee chairman Datuk Seri Azmi Khalid said today. He said the PAC found out... »

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MCA has to intervene in PKFZ issue, says sec-gen

Tuesday, August 18th, 2009

JOHOR BARU ( Aug 18, 2009) : The MCA did not intend to intervene but when it was implicated in the Port Klang Free Zone (PKFZ) issue, it had to make a stand and clarify the matter, said party secretary-general Datuk Wong Foon Meng. “As a party, we would not like to intervene but... »

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Tee Keat can depend on my full support to oppose attempts by Kuala Dimensi Sdn. Bhd to put the lid to block accountability and exposure of causes of the RM12.5 billion PKFZ scandal

Monday, August 17th, 2009

It has been reported that Kuala Dimensi Sdn. Bhd (KDSB), the turnkey contractor for Port Klang Free Zone (PKFZ) has challenged the legality and legitimacy of the appointment of Datuk Lee Hwa Beng as the Port Klang Authority (PKA) Chairman. The deputy CEO of KDSB Datuk Faizal Abdullah has issued an ultimatum to the... »

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30-member MACC task force into PKFZ scandal – public inquiry needed why MACC (previously ACA) failed to charge anyone although the first report on PKFZ was lodged some four years ago

Friday, August 14th, 2009

The Malaysian Anti-Corruption Commission has announced a 30-member task force to investigate corruption in the RM12.5 billion Port Klang Free Zone (PKFZ) scandal. In announcing this, MACC Deputy Commissioner Datuk Abu Kassim Mohamad said the MACC task force would investigate the findings of an earlier special task force set up to probe the legal... »

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Ong lodges police report against Tiong

Thursday, August 13th, 2009

KUALA LUMPUR (Aug 13, 2009): MCA president Datuk Seri Ong Tee Keat lodged a police report today against tycoon parliamentarian Datuk Seri Tiong King Sing for alleged criminal defamation when he made a public statement that Ong had taken a RM10 million “loan” from him. Tiong, who is chief executive officer of Port Klang... »

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