KUALA LUMPUR, Oct 6 Tun Dr Mahathir Mohamad signed off on a supervision inform recommending Putrajaya acquire, as well as not buy, a financially non-viable Pulau Indah land for a Port Klang Authority (PKA), a High Court here heard today.
The Oct 23, 2002 inform prepared by a Finance Ministry, headed by then-Prime Minister Dr Mahathir, forked out a land had many encumbrances as well as caveats as well as suggested a supervision make use of a Land Acquisition Act instead.
Former Treasury deputy secretary-general Datuk Abdul Rahim Mokti, who helped prepare a report, pronounced landowners Kuala Dimensi Sdn Bhd (KDSB) as well as Koperasi Pembangunan Pulau Lumut Bhd (KPPLB) had used a land as collateral for loans "many times".
He told Tun Dr Ling Liong Sik's cheating trial KDSB alone had mortgaged a land six times as well as due banks some RM380 million.
Abdul Rahim additionally pronounced Treasury secretary-general Tan Sri Shamsudin Hitam had additionally endorsed that a land be acquired in a Jun 19, 2001 minute to his reflection in a Transport Ministry as it was cheaper as well as simpler option than buying it.
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