The argumentative Maju Expressway (MEX) concessions endowment is a "clear-cut" e.g. of how a BN allows a cronies to milk taxpayers' funds, pronounced PJ Utara MP Tony Pua.
"The MEX is a most clear-cut box of making tax-payers' pay for a building a whole of a highway, as well as subsequently allowing a BN crony to milk a tax-payers serve by charging toll, in this case, over a period of 33 years. "There is no better e.g. of how a BN supervision as well as a cronies have been conducting main road spoliation in extended daylight," he pronounced in a matter today.
Pua (l! eft ) was responding to yesterday's inform where PKR plan executive Rafizi Ramlidemanded a returnof a supervision accede to of RM976.7 million since to Maju Holdings during a building a whole of MEX, following a sale of a benefaction to EP Manufacturing Berhad (EPMB) for RM1.7 billion.
Rafizi, calculating approximately that Maju had only outlayed RM60 million for a entire project, charged a company for making a "windfall" upon a sale at a expense of a rakyat, who had borne a large chunk of a highway's cost.
Pua pointed out, "The subject that needs to be asked is if a supervision can already account thr! ee quart ers of a main road building a whole project, because was there even a need to 'privatise' it to a private sector? "Why couldn't a supervision raise a serve small sum of RM343 million to finish a! main ro ad without privatisation? Needless to say, a endowment of a stipulate was finished around approach negotiations without any open tender."
Pua, who is also DAP inhabitant publicity secretary, pronounced Maju's 2007 benefaction agreement had been amended multiform times through supplemental agreements in 1998, 2003 as well as 2006.
"The contents in a agreement have been still a mystery as of currently as a MEX agreements was mysteriously not included when alternative highways agreements were declassified by a cabinet in November 2008," he said.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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