Sunday, June 28, 2009

So how much is PKFZ costing us?



span style="font-size:180%;"/spandiv style="text-align: justify;"blockquotespan style="font-size:180%;"Not RM12 b, says Minister. /spanIn 07, when the story broke, the PKFZ was referred to as the "RM4.6 billion fiasco". The RM12 billion figure was the estimated cost of the project given by PWC in its contentious report to the government. Transport Minister Ong Tee Keat said a href="http://www.nst.com.my/Current_News/NST/Monday/Frontpage/20090622105733/Article/index_html"span style="font-style: italic;"here/span/a the actual cost "has not been finalised".br /Is it bigger than RM12 billion, then? OTK will make his much-awaited ministerial statement on PKFZ in Parliament in a few minutes. span style="font-style: italic;"Suspense./spanbr /br /a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhMWRKZqY-Q8voB2QUivIzcypuLwoJnuY0uMk4xrytMAMfbhC3B6nHc697Urmbjyz_QK7g5tf6stYOCPIsdA2sw06pZAdPZMDIEOfVXymReceH0g1KWIo6rYsLRZ6mdPC2o8ceqbXqbtHM/s1600-h/faizal+abdullah.jpg"img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 151px; height: 200px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhMWRKZqY-Q8voB2QUivIzcypuLwoJnuY0uMk4xrytMAMfbhC3B6nHc697Urmbjyz_QK7g5tf6stYOCPIsdA2sw06pZAdPZMDIEOfVXymReceH0g1KWIo6rYsLRZ6mdPC2o8ceqbXqbtHM/s200/faizal+abdullah.jpg" alt="" id="BLOGGER_PHOTO_ID_5349991712436640162" border="0" //ap.s. It's certainly ain't RM12 b or RM4.6 b for Faizal Abdullah, the Group Deputy CEO of Wijaya Baru Global Bhd, the company involved in developing PKFZ. In an interview with the NST (published on Saturday and Sunday), the pissed-off Faizal said it's not even RM1.2 billion (the original cost of the project) as far as the company is concerned.br /"We have been paid only span style="font-weight: bold;"RM300 million/span for our troubles," he told me at during a meeting last week.br /Faizal and co are considering sueing the government and PWC for those "troubles", too.br /br /Watch this space for updates.br //blockquote/divdiv class="blogger-post-footer"img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/28452020-7841235304690237669?l=rockybru.com.my'//div

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