Chan Kong Choy challenged to
give full list of the 30 companies which had invested more than RM700
million in the Port Klang Free Zone (PKFZ), enumerating the investments of
each company, as I have been informed that the RM700 million figure is
by Lim Kit Siang
The reasons why Transport
Minister, Datuk Seri Chan Kong Choy chickened out from personally
appearing at the Transport Ministry press conference on the Port Klang
Free Zone (PKFZ) on Thursday seem to have become clearer – that he not
only wanted to avoid hard and embarrassing questions about his role and
responsibility in the RM4.6 billion PKFZ scandal, but he also wanted to
evade questioning on the Transport Ministry’s five-page statement on PKFZ.
This is because more and more questions are surfacing over the accuracy
and correctness of the statement, which strangely is being issued
anonymously, without the Transport Minister or anyone of his deputies
daring to put their name on it!
Some of these questions include:
Firstly, was the Transport Ministry right in putting the whole blame of
the ballooning of the cost of the PKFZ from RM1.1 billion to RM4.6 billion
on Jebel Ali Free Zone Authority (Jafza), the former PKFZ operator?
Was Jafza responsible for the scandalous price of RM1.8 billion or RM25
psf paid by Port Klang Authority (PKA) for the 1,000 acres for the PKFZ
from Kuala Dimensi Sdn. Bhd which had four years earlier bought it for
RM95 million or RM3 psf?
The Transport Ministry has failed to explain why it insisted on paying
Kuala Dimensi Sdn. Bhd. RM25 psf in the teeth of opposition byof the
Finance Ministry and the Attorney-General’s chambers which proposed that
the land be acquired compulsorily at the market value of RM10 psf.
The Transport Ministry said the PKA’s purchase price was reached because
of work done on the site, including land reclamation, drainage,
construction of access roads, installation of street lights, water
services and payment to various utility agencies.
If the recommendations of the Finance Ministry and the Attorney-General’s
Chambers had been followed, the price of the 1,000 acres for the PKFZ
would be RM720 million instead of the exorbitant RM1.8 billion – an
astronomical difference of Rm1.1 billion.
Is Chan really justifying the RM1.1 billion difference in the land price
on the ground of “work done on the site, including land reclamation,
drainage, construction of access roads, installation of street lights,
water services and payment to various utility agencies”?
Let Chan make public the costs of such “work done”, whether it was more
than RM10 million or RM20 million – when the difference is the gargantuan
sum of RM1.1 billion.
Secondly, the Transport Ministry statement said that to further promote
the PKFZ, PKA will participate in overseas trade missions, seminars and
exhibitions to attract investors. This gives the false impression that
such promotion had not been done before, when in fact PKA officials had
taken part in previous overseas trade missions, seminars and exhibitions
to attract investors with very poor results.
Thirdly, I challenge Chan to give the full list of the 30 companies which
had invested more than RM700 million in the Port Klang Free Zone (PKFZ),
enumerating the investments of each company, as I have been informed that
the RM700 million figure is grossly inflated.
Fourthly, on the Transport Ministry announcement that the government has
approved a soft loan to the tune of RM4.6 billion the PKA, will the terms
of the soft loan be so “soft” as to tantamount to a “give-away” and
bailout as PKA would have no means of repaying the RM4.6 billion
government “soft loan”? Furthermore, why is nobody taking responsibility
for the RM4.6 billion PKFZ scandal when the whole project was conceived to
be self-financing without having to incur a single ringgit of public
Chan should clarify and respond to these four points so that MPs, whether
from the ruling coalition or Opposition parties, would have the necessary
information to take part in an informed debate on the RM4.6 billion PFKZ
bailout scandal when Parliament reconvenes on Monday, starting with my
urgent motion on the subject.
In fact, Chan should seriously consider whether he would have to resign as
Transport Minister for his role and responsibility in the RM4.6 billion
Opposition Leader, MP for Ipoh Timur & DAP Central Policy and Strategic
Planning Commission Chairman