Damning PKFZ report singles out Kong Choy
KUALA LUMPUR, Sept 8 – A confidential report by a government-appointed task force probing one of Malaysia’s biggest financial scandals has identified serious breaches on the part of several government officials, including a former minister.
The breaches led to billions of dollars in losses at a tottering state-owned transhipment hub, the Port Klang Free Zone (PKFZ).
The yet-to-be-released report, which will be discussed at the weekly Cabinet meeting tomorrow, singles out former transport minister Chan Kong Choy; Madam O.C. Phang, the former general manager of the Port Klang Authority; and board directors of the port agency, for not carrying out their duties with adequate care.
The findings of the special task force, which were read by The Straits Times, also finger Barisan Nasional MP Datuk Seri Tiong King Sing, the main shareholder of private company Kuala Dimensi Sdn Bhd which carried out the construction of PKFZ.
Tiong has been named as one of the “possible conspirators” in a scheme that exposed the government to huge financial losses stemming from the failed PKFZ development venture. - + selanjutnya
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