Double-tracking project the next PKFZ?

KUALA LUMPUR, Nov 5 — With former Transport Minister Datuk Seri Chan Kong Choy implicated in the Port Klang Free Trade (PKFZ) scandal yesterday, will the RM6 billion double-tracking project be the next?

The Public Accounts Committee yesterday recommended that Chan and former Port Klang Authority (PKA) general manager Datin Paduka O.C. Phang to be investigated for criminal breach of trust in the PKFZ scandal.

According to the report by PriceWaterhouseCoopers (PwC), it said the project outlay of RM4.947 billion will go up to RM7.453 billion due to interest payments and PKA must restructure the loan or it will balloon to RM12.453 billion by 2051. - + selanjutnya

Double-tracking project the next PKFZ?