Datuk Seri Najib Tun Razak Must Fully Explain To Restore Public Confidence, especially Johoreans, On The Failed And Aborted Sale Of 60% In The 482 Acre Bandar Malaysia For RM7.42 Billion.(e/c)

Press Statement By DAP Secretary-General And MP For Bagan Lim Guan Eng In Kuala Lumpur On 4.5.2017.

Prime Minister Datuk Seri Najib Tun Razak must fully explain to restore public confidence, especially Johoreans, on the failed and aborted sale of 60% in the 482 acre Bandar Malaysia for RM7.42 billion. Najib had abruptly cancelled his own programme to visit Bandar Malaysia, when the deal with the Sino-Malaysian consortium comprising Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corporation (CREC) fell through.

This raises serious issues of accountability and transparency, especially why 10 extensions of time to make payment were granted since 31 December 2015, and whether the RM741 million deposit paid by IWH-CREC will be forfeited. What was the rationale for granting extensions and were the interests of Malaysians protected when so many extensions of time were granted? As IWH-CREC is a 60:40 joint venture between IWH and CREC, with the Johor government owning 40% of IWH through Kumpulan Prasarana Rakyat Johor Sdn Bhd, how will the Johor people lose out following the aborted deal?

Since CREC is a Tier-1 Chinese government federal agency, funding is definitely not an issue. No wonder Asian Wall Street Journal reported that the deal fell through because the Chinese government refused to authorise the deal, without stating any reasons why. This aborted deal demonstrates a distinct lack of confidence in the direction as well as the viability of Bandar Malaysia.

There are also other possible repercussions as the aborted deal was part of a critical pillar to salvage and resolve the 1MDB RM52 billion scandal through this rationalisation plan. Following the deal’s abysmal failure, concerns have been raised whether this will further affect investor confidence with consequences for the value of our ringgit.

LIM GUAN ENG

民主行动党秘书长兼峇眼区国会议员林冠英于2017年5月4日在吉隆坡发表文告:

为恢复公信力起见,拿督斯里纳吉有必要向民众特别是柔佛公民清楚解释,说明为何销售价值74.2亿令吉的大马城60%股权一事会被中止。

为恢复公信力起见,首相拿督斯里纳吉有必要向民众特别是柔佛公民清楚解释,说明为何销售价值74.2亿令吉的大马城60%股权一事会被中止。而在传出依斯干达海滨控股(IWH)以及中国中铁股份有限公司组成的集团中止交易后,纳吉也停止了所有活动,立刻赶到大马城视察。

这已造成了问责制及透明度的严重问题,特别是为何从2015年12月31日起,有关方面10次延长了付款时间?再者,IWH-CREC支付的7.41亿令吉的抵押金是否会被没收?我们想问的是,给予延期付款的理由是什么?而且当批准多次延期付款时,马来西亚人的权益可有受到保护?另,马方在IWH-CREC集团中持有60%股份,中方40%,而柔佛政府旗下的柔佛人民基建集团持有IWH的40%股权,有关当局应该解释,柔佛人民在交易中止后,将会面对怎样的损失?

中铁是中国第一流的国营企业,资金雄厚,对他们而言钱从来不是问题。之前亚洲华尔街日报就曾报道,有关交易会流产,主要是因为中国政府拒绝授权,但并未说明理由。这笔交易的中止,显示出对大马城的方向与可行性缺乏信心。

这交易本是旨在挽救和解决1MDB 520亿令吉的丑闻,现在嘎然中止,可能还有其他难以预知的后果。在这起交易失败后,不禁令人担心会否进一步影响投资者的信心以及令吉的表现。

林冠英