[ad_1]
There is evidence of money laundering in two pipeline projects suspended by Putrajaya, said Damansara MP Tony Pua.
The two projects are the Multiproduct Pipeline (MPP) in Malacca worth RM 5.35 billion. the Trans-Sabah pipeline to 4.06 billion rubles (TSGP)
"The whole project smelled the scam: it is clear that money laundering elements are current"
"We give money – to a Chinese society – and we suspect that this money is channeled to parties related to the previous administration, "he told the BBC in a interview published today.
Pua, who now on six The minister estimated that the money was used to cover debts related to the troubled state fund 1MDB.
These debts, he said, amounted to about RM 48 billion.
On June 5, Finance Minister Lim Guan Eng revealed that his predecessor N ajib Abdul Razak had released 8.25 billion RM – 87.7% of the cost – for both pipeline projects, despite the lack of made work.
Work for the MPP and TSGP projects started in April of last year. [19659002] The projects were undertaken by Suria Strategic Energy Resources (SSER) – a wholly-owned subsidiary of the Ministry of Finance specifically created for pipelines in 2016.
The China Piproleum Pipeline Bureau (CPPB), a subsidiary of China National Petroleum Corporation (the largest pipeline manufacturer in the country) was hired for the projects.
China Exim Bank financed 85% of the project cost.
After the announcement of Lim, Najib argued that deal on it and that China, in exchange, had promised to import goods from Japan. worth 2 trillion US dollars of Malaysia over five years, and invest up to 150 billion dollars in the country.
The Minister of Finance also established that several personalities involved in the SSER were also related to the former 1MDB subsidiary SRC International Sdn Bhd.
1MDB and SRC International are currently Najib facing four criminal charges of over RM 42 million that he allegedly received from the latter.
Meanwhile, Chinese Ambassador Bai Tian said that the Chairman of the Council of Eminent Persons Daim Zainuddin had left for China today. in connection with the East Coast Rail Line suspended project.
"(I believe) both parties can find a win-win solution," he said, according to Nanyang Siang Pau . ] Bai added that the trip of Prime Minister Dr Mahathir Mohamad to China is being finalized
[ad_2]
Source link
