Do not pretend innocence about the cost of LRT3, says Pua to Najib



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The hon. Member says that if the former finance minister did not really know that the costs had gone out of control, that only goes to show that he is incompetent.

Damansara MP, Tony Pua, says the budget of 9 billion RM KUALA LUMPUR: Damansara MP Tony Pua today asked if the former finance minister, Najib Razak , was "so incompetent, ignorant, unconscious and irresponsible" that he did not know that the cost of the project "Light Rail Transit 3" (LRT3)

He was responding to Najib's request yesterday that the project did not cost not 31.65 billion ringgit.

Najib had refused the price of RM 31.65 billion in a response to Finance Minister Lim Guan Eng, who said that Prasarana Malaysia, which started the project, had obtained in 2015 a government guarantee of a RM 10 billion bond facility to finance the LRT3 project.

On March 30, Prasarana asked the government for an additional RMB 22 billion. He announced earlier this month that the total cost of the LRT3 project had been reduced by 47 percent, from RM 31.65 billion to RM 16.63 billion, which has allowed Malaysians to benefit from the project. financial assistance for the construction and completion of the LRT3 project. This sum covers all project costs, including construction contracts (WPC), land acquisition, project management, consultant fees, operational and general costs as well as interest during construction.

Najib said: "No approval has been given and their application has not been accepted.Every time that an agency requests a budget, it does not mean that the government will accept. In fact, we reject more claims than we accept.

"No contract worth RM 15 billion or RM 31 billion was signed. In fact, the letter requesting an additional RM 22 billion never reached me and I was then Minister of Finance.

Najib also noted that in 2015, Prasarana had given public insurance that it would work in the RM9 billion budget. 19659004] Addressing Najib in a statement, Mr. Pua said: "You certainly can not ignore that the 9 billion RM budget for the LRT3 that you approved was simply for the cost of light rail construction."

include, among others, the 39 acquisition of land, PDP fees, other consultant fees, overhead and operational expenses, as well as interest during construction. "

Pua, who is also National Secretary of Advertising DAP, said d & By March 2018 Prasarana had granted RM 15.2 billion for the construction of the LRT3 project.

"Each of these WPCs was approved by the Ministry of Finance, of which you were not only the Minister but also the Chairman of the Tenders Committee. [1 9659004]" So you were obviously terrible with your work since you now claim that no contract worth RM 15 billion has been signed. "

Pua also stated that Najib had" not approved "the Prasarana's request the allocation of billions of dollars did not mean that the overall cost was not out of control.

"Lim Guan Eng did not say that you had approved the application for 22 billion RM of additional government guarantees. All the new finance minister said that the total cost of the project according to Prasarana had increased to RM 31.65 billion. The fact that Prasarana gave in 2015 insurance, if any, that the cost was RM 9 billion, is not relevant.

"Dato Seri Najib Razak should be wondering how he was so incompetent, ignorant, unconscious and irresponsible, being completely unaware of how the cost of the LRT3 project has lost control."

Pua added that Administration Pakatan Harapan had no intention of concealing the real cost of the project. The total cost of the project was renegotiated at 16.63 billion ringgit.

"This cost includes WPCs, land acquisition, project management, consulting fees, operational and overhead costs, as well as interest during construction".

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Smaller stations, fewer trains see RM15 billion off LRT3 price tag [19659020] window.fbAsyncInit = function () {
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