Bumiputera Malaysia

Bumiputera Malaysia

By a Malaysian for his country

Friday, January 05, 2007

Malaysian Government caught with pants down again

The opposition parties and the non-governmental organisations have exposed the "lies" of the Malaysian Government headed by sleepy Prime Minister Abdullah Ahmad Badawi.

LIE 1: Whenever the Malaysian public protested against the highway tolls increments, the government said that it would "negotiate with
the highway concessionaire to reduce the toll rates ".
TRUTH 1: The government had actually decided on the people's behalf (without their knowledge, of course) by fixing and agreeing to the toll rates for the entire highway concession period. There is NO such "negotiation" with the highway concessionaire at all.

The toll rates as agreed by the Malaysian Government "on behalf" of the Malaysian public

LIE 2: Malaysian Works Minister Samy Vellu said that the Opposition Leader Lim Kit Siang was allowed to read through the highway concession agreements for 9 hours without finding any flaws.
TRUTH 2: Samy offered the opposition leader a glance at the tender documents (after strong objections in the Parliament) to United Engineers Malaysia (UEM) to construct the North-South Expressway. But the actual concession agreement was awarded to UEM on 18 March 1988 and he NEVER GOT to see it, simply because he was detained under the Internal Security Act (ISA) at that time.

The contractual agreement between the Malaysian government and LITRAK (the highway concessionaire of the Damansara-Puchong Highway)

LIE 3: The government is telling the people that it needs to compensate LITRAK [the highway concessionaire of the Damansara-Puchong Highway (LDP)] in order to help lessen road users' burden. Millions of ringgit were compensated to LITRAK by using the taxpayer's money.
TRUTH 3: The toll charges, the compensation to the highway concessionaires and the concessionaire periods DO NOT reflect the actual costs of building the highways. For example, LITRAK had announced in their annual reports that the company has regained the construction costs of LDP. LITRAK's profits: RM56 million (2005) and RM80 million (2006).

The formula to compensate the highway concessionaire if the government reduces the toll

The Malaysian Government is caught with its pants down again. Bumiputera Malaysia would like to thank the people who took the risk of getting detained under the Official Secrets Act (OSA) by exposing the details of the highway concessionaire agreement.