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PKR strategic director Rafizi Ramli today claimed that the country's MRT project may balloon to RM100 billion, close to three times its initial estimate.
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When asked whether he had evidence to back the claim, Rafizi replied: "I'd rather jump the gun when it comes to projects like this.
"MRT is going to be largest public expenditure spending and debt that the rakyat has to incur. It is important that we study everything on MRT to ensure that it is done properly, otherwise the debt will enslave the country for two to three generations," he said.
He added that it was difficult to provide conclusive figures as as public infrastructure projects such as the MRT was conducted in ways that were shrouded in secrecy and managed in "cloak and dagger" style.
"I rather be the bad boy and throw out this figure to put the government on the defence on this number now bandied in the market. Prove to us whether it's true or otherwise in the interest of controlling the price of the project.
"If you continue to allow them sole discretion without public scrutiny there will be a repeat of what had happened (in past projects)," he said.
[More to follow]
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