PKR today urged the government to freeze any plans to privatise Keretapi Tanah Melayu Bhd (KTMB) as it could lead to RM50 billion of land assets falling into the hands of a “BN crony company”.
PKR director of strategy Rafizi Ramli (right) said the concerns arise from reports by business publications which reported that MMC Corp had submitted its operation and financial takeover plan in December 2011.Rafizi said that this is even more a cause for concern considering that MMC Corp, controlled by business tycoon Syed Mokhtar al-Bukhary, had done “the same thing” when DRB Hicom took over Pos Malaysia.
“Syed Mokhtar is shopping for land banks. He has done this by taking over a state utility like Pos Malaysia via DRB Hicom.
“What conditions will the government put in place to ensure that the RM50 billion KTMB land bank does not fall into private or personal coffers?” he asked.
[More to follow]
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.