TM: Contract to Mokhzani's firm open tender, decided before GE14

Mokhzani Mahathir's firm Opcom Holdings Bhd was awarded the Telekom Malaysia broadband installation and restoration contract through open tender, and had been selected prior to the 14th general election.

TM said the open tender for the Rakan Unifi contract took place in January, with the evaluation process ending in April.

"TM's board of directors approved the contract award in its sitting held on April 24," the company told Malaysiakini.

Opcom yesterday reported to Bursa Malaysia that it had received a letter of award for the RM11.16 million Rakan Unifi contract on May 14, four days after Mokhzani's father Dr Mahathir Mohamad was sworn in as prime minister.

TM said Opcom was among 19 contractors who were awarded the 17 month-long contract, which commenced on July 2.

"We wish to reiterate that TM has a robust and transparent procurement process and the company upholds the highest code of conduct in corporate governance and integrity, and undergoes continuous improvement while adhering to industry best practices. 

"We are committed to maintaining the highest degree of integrity, transparency and accountability in the conduct of our business and operations," it said.

Opcom was founded by Mokhzani's brother, Mukhriz, who is now the Kedah menteri besar. Mukhriz holds 25.2 percent of the firm's shares.

According to The Star, Opcom's shares have surged 135 percent since May.  - Mkini