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Thursday, June 12, 2014

PKR: Gov't paying 5 times more for UiTM campuses


The federal government is paying around five times the original cost by privatising the construction of six new Universiti Teknologi Mara (UiTM) campuses in six different states, PKR said today.

Its strategic director Rafizi Ramli (right) revealed that while the original cost for all the six campuses was only RM1.8 billion, the government will end up forking RM8.6 billion for all the six campuses after signing concession agreements to have private firms construct and manage the six campuses.

Rafizi claimed that the individuals behind the firms that obtained the concessions were all "Umno cronies" and promised to reveal more about the owners of these companies next week.

"Now the people can understand that Umno does not protect UiTM as they always claim to, but are rather using it by burdening UiTM financially to enrich their cronies," he alleged.

[More to follow]

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