After the government exposed the alleged RM9.4 billion Suria Strategic Energy Resources (SSER) pipeline scandal, MACC has moved to raid the company’s offices.
Finance Minister Lim Guan Eng confirmed today that a report had been filed with the commission.
He said the ministry has taken control over SSER's offices, and that all of its employees have been placed on garden leave until further notice.
In an update on the actions taken by the Treasury thus far, Lim also stated that SSER president Mohammed Azhar Osman Khairuddin was removed as a director of the company.
“The Finance Ministry is in the process of appointing an executive committee led by an accounting firm to operate the company and investigate the transactions made by SSER,” his statement read.
Last week, Lim alleged that a payment of RM8.3 billion or 88 percent of the project value was made to the company despite only 13 percent of progressive works been completed.
Lim said the land has not been acquired and the laws were not complied with.
On June 5, former prime minister and ex-finance minister Najib Abdul Razak defendedhis administration’s award of two petrochemical and gas pipeline projects worth RM9.4 billion to China Petroleum Pipeline Bureau (CPPB) by SSER.
He was responding to Lim who had demanded an explanation from Najib on the “suspicious transactions” surrounding the two pipeline projects.
"Najib deliberately did not focus.on the principal questions surrounding the RM9.4 billion pipeline scandal but instead focused on alleged purported benefits to the country from signing this billion ringgit contract," said the former Penang chief minister.
Najib had claimed that he and China's Premier Li Keqiang had witnessed the signing of the memorandum of understanding (MOU) for the pipeline projects along with other projects while in Beijing on May 14, 2017. -Mkini
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