BEIJING ― Tun Dr Mahathir Mohamad spoke today of the “stupidity” of Datuk Seri Najib Razak’s government in negotiating contracts and deals which his administration is now trying to untangle.
“Such stupidity has never been seen before in the history of Malaysia,” the prime minister told Malaysian reporters here at the end of his five-day official visit to China today.
Dr Mahathir said contracts negotiated with Chinese companies for the East Coast Rail Link (ECRL) and pipeline projects had no exit clauses so Malaysia has to pay out “huge sums” in compensation.
“If we have to pay, we have to pay,” Dr Mahathir said when asked about whether Malaysia would have to compensate Chinese contractors.
“It’s the stupidity of negotiations. There must be exit clauses. Now we have to pay huge sums of money.”
MALAY MAIL
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