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Four BN politicians including deputy minister, Bintulu MP Tiong implicated in RM7.5 billion PKFZ scandal

Posted by Editorial Team | May 29th, 2009 | Politics
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PricewaterhouseCooper (PWC) audit report names four politicians, including two for possibly having conflict of interest in their dealings with the Port Klang Free Trade Zone (PKFZ) project according to a news report.

Transport Minister Datuk Seri Ong Tee Keat listening attentively to Tiong center and Health Minister Datuk Seri Liow Tiong Lai right.

Transport Minister Datuk Seri Ong Tee Keat listening attentively to Tiong center and Health Minister Datuk Seri Liow Tiong Lay right.

The four were Deputy Finance Minister Datuk Chor Chee Heung, Sementa assemblyman Datuk Abdul Rahman Palil, Backbenchers Club president also Bintulu Member of Parliament Datuk Seri Tiong King Sing and Federal Territory Umno treasurer Datuk Seri Azim Zabidi.

Datuk Chor Chee Heung was the Port Klang Authority (PKA) chairman from April 2007 to March 2008 while Abdul Rahman was a board member of the authority from 1997 to 2003.

The Star said, report by PricewaterhouseCoopers (PWC) raised the question whether there was a possibility of a conflict of interests because Chor had also served as Wijaya Baru Global Berhad (WBGB) non-executive deputy chairman from April 2004 till July 2007.

WBGB is the parent company of Wijaya Baru Sdn Bhd (WBSB), the main contractor for PKFZ turnkey developer Kuala Dimensi Sdn Bhd.

“Minutes of the (PKA) board did not indicate that Chor either declared his previous involvement in WBGB to the (PKA) board nor withdrew himself from deliberations,” the PWC report said.

As for Tiong, the PWC report named him as a 32% shareholder of WBGB, which in turn has a 45% stake in WBSB, the main contractor to the turnkey developer, Kuala Dimensi.

Tiong is also 70% shareholder of Wijaya Baru Holdings Sdn Bhd, which is the sole proprietor of Kuala Dimensi.

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