Port Klang Free Zone Scandal Summary
Wee ka siong as the guest of honour.
Port klang free zone scandal summary. This is one huge scandal involving dozens of companies revealed from a limited scope price waterhouse coopers audit. Major decisions on the project were made without prior approval from pka. It is a regional distribution hub as well as a trade and logistics centre offering extensive distribution and manufacturing facilities. Summary from the edge.
Transparency in the way malaysia does business will be a major factor in whether it can attract much needed foreign direct investment. Port klang free zone project. Ong tee keat the man who exposed the port klang free zone pkfz scandal believes the case is far from over. Will need relations to organizations.
According to national news agency bernama the three were given full. The port klang free zone pkfz scandal has a storyline fit for the silver screen what with its political intrigue mismanagement of public funds and with a few of the main actors now brought to trial. The continue reading home. Read here for more the free trade zone project began as a joint venture between the port klang authority and the promoters of the jebel ali free trade zone jafza in 1999 to attract foreign investment and promote the malaysian port.
Kuala lumpur march 17 three people charged with cheating over the port klang free zone pkfz were today acquitted by the shah alam sessions court possibly turning the rm12 billion scandal into one with no culprits. To commemorate the occasion a dinner was held on the same day at premiere hotel klang with the minister of transport datuk seri dr. Port klang free zone pkfz is a 1 000 acre 4 0 km 2 commercial and industrial zone established in 2004 in malaysia. Port klang free zone.
It is located along the straits of malacca port klang klang malaysia. Despite the arrest and impending trial of former port klang authority pka general. While whiffs of pkfz s mismanagement and abuse of public funds first emerged several years ago public attention was piqued again when the edge published a story in early april saying. 15th anniversary celebration malaysias first integrated free zone port klang free zone pkfz celebrated its fifteenth year of operations on september 8.
Cost overruns of rm12 billion ringgit. Mmo three people charged with cheating over the port klang free zone pkfz were today acquitted by the shah alam sessions court possibly turning the rm12 billion scandal into one with no culprits.