Port Klang Free Zone Scandal

For starters an international firm of auditors will be appointed to go through the entire accounts and activities of the pkfz. 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. Police also said their investigation into the port klang free zone scandal was showing positive developments.

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According to national news agency bernama the three were given full discharges by the session.

Port klang free zone scandal. 2000s 12 5 billion loss port klang free zone scandal pkfz occurred 6 years ago the government estimated a loss of about rm12 5 billion but no one so far convicted him. The port klang authority the country s most established port agency is saddled with close to rm5 billion s 2 2 billion in borrowings following a foray into developing a 400ha free trade zone. 15th anniversary celebration malaysias first integrated free zone port klang free zone pkfz celebrated its fifteenth year of operations on september 8. 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 scandal. A revamp of both the pka and the port klang free trade zone pkfz boards is in the pipeline and it is learnt that westport s tan sri g. According to national news agency bernama the three were given full. Despite the arrest and impending trial of former port klang authority pka general.

Kuala dimensi sdn bhd of which tiong is ceo is the turnkey contractor of the pkfz. The port klang free trade zone started as a joint venture between the port klang authority and the promoters of the jebel ali free trade zone in 1999 to attract foreign investment and promote malaysia s main ports situated near kuala lumpur. Wee ka siong as the guest of honour. Six people were charged two were acquitted while 4 other cases pending.

Gnanalingam has tendered his resignation from the latter. Port klang authority hq photo courtesy of ancient mariner blog. 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. Ong tee keat the man who exposed the port klang free zone pkfz scandal believes the case is far from over.

The continue reading home. 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. 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. How did the scandal unfold.