Port Klang Free Zone Scandal Summary
According to national news agency bernama the three were given full.
Port klang free zone scandal summary. Port klang free zone project. Wee ka siong as the guest of honour. Transparency in the way malaysia does business will be a major factor in whether it can attract much needed foreign direct investment. 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. Cost overruns of rm12 billion ringgit. The continue reading home. Port klang free zone pkfz agency theory the main players in this project are the ministers or former ministers that supposed to carry out their duties with adequate care but instead they failed to do so.
Summary from the edge. 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. This is one huge scandal involving dozens of companies revealed from a limited scope price waterhouse coopers audit. 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.
Major decisions on the project were made without prior approval from pka. Despite the arrest and impending trial of former port klang authority pka general. 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. Port klang free zone.
Port klang authority chairman datuk lee hwa beng has handed over the audit report on the port klang free zone to the malaysian anti corruption commission office here on friday. Ong tee keat the man who exposed the port klang free zone pkfz scandal believes the case is far from over. 15th anniversary celebration malaysias first integrated free zone port klang free zone pkfz celebrated its fifteenth year of operations on september 8. According to national news agency bernama the three were given full discharges by the session.
Will need relations to organizations. 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.