Tuesday, September 8, 2009

Barisan Nasional biggest financial scandals

KUALA LUMPUR - A CONFIDENTIAL report by a government-appointed task force probing one of Malaysia's biggest financial scandals has identified serious breaches on the part of several government officials, including a former minister.

The breaches led to billions of dollars in losses at a tottering state-owned transhipment hub, the Port Klang Free Zone (PKFZ).

The yet-to-be-released report, which will be discussed at the weekly Cabinet meeting on Wednesday, singles out former transport minister Chan Kong Choy; Madam O.C. Phang, the former general manager of the Port Klang Authority; and board directors of the port agency, for not carrying out their duties with adequate care. More

1 comment:

iMALAYSIA post said...

PKFZ is not the biggest scandal. There is even bigger scandal in town. What wass a scandal that gov lost RM108b last year acording to MACC.

Oh Malaysia.. the people are more deserve to get those money. Tehey are poor in this country because the money was canelling to somebody pocket. Whose pocket.. hahahaha.. governing politician lah..