We have seen and read about the RM12.5 billion fiasco that happened with the Port Klang Free Zone (PKFZ) project that was governed by the Port Klang Authority (PKA). Until today, even after the submission of the full audit report by PricewaterhouseCoopers Advisory Services Sdn Bhd, nothing has been unearthed. PKA even placed a maximum two weeks viewing opportunity for the public to read the audit report via their website. Wonder why?
There goes our taxpayers money and we won't get to see the root of the problem unless the people being charged dare to reveal what had happened actually.
All these happened right under the nose of the Ministry of Transportation. It is also partly due to the non-appointment of professionals from the related port industry but people linked with various politicial party. When there is a guy with thirty three years of experience that you can hired / maintain to obtain his professional input / feedback, his contract was not renewed in the end. Why?
Now, the Ministry of Transport has decided to try their luck again at another port. This time it is with the Penang Port Commission (PPC).
PPC's chairmanship is now being helmed by the former Minister of Health, Dr. Chua Soi Lek. What does a medical doctor knows about managing a port? This is really absurd. It doesn't matter whether the chairman comes from Penang or other part of Malaysia, just as long as he/she is a reputable and capable of managing a port authority.
PPC's role of being a regulatory authority is similar with PKA. What PKA has done is totally unchecked even though it was under the ministry which reports to the cabinet. What is in PPC's plans in days to come?
Rumour is abound that a local tycoon is in the midst of buying up Penang Port Sdn Bhd (PPSB) of which the operations of the port and ferry services were privatised to PPSB. PPSB is under the purview of the Ministry of Finance. See how complicated it is with our government's method of running the country's transportation business. Is PPC going to disapprove this idea or planning to smoothen the sale of PPSB to this local tycoon?
Why sell to this local tycoon only and why not at an open tender? The Penang state government has now indicated their interest to acquire PPSB from the federal government. Will the federal government listen to this state government offer or will proceed with a sale at a much lower price to the well connected local tycoon?
We wait and see.
Tags: Port Klang Free Zone, PKFZ, Port Klang Authority, PKA, Penang Port Commission, Penang Port Sdn Bhd, Ministry of Transport, Ministry of Finance