May 6, 2009

提早揭露"大白象"报告书(PKFZ audit report)

The independent audit report on the Port Klang Free Zone (PKFZ) which is expected to be released this week is a damning disclosure of mismanagement, clandestine deals, conflicts of interest and a total disregard for transparency and accountability for a project which was supposed to cost RM1.845 billion but ended up at RM4.6 billion.

Among the findings of PricewaterhouseCoopers (PWC) are that:

» No proper studies were undertaken before embarking on the project;

» Major decisions on the project were made without prior approval of the Port Klang Authority (PKA) board;

» The PKA chairman and general manager entered into agreements without seeking the advice of the relevant government authorities;

» There was a failure to exercise adequate governance and implement checks and balances in the implementation of the project.

The audit report also detailed a series of conflict of interest situations:

» Sementa assemblyman Datuk Abdul Rahman Palil was both the Pulau Lumut Development Co-operative (KPPL) chairman and a PKA director in 2002 when the land for PKFZ was sold by KPPL to PKA;

» Rashid Asari & Co, the legal firm retained by PKA, was also the same firm overseeing the inking of the sales and purchase agreement between KPPL and turnkey contractor Kuala Dimensi Sdn Bhd (KDSB). A point to note is that its senior partner, Datuk Abdul Rashid Asari, was the deputy chief of Umno’s Kapar division, where Tan Sri Onn Ismail is an exco member. Onn was the KPPL chairman and his son-in-law Faizal Abdullah, the then Kapar Umno division youth chief, is also the deputy CEO of Wijaya Baru Global Bhd (WBGB), the firm appointed by KDSB as the main subcontractor;

» Perunding BE Sdn Bhd, appointed by PKA as the independent quantity surveyor for PKFZ, was also a quantity surveyor for KDSB;

» PKA’s board of directors were not advised that the chairman of the PKA at one time was also the deputy chairman of WBGB;

» KDSB directors Omar Latip and Idris Mat Jani are also directors and shareholders of WBGB.One contributory aspect to the PKFZ mess, the sources added, was that several Finance Ministry regulations on transparent accounting practices were not complied with and that the advice of the attorney-general (A-G) was not sought.

“The agreement between PKA and KDSB was not even vetted by the A-G,” said one source.

The A-G had suggested the government acquire the 404ha for the development of the free zone instead of purchasing it from KDSB at an inflated rate of RM25 per sq foot, although KDSB had purchased the land from KPPL for only RM3 per sq foot.The source goes on to reveal KDSB’s questionable conduct by overcharging PKA in interests of up to RM300 million, while hidden costs amounting to RM100 million were not revealed to PKA, hence the purchase price of over RM1 billion.

“There was an absence of competitive open tenders with KDSB being awarded the contract to develop the free zone even before the master plan for PKFZ was completed,” said the source, adding that the audit report showed that contracts were entered into merely on estimation of the projected costs.

The report, it is said, also specifies that while the intention of setting up the free zone was to transform Port Klang into a regional trans-shipment hub, cost escalations, poor governance by PKA coupled with weak project management had undermined the viability of PKFZ as well as PKA’s financial obligations where its reserves of RM500 million have been all but wiped out.

“If all these bases were covered, then PKFZ would have been a goldmine,” said another source.

The audit report also paints a troubling picture of officials in the Transport Ministry, noting that so-called letters of support signed by a former minister for the issuance of the bonds could be construed as a guarantee and that PKA would have to meet its financial obligations under such an arrangement.

Instead of complying with the Treasury’s recommendations of issuing government bonds and developing the project in phases, thereby benefitting from lower coupon rates, PKA decided to develop the free zone in one go, having to pay double the rate, estimated at about 8%. Hence, there are concerns the project cost could balloon further.

It is learnt that the report also noted that PKFZ only enjoys an occupancy rate of 16% to 19%.

“However, one is confident that with the new team at the helm the project is salvageable,” said another source, attributing the disclosure of the PKFZ fiasco to efforts by Transport Minster Datuk Seri Ong Tee Keat and the “clean-up crew” of PKA chairman Datuk Lee Hwa Beng and PKFZ general manager Lim Thean Shiang, who took over from Datin Paduka O.C. Phang last year.

It is learnt that Lim briefed government backbenchers on the audit report yesterday.

An MP, when contacted, said the closed-door briefing was meant to keep them abreast of the issues before the audit becomes public.Ironically, current Backbenchers’ Club chairman, Bintulu MP Datuk Seri Tiong King Sing holds a controlling stake in KDSB.

Former Umno treasurer Datuk Abdul Azim Zabidi is also a director of KDSB.

21 comments:

  1. Rotten to the core. No wonder Malaysian sees politic as a way to make fast money.

    On a different note, I hope Uncle Boo knows exactly what he is writing next time,

    现代年少孟尝君 - or a misled and naive supporter?

    献议张庆信当副首相 - turun padang or a visit to PKFZ?

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  2. 你在幫翁總轉移焦點??
    如果交通部長和國陣政府玩真的,誰敢不公佈?
    看來張X性不只可以當交通不長,甚至還可以當首像了。

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  3. not even dare to comment case in raub? perak and so many unfair unlawful case in this place?

    what for you be a blogger? just want to show royal to your Tuan? you idiot mxa, still want to be slave?

    go ahead to be slave, but count other chinese/people out.

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  4. wear black shirt also cannot?

    you slave mxa members wear what color? blue??

    yuck!!!!!

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  5. 9时13分:镇暴队在民主行动党霹雳州总部楼下列队,逮捕聚集该处的“黑衣人”,凡是站出建筑物外的人都被捕。

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  6. 真的希望政府可以杀一儆百,把PKFZ 的贪官捉起来。

    ReplyDelete
  7. 糊涂侠客 said...
    真的希望政府可以杀一儆百,把PKFZ 的贪官捉起来。


    What? Come on, you can't be serious? You think "just" PKFZ??????

    ReplyDelete
  8. Tuan, you enjoy this?

    11点 国阵州议员组成人墙,保护副议长许月凤与赞比里。议长西华古玛的麦克风被关闭,而赞比里与许月凤的麦克风却被开启。

    在国阵州议员的保护下,许月凤宣布接管州议会,并且要求议会警卫驱逐西华古玛,但是他们并未采取行动。

    接着,赞比里提呈动议撤换西华古玛,获得所有国阵州议员举手支持。然后赞比里提呈另外一项动议,委任甘尼申成为新任议长,同样获得国阵州议员支持。

    甘尼申迅速步入议会厅内,立即穿戴上议长的制服,并且在国阵州议员的座位上宣誓与签署委任状。

    依然坐在议长座位上的西华古玛不停高呼,“这是非法的议长!”、“只要议长依然坐在这里,这个议长是非法的”、“霹雳州出现非法议长”。

    甘尼申在宣誓后尝试主持州议会,国阵州议员企图推动其他议程,包括撤换3个委员会的成员。

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  9. 翁诗杰做出解释报告内容,包括许多舞弊滥权,缺乏监督和制衡,以及利益冲突的情况,更导致原本只需要18.45亿令吉的计划,成本膨胀到46亿令吉。
    基于技术问题,不须要有 ”人“ 对此事负责任,所以也没有人应 “舞弊滥权” 而被捕或下台。国阵又一团和气,和气生财。

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  10. Say Goodbye to our Corrupt BN...

    ReplyDelete
  11. bluesky said...
    Say Goodbye to our Corrupt BN...

    how? this cannot be done as long as we have mxa people such as tuan keykok support corruption master!

    ReplyDelete
  12. Tuan Keykok, i am sure you are enjoying this very much, you know, you got a POWERFUL MASTER!

    2点41分 一群相信是便衣警员突然冲入议会厅,以强硬手段将不停挣扎的西华古玛挟出议会厅外。

    2点35分 民联州议员继续向甘尼申叫骂,要他立即离开议会厅。

    2点30分 一名议会警卫在数名议会职员的协助下,强硬逼进西华古玛的座位,强逼他退席。民联州议员见状,迅速围成一圈以保护西华古玛。双方在混乱中挤成一团,叫嚣声不绝于耳。

    2点20分 在混乱之中,数名警员和议会职员进入议会厅,企图分开双方议员。

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  13. Bravo TUAN KEYKOK!
    BRAVO!

    2点55分 虽然民联州议员严厉抗议,但是甘尼申在一群便衣官员的保护下,成功坐上议长的宝座。

    2点45分 这些便衣官员也数度强行将数名民联州议员拉出议会厅外,但是他们较后又回到议会厅内。

    2点41分 数十名便衣官员突然冲入议会厅,突破民联州议员的人墙,以强硬手段将不停挣扎的西华古玛挟出议会厅外。

    西华古玛不停高呼:“我才是合法议长,为何你们这样对我?!”

    在冲突过程中,西华古玛身旁的一个花瓶也被打破。目前仍不知西华古玛被带往何处,也无法肯定这些便衣官员是否警察。

    2点35分 民联州议员继续向甘尼申叫骂,要他立即离开议会厅。

    2点30分 一名议会警卫在数名议会职员的协助下,强硬逼进西华古玛的座位,强逼他退席。民联州议员见状,迅速围成一圈以保护西华古玛。双方在混乱中挤成一团,叫嚣声不绝于耳。

    ReplyDelete
  14. Tuan keykok, why no reply? you sick again?

    or hide somewhere celebrate with your powerful master that show what is called 'ccb'?

    you should have celebrate OPENLY with BLUE shirt lar.

    Ask ChuaCD and OTK come celebrate together, come on, you got a POWERFULL MASTER!

    ReplyDelete
  15. BN won't change we all know this is facts....So we will change BN on next next GE this is confirm!!!!!!!!!!

    ReplyDelete
  16. PKFZ=PUK KAI FUI ZAI?
    作者:波国擯榔
    (写在吧生港口自由贸易区报告预料将于2009年5月11日星期一公布前)
    (再次修改于吧生港口自由贸易区报告将延迟公布)

    在KAJANG市区一间华小,老师在教导数学
    老师问同学们:RM4.6 BILLON 是多少钱?
    学生们拿出计算机(中国叫计算器)按呀按….
    “老师,多少个零?” 下边乱成一团
    老师在白板上写:RM4600000000
    看到那些学生口哑哑

    “同学们,假设加影的一间双层排屋卖RM2万, 46亿可以买多少间?”
    学生们又滴滴涂涂按计算机
    一位同学说:23万间
    “哗,整个KAJANG的排屋都可以卖下?”
    周末,有几位同学和父母亲到吧生玩,参观了贪污王"吃到料"ZAKARIA查卡利亚皇宫后
    他们在吃肉骨茶,一碗RM8, 一位学生问他父母:46亿可以吃多少碗肉骨茶?
    他父亲借肉骨茶老板的计算机来计算
    “大概是50亿碗,就是40亿,….应该说57亿碗左右.”
    “爸爸,如果我们一家5口, 一天吃5碗…….要吃多久?多少年?.....”
    在他们身旁的老板娘,眼睛和口开的好大…..大声说了一句话:
    “PKFZ ,真的是等于PUK KAI FUI ZAI!”
    X X X X X X X X X X X X X X X


    讲了多少次会在一周内公布,
    由2009年308全国大选之前
    到308之后,到4月9日公布新内阁名单
    交通部长只是说:一周内公布
    一周又一周
    周周有周周
    46亿的大贪污
    贪污盗窃?贪污腐化?贪污受贿?
    报告可以还原真相大白吗?
    吧生港口自由贸易区报告是马来西亚史上最黑暗的大丑闻
    与2009年5月7日民主与民意死亡日
    一样黑暗
    如果你今天还不觉醒,
    如果你还是随随便便随随便便过日子,
    如果你要你的下一代也没有民主
    你和你的下一代将永远失去民主改革的机会
    记住:2009年5月7日—马来西亚历史最黑暗的日子之一
    与独裁者在1987年茅草行动大逮捕一样臭名远扬
    记住:你不站出来,最后你
    将典当你的一生,你的家庭
    还有你下一代的未来
    如果我们勇敢站出来说出我们的心声
    真正是RAKYAT YANG BERKUASA, 人民当家当权 
    就没有2009年5月7日—马来西亚历史最黑暗的日子之一
    就没有吧生港口自由贸易区大丑闻的发生
    啊――马来西亚史上最黑暗的大丑闻与马来西亚历史最黑暗的日子
    提醒每一个人,你一定要站出来!
    不能再容忍下去了!
    我们要RAKYAT YANG BERKUASA –RYB,RYB,RYB!
    我们要真正的民主,人民当家当权 !!
    注: PKFZ 是涉及46亿的大丑闻,由老马时代跨度到阿都拉时代的大丑闻,也就是著名的"港口大丑闻",也叫"最黑暗大丑闻",即吧生港口自由贸易区的大丑闻!涉及者以CONSULTATION FEES, PROFFESIONAL FEES 方式等滥权,THE SUN太阳报于2009年5月6日报道:
    DAMING DISCLOSURE――PKNZ AUDIT REPORT REVEALS CONFLICTS OF INTEREST
    注: 客家话读音是PUK KAI FUI ZAI,
      广东话/粤语:PUK KAI FAI zAI
      华语读音:PUK KAI FEI ZAI

    注:作者部落格: http://onemalaysiaforreal.blogspot.com/

    ReplyDelete
  17. VictorLee's FanMay 15, 2009 at 6:49 PM

    'Congrats' VictorLee for super louzy comment here..
    i'm quite saddened by what u wrote on behalf of the PKFZ report..
    as a blogger like u..i feel so ashamed the way u express smth without analyze or understand the said matter!!

    ReplyDelete
  18. 我赞成一切还未公布前,别做不确实的指责。那些企图煽动民心的人,居心不良。

    ReplyDelete
  19. As far as I know, the staff from PWC that sent to do the report is still junior staff, are the report can be believed?!

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  20. as a faithful PR supporter, i'm feeling heated by the PKFZ issue..
    why did people keep on critisize the PKFZ issue??
    Fellow frens, come on..
    why nobody trying to stop critisizing the issue and let us take initiative to discuss and work together to solve and develope the PKFZ (as it was ready) as it will bring huge economic growth to our country..
    it is for our own good, for our future!!

    From my opinion,

    Among the findings of PricewaterhouseCoopers (PWC) are that:
    » No proper studies were undertaken before embarking on the project;

    *did anyone know that PKA wasted millions for inviting professional oversea auditor to do the study on PKFZ..
    and the finding was PKFZ will bring in great impact to the economic growth for the country and etc.!!
    i'm curious how could a project can proceed if it doesnt get the approval from PKA until the project is completed now??
    -during the project on process, dont tell us that none of the PKA officer saw the project is going on??why dont they stop the project??
    -why no one condemning the project during that time??
    and why did the PKA didnt stop the project when it started the work if there is any problem??

    *why did PWC hold on and yet still haven announce the report??
    why did it cost such a big amount to do a small report like that?? (only 2 or 3 staffs from PWC working on the report)
    -maybe PKA chairman need some 'tips' since maybe he didnt get a sen from PKFZ project??!!
    why no ppl questioned on it??

    curious curious curious..

    plz fellow friends..
    for our future, for the sake of the country, for the economic growth..let try not to simply critisize smth just based on the report from media..try to analyze bfr we do any action..
    for the sake of Rakyat, we need to to find some ways try to develope the PKFZ since it is under our PR government's state and the huge project will bring great impact and may increase our income..

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  21. 好吧!

    明天我再讲一些些.....

    ReplyDelete