PKR’s Rafizi Ramli, and DAP’s Tony Pua and Liew Chin Tong, had whacked 1MDB for selling 24% of the Bandar Malaysia project to a Chinese company, of which Malaysians still owned 76% and which the Federal and State Government will still own 57%.
However, these three fellows have been amazingly quiet over these two deals done by Penang’s Lim Guan Eng just a few months ago.
In May 2015, Penang sold 100% of a 20-acre state land for RM30 million to Jabil Circuit Singapore Pte Ltd — a company eventually owned by a USA parent.
And in July 2015, Penang gave 49% ownership of a RM11.3 billion 6.8-acre Penang state land project to Singapore government-owned Temasek Holding and EDIS.
These two projects where 100% and 49% are now owned by Singaporean companies are not called “jual negara” but considered foreign investment?
And somehow, 24% of Bandar Malaysia sold to a China company is considered “jual negara” and not as foreign investment?
Aku tak paham.
Satu Penang kecik jual banyak-banyak. Nanti hari dapat kerajaan pusat buat lebih banyak lagi.
By the way, the sale of Bandar Malaysia was done via international open tender managed by a third party company.
Were your Penang sales for both pieces of land via open tender too? It does not look like it.