KUALA LUMPUR: Malaysians still own 76 per cent of Bandar Malaysia.
Minister in the Prime Minister’s Department Abdul Rahman Dahlan said this when dismissing allegations by his former Cabinet colleagues that Chinese companies were now holding the majority share of 60 per cent of Bandar Malaysia.
Rahman said he was disappointed that former ministers Shafie Apdal and Ahmad Husni Hanadzlah did not understand the issue.
He said 40 per cent of Bandar Malaysia shares were directly owned by Putrajaya.
The remaining 60 per cent was sold to a consortium, consisting of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corporation (M) Sdn Bhd (CREC).
“So our 40 per cent plus IWH’s 36 per cent equals 76 per cent. Only 24 per cent is held by CREC,” he told reporters at Parliament today.
The Kota Belud MP added that he had never encountered a situation before where a minister who made decisions pertaining to 1Malaysia Development Berhad (1MDB) actually protested against those very same decisions.
He was apparently referring to Husni, who resigned as second finance minister in June.
“It is all right. We will answer the questions with the answers he gave us during a briefing session – we must have dignity, not just shoot down what we said before.”
He said Husni would surely be responsible for all his decisions as the former second finance minister.
He also denied Husni’s claims that he was not given an explanation by the Cabinet on 1MDB.
“When Husni was in the Cabinet, many briefings on 1MDB were given. In fact, he answered every question put forth regarding 1MDB.”
Recently, Husni questioned the government’s rationale for setting up 1MDB which he alleged had seen a lot of misappropriation of funds, with no action taken.
Former Umno Vice-President Shafie had also backed Husni’s claims.