DBKL gets green light to sell lands frozen for ‘shady dealings’

Sale of lands in KL came under scrutiny for their below market prices and opaque tender process.

KUALA LUMPUR: The Kuala Lumpur City Hall (DBKL) has got the go-ahead from the government to complete the sale of 43 parcels of land previously suspended due to suspected shady dealings.

Federal Territories Minister Khalid Abdul Samad said the sale of 10 other plots of public land was stopped and returned to DBKL with compensation paid to the would-be buyers.

“The money paid for the land re-obtainment is around RM120 million.

“Another 23 transactions are still being renegotiated for the return of the funds, which we will announce tomorrow,” he told reporters on the sidelines of the KL Car Free Morning event here.

The sale of 64 parcels of public land in the capital city by the previous Barisan Nasional (BN) administration was spotlighted just after the May 9 general election.

Kepong MP Lim Lip Eng questioned the sale to the Federal Territories Foundation and other developers below market price, as they were not done through open tender.

The DAP lawmaker had urged the Malaysian Anti-Corruption Commission (MACC) to look into the RM4.28 billion sale in 2013, under then FT minister Tengku Adnan Mansor.

A special committee was then set up by the ministry on July 31 on Khalid’s orders to look into the 64 land parcels. Its report was subsequently handed to the MACC on Sept 4.

Today, Khalid said that the number of land parcels under investigation has increased to 97 since Lim highlighted the matter.

The area for the 97 parcels of land was estimated to measure 273 hectares, or 1.1% of Kuala Lumpur’s total size.

“Initially, the number of transactions was estimated to be 64, but has since been expanded to 97 wherein the land will be bought back for future savings,” Khalid said.

He added that 20 more land parcels have already been transferred to their respective buyers, though the MACC is still investigating the transactions.