
PAC chairman Mas Ermieyati Samsudin told a press conference at the Parliament building that the committee would commence its probe into a total of five new issues from Feb 3 to March 6 next year.
She said it would look into the domestic investments by Khazanah under the purview of the finance ministry.
The committee will also look into the procurement of passenger trains through a 30-year leasing agreement with China involving the transport ministry, the economy ministry, Railway Assets Corporation, and Keretapi Tanah Melayu Bhd (KTMB).
It was reported in November that PAC would summon Khazanah and Permodalan Nasional Bhd (PNB) over the RM43.9 million loss in their investment in Fashion Valet Sdn Bhd.
Khazanah had invested RM27 million and asset manager PNB another RM20 million, for a minority stake in the local fashion retailer in 2018. However, they sold their stake for only RM3.1 million late last year to NXBT Partners.
In August, meanwhile, transport minister Loke Siew Fook said Malaysia would enter into a RM10.7 billion leasing agreement with China to acquire an additional 62 passenger trains for KTMB.
He said the sum would be paid in instalments over a 30-year period, while the actual cost would be finalised after the completion of negotiations with the government of China.
Mas Ermieyati also said today that PAC would start a probe on airport management involving Malaysia Airports Holdings Bhd (MAHB), the finance ministry, and Khazanah.
Machang MP Wan Ahmad Fayhsal Wan Ahmad Kamal had urged PAC in July to probe the privatisation of MAHB, in particular the rationale of selling 30% of MAHB’s shares to the Abu Dhabi Investment Authority and Global Infrastructure Partners (GIP).
Global investment firm BlackRock, which allegedly has connections with Israel and its military, completed its acquisition of GIP in October.
GIP and the Abu Dhabi Investment Authority are taking up a 30% stake in MAHB through a consortium led by Khazanah. The rest will be owned by Khazanah (40%) and EPF (30%).
PAC will also look into land development issues in Kuala Lumpur, which fall under the jurisdiction of the federal territories department and Kuala Lumpur City Hall.
The fifth new issue the committee will probe is the private healthcare ecosystem, including regulatory mechanisms, legal frameworks, financing methods, medical insurance, as well as the implications of rising private healthcare costs on public hospitals.
Asked who would be summoned for the new investigations, Mas Ermieyati said it had yet to be decided.
“We will determine the issues and then discuss who should be summoned as witnesses for each proceeding,” she said.