The finance minister says it is not right for those who didn't reduce toll rates while in power to now criticise the Pakatan Harapan-led government's decision on PLUS Malaysia Bhd. FMTNews Plus Highway
January 19, 2020 1:49 PM
Speaking to reporters after launching Ops Selamat in Butterworth, Penang, in conjunction with Chinese New Year, Lim also took a swipe at the former Barisan Nasional-led federal government on the extension of PLUS Malaysia Bhd’s toll concessions. Addressing criticisms on the government’s decision, Lim said PLUS’ concession was previously extended from 2018 to 2038 by the BN-led government.“Unlike the old government which increased the rates, this time, when we extended the concession for 20 years, we reduced the toll by 18% for the whole concession period.
“1MDB cost us RM150 billion. Though we’ve recovered RM47 billion, we are still short of RM103 billion,” he said, adding that buying out PLUS’ concessions would cost RM45.2 billion.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pindaan laporan audit 1MDB dibuat demi Najib, mahkamah diberitahu | The Malaysian InsightMenurut saksi, jika mesyuarat itu tidak diadakan, laporan yang dipinda tidak akan wujud.
Read more »
Najib beneficiary of changes to 1MDB audit report, court hears | The Malaysian InsightWitness says without the high-level meeting in 2016, the amendments would not exist.
Read more »
Najib files bid to obtain 1MDB-linked audio recordingsIn his affidavit, the former prime minister says the audio recordings are needed for his various ongoing court cases.
Read more »
Najib mahu rakaman audio SPRM berkait 1MDB untuk bela diriBekas perdana menteri Najib Razak berkata rakaman audio itu perlu untuk kes SRC International dan 1MDB yang sedang berjalan. FMTNews NajibRazak SRCInternational 1MDB
Read more »
LGE: Govt to look into issue of rural folks without smartphones to download e-Tunai appBUTTERWORTH: The government will look into the problem faced by some rural folks who do not have smartphones to download the e-Tunai app, says Lim Guan Eng.
Read more »
Toll reduction: First to be implemented despite concession period extension, says Guan Eng | Malay MailGEORGE TOWN, Jan 18 — The move to reduce the toll rate by 18 per cent on several highways under Projek Lebuhraya Utara-Selatan (PLUS), is the first to be implemented in the country, despite extension of the concession period. Finance Minister Lim Guan Eng said the positive approach was to ensure...
Read more »