LETTER | This to ensure that the cabinet receives a fair and accurate picture.
Federal Territories Minister Khalid Samad’s media statement yesterday in November 2017. Note that this is the developer’s statement of what has been paid. It isa claim for compensation nor has the court recognised any of these amounts as qualifying for compensation.
From the summary, the developer states that it has paid out about RM115 million in connection with the project. RM84.4 million of that total figure comprised land premiums and DBKL development charges/infrastructure charges .These two categories alone amount to RM110 million already. If the project is cancelled, these amounts would be refunded in exchange for the 12 acres being returned. These would be refunds, not compensation.
As for actual amounts expended on the project in the form of contractor and consultant payments and other miscellanous items, as of November 2017, these amounted to about RM5 million only. Again, we urge the minister to seek proper, independent advice as to what amounts to"compensation" in order to ensure that the cabinet receives a fair and accurate picture.To post or ‘like’ comments on Malaysiakini stories, you will need to sign in with an active paid subscription.
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