Friday, September 11, 2009

Police quiz Tiong for four hours

What say you on the issue below?

KUALA LUMPUR: Kuala Dimensi Sdn Bhd (KDSB) chief executive officer Datuk Seri Tiong King Sing was grilled by the Commercial Crimes Investigations De-partment (CCID) for almost four hours on the Port Klang Free Zone (PKFZ) scandal.

Tiong arrived at the department at Bukit Perdana at 10am and left at 2.10pm after having his statement recorded by a senior police officer.

The embattled CEO who is the Backben-cher’s Club chairman is being investigated by both police and the Malaysia Anti-Corruption Commission (MACC) over the scandal.

He left in a silver Mercedes Benz and refused to talk to scores of reporters who gathered outside the premises.

CCID director Comm Datuk Koh Hong Sun confirmed that Tiong was quizzed by his officers but declined to elaborate.

Tiong, who is also Bintulu MP and treasurer-general of the Sarawak Progressive Democratic Party (SPDP), is the main developer appointed as the sole turnkey contractor for the project without any competitive bidding.

A task force, set up by the Transport Ministry, had on June 10 found possible fraud, including overcharging and unsubstantiated claims which could run up to RM1.5bil by Kuala Dimensi.

Among the irregularities discovered by the taskforce were fraudulent claims on electrical infrastructure worth RM55.8mil which had yet to be carried out on the site and an alleged “over claim” for hotel works, for which Kuala Dimensi had claimed RM69.6mil compared to the quantity surveyor’s valuation of RM44.7mil.

PricewaterhouseCoopers Advisory Services (PwC) which was commissioned by Port Klang Authority (PKA) to look at the PKFZ project, estimated that based on current projections of revenue and costs, including interest costs, the project could eventually cost RM12.45bil.

Last Thursday, the Public Accounts Committee found that payments worth millions of ringgit were made to Kuala Dimensi without the prior approval and knowledge of the PKA board.

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