Where are the answers to Sarawak Best Kept Secret

Posted by: Dayak Undead

Sarawak BN Best Kept Secret

In previous DUN Sarawak sitting 2007, DAP YBs made several enqueries most notably on some of state’s best kept secret:

1) 1st Silicon Sarawak and

2) Titanium bridge project.

Part of the DUN proceedings was from DAP YB Wong Ho Leng’s DUn diary (http://yippeego.com/ypwordpress/?p=133) but the point is how BN YBs either simply no reaction, slow reply, laugh it off, silence on such possible mega losses suffered by both state and federal government funds.

Why did the JKR Director clarified on behalf of Titanium?

We all know how swift the state JKR director issuing clarfication later in Borneo Post on Titanium issue which is quite bizarre for top civil servant to deny the clearly lopsided contract and payment sums to Titanium out of public funds.

Thanks to YB Wong’s diary, at least we know some of the proceedings that Borneo Post or other media seems to be reluctant to publish.

We all know who own Titanium - refer Aljazeera 101 East Program.

These two issues however might not catch much attention now in 2009 or 2010 but the stain of abuse remains. This is no longer issue of DAP making noise or Dayak YBs some of them debate-shy be it in Dewan Rakyat or DUN but this involves all of our money being robbed.

1) 1st Silicon/ X-Fab Silicon Sarawak: RM3 billion scam?

“Chong also spoke on the nerve spot of the Government investment arm – 1st Silicon.

Without even hearing anything yet, the Speaker wanted to stop him, saying much has been delved on it in the previous sitting. No, said Chong, he had further information, and proceeded.

Massive debts to the tune of RM3,152,725,672 had been transferred to the X-Fab Silicon Sarawak Sdn Bhd, a state owned company. Every single sen comes from the state coffer.

Approved agencies trust Fund

Has the administration told us about this? BN did not bother to ask. Yet, these expenditures appeared in our Budget under item Government’s contributions toward approved agencies’ trust fund.

Why no names of recipient mentioned? It is Sarawak MONEY!

No beneficiary was ever mentioned, just investment in high tech industry. There was absolute silence in the Dewan, despite Chong’s strong words that they all sit there and took all these from the administration.

1st Silicon was bailed out – the BN government got con

Calling it the prodigal son of Sarawak, Chong said RM1,719,083,100 was used to bail out 1st Silicon. The Accounts showed that since its inception the accumulated loss of 1st Silicon was RM2.5 billion. Chong suggested for a white paper to be presented on 1st Silicon – why 1st Silicon lost so much?

Who was responsible?”

2) Sarawak Bridge Replacement Project: RM240 million scam?

“Chong proceeded to go to another area highlighted in the Audited-General’s report.

Titanium awarded RM$551.02 million contract

In 2000, a contract to build 384 bridges had been given to Titanium Management Sdn Bhd for RM551.02m. The contract was awarded without tender.

One stroke of a pen, Chong said, though at the time of the award, the company was less than 2 years old; It being formed in 8.10.1998. After a few years of implementing, there was a cost overrun by 76%.

Titanium claimed RM947.84 (who is the Finance Minister?)

Only 322 bridges were built as opposed to 384. Titanium claimed RM947.84m. The Government agreed to pay. The Auditor-General made comparative study between 2 similar bridges, one by direct negotiation, and another by open tender. As Chong went through the figures, the BN listened in absolute silence.

It was of course, less costly by open tender.

Why did the Government award the contract in this manner, to one company?

Because of this cost-overrun, the Government could not come out with the money in time to pay Titanium. The Government as at Dec 2006, owes Titanium approximately RM240m. Under the contract, our state Government has to pay interest calculated at 3.8% per month on the debt.

Loan shark rate

Soon Koh was laughing at what was said. Chong said that rate was loan shark rate. Soon Koh stood to say that Chong’s reading of the Report was wrong. But like all ADUNs, I am eager to seek the truth. I hope Soon Koh would be very enlightening.

Titanium is owned by Pehin Sri Taib’s son

Chong said the state Government said the bridges were awarded to Titanium based on track record. What track record has Titanium got? Chong asked whether the only record was because the majority shareholder of Titanium was the Chief Minister’s son?

Also, he said, all the bridges were built by Sub-Contractors.

Something is very wrong.

The Minister should offer a truthful explanation. Jabu said he would, and insisted that all Opposition members be present to hear his explanation. He can be assured that the DAP will turn up in full force to hear him.”

WHERE IS THE EXPLANATION?

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June 23, 2009 · Filed Under Economy

Comments

6 Responses to “Where are the answers to Sarawak Best Kept Secret”

dayakrambo on June 24th, 2009 11:06 am

this is the BIG MAFIA of modern world,,we all know many kind of this has happened for the very long time, salute the YB who speak out base on tha fact, hopefully all swkian open their eye wide, who is this man, feel monies was never enough for him and family….
Papung Engkilu on June 24th, 2009 2:04 pm

PKR State Committee & Leadership.

Dear Visitors,

Following the announcement of the PKR Sarawak State Committee, we have receive numerous request to carry a Poll to determine who should continue to lead PKR.

Currently PKR Sarawak State is under the leadership En Mustaffa Kamil Ayub assisted by various committee and three advisors (excluding Datuk Seri Anwar Ibrahim).

PKR State Committee & Leadership.

To enable us the gauge the feelings of other PKR Members and Supporters, we appreciate if you could have your say by casting your Vote at the Poll located at the sidebar.

If you feel none of them qualify, just “Tick” at the appropriate questionaire and it would as usual be counted as a Vote.

——————————————–

Be informed I ve voted Dr. John Brian to head the State PKR. How about you?
changop4540 on June 24th, 2009 2:16 pm

VOTE FOR DAYAKBARU Dr. John Brian as PKR State Liasion Chief and PKR candidate for Kemana in the forthcoming State Election.
Papung Engkilu on June 24th, 2009 3:22 pm

Tuai Rumah- bisi orang nyaru masuk dalam ruai nuan. Tangkap lalu saman iya nya tauka kami duai sama nama.

PE
Absolute Titanium Design Company on July 9th, 2009 10:41 am

Titanium is good to use with as it is precious and the composition is strong.
akong on August 5th, 2009 11:16 pm

If all the above allegations on the awards of major contracts were genuine/correct than it’s high time the matter be brought to the knowledge of relevant authorties. Breach of contracts’s awards contravened certain sections of the state’s laws. By only raising the descrepancies in columns like this serves no impact and very few readers will be able to swallow even if it is true and factual.So act properly and you will be rewarded for the jobs well done.