At long last, the Public Accounts Committee (PAC) report on the mother of all scandals, the RM12.5 billion Port Klang Free Zone (PKFZ), has been tabled in Parliament, together with several tombs of documents, viz verbatim minutes of 13 PAC meetings on the subject from 11th June to 3rd September 2009, Price Waterhouse Coopers’ report on position review of PKFZ and its appendices.
The PAC report has confirmed and vindicated my statements and allegations about the PKFZ not only as “a can of worms” but a “swamp of crocodiles” that I have made in Parliament since the last session, and raises the question why no action had been taken very much earlier to avoid the rotten state of the PKFZ scandal today.
The PAC report has confirmed that RM645.87 million would have been saved if the PKFZ land had been acquired under the Land Acquisition Act 1960, for then it would have cost only RM442.13 million and not RM1.088 billion before interest.
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