Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    COURT TO DECIDE ON LING LIONG SIK'S CASE THIS FRIDAY

    KUALA LUMPUR, Jan 25 (Bernama) -- The High Court will decide this Friday

    whether former Transport Minister Tun Dr Ling Liong Sik needs to enter his

    defence or be freed on a charge of cheating the government in the Port Klang

    Free Zone (PKFZ) project.

    The controversy in the PKFZ project also involved Port Klang Authority (PKA)

    general manager O.C. Phang and another former Transport Minister Tan Sri Chan

    Kong Choy.

    Phang is charged with three counts of criminal breach of trust (CBT),

    involving RM254.85 million, while Chang is charged with cheating former Prime

    Minister Tun Abdullah Ahmad Badawi of RM1.9 billion.

    All pleaded not guilty to the charges made against them.

    Dr Ling, 68, is charged with cheating the government by not disclosing to

    the Cabinet an additional interest rate of 7.5 per cent per annum on the

    purchase price of the land for the PKFZ project, which had been fixed at

    RM1,088,456,000 by the Valuation and Property Services Department (JPPH), based

    on RM25 per sq ft, inclusive of the coupon/interest rate.

    -- MORE

    COURT-LING 2 (LAST) KUALA LUMPUR

    He also faces two alternative charges, of cheating and intentionally

    omitting from the Cabinet that the 7.5 per cent per annum was an additional

    interest rate on the land price.

    Dr Ling, represented by lawyer Wong Khian Keong, is charged with committing

    the offences at the fourth floor of the Prime Minister''s Office, Perdana Putra

    building in Putrajaya, between Sept 25 and Nov 6, 2002.

    -- BERNAMA

    ZMN BHA MIS

    How do you feel about this article?

     

    There are no comments yet

    Most Popular

    POLL

    What concerns you about Malaysia?

    Loading...
    Poll Choice Options