Mindef lost RM258m in land swap deal with Syed Mokhtar — sources

KUALA LUMPUR (Feb 22): The Ministry of Defence (Mindef) allegedly lost RM258 million by selling the Royal Malaysian Air Force base in Kinrara, Puchong at a 34% discount to tycoon Tan Sri Syed Mokhtar Albukhary in a politically motivated land swap deal, said sources contacted by The Edge Financial Daily yesterday.

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None the wiser over ECRL poser

KUALA LUMPUR (Jan 28): With slowing economic growth and mounting concern over RM1 trillion worth of public debts, conflicting statements over the weekend from two top Malaysian ministers over the fate of the RM81 billion East Coast Rail Link (ECRL) project have, worryingly, highlighted that there could be too many cooks in the proverbial kitchen of Malaysia’s financial and economic affairs.

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BN leaders have field day over Guan Eng-Azmin ECRL confusion

KUALA LUMPUR (Jan 26): In light of the “not being on the same wavelength” saga between Economic Affairs Minister Datuk Seri Azmin Ali and Finance Minister Lim Guan Eng over the status of the East Coast Rail Link (ECRL), former big wigs in the government are taking the opportunity to make some jokes at the expense of the two.

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