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Thursday, October 30, 2008

> Anwar: Enquiry for 3 projects

Datuk Seri Anwar Ibrahim has filed an emergency motion calling for the setting-up of a royal commission to investigate the Government’s decision to spend on three controversial projects.

The three projects are the RM11.31B High-Speed Broadband; the purchase of Bank Internasional Indonesia by Maybank worth RM4.26B; and the procurement of 12 EC725 Cougar helicopters worth RM1.7B.

Anwar said that, on Sept 16, Deputy Prime Minister Datuk Seri Najib Tun Razak, who is also the Finance Minister, had approved the broadband project hastily at a price deemed “too high” and without any open tender process.

On Sept 30, Najib had also approved the purchase of 56% of the shares in Bank International Indo nesia through Maybank, he said, adding that they were bought at a high price.

Two days before he moved from the Defence Ministry to the Finance Ministry, a letter of intent was issued for the purchase of 12 helicopters, a deal made in “a dubious manner”, Anwar said.

The Speaker will decide today whether the motion will be approved for debate - The Star.