Wednesday, May 1, 2013
Selangor Barisan Nasional coordinator Datuk Seri Mohd Zin Mohamed says the land was sold below the market value of RM100 per sq ft.
The caretaker Selangor government has come under fire for allegedly inking a deal to sell 1,960ha of land after the dissolution of Parliament and the state legislative assembly.
Selangor Barisan Nasional coordinator Datuk Seri Mohd Zin Mohamed said the deal, involving a gross development value of RM1.2 billion, was allegedly made on April 15.
He claimed that Menteri Besar Tan Sri Abdul Khalid Ibrahim had tried to deny the purchase but state government subsidiary Permodalan Negeri Selangor Bhd (PNSB) had confirmed the land was sold to a developer.
"PNSB chief executive officer Datuk Ahmad Omar has confirmed that the land was bought by the developer.
"PNSB had also said it (the sale) was a normal business deal but everyone knows that PNSB is chaired by the menteri besar and owned by Menteri Besar Incorporated."
Zin, who is also BN's Sepang parliamentary seat candidate, also questioned why the land, initially earmarked for a federal flood mitigation project, was allegedly sold at RM25 per sq ft despite the current market value of RM100.
He also said this did not even take into consideration future appreciation of the plot.
"It is also not ethical for an interim state government to be involved in long-term agreements. Khalid owes an explanation to the people," he told a press conference yesterday.
The land close to Cyberjaya, Kota Kemuning and Puchong was initially slated in 2007 for the Canal City project involving the construction of an 18km tunnel connecting Sungai Klang and Sungai Langat.
Zin said Khalid had called off the project in February 2011, saying it would not benefit the people of the state.
"He also said the project was redundant following the setting up of SMART (Stormwater Management and Road Tunnel). The fact is Selangor is still plagued by flash floods. Just recently, there were large-scale flash floods hitting Kajang, Klang and Puchong.
"And now, look what has happened to the land after the project was cancelled."
Zin also questioned why PNSB could not furnish details of the tender process. It is understood that other developers such as SP Setia and Mah Sing Group had each placed a higher bid to purchase the land.
In an immediate response, former Selangor state assembly speaker Datuk Teng Chang Khim said the deal had nothing to do with Pakatan state leaders.
"Although the company (PNSB) is a state government subsidiary, the state government does not make the decisions. It is a company registered with the Registrar of Companies. In principle, it is free to conduct its business transactions as usual.
"Its transactions have nothing to do with the dissolution of the state assembly. Its activities are subject to the instructions of the company"s board of directors and not the menteri besar or the state excos."
Teng said it would only be against the law if the state government announced a new policy or an allocation that had not been approved by the Selangor state assembly.