Lucrative VEP contract: Liow oblivious of MCA colleague's interest

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Former transport minister Liow Tiong Lai was unaware that his fellow party member was a shareholder of a firm that won a lucrative contract from his ministry in 2015, the Public Accounts Committee (PAC) heard.According to the transcript of the PAC's hearing on March 27, 2019, Liow was asked whether, as the transport minister, he knew that Tanjung Piai MP Wee Jeck Seng owned a 25 percent stake at the time when TCSens Sdn Bhd won the lucrative reciprocal charge-vehicle entry permit (RC/VEP) contract.At the material time, Liow (photo, above) was the president of MCA while Wee was an elected central committee member of the party."I don't have knowledge of the shareholders in the company (at the time). We didn't dwell into that," Liow testified.He said that the decision to award the contract to TCSens was not his alone and that the Transport Ministry's tec…