Najib tells of ‘secret RM2 billion loan’ for Penang project

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On a visit to Penang last year, Najib Razak posed on a beach while raising questions about the Penang tunnel project. (Facebook pic)PETALING JAYA: Najib Razak has accused former finance minister Lim Guan Eng of secretly using a government guarantee to obtain a US$500 million (RM2 billion) loan to finance some of the costs for “his beloved” Penang tunnel project.Najib alleged that the loan from the Asian Development Bank “was never announced by the Pakatan Harapan government before or reported by any media”.His information was based on a parliamentary reply by Finance Minister Tengku Zafrul Aziz to a question from Chan Kon Yeow, the Penang chief minister and Tanjong MP.Lim was the finance minister in the Pakatan Harapan government which was in power from May 2018 to late February this year.Najib said the loan had been cancelled by the Perikatan Nasional government, which took o…