PAC navy vessels delivery delay probe: Zahid vows to cooperate

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Title : PAC navy vessels delivery delay probe: Zahid vows to cooperate
Category : Malaysians

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PAC navy vessels delivery delay probe: Zahid vows to cooperate

Former defence minister Ahmad Zahid Hamidi assured his cooperation after the Public Accounts Committee (PAC) said it would summon him with regard to the probe into irregularities in the ministry’s RM9 billion vessel procurement deal.Inked back in 2011 without an open tender, the deal is the ministry’s (Mindef) largest ever. Zahid helmed Mindef from 2009 to 2013.As of Oct 2020, RM6.083 billion in taxpayer’s money has been paid but none of the six second-generation Littoral Combatant Ships (LCS) have been completed or delivered.In a statement last night, Zahid, who is also Umno president and government backbencher, said he was prepared to appear as a witness in the PAC probe. “It must be explained that the LCS were built by a subsidiary of Boustead Holdings Bhd - Boustead Naval Shipyard (BNS) whose biggest shareholder is the Armed Forces Fund Board (LTAT) through Boustead Holding…

Former defence minister Ahmad Zahid Hamidi assured his cooperation after the Public Accounts Committee (PAC) said it would summon him with regard to the probe into irregularities in the ministry’s RM9 billion vessel procurement deal.Inked back in 2011 without an open tender, the deal is the ministry’s (Mindef) largest ever. Zahid helmed Mindef from 2009 to 2013.As of Oct 2020, RM6.083 billion in taxpayer’s money has been paid but none of the six second-generation Littoral Combatant Ships (LCS) have been completed or delivered.In a statement last night, Zahid, who is also Umno president and government backbencher, said he was prepared to appear as a witness in the PAC probe. “It must be explained that the LCS were built by a subsidiary of Boustead Holdings Bhd - Boustead Naval Shipyard (BNS) whose biggest shareholder is the Armed Forces Fund Board (LTAT) through Boustead Holding…


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