PKFZ Report: Time to book the violators
The PKFZ report is out but Malaysians want to see those responsible for violating governmental procedures and guidelines with possible conflicts of interest to be answerable.
In other words, the report should not just gather dust. It should not be released merely to calm the public. Real follow-up actions must be taken by the MACC, which has claimed that it has completed its initial investigations.
The public has the right to know because the costs to incurred are very big, ballooning to an estimated RM7.453bil mainly due to interest charges. It could even go as high as RM12.5bil should PKA default on its loan repayments in the years ahead.
If that's the case, the MACC should not waste too much time in hauling up those who need to answer for the role they played in this fiasco.
One is reminded of the RM2.5bil BMF scandal in 1983, where powerful individuals were channelling the money from the bank into their private accounts. One auditor sent to investigate the case was murdered in Hong Kong.
