S’gor palace suspends titles of Ling and Phang
By Free Malaysia Today
PETALING JAYA: The Selangor palace today suspended state titles awarded to former MCA president Dr Ling Liong Sik and Port Klang Authority (PKA) general manager OC Phang pending the outcome of the investigation into the Port Klang Free Zone (PKFZ) scandal.
However, added the statement, the suspension of the awards, which carries the title “datuk” and “datin paduka” respectively will be lifted if both are found not guilty and acquitted of the charge.
Jail term
Ling, the former transport minister, was charged under Section 418 for allegedly “misleading the Cabinet between Sept 25 and Nov 6, 2002 into agreeing to purchase 999.5 acres of land on Pulau Indah for a project that is now known as PKFZ, at a price of RM25 psf on a deferred payment for a 15-year period, at an interest rate of 7.5%.
The cumulative interest paid would total RM720 million at the end of the repayment period.
