‘Probe Selangor’s shady land deal’
Anisah Shukry, FMT
The Pakatan Rakyat-led Selangor government sold 1,172 acres of land to Tropicana Corp Berhad at half the market price last year, Selangor Umno deputy chief Noh Omar said today.
“The Malaysian Anti-Corruption Commission (MACC) must investigate why the land was sold far below the market price at RM17 per sq ft,” Noh told a press conference at the Parliament lobby today.
Last year, the Selangor government had sold the land in Canal City, Kuala Langat, for RM1.3 billion, payable within 20 years, but then amended the offer on April 4 this year to RM844.3 million.
But Noh said Tropicana Corp Berhad had sold 308.72 acres of the land to Eco World Bhd at RM470.674 million or RM35 per sq ft.
“Selangor Umno is demanding an explanation from the state government as to why the land sold to Tropicana was not in line with the market price.
“In less than a year, the Canal City land was sold to Eco World at almost twice the original price,” said Noh.
He said Selangor Umno would lodge a report with the MACC this week on the land deal.
“Maybe the deal was made under the table? Maybe the state government used the money for the 13th general election? We leave all of this to MACC to investigate,” said the Tanjong Karang MP.
