By Khairie Hisyam
In a series of four articles KiniBiz looks at a government-owned private finance initiative company that is collecting rental from the Federal Lands Commissioner for land that the latter had always used for free. In the first part, KiniBiz explores a strange lease-and-sublease arrangement that made this happen. We move along to consider how the government could have done things differently. Next up, KiniBiz takes a closer look at the more than RM20 billion that has been quietly spent for PFI undertakings. Finally, Tiger ponders whether Putrajaya’s private finance initiative is simply an excuse to reward the select few.
Issues
#1
A government-owned private finance initiative company is collecting rental from the Federal Lands Commissioner for land that the latter had always used for free. But why? In the first part of ...
#2
Why did Putrajaya choose to fund its private finance initiative through such convoluted means? And is it really a PFI when funding comes from the government? In this part of the issue KiniBiz ...
#3
A shroud of mystery continues to engulf Putrajaya’s strange private finance initiative undertaking years after it was began with double-digit billions in starting funds. Behind the veil of ...
#4
There is a mysterious vehicle that has spent double-digit billions and there is an air of mystery, alongside a strange propensity to walk uphill, surrounding what should have been a ...
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