DBKL gets green light to sell 'shady deals' land

Updated 7 years ago · Published on 7 Oct 2018 12:14PM · 4 Comments

Federal Territories Minister Khalid Abdul Samad says the sale of 10 other plots has been stopped, and the land returned to DBKL with compensation paid out to the would-be buyers. – The Malaysian Insight file pic, October 7, 2018.

KUALA Lumpur City Hall (DBKL) has gotten the go-ahead from the government to complete the sale of 43 parcels of public land, which was previously suspended due to allegedly shady deals.

Federal Territories Minister Khalid Abdul Samad said the sale of 10 other plots has been stopped, and the land returned to DBKL with compensation paid out to the would-be buyers.

“The money paid for the land reobtainment is around RM120 million,” he told reporters on the sidelines of the KL Car Free Morning event today.

“Another 23 transactions are being renegotiated for the return of the funds. We will make an announcement tomorrow.”

The sale of 64 parcels of public land by the previous Barisan Nasional administration was thrust under the spotlight following the May 9 general election, which saw a change in government.

Kepong MP Lim Lip Eng has questioned the sale to the Federal Territories Foundation and other developers at below market price, which was not done via open tender.

The DAP lawmaker has urged the Malaysian Anti-Corruption Commission to look into the RM4.28 billion sale, which was carried out in 2013 under then Federal Territories minister Tengku Adnan Tengku Mansor.

A special committee was then set up by the ministry – on Khalid’s orders – on July 31 to look into the sale of the 64 plots. The committee’s report was subsequently handed to MACC on September 4.

Today, Khalid said the number has increased to 97, after Lim highlighted the matter.

It is estimated that the plots amount to 273ha, or 1.1% of the total size of Kuala Lumpur.

“Initially, the number of transactions was estimated to be 64. This has since increased to 97. The land will be bought back for future savings,” said Khalid.

He said another 20 parcels have been transferred to their respective buyers, though MACC is still investigating the transactions. – Bernama, October 7, 2018.

Sign up or sign in here to comment.

Comments

  • The minister should answer why was the green light given?!

    Posted 7 years ago by K Pop · Reply

  • Where will the profit goes ? Where is the transparency ? Previously more goes to pockets, less goes to DBKL maybe now more will goes to DBKL with less (but still) goes to some pockets.

    Posted 7 years ago by TC BOY · Reply

  • Ku Nan must be responsible. We voters expect accountability and transparency from him. He must face Rule of Law

    Posted 7 years ago by Tam Yan Cheng · Reply

  • If land parcels were bought in illegal deals, the govt has the right to seize them and declare null and void. Paying more money to get back own land is also shady, khalid pls answer why

    Posted 7 years ago by Laza Jubu · Reply