Billions about to be embezzled via water deal?

I too have been asked to publicise the following statement.

I had not been following the matter closely, but at the risk of sounding overly partisan, it sounds like:

- Pakatan trying to get the best deal (ie, lowest water bills) for the rakyat, and
- BN trying to screw it up to save their cronies at the taxpayer’s expense.

Hmm. Trying to steal billions from under our noses, while making noise about a bunch of cows?

Did I miss something? More ‘complicated’ than that? Please feel free to enlighten me.

Joint Media Statement by Member of Parliaments in the Selangor Water Review Panel in Kuala Lumpur on Monday, 23rd February 2009:

Federal Government Sabotaged Offer by Selangor Government to Acquire Water Assets and Concession in the State

The Selangor state government made an offer to 4 privatised water service providers – Puncak Niaga Sdn Bhd (PNSB), SYABAS, SPLASH and ABASS to acquire their water assets and concessions on the 13th February 2009.

The combined RM5.71 billion offered was made with the objective to deliver the lowest possible water tarriffs for the residents of Selangor and Kuala Lumpur. At the same time, the offer was consistent with, and guided by the terms and conditions specified in the concession agreements signed willingly by all parties involved. It was a comprehensive offer because it encompasses the audited asset value of all water-related assets as well as a very fair and reasonable return to the capital invested by the respective concessionaires.

However, before the concessionaires are able to respond to the state government’s offer by the 20th February, we are shocked that the Ministry of Energy, Water and Communications, via Dato Teo Yen Hua, CEO of National Water Services Commission (SPAN) announced on the 18th February that the Federal Government will proceed to negotiate directly with the water concessionaires.

Instead of supporting the state’s offer, SPAN intentionally threw a spanner in the works to sabotage the Selangor state’s attempt at delivering the lowest possible water tarriffs to her people.

For with an alternative competing offer which will not only encompass higher cash valuation but also more lucrative terms and conditions from the Federal Government, SPAN has single-handedly destroyed any likelihood of a positive response from the concessionaires to the state government.

Therefore with SPAN’s interference, it was not surprising that the concessionaires rejected the state government’s offer on 20th February, last Friday. We will like to call upon the Minister to explain the actions of his Ministry for sabotaging the efforts of the Selangor State Government.

We will like to reiterate our position that if the offer from the Federal Government to acquire these assets and concessions at the same or lower price than what the Selangor state government has offered, we will not only agree to letting the Federal Government lead the negotiations, but also provide the Ministry with our full support and co-operation.

If however, the Ministry offers the concessionaires a much higher cash value for its assets as well as lucrative license terms for them to continue as the water operators in the state, the Minister must explain why he is forsaking the rights and interest of 7.3 million population of Selangor and Kuala Lumpur.

We will also like to emphasize to the Minister that under the law, particularly the Water Services Industry Act 2006, as well as the terms of the current concession contracts, the Selangor state is a counter-party to all previous and future agreements. Hence the attempt by the Federal Government to unilaterally negotiate with the concessionaires is illegal and will be subjected to future dispute and complications.

Therefore, we call upon the Federal Government to respect the rights of the State and let the Selangor Government proceed with the negotiations with the concessionaires in the interest of the people of Selangor and Kuala Lumpur.

Tony Pua, MP Petaling Jaya Utara
Charles Santiago, MP Klang
William Leong, MP Selayang
Dr Dzulkifli Ahmad, MP Kuala Selangor

7 comments to Billions about to be embezzled via water deal?

  • This is called PIRATISATION SCHEME in Malaysia where the UMNO led government and their cronies plunder the tax payers’ money to enrich themselves. They make suckers out of the rakyat and impoverish the people for the benefit of the selected few. This UMNO jokers think that the rakyat are stupid and brainless. The only one who are stupid and brainless are those malays who support UMNO and get nothing.

  • sinniah

    All the 4 MPs should go on a road show either at ADUN level or at Parliamentary level. Every blogger should publicise it….

    HOW WE ARE GETTING RIPPED OFF again..

  • Ex Neutral

    They did not tought that S’gor will fall to Pakatan in the first place, definately cannot get a GOOOD deal from them. So the next thing for them to do is get the GOOD deal from the bn/federal govt before the bn/federal govt fall also.

  • Ours is the only Govt in the Universe which will side croney biz plunderers and looters against its Citizens!!

    No doubt UMNO/MCA will offer the Water concessionaires in Selangor RM 10 billion compensation and then classify the whole deal and agreement under OSA to be eventually revealed in 2020 when we will start to import water from Indonesia!!

    This counter move by the Fed Govt is clearly an attempt by certain parties to mark up the compensation cost of which 1/3 will eventually find its way back into the coffers of certain political parties as wonderful donations.

    The MACC should step in now to nip this move which is totally against the interest of the majority of the public, or are they too busy chasing cows and cars?
    http://donplaypuks.blogspot.com

  • My2cen

    Kalau bukan sekarang, bila lagi??? When Najib becomes PM, the whole country will be plundered by Rosmah, so the cronies have to make some quick buck$$ now la…

  • That razali Puncak Niaga is a UMNO hard core… a few years ago, I recieve email that mentioned a requirement to work in Puncak niaga is .. he/she must be an UMNO member…\

  • These BE END goons will forever use the Rakyats’ money to “piratise” such projects to enrich themselves and their “f*****g” cronies.
    I hope the Rakyat will HARTAL these B…..END goons and send them to HELL.
    We the Rakyats are always been “hoodwinked” by these “MAGICIANS” !!!!!!!!!!!!!!!

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