Search This Blog

Tuesday, December 20, 2011

Opposition wants KL govt to justify US$2.8b ship purchase

Gowind corvette L'AdroitAn opposition legislator yesterday demanded that the government justify its purchase of six patrol ships for RM9 billion (US$2.8 billion), which it says exceeds the RM6 billion budget approved earlier this year.

Malaysian shipbuilder Boustead Naval Shipyard said in a filing with the country's bourse last Friday that it was given a letter of award by the government to build and deliver six "second-generation patrol vessels, or littoral combat ships" for RM9 billion. The vessels are developed by French manufacturer DCNS.

But yesterday, opposition Democratic Action Party (DAP) legislator Tony Pua said in a statement that the Defence Minister told Parliament in February that the government had approved RM6 billion for the purchase of the ships.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.