In August, transport minister Loke Siew Fook said Malaysia would enter into a RM10.7 billion leasing agreement with China to acquire an additional 62 passenger trains for KTMB.
PUTRAJAYA: Transport minister Loke Siew Fook has dismissed the need for the Public Accounts Committee to probe a RM10.7 billion leasing agreement with China for electric trains, saying that the contract is still in its conceptual phase.
“I do not know what they want to investigate. The contract has not even been signed.
“There is nothing for them to investigate because this project is still at the conceptual stage,” Loke told a press conference after an event at Zenith Hotel here today.
The leasing arrangement, which was reported to involve the transport ministry, economy ministry, Railway Assets Corporation, and Keretapi Tanah Melayu Bhd (KTMB), was flagged for review by PAC chairman Mas Ermieyati Samsudin.
Mas Ermieyati last week said that the train deal was one of five projects the PAC would be probing starting February next year.
In August, Loke said Malaysia would enter into the RM10.7 billion leasing agreement with China to acquire an additional 62 passenger trains for KTMB.
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