Lim asks govt to come clean on TSGP project


FORMER Finance Minister Lim Guan Eng questions the government’s decision to revive and continue with the two projects, namely the Trans-Sabah Gas Pipeline (TSGP) and the Multi-Product Pipeline (MPP).

The two projects, which were initiated by former Prime Minister Najib Tun Razak in 2016, have seen 88% of the construction costs paid out to the China Petroleum Pipeline Bureau, even though only 13% of the work has been completed, which is far from completion.

The projects are worth a total of RM9.4 billion, of which Suria Strategic Energy Resources Sdn Bhd (SSER), a wholly owned subsidiary of the Ministry of Finance incorporated, is the company mandated to undertake the two projects.

Pakatan Harapan government had terminated the project before.

“SSER has paid RM8.3 billion, or 88% of the project’s construction value of RM9.4 billion, even though progressive work completion (that has not been audited) is only at 13%,” he said.

“The 662-kilometre TSGP would have stretched from the Kimanis Gas Terminal to Sandakan and Tawau. The 600-kilometre MPP, meanwhile, would have connected various petrochemical projects in Malacca and Port Dickson, Negeri Sembilan to Jitra, Kedah.”

Lim asked why the previous government under Tan Sri Muhyiddin Yassin’s premiership did not take any action against those involved in this extraordinary and humongous financial wrongdoing in paying billions of ringgit for work not done with 88% payout for 13% of unaudited progressive work done.

“Even if the previous government had decided to revive and continue with the two projects, those who were involved in betraying the country’s financial interests must not be allowed to go unpunished,” he said.

He also said that the Pakatan Harapan government has decided that as a matter of policy that any savings generated from projects will be returned to the Ministry concerned or respective states where the project was implemented as this would mean that the billions of ringgits that could be saved from these two projects will be returned to the states involved in the form of much needed roads, water and infrastructure projects.

He further stated that Prime Minister Datuk Seri Ismail Sabri Yaakob should come clean with his role in the previous administration and set a new course to ensure that not only the financial interests of the country are protected but those involved in swindling their own country through such traitorous acts are severely punished.

“Said failure to do so would show that Ismail Sabri is no different from his predecessors in closing a blind eye and even trying to cover up such financial crimes,” Lim said.