Teng Chang Yeow should explain the cheap sale of over 2,000 acres of state land
As I have explained the sale by open tender of the 1.1 acre Taman Manggis Land Sales, BN Chairman Teng Chang Yeow should explain the cheap sale of over 2,000 acres of state land but also why 1,600 acres of reclaimed land off Butterworth were given free to Rayston Consortium(Butterworth) Sdn Bhd or Rayston when he was part of the previous BN government. BN has clearly run out of political capital when it resorted to not only attacking members of my family but also even my landlady.
BN had lodged reports with the Malaysian Anti-Corruption Commission claiming that I had actually owned the house I was renting. Now they turn around and admit my landlady owned the house but she has a share in the Taman Manggis land. First, my landlady did not bid for the land. She is also not part of any company bidding from the land.
As the Taman Manggis land is by open tender, anyone can bid. Even my landlady or Tan Sri Syed Moktar can also bid and will be awarded if they pay the highest price. BN has no shame in harrassing my landlady when she did not even bid for the 1.1 acre piece of land?
Instead of talking of 1.1 acre piece of land, BN should answer for the nearly 4,000 acres of state land sold without open competitive tender as follows:-
a) In the Tanjong Tokong Reclamation, under Agreements dated 1990 & 1999, the developer was given the right to reclaim and develop 980 acres of land off Tanjong Tokong at the price of RM 1 per square foot!
b) 750 acres of land in Batu Kawan was sold in 2004 at between RM3.05 to RM 4 per square feet.
c) As for the Jelutong Expressway, under Agreements dated 1997, 2002 & 2003, the developer was given the right to reclaim 325 acres of land in exchange for constructing the Jelutong Expressway at an estimated cost of RM300 million and cash payment of RM25.4 million. In other words, the total cost is RM325.4 million for 325 acres or the cost of reclaimed land at Jelutong Expressway is RM 1 million per acre or over RM 20 per square feet. What's more the developer can pay RM 25.4 million over 10 years from 2005 up to 2015 - surely a record for length of payment period.
d) 1,600 acres of reclaimed land off Butterworth was given to Rayston free. Rayston only had to pay RM50 million reclamation cost and build a highway which they are paying through toll collections.
Teng should also explain why 18.7 acres land in Midlands Court and the site of Prangin Mall was sold by tender but not to the highest bidder. Instead for both sites, the 2nd highest bidder was selected. Finally if BN is sincere about building low-cost housing, why is it that BN did not fulfill its promise and plans to build two 17-storey block of low-cost flats on the present 1st Avenue and Traders Hotel sites? This caused financial losses to the people of Penang and were amongst the many reasons Gerakan lost all its seats and BN was rejected in the 2008 general elections.
Clearly, BN is using the Taman Manggis issue to try to save BN Penang Chair Teng Chang Yeow for failing to show proof that myself, Chow Kon Yeow, Phee Boon Poh, Wong Hon Wai and Ng Wei Aik has a personal interest in the hospital project. BN is desperately clutching at straws by even attacking my landlady even though she did not bid for the land. Teng knows he is lying because the sale of the Taman Manggis land was conducted by open competitive tender where anyone bidding the highest price will be awarded to build a private hospital.
Unless Teng answer, the state government would no longer respond to BN's lies and attacks.
