‘No, Se­lan­gor won’t go bank­rupt’

> Azmin says RM4.2b suit against Syabas, not state gov­ern­ment

The Sun (Malaysia) - - NEWS WITHOUT BORDERS - BY AMAR SHAH MOHSEN

KUALA LUMPUR: Datuk Seri Mo­hamed Azmin Ali ( pix) has laughed off claims that Se­lan­gor would go bank­rupt if it fails to pay Syarikat Pen­geluar Air Sun­gai Se­lan­gor Sdn Bhd (Splash) RM4.22 bil­lion over a suit against Syarikat Bekalan Air Se­lan­gor Sdn Bhd (Syabas).

The care­taker Se­lan­gor men­tri be­sar ex­plained that the law­suit was di­rected at Syabas and not the state gov­ern­ment, and would not in­volve the state con­sol­i­dated fund as claimed by state Barisan Na­sional (BN) chair­man Tan Sri Noh Omar.

“This once again proves that they (BN) lack lead­ers who un­der­stand the state and fed­eral eco­nomic and fi­nan­cial is­sues.

“The one be­ing sued is Syabas, not the state gov­ern­ment. Splash sues Syabas, so of course Syabas is the one who would take the nec­es­sary mea­sures to de­fend its po­si­tion in court later.

“But at the mo­ment, there’s no re­la­tion with the state gov­ern­ment and the con­sol­i­dated fund. So can you please ex­plain this to the min­is­ter?” he said af­ter the ground break­ing cer­e­mony of the Kam­pung Sri Te­meng­gong Rumah Se­lan­gorKu, here, yes­ter­day.

A to­tal of 668 units from two phases will be built un­der the project, with the first phase ex­pected to be com­pleted by 2021.

Noh, on Sun­day, ques­tioned Azmin’s si­lence over the wa­ter is­sue, adding that the state was at risk of bankruptcy as its re­serves is only at RM3 bil­lion while the claim filed against Syabas is RM4.22 bil­lion.

Splash, in a stock ex­change fil­ing on April 9, said it was su­ing Syabas for RM4.22 bil­lion in out­stand­ing re­ceiv­ables owed to the com­pany, ex­clud­ing in­ter­est and costs.

Azmin also re­buked a Malay daily for a re­port it made ac­cus­ing the Se­lan­gor State De­vel­op­ment Cor­po­ra­tion (PKNS) of stray­ing from its orig­i­nal ob­jec­tives of as­sist­ing the Se­lan­gor peo­ple.

In­sist­ing that PKNS re­mains true to its goals, the PKR deputy pres­i­dent said this could be proven by the num­ber of low-cost, medium-cost and af­ford­able hous­ing it has built over the years.

“Of the to­tal 160,258 units in 11 town­ships PKNS has built, 41% are low-cost, af­ford­able hous­ing and 46% medium-cost. That means only 13% are high-cost.

“These facts can be used to re­but claims by some quar­ters that PKNS has strayed from its goals.”

ADIB RAWI/THESUN

Vis­i­tor Ab­de­laziz Ab­dul­lah Sany, 30, with his wife Mas­tura Jaa­far, 28, and son Noah Na­u­fal, look­ing at the build­ing replica of Rumah Se­lan­gorku Idaman PKNS dur­ing the ground break­ing cer­e­mony of Sri Te­meng­gong Rumah Se­lan­gorKu in Batu Caves.

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