Just when you thought the proposed RM50 million Penang International Convention Centre was bad enough for Penang rate-payers, now Boustead Holdings Bhd has reportedly submitted a RM60 million claim to the Penang Island Municipal Council (MPPP) for scaling down its project in the world heritage zone.

The state government had earlier directed the developer to scale down its 12-storey hotel project to meet Unesco’s 18-metre or five-storey height ruling in the core heritage zone of Weld Quay.

Strangely though, instead of the Penang NGOs being lauded for protecting Penang’s World Heritage status, they have been criticised because Boustead has made a staggering claim.

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The Selangor state government has received a letter of demand for RM339 million for its refusal to allow a hike in water tariffs last year.

The compensation claim was contained in a letter from the lawyers of Syarikat Bekalan Air Selangor (Syabas), Selangor Menteri Besar Khalid Ibrahim revealed in a statement this evening. The letter gave the Selangor government 14 days to pay up.

Syabas is 70 per cent owned by Puncak Niaga Holdings Bhd, which is in turn 41 per cent controlled by Puncak Niaga executive chairman Rozali Ismail. According to Puncak Niaga’s Annual Report for 2008, directors’ earnings for the Puncak Niaga group totalled RM11.6 million for the year with the highest paid director earning more than RM5.7 million.

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