It is interesting to hear Abdullah Badawi saying that the second Penang Bridge will proceed as planned even if he is no longer PM.
Abdullah and former Penang chief minister Koh Tsu Koon have not explained how a little known but well-connected company, Abad Naluri, managed to get hold of over 1,000 acres of potential prime land in Batu Kawan on the mainland, just around the site of the proposed second Penang bridge.
On 16 Jan 2004, just one and a half months after Abdullah took over as PM, the Penang Development Corporation entered into a ‘master agreement’ to sell eight plots of land in Batu Kawan to the “fortunate” Abad Naluri. In Nov 2006, Abdullah officiated at the ground-breaking ceremony of the second Penang Bridge, located near these plots.
On what basis was one company granted such a vast area of land and at what price?
The Pakatan-led Penang state government, for its part, has not yet revealed the result of its investigation into this particular deal, which is begging for answers. What’s holding it up? Is it satisfied that everything is above board?
Abad Naluri has since been sold to another obscure company, Kiara Ikhtisas Sdn Bhd.