There’s still quite a bit of unfinished business in this saga.
Why is it so important? First, land which is now said to be worth RM80-100 per sq ft was alienated to the Koperasi for RM10psf or RM3.2 million by the previous BN administration. Millions of ringgit that could have gone to the people of Penang were effectively handed over on a silver platter to the Koperasi-Nusmetro in exchange for peanuts. The big issue is, could the Pakatan state government have stopped the deal in its tracks?
Was the new state government in Penang unaware of the Kg Buah Pala crisis during the crucial period from when they came into power on 8 March 2009 until the land transfer was effected on 27 March 2008? Let’s zoom in on this period.
March 2008
8 – Opposition parties sweep to power in Penang.
13 – Buah Pala villagers meet the new Penang Chief Minister and inform him about their situation.
14 – But the very next day, the state government accepts final payment of RM2,247,000* for the Buah Pala land, nearly a year after the last payment, and almost 10 months after the Land Office asked for final payment.
15 – The villagers are tipped off that final payment has been made.