www.malaysiandefence.com is the first Malaysian-based English website dedicated to the Malaysian defence and security news. Malaysian Defence is helmed by Marhalim Abas, who was a former journalist and editor with the New Straits Times, the Malay Mail and the SUN daily.
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As indeed, ’twas a convoluted mess, Tuan Yang di-Pertua.
I might have missed the boat on a lot of the details, but does anyone have any info about the 3rd party settlement agreement he stated? Who was it and for how much amount exactly?
Much appreciated!
The international settlement agreement has and will not be made public. Likely we will get the general details only
Ah, that’s unfortunate. Thank you for the info, Marhalim.
Wonder If the settlement would involved actual dollars & cent which would need to pass through parliamentary approvals or just a hush hush gentleman agreement to compensate the 3rd party with future contracts as they did with the Kedah?
Any extra allocation will not be passed by the Parliament, it will be done by the Finance Ministry. Though it is likely the Defence Ministry will have to update the PAC on the progress of the project
As long as the additional appropriations does not exceed the parliament approved budget, its just a matter of the government reallocating from other parts of the budget. If the additional appropriations exceeds the parliament approved budget, then the government will need to seek parliament’s approval for additional funding – supplementary budget requests. For example, the additional appropriations could come from delaying another project, or taking from the healthcare budget. It could also come from lower than budgeted subsidy spending, meaning there is unspent monies that can be appropriated.
True but buying something for another service using funds from another one despite knowing the original service needs the capability is remarkably stupid.
Still didn’t clarify what is the actual cost to complete all 5 units. We could end up payinf RM3b for each (USD667M). At this price we could get a FREMM with 32 VLS. How ridiculous is this. We became laughing stock