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Cowgate and the PV fiasco

PETALING JAYA: Now that the action against National Feedlot Corporation is inching forward, I sincerely hope that a probe on the Patrol Vessel project and its former top officials would also begin immediately.

This is not first time I had asked for an investigation on the PV project but since we are talking about the need to be transparent on such matters and with the apparent effectiveness of the Anti Money Laundering Act 2001 to investigate dirty tricks, it is the best time to stir up some panties.

The NFC fiasco is peanuts compared to the PV project. The PV project originally started at RM5.35 billion and we, the tax payers ended up forking at least another RM4 billion to complete the project.

And like Cowgate, the whole affair of PV had already been laid bare by the Auditor General’s 2006 report. In fact, all the alleged wrong-doings at NFC are eerily similar at the PSC-Naval Dockyard Sdn Sdn Bhd, the company given the contract to build the PVs.

From the Auditor Report:
Bagi melaksanakan perolehan PV, peruntukan berjumlah RM5.35 bilion telah diluluskan daripada RM5.49 bilion yang dipohon. Daripada jumlah yang diluluskan, sejumlah RM4.47 bilion atau 83.6% telah dibelanjakan. Jumlah tersebut adalah termasuk RM1.07 bilion bagi bayaran wang pendahuluan kepada syarikat PSCNDSB dan RM217.27 juta bagi menjelaskan tuntutan Commercial Package
Achievement Fee.

Read the whole report. Here

Like the NFC fiasco, the whole shambolic fiasco of the PV project happened under the watch of many powerful people. If the probe uncovered the link between these people and saudara Amin Shah, so be it.

I might add that if a probe had been done on the PV project following the publication of the 2006 AG report, and throw the book at the people involved, it is likely that the Cowgate episode would not have occurred at all.

We will also not be debating about the value of the SGPV project also.

— Malaysian Defence

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Marhalim Abas: Shah Alam

View Comments (22)

  • What a lost. We lose another ship that will be hard to replace in this current situation to a very gross negligence. A very pity to us all.

  • It's at MMHE, not MSET.

    As to the NGPV, I thought the additional funds channelled was 1.4 bil, not 4 bil. From my readings, the total cost of the project went up from 5.35 to 6.75B.

    Reply
    From the AG report it stated that they needed an additional RM1.2 billion to complete the project. But I am told that the full amount was more than RM9 billion. That's why need to have an inquiry to determine the exact amount

  • The shroud of defence secrecy would be invoked. So cant investigate no wrong

    Reply
    The project is completed, there is nothing to hide apart from the miscreants

  • the obvious fiasco is PV project for ATM, sure if we dig deeper maybe all kind of worms will come out from the cans of 1970s,80s,90s and the new century...malaysia boleh!boleh apa? boleh...owh.

    Reply
    Most of the deals back in 70s and 80s were kosher, though commissions may have been paid but after that....

  • Wow to burn for 4 hours, the damage must be devastating. Any further reports of the extent of the damage? Wonder why was it docked in MMHE for refurbishment? I thought the ship was stationed in Lumut. Did Boustead shipyard sub-con the job to MMHE? What a shame...

    Reply
    They open tender such services to all dockyards...

  • Yes, what I understand is that the First Right of Refusal given to the Lumut dockyard had expired and the RMN is now free to award to other shipyards based on competitive bidding. Also, initial feedback I received from some friends is that nearly 80% of the ship suffered fire damage, including the chart room, the heart of the ship. Thus, if this is true, it is most probably a total loss case. Info is however subject to verification!

  • Re: KD Mutiara

    I guarantee that behind the scenes there is already scheming to offer a replacement. Of course it will be 'locally-built', 'build our expertise', 'stimulate the economy', etc. If we believe everything they say, it may even fly! Of course, the reality will be that it will take twice as long to build as promised, cost 3 times as much as initially estimated and only do a fraction of what a decent survey vessel should do.

    If we really get into conspiracy theories, maybe someone burned the ship in order to provide such an opportunity! (Just pure sarcasm!)

  • No worries... Another round for either open tender for new ship or lease of ship for similar purposes. I wonder who'll get the 'cut' if they go for the 2nd option. Biasalah......