MAS catering deal: PAS MP sends open letter to Pak Lah
An open letter was sent to Deputy Prime Minister Abdullah Ahmad Badawi today calling him to clarify if any family 'strings' were pulled in the drawing up of seemingly 'loss-making' terms under the purchase agreement of a MAS' subsidiary.
Kubang Kerian MP Husam Musa said in his letter that the main terms of the privatisation
agreement
- said to guarantee the purchasing consortium Gubahan Saujana a profit of 80 to 85 percent for nine years - will end up creating a "loss for MAS and the country."
The deal stands to see 70 percent of the business sold off to a consortium involving Abdullah's brother Ibrahim Ahmad Badawi, reportedly for RM175 million.
For the rest of this story and more, subscribe for only RM150 a year. If you're already a subscriber, please sign in.
Sign in Subscribe now