The Prime Minister is just acting as a trustee and has no personal interest in the Penang Outer Ring Road project.

This is the reply to my question asking the PM whether it was appropriate for him to be director of the Penang Bumiputera Foundation that control 34% equity of the Penang Outer Ring Road project and whether there will be a review of the project by offering it through open tender system and financed by government’s fund.

The reply said that the PM is the chairman of the Foundation set up to raise the economic status of Bumiputera in Penang. The equity in the concessionaire would be offered to Kumpulan Perhubungan Sdn. Bhd., a subsidiary company of the Foundation.

The government also said that the Cabinet has approved the award of the PORR contract to Peninsular Metro Works through privatization after thorough and comprehensive evaluation. Therefore the government will not reconsider other methods of financing the project.

Well, it is difficult to accept that PMW has passed through the stringent evaluation process. Other than being an Umno outfit and its political credentials, I think it has not proved itself on the technical and financial aspects in running this project.

Why can’t the government consider the Jelutong Expressway module? The developer builds the road in return of right to reclaim land for property development on both sides of the expressway. The road is also toll-free.

I have never changed my view of the PORR that it is Penang Umno’s crony capitalism at works.