A case of land in Jinjang probably sold at below market value to two Umno-linked companies should be investigated, said Kepong MP Lim Lip Eng.
- Land owned by FT of KL sold to two Umno-linked companies at request of Najib, without open tender
- Companies allegedly ask for 30% discount
- Two companies sold to Perdana Park City which is collaborating with China-based Country Garden Holdings in a mixed-use development
- Part of luxurious condos to be built over reclaimed land over Jinjang Flood Retention Pond
Lim claimed there could be elements of corruption and fraud in the land sale, implicating former prime minister Datuk Seri Najib Tun Razak.
He called on the Malaysian Anti-Corruption Commission (MACC) and Inland Revenue Board of Malaysia (LHDN) to investigate the matter.
Following a meeting with Chief Secretary to the Government, Tan Sri Dr Ali Hamsa on Thursday, Lim said it was confirmed that the 32.37ha land owned by the Federal Territory of Kuala Lumpur Land and Mines Office was sold to the two companies at the request of Najib, without an open tender.
However, Lim could not confirm if the price of the sale was below market value.
“The companies had also allegedly asked for a 30% discount of the RM237 million land premiums, which Najib had asked Ali Hamsa to consider granting.
“I will be writing to the MACC to investigate for criminal breach of trust and abuse of power.
“I will also ask the LHDN to also find out if any tax was paid after the sale of the land,” he said during a press conference today.
He had sought clarifications from Ali Hamsa because the Federal Territory of Kuala Lumpur Land and Mines Office is under his purview.
Kepong Community Service Centre head Yee Poh Ping, who also attended the meeting, said they were told that the mixed development project would involve about 14,000 luxurious condominium units, part of it to be built over reclaimed land over the Jinjang Flood Retention Pond.
“This pond is an important infrastructure for flood mitigation in the north part of the city.
“The authorities must ensure that the project will not jeopardise the flood mitigation feature,” he said.
Lim and Yee said they also sought Kuala Lumpur City Hall (DBKL) to amend the development order to include affordable housing units.
Lim was reported to say that the 35.2ha piece of land was sold at RM68 per square feet on Nov 20, 2015, when the market value then was at least RM250 sq ft.
The land was then sold by the two Umno-linked companies to a Sarawak-based developer Perdana Park City Sdn Bhd.
It was reported in April this year that Perdana Park was collaborating with China-based Country Garden Holdings Co Ltd for mixed-use commercial development on the land consisting of a hotel, offices, parking, shopping mall, connectivity and apartments. – The Star
Earlier report: June 16, MP: How Luxury Condo Project on Land from Flood Mitigation Pond Approved?