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Oct 15, 2008

Public Accounts Committee to look into Eurocopter, Maybank, TM deals

malaysianinsider | The Public Accounts Committee (PAC) will be conducting inquiries into a number of recent controversial deals involving both the public and private sector, including the acquisition of Bank Internasional Indonesia (BII) by Maybank, the Eurocopter deal and the broadband project awarded to Telekom Malaysia.

Its chairman Datuk Seri Azmi Khalid told reporters today that the committee will soon be calling in the relevant parties to understand their rationale behind the decisions.

He said that the committee had yet to fix a specific date to begin their inquiries.

Asked if the committee would call in the Deputy Prime Minister to assist in their inquiries, Azmi smiled and said: “We will see first. We don’t want to jump the gun.”

Petaling Jaya Utara parliamentarian Tony Pua, who is also a member of the PAC, later explained that the inquiries would take some time.

But he was optimistic that the matters would be dealt with by next month or “definitely by year end”.

“There are too many issues to discuss. The presentation for Maybank itself will take up to one hour. then the panel will want to ask questions.

“Each could easily take up half a day and that doesn’t take into account the issues that have already been planned ahead,” he elaborated.... selanjutnya.


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