Due to completion of employment contract.
CIMB Research’s Sharizan Rosely and Kamarul Anwar said a slight positive that came out of the 11MPMTR was the public-private partnership model in contract procurement will be beefed up.
"The MACC, as what I can remember, never confirmed that (the matter) was final, that the RM2.6 billion was a donation."
Under the consent award, Malaysia is obliged to pay US$5.78 billion to IPIC and the bond trustee over five years. The country has paid US$1.46 billion so far.
The AG said the Malaysian government is "confident that we have a strong case".
Its wholly-owned subsidiary Kimlun Sdn Bhd was awarded the contract for the main building works for a commercial building and a block of apartments at Medini Iskandar.
Najib Razak has arrived at the Kuala Lumpur Court Complex for the hearing of his application to transfer 25 graft-related charges involving some RM2.3 billion linked to 1Malaysia Development Bhd (1MDB), to the High Court.
Although Singapore has repeatedly claimed that Malaysia has lost the right to review the water price, it only shows the weakness of Singapore that is trying to twist the facts. - Marzuki