Prasarana chief’s tenure may be cut short — sources

KUALA LUMPUR (July 26): Prasarana Malaysia Bhd president and group chief executive officer (CEO) Masnizam Hisham (pictured) may see her three-year tenure cut short as she is said to be leaving the company amid criticism from lawmakers that it had caused the cost of the light rail transit line 3 (LRT3) project to balloon.

READ MORE

LRT3 cost may climb due to cuts

PETALING JAYA (July 24): Due to additional costs incurred by changes in design and delivery schedule of the project, contractors with work packages in the Light Rail Transit 3 (LRT3) project have said that they would seek compensation.

READ MORE

Ex-PM Najib 'not entirely lying' on LRT3 figures, says DAP's Pua

KUALA LUMPUR (July 22): Damansara lawmaker and special officer to the finance minister Tony Pua revealed yesterday that ex-prime minister Datuk Seri Najib Abdul Razak (pictured) “not entirely lying” when he disputed Putrajaya's figures on the price tag of the LRT3 project, the Malaysiakini news portal reported yesterday.

READ MORE

Najib aware of LRT3's exact cost — Guan Eng

KUALA LUMPUR (July 20): Former Prime Minister Datuk Seri Najib Razak (pictured) is well aware that the actual cost to build the 37km Light Rail Transit Line 3 (LRT3) is RM32 billion as he had been present at relevant meetings to discuss the project, Finance Minister Lim Guan Eng reiterated today.

READ MORE

MRT2's overall cost can rise to RM50b, Tony Pua says

KUALA LUMPUR (July 20): While Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has said it is trying to reduce the RM32 billion construction cost for the MRT2, government lawmaker Tony Pua says the project’s overall cost could balloon to RM50 billion.

READ MORE

Guan Eng: LRT3 is a mini 1MDB scandal

KUALA LUMPUR (July 17): The light rail transit Line 3 (LRT3) project is a mini 1Malaysia Development Bhd (1MDB) scandal due to the opaque nature of the transactions pertaining to the megaproject, said Finance Minister Lim Guan Eng.

READ MORE