For subscribers
After 13 years, Malaysia's scandal linked to Port Klang still has no culprits
Sign up now: Get ST's newsletters delivered to your inbox
The PKFZ scandal involved the construction of a mega distribution hub in Port Klang, with alleged corruption greatly inflating the costs of the project.
PHOTO: ST FILE
Follow topic:
KUALA LUMPUR - Long before 1MDB hogged the headlines, there was PKFZ - the Port Klang Free Zone multibillion-dollar scandal involving Malaysia's busiest sea port.
It was arguably the country's most well-publicised case of mismanagement of public funds, with alleged corruption greatly inflating the costs of building a free trade zone within the Port Klang regional shipping hub, to the tune of some RM12 billion (S$3.9 billion) including loans guaranteed by the government and interest charges.
