
In a statement, he also repeated his call for Lim to reveal how much had been paid to contractor China Railway Construction Corporation Limited (CRCC) since 2013.
“With Guan Eng admitting that CRCC was never a shareholder despite what he said before, and the withdrawal of BUCG entirely from the project, the Penang government has essentially awarded a RM6.34 billion project to an 82-day old company with paid-up capital of only RM300,000 at that time,” he said, referring to Beijing Urban Construction Group.
“Without these two China companies as shareholders, the Penang people have a right to know if the SPV still fulfils the RM381 million minimum paid-up capital to even qualify for the tender.”
Wee, who is a minister in the Prime Minister’s Department, had previously questioned CRCC’s role as a shareholder claiming that it was the Penang government which had said CRCC held a stake in the project.
He cited the state organ, Buletin Mutiara, as having quoted state secretary Farizan Darus as saying the consortium had a paid-up capital of RM4.6 billion, with Zenith Construction Sdn Bhd and CRCC jointly holding a 70% stake.
In his statement today, he said there was no point continuing to argue with Lim over the matter.
He also told Lim not to “hide” behind Farizan but to answer the question concerning the SPV.
He was responding to Lim, who said on Tuesday that Farizan should not be dragged into the matter as the Malaysian Anti-Corruption Commission (MACC) investigation was still ongoing.
“As a civil servant, he cannot comment when MACC is investigating,” Lim had said.
The 7.2km undersea tunnel will connect George Town’s Pangkor Road on the island and Bagan Ajam in Butterworth on the mainland. Construction is scheduled to begin in 2023.
The “three main roads” stretch from Air Itam to the Tun Dr Lim Chong Eu Expressway (5.7km), Tanjung Bungah to Teluk Bahang (10.53km), and Jalan Pangkor-Gurney Drive junction to Tun Dr Lim Chong Eu Expressway (4.1km).