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Showing posts with the label Ministry of Finance

It's Not Opcom's First Time

In what is the latest of a series of salvo in the never-ending Mahathir vs Anwar drama, PMX Datuk Seri Anwar Ibrahim brought attention to a fiber optic contract worth RM214 million awarded to a company that included members of Mahathir's family on its board. Anwar asserted that Mahathir had utilised his positions as prime minister and finance minister to grant the contract to Opcom Cables Sdn Bhd in 2003. Most importantly, this approval was given before Mahathir's resignation as prime minister in late October 2003. During the Umno general assembly, Mahathir had publicly announced his intention to resign more than a year prior, in June 2022. Anwar's defense statement further explained that on September 15, 2003, Telekom Malaysia Bhd (TM) sent a letter to the Ministry of Finance (MoF) requesting approval to engage in direct negotiations with Opcom for the supply of fibre optic cables valued at RM214.2 million. Anwar emphasised that TM is a government-linked company where the ...