China denies offering Pahang royalty RM1.3b commission

  • Jun 12, 2018
  • Views 230

Image Description

A Chinese construction firm has refuted claims that it was part of a consortium which promised hefty commissions to the Tengku Mahkota of Pahang Tengku Abdullah Sultan Ahmad Shah to facilitate a government project.

China Rainbow International Investment Co Ltd (CRIIC) said in a statement today that a purported letter circulating on social media claiming such was a "fabrication".

"The contents are totally false," said CRIIC chairperson and president Li Dacan in a statement today.

When contacted, Tengku Abdullah's spokesperson said the regent had no links with CRIIC.

Yesterday, a letter bearing the CRIIC letterhead purportedly documented the company's obligation to pay Tengku Abdullah an RM1.3 billion commission in the event that the so-called Sapura-China Rainbow Consortium won the contract for the MRT3 project.

Li, in his statement, pointed out that a consortium by that name does not exist.

So far, four consortiums have submitted bids for the MRT3 project. They are:

*the MMC Corp Bhd-Gamuda Bhd-George Kent Bhd consortium.

*the China Communications Construction Company Ltd-China Communications Construction Company (M) Sdn Bhd joint venture (CCCCJV).

*the Sapura Group-Top International Engineering Corp (TIEC). 

*the Pacific Construction Group Company Ltd- Mudajaya Group Bhd-Jaycorp Engineering and Construction Sdn Bhd (JEC).

However, the next stage of the bidding process will be unlikely as the Pakatan Harapan administration has announced that the MRT3 project has been scrapped as the country currently couldn't afford it.

Li said that his company "conducts its business with full integrity and practices the highest standards of corporate governance."

He added that his company was also seeking legal advice and reserved the right to initiate civil and criminal action against those behind the letter.