Indemnity may be over RM10bil


GEORGE TOWN: The compensation for postponing approved reclamation projects could amount to more than RM10bil instead of the RM1bil announced earlier, said Penang Chief Minister Lim Guan Eng.

Citing the case of the Tang Hak Ju land issue where the state government was taken to court, Lim said they had to pay about RM30mil compensation although the land was priced at just about RM500,000.

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