PETALING JAYA: Works Minister Datuk Seri Fadillah Yusof has dismissed a report which claimed that the cost of the East Coast Rail Link (ECRL) project would be inflated to "bail out" debts incurred by 1Malaysia Development Bhd (1MDB).
Fadillah also clarified that the matter was not discussed in Cabinet.
“This project, if any, will come under the Land Public Transport Commission (SPAD). So please don't rely on Sarawak Report," he told The Star Online via Whatsapp.
Sarawak Report claimed that the ECRL would receive a 100% hike from RM30bil to RM60bil in a secret deal between the Finance Ministry and China state-owned company China Communications Construction Company (CCCC).
The report on July 26 showed documents purportedly supporting the claims.
The inflated price was to allegedly settle the debts incurred by 1MDB and Low Taek Jho, or better known as Jho Low.The ECRL, a 620km project under the 11th Malaysian Plan, would link Kuala Lumpur with Pahang, Terengganu and Kelantan.