Patriot demands full investigation over 'lopsided' AES deal

  • Nation
  • Sunday, 19 Aug 2018

KUALA LUMPUR (Bernama): The National Patriots Association (Patriot) is demanding a full investigation over an alleged lopsided agreement between the previous government and two concessionaire companies of the Automated Enforcement System (AES).

Its president Datuk Mohd Arshad Raji said the Malaysian Anti-Corruption Commission (MACC) and police should immediately take action over recent reports that the Armed Forces Fund Board (LTAT) had been instructed by the previous government to use its funds to pay RM555mil to the two companies to take over the AES.

"Patriot demands to know who the corporate owners of the two AES concessionaire are, namely ATES and Beta Tegap. Why did the managing director and the board of directors of LTAT allow the RM555mil to be taken from the fund?" he asked in a statement on Sunday (Aug 19).

Transport Minister Anthony Loke on Friday (Aug 17) revealed that RM295 million paid to ATES Sdn Bhd and RM260 million to Beta Tegap Sdn Bhd did not involve taking over a large number of assets but only 40 AES cameras.

He also said that LTAT had acted on the instructions of the Barisan Nasional government.

Mohd Arshad said the use of LTAT funds in this manner was tantamount to criminal breach of trust as the fund was set up primarily to take care of the welfare and retirement benefits for servicemen.

"Patriot strongly requests that LTAT uses its authority and ownership of its vast business empire to seriously take care of the welfare of service personnel and veterans, such as providing employment opportunities, on-the-job training for those in resettlement course, and scholarships for their children," he added. – Bernama

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