Mindef: Land swap losses due to ‘outrageous’ political intervention and more

By YIMIE YONG

PETALING JAYA: A lower valuation than the market price, weaknesses in contract management, and “outrageous” interference for political interests are among the reasons the Defence Ministry lost more than RM500mil from several land swap deals.

“Outrageous interference for political interests contributed to the weaknesses in the management of the land swap projects in the ministry,” the Defence Ministry said in a statement on Thursday (May 9).

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nation , Defence Ministry , land swap deals

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