[VIDEO] Kenyan President reveals how Malaysian minister maintains his home

THE THIRD FORCE

Following is a speech delivered by Uhuru Muigai Kenyatta, President of the Republic of Kenya, delivered at the the Anti-Corruption Conference in Bomas, Kenya on the 15th of January 2019

The president was probably referring to how ministers benefitted from the lopsided toll concession deals that Mahathir’s nineties government signed in 1986.

That year, Mahathir privatised the construction and maintenance of the North-South Highway to his crony, Halim Saad, for a period of 30 years.

But for unknown reasons, he got the GoM absorb construction costs despite letting Halim collect tolls for that period and agreeing to a 10% increment of rates every three years.

Prime Ministers who succeeded Mahathir were forced to stretch the concession period to minimise hikes in toll rates.

Can you now see where the “excess benefits” the Kenyan President spoke of is coming from?

Thanks to Mahathir, no matter who becomes Transport Minister, there are bound to be some “extra dollars” entering his (or her) pocket.


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