Wednesday, October 15, 2008

malaysiakini Missed this SHADY DEAL

It also involves helicopters but these are not the Eurocopters described in the malaysiakini article Copter fiasco: PM to meet Mindef sec-gen.
Even the PAC wants to look at the details of the Eurocopter deal that was hurriedly signed just before the PM changed departments with his DPM.
To me a good means to check deals before anything is signed is for a Parliamentary Committee that specialises in various ministries to vet any agreement that is more than say RM500mil.

The other helicopter controversy that is even more mind-boggling is that the PDRM was allowed to sign a 30-year deal to hire 34 helicopters for a contract of RM20bil. You can read the details in Lim Kit Siang's blog.

That surely is the mother of all contracts and really takes the prize for financial mismanagement.
1.How can the government make such a long term commitment? I suggest such deals should not be more than 5 years plus another 5 year option.
2.Why commit to such technology that can be outdated within 10 years?
3.What is the financial controls placed on such an open-ended deal?

I suggest the PAC should also look at this deal as it seems rather shady.

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