Ngeh claims Zambry sold state land on the cheap

By Shannon Teoh, The Malaysian Insider

KUALA LUMPUR, Oct 21 — Perak DAP chief Datuk Ngeh Koo Ham filed a report with the Malaysian Anti-Corruption Commission (MACC) in Ipoh today accusing Datuk Seri Zambry Abd Kadir of selling land at a loss of at least RM1.2 billion.

The former senior state executive councillor said he had “concrete proof” that since Barisan Nasional (BN) took power on February 6, 2009 until July this year, the Perak mentri besar alienated nearly 28,000 hectares of land for just over RM150 million.

“I have concrete proof that the land was approved by the BN government since its power grab,” the Beruas MP said in a statement today.

“I suspect there is abuse especially of the industrial and farm land that has been approved at about RM375 per acre (0.4 hectares).”

He said the market price for land in Perak was now about RM50,000 per hectare, meaning that “an open auction would have fetched at least RM1.2 billion for the state government” for the 24,500 hectares of industrial and farm land.

Zambry refuted the allegations on Monday, stating that the land was given to the state religious authorities’ public-funded schools and other state-owned agencies for a nominal fee.

But Ngeh, who was part of the Pakatan Rakyat (PR) government ousted over 30 months ago, said he believed “the land approved for these organisations are just a small portion of the total”.