Tuesday, October 28, 2008

BILLION- RINGGIT CHOPPER DEAL SUSPENDED 'INDEFINITELY'

Prime Minister Datuk Seri Abdullah Ahmad Badawi informed that the controversial multi-billion ringgit deal to buy a fleet of military helicopters has been suspended or has been frozen "indefinitely" until the economy turns better.

While at the press conference today, the Prime Minister Datuk Seri Abdullah who is also Defence Minister, revealed that the purchase price for the 12 Cougar EC725 helicopters from Franco-German firm Eurochopter was RM1.7 billion, and not RM2.3 billion as reported earlier.

PM Datuk Seri Abdullah informed that the Public Accounts Committee (PAC), a powerful parliamentary committee whose task is to ensure that public funds are well used, can continue with its two-day inquiry beginning tomorrow to look into the controversy.

news n photo courtesy of Malaysiakini