QUOTE(prophetjul @ Jan 17 2020, 09:21 AM)
The later owners are us, by way of Khazanah (government) and EPF.So basically the toll has become a tax.
The original contract was massively lopsided and that's what led to massive profits by private companies. Right now whatever losses that are incurred by restructuring the deal will be felt by the people anyway in the way of lower returns for Khazanah and EPF.
Mahathir and his highway deals already fucked us many times over already... there's nothing to do with them now that will benefit the people.
The same deal with the IPPs, since all the IPPs have been bought up by 1MDB, so if they cancel the horrible deals or renegotiate the IPP contracts, its 1MDB (us, through the government) that will lose. I'm sure Najib who got us into that fucking mess by bailing out the IPPs through 1MDB towards the end of the IPP contracts will be the first to cry about government sabotage if the deals are renegotiated. We're fucked now, thanks to BN fucking things up for so many years with abandon. The people lose in every way.
Jan 17 2020, 12:13 PM

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