December 7, 2006
US$100M as Commission for Sale of 3 Submarines?
from Malaysiakini:
The Defence Ministry has denied having paid a Malaysian-owned company US$100 million (RM370 million) as a commission for a multi-billion ringgit deal involving submarines.
Lim alleged that a company run by political analyst Abdul Razak Baginda had received athe lucrative commission. The latter also heads a think-tank specialising in defence and strategic issues.
According to Lim, Abdul Razak was roped in to strike the RM4.1 billion deal between the government and a French-Spanish joint venture, Armaris.
Under the deal, the government would, among others, purchase two Scorpene submarines (left) and a Agosta submarine from Armaris.
woah…does this sound like a major conspiracy or what? First, the Altantuya Murder, now the US$100 million commission?
btw, anyone knows how to become a submarine salesman? I want to be one =P
More from other blogs:
- Lim Kit Siang: USD$100 milion commission for RM4.1 billion submarines contract –the real beneficiaries?
- Outside the Box: Razak Baginda’s Wife Hinting Something?
- PPE: US$100 Million Leakage?




