PUTRAJAYA: Malaysia’s coffers swelled by more than RM4bil following renegotiations between the Finance Ministry (MoF) and private developers over the terms of contract involving the Bandar Malaysia project.
Finance Minister Lim Guan Eng said the government decided to proceed with the RM140bil project after renegotiating for “the best terms for the people and country” and cleansing it of elements of the 1Malaysia Development Bhd (1MDB) scandal.
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