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Showing 19 results for "Contraves Electrodynamics"
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Nation 2 Oct 2022 | 11:00 PM

Local vendors pledge to work together on LCS project

KUALA LUMPUR: Efforts are currently being pursued to end the involvement of middlemen – Contraves Advanced Devices (CAD) and Contraves Electrodynamics Sdn Bhd (CED) – in the controversial Littoral Combat Ship (LCS) project.

Nation 23 Aug 2022 | 11:00 PM

Suspicious acts to suppress evidence uncovered by LCS audit report

PETALING JAYA: Standard operating procedures were not followed, a laptop was suspiciously taken away, and numerous digital and ordinary documents were destroyed to suppress evidence in the littoral combat ship (LCS) project.

Nation 8 Sept 2022 | 06:26 AM

French govt has given commitment to prioritise LCS project, says LTAT CEO

PETALING JAYA: The French government has given its commitment to ensure that the littoral combat ship (LCS) project becomes a priority for all stakeholders, says Datuk Ahmad Nazim Abdul Rahman.

Nation 2 Oct 2022 | 08:38 AM

Hishammuddin: LCS mobilisation phase going as planned

KUALA LUMPUR: The mobilisation phase for the littoral combat ship (LCS) project is running smoothly, says Datuk Seri Hishammuddin Hussein.

Corporate News 4 Oct 2022 | 07:49 AM

BHIC denies allegations in legal suit

KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) says it denies the claims made in a legal suit by the main contractors of the Littoral Combat Ships (LCS) project, which includes among other things, a claim that the 12 letters of award pertaining to the project remain valid.

Corporate News 4 Oct 2022 | 11:00 PM

BHIC denies allegations in legal suit

PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) has denied the claims made in a legal suit by the main contractors of the littoral combat ship project, which includes among other things, a claim that the 12 letters of award pertaining to the project remain valid.

Nation 14 Aug 2022 | 11:00 PM

Rheinmetall Group had more say than majority shareholder BHIC

PETALING JAYA: A foreign partner, Rheinmetall Group, which held a 49% share in the two main contractors involved in the littoral combat ship (LCS) building project, ended up having more power and authority than the majority shareholder – Boustead Heavy Industries Corporation (BHIC).

Nation 14 Aug 2022 | 11:00 PM

RM13.4mil loss traced to unilateral forex decision by ex-MD

PETALING JAYA: A decision by Tan Sri Ahmad Ramli Mohd Nor to pay for the purchase of parts of the littoral combat ships (LCS) in euros instead of the ringgit cost Boustead Naval Shipyard Sdn Bhd (BNS) a net loss of RM13.4mil.

Nation 15 Aug 2022 | 11:00 PM

Double claims, marked-up prices and no supporting documents

PETALING JAYA: Overlapping letters of award (LOAs), double claims for the same services, marked-up prices and the absence of supporting documents involving the two contractors in the setting up of a Built-in Test (BIT) centre for the littoral combat ships have cost taxpayers over RM898mil.

Nation 22 Aug 2022 | 03:21 PM

12 LOAs worth RM3.3bil issued to CED, CAD in RM9bil LCS project

PETALING JAYA: Twelve letter of awards (LOA) worth RM3.3bil was issued to Contraves Advanced Devices Sdn Bhd (CAD) and its wholly owned subsidiary Contraves Electrodynamics Sdn Bhd (CED), according to the latest declassified Forensic Audit report on the littoral combat ships (LCS).

Nation 22 Aug 2022 | 11:00 PM

Red flags aplenty uncovered in forensic audit

PETALING JAYA: An audit report red-flagged 12 letters of award (LOAs) worth RM3.3bil given to two companies, which got the lion’s share of 37% of the total contract value of the littoral combat ship (LCS) project that was worth RM9bil.

Nation 22 Aug 2022 | 11:00 PM

The two men who called the shots

PETALING JAYA: Tan Sri Ahmad Ramli Mohd Nor and Anuar Murad were two key figures named extensively in the declassified forensic audit report by the Boustead Heavy Industries Corporation Berhad (BHIC) on the littoral combat ship (LCS) project.

Nation 23 Aug 2022 | 04:33 AM

LCS scandal: Up to RM890mil lost due to mishandling, says audit report

PETALING JAYA: Mismanagement and irregularities in the littoral combat ship (LCS) project could cause potential losses of RM890mil, the declassified forensic audit report indicates.

Nation 23 Aug 2022 | 11:00 PM

Report lists reasons behind losses of RM890mil

PETALING JAYA: Mismanagement and irregularities in the littoral combat ship (LCS) project cost potential losses of RM890mil.

Nation 23 Aug 2022 | 06:19 AM

LCS scandal: Cover-up attempts were made, says audit report

PETALING JAYA: There were several attempts to conceal irregularities in the littoral combat ships (LCS) controversy, according to the declassified forensic audit report.

Nation 8 Sept 2022 | 11:00 PM

‘No decision yet on calling Latiff’

PUTRAJAYA: Graft investigators have yet to decide whether to call Minister in the Prime Minister’s Department Datuk Dr Abdul Latiff Ahmad over his alleged links with the littoral combat ship (LCS) controversy.

Nation 21 Oct 2022 | 09:13 AM

Defence Ministry: France's Naval Group committed in meeting LCS project deadline

KUALA LUMPUR: France's Naval Group has given its assurance in supporting the government's efforts in resuming the Littoral Combat Ship (LCS) project.

Nation 21 Oct 2022 | 11:00 PM

Naval Group to back LCS

KUALA LUMPUR: France’s Naval Group has given its assurance to support the government’s efforts in resuming the Littoral Combat Ship (LCS) project.

Nation 14 Aug 2022 | 11:00 PM

‘Navy fought a losing battle’

Abdul Aziz: My concerns about LCS project were ignored

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