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Malaysia's ex-finance minister charged over tunnel project

Added 08-07-20 12:22:02am EST - “Malaysia's former finance minister Lim Guan Eng was charged Friday with corruption over a $1.5 billion undersea tunnel project, with his party slamming the move as political persecution by the new government.” - Washingtontimes.com

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Posted By TheNewsCommenter: From Washingtontimes.com: “Malaysia’s ex-finance minister charged over tunnel project”. Below is an excerpt from the article.

KUALA LUMPUR, Malaysia (AP) - Malaysia’s former finance minister Lim Guan Eng was charged Friday with corruption over a $1.5 billion undersea tunnel project, with his party slamming the move as political persecution by the new government.

Lim, who was part of a reformist government ousted in a political coup in March, pleaded not guilty to a charge of soliciting 10% of potential profits in 2011 as a bribe for the contract. He was detained late Thursday by the anti-corruption agency after they summoned him for questioning over the project in northern Penang state.

The project was approved during Lim’s tenure as Penang chief minister from 2008-2018, before he became Malaysia’s finance minister. The 7.2 kilometre (4.5 miles) tunnel project from Penang island to peninsular Malaysia includes several highways and is to be funded through a land swap of reclaimed prime land.

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Lim, 59, faces up to 20 years in jail and a fine if convicted. The anti-corruption agency also said that Lim will face two other charges in a Penang court next week, one related to the tunnel project and another one on a different case. It didn’t give details.

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