Sarawak Cable Bhd (SCB) has bagged two new contracts totalling RM618.6 million from Sarawak Energy Bhd (SEB) to develop transmission lines in Sarawak.
In a filing with Bursa Malaysia yesterday, SCB said the group, via its unit Trenergy Infrastructure Sdn Bhd, yesterday received a letter of award from SEB for the Sinohydro-Trenergy Joint Venture the Mapai to Lachau 500kV transmission line project (Package B) for RM352.8 million. It also received a letter of award dated Oct 23, 2013 for the Lachau to Tondong 500kV transmission line project (Package C) for RM265.8 million.
Read more here: http://www.thesundaily.my/news/868887
Mahmud Abu Bekir Taib, the son of long-serving Sarawak state chief minister Abdul Taib Mahmud, owns 20.69% of Sarawak Cable. State-owned Sarawak Energy, meanwhile, owns 18.75% of the firm.
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Sarawak Cable is chaired by Mahmud Abu Bekir, the elder son of Sarawak Chief Minister Taib Mahmud. According to company documents, the Sarawak strongman’s son is both chairman of Sarawak Cable and its second-largest shareholder with a 33% stake in the company (21% held directly and 12% indirectly).
The Bruno Manser Fund is dismayed that Sarawak Energy under its Norwegian CEO, Torstein Sjøtveit, continues with the corrupt practice of favouring the Chief Minister’s family. Already between 2010 and early 2013, Sjøtveit had granted over 220 million USD in contracts to Taib family-linked enterprises.
“By granting contracts worth a grand total of over 400 million USD to the Chief Minister’s son, Mr. Sjøtveit’s conduct has passed all levels of decency”, Bruno Manser Fund director Lukas Straumann said on Thursday. “We ask Mr. Sjøtveit to resign immediately as he has lost all credibility when claiming that he contributes to the development of Sarawak. Instead, he has made himself a tool of the Taib family’s unrestrained greed and corruption. Mr. Sjøtveit should feel ashamed for what he is doing to the people of Sarawak and to the reputation of Norway in Malaysia.”
The explosive news comes amidst a situation of growing tensions over the planned Baram dam construction. Earlier this week, native communities scored a victory when their blockades forced Sarawak Energy workers to halt survey works for the planned Baram dam.
The Bruno Manser Fund is dismayed that Sarawak Energy under its Norwegian CEO, Torstein Sjøtveit, continues with the corrupt practice of favouring the Chief Minister’s family. Already between 2010 and early 2013, Sjøtveit had granted over 220 million USD in contracts to Taib family-linked enterprises.
“By granting contracts worth a grand total of over 400 million USD to the Chief Minister’s son, Mr. Sjøtveit’s conduct has passed all levels of decency”, Bruno Manser Fund director Lukas Straumann said on Thursday. “We ask Mr. Sjøtveit to resign immediately as he has lost all credibility when claiming that he contributes to the development of Sarawak. Instead, he has made himself a tool of the Taib family’s unrestrained greed and corruption. Mr. Sjøtveit should feel ashamed for what he is doing to the people of Sarawak and to the reputation of Norway in Malaysia.”
The explosive news comes amidst a situation of growing tensions over the planned Baram dam construction. Earlier this week, native communities scored a victory when their blockades forced Sarawak Energy workers to halt survey works for the planned Baram dam.
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The dam, one of 11 new dams being planned by the state government throughout Sarawak, will see the evacuation of 20,000 natives from the Kenyahs, Kayans and Penans ethnic groups...
Meanwhile, The Star quoted Telang Usan's Barisan Nasional state assemblyman, Dennis Ngau, as saying that the situation on the ground was "very hot" following no sign of the natives backing down. The politician claimed he was worried the matter would "boil over into a physical confrontation", urging restraint through a "cooling off period".
"Stop all ground works for the time being until further notice. Don't confront the protesters. Leave it to us politicians to find a solution," Ngau advised, referring to rock drilling works between Long Naah and Long Kesseh, some 200kms inland from Miri City. Ngau said he had also cautioned Sarawak Energy and officials from the state Land and Survey Department to stay away from the site for now.
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