Mahathir dok kata Najib "curi". Yang dia kebas IPP saja dah sekurang-kurangnya RM5.6 billion. Belum lagi yang lain.
Najib terima derma RM2.6 billion, dia dah kecuh. Kes tidak ada, bukti langsung hilang, dia diam.
LSS baru-baru ini dedahkan
According to a Malaysia Reserve article today, a 3.32sen per kW/h difference in tariff for a IPP generating 2,242 MW over a 21 years concession is a difference in revenue of at least RM5.89 billion.
Calculating backwards, this also means that the extra revenue for a 1MW generating capacity with a 1sen per kW/h tariff difference over 21 years is equal to RM781,897.
When Mahathir signed the Power Purchase Agreements for YTL in the early 1990s for their 1,212 MW power plants - also for 21 years.
According to the late Tan Sri Ani Arope then, he said YTL's effective PPA tariff rate was 23 sen per kwh - much higher than the 12 sen per kwh that TNB can generate itself.
This is a 13 sen per kw/h difference which Ani Arope refused to sign and got sacked by Mahathir.
Thus, YTL's additional cost to the rakyat over its 21 years PPA given by Mahathir would be:
1,212 MW X RM781,897 X 13 sen = RM12.32 billion of unnecessary payments made to YTL due to the lop-sided agreements.
And this is only one company. Mahathir gave out many.
Fortunately, 1MDB working together with the govt has eliminated all these lop-sided IPPs after it had undergone a major revamp of IPPs via open competitive bidding which set a benchmark cost.
That is why no opposition leader had dared mention about lop-sided IPP deals since the last GE13.
IPP adalah rompakan terancang Mahathir yang tidak boleh dinafikan. Kedua adalah kerugian forex:
Privatised highway toll and energy were the underlying reasons that started the escalating cost of living.
IPP was seen as daylight robbery - land and PPA came from TNB, cheap subsidised gas from Petronas, financing given by (or forced upon on) Banks, power generator and equipments from ABB or other few suppliers (with Tun Dr Mahathir's proxy, Tan Sri Arumugam as agent cut) and management by ABB.
Crony and proxy IPP owner like Tan Sri Franscis Yeoh and Tan Sri Ananda Krishnan do nothing but just ka ching ... easy money!
When Mahathir instigated the public with the 1MDB using slanders, fabricated news, manipulated and wrong figures, and wrongful accusation, they forgot about IPP.
1MDB was meant to address that problem.
Mahathir menutup salahlaku ini hingga sedia jatuhkan Najib. Jawab dulu pasal IPP dan forex, baru nak komen pasal Melaka Gateway:
Lepas Forrest City, Mamu Keling dengki pada Melaka Gateway