Blogger Raja Petra Kamarudin has claimed that the parent company of Selangor water concessionaire Syabas is bankrupt, citing it as a reason behind Putrajaya’s effort to stall Selangor’s effort to consolidate its water industry.
The Malaysia Today webmaster said the government’s persistence to stop the Pakatan Rakyat administration from terminating its contract with Syabas from Puncak Niaga Sdn Bhd’s (PNSB) was to save its chairman and alleged crony Rozali Ismail.
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