RM450 million loss in MMMSL project, Prasarana lodges MACC, SSM reports

Al Mashaaer Al Mugaddassah Makkah Metro Southern Line The Chairman of Prasarana, Datuk Sri Tajuddin Abdul Rahman. PIX: AFFAN FAUZI / MalaysiaGazette / 04 JANUARY 2021. MMMSL Saudi Arabia Loss
The Chairman of Prasarana, Datuk Sri Tajuddin Abdul Rahman.PIX: AFFAN FAUZI / MalaysiaGazette / 04 JANUARY 2021.

By Muhammad Azizul Osman

KUALA LUMPUR – Prasarana Malaysia Berhad (Prasarana) revealed that it has lost RM450 million in the Al Mashaaer Al Mugaddassah Makkah Metro Southern Line (MMMSL) project in Saudi Arabia from 2015 to 2018.

Therefore, Prasarana will lodge a report to the Malaysian Anti-Corruption Commission (MACC) and the Companies Commission of Malaysia (SSM) based on the internal audit and forensics report.

“Prasarana has lost 417 million Riyal in 2019 for operating and maintaining the project in Saudi Arabia.

“Early audit report of the project has been submitted to the Audit Risk Committee (ARC), which then discovered other serious problems and led to further investigation right after the contract ended in 2018,” its Chairman, Datuk Seri Tajuddin Abdul Rahman said during a virtual news conference on the MMMSL train operation project status.

According to Tajuddin, the loss is allegedly caused by the Board of Directors of Prasarana and its subsidiary, Prasarana Integrated Management and Engineering Services Sdn Bhd (PRIME).

The measure is taken after a meeting this morning, which decided for further action against the company.

In the media statement, Tajuddin said that many officers in the company were involved in the project.

However, according to Tajuddin, most of them have left Prasarana.

“Investigation requires cooperation from the subcontractors and consultants which are based overseas.

“Besides that, the investigators also need to screen a large amount of documents transferred from Saudi Arabia to Malaysia,” said Tajuddin.

The MMMSL project is a 18.1km line is operated PRIME to transport Haj pilgrims during at the pilgrimage season, spanning between the Arafat 1 Station and Jamarat Station in North Makkah.

The project was awarded to Prasarana on 16 April 2015 through PRIME for a period of three years to manage the route. It took over the contract from China Railway Construction Consortium. –MalaysiaGazette

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