Good luck to you if you continue to vote for UMNO....

At last the toll agreements were declassified ......................

How shock I am when I read the findings below...................

This is what we call a caring Malaysian government......Pengsanlah....

Read below.....

DAP: PLUS stands to make RM25 billion

By Neville Spykerman

KUALA LUMPUR, Jan 6- Petaling Jaya Utara Member of Parliament Tony Pua said today that PLUS, the concession holder for the North-South Expressway stands to make a staggering RM25 billion in profits, in the next 20-years.

Pua, who spoke to reporters after scrutinising declassified toll concession agreements at the Works Ministry here, said PLUS made a profit of RM1.2 billion last year and the amount will increase annually till the concession ends, in 2038.

"Under the agreement the concessionaire has all to gain and nearly nothing to lose."

Pua, who was at the Works Ministry, with Serdang MP Teo Nie Ching and Kampung Tungku Assemblyman Lau Weng San, said PLUS is also exempted from paying taxes on its profits.

As such, he said DAP was justified in objecting to the privatisation of PLUS to United Engineers Malaysia (UEM) in 1988.

"It was a hot issue, which was used as one of the justifications by the Government to detained 16 DAP national leaders, including Lim Kit Siang and Karpal Singh, under the ISA, during Operation Lalang."

Teo, who got a first look at the concession agreement this morning describe it as a 'profit guaranteed' contract, which favours the concessionaire.

Under the agreement, the company can impose higher toll charges if traffic volume is less than what is projected, while the government will have to provide compensation if it objects.

She said the original 30-year-concession, signed in 1988, had already been extended further by 20-years, as a form of compensation.

Teo said terms in a supplementary agreement, signed in 1999, made it virtually impossible for the government take over the concession.

"Besides having to pay the cost of construction, which was just RM5.94 billion, and any outstanding loans owed by the company, the Government would be forced to pay an amount equal to future profits."

Teo questioned the Government's rationale in entering into the agreement in the first place.

"Why privatize the highway, when they could have built it and run it themselves."

Meanwhile Pua also dismissed assertions by Works Minister Datuk Mohd Zin Mohamed yesterday that buying back some of the concessions, such as Lebuhraya Damansara-Puchong (LDP), would be too expensive.

He said the LDP was constructed at a cost of only RM1.327 billion but to date the company had received RM630 million in compensation for not raising toll charges and would continue to receive RM10 million annually.

"The numbers are stark and it is obvious that it would be better for the Government to buy back the concession rather than continuing to pay compensation."

文件解密．穩賺不賠
大道公司吃定政府

（吉隆坡5日訊）各收費大道的合約今日全面解密，對外公佈，在諸多限制與不便下，朝野政黨議員代表和媒體記者，發現多條大道合約，確實存有多項“不平等”之處。

最令人爭議的，莫過于白蒲大道“穩賺不賠”的隱性保證，即每日車流量若不超過64萬8363車次，大道公司即不必與政府平分盈利。

再者，政府若收回白蒲大道經營權，則須作出“重本賠償”，諸如賠償承建費用，以及繳付大道股東貸款后，每年再加12%利息。

20條大道、46份合約中，部分“不平等”之處
★南北大道 --合約闡明，大道今年至2038年盈利，必須超過27億4330萬令吉至91億5992萬令吉的最低門檻，政府才可享有20%至30%的順差盈利。 合約也闡明，政府延長大道合約8年7個月至2038年12月31日，以取代不繳付3億6189萬令吉的替代方案。 合約始于1988年7月20日，意味著它的合約已延長至50年又5個月。
★吉隆坡加叻大道 --合約于1994年7月28日簽署，收費期限27年至2021年，后經兩次修改合約（簽署附加合約），延長收費期11年至2032年，政府總共賠償11億9660萬令吉給MTD PRIME私人有限公司。
★雪州白蒲大道 --穩賺不賠，每年車流量必須超過2億3341萬車次，或每天逾64萬8363萬車次后，才可與政府平分盈利。 --政府收回大道的條件，包括賠償承建費用及繳付大道股東貸款后，再加每年12%利息。
★雪州加影外環公路 --政府提供的3億令吉貸款中，其中8000萬令吉是免息，條件是興建廉價屋，並以2萬5000令吉售出，后附加條件中增至4萬2000令吉。 --政府若收回大道，必須償還它一切的債務。
★檳城大橋 --合約闡明單向的賠償責任，大道公司不管以何理由中止合約，政府都不能追究，而且政府必須賠償。
★雪州莎阿南大道 --大道過路費每2年增長逾10%，2007年至2021年時過路費漲130%。 --附加合約裡，政府賠償1億5000萬令吉，及延長特許經營權1年，作為不調升過路費的條件。
★雪州蕉賴加影高速公路 --合約闡明，政府須在大道公司違約時作出賠償。 --政府在2002年延長以不調高過路費，而延長特許經營合約至32年，並賠償總計1億400萬令。
★吉隆坡西部疏散大道 --估計可在33年的特許經營中，獲168億9810萬令吉盈利。 合約闡明可分3個經營期限收費，本查拉、班底收費站第1級交通工具從2令吉、增至3令吉及5令吉。至于白沙羅路收費站，則從1令吉20仙增至1令吉70仙及2令吉50仙。不過，合約圖表未闡明收費率落實期限。