Abolishing tolls will not cost the government RM400 billion, says Tony Pua

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DAP lawmaker Tony Pua, who is also the special officer to Finance Minister Lim Guan Eng, clarified that it will not cost more than RM400 billion in compensation to abolish tolls.
Pua said the RM400 billion price tag included projected profits on top of concession contract values however if the tolls are abolished, the government would only compensate the value of concession contracts.
Earlier this week, Works Minister Baru Bian said the government faced significant challenges regarding this as it would cost more than RM400 billion in compensation.
When met yesterday, Baru said he agreed with Pua’s explanation and denied inflating the RM400 billion figure as the figure was based on a report made by Pemandu (Associates) in the past.
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