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Guan Eng: We have documents proving SSER link to 1MDB

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In his exposé of the alleged “suspicious transactions” in two government projects valued at almost RM10 billion, Finance Minister Lim Guan Eng has also revealed that the company involved is linked to troubled state investment fund 1MDB.
The company in question is Suria Strategic Energy Resources (SSER), a fully-owned subsidiary of the Finance Ministry, which was set up in May 2016 to deliver two projects: the Multi-Product Pipeline (MPP) in Malacca and the Trans-Sabah Gas Pipeline (TSGP).
MPP is worth RM5.35 billion, and TSGP RM4.06 billion. Work for both began in April last year.
Lim questioned today why SSER had paid RM8.25 billion, or 87.7 percent of the total project value, when only 13 percent of construction work had been carried out.
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