PM Abdullah Badawi was named as a director of Yayasan Bumiputra Pulau Pinang, who owns 34% of the PMW share via two wholly-owned companies, Kumpulan Pinang and Kumpulan Perhubungan. Prime Minister Abdullah Badawi is linked to the Penang Outer Ring Road (PORR) project’s concessionaire company, Peninsular Metroworks Sdn. Bhd. (PMW)
According to corporate information obtained from the Companies Commission of Malaysia, Abdullah (I.C. No.391126-07-5077) was first appointed director of the Yayasan Bumiputra Pulau Pinang Sdn. Bhd. His name is still listed as a director.Yayasan Bumiputra now controls 34.78 percent of PMW through its two subsidiary companies; Kumpulan Pinang Holding Sdn. Bhd. and Kumpulan Perhubungan Sdn. Bhd.
It appears that Ahmad Ismail is a big time Umno warlord in Penang. Ahmad Ismail was cleared of bankruptcy by the Insolvency Department in 2006. Ahmad Ismail is the figure linked to the controversial PORR project in Penang. He is the director of Peninsular Metroworks Sdn. Bhd., the concessionaire for the project. Ahmad is an influential Umno divisional leader and former Penang Chief Minister Koh Tsu Koon was beholden to him for support. That was why Koh was powerless when Ahmad Ismail a mere Umno division leader could wield so much influence over him and accused him of not paying attention to the Malays in Penang.The CM’s former constituency of Tanjong Bungah happens to be in the Bukit Bendera division.
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