Tender process of Malaysia’s $258m palace questioned

By Andy Rice 19 October 2010

Malaysia is due to unveil a massive new palace for the king in June. According to the works minister Shaziman Abu Mansor, the palace will cost $258 million, which is a significant $48 million more than initial cost assessments. Mansor said that the extra costs went into security measures, utility payments and interior decorations. The costs of the palace came to light after the opposition parties raised objections in Parliament, chief among them being that the building project was awarded to without tender to a senior government official. Sound familiar? Read more: AFP