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Malaysia's former finance minister pleads not guilty to $1.5b undersea tunnel corruption

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Malaysia's former finance minister Lim Guan Eng says he will prove he is innocent of corruption allegations over a $1.5b undersea tunnel project.

Malaysia's former finance minister has pleaded not guilty to a second corruption charge related to a $1.5 billion undersea tunnel project, slamming the case as a trumped-up charge by the new Government.He may face a third charge on TuesdayLim Guan Eng, 59, was first charged on Friday with soliciting 10 per cent of potential profits in 2011 as a bribe for the project planned in northern Penang state.

The project was approved during Mr Lim's tenure as Penang chief minister from 2008-2018, before he became Malaysia's finance minister. The 7.2 kilometre tunnel project from Penang island to peninsular Malaysia includes several highways and is to be funded through a land swap of reclaimed prime land.The anti-graft agency has said Mr Lim will face a third charge on Tuesday over a different case.

Prime Minister Muhyiddin Yassin took power in March, after he pulled his party out of the ruling coalition and then-premier Mahathir Mohamad resigned in protest.

 

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