PM: ECRL Will Impoverish And Destroy Nation, So We’re Still Thinking About It

PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad said the BN-negotiated RM81billion East Coast Railway Link project is absolutely certain to impoverish, debt-enslave and ultimately destroy Malaysia, which is why after 9 months, Cabinet is still seriously considering if it should go ahead.

“This ECRL contract with its opaque offshore financing, dubious costing and impossible payback calculations will definitely, absolutely, burden taxpayers for decades, make us beholden to China, and even bankrupt the nation, which is why the government isn’t in a rush to announce its cancellation,” a source explained.

Finance Minister Lim Guan Eng is now holding off from making official statements about the ECRL. This could be due to ongoing negotiations, but also, just to really annoy Najib.

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