Party secretary-general Lim Guan Eng said Najib Abdul Razak needed to explain the generous terms given to Europlus, that includes a 60-year concession and RM2.24 billion in soft loans.
The company will also receive subsidies for 22 years and RM980 million grant for land acquisition cost for constructing the 316 km highway.
According to Lim (right), Europlus had announced that it had received an approval letter from the public private partnership unit of the Prime Minister's Department.
"DAP is curious why the federal government had still not make any announcement on such an important highway concession which violates the basic principles of public accountability and transparency.
"Before the government signs this agreement with Europlus, the prime minister must ensure that ... questions why Europlus was given such a good deal are fully answered," said Lim in a statement today.
Scandal in the making?
Calling the project another potential "scandal in the making", Lim, who is also Penang chief minister, blasted the six decade concession for benefiting the company over the rakyat.
"For the Prime Minister's Department to grant a 60 year concession period means that generations of Malaysian will be compelled to pay toll, from me to my great grand-children.
"This is unacceptable and giving such a long concession only benefits the few, allowing the toll operators to earn mega prof! its of p haraonic proportions at the expense of 28 million ordinary Malaysians," said Lim.
He pointed out that in a similar "scandal", the 50 year concession period for the North-South Expressway (NSE) expiring in 2038 - and that had cost RM6 billion to build - had already allowed the toll operator to earn RM18.3 billion in profits as at the end of 2010.
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