Pua: Expect electricity bill hike to bail out 1MDB

Published: Apr 22, 2015 3:58 AM | Updated: Apr 22, 2015 5:28 AM

Malaysians will have no choice but to pay more for electricity in order to bail out debt-ridden company 1Malaysia Development Bhd (1MDB).

Petaling Jaya Utara MP Tony Pua said this is because 1MDB was awarded several "lucrative" independent power producer (IPP) concessions without any open tender.

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