Malaysia’s Big Money Railroad Hustle

Prime Minister Abdullah Ahmad Badawi, who came to office vowing to stop a wide range of money-swallowing projects put in place by former Prime Minister Mahathir Mohamad, has caved in to political pressure and reinstates several of them. Now, it appears he is restarting what may be the biggest of them all, a massively expensive rail project tied to a well-connected construction firm that seems to have little hope of recouping its investment.

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