... Lynas is being stubbornly hailed as a necessity in terms of job opportunities etc, in spite of the danger it poses.
Because Old Nyanyuk's son Mokhzani holds a significant share in Lynas!
PETALING JAYA: Former Prime Minister Dr Mahathir Mohamad has an ulterior motive for supporting the Lynas rare earth project, claimed an NGO.
“Mahathir’s eldest son Mokhzani Mahathir, the CEO of Kencana Petroleum has a large stake in the Lynas rare earth refinery project, said the Save Malaysia Stop Lynas (SMSL).
Its spokesperson, Steven Hang, said: “Kencana Torsco Sdn Bhd is a subsidiary of Kencana Petroleum that won lucrative contracts from Lynas Malaysia Sdn Bhd.
“Kencana Torsco is involved the design, fabrication, lining, supply, installation, and commissioning of carbon steel and stainless steel tanks worth RM9.1 million for the project.”
Hang made this claims based on facts obtained from Bloomberg Businessweek, a US-based business website portal.
Read the rest here: ‘Dr M has vested interest in Lynas’