Penang LRT guarantee won't cost Putrajaya a penny, Guan Eng tells Zafrul

Former finance minister Lim Guan Eng has asked his successor Tengku Zafrul Tengku Abdul Aziz to reconsider the government's decision to withdraw its RM2 billion loan guarantee for the Penang LRT project.

Lim, who is also the former Penang chief minister, said the state is capable of servicing its loan for the project and therefore it won't cost Putrajaya any money.

He added that the loan was to be provided by the Asian Development Bank, which is a...