Land swapping is a method of developing the Defence Ministry’s facilities by financing through the exchange of federal land with the private sector.
It is intended to meet the development allocation requirements found to be insufficient for upgrading plans and building new military facilities.
The Public Accounts Committee (PAC) was informed that the issues in implementing the method were related to the government’s losses due to the inconsistent method of determining the value of reciprocal land and political considerations that exceeded the ministry’s interest.
It also noted that 97 parcels of land owned by Kuala Lumpur City Hall (DBKL) were sold since 2011...