9th Malaysia Plan & US$50 billion

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Another project from Malaysia Government. Raising of US$50 billion project loan for the 9th Malaysia Plan (9MP) (estimated to cost about RM200 billion). By the way, US$50 billion is roughly about RM180 billion at an exchange rate of RM3.60 to the dollar. Now the issue is about the two dubious companies - one “winding-up” local firm Asasatu Technology Sdn Bhd and an Australian company Project Equity Services Group (PESG). Why the government has adopted the unusual and even extraordinary arrangement to raise US$50 billion funding for the Ninth Malaysia Plan infrastructure development projects from 25 world top prime bank or local prime bank through dubious private companies?