LCS fiasco: Sub-contracting results in costs ballooning almost 3 times - Malaysiakini

Gov't charged RM1.185b, but DCNS only billed sub-contractors RM397m.

The use of multi-layered subcontracting for two packages in the littoral combat ship (LCS) project ultimately resulted in the cost ballooning almost three times from RM397 million to RM1.185 billion,… [+373 chars]

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