Malaysia Paid Out $133 Million for Dam Delays

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KUALA LUMPUR

Malaysia's government agreed to pay $133 million USD in compensation to two foreign contractors for losses incurred in the problem-plagued Bakun Dam, an audit has revealed. The compensation, revealed in the Auditor-General's annual report, is a rare official acknowledgement of problems in a highly controversial project that Transparency International once labeled a “Monument to Corruption.” The