Former MB Khalid Ibrahim was buying SPLASH for RM250mil until he got toppled.
New MB Azmin came in and wanted to buy SPLASH for RM2.8 billion instead. Due to much higher price-tag, the federal govt had with-held funding for Selangor Govt to purchase.
SPLASH is owned 40% by Gamuda, 30% by Tan Sri Wan Azmi Wan Hamzah and 30% by the Selangor Govt.
Tan Sri Wan Azmi Wan Hamzah was one of the founding directors of PKR's Institut Rakyat where Wan Azizah is the Chairperson.