MH370: Ocean Infinity expected to present proposal in May, says Loke

The Star

United States-based firm Ocean Infinity is expected to present its proposal to the Transport Ministry to resume their search for flight MH370 which disappeared 10 years ago, said its minister Anthony Loke in a press conference on Friday (March 22).  Read more at https://shorturl.at/oBJ09  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00 We haven't discussed Ocean Infinity yet, because Ocean Infinity will come to see me at the beginning of May.

00:08 We have already made an agreement.

00:10 They will come to discuss their proposal at the beginning of May.

00:15 After hearing their discussion, we need to make a ministerial paper to get the approval of the ministerial committee for the commitment.

00:25 We need to understand that the principle is "no cure, no pay".

00:30 If they can't meet the pilot, there will be no payment.

00:38 But there is a commitment.

00:40 Because if we have entered a contract, if they meet us, we have to pay.

00:44 So there is a commitment and financial implications, which requires the approval from the cabinet.

00:50 But for now, we will wait for the proposal from Ocean Infinity, where they want to look for us, etc.

00:58 After that, we will make a ministerial memorandum to get the approval from the cabinet.

01:03 [BLANK_AUDIO]

Category

Transcript

Recommended