I have heard of similar 'rumours' within the Chinese corporate circle and they are not happy.
Similarly many within UMNO will not be happy too once it is exposed and proven that the Chinese guy Joe Low is given the carte blanche to operate such huge fund. It is the rakyat's money.
It doesn't augur well for UMNO/BN.
wasted the oppurtunity to make our country as great as
our neighbour down south, which inescapbly will always
be the yardstick by which the progress of the country
and the achievement of our leadership must be measured.
For 22 years under tdm we were pursuing 'development'
agenda which appeared grandiose and visible at the outset
but in my view wanting in substance. KLCC, putrajaya and
some mega projects are all that we have to show
for something like RM 400 billions of oil money?
The relevant social engineering questions that we need to
ask would include?
> have we met the objectives of RMP 4,5, and subsequent rmp 's.
I believe the gomen have skipped asking whether such objectives
were ever met? Now we are in 9th mp without realising the effectiveness
the 6th,7th, 9th malaysia plans. Can we say that we have less poor people
in this country compared to the 1980's?
Statistics indicate that out annual incomes improved tremendously.
But would this translate into a meaningful lives of ordinary people
who make up 80 per cent of the population? From the terrible
state of 'uncollected municipal rubbish ' in Terengganu I would
imagine people in oil -rich Terengganu are among the hard core poor of this
country
>Has the ministry of housing met the housing need of the population?
We do not know what the declared objectives? But comparing the
standards and quantity of housing with our neighbour's surely is like
comparing the pumpkin and the small wild berry found wild.
Not having funds cannot be an excuse because we could afford a new
airport, a F1 track and fancy putra jaya!
>So far we have build all the grand infrastructure projects with
foreign labour. Now can we build future buildings and infrastructures
with our local expertise from our youth? Our social engineering in the
youth sector is emphasized with lots of songs/videos on the rakan theme
with no visible success in any area. A few years ago menteri
Azalina reported that there were a million drug addicts , and probably
90 per cent of them were Malays. The story that a deceased top
police officer left a legacy of rm 47 million fuelled the
rumours that the assets could be ill gotten -the result of a
failure in drug enforcement!
Why in the world did the top leadership spend money for the monsoon
cup? An investment in goodwill as I cannot see any viable finacial
returns. Spending rm 800 million over 10 years to get a
couple of millions a year for the local economy?
Is the local politico thick in the head or plain unashamedly corrupt
like the deceased police chief who left a rm 47 million legacy?
Building silly stadiums [which collapsed embarassingly] and
fancy cristal mosque where there is no population to use the facilty
are the worst crime committed by tun dollah and his high
faluting level 4 morons .
The present pm najib is investing in a Formula 1 which I think is
extravagant considering the state of the economy today. It cost Sterling 40 million
to participate and another 40 million to run at the lowest level
in a year. This is big money for the whole country.
Is the investment going to bring in rm 10million in tourist
dollars in a year? Possible but a poor strategy for resource allocation. . There are
other pressing needs that need to be addressed. Employment ,crime
which are related to the lack of employment need urgent attention.
The free wheeling financial exuberance policies of tdm in the 90's
cost all malaysians dearly even today . A sialan that parents who
have childrens overseas have to lived with. No thanks to tdm
the exchange rate for the usd have risen from the wonderful rm 2.20
to the 3.60 that we are suffereing now. Why ? We want to sell
more protons? Is selling 30 000 protons or even less with falling
exports the reason why parents whose children are studying overseas
must suffer the extra cost of exchange rate?
notoktok