"Mangkang Menua,Mangkang Dunya,Ngetan Ke Bansa!!"

December 14, 2010

Missing Malaysia

Filed under: Books — Pengayau @ 4:36 pm
Tags: ,

BN Blunders and Plunders

“The article also contains long,long catalogue of crimes and incompetencies,though just the tip of the iceberg according to its author,including

1.The Bank Bumiputra scandals of the early 1980s (RM3.2 Billion)

2.Maminco’s 1980s attempt to corner the global tin market (RM1.6 Billion)

3.Bank Negara losses on foreign exchange futures in the 1990s (RM30 Billion)

4.Perwaja Steel losses (RM2.56 Billion)

5.Bank Islam scandal (RM700 Million)

6.Wang Ehsan from Terengganu Oil Royalty (RM7.4 Billion)

7.Shoring up of Valuecap Sdn Bhd with public funds (RM10 Billion)

8.Commissions to Perimekar Sdn Bhd and IMT Defence Sdn Bhd on Jet fighter and Submarine deals
(RM910 Million)

9.Unitemised IT equipment purchased for Schools (RM2.21 Billion)

10.Soft loan to PKFZ (RM4.63 Billion)

11.Customs,Immigration and Quarantine complex for cancelled
crooked bridge to Singapore (RM1.3 Billion)

12.Compensation to Gerbang Perdana Sdn Bhd for cancellation of crooked bridge contract (RM300 Million)

13.Two bailouts of Malaysian Airlines (RM7.9 Billion)

14.Bailout of Putra transport system (RM4.5 Billion)

15.Bailout of STAR LRT transport system (RM3.256 Billion)

16.Bailout of Kajian Makanan dan Gunaan Orang Islam (RM8.3 Billion)

17.Compensation paid to highway companies,as announced in 2006 (RM38.5 Billion)

I make that about RM126 Billion so far,or,according to my possibly somewhat suspect arithmetic,arround $4,680 for every man,woman and child in Malaysia.But we barely started yet

The roll of dishonour compiled,goes on to the list dozens more example of blunder or plunder or both,including the RM100 Million renovation of the Parliament building,the estimated RM500 Million per year for National Service Program,the National Astronout Program,the Eye on Malaysia,Le Tour De Langkawi,massive quantities of unused electoral indelible ink and bailouts of the National Sewerage System,Port Dickson Highway and Kuching Prison Project

Also included,though impossible for us innocent bystanders to cost,are the notorious Approval Permits (AP) scandal,the wholesale distribution of tens of millions of shares in Bursa Saham Malaysia under the guise of NEP and alienation of tens of thousands of hectares of commercial lands and forestry commissions to relatives of BN leaders and ministers”

Page 62-64

~Dean John~


Similar to what Barry Wain said in his Malaysian Maverick book.So Vote for BN equals to vote for more and more plunderings and corruptions !!!

Ps:To those who were interested to get a copy of this book,it is available at MPH Bookstore nearby.This is the latest addition to my books collection

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