National Feedlot Failed

One of the national project to reduce the dependence on imported meat was the NFC or National Feedlot Center. We were not privy to the process of awarding the contract, however to cut the story short, the project was awarded to a company own by a family of Shahrizat, a minister who lost in the last general election.

The company was receiving the soft loan for RM250mil, according to Saifuddin. Despite the loan, the company was not able to perform, and last year was only provided 3489 heads of cattle or 415 of the target.

Under the mass cattle breeding plan, NFC was to develop satellite farms. So far, there were only 53 farms compared to teh target of 300. What make it worst, the company put 10mil to buy luxury condo in Bangsar.

People will continue to guess the role of MACC, I remember the the case when MACC was involve to raid the company related to the issues in Bukit Botak, we are still waiting for the report. The fact that the documents were taken away by MACC, devoid the ability of other parties to investigate. 23 Dec 2011.

TheStar Friday 12 Jul 2013

The Star on 12 Jul 2013, carried the news that the government had recovered RM79.9mil from the loan value of 250mil given to National Feedlot Corporation. That mean RM170.1mil  has yet to be recovered.

Lands had been seized including 2 plots in Putra Jaya, 3 lots in Gemas and 2 properties at Menerong. 

Debted Malaysia

In the star newspaper, AG commented that Malaysia debt had risen to 407billion and increase of 22% compared to 2010.

The trends are:

2006 national 217.22 Foreign 25.1
2007 247.12 19.6
2008 286.12 20.32
2009 348.6 13.79
2010 390.36 16.75

So the Malaysian public debts rose 12.3 to 407.11b. The figure are as follows:

Total debts growth 12. 3%%
National Debts grow 12%
Foreign Debts grow 21.5%

The national debts formed about 95.9% of total national debts

The ratio of debts to GDP is 53.1% and last year was 50%.

Malaysian Election Commission inconsistent acts

The Malaysian Election Commission is acting in inconsistent manner when he allow separate elections for Sabah and Sarawak but was against Selangor and Penang.

The gave all sort of excuses, where the workers have to be trained and engaged twice, rather 3 times when you include the Sabah and Sarawak elections. Schools for pooling had to be acquired twice.

The 2008 general election cost around rm200mil. and the Sabah and Sarawak was rm40mil.

Rightly EC is an implementer. Each have their own roles. The role of election commission is to conduct a fair and credible election the the houses has been dissolved. I dont think he is in position to provide a fair and impartial advice.

Mirzan Mahathir in The Case of Kakinada Port Case

Mirzan Mahathir was name in an Indian court affidavit in Andhra Pradesh high court.

Mirzan is the son of the former prime minister of Malaysia Tun Mahathir. He was quoted in the 2000 page document in the case where his company had obtained the project to expand the deep water port in 1999. Incidently Matahir was still the PM of Malaysia at that time.

The project awarded was on Develop- Operate and Transfer basis, where the company was given 18 months to build two more berths at Kakinada port, the second largest port at Andhra Pradesh.

The consortium did not fulfill his commitment and the berth construction started only in 2004. Due to the delay the state was quote to have loss considerable amount.

Pahang Budget 2012

Pahang is tabling the deficit budget for 2012. It was a deficit budget for last year when the state budget for 2011 was rm 68 million deficit.

The Pahang MB (chief minister) was quoted as saying, the budget for 2012 is expected to be between 600 to 700 million. He intended to table a deficit budget, meaning that the expenses will be more than income. He was comfortable with deficit as long as things are in control.

2011 corruption index malaysia ranked 60

Malaysia had dropped further in the international corruption index. In 2011, malaysia ranked 60th compared to 56 last year.

Among Asean nation, it ranks 3rd with Singapore 9.3 and Brunei 6.3. Malaysia scored 4.3. New Zealand scored the highest ranking scoring 9.5 followed by Denmark and Finland at 9.4.

The lowest are Somilia and North Korea at 1.0. The next worst are Afghanistan and Myanmar at 1.5

perak budget 2012

Perak is tabling the annual budget for 2012.

The expenses will be RM915 millions and the revenue is $865 million making it rm50 million deficit. About 30% or rm321 millions for development and 70% or rm594 millions of the expenses is for management.

In line with the 1malaysia, the main thrust of the state will be:

1. creating economic spinoff

2. human capital development

3. championing the poor and needies

4. completing the infrastructure.

The management expenses will be:

1. salaries 321 millions

2. supplies and services 211

3. fix charges rm109 million

Mahathir Attacked UNMO

It was reported in the star that the former Malaysia PM Dr Mahathir is back to his favorite pastime hobby which is to attack UMNO in his interview with a local Malay weekly. It was quoted as..." UNMO currently lacked good credible leaders and was a pale shadow to its former self"

It was not clear whether it former self meant to his time or the time before him under the former Razak or Tunku. A simple research will come out to the issues under his time when he was challenged by another member Tengku Razali. Umno was made illegal and need to be registered under new name. The chief justice was removed under his time and more than four deputies PM for his long premiership.

His biggest controversy was the sacking of Annuar where he was sacked before the case was proven in court. Of course his case was thrown out.

Poor Muhyiddin had to defense UMNO, it is not known who Mahathir intend to promote as credible leader. Can it be his own son, the person who was made a deputy minister eventhough he lost the election.

Kuching Prison smaller but Costlier

The Federal Government under the ruling Barisan National had paid RM56million more for a smaller prison complex in Kuching Malaysia.

The original plan was for the complex to house 2665 inmates and staff. The completed project can only accommodate 1366, about half of the tender document. The excuse given was, the prison department does not have the qualified personnel to review the claims. The excuse sound odd and a bit childish because:

a. It does not an expert to tell if the complex is half of the planned size.

b. No personnel cannot be a reason as the prison department would have hired consultant to take care of the interest of the government. Moreover the PWD public work department can always be called to assist.

The Developer WMM Holdings was reported to have made the claim of 83% completed.