In Malaysia, one of the easiest way to become a millionaire is to be a politician. The wealth will be distributed to the family, the son of former PM is among the richest in Malaysia.
I can help to notice the news in thestar on 25 Dec 2012 Page 26, Nation, quoting that Mahmud, the son of Sarawak Chief Minister had millions in cash. The revelation was made at the Syariah Court in the trial of the CM and his former's wife.
It was mentioned in the court that Datuk Seri Mahmud had...
- more than 300,000 units in trust funds.
- Mahmud had withdrawn RM158,112 fron EPF in 1998 ans about RM1.5million in 2011.
- His EPF balance was around rm1.36mil
The wife had made claim against 50% of the asset owned by Mahmud, including several lixury cars, houses and lands in Sarawak.
A few witnesses were called to confirm that Mahmud do has a large fortune thus making the claim by the former wife justifiable. The fortune include the deposits in ASN accounts, CIMB and EPF.
Wednesday, December 26, 2012
Friday, December 21, 2012
Bribery Becomes a Way of Life
The situation is critical, however most people either they do not see it or don't bother about it. It is a small percentage that support it, not so such in their words but more in the action.But the effect is very obvious, example...
1. The right person or group will be deprived of the works or contract. That mean the 'less capable' will get it, and the results can be mammoth...abundant projects, project not completed on time, high cost and operational problem.
We actually do not know, but we can review and check if we has cases such as airport shutdown, roof collapse or school lab collapse, not all are caused by graft, but it is worth checking.
2. Additional Cost incurred - for example if a building supposed to cost RM100mil, it may be awarded at RM200mil or a simple songkok may cost rm50, may be purchased at RM200 each. Someone has to sponsor the bribe, and the unfortunate person is the taxpayers.
So it worth checking, if we buy s ship, a boat, submarine or helicopter, come with other.It may be accurate comparison as many of the equipment are buyer furnished, but the avionics and equipment are normally less than 50% of the total cost.
1. The right person or group will be deprived of the works or contract. That mean the 'less capable' will get it, and the results can be mammoth...abundant projects, project not completed on time, high cost and operational problem.
We actually do not know, but we can review and check if we has cases such as airport shutdown, roof collapse or school lab collapse, not all are caused by graft, but it is worth checking.
2. Additional Cost incurred - for example if a building supposed to cost RM100mil, it may be awarded at RM200mil or a simple songkok may cost rm50, may be purchased at RM200 each. Someone has to sponsor the bribe, and the unfortunate person is the taxpayers.
Wednesday, December 5, 2012
Political Interference Said Musa
The previous Malaysian Police IGP broke the tradition and when said that as the top police, he had to deal with the meddling of politician in his job of investigation. The receive call from home minister and even from other minister.
The home minister refused to comment and gave a odd excuse.
Come to think of this, the people still remember that the previous DPM was imprisoned due the case of political interference. It does seem odd, a similar situation can attract different dealings. If this is to happen in a developed nation like Japan, likely, the minister involved will not be able to avoid the feeling of shame and probably will resign.
The home minister refused to comment and gave a odd excuse.
Come to think of this, the people still remember that the previous DPM was imprisoned due the case of political interference. It does seem odd, a similar situation can attract different dealings. If this is to happen in a developed nation like Japan, likely, the minister involved will not be able to avoid the feeling of shame and probably will resign.
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| thestar friday 30nov 2012 |
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