EPF declared 5.8%
With its massive funds totaling something $280 billion
We should imagine the returns high
Yet it was a poor payout
It is sad really
When our fund never runs properly
It is used to help cronies
Running into troubles
RHB bought for over $1.5 billion
All pending cases against Rashid Hussein dropped
So what now about the lost money?
Write it off as bad debts………..
And about the losses in MBSB
Pumping hundred millions
Yet it didn’t show a quickly returns
I read somewhere it has recovered
Mildly in its assets employed
EPF pays rental a $1 million a month
For the last couple of years
It was reported in the Star
The building owned by the ruling elite members
Imagine this is how the money wasted
Helping the other party to grow rich
And the workers’ fund gets lowly returns
There are many faults in EPF
Yet the officials try to hide
Transparency can’t be found
How the officials use the fund’s money
At the calls of the ruling government
I can only say my displeasure
Maybe my own ignorance too
It is just a simple economic
The basket of many goods
The good returns on investments
Unless something isn’t right
Derailed the workers’ fund
So every year get peanut returns
While others double its glory
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