i am out 29

AP scandal only part of the web SPUTJAMAug 9, 05 12:58pm



The current AP controversy is one of many which has its roots during the tenure of Dr Mahathir Mohamad. For him to raise this issue so adamantly remains a mystery. There are many more issues which I hope would be raised. They include the below.
Why were profitable public bus firms in Kuala Lumpur forced to merge into two mega unprofitable ones offering dismal service at a higher cost?
Why was is that when Tenaga Nasional Berhad objected to power purchase agreements with certain Independent Power Producers (IPPs), the government moved in and signed the contracts on behalf of Tenaga?
Despite Mahathir’s objection to ethnic discrimination in Bosnia, why he did not bother to stop similar happenings in Malaysian government departments and government-owned institutions?
Why did the government of the day force the country’s banks to merge, a move totally against the spirit of free enterprise? (Hint: Either the government was wrongly advised or somebody made a huge amount of money from this).
Why did Proton pay a few hundred million ringgit to buy a minority stake in a failed Italian motorcycle company (Augusta)? Shouldn’t Tengku Mahaleel Ariff be questioned on this?
Why is higher education, which should be the right of every qualified Malaysian, still being denied many students?
Why is it that many privatised projects have a compensation clause that guarantee immense profit even if the project fails? (RM4 billion if the government were to terminate the contract for the navy patrol craft, another RM400million to the company that delivers and maintain government vehicles and many more).
With all this in mind, is it any wonder why Umno Youth is keen on prolonging the NEP? It’s a money spinner and they know it.

Tomorrow the 'Iron Lady' is going to explain on AP. Here we wait the outcome of her explanation on this issue in the Cabinet Meeting. So many questions to ask yet the answers come back to cronies and those you know kind of business dealings.