YOURSAY | ‘For some GLCs, the line between investment and scam is so blurred that it’s hard to separate them.’

TI-M, how do we choose the less corrupt in GE14?

 

TI-M: All politicians corrupt, so choose the less corrupt

yrsayTIMAnonymous 539281478077880: Not only politicians on both sides are corrupt but also “the ball carriers” to their leaders are corrupt.

Corruption is a “cancer” where there is no cure. This stigma today is very rampant in our country. Every deal “has a cut of corruption” in today’s daily life.

This corruption had damaged our country tremendously as its top leaders are playing an active part in corruption.

Transparency International Malaysia (TI-M) president Akhbar Satar, how do we pick the less corrupt ones in the coming GE? It’s impossible to choose; as the naming of the selected “would-be candidate” comes with a price for that person to get the position.

Real Truth: So, you agree that there is a moral deficit in the society as one would not know who will become corrupt after having been elected to high office.

Since we are an Islamic country, I suggest that everyone who take high position must take an oath that they will refrain from corruption.

Goldee: If the Malaysian Anti-Corruption Commission (MACC) is independent and is efficient, corruption can be easily curb and be contained.If not for the 1MDB scandals, MACC would not be so efficient.

Akhbar should have said that in every country there bound to have corruption, but it is wrong to make a sweeping statement that all politicians are corrupted.

If they are all corrupt, why MACC do not initiate investigations against each and every politician. So it is not right to lump every politician into the same basket.

We should make it a law that it’s compulsory for all parliamentarians to declare their assets.

Anonymous #13114320: Akhbar, you said it absolutely right. I just hope people will know who the less corrupt are to vote for, and not be swayed by RM50 and a pack of nasi lemak.

We are at where we are today because of those dumb folks who picked the wrong choice, and we all ended up in this state of affair.

Report: EPF puts two London properties on sale

Wg321: The Employees Provident Fund (EPF) may bring in RM550 million with the sale of its two London properties.

This is enough to cover the loss of about RM600 million in the sales of Felda Global Ventures (FGV) shares recently. This will enable EPF to pay 6.5 percent dividend again to the EPF contributors this year.

6th Generation Immigrant: Dividends time has arrived. Election time is fast approaching. The financial climate in Malaysia is at the doldrums.

The feelings of the rakyat are loud and clear. A 6.5 percent dividend will go a long way to stabilise Malaysia and retain power for BN.

The opposition, though right, cannot counter offer so they can only hope for the best from the over 14 million contributors cum voters.

Headhunter: EPF must be transparent about this. Let all transactions be made public and if any commission or service fees to be paid, it must be according to the British standard practice.

There should be no middlemen ‘consultants’ who are nothing more than well-connected opportunists and robbers. Remember it’s EPF contributors’ money and not your father’s.

ABC123: Just like Felda, their idea of making money is to sell, sell, sell. That is all they know to generate money.

This is not much different from folks who have to go to pawnshop to pawn off their rings and jewellery when they are desperate.

That is the extent of their “business acumen”.

Rafizi rues Tabung Haji’s RM700m ‘misadventure’ in oil industry

Headhunter: For some government-linked companies (GLCs), the line between investment and a scam is now so blurred that it’s hard to separate them.

Even with political patronage where everything is handed on a silver platter, most of them are losing money due to below par management, incompetence and corruption.

When a company begins to make money, they start to devise ways and means to channel the money into their own pocket. The best thing to do with them is to privatise them to recover some of the investment.

Kneazle: The management of many GLCs are never accountable for every loss-making investment. They are being protected by Big Brother and all guaranteed by taxpayers.

Worldly Wise: There is a presumption that all GLCs are remote controlled by politicians. They are consequently badly managed.

Drngsc: Well done, Pandan MP Rafizi Ramli. I hope that the Muslims can see that Umno has lost their hard-earned money.

They never learn because they actually do not care as it is not their money. Of course, there is always the possibility that they may have gained from Tabung Haji’s lost.

It is amazing how much money that we have lost through bad management.

Realthistime: That’s what you get when you don’t employ management based on merits.


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