Friday, February 10, 2012

Who is telling lies?

Who is telling lies now? The finance ministry officer or Wan Shahinur of National Feedlot Corporation? Wan Shahinur was saying that his company has the right to use the RM 250 million loan for whatsoever purposes, based on 1 2007 deal it had with the Finance Ministry as long as the company repaid the interest of 2% in full. On the other hand, a senior officer from the Finance Ministry had testified to the Public Accounts Committee (PAC) on the NFC scandal that the loan cannot be used for other purposes other than that specified, and the ministry had never received any applications from NFC to purchase any property.

I think this is the only country in the world that giving away taxpayers’ money in the form of low interest loan to the cronies of the minister so easily with no proper guidelines and monitoring putting in place thus allowing all sort of misappropriations. Despite of meeting its original objective of cutting the reliance of the country on beef imports, such hush-hush projects given to the certain individuals are only good to making them ever richer and richer. Instead of rearing cattle for the sufficient consumptions of the people, the fund was misused into buying expensive properties such as luxury condominiums in Bangsar and Singapore. Perhaps these people could have thought that they are above the laws simply because their mother or wife is holding a minister portfolio.


When we talk about corruptions and most of us will be thinking about those traffic police asking for “duit kopi” for traffic offences or immigration officers harassing the illegal immigrants and so forth. It is high time to move up a nod for our anti-corruption campaign and an effective mechanism must be put in place to more thoroughly check through the high ranking government official and ministers. If we are only good in catching the small fish but the big fish which are more harmful to the nation are let off hook simply because they are protected by the powerful politicians, then MACC is as good as any another government agencies which are serving the government rather than the people.

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