EPF waived billions of Ringgit owed by BN govt

We have been referring to a recent headlines inform mentioning a Employees Provident Fund (EPF) house of supervision has motionless to relinquish a little part of a RM2.9 billion loan due by a BN federal government.

We have been in truth gravely disturbed as good as disappointed with a EPF board's inaccurate decision to relinquish a billions of Ringgit in loan amends from a supervision as good as you do not assimilate because it has to be similar to that.

First, a income in a EPF is ours, as good as millions more workers out there as good as all those assets have been meant for a early early retirement in future. Then, assisting to revoke a weight of a Umno-led BN federal supervision by waiving their loan amends is not a avocation of EPF as good as positively it is not a avocation as well as well.

Government expenditures have been overseen by these polite servants as good as they have been upon trial with a total hold up pensions via their early early retirement age. To ease a government's monetary weight or whatever monetary deficit they have been pang from, these polite servants should take a cut in their pensions as good as salaries as good as to revoke their unnecessary spending.

Just look at a recent auditor-general's inform upon how these polite servants spending a supervision funds. It is a very clear cut mismanagement as good as energy abuse in a polite service zone ! which no a single from a tip seems to care about.

It is not only a single auditor-general's report, a inform has been done yearly as good as a same old mismanagement of public account has been mentioned upon as good as upon as good as you expect us to bear all these consequences by s! acrifici ng a hard warranted assets from a EPF?

We fright which EPF would a single day incited into a "full fledged bank" to finance a little arrange of cronies related to Umno or whoever it is from a BN coalition. It contingency be done clear which a EPF house does not really represent a contributors at all. We didn't elect them to lay in a boardin a first place.

As such, please do not disaster with a money, a hard warranted saving for our"simpanan di hari tua". By a way, you also schooled which UEM Group Bhd has also waived a little millions of Ringgit of their loans to a supervision underneath an undisclosed "new agreement".

If UEM wants to help to ease a government's monetary trouble, by all means. Hands off a income please!
By Viktor Wong
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