Pakatan blames BN for turning Malaysia into king of black money


By Clara Chooi
December 16, 2011

KUALA LUMPUR, Dec sixteen Pakatan Rakyat (PR) leaders faulted the Barisan Nasional (BN) supervision currently for bleeding the country's coffers by corruption, observant the mismana! gement o f the economy had incited Malaysia in to the "king of black money".

Pointing to the Global Financial Integrity's (GFI) commentary that Malaysia had mislaid RM150 billion in 2009 by the siphoning of unlawful money, the leaders warned of the bleak destiny for the nation should the ruling pact be allowed to go on the reign.

DAP secretary-general Lim Guan Eng pronounced in the matter that it was time to get absolved of "the pirate barons in this country". record pic
According to the Washington-based monetary watchdog, the nation also mislaid RM927 billion in between 2000 as well as 2008, with Malaysia's detriment in terms of unlawful collateral moody during RM1.07 trillion in 10 years.

DAP secretary-general Lim Guan Eng pronounced it was time to get absolved of "the pirate barons in this country", reminding Malaysians that the towering detriment of supports by unlawful collateral moody could never be recovered.

"The GFI inform has repelled us all, with formula showing that Malaysia is right away ranked one of the top five countries in the universe in terms of top unlawful collateral flight.

"Malaysians contingency unite to save this nation from BN, clean up crime as well as try to get back this RM1.07 trillion of unlawful money," he urged.

The Penang chief minister blamed projects like the scandal-ridden Port Klang Free Trade Zone; the RM52 billion Bumiputera share scandal; the RM250 million National Feedlot Centre controversy; as well as the government's multibillion ringgit submarine squeeze as some of the causes behind the towering detriment of funds.

"It is precisely proje! cts like ... the crowd of government-linked projects that run in to large price overruns with 0 accountability, including the RM3.7 billion over-expenditure by supervision departments reported in the ultimate Auditor-General's report, that minister to Malaysia right away apropos the aristocrat of black money," he wrote in the matter here.

With such losses, combined Lim, it was no consternation why Malaysia performed feeble in the ultimate 2011 Transparency International Corruption Perception Index (CPI) that saw the nation drop 4 spots to 60 out of 183 countries.

PKR vice-president Nurul Izzah Anwar pronounced she was "fearful" of Malaysia's destiny as well as the government's supposed gusto for fashioning growth initiatives to shimmer over alarming realities.

"Certainly the release of the GFI inform showcases as well as validates our ass! ertion t hat zero has altered essentially as well as everything stays the same.

"The ETP (Economic Transformation Programme) as well as Pemandu sojourn as mere collection to prop the government's image that it has fully remade ... that in being is zero reduction than the open relations campaign," she pronounced today.

Unless the administration starts to block the leaks by good governance, combined the Lembah Pantai MP, "Malaysia will be looking during the destiny filled with illegal outflows".

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