- Rosemajib launches national service volunteer brigade
- Bernama | 3:03PM February 4
Last you heard, a Civil Service bill costs $ 40 billionper yearand which a relapse for a 1.2 million personnel, assuming pro rata cost, is:
1. Army, Navy, Air Force, Coast Guards etc - 220,000 costing $ 7 Billion.
2. Police/Fire Brigade etc - 220,000 costing $ 7 Billion
3.Balance, Mandarins as well as their staff = 780,000 costing $ 26 Billion.
If a APCO led spindoctoring apparatus of PM Rosemajib is to be believed, over as well as upon top of this, you right away have:
1.2.8 million RELAmembers costing us @ $ 500 per chairman per month, $ seventeen Billion a year.
2.650,000National Service Volunteer Brigade (NSVB) members costing us during say, $ 500 per person
per month, $ 4 Billion a year.
Adding all together, a well known to be serially fibbing PM Rosemajib as well as Spindoctor APCO have been right away saying which you have been committed to bound price of$ 61 Billion+$ 10-15 Billionevery year for a PM's own department (which is some-more than Obama's as well as yo mama's budget)!!
And he has a impertinence to contend you should not turn a Social Welfare country, as well as advises USA as well as UK ! not to i mitation money?
Is there a little kind of a devise here?
You betcha ass, there is!
Many of a Government Losing Concerns (GLC's) have been unexpected going upon a rare spending spree:
1. S.Darby's $ 776 million 30% partnership of E&O Bhd. Plc with a 60% price premium, notwithstanding SD having an award winning skill developing subsidiary in a stable. Allegations of insider trade by a father of a Security Commission's (SC) CEO, have been flying around. More than that, as disclosed by Straits Times Singapore, a top three during a SC over-ruled a findings of their own investigators which SD should make a General Offer to all shareholders of E&O as well as not usually 3 of a major shareholders.
2. PNB has made a unsolicited suggest to acquire all a shares of SP Setia Bhd. Plc, an additional skill developer. The price will be in additional of $ 2 billion. This is an additional mystifying move by PNB since which together with EPF, Socso as well as alternative GLC's, it already has over 51% control. EPF has additionally estimable stakes in alternative skill growth Plc's such as BRDB, TTDI etc.Why is a supervision permitting this when it has, through Khazanah as well as PNB, material as well as estimable stakes in Sime Darby, UEM etc. which have been all big boys in a genuine estate growth sector? UEM's partnership of Sunrise for $ 1.4 Billion in 2010 is an additional of these eyebrow raising deals.
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4. EPF, PNB as well as Khazanah have additionally gone upon a spending debauch investing in genuine estate in London, Australia nad Singapore, purportedly for aloft returns. But according to Roti Kaya Jala as well as APCO $ 1 Trillion Economy Transformers, a best genuine estate investment opportunities have been to be found locally, at:
- Sg.Buloh land, Selangor - 3,000 acres
- Sg. Besi old Airport land, Kuala Lumpur - 495 acres
- Pudu Jail land, Kuala Lumpur - twenty-two acres
- Iskandar Regional Development in Johor
- Real Estate growth in conjubction with MRT growth in a Kelang Valley
6. MAHB has committed an additional $ 2 Billion to enhance a LCCT project based upon Air Asia's unstudied projection of 45 million passengers traffic by 2020? And right away wants to issue $ 500 million new shares to finance it when usually final year a Chairman pronounced they would not be raising supports from a public?
So, what gives?
In 1981, PNB under Maha Firaun's orders mounted a dawn raid upon a London. Stock Exchange. It eventually led to a takeover of Guthries' by PNB. Well, perhaps which was usually right since all these colonialists had cornered a raw materials as well as were exporting tyres as well as tin cans at a back of to us during arrogant prices.! < br>
But where is Guthrie's today? Why, swallowed by a Sime Darby partnership instituted by CIMB (controlled by Rosemajib's brother) for a fee in additional of $ 500 million, upheld by PNB, Khazanah as well as EPF as well as spoken "an unqualified success" by CIMB as well as SD's Chairman Musa Hitam (former Deputy PM of M'sia). So unqualified a success which currently SD trades upon a KLSE during about 50% of a combined pre-merger share prices of SD, Guthries as well as Golden Hope!!??
So, have been all these a little kind of a warped re-colonizing master plan?
Only thing is, all these businesses being taken over for $ Billions were/are often tranquil by internal Malaysian Chinese ty! coons. we t seems to have escaped a minds of all these bigwig "super patriots" during PNB, Khazanah as well as a 5th Floor Boys during Putrajaya which these tycoons started from blemish as well as built their success by dint of rolling up their sleeves as well as removing down to sheer, hard, thoughts as well as body numbingWORK. Know how built up from practical knowledge as well as failing many times. You can't buy lasting success, usually build it slowly as well as steadily.
And in a final analysis, they have been Malaysians, not British colonialists or aliens. So, why is PM Rosemajib enlivening a Malaysianisation of what is already Malaysian owned?
Or, is there an additional kind of meditative which they have been unequivocally "pendatang" 2nd class adults who have been expendable? It recently came to light in a report submitted to a UN by a Government which a actual Malay race in Malaysia hovers during usually about 51%. So, swab Ibrahim Ali's shameless explain for 67% share of a manage to buy by prolonged coercion of NEP?
More worrying is a deceive of secrecy at a back of which all these wheelings as well as dealings have been being conducted. Who broke! rs these deals? Who is paid what commission, generally for $ Billions for levity of sukuk bonds as well as $ 8 Billion PetroSaudi deals where an astounding 25% lapse was fictitiously registered without taking into full account investment duration as well as time worth of money?
With this large careless spending as well as committing future Governments as well as adults to a burden of bound price amounting $ Billions every years, PM Rosemajib has clearly embarked upon a scorched earth policy.
He is signalli! ng furio usly which he's already mislaid GE thirteen as well as which his actions will be dictated by spite as well as contempt for not usually a Opposition, though additionally for a typical people of Malaysia.
Donplaypuks with a people, reserves, economy, sore loser man!
Posted byDonplaypuks
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