Was Prime Minister Najib Tun Razak fibbing when he pronounced the inhabitant income had increasing by RM26 billion for 2010-2011?
KOTA KINABALU: Why is the statute Barisan Nasional (BN) supervision dipping into the Employees Provident Fund (EPF) to finance the controversial housing intrigue when PrimeMinister Najib Tun Razak had announced which the inhabitant income had grown by RM26 billion for 2010-2011?
This question, acted by Sabah Progressive Party (SAPP), demands an explanation, pronounced the report chief Chong Pit Fah.
He pronounced the sovereign supervision contingency stop abusing the EPF to bail itself out by short-term populist measures.
"A obliged supervision should regularly strive to strengthen the people's hard-earned savings, instead of abusing it.
"The preference is illogical generally since the budding apportion pronounced which the inhabitant income had grown by RM26 billion for 2010-2011," Chong said.
He was commenting on the make make use of of of RM1.5 billion from the EPF to finance the special housing intrigue underneath the Federal Territories Foundation to enable eligible people to buy houses in Kuala Lumpur.
Najib, who is additionally Finance Minister, pronounced which the enlarge in income had enabled the supervision to discharge income assistances to the people, together with the RM2.6 billion for the RM100 school aid, RM200 book voucher for STPM as well as tertiary students, besides the RM500 assistance provided underneath the Bantuan Rakyat 1Malaysia (BR1M) for domicile with earning of least than RM3,000 per month.
Chong questioned why the supervision could not make make use of of the RM26 billion to ! allocate another RM1.5 billion from the sovereign coffers for the special housing appropriation intrigue instead of using the grant fund.
"A obliged supervision as well as leaders will not abuse the people's income which they have entrusted in the supervision to guarantee their future.
"Najib should know this better," he said, adding which it is all partial of the BN government's strategy to win back Selangor as well as Kuala Lumpur from the antithesis at the expense of EPF contributors.
RM26 billion the lie?
Chong pronounced the move additionally showed which the sovereign supervision had not t! hought t hrough the special housing appropriation scheme.
RM26 billion the lie?
Chong pronounced the move additionally showed which the sovereign supervision had not t! hought t hrough the special housing appropriation scheme.
Citing prior records of financial mismanagement, he voiced concern which those involved in commendatory the make make use of of of the EPF income have been most likely to be absolved of shortcoming should something go wrong.
He pronounced if the supervision had to tap EPF to finance the housing scheme, then the avowal by Najib which the inhabitant income was RM26 billion was the lie.
"Using people's assets proves which talk of an enlarge in the inhabitant income is nothing though the ploy to pull the wool over the people's eyes to paint the rosy picture of the government's finance, when in actuality it is in the apocalyptic position.
"Najib will contend anything which serves his bulletin since he knows his supervision is counting the days in office.
"He knows he can easily pass the weight of blame to the subsequent government," he said.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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