The Prime Minister Datuk Seri Najib Razak famously declared which "we can no longer tolerate practices which await a function of rent-seeking as good as patronage" when he launched his turning point New Economic Model (NEM) to replace a New Economic Policy (NEP) upon thirty March 2010.
I had plainly applauded a statement upon vigilant when it was initial announced, but cautioned then opposite a sincerity as good as political will of a Prime Minister to lift out a required reforms to our twisted economy.
The new endowment of a RM1.18 billion Ampang LRT Extension Project to George Kent Bhd has turn just an additional one of a most nails beaten tightly in to a NEM coffin. The endowment has proven which not only has Datuk Seri Najib Razak unsuccessful to rent-seeking as good as clientele in a Government procurement as good as proposal processes, these behaviours have been becoming increasingly obvious as good as flourishing in a country.
Over a past weeks, a various exposs have shown firstly which George Kent won a bid notwithstanding being labelled RM167 million higher than a creatively recommended bid a plan owners Syarikat Prasarana Negara. Secondly, George Kent was awarded a stipulate notwithstanding failing a technical criteria which has caused a association to be primarily rejected by a professional analysis consultants.
Worse, George Kent won a bid over alternative establish rail players such as Siemens, Balfour Beatty, Bombardier, Posco as good as Colas notwithstanding having zero experience in rail projects. The company's expertise is in a ! manufact ure as good as supply "control instrumentation, telemetry, pipes, valves as good as ttings, industrial as good as made during home H2O meters, boilers", as good as "bre glass reinforced polyester (FRP) panel armoured column for bulk H2O storage".
But a attention feedback upon a endowment as reported by a latest emanate of The Edge is most damning upon a firmness as good as credibility of a high-power Ministry of Finance Committee headed by Datuk Seri Najib Razak himself.
70 to 80%
An attention senior manager was quoted saying which "George Kent might have to subcontract about 70% to 80% of a value of a stipulate since it is not a strange apparatus manufacturer of any of a components which have been indispensable for a systems work".
A tip senior manager from Siemens has additionally reliable which they have been approached by George Kent to experience in a plan as a subcontractor. Similarly, an additional tenderer for a plan Balfour Beatty has additionally been approached, but management team tighten to a UK-based group contend it has "spurned" a offer.
A rail-sector plan consultant was then quoted to contend "subcontracting more than 30% of a specialised work packages, is questionable since a main executive would have been selected for a specific technical capabilities". This is as opposed to George Kent being awarded a stipulate notwithstanding having no such expertise in a industry.
The endowment shows which Ali-Baba similar to contractors who tarry upon their political connections as good as their consultant navigation of a supervision procurement processes go on to dominate in Malaysia. At a same time, a complicity of a Prime Minister, who is additionally a Finance Minister in a endowment routine proves full await for these companies.
We have been completely aghast during how Datuk Seri Najib Razak can go on to speak about a "New Economic Model" as good as "Economic Transfo! rmation" when Barisan Nasional cronies go on to win lucrative supervision tenders via rent-seeking as good as patronage, as good as not because of competency, peculiarity as good as price competitiveness.
Tony Pua is a DAP MP for PJ Utara
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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