Illicit money: Time for Najib to announce ETP's FAILURE


Illicit money: Time for Najib to make known ETP's FAILURE
The recent consult upon countries with illicit supports outflow that placed Malaysia at a third position globally should prompt budding apportion Najib Razak to confess failure of a Economic Transformation Programme.
DAP cabinet member general Lim Guan Eng pronounced as Finance minister, Najib must entirely account for RM 200 billion in dirty money siphoned out of Malaysia in 2010 as well as a sum RM 871 billon over a last 10 years.
"Najib's stubborn overpower as well as failure to act over this RM 871 billion scandal demonstrates not usually his failure to defend pubic burden though that a BN government condones a use of outflow of illict or dirty money," pronounced a Penang chief minister.
In a inform released yesterday, a US-based Global Financial Intergrity pronounced between Asian economies, Malaysia ranked second usually to China in conditions illicit supports outflow, as well as third in a world.
According to a report, a little 80 percent of illicit financial flows were due to traffic mispricing, while about 20 per cent was due to corruption.
Lim noted a report's regard that RM197 billion of 'dirty money' was siphoned out of Malaysia in 2010 compared to RM93 billion in 2009, an enlarge of 112 %.
He pronounced a government had nonetheless to fulfil a guarantee last year to control a examine or to make known a outcome of any such examine "despite offers of help from tip GFI economists".
"Is this another box of BN's 'Janji Tak Ditepati' of emptied promnises?" Lim asked.
Lim reminded that a GFI inform came upon a heels of 20! 12 Trans parency International inform that put Malaysia at a tip of nations that mislaid commercial operation due to bribery.
-Harakahdaily
Read More @ Source



More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz

No comments: