Privatisation of Government Land: Ways of Skinning the Cat
A Kadir Jasin
THEREare most ways to skin a cat, so goes an English saying. Since a fair series of today's domestic bigwigs have been English educated, some spending most years in England, we hold they know a meaning.
I hold which a cat refers not to a friendly tabbies during home though to a large cats which a colonials desired to hunt a tigers, lions, leopards, cheetahs as good as jaguars.
So when a government granted a privatisation of a 223.33-acre troops land in Bukit Raja, Selangor, to a little-known in isolation company, Awan Megah Sdn Bhd, which belongs to a Selangor Wanita Umno chief, Raja Ropiaah Raja Abdullah, incited into a mischief, it appears which it had not skinned a cat a right way.
And a silence upon a vicious allegations which a family of a Prime Minister, Mohd Najib Abdul Razak, was involved with runner dealer, Deepak Jaikishan, is deafening.
The squabble between a Umno bigwig as good as Jaikishan, who claimed ownership of a land, saw a ghost of murdered Altantuya Shaariibuu as good as a second statutory declaration by a mysterious PI Bala being brought to live just as a general is around a corner.
In a process, runner merchant sued his business partner Raja Ropiah (which he recently claimed had been withdrawn) as good as published an online book about a deal in which dragged members of Mohd Najib's immediate family into a duct -- something which a antithesis loves to welcome as good as a Barisan Nasional could not means as a GE looms.
The unhappy thing is, a iconic Armed Forces Fund Board (LTAT) had been dragged in as good or, some-more appropriately, had been used compromise a problem of a sharp carcass of a badly skinned large cat.
Its skill growth arm, Boustead Holdings Berhad, had stepped in to by a land as good as a concession which goes with it for a combined price tag of RM160 million.
I would not dare explain to know much about land appropriation as good as skill development. But when we was quickly involved (as a youth partner) in a management buyout (MBO) of a New Straits Times Press Berhad (NSTP) as good as Sistem Televisyen Malaysia Berhad (TV3) back in a early 1990s, we were involved in a privatisation of a Kuala Lumpur Railway Station land which is currently known as KL Sentral via a Bursa Malaysia-listed skill developer, a Malaysian Resources Corporation Berhad. Today, MRCB is owned by a Employees Provident Fund (EPF) as good as KL Sentral has become a showpiece of civic renewal. (I left NSTP as good as severed all attribute with MRCB/NSTP/TV3 groups in 2000).
Better Ways Of Privatising Government Land
There have been certainly alternative improved ways of privatising a Bukit Raja land and, for which matter, all troops as good as government-owned landed properties. we have seen companies offering improved terms for troops land. For instance, from a outset they roped in a LTAT by forming or prosing to form joint venture companies in which a LTAT is a majority shareholder. The in isolation sector companies which done these proposals have been reputable Bursa Malaysia-listed companies.
In a single case which we came across, a Bursa Malaysia-listed skill developer due to acquir! e a squa re of Ministry of Defence land as good as replace it with a square of land of equal distance elsewhere as good as build upon it whatever is required by Mindef.
It additionally affianced to build a troops enclave upon a privatised site whereby serving as good as retired troops crew would be offering special discounts to buy houses as good as apartments.
But they were not regularly successful. People related to domestic parties or have access to a inner circles were some-more expected to embrace a privatisation as good as they would then sell a projects to developers for discerning profits.
In a case of a Bukit Raja land, it was sole to Boustead. If in truth Boustead had been eyeing a land given 2005, as it was reported telling Bursa Malaysia, it should have done a bit itself instead of shopping it from a vendor.
The dignified of a story is, we possibly skin a large cat good or we will get scratched. In a worse case scenario, a dying cat might bite off your head.
The Manik Koran Peddlers
This brings back memories of a time past when we had less celebrated sleigh-of-hand traders, who, we in a north of a Peninsula, were called tukang silap mata.
They were customarily Hindu Indians who claimed to have special powers stored in their tangkal (amulets). The Malay peddlers, upon a alternative hand, had azimat. Many unwary, trusting as good as miserly people lost fortunes to them.
Then there were a Manik Koran traders. They were customarily middle aged Pakistani group who peddled trinkets as good as Koran upon bicycles! in vill ages as good as small towns.
The unique combination of trinkets (manik) as good as Koran gave them a title Manik Koran traders. Some additionally sole carpets as good as prayer mats.
Having left their wives in Punjab or Sind, in Pakistan, a single could not censure these Manik Koran traders if they were infrequently randy. Many encampment women fell for their charm, fair mettle as good as generosity.
Some went upon to marry internal women as good as settled down henceforth in Malaya, though were still referred to as "kling" (from a ancient Hindu Empire of Kalinga). Hence we had a Pakistani shopkeeper we called kling Ibrahim in a village.
Further back into time, a Malacca Empire fell to a Portuguese in 1511 when an Indian help of a Sultan, Kitol, tricked his boss by siding with a attackers.
Wallahualam.
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