Speechless Corruption

What the MACC still waiting for? The usual green light from the top?

(Why care about these people when RM50 million of hard cold cash goes to your pockets on a yearly basis and no one can touch you, right? Image source: http://www.sarawakreport.org)

Despite saying “we are not as corrupt as we are perceived to be”, one need to wonder whether MACC still sleeping on the job? Especially when you read this:-

Sarawak Report can reveal that the Chief Minister, Abdul Taib Mahmud, has a major personal shareholding in Sarawak’s highly controversial Royal Mulu Resort, a project that has received huge injections of cash from the State.

This means that, as both Chief Minister and Finance Minister, Taib has authorised the diversion of large sums of public money straight into his own pocket.

Given that the Chief Minister had alienated profitable state land into the hands of his unqualified sister and brother, the project was from the start corrupt.

Even more corrupt has been the continuing support by the state of Sarawak, through the Sarawak Economic Development Corporation, of what has turned out to be a lamentably unprofitable venture. In the name of ‘developing tourism’ the SEDC has been paying what appear to be astronomical ‘management fees’ to the Geneids and their co-shareholders for running their own hotel investment!

Sarawak Report has been informed from reliable sources that the agreement was for Borsamulu’s management subsidiary to be paid RM 50 million a year for 50 years by the state.

This means that the State of Sarawak has agreed to pay the Geneids and indeed the Chief Minister himself, RM 50 million a year to manage their own investment until the day they die!

We therefore ask the Government of Sarawak if they will please confirm this figure and explain on what grounds they think they can condone such corruption?

Read more here – still dare to say “we are not as corrupt as we are perceived to be”? Still want to consider “commission in millions” as nothing to shout about? Still think that we need to keep the same people in power and hope for the best?

About these ads

One thought on “Speechless Corruption

Please let us have your reply...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s