Msian minister: It is a transfer of cronies
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Thread: Msian minister: It is a transfer of cronies

  1. #1
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    Msian minister: It is a transfer of cronies

    Did Zam really say what was reported in The Star (which I didn't see) and which was repeated again in the Spore TODAY (http://www.todayonline.com) paper today??? Incidentally, the Spore Straits Times did not carry this report.

    The actual quotes:

    "The Malays thrive under the crony system and the transfer of power and administration essentially means the transfer of cronies.


    "There were cronies during the era of former Prime Minister Mahathir Mohamad too, so the weaknesses of the Malays should not be exposed for all to see. Why should the the leaders expose each other's weaknesses? This is not a healthy exercise."

    Zam was reported to have said also that the abuse of power and misappropriation of funds were bound to happen under the crony system. In his reported words:

    "This cannot be denied. And the prime minister is trying his best to rectify the situation his way. Dr Mahathir should let the Prime Minister do it his way."

    Now, if what Zam said at a public function in Sg Petani was accurately reported, then it was easily one of the most controversial set of remarks that a minister has made in recent times.

    In one fell swoop, a minister has publicly acknowledged that (a) the crony system exists and that it is alive and well (b) a new prime minister means that cronies transfer allegiance to the new seat of power and (c) by implication, the crony system is an accepted feature of the Msian political landscape and business environment.

    It also blows the whole idea of meritocracy out of the water.

    It's not hard to see the opposition going to town on this.

    And I am just wondering if the The Star is going to get rapped on the knuckles for this report. But Zam spoke at a public function, not off the record, so what he said is in the public domain, right?

    (note: all the above emphases are mine)

  2. #2
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    Quote Originally Posted by sirgalahad2010
    D
    Now, if what Zam said at a public function in Sg Petani was accurately reported, then it was easily one of the most controversial set of remarks that a minister has made in recent times.
    Of course, but it has been tolerated at the ballot box, mind you.

    Take another example:

    Khairy successfully led demonstration = no police permit, no problem.
    Anwar's public rally = permit denied.

    But who cares?
    Shali
    "Two wrongs don't make a right, but three rights make a left"

  3. #3
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    Quote Originally Posted by shali
    Of course, but it has been tolerated at the ballot box, mind you.

    Take another example:

    Khairy successfully led demonstration = no police permit, no problem.
    Anwar's public rally = permit denied.

    But who cares?
    Don't forget,

    peaceful protest of fuel hike @ KLCC = bleeding heads and bruised protestors

  4. #4
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    A couple of points for the govt to ponder over:

    (1) FDI (foreign direct investment) into Asean last year: US$38.1 billion. Of this, Singapore attracted around US$20 billion, followed by Indonesia with US$6 billion, Thailand with US$4 billion and Malaysia with US$3.9 billion. It means that Singapore pulled in close to 53% of FDI into Asean in 2005. (From a study by PricewaterhouseCoopers for Asean, reported in the Spore Business Times (http://business-times.asia1.com.sg) yesterday).

    (2) Total US investments in Spore up to end-2005 amount to around US$50 billion. Total US investments in Malaysia for the same period? US$9.9 billion (from a US Dept of Commerce report, carried in the Spore Straits Times last month).

    I wonder what Kak Rafidah's KPIs are? And what the people in MIDA are doing?

    More to the point: I have been looking at getting a few IT start-ups from Si Valley to set up shop in Msia and take advantage of the MSC incentives. They spotted this report on cronyism and asked me "what the **** is going on in Msia?" From me? Embarrassed silence.

  5. #5
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    Thumbs down

    Nik Aziz said it well, government give project to people of politics who are most likely to Ali Baba the project. Anything Ali Baba is doomed to failure!

    FDI? recent 30% Bumi equity requirement imposed by the KL city council on any foreign owned retail bzness is enough to scare away anyone!

  6. #6
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    A couple of points for the govt to ponder over:

    "what the **** is going on in Msia?" From me? Embarrassed silence.
    - sirgalahad2010

    please if u don mind, i think u are being rude.

    from mondays to sundays and almost frequently each day, u sure got plentiful to say of how bad this or that is about this country(is malaysia your country of birth?)

    don u ever take a rest or vacation?

    it got down to only a couple of the same old faces responding in yr topics, and soon they will get tired.

    by then no one will ever respond to u anymore.

    in that circumstance yr silence will be treasured by me.

  7. #7
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    Quote Originally Posted by uchangeng
    Nik Aziz said it well, government give project to people of politics who are most likely to Ali Baba the project. Anything Ali Baba is doomed to failure!

    FDI? recent 30% Bumi equity requirement imposed by the KL city council on any foreign owned retail bzness is enough to scare away anyone!
    K, I am not very familiar with local slangs... can u tell me what is Ali Baba and what does it relates to?

    Handyman,
    No offense, and I really hope you don't take any. Sirgalahad is very vocal, but at least he has the courage to speak up and not to just take things at face value? (Btw, idk who he is... so, no, I am not defending him). I am saying this becoz I can share his embarrassment when questioned about your country. I mean, won't you if you're being asked (on a smaller scale, as an example) what the heck happened to your family (due to some scandal)? If its me, i would say, its their business not mine. (But when it comes to your country, ppl kinda expect u to answer differently, imo).

    I just felt that he's not being rude... he's just being very vocal.

    But back to topic, what (do anyone of u think)... attributes to this big scale of difference? Was it lack of confidence by those investors? If yes, why? What is to be done on this? Less bad publicity? More campaigns?

  8. #8
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    Quote Originally Posted by sirgalahad2010
    "what the **** is going on in Msia?"
    You being vocal and uncensored in this forum caught my attention. In the first place is it normal to use that 4 letter word here? You are out of line, in my opinion.

    Along with this comes the idea of what constitutes proper manners.

    Cheers.

  9. #9
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    Quote Originally Posted by handyman
    ..by then no one will ever respond to u anymore.
    As they said, "But not today, baby!" Sir galahad, carry on being vocal. I think ur point of view is interesting if nothing else. Btw, i didnt know **** is supposed to be vulgar language..

    ****

  10. #10
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    No twisted minds please.

    What the **** , could mean, what the heck. Ok now?
    Shali
    "Two wrongs don't make a right, but three rights make a left"

  11. #11
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    handyman

    Pardon me for asking, but r u doing anything to get foreign companies (even if they are only start-ups) to consider investing in, and setting up operations in, Malaysia?

    As a card-carrying Msian, who grew up and studied in Msia, I think I have every right to bitch (and that's not a 4-letter word) about stuff in the country which either hampers or deters foreign investment and foreign talent.

    Unless u r saying that the vast Msian diaspora overseas should shut the **** up.

  12. #12
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    Thumbs down

    Ali Baba is the famous product of our famous NEP. One of the most successful enterprise around!

    It refers to a Malay company who uses it's Special Right privillege(of being bornt a Malay) to obtain fat contracts from the government under the New Economic Policy. The contract is then sub-contracted whole sales to another company who is actually the one with all the knowhow and capability to do all the work. In between, the Ali Baba makes a clean cut without having to do anything at all.

    So ez to become millionaire, it is alomost a birth right!

    As an example, A government link telecommunication company wants to invest in multimillion dollar telecommunication technologies that requires the GLC to acquire all the harewares and softwares from overseas, say, France. The policy of the GLC is that it can buy ONLY from a Malay company. This means the French company can not sell direct to the GLC.

    So what's next? GLC appoints a Malay company la..100% Bumi. Whatever the company track record is secondary, who they are? nobody care. So what the GLC does is dole out the project to politicians who rub their backs, to cronies who act as front man for someone up there or even to the son-in-law. Whoever that fall within the group of people they call "Bumiputra yang terpingir". These people or so-called company acts as the middle man, right hand to left hand and in between make a cut of every transaction. A 500 million dollar project at 5%, the middle man would make 25 millions, no need to do anything.

    Other examples? many... companies who want to go public or merger. 30% equity to Bumi is mandatory. Just give la. to any Bumi u can find, after listing, the Bumi gets his cut and the company got back his shares. Another Bumi millionaire made. Hooraa, long live NEP !

  13. #13
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    handyman

    i am just curious - you seem to abhor sirgalahad telling us what is wrong with this country. What is your view then, on bolehland, if you feel that what SirG says is ludicrous, or unacceptable?

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