Comments on: RM50 million Pempena scandals – another 3 questions for Azalina

By: walao

walao — Tue, 25 Nov 2008 16:23:55 +0000

For a person who took 10k per month, how thick face she is , still denying her shoddy work whick lead to so much money lost . Melurian says

“this is malaysia where we have compassion. if you take away her 10k/mth pempena job, she has to sell her house in bukit jelutong and she will have no place to stay! you like that, forcing ppl homeless ??

shame on dap for being so ruthless …..”

I wonder if all bank executive chairmans did what CMF did… I wonder whether she still so naive or not.

Melurian, I know you either too naive or too anti-dap or too sentimental, but what CMF did cannot be excused or get off easily. If all fund managers/bankers lost all our money, you will regret what you have commented.

By: Yee Siew Wah

Yee Siew Wah — Mon, 24 Nov 2008 08:35:59 +0000

The MCA bums are all crooks who only look after their own interests. They claim they “represent” the chinese. Yes, representing their wallets.
This lady CMF got the cheek to a 10 grand, repeat 10 grand salary for the way she behaved and talked make her so stupid and greedy. Chairman or chairwoman whatever. To me, she just fit to be a lady cleaner by the roadside stalls. She is also a disgrace to Kuen Cheng.

By: Kathy

Kathy — Mon, 24 Nov 2008 07:49:57 +0000

It is not ruthless to sack someone that is not performing up to par in terms of work. It is a fact of life.

She wont be homeless if she ever has to sell her house in bukit jelutong (she will get money and can buy a smaller onelah!) or she can move in with her parents or relatives.

By: melurian

melurian — Mon, 24 Nov 2008 05:20:14 +0000

“If she does a shoddy job, she should be sacked”

this is malaysia where we have compassion. if you take away her 10k/mth pempena job, she has to sell her house in bukit jelutong and she will have no place to stay! you like that, forcing ppl homeless ??

shame on dap for being so ruthless …..

By: k1980

k1980 — Mon, 24 Nov 2008 03:19:34 +0000

RM5 million injection to keep Pempena afloat is not enough. Najib will have to get EPF to give another RM5 billion loan to pempena

By: motomoto

motomoto — Mon, 24 Nov 2008 02:00:08 +0000

She will evade your questions and come out with some other dumb answers. Standard what!

By: jedyoong

jedyoong — Mon, 24 Nov 2008 01:59:59 +0000

CMF such a disgrace to Kuen Cheng. Who will feed her? If she does a shoddy job, she should be sacked. On YB/DAP employing her, it’s probably better to invest in junk bonds in the current economic climate.

By: hongkie123

hongkie123 — Mon, 24 Nov 2008 01:34:23 +0000

On PwC’s report is it not surprising that only High Level Review is done. Investigative audit by PwC would be:-
- very time consuming;
- expensive (where do you think the word “Price” comes from?);
- report contains lots of caveats

Not many organizations want an investigative audit and only select few professional auditors are competent to do it. Having said that, over the years there have been many investigative audit done by the big audit firms as well as those done by internal auditors. But how many cases of successful prosecutions that we have seen? Frauds are careful steps taken and therefore to uncover frauds, it is very difficult. What more successful prosecution.

Anyway, in many organizations, many heads would have rolled had RM50 mil been mismanaged. I posted in Dr Chua Soi Lek’s blog asking why Chew Mei Fun was not keen to take actions on the mismanagement but todate there is no no words from Chew Mei Fun on what she wants to do. Will the government change for the better? Unlikely it seems.

By: veddy.lum74

veddy.lum74 — Mon, 24 Nov 2008 01:10:12 +0000

sorry,typing error,it’s mechanism.

By: veddy.lum74

veddy.lum74 — Mon, 24 Nov 2008 01:08:22 +0000

mahatiu said gomen willing to spend billion of dollars to promote 3000 malay entrepreneurs,but only 300 interested to join the seminars,after dat,only 3 person engaged in business and not very long,closed-down!THE PROGRAMME WAS COMPLETELY FAILED!!!

UMNO cant waste public fund to promote business,by all means,use only your own fund!!!

misconduct of public funds was not news,how many cases have happened?why no machanism to prevent dis type of scandals to keep-on repeating?ACA shud be accountable for all dis corruptions!

By: veddy.lum74

veddy.lum74 — Mon, 24 Nov 2008 01:00:07 +0000

wat happen to phucklah,he was the minister of finance,he shud be responsible for dis scandal too!if he didnt approve the fund,who the hell was?
dat’s wat i always say,dis sleeping phucking idiot is having a big share for all corruptions!otherwise,how to bribe all the division umno heads to proceed his nomination as president again for another term?anyway,he was turned-down by najis and muhydin later!

By: OrangRojak

OrangRojak — Sun, 23 Nov 2008 23:53:57 +0000

I would have thought one of the next few questions, since PwhC have found the dead body, is to discover “whodunnit”. Is an audit now under way? Will the results be made public?

By: Kathy

Kathy — Sun, 23 Nov 2008 23:12:08 +0000

The Tourism Ministry should give a full statement on what Pempena group of companies should be contributing to the ministry, who are its board of directors (what they are suppose to be contributing to the organisation), etc….. Merely explaining that the ventures under its organization are not bearing fruits as it was suppose to be do not cut it.

I for one wants to know CMF has contributed as Executive Chairman of Pempena. To receive RM10K a month is alot of money in doing nothing at all. No business plan to help Malaysia grow? If not, she should just leave and return all the monies that she has taken thus far.