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	<title>Comments on: Lack of transparency in RM628 million Matrade expo centre deal for 65 acres of prime land in KL for Naza TTDI  with GDV of RM15 billion could further plunge Malaysia’s competitiveness and corruption perception rankings next year</title>
	<atom:link href="http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/</link>
	<description>for Malaysia</description>
	<lastBuildDate>Sun, 12 Feb 2012 13:28:18 +0000</lastBuildDate>
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		<title>By: CSKUEH</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198541</link>
		<dc:creator>CSKUEH</dc:creator>
		<pubDate>Thu, 26 Nov 2009 02:23:26 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198541</guid>
		<description>rule of law #47, &quot;VOTE wisely in GE 12.&quot; or do you mean the coming GE13?</description>
		<content:encoded><![CDATA[<p>rule of law #47, &#8220;VOTE wisely in GE 12.&#8221; or do you mean the coming GE13?</p>
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	<item>
		<title>By: rule of law</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198511</link>
		<dc:creator>rule of law</dc:creator>
		<pubDate>Wed, 25 Nov 2009 13:45:20 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198511</guid>
		<description>To ALL MALAYSIANS irregardless of race or religion:

WAKE UP and do something if you do not want your grandchildren to become MAIDS in 10 – 20 years time.

Its REAL looking at the ways this country’s RAKYAT wealth is plundered. Our competitive advantage is doing down the drain, the rule of LAW is no better than a THIRD world country.

VOTE wisely in GE 12.

Already the signs of Najib and BN cronies are raping the country dry before their fall in GE 12 !</description>
		<content:encoded><![CDATA[<p>To ALL MALAYSIANS irregardless of race or religion:</p>
<p>WAKE UP and do something if you do not want your grandchildren to become MAIDS in 10 – 20 years time.</p>
<p>Its REAL looking at the ways this country’s RAKYAT wealth is plundered. Our competitive advantage is doing down the drain, the rule of LAW is no better than a THIRD world country.</p>
<p>VOTE wisely in GE 12.</p>
<p>Already the signs of Najib and BN cronies are raping the country dry before their fall in GE 12 !</p>
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	<item>
		<title>By: vsp</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198510</link>
		<dc:creator>vsp</dc:creator>
		<pubDate>Wed, 25 Nov 2009 13:08:01 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198510</guid>
		<description>correction: you (not he) will understand the character of this man.</description>
		<content:encoded><![CDATA[<p>correction: you (not he) will understand the character of this man.</p>
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	<item>
		<title>By: vsp</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198509</link>
		<dc:creator>vsp</dc:creator>
		<pubDate>Wed, 25 Nov 2009 13:05:20 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198509</guid>
		<description>Look out for a forthcoming book by Barry Wain: Malaysian Maverick: Mahathir Mohamad in Turbulent Times. I had a small part in the preparation of this book 6 months ago.

In this book you will discover why this maverick acted as he did and cultivated many enemies because of certain inferior complexes and perceived slights nursed by him when he was a nobody. When he became the PM he exacted out his revenge to the full on these perceived enemies.

Read this insightful book and he will understand the character of this man.</description>
		<content:encoded><![CDATA[<p>Look out for a forthcoming book by Barry Wain: Malaysian Maverick: Mahathir Mohamad in Turbulent Times. I had a small part in the preparation of this book 6 months ago.</p>
<p>In this book you will discover why this maverick acted as he did and cultivated many enemies because of certain inferior complexes and perceived slights nursed by him when he was a nobody. When he became the PM he exacted out his revenge to the full on these perceived enemies.</p>
<p>Read this insightful book and he will understand the character of this man.</p>
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		<title>By: ENDANGERED HORNBILL</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198501</link>
		<dc:creator>ENDANGERED HORNBILL</dc:creator>
		<pubDate>Wed, 25 Nov 2009 10:16:39 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198501</guid>
		<description>STOP NPRESS: &quot;Mahathir squandered RM100 bil, says new book&quot;.

Watch out for the release of this new book by Barry Wain, former editor of Asian Wall Street Journal, published by Palgrave Macmillan. I think this is going to sell like hot cakes. All that&#039;s been happening for the last 30 years will happen in the next 30 years unless Najib and UMNO gang are voted out!</description>
		<content:encoded><![CDATA[<p>STOP NPRESS: &#8220;Mahathir squandered RM100 bil, says new book&#8221;.</p>
<p>Watch out for the release of this new book by Barry Wain, former editor of Asian Wall Street Journal, published by Palgrave Macmillan. I think this is going to sell like hot cakes. All that&#8217;s been happening for the last 30 years will happen in the next 30 years unless Najib and UMNO gang are voted out!</p>
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		<title>By: Winston</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198500</link>
		<dc:creator>Winston</dc:creator>
		<pubDate>Wed, 25 Nov 2009 10:10:36 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198500</guid>
		<description>Malay girls also make good au pairs!</description>
		<content:encoded><![CDATA[<p>Malay girls also make good au pairs!</p>
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		<title>By: boh-liao</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198497</link>
		<dc:creator>boh-liao</dc:creator>
		<pubDate>Wed, 25 Nov 2009 09:43:04 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198497</guid>
		<description>Don&#039;t laugh at n look down upon Malaysians who work as maid or nurse overseas
Their take home salaries may be more than a professor at one of our public universities
Already Malaysians working as teachers in de little red dot may be paid more than our prof n taxed less</description>
		<content:encoded><![CDATA[<p>Don&#8217;t laugh at n look down upon Malaysians who work as maid or nurse overseas<br />
Their take home salaries may be more than a professor at one of our public universities<br />
Already Malaysians working as teachers in de little red dot may be paid more than our prof n taxed less</p>
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		<title>By: yhsiew</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198496</link>
		<dc:creator>yhsiew</dc:creator>
		<pubDate>Wed, 25 Nov 2009 09:22:42 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198496</guid>
		<description>Two of my friends (both degree holders) in their 40s and 50s just migrated to Canada two months ago.  Never mind whether NEP or not NEP, they had &quot;no eye to see&quot; - tired of it and off they went!

How true Lim Tze Cheng&#039;s argument is - Malaysia is a training ground of human resource for foreign countries.</description>
		<content:encoded><![CDATA[<p>Two of my friends (both degree holders) in their 40s and 50s just migrated to Canada two months ago.  Never mind whether NEP or not NEP, they had &#8220;no eye to see&#8221; &#8211; tired of it and off they went!</p>
<p>How true Lim Tze Cheng&#8217;s argument is &#8211; Malaysia is a training ground of human resource for foreign countries.</p>
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		<title>By: lkt-56</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198495</link>
		<dc:creator>lkt-56</dc:creator>
		<pubDate>Wed, 25 Nov 2009 09:00:07 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198495</guid>
		<description>It troubles me every time I read a political blog. It troubles me more to read and feel the energy of frustrations of the people who posted comments. PR should eradicate the culture of mixing politics with business as much as possible.

-Declaring assets of politicians is not effective as we know it.
-Religion will be effective to a certain extent but as we know, there exists a lot of religious fakes out there.

I wonder if Confucianism will be a good state ideology for Malaysia. Singapore seems to have adopted it quite well. I am aware it can be abused by a leader who is corrupted by power (power hungry) but what other altyernatives are there?</description>
		<content:encoded><![CDATA[<p>It troubles me every time I read a political blog. It troubles me more to read and feel the energy of frustrations of the people who posted comments. PR should eradicate the culture of mixing politics with business as much as possible.</p>
<p>-Declaring assets of politicians is not effective as we know it.<br />
-Religion will be effective to a certain extent but as we know, there exists a lot of religious fakes out there.</p>
<p>I wonder if Confucianism will be a good state ideology for Malaysia. Singapore seems to have adopted it quite well. I am aware it can be abused by a leader who is corrupted by power (power hungry) but what other altyernatives are there?</p>
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		<title>By: gofortruth</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198494</link>
		<dc:creator>gofortruth</dc:creator>
		<pubDate>Wed, 25 Nov 2009 07:27:52 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198494</guid>
		<description>“I give it a 70 per cent chance that Malaysia will be exporting maids in 20 years. I wouldn’t be surprised if that happens unless we get our act together,” he said.
-------------------------
No need to wait 20 years la, there are loads of them now in Paris &amp; London all without long stay visa !!!!!!!!!! 
The fact is that there are multitude of not so bright &amp; poor Chinese living in villages. Where do you expect them to go except working as maids (female) &amp; hard labourers (male) in other more advance countries. Anyone dares to make a count on such a workforce helping to build our neighbour Singapore???</description>
		<content:encoded><![CDATA[<p>“I give it a 70 per cent chance that Malaysia will be exporting maids in 20 years. I wouldn’t be surprised if that happens unless we get our act together,” he said.<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
No need to wait 20 years la, there are loads of them now in Paris &amp; London all without long stay visa !!!!!!!!!!<br />
The fact is that there are multitude of not so bright &amp; poor Chinese living in villages. Where do you expect them to go except working as maids (female) &amp; hard labourers (male) in other more advance countries. Anyone dares to make a count on such a workforce helping to build our neighbour Singapore???</p>
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		<title>By: AhPek</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198493</link>
		<dc:creator>AhPek</dc:creator>
		<pubDate>Wed, 25 Nov 2009 07:15:19 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198493</guid>
		<description>OrangRojak,
                 If that link you have given is meant for our UMNOPUTRA you are wasting your time and effort.Where gotUMNOPUTRAS want to be Robin Hood one! They only steal for themselves and that&#039;s why they never tire of stealing one.</description>
		<content:encoded><![CDATA[<p>OrangRojak,<br />
                 If that link you have given is meant for our UMNOPUTRA you are wasting your time and effort.Where gotUMNOPUTRAS want to be Robin Hood one! They only steal for themselves and that&#8217;s why they never tire of stealing one.</p>
]]></content:encoded>
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	<item>
		<title>By: boh-liao</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198491</link>
		<dc:creator>boh-liao</dc:creator>
		<pubDate>Wed, 25 Nov 2009 06:57:57 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198491</guid>
		<description>Ppl must accept that this is our style of business, dah takdir
As long as the nation is under BN&#039;s rule, which will continue 4 a long long time
Meanwhile, our RM drops like a stone compared to other currencies
Our population ballons to 30 million, 40 million
Our oil disappears, our export is &lt; our import
&lt;b&gt;And Malaysia’s next export: Maids, nurses, Ah Longs, etc&lt;/b&gt;
Ppl with survival instinct n some commonsense will work elsewhere
Where their efforts r rewarded with stronger currencies
Hey, folks, look after yourselves, BN certainly don&#039;t look after you</description>
		<content:encoded><![CDATA[<p>Ppl must accept that this is our style of business, dah takdir<br />
As long as the nation is under BN&#8217;s rule, which will continue 4 a long long time<br />
Meanwhile, our RM drops like a stone compared to other currencies<br />
Our population ballons to 30 million, 40 million<br />
Our oil disappears, our export is &lt; our import<br />
<b>And Malaysia’s next export: Maids, nurses, Ah Longs, etc</b><br />
Ppl with survival instinct n some commonsense will work elsewhere<br />
Where their efforts r rewarded with stronger currencies<br />
Hey, folks, look after yourselves, BN certainly don&#8217;t look after you</p>
]]></content:encoded>
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	<item>
		<title>By: OrangRojak</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198490</link>
		<dc:creator>OrangRojak</dc:creator>
		<pubDate>Wed, 25 Nov 2009 06:42:49 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198490</guid>
		<description>Corruption, German-style.
http://news.bbc.co.uk/2/hi/europe/8376532.stm</description>
		<content:encoded><![CDATA[<p>Corruption, German-style.<br />
<a href="http://news.bbc.co.uk/2/hi/europe/8376532.stm" rel="nofollow">http://news.bbc.co.uk/2/hi/europe/8376532.stm</a></p>
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		<title>By: taiking</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198488</link>
		<dc:creator>taiking</dc:creator>
		<pubDate>Wed, 25 Nov 2009 06:33:42 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198488</guid>
		<description>Net exporter of talents? Oh yes of course we are. And good thing too. Isnt that proof that we have progressed beautifully under umno? We now have too many talents. More than we need. So isnt it sensible for us to export them? And when they send money home every year by the billions that would be just wounderful.

... another perverted denial by umno.</description>
		<content:encoded><![CDATA[<p>Net exporter of talents? Oh yes of course we are. And good thing too. Isnt that proof that we have progressed beautifully under umno? We now have too many talents. More than we need. So isnt it sensible for us to export them? And when they send money home every year by the billions that would be just wounderful.</p>
<p>&#8230; another perverted denial by umno.</p>
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		<title>By: frankyapp</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198485</link>
		<dc:creator>frankyapp</dc:creator>
		<pubDate>Wed, 25 Nov 2009 05:29:37 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198485</guid>
		<description>Guys,please don&#039;t beat around the bushes,open tender means no take or commission for these umnoputras.As simple as abc.Hopefully the vast majority of the malay kampong folks would understand.Kasim amat,forget him.</description>
		<content:encoded><![CDATA[<p>Guys,please don&#8217;t beat around the bushes,open tender means no take or commission for these umnoputras.As simple as abc.Hopefully the vast majority of the malay kampong folks would understand.Kasim amat,forget him.</p>
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	<item>
		<title>By: ekompute</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198484</link>
		<dc:creator>ekompute</dc:creator>
		<pubDate>Wed, 25 Nov 2009 05:28:59 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198484</guid>
		<description>&quot;Lack of transparency in RM628 million Matrade expo centre deal for 65 acres of prime land in KL for Naza TTDI with GDV of RM15 billion could further plunge Malaysia’s competitiveness and corruption perception rankings next year.&quot;

This administration obviously lacks credibility. Cakap tak serupa bikin. Empty slogans. Key Performance Index like those of Transparency International will put them to shame, so they create their own KPI to deceive themselves and make them feel good with the passing mark set at a &quot;reasonable&quot; -10%.</description>
		<content:encoded><![CDATA[<p>&#8220;Lack of transparency in RM628 million Matrade expo centre deal for 65 acres of prime land in KL for Naza TTDI with GDV of RM15 billion could further plunge Malaysia’s competitiveness and corruption perception rankings next year.&#8221;</p>
<p>This administration obviously lacks credibility. Cakap tak serupa bikin. Empty slogans. Key Performance Index like those of Transparency International will put them to shame, so they create their own KPI to deceive themselves and make them feel good with the passing mark set at a &#8220;reasonable&#8221; -10%.</p>
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		<title>By: donplaypuks</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198483</link>
		<dc:creator>donplaypuks</dc:creator>
		<pubDate>Wed, 25 Nov 2009 05:26:48 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198483</guid>
		<description>YB

To expose this charade and fraud, DAP should use its contacts to get some local and international construction companies to give quotes for this so-called over-priced $625 million rip off convention centre project.

I bet that the true cost will be at least 20% cheaper i.e. savings of 125 million, in an open tender transparent procedure.

In any event, with convention centres at KLCC, PWTC, Putrajaya, Mines, Sime Darby and others, why does KL need another white elephant millions of $ loss making project? This Matrade CC project is very suspicious and probably designed to benefit UMNO/BN in an insidious manner.

More than that, the land is grossly underpriced. In an open tender. many will be ready to pay at least 20% more for prime land such as this!!

Strange is it not that every PM from UMNO/BN takes office with a pledge to institute open tender practices and then ignores it completely!!

The entire Naza project stinks to high heaven!!

Do something to stop it dead in its tracks now!! Perhaps DAP can file a police report that a directly negotiated project is ultra vires the Govt&#039;s SOP and Treasury Rules.

dpp
We are all of 1 race, the Human Race</description>
		<content:encoded><![CDATA[<p>YB</p>
<p>To expose this charade and fraud, DAP should use its contacts to get some local and international construction companies to give quotes for this so-called over-priced $625 million rip off convention centre project.</p>
<p>I bet that the true cost will be at least 20% cheaper i.e. savings of 125 million, in an open tender transparent procedure.</p>
<p>In any event, with convention centres at KLCC, PWTC, Putrajaya, Mines, Sime Darby and others, why does KL need another white elephant millions of $ loss making project? This Matrade CC project is very suspicious and probably designed to benefit UMNO/BN in an insidious manner.</p>
<p>More than that, the land is grossly underpriced. In an open tender. many will be ready to pay at least 20% more for prime land such as this!!</p>
<p>Strange is it not that every PM from UMNO/BN takes office with a pledge to institute open tender practices and then ignores it completely!!</p>
<p>The entire Naza project stinks to high heaven!!</p>
<p>Do something to stop it dead in its tracks now!! Perhaps DAP can file a police report that a directly negotiated project is ultra vires the Govt&#8217;s SOP and Treasury Rules.</p>
<p>dpp<br />
We are all of 1 race, the Human Race</p>
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		<title>By: Winston</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198482</link>
		<dc:creator>Winston</dc:creator>
		<pubDate>Wed, 25 Nov 2009 05:24:58 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198482</guid>
		<description>All of you can do something about the situation.
To all your friends, relatives, acquaintances etc tell them not to vote for UMNO/BN. Ever. 
That&#039;s at least one move that you can make; if you can think of others, do let us know.
It&#039;s also good to see that postings are up again in this blog.</description>
		<content:encoded><![CDATA[<p>All of you can do something about the situation.<br />
To all your friends, relatives, acquaintances etc tell them not to vote for UMNO/BN. Ever.<br />
That&#8217;s at least one move that you can make; if you can think of others, do let us know.<br />
It&#8217;s also good to see that postings are up again in this blog.</p>
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		<title>By: Bigjoe</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198478</link>
		<dc:creator>Bigjoe</dc:creator>
		<pubDate>Wed, 25 Nov 2009 04:45:14 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198478</guid>
		<description>Profit for GDV of RM15billion is about RM5 billion on average (can be higher if market moves up), in exchange for RM628million building..</description>
		<content:encoded><![CDATA[<p>Profit for GDV of RM15billion is about RM5 billion on average (can be higher if market moves up), in exchange for RM628million building..</p>
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		<title>By: i_love_malaysia</title>
		<link>http://blog.limkitsiang.com/2009/11/24/lack-of-transparency-in-rm628-million-matrade-expo-centre-for-65-acres-of-prime-land-in-kl-with-gdv-of-rm15-billion-could-further-plunge-in-malaysia%e2%80%99s-competitiveness-and-corruption-perception/comment-page-1/#comment-198477</link>
		<dc:creator>i_love_malaysia</dc:creator>
		<pubDate>Wed, 25 Nov 2009 04:36:32 +0000</pubDate>
		<guid isPermaLink="false">http://blog.limkitsiang.com/?p=6700#comment-198477</guid>
		<description>The Malaysian govt business model is to absorb the cost of buidings + bank loan + interest etc. by the Rakyat. 
Any thing is considered profit for the owner after minus the operating cost!!! If the operating cost is higher than the incomes, it will be breakeven for the owner, the losses will be bourned by the Rakyat!!!
The losses are write off as tuition fees in learning how to do business in Malaysia!!!</description>
		<content:encoded><![CDATA[<p>The Malaysian govt business model is to absorb the cost of buidings + bank loan + interest etc. by the Rakyat.<br />
Any thing is considered profit for the owner after minus the operating cost!!! If the operating cost is higher than the incomes, it will be breakeven for the owner, the losses will be bourned by the Rakyat!!!<br />
The losses are write off as tuition fees in learning how to do business in Malaysia!!!</p>
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