Archive for November 20th, 2011

Would Muhyiddin have said in 2006 that it was legally, morally and ethically proper for NFC to use 2%-interest RM250 million soft-loan to buy condos?

Posted by Kit in Auditor-General Report, Corruption, Good Governance, Parliament on Sunday, 20 November 2011

Deputy Prime Minister Tan Sri Muhyiddin Yassin has said that it was up to the public whether they wanted to accept the explanation given for the National Feedlot Corporation’s (NFC) “cattle condo” scandal.

Saying that the government “already knows the facts”, Muhyiddin had this to say after the NFC executive chairman Datuk Seri Dr. Mohamad Salleh Ismail had broken his three-week silence on the “cattle condo” scandal:

“We will leave that to the people to decide whether to accept the NFC’s explanation or not because the NFC has explained each issue that has surfaced.

“For us, the government, we know the truth. We don’t buy stories made up by the Opposition.”

Muhyiddin cannot be more wrong. Read the rest of this entry »

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Something is rotten in the state of Malaysia

Posted by Kit in Auditor-General Report, Corruption, Good Governance on Sunday, 20 November 2011

— CL Tang
The Malaysian Insider
Nov 19, 2011

NOV 19 — The line “Something is rotten in the state of Denmark”, expressed by Marcellus to Hamlet, was in response to the former’s disgust at the moral decay and political corruption in the little kingdom.

In Malaysia, even as the foul stench of the National Feedlot Corporation’s (NFC) financial shenanigans permeates throughout the country, our leaders fail to smell anything fishy, leading to the question: “Do our leaders have any ounce of ethics left?”

This NFC fiasco has all the ingredients of cronyism, nepotism, corruption, incompetence and fraud.

Yet, there is no Marcellus in our government who thought it stank. Read the rest of this entry »

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