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Friday, 5 June 2015

Berita Daily : Will there be no end to this 1MBD lunacy?

Berita Daily

05/06/2015 08:30 AM
 
 
How can any responsible PM rob the rakyat by allowing the government he heads to sell expensive land at a cheap price to 1MDB and then allow the sale of that land to go towards paying off the RM42 billion debt
 
Hussein Hamid
 
 
Our nation's economy and our political system is a repository of toxic politicians whose sheer abuse and misuse of executive power whilst in government, state and federal, is breathtaking in its enormity.

How can any responsible prime minister rob the rakyat by allowing the government he heads to sell expensive land at a cheap price to 1MDB and then allow the sale of that land to go towards paying off the RM42 billion debt incurred by 1MDB for reasons that are still unclear and are at best, criminal in nature? At best this is robbing the rakyat of their assets. At worst a crime against our nation!

And how else is 1MDB going to be bailed out? Will Prime Minister's Najib's government instruct TNB to buy 1MBD's 3,951-megawatt power generation portfolio of power plants at exorbitant prices that will have Malaysian paying high electricity rates even as prices for coal and gas come down?

Even as this diabolical TNB scam is being perpetrated upon us all, this BN government is awarding the nation's biggest solar power plant proposed by Malaysia's Energy Commission and Sustainable Energy Development Authority (that would boost Malaysia's photovoltaic capacity by a massive 56%!) to 1MDB.

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