The headlines screamed:
“MALAYSIA SECURES PROJECTS WORTH RM10 BILLION IN BANGLDESH’
And you know why it was screaming because that thambi Samy the Velu was the one who secured the whopping RM10 billion! Okay…now read some more….
Kuala Lumpur and Bangladesh inked a Memorandum of Understanding (MOU) to facilitate the implementation of the projects here last night.
Opps its not secured yet! They are just inking a Memorandum of Undertsanding.
A memorandum of understanding (MOU) is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement.
Dey thambi…no LOI (Letter of Intent)…no LOA (Letter of Award) …just an MOU! How can you say you have secured RM10 billion worth of projects….ini tipu ni!
Anyway I have said my piece...if you want some laughs go read the following story from Bernama!