Corruption

Mengapa Projek RM 84.3 Juta Ibupejabat MPSP Dibuat Tanpa Tender Terbuka

1 Comment / Corruption, Penang / By

Dalam skendal kehilangan rizab MPSP sebanyak RM 223.7 juta dalam tempoh masa 9 tahun, bekas ahli EXCO Kerajaan Tempatan Datuk Dr Teng Hock Nan mesti jelaskan mengapa projek pembinaan ibupejabat MPSP sebanyak RM 84.3 juta dibuat tanpa tender terbuka dan satu sistem penghawa dingin diberikan kepada Aseania Linear District Cooling System Sdn. Bhd dengan kos …

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The Public Shall Judge Whether MPSP’s Expenditures Benefited Public Interest.

4 Comments / Corruption, Economy, Penang / By

Details of Seberang Perai Municipal Council’s (MPSP) shocking RM 223.7 million losses in reserve funds over nine years from 2000 to 2008 are revealed together with significant development expenditures. The public shall judge whether such expenditures benefited public interest or is just another sad example of BN’s cronyism, mismanagement and money politics. From an accumulated …

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Malayan Banking Bhd May Have to Make Higher Loan Provisions Of Up To RM 5 Billon

Leave a Comment / Corruption, Economy / By

Maybank may have to make a higher loan provisions of up to RM 5 billion from the over-priced purchase of Pakistan’s MCB Bank and BII and not only the RM 242 million for its investments in MCB. Maybank had paid RM 10.8 billion to purchase two distressed foreign banks at twice their present value – …

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