FMT - Private firms such as SilTerra to fund 3rd national car, says Mahathir (extracts):
KUALA LUMPUR: Private entities, such as SilTerra Malaysia Sdn Bhd, will fund the third national car project, Dr Mahathir Mohamad said today.
“We welcome the willingness by private entities such as SilTerra to lend their expertise in the new national car project.
“SilTerra is Khazanah’s sister company and it is capable of producing car components following its vast experience in making semiconductor chips for various industries for more than two decades,” he said.
Malaysiakini reported Mahathir as saying this in a parliamentary reply to Senator Chai Kim Sen, who asked whether the RM20 million grant for the project was to help GLCs such as SilTerra, which had recorded cumulative losses of RM7.3 billion for 10 years up to 2011.
Mafulat. I knew this would eff-ing happen.
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Private enterprise my blardy foot. What a eff-ing blardy lie.
FB matey Rama Murthi asked succinctly (edited for typos, etc):
WTF is this? SilTerra is subsidiary of Khazanah ... ok fine so far. BUT then Khazanah is a subsidiary of
ALL THE PEOPLE OF MALAYSIA ... So how the fark does SilTerra become a private enitity?
WTF is this? SilTerra is subsidiary of Khazanah ... ok fine so far. BUT then Khazanah is a subsidiary of
ALL THE PEOPLE OF MALAYSIA ... So how the fark does SilTerra become a private enitity?
And especially since according to the senator this "PRIVATE" entity has been recording LOSSES.
Come on lah, stop playing around with words.
STOP USING PUBLIC FUNDS FOR PRIVATE EGO ...
MANY OTHERS HAVE DIED ... WITHOUT ACHIEVING THEIR DREAMS... AND SOME HAVE ACHIEVED
THEIR DREAMS ... BUT USING THEIR GRAND FATHERS MONEY... NOT THE PUBLIC FUNDS.
MANY OTHERS HAVE DIED ... WITHOUT ACHIEVING THEIR DREAMS... AND SOME HAVE ACHIEVED
THEIR DREAMS ... BUT USING THEIR GRAND FATHERS MONEY... NOT THE PUBLIC FUNDS.
Who in the private sector would want to follow the fatal route of his Proton? Again he is resorting to our money to fulfil his obsession. Why doesn't he ask for some money from his billionaire sons? After all, Mokhzani loves cars, mind you, very very expensive ones.
You guppies voted for him - so speak up loud and clear on this BS-private enterprise financing Mahathir's Car No 3..
As for Finance Minister Lim Guan Eng, aiyoyo, I have lost hope in him. He wouldn't have the guts to tell Mahathir off on this mafulat bullshit.
And as for his Boe Hood Tok-Ayam father, does anyone believe he dares to speak out against Mahathir's frightening obsession on Car No 3? And what about the DAP?
Podah lah Lim Kit Siang!
