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Car No 3 - "privately" funded? Kerbau!

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From Sun Daily:



Darell Leiking made the annoncement, but 


he is PERSONALLY in charge 

CYBERJAYA: Innovative technology and solutions provider, DreamEDGE Sdn Bhd, has been chosen as the anchor company for the new national car project, Minister of International Trade and Industry Datuk Darell Leiking said.

DreamEDGE according to him, would receive support from Daihatsu Motor Company in advanced technology.

“The project will be fully privately funded but the company is eligible to apply for grants from the government,“ he told reporters in a briefing here today. — Bernama

What I and millions of Malaysians fear with the return of Mahathir has come true, to wit, Car No 3 and more waste of hundreds of millions if not billions of ringgit from public resources (taxpayers' money) a la Proton with the useless defunct auto-window.


If the project for Car No 3 is privately funded, why is Putrajaya involved in the selection of DreamEDGE Sdn Bhd as the anchor company for the project?

... Unless Atuk (and thus Pakatan government) is personally involved and remote-controlling the process.

And the most frightening part of Darell Leiking (MITI)'s announcement has been "but the company is eligible to apply for grants from the government" which will see the rotten ridiculous return of Mahathir's Proton-ish Kerbau and the pending waste of billions.

And I read that, despite Darell Leiking's statement that Car No 3 will be "privately" funded, Khazanah's subsidiary Silterra (all GLC and therefore not 'private' companies but owned by Malaysian public) would be contributing or financing said project to an initial tune of RM30 million.

If the SilTerra's subsidy/financing is confirmed,

***
see Star Online's Silterra poised to contribute to 3rd national car project, and

The Edge Market's Dr M says private entities like SilTerra will fund third national car project

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... then there is deep set deceit in the Kerbau offesive stench of the project being 'privately funded'.

Welcome back, and you're already truly at home, Mahathirism. And Lim KS and DAP are still sleeping or acting 'dunno'. Podah.




Lim Kit Siang - from hero to zero


 

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