Post on Sep.30, 2009
UPDATED: see below
—————————
Bank Bumiputra 3.2 Billion
Maminco attempt to corner the world tin market in 1980’s 1.6 Billion
Betting in Foreign Exchange cost Bank Negara in 1990’s 30 Billion
Perwaja Steel resulted in losses 2.56 Billion
Valuecap Sdn Bhd – operation to shore up stock market with public funds 10 Billion
Bank Islam banking scandal – losses 700 Million
Sale of M.V. Agusta by Proton for One Euro making a loss of : 348 Million
Wang Ehsan from Trengganu Oil Royalty – 2004 -2007 7.4 Billion
Philharmonic Orchestra – since it estabalished has swallowed: 500 Million
Advisors Fees per year:-
Mahathir 180,000.00
Sahrizat 406,726.00
Abdul Hamid Othman (religious) 549,675.00
Teaching Maths and Science in English over the past five years 3.2 Billion
Of this money 2.21 Billion spent on purchase of Information and computer Technology – no breakdown.
Commission paid: Perimekar and IMT Defence Sdn. Bhd. 910,000.00
Compensation Gerbang Perdana for “Crooked Scenic Half-Bridge 1.1 Billion
CIQ Building – wasted building – cancellation of the above bridge 1.3 Billion
Renovation of Parliament building and leaks 100 Million
National Astronaut Programme 40 Million
National Service Training. Yearly estimate is approximately 500 Million
Eye on Malaysia 30 Million
Free tickets – Eye on Malaysia 5.7 million.
Soft Loan to PKFZ 4.63 Billion
Indelible Ink – Election Commission 2.4 Million.
Compensation to 20 highway co. announced by Samy Velu in Sept 2006 38.5 Billion
Windfall for 9 toll concessionaries soley from toll hikes in 2008 alone: 380 Million
Timber export kickbacks involving companies belonging to Sarawak Chief Minister & Family 32 Million
Bailout of Malaysian Airlines System 7.9 Billion
MAS buying painting for Office (Munir) 1.55Million
Putra Transport system bailout 4.486Billion
Star LRT bailout 192.54 Million
National Sewerage System bailout 192.54 Million
Seremban-Port Dickson Highway bailout 142 Million
Kuching Prison bailout 135 Million
Kajian Makanan & Gunaan OrangIslam 8.3 Million
Le Tour Langkawi bailout 3.5 Million
Now lets not forget the failed:-
-E-Village project = Malaysia’s over ambitious attempt to become the new Hollywood…sheeeah right!
-RAKAN MUDA = ironically set-up to deal with teenage social ill issues in the country that started with ‘Boh-sias’ and ‘Boh-jans’ and over Lepaking’ in the mid 1990’s. And the best part…Sports Ministry still allocates budget for Rakan Muda EVERY YEAR since it was ‘established’… hmmmm…
-SKY DIVING by Putera UMNO ‘Mat Rempits’ into the North Pole = classic example of UMNO stupidity just to prove that Malaysian or ‘Malays’ are BRAVE…when they actually prove to the WORLD that we’re STUPID!