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Wednesday 16 May 2012

30% Bumi Equity Ownership


30% Bumi Equity Ownership                                                        10 May, 2012
          “30% Bumi equity ownership achievable by 2020—Minister”  (9 May, 2012  Wednesday  The Borneo Post).  Be honest to say that I really have no idea at all how our Bumi friends outside the circles of the BN leaders and the cronies can reach this 30% Bumi equity ownership.  It is something so blurred and intangible to 90% of our Bumi friends.  It is no doubt a very good camouflage to steal and steal and to take full advantage of this provision to the few who have the power and the access.  So we witness how our prime ministers, chief ministers, ministers, high ranking officers and related consortiums (XXXX4) prosper at the expense of the mass.  It is indeed smart of these leaders in the name of Bumis to gain full advantage for their own good and interest only.
          I am rest-assured to say that it is impossible X n times “30% Bumi equity ownership” to be achieved by 2020.  Actually it has been achieved many times over for the XXXX4 at the expenses of the mass.  Hence we witness the two extremes 10% very wealthy people against 40% very poor people.  Count and check the number of people who came for RM500 special aid to the poor. 
          It is very stupid of Najib to give money that way to cause so much rush and push for the poor.  Be more organised.  If he really has the heart for the poor, he should improve the lots of the poor systematically.  Besides special aids to the poor, he should improve the road system and other basic infrastructures everywhere properly, Sarawak and Sabah especially.  We have been colonised by the Federal government too long.  We people in the two states really see this partnership a curse and worse than that of British colonialism.
          We people have witnessed enough how the allocation funds have been hijacked by the BN leaders and the cronies since time immemorial.  Money laundering in hundred billions is recorded annually.   Who are the culprits?   We people  at least 70% know much.
          9 million is said to have gone missing in Sarawak headed by Taib Mahmud, the chief minister who is also the state finance minister.  The ministers from PR tried to bring the matter up in the state assembly but were gagged to do so. 
          Now One billion has been allocated for the Bumiputra Entrepreneurs Trust Fund.  We hope this money will really reach the eligible ones.  It will not be hijacked by Taib Mahmud and his cronies.  
          I cannot figure out how much RM 1 billion.  I wonder if the money is in RM100 notes to be put in A4 paper box, how many A4 paper boxes there are.  If we stack them up  5 boxes in height and 10 boxes across, how many kilometres it will run up to.   These XXXX4s always seem to engage in  transaction involving millions or billions. 
          Please do not use the name of Malays or Bumiputras to engage in the business of embezzlement and swindling.   Be prepared to abandon the provision of 30% Bumi equity ownership as it is just too elusive and unrealistic to attain for the 90% of the Bumis.  Translate this 30% equity ownership into the tangible products like improving the road system, better medical services, electricity and water supply, education facilities and the like for all.   It is better not to divide the people in this way.  Practise the true spirit of democracy for the good of all.  We have done enough experiments on economic development based on races.  Majority of people like me do not believe this trick to upkeep the status.
          Believe me, it is through education and skill development of every individual to win in life.  Abandon the myth that Bumis can be helped in that way when majority of the people including the Bumis do not believe this trick anymore.   In the 13th general election, we people will tell you what we want.

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