I know. U know. UMNO make don't know..!!!

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 Orang Islam...8.3 Million


Le Tour Langkawi bailout...3.5 Million


Others:

AP’s scandal have been going on year after year for more then thirty years involving a total mind boggling sum of tens of billions of Ringgits.

Alienation of tens of thousands of hectares of commercial land and forestry concessions to children and relatives of Barisan National leaders and Ministers worth tens of billions of Ringgits.

Travel around Malaysia and see for yourself how many white elephants like majestic arches, roads paved with fanciful bricks, designer lamp posts, clock towers, Municipal buildings that look like Istanas, extravagant places of worships, refurbishment of residences of VIP’s, abandoned or under-utilized government sports complexes and buildings etc etc. The combined costs of all these will easily amount to the hundreds of billions of Ringgits.

Since 1997, Petronas has handed out a staggering 30 Billion Ringgit in natural gas subsides to IPPs who are already making massive profits. In addition there were much wastages and forward trading of Petronas oil in the 1990’s based on the low price of oil then. The accounts of Petronas are for the eyes of the Prime Minster only we have absolutely no idea of the amount!


comments

UMNO still make don't know & talk nonsense. The claim is we still got tons of reserves in US dollars. If not pump more oil & tax the rakyat more. Built more highways & more tolls, easy money. Then, put everything under OSA and live happily ever after. A huge waste of money project is the so call national service -- but some UMNO fellas are making good money from supplying food, uniforms etc.

The same ideals in this national service are easily achieve in the school education system. Wasting,losing & pocketing money is actually part of doing business UMNO style. To lose money is OK, then charge to govt. If make money, goes to pocket so whats the difference, semua jadi kaya. Ever heard of any heads rolling yet from the govt. in such lossess? Mana ada. So, korek lagi lah sebab semua OK. I am just sick of such bailouts, wanton lossess & mismanagement. Surely the overall picture tells us we don't have any capable ministers in this govt and this we need to address in any by-election & coming GE13 by putting in a new govt that is accountable.

Please add.

1. Repair of MRR2 cracked bridge
2. Bakun Dam Project - Compensation to Ekran
3. UEM/Renong bailout
4. Time dotCom bailout
5. Sime Bank Bailout
6. Konsortium Perkapalan Bhd bailout
7. KUB bailout