Today's Sin Chew newspaper carries the article “Anti-corruption agency SPRM stated that the leakages for government allocation is up to 40%”.
If we take the federal budget of RM280 Billion in 2018 and deduct those 50% (RM140 Billion) fixed expenses such as emoluments, debt servicing, pensions and obligatory payments to state government, the amount of leakages is up to RM RM140x 40%=RM56 Billion.
We just need to reduce leakages to 10% (this is still high by any standard), we would have saved RM42 Billion which is enough to offset the GST revenue.
As you know, the GST is affecting all Malaysians especially the poor people. The poor will be affected badly.
The best way to prevent corruption is to follow the World Bank system.
As we all know, the BN Government has been giving out large contracts and concessions without calling competitive tenders. For examples the toll roads the cost of which is so much inflated that all the road users have to pay higher toll. It is also unreasonable that when the road needed widening to accommodate the increased traffic volume, road users have to pay higher toll or the Government has to lengthen the toll collection period.
No one knows when the concessionaire will stop toll collections.
The number of tenderers is important. A corrupt Official can invite only a few contractors who are known to him to submit tender. The few contractors can easily collude among themselves to fix the tender prices with some provision for bribing the corrupt official.
I am not a politician but I know politics is very important because it affects all the people. When you pay road toll, you must bear in mind that you are being cheated by the BN Government because they gave out these concessions without calling competitive tenders.
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