In the report, Terence outline how the GLCs are used as a tool for government to empower politicians and allow them to fund their political activities.
Assisted by a team, Terence outlined the GLCs at the Federal and state levels and why politicians were appointed to some of the organisations that were used as a tool to grow their influence and power base.
“Economic wealth transforms to political influence,” said Terence.
On another matter, Terence described Muhammed Abdul Khalid, the newly appointed economic adviser to Prime Minister Tun Dr Mahathir Mohamad as a person whose work was very much targeted for the poor.
He said it would be interesting to see Khalid work alongside Dr Mahathir who he described as a pro-business leader.
“Khalid’s knows the issues and it will be interesting to see him work alongside Dr Mahathir,” said Terence
Khalid is the brother-in-law of former Finance Minister Tun Daim Zainuddin, who has been appointed by Dr Mahathir to head the Council of Eminent Persons (CEP). The council was initially set up to assist the government to achieve its election pledges within the first 100 days.
Dr Mahathir had said that it would continue to function in assisting him.
https://www.thestar.com.my/business/business-news/2018/08/28/look-at-all-poor-malaysians-not-the-bumis-only-says-terence/
Created by savemalaysia | Jul 24, 2024
Created by savemalaysia | Jul 24, 2024
Created by savemalaysia | Jul 24, 2024
Created by savemalaysia | Jul 24, 2024
Created by savemalaysia | Jul 24, 2024
Created by savemalaysia | Jul 24, 2024
Created by savemalaysia | Jul 24, 2024
Fortune Bull
Kelantan, Terreganu, Sabah and Sarawak are oil producing states, yet they are the poorest states with highest muslims and bumis popuation! Irony is Mahathir made chinese majority states very rich like Penang, Perak, Selangor and Johor!
2018-08-28 16:40