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5 comment(s). Last comment by EngineeringProfit 2 weeks ago
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
Subsidies are vanishing while cost of living is rising - A Call to Action for Malaysians
Ultimately, for the public to reclaim funds misused in these cases, there needs to be consistent pressure on relevant authorities to take action. Malaysians, by collectively raising their voices through petitions, attending town halls, or even engaging with representatives on the need for stronger laws, can help create a more transparent and responsible government system. With reforms and active citizen involvement, Malaysia can work towards minimizing future cases of public fund misuse.
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
The LCS scandal, which involved billions of ringgit for defense purposes, has been a major issue. The project was supposed to deliver six combat ships for the Royal Malaysian Navy, but as of the most recent reports, no ships have been fully completed.
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
Lessons learned? The NFC was supposed to reduce Malaysia’s dependency on imported beef, but the funds intended for this purpose were allegedly diverted for unrelated luxuries and investments, leading to public outrage. This case highlighted issues of governance and raised questions about how funds were distributed and monitored.
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
Why the small farmers continue to struggle? NAFAS (National Farmers’ Organisation)
NAFAS is supposed to support the agricultural sector and the livelihoods of farmers. However, allegations of financial irregularities and favoritism in the distribution of contracts have tarnished its reputation. The public has expressed a desire for more transparent management within NAFAS to ensure that funds reach small-scale farmers as intended.
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
Independent Oversight Committees, NOT internal audit; Independent bodies with oversight powers could monitor how public funds are used in high-profile or high-stakes projects, offering a check against the misuse of funds.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
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