(Anil Netto)The government is introducing new rules to plug serious abuses in the Approved Permit allocations for car imports.
I guess most of us will not be surprised by the scam that has been going on in the AP system. It’s all very muhibah, don’t you think? But not the best example of Malay-Chinese cooperation, unfortunately.
This excerpt from a Singapore Straits Times report:
The rules came about after a yet-to-be published government audit exposed serious irregularities.
The audit looked into the business practices of a small clique of well-connected Malay businessmen who received their AP allocations each year.
The audit revealed that a large number of the businessmen were hawking their import permits to mainly ethnic Chinese car dealers who dominate the country’s luxury vehicle dealerships, documents reviewed by The Straits Times show.
The government audit also revealed that many of the companies involved in the AP business were poorly managed, lacked adequate funding and in some extreme cases even forged government documents when importing luxury cars.
It was not clear whether action will be taken against them.
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