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Friday, 25 June 2010

Maika Holdings: 66,459 poor Indians become poorer. UMNO’s Value Cap with RM 10 Billion allocation refuses to bail out poor Indians.

maika holdings logo
(See Starbiz 23/6/10 at page B3)
Value cap could easily pay out RM 2.6 billion at RM 26.00 for RM 1.00 investment 26 years ago.
But UMNO has easily bailed out Malay muslim renong, Perwaja Steel, Bank Bumi, Bank Rakyat and Bumi, Bank Rakyat and even paid out RM 3 Billion to Malaysian Chinese Multi Purpose Holdings.
But who speaks against UMNO’s Value Cap for these 66,459 poor and powerless Indians? PKR? DAP? PAS? Malaysiakini.com? NGOs’? Indian elite?
P. Uthayakumar

maika

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