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Wednesday, 18 August 2010

NEP and how they got-rich-quick

While Umno and MCA enjoy a public spat and put up a wayang for the rest of us, Zaid Ibrahim has a story on how the NEP was put to use to fabulously enrich a coterie of well-connected individuals.
Najib’s brother Nazir Razak noted the NEP had become bastardised, but Zaid writes: “What he (Nazir) doesn’t say explicitly is that the NEP, which was set up with noble aims of eradicating poverty irrespective of race, has become a system that is opaque, corrupt, non-accountable and highly secretive.”
Check out Zaid’s fascinating blog entry here to find out how a few familiar names made it big, thanks to the NEP. Now that’s the real 1Malaysia for you – all very muhibbah among the political and business elites as they get-rich-quick, while the ordinary, struggling rakyat are manipulated into squabbling about racial and religious issues in a highly polarised environment.
Also, have a look at the response from Mahathir’s nephew, regarding the Berjaya Sports Toto privatisation in HarakahDaily here.
Meanwhile, the credibility of the so-called “Chinese leaders” of MCA and Gerakan has sunk to unimaginable depths, as more and more Malaysians come to terms with the ugly truths of race-based politics. The Malaysian Insider story here.

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