To award a RM50 million project to a GN3 financial troubled company was bad enough. To lie and spin the story that it would cost the government and hence the tax-payers absolutely “nothing” to enjoy the un-necessary email facility was an insult to the peoples’ intelligence. To declare now that each email will actually cost RM0.50 each (or less) after much uproar by the netizens is an admission of daylight robbery endorsed by the government of the day.

After the controversial email project exploded, the stock jump more than 400% from about RM0.06 a share to more than RM0.30 a share. The GN3-status Tricubes was targetting 5.4 million subscribers and regardless whether you wish to get the so-called regular confidential secured email or encrypted email, the senders (which in this case are government agencies such as Traffic Police, Inland Revenue Board etc) would still be charged about RM0.50 per email.

If this is not the most brilliant proposal to rip off the tax-payers money, then Paris Hilton is still a virgin. To begin with, Tricubes doesn’t have to put a single penny upfront on this email project because the company was extremely lucky to have secured initial RM5.3 million funding (more to come?) from Malaysia Venture Capital Management Berhad (MAVCAP), a wholly owned Minister of Finance Inc. company which was allocated RM970 million (that’s public or tax-payers money dude).

How Tricubes arrived at the targetted 5.4 million email subscribers by year-end (2011) is still a mystery. According to TM’s 4Q-2010 financial results, the telekom company has a total of only 1.68 million Streamyx subscribers. However according to Internet World Stats, there’re 16.9 million internet users in June 2010, representing 64.6% of the population. So, could Tricubes’s ingenious email project attracts 30% of the internet users to subscribe to yet another email account, with another 8 months to go?

The major question is what if the response to the email subscription is poor, as reflected by the majority’s objection to such a wasteful project? Would Tricubes or rather the government agencies quietly (and secretly) create your email accounts as if you’ve agreed to subscribe to it and spam your mail-box with emails from government agencies and in the process pay Tricubes RM0.50 for each email? If you think about it, the whole theory of getting government agencies in sending you official emails is rather childish.

If you decline to subscribe the 1Malaysia MyEmail and the police summons can’t reach your mail-box (for example) does that means you don’t have to pay the summons because you can claim you’ve zero knowledge about it? Or it doesn’t matter because you still have summons in the police system database? If so, then the whole chain is back to the square one because the email from government agencies to you is as good as a normal Google, Yahoo or Hotmail email simply because it can’t compel you to act on it.

In other words, if the MyEmail project doesn’t make any differences, why should Tricubes be paid a whopping RM0.50 per email? Tricubes actually doesn’t care whether the Average-Joes agree to subscribe or not because it is dealing directly with its paymaster, the government agencies who are acting as the senders in this project. Once agreements (and there would be many) are signed between hundreds of government agencies and Tricubes, the shareholders of Tricubes can retire very rich indeed.

Comments (18)

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written by alacarte, April 29, 2011 14:03:39

If someone hijack the mail server and use the registered mail user ids on the server to send out hundred thousands spam mails, then what ? WAH, TRICUBES CHIAK BOH LIAU, we pay for the spams mail at RM 0.50 multiply by hundred thousands.

Quick, quick kick corrupt UMNO out.

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written by Don Corleone, April 29, 2011 05:47:23

Some UMNO crony is going to get a contract to sell bottled air (not water) to the rakyat. You see, we pay so much money to buy sophisticated air filters to clean polluted air, so there is a need for bottled clean air. Whether the people need it or not doesn't matter, we will get a mandate from the EPU to run pipes into people's homes, and then meter them. Each time they open the valves to get some much needed oxygen, we get some revenue. Oh, yes, there will be a minimum charge just like Indah Water.

So let's go ahead and attract all the dirty industries we can find - rare earth, aluminium smelters, manganese smelters. We also build all the dirty power stations that burn coal. The more polluted the air, the better are the prospects for clean bottled air. Anyone who wants to invest in this proposal ?

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written by myke, April 28, 2011 19:37:58

Somehow somewhere along the line tricubes might get the government to agree all government employees and GLCs must have an account.!!!

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written by longjaafar, April 28, 2011 15:54:16

The PM says the government is not going to pay for it, but at the same time he acknowledges that government agencies will pay for the services. First time I've heard that government agencies are not the government.

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written by JJFoo, April 28, 2011 12:05:05

One of the many ways those UMNOputras fleece the Rakyat.

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written by mob1900, April 28, 2011 10:42:16

Undilah Barisan Najis for more blatant daylight robbery.

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written by mick_err_stan, April 28, 2011 09:16:51

Basic amenities like water, electricity, transportation, education should be made affordable to the Rakyat. However the present government instead of making it affordable, they profit from it through their cronies.......SIAL BETUL !

1Malaysia email another project to siphon more money from the Rakyat.........yet the stupid still support this corrupt government and menyamok Ketuanan Melayu......even more SIAL BETUL !!!! If corruption can be stopped, Malaysia has the financial and resources to benefit all Malaysian. There no need for Perkasa to shout Ketuanan Melayu, as nobody will be left behind. The billions siphoned through corruption would have contributed to better health care, more universities, transport infrastructure..........yet some are blinded by their racist outlook and close their mind to corruption. Just go to show the level of intelligence to be so easily manipulated. Bodoh Sangat !!!!

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written by ViewAct, April 28, 2011 08:49:28

This is one reason you keep hearing the government saying about them paying subsidies for the benefit of the people... But why the need in the first place? It was for the enrichment of their own cronies... Then it will be debts for tens of year for the government, which literally means, debts to be paid by the Rakyat.

Bad decision by the government, rakyat bears the consequences. Like a gambling father who borrows from ah longs, and the children are harassed, and chased after to pay off the debts... WHY ARE WE STILL LETTING THEM GET VOTED IN????!!!

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written by freewilly2, April 28, 2011 05:20:12

mark as- phishing scam

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written by JustJobe, April 28, 2011 03:45:12

RM.50 per email?? Does that include each email i send?
Is it a charge for 1 email to many? i.e if is PDRM charged RM0.50 for sending 1 email to many, its still bad, but not as bad as me emailing my friend and then having the gomen steal RM0.50 of my tax money.
...Are we going to be paying good money for spam emails too?
wtf... it all stinks to high glory.

Funny thing is, most of us non-rural voters are aware of how cheap it is to tag on to existing email systems rather than re-invent the wheel... if anyone would be impressed, maybe the rural folks that they are going to peddle this "free-email-for-all" news to.
If thats the case, then it seems they have totally given up on non-rural support. lol.

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written by fireduck, April 27, 2011 23:02:39

And the most stupidest moronicest idioticest thing of this project is most of the emails will be filtered out as spam. I know I would set my spamguard to that as anything sent to me by mass mailing software will be marked as possible spam.

And what amount of effort does it take for Tricubes to send out 1,000 emails? How about 1 million? The same, which is nada, zip, zilch, zero! What additional jobs will they create? Also zero! Beacuse it will probably all be automated via a software program. And they still get to charge the stupid govt 50sen an email? Whose brain-dead idea is it to even consider funding them? ...... unless they are all in it together in this Skim Cepat Kaya.

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written by doitanyway, April 27, 2011 22:19:45

Are we the rakyat stupid????????

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written by educationist, April 27, 2011 21:11:12

Yes, the UMNOPutras have taken the rakyat to be fools.
But thanks of detailed analysis like the above, let's show them at the ballot box come GE13!!

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written by arazak, April 27, 2011 21:10:21

The husband-wife shareholder of the company are proxies of Jibby's sibling. They have no shame to rob the people and even their own government in which Jibby himself managed.

Another form of "legal" embezzlement?

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written by JEFFLIM118, April 27, 2011 21:00:04

This is the way how the BN/umno government is stealing the country's wealth. It sounds very pleasing by saying the service is free, Rakyats need not have to pay, but who pay? Oh! those government's agencies will pay, but where these agencies got their monies from? Oh! Oh! Rakyats taxes la, bodoh.
Rakyats voted BN and willing to be screwed by them. After swindling billions since 1970s, the government still shouting " NEP's QUOTA NOT FULFILLED YET. IT HAS TO PROCEED TILL 2020 ".
With these basturds enriching themselves with our country's wealth, only fools will believe NEP can be achieved.
However, it's not the faults of these basturds who stole the country's wealth. It is those brainless, dumb, blind, stupid voters surrender their rights to allow these basturds keep on koreh our monies.

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written by Eskay345, April 27, 2011 20:49:26

Now the Tri-Cubes CEO gets to dispose of his Gn-3 company shares hoovering at 6 sen for 30-35 sen. He would be laughing on his way to the bank. I bet some greedy investors would get their hands burnt.

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written by SiHangChai, April 27, 2011 19:37:56

This is what we called "Insider Trading" and manipulating of stock prices by rumours of the stupid email project. What is SC going to do on this CEO? TCubes share is dropping now, but he has happily made some money and awaiting to buy back the share at low price again later. happy UMNO days ahead.

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written by taxpayer, April 27, 2011 19:31:48

The Rakyat is a FOOL if they are still take Najis ,to be a honest PM , As far as he is concerned , INCREASING HIS BANK BALANCE WAS HIS 1MAI[N]L IDEA ! ! tHOSE WHO THOUGHT THEY ARE GETTING A 'GIFT' FROM THE PM , ARE REAL NAIVE ! ! ! NOTHING IS 'FREE ' IN THIS COUNTRY , EVERTHING A FILTHY POLITICIAN DOES, IN THE NAME OF 'CHARITY ' HAS A PRICE , WHICH IS PAID BY THE TAXPAYERS [ VICTIMS OF EVERY GOVT. PROJECT ]

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