‘Umno cavorting with robbers’


Why should Umno claim ownership of possible corrupt practices?

Umno stands for cavorting with today’s robber barons – the Anandas, the YTLS, The Berjayas, the Genting Lims, all of whom are friends of former Umno president-cum Prime Minsiter Tun Dr Mahathir Mohamad.

Mohd Ariff Sabri Aziz, Free Malaysia Today

Umno is fast becoming a dirty four-letter word. When someone criticizes the scandalous payments to Independent Power Producers (IPPs), it’s considered as attacks on Umno.

Umno, admittedly now, supports dubious arrangements to pay the IPPs horrendous prices when the same can be produced cheaper by TNB.

Umno stands for cavorting with today’s robber barons – the Anandas, the YTLS, The Berjayas, the Genting Lims, all of whom are friends of former Umno president-cum Prime Minsiter Tun Dr Mahathir Mohamad.

Mahathir isn’t infallible, you know.

Why should Umno claim ownership of malpractices or possible corrupt practices? They should disown, not own up.

This kind of stupidity will cost Umno dearly in later years.

Umno should NOT view attacks on policies and on issues of public concerns as attacks against the Malays or a Malay government.

Perkasa doesn’t speak for the Malays. It’s not the only voice. Ibrahim Ali is no more Malay than I am or I am no less Malay than Ibrahim Ali.

Here is the problem with the IPP issue. People are questioning why the government finds it easy to withdraw subsidies from ordinary people and not IPPs.

This double standard raises concerns that the government is protecting the IPPs, which incidentally were created during Dr Mahathir’s watch.

Robber barons

People can argue, IPPS get subsidies so that they can charge the public lower otherwise we will have to pay higher rates.

But the real questions are: why are the IPPs being given preferential treat? Why are they being protected from price fluctuations?

And why did Tenaga Nasional Berhad and the government agree to the price and the “take or pay” conditions.

The robber barons are holding the government at ransom and Mahathir agreed to be squeezed by the balls.

Isn’t Tenaga capable of generating electricity at a much lower cost than the IPP’s (economy of scale, lower cost of capital, etc)

I read somewhere that some think-tankers say that subsidies cause IPPS to be inefficient.

But I think otherwise. It is Tenaga which has become inefficient. The IPPs cause Tenaga to operate at sub-optimal level.

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