List of Malaysia scandals

ARCHIVES 2013
By admin-s

List of Malaysia scandals include:

  • Malaysia Armed Force scandal[1]
  • Royal Malaysian Air Force
  • Malaysian Submarine Scandal [2]
  • Malaysian lock-up detainee abuse scandal
  • Baldgate
  • Scomi Precision Engineering nuclear scandal
  • Murder of Shaariibuugiin Altantuyaa
  • Royal Commission of Inquiry into the Lingam Video Clip
  • Tammy sex video scandal
  • S-Chips Scandals
  • Teoh Beng Hock

    • Carrian Group

    Excesses and wastages:

    1. The Bank Bumiputra twin scandals in the early 1980s saw US$1 billion (RM3.2 billion in 2008 ringgit)[3]
    2. The Maminco attempt to corner the world tin market in the 1980s is believed to have cost some US$500 million. (RM1.6 billion) [4]
    3. Betting in foreign exchange futures cost Bank Negara Malaysia RM30 billion in the 1990s. See Bank Negara Malaysia#Recent history
    4. Perwaja Steel resulted in losses of US$800 million (RM2.56 billion). Eric Chia, was charged with corruption for allegedly steering US$20 million (RM64 million) to a Hong Kong-based company[5]
    5. Use of RM10 billion public funds in the Valuecap Sdn. Bhd. operation to shore up the stock market [6]
    6. Banking scandal of RM700 million losses in Bank Islam, see Bank Islam Malaysia
    7. The sale of M.V. Agusta by Proton for one Euro making a loss of €75.99 million (RM 348 million)[7][8]
    8. Wang Ehsan from oil royalty on Terengganu RM7.4 billion from 2004 – 2007 [9]
    9. For the past 10 years since Philharmonic Orchestra was established, this orchestra has swallowed a total of RM500 million [10]
    10. The government has spent a total of RM3.2 billion in teaching Maths and Science in English over the past five years. Out of the amount, the government paid a whopping RM2.21 billion for the purchase of information and computer technology (ICT) equipments which it is unable to give a breakdown.[11]
    11. The commission paid for purchase of jets and submarines to two private companies Perimeker Sdn Bhd and IMT Defence Sdn Bhd amounted to RM910 million. [12]
    12. RM300 million to compensate Gerbang Perdana for the RM1.1 billion “Crooked Scenic Half-Bridge”[13]
    13. RM1.3 billion have been wasted building the white elephant Customs, Immigration and Quarantine (CIQ) facilities on cancellation of the Malaysia-Singapore scenic bridge [14]
    14. RM 100 million on renovation of Parliament building and leaks [15]
    15. National Astronaut Programme – RM 40 million, see Angkasawan program
    16. National Service Training Programme – yearly an estimate of RM 500 million [16]
    17. Eye on Malaysia – RM 30 million and another RM5.7 million of free ticket [17]
    18. RM 4.63 billion, ’soft-loan’ to PKFZ, see Port Klang Free Zone, [18][19]
    19. RM 2.4 million on indelible ink [20]
    20. Samy announced in September 2006 that the government paid compensation amounting to RM 38.5 billion to the highway companies. RM 380 million windfalls for 9 toll concessionaires earned solely from the toll hike in 2008 alone. [21][22]

     

    Read more at: http://list.wikia.com/wiki/List_of_Malaysia_scandals 

     



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