Govt diverts crucial funds to build car prototype
THE THIRD FORCE
So the government cancels transportation projects that have the potential of galvanising growth but forks out RM20 million to build prototypes for a car model that’s not needed?
What sort of economics is this?
Here you are, diverting grants made up of government funds to invest in something that is bound to fail like proton, and there we have, Chinese state-owned banks, willing to bankroll cash-cow projects that Mahathir mysteriously cancelled.
Who’s doing the planning here – Guan Eng or Daim?
Why not divert the RM20 million to the needy fishermen instead?