tag:blogger.com,1999:blog-37045477.post6319835735701192005..comments2023-10-15T21:42:27.426+08:00Comments on Philosophy Politics Economics: EPF To Acquire PLUS: Robbing Peter To Pay Paul?Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-37045477.post-59340158013046261772010-10-19T14:46:32.228+08:002010-10-19T14:46:32.228+08:00Eh, EPF seem to be quite rich to be investing here...Eh, EPF seem to be quite rich to be investing here and there or rather rescuing all these half baked ventures. So, will EPF make good returns from this investment? That is my money in there you know!!Piggysnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-71746441764761092662010-10-17T21:33:16.633+08:002010-10-17T21:33:16.633+08:00i concur with wee tak that $$$ that goes from epf ...i concur with wee tak that $$$ that goes from epf to uem goes directly into umno coffers as umno owns uem/renong, which have been pretty dry after losing the cash cow states of penang and selangor. umno needs this money to "buy" ge13.marcus63noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-51624452648444966812010-10-15T21:14:29.467+08:002010-10-15T21:14:29.467+08:00the salient point of the disposal is generate imme...the salient point of the disposal is generate immediate huge cash inflow into some one's pockets and given the rumour of a snap GE ... put 1 and 2 together will give one a Bart Simpson evil smile expression<br /><br />I agree, remove the unfair clauses but I have a more radical approach. Keep the darn contract intact until Pakatan takes over. Then review thoroughly the agreement, audit the darn companies, and nationalise the highways if there is any serious fundamental breach of terms and conditions.<br /><br />Otherwise, set up that unfair public contract commission as per the brilliant 2010 aleternate budget and work towards something for all Malaysians....Lee Wee Takhttps://www.blogger.com/profile/07642184470249251353noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-74669268584163696952010-10-15T16:16:52.313+08:002010-10-15T16:16:52.313+08:00I disagreed. The sanctity of a contract shall alw...I disagreed. The sanctity of a contract shall always be respected. We can't just renegotiate unilaterally unless there is element of fraud, which in any case will be near impossible to prove. The government may be incompetent or stupid but that's not a ground for appeal. The government can however renegotiate if the other parties agreed to it, hence the buyout. This is possibly the fastest way to get out of the quagmire of one-sided agreement. Let it be done first, then push for greater transparency on rate adjustment mechanism and operation of the company post buyout. Push also for the establishment of parliamentary committee to review and approve any future public-private deal of significance public interest. The real fight shall always be before signing of the contract.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-75590326533856539152010-10-15T14:13:31.896+08:002010-10-15T14:13:31.896+08:00I agree with you YB.
If EPF can guarantee that th...I agree with you YB.<br /><br />If EPF can guarantee that there will be no further toll increases in the near future, then it might yet be a good deal for the rakyat. But at the current moment, IMHO I dont see that happening. <br /><br />Disappointing.Erichttps://www.blogger.com/profile/13143245163790894265noreply@blogger.com