Saturday, August 13, 2011

Tajuddin settlement proof political patronage alive and well

Tajuddin settlement proof political patronage alive and well, says Pakatan
By Shannon Teoh August 11, 2011

KUALA LUMPUR, Aug 11 —Pakatan Rakyat (PR) has flayed Putrajaya’s decision to drop all claims against Tan Sri Tajuddin Ramli, calling it proof that Barisan Nasional (BN) is resorting to political patronage to fund its war chest ahead of the next general election.
Opposition lawmakers said the out-of-court settlement was a “scratch-your-back, you-scratch-mine” deal that would allow the former chairman of Malaysia Airlines (MAS) to further reduce an initial RM1.8 billion owed to state-owned debt restructuring firm Danaharta.


DAP publicity chief Tony Pua also said that “this shows that political patronage is alive and well in the country.”

“This sounds the death knell of Datuk Seri Najib Razak’s New Economic Model and Economic Transformation Programme when the prime minister can allow cronies to get away at the expense of public interest,” the Petaling Jaya Utara MP said.

He added that as 37 other parties were told to drop suits against Tajuddin, a poster boy of the Mahathir-era policy to raise Malay corporate captains on government largesse, total funds including interest lost to the public could be in the tens of billions.

The Malaysian Insider reported today that Putrajaya has directed all government-linked companies, including MAS and Danaharta, to cease all civil suits against Tajuddin.

For the full article on The Malaysian Insider, click here.


Anonymous said...

The issue is why is Najib's administration bothering to work THIS out at this moment when his own very job is under threat?

It smells of the scheming back-room dealing that is the hallmark of his adminstration from day 1 when he stole the Perak govt, and all the stuff with Scorpene and Altantuya..

Anonymous said...

This rich cowboy with many great horses running around his big big mansion ranch just talked to a few guys in govt and all suits dropped. I owed telekom a miserable rm200 outstanding now ballooning to rm1,500 compounded interest + legal letters costs is hunted down like an animal with monthly different legal firm's demand letter which also charged to my account, no negotiation whatever and blacklisted my name.

Anonymous said...

Part of the money already 'paid as commission' to Mahathir & spent on his son's election. The rest partly 'paid back' to 'suppliers' of MAS who charged rocket-high to supply food catering & maintenance of MAS aircraft. These people sponsor UMNO elections, so the 'family' must close rank and settle behind close doors. People screwed, as usual. So let's sue them and get back every penny owed to the treasury!

Anonymous said...

Why drop all civil suits against him? He has committed CBT and should be hauled to the court.He stole my money(being a tax payer) and that MAS is owned by the govt.
This is how UMNO pampered their race so much so that those that are chosen to manage govt companies wrongly can go free without punishment.