KHAZANA "LOSES" RM18.0 BILLION "ONLY"
TENAGA NASIONAL "LOSES" RM1.5BILLION "ONLY"
IN 1992 WHEN THE FAMILY DAY BUDGET OVERRAN BY RM320, I GOT A STINKER OF A MEMO FROM MY MANAGING DIRECTOR. I MADE GOOD THE DIFFERENCE BUT I GOT REIMBURSED THE AMOUNT WHEN THE MD FOUND OUT THE REASON FOR THE OVER-RUN.
TENAGA NASIONAL "LOSES" RM1.5BILLION "ONLY"
IN 1992 WHEN THE FAMILY DAY BUDGET OVERRAN BY RM320, I GOT A STINKER OF A MEMO FROM MY MANAGING DIRECTOR. I MADE GOOD THE DIFFERENCE BUT I GOT REIMBURSED THE AMOUNT WHEN THE MD FOUND OUT THE REASON FOR THE OVER-RUN.
+++++
ANY IDEA WHAT WILL HAPPEN TO BOTH CHIEFS?
THE MOST DECENT THING THEY COULD DO IS HIDE SOMEWHERE.
IN JAPAN, CORPORATE CHIEFS DO THE HONORABLE THING -
SEPUKU
BUT THIS BEING BOLEHLAND
IF YOU COULD GET AWAY WITH EVEN MURDER
WHAT IS A FEW BILLION RINGGIT.
NEXT WEEK, EVERYTHING WILL BE FORGOTTEN
AND THEY WILL LIVE HAPPILY EVER AFTER.
Shame. Where will they find such a word in UMNO dictionary. How do they penalize the culprits, when each and everyone of them have shit on their faces. The entire party is rotten to the core.
ReplyDeleteAn overused car, when reaches the end of its life, what would you do?
Send it to the wreck yard and be done with. It is time, to replace it with a new car.
In Bolehland, we face with the same problem, time for change!
I cannot understand how TNB can chalk up so much losses when it is a monopoly and recently increased electricity tariffs. Unless someone need to plunder for one last time before the run.
ReplyDeletewhat a shitty company with an asshole for a md. imagine getting screw for rm320. are u still working your arse out there
ReplyDeleteThat's right. To qualify to be a GLC CEO, one has to subscribe to the 'Ketuanan Melayu' racist concept and lose at least $1 billion while leading a monopoly where you normally could not lose a cent even if you sleep on the job all the time!
ReplyDeleteThey will not tell you that the real problem is the 45% of Tenaga's cost goes to pay the gaji buta IPP's whose electricty no one needs or uses, for which you have to congratulate Maha Firaun the First. This IPP reserve will increase to over 50% with the completion of Bunkum Dam and a new one in which the Negeri Sembilan Royalty have a substantial stake.
That completes the rape and plunder of Tenaga by croneys. And there are people who will still vote for BN, UMNO, MCA and MIC. What a scandal and what a great shame!!
http://donplaypuks.blogspot.com
Yeah, a bunch of incompetent shameless handicaps. This is another fine result of UNMO's NEP. The called it the social agreement. They give themselves the right to lose our money and we cannot do anything about it. We must sacked all of them. We must kick them out.
ReplyDeleteEver notice how drunk people get really angry & go into serious denial when you tell them they're drunk? Same goes for the pathologically insane - tell a mad person he/she is crazy & they'll flip their lid! Anyone who's neither drunk nor crazy would just laugh & say something like, "I wish I was!"
ReplyDeleteNow you know why these Umno types get all hot under their collar & mutter "May 13" whenever anyone calls them "corrupt," "incompetent" or "stupid."
Of all the different types of people, the shameless type is the most disgusting and you don't know what to do with them.
ReplyDeleteMalaysia is probably the only country in the world that rewards stupidity, idiocy, bigotry. Here meritocracy is a dirty word. Here special privileges is the mantra. Here you get away with murder. Here you can lose billions and still get promoted. Here Umno gangsters and goons get away with anything. Malaysia Boleh.
ReplyDeleteMalaysia must be bankrupt first before people will learn. BN/UMNO must be allowed to completely drain the country until everybody suffers so badly - and I mean mass unemployment, and hunger, so that they will learn.
ReplyDeleteI say let them carry on with their rotten ways. It will only accerate their demise. The writing is on the wall. Let the rakyat know every bit of details on how they poured our money down the drain.
ReplyDeleteAlibaba
pariah md, blaming everyone & everything xcept themselves for the losses.
ReplyDeletetake one good look at them, all are fucking crooks.
go eat shit & die.
Obama respond to Tun Mamak open letter to him:
ReplyDelete"To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect.
To those leaders around the globe who seek to sow conflict, or blame their society's ills on the West — know that your people will judge you on what you can build, not what you destroy.
To those who cling to power through corruption and deceit and the silencing of dissent, know that you are on the wrong side of history; but that we will extend a hand if you are willing to unclench your fist."
LOL! Muah! Ha! Ha!, Padam muka si melayu celup!
I believe these people are capable to run such companies, only honesty is not applied.
ReplyDeleteInept. In other countries, these CEOs would resign in shame
ReplyDeleteAnon 12:30AM. No the MD is a very good MD. One of the best I ever worked for. A budget is a budget. As a professional we need to be budget conscious. I thought it unnecessary that for RM320, I would not want an associate to be involved. It was when another Director found out what caused the over-run that the MD called me in, reimbursed me. I was generously rewarded during appraisal with a very fat raise.
ReplyDeleteIts a wonder that all the GLCs are still afloat with all these cronies CEOs running them. These people knows no shame. Malaysia Boleh!
ReplyDeleteCollectively we Malaysians are the most taxed lot. We pay highest price for lowest quality stuff eg rice, medicine in GH,etc. We are taxed a few times over when we own a car to drive.. All these so the corrupt UMNO cronies can live luxurious lives. Praying 5 times a day and fighting for Islam doesnt means a thing when one is corrupt!
ReplyDeleteangela ooi
18 % 1.5 BILLIONS ...WOW WOW WOW !?
ReplyDelete10% of that pegi mana ah !!!???