The 700 MHz issue
YTL does not have the expertise nor does it have the RM8 billion. It will borrow from banks with its letter of recommendation from Min of Finance and roll that money elsewhere and then delay, ask for an extension, borrow more money and then launch the service...much like its 4G-Yes service. Why can't we have fair open tenders so that companies from abroad with their expertise can jv with local companies and share knowledge can help in building this infrastructure? Most GLC like Khazanah, TM, Syabas, etc are already employing unqualified Malays thru' their abang/adik networks, so you can forget about hiring expertise or stopping the brain drain. No qualified experts will be willing to work under these so-called VPs and Senior VPs who can't even string a proper sentence in English much less provide the needed technical expertise. The most YTL can do is to give out their contracts to a foreign company or hire Mat Sallehs at inflated salaries to keep the facade of a professional network provider.. 28 November 2010 01:57 To put up the infra (towers, etc) to link up the whole semenanjung with a 700 MHz wireless internet service will cost abt RM 250 mil to RM 300 mil only. Speed not as fast as wimax. But can do some 1Mbps - so much faster than streamyx. If YTL or Govt says it'll cost many RM billions to do the infra...it's bullshit. The 700 to 800 MHz for just a state or two in the US was auctioned off for some USD 29 billion a few years ago. They're really beach-front properties. 700 to 800 MHz were previously meant for analogue TV channels and public safety channels - like police, ambulance, etc. If YTL really got the spectrum for a song - then it would be the biggest scandal in the history of the nusantara. Suharto's misdeeds wd look like a mere spate of shopliftings in comparison. I found the above two comments from two anonymous commentators. They were written in as responses to my very short article on the award of the 700 Mhz spectrum to YTL. There is something stinking about the way MCMC awarded this 5 year head start to YTL. I don't want to turn this issue into a racial thing. But I am most certain those MCMC people deciding on the award are Malay executives and we know who YTL are. The bigger issue here is we have been looking at the wrong causes for the lopsided distribution of income. Everyone has created a ruckus about Malays owning 30% of this country's wealth, but they forget that is collusion like what MCMC is doing with the likes of YTL is the single most important cause enabling the 35% controlling and owning 80% of the nation's wealth. The sadder truth is, this state of affairs is facilitated by people with authority entrusted to implement justiciable government policies. Or even sadder, the policies were faulty in the very beginning because the politicians and law makers were mentally defective. Here is a real mental block. We have quarreled and got worked up over the wrong reasons. We have looked at the wrong question. Thus, we have asked and fought everyone on the issue of 30% ownership of this country's wealth. The group that is fighting for the 30 % share constitutes some 65 % of this country. And they have achieved only about 20%. Putting it more graphically it's like stating 7 persons share 2 loafs of bread. The question, which is the bigger one that we have overlooked, is who has been cornering 70% of our wealth? It must be the balance 35%. Doesn't matter who they are, yellow, brown or black. Comparing apple to apple it's like saying 4 persons gobble up 8 loafs of bread. Each gets to eat more than 1 loaf or even 2 loafs, while over the other side; each gets to eat not even half a loaf. What has accounted for this anomaly? Maybe its politics. Maybe it's the system. Whichever is the cause, the 35% are more united by their unending desire to have more and more. So, maybe all this while, this 35% group sponsors havoc and disturbances so that our focus is to quarrel on who gets the 30%. We can't even let the 8 people get half a loaf, yet we still damn this group asking for 30% of the wealth. Very often I have heard the arguments that a certain racial group is given the opportunities and business deals because they deserved the award. Also, because they have the intelligence, the experience, the money and the wherewithal. Well, the two above comments at the beginning of this article expose the bull.
17 comments:
Dato',
They dare to do all these things because they think the public will never know, and even if the public knows what can they do? Should they be cornered the powers that be can always say they are making some money for UMNO to finance the next election.
Thanks to you, at least the public get to know about it.
Pak Tua.
There's a report that Rais Yatim son got a fat contract on this project. As usual, it's all about feeding the cronies first. So what's new?
After reading your article especially this one,don't you get it Dato, you are sitting on the wrong side of the fence. You talk so much about UMNO when you know it's rotten to the core. There is no way you can REFORM UMNO. As you said earlier, the Govt should not bail out cronies just to save their 'ass' and hopefully think that the Govt's action can also save the company. You also agree that this is wrong. The company should look after it's own problems and settle it through the right ways.They should be doing austerity drive to save their asses but no they go running to the govt.
The same theory applies to UMNO, the party you think is the only hope for the Malays. That's bullshit and you know it. There are a handful of elite Malays in UMNO,who,for the purpose of their own survival are using the Malay race as their triumph card. Why try to save a party that doesn't care for the rakyat. Sincerely, you tell us the rakyat what policies are in place set by your present UMNO that will ensure that the rakyat will live happily ever after. The policies set by your UMNO thus far has created more problems for the rakyat. The value of Ringgit has deprieciated over the last 50 years, the price of every essential item has increased day by day over the past 50 years and the rakyat is forced to pay for every damn thing, so much so the traffic offenders are getting their car's 'black listed' just for simple traffic offences that ought to be tried in courts for judgement but instead the executives of the law are passing sentences without trial. The list goes on and on.....This UMNO govt doesn't give a damn to the law of the country let alone honour the laws that are enacted by themselves.
I am about to vomit. I shall stop here.
Dato' Sak. I salute you Dato'! This is vital information to rakyat bypass the party interest. You place RAKYAT interest above your party. How many UMNO members having this civic consious like you? If more UMNo leaders like you and TRH, UMNO can survive longer. Unfortunately UMNO is getting weaker,but fortunately PKR is following suit for almost the problems.
Dato Sak is hard wired to umno so don't hope for him to ditch umno.
what i fear is one day umno shoguns will say, ok sak has done enough damage... lets shove as much money down his throat as he can swallow and shut him up.
well, sak is an umno man...he may succumb to this temptation but i PRAY not.and i pray he continues to show the hedious underbelly of umno/bn....
we know it's all about kickbacks and largesse, but what we do to end all this 'bull'?
Dato,
I am sick of these issues, mana dia rakyat diutamakan n pencapaian didahulukan. We want fair distribution of the nation wealth. Where are the politician who supposed to act fairly???
Dato,
They must be fantastic businessmen. As implied (against bidding value), this may be the best deal of this decade (in Malaysia). Was it not YTL Power that secured the deal of the 90's with their IPP deal. History repeats.
Dato,
Spot on. However your point "the group that is fighting for the 30 % share constitutes some 65 % of this country" is more like 63 % place hope on the 1-2% which the public called them elitist.
The 63% have been mislead many times to believe the 2% really acted to protect their interest and worst where the indigenous people in the brink being second class citizen. The 63% are perceived to be incompetence, corrupt, weak even by the 1-2% which suppose to represent their voices.
Dato'
I think you are barking at the wrong tree.
The tree you should be barking at should be those giant ones. There although you may see the tree as yellow, actually it is brown on the inside and party yellow.
So monies that changed hands did not go to the yellow people as you can so obvious barking at, but rather a big chunks(God knows how much) go to the brown people.
When you talked about people still barking at the 30%, these are outside those kind of trees. These are non reserved trees of everyday ordinary kind.
Do you seriously think the general Chinese population is going to benefit by YTL owned by Chinese? Just as Indians are complaining about their plight , you see Ananda's face around? No right?
The 30% thing if you do not realise, is totally unsustainable because no one wants to work themselves (not the tycoons) flat and give away no matter what race you are. So it is natural that you see reactions in their own level like working elsewhere.
The way to achieve the 30% or even 67% is flawed and will not work. this is the gist of the unhappiness. The world does not work that way... anywhere.
You want the cake ...work for it. If unable, get the govt to help to make you able to work for it. The fishing rod way rather than the fish way.
If you understand what I am trying to say , it is good for all.
Don't think we are glad to hear YTL gets it instead of another Ali company or Muthu company. To all these big businesses are getting all our money ... the easy way and for heaven's sake dont think all the money goes to Ah Chong.
This is the way the country is run. Many like Quiet Despair loves it. People like us, say , who cares , lets tango.
Dear Sakmongkol,
“What has accounted for this anomaly? Maybe it’s politics. Maybe it's the system”.
This phenomenon of 65% of the people eating half a loaf and the 35% eating two is the outcome of both bad politics and an even worse system of government. These two issues have been debated ad nauseam in your blog. But let’s relook at a crucial issue that resulted in these disproportionate meals.
We should disabuse those who believe that some sections of our society has been having a lesser share of the cake because they have been deprived or robbed by those who have more than their “fair share”. No, the 35% did not control the government or had the power to dispense licences to themselves to deny the 65% of opportunities. The truth is that the licences were given by those who came from the 65% group to those in the smaller group. Was this based on merit, or was there some sort of bribery, or was there some sort of Ali-Baba business going on? It was a bit of the second, and mostly of the third category.
Why was that so? Because under the NEP the non-Malays found it hard to get licences in many businesses that required them. So they entered into “win-win” arrangements. The Malays set up Bumi-status companies with non-Malay funding and management backing, and after a few short years they sell out to the non-Malays for a quick buck. Were the non-Malays exploitative and greedy, or were the Malays lazy and risk-adverse? The Malays and the non-Malays will give different answers to that same question.
But what is important to understand is this: the political system allowed this to happen. Licences were not given based on merit, but based on race and connections. The influential, politically connected Malays (called UMNOputras) had the ability to get licences, but since this is easy to do, and to make a fast buck, why the need to work hard and take risks? This is clever in the short term but stupid in the long term. Perhaps the key to this is the fact that those entrusted to issue licences consider that there is no personal cost to issuing licences – they don’t own them, so giving away what you don’t own has no cost or personal loss; indeed through the Ali-Baba arrangement there is everything to gain personally – just make sure that you never lose political power.
Gatekeepers are melayu...so u said in an earlier post.If Melayu buat proposal gatekeepers very smart at rejecting.If it gets through opposition field day harping on bumi privileges.
The big beneficiaries are the anandas,gamudas.setia.ytl...they are the true bumiputras of Msia.
We are the pendatangs.
Melayu Sedar
The thing is that most of the umno thinks in Malay.When someone thinks in Malays that's when these thing creep in..the greed, righteousness. Well dato Sak is a "liberal umno" if l may add to the already list of liberators as of liberal malays, chinese and so forth. He writes and thinks in English and it make a difference and his blogs is getting many hits especially from the non malays and the english educated malays. The thing is that many umno members including many of those in power cannot express themselves even in Malays needless to say in english.
Mind you... that 30% government portion is for the bumis i.e malays. What about the rest of the 60% which are all in the hands of the non Malays.Malays no go .
Tahniah, Dato. Keep it up.
We have a very serious leadership problem right from the PM himself.
Thanks to the Bloggers, we shall expose them bit by bit. We shall not stop until we overhaul the swystem starting from the Cabinet.
Nak senang cerita, bayangkan kita dalam satu bas atau kapalterbang, tetapi pemandu mabuk... adakah kita patut berdiam diri?
Amal Makruf, Nahi Mungkar.
The Plumber.
Dato.. YTL is not Francis Yeoh's just as Astro and Maxis is not Ananda's. Ask the pro in the streets and they will tell you all the big Tycoons like Vincent Lim, Ananda and Francis Yeoh are just proxy for the Man.. TUN DR.M Why don't you cut the crap and bullshit saying the chinese this and chinese that. The sad truth is Tun don't trust the average malay to have the brain to run his Empire. Look at those man like Halim Saad, Tajudin Ramli etc etc.. the CEOs of all the Big GLCs Ask yourself this. ARE THEY PERFORMING??? They are all seat warmers...
Dato. you said "I found the above two comments from two anonymous commentators. They were written in as responses to my very short article on the award of the 700 Mhz spectrum to YTL. There is something stinking about the way MCMC awarded this 5 year head start to YTL.
I don't want to turn this issue into a racial thing. But I am most certain those MCMC people deciding on the award are Malay executives and we know who YTL are."
I have to correct you. The master mind in MCMC in this case is a chinese who about to reach the retirement phase. Those malay execs are just doing their job asked by the superiors.
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