I can't help myself but to blog this.... I see a financial scandal soon. Yes I'm blogging about the Port Klang Free Zone (PKFZ) RM4.6 billion 'bailout'. Interestingly the government had approved a loan to the Port Klang Authority and that the details of the loans are being ironed out. I wonder in this situation is this a soft loan or a bailout utilising the rakyat money.
The loan to the Port Klang Authority in my opinion tantamount to a bailout of the highest scandal after BMF. I now doubt our PM pledge during his 2004 general election manifesto to curb corruption and to boost transparency and battle financial mismanagement in mega-projects. Looks like Malaysians all over are fooled by the pious character of Mr Clean.
Enough is enough, please stop your ways.
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