Vendors making fat profits at Petronas’ – and our – expense

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Some Petronas vendors are earning margins of up to 48 per cent, laments the Petronas CEO. That is of course at the public expense.

Check out this report in the The Edge.

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kleesant

We have heads of GLCs and Depts and even ministers “lamenting”, “requesting” and “suggesting”. Who is this meant for? At the policy level, if they are facing the intolerable, they should dissociate themselves.

henson

Rakyat’s asset Petronas has poor accountability track record.

Millions being deployed with (public) Asset to search MH370 aircraft some would say better to be spent on living beings in need of food and healthcare ?

charleskiwi

Now the blame on the high price of the Proton is on the vendors, what would they think of next except that the car is a Mitsubishi reject ….