Well done, Latheefa, for making public the revelations that have added some much-needed context and background to the kleptocratic government we had previously.
Some lawyers have expressed reservations about the process. And the MACC chief has also come under pressure from various quarters.
But I believe she has the solid backing from a large segment of the public who are disillusioned about the extent of corruption in the system.
Meanwhile, let’s not forget another threat before us – the talk that the public stake in PLUS, the country’s largest highway concessionaire, could now be sold to private interests.
Social reform group Aliran has come out strongly against the takeover:
Aliran is concerned about the possible sale of PLUS Malaysia Bhd, the largest highway operator in the country, to private interests.
At present, the government, through Khazanah, owns 51% of the firm, while the Employees Provident Fund (EPF) owns 49%. The highway tolls collected thus provides the government and workers with a substantial return.
So the highways should not be privatised as private companies will want to take over these assets at the lowest price while extracting as much profit from tolls as possible. Read the full statement here.