'Oxford' Khairy is thinking Malaysians are STUPID!!!

Khairy Jamaluddin, MP for Rembau and UMNO Youth Chief today claimed that the Employees Provident Fund loan given for the purchase of unqualified borrowers of the government's Dewan Bandaraya housing scheme will be guaranteed by Putrajaya.

Although it is a noble cause and aspiration that homeless must own a home, the EPF is bound by its own laws and the EPF Board of Directors, as custodian, must ensure that contributors funds and profits are fully protected.

The claim that Putrajaya will guarantee the loans is really surprising since Putrajaya itself functions with taxpayers monies and being custodians of taxpayers monies, Putrajaya is accountable to the Malaysian public and not to repay debts incurred by others when it is fully known on the onset that it may result in default.

So, Khairy, an Oxford graduate should need to understand that Malaysians are no longer STUPID to 'buy' his story as reported.