After Burning RM640 Million Pemandu Is Now Privatised To Idris Jala The Moron ! ! WHAT ! ! ! !

Here is something that appeared in Malaysian Insight  -       

https://www.themalaysianinsight.com/s/2009/?utm_source=dlvr.it&utm_medium=facebook

Pemandu: A half a billion colossal failure
 
on track towards becoming a high-income nation? 
Idris Jala claimed we were on track
just 15% off the mark to be alongside South Korea, Germany, France, S'pore

we are not on track
Pemandu has failed

assertion is at odds with data

Our gross national income (GNI) per capita declining

BNM says GNI per capita fell 15% to US$8,821 in 2016
far from US$15,000 Pemandu benchmarked 

currency weakened 42% against US$ between 2011 and 2016
Last year depreciated 4.5%, year before a whopping 23%. 

2015 - 2016 Ringgit dropped 14% against Philippine peso
15% against Thai baht, 16% against rupiah

economy grew lower rate than Pemandu’s 6% per year 
2011 - 2015 growth rates slightly above 5%

unlikely economy expand > 6% to cover shortfall in next three years

Growth declining trend - 6% in 2014, 5% in 2015, 4.2% in 2016. 
ADB expects less than 5% in next two years
can forget 6% proclaimed by Idris Jala

dividend announced for ASB in 2016 lowest ever recorded
much lower compared to 1997, 1998 financial crisis


3.3 million low-income jobs created 

EPU says skilled workers declined, 27.6% in 2010 to 25.5% in 2014

low-productivity jobs pushed up low-skilled workers 
9.5% to 15% of employment during same period.

where are investments that created 3.3 million high income jobs ?
we don't create enough high-income jobs.

BNM : "challenge attracting high-quality investments, high-paying, high skilled jobs”

slowdown eliminating existing pool of high-skill workers
HR Ministry shows in 2015, 1 in 2 of retrenched is skilled worker 

Youth unemployment creeping up
2015 youth unemployment 10.7%, 10.2% in 2010

graduate unemployment rate higher at 15.3% 
compared with youth without tertiary education (9.8%)

BNM : “high youth and graduate unemployment 
job creation focused on low and mid-skilled jobs

54% of graduates earn less RM2,000 a month

2015 EPU data show half of workers earn less than RM1,600 per month. 
Kelantan and Sabah,  RM1,200 and RM1,100, respectively. 
1 in 2 workers in KL earns less than RM2,200 per month. 

Govt Transformation Plan – fighting corruption and cost of living.

(CPI) in February highest since November 2008

FAMA : price of beef jumped 90%, (santan) 100%, chicken by 15%
2 years price of spices increased y 16%, seafood 15%, coconut 10%

Pemandu reducing corruption? Total catastrophe!
We are falling down the ranking
not a word  from Pemandu  on biggest kleptocracy case
despite media all over world carrying this shameful story

Pemandu has failed miserably despite consuming RM639.5million

> half a billion ringgit right down the drain. 
director of Pemandu earn RM50,000 a month 
associate director – RM32,000
senior managers earn RM21,000 monthly

Pemandu transformed into Pemandu Associates Sdn Bhd few months ago
a private company co-owned by CEO and president Idris Jala
In other words, it was privatised. 

they have steady inflow of government jobs.
govt to engage Pemandu Associates for consultancy services 
RM15 million to host recent 2017 global transformation forum

few words that come to mind to describe the above 
abuse of power, corrupt practises – traitor.

must hold them accountable for all their actions

My comments :   Folks, they do not even try to hide the stealing. Just steal the money in broad daylight.  

Folks, they are standing on your shoulders and pissing on  your heads folks.  
That warm feeling on your face  is not sunshine. 
Its their pissing on your head.
And you are not doing anything about this? 


RM640 Million paid to the consultants ??  Now the privatised Pemandu is getting paid tens of millions for "consultany services' ! !

And nothing has been achieved for the RM640 Million all these years. Nothing at all.

The GDP growth is   shrinking, the GNI is shrinking, unemployment is increasing.

Graduate unemployment is increasing faster than non-graduate unemployment.

Lets see. Ha ha ha.