Hannah Yeoh’s *Reasons for cancellation of HSR, MRT 3 and other high cost projects*

I received this from someone:

Hannah Yeoh’s *Reasons for cancellation of HSR, MRT 3 and other high cost projects*

* Official reason*

1.  Stop the financial bleeding from over-inflated costs of these projects. 

*Main reasons*

2.  Stop the _BN cronies in their tracks.  These projects have many of BN parasite crony companies sucking the country dry_; from inflated prices of land to the supply of materials for these projects. 

Many of the _BN cronies will be trapped with the high costs of servicing the loans_ for acquiring these lands and supplies. With their wings clipped and their source of ill-gotten income curtailed, they have no way of servicing their loans.  With the new government behind the law, banks and other institutional lenders can bankrupt these cronies.

Many of these rent seekers cannot run companies.   _They only know how to spend money they did not earn_.   They are all running very scared.   They are _clamouring to unload_ their assets at bargain basement prices. 

*Karma is at work*.   They have no way to maintain their ill-gotten lifestyles.  We should let the banks bankrupt them by speeding up the legal processes. 

The BN cronies are now using social media to try to reverse the public opinion by sowing fear of the losses of cancelling these projects. 

Cancelling these projects are a huge loss to these BN cronies but a huge gain to the people of Malaysia.

*Make sure every Malaysians know about their social media ploy to instill fear in the public*.

Posted by Syed Akbar Ali