Saturday, May 29, 2004

"PUT MoUs INTO EFFECT," SAYS PAK-LAH


The Star, Page 2, 29th. May 2004 Posted by Hello


Pak Lah has directed Malaysian Companies who have signed Memorandums of Understanding (MoUs)with their Chinese partners to put them into effect. "All parties must carry out all the points of agreement they have entered into (the MoU)," says Pak Lah. "If they do not, it will not be good for their business and the reputation of business opportunities both in Malaysia and China," Pak Lah reiterated.

Ironically, this message is against the very principle applied by the Government of Malaysia in direct reference to the Double-Track Railway project which the Government had agreed to award by way of a Letter of Intent issued to China Railway (CREC)and Indian Railway (IRCON) consortium; and later in October 30th. 2003, the Government nullified the LOI by awarding the project to MMC-Gamuda.


26th. October 2003, The Star Posted by Hello

On the 26th October 2003, Datuk Chan Kong Choy, the then Deputy Transport Minister had claim that the Letter Of Intent (LOI) was not binding.(I'm not sure whether Datuk Chan knows what he's talking about and I'm surprised that he should comment on a legal aspect when the then Minister in the PM Department (legal affairs) Rais Yatim had kept silent (the AG had also being silent on the same matter).

On the 11th. December 2003, the Government announced the postponement of the Double-Track project due to lack of funds. Then, why award the project on 30th. October which is only 41 days earlier, & then have to backtrack? Is it that Mahathir doesn't know the Government don't have the money(Mahathir was then the Finance Minister too)?
Or, Is it because of Mahathir had errorneously awarded the contract to MMC-Gamuda (becasue he was misled by Syed Mokhtar and his legal advisors pertaining to the validity and contractual elements of an LOI)
Now Pak Lah is directing all businessment to honor MoUs when the Government has set the precedent to dishonor such agreement.

CAKAP TAK SERUPA BIKIN!!!!!!!!!.

"DO AS I TOLD YOU TO DO, NOT WHAT I DO."
"WHAT I TOLD YOU TO DO, DO IT; WHAT I DO, THE PRINCIPLE DOES NOT APPLY IN THIS CASE."
- IS THIS THE NEW IDEOLOGY FOR ALL MALAYSIANS????
I HAVE ALWAYS THOUGHT THAT THIS IDEOLOGY IS ONLY PREACHED & PRACTICED BY GEORGE BUSH........

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