Monday, May 07, 2007

MayBank admit Bumi Ruling

MayBank admited that they had introduced regulations that required all their business partners to have minimum 50% Bumi control and have at least 3 Bumi partners.

The Bank said they are flexible and may consider to review that policy if necessary.

Why did the bank and another had to introduce such policy? Is it NEP or is it because they are owned by Khazanah and the government. Therefore, it could be imputed that it's a government policy.

Don't such policy require to comply to the constitution? Article 8 of the Federal Constitution which clearly states that all persons are equal and there should be no discrimination based on race.

Meanwhile, Samy Vellu said he had proof that Anwar did not help the Indians when he was DPM.

Why didn't he speak it out when Anwar was DPM? Was he afraid to do so at that time? Wasn't he afraid to speak out now too, against those discriminatory policies by the current power that is?

So, you can see, the MIC and MCA can also speak out about the bd policies of those who are no more in power.

Have Samy and Khairy joined gang?

3 comments:

Arena Green said...

It's not just the lawyers, Mave.

Even prof. engineers are subjected to this "bumi-rule" by certain bankers when it comes to carrying out building remedial works. There's much unspoken rules & regulations in this country.

Ms J said...

This race quota policy implemented by Maybank is yet another 'backdoor' measure to extended financial crutches to bumiputeras. In the long term, this mollycoddling will hurt the malays..we wont know how to survive in the freemarket, and will simply lose respect from other races.
Equal Opportunity should be a right to all citizens and not something to be applied through discretionary'reviews and appeals'.Our country is in a sad state of affairs...

Anonymous said...

Bank also wanted join the madness. Wonder what will be the outcome when the next economic downturn hits. Pray harder for bolehland.

No more maybank for me. Do spread the words around.