I fail to agree with Samy Vellu's assertion
that the 3% equity for the Indians had been on the
national agenda for a long time and that nothing had
been planned and implemented for the community.The
failure to reach that equity level lies not with the
govt but with the MIC leader which Samy leads.
The dilemma facing the marginalised indian
community will continue as long as they are led by the
current MIC leaders.For 25 years the indian community
have been led by these leaders and in many ways the
trust bestowed to them have been repeatedly betrayed.
The pitiful and marginalised position the
Indian community are enduring would not have occurred
had their leaders placed community above self, service
and sacrifice above greed.
Partly to blame for this current dilemma are
the Indian community generally and the MIC members
specifically.Like the proverbial sheep been led to the
slaughter house, they had faithfully placed their
trust to these same leaders who had deemed fit to
plunder the wealth meant for the poor and destitute in
the Indian community.
During Dr. Mahathir's reign, a man not known
for his generosity, a few million Tenaga Nasional Bhd
newly Public listed shares were allocated to Maika,
the investment arm of MIC.The shares ostensibly for
Maika would indirectly benefit the many rural Indians
in estates and other low category jobs if equity in
the form of unit trust shares were taken up by the
community.MIC members went on a frantic campaign to
encourage the poor Indians from the rural areas to
Invest in Maika for a slice of the economic cake.It
was like manna from heaven and the poor uneducated
Indians got the bait together with the hook line and
sinker.They ploughed their hard earned savings meant
for their children's education in Maika shares with a
promise of a return many fold their original
investment.The TNB shares never reached
Maika.Somewhere along the way to Maika the TNB shares
were hijacked to another entity.
Subsequently ,Maika shares went into a tail-
spin and wiped off millions from its value.The
hard-earned savings of thousand of poor Indian
investors were left clinging to the valueless Maika
shares.The extent and untold hardship and misery this
episode had on the Indian community can never be
measured in monetary terms.In many poor Indian
households, the dreams and aspirations of young
ambitious children were destroyed forever.Today, we
see jobless, uneducated Indians whose only option is
to turn to a life of crime in order to survive.The
govt. has not opened its door in the civil service for
them and the private sector will continue to remain
elusive for the unqualified.
The plight and fate of the Indian community
will continue to remain bleak and diminish if it
places its faith in the same MIC leaders which had
hoodwinked them for the last 20 years.They have no one
else to blame but themselves if they persists in
choosing the same faces in the MIC leadership which
have brought them nothing but despair and
despondency.Through the present MIC leadership, the
Indians are now a marginalised community. Only the
Indian community can make a change for the better,
failing which they will have to endure another 20
years of destitution.
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