On 31st August 2007 we will be celeberating the 50th anniversary of our Independence but this auspicious occassion will also witness 33 years of mismanagement of our country's administration.by the present govt..Why 33 years? Because until 8th April 1974, the Finance Minister was the late Tun Tan Siew Sin and the country's finance was impeccably managed by this illustrous man whose prudence and integrity was legendary..
On one occassion when he was about to take his annual leave TunTan casually asked Tuanku who was looking after his portfolio in his absence. When Tuanku replied that he would look after his porfolio, Tun immediately cancelled his leave. This in essence was the character of the man who was not only prudent with the nation's coffers but spent his tenure zealously guarding it from any wasteful expenditure.
The aftermath of May 13th ,1969 saw the downfall of the Tuanku and the ascension of Razak and the implementation of the NEP policy.The Finance Minister portfolio was given to Tengku Razaleigh Hamzah and from thereon beginning with the BMF fiasco the country was beseiged with a litany of poor financial governance which saw the govt bailing out practically every govt linked companies (GLC).
For the last 33 years(from 1974) this govt had to continuosly bail out companies like Bank Bumiputra,Bank Rakyat,Bank Islam, Bank pertanian,MAS,Renong, UEM and the recent PKFZ project which would cost $4.6 billion..
If we were to include the vast array of failed projects which eventually led to further injection of govt funds, the amount would easily bankrupt many a nation.
.The proposed crooked bridge to Singapore, the Rawang double track railway, the North- south Highway, the Matrade building, the prison building in Sarawak and a host of other multi-billion projects would have caused the downfall of any govt.And yet after 50 years of independence and 33 years of mismanagement we are still stuck with the same govt which is bringing us to an ominous future.
Every Malaysian of whatever denomination has a duty to protect and safeguard this country of ours.We owe our allegiance to this country but we do not owe any allegiance to this govt which have failed to perform its duty with care and diligence.
Our nation is at a crossroad and after 50 years we must put aside our differences and assess our progress..If our conscience tells us that this govt has failed us then we must gather what little courage we have and make a change,Our future and our destiny lies in our hands and it is our sovereign duty to initiate the change..
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