Search This Blog

Tuesday, December 6, 2011

List of wanton waste by UMNO/BN

Want to know how much the corrupt and incompetent UMNO/BN. Here is a list in progress compiled by Hussein Hamid of SteadyAku47 and still increasing:


1. PKFZ RM12bill

2. Submarine RM500mil

3. Sime Darby RM964mil

4. Paya Indah Westland RM88mil

5. Posmalaysia (transmile) RM230mil lost

6. Eurocopter deal RM1bil waste?

7. Terengganu Stadium Collapsed RM292mil

8. MRR2 repair cost RM70mil

9. Maybank Overpay for BII RM4bil

10. Tourism -NYY kickback RM10mil

11. 3 paintings bought by MAS— RM1.5M

12. Overpayment by Sport Ministry——- RM8.4M

13. London 's white elephant sports complex —-

      RM 70M

14. MRR2 Repairs————————RM 70M

15. MATRADE repairs —————RM120M

16. Cost of new plane used by PM——RM 200M

17. InventQ irrecoverable debt ——RM 228M

18. Compensation for killing crooked bridge —–

      RM 257M

20. Lost in selling Augusta ———— RM 510M

21. Worth of AP given out in a year ——RM 1.8B

22. Submarines (future Muzium Negara artifacts)-

      RM 4.1B

23. PSC Naval dockyard ————RM 6.75B

24. The Bank Bumiputra twin scandals in the early

      1980s saw US$1 billion (RM3.2 billion in 2008


25. The Maminco attempt to corner the world tin

       market in the 1980s is believed to have cost

      some US$500 million.(RM1.6 billion)

26. Betting in foreign exchange futures cost Bank

      Negara Malaysia RM30 billion in the 1990s.

27. Perwaja Steel resulted in losses of US$800

      million (RM2.56 billion).

28. Use of RM10 billion public funds in the

       Valuecap Sdn. Bhd. operation to shore up the

       stock market

29. Banking scandal of RM700 million losses in

      Bank Islam

30. The sale of M.V. Agusta by Proton for one Euro   
      making a loss of €75.99 million(RM 348 million)

31. Wang Ehsan from oil royalty on Terengganu

      RM7.4 billion from 2004 – 2007

32. For the past 10 years since Philharmonic

      Orchestra was established, this orchestra has

      swallowed a total of RM500 million.Hiring a

      kwai-lo CEO with salary of more than RM1 M

      per annum !!

33. In Advisors Fees, Mahathir was paid

      RM180,000, Shahrizat AbdulJalil (women and

      social development affairs) RM404,726 and

      Abdul HamidOthman (religious) RM549,675 per


34. The government has spent a total of RM3.2

       billion in teaching Maths and Science in English

       over the past five years. Out of the amount, the

      government paid a whopping RM2.21 billion for

      the purchase of information and computer

      technology (ICT) equipments which it is unable

      to give a breakdown. Govt paid more than RM6k

      per notebook vs per market price of less than

      RM3k through some new consortiums that

      setup just to transact the notebook deal. There

      was no math & science content for the teachers

      and the notebooks are all with the teachers'

      children now.

35. The commission paid for purchase of jets and

       submarines to two private companies

       Perimeker Sdn Bhd and IMT Defence Sdn Bhd

       amounted toRM910 million.

36. RM300 million to compensate Gerbang

      Perdana for the RM1.1 billion "Crooked Scenic


37.RM1.3 billion have been wasted building the

      white elephant Customs, Immigration and

      Quarantine (CIQ) facilities on cancellation of the

      Malaysia-Singapore scenic bridge.

38. RM 100 million on renovation of Parliament

      building and leaks.

39. National Astronaut Programme – RM 40 million.

40. National Service Training Programme – yearly

      an estimate of RM 500 million.

41. Eye on Malaysia – RM 30 million and another

      RM5.7 million of free ticket.

42. RM 2.4 million on indelible ink.

43. Samy announced in September 2006 that the

      government paid compensation amounting to

      RM 38.5 billion to 20 highway companies.

      RM380 million windfalls for 9 toll concessionaires
      earned solely from the toll hike in 2008 alone.

44. RM32 million timber export kickbacks involving

      companies connected to Sarawak Chief

      Minister and his family.

45. Two bailouts of  Malaysia Airline System RM7.9

      billion. At atime when MAS incurring losses

      every year, RM1.55 million used to buy three

      paintings to decorate its chairman's (Munir)


46. Putra transport system bailout which cost

      RM4.486 billion.

47. STAR-LRT bailout costing RM3.256 billion.

48. National Sewerage System bailout costing

      RM192.54 million.

49. Seremban-Port Dickson Highway bailout

      costing RM142 million.

50. Kuching Prison bailout costing RM135 million.

51. Kajian Makanan dan Gunaan Orang Islam

      bailout costing RM8.3 million.

52. Le Tour de Langkawi bailout costing RM 3.5


53. Wholesale distribution of tens of millions of

      shares in BursaMalaysia under guise of NEP to

      cronies, children and relatives of BN leaders

      and Ministers worth billions of ringgits.

54. Alienation of tens of thousands of hectares of

      commercial lands and forestry concessions to

      children and relatives of BN leaders and

      Ministers worth tens of billions of ringgits.

55. Since 1997, Petronas has handed out a

      staggering 30 billion ringgit in natural gas

      subsidies to IPPs who were making huge

      profits.In addition, there were much wastages

      and forward trading of Petronas oil in the 1990s

      based on the low price of oil then. Since the

      accounts of Petronas are for the eyes of Prime

      Minister only, we have absolutely no idea of the


56. RM5700 for a car jack worth RM50

57. Government-owned vehicle consumed a tank of

      petrol worth RM113 within a few minutes

58. A pole platform that cost RM990 was bought

      for RM30,000

59. A thumbdrive that cost RM90 was bought for


60. A cabinet that cost RM1,500 was bought for


61. A flashlight that cost RM35 was bought for


62. Expenses for 1 Malaysia campaign paid to


63. RM17 billion subsidy to IPP

64. USD24 million diamond ring for Ro$mah ---

      cancellation of order -- how much

      compensation? PLUS $M$ HANDBAGS!!

65. Cattle/Cow gate by family of Sharizat RM250



Hussein abdul Hamid said...

Bro I did not start the list ...just helping it along as you are doing! Together we can do our part...regards.


steadyaku47 said...

Bro I did not start the list ...just moving it along as you are doing. Together we do our work! regards.