I think LGE not only provoke the angry of rakyat at TAR issue, at stock market side also stagnant like dead fish, just tunggu our people voting at BN back at next election.
"Posted by davidkkw79 > Nov 23, 2019 9:32 PM | Report Abuse I think LGE not only provoke the angry of rakyat at TAR issue, at stock market side also stagnant like dead fish, just tunggu our people voting at BN back at next election."
It is not LGE's fault but Dr. M's. LGE is PUPPET. Dr.M and the Minister who loves the rear end are sucking it up big time. NOBITA is overtaken by GIANT!
Majority race would not like disruption. They dislike change, wants it their way or no way. PAS, UMNO and PPBM will throw tantrum like a spoiled child if he is to head EDU.
There is no way MCA can accept LGE proposal, TAR has Rm 500m in the bank do u think MCA Trustee will accept meagre Rm 30m and handover TAR with Rm 500m cash in the bank under trustee ?.
Just imagine if u put rm 500m into investment and make Rm 20m income your shortfall against the Rm 30m is only Rm 10m.
With shortfall of rm 10m, and MCA can embark on fund raising campaigh to raise fund for the unfortunate TAR students & gain further sympathy and support , easily can raise at least Rm 6m every year mah....!!
That means we are talking of a shortfall of Rm 4m pa, this can be easily solved by just by increasing the student intake of TAR by 10% loh! That means TAR still can charge the same fees without any govt help loh......!!
Although Raider is a PH supporter but in this case MCA can tell LGE to fuck off, and just harp on this injustice done on the Chinese people everytime and gain alot of chinese sympathy and support loh...!
Furthermore do u notice the members of the propose trustee by LGE, include people from MOF, do u trust the Govt after what they have done to the poor quality of educations for the past decades ??
Do u think govt will be fair to the non bumi race ??
Yes hold tight MCA , hang on to the TAR do not be conned by LGE loh...!!
LGE: RM30mil TAR UC trust can be used even if MCA doesn't relinquish ownership Author: savemalaysia | Publish date: Sat, 23 Nov 2019, 8:35 PM
KUALA LUMPUR (Bernama): The RM30mil allocation by the government to a trust fund managed by Tunku Abdul Rahman Alumni Association (TAA) is for the benefit of Tunku Abdul Rahman University College (TAR UC) and students of the institution, says Finance Minister Lim Guan Eng.
He said on Saturday (Nov 23) that the allegation that the RM30mil trust fund could only be utilised on condition MCA relinquished ownership of the institution was baseless.
"I want to stress that the allocation of at least RM30mil a year in the trust fund handled by TAA is not for saving in a bank account but for use for the benefit TAR UC and its students.
"The RM30mil is not to be left in the trust fund as savings to earn interest, ” he said during a media conference with a line-up of the TAA leadership.
Lim said TAA was not controlled by the government or any Pakatan Harapan political parties but comprised successful former TAR UC students as well as a representative of the Finance Ministry.
The Finance Minister also explained that the fund could be channelled directly to TAR UC if the institution was no longer controlled by MCA, a political party.
"In another word, the trust fund will manage the annual RM30mil allocation without the involvement or intervention of the government or any political parties, including MCA and Pakatan Harapan, ” he said.
Lim stressed that until MCA gave up ownership and control of the administration back to TAR UC, the trust fund would be handled by TAA to look after the interest of the institution and students.
The allocation announced yesterday was approved by members of the Cabinet, including Prime Minister Tun Dr Mahathir Mohamad, he said.
Meanwhile, TAA president Datuk Yap Kuak Fong said the trust fund would be under the leadership of a senior legal advisor and the main objective of the public trust was for the sole purpose of ensuring TAR UC institution was free from political intervention.
"This means the separation of education from politics and to have the right structure to move on to the next level to ensure TAR UC becomes a prominent higher education institution in Malaysia," said Yap.
He said the legal advisor would set up a company limited by guarantee for non-profit purpose and there would be diverse representation as required.
"In terms of structure details, we look at it based on the underlying principles that there will be public accountability, transparency as well as good corporate governance," he added.
Local media commented that the Finance Ministry must be transparent and explain in detail the proposed trust fund of RM30mil to TAR UC.
MCA publicity deputy chairman Mike Chong Yew Chuan questioned why should the fund be channeled into the TAA, as opposed to the other registered alumni association, the Federation of TAR Student Alumni. – Bernama
If U READ ABOVE, IF IT IS NOT POLITICAL INTERFERENCE BY LGE THEN WHAT ?
READ VERY CAREFULLY LOH....!!
"Lim said TAA was not controlled by the government or any Pakatan Harapan political parties but comprised successful former TAR UC students as well as a representative of the Finance Ministry."
NOTICE REPRESENTATIVE FROM MINISTRY OF FINANCE...!!
"MCA publicity deputy chairman Mike Chong Yew Chuan questioned why should the fund be channeled into the TAA, as opposed to the other registered alumni association, the Federation of TAR Student Alumni". – Bernama
LGE BY INTERFERING WITH TAR, HE IS ACTUALLY CLASSIFY AS A TRAITOR TO THE CHINESE COMMUNITY, IN OTHER WORDS HE IS A "HON KAN".....TO THE CHINESE COMMUNITY LOH...!!
Posted by stockraider > Nov 24, 2019 11:39 AM | Report Abuse
LGE BY INTERFERING WITH TAR, HE IS ACTUALLY CLASSIFY AS A TRAITOR TO THE CHINESE COMMUNITY, IN OTHER WORDS HE IS A "HON KAN".....TO THE CHINESE COMMUNITY LOH...!!
Posted by BILLC > Nov 24, 2019 2:22 PM | Report Abuse
MCA is a well known ‘HON KAN’ for years,,,,but still manages to win big in Tanjung Pial,,,so don’t be so serious with’ HON KAN’,,,wakakaka ,,
_________
I beg to differ. mca's position was then 'SHARED PROSPERITY' .....you take this, I take that ....you korek there, I korek here....u huat ur way, I huat mine
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Posted by DickyMe > 2019-11-23 20:46 | Report Abuse
LGE is being stupid like a donkey. there should be no CONDITIONS absolutely. Just release the money NOBITA!