Only RM400 mil left in USP Fund.....???

on Oct 31, 2010

FROM RM4 BIL TO RM400 MIL. Well-spotted by the NST's managing editor: the deputy minister in charge of the fund said on Oct 25 (see here) that the money had NOT been spent and that he DID NOT have full details of the fund. Last week, the NST reported that only 10 per cent of the RM4 billion collected under the fund since 2006 is still there. The deputy minister and the MCMC did not communicate? The managing editor had to ask on her blog: Money well spent?

To answer the question, the MCMC must explainwhere ALL the money had gone to. Since YB Wee Choo Keong was the one who had first asked the question (on his blog here and in the Dewan Rakyat here), and since the deputy minister was clearly in the dark, why not let the Minister himself explain to the Rakyat in Parliament?

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