It doesn't matter
whether it is a yellow cat or
a black cat; a cat
that
catches
mice is a good cat. In business, only the fittest will
prevail.
Tan Sri Syed Mokhtar al-Bukhary
is the business tycoon that can deliver; it seems almost radical to claim that he
monopolized businesses in the “sky, land and sea”. In the era of economics transformation,
as we have seen that it is not justified to claim that there is little room for
small businesses.
The surging debt of companies
under Malaysia’s richest Bumiputera has raised tendency of a repeat of the
financial system’s collapse in 1998 that had then been spurred by the failure
of Renong Bhd to fulfill its liabilities.
Datuk Bung Mokhtar Radin,
senior Umno backbencher lashed out at the Najib administration for allowing
tycoon Tan Sri Syed Mokhtar al-Bukhary to monopolise all forms of government
procurement, saying this was unfair to smaller business players.
He said the government must
be aware of the public’s anger over Syed Mokhtar’s “monopoly” of businesses in
the “sky, land and sea”.
“Whatever there is in this
world, he wants to make a business of it. In the sea, he does business. On
land, he does business. In the air, he does business as well.
“If he could do business in
the grave, I think he would do it too,” the outspoken Sabah MP grumbled.
“This is the problem here. He
has taken on the import business... he takes Keretapi Tanah Melayu Berhad
(KTMB), MRT (Mass Rapid Transit) he wants... he wants to take everything.
“Even Tenaga Nasional Bhd
(TNB), he wants... and he wants Johor water too,” Bung Mokhtar continued.
This is not the first time
that the Umno MP has complained about Syed Mokhtar’s “monopoly”.
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