COMMENT | A camel is a horse designed by a GLC
COMMENT | This is simply outrageous. Malaysians should be up in arms against the directive for six government-linked investment companies (GLIC) to fund RM120 billion worth of new ventures in government-linked companies (GLC) over five years.
The GLICs directed to do so include three retirement funds - the Employees Provident Fund (EPF), Retirement Fund Incorporated (Kwap), and the Armed Forces Fund Board (LTAT).
This is yet another example of this peculiarly Malaysian syiok sendiri (full of themselves) recipe for disaster, if not a prime (no pun suggested or intended) example of a forced marriage of convenience bordering on corporate incest.
I am dead set against such hare-brained schemes. It’s a story worth telling.
Years ago, I became convinced I would be better off doing stand-up comedy than working in a GLC. Better for the heart and the soul for sure. And the brain too.
I resigned. I had seen too many camels. Not that I had anything against these poor animals. But...
Verifying user
RM12.50 / month
- Unlimited access to award-winning journalism
- Comment and share your opinions on all our articles
- Gift interesting stories to your friends
- Tax deductable