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The WTF Report | The Wastage of Taxpayer Funds Report

The Wastage of Taxpayer Funds Report

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The WTF Report | The Wastage of Taxpayer Funds Report | wtfreport.wordpress.com Reviews

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The Wastage of Taxpayer Funds Report

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1

Eruption of the dormant forex scandal | The WTF Report

https://wtfreport.wordpress.com/2012/06/07/forex-scandal-re-visited

The Wastage of Taxpayer Funds Report. Eruption of the dormant forex scandal. THE ghost of Bank Negara Malaysia’s (BNM) epic foreign exchange trading losses, said to have run into tens of billions during the 80s and 90s, has reawakened. Like a dormant volcano whose time to re-erupt has come, the controversy involving the central bank’s infamous speculative practices blew up with such a shudder last weekend that even Tun Dr Mahathir Mohamad was called to respond. Although the issue has been raised before, ...

2

Defence Ministry pays RM3.2bil instead of RM1.74bil for shoddy quarters | The WTF Report

https://wtfreport.wordpress.com/2012/10/19/defence-ministry-pays-rm3-2bil-instead-of-rm1-74bil-for-shoddy-quarters

The Wastage of Taxpayer Funds Report. Defence Ministry pays RM3.2bil instead of RM1.74bil for shoddy quarters. A Defence Ministry contract to build living quarters for married military personnel has not only incurred a bill of RM3.21 billion, but has seen the delivery of shoddy units. The Auditor-General’s Office had audited 12 of these projects, finding that these had contributed to RM1.3 billion of the cost overrun stemming from, among others, delays of up to 1,240 days for delivery. The exemption of t...

3

Private homes furnished with Johor state govt property? | The WTF Report

https://wtfreport.wordpress.com/2012/10/20/private-homes-furnished-with-johor-state-govt-property

The Wastage of Taxpayer Funds Report. Private homes furnished with Johor state govt property? Meanwhile, in Johor, the Auditor-General’s Report 2011 found that state government property had mysteriously found themselves as new furnishing for private homes. The total of 39 items worth RM55,360 supplied by the Johor Menteri Besar’s Office were intended for the premises of associations and organisations in Muar, Kluang and Ledang. Other than furnitures and electronic gadgets, the other items include:. You a...

4

Groundbreaking study details Taib’s US$21bil empire | The WTF Report

https://wtfreport.wordpress.com/2012/10/14/groundbreaking-study-details-taibs-us21bil-empire

The Wastage of Taxpayer Funds Report. Groundbreaking study details Taib’s US$21bil empire. A ground-breaking report released by Swiss-based NGO Bruno Manser Fund (BMF) estimated the assets of Sarawak Chief Minister Abdul Taib Mahmud’s family at US$21 billion (RM64 billion). The wealth of Taib himself has been put at a whopping US$15 billion (RM46 billion), making him Malaysia’s richest man, outstripping tycoon Robert Kuok who has US$12.5 billion. However, the research is restricted to Taib’s family...

5

RM53,525 maintenance contract for one dot matrix printer! | The WTF Report

https://wtfreport.wordpress.com/2012/10/17/rm53525-maintenance-contract-for-one-humble-dot-matrix-printer

The Wastage of Taxpayer Funds Report. RM53,525 maintenance contract for one dot matrix printer! LQ300 dot matrix printer. The humble dot matrix printer, among the cheaper computer printing options, is under the auditor-general’s spotlight after it was found that the Lahad Datu General Hospital was paying an exorbitant amount maintaining it. One company, five hospitals. In contrast, maintenance cost of similar equipment in government hospitals in Keningau, Pekan, Sungai Petani and Selayang was a fraction ...

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The Wastage of Taxpayer Funds Report. RTM’s super expensive scanners and clocks. A4 scanner – RM14,670 each. A3 scanner – RM20,630 each. Clock – RM3,810 each. Building acoustic measuring system – RM597,330. How much can an A4 size scanner cost? Nowadays it is not so difficult to get an estimate. Just do a search online and you can get the ballpark price. And this is despite the fact that RTM itself had estimated a price of only RM200 each. This means an increase of 7,235% from the estimated price! They w...

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