When money meant for producing cheaper local beef goes into condos, lands and Mercedes for investment, you know something is not right.
Take this into account:
A few years ago, we could withdraw money from OUR OWN EPF accounts to purchase PCs. The withdrawal amount was only up to RM3k per person. But because some people misused the money, the government scrapped the scheme. Now, we have one company withdrawing up to RM250m from OUR TAX MONEY for producing local beef. But instead, they MISUSED the money for “investment” purposes.
If the government can scrap a scheme which actually benefit some people because the tiny amount of their OWN money was MISUSED, they SHOULD scrap the company and reclaim all the money loaned to the company because they MISUSED the tax payers money.
What do you think?