“It is unwise in the light of the current socio-economic
situation especially with the value of the ringgit
falling.” The integrity of the government in
distributing and expanding the wealth of the nation
fairly and wisely can be questioned, it stressed.
It cited a few examples viz. wrongful and wasteful
spending of taxpayers fund as reported annually by the
Auditor-General and which has not been addressed; the
multi-billion 1MDB scandal; and the worst floods in
living memory which have affected the lives of more than
250,000 Malaysians and took 21 lives.
The Government announced that a sum of RM 800 million
has been allocated for the flood victims, noted the
statement, “but no money to rebuild their lives”.
Among other examples of financial and economic
mismanagement by the Government, NUBE said that funds
from the EPF have been ploughed into investments without
the consent of workers.
“The Government has not made any effort to reduce the
widening income inequality,” said the union. “There is
no commitment from the Government agencies or the
government-linked companies to make amends on this
matter.”
It acknowledged that the Government MPs
voted for the GST but lamented that they did not look at
the impact of the new tax on the lives of the people.
“The Government is under extreme public scrutiny, yet
seems immune to criticisms.”
Source: Free Malaysia Today , Malaysia, dated
13/01/2015.