Sunday 17 September 2023

BERNAS is good as Dead.

BACK in June 2023, the Malaysian Rice Grain Wholesale Association had READ : forewarned the nation, that there was a 50 per cent drop in local rice supply.


TENTATIVELY, a 50 per cent drop is equivalent to 31.3 per cent, local rice supplied by paddy farmers inside Malaysia.

WE  won't be restricted to READ :100k of rice per year cap purchase by per individual, if Bernas had covered the short fall, without the Government having to take off , to help sort out BERNAS very land back approach to this crisis.

SUPPLY, READ :  now seems to have been resolved, but for the manner and speed in which the supply chain seems to have been fixed READ :following a 36 per cent increase in the retail price of rice, seems to suggest that hoarding of imported  rice may have taken place.

WHO is the biggest winner in all this? It is  BERNAS, who seems to have a mixed personality.One hand Bernas is the nation',s sole rice manager and importer.

THE other face of BERNAS is that of a pure company for profit persona READ :with the best grade local grain being packed off to its own mills, claimed The Malay Rice Millers Association .

REGARDLESS, on how, we wish to see things, it is pretty obvious that Syed Mokthar has to be taken out of BERNAS, for poorly managing the rice needs of the nation.


THIS is the second time this year, Syed Mokthar via his actions have put Anwar Ibrahim's Unity Governent in a very tight spot.


DON'T discount a third strike by Syed Mokthar who collected nearly RM1 billion cash in dividend over a span of three years, might pour cold water of the Government's plan to give paddy farmers 30 pee cenf of BERNAS profit.

HOW will he do it? Simple READ: ; by getting Bernas to declare a group level loss






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