Wednesday 12 July 2023

A Green Tsunami Called : Padiberas Nasional Berhad

MEET  Bernas Bhd,  which has a monopoly over rice imports and controls over two third of the Malaysian rice market.

FOR  good measure, the government on the average gives Bernas READ : hard cash amounting to more than half a billion Ringgit EVERY YEAR.

I am sure that most of the information above are known to the general public. 

BUT how many of us know that Padiberas Nasional Berhad (BERNAS) is Malaysia 's only state-trading enterprise within the meaning of  XVII:4(a) of GATT under the World Trade Organization (WTO).

MUST be one heck of a state enterprise to be listed under the WTO,  when the company itself is owned fully by an individual by the name of Syed Mokthar Al Bukhary. 

GRANTED , the government has a golden share but since you have had the foresight to list Bernas as Malaysia 's only state-trading enterprise within the meaning of  XVII:4(a) of GATT under the World Trade Organization (WTO).


WHY not have the wisdom of allowing the state to actually own and manage Bernas, considering that the state had done an excellent job of  achieving 100 rice self sufficiency between 1979 to 1981.

WHO are the powerful forces behind the move to make sure Bernas remains in Syed Mokthar's hands and not in the government's hand.? READ :Pelbagai ugutan saya terima daripada geng-geng kaya..' - PM.

BEFORE, I name who are those powerful forces, let me just add that Anwar Ibrahim is taking the biggest political risk of his life by standing up for the poor Malay base, at a time when that base overwhelmingly supports a political grouping, which does not have their interest at heart .

MEET Muhyiddin Yassin, the big man from Bersatu whoes party pocketed READ : RM200 million in donation from Syed Mokthar.

MEET Ismail Sabri, who told us in 2004 that READ : The Bernas takeover of Syed Mokthar is a good deal


 I have no doubt that those billions of Ringgit actually went out of the government coffers, but when the target set by Ismail Sabri failed to materialise,  what did he do as senior minister in Muhyiddin Yassin's cabinet ?

HE did NOTHING, while Muhyiddin Yassin just six months into the job as Prime Minister, and as party chief of Bersatu no doubt very pleased with the RM200 million donation from Syed Mokthar,  signed off another ten year extension for Bernas to EXIST.