Sunday, 3 September 2023

BERNAS, What A Load Of Rubbish!!!

PADIBERAS  Nasional  Bhd (BERNAS), a unit fully owned by Syed Mokthar Albukhary,  receives  more than RM600 million a year of tax payers  money to act as the sole manager of the country's  rice manager under the  single gatekeeping mechanism.

BERNAS is also the only company allowed to import rice into Malaysia, which means it has a 100 per cent monopoly of the imported rice business.

CONSIDERING, that the BERNAS concession is for ten years, it is safe to say that over the said period tax payers would have injected a minimum of RM6 billion into a company which Syed Mokthar owns fully.


DOES this make economic sense at all? WE plough in RM6 BILLION,  we get nothing, but READ : Syed Mokthar is happily paying a dividend of RM670 million a year to himself.

OKAY, nevermind the RM670 million, that Syed Mokthar has paid to himself or READ: the RM700 million of Bernas money, Syed Mokthar has funneled into his other enterprise.

LET'S just focus on what we are getting or not getting despite us, having to plough in RM6 BILLION over a ten year period.

FOR  courtesy sake since the tax payer is forking out so much money so that Syed Mokthar can have a good time, can any Hadi, Sanusi or Din have immediate access  to Bernas Annual Report?


WAH,  so nice isn't it, we the tax payer will have to plough in RM6 BILLION into BERNAS, but then have to plead with the company for information which depending on your face, they may or may not give.

THIS goes against every doctrine stated in the Environmental, Social,  Governance  (ESG),  platform that, which Government's and global funds are using to determine if you are a basket case or not.

OKAY, nevermind the annual report. Let's just focus on why, we the tax payers are contributing to Bernas, which is 100 per cent owned by Syed Mokthar  a sum of RM6 BILLION.

WE, are giving Bernas the money to act as the single gatekeeper for our rice security right? SO why on earth is Bernas selling us Gardenia Bread at market rates and not even at a discount or even with an extra slice of bread thrown in ? 

RM6 BILLION , and any Hadi, Sanusi or Din who are deligent tax contributors can't even get one extra slice of bread from Gardenia, which is READ : 50 per cent owned by Bernas.

FOLKS, this madness must stop lah. Anwar Ibrahim should kick Syed Mokthar's butt from the gravy train call Bernas, and immediately execute  READ : The 2018 Salahuddin Ayub Action Plan For The Government To Take Over The Role Of BERNAS.