Show us accounts since 2009, don tells Penang-owned private company

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

He praises Penang Chief Minister Chow Kon Yeow for having a monitoring panel for CMI.

GEORGE TOWN: A Universiti Malaya professor today called for members of the opposition and civil society to be included in an oversight panel introduced recently to monitor Penang Chief Minister Incorporated , a Penang government-owned private company.

Terence Gomez, who has researched extensively on government-linked companies , praised Penang Chief Minister Chow Kon Yeow for introducing a “monitoring committee”, comprising state executive councillors and heads of civil service. Gomez said as CMI was technically a private company under federal law, it should have its annual accounts in store, ever since it started.

“A federal bureaucrat ought to be placed in the committee. After all, politically, the state and federal government are in sync now.Gomez said the CMI institution was not necessary as there were other state economic development corporations , such as the Penang Development Corporation , which could do the same functions as the CMI.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CAT governance? Hehe

Check for black money businesses transactions by Penang DAP figures and spouses. And tax evading transactions. Very easy to catch them.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Drop in Penang investment not linked to federal govt, says DCM | Malay MailLUMUT, April 6 — The fall in investment in Penang should not be linked to the federal government as the cyclical situation also occurred in many countries. Penang Deputy Chief Minister II Dr P. Ramasamy said the statement of former prime minister Datuk Seri Najib Razak who linked the state... Still in denial mode! Stop this lying. Go on, tell the truth. Then we see if people in Penang still wants you.
Source: malaymail - 🏆 1. / 86 Read more »