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

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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.

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CAT governance? Hehe

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

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Source: malaymail - 🏆 1. / 86 Read more »