Fight back against the cartel culture One of 14 individual linked with ‘Nicky Gang’ – Bernama
The news in early April this year regarding the existence of a cartel/syndicate that had been monopolising government procurement contracts is yet again a grim reminder of how deeply rooted the culture of corruption is in our society.
The modus operandi of the cartel was to deploy some 150 companies under its control as cover for submitting tender bids to ministries and agencies.
In other words, the sheer number of companies submitting the bids gave the illusion of unrelated bidders.
At the same time, the tactic of submitting differential price tags but approximating the “ceiling price” (maximum price the ministry or agency was willing to pay) was aimed at “cornering the market”, i.e., pricing out their competitors.
Informal entrepreneurs encouraged to apply for Spin 30 Apr 2021 / 10:25 H. -Bernama
MELAKA: Small or informal entrepreneurs who are facing problems in getting access to capital because they have not registered their businesses with the Companies Commission of Malaysia (SSM), any professional body or the local authorities, are encouraged to immediately apply for the Informal Financing Scheme (Spin).
Deputy Minister of Entrepreneur Development and Cooperatives Datuk Mas Ermieyati Samsudin
(pix) said the scheme under the National Entrepreneur Group Economic Fund (Tekun) would provide a maximum funding of RM5,000.
“Applicants will only need to submit a copy of their identity card, one month bank statement and utility bills.
Monday, 26 Apr 2021 04:30 PM MYT
BY SHAHRIN AIZAT NOORSHAHRIZAM
The 51-year-old lawyer (centre) said that he will sue Johor police chief Datuk Ayob Khan Mydin Pitchay and one senior police officer over the ‘slanderous’ charges. Bernama pic
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KUALA LUMPUR, April 26 Lawyer Kamal Hisham Jaafar has denied he posed as a legal representative of the Johor Royal Palace, after he was recently accused of embezzling more than RM185,000 from an advertising company in Petaling Jaya, Selangor.
The 51-year-old lawyer said that he will sue Johor police chief Datuk Ayob Khan Mydin Pitchay and one senior police officer over the “slanderous” charges.
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