UPDATE, 31 July 2010: Khazanah buy-back 23.9% Parkway block cost rakyat a whopping RM935 million! Click here for story.
The government should immediately launch an investigation into the fiasco!
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I am not at all amused over the fight for control of Parkway Holdings Ltd (Parkway) between Khazanah Nasional Berhad (Khazanah) and Fortis Healthcare Ltd of India, which harbors a “vision to become a global healthcare provider.” You can read the full report by the Star here.
Let me remind all and sundry, that at the core of this “battle” lies the sweet fruit called Pantai Hospital that has been wickedly plucked and eaten by an outsider supposedly under the watchful eyes of the caretakers of our national garden.
The bitter fruits of this dereliction of duty on our part were manifolds. First, there was the unwholesome and ill-gotten gains by a few through blatant abuse of power and probable collusion by interested parties. Then there was the breach of our national security because of the ultra-sensitive database falling into foreign hands. Followed by the needless and sinfully high cost expended to buy-back our shares that were originally squandered willy nilly. Let us not factor in the derision of our national pride as the enemy would have had scoffed at our idiocy while laughing all the way to the bank – for no price can ever redeem our national shame suffered.
