The NEP Can Be A Corrupting Influence

We have accepted like meek lambs basic discrimination policies on all Malaysians; enabling the rich to get richer for little or no effort and creating a major avenue for corruption and cronyism to develop into a malignant cancer.

Let’s look at APs first. It was first touted as a simple means to enable the poor Bumi to get started in a simple business as promoted under the NEP.
Are there any guidelines on how a person can qualify for APs?

It is not rocket science to devise a simple yardstick. Suppose an AP is worth RM5000 each and each recipient is eligible for 20 APs, the benefit is worth RM100,000.

Now that should be good enough for anyone to start improving his life choices. It does not make one a millionaire but was the NEP created for that purpose? If 100000 APs are granted each year, at 20 each, the number of beneficiaries would be 2000 each year and over a 30-year period, 60,000 Malaysians would have received assistance under the AP Scheme.

It would have been a once in-a-lifetime assistance and no one could apply a second time as the benefit would have been sufficient to start a small business or put a child through university.

Therefore it is imperative in the name of good governance and transparency that we are provided the names of all AP recipients since 1970 so that we can decide if the AP Scheme has been abused. For example, have 60,000 Malaysians benefited or 60?

Year Beneficiary
1970 Company A Shareholders APs granted




Regarding race-based house pricing, this benefit should be abolished as it creates distortions in the housing industry. After 30 plus years of the NEP where the government has handed out such generous largesse to their cronies and related parties, they still have the audacity to proclaim that the NEP has not succeeded and still require another 20 years to remedy the weaknesses.

The private sector should not be involved anymore in such unfair practices where the struggling first time non-Bumi purchasers are made to subsidise the Bumi purchasers who may already be a millionaire many times over.

This Bumi discount should only be given to a first-time buyer of a medium cost flat and administered through the Ministry of Housing so that proper records are maintained.

The accumulated excesses of the NEP can be seen in the plethora of problems we can see in society today.