On Friday, the Pakatan Selangor State Government had awarded a sand mining permit for the whole state of Selangor to only one company, namely Kumpulan Semesta Sdn Bhd. This is supposedly done to check and eliminate all illegal mining activities carried out by any other companies.
However, I have to say it is wrong. As written in the papers, the sand mining activities in Selangor is worth RM587m a year. That is a huge amount of money. Even if we assume a normal 20% margin, that is easily RM117.4m profit per annum for the company. This is a huge amount for a single company to make annually.
Some of the questions that need to be answered:-
i. Why create a monopoly?
ii. Who decided to give to this one single company?
iii. Who owns the company?
iv. What were the factors for the Selangor State Government decide on only one company?
v. Is this company capable in terms of its track record in the industry, financials, expertise and management capabilities.
vi. What is the issued and paid-up capital of the company? RM2?
vii. Were there any tenders called before deciding on the company?
viii. Where is the transparency advocated so much by the Pakatan party and being highlighted in its election manifesto over and over again?
ix. Where is the accountability?
x. Is this not totally against everything Pakatan has been supposedly fighting for?
This decision by the Pakatan Selangor State Government gives rise to concerns of the possibility of corruption and cronyism.
We must not allow corruption, mismanagement or any wrong doings irregardless BN or Pakatan. I hope the authorities will investigate on this matter.
Ahmad Ikmal Ismail