RM3 BILLION SABAH STATE RESERVED FUND?

By : DAP MEDIA

THE SABAH Assistant Minister of Finance Datuk Taufiq Titingan claimed that Sabahan is proud of the Sabah BN government’s achievement in having a state reserved fund of RM3 billion in the state coffer. He said this is only available under the good leadership and management by the CM cum Finance Minister Datuk Musa Aman.

He further sided that under the Pakatan Rakyat states as up to year 2010 has only very little state reserved fund, like Selangor RM920 million and Pulau Pinang Rm1.2 billion. This reflects the Sabah BN government has done much better than the PR states.

The Kota Kinabalu MP Hiew King Cheu fought back and said that the Sabah Assistant Finance Minister did not tell the truth of the real financial standing in Sabah. He is merely shouting with a figure to jack the image and claimed credit of the BN government.

He forgot to tell the people a lot of facts and figures behind the state reserved fund of RM3 billion. He did not know the real financial standing in Selangor and Pulau Pinang and he kept on blasting some baseless statement.

I would advice that he checks the facts first before he made any statement in the future. As an assistant finance minister he better tells us the truth of the financial standing to the people who has the right to know about whether or not they are in debts, or having lots of ‘real’ money in the state coffer as announced by the chief minister Datuk Musa Aman.

Pulau Pinang was only having a small state reserved fund of RM600 million when Pakatan Rakyat took over the state government from the BN. After much hard work and good financial planning, the PR government has managed to ‘stock up’ a state reserved fund of RM1.2 billion and is still growing. The true fact is that Pulau Pinang PR government has no debts.

MP Hiew challenges the Sabah BN to disclose the total up to date amount on the debts owing by the state government to the federal government including the foreign debts and other debts. This will reflects that how will Sabah is doing under the management of the BN. What is the use to tell us we have so much money and yet we owed hundreds of billions ringgits, and what can he say about the RM4,000 over billions National debts? Every Malaysian new born owes at least RM15,000.

Don’t forget that Sabah is a land of plenty natural resources and having the biggest plantation area, forest and not forgetting the natural oil and gas. The state income from all these output and production is huge, and what actually happened in between we do not know. What we know is that Sabah is the poorest state in Malaysia, and 43% of the poor people in Malaysia are in Sabah.

The BN has no right to compare Sabah to Pulau Pinang because Pulau Pinang has got nothing in terms of natural resources but they have a good PR government who are working very hard with some good, clean and straight policies. Most important of all, they do not corrupt.

Therefore, the Sabah BN government need not advertise themselves of having a state reserved fund of RM3 billion, but in fact they did a lousy job on managing Sabah. We are backward and poor, thanks to the BN. Just a word to remind the Sabah CM Datuk Musa Aman, we Pakatan Rakyat do not tell lies to the people, but we are just merely telling the people about what is happening to Sabah under your bad management, and it is the truth nothing but the truth.