AES : RM700 Million Compensation For Chicken Sh*t Advisor?

ARCHIVES 2013

By admin-s On Sep 20, 2013

It would cost RM166 million only to install 831 AES cameras in New York City !!

First you bid or negotiate for a controversial project. Or it can even be a non controversial project. Bid for it, negotiate for it or whatever. Then get it cancelled. Or transferred to the Gomen. After that make sure you collect compensation from the Gomen. Tak payah niaga pun. Just collect the cash up front.

OutSyed the Box

Here is more news about the troubled AES. Unfortunately (for him) Hishamuddin Hussein now has to handle this AES matter. To be fair to Hisham, he has only recently been appointed the acting Minister of Transport. Here is the news :

RM150 fine for new AES summonses

summonses under the (AES) will carry fine RM150 said Hishammuddin
increase to maximum RM300 if the offender delays settling
Two concessionaires – Beta Tegap S/B & ATES S/B – awarded contract
Taking over would be AES Solution SB, under MOF Inc.
“..taking over assets, liabilities & system…we will have to pay compensation”
due diligence would be conducted by a third party
independent auditor to evaluate worth of companies
Under my watch, nobody is going to profit from this (take-over)
two companies spending RM300mil & RM400mil each
including 831 cameras nationwide
began operations on Sept 23 last year with 14 cameras
nationwide installation expected to be completed this year

Hisham says “Under my watch, nobody is going to profit from this (take-over)”.

Well I think this may be a little too late bro.

First of all you know that too many people know that the two companies (Beta Tegap SB and ATES SB) are linked to the close “Advisor”. Its t hat chicken sh*t fellow again.

Secondly these people are not stupid. Their profit has already been built into that RM700 million figure mentioned above (RM300mil &RM400mil each). Dari awal lagi depa dah kira untung dah. They were not born yesterday.