Rabu, 19 November 2008

Maika Scandal Refuses To Be Buried

In spite of 25 years of history, the Maika scandal refuses to be buried. It keeps on surfacing, haunting and hounding the perpetrators of a crime that robbed the poor of their fair share of their due. The controversy surrounding the Maika-Telekom shares scandal appears to be far from over.

Promises were made; time and again, that Maika shareholders will get their hard earned money back. But not a penny was paid. At each Maika's annual general meeting, the shareholders continue to press for answers. Often the meeting degenerates into violence as 'thugs' linked to MIC president, rough up those who dare ask questions.

Not content with siphoning off the shares, Samy Vellu appointed his son, Vell Paari as CEO of Maika Holdings in 1999, and remains so to date. He is now in the process of selling off the few remaining assets of Maika Holdings.

p/s: The article about Maika Holdings is from makkalsakthi@live.com.my. The author give the permission to distribute this material in either electronic or printed form to as many people as possible.

Footnote:

1. Aliran Magazine (Extensively used for Maika Telekom Share Scandal)
2. Indian Communities in south East Asia – A. Mani & Kernail Singh Sandhu
3. The End of Empire and the Making of Malaya – Timothy Norman Harper
4. South East Asia Over Three Generations: Essays Presented to Benedict R.
5. The Indian Minority and Political Change in Malaya 1954-1957 – Rajeswary Ampalavanar

1 ulasan:

LEKIR berkata...

Assalamualaikum,

Isu Maika ini adalah antara penyebab peralihan undi masyarakat India daripada MIC kepada PKR