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How Much Is Enough For Taib Mahmud, His Family & Cronies? |
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Posted by admin
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Sunday, 27 April 2008 12:36 |
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Extracts from David Brown's doctoral dissertation "Why Governments Fail to Capture Economic Rent: The Unofficial Appropriation of Rain Forest Rent by Rulers in Insular Southeast Asia Between 1970 and 1999" (374 pages) will be posted in Sarawak Headhunter from time to time, but those who want to download, read, keep and distribute the whole dissertation will find it here or if the site is unavailable, just send an email to Sarawak Headhunter .
Taib Mahmud concessions
It is a commonly thought that 1.6 million hectares in timber concessions are held by Chief Minister Taib Mahmud and his relatives and political allies (New Sunday Times 1987). In my own calculations, I found almost one million hectares in Taib family timber holdings, spread across 20 concessions. This degree of direct corporate control by a state leader over a market share of this size is unique among the cases studied in this dissertation. A search of the articles of incorporation of these 20 concessions show directorships and shareholdings awarded to members of the chief minister's family, his proxies, and political supporters including the two largest parties in the Sarawak Alliance, the Chinese SUPP and the chief minister’s own party, the PBB. READ MORE HERE
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Please dig up more such stories.Althought such relevations is no more shocking to the public anymore; it nevertheless show the level of corrupt practises that is institutionalized in the ruling goverment's culture.Let such evil corruption be in revealed to all Sarawakians so that when the have an opportunity to elect their represenatatives into power, they are fully concious of what they are doing.