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Tuesday, October 25, 2011

M'sia Govt Dept paid RM11,800 for RM3,400 laptop and printer!



PETALING JAYA: The Marine Parks Department (JTLM) overpaid between 177% and 2,805% for equipment on a new boat and was not even supplied some items, the Auditor-General's Report stated.

It said JTLM did not conduct market research when it agreed to the price listed in the contract for these items, resulting in an additional cost of RM172,501. The sun sets over a set of "Big Eyes"...

The glaring differences included paying 2,805% more or RM56,350 for a night vision marine binoculars although the estimated market rate for the item was RM1,940.

However, what was supplied was not the RM56,350 binoculars but a non-night vision marine binoculars worth RM1,069.

Other price differences of equipment included a night vision Bushnell binoculars for RM56,350 which was a 1,893% increase from the market price of RM2,827; RM16,100 for a LCD television and DVD player which was 638% more than the market rate of RM2,182; and RM11,845 or 246% more for a laptop and a colour printer although their market price was RM3,428.

However, the audit found that the DVD player that was supplied was only worth RM195 and the laptop and colour printer that were supplied was only worth RM2,137.



Other items that were quoted beyond the estimated market price was for a colour marine radar for RM47,725 or 478% more compared to RM8,255 and a hand-held portable VHF transceiver for RM4,324 or 177% more compared to RM1,561.

JTLM had signed a RM7.51mil 12-month contract with a company to design, build, install, test and deliver an all-weather aluminium enforcement boat by July last year.

“There was no evidence that JTLM had conducted the necessary market research.

“The procurement management needs to be handled in a more organised manner by officers who have the expertise and experience in handling Government procurement.

“Contract terms on the design and quality testing were not followed and the equipment was not supplied according to specification.

“Yet payment was fully made without any price adjustments,” the report said.

The Treasury replied that the estimates for the contract were based on a verbal market research with experts from the Fisheries and Marine Department as well as reference to previous tenders from the Marine Department.

It added that there was a one-year gap between the tender offer date and the supply of items resulting in some items being supplied that were not according to specifications.

However, JTLM said the change in brands did not affect the quality, function and specification of the items.

The Star

Malaysia's public debt rises to RM407bil


By EUGENE MAHALINGAM eugenicz@thestar.com.my

PETALING JAYA: Malaysia's public debt level rose 12.3% to RM407.11bil in 2010 from RM362.39bil a year earlier, according to the Auditor-General's Report 2010.

National debt grew 12% to RM390.36bil in 2010 from RM348.60bil a year earlier while foreign debt grew 21.5% to RM16.75bil from RM13.79bil in the previous corresponding period, said the report released yesterday.

In 2010, unresolved public debt both at the national and foreign level grew by RM41.76bil and RM2.96bil respectively compared with 2009.

“The national debt level totalling RM390.36bil accounts for 95.9% of the Federal Government's total debt,” auditor-general Tan Sri Ambrin Buang said in the report.

He pointed out that the ratio of the Federal Government's debt to gross domestic product at the end of 2010 was 53.1%, which was over 50% for the second year in a row.


The national debt level is governed by various laws that impose a debt ceiling for the Government. Under Act 637 of the Loan (Local) Act 1959, and Act 275 of the Government Investment Act 1983, it is stated that the combined loans raised domestically should not exceed a ceiling of 55% of the nation's GDP.

Meanwhile, Act 403 of the External Loans Act 1963 limits external loan exposure to RM35bil.

The report also revealed that in 2010, the Government received revenue totalling RM159.65bil, which was an increase of RM1.01bil (0.6%) compared with RM158.64bil in 2009.

Accounts receivable for 2010 stood at RM20.37bil while the Government approved allocation amounting to RM149.06bil for operating expenditure. “However, the said allocation was insufficient to cover the expenses amounting to RM151.63bil,” said the report.



The report also revealed the implementation of a rating system based on an accountability index.

“Through this rating system, marks will be given for the compliance if regulations of six main elements in financial management, namely management controls, budgetary controls, receipt controls, expenditure controls, management of trust funds and deposits as well as management of assets and stores.

“The federal ministries and departments rated as excellent become a role model and this would motivate others to diligently improve and enhance their financial management,” it said.

Monday, October 24, 2011

Genius kid’s fast-track education sparks debate

Beijing University of Technology Gymnasium 北京工...

Made In China By CHOW HOW BAN

ZHANG Xinyang has been in the limelight since he was 10. Then he became the youngest person in China to study at a university.

At 13, he continued his master’s degree at Beijing University of Technology. Yet again the now 16-year-old genius made history when he was accepted by Beihang University in Beijing last month to study doctorate in mathematics.

Zhang’s fast-track education has sparked a debate over whether it is against the law of nature or whether it is the right thing for China to do to encourage young children to jump classes and grow to become adults though in reality they are not ready or mature.

In his recent interview with China Central Television (CCTV), Zhang showed his childishness and unreasonable thinking by saying that he had on several occasions threatened to stop his studies if his parents refused to buy an apartment for him in Beijing.

Genius or rebel?: A photo of Zhang grabbed from the Insight programme broadcast on China Central Television recently.

His remarks have caused a stir on the Internet, with many netizens saying that he should not pressure his parents who obviously cannot bear the exorbitant house prices and he should earn his own money to buy the apartment instead.

“What a selfish boy! What use to receive so much education?” said a netizen. Another commented that Zhang should be labelled as an “abnormal kid” instead of genius.

Others said that if Zhang were not China’s youngest doctorate student, his words would not have weighed so much.

“It was we who had different thoughts on an ordinary 16-year-old kid because of his reputation. He is only a rebellious boy like many at that age,” they said.

Zhang was raised by an ordinary middle-income family from Liaoning province. His father Huixiang, who works as a civil servant, discovered that he was smarter than his peers when he was very young.

Since then, Huixiang has educated his son to be an active learner and encouraged him to think and question.

The boy would speak about serious topics from the Iraq war to city image. Sometimes he would argue with his father when they have different views on certain subjects.



Fun it might seem for Zhang to bury in his books, walk into the examination hall together with his older classmates and skip so many levels of education. But, he revealed, in the interview, that it was not enjoyable after all.

When Zhang started to distract from his studies and play with computer games, his father scolded him. At the heat of the argument, his angry father walked out of Zhang’s hostel and walked 50km home in Langfang, Hebei province that night.

“He wanted to punish me but in reality, he was actually punishing himself,” Zhang said of his father’s reaction during the incident.

He said his father would certainly suffer from a more painful heartache than other parents of normal children if he failed to do well in his studies, because of the way his father had groomed him.

“He wished he could feed me with milk forever but it would not happen.

“The later he loosens his grip and let me go, the greater the repercussion would be,” he said.

With tremendous pressure from his parents and high expectations he had on himself, Zhang failed some subjects during his master’s degree and faced the danger of not able to complete his studies. He even thought of killing himself.

In the interview with CCTV, Huixiang said he could not make a difference throughout his life and all he could do was to cultivate his son hoping that he could spread his wings in future.

Huixiang has come out with a book titled The Miracle of Learning.

The book relates how he and his wife raised their son – they had never watched television nor muted TV programmes when their son was around.

When his son threatened him to buy an apartment, Huixiang and his wife had no choice but rented an apartment near his son’s university to persuade him to finish his studies.

Zhang said he started to think about having their own house in the Chinese capital after studying at university and being influenced by the media and the materialistic world.

He claimed that it was his parents who wanted him to pursue his studies in Beijing and realise a dream that they could not fulfil themselves.

“I am not sure if they impose their thoughts or dream on me or not, but I am inheriting my father’s dream. They wanted me to stay in Beijing so they should work hard for it,” he said.

Huixiang said his son changed after coming to Beijing and being exposed to the pomps and vanities of city life.

“He is after only money. He came into contact with such things too early and thought it would be hard to survive without money or even if he has knowledge and ability,” he added.

Zhang was quoted by Beijing Evening News as saying that he had reasoned to his parents, when they were staying in Tianjin, that if they did not buy an apartment then it would be too late as house prices would continue to increase.

He said he was aware of the debate on the Internet over what he said but added that it would impossible for everyone to understand him.

“I would rather maintain a positive thinking. Now I just want to forget about the episode, remain low-key and continue with my studies,” he added.