Adenan Must not hold both the CM and Finance Minister posts and Must Give a full Account of RM14.2 billion State fund

Adenan Must not hold both the CM and Finance Minister posts and Must Give a full Account of RM14.2 billion State fund

If Adenan is serious about fighting corruption in the State, he must immediately take the following 2 measures to show Sarawakians that he means business rather than merely dwelling on rhetoric and words of hollow promises only.

1. To Separate the posts of Chief Minister and Finance Minister

It is a fundamental practice of parliamentary democracy that the posts of Chief Minister and Finance Minister have to be held by separate persons to provide the internal check and balance within the cabinet.

The 1MDB scandal is, to a large extent, made possible by the fact that the Prime Minister and Finance Minister are of the same person. We, in Sarawak, do not want the same thing happening, but the State Government’s “Government Contribution towards Approved Agencies Trust Account” is heading towards the same direction as 1MDB.

Sarawak BN Government has for many years emulated this wrong practice of having the posts of Chief Minister and Finance Minister held by one person. This has removed the internal check and balance mechanism of the parliamentary democratic practice.

Therefore, to restore the institutional check and balance mechanism, Adenan must take the immediate step to have 2 separate persons holding the Chief Minister and Finance Minister posts.

2. To disclose and be accountable for the whereabout of the RM14.2 billion in “Government Contribution towards Approved Agencies” Trust Account.

Since this Trust Account was created in 2006, the amount of State Money channelled into this account is as follows:

Year
State Money Approved to be paid into the Account under the name of “Government Contribution towards Approved Agencies”
(RM)
2006
-520,000,000
2007
-1,257,000,000
2008
-1,719,083,100
2009
-1,825,061,000
2010
-1,072,409,800
2011
-1,416,475,000
2012
-1,709,463,000
2013
-1,853,687,500
2014
-1,528,808,400
2015
-1,347,926,400
Total
-14,249,914,200

This astronomical RM14.2 billion State money have been approved by the Sarawak DUN to be paid to some “Approved Agencies”, but until today, there is no report to the DUN on who these “Approved Agencies” are.

This amount constitutes more than 40% of the State’s total Development expenditure in these 10 years. 

In every year’s budget, even amount as small as RM100,000 is accounted for in the budget and upon enquiry, the name of the recipients will be disclosed. 

Ironically, such a large amount (RM14.2 billion) has been kept secret from DUN and the people of Sarawak for the past 10 years and despite repeated questions by me in DUN and outside DUN, the State Government refuses to disclose the name of the “Approved Agencies” for this money.

RM14.2 billion is a very large sum even for a State as rich as Sarawak and it is totally unacceptable that no one except the Chief Minister and his inner circle of friends know where this money goes to.

This is non-transparency and irresponsible parliamentary practice of the highest degree. In a way, it is similar to the 1MDB financial manipulation where only Najib and his inner circle of friends know where the money goes to.

These are the 2 steps that Adenan can and should take immediately if he is sincere about fighting corruption. Otherwise, whatever Adenan says about good governance and fighting corruption are mere empty promises.