Tuesday, May 27, 2008

RM300 Mln To Organise Monsoon Cup Not From Oil Royalty, Says MB. Is This True?

The RM300 million spent on organising the Monsoon Cup since 2005 did not come from Terengganu's oil royalty, Menteri Besar Datuk Ahmad Said disclosed Tuesday.

He said the allocations came from the federal government which were channeled through the Youth and Sports Ministry, Tourism Ministry and Finance Ministry, while the state government contributed only RM4 million each year for the sailing competition.

"The allocations were not just used for organising the Monsoon Cup but also for building various infrastructure like hotels, a berth and car park at Pulau Duyong here.

"For instance, the cost of organising the event last year was only RM22.6 million," he told reporters after launching seven books published by the Terengganu Islamic Religious and Malay Custom Council (Maidam), here Tuesday.

Ahmad was asked to comment on claims that Terengganu's oil royalty or known as the federal government's special fund, had been used to organise the Monsoon Cup.

Ahmad said the cost of organising the Monsoon Cup was actually small compared with the benefits derived from it.

For example, he said, last year's event which was broadcast by international television sports channel ESPN drew more than 1.3 billion viewers worldwide.

"Imagine the cost we would incur if we were to buy international advertising space to promote Terengganu."

Ahmad said the Monsoon Cup would continue to be held until 2012 as in the agreement signed with the organisers, but this year's event would include more activities involving the local people.

Asked about plans after the agreement ends, Ahmad said the state government would "consider the matter when the time comes". (Bernama)

***** Birds of feather.....

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6 Comments:

Anonymous SM said...

Ahmad Said is continuing in the tradition of all UMNO Chief Ministers!
Well done!
With UMNO, nothing changes!

9:07 PM GMT+8  
Blogger bayi said...

Where the money comes from is of little consequence! It's still a non-starter project for the rakyat as it's out-of-proportion budget does not get the rakyat the desired benefits but line the pockets of the connected few.

6:30 AM GMT+8  
Anonymous Anonymous said...

Not from oil royalty... so, must be from taxpayers' hard-earned money!

11:55 AM GMT+8  
Anonymous daniel said...

Well.... It is true that the Monsoon Cup give in a whole lot of benefits as a whole in terms of tourism, recognition, development, etc to Malaysia.

BUT STILL IF ANY CORRUPTED PRACTICES ARE HAPPENING INVOLVING A SELECT FEW UNDER IT'S NAME, THAT DOES NOT JUSTIFY IT IS CORRECT TO DO SO!

Grr.. sorry, I very geram lo.. Got positive and negative sides to it.

2:51 PM GMT+8  
Blogger kittykat46 said...

My next question is how did the Federal Government cough up RM 300,000,000 without spending authorisation from Parliament ?

You can't just bury RM 300 Million without any specific allocation in the budget.

5:08 PM GMT+8  
Anonymous Anonymous said...

Next, introduce the Badawi Cup for camel racing in KL. Islam Hadhari boleh!

6:00 PM GMT+8  

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