Government Linked Companies dole out bonuses despite losses of RM2 billion

The Auditor-General’s Rep­ort revealed that seven GLCs rewarded their employees with bonuses despite recording combined losses amounting to RM2bil in 2011.

Prasarana topped the list of seven GLCs involved. The others are Mimos Bhd, Keretapi Tanah Melayu Bhd, Jambatan Kedua Sdn Bhd, Amanah Raya, Indah Water Konsortium and Cyberview Sdn Bhd.

Prasarana gave bonuses of one and a half to two months although it incurred losses of RM763mil in the year under review.

source: The Star

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Posted in BN, BN government, jijik, kosong

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