Home TA Online Tabung Harapan: Where are all the billionaires’ donations?

Tabung Harapan: Where are all the billionaires’ donations?

Join us on Telegram and Instagram for the latest.

While contributions are voluntary, surely those for whom a few million ringgit is pocket change should be a wee bit generous, writes Sharp Observer.

I am flabbergasted to read that our Tabung Harapan (Hope Fund) has barely reached RM100m.

Where are the contributions from the entrepreneurs and billionaires who have made billions from projects and concessions in Malaysia funded by taxpayers? Surely they are morally bound to share some of their profits to repay our nations humongous debts that they may have benefited from in the first place.

While contributions are voluntary and no one should be forced, surely those for whom a few million ringgit is pocket change should be a wee bit generous.

On the other hand, can state governments and federal/state government-linked companies stop contributing to this Tabung. If these companies have extra funds, they should just pay dividends to the government so that it can be used to repay the debts. No need to donate when the money is not theirs.

State governments donating? Seriously? Most of them get allocations from the federal government so what are they donating for? Just donating back the money they have received from the federal government? Ridiculous.

Sharp Observer is the pseudonym of a regular follower of aliran.com

Thanks for dropping by! The views expressed in Aliran's media statements and the NGO statements we have endorsed reflect Aliran's official stand. Views and opinions expressed in other pieces published here do not necessarily reflect Aliran's official position.

Our voluntary writers work hard to keep these articles free for all to read. But we do need funds to support our struggle for Justice, Freedom and Solidarity. To maintain our editorial independence, we do not carry any advertisements; nor do we accept funding from dubious sources. If everyone reading this was to make a donation, our fundraising target for the year would be achieved within a week. So please consider making a donation to Persatuan Aliran Kesedaran Negara, CIMB Bank account number 8004240948.
Notify of
Oldest Most Voted
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x