Monday, May 11, 2009

Simple Mathematics - Part 1 of 2

A lot of times politicians think the public/rakyat are stupid. Real stupid!

One such politician is the ex-MB of Selangor who happens to be dentist by training.

Let us look at simple mathematics.  

If a person earns RM50,000 per month, the yearly salary would be RM600,000.  

This is a gross figure.  We have not deducted EPF contribution, taxes/zakat and the likes.  If we were to minus all the deductions then the "take home" pay would be much less.

It has been alleged that an ex-MB of Selangor from UMNO has built a home costing RM14 million some where in Shah Alam.  

Assuming that his take-home pay is RM50,000 per month and this figure is taken after deducting all his expenses, it would take him 280 months (23.3 years) to save up to RM14 million.  For simplicity sake, let us assume that there are no interests or dividends earned from the savings.

If such savings were indeed possible, then this dentist would have been making such savings since he was 21 years old.

But when he was 21 years old, he was still a dentistry student in University of Malaya!

So how is it possible for this dentist to amass such wealth through his monthly salary if he is not involved in business?

If he is (or was) involved in business, was it allowed?  What business was it?

Or was he involved in abuse of power during his tenure as MB of Selangor?

A lot of insinuations and allegations can be made.  It is the duty of the Malaysian Anti Corruption Commission (MACC) to initiate an investigation into these insinuations and allegations on the ex-MB of Selangor.

If Najib is serious into wanting to regain public trust towards UMNO/BN, he should seriously consider requesting MACC to investigate.

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