ANGKASA should stop extravagance

Thuraisingham Shun, Kuala Lumpur

On December 18 and 19, 2009, an unapproved sum of RM500,000 for a dinner and campaign extravaganza, with a hefty sum for carpetting the venue of the dinner, was made at the expense of ANGKASA. The carpet purchased for the venue of the dinner now graces the storeroom in the ANGKASA premises. Another dinner was set on January 26 2011 to fete the outgoing Chairman of the Malaysian Cooperative Societies Commission, with top officials of ANGKASA and top brass of the Malaysian Cooperative Commission set to attend the Dorsette dinner. Thousands of unauthorised funds have been set aside with provisions for gifts. Is this dinner deemed a golden handshake for no action being taken against ANGKASA officials, in spite of various reports of mismanagement, misappropriation and other complaints? The financial year ending of ANGKASA was 30 June 2010, and the Board whose composition is being queried has been on a spending spree, without convening a General Meeting to obtain a budget approval. This Board which is in a caretaker capacity should refrain from expanding unapproved funds. The writer is Cooperative Consultant, Cooperative Union of Malaysia & Midlands Cooperative Union Isu Berkaitan Angkasa  Sumber http://bit.ly/gIoZ8X