TTF: Telling a lie over and over again will not a truth make, Mahathir (see news item, far below).
There was a time when that trick worked, as back then, there was anger and resentment towards UMNO by those who believed that the government deliberately burdened the people with the implementation of GST.
Pakatan got people believing such lies and promised all sorts of things, including free tolls, free education, the scrapping of this and the scrapping of that.
Today, the people have grown wiser and can see that the government is actually rebranding everything the previous administration already accomplished and is simply demanding credit for it.
The man on the street can now see that the SST brought more hardship to him and that the government does not know how to manage the economy.
Nobody believes that the national debt is RM1 trillion no matter how many times you or your goons in the Malaysian Cabinet repeat it.
That should tell you that nobody believes the lies you’re spreading regarding Tabung Haji no matter how many times you choose to speak them.
TTF has already provided the facts and figures to show Malaysians how and why TH is being manipulated (refer links below).
I think it’s come to that point, Mahathir, where you should realise you’re nothing but a washout and no longer have your finger on the pulse of the nation.
I think it’s time you called it a day.
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad assured depositors that their money in Tabung Haji (TH) would be properly managed by the Pakatan Harapan government.
He said TH had been ill managed over the years, resulting in not making much profits.
“Actually, they are not making any money, so they take the deposit and pay as dividends, so a lot of people keep their money there because they see a lot of returns from the investments.
“This cannot go on forever,” he told a news conference at the Al-Bukhary Foundation here, today.
Dr Mahathir said in order to ensure that people continued to keep their money in TH, the government would pay dividends to depositors using the returns from the investments that it made even though the amount might be small.
“This means the people who want to perform the haj would still be willing to put money (in TH) because it will be well managed, not like before where the deposits of pilgrims were used to subsidise pilgrimage and also declare dividends,” he said.
Early this month, TH announced dividend distribution for 2018 at the rate of 1.25 per cent, the lowest in its history.