www.fortune-future.com/index.php/article/trade/2008-09- -
[Cached Version]
Published on: 9/15/2008
Last Visited: 9/17/2008
Taib Mahmud, Chief Minister of Sarawak since 1981, owns rapacious corporations like Naim Cendera and Cahya Mata Sarawak.
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Taib refuses to answer questions thrown at him regarding his wealth.His long reign as "Robber Baron of Sarawak" has become synonymous with ecocide and ethnocide on a massive scale.
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Even so, has there ever been any proper assessment of the market viability of such a project with the cheaper operating costs in China?Does it matter that the co-owner of one of the smelters is none other than Cahya Mata Sarawak (CMS) Bhd Group that is controlled by Chief Minister Taib Mahmud's family business interest?Scandalous flaws in planningClearly, Bakun energy and Sarawak's tinpot governance do not inspire confidence in investors.