Fighting for Malay supremacy doesn’t tackle real Malay problems FMTNews FMTEng
At a recent forum on the lack of old-age security in Malaysia, a representative of the Employees Provident Fund did not mince words when she said the future for many private sector retirees looked bleak, based on the savings they held with the fund.
Bumiputeras aged 55 and below comprise 65% of the EPF’s 15.8 million members. But they contributed just 40% of the RM930 billion in total savings that the fund held in this category prior to the Covid-19 pandemic. The total savings of the Chinese aged below 55, on the other hand, shot up from 51% of the total prior to the pandemic to 57% today.
This issue has been left to fester under the noses of Malay leaders. Umno led the country through much of its history, with Dr Mahathir Mohamad, the frequent and vocal defender of Malay rights, at the helm for decades. Don’t these leaders who are harping on about race and religion understand the help their community really needs?A former officer of the Malaysian Anti-Corruption Commission recently said that during his time, most of those nabbed for receiving bribes were Malay-Muslims while givers were mainly non-Malays.
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