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public bank RM 685 million is Public Bank’s 2009 net profit. Top 35 positions in the bank are Chinese and Malays. Qualified Indians excluded. Indians not meant to share country’s wealth.

As at 31/3/2010 the net profit of Public Bank is RM 685 million. We did a google search of Public Bank and the top 35 positions Public Bank- Board of Directors , Public Bank- Top Management are held only by the Malays and Chinese.

The qualified and deserving Indians have been discriminated and excluded by the Chinese banking community who control Malaysia’s economy. These Chinese have been forced to take in the Sultan of Pahang’s brother Tengku Abdul Rahman ibni Sultan Haji Ahmad Shah and many other Malays as non executive directors and other top jobs in Public Bank.

This is the same arrangement the economically powerful Chinese adopt in almost all of their other multi billion ringgit banking, corporate financial, industrial, small and medium scale industries etc. UMNO allows this arrangements to prevail as they get to use the Chinese expertise, finance, know how and technology so the Chinese and Malays in the private sector prosper together. The Indians are not meant to share the nation’s wealth. The hardworking and brainy Indians are merely used as the work horses.

The Indians in every other part of the world except in Malaysia have been given the equal opportunities to excel and they control mega businesses, banks, giant corporations etc. But in Malaysia 95% of the hardworking and entrepreneural minded, even besi buruk and car wash Indians, are denied their licences simply because they are Indians and not Malays or Chinese.

P.Uthayakumar

 

RM685 Million is Public Banks 2009 net profit

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