President Tan Sri Ramon Navaratnam makes a valid point.

“This is the fundamental difference between the public and private sectors. A CEO must show results in terms of profits, but in Government, there is no profitability so there is no priority. You only need to show that you are spending, but not how you spend it.”

“After some time, this leads to a lack of accountability and transparency because hardly anyone is penalised,” he says.


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