Jan 29 2007
It seems Malaysian prime minister Badawi is a die-hard fan of Britney Spears and the song he loves so much is none other than “Oops I Did It Again”. After the recent rumors of the prime minister buying a RM30 million yacht as reported by a newspaper in Turkey of which he denied, Reuters reported that Badawi ordered a new $50-million luxury jet despite a promise to rein in spending since he took office three years ago.
The Airbus A319, ordered by state leasing firm Penerbangan Malaysia Bhd, will be used by the prime minister, the king and other top leaders, a source close to the deal told Reuters. Delivery is set for July after it is fitted out in Switzerland, the source said. “The purchase 
was confirmed last year,” the source said. “It will join an existing VVIP fleet.”
was confirmed last year,” the source said. “It will join an existing VVIP fleet.”The prime minister’s office had no immediate comment. Abdullah returns home later on Monday after attending the World Economic Forum in Davos, Switzerland. “There’s no justification for such acquisition,” parliamentary opposition leader Lim Kit Siang told Reuters. “It’s most unfortunate the whole thing has been done without transparency and without coming to parliament for approval.”
Political analyst and former newspaper editor A. Kadir Jasin said: “The corporate jet will punch a $50-million hole in our pocket. That’s a big hole. It’s equivalent to about 175 million ringgit, which can build a lot of classrooms, hospital wards and not to mention mosques and rural roads for the people.”
Wonder what will the prime minister buy next? … hmmm, maybe a super-cruise such as the “Queen Elizabeth”.
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January 29th, 2007 by financetwitter
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