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Consumers penalised ..BY: By N. Gangadharan ..LD: IT seems that we have a system that has an in-built mechanism of ensuring perpetually increasing uncollected revenue. What else can explain Tenaga Nasional's uncollected revenue amounting to RM586.932 mill.

Asia Africa Intelligence Wire

| September 10, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From New Straits Times (Malaysia))

IT seems that we have a system that has an in-built mechanism of ensuring perpetually increasing uncollected revenue.

What else can explain Tenaga Nasional's uncollected revenue amounting to RM586.932 million from six major companies? Not long ago we also heard a more or less similar story involving the privatised Waterworks Department in Selangor.

Deputy Energy, Water and Communications Minister Datuk Shaziman Abu Mansor, answering a query in Parliament on why the companies were allowed to accumulate such huge debts, seems to have …

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