Hot Air?

I find it disturbing that reading from two different news portals gives me two different kinds of news. It makes me wonder if the government-owned newspaper is hiding something. In the Star, the PM was quoted to have said:

Before I sleep , let me clarify that the 1Malaysia E Mail is a private sector project. No public money is involved n entirely voluntary

I seriously hope that helps him sleep soundly at night, because first of all, I would like to know who was the one who appointed Tricubes as the "implementer". In the Malaysian Insider, MP Tony Pua calls all the EPP announcements window-dressing. I don't see any mention of Tony Pua in the Star at all. Talk about balanced coverage. Here are some excerpts:

Is the Najib administration so desperate to showcase the ‘success’ of the ETP that it has now taken to announcing multi-billion ringgit worth of projects which are nothing more than hot air as at this point of time?

He pointed out that Najib had made public the RM9.6 billion Karambunai project before finalising anything, citing Petaling Tin Bhd’s filing to Bursa Malaysia yesterday stating that it had not signed any agreement to do the project yet.

Pua also criticised the prime minister for allowing loss-making Tricubes Bhd to helm the RM50 million 1 Malaysia e-mail project, a plan which has attracted widespread criticism from the public.

The Petaling Jaya Utara MP questioned how Tricubes, at risk of being delisted from the ACE market after its weak finances triggered Guidance Note 3 (GN3), would be able to finance the project. 

Well, the funding has to come from somewhere if it is not from the government. I wonder which "government-related" bank is going to be called in to help fund the project. This is probably another NPL waiting to happen.