Miti denies role in Edu Ministry's scrapping of bumi equity rule for tuition centres
The Investment, Trade and Industry Ministry (Miti) has denied involvement in the Education Ministry’s decision to abolish the 30 percent bumiputera equity ownership requirement for private limited companies operating private educational institutions.
This came after the Education Ministry said yesterday that it reached the decision following discussions between the two ministries.
In its statement, Miti clarified that...
The Investment, Trade and Industry Ministry (Miti) has denied involvement in the Education Ministry’s decision to abolish the 30 percent bumiputera equity ownership requirement for private limited companies operating private educational institutions.
This came after the Education Ministry said yesterday that it reached the decision following discussions between the two ministries.
In its statement, Miti clarified that it has “no information” regarding the matter, highlighting that issues related to the bumiputera equity ownership policy fall under the Economy Ministry’s jurisdiction.
“Miti hopes this explanation helps clarify the role of the ministry in this matter so that information conveyed to the public is accurate and clear,” it added.
Malaysiakini has contacted the Education Ministry for a response.
The Education Ministry’s decision last night follows concerns from various sectors over the 30 percent bumiputera equity ownership requirement for private education institutions, including tuition centres, operating under company structures.
Result of Malay infighting?
However, Umno Youth chief Dr Akmal Saleh did not appear to take too kindly to the rule’s removal, alluding that Putrajaya is supposedly taking advantage of infighting among Malays to erode bumiputera protections.
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In a brief Facebook post this morning, Akmal (above) said: “(While) we are busy dividing ourselves, their work continues as usual. Congratulations, Madani!”
On Sept 20, the Education Ministry confirmed it will submit a proposal for the cabinet to review provisions related to the ownership structure of tuition centres.
However, it is unclear if the ministry still intends to submit the proposal on the provision, which it said was detailed in the Private Educational Institutions Policy Book published in 2006, since it has now been abolished.
Akmal is not even an elected MP. Who cares what the empty tin can says? He should be ignored, like we ignore the noise made by refuse collectors in the morning.
Akmal can say whatever he wants. The Education Ministry did the right thing to abolish the requirement.
Miti pushing the blame to the Education ministry and the Education ministry pushing the ball back to Miti One helmed by an incompetent PKR minister the other helmed by an Umno warlord newbie. That is how the useless Madani government works The right hand don't know what the left hand is doing and vice versa Both are ignorant about the global obsolete and redundant policies that touches on education, meritocracy, private business enterprise and freedom of trade and education in a multiracial and multi religious country. How to grow as a country?
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