COMMENT | Why reward failure?

COMMENT | The littoral combat ship (LSC) scandal is worse than the 1MDB saga and yet no one has been found responsible, no former defence minister has been grilled and no explanation has been offered. It's business as usual in Putrajaya.

On Aug 21, The Edge reported that Boustead Heavy Industries Corp Bhd (BHIC) sold its 20.77 percent stake in Boustead Naval Shipyard Sdn Bhd (BNS) to the Ministry of Finance (Incorporated) for a nominal sum of RM1.

To the casual observer, it looks very much like a bail-out and we are still in the dark about the role played by former defence ministers of defence, ministry officials and corrupt cronies.

What did the taxpayer do to deserve all of them?...