if MIC has even the littlest finger in this project to ensure three per cent Indian equity participation by 2020,
if MIC is to be trusted to assist in Permodalan Nasional Berhad (PNB)'s management of a scheme that would allow Indians to own shares without going through the difficult process of getting bank loans,
if MIC is to be trusted to be the contact point [aka middleman] of Indian contractors being allowed to bid for selected government projects
if MIC is to be trusted to be party to the issuance of licences to Indian contractors to carry out projects, especially Class F contracts
then our government is really, truly an ass of the highest degree.
Up to today, MIC has never explained what happened 9 million Telekom shares that were originally offered to Maika Holdings had been rechanneled to three unknown companies, SB Management Services Sdn. Bhd., Advanced Personal Computers Sdn. Bhd., and Clearway Sdn. Bhd.
Google Maika Holdings Telekom and read what comes out. Nothing good. Nothing which will make you feel like you could trust the idiots at MIC. Nothing, nothing, nothing.
Read about how MIC hogged a "RM3mil land" in Bandar Utama, enriching their coffers instead of putting it into a trust for MAIKA holdings, for people who had pawned their jewellery and borrowed money to invest in MAIKA. See where their trust lead them.
Lulu would rather trust Cruella de Vil with your dalmations [Lulu got no dalmations-ma...] then trust MIC to administer any funds for the Indians.