Days of profiteering off defence industry are over, says Hishammuddin

By JULIA CHAN
Datuk Seri Hishammuddin Hussein said the days of commission agents in the industry making huge profit margins above and beyond their commissions had to stop. — Bernama pic

KOTA KINABALU, Feb 9 ― Commission agents dealing with the Defence Ministry will be expected to “give back” after all the gains gotten from the industry over the years.

Its minister Datuk Seri Hishammuddin Hussein said the days of commission agents in the industry making huge profit margins above and beyond their commissions had to stop.

“This is not the place to make money, but if you do, make sure it goes back to the military.

“Of course you can still make money in this business but I want the excess money to be channelled back to the troops” he said when speaking to reporters after meeting members of the armed forces in the Lok Kawi army camp here today.

Hishamuddin said that there were all kinds of Corporate Social Responsibility programmes involving the military to do with housing, health and education and he wanted firms in the business to be more proactive in assisting them.

“For example, setting up a dialysis centre. Its costs nothing to these companies. If you are benefitting from the defence industry and its products, why not help the military and channel back the funds to help the veterans and families of the military men?,” he said.

Earlier this week, Hishamuddin visited the site of a proposed RM600 million project dedicated to the Veterans Hospital in Ipoh which is a joint venture between the public and private sector, whereby a private developer will bear the construction cost.

The hospital will also function as a Veterans Health Village with polyclinic facilities for senior citizens and other specialist facilities for cardiology, respiratory care, urology and neuropsychiatry, he said.