Foul!

Malaysia is among the countries which registered the highest illicit financial outflows from 2001 to 2010 period, according to the Global Financial Integrity (GFI). The Washington DC-based GFI said in its report that from 2001 to 2010, a massive US$285.24 billion (RM860 billion) have flowed out illegally from Malaysia, according to the latest edition of business weekly "Focus Malaysia". Read the full report by Bernama here . I've written about this in the past. Yet, the script remains the same. And one of the contributors to illicit financial outflows - football betting and match-fixing. Time to legalise football betting so that the government can make some money from it? Hopefully that will stop match-fixing? After all, if the funding arm of the Sports Ministry obtains millions from a lottery company, why not money from football betting channelled to the development of the sport at the grassroots? HD says: Hmm...

Selangor police, had on Thursday, shut down a multi-billion ringgit international gaming syndicate in Kajang. Police raided six houses in Country Heights and arrested 144 Chinese and Taiwanese nationals. This led to my live interview with BBC yesterday. I've been writing about football betting for quite sometime and even remember when the government was first keen to issue Berjaya's Ascot Sdn Bhd football betting licence but only to retract due to opposition from the opposing political parties and certain quarters of the masses. Clearly, Berjaya boss Vincent Tan wasn't too pleased, as seen here . No proper study was done on the matter. The opposition managed to use it as a political tool to serve their agenda. The same was seen when a cargo from Israel docked at Port Klang recently. Opposition supporters protested but wasn't Anwar Ibrahim aware the government relaxed the the law with regards to trade with Israel-based companies during his time as Finance Minister? Read...