Businessmen with titles who siphon money meant for projects into their own pockets have to be brought to justice. These loans are meant to support projects, not for their personal expenditures and indulgences. —123rf
IT is common knowledge that most of our top business tycoons have, at some point in their careers, made flawed decisions that led to losses.
None of these big names have had easy paths to where they are. They have often put their company’s money, or their own, into ventures that failed to return any profits or worse, even failed to take off.
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Wong Chun Wai
Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 35 years in various capacities and roles. He is now group editorial and corporate affairs adviser to the group, after having served as group managing director/chief executive officer. On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star.
