Massive Debt Leads To FIM Suspending Malaysia
FIM issued a statement regarding this a while ago
So one of our readers sent in a picture of a statement put out by the Federation Internationale de Motocyclisme (FIM), which is the global sanctioning body of motorcycle racing. This statement shows a list of countries which will have their FIM services suspended due to unsettled debt and Malaysia is one of them… Great…
That’s not all, our dear reader also included his own statement regarding this which he shared with us too. He said, “This was floating around Whatsapp and a while ago, it found its way to my phone. Even though this message showed up uninvited.”
“Motorsports Association Malaysia (MAM) has been suspended by the FIM as of 3 November 2022 for failing to settle their outstanding debt of €19,478 (RM92,121). This news shocked the local motorcycle community.” He added.
“So the leaders of the country can proudly strut around in expensive cars worth millions if ringgit, but they can afford to pay just RM92,000 and just allow the country’s image to be ruined like this in front of an international stage? This is embarrassing.”
I think I speak for most Malaysians when I say that I echo this sentiment. We have stood by quietly as the very people responsible for bringing pride to our flag, our nation just clowning around and lining their own pockets and the pockets of their cronies. This has gone on long enough, I think and I would love to see some genuine change.
Okay, now that I have vented out my frustrations, let’s get back to the topic at hand. On the list of FIM suspensions we also see FIM subsidiaries like FASM in Algeria being suspended since January of this year for an outstanding debt of €3,937.62 And El Salvador owing €736.00, how is that even possible?
On top of that, the second largest outstanding amount is €10,836.00 and it is owed to the FIM by Latvia. How is it that of all these countries listed here, Malaysia owes the most money? If we do the math, that means Malaysia alone is responsible for 35.99 percent of the total debt owed to the FIM. Truly embarrassing.
Then again, with what our reader has already mentioned, is anyone surprised? I may be wrong about this but I saw a Tik Tok video the other day stating that Malaysia ranks among the top 50 countries in terms of corruption and is among the highest in ASEAN, so things like this are definitely contributing factors if this is true.
Thank fully, MAM seems to have rectified this issue based on their statement in the above image but I really don’t know what else to say so I will just remind everyone to make smart decisions especially when voting in the upcoming general elections as the average Malaysian cannot survive this kind of corruption much longer.
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