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MDeeA Corrupt, Only Interested in Persecuting CSJ

makapaaa

Alfrescian (Inf)
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<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR>July 18, 2009
</TR><!-- headline one : start --><TR>Mentors' stakes in start-ups <!--10 min-->
</TR><!-- headline one : end --><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Nur Dianah Suhaimi
</TD></TR><!-- show image if available --></TBODY></TABLE>




<!-- START OF : div id="storytext"-->IT WAS no secret.
The Media Development Authority was fully aware that several of the mentors it appointed to recommend interactive and digital media start-ups for funding held stakes in the companies they rooted for.
The mentors had declared their stakes before funding was approved. In fact, MDA not only approved the funding, it also viewed the mentors' stakes in the companies favourably.
Read the full report in The Sunday Times.
 
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