How to become rich with the new fuel subsidy scheme

KUALA LUMPUR, Thursday – Pos Malaysia Berhad (PMB) today announced that in line with yesterday’s decision made by the Government on fuel subsidy, PMB has been appointed as the agent for disbursement of this subsidy to eligible vehicle owners. Eligible Malaysians can start to claim the subsidy at all 686 post offices countrywide effective on 1 July 2008.

As announced by the Government, vehicles with valid Road Tax from 1 April 2008 until 31 March 2009 are entitled for the annual subsidy. Owners of cars up to 2,000 cc as well as pick-up trucks and jeeps up to 2,500 cc will receive RM625 for each vehicle. Motorcycles up to 250 cc will receive RM150 each.

Vehicle owners who come personally to make the claim at post offices shall be paid in cash. Those who appoint third parties to claim on their behalf shall receive the Money Order that will be mailed directly to the owner’s address that is furnished to PMB when making the claim.

A day after the new fuel subsidy scheme has been announced, lots of people felt disaffection and totally affected the "Rakyat" living standard.

While government announced that a cash rebate RM625 will be given to a car with capacity less than 2000cc moment, have you ever think that the new fuel subsidy scheme is in doubt? Maybe the new fuel subsidy scheme was not clearly explained that day, quite a number of questions flying around me.

If let say Uncle Peter got many many cars in house, but most of the cars are not usable all the time since the cars life considered old and not capable (refer to the above images). However with the new fuel subsidy scheme implemented now, believe that Uncle Peter will gained RM625 per car. Totally earned RM1250. Wow......Uncle Peter even not need to buy any petrol but still can enjoy the subsidy.

Can you imagine that? Go and buy the old car now......you will become rich with the new fuel subsidy scheme. Why not?

Somemore, with this new fuel subsidy scheme, how to verify the eligible vehicle owners?

I just worry those "phantom" eligible vehicle owners come to reimburse the claims since our government still haven't a sophisticated system to indicate yet.