INSTANT MILLIONAIRE
RM1 MILLION is what Malaysia's Beijing Olympics gold medallist if there is one stands to receive from the Government.
A silver medal will be worth RM300,000 while bronze will fetch RM100,000 but it is obvious that for the Cabinet Committee for Sports, the focus of the 34 national athletes who have qualified for the Olympics should be winning gold.
Deputy prime minister Datuk Seri Najib Razak announced the new incentive amount after chairing the Cabinet Committee meeting in Parliament yesterday.
It is also learnt that the initial proposal had been RM300,000 for gold, RM200,000 for silver and RM100,000 for bronze, still a hefty increase from the RM160,000, RM80,000 and RM40,000 on offer before.
Singapore is offering S$1 million (RM2.3 million), as are several other countries.
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