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Showing posts with label scandals. Show all posts
Showing posts with label scandals. Show all posts

Sunday, March 18, 2018

PAS now offers prosperous Sabah without Hudud? Not believable

The Malaysia Today reported that PAS would aim for a prosperous Sabah without Hudud. But can we trust PAS? I would say an emphatic NO!

Remember that earlier had talked about PAS for all when they contested against UMNO/BN together with the now defunct Pakatan Rakyat, but on winning the 13th General Election under Hadi leadership, they submitted a bill to the Parliament that is equivalent to introducing Hudud despite objections from other Pakatan Rakyat component parties.

Not only that, PAS wants to enforce Hudud in Peninsular Malaysia, but now offers "no Hudud" in Sabah for expediency reason merely because they want to win power in Sabah and since they have gone back on their promises (remember PAS for all? plus going against the agreement to decide on consensus basis in PR) there is no guarantee they will not go back on their promises to Sabah.

Remember decisions in Pakatan Rakyat are made subject to consensus and clearly that step to introduce the "Hudud" bill did not receive consensus of of PR component parties leading to breakup of Pakatan Rakyat.

And what did PAS do after that? PAS started overtures to get close to UMNO/BN despite knowing of all the scandals that had been committed by UMNO/BN. Not only that, they did not raise their voice against all the wrong doings of UMNO/BN including the heinous 1MDB scandal

How a party professing religion can ignore such wrong doings I do not know.

Friday, February 9, 2018

Does this sounds familiar? Is Malaysia doomed?

Ayn Rand quote

When you see that trading is done,
not by consent, buy by compulsion -
when you see that in order to produce,
you need to obtain permission from
men who produce nothing - when you
see that money is flowing to those
who deal, not in goods, but in favors -
when you see that men gets richer by
graft and by pull than by work, and
your laws don't protect you against
them, but protect them against you -
when you see corruption being
rewarded and honesty become a
self-sacrifice - you may know that your
society is doomed."

- AYAN RAND

Wednesday, February 7, 2018

Unjust Malaysia, culprits go free but whistleblowers jailed

Malaysia is becoming more and more unjust. Rafizi Ramly and a bank clerk blew the whistle on Sharizat Jalil's family members

Rafizi ramli and johari jailed while thieves become datuk seri and tan seri

In the notorious cows and condos scandal where much of the RM250 million money meant to help poor farmers were used to buy expensive condos were exposed by Rafizi Ramly. Then Rafizi Ramli and ex bank clerk Johari were sentenced for disclosing confidential banking information on Shahrizat Jalil’s family members and a few companies owned by them. So the guilty party goes scoot free while whistleblowers were sentenced to jail time. Is that just?

This morning, the Attorney-General's Chambers asked for an RM500,000 fine and a prison sentence.

Luckily, the judge passed only a prison sentence because otherwise, I wouldn’t have the money to pay and would have to be taken to prison straight away.

So the fight must go on and I will see you soon. In the meantime, let’s work together to put an end to this, once and for all.

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Friday, May 18, 2012

SUARAM: Scorpene submarine corruption case in French court

Here is the shocking video of the press conference by Cynthia Gabriel of SUARAM revealing shocking correspondences and circumstances regarding the multi-billion purchase of the Scorpene submarines in the French court:



Cynthia revealed that Najib Razak had written a letter demanding RM1 billion for Perimekar stay in Paris prior to his arrival in Paris.

Friday, April 13, 2012

List: UMNO/BN corruptions and scandals

Here is a list of UMNO/BN corruptions, scandals and other misdeeds courtesy of Jackson Ng, Retired Journalist from his letter to Malaysia Today - Liow! It’s BN that is bankrupting M’sia!

Jackson listed altogether 70 totalling mult-billion ringgits:

1. PKFZ RM12 billion
2. Submarine Commission RM500 million
3. Sime Darby RM964 million
4. Paya Indah Westland RM88 million
5. Pos Malaysia (Transmile) RM230 million lost

Sunday, December 11, 2011

NFC CEO and Directors salary

The NFC (National Feedlot Corporation) got a RM250 fund from the UMNO/BN government to start a project to reduce the dependence of the country on imported beef. The NFC CEO is Sharizat Jalil's husband and their directors are the couple's children. Do you know what are their salaries like for running a failed project on the public's money?

CEO: RM100,000 per month
Eldest son age 31: RM45,000 per month
Second son age 27: RM35,000 per month
Third son age 25: RM35,000 per month
Total salary per month RM215,000 per month

Total salary per year: RM2.58 million for running a failed project on yours and my money,

"Dengar cerita CEO NFC (suami Sharizat) dpt gaji 100k sebulan, anak sulung (age 31) dpt gaji 45k sebulan, anak kedua (age 27)dpt 35k sebulan, anak ketiga (age 25) dpt 35k sebulan. Jika ini betul, ia sesungguhnya memalukan. Ambil duit rakyat buat bayar gaji besar.
Anak saya pun graduate juga. UPSR, PMR, SPM dapat semua A. Umur 24 tahun. Kerja swasta. Dia pun work hard. Balik kerja paling awal jam 9 malam. Kadang2 sampai 1 pagi. Gaji dia RM2,700/sebulan. Adakah anak saya akan sokong BN/UMNO kalau begini keadaannya? Saya dah tahu jawapannya. UMNO tak boleh kelentong orang cerdik. UMNO is not capable of changing, not with the current leaders.
When more than 50% of our working population is earning less than RM2k/month, tak tahu malu ke mereka-mereka ini. Merompak siang dan malam, 7 hari seminggu. Perompak Ali Baba P Ramli pun ada cuti hujung minggu.
8 December 2011 15:12


Source: A Single Spark that starts the prairie fire?

Thursday, December 1, 2011

Sharizat refused to respond to questions regarding NFC

What is wrong with Malaysia when tiny or non-irregularities are investigated and right or wrong, the party involved is prosecuted and persecuted for alleged minor offence like the infamous Teoh Beng Hock death incidence.

However, allegations of the improper use of the RM250 million to the NFC (National Feedlot Corporation) being given the the family of Sharizat allegedly being abused, like the funds being used for personal expenses, Umrah (pilgrimage) and holidays by Sharizat and family, purchased of high end condominiums and Putrajaya land are glossed and not given any explanation by Sharizat and the allegations are not denied. Worse, the irregularities are deemed non-criminal by the Police.

So what is wrong with this country? It is time for a regime change but change will not be easy to come.

Article below contributed by Malaysiakini: Sharizat unmooooved by questions about NFC.:

Shahrizat 'un-moooved' by questions on NFC

2:12PM Dec 1, 2011

Wanita Umno chief Shahrizat Abdul Jalil today refused comment on the over the National Feedlot Corporation (NFC) fiasco, just a day after delivering a fiery speech condemning her critics on the subject.
At a press conference today after Umno president Najib Abdul Razak's policy speech at the Umno annual general assembly, Shahrizat was asked if she was a party to the cabinet's decision to approve the NFC project.
NONETo this, Shahrizat raised her eyebrow, shook her head lightly and waved her right hand to indicate that she will not respond to that question.

Instead, Shahrizat gave her response to Umno president Najib Abdul Razak's policy address and hurriedly left the press conference, ignoring further queries from the press.

Yesterday, Shahrizat had condemned her critics for attacking her and her family over the NFC project, which was highlighted in the Auditor-General's Report 2010.

Shahrizat avoiding press

The project was awarded to a company owned by Shahrizat's family in 2007 under Abdullah Ahmad Badawi's administration when Shahrizat was a serving cabinet minister.

NONEIn her speech at the Wanita Umno AGM yesterday, Shahrizat said the NFC project had nothing to do with her.

Her critics, primarily PKR, had claimed NFC had abused a RM250 million soft loan to purchase luxury condominiums and funded oversea trips.

Just hours after Shahrizat's speech, PKR hurled fresh allegationson the NFC, accusing the company of abusing funds to buy land in the administrative capital of Putrajaya and a luxury car.

Following this, the normally affable and chatty Shahrizat did not call for any press conferences after her speech yesterday. In contrast, her Youth wing counterparty Khairy Jamaluddin met reporters twice.

DPM, KJ mum

At another press conference earlier today, Deputy Prime Minister Muhyiddin Yassin, who has been backing Shahrizat thus far, declined comment on PKR's fresh allegations.
"I don't hope that the opposition will praise us. We work hard, they don't praise us; We do the right thing, they also don't praise us. It has become a norm to us," he said.
NONEKhairy, who had wrote a long article in defence of the NFC project, too refused comment on the fresh allegations.
"I have not had a chance (to talk to her on the matter)," he told a separate press conference this morning.
Former Prime Minister Dr Mahathir Mohamad, when met at the sidelines of the AGM, said Shahrizat is capable of assessing whether the issue will cause damage to Umno.
Asked if she should resign, Mahathir replied: "I don't know".

Wednesday, November 16, 2011

National Feedlot Corporation (NFC) and Najib’s “Non-transformation programs”

NFC puts Najib's transformations in poor light

Kim Quek
1:08PM Nov 16, 2011

COMMENT By BN standards, the National Feedlot Corporation project scandal is no big deal, as it involves no more than RM300 million of public funds.

NONEBut the intensive debate over it has allowed us to gauge the country's current state of governance, and more importantly, whether there has been a paradigm shift in the BN leadership under the various transformation programmes brought in by Prime Minister Najib Abdul Razak (left).

The current scandal is typical of BN misadventures with public funds; a large sum is given to an incompetent crony who squanders the money without bringing the project to fruition.

And the response by BN leaders, from the prime minister down, has been nothing but a series of cover-ups and excuses.
There has been no attempt to face the problem squarely and come up with effective remedial measures.

The culture of transparency and accountability seems to be alien to these people, despite hundreds of millions of taxpayers' ringgit being dumped to trumpet Najib's many ‘transformations' for the country.

The National Feedlot Corporation Sdn Bhd (NFC) was given the task to "transform the Malaysian cattle and beef industry into a world-class halal beef producer", according to news agency Bernama, reporting on the signing ceremony of the RM250 million soft loan on Dec 6, 2007.

Target production was 60,000 heads of cattle for Phase 1 from the feedlot in Gemas. Operation was scheduled to start in February 2008.

NFC in a mess

Four years on, the auditor-general in his 2010 report stated that the NFC project was in a mess. The total number of cows slaughtered was only 5,742 up to November last year.

Even by the scaled-down target of 8,000 cows per year, the project is a flop.

NONECompounding this unpalatable report is the discovery of money being misused, such as RM10 million to buy a luxurious condominium and over RM800,000 for overseas travelling and entertainment in 2009, despite the company running at a loss of RM7 million in 2008 and RM11 million in 2009.
It looks like NFC will meet the same fate as so many other BN forerunners such as the PKFZ, Perwaja, etc - besides losing hefty public funds, the dream of transforming this or that is gone.

And who owns NFC? The family of Shahrizat Abdul Jalil, Women, Welfare and Community Development Minister, and head of Wanita Umno.
Her husband, Mohamad Salleh Ismail, is the chairperson, and of her children, one is CEO and two are executive directors of the company.

Expertise and experience in the business of cattle production and beef supply of the Shahrizat family is nil.

There are more than 300 feedlot farms in this country, and many established businesses in the beef supply industry.

With our people's accumulation of expertise in this area, shouldn't we have entrusted the important mission of boosting domestic beef production to entrepreneurs who are better qualified than the Shahrizat family?

Top guns to the defence

Added to the comedy is the scrambling to defend NFC and Shahrizat by personages no less than the prime minister, the deputy prime minister, the agriculture and agro-based industries minister, the Umno Youth leader, and now the latest, former prime minister Abdullah Badawi.

The PM said in Parliament on Nov 11 that there was no wrong-doing, and that production will soon increase to "12,000 cattle from 6,000 previously".

NONEThe DPM, who started the project when he was then the minister involved, said in a press conference on Oct 29 that he saw nothing "unusual or anything wrong" with the project and passed the buck to current Agriculture Minister Noh Omar, to answer further questions.

Noh (left) denied any impropriety in the award of this project and called the project a "success", giving various reasons for the meagre production.

Umno Youth leader Khairy Jamaluddin, who holds no government post, has strangely emerged as the most vocal defender. However, his lengthy discourse seems to excel more in offensive language than in helpful facts.

And even former premier Abdullah Badawi has come to Shahrizat's rescue. He said on Nov 15 that there was no need for her to resign as she is not the CEO and hence not involved. This was in answer to repeated calls for Shahrizat to resign.

Strangely, no one seems to have called for the two ministers concerned to be brought to book - the previous agriculture minister (now DPM) Muhyiddin Yassin for having dubiously awarded the project to an incompetent recipient and the current minister Noh Omar for failing to properly oversee the execution of the project.

As for our corruption watchdog MACC, it had remained eerily silent since the scandal broke out almost three weeks ago until the scandal got overheated and it passed the buck to the police two days ago, saying that this is a police case, not a MACC case.

Will police do anything? Your guess is as good as mine.

There you are, Najib's transformations for you.


KIM QUEK is a retired accountant and author of the banned book ‘The March to Putrajaya’.



Source: Malaysiakini: NFC puts Najib's transformations in poor light

Thursday, March 24, 2011

Anwar sex tape - real or doctored? His Facebook posting

Kim Quek's detective work to investigate whether "Anwar" sex tape is a genuine portrayal of Anwar's extra-marital activity or not at Malaysiakini: Datuk T's sex video - Anwar was on Facebook

That "Anwar Ibrahim" sex tape was supposed to be recorded from 10.23pm to a0.45pm. So in order to find out whether it really was Anwar in that tape, we just need to look at his Facebook posting activities around that period.

According to Kim Kuek's investigation, Anwar had made Facebook posting at 10.40pm, 10.49pm, 10.50pm, and further another 7 more postings up till 11.28pm. So this indicates Anwar could not have been in that hotel room having sex with that female prostitute with a man watching.

Further that love-making part lasted 17 minutes while the tape duration was 22 minutes leaving only 5 minutes for the other activities featured in the tape:

1. "Anwar look-alike" (now called Mr X because of doubts created) walked into room with a male who gave instructions to a prostitute.
2. couple undressed
3. female walked into bathroom to take a bath
4. Mr. X wiped his lower body parts
5. Mr. X came out from bathroom, dressed himself and walked out of the room

Could all those above activities be completed withing 5 minutes?

Wednesday, October 20, 2010

Cancer Institute cost jump to 700 million

Another case of crony capitalism by UMNO/BN. The Cancer Institute which was supposed to cost RM340 million (even this figure is likely inflated) and scheduled to be completed June 2009 has now balloned to RM700 million and still only in the "final stages" of construction. It would not be a surprise if the cost jump even further

Cancer institute's price doubles to RM700 million
Joseph Sipalan
Oct 20, 10
3:19pm
Share
PARLIAMENT The opposition bench today launched new salvoes at Prime Minister Najib Abdul Razak and his far-reaching government transformation plan (GTP), this time claiming that the construction cost of the National Cancer Institute in Putrajaya had jumped by 100 percent to RM700 million.

PKR Machang MP Saifuddin Nasution (right) said the institute was initially supposed to cost RM340 million as indicated under the Ninth Malaysia Plan of former premier Abdullah Ahmad Badawi.

Saifuddin said the project, which was launched by Abdullah on Jan 9, 2007, was scheduled to be completed over 30 months by June 2009.

“But on March 10, 2009, the then Deputy Health Minister (Dr Abdul) Latif Ahmad said in Parliament that the institute is in the final stages of construction and will cost RM700 million,” he said at a press conference in Parliament.

“Twenty four months after the project was announced, the cost escalated by 100 percent,” he said.

Source: Malaysiakini: Cancer institute's price doubles to RM700 million

Tuesday, October 19, 2010

RM64 billion bill compensation to PLUS to freeze toll rates

PLUS toll plazaThis is a scandal of foisted upon Malaysians by UMNO/BN who under Dr. Mahathir, signed grossly lopsided agreements with PLUS and other toll road operators with obscene guaranteed profit and regular toll rate increases. Now because UMNO/BN fears upsetting the voters, they have frozen toll rates for 5 years and open themselves to potential RM5 billion compensation to PLUS for the five years. If toll rates are frozen till the end of the concession agreements, the compensation balloons to RM64 billion. What has UMNO/BN wrought upon the suffering nation:

'Populist' toll freeze may cost rakyat RM64 bil
Joseph Sipalan
(see video)

The government may end up forking out RM64 billion to compensate Plus Highways Berhad, if it intends to freeze toll rates till the end of the concession term in 2038 as a populist move, said DAP publicity secretary Tony Pua.

Taking the going estimate of RM5 billion in compensation for the recently announced five-year freeze on toll rates on four of Plus' highways, he said it makes no sense for the government to make such an “obscene” pay-out just to keep voters happy.

“Given the circumstances where the government is fearful of increasing any toll rates due to a potential voter backlash, should the toll rates be frozen all the way till the concession expires, the total compensation that needs to be paid over the next 28 years will amount to a mind-boggling RM64 billion,” said Pua at a press conference in the parliament lobby today.

Pua (right), who is also Petaling Jaya-Utara MP, said it would be more sensible if the government instead takes over Plus Expressways Berhad rather than to allow the Employees' Providence Fund (EPF) and UEM Berhad to buy over the toll concessionaire

Repeating the DAP's proposal to nationalise toll concessionaires, he said it would cost the government RM23 billion to buy-over Plus, based on the RM4.60 per share offer by the UEM-EPF joint venture.

Assuming that the toll rates are then frozen for 14 years, the government would still recoup its investment and allow it to either make the highways toll free or charge just minimal fees for maintenance, he said.

“It absolutely does not make sense for the government to be compensating an obscene amount of RM5 billion to the concessionaire, or possibly even as high as RM64 billion over the entire period, when the cost of directly acquiring Plus will only be RM23 billion as offered by UEM-EPF.

“Unless of course, the government is intent on making Malaysians suffer,” he said.
Najib's (left) Budget 2011 speech last Friday highlighted a freeze in the earlier planned toll hike on Plus highways, one of many populist moves that prompted critics to label the budget an “election budget”.

Earlier, Pua had criticised the planned buy-over of Plus Expressways Bhd saying that while the EPF's main task is to ensure fund contributors receive dividends, Plus was "sucking" ordinary citizens who are paying high toll rates due to lopsided highway concessions.

"This is not the way for EPF to generate returns for the people. The government might as well just create more highways with unfair contracts and let EPF manage them.



Source: Malaysiakini: 'Populist' toll freeze may cost rakyat RM64 bil


From Malaysian Insider: Guan Eng says toll-freeze meaningless:

Guan Eng says toll-freeze meaningless
By Clara Chooi October 19, 2010
KUALA LUMPUR, Oct 19 — Penang Chief Minister Lim Guan Eng threw a wet blanket today over the five-year toll freeze for Plus highways, pointing out that it was “meaningless” and would only lead Malaysians into greater debt.

He explained in a statement that while the people would save on toll money, they still end up paying toll-road concessionaire Plus Expressways Bhd large compensations.

UEM Group managing director Datuk Izzaddin Idris revealed yesterday that the five-year toll freeze could cost the government some RM5 billion in compensation payments, which is about RM170 per Malaysian.

If added to the outstanding RM2.5 billion presently owed to Plus, the government would have to foot a staggering RM7.5 billion bill to the company.

Izzaddin however added that although compensations averaged at RM1 billion each year in the past, the actual sum to be paid to Plus for the five-year toll freeze still needed to be finalised with the government and could cost less than RM5 billion.

Lim said today that the compensation payments would only lead to an unhealthy increase in both Federal government debt and debt service charges.

“DAP is shocked at the revelations by UEM Group’s Datuk Izzaddin Idris that toll highway operator Plus could be compensated as much as RM5 billion by the Federal government over the next five years for not raising toll rates.

“Clearly freezing toll rates is meaningless as the people still has to pay through compensation payments by the government,” said Lim, who is also DAP secretary-general.

He suggested that the government consider a one-off nationalisation programme limited to toll concession agreements to prevent irresponsible companies from reaping extraordinary profits at the expense of the public.

“Nationalisation is necessary when toll concession operators like Plus have not only recouped their investment and construction costs but also maintenance costs and are earning pure profits from toll rates revenue collected.

“Failure to do so will not only create an unbearable financial burden to the people but also strain our country’s finances for the foreseeable future,” he said.

Lim revealed that according to the Finance Ministry’s Economic Report 2010/2011, the total federal government debt would soar by 12.6 per cent from RM362.4 billion in 2009 to RM408.2 billion in 2010.

This, he pointed out, meant every Malaysian would be in debt of RM15,118 as at 2010.

“In other words for every Malaysian born, he or she will be immediately in debt of RM15,118.

“If we take into account paying an extra RM1 billion every year to Plus, it is an expense and a debt burden that the country can ill-afford,” he said.

Lim also said that corresponding to the increase in federal debt, debt service charges had also increased from RM14.2 billion in 2009 to RM15.9 billion in 2010 and was expected to soar to RM18.6 billion in 2011.

“Many Malaysians are unhappy why the country has to carry such a huge debt burden borne by 27 million Malaysians for the benefit of one company.

“Clearly unless drastic action is taken, 27 million Malaysians will lose out to enable a company comprise of BN cronies to gain,” he concluded.

Thursday, October 14, 2010

UMNO's Corporate Cornucopia by Asian Sentinel



UMNO's Corporate Cornucopia
Written by Our Correspondent
WEDNESDAY, 13 OCTOBER 2010

How Malaysia's companies funneled money into the country's biggest political party

In the 1980s and 1990s, Halim Saad and Tajudin Ramli were two of Malaysia's brightest stars, picked by former Prime Minister Mahathir Mohamad to lead the country's ethnic Malays onto the national stage as exemplars of a new Bumiputera business culture that would catch up with the ethnic Chinese who had dominated commerce as long as Malaysia had been in existence.

When Mahathir took office, insiders say, his plan was to create a cadre of 100 super-rich bumis who in turn would help rural Malays into prosperity under a konsep payung, or umbrella concept routed through the United Malays National Organization, much the way he envisioned driving the country into industrialization through massive projects. But greed intervened. Once the privileged got rich, there was little incentive to share it with the kampongs, the Malay rural villages. Many of the companies eventually collapsed and are being supported by government institutions such as Kazanah Nasional, the country's sovereign investment fund, or the Employee Provident Fund.

Although the Umno connection was widely assumed during Mahathir's 22 year reign as prime minister, today a flock of explosive court documents filed in different Kuala Lumpur courts appear to be breaking open conclusively the open secret that Tajudin and Halim and others were essentially front men for the United Malays National Organization, the country's biggest ethnic political party and part of a class of rentier businessmen who became known as Umnoputras, a play on the word Bumiputera, or native Malaysians, predominantly ethnic Malays.

Nor were they alone. Others included Syed Mokhtar Al Bukhary, one of Malaysia's richest men, as well as Yahaya Ahmad, who headed Mahathir's national car project and who tragically was killed with his wife in a helicopter crash, and Samsuddin Abu Hassan, introduced by Mahathir to the government of Nelson Mandela but who had to flee South Africa after being accused of misappropriating millions and evading South African debts totaling about R50 million (US$7.233 million at current exchange rates). Samsuddin left behind his glamorous wife, Melleney Venessa Samsudin, along with a failed Durban bank, and returned to Malaysia.

Samsudin ultimately ended up on the board of directors of Mitrajaya Holdings Bhd., another Umno-linked company that has played a significant role in major national projects including the Kuala Lumpur International Airport, KL's Light Rail Transit System, the CyberJaya Flagship Zone and numerous other projects.

At least 23 of Malaysia's biggest companies (see list below) appear to have been vehicles for Umno to siphon off vast amounts of money in government contracts as Mahathir's plans went awry. The companies and the people who run them are so hard-wired into Umno, the government and its investment arms that de-linking them would probably destroy the party. That in effect makes a mockery of Prime Minister Najib Tun Razak's widely publicized speech in July in which he promised to root corruption out of his party.

Much of the ownership appears to have been channeled through a mysterious company that emerged in 1993 to stage an RM800 million management buyout of a major chunk of Malaysia's media including the New Straits Times Press (M) Bhd and TV3. Realmild already owned a controlling interest in Malaysian Resources Corporation Bhd, which got the contract to develop the massive Kuala Lumpur Sentral transport hub. It also acquired ownership of the Labuan and Sabah Shipyards, which supply the Malaysian Navy, as well as Redicare and Medivest, which were awarded lucrative contracts to supply medical supplies to government hospitals.

In September, Syed Anwar Jamalullail, the brother to the Sultan of Perlis, and others testified in a tangled court battle in a Kuala Lumpur High Court that Daim Zainuddin, the prime minister's close associate, often told Malay businessmen to act as nominees in the management of Malaysia's top companies. The long-running suit was launched five years ago in2005 by Khalid Ahmad, a former Realmild director, who alleged he had been cheated out of a RM10 million payment for five percent of Realmild's shares by Abdul Rahman, thought to be the beneficial owner.

According to the testimony, Abdul Rahman paid out the RM10 million but later reneged after he learned from Mahathir that the shares actually belonged to UMNO. The trustees for Realmild in fact were Mahathir himself as well as former Berita Harian Group Editor Ahmad Nazri Abdullah, New Straits Times Group Editor Abdul Kadir Jasin and Mohd Noor Mutalib. Another witness, Ahmad Nazri, said in a deposition that he held the majority share of 80 percent in Realmild, although 70 percent of the shares were actually in trust for Mahathir.

The companies others ran included Faber Group Bhd, a member of the UEM Group, now involved in integrated facilities management and property solutions sectors; KUB Malaysia Bhd. A holding company dealing in information, communications & technology, property, engineering & construction and food related industries.

The companies have been involved a wide variety of activities including media, property development, construction, toll roads, hospital equipment, logistics and distribution, cellular telephony and other businesses. What they had in common was that most of them benefited from government contracts doled out by the Barisan Nasional, the ruling coalition that has controlled Malaysia since its inception as a country. The other thing they had in common was that at some point most of them were mismanaged into financial trouble of one kind or another and had to be bailed out or bought out by the government.

Realmild unloaded Malaysian Resources Corporation Bhd onto the Employee Provident Fund in late 2005 as part settlement for an outstanding Rm500 million loan. Putera Capital Bhd, is threatened with bankruptcy. It formerly owned the Putra World Trade Center, Umno's headquarters, which rents out office space to businesses. UEM Builders Bhd, an offshoot of United Engineers Malaysia (UEM), along with UEM World Bhd, was dumped onto Kazanah Nasional, the investment holding arm of the government and the government's strategic investment vehicle.

Kazanah Nasional now also owns PLUS, which held the tollway contract for the national north-south highway, as well as Pharmaniaga, a former UEM subsidiary dealing in hospital supply and other services. Court documents show that MAS, then the state-owned flag carrier, was taken over and privatized by Tajudin Ramli only to lose an estimated RM8 billion (US$2.77 billion at current exchange rate), with a major part of that being funneled into a Frankfurt, Germany cargo logistics company whose directors were closely connected to Tajudin.

According to the website Malaysia Today, Tajudin's lawyers revealed that Tajudin had only been a front man for Umno and that Umno "not only has to protect him from prosecution but that they also had to ensure that the government bought back the shares at the same price that they were sold to him although the shares were only worth a portion of the real value."

Other depositions made available in recent weeks have listed a long series of documents detailing misdoings in UEM/Renong, once headed by Halim Saad, which has long been accused of looting the government treasury through vastly overpriced construction contracts. Halim told the press in September that he had left the UEM/Renong board in 2001, saying authorities wanted Kazanah to take it over "to prevent a systemic risk to the banking system in Malaysia and to enable a sustained restructuring of the group."

UEM itself is still at it. The government-linked company was given the contract to build a second bridge from the mainland to the northern city of Penang at a price estimated in 2007 at Rm2.7 billion. It has since climbed to RM4.3 billion without figuring in a variety of ancillary costs including compensation for fishermen and project development costs of RM285 million, with the total now nearing RM5 billion.

Other documents show how completely the country's press was in the thrall of UMNO. Media Prima Bhd, a listed company, apparently took over the ownership from Realmild of TV3, 8TV, ntv7 and TV9 as well as 90 percent of the equity in The New Straits Times Press (Malaysia) Bhd, which publishes three national newspapers; the New Straits Times, Berita Harian and Harian Metro. It also owns three radio networks, Fly FM, Hot FM and One FM. Other cross media interests of Media Prima include content creation; event and talent management.

It also owns outdoor advertising companies Big Tree Outdoor Sdn Bhd, UPD Sdn Bhd, Right Channel Sdn Bhd, Kurnia Outdoor Sdn Bhd and Jupiter Outdoor Network Sdn Bhd. It is online through a digital communications and broadcasting subsidiary, Alt Media, with the Lifestyle Portal gua.com.my and the newly launched TonTon, a cutting-edge video portal with HD-ready quality viewing experience that offers the individualism of customized content and interactivity of social networking.

The companies:
Faber Group Bhd
KUB Malaysia Bhd
Malaysian Resources Corp. Bhd
Media Prima Bhd
New Straits Times Press (M) Bhd
Putera Capital Bhd
UEM Builders Bhd
UEM World Bhd
PLUS
Pharmaniaga
Utusan Melayu (M) Bhd (partly owned by Syed Mokhtar Albukhary, another Mahathir crony and one of Malaysia's 10 richest men according to the Forbes List
Renong Bhd
Realmild Sdn Bhd
Mahkota Technologies (Also a partnership with Syed Mokhtar Al Bukhary
Malaysian Airlines
Celcom
Malaysian Helicopter Service
Temasek Padu Sdh Bhd
Sabah Shipyard
Labuan Shipyard
Redicare
Medive

Saturday, September 11, 2010

Najib Abdul Razak cash cow - KTM


Reproducing RPK's story on How playing golf with the Prime Minister can earn you billions here in case his site become inaccessible again:

Najib's new cash cow

Keretapi Tanah Melayu
Raja Petra Kamarudin

KTM new cash cow for corrupt Najib Abdul Razak

(Malaysia Today) - Tan Kay Hock is the low-profile controlling shareholder of Johan Holdings Berhad, a public-listed investment holding company. He is also the golf buddy of Najib Tun Razak and this relationship has made him hundreds of millions. Kay Hock recently caused ripples in China when he asked the Chinese for RM500 million and told them that RM200 million is for Najib’s family.

Tan Kay Hock Najib's partner in golf and crime

How playing golf with the Prime Minister can earn you billions

For about ten years and over three Prime Ministers, the current Prime Minister included, the contract for the double-tracking electric train from Gemas to Johor Bahru has been ding-donging. Despite what was agreed between the leaders of China and the three Prime Ministers, which was later confirmed by the issuance of a Letter of Intent to China Railways Engineering Corporation (CREC), the government is again backtracking.
Najib now wants to award the contract to China Harbour Engineering Co. Ltd. (CHEC) instead, the company that is building the Second Penang Bridge -- which shot up from RM1 billion to RM4.5 billion and now to RM22 billion (read more on the matter below).

The man behind this is Tan Kay Hock, Najib’s golf buddy. He is brokering the deal on behalf of CHEC.
The Chinese say that Tan Kay Hock is demanding RM500 million from CHEC and he told them that RM200 million is for Najib's family. And this is making the Chinese very unhappy because, in China, both the givers as well the receivers of bribes will be sentenced to death with a bullet in the head plus the cost of the bullet is charged to the family of the deceased.

When the Chinese government offered the Malaysian government a loan to construct the Gemas to JB railway they indicated that CREC should be the contractor. CREC is one of the biggest specialist contractors for electric trains while CHEC has not constructed even one kilometer of electric railway (more details below).
A Letter of Intent had already been awarded to CREC. Now the government wants to cancel this Letter of Intent and issue a new Letter of Intent to CHEC. But for the new Letter of Intent to be issued to CHEC they must fork out RM500 million, which Kay Hock claims RM200 million will be paid to the Prime Minister of Malaysia’s family.

This is not only a violation of the terms of the loan from China but CREC is the company with the experience in constructing electric railways, not CHEC, the company already involved in the construction of the Second Penang Bridge. Added to the withdrawal or cancellation of the Letter of Intent to CREC and a new one issued to CHEC, with a RM500 million ‘price tag’ attached, it puts the Chinese government in a dicey spot when the risk would be a bullet in the head for those who approve the payment.

The Chinese are wondering whether it is worth the risk to pay Kay Hock the RM500 million he is demanding. If the Letter of Intent to CREC can be withdrawn after issuing it, what guarantee is there that the new Letter of Intent to CHEC will also not be withdrawn after they pay the RM500 million?

The Chinese are very aware that Vincent Tan also received a Letter of Approval for his gaming licence, signed by the Deputy Minister of Finance. However, after he paid RM170 million ‘under the table’, Najib denied in Parliament that Vincent Tan had been given a gaming licence and subsequently the Letter of Approval was withdrawn.

KTM is being used as Najib’s new cash cow. The EMU coach was a deal involving Rosmah Mansor (Najib’s wife), Mumtaz Jaafar (Saiful Bukhari Azlan’s ‘godmother’) and Cindy (Desmond Lim's wife). Desmond, in fact, handled the deal where KTM coughed out RM1.4 Billion for coaches that cannot function. According to KTM, the coaches are not even worth RM300 million.

The saga gets more interesting with Najib and Rosmah holidaying in Monaco as guests of Jho Low -- who told everyone that the yacht belongs to the Prince of Qatar. It was later revealed that Jho Low rented the yacht for Euro 90,000 per day to allow Najib and Rosmah to rub shoulders with Hollywood Starlets.

That brings us to a very crucial question. Where did Jho Low get that kind of money? Well, you see, after Malaysia Today exposed Deepak Jaikishan -- Rosmah’s carpetman cum bagman cum toyboy -- she was forced to dump him. So now Jho Low is Rosmah’s new Mister Fixit and Collector of Commissions.
Let us see how the CHEC-Tan Kay Hock saga is played out. Now that the Chinese government knows that we know about the RM500 million deal would they dare still proceed with it? And does Tun Dr Mahathir Mahathir know that Najib has hijacked his pet electric train project?


Mr Tan is said to be a golf buddy of Prime Minister Najib Tun Razak
He is the low-profile controlling shareholder of Johan Holdings, a public-listed investment holding company, and said to be a golf buddy of Najib Tun Razak.

The Financial Times had reported that Tan Sri Tan, 61, was the owner of the 607ha Guiana Island, which is now at the centre of a fraud case brought by the United States authorities against Texan billionaire businessman Allen Stanford. -- The Straits Times (Singapore)

Read: The crooked faces of Najib Altantuya’s Cronies and their Related Companies (http://ckcounterpunch.wordpress.com/2009/04/04/the-faces-of-najib-altantuya-cronies-and-their-related-companies/)


***************************************
CREC is the third largest civil construction enterprise in the world, and the Asian and Chinese largest railway, road and tunnel construction contractor. It has a leading position in China's construction market, and participates in many large-scale infrastructure projects overseas (especially in countries in the Southeast Asia and Africa). Fortune magazine in the United States reported that CREC ranked 342 in the 500 world's largest enterprises in 2007.
CREC consists of 31 member enterprises including:
- 16 super-large construction enterprises
* China National Overseas Engineering Corporation
* China Railway Resources Co., Ltd.
* China Railway First Group Corporation
* China Railway Erju Group Corporation (China Railway Second Group Corporation)
* Third Engineering Group Co. Ltd
* China Tiesiju Civil Engineering Group Co. Ltd (China Fourth Group Civil Engineering Group Co. Ltd)
* China Railway Wuju Group Corporation (China Railway Fifth Group Corporation)
* China Railway Sixth Group Co. Ltd
* China Railway Seventh Group Co. Ltd
* China Railway Eighth Civil Engineering Group Corporation
* China Railway No. 9 Group Co. Ltd
* China Railway No. 10 Group Corporation
* China Zhongtie Major Bridge Engineering Group Co. Ltd (China Railway Major Bridge Engineering Group Co. Ltd)
* China Railway Tunnel Group
* China Railway Electrification Bureau Co. Ltd
* China Railway Construction Engineering Group
- 3 large or super large surveying and designing enterprises
* Second Survey and Design Institute of China Railway
* China Railway Engineering Consultants Group
* China Major Bridge Survey and Design Institute
- 3 large R&D enterprises
* Northwest Research Institute
* Southwest Research Institute of CREC
* Engineering Machinery Research and Design Institute
- 5 large manufacturing enterprises
* China Railway Shanhaiguan Bridge Group Co. Ltd
* China Railway Turnout Bridge Inc.
* China Railway Bus. Co. Ltd.
* Wuhan Engineering Machinery Works of CREC
* Hengping Trust and Investment Co. Ltd

Sunday, August 15, 2010

Khir Toyo palace: Where did he get the money from?


Umno Warlord's palace - sky view. When the next general election come, remember this photo (click on it to enlarge). Teoh Beng Hock lost his life due to MACC investigation over a miserly couple of thousand of ringgits. Khir Toyo could afford a palace (and not only that it was most probably located in a forest reserve) after only a few years as Menteri Besar and MACC never even try to investigate how he got so much of money to build this palace on his MB's salary:



You can see this when you take pencala link from duta!!
TOWARD DAMANSARA PERDANA NEAR ttdi

This is the palace that a warlord builds in Shah Alam.
This palace cost RM24 million, they said.
The warlord says he earns it thro" his businesses.
What businesses and what taxes do you pay?ax men and MACC never seem to question him. Why?
Things like these only happen in a failed state.
Warlords also exist only in a failed state.
Selective failure and prosecution are characteristics of a failed state.


SO WHAT HAS BEEN DONE ABOUT THIS MAN ??? NO FURTHER ACTION ???
HOW COME THE SO CALLED MACC ARE SITTING IDLE OVER HIM ???
THE TAX GUYS TAKUT & MACC CHABUT ...SEBAB HE IS LOCAL MAFIA
& HE IS UMNO MAN ??? THEY THINK AFTER SOMETIME, THE PEOPLE
WILL FORGET !!!! TEOH BENG HOCK LOST HIS LIFE OVER A RM2,500/=
MACC ENQUIRY...!!! CAN SOMEBODY EXPLAIN IN SIMPLE WORDS WHY
AND HOW THE HELL THAT COULD HAPPEN ???

See for yourself, this is rumah Khir Toyo.....a gentle reminder to Malaysians !!!
He is not born in Malaysia ! He was born in Indonesia came over quite late. This Indon can join UMNO and become a politician! (former MB of Selangor). He called others - immigrants!

Looking at the background,I wonder if the land is a forest reserve.

Monday, July 12, 2010

N Tharmendran claimed military tortured him

N Tharmendran, the former RMAF sergeant who was the only lowly ranked RMAF staff who was charged for the theft of the 2 jet engines, claimed that he was tortured by a Major whose name Malaysiakini withheld, in a internal military investigation. Since it is certain such information will not be published by the hopeless newspapers, I reproduce what Malaysiakini reported Tharmendran revealed:

favourite method of his interrogators was to make him wear a crash helmet and repeatedly hit him as hard as possible.

"They used a golf stick and something long like a cricket bat. The reason is that when you hit me with a helmet (on), there's no mark. You can't find any mark, but the pain is internal pain. That's what Major (name withheld) told me. (He said) 'I can hit you how hard I want, but there won't be any mark. Even (if) you go to the doctor he will say you only have (a) headache"

And because of the physical abuse, Tharmendran said he suffered severe pain in his neck and shoulders and was barely move his left arm for a few days after the interrogation ended.

He also claimed that he was repeatedly stripped to his underwear, made to stand on a block of ice for up to an hour at a time, and threatened with death.

"I was told by this major, he has friends in the UTK (special forces) and KDN (Home Ministry) and it won't take him much time to get some men to shoot and kill me. Another thing he said was that nobody would believe me (if I report the torture), because he is the IO (investigating officer) and he has the authority. He said that, even if I go to the hospital and say I was being tortured by these people, he said nobody would believe me."

He believes he is not the only one being tortured by the intelligence officers, claiming at least 30 others were also experiencing the same ordeal for reasons unknown to him.

Hear what Tharmendran has to say yourself with the video of Thamendran describe his ordeal and torture by the Military Inteligence courtesy of Malaysiakini:

Tuesday, June 29, 2010

Missing jet engines & Uruguay President Tabare Vazquez

Malaysian Mirror have revealed an interesting coincidence. The jet engines went missing in late 2007 and ended up in Uruguay. The President of Uruguay, Tabare Vazquez, and his entourage of 50, paid a visit to Malaysia in November 2007.

More. Apparently Tabere Vazquez is no stranger to military arms controversies. Tabare was embroiled in the 'arms from Iran controversy'. In 2007, he authorized his navy to pick up a "cargo" in Venezuela, three months after the UN placed an arms embargo on Iran.

So is Uruguay President somehow linked to the missing jet engines?

Monday, June 28, 2010

Najib Abdul Razak proven liar again? - sport gambling license

Yes, if what was reported by Malaysian Insider in Vincent Tan blames illegal bookies, Pakatan for licence snub. If true, not just Najib but also the Treasury and the Finance Ministry too had lied for they had said in Parliament too that "“The government has yet to issue a license to Ascot Sports Sdn Bhd for bookie operation in Malaysia. The government has also not concluded discussions on the terms and conditions for licensing to Ascot Sports for bookie operations in Malaysia,” the ministry said in a written reply. Source: Najib insists no licence issued to Ascot Sports.

Najib had claimed that no approval to Ascot Sports Sdn Bhd. However, he had been reported not once but twice that no approval had been given:

Prime Minister and Finance Minister Datuk Seri Najib Razak, in a written reply to questions from four MPs in the Dewan Rakyat, said the government has yet to conclude its discussions and terms concerning the legalisation of sports betting. Source: Bursa Malaysia to probe sports betting permit issue

Prime Minister Datuk Seri Najib Razak insisted today that the Finance Ministry has not awarded a sports betting licence to tycoon Tan Sri Vincent Tan’s Ascot Sports Sdn Bhd. Source: Najib insists no licence issued to Ascot Sports.

And here is what Malaysian Insider reported

Tan (picture) said this at a luncheon with about 40 gaming analysts, where he was also said to have shown them a Finance Ministry letter dated Jan 13, 2010 that gave him conditional approval for the licence.

However, sources who saw the letter said the conditions made no mention of the government having to first gauge public support and that they had essentially been fulfilled.

A Berjaya Corp press statement released earlier today said the company was extremely disappointed at the government’s decision not to re-issue the licence “despite having granted its approval for the re-issuance of the same” — a phrase which was underlined for emphasis.

Berjaya Corp reported that the government had last month re-issued the licence to Tan-owned Ascot Sports Sdn Bhd after the original licence was cancelled by the previous Abdullah administration.

The licence itself is said to be worth RM10 million, an amount which was refunded to Tan following the government’s capitulation to public opinion on Friday.

Monday, June 21, 2010

Rosmah ad sponsor has something to hide


Someone or some party paid a lot of money for an advertisement in the New York Times (NYT) congratulating Rosmah, Najib's wife being awarded with a suspiciously obscure "International Peace and Harmony Award" by the Business Council for International Understanding (BCIU), The cost of such advertisements ranges from US$180,000 to US$230,000 which converts to between RM580,000 and RM740,000 for a one-page ad.

However, everyone involved are evasive which points to them having something to hide and suggest guilt. The Nut Graph in Business council mum over Rosmah ad described how they try to uncover the true picture but met with people giving vague answers and not responding to clarifications.

After Prime Minister Datuk Seri Najib Razak announced in Parliament that BCIU was the organisation that placed the ad, another e-mail to Peter J Tichansky asked him to confirm who had actually paid for the award. This too met with no response.

A very reasonable query to Tichansky about when the obscure award was conceived and the criteria used in conceptualising the award, who were the other nominees and what qualified Rosmah for the award.

The New York Times too were evasive, again pointing to them hiding something. Initially NYT told The Nut Graph that the ad was placed by an ad agency on behalf of the Malaysian Government. This was announced by its Executive director for community affairs and media relations, Diane McNutty. They later retracted that and then claimed that it was a mistake but could not explain how such a high placed person as the director could make such a mistake.

All this point to someone, probably the Malaysian government or its croonies having spend a lot of money on a useless award and expensive advertisement to the detriment of the public. One more big fat reason why the BN should be kicked out from Putrajaya.

Wednesday, December 30, 2009

Malaysian's comments re: Stolen jet engines: Gov't to tell all next month

The Deputy Minister in the Prime Minister's Department Ahmad Maslan made a laughable comment regarding the 2 stolen (he called ite two missing) RMAF F-5E jet engines, that it would be explained to the people next month. Want to know what Malaysians think of that ludicrous statement? Here are the comments from Malaysiakini: Stolen jet engines: Gov't to tell all next month:

1 - 25 of 37 comments
1 2»

by Yuvan - 53 minutes ago
Government to tell all? Really? Well, the government should have told all it knew about this scam long ago, especially since it discovered the theft more than a year ago and claims to have been investigating the incident for many months now. The theft was huge (in terms of value and the sheer logistics used in moving the stolen goods out of Malaysia) and it happened in a high-profile and highly sensitive security environment (the armed forces). If the government is really serious about revealing all it knows, then it should move with the urgency the issue warrants and clearly show its determination to nail all the culprits. And while we wait to hear the whole story from the government, we should not be surprised if it comes up with its typical ‘excuse’ later on to say that it cannot reveal all because that will jeopardise investigations and/or court proceedings (that is, if and when all the people involved are finally charged).

by cala - an hour ago
Absolutely entertaining and relevent comments from Mythots, Amaso, mangodurian and many more. You make my day. Thank you Sirs.

by ezilan - 2 hours ago
Hello Brudder Deputy Minister, You need one month to come up with some cerita donggeng about missing engines? This time you will say the engines committed suicide from the 10th floor and were disposed. All records of the Government belong to the people and should be readily available at short notice to the people anytime unless you have a lot to hide and hoodwink the rakyat. Like Mahacon who said Anwar punched himself when he was arrested.

by lim chong leong - 2 hours ago
Haha, they now need one month to get their story together and everyone to stick to it. They will be having a meeting of all parties involved in a prominent lawyer's office for a white board discussion and briefing.

by Thomas Foo - 2 hours ago
Stop kidding, BeEnd government!How cock sure are you genuine enough to do that. Perhaps, you should start with Lingam or maybe Aminah or PKFZ or TBH. You have been lying for the past decades. We know and you know. We don't vote for a lying government!

by Sentinel - 2 hours ago
Rakyat diutamakan, performance NOW! Hoi... why wait for 1 month to tell all if there is so much urgency in this? I thought 1Malaysia is all about PERFORMANCE NOW! Loads of Bull if you ask me!

by Doc - 3 hours ago
Are you sure that one month is enough time for the BN/UMNO to come up with a really credible, believable and acceptable reason for the missing jet engines and why BN parliamentarians were missing in action on the 14th Dec. I would advise the UMNO boys to appoint a new spin doctor to come with believable excuses/reasons that are palatable to the rakyat. The rakyat are not DUMB so please don't get a dumb spin doctor to give us stories lah!

by mangodurian - 3 hours ago
Yeah, I can see the explanation ... "Urm .. yes para Rakyat yang senang faham, you see there were no stolen engines. The F-5E are old junk from the 70's and we've already retired them. We already had plans to flog them off on eBay and BTW, RM50M each is the price for new. Nowadays you can get them from eBay for less than RM100k. So it is not true that we lost RM100M worth of equipment. What was *missing* however are the documentations from PayPal about the sale, so we have our hush-hush military Polis looking into this. The matter does not arise, and anyone else commenting about this may be liable to OSA action."

by Thiru - 4 hours ago
Every media statement now days ends with 1Malaysia concept...good branding and marketing...blowing trumpet but no songs...

by Dr. Jacob George - 4 hours ago
Only an absolute idiot will make a statement like this! There has been a multi million ringgit theft and many similar such thefts earlier in other areas! Ahmad Mazlan should go and do some homework not recycle old fairy tale excuses or worse create diversions! If not - be a man - have the courage to resign! No wonder we are not moving forward as a nation!

by tan hong kiet - 4 hours ago
Need more time to cook up another story to cover the trecherous fiasco. Common mr. minister, this is the information age. you can't hide anymore. 10-20 years ago you can fool the rakyat but not now.

by kaysee - 4 hours ago
They are probably negotiating to buy back the engines from Argentina. Then it would be spun as "the engines are sent there for repairs" or something along those lines. Whatever the spin, do not waste more taxpayers money please.

by Jamin - 5 hours ago
Aiyah, cakap cakap saja dan berikut dengan lebih cakap cakap. Apa yang rakyat perlu ialah cekap cekap. What is there to explain? 2 missing fighter jet engines! It is no joke or a small matter that can vanish. The culprits (real ones) involved in this fiasco must be bought to book to allay the fears and distrust of the general public to BN's poor poor governance. Any thing lesser is another white wash.

by rhi - 5 hours ago
"We will reply to criticism the opposition who had used the missing jet engines and other issues to confuse the people" so said Ahmad Maslan.Mind you this is the lame excuse BN goons used to actually CONFUSED the people and in Malaysia Bolihland country the opposition parties are considered as THREAT and the real TRAITORS are not.

by Amaso - 6 hours ago
Henry Basil, thanks for enlightening me and others, you have made us realise that ya betul lah - BN component parties have been silent on this serious issue. Not even a word from MCA Ong Tee Keat (nickname Big Mouth), MIC Semivalue (nickname I've not been informed), Gerakan's Koh Tsu Koon (nickname Mr.Good). It shows that UMNO is the boss in BN, others are servants to protect their rice bowls, not people interest and welfare. BN is a bunch of white collar thiefs. Kick BN out.

by Mythots - 6 hours ago
It is a confirmed fact that the jet engines were stolen from the TUDM base. Who else is repsonsible, besides the perperators of this theft? Why was this not revealed earlier to the people? Why didn't the Auditor-General's last report include this item missing in its audit? Why was a police report not lodged as soon as it was discovered missing? Why is it taking so long for the police to investigate and bring to book those involved? So many questions but sadly not enough answers. What is the protocol for such a situation and what action is being taken in the recovery of the 2 stolen engines? Don't expect the people to provide the answers, this is the job of the government, that we elected. A blunder took place, and it is time to answer the questions the rakyat is asking.

by Henry Basil a/l S Joseph Xavier - 6 hours ago
I am yet to hear a comment from any of the other component parties in BN. This is proof that all the chinese,indians,ibans,dayaks,kadasans,etc who are members of BN are comfortable with the missing jet engine,which translates to endorsing corruption.This is why all these corruption continues unabated and the time is right to stem out BN as it is corrupt.Malaysians, whether you are malay,chinese,indian,others speak up and reject corruption by voting opposition at any by election or next GE.

by yobama - 7 hours ago
"We will reply to criticisms from the opposition who had used the missing jet engines and other issues to confuse the people. ============================================ We are not that easily confused, lah, Oh Minister. We Malaysians have well developed brains that Allah has given us. So don't give lame excuses that the opposition is trying to confuse us. Please accept responsibility for the loss and get the releavnt minister to resign immediately for the shoddy performance. Ironically, the same man is trying to peddle 'performance now' slogan to the people whom he had betrayed. The sheer folly of it all! Malaysia Boloh!

by mark chin - 7 hours ago
.....the missing jet engines, PKFZ scam, missing PI, death of TBH, the extension of APs to 2015, the Perak takeover, the sodomy charge of DSAI etc etc and of course the 1 Malaysia...yes Minister, Malaysians are all very confused.

by Tan Teng Wah - 7 hours ago
Does 'all' means the true story in full? Nowadays, we are somehow less inclined to believe what the government says. Then comes the remedial actions. We have seen the government dragging its feet on RCI findings. Where are the the transparency and accountability?

by nil - 7 hours ago
Whatever the explainations, the fact remains that two jet engines worth RM millions were found to be missing under the noses of the big brass.....they were lost, and later found sold, and this was acknowledged. Don't confuse the people anymore.

by kgan - 7 hours ago
Why next month? Haven't you had enough time to prepare your lies?

by cala - 8 hours ago
Sivananthan Kanapathipillay. I read from Sin Chew a few days ago that the current going rate in the market for that model of jet engine is RM 10 million per unit. I wonder where is the figure of RM 50 million coming from. Do you want to check it up from google?

by Artchan - 8 hours ago
Ahmad Maslan...or whatever your name is. I am NOT CONFUSED. I am damn sure the engines were lost under Najib's watch. Just in case you could be confused, a jet engine is BIG...not something you can put in your underpants and walk out with it.

by Lin Wen quan - 8 hours ago
I am not going to be excited by whatever BN is going to explain about their sins of omission, least of all the stolen jet engines. It will be more of the same crap they dish to us everytime something screws up. They are working feverishly to spin a tall tale hoping the people will swallow it hook, line and sinker. Please wake up....we are not stupid like you blokes. I can almost predict the line.....some RMAF kuching kurap stole the engines.....falsified the paper work...abetted by some airport workers....and voila the fat cats culprits get away scotch-free to enjoy the 100 million!

Monday, September 28, 2009

How much Barisan Nasional taken from Malaysia

Who still want to vote UMNO/BN needs to have their heads examined


This is taken from SteadyAK47: I know U know UMNO don't know plus fill-ins from comments as a permanent record of the pillage by this BN (Barisan Neraka) of our nation Malaysia:


Bank Bumiputra 3.2 Billion
Maminco attempt to corner the world
tin market in 1980's
1.6 Billion
Betting in Foreign Exchange cost
Bank Negara in 1990's
30 Billion
Perwaja Steel resulted in losses
2.56 Billion
Valuecap Sdn Bhd - operation to
shore up stock market with public
funds
10 Billion
Bank Islam banking scandal - losses
700 Million
Sale of M.V. Agusta by Proton
for One Euro making a loss of :
348 Million
Wang Ehsan from Trengganu Oil
Royalty - 2004 -2007
7.4 Billion
Philharmonic Orchestra - since it
estabalished has swallowed:
500 Million
Advisors Fees per year
Mahathir
180,000.00
Sahrizat
406,726.00
Abdul Hamid Othman (religious)
549,675.00
Teaching Maths and Science in English over the past five
years
3.2 Billion
Of this money 2.21 Billion spent
on purchase of Information and
computer Technology - no breakdown.
Commission paid: Perimekar
and IMT Defence Sdn. Bhd.
910,000.00
Compensation Gerbang Perdana
for "Crooked Scenic Half-Bridge
1.1 Billion
CIQ Building - wasted building-
cancellation of the above bridge
1.3 Billion
Renovation of Parliament building
and leaks
100 Million
National Astronaut Programme
40 Million
National Service Training. Yearly estimate is approximately
500 Million
Eye on Malaysia
30 Million
Free tickets - Eye on Malaysia
5.7 million.
Soft Loan to PKFZ
4.63 Billion
Indelible Ink - Election Commission
2.4 Million.
Compensation to 20 highway co.
announced by Samy Velu in Sept 2006
38.5 Billion
Windfall for 9 toll concessionaries
soley from toll hikes in 2008 alone:
380 Million
Timber export kickbacks involving
companies belonging to Sarawak
Chief Minister & Family
32 Million
Bailout of Malaysian Airlines System
7.9 Billion
MAS buying painting for
Office (Munir)
1.55Million
Putra Transport system bailout
4.486Billion
Star LRT bailout
192.54 Million
National Sewerage System bailout
192.54 Million
Seremban-Port Dickson Highway bailout
142 Million
Kuching Prison bailout
135 Million
Kajian Makanan &Gunaan Orang
Islam
8.3 Million
Le Tour Langkawi bailout
3.5 Million
Others:
AP’s scandal have been going on year after year for more then thirty years involving a total mind boggling sum of tens of billions of Ringgits.
Alienation of tens of thousands of hectares of commercial land and forestry concessions to children and relatives of Barisan National leaders and Ministers worth tens of billions of Ringgits.
Travel around Malaysia and see for yourself how many white elephants like majestic arches, roads paved with fanciful bricks, designer lamp posts, clock towers, Municipal buildings that look like Istanas, extravagant places of worships, refurbishment of residences of VIP’s, abandoned or under-utilized government sports complexes and buildings etc etc. The combined costs of all these will easily amount to the hundreds of billions of Ringgits.
Since 1997, Petronas has handed out a staggering 30 Billion Ringgit in natural gas subsides to IPPs who are already making massive profits. In addition there were much wastages and forward trading of Petronas oil in the 1990’s based on the low price of oil then. The accounts of Petronas are for the eyes of the Prime Minster only we have absolutely no idea of the amount!

From comments:
Still some more:

Monsoon Cup RM800 million
Collapse stadium & swimming complex in Trengganu.
Sime UMBC Bank RM800 million total loss by UMNO cronies
KTM bleeding RM100 million annualy
Malaysia Airports RM1 billion subsidy by BN govt
Sepang F1 circuit loss annualy
Corruption loss annualy RM10 billion
Scorpione submarine commission to Perimaker is RM500 million la.

What bout the collapsed stadium in Trengganu?