Sunday, April 01, 2012

Anwar took the bait again

Pressured by the prominence given in the mainstream media, Anwar finally came up with an answer to dispel the perception created that he refuse to be subpoena.

It means he is willing to be subpoena and appear in court in the lawsuit by Hong Leong Bank on the participants in the excercise to takeover Kewangan Bersatu Berhad.

Whether he delay the court date by 50 times, it will not matter. Just like he did on Dato Nalla's, he has taken the bait.

He was hoping that the issue would not gain prominence but it is too good for Raja Petra and me to pass off.
Old players like us can smell shit even if wrapped under ten layers of plastic. Or we can defend it.

As always with RPK or Pet, there are things we agree and many things that we do not agree. Sometimes we agree on an issue and on other days and the same issue, we do not agree.

Oh yes ...Pet. Allow me to extend this message.

It is a not a priority issue for us now but our common blogger friend is not happy that your British citizen brother is the leading Kumpulan Darul Ehsan Berhad.
The Hong Leong Finance lawsuit is gaining prominence in public and Anwar knows it. And he knows also it's implication.

Hopefully it is a good catch. It will remind the public, especially the vounger naive voters that Anwar is as corrupt if not more than the UMNO he accuse off.

At least, corrupt UMNOleaders are being dealt by the authorities. No suicide, no drama, and no SELCAT or DAP Disciplinary Committee to do cover-ups.

The public should be reminded of the list of privatisation projects released by Tun Dr Mahathir at the UMNO General Assembly in the late 90s to show Anwar's cronyism.

It was Anwar, his pink forms and monthly bank-ins that was responsible for corrupting UMNO grassroot. He is as corrupt as his despicable description of corruption on UMNO is.

By his logic, if UMNO does not deserve to rule, he is equally or more undeserving.

Tan Sri Kadir Sheikh Fadzir should have blamed his lost for the UMNO Supreme Council seat to Anwar for bringing up money politics in the big way.

Along the way, do not be ashamed to blame yourself too, Kadir.

You were a party to it!

If the court case blow open, it would render former the denial of Assistant Governor of Bank Negara Malaysia, Dato Murad to a statutory declaration he made during the reformasi as irrelevent.

The case would corroborate the story of Arus Murni, Hong Leong and Faiz Abdullah in the statutory declaration. See how Soh Chee Wen-funded Free Malaysia Today present the story:

Read it here.

Another from The Choice directly points at him:

Read here.

The Choice wrote that:
"These allegations could prove explosive for Anwar and his bid to become Prime Minister at GE13. His sales pitch to voters is based on presenting himself as a clean alternative to his Umno colleagues of the past."

"Now he stands accused of using his power and influence to receive money through a syndicate of lenders allegedly for use to fund his political machinations."
However, Anwar is aware of the exchanges in the court room. We can bet on Anwar sending his man to take notes.

The FMT report in full:

Anwar’s ‘cronies’ named in court

Teoh El Sen | March 29, 2012

Businessman Low Thiam Hoe told the court that he was a ‘victim’ of a ‘larger scheme’ involving Opposition Leader Anwar Ibrahim and Hong Leong chairman Quek Leng Chan.

KUALA LUMPUR: Businessman Low Thiam Hoe, who is being sued by Hong Leong Finance Bhd (HLFB) in a breach of repayment suit involving RM445 million syndicated loans given in 1997, today named several individuals whom he identified as “cronies” of Opposition Leader Anwar Ibrahim.

Taking the stand at the Commercial High Court here today, Low said that he was “the victim” in a deal in which he was assisting Anwar as well as HLFB executive chairman Quek Leng Chan.

However, when cross-examined by the bank’s lawyer, Andrew Chiew, Low admitted that he had nothing in black and white to prove that he was simply used as a “nominee” of Anwar – the then finance minister and deputy prime minister – and Quek.

“Sometime in March 1997, two individuals by the name of Hamzah Harun and Mohd Faiz Abdullah (Anwar’s speech writer), both from a company known as Arus Murni Sdn Bhd (AMSB), told me that they were acting on behalf of Anwar and Quek,” Low said during examination-in-chief by lead counsel, D Paramalingam.

Low said that HLFB, through Quek, was then pushing to acquire Kewangan Bersatu Bhd (KBB), which was at the time acquired by Arus Murni Corporation Bhd (AMCB) from one Ishak Ismail for RM390 million.

He said he agreed to be a nominee, or “conduit”, for the syndicated loan transaction.

The other individuals and companies used as nominees were Hood Osman, Nik Hussain Nik Mohamed, AMSB and Mekuritek Sdn Bhd, whom he described as “cronies” of Anwar.

Paramalingam: How are these companies and individuals related?

Low: From what I know, they are all cronies of Anwar Ibrahim.

Low said he did not apply for the loan as “the whole thing was arranged by Hong Leong’s representative, namely Seow Lun Hoo”.

Quek’s right-hand man

He also said that he was informed that Seow, who was president and CEO of Hong Leong Credit & Leasing Bhd at the time, was “essentially Quek’s right-hand man”.

Low said the loan given to him was RM30.161 million but a credit assessment was never done on him at all.

“It was all pre-approved. I just had to turn up to sign the necessary documents, that’s all. I was unemployed at that point in time.”

Low also said that he signed the relevant loan documents at a hotel in Singapore in March 1997 as HLFB “wanted to avoid paying stamp duty”.

“Syndicated loans were also given out to the other nomiees as well to reach the plantiff’s target of RM445 million for the acquisition of AMCB. A sum of RM80.1 million was given to Hood, RM80.1 million to Nik Hussain, RM30.161 million given to Mekuritek and RM224.478 million to AMSB,” he said.

However, he said that the plan to purchase KBB did not take place by the end of 1997.

“It was only at that point in time that we discovered that Seow, on behalf of Quek, was the mastermind of the whole transaction. The plantiff through Seow deliberately sabotaged the scheme…”

Low said that the plaintiff, HLFB, had “acted in bad faith” when it breached its fiduciary duty, and he and other nominees were “clearly cheated by them”.

“We were left high and dry,” he added.

Bigger picture

During cross-examination by Chiew later, Low was aggressively grilled on his credibilty.

Chiew: The two individuals told you they were acting for Anwar and Quek. Did you take any steps to check?

Low: Yes.

Chiew: Did you talk to Anwar?

Low: No.

Chiew: Did you talk to Quek?

Low: I was in no position to contact Quek.

Chiew: If they were to hoodwink you, they could have, couldn’t they?

Low: No. I had no reason not to believe (them)… Faiz was Anwar’s speech writer…

Chiew: But what about Quek? The point is this. You were told about this deal. Any documents to work out how this deal is to be srtructured? Was it presented to you by Faiz?

Low: I had no reason to believe…

Chiew: My question is… Was there any paper in writing?

Low: No, but it was all arranged at top level

Chiew: You are a director of a public-listed company, with experience in financing. Is that your position: you believed these two persons about this deal, which seems ‘phantom in nature’ by your own answers? When you entered the deal, you knew what you were going into…

Low: I knew what I was getting into. I was just a nominee. But can I add… it was on a bigger picture. It was linked to Anwar and Quek.

Chiew also repeatedly asked why Low did not raise this “bigger picture” 14 years ago when the case was first filed.

“Fourteen years later you suddenly have an inspriration. I’m putting to you this was done in bad faith,” Chiew said, to which Low denied.

Chiew also asked Low to explain and clarify several statements he made – including allegation about Anwar’s cronies, the meetings that took place and the credit assessment done on him as well as the allegation that HLFB wanted to purchase KBB at RM350million.

Low admitted that it was Hamzah who supplied him with those information.

Chiew: This contention that you have this representation/collateral contract… it doesn’t exist. It never existed. It is really an afterthought.

Low: Of course based on all the documents here… there is nothing to support my contention.

Chiew: I am putting it to you that you are putting up this fantastic story about Anwar and Quek. Correct? You got this from strange publications found on the Internet? Hence you are stringing this defence together? There is no basis to your contention about this so-called larger scheme?

Low: No.

Full confidence

During re-examination by Devanandan S Subramaniam, Low said his reason for raising this issue 14 years later was that initially, he had full confidence that Hamzah would “take care” of the case.

On March 19, High Court judge Hadhariah Syed Ismail dismissed Low’s application to amend his defence statement to include Anwar as “the person behind the deal”.

In rejecting his application, Hadhariah said it was made at the “eleventh hour” and had come too late in the course of the trial.

However, the court had last week allowed the defence to subpoena four individuals namely Anwar, Quek, Hamzah and Faiz.

Six witnesses of the plaintiff had already taken the stand.

In 1998, Hong Leong Finance filed a suit against Low, Merkuritek and Arus Murni over non-payment of the syndicated loans amounting to RM445 million.

The loans were given to the parties in a bid to acquire financial institution AMCB which owns KBB.

Each defendant was sued for over RM28 million plus interest for the non-repayment of the loans.

In 1999, Low filed a counter-claim against HLFB, HLG Capital Markets Sdn Bhd and Hong Leong Credit Bhd’s former CEO Seow Lun Hoo asking for damages for alleged wrongful or negligent advice.

Hong Leong also filed another suit against Mekuritek and three guarantors – Hussin Abdul Karim, Agus Salim Mohd Dom and Abdullah Abd Karim Bajerai – as defendants for a similar claim of RM28 million.

He knows there is nothing legally proven that can joint the dots to him. However he cannot tahan reports like the one by Bernama. He has been coward to refuse questions on many instances, but with the case still fairly safe, this challenge insults him.

Read it in full here or in Tunku's here.

Anwar had Latheefa Koya issue the statement below:

We refer to press reports where the lawyer for the Defendant in the case of Hong Leong vs Low Thiam Hoe, counsel D. Paralingam had accused Anwar Ibrahim of purportedly refusing to accept a subpoena served on him on 28th March 2012. The subpoena is to compel Anwar to assist the court in a lawsuit against Hong Leong Finance Berhad, filed in 1998.

We are shocked at the ignorance displayed by the lawyer on basic and fundamental Parliamentary rules and privileges i.e. no summons nor court processes can be affected upon any Members of Parliament in the premises of the Parliament. The lawyer’s action to serve the subpoena at the Parliament premises was a wrongful act and may invite contempt of Parliamentary proceedings.

Anwar Ibrahim has no objection to receiving the said subpoena and is eveready to appear in court if its relevant, necessary and not an abuse of the court process. Anwar’s lawyers would like to advise D Paralingam that there are proper etiquette to serve a subpoena on a Member of Parliament, what more the Opposition Leader. D. Paralingam may contact Messrs Daim & Gamany to fix an appointment in order to serve the subpoena if he is truly interested to call Anwar as a witness and not resort to unwarranted sensationalism.

Released by,

Latheefa Koya
Legal Bureau Director
Parti Keadilan Rakyat
The parliamentary previlages were just an excuse. Anwar took the bait.

The "lawan tetap lawan" Anwar fell for it, just like he fell for the challenge by Dato Nalla and the gang of former PKR leaders and activists, except for Dato Salehuddin Hashim.

If it is truly Tan Sri Quek Leng Chan doing a favour for Najib to allow him to do business undisturbed, the cross examination of Anwar Ibrahim by Low Thiam Hoe's lawyer, D. Paramalingam should be something to look forward.

How much can he make Anwar spill out? Will it be enough to destroy Anwar's reputation and campaign once and for all?

The court to reconvene on April 12th. Put that in your Blackberry or Smartphone reminder.


Anonymous said...

if like this HLBank is in big trouble to lose it licence.

Anonymous said...

At least, corrupt UMNOleaders are being dealt by the authorities. No suicide, no drama, and no SELCAT or DAP Disciplinary Committee to do cover-ups.

This typifies your 3rd grade intellect and moral compass. You are a dipshit

A Voice said...

Typical loser and school dropout turn hooligan mentality of opposition cybertroopers.

Cant talk sensibly without spewing insults and cursing.

Anonymous said...

Biasalah penyokong yahudi peliwat, kaki pelacur, perasuah, penipu, pembohong, penyokong murtad, penyokong ugama sesat, penyekutu tuhan, pengkhianay, dan tiada moral

Anonymous said...

hey there's always that singapore LINK ...


Anonymous said...

anon@3:59 PM says, "You are a dipshit"

the one DEEP in shit is the one who never rebuts any point using facts and data

instead resorts to a defeatist strategy of low IQ accusations tainted with negative and baseless descriptive words and phrases

you recognise the man in your mirror??

Anonymous said...

Anwar use to bait the rakyat and his Pkr follower with all kind of sweet talk.

"Kail berduri di salut umpan"

Shamsudin Afrika said...

Believe me,nothing you can get from Anwar or Quek if he give statemant in court.He can say he know what.They borrow the money from Hong Leong to buy Arus Murni and KBB from Idris.Low borrow the money from Hong Leong and refuse to pay his loan despite making a lot of money from the deal.

Do you know who is mt Low Theam Hoe.He is the right hand man ,until today,of Mr Teh Soon Seng.Remember Aokam Perdana,Goldan Plus and Idris Hydraulic.In the 90 they are the darling of stock market.aokam wad trade at 35 rgt.Golden plus was 16 rgt and Idris was 8rgt.Low was the director of Golden Plus..Hamzah was the executive director od Idris and Faiz was the co.sec.They were like abang adek before.Now when they were sued by the bank ,they start blaming game.
The federal court under Tun Zaki as Lord President had mave vary clear ruling.If you owe the bank,you have to pay.Court is not interested on conspirasi or grand mother story.

Mr Low,bring back your money from Hong Kong and pay the bank.You can fool yourself but not Quek.He might have found out you have a lot of money in Hong Kong.That why he renew the suit after he stop for a while in 2005.

Dot said...

when a demonic 'imam' preaches, his devilish parish heed his call...

Anonymous said...

Looks like Anwar will be RM250 million poorer to prepare for election.

That is a bait too.

If Faiz can pay, many questions will be asked. He could be committing money laundering offence.

The Bank procedure will be under scrutiny too.

Why did Bank give such loan?

Takkan tak reveal

Anonymous said...

Anwar is attacked on all fronts. His rivals will do everyting to make sure he will not be in Putrajaya after the GE13.

Anonymous said...

So does anwar attacking najib on all front to the point of destroying everything built by the nation forefather.

He is wlling to sacrifice islam, the race and constitution. He has attacked all institutions of the nation.

All to deny najib and bn to defend their political position.

What is the different?

Anonymous said...

anon @ 1:24 PM

anwar started the attack against Tun Dr M, Paklah, Najib with all sorts of accusations

his wife azizah also accused the govt of poisoning him with arsenic, injecting him with HIV contaminated blood

so he's asking for it - those he accused need to self defend

My Say