Sunday, December 09, 2018
The pro-government media is actively trying to play down the number of crowd.
The social media showed extensively images and videos of the gathering that it cannot be disputed to be bigger than any of the BERSIH series.
In anticipation of the large turnout, PPBM and PAN wavered from their earlier stance to favour considering ICERD. Tun Dr Mahathir changed from his cynical swiping of the anti-ICERD rally to U turn to take potshot at SUHAKAM.
PKR is in a dilemma with sizeable number of its Malay members not supportive but non-Malay members are supportive of ICERD. Dato Seri Anwar Ibrahim did not put a stand but Nik Nazmi had AMK loudly support ICERD.
The champion behind the idea of ICERD is COMANGO with DAP's hidden hand lies in the background. The recent culprit trying to push ICERD is not controversial Minister Waythamoorthy, who announced government will retify ICERP, but it was Foreign Minister Saifuddin Abdullah.(In the earlier government, it was Dato Nazri Aziz but rejected by Dato Najib}.
He inserted the message without specifically mentioning ICERD in Tun Dr Mahathir's speech at the United Nation. (Kelab Che Det supporters claimed and showed documents Mahathir was involve in writing the speech).
Friday, December 07, 2018
Government announced the closing of Amanah Ikhtiar Malaysia. The late Chairman, Dr Zubir Harun, who passed on after GE14, would be turning in his grave to know of this.
Prior to GE14, opposition politicians criticised the giving of "dedak" handouts by government. Within 6 months in power, the agency, which supported the poor, single mothers, and those without means to make a living across all races with fishing rods to fish, was closed up. Naturally, the excuse is political and one can expect the blame to 1MDB, Jho Loh and RM1 trillion debt lie.
Underlying all these moves is DAP pursuit to realise their utopian Malaysian Malaysia for equality across all races at breakneck speed and taking advantage of the political lull of UMNO, PPBM and PKR without consideration for social fallout and massive numbers falling into poverty.
More important than equality is social justice across all races. The equality for budget allocation to all types of school means the more in number, and higher priority under the Federal Constitution like Islamic religious and national schools will get less per school than other type of schools. Brutal budget slashing to MARA, B40s, and other groups under guise of equality is denying social justice.
Fuziah Salleh may not realise but she is being made a front for a DAP-initiated effort to close the non-issue Lynas. In doing so, she is pandering to DAP agenda, assisting their political in-road into Pahang, and denying her fellow Pahang-ites the fishing rod to be economically independent.
Lynas employed 90% Malay workers and generate economy to the local community. Getting FDI is tough these days and yet PH government is lengthening Malaysia's long list of foreign countries it is quarrelling with. Latest being Singapore and Saudi Arabia.
Sunday, December 02, 2018
On Facebook recently, an ex-mainstream reporter ridiculed the #FreeNajib meme as #NajibPercuma.
Having being in media for decades and written columns and features, he should be considered journalist but such mentality makes him no different from cub reporter right of a Seremban secondary school.
Dato Najib have been subjected to far worse insults but for that to come from an ex-mainstream reporter, who was actively lobbying and getting PR job from previous PMO and getting money in the multiples to the dedak Najib allegedly gave out to his dedicated cybertroopers, it is uncalled for.
Such ungrateful behaviour and pro-government media switching side and resorting back to the pre-Abdulah Badawi level of devious reporting and crass propaganda makes many unsympathetic to the fate of media companies.
They can play the role as mouthpiece of government but do so professionally as an informed journalist with fair level of objectivity and critical thinking. Reporters are still picking snippets for story than true reporting of events.
Lately, the reports in the media are so tame as though reporters are afraid to ask questions. In the case of the charges on Tan Sri Irwan and Dato Najib, the media failed to ask the pertinent question.
Friday, November 30, 2018
A friend complained that Facebook put him on a 3-day ban for calling on police to investigate Waytha Moorthy.
Aliran Executive Commitee said it rightly that government should focus on tackling poverty (which is expected to worsen following the disastrous budget by Tun Dr Mahathir's Minister of Finance, "Nobita" Lim Guan Eng) and insecurities of B40.
Cabinet or more accurately, Cabinet Members, including the PM, should shed their opposition character, stop their shallow politics, and focus with the job in hand to govern and take the country out of the rut that is their own doing.
Mahathir denied but the events unfolding is undoubtedly personal and political revenge. Thus the question posed by Martin Vengadesan of The Star: Do we want justice or revenge? Our fingers are so itchy to write of what we see of some of the cases against BN leaders.
In addition to the valid concern of Aliran, a column in The Star questioned how Waytha could announced government would rectify ICERD without any news of cabinet discussing the matter, and surely no cabinet decision was reached since PPBM leaders opposed ICERD and PKR, except for AMK, are cautious on ICERD. There was no prior communication, explanatory roadshow government and public discourse by government.
As Joceline Tan revealed in her column here, it was Saifuddin Abdullah that slipped ICERD into Mahathir's speech at the United Nation and Waytha spiked on the set-up ball.
Then came the temple incident in which Waytha devious hands is at it again.
Thursday, November 29, 2018
It is un-sangka-reable.
But the eldest son of Sapura founder, Tan Sri Shahril Shamsuddin Kadir survived an attempt to oust him as CEO in July.
The initiative to kick him out of the Board of Director was led by no kucirat shareholder but government pension fund manager, EPF.
The dispute was his big pay. For Sapura Energy that loss nearly RM3 billion on a revenue short of RM6 billion for FY 2018, Shahril was earning RM72 million excluding an IP rights payment of RM43 million. [Read The Edge here].
It made the big fuzz over the salary of the late Tan Sri Abdullah Ahmad aka Dolah Kok Lanas as Chairman and acting CEO of SPPK in the 80s pittance.
This case was quoted by our Company's late Chairman, a former MITI KSU in the late 90s when he refused to accept any Board renumeration till company made money and shareholders get their dividends. Having collaborated before with MSWG, that would be our stand.
In the case of Shahril, 82% of the shareholders voted to retain him as Director at the company's AGM in July. Shahril holds only 15%.
More astonishing, PNB announced in late September that they are prepared to take up any unsubscribed shares from a planned RM4 billion right issue up to 40%, which is basically increasing their stake from 26%.
With shareholders overwhelming endorsement and backup from a reputable institution PNB, idealism goes out the window.
Tuesday, November 27, 2018
"Tak dibuat orang", a top law enforcement officer confided when asked his view of Felda Global Ventures Berhad (FGV) suing its former Chairman, Tan Sri Isa Samad, former CEO, Dato Mohamed Emir Mavani Abdullah, and 13 others including former government representatives in FGV.
Such remark is natural as it will be the first time since the overhaul done on the Company Act in 2016. According to AskLegal.my website, today "you can actually sue directors for breaching their director duties".
The overhaul done under Dato Najib administration seemed to bite him back but it would not have been done by current Prime Minister, Tun Dr Mahathir.
He U-turned to delay the amendment to take out the responsibility of Public Prosecutor from the Attorney General despite Dato Gopal Sri Ram obviously playing the role now.
It is certainly a vindication to finally "Gotcha!" on Emir Mavani. Never convinced with his use of Enterprise Value in acquisition of plantations, including Eagle and United Pontian.
As for Isa Samad, it serve him right for insisting on oil and gas man, Emir as CEO and the conniving move on seasoned planter, the late Tan Sri Sabri Ahmad in 2013. He contributed to BN losing 25 "Felda seats".
For the rest, it is high time Directors be penalised for not carrying out their fiduciary duties said a former corporate player that used to hog the media.
Wednesday, November 14, 2018
Hidup itu seperti UAP,
yang sebentar saja kelihatan, lalu lenyap !!
Orang memuji MILIKKU,
aku berkata bahwa ini HANYA TITIPAN saja.
Bahwa mobilku adalah titipan-NYA,
Bahwa rumahku adalah titipan-NYA,
Bahwa hartaku adalah titipan-NYA,
Bahwa putra-putriku hanyalah titipan-NYA ...
Tapi mengapa aku tidak pernah bertanya,
MENGAPA DIA menitipkannya kepadaku?
UNTUK APA DIA menitipkan semuanya kepadaku.
Monday, November 12, 2018
|An old caption of YB Fuziah Salleh and YB Wong Tuan Tat|
The Australian Financial Review this morning reported with confidence as they claimed "Lynas unscathed by first Malaysian review hearing". They may have quoted The Star's Sunday report here, in which all relevant government agencies were cleared by all relevant agencies. An extract below:
By the end of the nearly five-hour public hearing on the issues surrounding the rare earth refinery's operations, all parties had had their say.Rosli went on to say the water that passed through LAMP came out cleaner. [Read more in The Sundaily here].
Government agencies such as the Department of Environment (DoE), Atomic Energy Licensing Board (AELB), Malaysian Investment Development Authority and the Department of Occupational Safety and Health (DOSH) generally found Lynas to be in compliance with rules and regulations.
Pahang DoE director Rosli Zul said throughout the development of Lynas, the department found that the company had abided by all the relevant environmental regulations.
In our previous posting here, Fuziah Salleh and Wong Tuan Tat remained defiant to see Lynas go.
Wednesday, October 31, 2018
These "opposition"-type do not give-up so easily. Not even when they have taken over the government.
With the benefit of being in the political leadership and access to civil service support, they should have a better picture of the various considerations in any decision by government.
Lynas Advaned Material Plant (LAMP) received extension till February 15 of the temporary permit to store residue at its site. Immediately, Wong Tuan Tack, the MP for Bentong from DAP responded to urge the PH government not to repeat the mistake of the previous BN government.
It is perhaps ego to show they are right and it's not just politics. Maybe it is a matter of face after the anti-Lynas failed to prove their point at the PSC public hearing then. Probably they have something more than questioning government and various agencies for approving the licences and site, thus should not give up. Since Pahang remained with BN, it could be political.
Earlier in mid-October, Wong pledge to continue to fight on the claimed environmental cause of Lynas. He and another champion of the issue, MP for Kuantan, Fuziah Salleh, was requested to vacate the LAMP executive review committee.
The Lynas defiance is interesting on many accounts.
Monday, October 22, 2018
One would expect a columnist with accolades of assignments and Harvard mentioned in his resume like Phar Kim Beng would have given a decent commentary to Dato Anifah Aman's response in Parliamant to Malaysia Baru's new Foreign Minister, Dato Saifuddin Abdullah.
Phar's reply to Anifah's calling of Saifuddin as not "well-versed" in South China Seas issue was to reduced it to as hackneved.
He then ridiculed the expertise of a former Director General of Maritime Department in the Foreign Minister, who was recently sent to France as Malaysia's new Ambassador, as Anifah's only expert on South China Sea.
Subsequently, he was throwing the names of few diplomats, which was not quite clear whether he was potraying Anifah as getting the wrong advise from the wrong people or Saifuddin seek advise from better diplomats.
Phar seemed to run down all the diplomats which advised both Anifah and Saifuddin. This technique in debate is hackneyed, meaning overused; unoriginal and trite. It is so DAPish to run down without giving a fair and honest assessment.
Friday, October 05, 2018
Still doing a pun on Bill Clinton.
Voters turnout for by-elections have been low and the same expected for the return of Dato Seri Anwar Ibrahim via Port Dickson.
Many more charges against Dato Najib and now Datin Seri Rosmah. Will it make the public more angry towards them or if it is overdone, could it result in public sympathy?
Tan Sri Zainuddin Maidin is lendong a hand to spew insults to fire up hatred but again, no charge sheet is ready. Printer's fault at the AGC.
Was the hurried charges meant as diversion to an unproductive London-New York-London trip for PM or divert attention from PD for PPBM's subtle attempt to deny Anwar of victory?
Apparently claimed a source, few of the candidates in PD are being funded. But wonder who cares for all these politics when life is getting difficult.
World Bank forecasted Malaysia's economy to grow slower than expected. [Read in NST here]. Cost of living for B40 went up in multiples. [Read TMI here.]
PH campaigned on this issue but when in government, only aggravate matters. So the need to cook up a RM1 trillion debt lie!
If that is not bad enough, official government statistics for August confirmed trade contraction for the world's 16th largest trading nation. [Read here.]
Monday, September 24, 2018
Didn't I tell you
Do not leave me for I am your only Friend,
I am the spring of life.
Even if you leave in anger for thousands of years
You will come back to me for I am your goal and your end.
Didn't I tell you
not to be seduced by this colorful world
for I am the Ultimate Painter.
Sunday, August 26, 2018
Bear with it and endure.
Those were the words of Thomas Jefferson, an American Founding Father, who was the principal author of the Declaration of Independence, and later served as the third president of the United States from 1801 to 1809. More in Wikipedia here.
There will be those still believing it was a necessary change or too proud to admit their mistake of choice. Naturally, the likes of us believe the majority chose the bigger evil.
More of Thomas Jefferson quotations which will increasingly be relevent discussion in the current political environment in Malaysia.
Tuesday, August 21, 2018
Tuesday, August 14, 2018
Monday, August 13, 2018
Blogger Big Dog's growl towards a lawyer Dato for ridiculous expectation on Lembaga Tabung Haji came off as a surprise. Why is the newly appointed Chairman, Tan Sri Mohd Nor Yusof rather quiet?
According to sources familiar with corporate figures of Tun Dr Mahathir's first time as Prime Minister, Mohd Nor Yusof is associated with Tun Daim. Recent appointments to PNB, Khazanah, BNM, and Petronas was noticeably aligned directly or indirectly to Mahathir or Daim.
Positions to head Bursa Malaysia and Securities Commission are still not fulfilled. Bursa CEO, Dato Seri Tajuddin Atan tendered his resignation in June and it is still headless. There is widespread head hunting exercise but no takers due to the low salary.
Government must be in a bind to fill-up the large number of vacancies that even Dato Ahmad Azman bin Dato Abdul Manaf or Man Koboi to his MCOBA friends is considered acceptable for the position of SC Chairman.
It was Utusan Malaysia that broke the story yesterday. Unless it is a decoy before a surprise announcement, The Star reported Azman as the likely candidate.
Sunday, August 12, 2018
Though losing the Sungai Kandis by-election, BN claimed there were positive indications. However, analysis has no value as it is too early, and the seat is a lubuk (goldmine) of PKR.
The pre-mature confidence became the basis for Dato Johari Gani to question the strategy to put Dato Najib in the forefront of the campaign. [His statement at the end of the posting].
It became an interesting debate on the role of Dato Najib in UMNO and the way forward for UMNO. Interesting because it is not the practise of UMNO to express such manner of views openly and with such frankness.
The spirit of Malaysia Baru has got the better of UMNO.
In the midst of the exchange, Tan Sri Annuar Musa suddenly made statements out of context to the current subject thus making it possible there could be more than midst the eye.
Friday, August 10, 2018
That is writer of the blog Third Force, Reggy Jessy ridiculing Lim Guan Eng for wanting to auction off the believed to be illegally seized superyatch Equinimity.
The new cabinet members have many versions of Ahmad Maslan, the former Deputy Minister who was the favourite target of then opposition and public for ridicule.
Since then, there is a Mat Maslan II emerging as in the education Minister, Dr Ahmad Maszlee. Young Syed Saddiq continued to utter senseless and inconsistent remarks everytime his mouth opens up in front of the press.
Now that they are in government, opposition leaders like Mat Sabu, Salahuddin Ayub, Saifuddin Nasution, Teresa Kok, Khalid Samad, Zuraidah Kamaruddin, Kulasegaran, and even Azmin recently with the "met Singapore official on HSR" boo boo turned out to be splitting images of Mat Maslan.
Unfortunately, the bigger Mat Maslan as in Lim Guan Eng went un-noticed.
Wednesday, August 08, 2018
Malay Mail broke a rumour yesterday claiming Dato Najib will be arrested when he present himself for further statement at MACC yesterday.
A source claimed Najib will be locked up over night and be presented to court today for three more new charges for money laundering (AMLA). .
Najib was not locked-up but The Star this morning reported MACC confirmation.
When the rumour first broke, there were many reaction to the rumour from questioning when will the charges on the few years of accusation made on 1MDB to why cheap shot of only AMLA.
There were snide remarks by few lawyers in our WA group. The claim of rule of law under the new government is made fun off. And, the Attorney General's withdrawal of outstanding cases against PH leaders and a matter of time, Lim Guan Eng's corruption case too were raised.
Coincidently or by design, Indonesia announced they have seized the superyatch allegedly belong to Jho Loh and it turning it over to the Malaysian authority yesterday.
It is supposed to be an attention diversion from many issues pervading the new government.
Monday, August 06, 2018
A letter sent by the former chief of Malaysia’s espionage agency, Datuk Hasanah Abdul Hamid to the US Central Intelligence Agency (CIA) prior to the election created much hue and cry by a lawyer, leaders, and youth leader aligned to the new government.
It was a matter of time she would be made an issue following police raid of her home at Seri Kembangan [It is reported by news portal, World of Buzz on May 22nd here]. It could be a fixed up job but she is not exactly popular and may not get much sympathy by those in the know.
Words are she viewed Dato Hamid Badur as a threat to her position and psyched him into resignation by providing him an empty office with only a table and chair. She was said to be in a office quarrel that extended into bomoh being employed. And, talk is she questionably took up the bulk of the election campaign budget for operationally worthless system and laughable strategies.
Her alleged abuses and exploits is now water under the bridge. Personally, her letter is uncalled for and though some defended it as quite acceptable, it's rather naive to put such views in writing. More on that later.
A top official of a US State Department-funded body linked to the Republican party, International Republican Institite admited working together with the then opposition to "throw out" the government. For few general elections, it is an open secret but the video acknowledged the covert operation between the US and the then opposition.
The letter to CIA exposed Hasanah as not quite intelligent. The pertinent question is whether the collaboration by PH with IRI is not treason too?
Thursday, August 02, 2018
These days, it is easy to discredit any claim or demand by Malays for any of their rights and interest by brushing it as racist. Other race or self interest group can demand the sky and get away with it.
New education Minister, Dr Mat Maszlee could apologise and succumbed instantaneously to approve demand from DAP for refusing budget to no constitutional obligation and not high priority private Chinese school and UEC certification.
When he had to explain in Parliamant as why to he issued a statement in Mandarin without a Malay translation, there was no genuine remorse in his apology.
Lim Guan Eng issued an official statement in Chinese without neither Malay or English certification. No apology was deemed necessary and the excuse, if memory did not fail us, was oversight.
It is temptng to fall for the common cliche that it is discrimination against Malay and racism by DAP Chinese. Naturally not when Guan Eng reiterated that he is Malaysian first. One should ignore any claim DAP rallies mentioned about using the Malays to achieve Chinese dominance.
However, Guan Wng could be anti-Chinese, and indirectly a racist...
Monday, July 30, 2018
That is unless the long list of broken promises and excuses that could be stretched into a booklet had not douse the enthusiasm. .
The politics behind such claim is glaring. Rocky Bru's latest posting humoured the interview with a picture of Pak Lah replying, "So did I."
Any regular readers should have notice that this blog do not take seriously any statements with insidious political undertone.
The same with the Mahathir's chest thumping claim his new government will be better and cleaner to another foreign media in early July.
It was to prep up for his announcement on a series of measure to ensure a clean and corrupt free new government.
Friday, July 27, 2018
Since the last posting HERE, Tun Dr Mahathir admitted in Parliament that Japan may not provide the low interest loan new government needed but excused as bringing the cost down.
However, it is only typical Mahathir's logic for the uneducated public and not likely to be the real reason. He should have learned his lessons from getting whacked by the foreign exchange market twice.
And Mahathir would have realised the Japanese non-committal, but polite, gesture during his first overseas visit as PM again to Tokyo.
Pre-empting that possibility, Mahathir sent Tun Daim to meet Prime Minister Li Keqing to deliver a letter last Wednesday July 18th. It is likely the prequel to his 5-day visit to China to meet President Xi Jinping beginning August 17th.
However, domestic happening ruined the plan. It opened the Council of Eminent Persons (CEP) to attack and the visit is not likely to appease the infuriated China. In fact, Malaysia run the risk of being isolated internationally.
Mahathir should restart Langkawi International Dialogue to make him look good as though he is the leader of the third world countries of Africa, South America and Asia.
Thursday, July 19, 2018
The public is excited over the cheap branded-species durians found in abundance by the roadside these days. However, they do not realise it is indicative economic powerhouse China has retaliated economically.
Palm oil prices and latex has fallen below cost and plantation companies are looking at loses. Millions of farmers are facing the prospect of poverty level income. The silent retaliation has impacted on tourism, stock market, bond market, and ringgit.
It is no secret during and after the election that Tun Dr Mahathir is severing the economic ties with China built by Dato Najib on the long friendship established by his father. The storyline Mahathir wish to create for his fellow PH politicians is he is moving back to his old friend, Japan.
But on the same July 10th that Japan Forward wrote, "Malaysia’s Mahathir Says, ‘Look East’ to Japan, Away from China", Nikkei Asian Review published a damaging article, "Mahathir's economic vision a hard sell for investors."
Three days ago, July 16th, NIkkei continued its pessimistic tone in an article, "After the upset: What Mahathir's return means for Malaysia" with the poser on the 93 year old ability to deliver the high hope of youth. Is the mouse fixing the pumpkin?
NIkkei is the world's largest circulation financial newspaper. Its political leaning is described as moderate conservative but its humble beginning as an in-house publication for one of Japan's largest sogososha, Mitsui & Co. maybe reflective of Japan's view of Malaysia.
Monday, July 16, 2018
In December 11, 2017, The Edge reported the Senior Vice President of UOB Malaysia forecasting ringgit to strengthen for 2018 from the level than of 4.07 to below the psychological level of 4.00.
That was a gutsy, specific and justifiable forecast made. The details HERE. Ringgit was flat that month before US dollar nosedive against ringgit to actually went as low as near 3.85.
Unfortunately, the economic senario took a different course and all the markets went under with ringgit weakened sharply and is expected to weaken further.
Confidence level on the economy, and the country is low. The euphorio is not over, but it will be once public realised the economic mess the new administration made. Lim Guan Eng screwed it big time with his so-called I am telling the truth bull.
After latex down and oil palm below RM2,100 per tonne, ringgit is expected to be do a sharp nose dive against US dollar. The opposite to the US dollar nosedive against ringgit the last time around.
Expectedly, the power at be are seeking media and analyst to avert the inevitable by painting a rosy picture and shed some confident on ringgit. Consequently, NST report yesterday reported ringgit can strengthen with a headline of 3.20.
Heaven's to Mega Troud! Ringgit is now 4.0250. At least, spin the story intelligently.
Sunday, July 15, 2018
There was a subsequent reaction from YB Khairy Jamaluddin on the appointment of former Attorney General, Tan Sri Apandi Ali on UMNO Supreme Council.
Apandi has since rescinded on the offer citing the controversy his appointment could attract. If retired Court of Appeal judge, Dato Mohamed Ariff bin Yusof could accept appointment as Speaker for Dewan Rakyat, why not Apandi.
Perhaps, being associated with 1MDB and 1MDB related debacle is a major hinderance to any involvement with UMNO.
Back to KJ, his earlier comment on the direction of UMNO did ruffled some feathers.
One would have thought he appealed to the Gen Y but one reporter of that generation, Zaidi Azmi wrote a Dear KJ on his Facebook:
Wednesday, July 11, 2018
Pakatan Harapan leaders met last Sunday to discuss the appointment of the Speaker for Dewan Rakyat i.e. Parliament. The announcement is expected today or tomorrow, if Tun Dr Mahathir is still trying to manouvre his way.
For quite sometime, words have been going around that Mahathir wanted Tan Sri Rais Yatim to be appointed Speaker but was resisted by the other leaders of PH. Sources claimed Mahathir asked for UMNO support from Dato Seri Dr Ahmad Zahid Hamidi in the meeting at Yayasan Kepimpinan Perdana prior to the party election together with his offer for UMNO MPs to join PPBM.
These days many loyal members of UMNO are questioning the loyalty-bility of their leaders and elected wakil rakyat, who could selfishly jump ship without giving due consideration to those who supported and voted for them. The selfish and betrayal acts of politicians raise concern of their integrity.
Though it is not the main concern in the third world politics of Malaysia, where political pundits are in awed with the slight of hands in the manouvering of politicians, irrespective whether it is morally and ethically correct, Zahid knew that it was inappropriate.
Be that as it may, PH government will find it hard to claim they are creating a new Malaysia with a highly inappropriate choice as Speaker. They should not choose Rais.
Tuesday, July 10, 2018
|Montage created from Bernama twitter report here|
Tun Dr Mahathir denied he was vengeful but to those discerning eyes, not still in pampers and baby pacifier between 1981 to 2003, it is not believable. Not with the overtly aggressive actions of police, and MACC.
And, not with his recent statements and speech yesterday advising civil servants and politicians to be honest, avoid corruption and not enrich themselves, family and friends.
On the back of vengeful and witch hunting on civil servants, politicians and GLC CEOs throughout the country being removed drastically through dismissal, or immediate transfer or force resignation, there was a similar but small happening in Shah Alam yesterday.
A senior officer of MACC was handcuffed and chained by police to Shah Alam court to be charged for a relatively misdemeanor offense under the penal code.
Tuesday, July 03, 2018
The Mole's column last week, Replacing GLC CEOs: Financial constraint or politics?, discussed the plan by new government to change the CEOs of GLCs.
The arguments against the idea is the disruption to the running of smooth running of government, politically motivated move, out dated practise, scepticism over high salary as the basis, and pay peanut, get monkey.
While, the argument for the sacking is financial constraint, loyalty to previous government, top executive self reward themselves, and GLC success is attributable to their government linked than CEO capability.
Be that as it may, a particular comment caught our eye:
If an organisation pays their top executives Singapore-level salary scale but contributes less than one per cent annually to government coffers, by all means, the Trump-style “you are fired!” is justified.From a mile away, one could spot the target is Khazanah. Who will get fired at Khazanah?
Saturday, June 30, 2018
During Hari Raya on the second day at the house of a VVIP, a son of the host's close friend was loudly talking of new hope from the change of government.
The lad works in Tokyo and has a Mat Salleh wife. There was no slang in his English - American or British or Ossie - but the fluency tells that English is the family's first language and his Malay is rather pelat.
His profession was IT thus his profile is a dead giveaway on his level of knowledge and understanding on the matter he commented.
Nevertheless, we should celebrate his aspiration. It is that of our's too but different in choice, experiance and pragmatism.
Talking of pragmatism, has reality bite on the new government and the public of the new government?
Thursday, June 28, 2018
Over tea that stretched to dinner yesterday with a lawyer involved in a well known case, the subject of Tommy Thomas as new Attorney General came up.
The politically neutral and fairly level headed lawyer said, it would not be easy for him to be AG but not be involved in prosecution.
Tommy is good in his private practise on constitutional law, civil cases and contract related matters but he has no experience in building cases.
Defense lawyer work is easier as one only need to punch holes into the public prosecutor's case. The burden of proof on public prosecutor is heavier. The reason cases need to be almost 100% solid or if it could be quantified, 95% sure before taking to court to be punched holes by defense lawyers.
In the light of many cases coming up, in which the court of public opinion dubbed certain individuals as wrong, it maybe a different story in the court of law.
Tommy's statement to confirm receiving MACC's Investigative Paper and forming two teams to study it suggest few implications. The previous AG only needed only one team.
Former Chief Justice, Tun Abdul Hamid likened the manner Tommy operate as AG to a private practise lawyer.
Wednesday, June 27, 2018
In August 2013, this blog was in pursuit of the CEO of Putrajaya Holding, Dato Azlan Abdul Karim.
The allegation was for abuse power and receiving kickback which involve victimising genuine and bona fide contractors doing real and hard work. [Read it HERE and HERE.]
Today is June 27th, 2018. After 5 years, this heartless, cruel and corrupt bastard CEO was nabbed by MACC.
.Malaysiakini reported below:
Before the previous BNM Governor, Tan Sri Muhammad Ibrahim was selected, the talk then was that Tan Sri Zeti Akhtar Aziz's preferred successor was 1MDB investigator, Dato Nor Shamsiah Yusof.
If she was seen promoting and campaigning for Muhammad then, she is now promoting, campaigning and soothing public concern on Muhammad's resignation and Shamsiah's appointment. Heard the better choice should be the baiyi but Shamsiah's 1MDB effort is more the interest of Tun Dr Mahathir.
Zeti is the prefered choice of Mahathir to be used till she is of no use and to be chug aside. Increasingly, she is of no use. How much could Zeti's soothing assurances be of value to investors in a slowly but surely crashing market and an economy heading for recession?
The same with Shamsiah.
Monday, June 25, 2018
There is an interesting political analysis and forecast by Meredith L. Weiss, Associate Professor, Department of Political Science, Rockefeller College of Pubic Affairs & Policy, University of Albany - State University of New York on the online news portal, FMT this morning.
We neither agree nor disagree completely, but it is an interesting view on what happened and what is to come. Somewhere in the analysis, it reminded us of George Orwell's 1945 classic political satire, Animal Farm.
Having taken a change of stance in early 2015 and switched support, it was not the after event that revealed the hypocrasy but the events before that long led us to the eye opening realisation. So we lost and there are always winners and losers.
Maybe others will eventually notice these pigs.
Friday, June 22, 2018
It is coming to the second month of the new administration.
Second time around Prime Minister, Tun Dr Mahathir has yet to appoint the important "spine" appointment of Foreign Minister.
It is World Cup season thus the use of the term spine that is commonly associated as key position in a football term in which other team members are built around.
The diplomacy partnership between Dato Najib and Dato Anifah Aman had achieved more in terms of expanding diplomatic relations, bilateral agreements and cooperations at the international stage than previous administrations.
It is one strength of Najib's administration seldom known and far from being acknowledged locally. If not for diplomacy, Najib would have not attracted massive investments from Middle East, China, etc and undertake to champion the plight of the Rohungya effectively.
Mahathir's position on foreign policy is unclear that the "trade journol" on foreign policy and international relation, Foreign Affair took notice.
Thursday, June 21, 2018
Heard it from one of the horses' mouth that it is pointless to fight when one can't win.
It led us to ponder whether the resignation of Chief Justice Tun Md Raus Sharif and Court of Appeal President Tan Sri Zulkefli Ahmad Makinuddin was because their "extension" as Federal Court judges and subsequently their appointments could not survive the test of the Federal Court or some other reason/s?
If they had lost in court in the case brought by the Bar Council, the implication would be horrendous. Practically, all judgements that involved any of them could be appealed for review and only build up more backlog in court. Thus it is could be a gentleman move to uphold the court system
Otherwise, the dent on government expenditure would have angered Finance Minister, Lim Guan Eng. However, he is not likely to rebut as he did to Dato Seri Anwar's advice to watch his mouth.
Though Lim Kit Siang had called for their resignation, it was Papa Lim himself that was vocal during the 1988 judicial crisis. The Lims are silence now. So do Bar Council.
However, few opposition and senior lawyers did criticised this interference by the executive branch of judiciary. None of the pro-UMNO lawyers could be heard. Not even Perkasa, since a non-Malay and non-Muslim will likely be CJ.
Wednesday, June 20, 2018
Bursa lost 28 points yesterday, and foreigners sold RM554.94 million yesterday, up from RM238.85 million a day earlier. While the public begin to realise the declining state of the economy and 100 days PH Manifesto is a farce, there are still those in a state of denial.
They tried to rationalise as global money flow, EU oil palm decision, US-China trade war, ECB easier monetary policy, and insisted to blame Dato Najib's infrastructure plan is assuming too much debt. They believed new government will draw a good plan to make Malaysia developed by 2025 and called us working for George Soros.
Hello friend! Do search this blog on who is behind Sarawak Report.
This blog forecasted market would rally after GE (read HERE, HERE and HERE). However, PH win followed by foul mouth of new government leaders and their witch hunting vengeance made us review our position and even warned of a market decline on all fronts (read May 22nd posting HERE).
Lim Guan Eng begin to shut his mouth and new government is trying to calm nervous investors and public But 'no claim by Mahathir that Japan will approve the Yen loan will succeed. The worry is Tun Daim is no more in his prime and the unconstitutionally authorised CEP will end their role after 100 days. Not so eminent for not able to deliver any of the election promises delivered.
We now begin to question whether there is more than meet the eyes. It is unbelievable that the stars are all aligned against Malaysia. Similar to the 1997-2000 financial crisis, Third Force claimed Dato Seri Anwar Ibrahim is aware of the foreign sabotage on the economy.
Being currently denied PM-ship, is he is behind the market downfall again?
Sunday, June 17, 2018
|Cancelled celebration of Israel's victorious 6 day war in 1967 planned in Melaka|
At least, there are bloggers concerned with the development in the market and implication on the country.
Few FB comments expressed concerned with words uttered by Tun Dr Mahathir and Lim Guan Eng as not helping the economy. In addition to repeated mentioning of RM1 trillion debt political hoax, there was the technically deficient earlier remark of Guan Eng on government bailing our 1MDB.
Enough of picking on Guan Eng. Azmin's remark is far more damaging. FT.com quoted his, "Economy is in a mess" remark here.
And, there have been many developments over the weekend and Hari Raya holidays. Comments on foreigners streaming out of the stock market have gone viral. There is also rising awareness on the important agriculture product of Malaysia, palm oil and potential of ringgit.
The instinct is it could be a stormy Monday by the indication of increased amount of foreigners' selling last Thursday.
It is strange that everything is falling into place since the selling two days before polling on May 9th. No ... no ... please not another Zionist conspiracy.
Thursday, June 14, 2018
Today is the last day of Ramadhan and tomorrow begins the celebration of Aidil Fitri.
Be careful on the road to ensure a Selamat Hari Raya. Was just told a nephew had a road mishap yesterday that caused the life of his wife and child with himself badly injured. Al fatihah
This blog made a premonition of an upcoming market black hole two weeks ago. A commentator dispute us and confidently claimed we will be proven wrong. It would be most welcome.
The intention to be the prophet of doom is to forewarn the new Malaysia Baru government, which remained drowned in euphoria, Mahathir's vengeance, and DAP's impatience to undertake revolutionary change.
It is unthinkable but they seemed unaware of the current happenings and implication of their actions to the stock, capital, currency and commodity market as well as the country's economy at large.
They can't deliver on their manifesto but resorted to cooking up bankruptcy and 1 trillion debt lies [read here, here and here] to the detriment of economic confidence on Malaysia.
Monday, June 11, 2018
It is not be done in haste as failure to do so will result in people questionimg all the remarks and accusations made against him.
This is no more swings and roundabout but practically an about turn. Its also the snake shedding a new skin acceptable to the intellect of the un-uneducated Japanese and global audience.
Mahathir also said Malaysia will not slide into bankruptcy as there are “huge savings” from several government institutions, which can be used to help the economy recover in the event of crisis.
“I don’t think ... the country will slide into bankruptcy,” he said in a news conference broadcast live from Tokyo, Japan where he is attending the Future of Asia conference hosted by Nikkei.
The Malay Mail reported:
Sunday, June 10, 2018
Swings and roundabout is a British idiom to mean "losses, setbacks, or negative aspects of a certain situation are cancelled out or balanced by equally advantageous or positive elements (or vice versa)".
The election is over and PH has won. The advantage or positive outcome from the use of the bankruptcy - truly or falsely, has worn out.
The attempt of Lim Guan Eng to continue with the same propaganda line to claim country's debt as RM1 trillion could cancel out the advantage they have gain.
This blog have been calling the propaganda or fake news or such political drama as wayang. Coincidently, a commentator with nicname, Anti Wayang viral the following comment.
Saturday, June 09, 2018
A friend, whose organisation almost got chopped recently by the Malaysia Baru new government, sent an interesting message.
Her message was refreshing and current. It was something we had delved into since our late teens and wrote of it in this blog many years ago.
It is purely an academic exercise but thought its worthy for pondering, thus shared it below:
I think it's important that we acknowledge and frame the issues that Malaysia faces.
While the sense of outrage is absolutely natural, let's recognize that what happened here is a story as old as time.
Friday, June 08, 2018
Last night was the the night of the 23rd of Ramadhan. It is touted as possibly the night of a thousand night or Lailatul Qadr.
It is the night one's prayers and wishes are fulfilled. There maybe Muslim investors or major shareholders of public-listed companies praying for a revival of the stock market.
According to a message viralling on social media and reports in the media, RM7 billion was taken out from Bursa by foreigners since GE14.
Despite the modest stock market gains on Bursa over the past 3 days, foreigners have pulled out money for 23 consecutive days - the longest streak since 2008.
Tuesday, June 05, 2018
Tommy Thomas is confirmed as the new Attorney General.
The lawyer suggested by DAP, represented Anwar in one of his many cases and agreed by the various parties in PH fits Mahathir's purpose to prosecute Najib for 1MDB and related to 1MDB offenses.
Tommy Thomas expressed his view on 1MDB in Malaysiakini back in 2016.
Please no talk of bias or prejudice as PH supporters will argue and justify it is not.
Monday, June 04, 2018
It was his first step towards proving he is right in his cause celebre, 1MDB (and related to 1MDB) to seek removal of Najib.
Thus far, Najib is not yet imprisoned as promise by Dato Mukhriz in his campaign trail. Claims Najib should be charged does not seem so as new MACC Chief claim he need few more statements. Former AG Tan Sri Abu Talib said need more than 100 days to investigate.
Be it himself or any other parties – local or abroad, including US Department of Justice - all claims on 1MDB remained unproven allegations.
Saturday, June 02, 2018
|Opposition message embraced by UMNO members led to BN's fall|
After 15 years of active involvement and many more decades in various minor and insignificant roles from keen observer to complimentary support, it is time to take stock of our involvement in politics. If there is a purpose to stay on, the new role need to be redefine.
Currently it is rather confusing and national politics look rather heedless or the Arab word best described the condition as Ghaflah (pronounced closer to Ghoflah). From Islamic context, it is negligence and heedlessness in forgetting Allah, and our divine purpose. The political context is closer in meaning to aimlessness.
Politics relate to governance, debate between political parties, and activities relating to secure power through political positions. The acquisition of power comes with it a sense of responsibility and purpose for a greater good for the nation, and its people.
As we see it, politics in Malaysia is moving towards a state of aimlessness and it looks to be moving towards the state of heedlessness (Ghaflah) at its extreme. So it is challenging to justify continuous active involvement and purposeful role.
In the first place, it was unthinkable to got involved given the in-fighting, suspicion and envy by certain influential character among Najib people. Maybe time to take few steps back to observe from afar.
Thursday, May 31, 2018
Circulating in Whass App groups today is an expose of the Gobbels-esque lie being spread by Tun Dr Mahathir government ...
Is the RM1 trillion "national debt" propaganda?
Firstly, Finance Minister LGE has confirmed that the official Federal government debt is RM686.8 billion, or 50.8% of GDP - which was what was reported by the previous BN Govt. This figure is exactly how the whole world measures its debt.
Secondly, LGE adds on Government guarantees of RM199.1 billion, or 14.6% of GDP
He says this comprises of Danainfra Nasional Bhd (RM42.2 billion), Govco Holdings Bhd (RM8.8 billion), Prasarana Malaysia Bhd (RM26.6 billion), Malaysia Rail-link Sdn Bhd (RM14.5 billion) as well as an estimated RM38 billion for 1MDB.
Let's take a closer look.
Wednesday, May 30, 2018
Election is over, so do not quite care of politics. Everything is confusing, directionless and at the extreme, it is heedless.
Kedah, Perak and Sabah is still in a turmoil. Conspiracy theory say the days of Tun Mahathir is numbered the moment Agong suddenly pardoned Dato Seri Anwar Ibrahim.
Kedah, Perak and Sabah is still in a turmoil. Conspiracy theory say the days of Tun Mahathir is numbered the moment Agong suddenly pardoned Dato Seri Anwar Ibrahim.
The government with a ruling party with 125 seats and opposition BN with 79 and PAS 18 is not a stable country. The underlying reason Malaysia attracted investments from abroad over the many decades of BN rule is due to political stability and continuity of the ruling party.
With that changed, foreign investors should look at the transition. Foreign financial media painted a rosy picture of a BN win.
The macro picture that won their heart for Malaysia is expected to change but it could not be done with Tun Dr Mahathir’s loud mouth.
The macro picture that won their heart for Malaysia is expected to change but it could not be done with Tun Dr Mahathir’s loud mouth.
The new Pakatan Harapan government came out from the win with a rather reckless disposition to change everything within a short time and Mahathir could not hold back on executing his revenge towards Dato Najib swiftly.
Friday, May 25, 2018
A former Indian MP turned writer, Sashi Tahoor claimed Malaysian opposition learned from India's experience in bringing down the post-Independent dominant ruling government, the Congress party in bringing down Barisan Nasional.
It is the same phenomenon that saw the end of the dominant Golkar in Indonesia, LDP in Japan and Kuomintang in Taiwan. So it is not for certain that the Indian experience was considered.
And, it is not for certain that the post victory possibility for Malaysia could be any different from India.
Its too early to call as the dynamics is not an exact science determined by macro factors but also filled with the intrigues of individuals and micro factors in the art of politics.
Tuesday, May 22, 2018
A market player was lamenting yesterday of foreigners not only sold their stock market holdings but went short.
What actually happened is more startling than the report by The Star here of foreign investors selling-off RM2.48 billion worth of shares caused the biggest fall to the Bursa since August 2013.
Singapore's Business Times here reported all the foreign inflow into the stock market for 2018 outflowed within days after the general election.
Prior to the election, foreign analysts forecasted BN to win and were generally supportive of the macroeconomic policies of former Prime Minister, Dato Mohd Najib Tun Abdul Razak.
The BN loss was not taken well by foreign investors who views the unconventional policies by the new government not to their liking and would be disruptive to the Malaysian economy.
Words coming out from the new government leaders does not indicate any intention to win back their confidence.
Saturday, May 12, 2018
Tun Dr Mahathir was repeatedly defeated by Dato Najib in few battles but he did not give up and took his fight to new boundaries.
The consummate politician and dictator won another political war. Admittedly, we lost.
Though still believe it was a justified decision to leave him and stayed to defend the institution of UMNO and government, it is better to refrain from doing a post mortem.
There is a long list of concerns that came out from election result. The concerns are political, legal, economic and national in nature, but it will have to hold first.
Tuesday, May 08, 2018
Lim Sian See's FB posted a message that incapculate the gist of this general election.
A UK based news portal column by Sholto Brnes expanded LSS's message further.
The writer described the poll as more of twist and turn more than a Shakespearean play to topple the government than any substantive policy differences.
The column by The National below:
Monday, May 07, 2018
We received a WA of a pdf statement of former Chief Justice, Tun Abdul Hamid Mohamad.
Quite familiar with his writing. The language seemed to be him. More so, the sender is a credible political analyst. It is considered to have come from reliable source.
Written in Malay, the former CJ is cynical in the manner Tun Dr Mahathir ran his campaign and his campaign message and his campaign.
If it was yours truly, some would brush it off as one sided, pro-Najib leaning, and makan dedak.
However, this is coming from one of the two Federal Court judges that favoured the release of Anwar Ibrahim for his first sodomy charge in a judicial review.
Saturday, May 05, 2018
One could only expect Namewee to be critical of government. The interesting part of this video is he is also did a satirical whack of Tun Dr Mahathir.
Equal opportunity critic? He he he ...
Friday, May 04, 2018
If that was the only response from Tun Daim Zainuddin to video revelation of Tan Sri Tajuddin Ramli being forced to but MAS at the pricey RM8 per share thus, require a buyback option at RM8 per share, it is meek one.
It only tells of a person meeting his Prime Minister to contribute his views, perhaps attempt to establish ties which is in-sync with government policy, and perhaps none of the above but mere friendly courtesy call.
For Daim to response to Dato Abdul Kadir Jasin, it does not add credibility. Kadir seriously compromised on his journalism integrity with his outright lies, spin and manipulative writings to be part of Tun Dr Mahathir's yet another overthrow the country's leadership.
Nevertheless, such possibility could not be excluded because Kadir would have tried to contact Tajuddin and Daim's son, Wira was at one time trying to get hold of someone's son-in-law.
Still, it is as meek a response by both Daim and Kadir as their silence to revelation by Anina Saabudin of money from Realmild deal going into Mahathir's personal account instead of party account. It opens the possibility that UMNO, Tajuddin and country was rampantly robbed, looted and plundered.
Daim cannot be keeping quiet and not response when he has begun his roadshow.
Wednesday, May 02, 2018
On the night of nomination, an explosive video of an anonymous person making comments on Tun Dr Mahathir viral in Langkawi.
It looks, it sounds like, and probably is former MAS Chairman and extraordinaire Malay entrepreneur, Tan Sri Tajuddin Ramli:
The above video reached our handphone from anonymous source. Strange ... we do not vote in Langkawi.
There were more videos to come the following nights.
Monday, April 30, 2018
This GE 14 is for the future of our children and subsequent generations. This is to correct for rakyat neglected for decades. It is about appreciating the sacrifices today needed to prepare and build for a greater nation.
And, not conceding to the revenge of a corrupted despot, venting misunderstood anger, and presumptions without thoughts.
Revelation after last night's late ceramahs at KRT of Taman Setia 2 and PDM of Kampung Lubuk Kawah, Mukim Naga at Jitra Kedah.
Saturday, April 28, 2018
Tun Dr Mahathir landed at the airport and claimed there was sabotage on his private jet. He said he could have arrived Friday but only arrived yesterday.
Transport Minister has instructed investigation. They should also detain the private jet.
Frankly, it is all a farce like the warning to the security folks that he will be murdered, the bankrupt Loaf is not his, Bangla immigrants voters, etc.
It is his ploy to play victim. He will resort to crying on stage as though he sincerely want to save Malaysia. Their side already viral such video.
- ▼ December (3)
- ► November (5)
- ► October (3)
- Words of Thomas Jefferson relevent for current Mal...
- Selamat Hari Raya Aidil Adha
- MUSICAL INTERLUDE: Revolution
- Surely Tun Daim ... Man Koboi for SC Chairman?
- More to the call on UMNO to distance from Najib
- Guan Eng's stolen GST accusation will fall flat on...
- No charge on 1MDB but lingerie for propaganda mach...
- Hasanah seeking CIA help, but US State Dept helpin...
- Only reason plausible, Guan Eng is anti-Chinese ra...
- Under test, Mahathir fight on corruption and Tommy...
- Malaysia risk international isolation due to Mahat...
- Is Nikkei hinting Japan's reluctance to Mahathir's...
- Spinning confidence need be sensibly done
- Dear KJ from a Gen Y
- Better not be Rais but a judge
- Handcuffed, chained for misdemeanor offense
- Low-contribution Khazanah management need revampin...
- Reality bites on the reborn
- Is Tommy capable of preparing the 1MDB, SRC and AM...
- Finally, MACC caught up with this bastard CEO!
- Zeti does not know she is being used by Mahathir
- A political analysis reminded of Amimal Farm
- Where is Malaysia's Foreign Policy heading to?
- Repeating 1988 judiciary crisis to fix Najib?
- Najib charged for sodomy to blame for markets fall...
- Don't tell me markets down due to Zionist conspira...
- Moody debunked Hari Raya wishes
- Shedding into Japanese snakeskin to deny bankruptc...
- Swings of bankruptcy to the roundabout on debt
- An academic exercise on blame
- Ghost of past crisis to restrain market
- New AG has an opinion on 1MDB before investigation...
- In 2007, Tommy said Agong can reject his appointme...
- Wherefore art thou politics in this heedless time
- Goebbels-esque RM1 trillion national debt lie
- No Nathan Rothchild could avoid a market black hol...
- Lessons to and from India
- Investors short market in reaction to foul mouth n...
- Watching events unfold
- Putting the dictator's campaign of "dendam" and ob...
- Even former CJ cynical of Mahathir's political ant...
- Namewee whack Mahathir too ..
- Daim "diam" on Tajuddin video, but doing a roadsho...
- Explosive Tajuddin Ramli video emerged
- ► 2017 (160)
- ► 2016 (184)
- ► 2015 (214)
- ► 2014 (164)
- ► 2013 (200)
- ► 2012 (202)
- ► 2011 (163)
- ► 2010 (187)
- ► 2009 (285)
- ► 2008 (343)
- ► 2007 (140)