Ghost of Johor's Iskandar Waterfront scam

Maybe the timing is bad, because the general election is looming and it could make Johor Barisan Nasional's campaign bad. But after election, game will be practically over.

Sorry ... in our struggle for "agama, bangsa dan tanahair (alif ba ta)", that must take priority over mere vehicle or tactical use of political parties and NGO.

What more when it is about a corrupt act that will jeopardise our sovereignity and the interest of the rakyat of Johor?

The opposition will take advantage of this revelation but Johor BN and UMNO must convince the voters that it is about individuals and not the rakyat or party or government aspiration, policy, and plan. 

Another way of looking at it is to view it positively. This will make all the parties involve realised, pressure to act, and a quick decision made from our usually cautious 11:45th hour decision-maker PM.

The plan must be aborted immediately. Investigation must be made by MACC. All the Directors and Executive/Managing Directors put to task by resigning and immediately replaced. Gani must not be MB anymore.

He must be replaced others with genuine integrity, firmness and decisiveness but not the likes of Khaled Nordin, Nurjazlan, Razali Ibrahim, and Dr Latif.

The ghost of Johor, Tan Sri Lim Kang Ho must be tarred out of Johor.

Otherwise, terbang few seats in fortress Johor and post election impact will be immediate. UMNO party election is due in June 2013.

Since our series on the "ghost of Johor" that culminated in few bloggers being called to "mengadap Tuanku Sultan Johor" and subsequently the crisis of Iskandar Investment Berhad under Khazanah's lackadaisical management, we refrained to touch on any issue involving Iskandar.

We stepped back to watch the Zaki Zahid's Johor Corporation restructuring plan and unveiling of the whole Iskandar Malaysia development, particularly the Iskandar Waterfront from the eastern to the western end of Johor Baru and include the Johor Baru central business district.

Some of us were lending hand to the MB office on media and political matter but we remain uninterested to do anything that is Gani Othman. Our attitude with our other buddies differ greatly and sometimes violently because of our mistrust of Gani.

We are not convince of the claim that he kept a tight ship and lead a simple frugal life. Neither are we convinced that Gani does not have any corporate boys. We know of a couple of Dolahs.

Lim Kang Ho

For heaven's sake, Gani used to be Anwar Ibrahim's Deputy at the Ministry of Finance and held a private pow wow on an island to push up Anwar and bring down Dr Mahathir.

He was politically nasty during the Abdullah era to block our perjuangan in Johor.

Not that we are not forgiving but once bitten forever shy.

It is impossible that so much outcry emanating from the rakyat of Johor Baru on the dominance of Kang Ho and yet Gani's office and boys can defend him to the hilt without any suspicion.

Some say Gani is conveniently pushing his finger towards Hishamuddin whenever the name of Kang Ho crops up.

Since Kang Ho is a businessman, we are not convinced of the story that Kang Ho spend RM800 million to help salvage Gani and the state of Johor from his mess in KPRJ.

Just to remind readers that we own the intellectual property on the KPRJ minus some critical elements intentionally left missing for fear of idea being hijacked. 

Since we fought against Abdullah on the scenic bridge and Iskandar Malaysia, we are not going to ever backdown. It doesn't matter if some of those that struggle together with us then had changed their view and now say it is a good idea.

Our ears are on the ground and eyes always watchful. The mole at the tip of our nose is always a reminder to trust our instinct more than any attempt to reasons.

Sometime back, BK Siddhu of The Star wrote a series of articles on Iskandar in relation to her interview with Kang Ho. In the interview, we find it suspicious that Kang Ho can be the one unveiling the whole plan of Iskandar as though he is an authority.

Our sources in Johor revealed that Kang Ho as the main taukeh, Peter Lim of Singapore, Danny and Vincent Tan, and Ngou of the Dailog Group will end up OWNING the whole of Iskandar!

Bigdog [read here] who seemed positive of Iskandar and Kang Ho wrote recently that the initial structure of Iskandar Waterfront project was below:

Then the structure was changed after some asset injections, below:

Then the outfit for the penyamun Tingkat 4, Khazanah was brought in and and everyone including the press believed the structure will eventually be as below:

It looks as though Kang Ho's Credence Resources will be taking the management lead and implement his vision but must get the consent of the Johor state and Federal Government. It is as though it is a well checked and balanced deadlock structure in which the tri-parties must agree before anything can be executed.

Macam bagus betul ...  

That is what everyone is led to believe but unfortunately everyone and including someone by an old nic of Ku Yem was hoodwinked.

There is a saying that nothing is straight about Chinese than their hair. Then again, these days some Chinese took the trouble goes to perm their hair to make it curly i.e. crooked.

Kang Ho came from Sabah and for all you know, he could be a Chinese from Sulu that has a tendency to inflitrate by migrating first, then intrude before finally invade. 

Our little bird told us that Ganen of Khazanah and Kang Ho redid the whole structure SECRETLY and everyone in Johor including all but few key Directors in the whole organisation structure will not be made aware till the last moment when it is submitted.

Nazir Razak will sambut from inside and Securities Commission will approve.

The SECRET structure will almost be like below:

Kang Ho will combine his shareholdings with that of KPRJ's shareholdings, which is Johor state's entity and Gani should know about and was involved, to be the undisputed majority shareholder and controlling party of Iskandar Waterfront Holdings

By the simple slight of hands, Kang Ho's majority will control the state's KPRJ and at the same time, Khazanah will also bow to the wishes of Kang Ho.

What does having Kang Ho control the whole organisation means?

Here it is ....

Kang Ho will control some 100,000 acres of land and more parked inside all the companies.

As it is, he is on a prowl to buy more tanah orang Melayu in the various kampong of Johor Baru. before everybody knows of his grandplan to turn Johor Baru Waterfront into Lim Kang Ho City.

Some impatient greedy idiots already sold their land worth RM100 per square at RM40 per sq square.The endless story of Melayu jual tanah pada Cina.

The value of the land above is stated at book value of about RM2 billion but when the whole deal is put together, the force sale value of the land will fetch RM6-7 billion easy!

One has yet to talk of the value after it is developed. In addition, Kang Ho will make much much more when all contracts are given to his personally owned construction, engineering, architects, building material supplies, and other companies.

Did not deliver his promise

It reminded us when Gani was about to be send back to Johor as MB. He had a balik kampong program and invited professionals into a discussion.

We were there and so was our old friend in Hong Kong days, one Dato Khamil Jamil of DRB Hicom who was then an overeager lawyer trying to get the attention of Tan Sri Syed Mokhtar.

When he became MB, all was taken care by wife Prof Datin Jamilah and his wife's Perak side of the family.     

No wonder Gani quite down on his promise to create 100 Malay entrepreneurs. He wanted to create a new Sultan of Johor.

For all likelihood, Kang Ho will be the true Sultan because the existing Sultanate will be living in his City.

Forget about the fake Sulu Sultan Jamalul Kiram II and his intention to takeover Sabah. This "Sulug" Chinaman already taken over a more valuable and most potential part of Malaysia.

"Sultan" Lim Kang Ho is already so powerful that one Government institution for a social cause are already aware of his power and kow tow to him. They did a deal in which Kang Ho makes money out of it left, right and centre.

The property to be built is sold as rakyat housing but is more expensive than an adjoining development. Someone suspect that one former Ambassador already took a cut from the overpriced deal.

There is more revelation to come.

If a former ambassador can take a cut, what make you think Gani did not have interest in Kang Ho. All these years, Gani could explode and bar any friendly Bumiputera businessman from Johor for merely seeking his help for projects.

Konon-konon bersih dan tak mahu berkroni.... but reliable sources is saying that he will retire from politics and live in Melbourne.

There is more from Gani's ego, jealousy, and ill intention towards others that culminated into KPRJ, the destroyer of Johor. Everyone only knows of Johor Corp and KFC but there are billions more.

Oh ... we forgot to explain why Ganen is involved despite Khazanah will not be benefit from the new secret structure. That is simple to answer.

When Kang Ho takes control, not only will it be Ganen but many will benefit from Kang Ho. Don't be surprise if it is Gani, Azman Mokhtar, Ganen, Zaki Zahid, Vincent Lim, Wan Firdaus, and many more Tingkat 4 boasted to be all over the place.

All these people can sense their days maybe numbered after the election.

With all these crap going on in Iskandar, Tun Musa Hitam, the sleeping chairman of Iskandar Advisory failed to realise that his hometown of Johor Baru will fall into the hands of four Chinese groups.

Another institution and development under his watch failed. What nonsense did he advised Iskandar?

Or it was merely to suppliment his kaki joli dan bergaya ways. Perhaps he realised.

That is why he said those stupid remarks.

One possibility is that Musa made those remarks because the failed politician is still having a grudge against Dr Mahathir and maybe trying to rope all losers to Dr Mahathir like Tengku Razaleight, Anwar Ibrahim, and Abdullah Badawi to take him on.

The conniving Musa will start a quarrel but he will leave others to fight. The coward politician, who left his Johor supporters stranded when he cowardly quit, will stay away and not soil his hands with political blood and wounds.

But then again, it is possible he is up to something else.

Before Tun Abdullah announced the bomb on Johor, it was Musa who ready the ground. This maybe no different.

He could be a collaborator to topple the Sultan and put a Chinese from Sabah as Sultan for a fee.