Tuesday, December 29, 2020

The Vibe confirmed Muhyiddin family in RM1.2 billion NIIS tender

theVibes.com confirmed the suspicion this blog had in August on the involvement by the family of Prime Minister Tan Sri Muhyiddin in the RM1.2 billion National Integrated Immigration System (NIIS) tender. [Read here and here].

As early as June 2020, Focus Malaysia here have been enquiring on who is behind S5 System, but only managed to trace to a probable proxy, Syed Muhammad Hafiz.

Hafiz is the son of former UMNO MP (now with PPBM), and younger brother to Raja Perlis, Syed Razlan Syed Putra Jamalullail. 

He is linked to an off-shore and overseas company, NSA Technology (L) Inc., which in turn is linked to an entrepreneur Johann Young. The connection to Muhyiddin is indirect and many more steps to be legally relevant.

The latest scoop by Emmanuel Samarathisa here revealed Muhyiddin's son-in-law, Datok Muhamamd Adlan Berhan as shareholder of S5. 

Sunday, December 27, 2020

Zakhir Mohamed (1967 - 2020)

Still in a state of shock. Cannot get over this morning's demise of Big Dog. To quote from Facebooker Salahudin Hisham:


When Rosli Mohd. Sah passed away, Zakhir Mohamed told me: 

"Take care of yourself. I do not wanna lose you. I need you around."

Now that he is gone only for few hours, I realised I lost two persons I need around. At 53, he should be around, not me ...😪 

May his soul be blessed. Deeds rewarded by Allah. Sins forgiven for the righteous path he held on to.

Condolence from Dato Najib Tun Abdul Razak here. Former DAP MP and first blogger of Malaysia, Jeff Ooi expressed lost of a brother here.

Wednesday, December 23, 2020

MARA Council rejected Suhaili as MARA Corp ED

Haresh Deol mentioned in the last posting, Did MARA Corp's Director Megat Shahriman leak story on CEO garden leave?, commented in his tweet about MARA Corp not responding to his earlier enquiry. They refused to answer whether Suhaili was appointed Executive Director.   

He linked to his December 3rd report here and there was a piece of information mentioning a staff of MARA, Noor Irwan Marmin is now acting CEO. It is strange to have an acting CEO when the there is still a CEO around and the enquiry has yet to commence. 

More, CEO and MARA Corp BOD member and former MP of Labuan, Dato Suhaili Abdul Rahman is going around claiming he is Executive Director. Haresh sighted a letter signed by Minister Dato Dr Latiff Ahmad appointing Suhaili as Executive Director and Chairman of Executive Committee Board (ECB) for two years. 

What the hell is an ECB? Is this a Board managed organisation or planned to be Board managed? How many layers of onion to run a MARA Corp with only 20 staff claimed improperly hired by Dato Badlisyah Gani?  

Apparently a kaki close to MARA Council claimed Suhaili's appointment was rejected. 

Wednesday, December 16, 2020

Sultan's business partner mixing in wrong company

From left: Inix's Vice Chairman, Dato Tan Choon Hwa, ex-Chairman Wan Kuok Koi,
and Executive Director, Lee Han Keat

In the midst of the endless political saga, it was quite a relief to hear the report former Inspector General of Police, Tan Sri Fuzi Harun quit his Chairmanship in public listed Inix Technologies Holdings Berhad on December 7 without much fuzz.

Lost in the Perak MB change and short hype by Tun Dr Mahathir and Tengku Razaleigh to railroad the budget, the issue was only relook for the latest development yesterday. 

Equally shocking to Fuzi's appointment is the replacement. He was replaced by a good friend and business partner to the Sultan of Selangor, Tan Sri Syed Mohd Yusof Syed Nasir. 

And, Jojo, as he is usually known, is non-chalant in promoting Inix's new venture in a glove distribution company

It was initially disturbing to hear of Fuzi replacing Inix's former Chairman, Wong Kuok Koi, who resigned on December 2nd recently. Now, Jojo jumped into the hot position.  

Monday, December 14, 2020

Did MARA Corp's Director Megat Shahriman leak story on CEO garden leave?

In last week's posting, "MARA Corp appointed a bank cheat and MOCCIS wrecker as ED?", this blog commented below:

Haresh is a sports writer, thus his report is dry and straight forward even without confirmation from the affected party. How in hell could he get a scoop on corporate and political issue? Did he got it from someone active in sports and close to MARA Corp or MARA?

Without even calling Haresh Deol, bit of googling the resume of the Board of Directors of MARA Corp and Members of MARA Council leads to a MARA Corp Board member, Datok Megat Daniff Shahriman bin Dato Zaharudin.  

Megat is in the midst of a controversy with the Malaysian Hockey Confedaration. It is a safe bet to presume the not-power-hungry sports activist may have tipped off Haresh. 

Sunday, December 13, 2020

Rivalry between Bersatu and Umno set to intensify

By Joceline Tan

IT was a picture that was worth a thousand words.

There was an awkward air surrounding the presidents of the three ruling Malay parties when they met in the Prime Minister’s office in Parliament on Wednesday (Dec 9).

There was not much conversation in the room.

Parti Pribumi Bersatu Malaysia (Bersatu) president Tan Sri Muhyiddin Yassin sat still as a painting while his Umno counterpart Datuk Seri Dr Ahmad Zahid Hamidi was not his usual chatty self.

Things were certainly not fine between them and only PAS president Datuk Seri Hadi Awang seemed relaxed and comfortable.

Thursday, December 10, 2020

Khazanah's Nation Builder choice for Silterra is only one

Khazanah's choices in the sales of Silterra: Nation Builder, Manufacturer, Stock Market flip artist and Slave Driver

Previously, Silterra sales issue had been kept within the business column. In September, this blog took interest and fired first salvo at Khazanah Nasional

Having consistently failed in any corporate recovery exercise which require operational turnaround, Silterra should be passed on to a more capable local as it is essential for the local semiconductor segment and elecronic sector.

The issue caught on in the social media and even received Dato Najib's attention in his FB. Thanks to the MP from Kuala Selangor, Dato Seri Dr Dzulkifli Ahmad, the issue received higher prominance.

Dzulkifli raised the Silterra sales issue in Parliament and received a positive response from Minister of Science, Technology and Innovation Khairy Jamaluddin. Extract from Bernama below:

On SilTerra, Khairy said the government was preparing a memorandum to make a stand on national interests before deciding on the future of the local semiconductor company.

Khazanah should take heed. Will PPBM Ministers in the PN government remain egoistic and stubborn  to continue asset sales program of PH and lack any ability to be innovative?

Monday, December 07, 2020

MARA Corp appointed a bank cheat and MOCCIS wrecker as ED?

The title still come with a question as it is only his name card that is going around, but it is yet to conform whether MARA Council or Board of Directors of MARA Corp had approved his appointment. 

The once political hot potato MARA Inc. have been closed and replaced with MARA Corp as MARA's investment and fund raising arm. It is still at the initial stage but already plunged into controversy with the appointment of a former MP of Labuan, Dato Suhaili Abdul Rahman as Group Executive Director. He has a chequered history with a legal case that became case law of financial scandal in University.

At the same time, news emerged over the weekend of recently appointed Group CEO, Dato Badlisyah Ghani being made to go on "garden leave" or suspension pending investigation. 

When it touches MARA or Sabah or political economic matters, these are areas only leads are sufficient to dig up more information and get a complete story. It won't take long. 

More so, it is a hot issue and in this morning mainstream news - Berita Harian here and Sinar Harian here. To Tan Sri Muhyiddin and Dato Dr Latiff Ahmad, eyes on MARA Corp, babe! 

Tuesday, December 01, 2020

Green Packet's Bumi deception to takeover Silterra

Ali Baba company of Ali front but Baba behind?

Prime Minister, Tan Sri Muhyiddin Yassin managed to pass through two major hurdles and his premiership seemed secured for the time being. 

Since the budget has sailed through, Board of Directors of Khazanah Nasional should be politically secured to meet and deliberate on the Silterra sales pending for approval.

Failing which, it means the political move to oust Muhyiddin is not over. Any sensitive member of the Board knows a wrong decision could terminate their corporate career. If there is any wrongdoing, they could be subjected to latter day investigation.

The budget presentation to parliament, the ensuing debate and its passing last Thrsday took up the media attention for the last two weeks as it may have placed Muhyiddin’s government in quite a predicament. 

Now that it is over, for the time being at least, it is timely to relook at the Silterra sales issue again. The talk of selling Silterra to foreigners have not been taken well by netizens. [Read portal MyKMU, blog Captain M, and TV Online.]  Dato Najib too touched on the Silterra sale in his FB. 

If netizen aggresive demand to allow for EPF withdrawal to tide rakyat's financial constraint is any indication, Khazanah may need to take heed of their concern.

My Say