Kelepeto-basi

All and sundry, Malaysians are getting tired of Master Hypocrite Tun Dr. Mahathir Mohamad lead Opposition pact Pakatan Harapan and their destructive negative over politicking is no longer getting traction.

Pro-Opposition portal Malaysiakini story:

Lower youth turn out at anti-kleptocracy rally bad sign for Harapan

48 commentsAlyaa Alhadjri     Published     Updated

Read more at https://www.malaysiakini.com/news/398409#hzmBsEDdsICSm6rm.99

A recent study which claimed that youth voters were politically disenchanted appeared to be reaffirmed by their conspicuous absence at Pakatan Harapan’s anti-kleptocracy rally last night.

With two hours left before the end of Pakatan Harapan’s anti-kleptocracy rally at 11PM, a t-shirt seller was already preparing to pack and leave.

“Just selling 25 t-shirts is as tough as pulling a cow!” grumbled the man who first introduced himself as ‘Ali Baba’.

“My name is Lee. (I’m a) Baba Melaka, muka macam Melayu (my face is like a Malay),” he quipped when met by Malaysiakini.

From the few rally t-shirts that he sold in four hours, Lee noted how all his customers were middle-aged or older.

“I only sold L size, XL size…orang perutbuncit (for pot-bellied people). Where are the young people?” he asked.

image: https://i.malaysiakini.com/1168/d60251638a08a5235993f5e1e4c3a4c4.jpeg

 

This same question was asked by other observers of the “Sayang Malaysia, Hapuskan Kleptokrasi” (Love Malaysia, Eliminate Kleptocracy) rally at Padang Timur, Petaling Jaya.

An older crowd had dominated the rally, which Malaysiakini estimated to be over 8,000 strong at its peak.

The notable absence of young blood at the rally has raised more pressing concerns on whether they would support a growing call to abstain from voting in the upcoming 14th general elections.

Analyst Wong Chin Huat said this was something that Harapan should be worried about.

“Voters are fatigued because they don’t feel ownership in the future.

“Fatigue is good for BN but bad for Pakatan Harapan,” Wong told Malaysiakini.

“BN tries to convince young voters that all politicians are the same, just mudslinging, ‘so why should you be bothered to vote?’,” he claimed, adding that Harapan should take steps to prove BN wrong.

Wong said Harapan should work to engage voters as partners to rebuild the nation, rather than merely rallying them as soldiers to reclaim the nation.

Among others, he said Harapan’s election manifesto should not contain a long list of vague promises, but rather be presented as a roadmap or plan of action for its first 100 days, first 12 months, 24 months and so on.

image: https://i.malaysiakini.com/1168/9f30b8e1e9490474c7d344f60f61eea7.jpeg

 

It is such a roadmap of policies that the youth want to hear according to student activist Asheeq Ali Sethi Alivi, and not recycled issues surrounding the 1MDB scandal and Prime Minister Najib Abdul Razak.

“Yesterday in the crowd, people were more excited and they applauded when (Penang chief minister) Lim Guan Eng mentioned about repealing the GST, and when (former premier Dr) Mahathir (Mohamad) talked about increasing job opportunities and scholarships.

“These are the issues that resonate more with Malaysians, not how much does Najib have in his account,” he said.

He stressed that it is a fact which must be accepted by the federal opposition pact.

image: https://i.malaysiakini.com/1168/24f8464db7c306e9ba193261c9862be8.jpeg

 

The UKM law student, who was among organiser’s of last year’s Tangkap Malaysian Official 1 rally in Kuala Lumpur, also noted that the carnival-like atmosphere yesterday had turned away a segment of “disappointed” youths.

“Bersih 4 was much more impactful because it was confrontational. But after Bersih 4, all rallies became just like a celebration with songs and speeches.

“It’s no longer a (protest) rally and this is also one of the reason,” he said.

Concurring with Asheeq, human rights group Suaram activist Amir Abdul Hadi said a growing number of youths now no longer views the opposition as being a worthy alternative to BN.

“The opposition is now part of mainstream politics, with two state-governments. They no longer offer a counter-culture.

“It used to be different when they are smaller and oppressed. The fighting spirit is different,” said Amir (right, in photo) who added that he was also initially in two minds about attending the rally.

image: https://i.malaysiakini.com/1168/a6843742d63a844327b9ddd8caecab73.jpeg

 

For the youths who did attend the rally, Amir noted that they were part of a newer group of supporters and largely mobilised by Bersatu’s Youth Wing, Armada.

However. he was optimistic that the turnout figure at a rally or ceramah session, would not be an accurate representation of voting trends among youths.

‘Youths losing faith’ 

On the other hand, PSM Youth chief Khalid Ismath claimed that both Harapan and BN should be worried of losing youths support in GE14.

“Youths are beginning to see that there is not much difference between governments led by Harapan or BN.

“In Selangor itself there are so many issues,” said Khalid who cited, among others, the latest case of housing demolitions in Subang which saw Selangor Menteri Besar Azmin Ali trading barbs with Urban Wellbeing, Housing and Local Government Minister Noh Omar.

Khalid also claimed that youths who are politically aware would never acknowledge Harapan chairperson Dr Mahathir Mohamad as the leader of the “anti-kleptocracy” movement, due to alleged transgressions during his 22-years reign as prime minister.

image: https://i.malaysiakini.com/1168/eb396cc8e00c9a0977e76d31bf914b99.jpeg

 

Similarly, Federal Territories Umno Youth chief Razlan Rafii said that youths will not be fooled by Harapan leaders who are allegedly only out to gain power, at all costs.

As such, Razlan told Malaysiakini he believes that the lower turnout would, in turn, translate into a higher number of youths support towards BN.

In the weeks leading up to the rally, Harapan had set an initial target of 100,000 participants, before later revising it down to about 30,000.

At the end of the rally, Harapan had claimed a turnout of 25,000, while police capped the figure at around 4,000.

Read more at https://www.malaysiakini.com/news/398409#5g03JTmZfyUekGtz.99

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Over politicising ‘Kleptocracy’ left majority of Malaysians dazed being ridiculed. Opposition leaders especially Dr. Mahathir & Co. have been talking about all these ‘scandalous and contentious crimes’ committed by people at the top especially Prime Minister Dato’ Sri Mohd. Najib Tun Razak.

They go around the nation hyping up foreign reports which is actually originated by them and their agents and incessantly demonise Prime Minister Najib of being a “Criminal, committing theft, criminal breach of trust and money laundering”.

Dr Mahathir’s agents made these reports to the various law enforcement agencies all over the world and worked in cahoot with Neo Con Jewish controlled media to expand these stories.

The stories are compounded with the sinister use of “1MDB linked funds” and continuously in vain throw in as if the reports already made are being actively investigated as real crimes.

The fact is that there is no substantive evidence anywhere to make it abundantly clear that actually crimes have been committed as it have been portrayed. Most interestingly, every thing had been politically motivated instead.

A good example is the United States Department of Justice, first announced by then US Attorney General Loretta Lynch in July 2016. A repeat announcement was made exactly a year later.

However, with all of the might of United States law enforcement apparatus and clout, till present dat there have been no act to bring the ‘criminals’ to justice which reflect the nature “theft, criminal breach of trust and money laundering”.

In general, Opposition leaders are just playing politics and the average Malaysians especially the younger segment of society don’t find politics interesting at all.

On the other hand, the Government under Prime Minister Najib is effectively been seen as doing work and moving the nation forward.

The Gross National Income has grown by more than 50% since Prime Minister Najib came into office more than eight years ago. More and more trade have been fostered as Prime Minister Najib made very constructive and productive relationship with world leaders, ranging from United States, China, Saudi Arabia, United Kingdom, Germany, Japan, India.

Affordable housing is one of the top most agenda. Government delivery system has been improved.

The Federal Government also gave a lot of attention on infrastructure projects such as public transportation and the Pan Borneo Highway, to future boost the quality of life as well as catalyst for the economy.

Employment rate is high with unemployment rate is slightly over 3%. More and more opportunities have been created for youths and the younger Malaysian segments. Infact, Prime Minister Najib is encouraging for more innovative and creative economy and entrepreneurism amongst the Malaysian’s future.

NST story:

 

(Update) Entrepreneurship is the way to go – PM

Prime Minister Datuk Seri Najib Razak speaks during the Bicara Santai Malam Gala Varsity Entrepreneurship Skills and Talents (VEST) 2017 at Universiti Kebangsaan Malaysia in Bangi. Pic by MOHAMAD SHAHRIL BADRI SAALI.

KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak wants university students to delve into the possibilities of entrepreneurial endeavours instead of becoming reliant on the government to provide job opportunities.

Najib said the field of entrepreneurship which particularly involves e-commerce sector is among the country’s sources of wealth, and called on youths to challenge themselves by jumping into the business foray.

“I want a shift in our mentality. I do not want for us to think that, upon graduation, we can only work for the government,” Najib said during a question and answer session at the Varsity Entrepreneurship Skills And Talents (VEST) competition finale last night

He said the entrepreneurship offers vast opportunities in creating a better life and future.

“We must challenge ourselves to think of the possibilities offered in the field of entrepreneurship, which can guarantee us a meaningful future.

“Students should look for opportunities to be the one who does the hiring, rather than is hired for a basic salary. They should not be waiting to be hired, and instead, explore the possibilities to be their own boss.”

Najib said the contemporary idea of entrepreneurship is relevant for the younger generation who need not conform to a rigid structure whether in life or work.

“There is no fixed structure in their lives. I remember visiting my child at Georgetown University, and I was surprised that there were no books in sight in the hostel room.

“But my child told me not to worry because even though there were no books in sight it didn’t mean that they weren’t studying. The university students were all wired and they do their revision online.”

Najib then advised parents to continue to support their children as “facilitators in their lives”.

When asked, Najib it was important to him keep a healthy balance between his work as the prime minister and at home.

“We need to find a way to find balance in everything that we do. Be it work, leisure and religion, that is important if we want to succeed. We must also keep learning and widen our knowledge because only with that we are able to be on par with our counterparts.

“We must be competent, and not be caught off-guard when faced by problems or our counterparts. Otherwise, we would be left behind.”

Najib later witnessed the prize presentation award to Vest participants.

The finale was held at Universiti Kebangsaan Malaysia (UKM) saw three winners from Universiti Teknologi Petronas (first prize), University Pertanian Malaysia (second prize) and UKM (third place).

Each winner was awarded RM25,000, RM15,000 and RM10,000 cash respectively.

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The rationalisation subsidy saw the public started paying for market driven price for petrol and diesel, which have seen been stabilised. The savings provided more targeted subsistence for the category 40 percentile lowest (B40).

In general, majority of Malaysians are more taken in by the goodies brought forth and how the nation has transformed and their quality of life alleviated versus non productive politics.

Certainly, ‘Kleptocracy’ is a factor far too detached for majority of them to decide for their future amidst the Opposition leaders themselves are plagued being the real Kleptocrats themselves.

Penang Chief Minister Lim Guan Eng now facing trial for corrupt practices and persons closely linked to Sabah Opposition Leader Shafie Apdal are under active MACC scrutiny

Dr Mahathir’s obsession of ousting Prime Minister Najib resulted him living in vacuum when he convenient discount the perception of many older Malaysians about him, his cronyism and dictatorial practices and how his family are super wealthy.

It is pathetic to see the Statesman being reduced into a hypocrite and resorted to gutter politics, as less and less Malaysians especially the younger ones are willing to listen to his Klepeto-basi stories.

 

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Published in: on October 15, 2017 at 23:59  Comments (2)  

Kelepeto-crashing

Pakatan Harapan Dinosaur Duo Tun Dr Mahathir Mohamad-Lim Kit Siang’s Anti-Kleptocracy rally in Petaling Jaya today saw their lies no longer have traction.

At the height of the usual Opposition rally which is nighttime, the attendance was abundantly very poor.

Despite it is held in a Chinese majority area in the vicinity of the original DAP HQ, it estimated that the attendance was at best 4,000 tonight and 6,000 in the evening.

It is safe to assume even Opposition party members and their hard core supporters did not turn up.

In the previous Opposition backed rallies like BERSIH, majority of those who attended were either supporters of Opposition parties like PAS and the later ones were the Chinese. The Chinese gave en-bloc support to DAP since two GEs ago.

Many factors are attributable to the present poor support towards the Opposition.

One, the absence of PAS is a key factor for the low turnout of attendees amongst the Malays. During BERSIH 1-3, PAS organised bus loads of their supporters from the Malay hinterland.

It is obvious that high turnout for BERSIH 4 and 5, was about the Chinese coming out in their support of the Opposition particularly the DAP and sending a strong message to the Government.

Two, majority amongst the Chinese grassroots who had been the traditional supporters of Chinese Chauvinist DAP have since been very uncomfortable with the cosy co-operation and partnership with Dr Mahathir.

Dr Mahathir had never been shy attacking Lim Kit Siang and the Chinese Chauvinist DAP as “racists and ethnic extremists”, had demonstrated the ultimate hypocrisy by forging relationship and later work in tandem with his mortal nemesis of half a century.

The objective is toppling Prime Minister Dato’ Sri Mohd. Najib Tun Razak, now that he cannot to do it true UMNO and getting a vote of no confidence through Parliament.

He even tried to get an audience with His Majesty Seri Paduka Baginda Yang DiPertuan Agong and the bretheren of HRH Malay Rulers.

This, is amongst many other hypocrisy are irrecoverable impression despite previously they are willing to respect the stance of the two being political nemesis for the longest time.

Third, the obsessive narrative of “Kleptocracy” don’t really hit off with the majority of Malaysians. It is abundantly clear that they are no longer interested on the 1MDB issue which the Opposition particularly Dr Mahathir trying to made it contentious and scandalous.

Majority of Malaysians are not convinced that individuals at the top are ‘stealing’ from Government coffers though they do believe in various cases of corruption, especially the ones highlighted by ongoing investigations and some already facing trial.

Fourth, None of their stories or the ones that they are holding in their attempt to run down the Government particular Prime Minister Najib pertaining “The scandals and wrong doings which include theft, cheating, criminal breach of trust and money laundering about and to 1MDB” ever been substantiated.

The conveniently hold on to the two year-on-year announcement from United States Depart of Justice pertaining to 1MDB as their political capital to run down Prime Minister Najib.

The fact is that till present, no criminal charge has ever been made to anything directly pertaining to 1MDB which include its assets, deposits and/or anyone who is an 1MDB official in any court, anywhere in the world.

Even DAP MP Tony Pua suit against Prime Minister Najib failed.

The Star story:

High Court strikes out Tony Pua’s suit against Najib


KUALA LUMPUR: The High Court allowed Prime Minister Datuk Seri Najib Razak’s application to strike out DAP’s Tony Pua’s suit over alleged misconduct in relation to the 1Malaysia Development Bhd (1MDB) funds.

Judicial Commissioner Faizah Jamaludin ruled that the Prime Minister is not a public officer, and thus did not hold public office.

She also found Pua lacked locus standi (the right to bring an action) as a taxpayer does not have the direct right to property belonging to a Government-linked company in the same way a stockholder owns stocks in a company, though not its properties directly.

JC Faizah struck out the suit, as per Order 18 Rule 19 (1) of the Rules of High Court, and ordered Pua pay RM5,000 in costs each, to Najib and the Government.

Najib was represented by lawyer Tan Sri Cecil Abraham, while senior federal counsel Alice Loke acted for the Government.

Najib filed the application to strike out Pua’s suit on Feb 14, on grounds that he is not a civil servant as alleged by Pua in his statement of claim, and that the suit is also an abuse of the court process.

The government also filed an application to strike out the suit on March 2 on the grounds that Pua has no locus standi to make the claim and that the suit is frivolous, vexatious and does not disclose a reasonable cause of action.

Pua sued the government and Najib on Jan 16 claiming that the PM committed misfeasance in public office involving 1MDB funds.

 

Read more at http://www.thestar.com.my/news/nation/2017/10/13/high-court-strikes-out-tony-puas-suit-against-najib/#qW6jM3cYDOjsylL6.99

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Fifth, Opposition leaders particularly in DAP are already in hot soup facing the music of criminal practices for graft in the likes of Penang Chief Minister Lim Guan Eng and the various contentious and scandalous cases involving many DAP leaders in Penang.

The latest controversy of the failure to furnish design and various reports to Ministry of Works pertaining to the proposed tunnel and later Penang State Government intention to do a third bridge instead from Bagam Ajam to Tanjung Bunga.

It is damning when RM220 in consultancy fees have been dished out.

Sixth, Dr. Mahathir was the last to speak. He talked about combatting corruption, almost completely like he is completely independent and isolated on it.

His partner Lim Guan Eng and several of the DAP linked individuals in Penang are currently on trial or in the investigations for various corruption cases.

In Selangor, there are stream of stories surfacing about the corruption practices of MB Dato’ Seri Azmin Mohamed Ali.

It ranges from short changing settlers, payment to default contractors pertaining hostel facilities for UNISEL students to the latest rumour about collection of rental from PPRT dwellers that went missing.

Currently in Sabah, MACC is holding a massive investigations about the corruption of Ministry of Rural and Territory Development (KKLW) to the amount of RM1.5 billion skimmed off when his Pakatan Harapan Sabah ally Dato’ Seri Shafie Apdal was the Minister.

Seventh, Dr Mahathir’s hypocrisy also include about “Direct negotiations for contracts and projects”. These are practiced widely during his tenure as the Fourth Prime Minister and many of his cronies which is believed also included business where his children have interests benefitted from such scheme.

The Malaysian public are very aware of these ‘open secrets’. Cronyism was actually the theme when then UMNO Deputy President Anwar Ibrahim decided to mount a challenge against him in 1997.

When Anwar was sacked on 2 September 1998 as the Deputy Prime Minister and Minister of Finance, he went to town the sacking was about “Dr. Mahathir protecting his cronyism and being dictatorial”.

Eighth point is about that it is obvious that when investigations against Azmin and Shafie are completed and they are charged for corruption, particularly involving funds for the facilities which meant to uplift the poor and rural dwellers, that it is the Opposition leaders who are the Kleptocrats.

Dr. Mahathir attacked MACC for their ongoing investigations pertaining to KKLW and accused that the graft busting agency is a political tool instead of deploring the act which tantamount to ‘Kleptocracy’.

Ninth, it is the Opposition leaders who are in power who are abusing and using their power to enrich themselves and cronies from projects which are meant for the poor, is the act of ‘Kleptocracy’.

Lim Guan Eng already standing in criminal court for it. Persons linked to Shafie Apdal are already being detained under remand order for the investigations. Rumour has it, soon Azmin Ali would also has to face investigations.

Tenth. Dr. Mahathir is manifesting absolute  hypocrisy for attacking all these criminal charges and investigations by the Attorney General and MACC as being political tool for the Government but in his summation, promise to combat graft if Pakatan Harapan comes to power.

The rakyat did once opted for them to be tested with power and not only no progress, the Opposition when in power are far worse against the stories that they demonise what BN Government had been doing all these years,

Soon the rakyat would begin to see this light and Dr. Mahathir and his Motley Crew are about hypocrisy with negative and destructive politics. Then, it would be Kelepeto-crashing upon the real liars and pubic enemies.

*Updated midnight

 

 

Published in: on October 14, 2017 at 22:00  Comments (1)  

Mukhriz’s Musical Chair

PPBM Deputy President Dato’ Seri Mukhriz Mahathir woke up to reality that he no longer enjoy the support and stardom which include the Alumni lead when he received no nomination for the upcoming AGM where there is a Central Committee election.

When nomination closed at 500pm, Alumni of Maktab Rendah Sains MARA students (ANSARA) Secretary General Ahmad Bazlan Che Kassim announced that Mukhriz as the incumbent President reviewed no nomination.

Out of 22 different MRSM Alumni chapters which formed ANSARA, nominations for the President post where only made for ANSARA Deputy President Harun Aminurashid Malek, who is Kuantan chapter and Dato’ Kamarul Redzuan, who is Kota Bahru chapter

Several ANSARA chapters who were said to be “Mukhriz friendly” also did not nominate him.

It was said that Mukhriz is no longer interested to defend his seat, because of “Overstaying his welcome”.

Then again, the writing is on the wall. February last year he resigned as MB Kedah when he lost the majority support of BN ADUNs of Kedah State Assembly and UMNO Kedah leaders.

He was then summarily sacked from UMNO.

Mukhriz who joined a dissent party which is now part of Opposition pact Pakatan Harapan, is Parti Pribumi Bersatu Malaysia Deputy President. He is also Vice Chairman of Pakatan Harapan.

In ANSARA AGM September last year, he was suggested to “Take a leave if absence until an AGM where there is election for Central Committee” but Mukhriz rejected the proposition.

The Star story:

Mukhriz’s helming of alumni body questioned


PETALING JAYA: Datuk Seri Mukhriz Mahathir has come under pressure to “take leave” as president of Ansara, an NGO he has headed for more than 22 years.

The call for Mukhriz to step aside came from one of his former ardent supporters, Zakhir Mohamed, who is better known by his blogging nom de plume “Bigdog”.

Ansara is the association of former Maktab Rendah Sains MARA (MRSM) students and is reputed to be the biggest alumni body in Malaysia, given that thousands of Malay students have passed through the 47 MRSM colleges.

Zakhir made the call during Ansara’s annual general meeting on Sunday at a hotel in Kuala Lumpur.

The former Kedah mentri besar is now with Parti Pribumi Bersatu Malaysia which has joined forces with the Opposition.

Zakhir, who spoke towards the end of the AGM, made a veiled critique of Mukhriz’s opening speech which asked Ansara to be the agent of change and to uphold integrity.

He said that Mukhriz was putting Ansara in a difficult situation now that he is a leading Opposition figure.

“Ansara tries to be apolitical but it has been our practice to be supportive of the Government which put us here. By wearing the Opposition hat, he has compromised the interests of our association,” said Zakhir.

He claimed he had received support from alumni members for speaking up.

“I received messages saying this was the right time for a change because he is no longer with the Government and that Ansara needs someone more dynamic,” said Zakhir.

Former Ansara vice-president Datuk Sazmi Miah, who attended the same MRSM as Mukhriz in Kelantan, said it was unnecessary for Mukhriz to resign because he had never used the association to make political statements or to attack the Government.

Sazmi said attempts to push Mukhriz out were politically motivated.

However, an Ansara member and CEO of a government-linked corporation said Ansara was closely associated with the Government and that ministers often attended its programmes.

He said members were right to be concerned about the future direction of Ansara under an Opposition figure.

However, he said that any move to remove the president should be decided by the members.

Read more at http://www.thestar.com.my/news/nation/2016/09/30/mukhrizs-helming-of-alumni-body-questioned/#1ES0FvVKVD1uqELp.99

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Tun Dr. Mahathir reacted emotionally with name-calling, quite quickly after the AGM.

Now that even amongst brethren of ANSARA Mukhriz failed to be convinced his value and worthiness to continue as a leader, it is unsure how ‘the market’ will react to him as an Opposition leader.

It is very interesting since PPBM is trying to portray itself as playing the primary role in challenging and capturing UMNO seats in the upcoming 14GE.

UMNO is the party with the most seats in Dewan Rakyat, which is 87 out of 132 BN seats. PPBM enjoys only a single seat.

So far, there has been rebellion within PPBM in the likes of founding member Kamarul Ariffin, Hamidah Osman and Ainina Saaduddin. They claimed of “Nepotism, favouritism and undemocratic practices” within the party.

ANSARA Secretary General Bazlan is also the solicitor representing Ainina and PPBM Chairman Tun Dr. Mahathir Mohamad in various cases pertaining to politics and the challenge against Prime Minister Najib.

Mukhriz senior aide as MB Kedah Ahmad Faisal Azumu is PPBM Chairman for Perak.

It is interesting to carefully watch Mukhriz’s ability to progress, considering he did not get far with UMNO. For the record, he lost the bid for UMNO Youth Chief in 2009 and Vie President in 2013.

Now that the ANSARA dominion has spoken, there is lesser seats left as the music draws nearer to come to an end.

Published in: on October 13, 2017 at 23:59  Leave a Comment  

Flotilla of Fake

Parti Pribumi Bersatu Malaysia Youth (ARMADA) Chief Syed Saddiq Abul Rahman has trapped himself into the drama on top of another drama, to manifest the truth that his party struggle is about a very big lie.

The Mole story:

Pribumi Bersatu Youth chief admits to miscommunication

YM_20171004_SYED_SADDIQ__01
Zaidi Azmi
Written by Zaidi Azmi

PETALING JAYA – October 10, 2017: Pribumi Bersatu Youth chief Syed Saddiq Syed Abdul Rahman has admitted that his feud with several former prominent party members was due to miscommunication.

At a meeting with a former ally who he had accused of being offered bribe to ditch the party, Syed Saddiq remarked that the problem was then aggravated by some instigators within the party.

Syed Saddiq, on October 4, claimed that former party vice-president Datuk Hamidah Osman, founding member Kamarul Zaman Habibur Rahman and member Hamizura Osman were offered RM5 million to leave the party.

This allegation came to be months after the trio had dumped the party, a decision which they blamed on frequent backbiting.

Although Syed Saddiq did not accuse them of accepting the bribes, his passionate demeanour during the revelation had many convinced that this indeed was the cause, so much so that it even compelled Hamidah and Kamarul Zaman to lodge police reports against Syed Saddiq.

At the meeting today, Syed Saddiq reiterated that he and his family had received a similar offer but he only knew about the offer to the others from a party member.

He however refused to disclose the identity of his informer and how the latter knew about the RM5 million offer.

“I cannot comment further on this because it involves a pertinent police investigation regarding an attempt to blackmail me and my family,” said Syed Saddiq.

Hamizura had, after the meeting with Syed Saddiq, told the press that she was glad he had decided to attend it and that she hoped her clarification would solve their feud.

“Syed Saddiq had never tried to verify such a rumour with us but that is all in the past. I have already explained to him that we were not blackmailed.

“I know that he had already apologised to us but I wanted him to know that the way he did it was not convincing,” said Hamizura.

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Syed Saddiq tried to back paddle in his pathetic attempt to recover the disdain Part Bunga and blame it on “Miscommunication”.

All along Syed Saddiq played the role of the attack dog on the various egg-in-the-face circumstances for the party, which was incepted for the personal agenda of Pakatan Harapan Chairman Tun Dr. Mahathir Mohamad.

This is not with standing the all the dramas, to divert the shortcomings, failures and lies within Dr. Mahathir’s party soiled with nepotism, favouritism and hypocrisy.

Published in: on October 10, 2017 at 22:00  Leave a Comment  

Klepetocracy

The hypocrisy of Pakatan Harapan Chiarman Tun Dr. Mahathir Mohamad is glaringly abundant when he is completely silent on the RM305 million consultancy for the bogus Penang channel project.

The Star story:

Works Ministry yet to receive Penang tunnel reports after 18 month

 

  • Monday, 9 Oct 2017

PETALING JAYA: The Works Ministry says it has yet to receive “a single page” of the tunnel reports promised by the Penang state government 18 months ago.

Works Minister Datuk Seri Fadillah Yusof (pic) said that Penang Chief Minister Lim Guan Eng had written to him in April last year asking for the “tunnel to be changed to a bridge”.

“I told him that our ministry cannot approve (this) based on a two-page letter and had asked them to send me their feasibility and detailed design studies of the three roads and tunnel that cost them RM305mil in consultancy fees alone,” Fadillah said in a statement Monday.

He added that his ministry was “very eager and curious” to see the reports which had cost the Penang government RM305mil.

“However, he (Lim) did not send anything to me,” said Fadillah.

“He then gave the excuse that the studies were 83% completed, promised that it would be completed by the end of last year, and would send it to us once done.

“That did not happen,” he said.

When asked again about the delay in March this year, Fadillah said that Lim said that the reports were only 87% completed and promised they would be sent in six months.

“Again, the deadline has passed and as of today, we have yet to receive a single page of these reports,” said Fadillah.

“I find the delay very unusual as the project was awarded in April 2013,” he said.

Fadillah said construction has not yet started as the RM305mil reports were not ready.

He also said that if projects under his ministry had experienced similar delays, it would come under heavy criticism by the Opposition.

Read more at http://www.thestar.com.my/news/nation/2017/10/09/works-ministry-yet-to-receive-penang-tunnel-reports-after-18-months/#kFWez7TGTU5b28dR.99

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The Malay Mail Online story:

Monday October 9, 2017
06:29 PM GMT+8

ICYMI

image: http://www.themalaymailonline.com/uploads/articles/2017/2017-06/fadillah_yusof_bernama_120617_01.jpg

Fadillah said he found the delay 'very unusual' given that the contract was awarded in April 2013 and that no progress has since taken place after the Penang government paid almost RM220 million for it. — Bernama picFadillah said he found the delay ‘very unusual’ given that the contract was awarded in April 2013 and that no progress has since taken place after the Penang government paid almost RM220 million for it. — Bernama picKUALA LUMPUR, Oct 9 — The Works Ministry said today it has yet to receive feasibility reports on the Penang tunnel project.Its minister, Datuk Seri Fadillah Yusof, said Penang Chief Minister Lim Guan Eng first promised to deliver the report in April last year, but had not done so yet.

“At that time, we were very eager and curious to see what reports that cost RM305 million looks like as based on our ministry’s experience, it seems vastly overpriced,” Fadillah said in a statement issued today.

The feasibility report, Fadillah said, was requested after Lim wanted to change the tunnel to a bridge.

“However, he (Lim) did not send anything to me,” he added.

Fadillah claimed Lim had then promised that the report would be submitted by the end of last year, but had not done so.

“In March this year, the Penang CM said it was still only 87 per cent completed and promised that they will send it six months later,” he said, adding the deadline has since passed.

Fadillah said he found the delay “very unusual” given that the contract was awarded in April 2013 and that no progress has since taken place after the Penang government paid almost RM220 million for it.

“If a project by our ministry experiences delay or have areas of concern like their project, we would have been under intense criticism by the Opposition with many allegations of corruption or cronyism,” he said.

Previously, Barisan Nasional Strategic Communications deputy director Datuk Eric See-To claimed that the Penang state government had overpaid the consulting fees for the three paired roads component of the undersea tunnel project.

Read more at http://www.themalaymailonline.com/malaysia/article/putrajaya-says-have-yet-to-receive-feasibility-reports-on-penang-tunnel#I0O5QZpv8742a6Jd.99

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The failure to produce the said reports despite RM220 million already being paid should be seen as an act tantamount to fraud.

The Board of Engineers already opined the consultancy fees are 400% above practice.

It is highly unusual for design and feasibility study jobs awarded more than 54 months ago is yet to be completed, having to consider than RM220 million already paid.

Considering Penang State Government under Chief Minister Lim Guan Eng condoned to this act to fraud, the DAP led Government should be  be spoken in the tone as a ‘Kleptocracy Government’.

At the moment, Chief Minister Lim has also been charged for graft and awaiting trial.

Dr Mahathir should make his stand on the matter because this is real public interest and the delay tactics is an apparent manifestation for the DAP leaders unable to answer for the real ‘Klepetocracy’.

 

Published in: on October 9, 2017 at 23:59  Leave a Comment  

Barua, Bohong dan Betrayal

Perdana Menteri Malaysia IV Tun Dr. Mahathir Mohamad membuktikan ketamakan mengutamakan agenda peribadi membatasi kepentingan segalanya termasuk menggadai kuasa politik bangsa sendiri apabila mencemarkan perjuangan dan pertentangan agenda Cina Cauvinis Cina DAP.

Laporan Utusan Malaysia:

Dr. Mahathir akhirnya tewas kepada DAP

Dr. MAHATHIR MOHAMAD berkunjung ke Ibu pejabat DAP, Kuala Lumpur
DR. MAHATHIR MOHAMAD berkunjung ke Ibu pejabat DAP, Kuala Lumpur buat pertama kali dalam sejarah untuk menghadiri mesyuarat Majlis Presiden Pakatan Harapan, kelmarin.

KUALA LUMPUR 4 Okt. – Tindak-tanduk terbaharu Tun Dr. Mahat­hir Mohamad yang sanggup menjejakkan kaki buat kali pertama ke Ibu pejabat DAP disifatkan sebagai simbol ‘kekalahannya’ kepada parti itu.

Pandangan itu disuarakan oleh Presiden Majlis Bekas Wakil Rakyat Malaysia (Mubarak), Tan Sri Abdul Aziz Rahman yang ma­sih lagi terkejut dengan tindakan bekas Perdana Menteri itu.

Beliau juga percaya ramai orang Melayu ‘menangis’ melihat peristiwa tersebut kerana tidak menyangka suatu hari, bekas pe­mimpin dikenali dunia tunduk serta akur menjejakkan kaki ke ibu pejabat sebuah parti yang se­panjang 22 tahun pentadbirannya merupakan musuh sejati.

“Dulu beliau dikenali di selu­ruh dunia, nama beliau amat gah.­ Kini, beliau tinggalkan perjuangan bangsa dan menggugat kedudukan negara.

“Perjuangan orang Melayu telah digoncang dengan kemunculan Dr. Mahathir di Ibu pejabat DAP. Beliau sudah ‘menyerah kalah’ kepada DAP, ini tindakan terdesak yang boleh menggadai masa depan bangsa serta negara,” katanya ketika dihubungi di sini hari ini.

Beliau mengulas tindakan Dr. Mahathir yang buat pertama kali dalam sejarah politik beliau menjejakkan kaki ke Ibu pejabat DAP di sini malam semalam.

Kehadiran Dr. Mahathir ke ba­ngunan tersebut adalah untuk me­nghadiri mesyuarat Majlis Presiden Pakatan Harapan.

Menerusi gambar dimuat naik di laman Facebook DAP, Dr. Mahathir dilihat duduk berlatar­belakangkan logo parti itu dan bersebelahan dengan Setiausaha Agung DAP yang belum disahkan jawatan, Lim Guan Eng.

Setiausaha Veteran UMNO Malaysia, Datuk Mustapha Yaakub pula berpendapat, Dr. Mahathir hari ini adalah individu berbeza ketika beliau mengetuai pentadbiran negara dan juga UMNO suatu ketika dulu.

Beliau menjelaskan, Pengerusi Pakatan Harapan itu pada hari ini telah tewas dan tersungkur di dada DAP semata-mata kerana rasa dendam terhadap kepe­mimpinan sedia ada.

Artikel Penuh: http://www.utusan.com.my/berita/politik/dr-mahathir-akhirnya-tewas-kepada-dap-1.534148#ixzz4udYjVbNN
© Utusan Melayu (M) Bhd

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Kerjasama Dr. Mahathir dengan DAP ialah umpama master-slave, dimana DAP memperalatkan sepenuhnya dan eksploiit habis-habisan aura dan kedududkan pemimpin Melayu terutama, selama lebin 40 tahun (5 tahun sebagai Timbalan Perdana Menteri, 22 tahun sebagai Perdana Menteri dan lebin 13 tahun sebagau Negarawan).

Pertama isu kerjasama dengan DAP bagi ‘Deklarasi Rakyat’ yang dilancarkan pada 8 Mac 2016.

his Majesty the King wouldn’t accommodate Tun Dr. Mahathir at arms with the Opposition, particularly his nemesis for 49 years Lim Kit Siang and DAP

Setelah gagal teruk menjatuhkan Perdana Menteri Dato’ Sri Mohd. Najib Tun Razak memnggunakan pegawai-pegawai tertinggi Kerajaan yang Dr. Mahathir anggap masih ‘setia’ kepada beliau dan akan mnggunakan kes skandal kommersil 1MDB yang tidak cukup substantif itu untuk menekan Perdana Meneteri Najib berundur 30 bulan lampau, dicubanya melalui sistem mesyuarat AGM tahunan Bahagian UMNO.

Apabila itu gagal, Dr. Mahathir cuba menyuntik idea bahawa berlaku skandal 1MDB dan akan menjejaskan UMNO dan Kerajaan melalui Perwakilan Perhimpunan Agung UMNO 2015 pula. Itu juga kecundang.

Dr. Mahathir dalam masa yang sama, cuba menggunakan Parlimen untuk membawa usul ‘Undi Tidak Percaya’ kupada Perdana Menteri Najib. Itu juga gagal.

Sebagai reaksi, beliau berdrama meninggalkan UMNO sekali lagi. Ianya tidak menimbulkan apa-apa mesan malay ahli UMNO melayan tindaka itu umpama ‘seorang kanak-kanak manja yang gagal kemahuannnya dilayan’.

Kemudian, segala ‘U-Turn’ berkenaan segala deklarasi, label dan asas pertentangan parti Cuavinis Cina DAP selama setengah abad ini bahawa ianya “Rasis”, “Ekstremis” dan “Pelampau Perkauman”.

Dr Mahathir kunun-kunun cuba bermain ‘Wayang Kulit’ dan percubaan memaparkan bahawa sebenarnya DAP bukanlah sebuah parti Chauvinis Cina tetapi parti majmuk Malaysia sebenar.

Kerjasama terawal Dr. Mahathir bersama Emperorissimo Chauvinis Cina Lim Kit Siang dan Lim Guan Eng jalan apabila melancarkan ‘Deklarasi Rakyat’ pada 8 Mac 2016, dengan missi mengutip 1.4 juta tandatangan kepada petisyen.

Semasa kempen jelajah satu Malaysia mengutip tandatangan, Dr. Mahathir membayangkan bahawa petisyen ini akan dipersembahkan kepada DYMM Raja Raja Melayu sebagai usage untuk menjatuhkan Perdana Menteri Najib.

Walaupun, itu adalah pembohongan dan hakikatnya itu tidak akan berlaku sama sekali.

Dr. Mahathir dalam keghairahan menjatuhkan Perdana Menteri Najib, agen-agen beliau telah bertebaran meerata dunia sebagai “warga Malaysia yang amat perihatin” pergi membuat laporan kepada agensi penguasa dan perundangan dibeberapa negara antarabangsa.

Laporan yang dikemukakan merupakan salinan dan/atau bahan yang dipaparkan dipelbagai media antarabangsa untuk memberikan gambaran berlaku skandal kewangan antarabangsa di 1MDB dan ianya melibatkan pemimpin negara.

Kekecatan nyata laporan dan paparan tersebut jalan bulto yang substantif dan kredibel untuk membawa penyiasatan yang boleh sampai ke proses pendakwaan, terutama dari narratif yang dibuat iaitu “Kecurian”, “Penipuan”, “Pecah Amanah” dan “Penggubahan Wang Haram”.

Apa yang terhasil sepanjang hamper dua tahun ini ialah media antarabangsa, berkerjasama dengan beberapa agensi penguat kuasa mengggunakan narratif amat berkuasa seperti ‘Kerajaan Kleptokrasi” dan ianya diulang-ulang sebagai propaganda bagi memburukkan kepimpinan Perdana Menteri Najib.

Namun hakikatnya, tiada bukti kukuh yang pernah dikemukakan mana-mana pihak temasuk DoJ Amerika Syarikat yang membuat pengumuman yang sama pada dua Juli berbeza.

Perkara yang paling penting dan menarik galah sehingga setakat ini, tiada tindakan undang-undang berasaskan akta kesalahan, hasil dalam negeri maupun penggubahan wang haram dan apa-apa berkaitan kegiatan jenayah terancang pernah dikemukakan berkenaan 1MDB.

Apabila Pakatan Harapan direpackej semula, tangan halimunan DAP tidak kelihatan walaupun Dr. Mahathir dan pemimpin-pemimpin Melayu lain seperti Tan Sri Muhyiddin Mohd. Yassin, Dr. Wan Azizah Wan Ismail, Mat Sabu dan sebagainya tidak jujur dalam keadaan sebenar Pembangkang didalangi DAP.

Hakikatnya, DAP menyumbang kupada 50% kerusi Pakatan Harapan hari ini di Parlimen menunjukkan kuasa strategik dan operational parti Chauvinis Cina tersebut.

Kini, Dr. Mahathir tertibat pula secara langsung dalam sebagahagian dari drama-tari kegiatan membina dana politik parti ‘Anti Melayu’ ini.

Laporan Malaysian Insight:

Dr Mahathir helps former nemesis DAP raise RM250,000


Looi Sue-Chern

Dr Mahathir helps former nemesis DAP raise RM250,000
Pakatan Harapan chairman Dr Mahathir Mohamad shakes hands with DAP secretary-general Lim Guan Eng at the DAP fundraising dinner at Spice Arena in Bayan Baru, Penang, yesterday night. – The Malaysian Insight pic by Seth Akmal, September 24, 2017.
IN his time, Dr Mahathir Mohamad had these politicians detained without trial.But last night, he was in Penang to help these very people raise close to RM250,000.The former prime minister, who is now chairman of the opposition coalition Pakatan Harapan, was the main speaker at the DAP fundraising dinner at SPICE Arena in Bayan Baru, which was attended by more than 3,000 people.His portrait, and those of DAP secretary-general Lim Guan Eng, DAP parliamentary leader Lim Kit Siang, PKR de factor leader Anwar Ibrahim and Amanah president Mohamad Sabu were auctioned off at a starting bid of RM20,000 to raise funds for the party.

Dr Mahathir and DAP both have come a long way since his days as the prime minister. It was under his administration that both Guan Eng and his father Kit Siang were detained under the Internal Security Act during the Op Lalang crackdown.

Now, as PH chairman, Dr Mahathir heads the opposition’s offensive against the Barisan Nasional coalition and former protege Prime Minister Najib Razak.

Pakatan Harapan chairman Dr Mahathir Mohamad is the main speaker at the DAP fundraising dinner at Spice Arena in Bayan Baru, Penang, yesterday night. – The Malaysian Insight pic by Seth Akmal, September 24, 2017.
Pakatan Harapan chairman Dr Mahathir Mohamad is the main speaker at the DAP fundraising dinner at Spice Arena in Bayan Baru, Penang, yesterday night. – The Malaysian Insight pic by Seth Akmal, September 24, 2017.

True to form, much of his 40-minute speech was dedicated to Najib, whom he blamed for giving Malaysia the kleptocracy label through the 1Malaysia Development Bhd scandal.

Dr Mahathir pointed out that Najib was not as confident as before, and was even afraid.

“I am glad to say that up until now, PH has been seeing Malaysians of different races, communities and tribes who have shown us great support.

“In the past, Najib believed that he had Sabah and Sarawak as fixed deposits. Now he is not so confident. He’s afraid.

“This man, he always smiles. But behind that smile, his heart is beating very, very fast.

“That is why he has no courage to call for the general election. PH is ready to beat BN,” he said to the cheering crowd.

 

Dr Mahathir suggested that Najib would wait until next year to call for the polls, but added Najib may not even hold the polls, something that could be could easily accomplished by the prime minister who had the power to have emergency declared.

“It is very easy. All he has to do is to ask Ali Tinju (army veteran and Malay NGO leader Mohd Ali Baharom), or some other ‘pengganas’ (terrorist) to throw some chairs.

“When chairs are tossed around, Najib can declare an emergency because there is a riot. So no election. If he loses (the election), he can also declare an emergency to prevent the change of government,” he said.

Dr Mahathir was making a reference to the fracas that disrupted the Nothing to Hide 2.0 forum in Shah Alam last month when he spoke about the 1MDB scandal. He was taking questions from the floor when shoes and chairs were thrown in his direction while two flares were also lit.

“But if Najib suffers a disastrous loss, he cannot do anything.

“So I am appealing to all of you. If you love this country, want to see it developed peacefully, have a good life, then give PH the biggest majority.

“We are not asking you to go to war or join demonstrations. Just put a cross for PH,” he told the crowd.

The crowd laughed and cheered as Dr Mahathir continued to poke fun at Najib and his “most expensive photo-op” with US President Donald Trump during his recent visit to the White House to “strengthen the US economy”.

Other PH leaders who spoke at the dinner were DAP vice-president and Ipoh Barat MP M. Kulasegaran, Penang DAP chairman Chow Kon Yeow, PKR secretary-general Saifuddin Nasution Ismail, and Mohamad. – September 24, 2017.

More than 3,000 people attend the DAP fundraising dinner at Spice Arena in Bayan Baru, Penang, yesterday night. – The Malaysian Insight pic by Seth Akmal, September 24, 2017.
More than 3,000 people attend the DAP fundraising dinner at Spice Arena in Bayan Baru, Penang, yesterday night. – The Malaysian Insight pic by Seth Akmal, September 24, 2017.

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Setakat tiga puluh bulan ini, Dr. Mahathir kecundangan denna segala helah dan muslihat untuk menjatuhkan Perdana Menteri Najib. Ianya gagal kerana bukti yang Dr. Mahathir cuba paparkan itu adalah tidak substantif dan lebih kepada baur politik berbanding dengan kesalahan sebenar, termasuk diukur dari kedudukan moral.

Maka Dr. Mahathir akan terus dengan agenda kesumat peirbadi menjatuhkan Perdana Menteri Najib denna apacara sekali pun, termasuk menafikan kedudukan dan prinsip yang beliau pernah ambil.

Mengoptimumkan modal kedudukan sebagai pemimpim tertinggi orang Melayu dan Negarawan selama lebih empat dekad sebagai tawaran utama untuk menaut undi orang Melayu dan menyerahkan buta-buta kepada Cina Cauvinis DAP merupakan pengkhianat kepada Bangsa Melayu yang paling buruk.

Hakikatnya, Dr. Mahathir tergamak menjadi kuda tunggangan dan ‘Trojan Horse’ parti Chauvinis Cina DAP untuk menembusi dan melemahkan segala pertahanan kota-kuasa politik orang Melayu yang menjadi tunggak survival orang Melayu semenjak 1946, demi agenda peribadi menjatuhkan Perdana Menteri Najib.

 

 

 

Published in: on October 5, 2017 at 20:00  Comments (4)  

In descend proposal

Federal Government is unclear on Maju Holding’s proposal to take over PLUS highway system

The Mole story based on Bernama report:

Govt concerned over Maju Holdings’ bid for PLUS

by Syndicated News

Second Finance Minister Datuk Seri Johari Abdul Ghani

Second Finance Minister Datuk Seri Johari Abdul Ghani

Syndicated News

Written by Syndicated News

PUTRAJAYA — Sept 28, 2017: The government is concerned over Maju Holdings’ proposal to buy PLUS because it doesn’t want the nation’s strategic assets to eventually fall into foreign hands if they were sold.

When commenting on this today, Second Finance Minister Datuk Seri Johari Abdul Ghani spoke of similar proposals that were rejected.

“We do not know the source of the fund. If it is an offshore borrowing we are worried that national assets would fall into foreign hands if a loan could not be paid,” he said on the sidelines of Fiesta Labur PNB 2017 here.

Maju Holdings recently disclosed that it had made a bid of more than RM36 billion to take over PLUS Malaysia Berhad. PLUS is controlled by the UEM Group and the Employees’ Provident Fund.

The Khazanah Nasional-owned UEM has a 51 per cent stake of the highway concessionaire while EPF owns the rest.

Bernama recently reported that if EPF were to sell its stake, some 14.5 million contributors may lose out on a steady stream of dividend.

However, they could heave a sigh of relief as EPF Chief Executive Officer Datuk Shahril Ridza Ridzuan had assured them that EPF did not intend to sell its stake.

At the event, Johari said Bank Negara´s findings on the low financial literacy among Malaysians was a cause for concern for the government.

This is because lack of financial understanding and management knowledge can bring about some disadvantages, including uncontrollable debt burden commitment and living beyond one’s means.

“Through Fiesta Labur, the government hopes Malaysians will be more sensitive to good financial planning and management practices,” said Johari.

Held for the second time, the PNB´s three-day Fiesta Labur offers financial planning services for free, as well as financial activities.

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Also in NST story:

Government asks Maju Holdings to disclose source of financing for RM36 billion offer to buy Plus Malaysia

Second Finance Minister Datuk Seri Johari Abdul Ghani said if the fund was sourced from overseas, the government must be informed on the type of financial model to prevent the national asset from falling into foreign entities. (Pic by MOHAMAD SHAHRIL BADRI SAALI)

PUTRAJAYA: The government has asked Maju Holdings Sdn Bhd to disclose its source and mode of financing for its RM36 billion offer to buy Plus Malaysia Bhd, the country’s largest highway concessionaire.

Second Finance Minister Datuk Seri Johari Abdul Ghani said if the fund was sourced from overseas, the government must be informed on the type of financial model. This is to prevent the national asset from falling into foreign entities.

“We want to know the source of funding… whether it is based on loan or not,” Johari told reporters after launching Fiesta Labur PNB 2017 here yesterday.

“If there is any proposal – first things first, we want to know where the funding comes from. If the fund is loan based and they are unable to repay, it would affect the country’s assets, which could potentially fall into foreign investors,” he added.

Johari stressed that the government had refinanced the Plus highway development cost via the Employees Provident Fund (EPF) and UEM Group Bhd.

UEM, which is fully-owned by Khazanah Nasional Bhd, owns a 51 per cent Plus stake, while the remaining 49 per cent belongs to the EPF.

“We want to understand the financial model of the proposal. For example, where they get the money from? And how they can assure that the money can be paid back,” Johari reiterated.

He clarified that he had yet to receive the proposal from Maju Holdings.

He added that there was a few proposals to take over Plus by numerous parties previously.

In March 2014, Tan Sri Halim Saad had put in an unsolicited bid to take over Plus, through his private investment vehicle Idaman Saga Sdn Bhd, but the offer was rejected by the government.

A Maju Holdings spokesman recently confirmed that it had submitted a formal bid to UEM and the EPF to buy 100 per cent of Plus and its subsidiaries.

The company was said to have sent a letter of intent and roped in independent investment banking advisory firm Evercore Group LLC to help with the acquisition.

Plus has five concessions including Projek Lebuhraya Utara-Selatan Bhd which has under its umbrella the North-South Expressway, New Klang Valley Expressway, Federal Highway Route 2 and Seremban-Port Dickson Highway.

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In a story by The Mole a week ago, Maju Holdings Executive Chairman Tan Sri Abu Sahid Mohamed said they have made a proposal via New York based investment bank Evercore to Khazanah National Bhd. for the Plus highway system take over.

However Khazanah did not respond.

Maju Holdings boss perplexed PLUS takeover proposal rebuffed

by Zaidi Azmi

perwaja 05

Zaidi Azmi

Written by Zaidi Azmi

KUALA LUMPUR – September 21, 2017: The boss of Maju Holdings, Tan Sri Abu Sahid Mohamed, is perplexed that his company’s proposal to take over  PLUS Expressway Berhad, which manages some of the country’s major highways, has been rebuffed.

This also leaves the company’s group executive chairman to describe Khazanah Nasional and the Employees’ Provident Fund, both major shareholders of PLUS, as being very evasive.

But based on what happened a few years ago, Abu Sahid should have no compelling reason to be shocked and in disbelief.

In 2014, a bid by a group linked to former Renong Berhad executive chairman Tan Sri Halim Saad, the architect behind the building of the North-South Highway and the man who also oversaw PLUS for several year, was also rejected apparently for giving incorrect information.

The bid also guaranteed no increase in toll rates plus a reduction in the then rates.

A person familiar with banking and finance and whose former company provided consultancy services on mergers and acquisitions who read the bid but wished to remain anonymous described it as brilliant and one that should be supported, not rejected.

News of Maju Holding’s proposal to acquire PLUS and its subsidiaries by way of purchasing all shares from the main shareholders was first reported two months ago.

PLUS chairman Tan Sri Mohd. Sheriff Kassim confirmed that he had received a copy of Abu Sahid’s offer on September 11, with EPF making clear it had no intention of selling its shares.

“We haven’t discussed anything and they’re already saying no. Why are they so reluctant to meet me?” asked Abu Sahid when met by The Mole yesterday evening.

Insisting that his proposal was credible, Abu Sahid said it was drafted by renown international boutique investment bank, Evercore Partners.

He is also baffled by negative public feedback over the proposal, despite him guaranteeing a 20-year-long no toll hike for all highways under PLUS.

“Malaysians cry foul whenever toll rates are increased but when I told them I can guarantee a static toll rate for 20 years some also protest.

“It can be done. Evercore had done the maths and they told me that it is still profitable to operate the highways even if I do not raise the rates for 20 years,” stated Abu Sahid.

One concern echoed by the detractors is that it would deprive the 14.5 million EPF contributors a steady stream of dividend income.

Concurring that the contention may be valid, Abu Sahid however argued that the amount of annual dividend that EPF contributors has been getting from its RM400 million earnings from PLUS is only RM28 per contributor.

Abu Sahid said the proposal offers EPF and Khazanah a RM2 billion payment in cash each and that the amount paid to EPF will enable its contributors to enjoy a one-off RM142 dividend.

Maju Holding currently operates the Maju Expressway and is in the midst of constructing the Lebuhraya Putrajaya – Kuala Lumpur International Airport extension project.

PLUS has five concessionaires:

1. Projek Lebuhraya Utara-Selatan Sdn. Bhd. which operates the North-South Highway, New Klang Valley Expressway, Federal Highway Route 2 and Seremban-Port Dickson Highway.

2. Expressway Lingkaran Tengah Sdn. Bhd. which operates the North-South Highway Central Lin).

3. Linkedua (M) Berhad which operates the Malaysia-Singapore Second Link.

4. Konsortium Lebuhraya Butterworth-Kulim Sdn. Bhd., which operates the Butterworth-Kulim Expressway.

5.  Projek Lebuhraya Usahasama Berhad which operates the Penang Bridge.

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In the proposal, it was believed that Maju Holdings offered RM2 billion cash to UEM Bhd, and EPF each and takeover the RM30billion plus borrowings.

However, it was not disclosed how the borrowings would be taken over.

It is unsure whether Maju Holdings could finance the RM30 billion plus borrowings taken over from UEM and EPF.

It is assumed that the Maju Holdings would raised from the debt market. If it is so, then it is most likely that the PLUS highway System assets would be pledged as the collateral for the financing scheme.

Currently, UEM and EPF is financing the entire borrowings from local banks and debt market.

Considering major banks such as Maybank is controlled by PNB, CIMB is under Khazanah and RHB is under EPF, there is a lot of comfort provided in event of default on UEM part to meet its financial obligations.

What is interesting that Abu said Maju Holdings is able to offer highway users no increase in toll rates for twenty years,

PLUS has not raised the highway toll rates since 2005, despite the PLUS highway system has been upgraded since which include additional lanes and bigger and better rest and recreation facilities.

There have been the arguments that despite the agreement to review toll rates every three years, PLUS had maintained the same rates since the last twelve years is translated through the concession being fulfilled by Federal Government grant.

On the same note, UEM have provided more than RM1 billion in profits year-on-year to the shareholders, mainly Khazanah and EPF.

Probably if Maju Holdings could package a better proposal in eyes of the public, backed by convincing remarks by local investment banks repressing the local debt and capital market, the Federal Government might be attracted sit down address the proposal accordingly.

 

 

 

Published in: on September 28, 2017 at 22:00  Comments (1)  

Emancipation

There is a landmark progress on the attitude towards Saudi women as the Rulers of the Al-Saud Kingdom of the Arabian sub-continent would be lifting the ban to allow the other half of Saudis to drive.

The Independent story:

Saudi Arabia to allow women to drive

Women in Saudi Arabia were only allowed to vote in 2015; now they are allowed to drive

Women in Saudi Arabia will be allowed to drive, the government announced on Tuesday – ending their reign as the only nation in the world where women were forbidden from getting behind the wheel of a car.

The news was announced on state television and in a simultaneous media event in Washington, highlighting the damage that the policy has done to the kingdom’s international reputation and its hopes for a public relations benefit from the reform.

While there is no formal law banning women from driving, the government refuses to issue them permits. That will now change under the royal decree, which ordered the formation of a ministerial body to give advice within 30 days and then implement the order by June 2018.

The milestone was greeted with jubilation on social media, with the hashtag “Saudi women can drive” being used in a flood of tweets.

Amena Bakr, a Saudi energy analyst, said it was a “massive victory for women in the kingdom.”

“Really about time,” she added.

In Washington, the state department celebrated the news, describing it as “a great step in the right direction”.

Campaigners have for many years argued that women should be allowed to drive, saying that it makes virtual prisoners out of women who do not have a male family member or chauffeur to drive them around.

In June 2011, about 40 women got behind the wheel and drove in several cities in a protest sparked when Manal Sharif, one of the founders of the movement, was arrested and detained for 24 hours after posting a video of herself driving.

Another was arrested and sentenced to 10 lashes – a sentence later overturned by the king – and the rest were told to sign statements guaranteeing they would not drive again.

In October 2013, shortly after a prominent cleric claimed that medical studies showed driving damaged a woman’s ovaries, 60 women took part in a protest, driving in spite of warnings from the authorities.

In response, 150 clerics staged a demonstration outside the royal palace. The ministry warned against marches or gatherings under the pretext of the driving campaign. It said those “disturbing public peace” will be dealt with firmly.

Last year Human Rights Watch produced a report highlighting the range of restrictions that Saudi women face.

Adult women must obtain permission from a male guardian to travel, marry, or exit prison.  They may be required to provide guardian consent in order to work or access healthcare.  Women regularly face difficulty conducting a range of transactions without a male relative, from renting an apartment to filing legal claims.

“We all have to live in the borders of the boxes our dads or husbands draw for us,” said Zahra, a 25-year-old Saudi woman.

Progress has, however, been made. 

In 2013, then-King Abdullah appointed 30 women to the Shura Council, his highest advisory body, and two years later women were allowed to both vote in and run for office in municipal council elections, for the first time in the country’s history.

In May his successor, King Salman, ordered that government agencies publish lists of services that women can access, without a male guardian present, and ordered that employers provide women with transport.

And according to the Saudi Ministry of Education, women in Saudi Arabia attend college at higher rates than men.

Yet it is still difficult for women to succeed, in part because of barriers placed by the Saudi system – something Tuesday’s ruling hopes to address.

The movement for women to drive has gained prominence with the rise in power of Crown Prince Mohammed bin Salman, a 32-year-old son of the king. who has laid out a far-reaching plan to reform the kingdom’s economy and society.

Furthermore, Saudi Arabia, hit by the fall of oil prices, is aware of the economic contribution that women could make.

Ensaf Haidar, wife of Saudi dissident Raif Badawi, tweeted a victory sign in response to the announcement.

Loujain Hathloul, a Saudi women’s rights activist who has been at forefront of movement, and spent 73 days in detention for driving in 2014, simply responded: “Praise God”

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It is most likely that the rules to obtain the permit to drive between sexes would be different but this is definitely a progress in a kingdom known to prohibit women based on strict and very conservative interpretation of the Arab customs and tradition.

Previously, women have been allowed to obtain flying license.

The Arab News story:

SAUDI ARABIA

Female Saudi pilot flies high

A Saudi woman has become the first licensed female pilot in the Kingdom.



Thirty-five-year-old Hanadi Al-Hindi, who had battled kidney problems, acquired licensing from the Jeddah-based General Authority of Civil Aviation (GACA) to fly planes in Saudi Arabia.



Al-Hindi, who wears a headscarf, has begun flying small and wide-bodied luxury planes belonging to a fleet from the Kingdom Holding Company (KHC).



Khaled Al-Khaibary, a GACA spokesman, neither confirmed nor denied awarding the license to Al-Hindi, saying he would verify the information on Monday.



Al-Hindi, however, confirmed receipt of the license via telephone from the United States.


 “Saudi women are capable of taking on any job previously held exclusively by men in Saudi Arabia,” she said.

Al-Hindi refused to divulge anymore information owing to contractual obligations and sensitivity surrounding the topic.

“I have, however, taken on a private initiative to counsel Saudi students in the US who are willing to pursue a career in aviation,” said Al-Hindi, who acquired a “Commercial Pilot’s License” (CPL) and an “Instrument Rating” (IR) from the Amman-based Mideast Aviation Academy in 2002. “Exciting opportunities await candidates in this field.”

Al-Hindi became the Kingdom’s first woman pilot after being hired by Kingdom Holding Company Chairman Prince Alwaleed bin Talal. She became something of a celebrity after gaining her commercial pilot’s license way back in 2006.

Al-Hindi said that she was proud of herself and her family for supporting her in choosing this career.

Born and raised in Makkah, Al-Hindi faced opposition from her relatives after she decided to become a pilot.

Al-Hindi described her first solo flight in 2004 as the beginning of her dream career. “Two days after my solo flight, I discovered that my name was being mentioned all over the world and that I had become a celebrity,” she said in an earlier interview with Arab News.




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Emirates Women story about the progress of more lateral towards Saudi women:

Women’s Rights Are Changing In Saudi

In Saudi Arabia women aren’t allowed to drive a car (clerics claim it “undermines social values”); interact with men; try clothes while shopping or compete freely in sports, however this could all change in the near future.

As part of Saudi Arabia’s Vision 2030 – the kingdom’s post-oil economy plans – the country, and its monarchy are said to be changing restrictions on social policies.

Some of the changes have already come into affect, last December  Saudi women were given the right to vote, and in April this year the strict religious police (the mutaween) – formally known as the Committee For The Promotion Of Virtue And The Prevention Of Vice – were stripped of their power to stop, question, pursue or arrest people.

Saudi's Deputy Crown Prince Mohammed bin Salman

Saudi’s Deputy Crown Prince Mohammed bin Salman – the third in line to the throne – has also hinted that the government may also be lifting the women’s driving ban, granting ladies permission to take charge behind the wheel.

Read: Saudi Prince Champions Women’s Rights

Read: Celebrity Shams Bandar Renounces Her Saudi Nationality

Read: Saudi Victoria’s Secret Model Talks Feminism

The hope is to make the region a more modern, tourist-friendly destination beyond oil dependance; with an aim is to attract 1.5 million tourists by 2020, and to boost the kingdom’s hospitality industry by more than half.

According to the Arabian Gulf States Institute in Washington, the Vision 2030 plan includes: “privatisation of a portion of the Saudi national oil company Aramco; the expansion of the resources and role of the Saudi Public Investment Fund; and the development of the country’s ports, cultural resources, and tourist sites to take advantage of its strategic position at the centre of the Arab and Islamic world.”

YOU’LL LIKE THIS:

The move comes after the country posted a US$98billion budget deficit last year – it is also expected to post a deficit of 14 per cent of gross domestic product this year, according to the IMF.

If the ‘vision’, and the change in the monarchy’s reform, allows women to have equal rights then we are certainly interested to hear more…

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It is very refreshing to watch the slow liberalisation of social policies.

Published in: on September 27, 2017 at 03:00  Leave a Comment  

Connecting the Disconnected

 

The Ministry of Youth and Sports, Barisan Nasional and UMNO Youth should multiply their efforts in connecting the youths with the full picture and get them onboard on the transformation programs that already been rolled out since 2010.

The Mole carried the story about the recent Merdeka Centre survey of 604 respondents amongst youths how disconnected they are.

Youths dissatisfied with government, distrust opposition

ibrahim-youth-1
Zaidi Azmi
Written by Zaidi Azmi

KUALA LUMPUR – September 20, 2017: A recent survey by the Merdeka Centre concluded that although a majority of Malaysian youths were highly dissatisfied with the government, they were also sceptical of the opposition’s ability to present a viable alternative.

According to the survey, 53 per cent of 604 respondents said they were too busy to register as voters, despite believing that the country was heading in the wrong direction.

It also pointed out that despite being the largest voting bloc, over 2.5 million of youths have yet to register as voters.

“If this apathy among youth voters continues, it is highly likely that turnout for the next general elections will be lower than the last one, which was 85 per cent,” said Merdeka Centre programme director Ibrahim Suffian at a forum last night.

Ibrahim added that the repercussions of having a low voter turnout among youths was that they may not regard the elected government as their representative.

On why youths were sceptical of the opposition, panellist and lawyer-cum-activist Syahredzan Johan said it was due to opposition leaders’ alleged penchant for talking politics non-stop.

“They should talk about other things as well. As the study suggests, the youths’ disappointment with the government does not translate into a vote for the opposition,” reminded Syahredzan.

He pointed out that the opposition’s silence over the recent ban imposed on online video game bazaar Steam by the Malaysian Communication and Multimedia Commission showed how disconnected they are with youths.

“They should have used the issue to tell the gamers how politics actually played a part in the ban of Steam. But they didn’t,” said Syahredzan.

The study also discovered that political issues such as the 1Malaysia Development Berhad controversy and the implementation of hudud were the least of the youths’ concern.

Instead, the majority — Malays (77 per cent), Chinese (71 per cent) and Indians (68 per cent) — said they were constantly worried with their personal finances.

The survey was conducted in 165 constituencies in 12 states in the peninsula from August 3 to 8.

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The Opposition is evidently not serving the aspiration of the youths.

A month ago, at a Malaysian student summit organised by Malaysian students studying abroad on their annual summer holiday, it is abundantly clear the Opposition Youth leadership is disconnected with the students who were willing to hear them out.

Along with the progress that have been achieved the past eight years like increase of 50% of gross national income and the rise of disposable income amongst the youth and young Malaysians, BN Youth should have a lot to tell.

There are aplenty of success stories that would be compounded on the ‘Feel Good’ factor amongst the younger Malaysian populous, like more opportunities to have access to affordable homes particularly to the middle income group and growing urban dwellers.

This is on top of how Malaysians came together for the sound triumphant calls of the recently concluded XXIX Kuala Lumpur Sea Games and 60th Merdeka celebrations.

However, tone of he Minister in-charge has been seen as not quite positively compelling.

It is quit alarming if he is feeling down and subliminally sending the vibes instead of rising above the dark clouds at his corner and quickly drum up the charge.

There are a lot of opportunites to be capitalised on the persons currently in the zone of ‘disconnected service’.

Published in: on September 20, 2017 at 23:59  Leave a Comment  

Value Proposition

The comprehensive working relationship  co-operation between Malaysia and United States reached a record level in the inaugural official visit of Prime Minister Dato’ Srì Mohd. Najib Tun Razak to the White House.

JOINT STATEMENT FOR ENHANCING THE COMPREHENSIVE PARTNERSHIP BETWEEN THE UNITED STATES OF AMERICA AND MALAYSIA

 

13th September 2017

 

The President of the United States of America, Donald J. Trump, hosted the Prime Minister of Malaysia, Najib Razak, at the White House to strengthen the Comprehensive Partnership between the two countries as they mark the 60th anniversary of bilateral relations.

 

The United States and Malaysia share a long history of close cooperation built on economic ties and mutual security interests. The two leaders pledged to continue building upon that relationship through enhanced diplomatic, economic, security, and people-to-people ties.

 

President Trump and Prime Minister Najib recognized the grave threat posed by North Korea to security and stability across the Asia-Pacific region. The two leaders expressed their concern over North Korea’s nuclear and ballistic missile tests, which are a flagrant violation of the multiple United Nations Security Council (UNSC) resolutions and will only further escalate tensions in the region.

Both sides reaffirmed their support for the denuclearization of the Korean Peninsula and the need for the international community to strictly implement UNSC resolutions. President Trump welcomed Prime Minister Najib’s commitment to go beyond the UNSC resolutions, including through a review ofits diplomatic relations and business links with North Korea.

 

The two leaders pledged to nurture the economic ties between the United States and Malaysia to create jobs and opportunities for people in both countries, reflecting a longstanding and substantial trade relationship. The two countries recognized the importance of regular discussions under the Trade and Investment Framework Agreement to strengthen the trade relationship by removing barriers in key sectors. Both sides announced their intent to pursue trade and investment opportunities in the transportation and energy sectors and to address the bilateral trade imbalance.

The two leaders welcomed the signing of a Memorandum of Understanding (MOU) between Malaysia Airlines Berhad and The Boeing Company for eight new Boeing 787-9 Dreamliners, purchase rights for eight additional 737 MAX airplanes, and maintenance for the national carrier’s fleet, with a potential total value of $4 billion (USD). President Trump welcomed the probability of additional purchases of Boeing aircraft in the future. Both leaders welcomed the involvement of the United States private sector in the development of the Kuala Lumpur-Singapore high-speed rail project. The two countries also committed to review regulatory frameworks with the aim of facilitating investment in their respective economies.

 

Prime Minister Najib and President Trump discussed matters relating to the South China Sea and emphasized the importance of ensuring, maintaining, and safeguarding peace and stability, maritime security, freedom of navigation and over-flight, and other lawful uses of the seas. The two leaders underscored the importance of upholding and adhering to the rules-based maritime order.

They called upon all disputing parties to implement their international legal obligations in good faith, and to avoid the threat or use of force, intimidation, or coercion. They further called on all disputing parties to exercise self-restraint in the conduct of activities and refrain from action that erodes trust and confidence, and escalates tension, including the militarization of outposts. The two leaders reaffirmed that all maritime claims must be based on and resolved in accordance with international law as reflected in the 1982 United Nations Convention on the Law of the Sea.

 

The two sides reaffirmed their commitment to the principles of the strategic partnership between the United States and the Association of Southeast Asian States (ASEAN) and to the continued implementation of the principles decided upon by the leaders of the United States and ASEAN in the 2016 Sunnylands Declaration. They affirmed their support for common efforts to develop a rules-based ASEAN Community, and to maintaining ASEAN centrality in the evolving regional architecture. The two leaders noted the 50th anniversary of ASEAN’s founding and the 40th anniversary of relations between the United States and ASEAN and welcomed commemorative activities.

 

The two leaders pledged to strengthen cooperation to counter the growing threat of the Islamic State of Iraq and Syria (ISIS) in Southeast Asia. Both leaders re-affirmed the importance of promoting community resilience and mutual respect across religious and ethnic boundaries. As a partner in the fight against ISIS and a member of the Global Coalition led by the United States, the two leaders noted Malaysia’s pledge of $1 million (USD) for humanitarian assistance in areas liberated from ISIS. The United States recognized Malaysia’s continued progress toward meeting program requirements for the U.S. Visa Waiver Program, including obligations under the Homeland Security Presidential Directive 6 (HSPD-6) and Preventing and Combatting Serious Crime (PCSC) information sharing arrangements.

 

Prime Minister Najib announced Malaysia’s commitment to implement its data sharing agreements with the United States and to phased enhancements of passenger screening at all points of entry, and the United States committed to actively work with Malaysia towards this end. The United States and Malaysia acknowledged that cyber and other crimes often help finance terrorist networks. The countries committed to utilize available multilateral instruments, including the Budapest Convention in order to strengthen domestic legislation and foster international cooperation in combating cybercrime.

 

The United States and Malaysia pledged to strengthen bilateral defense ties. The two leaders underscored the importance of expanding cooperation in priority areas, including maritime security, counterterrorism, and information sharing between our defense and security forces. They committed to pursue additional opportunities for joint exercises and training.

 

The leaders also underscored the importance of enhancing maritime domain awareness through the development of maritime capabilities such as surveillance, communications, and information-sharing, and expressed their intent to continue discussions on funding of assets through the most effective mechanisms for developing these capabilities in order to advance regional security. President Trump welcomed Malaysia’s intent to make an additional $60 million (USD) in defense procurements from the United States.

 

They discussed the need to end the humanitarian crisis in Myanmar. Both leaders called for an end to the violence targeting civilian populations, and discussed the need for a strong international community response for the hundreds of thousands of individuals who have been victimized and displaced by violence, including those who have arrived in Bangladesh. Both sides urged the Myanmar government to end the violence against innocents and ensure that humanitarian relief reaches victims immediately.

 

President Trump and Prime Minister Najib held a constructive discussion about the importance of good governance and the free flow of information to prosperity and a positive business environment. They also discussed the importance of protecting human rights, including freedom of expression and freedom of religion. The United States welcomed Malaysia’s commitment to increase prosecutions of human traffickers, as well as expedited assessment with the aim of increasing substantially the number of trafficking victims granted freedom of movement.

 

The two leaders welcomed continued strong people-to-people ties, especially Fulbright academic exchanges. They recognized the growing number of Malaysian undergraduate and graduate students studying in the United States, now numbering nearly eight thousand. They expressed anticipation for the signing of the Memorandum of Understanding sustaining the Fulbright English Teaching Assistant program, one of the largest in the world, through 2020.

 

The two leaders discussed their commitment to further strengthening the Comprehensive Partnership to promote peace, stability, prosperity, and international consensus in the Asia-Pacific region and around the world.

 

PRIME MINISTER’S OFFICE,

MALAYSIA

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It was Prime Minister Najib’s first official visit and meeting with an American President in the Oval Office and the meeting, attended also by Malaysian Foreign Minister Dato’ Sri Anifah Aman and United States Secretary of State Rex Tillerson lasted over an hour.

Prime Minister Dato’ Sri Mohd. Najib Tun Razak in the traditional pose of leaders calling on United States President in the Oval Office of the White House

It is a very significant achievement for Malaysia as currently the 17th most important trading nation and aiming to be the 25th most wealthiest economy by 2025.

Of course, Malaysia’s role in regional and international geo political and diplomacy is gaining more prominence and that is in tandem of Malaysia’s open trade policies.

New Straits Times story:

United States President Donald Trump said it was “a great honour” to have Datuk Seri Najib Razak in the US and White House. (Bernama photo)

WASHINGTON DC: United States President Donald Trump said it was “a great honour” to have Datuk Seri Najib Razak in the US and White House.

In his remarks before the bilateral meeting yesterday at the White House’s Cabinet room, Trump personally told Najib that he was honoured to have the prime minister and the Malaysian delegate over in a historic meeting marking the two countries’ 60 years of bilateral ties.

“I just want to say it is an honour to have you here..It is an honour to have your delegation with us,” he said.

Trump, who again mentioned that it was “a great honour” to have Najib in the White House at the end of his remarks, thanked Malaysia for its investments in the US.

“Malaysia is a massive investor in terms of stocks and bonds and exchange…they (Malaysian investors) have to be very happy as we are hitting new highs almost on a weekly basis.

“And we are very proud of what has happened in our stock market since I became president.”

The meeting between the two leaders and delegates from both countries marked a huge milestone in bilateral ties.

Najib, who is on a three-day working visit here on Trump’s invitation, is only the second Asean leader to be personally invited by Trump to the White House.

It came as a clear recognition by the US, coming in the first year of Trump’s presidency.

Trump also praised Najib for Malaysia’s firm stance against terrorism.

“The prime minister has a major role in not allowing ISIS or Daesh as you call it and others to exist.

“He has been very very strong on terrorism in Malaysia and a great supporter on that standpoint..and that is very important to the United States.”

Trump also praised Najib’s stand on North Korea, which he said was also in tandem with the US.

“He does not do business with North Korea any longer, and we find that to be very important.”

Najib arrived at the White House here at 11.45am on Tuesday (11.45pm Malaysian time) and was greeted by Trump at the West Wing awning.

The prime minister held a four-eyed meeting at the Oval Office before the delegation meeting between the two countries.

Apart from President Trump, the US was represented by among others, Vice-President Michael Pence, Secretary of State Rex Tillerson, Defence Secretary James Mattis, National Security Advisor Lieutenant-General H.R. McMaster, National Economic Council director Gary Cohn, and US ambassador to Malaysia Kamala Lakhdhir.

Accompanying Najib at the meeting were Foreign Minister Datuk Seri Anifah Aman, International Trade and Industry Minister Datuk Seri Mustapa Mohamed, Chief Secretary to the Government Tan Sri Ali Hamsa, National Security Council Director-General Tan Sri Zulkifeli Mohd Zin, Foreign Ministry Secretary-General Datuk Seri Ramlan Ibrahim, and Malaysia’s ambassador to the US, Tan Sri Zulhasnan Rafique.

The two leaders displayed warmth as they greeted each other on arrival.

Trump broke convention when he accompanied Najib to the door when leaving the White House.

Officials said Trump, who normally saw off guests at the main floor, remarked that Najib was “a friend”.

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The personal and cordial relationship between the two leaders now have been translated into improved official comprehensive relationship between Malaysia and United States.

President Trump’s economic policies have somewhat positively contributed to Malaysian investments and funds having portions of they portfolio is various US based capital and debt markets.

Employee Provident Fund Q1 announcement:

EPF Records RM11.79 Billion Income for Q1 2017

Significant improvement from market recovery

KUALA LUMPUR, 30 May 2017: The Employees Provident Fund (EPF) today reported a quarterly investment income of RM11.79  billion for the first quarter ending 31 March 2017 (Q1 2017), a year-on-year increase of 73.9 per cent from RM6.78 billion in Q1 2016.

Commenting on EPF’s Q1 2017 Investment performance, Chief Executive Officer Datuk Shahril Ridza Ridzuan said, “Both the domestic and global markets improved significantly compared with the first quarter last year. The FBM KLCI grew by six (6) per cent, driven by the growth in the banking sector, while global indices improved by as much as 12 per cent, a striking difference from the market environment last year. The positive market condition was conducive for profit taking activities leading to higher gross investment income in Q1 2017 and also lower net impairment.”

In accordance with the Malaysian Financial Reporting Standards (MFRS 139), the EPF recorded lower net impairments from RM1.64 billion to RM775.92 million this year, a decrease of RM865.08 million, following the improvement in all major markets.

The value of EPF investment assets reached RM747.17 billion, a 2.20 per cent or RM16.06 billion increase from 31 December 2016. Out of the total investment asset, RM352.73 billion, or 47.2 per cent, were in Shariah-compliant investment while the balance were invested in non-Shariah assets.

“While we have had an encouraging first quarter, we remain cautious moving forward as recovery in commodity prices remains weak with continued currency volatility,” said Datuk Shahril.

In Q1 2017, Equities, which made up 41.76 per cent of the EPF’s total investment assets, contributed RM7.10 billion, representing 60.2 per cent of total investment income for the quarter. This was 178.6 per cent higher from the RM2.55 billion recorded in the corresponding quarter in 2016. The recovery in banking sectors contributed to about 30 per cent of the trading and dividend income for the portfolio during the quarter.

“In addition to improvement in the domestic equity market, the global market also continued to provide opportunities for the EPF to realise its gains despite volatilities arising from the elections in eurozone countries, President Trump’s healthcare bill, the US interest rate hike and negotiations surrounding Brexit. These market moving factors were alleviated by the positive economic numbers, including the revised growth forecast for major economies.”

The EPF’s overseas investment accounted for 29 per cent of its total investment asset and contributed 37 per cent to the total investment income recorded in Q1 2017.

As at March 2017, a total of 49.08 per cent of EPF’s investment assets were in fixed income instruments, which continue to provide consistent and stable income. The first quarter saw fixed income investments recorded an income of RM4.07 billion, equivalent to 34.6 per cent of the quarterly investment income.

Income from Malaysian Government Securities (MGS) & Equivalent in Q1 2017 increased 3.67 per cent, or RM68.56 million, to RM1.94 billion from RM1.87 billion in Q1 2016. Loans and Bonds, meanwhile, generated an investment income of RM2.14 billion, compared with RM1.87 billion in Q1 2016.

Investments in Money Market Instruments and Real Estates & Infrastructure each represented 5.04 per cent and 4.11 per cent of the total investment assets, and contributed investment income of RM372.79 million and RM246.27 million respectively in Q1 2017.

Following the commencement of Simpanan Shariah on 1 January 2017, a total of RM952.10 million out of the total gross investment income of RM11.79 billion was generated for Simpanan Shariah while RM10.84 billion for Simpanan Konvensional. Simpanan Shariah derives its income solely from its portion of the Shariah assets while the income for Simpanan Konvensional is generated by its share of Shariah and also non-Shariah assets.

Datuk Shahril said the performance of both Simpanan Shariah and Simpanan Konvensional would depend on market performance, thus making short-term differences between the two inevitable. In the long run, the performance of the two should be similar following similar strategies implemented for both accounts.

He added that the EPF remains focused on delivering real dividend target of at least two (2) per cent above inflation over a three-year rolling period for both Simpanan Shariah and Simpanan Konvensional.
About the Employees Provident Fund (EPF)

The Employees Provident Fund (EPF) is Malaysia’s premier retirement savings fund, providing basic financial security for retirement. The EPF is committed to preserving and growing the savings of its members in accordance with best practices in investment and corporate governance.  It will always be guided by prudence in its investment decisions.

As a customer-focused organisation, the EPF delivers efficient and reliable services for the convenience of its members and registered employers.

The EPF continues to play a catalytic role in the nation’s economic growth, consistent with its position as a leading savings institution in Malaysia.

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This is landmark visit indeed and a very apt to renew and take the friendship and bi-lateral relationship fostered sixty years ago when then Dr. Ismail Abdul Rahman represented Malaysia as the first Ambassador to the United States.

*Updated 1400hrs

Remarks by Foreign Minister Dato’ Srì Anifah Aman on the success of Prime Minister Najib’s visit and meeting with President Donald Trump:

Saudara2 sekalian,
No words can describe how proud the privileged few of us who were with YAB PM during the working visit to the President of the USA.

I accompanied him to visits with Kings, Presidents, Prime Ministers but this could be the peak.
If only rakyat Malaysia can see how he handled the visit and the quality of the exchanges that earned the respect of the US President and his delegations,make you proud as a Malaysian.

All the top 3 of the US Govt and senior Cabinet members were there. Seldom happened or none so far. President Trump was not what you read in the paper, he was truly the President of the most powerful nation and our PM has earned his respect and that of his colleagues.

The President seeked our PM’s views on the regional and international issues and at times instructed his senior cabinet members to do as what the Malaysian had done. I thanked PM for the honour and privilege to be there with him on that historical day. You can see the body language of the President Cabinet and their attentiveness that this was a meeting of substance.

Truly I can’t find enough words to describe how proud I was. And you all should too because our Prime Minister is special!

Published in: on September 14, 2017 at 03:00  Comments (1)