Kilang Kirim & Co.

Prime Minister Tun Dr Mahathir Mohamad made another U-Turn when he announced that the High Speed Railway (HSR) is postponed instead of cancelled.

The Star story:

HSR project postponed, not scrapped, Dr M tells Japanese media (updated)

NATION

Tuesday, 12 Jun 2018
11:23 AM MYT

image: https://www.thestar.com.my/~/media/online/2018/06/12/03/24/328476608_0-8.ashx/?w=620&h=413&crop=1&hash=F60FC1B2CBA519EF56811221C9372FDFF56CA41F

image: https://content.aimatch.com/default.gif

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Demo_Gender_Female_enr,Int_Sports,Int_Travel_Business,Int_Lifestyle,Int_Sports_Football,Int_Travel,all,Int_Parenting,Int_Property_Affluent,Int_Automotive,Int_Business_Finance,Int_Entertainment,Demo_AffluentAudience,Int_Property,Demo_Age_45to54_enr,Demo_Gender_Male_enr

PETALING JAYA: Prime Minister Tun Dr Mahathir Mohamad seemed to have walked back from an earlier decision when he told a Japanese publication that the high-speed rail project had been merely postponed, not cancelled.

Speaking to Nikkei Asian Review on the sidelines of the Future of Asia conference in Tokyo, he said Malaysia cannot afford the project at this moment but signalled that the door is still open.

“We cannot say we will never have high-speed rail (HSR) in Malaysia. What we can do is we can postpone the project because it is far too costly at this moment,” he said.

Dr Mahathir said Malaysia would need an HSR but it is something to only consider in the future.

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=Demo_Gender_Female_enr,Int_Sports_Football,Int_Property,Demo_AffluentAudience,Int_Sports,Int_Parenting,Int_Travel,Int_Lifestyle,Int_Business_Finance,Int_Travel_Business,Demo_Age_45to54_enr,Int_Entertainment,Int_Automotive,Int_Property_Affluent,all,Demo_Gender_Male_enr

After being sworn in as prime minister, he had announced on May 28 that Malaysia will be dropping the HSR project with Singapore, citing it as an “unnecessary project”.

However, in his interview with Nikkei Asian Review, Dr Mahathir commented that the Singapore HSR project is merely postponed.

“We actually postponed the implementation of that project.

“High-speed trains are most effective where the distance is very long. But where the distance is short, it doesn’t contribute much.

“So we need to rethink high-speed rail,” he said.

Dr Mahathir also suggested the possibility of building an HSR “right through the Peninsula”.

“We cannot say we will never have high-speed rail in Malaysia – there will be a need for high-speed rail in the future,” he said.

Last month, Finance Minister Lim Guan Eng also said the Government’s decision to scrap the HSR project was not only due to the high price tag of building it, but also steep cost burden to maintain the 350km link in the longer term.

This decision was also part of cost-cutting moves to slash the federal government debt of over RM1 trillion, Lim said.

He told the South China Morning Post that the new administration estimated the initial cost of the high-speed rail project was likely to be more than RM100bil.

Singapore’s Ministry of Transport said it had yet to receive an official notification that the project had been cancelled.

Read more at https://www.thestar.com.my/news/nation/2018/06/12/hsr-project-postponed-not-scrapped-dr-m-tells-japanese-media/#uH0sXUZeYRGGku7l.99

***********

Raja Petra Kamaruddin dubbed this “Cancelling the cancellation”.

It is announcements such as this would erode the market confidence, if not now affecting the perception of the global commercial and capital, financial and debt markets towards Malaysia.

Earlier, Prime Minister Dr. Mahathir announced that the national debt is RM1 Trillion which saw the trigger of a series of reaction.

Bursa Malaysia recorded foreign funds dumped RM5.8billion worth of holdings and the KLCI dipped to 1770 points.

Advertisements
Published in: on June 12, 2018 at 16:30  Comments (1)  

Ghastly skeletons in the closets and the haunting the come-back Old Man

Fourth Prime Tun Dr Mahathir Mohamad should really reflect the basic development agenda he systematically ignored even isolated many quarters of indigenous Sabah and Sarawak, all for his own political vindictive during his twenty two and a quarter years as the Prime Minister.

NST Story:

Pairin: Sabah, Sarawak progressed only after Mahathir left office

APRIL 3, 2018 @ 10:57PM

BY NST

KOTA KINABALU: Deputy Chief Minister Tan Sri Pairin Kitingan has taken umbrage with Tun Dr Mahathir Mohamad over the latter’s statement that Sabah and Sarawak could progress at a faster rate if its leaders were “less greedy”.

He said it was “extremely ironic” that Dr Mahathir should say so when the two states had lagged behind during the 22 years the former prime minister was the nation’s leader.

He said, since the 93-year-old Pakatan Harapan chairman left office, Sabah and Sarawak had progressed by leaps and bounds.

The Parti Bersatu Sabah (PBS) president also took Dr Mahathir to task for his comments about administrative issues and that if the federal and state governments were concerned, they would upgrade the infrastructure of both the states.

“Has he not heard of the Pan Borneo Highway?”

Pairin said the Sabah stretch of the highway alone would cost almost RM13 billion, covering a distance of 730km from Sindumin all the way to Tawau.

“What did Dr Mahathir give us when he was prime minister? Pittance compared to what we are getting now. He is in no position to talk about giving us better infrastructure. As prime minister of 22 years, he did not do it. He is going to start giving at 93?

“As we near the halfway mark of the 11th Malaysia Plan (11MP), nearly RM15 billion has been allocated for Sabah by the federal government, and this year alone the sum stands at RM3.87 billion,” he said.

To compare, said Pairin, under the 7MP (1996-2000) when Dr Mahathir was prime minister, RM6.93 billion was allocated, under the 8MP (RM13.2 billion), 9MP (RM17.7 billion) and 10MP (RM21.96 billion).

Understandably, these are electoral promises from Dr Mahathir, now that the 14th general election is near, but it begs the question of his sincerity as these were pledges he failed to deliver in the 22 years he served as prime minister.

“Was Mahathir ever concerned about the rural people of Sabah and Sarawak? To demonstrate the contrasting promise and actual delivery, the Rural Development Ministry was allocated with a sum of RM107.8 million under the 7MP from 1996 to 2000 and RM1.42 billion under the 8MP.

“Under the present administration led by Datuk Seri Najib Razak, RM10.2 billion was allocated between 2011 and this year under the 10th and 11th MP.”

Pairin stressed that there had also been greater empowerment to local civil servants of the two states, now that eroded rights sealed in the Malaysia Agreement 1963 were returned, something that was ignored during Mahathir’s tenure.

Najib, said Pairin, was the only leader who understood and recognised the sentiments of the people over the rights enshrined in MA63, so much so that he even agreed to the formation of the National Steering Committee meeting on the Devolution of Powers to Sabah and Sarawak that is co-chaired by Datuk Seri Anifah Aman and Datuk Seri Nancy Shukri.

The prime minister had even openly declared and assured any rights that were either deliberately or inadvertently taken from Sabah and Sarawak will be duly restored and returned, said Pairin.

“(One of Najib’s) first deeds when he took over as prime minister in 2009 was to declare Malaysia Day a national public holiday, giving due recognition to the formation of Malaysia on Sept 16 in 1963. It also gave the people of Sabah and Sarawak a stronger sense of belonging to the nation.

“It was also Najib who was bold enough to call for a Royal Commission of Inquiry on Immigrants in Sabah which resulted in a damning report about Project IC and the many other alleged misdeeds of the past administration under Dr Mahathir.

“Dr Mahathir had also played the musical chair-like Chief Minister’s Rotation System to suit his fancy and tune when he was the prime minister. Is that the trait of a leader who is concerned about the people of Sabah and the desire for more progress?

****************

Pakatan Harapan Chairman Dr Mahathir is pretending to be naive at this point of time, to show how the interests of the Sabahans and Sarawakians are centred in his mind.

It would be the greatest, (in Dr Mahathir’s own words, “Sandiwara”).

Federal Government, both under Tun Abdullah Badawi and Prime Minister Dato’ Srì Mohd. Najib Tun Razak, contributed and achieved so much more in half the time of Dr Mahathir’s administration.

Published in: on April 4, 2018 at 11:08  Leave a Comment  

The quest for a thousand chartered accountants

Permodalan Nasional Bhd’s (PNB) effort to produce 1,000 Chartered Accountants amongst the Malays is right on course in the strategy of talent building for the high income economy. More over when their sponsored students are achieving world class position.

The Star story:

Wan Nur Mafudah, No 1 world prize winner in ACCA financial reporting


  • NATION
  • Sunday, 18 Feb 2018


  • BESUT: Although advised to forgo her lifelong interest in accountancy, 21-year-old Wan Nur Mafudah Wan Yusof (pic) persevered and proved her mettle.

    Recently, Wan Mafudah, a graduate of the Intec Education College, Kuala Lumpur, enjoyed the fruits of her labour when she was announced as the world prize winner for the Association of Chartered Certified Accountants (ACCA) Financial Reporting paper.

    The success is a historical achievement for the native of Kampung Tok Raja, Jertih, as she is the first Malay to attain number one world-ranking with her score of 95 per cent in the paper.

    Previously, the highest achievements reached by several Malays from 2015 until last year, were as second, third and sixth ranking ACCA World Prizewinners.

    After getting a top score of 8A1s and 1B for SPM, Wan Mafudah, who was also a former MRSM Besut student, pursued her studies in accountancy for one and half years at the Poly-Tech Mara College in Kuala Lumpur before receiving a scholarship from Permodalan Nasional Berhad and continuing her education at Intec Education College.

    Sharing the secret to her success, Wan Mafudah said she liked to practice her knowledge by sharing the knowledge acquired with others as it also helped to increase her understanding.

    “I suggest that emphasis be placed on accountancy, commerce, economics and English from the early secondary school level as these are the foundation subjects in the mastery of accountancy.

    “Early exposure also needs to be given in the basics of Information Technology and mathematics as well as mastery in at least three other languages,” she added. – Bernama

    Read more at https://www.thestar.com.my/news/nation/2018/02/18/wan-nur-mafudah-no1world-prize-winner-in-acca-financial-reporting/#TPGHsjDhpu7l85bl.99

*****************

This is very encouraging as the PNB program, is designed to narrow the gap of professionally trained accountants amongst the Malays.

It was projected earlier when Vision 2020 was put in place over 25 years ago and Prime Minister Dato’ Sri Mohd. Najib Tun Razak’s agenda of the ‘High Income Nation’ as part of the Economic Transformation, 60,000 accountants would be required by 2020.

The Malaysian economy  is already at the RM1,300 billion band. Within three years, it would be in one and a half trillion Ringgit Malaysia band.

A lot of drivers are required to ensure this economic vessel is on course for the voyage towards a high income nation. At the top of the talent requirement are accountants.

At the moment the membership of Malaysia Institute of Accountants (MIA) stands at 35,000. Out that, 10,000 are amongst the Malays and Bumiputera.

Only 18% of the 10,000 are professionally trained accountants.

Hence, PNB’s quest to add another 1,000 is a very strategic initiative. It is more than just an effort to furnish the professional talent pool amongst the firms under PNB’s  substantial portfolio stable.

Considering that there are over 1.100 firms listed in Bursa Malaysia, the targeted 3,000 professional accountants amongst the Malays is still far from adequate.

The success of PNB’s initiative:

ACCA/CAT PRIZE WINNERS DECEMBER 2017

A: In summary for Malaysia, 11 out of 25 prize winners are bumiputera:-

– ACCA : 13 winners (4 out of 13 are Bumiputera)

– CAT : 12 winners (7 out of 12 are Bumiputera)

For 3 top affliates, all non-bumiputera (PNB target is to be able to produce gold/silver or bronze medal winners in future)

B: PNB Chartered Accountant programme prize winner for Dec 2017 sitting

PCA programme in collaboration with Yayasan Peneraju/IPAC has produced 1 ACCA prize winner which is also the first ever scholar who have been ranked 1st in the world (previously highest is 3rd in the World)

Wan Nor Mahfuda binti Wan Yusof Malaysia#1( World #1) for F7 Paper : Financial Reporting

Raised in Jerteh Terengganu, she previously studied @ MRSM Besut. Mahfudah joined PCA programme in Jan 2017 through the Post CAT/Diploma route. Her father is a surveyor and mother is a housewife. She scored 95% for F7 paper and was ranked #1 in Malaysia and #1 in the world by ACCA for Dec 2017 exam.

C: Yayasan Peneraju scholars – 7 prize winners (3 ACCA and 4 CAT). List as prize

PNB team, MyPAC, IPAC Education and Sunway TES who have been providing undivided support & commitment to thrive in increasing number of professional bumiputera for the nation

***********

Perhaps, more initiatives similar as would be put in place. It is a worthy economic transformation program with a twin-pronged objective; to furnish the requirement for the economic growth and narrow the gap between the ethnic groups.

PNB is already involved and in the driving seat of many strategic firms and their investments in Bursa Malaysia reached the 10% of the total listed company market capitalisation.

Growing business with investments and putting stewards at strategic level has been the strategy for the past 40 years.

Now, PNB is seriously developing the talents to operational drive these investments and firms, on top of narrow the gap for professionally qualified accountants for Malaysian industries.

*Updated 2130hrs

Published in: on February 18, 2018 at 20:00  Leave a Comment  

TH announces higher Hibah

Tabung Haji announces higher Hibah and Bonus for depositors, amidst higher cost of operations and impairment of some loss making investments.

That is a good sum, for over 9 million TH depositors and aspirant pilgrims. TH currently managing a savings scheme under the Wadiah principle, of over RM70b worth of funds.

It is an increase of 5.88% for Annual Hibah and 16.67% for Hajj special Hibah over previous year’s. The Gross Income is RM4.5billion.

For the last financial year, TH provided RM296m in subsidy against direct cost of performing Hajj, so that the charge for pilgrims could be maintained at RM9,980.

Include this year’s Hajj season, TH would have subsidized over RM1.5b in direct cost, for over 215,000 pilgrims muasassah scheme.

The subsidy had been raised from profits derived from shariah compliant investments.

Overall subsidiary contributed RM1.156m or 26% of total income. Mainly investments in financial services such Bank Islam, TH properties, TH Hotel Residence, TH Plantations and other investments abroad.

Another change is that our hibah bases change from lowest minimum balance to lowest yearly balance to encourage depositors to save for long term rather than short term bcos it is back to tab haji original objective of saving little by little to perform hajj.

TH has also impaired THHE of RM208m and two other portfolios Oil and Gas industry which are Scomi Energy Services and Alam Maritim totalling RM170m due to the poor global performance in the sector.

In all, TH impaired RM470m in losses.

Prudent management and tight investment policies are part of TH key success to increase Hibah to depositors, amidst growing subsidy for direct Hajj operations with objective to provide affordable pilgrimage for Malaysian Muslims.

I

 

Published in: on February 7, 2018 at 14:30  Comments (2)  

Penny wise, Pound foolish

Published in: on January 21, 2018 at 23:59  Comments (2)  

Incompetence

Fourth Prime Minister Tun Dr. Mahathir Mohamad and his Motley Crew obviously is unable to run the nation when they can’t even get their own political party organised, in accordance with party’s own Constitution and Registrar of Society.

NST STORY:

Parti Pribumi Bersatu Malaysia (PPBM) chairman Tun Dr Mahathir Mohamad says the party is unable to hold annual general meetings (AGM) due to its poor organisational structure. File pic by AZHAR RAMLI.

KUALA LUMPUR: Tun Dr Mahathir Mohamad has admitted that Parti Pribumi Bersatu Malaysia’s (PPBM) failure to hold annual general meetings (AGM) at the division, branch and central levels is due to the party’s poor organisational structure.

Dr Mahathir, who is PPBM chairman, said the party’s branches and divisions have yet to hold meetings at their respective levels despite having many members.

“To have an AGM, we need to have meetings at the branch and division levels but although there are many members, they haven’t organised meetings yet.

“Even some divisions are not properly organised yet, so we can’t determine who will attend the AGM if we hold one,” he said during a press conference at the Parliament building here today.

He revealed that the branches are the most disorganised section of the party, which was founded in September last year.

On Sunday, Registry of Societies (RoS) director-general Surayati Ibrahim said PPBM is facing a possibility of deregistration if it fails to resolve issues concerning a proposed amendment to the party’s constitution, and its failure to hold AGMs at the division, branch and central levels.

She had said PPBM’s failure to hold an AGM since it was registered a year ago was a violation under its own party constitution as well as under the Societies Act 1966.

She had said PPBM allegedly failed to conduct AGMs at its divisions and branches with a minimum quorum.

“What they did hold was a Special Committee Meeting which only involved its supreme council members. It did not involve divisional or grassroots members,” she was quoted as saying.

Surayati had said these problems remained unresolved despite PPBM going “back and forth” to the RoS headquarters to iron out the issues since June.

She had also said the issues that had affected PPBM’s status as a registered party pertained to the party’s inclusion of its women and youth wings, whereby terms such as Armada (Angkatan Bersatu Anak Muda) for the youth wing, and Srikandi for the women’s wing, were not in the party’s constitution.

Meanwhile, commenting on Pakatan Harapan’s registration with the RoS, Dr Mahathir said the pact is still waiting to hold a meeting with Home Minister Datuk Seri Dr Ahmad Zahid Hamidi.

He said the opposition coalition has yet to receive word from the RoS on whether or not their application is approved although it was submitted several months ago.

“We are trying to meet the minister (Zahid) but we haven’t received any answers yet. We want to know if there are objections or if RoS disagreed with our (application) or if they have suggestions for us,” he added. –Reporting by ARFA YUNUS, FERNANDO FONG AND BEATRICE NITA JAY.

359 rea
***********************
Dr. Mahathir was giving excuses that the party members have not ascertained their membership, based on branches and divisions.
PPBM has yet to convene their first AGM, since ROS approved the application in August last year.
According to PPBM Constitution, AGM must be convened within two months after divisions concluded their annual meetings. Divisional meetings must convene two weeks after braces concluded their meetings.
Published in: on November 15, 2017 at 23:59  Leave a Comment  

The defining address

HRH Paduka Seri Sultan Perak Tuanku Sultan Nazrin Shah Ibni Almarhum Sultan Azlan Shah urged all Malaysians to master the Bahasa Melayu, the national language, as a tool to foster unity and muhibbah.

NST story:

Sultan of Perak Sultan Nazrin Muizzuddin Shah and the Raja Permaisuri of Perak, Tuanku Zara Salim arrives at SMJK Sam Tet’s excellence awards ceremony today. Pix by Muhaizan Yahya

IPOH: Sultan of Perak Sultan Nazrin Muizzuddin Shah said it was imperative for all Malaysians to be proficient in the national language to show their love and loyalty for the country.

He said the ability to communicate among the multi-racial people is a pre-condition for any possible interaction and that language is a medium that enables human relationship to grow closer.

The future of the country depends on the mutual understanding and harmony among the multiracial community, Sultan Nazrin said.

In the context of the education system, he said vernacular schools must acknowledge efforts by government by providing equal opportunities and open education policy by producing students with competency in the usage of national language.

“Vernacular schools must show their commitment towards the government and the people in this country, and take responsibility to ensure that their students are able to master the language in the same proficiency level, if not better than those who attend national schools.

“Efforts to improve the competency of Bahasa Malaysia among students at the vernacular schools must be seen and accepted as a challenge. (And) this achievement in ensuring this must be made the main index for the schools’ accomplishment,” he said in his speech in his speech at SMJK Sam Tet’s excellence awards ceremony today.

He said the success of improving the students’ competency in the national language usage would help foster a nation with united society and minimise any uneasiness among the people, particularly towards vernacular schools.

“The founders of the country, when establishing the National Education Policy and the Razak Report (Malayan educational proposal), had introduced a school education system known as the national school (sekolah kebangsaan).

“This was based on the premises that the school is the best platform to unite people from different backgrounds and for them to get know each other, understand and nurture mutual respect among them, thus inculcating harmonious relations since the tender age.

“However, today’s dynamic have presented itself new challenges which calls for adjustments. Vernacular schools are allowed to continue operating. The open policy adapted by the government, must be given due appreciation by proving that fostering of unity can still be achieved through vernacular schools.

“The national language is the identity of a nation. It would be embarrassing and ironic if someone with Malaysian citizenship, and enjoys all the benefits and privileges of a citizen, but could not understand, speak, write and read in the language,” he said.

*****************

Published in: on October 23, 2017 at 23:30  Leave a Comment  

Dame of Desperado, Courtesan of Compulsive Con

Claire Newcastle-Brown propensity to continuously lie upon another lie is coming to a formal end when she is unable to literally put the money where her mouth is.

New Straits Times story:

Clare Brown fails to furnish evidence in London Court over bribery claims

Controversial Sarawak Report’s chief editor Clare Rewcastle Brown

SYED UMAR ARIFF

KUALA LUMPUR: Controversial Sarawak Report’s chief editor Clare Rewcastle Brown has allegedly failed to furnish evidence at the London High Court over claims that Pas president Datuk Seri Hadi Awang had received an RM90 million bribe from Prime Minister Datuk Seri Najib Razak.

Political news portal The Third Force’s writer Raggie Jessy in a posting said Brown had fell short in meeting a 4pm deadline (United Kingdom time) yesterday, to substantiate the allegations, thus violating a court order dated Aug 2, 2017, which required her to file and serve defence by the stipulated date and time.

“As a result, the Sarawak Report Chief Editor will now have to return to court in October, where it is likely that her counsel will make another attempt to seek an extension.

“Nonetheless, today’s development is set to trigger an alarm within the (Tun Dr) Mahathir (Mohamad)-led Malaysian opposition coalition that has painstakingly demonised Najib based on her articles,” the writer said.

Following Dr Mahathir’s cooperation with Brown and use of her articles to criticise Najib, Raggie contended the former prime minister would now have to clarify Brown’s failure to produce the evidence.

The writer alleged Dr Mahathir was likely to be concerned over the public’s view of him, and raise the question whether Brown was paid to smear Najib’s reputation.

“The onus is now on Dr Mahathir to explain just why Clare failed to produce the ‘smoking gun evidence’ that served as the basis to his attacks against the leadership of Najib.

“The former premier’s biggest fear is that Malaysians will begin to see him for the crook he is, and question if he did indeed pay Clare off to blacken Najib’s name.”

Hadi is suing Brown over an allegedly defamatory article titled ‘As Najib Denies All Over 1MDB, Let’s Not Forget His Many Other Criminal Connections – COMMENT’ published on Aug 6 last year, which plaintiff had claimed as being false.

The article purportedly alleges that Hadi had received bribes from Najib to the tune of RM90 million. Hadi was represented by lawyers from the legal firm of Carter-Ruck and barrister Jacob Dean.

Raggie said the Pas president had instructed his lawyers to demand an apology from Brown through three letters, none of which she has responded to.

“Despite having ample time since last year to put together her evidence, Brown failed to offer a shred of it, meaning the abundance of documents she claims to possess against Najib, are nothing but fabrications. If indeed the documents were genuine, why is she so reluctant to adduce them? Wouldn’t the submission of such ‘evidences’ have convinced the judge that Najib was a shoddy character capable of bribing someone like Hadi?

“Her failure to do so goes a long way to show that she had malicious intent to depose a democratically elected leader of a sovereign nation. And now that the tide seems to be against her favour, she attempted to drag the trial past the 14th general election, by seeking an extension from the judge.”

In reiterating against Brown’s credibility, Raggie said Brown had yet to deny a recent confirmation by “whistleblower sources” from the United States over allegations of Dr Mahathir channelling “millions” to her accounts in efforts to topple Najib.

“Not only did the Sarawak Report Chief Editor deny this (the latest allegation against her), she has yet to debunk articles in which I accused her of conspiring to sabotage 1MDB (1Malaysia Development Bhd) and to turn the Chinese government against the administration of Najib.”

*****************

Earlier in the month, she alleged that she would not able to get fair trial for any cases brought forth by Malaysians against her for her unsubstantiated allegations.

New Straits Times story:

London Court favours Hadi in case management in suit against Clare Rewcastle-Brown

The case management of a civil suit by PAS president Datuk Seri Abdul Hadi Awang (left) against Sarawak Report founder and editor Clare Rewcastle-Brown took place at the Courts in London, United Kingdom on Aug 2. NSTP pic.

KUALA LUMPUR: Datuk Seri Abdul Hadi Awang’s case management involving his civil suit against Sarawak Report founder and editor Clare Rewcastle-Brown, favoured on behalf of the PAS president.

The Case management took place at the Courts in London, United Kingdom on Aug 2.

In a statement, Hadi’s political secretary Dr Ahmad Samsuri Mokhtar said the case management arose after Rewcastle-Brown applied to the court for the Marang member of parliament to deposit monies with the court as a security for legal costs involving the parties court proceedings.

“This is in the event he (Hadi) was to lose the case and would have to pay Rewcastle-Brown’s legal costs, which she estimates to be around £800,000 (RM4.5 million) in total for the whole hearing till completion.”

The civil suit is related to an article titled ‘As Najib Denies All Over 1MDB, Let’s Not Forget His Many Other Criminal Connections – COMMENT’ published on Aug 6 last year which Hadi’s counsel claimed as being false.

The article purportedly alleges that Hadi had received bribes from Prime Minister Datuk Seri Najib Razak to the tune of RM90 million.

Hadi was represented by lawyers from the legal firm of Carter-Ruck and barrister Jacob Dean.

Carter-Ruck, assisted by a legal opinion from a law expert in Malaysia had successfully argued, that there exists well-established laws between the UK and Malaysia which allows for Brown to claim the costs through Malaysian courts, which will see a cost of not more than RM80,000.

“Based on his confidence on the case from the beginning, Hadi had already offered to deposit this amount with the court, which was sufficient and uncontroversial.

“Rewcastle-Brown’s arguments that she cannot successfully bring a legal suit against Hadi in Malaysia as the judiciary, government and the Prime Minister are corrupted and are complicit with him was rejected by the court.

“As the court observed, these serious allegations were not supported by any evidence from Rewcastle-Brown whatsoever, despite having months to provide some,” he said.

Samsuri said the London Court had also made it clear that in the absence of evidence, the court could not accept that another sovereign state that has good ties and relationship with UK is corrupt.

The court accepted Hadi’s offer to pay the RM80,000 deposit.

Samsuri said in recognition of the flawed basis of her application, Rewcastle-Brown was ordered to pay Hadi two thirds of his costs of the exercise.

She has to pay £15,000 (RM83,719) to Hadi now, with the quantum of the balance to be assessed by the court in due course.

“The court also ordered Rewcastle-Brown to submit her defence into court within 21 days so Hadi can proceed with this case and she cannot continue to prevaricate,” he said.

A request to appeal this judgment by Rewcastle-Brown’s lawyers was disallowed by the court.

“This is a very positive development for Hadi in his bid to clear his name of the allegations by Rewcastle-Brown and Sarawak Report in their article,” Samsuri said.

“He also would like to extend his gratitude to members of PAS and the members of public who have been supporting him in this very difficult case,” he said.

Hadi was also informed by Carter-Ruck that the Malaysian High Commission in London had sent representatives to attend and to observe the proceedings as many political allegations were made against the Prime Minister of Malaysia, the government of Malaysia and the judiciary in Malaysia by Rewcastle-Brown in documents that she is filing into court.

**************

Original analysis by The Third Force on the suit case brought forth by PAS President Dato’ Seri Hj Hari Awang against Rewcastle-Brown for allegations of the RM90million bribe.

Sarawak Report fails to meet 4.00pm deadline

Clare Rewcastle Brown a.k.a. Sarawak Report failed to file her defence to prove that Najib Razak paid Hadi Awang RM90 million at 4.00pm UK time yesterday, 30th August 2017. She asked the court for an extension of time but the judge rejected her application. The case will, therefore, proceed in October 2017.

THE THIRD FORCE

At 4.00pm United Kingdom (UK) time, Sarawak Report’s Chief Editor, Clare Rewcastle Brown, failed to furnish a London Court with evidence that Malaysian premier Najib Razak bribed PAS president Abdul Hadi Awang RM90 million. Her failure to do so violates a Court Order dated 2nd August 2017 (see below) that required her to file and serve her defence by the stipulated date.

To recap, and in short, Clare is being sued over a Sarawak Report editorial alleging that Najib bribed Hadi RM90 million to solicit political favours from the latter. The PAS president asked his United Kingdom (UK) based lawyers to send her three letters demanding that she apologise for the false allegation but the apology never came.

It didn’t because the extremely recalcitrant and preponderant Ms. Rewcastle ignored the letters and told the judge that she received dozens of such letters, none of which ended in court battles. Earlier today, she asked the judge to grant her an extension to submit her case against Hadi but it was refused.

Despite having ample time since last year to put together her evidence, Clare failed to offer a shred of it, meaning the abundance of documents she claims to possess against Najib are nothing but fabrications. The judge probably knew that. I mean, if indeed the documents were genuine, why is she so reluctant to adduce them? Wouldn’t the submission of such ‘evidences’ have convinced the judge that Najib was a shoddy character capable of bribing someone like Hadi?

Her failure to do so goes a long way to show that she had malicious intent to depose of a democratically elected leader of a sovereign nation. And now that the tide seems against her favour, she attempted to drag the trial past the 14th general election by seeking an extension from the judge. But the judge more or less told her to fly kites.

As a result, the Sarawak Report Chief Editor will now have to return to court in October, where it is likely that her counsel will make another attempt to seek an extension. Nonetheless, today’s development is set to trigger an alarm within the Mahathir-led Malaysian opposition coalition that has painstakingly demonised Najib based on her articles.

The onus is now on Mahathir to explain just why Clare failed to produce the “smoking gun evidence” that served as the basis to his attacks against the leadership of Najib Razak. The former premier’s biggest fear is that Malaysians will begin to see him for the crook he is and question if he did indeed pay Clare off to blacken Najib’s name.

But that’s just what I’ve been saying for a long time.

As a matter of fact, whistleblower sources from the United States (US) have recently confirmed that Mahathir did indeed channel millions to Clare in a bid to depose of Najib through democratic thievery. Not only is the Sarawak Report Chief Editor yet to deny this, she has yet to debunk articles in which I accused her of conspiring to sabotage 1MDB and to turn the Chinese government against the administration of Najib Razak.

Did I not tell you this lady is full of shit?

************

What is very interesting is that Fourth Prime Minister Tun Dr. Mahathir Mohamad incessant open attacks against 1MDB as a strategic tool to oust Prime Minister Dato’ Sri Mohd. Najib Tun Razak is based on stories first appeared in Sarawak Report.

Dr. Mahathir manipulated and lied, one upon another along with the incessant twist of foreign media, headed by the Neo Con Jewish paper Wall Street Journal.

The desperation of Dr. Mahathir’s motley crew is abundant clear and his ‘Tale of Lies’ coming to a tail end.

The stories concocted in a series of tale about complex twist of facts and fabrication of materials, infused with stolen information which were published by Sarawak Report and foreign media.

That is in cohort with Dr. Mahathir through speeches to oust Prime Minister Najib in his road shows since 30 months ago, which later co-operated with the Opposition and turned it as a strategy to demonise Prime Minister Najib.

Even Dr. Mahathir’s agents attempt to go around the world to make reports against the alleged “Theft, criminal breach of trust, cheating and money laundering” never actually took off.

In fact, they which are also being twisted as a complex act of kleptocracy, was never actually proven in any court but game of perception continuously kept aline by foreign media.

United States Department of Justice (DoJ) never really gotten anywhere with their might and will, but to make announcement year-on-year and a pursuit through civil means instead of taking the named individuals in any criminal court anywhere.

Even that could no longer hold water.

Free Malaysia Today story:

DoJ stay on civil suits a delaying tactic, say Jho Low’s lawyers

| August 29, 2017

Parties involved in United States Department of Justice’s ‘1MDB’ civil suits want proceedings to continue, says report.

jho-low-dojs

PETALING JAYA: The United States Department of Justice’s move to put on hold civil forfeiture lawsuits against assets purchased with funds allegedly embezzled from 1MDB is just a delaying tactic, say lawyers representing Jho Low and other parties involved.

On Aug 10, DoJ officials asked a judge in Los Angeles to put on hold civil forfeiture lawsuits because it was feared it would interfere with a criminal investigation into alleged money laundering involving the funds in question.

As a result, the parties involved in the DoJ’s suits have now urged the court to continue with the proceedings.

An FBI agent had warned in the court filing that information disclosed in the civil cases may reveal “potential targets and subjects of the investigation and the investigative techniques that have been and will be used in the investigation”.

“Now, the government’s effort to indefinitely stay all discovery – and almost everything else about this case too – exposes the reality that the government has no interest in exchanging information with the claimants, respecting claimants’ substantive and procedural rights, or moving this case forward at all towards a resolution.

“It is now apparent that the government was crying wolf about potential delays in discovery in order to bolster its efforts to win by default without presenting its case on merits,” read the 19-page document, according to Mkini.

The parties who stand to lose various assets in the DoJ’s civil suits argued that the US government had tried to keep the claimants from appearing in the case for many months in an attempt to secure forfeiture of the properties by default.

According to the report, the three sets of documents are dated Sept 18, but appeared in the California Central District Court’s electronic court system yesterday.

The three motions are for DoJ’s suit seeking the forfeiture of the Viceroy L’Ermitage Beverly Hills property, a separate suit for all business assets related to the property, and a third suit seeking the forfeiture of royalties owed by EMI Music Publishing Group North America Holdings Inc to JW Nile (BVI) Ltd, JCL Media Ltd, and/or Jwnwel Capital Ltd. All three were filed by the same group of lawyers.

Jynwel Capital is a Hong Kong-based company owned by Malaysian businessman Low Taek Jho, who is better known as Jho Low.

In its latest court filings in California, in June, the DoJ said it was seeking to seize US$540 million (RM2.3 billion) in assets including art works, jewellery, a yacht worth worth US$165 million, and film rights purchased with funds allegedly embezzled from 1MDB.

It followed the civil forfeiture suit by the DoJ in July last year, which sought to recover all the assets including but not limited to the Park Lane hotel in New York, a luxury hotel in Beverly Hills, condominiums in New York, a private jet, expensive works of art, as well as the financing of Martin Scorsese’s movie “The Wolf of Wall Street”, which starred Leonardo DiCaprio.

The total value of the assets sought by the DoJ stands at US$1.8 billion (RM7.7 billion).

In the court action yesterday, lawyers for the parties involved argued that the DoJ’s request is unconstitutional and “improperly broad”.

“The government’s overbroad and extraordinary request for a stay of indeterminate duration, during which time the defendant’s assets would remain in limbo, should be denied,” the lawyers said in the filings.

They wanted the DoJ to prove how the investigation process and other actions taken under the civil suit, would affect investigations or prosecution. The lawyers also wanted the stay on proceedings to be time-limited instead of indefinite as it is now.

****************

1MDB is about a commercial entity facing the usual commercial issues and being resolved, the commercial way.

The desperation is showing. Even those who believed in Dr. Mahathir are left sinking in the combination of blind loyalty and delusion grappling with straws to hold on to.

Soon Rewcastle-Brown would be finished by her own lies and unsubstantiated stories and that would trickle a domino effect, that would eventually drag Dr. Mahathir down through the infamy of face in the mud.

Its coming to an end at the end, quite quickly.

*Updated 2345hrs

Published in: on September 1, 2017 at 18:00  Comments (4)  

Pay with peanuts, monkeys go Planet of the Apes

It is pointless to provide facilities of world class in standard if there are amongst Malaysians who unable to alleviate themselves and appreciate how transformation brought forth by design did provide betterment for them, the society and the nation as a whole.

Malaysians ought to come to maturity in attitude, conduct and how they carry about their lives what seemingly coming to age after being sovereign and able to decide for themselves 60 years after Merdeka.

Federal Government  spend RM21b to construct the 51km Sg. Buloh-Kajang (SBK) line which was opened by Prime Minister Dato’ Sri Mohd. Najib Tun Razak, as part of his socio-economic transformation program to bring the quality of life of Malaysians to another level and drive economic growth.

However, it is appalling that there are pockets within our community who boistrously very unappreciative of the world class facilities provided.

Things ought to be in the bin, tossed on the glass ceiling of a city centre station

A concrete bench is chipped!

Wall of the conveniences for the ladies vandalised

Deep scratches on benches

What is jaw-dropping is that so many commuters within Klang Valley especially those who live, work, shop or educated along the 3-5km radius of the 51km SBK line need no longer harrow God forsaken experience of massive traffic jams, welcome such transport system infrastructure.

Only a handful savages live amongst us who could invoke their beastility within five days of public operation, which already recorded 140,000 paid commuters.

Prasarana charges ten sen per kilometre on the SBK line and provides 300 feeder buses along the 51km route via 19 stations. It is designed for affordability and convenience, for commuters to travel from the suburbs to the city centre, with comfort and efficiency.

These socially ill-attitude primates must within their system believe that when they pay peanuts, they should be monkeys. Thus, they should be off our trains!

Published in: on July 24, 2017 at 08:30  Comments (4)  

Incorrigible ignominious

It would be impossible to describe a stubborn man who simply refuse to see things except from his own personal vision, on a personal agenda and ridicullously obsessed about it, all and in sundry.

NST story:

Former prime minister Tun Dr Mahathir Mohamad says he has not and will not apologise to his former deputy Datuk Seri Anwar Ibrahim. File pix.

KUALA LUMPUR: Former premier Tun Dr Mahathir Mohamad has revealed that he has not and will not apologise to his former protégé-turned-enemy and now ally, incarcerated opposition leader, Datuk Seri Anwar Ibrahim.

In an interview with Australian broadcast agency SBS World News, Tun Mahathir said this is because he has never asked his detractors to apologise for criticising him.

“We have all said nasty things about each other. I don’t ask people to apologise for calling me all kinds of names and accusing me of all kinds of wrongdoings.

“What happened is in the past and we can’t be apologising for something that happened in the past,” he was quoted as saying.

Anwar was Tun Mahathir’s deputy until they had a falling out in 1998, an event which sparked protests by Anwar supporters calling for political reform in the country.

He was imprisoned on charges of corruption and sodomy shortly after, though Anwar claimed he was innocent and that the charges were politically-motivated.

The former Umno man was released from prison in 2004 and went on to lead the opposition coalition, but was jailed again in 2015 on separate sodomy charges and is currently behind bars serving a five-year sentence.

In Sept last year, the two nemeses met face-to-face, under friendly circumstances, for the first time in 18 years – but the reunion has been described as a political ploy which “demonstrates the depth of their political opportunism and desperation”.

Aside from Anwar, Tun Mahathir has also showed support for the DAP and its advisor, Lim Kit Siang, who has been one of the former premier’s harshest critics for decades.

When asked who will be named prime minister should Pakatan Harapan win the upcoming 14th general election, Tun Mahathir responded by saying “party infighting” has prevented the opposition pact from uniting and discussing the issue.

“It is divisive. The moment you name a (candidate for) prime minister, there is going to be a lot of unsatisfied people who may sabotage the new opposition coalition.

“So it is better for us to name a prime minister (once) we win. It becomes irrelevant to name a prime minister now and then we lose,” he added.

It is believed that Tun Mahathir was referring to Anwar’s party, PKR, which recently lost an ally, Pas, which ended its ‘tahaluf siyasi’ (political cooperation).

Pas’ Syura Council decided that the move was necessary in order to defend the party’s Islamic agenda, aside from accusing PKR of breaking many terms of its conditional cooperation, including failing to support Pas in its Islamic agenda, and working against it in two by-elections last year.

****************

His interview to Aljazzera is so misleading and wrong on so many counts. He said “If you refuse to see evidence, then I cannot help you”.

Yet, he is someone who refused to see evidence presented in his face which proven him wrong.

Firstly, Attorney General is not compelled to reveal the investigation of any papers forwarded to the Attorney General’s Chambers to the public.

Secondly, there is no need to list down the corrupt and abuse of power practices which he is involved, under his watch or having the knowledge but did not stop the rot throughout his administration of 22 years as the Prime Minister and UMNO President.

Example is the rape and plunder of Bank Bumiputra a few times, which started with the deception of Hong Kong businesses and careless disbursement of funds through Bumiputra Malaysia Finance. That led to the brutal murder of Assistant General Manager A Jalil Ibrahim in 1983.

Thirdly, Bank Negara Malaysia had a negative capital of RM30 billion a quarter of century ago, due to negligence of the central bank gambling into forex market.

The negative capital provided the opportunity of rogue money traders such as George Soros to attack and manipulate the Ringgit, till had a serious adverse effect on the nation’s economy, financial, capital and debt market and triggered a recession.

Fourthly, the Malaysian Government had to bail out many corporations.

Fifthly, the fact that the authorities never pushed for all of his wrongdoings through the proper channel and procedures like being charged and submitted to trial is about his stature as a Statesman. The window of consideration that he is very old and it is unfashionable to trump an OAP as an accused in a criminal court, is being manipulated by him.

Sixthly, he interference into Judiciary is incredible and became a landmark case amongst the Commonwealth where a Lord President was sacked and five other Supreme Court Judges were adversely affected in 1988.

Seventhly, Dr. Mahathir the past two  and a half years conspired and used Neo Con Jewish controlled media to rubbish, manipulate information, lie and slander Prime Minister Dato’ Sri Mohd. Najib Tun Razak’s administration and him personally.

Eighthly, in his obsession to oust Prime Minister Najib, the nation and global confidence towards Malaysia as the 17th globally most important trading nation has been adversely affected.

An example is about Malaysia’s economy going bad to due mismanagement of the economy, over-borrowing and kleptocratic practices, which many times almost flushed several trade deals and projects, which are impetus to the economy.

Ninthly, Dr. Mahathir’s accusations without proper verified facts and in fact, some fabricated information and documents about strategic investment corporation 1MDB has yet to be proven otherwise.

Yet, he still harp on it despite one by one evidence are being unravelled against to his charge, attacks, allegations and slanderous remarks.

Bloomberg story:

Saudi Arabia Says Donation to Malaysian Premier Was Genuine

April 15, 2016, 10:22 AM GMT+8 April 15, 2016, 5:59 PM GMT+8

Saudi Arabia said a large donation to Malaysian Prime Minister Najib Razak was “genuine,” providing some clarity on the source of the funds amid reports the money came via a Malaysian state investment company.

Saudi authorities were aware of the donation and it came without strings, Malaysia’s official news agency Bernama reported, citing Saudi Foreign Minister Adel Al-Jubeir. He was speaking to reporters in Istanbul on Thursday after meeting with Najib during the Organisation of Islamic Cooperation summit.

“It is a genuine donation with nothing expected in return,” Al-Jubeir was quoted as saying. “We are also fully aware that the attorney general of Malaysia has thoroughly investigated the matter and found no wrongdoing. So, as far as we are concerned, the matter is closed.”

The Saudi comments follow earlier reports by media including the Wall Street Journal that the money came instead from entities linked to 1Malaysia Development Bhd., the debt-ridden state fund whose advisory board Najib chairs. 1MDB, which is selling assets to pare its debt, is the subject of various probes both at home and abroad into its finances.

‘Exhaustive Investigations’

“This confirms what the prime minister maintained all along, and what multiple lawful authorities concluded after exhaustive investigations: the funds were a donation from Saudi Arabia,” Najib’s press secretary Tengku Sariffuddin said in a statement Friday.

Najib is facing his biggest political crisis since coming to power seven years ago amid questions over the $681 million that appeared in his accounts before the 2013 election, which the ruling coalition, in power since independence in 1957, won with its slimmest margin yet. Attorney General Mohamed Apandi Ali in January closed the door on a graft probe of Najib, clearing him of wrongdoing over the “personal contribution” from Saudi royals.

The premier returned $620 million in August 2013 that was not utilized, Apandi said, without specifying what the rest of the funds were used for. Najib has maintained the funds were not used for private benefit.

Najib allegedly received millions of dollars in his personal accounts between 2011 and 2013 from the Saudi finance ministry and two men identifying themselves as princes from the Middle Eastern nation, the Australian Broadcasting Corp. reported late last month.

Former premier Mahathir Mohamad, the country’s longest serving leader who governed until 2003, has waged a public campaign to get Najib out of office. The feud has grown increasingly acrimonious as Mahathir attacked the prime minister over the financial scandals and his economic record.

“This also proves that the wild allegations pushed for one year by Tun Mahathir Mohamad and his Anti-Najib Campaign are completely false,” Tengku said.

***************

Tenthly, Dr Malahathir refused to accept Saudi Foreign Minister Adel Al Jubair’s explanation on their position about the “USD681 million donation and its genuine donation and do not expect anything in return”. This also include the refusal to accept the close association with the Saudi Monarch demonstrated by conduct when his Majesty King Salman Al Saud’s state visit to Malaysia two months ago.

He conveniently makes no qualms about making seditious remarks which include lying about “(His Majesty Seri Paduka Baginda Yang DiPertuan) Agong is under house arrest”.

That is not withstanding the fact he continuously propagate the false notion about “(Prime Minister) Najib would be arrested if he sets foot in United States or United Kingdom”, since over 18 months ago.

We could go on and on this. However, Dr. Mahathir has been harping so many allegations against Prime Minister Najib without him once ever personally made a report with the Police and MACC but instead getting his minions to offer their heads to be slaughtered for wrongful allegations.

That is a classic impossible game of an incorrigible ignominious.

Published in: on May 14, 2017 at 23:59  Leave a Comment