THE NEXT GOVERNMENT.

BARISAN RAKYAT SHALL FORM THE NEXT GOVERNMENT!

SOS

SOS
nation in distress

The World Anthem


WE ARE ALL OF 1 RACE, THE HUMAN RACE.


05/01/2017

HOW CRIME MINISTER NAJIB BLEW RM2.6 BILLION MISAPPROPRIATED FROM 1MDB/SRC!

On 22 March 2013 and 4 April 2013 US$620 million and US$61 million, total US$681 million, were respectively misappropriated/embezzled by Malaysian Crime Minister Najib and his wife Rosmah, from funds raised in the US by Goldman Sachs for 1MDB, a 100% owned Ministry of Finance (MoF) company. This money was secured by sovereign guarantees issued by the MoF, where Najib doubles up as Minister numero uno. It was credited to Najib's personal bank a/c with Ambank.

This in ringgit terms amounted to RM2.08 billion. When the theft was discovered and exposed later in 2015 by WSJ and Sarawak Report, due to the exchange rate then, it was reported as RM2.6 billion. Najib, as one could expect from a serial liar and thief, claimed that the RM2.6 billion was a donation from Arab Royalty. He also stupidly claimed that although the money was credited to his personal bank a/c, it was NOT a transaction that could be interpreted as a personal transaction, and that he did not personally benefit from the money! 

It was later confirmed by both the WSJ and our Attorney General Pandi that US$620 million was returned by Najib to the same bank a/c of the off-shore company that it had originated from, Tanore Inc, in Singapore. CLICK HERE.

Other than the RM2.08 billion, more than a billion ringgit had also flowed in and out of Najib's personal bank a/c in Malaysia between 2011 to 2013. As much as RM2 million was discovered in Rosmah's bank account about which MACC has done nothing.

Much of this was also from SRC, another 100% owned MoF company. In 2011, 1MDB had borrowed RM4 billion from the government's pension fund KWAP. Till today, Najib, MoF Chief Secretary Irwan Serigar Abdullah and Chief Secretary to the Government Ali Hamsa have lied about what the RM4 billion was used for. Expert analysts can only account for RM400 million (10%) of it.

It is obvious that Crime Minister Najib and his partner in crime Jho Low misappropriated the balance of RM3.6 billion and fooled (naive/stupid) auditors into thinking the money had been "invested" in funds represented by "UNITS" issued by an unknown offshore fund manager. When the heat became unbearable, Najib had the entire RM4 billion "investment" now worth zero, illegally transferred to SRC, a dark hole from which no information emerges because of Official Secrets Act (OSA) classification.

But information leaked by the BNM Task Force to WSJ and Sarawak Report reveals that not only did Najib benefit and enrich himself and his family members from the infamous RM2.6 billion, he also bought votes and rigged the 2013 general elections! This is a treasonous crime for which Najib, Rosmah and the entire UMNO/BN government should rightly be prosecuted and sentenced to life imprisonment in Bamboo River Resort!

SRC and 1MDB has also financed the Haj trips to Mecca of thousands of Malaysia Muslims under misguided and Islamically Haram, Corporate Social Responsibility (CSR) programs. Misguided, because SRC and 1MDB are fully government -owned companies meant to benefit the population as a whole, and Haram, because they used tainted money stolen by Najib and chanelled via SRC!

Below is a table of the staggering sums of money stolen by Najib and Rosmah and spent in the heist of the century! It does not represent all the money embezzled by Najib and Rosmah or all the illegal payments out as information is being leaked painfully slow. 

As they say my dear Malaysians, read 'em and weep!



26/12/2016

NAJIB'S RM114 BILLION LOOTING OF MALAYSIAN CITIZENS & PLAYING THE RELIGIOUS BIGOT CARD!



Here is the list of the RM114 billion of fraudulent deals planned and executed by Malaysian Prime Minister Najib Tun Razak, mainly for his and his wife Rosmah's benefit.

Najib has also created a massive slush fund for UMNO/BN which was illegally used to buy votes and rig the 2013 elections, and which will also be deployed in the coming general election:

1. 2002 RM8 billion Scorpene Submarines contract - Corrupt commission and inflated cost of (at least) of which RM575 million was paid to Najib croney Abdul Razak Baginda involved in the 2006 Altantuya C4 murder - RM1 billion.

2. 2009-2015 - Money borrowed by 1MDB. 100% MoF owned 1MDB has debts of $53 billion. Its audited accounts for the year ended 31 March 2015 and 2016 are overdue by 21 and 9 months respectively. Najib, Chief Secretary to the Government Ali Hamsa and MoF Chief Secretary Irwan Serigar Abdullah are covering up fraud, embezzlement of state funds, money-laundering, abuse of power, looting, plundering and plain theft. RM42 billion.

3. 2014 money borrowed from government pensioners' Kumpulan Wang Amanah Pencen (KWAP) and "invested" by 1MDB in dubious overseas coal-mining companies. Najib, Ali Hamsa and Serigar Abdullah have refused to provide investment details by hiding behind the Official Secrets Act! RM4 billion.

4. 2006 Pembinaan Private Finance Initiative (PPFI) money borrowed by MoF from EPF using fake government land leasing contracts. Najib, Ali Hamsa and Serigar Abdullah have refused to provide details of what this huge sum of money was used for and who actually received the money, by once again hiding behind the Official Secrets Act! RM30 billion.

5. November 2016 East Coast Railway Project cost inflated by Najib in a contract awarded without Open Tender to China CCC which is black-listed by the World bank for corruption and shoddy construction work. Najib plans to plug the huge hole in 1MDB's balance sheet by robbing Peter to pay Paul. RM30 billion.

6. December 2016 Pan Borneo Highway PDP contract awarded without Open tender to Bustari Yusuf, Rosmah croney and brother of Public Works Minister Fadillah Yusuf - 15% of $30 billion = RM4.5 billion.

7. December 2016 Eagle High Plantation Holdings 37% minority stake proposed acquisition @173% premium in an Indonesian oil palm company by Felda. Eagle is owned by Najib and Rosmah's croney Peter Sondakh! RM2.5 billion.

That adds up to a staggering RM114 billion! This does not include the looting in MRT, Double-Tracking Railway and other PMO controlled projects or the RM7.9 billion of Felda Global Venture Holdings shares book loss GLCs are sitting on!!! Of this, the EPF has confirmed it has sold of its entire holdings and so must have lost RM576 million!!! All of them were arm-twisted into buying those shares at inflated valuation by Najib in 2012.





Elsewhere, due to his bragging that he is a descendant of fearless Bugis warriors, Najib is mocked as Datuk Seri 1 Mappadulung Daeng Mattimung Karaeng Sandrobone Sultan Abdul Jalil'! Najib, like many of his fellow Cabinet members, suffer from selective amnesia, especially where it concerns their racial origins. He conveniently forgets that the Bugis who landed in Malaya in the 17th and 18th centuries were not the 'fearless warriors' of suspect legends, but cowards who did not have the guts to stay back and fight civil wars in their ancestral home in the Spice Islands of the Celebes (now re-named by Sulawesi)!






Najib, a proven racist, bigot and demagogue is still in office only because he has bought over the judiciary, attorney general, Inspector General of Police and top members of his coalition party, UMNO/BN, with the billions of ringgit he has looted. No one there has the courage, moral sense or integrity to expose and stop him, despite many professing to be very devout Muslims, Hindus, Buddhists and Christians.

When Najib recently accused the Myanmar (Burma) government of genocide concerning the Muslim Rohingya, it had nothing to do with his sense of outrage over human rights issues. It was all about trying to hoodwink local Malay Muslims into thinking that they should unite under UMNO/PAS to stay in power.


That is the same reason why Najib and UMNO joined hands with PAS  earlier this month to try (unsuccessfully) to Unconstitutionally ram a Hudud Bill through Parliament.


His and Umno's championing of India's fundamentalism Islam preacher Zakir Naik and his Islamic Research Foundation, now banned by India as an unlawful organization, has everything do with creating a siege mentality among local Malay Muslims. This is stupidity beyond belief. Naik was also banned from a lecture tour in UK in June 2016 for "unacceptable comments and behaviour". CLICK HERE AND HERE.


Malaysia offered sanctuary for 17 years to Indonesian Abu Bakar Bashir now convicted and serving a 15-year jail sentence in Indonesia for terrorism. CLICK HERE. Malaysian Malay Muslims have also been master bomb makers involved in the Bali and Jakarta suicide killings. Instead of respecting the Indian government which also announced that several charges were in the pipeline against Zakir Naik for radicalising youth and luring them into terrorist activities, Najib snubbed them. Naik has been allowed to enter Malaysia and move freely.


Where is Najib leading Malay Muslims to? The IGP announced in November that some 60 Malay Muslims had gone to fight alongside ISIL. CLICK HERE. Last week two foreign students of Mediu University based in Shah Alam were arrested on suspicion of being involved in ISIL terrorist activities. Mediu is a Arab initiated online Uni which has been accused of being an online degree mill! CLICK HERE.


There is nothing that this scum leech Najib will not stoop to stay in office to rob the citizens blind and satisfy his wife Rosmah's thirst for power and more bling!


It is our duty to stop Najib, Rosmah and their government of thieves, looters, racists, bigots and blood-sucking Draculas. We must pack them off to prison for life, like yesterday!  

19/12/2016

THE NEXT 1MDB - $30 BILLION PAN BORNEO HIGHWAY ROBBERY BY DRACULA NAJIB!





Whenever the Prime Minister's Office (PMO) of Najib Razak or any Malaysian government Ministry awards a major contract to an unknown company as a Project Delivery Partner (PDP), i.e. a company with no track record whatsoever, particularly in the area of work specified in the contract, you can bet your bottom ringgit that:

1. The main objective of the award would be to fraudulently syphon out billion of ringgit to UMNO, PM Najib, Rosmah and their cronies.
2. The PDP would be directly entitled to a minimum 5% of the contract sum for what in Malay is termed 'gaji buta' i.e. working as Chief Shake A Leg.
3. Beyond that, the contract sum would have been inflated by anywhere from 30%-100% as the sub-contract deals would have been done in accordance with UMNO/BN's favourite business model. This is the directly negotiated non-tendered out contract devised by the Economic Mismanagement Unit (EMU) of the Economic Plundering Unit (EPU) of the PMO.
4. The real project work would be done by professional sub-contractors, and management oversight exercised by civil servants engineers etc. in the Ministries.
5. The company would have been formed with $2 paid up share capital a few days or weeks before the contract was awarded.
6. The fake PDP company serving the post-office function would be headed by an Ali Baba crony whose main function would be to launder money and distribute the corrupt money to UMNO and others.
7. Najib would boast that a "significant percentage of contracts" had been awarded to Bumiputra contractors. The reality would often be that the Bumiputras (for a fee) would be fronts for non-Bumis or they would sub-sub-contract a significant portion of the contract to non-Bumis. Najib, fully aware of the reality, would then lie bare-facedly on national TV and at the UMNO AGM that he had fulfilled his God-ordained racist duty to Bumiputras!

Yesterday, in line with this thieving and looting Najib/UMNO/BN culture, the newspapers announced the award of the PDP for the Pan Borneo Highway (PBH) project as follows:


1. $12.5 billion contract for 602km phase 1  awarded with NO OPEN TENDER.

2. Total contract cost including phase 2 is estimated $16.5 billion.
3. PDP company Lebuhraya Borneo Utara S/B (LBUSB) incorporated in 2011 with paid up share capital of $1 million.
4. LBUSB has no track record whatsoever in any business.
5. To-date the company has no sales or activity whatsoever.
6. Completion - 2021.
7. LBUSB is 55% owned by Maltimur Resources S/B (MRSB) and 45% by Jalinan Rejang S/B (JRSB).
8. MRSB is 40% owned by Mohammad Zaidee Abang Hapni, a finance director at KLSE listed company Petra Energy controlled by Bustari Yusuf, who also has interests in Austral Plantations, timber, construction and other businesses through his OBYU Holdings S/B. Zaidee resigned his position at Petra Energy last year to join MRSB.
9. Bustari Yusuf was the former Treasure of Sarawak's main political party PBB under Taib. His brother is Fadillah Yusuf who is Minister for Public Works under which falls the PBH project!
10. To complete the picture, Najib's wife Rosmah and Bustari Yusuff are great friends who once both worked at well-known property developer Island & Peninsula. Bustari and Fadillah's brother, Ahmadi Yusuf, is a director at Petra Energy together with Najib's brother  Nizam Razak, who is also a substantial shareholder. Nizam is also married to Taib's niece.
11. No information has yet to emerge as to 45% PBH shareholders JRSB.



As is also normal with Najib, all complaints of staggering conflict of interest with him, Minister Fadillah Yusuf UMNO/BN and PBB have all been summarily dismissed without so much as a peep from the MACC or Parliament. Many indigenous people like the Dayaks are up in arms in Sarawak that their Bumiptra rights have been totally neglected in favour of west Malaysia linked Malay blood-sucking Draculas!




More information is likely to reveal that the other directors and shareholders of LBUSB are all bound to be Ali Babas for various political parties and/or leading UMNO/BN and PBB politicians. At a glance they stand to gain a share of a bare minimum:


1. 5% of $16.5 billion = $825 million, PLUS

2. Say, 30% inflated cost = 16.5 x 30/130 = $3.8 billion.

With such massive easy money to gain, many in UMNO/BN and PBB will sell their wives and mothers for a share!


But this is only the cake. The icing on the cake is the 700km $13 billion Pan Borneo Highway Sabah project awarded to Borneo Highway PDP S/B whose shareholders are:


1. 40% MMC-UEM consortium.

2. 60% Warisan Tarang Construction S/B.

Here are links to articles by Sarawak Report, The STAR newspaper, etc:


18/12/2016 Pan Borneo Highway: Najib Launches 8 Packages - CLICK HERE.

30/04/2015 The PWD Minister's Brother's PBH Connection Exposed - CLICK HERE.
04/07/2015 Little Known LBU Lands Lucrative Job In Sarawak - CLICK HERE.
08/07/2016 Funding Issues For PBH - CLICK HERE.
12/04/2016 BHP Awarded PBH Sabah Job - CLICK HERE.

Folks, the looting and plundering are continuing unabated. Najib has yet to disclose how the $30 billion PBH project is going to be financed given that our national debt is heading towards $1 TRILLION!!! Are you, especially the Malays, still going to vote for Najib, UMNO/BN, PBB and their government of thieves? And do remember, Asia Sentinel has printed in black and white that 3 murders revolve around Najib!! CLICK HERE.

07/12/2016

EMAIL TO PRESIDENT BARACK OBAMA TO PUBLICLY NAME NAJIB AS MO1!

LETTER TO USA PRESIDENT BARACK OBAMA! I did it! See picture below for the acknowledgement from the White House!

I managed to email my Najib protest letter to Obama. It's not my best effort as I had to cut it down to below 2,500 characters including spacing.

And if I can do it, so can YOU! Please sign the petition:



And here is the link to email Obama:


You can use my template below or cut/add as you please. But get the message across! We need all the help we can get to throw that serial liar, 1MDB$30 billion and KWAP $4 billion defrauder, looter, plunderer, embezzler, racist and bigot Najib and his govt of thieves in prison. Do not forget that Asia Sentinel HK has published in print that 3 murders revolve around Najib and Rosmah - Altantuya, Najadi and Morais. He has not sued AS, WSJ or Sarawak Report. He dares not take anyone to court because he is as guilty as sin!




TEXT of email sent to USA President Barack Obama:

Dear President Barack Obama

I am a Malaysian citizen. I am very sad that you who brought back much needed integrity and honor to the US Presidency, and achieved so much for the USA, and the world too during your two terms, will have to take leave of office soon.

I am writing to you regarding a civil action brought in July this year by the US DoJ against Malaysian state-owned corporation 1MDB, certain of its officials and other individuals for multi-billion dollar kleptocracy.There can be no doubt in anyone's mind that 'Malaysian Official 1 (MO1)' in the DoJ affidavit refers to Prime Minister Najib.

He planned this looting to secure a slush fund to rig the 2013 General Election and corruptly enrich himself. About US$8 billion is unaccounted for in 1MDB's books. Najib replaced its auditors with Deloitte & Co in which his son is a partner.

Najib thwarted an investigation into US$681 million in his personal bank a/c, by Unconstitutionally sacking the AG and transferring out investigators. Earlier, the Deputy Prime Minister was sacked for casting doubts on Najib's ridiculous claim that it was a donation from unnamed Saudi Arabia Royalty.

In spiteful retaliation against the USA, Najib made a lightning visit in November to China with which he signed deals worth US$32 billion. He also made a thinly veiled speech against the USA, saying "former colonial powers should not lecture nations they once exploited."

Najib and his wife Rosmah have also been linked to three murders by Asia Sentinel HK. He has failed to sue them or the WSJ and Sarawak Report that accused him of fraud, embezzlement, money-laundering and abuse of power.

Given this scenario, Malaysians need all the help you can extend to us before you finally leave the Presidency. May I therefore humbly ask that you:

1. Kindly request the DoJ to unequivocally and publicly confirm MO1 as Najib Tun Razak. Although a minister admitted in a BBC interview that MO1 was Najib, he is still refusing to own up to anything, claiming that it is a civil action against others and not him.

2. Kindly persuade President Elect Donald J. Trump not to drop this case.


Malaysia has become a police state under Najib. He is prepared to Talibanize and turn it into an Islamic state with Syariah and Hudud Laws.

Malaysia will owe you a debt it can never repay if you would help us in our hour of need.

Thank you and God bless.

23/11/2016

MALAYSIANS WANT HUDUD? TREASON FROM NAJIB, ZAHID, HADI, SUBRA & LIOW!

by sharon oliver stone, Donplaypuks® intrepid correspondent for basic instinct religious affairs


Is this what UMNO's Najib and PAS's Hadi wish to achieve for Malaysia with the backdoor reading of Hudud Bill 355 in Parliament? (It's a Bill until it's passed in Parliament, receives the Royal Assent and gets gazetted. Only after that does it become an ACT). Turn it into a 4th world pariah Taliban ISIS state?

Bill 355 is a betrayal of both Muslims and non-Muslims in Malaysia because of guarantees in the Constitution vis-a-vis the rights to freedom of choice of religion and practising it, and no overlapping of civil court-syariah court jurisdictions. The legality of Bill 355 is therefore seriously in question as it seeks to alter our fundamental inalienable rights without the 2/3 majority vote in Parliament and amendment to the Constitution that would otherwise be mandatory!

And by keeping quite, MCA Chief Liow Tiong Lai and MIC Chief Dr.S. Subramaniam are doing the most treasonous thing they can do to Malaysian non-Muslims - allowing Hudud to become law by silence and default!

They have not thought it through have they, our so-called elected MPs:

1. Where a Muslim and a non-Muslim commit a crime together, say CBT, the Muslim might receive 30 lashes of the cane or amputation as punishment, but the non-Muslim, who cannot be tried in a Syariah court, will not be subjected to the same sentence.

2. Insurance laws do not recognize Hudud. So, in a motor accident claim, the non-Muslim may have no recourse if the other party is a Muslim!

3. Are Muslim doctors in Malaysia willing to administer amputation? What about their Hippocratic oath?

4. Are Malaysian Muslims really willing to accept stoning to death in adultery cases? Are they prepared to accept that their dear and precious daughters and wives may have no justice for rape if they cannot produce four male witnesses to the beastly event? Are they prepared for this - CLICK HERE.

But the real danger is that once the Hudud lobby gets its foot in the door, it will only be a matter of time before Hudud and Syriah law completely replace civil and criminal laws. 

CLICK HERE AND HERE for more detailed articles on the dangers of Hudud and Syariah laws for non-Muslims.

And note too, the cowardly way Najib is going about it. He has left the hatchet job to DPM Zahid by scooting off to Peru. Zahid has become Hadi's stooge, and spindoctoring to Muslim MP's that Hudud will be good for them. Where is Hadi? Why is he not doing the lobbying? Why has Zahid agreed to be Hadi's donkey and balls carrier?

Najib is gambling that by a miracle Hudud will unite the Malays and that the majority of them will then vote for UMNO at GE14. But, this is a pathetic pipe-dream with the Malay vote now split many ways - UMNO, PKR, PAS, Amanah, Pribumi, Perkasa and Warisan (Sabah).

Malaysia is hurtling towards failed-state status. It's up to the Malay Muslim majority to stop the runaway train!

11/11/2016

NAJIB INTERFERED IN THE INTERNAL AFFAIRS OF USA BLOWING $270 MILLION IN 1MDB STING!

(All $ refer to Malaysian Ringgit or RM).

THE DISTRACTION

This shocking RM270 million fraud, misappropriation of funds and abuse of power by Prime Minister and Finance Minister Najib, with the assistance of Jho Low and the top tier of  executives at 1MDB like Shahrol Halmi and Ismee, was first revealed by Sarawak Report in November 2015. 

But, recent events where George Soros has been accused of interfering in the internal affairs of Malaysia, makes it necessary to expose the deep-rooted hypocrisy of Najib, UMNO and their paid gangsters, thugs and hooligans headed by Jamal Yunos and his reviled band of Red Shirts.

    (CLICK ON PIC FOR ENLARGED VIEW)

The Red Shirts are reminiscent of the era of Hitler's Brown Shirts, Gestapo and Jackboots which led to dictatorship, fascism, World War 2 and saw a hundred million people die! IGP Khalid Abu Bakar immediately looked for something to distract us from the miscalculated move by UMNO to unleash the Red Shirts and the stinking 1MDB $30 billion and KWAP $4 billion looting by Najib. He latched on to that really old news that George Soros' Open Society Foundation had given monetary grants to Malaysiakini and Bersih, and lately, the Bar Council. 

With lighting-quick speed reserved only for Opposition MPs and NGOs. he announced that he had formed a 5-man team to investigate the possibility that Soros, Malaysiakini, Bersih and the Bar Council may have indulged in activities designed to "undermine Parliamentary democracy"!! This is in distinct contrast to the snail-paced investigation to charge Najib with the biggest swindle in Malaysian history. His negligence in also charging Yunos and the Red Shirts for causing violence, threatening a repeat of May 13 and failure to serve 10-day notice for their rent-a-mob demos is further confirmation of the IGP's double standards and that  has been bought over lock, stock and barrel by Najib!

Soros and his OSF does not promote violence, overthrowing of governments, revolutions or riots. Its stated aims:

"....where rights are respected, government is accountable, and no one has the monopoly on the truth" makes the Open Society Foundations unlike any other private philanthropic effort in history. CLICK HERE.

TWO-FACED NAJIB STIRS UP ANTI-JEWISH SENTIMENTS

Ever since the 1998 Asian Fiance Crisis, UMNO/BN has blamed Soros for the severe recession that followed. CLICK HERE. The truth is it was gross overspending and poor economic planning by Mahathir and UMNO/BN that led to it. And it was not just Soros, but hedge funds across the globe which attacked Hong Kong, Thailand, Singapore, Indonesia, Korea, Taiwan, Malaysia etc. Mahathir has mended fences with Soros. Yet again, UMNO's monstrous hypocrisy surfaces. In the '90s, Mahathir and Bank Negara lost a staggering $30 billion gambling in the same forex markets as that of the 1998 crisis.

Even the two-faced Najib met Soros in New York in 2010. Here is the proof of that. CLICK HERE.

Having once again stirred up a lot of anti-Jewish sentiments, how is Najib going to explain the fact that he engaged Goldman Sachs USA to raise funds for 1MDB and paid them an unheard of 12% fee of $2.6 billion? This outrageous deal which reeks of corruption and kickbacks, is being investigated now by US Law Enforcement agencies. CLICK HERE.

MALAYSIA INTERFERES IN THE INTERNAL AFFAIRS OF SEA COUNTRIES

The truth is also that Malaysia has been funding foreigners and interfering in the internal affairs of other SEA countries. For many years Mahathir and UMNO have constantly been trying to undermine Singapore by claiming that the Malays there had been reduced to 2nd class citizens and that they were worse off than their counterparts in Malaysia, a claim not borne out by any know international yardstick for measure of wealth, economics. standard of living, education, welfare or happiness.

Malaysia has also been guilty of funding for many years Misuari and his Moro National Liberation Front terrorists who have indulged in kidnappings, killings and armed resurrections in the Philippines.

THE $270 MILLION USA SOLAR POWER PLANT 1MDB STING

Which brings us to Najib's $270 million fraud, Frank White, DuSable Capital Management incorporated in Delaware USA, the US Democratic Party, President Obama and interference in the internal affairs of  the USA by Najib and UMNO.


DuSable was formed in 2013 by Frank White who was President Obama's chief fund raiser in 2012. It cannot be a mere accident then that Obama visited Malaysia twice in recent years in in 2014 and 2015, or that Najib went to Hawaii to play golf with Obama and got a lashing from the Press for not returning home fast enough to respond to disastrous floods in Kelantan that affected more than 200,000 people.



DuSable, an entity with no experience whatsoever in solar energy, was invited  in 2013 by Najib to participate in a 49%:51% joint venture (JV) with 1MDB to build a solar power plant in Kedah. 1MDB too had zero experience in the solar power business. As far as information is available, DuSable did not come up with a single cent of equity for the JV.

Barely a year later in October 2014, DuSable sold its "interest" in the JV back to 1MDB for an astonishing US$69 million. During that period, DuSable also earned consultancy fees of US$506,000,  making it a total of $270 million clean profit within 1 year.

In short, within 1 year, DuSable, with no experience in solar energy and which had come up with no money of its own, sold a 49% stake in a JV with 1MDB for a staggering $270 million, when not a single stroke of work had been done, and STILL HAS NOT!

NAJIB INTERFERES IN THE INTERNAL AFFAIRS OF USA

In the meantime, DuSable has made contributions to the election campaign funds of several USA Democratic Party candidates. But these political contributions are peanuts! What happened to the bulk of the $270 million?

What is obvious is:

1. Najib and Jho Low needed $270 million quickly.
2. 1MDB was swimming in cash, the bulk of which was raised by Goldman Sachs with extortionate fees.
3. A con job was hatched by Najib and Jho Low with a fictitious Solar Power Plant project in Kedah. There is now a similar Najib championed con job to siphon $28 billion by inflating the East Coast Rail LIne (ECRL) project to $55 billion, to cover up a $30 billion hole in 1MDB's balance sheet!!!
4. Frank White and DuSable agreed to participate in this Malaysian fraud masterminded by Najib and Jho Low, definitely for a fee.
5. Most of the $270 million went elsewhere. But the fact remains that Obama made unheard of visits to Malaysia in 2014 and 2015. There is a clear trail that some of that money went to US Democrat politicians. (In 2001, Mahathir got the Foreign Ministry to pay Jewish lobbyist Jack Abramoff $4 million so that he could go kiss Bush's ass, and become, in his eyes, a (pathetic) hero to UMNO. Part of that $4 million must have ended up as a donation to Bush's campaign funds too).
6. A good hefty part of the $270 million must have ended up in Jho Low's pockets as well as Najib's, no doubt to pay for more of Rosmah's Birkin Bags, diamonds and anti-ageing cream and pills.

So, Najib has fraudulently blown $270 million of 1MDB and Taxpayers' money as if it was loose change. He has interfered in the internal affairs of the USA by donating big money to USA Democrat politicians.

And now, Obama and the Democrats have lost the US General Elections to Trump and the Republicans! What a waste of public funds!

There has never been a more despicable scoundrel, thief, defrauder and looter in Malaysian history than Najib, aided and abetted by his government of thieves and the equally detested IGP Khalid Abu Bakar and Attoney General Apandi Ali! Read 'em and weep the full story by Sarawak Report. CLICK HERE.

We must do everything possible to get rid of this unholy den of thieves quickly. Do not forget that Najib is also implicated in 3 murders - Altantuya, Hussain Najadi and Kevin Morais!

05/11/2016

NAJIB'S $144 BILLION PIE IN CHINA SKY CON JOB MoU!

by Sum Ting Wong, Donplaypuks® intrepid correspondent for China affairs

"AND IF $27 BILLION ECRL CAN BE INFLATED BY NAJIB TO $55 BILLION, THEN YOU CAN SAFELY BET THAT $144 BILLION IS REALLY ONLY WORTH LESS THAN $72 BILLION!"


Crime Minister Najib can no more change his lying and thieving ways than a leopard can change its spots. So too with his just announced $144 billion of con job MoU signed with China in a sudden and dramatic shift of global alliances away from USA and the West.

This is the demagogue who was accused of drawing out a keris and threatening to spill Chinese blood at the TPCA stadium in 1987, and who in 2013, in blatant racist overtones, accused the Chinese of causing a Tsunami in voting for the Opposition and losing him the popular vote at the General Election.




Now he is busy pawning Malaysia's prized land banks, infra projects and defence procurement contracts to China like its going out of fashion, not caring a toss about the damage that will do to to our finances, growth or world standing. But, Najib lost his moral compass way back in 2006 with his involvement in the C4 murder of Altantuya. CLICK HERE for 'Murdered In Malaysia:The Altantuya Story.'

Make no mistake. It was either that or hara kiri for Najib. There is a huge $30 billion hole in 1MDB's balance sheet resulting from the looting of 1MDB by Najib and his thief-in-arms, Low Taek Jho aka Jho Paris Hilton. Together with interest on massive borrowings, 1MDB's debts, much of it falsely classified as investments, stand at $53 billion. The "investments" are represented by worthless "units" or IOU, fake papers created by Jho Paris Hilton through dummy corporations and fake investment holding companies incorporated in off-shore tax shelters fronted by his handsomely paid (with money looted from 1MDB) Mafia.

Genius audit partners at Deloitte & Co were duped into signing clean audit reports for 2013 and 2014, pressured by the fact that Najib's son works there as a partner. Deloitte resigned recently, hoping to avoid global negligence law suits by putting out a disclaimer that their 2013 & 2014 audit reports should no longer be relied upon. But, it's too late. Deloitte can be sued by any investor or bond holder as no audit report can be legally withdrawn after it's been approved via a resolution at a company's AGM and financial statements filed with the Registrar of Companies.

There is another $4 billion of borrowings from KWAP, the government's pension fund for civil servants, that has gone missing from 1MDB. Possibly, a hundred million or so ringgit is accounted for by investments in Mongolian and Indonesian coal-mining ventures. The rest was looted by Najib and Jho Paris Hilton. When threatened with loss of testicles by Malays, Najib, as also Finance Minister, illegally transferred the $4 billion loss to the Ministry of Finance (MoF) where rests the debt to KWAP, guaranteed by the Taxpayer with details classified under the Official Secrets Act (OSA)!

Now we come to the $144 billion of MoU with China. CLICK HERE. Firstly, MoU are a dime a dozen. A few years ago when Najib went to Kazakhstan for his daughter's wedding, he took along with him a planeload of relatives, friends and civil servants, all expenses passed on to the Taxpayer by the biggest cheapskate freeloader (and his wife) in Malaysian history. To make it look real, some 40 or 50 MoU were signed between Malaysia and Kazakhstan. Till today, not one has materialized as a contract or project of any worth!

Secondly, all these projects will result in outflow of money from Malaysia to China. Ultimately, the Malaysian Taxpayer will have to foot the cost. It's not a case of the Chinese actually bringing in FDI's to invest in sustainable long-term businesses in Malaysia. They will be mere contractors. Remember, MALAYSIA has to pay for littoral ships, frigates and their maintenance contracts. That being the case, why are there no open tenders for purchase of ships, arms, weapons etc.?

Of the $144 billion of MoUs, we have the price-tag for only 1 project - the 55 billion East Coast Railway Line (ECRL). There are no figures for the rest.

In July, Sarawak Report leaked out that Najib was planning to fraudulently tag on $30 billion to the 600km ECRL project to plug the $30 billion he stole from 1MDB, thereby increasing the project cost to a staggering unheard of $60 billion or $92 million per kilometer! CLICK HERE. 

By comparison, work is scheduled to begin on the 197 km Gemas-JB double-tracking railway project awarded to China Railway and costing $7.13 billion or $36 million per km!! CLICK HERE. Given the way things are done in Malaysia, you can be sure that even the $7.13 billion price tag has been inflated by a minimum 15%. There may be a few extra tunnels, still, how could ECRL cost 2.6 times more per km than Gemas-JB?

A clueless Works Minister Fadillah Yusof screamed 'foul', saying it had not been discussed at Cabinet level at all. So-called Transport Minister Liow Tiong Lai's views on the contract are conspicuous by their total absence. But, the biggest and worst conscienceless crook in Malaysian history, Najib, has now bypassed every government department and Minister, and signed the MoU with China state-owned company, China Communications Construction Company (CCCC), for $55 billion, without calling for an open tenders. 

The reason is obvious. CCCC has been blacklisted by the World Bank for serial corruption and shoddy works in several countries. CLICK HERE. A leopard can never change its spots. In 2002 Najib as Defence Minister, signed the $8 billion Scorpene Submarines contract with DCNS of France knowing they were involved in corruption and MURDERS in France, Taiwan and Pakistan. In the end, $575 million was siphoned out as "commissions" by Razak Baginda for kickbacks to UMNO, more in marking up the true cost of the submarines, and Altantuya got murdered!

The ECRL project handled personally by Najib stinks of corruption even before a single line has been sketched on the drawing board. More than that:

1. How could ECRL cost $27 billion and the financing, more than 100% at $28 billion?
2. Where are the revenue projections to show how the capital sum of $55 billion and subsequent commissioning, operational and maintenance costs will be paid?
3. What is the break-even cost and years of this project? In the past, the EPU (Economic Plundering Unit) under previous crime ministers, came up with fancy pie-in-the-sky passenger traffic numbers to award sweetheart automatic toll increase and compensation contracts to croney Toll Highway Concessionaires. Similarly, in justifying $30 billion for the double-tracking railway projects, they came up with unheard of increases in passenger and freight load volume projections. Yet, KTMB has turned in nothing but huge losses.
4. Once the ECRL is completed, if ever, then the current Gemas-Kelantan line will lose big money. Has Najib factored this into his business model?

I will give it to you in black and white right now - the ill-conceived and fraudulent $55 billion ECRL, like Perwaja, Proton, MAS, will turn out to one of the biggest money losers in Malaysia's financial history.

Najib has also issued a full commercial bank licence to China Construction Bank, reckoned to be the second largest bank in the world. This surely means that Maybank, CIMB, RHB and Affin, all tier 1 banks, will take a massive whacking in profits and share prices. Has Najib thought that far ahead to what it will do to his racist Bumiputra agenda? How will the Malays react?

As for Melaka development etc., why exactly does Najib need the China parties? If you are going to hand out multi-bilion ringgit real estate projects on plum long-term deferred payment terms, why not do it by open tender to local and/or international developers? Unless of course, fraud and corruption are major considerations! 

Believe me, bird's nest export and research are not going to propel Malaysia into high income nation status anytime soon. And why would China set up a steel plant in Sarawak? Where would the steel be exported to? Malaysia where Perwaja has failed big time? To China where they can produce it cheaper and there is a slow down? Are these MoU for real?

AND IF $27 BILLION ECRL CAN BE INFLATED BY NAJIB TO $55 BILLION, THEN YOU CAN SAFELY BET THAT $144 BILLION IS REALLY ONLY WORTH LESS THAN $72 BILLION!

Remember, all the other MoU too will result in OUTFLOW of money from Malaysia. Where will Najib find the money when our debts have exceeded $800 billion, and has more than doubled under him since 2009?




Jack Ma appointed digital consultant? Don't make me laugh. We had Bill Gates before and where did that get us? It's not Jack Ma who's the problem, it's the Najib mind set. Crooks and thieves around whom (Najib) three murders have revolved have no interest in the PEOPLE or their welfare.

They are doomed to fail spectacularly, not least because Communism and Islam sit uncomfortably side by side!

24/10/2016

NAJIB'S NEXT RAPE OF MALAYSIA AFTER $30 BILLION RAPE OF 1MDB & $30 BILLION RAPE OF PPFI - $55 BILLION EAST COAST RAIL LINE (ECRL) PROJECT!

by choo choo curi, Donplaypuks® intrepid correspondent for rolling stock robbery & corruption affairs





You would have thought that after being caught with his pants down raping 1MDB to the tune of $30 billion, Najib would have stopped. He was helped in Malaysia's largest single act of Kleptomania by his step-son Riza Aziz (which implicates Rosmah), croney Jho Low, Lodin, Shahrol Halmi and Ismee from 1MDB, Serigar Abdullah from the Ministry of Finance (MoF) and Chief Secretary to the Government, Ali Hamsa.

Economic Plundering Unit's (EPU) Nor Mohd Yakcop must have been con-sulted. Sycophants from the ruling party UMNO - Ahmad Mazlan, Shahrir, Azalina, Rahman Dahlan, Syed Keruak and many others - benefited cash-wise from it so handsomely that they dare not expose Najib for fear of self-incrimination in massive corruption.

It was the same brains mistrust of Najib - Ali Hamsa, MoF and EPU - which faked leasing arrangements involving government land to borrow $30 billion from EPF for so-called PPFI projects. Now they dare not reveal what projects this humongous $30 billion was spent on or who the Bumiputra contractors were, citing OSA privilege. Most importantly, the MoF has no idea how it is going to repay EPF the $30 billion other than by rolling the debt over and over again, hoping God will find a solution . Assuming that each contract was worth $10 million, the projects must have gone to 3,0000 Bumiputra contractors; yet the Malaysian Bumiptra Contractors Association knows nothing about it. Into whose pockets exactly did the $30 billion disappear into, Najib, Serigar and Hamsa?



Now Najib has proposed the $55 billion ECRL project which was apparently not discussed by the Cabinet. Works Minister Fadillah Yusof maintained in July that the cost was $30 billion and disputed a Sarawak Report expose that Najib planned to illegally and criminally inflate the cost by another $30 billion to $60 billion to plug the huge $30 billion hole he created in 1MDB's balance sheet. CLICK HERE AND HERE.

However, Najib's 2017 Budget speech three days ago proved Fadillah a liar. He confirmed that project albeit now re-costed at $55 billion. We can now see why Fadillah was so keen to play down Sarawak Report 's damning post on pre-planned corruption. His brother, Sarawakian Bustari Yusof, is a huge beneficiary of the $30 billion Pan Borneo Highway designated for Sarawak and Sabah. CLICK HERE.

Padding government procurement contracts is nothing new and has been perfected by none other than Najib himself. The 2002 Scorpene Submarines contract signed by Najib jumped from $4 billion to $8 billion and got Altantuya killed. Similarly, government purchases of fighter planes and armoured patrol vehicles and many others.

In 2008, the government also undertook the Double Tracking Railway Project (DTRP) costing $25-30 billion. The line stretched from Padang Besar in Perlis at the extreme north to Johor Baru in the extreme south. There was much thievery in this, as the project originally started in 2001 with Mahathir budgetting $45 billion, reduced to $18 billion finally. Then, India Raiways was elbowed out by Badawi in favour of China CREC (China Railway Engineering Corporation). We can easily assume that at least 10% or $2.5 billion was given as kickbacks to prime ministers, top politicians and the ruling party.

Now we have the ECRL coming in at $55 billion so far, and awarded without open tender to a China state-owned company, China Communications Construction Company (CCCC). Najib has been busy flogging 1MDB's crown jewels to several China companies - 100% of IPP company EDRA for $16 billion including debt (book loss $2 billion) and 60% interest in the Sungei Besi or Bandar Malaysia Land development project for $7.5 billion.


China companies are also major investors in Iskandar land in Johor. A few years ago, the Sultan of Johor disposed $4 billion of land also to China parties. For a man who in clear racist tones blamed the Chinese for the 'Tsumani' that saw Najib and UMNO/BN lose the popular vote at the 2013 General Election, this is surely perverse masochism. But, Najib is desperate. He is being accused world-wide of heading a Kleptocratic regime by robbing and raping 1MDB to the tune of $30 billion, at least.

Najib's answer to it all is not to apologise, resign honourably and go to jail. He proposes to counter Kleptocracy charges by committing even more brazen acts of robbery and corruption. The facts of the $55 billion ECRL project are simple. At $55 billion, the 600 km ECRL will be the most expensive railway line in the world at $92 million per kilometer. Even at $25 billion, the project will not break even in a hundred years. That is so too with the earlier DTRP. And why tunnel through hills and mountains at stratospheric cost when the old Gemas-KB line is already there to be upgraded?

Looking at the last available 2012 audited accounts of our national railway company KTMB, it made a loss of $300 million on a turnover of $455 million. Even if turnover has doubled in the last 3 years, it is unlikely that KTMB made an acceptable profit after tax or Return On Investment (ROI).

In justifying these white elephant projects, the EPU will usually come out with very fanciful pie-in-the sky projections. That somehow passenger and freight volumes will increase ten or hundred fold to justify the huge expenditure. Of course, Najib will classify all the dream projections under OSA and tell the citizens that it is in their interest not to know details of $55 billion of the public's money!

Simple maths tells us that for a $55 billion project, the annual interest cost alone will be, say at 3%, $1.65 billion per year. Can the rail link from KL to Kota Bahru generate this amount of money to cover interest alone, when that for the DTRP does not? What about the operating and annual costs? And what about repayment of the $55 billion loan capital. Where is the money for that coming from?

The simple and shocking truth is that the lowest of the low and most shameless serial liar, fraudster and criminal in Malaysian history does not care. Najib is proposing to solve one massive crime at 1MDB with another massive crime at KTMB, and passing the buck to the grandchildren of our grandchildren. Robbing Peter to pay Paul.



But, the reality too is that Malaysia may go bankrupt soon with this kind of blatant robbery by Najib, and it is we who will end up having to pay the price. How can the Malays and UMNO stand by idly and just let it happen, more so when Asia Sentinel says three murders have revolved around Najib as well - Altantuya, Hussain Najadi and Kevin Morais?

In the end, Najib's fraudulent sell out to China will constitute high treason for which hanging would be the only appropriate punishment!