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.


28/02/2017

KIDNAPPED PASTOR RAYMOND'S SON FEARS FATHER DEAD, CRIES FOR ACTION & JUSTICE, MY HEART BLEEDS! WHAT GAMES ARE THE IGP & NAJIB GOVT PLAYING?


There are times you want to keep out of domestic religious controversies, given that many in Malaysia are possessed of a siege mentality where Islam is concerned. However, what happened recently is so dangerous and outrageous that no one should keep quiet and allow the rottenness to fester further.

Especially not, when PM Najib, Deputy PM & Home Minister Ahmad Zahid Hamidi and the BN Cabinet continue to wine and dine the dangerous Zakir Naik who is wanted in India for radicalising Muslim youth, making hate speech and suspected of being involved in terrorist activities. Zakir, who was also banned in UK, Canada and Bangladesh, has apparently been granted PR in Malaysia. In India, he is being investigated too for massive accounting fraud and money-laundering.

Najib and his government of thieves do not seem to have learnt anything from Malaysia granting 17 years of shelter to Indonesian Abu Bakar Bashir who was convicted of terrorism in 2005 and was responsible for many an innocent death, especially 14 in the 2002 Bali bombing. Or, from the fact that Malaysia has seen a few thousand radicalised Malay-Muslims go fight on the side of the Taliban ans ISIS, and  produced some of the top terrorist bomb-makers like Azahari!  

On Monday 13th February 2017, Pastor Raymong Koh, 62, was kidnapped from his silver Honda Civic ST 5515 D, in broad daylight in Kelana Jaya, Petaling Jaya, Selangor between 10.31:42 and 10.32:39 a.m. At least five men in ski-masks were involved in the kidnapping. Later that day, the pastor's family handed over to the police CCTV camera footage which showed:

1. The involvement of 7 vehicles in the abduction, including several SUVs, a Toyota Alphard and two motorcycles.
2. The military-like precision with which the kidnapping was executed.
3. With chilling coolness, the kidnappers getting down from their vehicles to direct traffic as they made their escape!

In 2011, JAIS (Jabatan Agama Islam Selangor or the Selangor Islamic Religious Department) raided, without search warrants, a church thanksgiving and fund-raising dinner at the DUMC (Damansara Utama Methodist Church), alleging Muslims were being converted to Christianity. JAIS was subsequently unable to produce a shred of evidence to substantiate their Draconian action against Pastor Raymond's NGO, Harapan Komunity which had organised the event. CLICK HERE.

Following Pastor Raymond's abduction, there has been considerable speculation in social media, twitter, online news portals and blogs that the kidnapping was in retaliation for the humiliation JAIS suffered from the 2011 raid, a disaster of their own making. Then, former Selangor Exco-member Hasan Ali had raised the temperature with his ill-advised rhetoric and false claims.


What is even more incredible is that the Inspector General of Police, Khalid Abu Bakar (IGP), finally got around to announcing a 'Task Force' to look into the kidnapping, only some 10 days AFTER the police had in their possession what must, by all accounts of STAR journalists, be a clear recording of the event!

So, it's clear the IGP is playing games. It would take no more than one hour for the police to identify the owners of the kidnappers' vehicles. Yet, till today, there has not been a peep from the IGP or the authorities. More startlingly, there has been no statement on this heinous crime from Home & Deputy Prime Minister Ahmad Zahid Hamidi, PM Najib or a single UMNO/BN Minister!

Such apparent inaction and blackout by the authorities and government, suggests, at best, a cover-up; at worst a conspiracy by rogue JAIS officers and fundamental extremists. The fact that the kidnappers have yet to contact the pastor's family or demand any ransom suggests very dark motives and that the worse fate may have befallen the pastor. 

Pastor Raymond's son has voiced out out that he suspects his father was abducted to be killed. Does that not bring a lump to your throat? Who can read it without shedding tears? CLICK HERE.

What we are witnessing is an IGP unwilling to act, and participating in a blatant cover-up to somehow prevent the global condemnation that is bound to follow when the truth emerges. Given the assassination at KLIA, on 13th February too, of N.Korean Kim Jong-nam, this kidnapping could not have occurred at a worse time for PM Najib and UMNO/BN, with the General Election looming on the horizon.

Remember too that Asia Sentinel (AS) has printed in black & white that 3 murders - Altantuya, Hussain Najadi and Kevin Morais - revolve around Najib. CLICK HERE. Najib's reputation and image have been battered internationally. Exposes by WSJ, Sarawak Report and AS have proven him a serial liar who is mainly responsible for the RM42 billion fraud at 100% state-owned 1MDB. Much of the looted money has ended up in Najib and Rosmah's own back-pockets!

We are witnessing a dangerous totalitarian, Hitler/Stalin/Mao regime in its death throes. That is why the IGP is unable to see clear his duties to the citizens. Instead he is acting to protect thieves, looters, defrauders, con men, kidnappers and murderers out of a false notion of what Islam is. This is the same IGP who first snubbed a High Court order, then when ordered by the Federal Court, still stubbornly refuses to arrest poor Indira Gandhi's Indian husband, Muhammad Riduan Abdullah aka K.Pathmanathan, who kidnapped their children and converted them illegally to Islam! So, we know the type of paralysis that grips the IGP's mind!

When all is said and done, and when the government of the day which the Citizens consented and empowered to rule refuses to do what is right, everyone of us who has a conscience, must act or be prepared to lose everything - house, home, family, children, wealth, status, welfare, law, order, honour, integrity, FREEDOM and LIFE!

Do not just read this blog post and walk away shrugging your shoulders and saying that nothing can be done. Call, email, sms, tweet, do whatever it takes to contact your State Assemblyman/ADUN or MP  and get them to petition the IGP, Home Minister, Najib and government for action and answers.

We must bring to book all those responsible for Pastor Raymond's fate as soon as possible. Collectively, we can crush this government of serial liars, thieves, thugs, fascist Gestapo Nazis, defrauders, looters, plunderers and murderers!

JUST DO IT! Link to full details of the kidnapping from day 1. CLICK HERE.

26/02/2017

CHINAFICATION COLONIZATION OF MALAYSIA TO COVER UP NAJIB'S 1MDB $42 BILLLION FRAUD!

by  CLICK HERE. For Sri Lanka's Chinacation problems CLICK HERE.



In an effort to blunt growing concerns over China’s increasing footprint in Malaysia, an argument is being made that China is no different from any other country and should therefore be viewed and treated no differently.
Those who make this argument insist that there is no difference, for example, between investments from China and investments from other countries. They also wonder out loud why there are no corresponding concerns about sovereignty and related issues when other nations invest in Malaysia or when other foreigners take up residence under the Malaysia My Second Home programme (MM2H).
Is China no different from any other country?
Whatever the merits or otherwise of closer economic and political ties with China, one thing is clear enough: by almost any reckoning China is unlike any other country we deal with. Indeed, China poses a unique set of challenges that sets it apart from other countries.
The big-power reality
In the first place, China is the region’s predominant power.
History teaches us that big powers invariably seek to establish spheres of influence and exert hegemonic control over their neighbours.
Both the United States and the former Soviet Union did so in Latin America and Eastern Europe respectively. Supportive governments were maintained; recalcitrant ones were replaced. As well, a framework of political, economic and military ties was constructed to bind the respective regions to the local hegemon.
All China’s economic, diplomatic and military interactions thus far suggest that China is following a similar pattern vis-à-vis Southeast Asia.
The One Belt, One Road (OBOR) strategy, for example, is not simply a regional development strategy; it is primarily a geopolitical construct designed to help China secure a dominant position in the region, binding Southeast Asia to itself in a web of economic and other ties. Once fully in place, countries like Malaysia will be inextricably and inexorably jointed at the hip to China.
China’s moves to neutralize ASEAN’s ability to act independently of China, its heavy-handed response to the Philippines over the Hague ruling, its aggressive intrusions into disputed waters, its growing influence in the domestic affairs of its neighbours, its steady military build-up in the South China Sea, etc., also suggest the pursuit of a wider regional agenda typical of big powers.
Tun Razak himself, the architect of our relations with China, recognized these dangers and went to extraordinary lengths to help construct a framework – ASEAN, the Zone of Peace, Freedom and Neutrality, the Southeast Asia Nuclear Free Zone, the Five Power Defence Arrangement, and a loose defence arrangement with the United States – to mitigate whatever ambitions China might have.
Even the inclusion of Vietnam, Cambodia, Laos and Myanmar in ASEAN was predicated upon a similar calculus.
It was a sensible, common sense approach given China’s proximity, power and ambitions.
Non-interference
China also poses unique challenges to the integrity of our domestic political process.
Recognizing the potential for interference in our domestic affairs, and the dangers to both national security and national unity, Tun Razak also insisted on strict respect for the principle of non-interference and put in place what was in effect an internal firewall to keep China out of our domestic affairs.
In order to curry favour with China and keep open the spigot of investments, loans and deals, the firewall has now been progressively compromised with predictable consequences.
Despite its oft-repeated commitment to the principle of non-interference, the Chinese embassy increasingly thinks nothing of warning opposition leaders who question the direction of Malaysia-China relations or favouring certain political parties by its high-profile attendance at conferences and political events. It is even attempting to position itself as one of the principal interlocutors of the Malaysian Chinese community.
There are also indications that it may be co-opting local groups to do its bidding in classic united front fashion.
2016-2-28-minghui-falun-gong-malaysia-01
Just last week, for example, a local trade association lodged a police report against a planned march by the Falun Xiulian Dafa Association, a legally registered body in Malaysia which Beijing violently opposes.

Interestingly, among the reasons given was that Falun Gong is banned in China and that the march might adversely affect Malaysia-China relations. All local Chinese associations were also urged to unite against the planned Falun Gong march and lodge police reports against them.
Even some of our political parties are now behaving more like extensions of the PRC embassy – setting up PRC affairs committees and OBOR centres – than as Malaysian political parties.
Needless to say, the more China has to lose, the more it will be tempted to involve itself in domestic affairs.
Indeed, the recent embassy statement that it would “not allow anyone to jeopardize… bilateral cooperation” can be taken as a warning that it will intervene where necessary to protect its interests. Furthermore, the billions of ringgit in infrastructure projects, business and trade deals that China brings to the table gives it unparalleled domestic leverage to influence and affect outcomes.
The ethnic factor and large-scale development projects 
forestcitycountrygarden-com-my-first-phase-perspective-24-960
There is also no point pretending that ethnicity as well as the potential numbers involved have no bearing on large-scale development projects like Forest City and Bandar Malaysia now being built by China-based companies and marketed almost exclusively to PRC nationals.
Given China’s population size, everything about China is huge – 10,000 students now studying in Malaysia, 4 million tourists expected this year. It is therefore not inconceivable that we’ll soon be playing host to hundreds of thousands of PRC residents when these cities are completed.
By contrast, between 2002 and mid-2016, only 30,194 foreign nationals from a number of different countries were approved to reside in Malaysia (MM2H official portal) and they were spread out across the country.
What are the national security implications of having large PRC enclaves in Malaysia? How far will China go to protect the investments, interests and security of its nationals in Malaysia?
Furthermore, will large concentrations of PRC nationals be accepted by the UMNO-PAS base itself given that Malaysia’s own ethnic Chinese have been consistently demonized and cast as an existential threat to Malay power, religion and culture? Will there be a pushback sooner or later? How will it affect Malaysia’s already frayed ethnic relations?
And how would our dysfunctional immigration system manage the influx of hundreds of thousands of additional temporary residents when it has done such an abysmal job of controlling our borders thus far?
While those with vested interests tend to play down these issues, the concerns are real enough.
If projects like Forest City are truly in the national interests, the authorities should lay before the nation the facts of the matter – what are the benefits, how many PRC nationals are expected to reside in these developments, what their status would be, what steps would be taken to ensure these development projects are fully integrated into local society, whether all relevant laws and regulations would be complied with – and build at least a general consensus to avoid adverse reactions later on.
PRC business culture
China also stands apart by the business practices of its corporations and their adherence to state policies that prioritise China’s economic and strategic interests.
Many of the big PRC infrastructure and township development projects, for example, invariably include design, procurement, construction and management services. Almost everything involved – technology, equipment, construction materials, even manpower – is sourced from China and benefit China-based corporations and workers. Even the working language at construction sites is Mandarin.
How do such business practices benefit the local economy? Will local companies be marginalized? How many and what kinds of jobs are really being created for Malaysians? Do these projects truly benefit the nation or just a few well-connected cronies? Are powerful Chinese corporations exempt from rules and regulations concerning transfer of technology, employment of locals, local sourcing of materials, etc., that were standard for other foreign companies?
It is instructive that African countries which were the beneficiaries of large Chinese projects are now complaining about some of these issues.
And then there is the issue of corruption.
Transparency International’s 2011 Bribe Payer Index ranks Chinese companies second out of a list of 28 countries in terms of their willingness to pay bribes. Malaysia, for its part, is now one of the most corrupt countries in the world. When two corrupt systems interact on projects that are worth billions, can there be any doubt that billions will be diverted into private coffers or used to further subvert what’s left of our democracy?
FDI or soft loans? 
It should also be noted that many of the big Chinese projects like the East Coast Railway are actually being financed through soft loans rather then foreign direct investments. Given the massive amounts involved – all coming from a single country, much of it from the state itself – the government of China could soon emerge as one of our largest creditors.
In countries like Pakistan and Sri Lanka, indebtedness to China has brought with it ruinous consequences – pressure to sell local stakes in Chinese-financed projects, 99-year leases on ports and other high-value assets, special market access and rights to additional projects on preferential terms. Some would argue that there is, in fact, a pattern of predatory lending where debt is used to ensnare small countries.
It ought to be of concern to those countries borrowing heavily from China.
Critical infrastructure
port-klang
China is unique as well in its strategic focus on critical sectors of the economy. No other country, for example, is simultaneously involved in as many port projects in Malaysia – Kuala Kedah Port, Penang Port, Port Klang (Carey Island), Kuala Linggi Port, Malacca Port, Kuantan Port, Samalaju Port – and in almost every single new railway project in the country.
By contrast, other major investments and contracts involved a number of different private non-state corporations from different countries spread out over a number of different sectors.
What are the national security implications of allowing a single country, particularly one with geopolitical ambitions, to dominate our transportation infrastructure?
Interestingly, other countries are far more cautious when it comes to foreign corporations acquiring control of critical infrastructure. Australia, for example, has just set up a ‘Critical Infrastructure Centre’ to oversee key assets and assess whether foreign-led bids for key assets including power grids and ports pose any national security risks.
South China Sea
china-l-reu-2
And finally, China is also the only country in the region that is aggressively challenging Malaysia’s sovereignty and territorial integrity. Chinese naval and coastguard units regularly and persistently intrude into our waters and harass our fishermen in pursuit of their claims to reefs, shoals and islands in the South China Sea that belong to Malaysia.
Whether we care to admit it or not, we have a growing national security crisis in the South China Sea on our hands and no coherent strategy in place to deal with it. While no one wants to see the issue escalate, it does not help that we look to the very country that challenges our sovereignty to defend it or cosy up to the very navy that intrudes into our waters and harasses our fishermen.
Too important to treat as just any other nation
For all these reasons, China is unlike any other nation we are engaged with.
While China is too big, too important to ignore or treat with hostility, it is also too important not to be managed with prudence and realism or pursued without adequate strategic focus.
We must not be so mesmerized by the opportunities that we overlook the dangers, so narrowly focused on tantalizing projects and lucrative deals that we miss the wood for the trees, so intent on private agendas and personal gain that we lose sight of national interests.
China is different, very different, from all the other countries we are engaged with; to pretend otherwise would be both foolish and naïve.

23/01/2017

1MDB 2014 AUDITED ACCOUNTS WINDOW DRESSING. RM51 BILLION IN ASSETS? IN YOUR DREAMS NAJIB!

When 1MDB's 2014 Group audited accounts were delayed and only released in November 2014, the results were shocking! A profit after tax of RM778 million in 2013 had nosedived to a loss of RM665 million!

The profit of RM778 million in 2013 had in fact been deliberately inflated by paper gains of RM2.7 billion arising from revaluing development land. Without that artificial paper gain and other paper losses, 1MDB actually, operationally, lost about RM349 million!

The LOSS of RM665 million in 2014 had also been deliberately inflated by paper gains of RM897 million, again arising from revaluing development land. Without that artificial paper gain and other paper losses, 1MDB actually, operationally, lost about RM976 million!

As a Group, 1MDB had actually lost staggering hundreds of millions of ringgit every year from 2011-2014:

2014 (976) million loss
2013 (349) million loss
2012 (525) million loss
2011 (282) million loss

Not surprising then, that it was from 2011 that 1MDB's top executives started to add in huge paper gains on land to mask real operating cash losses.

Below is the 5-year Profit & Loss Account from 2010 - 2014 excluding paper gains:


Given also that by 2014, it had borrowed some RM42 billion and incurred further other derivative debts of RM4.11 billion, the interest cost had risen to RM2.4 billion, with insufficient cash to service loan interest or build up reserves for loan capital repayments. Goldman Sachs alone had netted some  unheard of 11% commission and fees on US$6.5 billion in loans it had raised for 1MDB. Some of the interest rates 1MDB had agreed to defies belief when compared to the market.

If we exclude the results of IPP companies from above P&L, the Holding Company's (HC) financial results would be far worse. Do remember that by consolidating the P&L of IPP subsidiaries (as required by company law), the HC's results look impressive. But in reality, unless the IPPs pay enough cash dividends regularly, the HC will have little cash flow to service the $42 billion of loans!!!


Significantly though, as has now been confirmed by the USA Department of Justice (DoJ) Report and Affidavit on kleptocracy by Najib, Rosmah, Jho Low and top 1MDB executives, massive fraud and false accounting had taken place at 1MDB. Amounts classified as 'Investments Available for Sale' and 'Deposits' in 1MDB's balance sheet were backed by worthless "Units" and valuations and confirmations by dubious "fund managers" linked to Jho Low.

When the 2014 accounts were released and DAP's Tony Pua lambasted 1MDB's poor performance and management, its Chairman of Board Advisors, Finance Minister and Prime Minister Najib boasted that 1MDB had RM51 billion in assets. Yes, RM51 billion if you inflate the figures with paper gains and huge amounts of goodwill - some RM7.5 billion at cost - that should have been written off.

What these almost $7.5 billion of goodwill in the books of the IPPs represents is a mystery to me, especially since you can't write a cheque and cash it. 

The balance sheet above is shown in a simplified form to give us a very clear picture of the real financial position of 1MDB. The RM32 billion deficit is more realistic, given that from April 2014 to mid-2016, 1MDB was unable to service interest or loan capital repayment without bail out loans from the MoF, local banks/GLCs and Arab "partners". 1MDB also claimed that it had paid US$6.5 billion to IPIC and its subsidiaries. However, this is now a confirmed fraud, with the money diverted to parties linked to Jho Low and Najib. At current US$ exchange that is an additional RM28 billion.

That brings 1MDBs loan debts to about an astonishing $84 billion currently - a disaster of Titanic proportions by any reckoning, as follows:

Loan Debts above - RM46 billion
Exchange Rate Loss - RM10 billion
IPIC debt - RM28 billion

Total - RM84 billion

Little wonder then that Najib is busy selling off 1MDB's prized land gifted to it at below market value.

60% of Bandar Malaysia has been sold to a China consortium in 2016. The IPPs too were flogged off to another China state company for RM9.83 billion, resulting in a RM2 billion loss. What happened to Najib's original explanation for buying the IPPs at inflated valuation - that we need to be in control of our energy banks?

What is curious though is that 1MDB CEO Arul Kanda had said in 2015 that 1MDB had utilised RM18 billion cash to acquire the IPPs. CLICK HERE. However, the 2013/2014 audited accounts show that 1MDB only paid RM12 billion for the IPPs. What happened to the balance of RM6 billion? CLICK HERE for the 2014 audited accounts. As the RM6 billion loans were "inherited" from the IPPs, there was no cashflow out. So, why would 1MDB have paid RM6 billion to any bank or entity or person?

The whole world now knows that Najib is desperate to cover up the huge hole in 1MDB's balance sheet caused by his own greed, utter incompetence and thieving and looting mentality. Sarawak Report had exposed as far back as July 2016 that he was planning to inflate the cost of the East Coast Railway Link project by RM30 billion. China once again seems to be coming to bail him out.

What else will Najib flog to China to save his skin, and at what cost to the sovereignty and finances of the nation?

NB: All figures quoted here were derived from 1MDB's audited accounts for 2010-2014. The figures have been re-arranged so as to show the true profit/loss and balance sheet positions without cosmetics and window dressing. The respective auditors were:

2013 & 2014 - Deloitte
2010 - 2011 - KPMG

It is relevant to note that Deloitte gave clean audit reports for 2013 and 2014. In 2016 however, in the wake of the USA DoJ action on kleptocracy at 1MDB by mainly Najib, Deloitte issued a startling statement that their 2013 and 2014 reports could not be replied upon, and subsequently resigned. Under no circumstances can audit reports accepted and approved by shareholders, be withdrawn by the auditors unless fraud is proven, on which Deloitte has been absolutely silent. A lawsuit has yet to be filed by anyone against Deloitte for professional negligence!

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.