TABUNG HAJI'S SHOCKING RM10 BILLION EARLY CHRISTMAS GIFT FROM MAHATHIR AND AZMIN!

by E.S. Shankar, Donplaypuks® intrepid correspondent for Santa Claus and early Xmas

I had already expressed my anger and concern over what was and still is perceived, an unnecessary Taxpayer funded bailout of Tabung Haji (TH - Muslim Pilgrims' Fund)) December 2018, to the tune of RM20 billion, by Mahathir (Bersatu) and new Economic Affairs Minister, Azmin Ali (iffy PKR). CLICK HERE. 

Of course, it needed the collusion of Finance Minister Lim Guan Eng (DAP) and his special aide "advisor" MP Tony Pua (DAP) at the Ministry of Finance (MoF) to raise  RM20 billion via NEW DEBT bonds. Plus, the silence of Anwar Ibrahim (PKR Head), Lim Kit Siang (DAP Founder), Mat Sabu (Amanah) and their MPs in (the wooden IKEA) Cabinet, for the bailout to proceed.

In simple words, TH had been cooking the books for many years under ex-PM Bijan and his government of thieves and paying over-the-top high dividends, despite its negative Group reserves. 

As I suspected, the devil is in the details. On 15 November, MoF cunningly announced that "Putrajaya" would be bearing (at least) RM10 billion of TH's losses. CLICK HERE.

In Malay, we call this 'durian runtuh' (windfall), or in English, Christmas come early!

Of course, the reality is that Ahmad, Ah Chong and Muthu would be bearing this stupendous loss, even though Ah Chong and Muthu NEVER received a single cent in cash or kind benefit from TH since its inception in 1963! So, the deception is complete. Billions of ringgit in profits and cash have been monopolised, while at least RM10 billion of TH losses will be socialised! Who will bear the interest on RM10 billion @ say 3% per annum = RM300 million for 7 years = RM2.1 billion? Mahathir and Azmin?

More than that, there have been allegations of massive fraud, looting and plundering at TH. Yet, to-date no one's been prosecuted for that. No legal action appears to have been taken against TH's then Chairman, CEO, Board of Directors and senior managers for alleged fraud, negligence, breach of fiduciary duty, etc. While the good die poor and young, the thieves ride off into the sunset with bagloads of moola?

Which brings us to the crux of the matter. The 18-month old Pakatan Harapan (PH) government is using the same pathetic bogeyman excuses as UMNO/BN, to basically bailout non-government Muslim/Malay funds and enterprises gone bust, with Taxpayers' money, i.e.:

1. The "natives" are getting restless.

2. The Malays/Muslims in the "heartland" will run amok.

3. Please don't "provoke" another May13.

4. No one must question the (non-existent) 1957 "social contract".

5. Islam is the religion of the Federation.

With Chief Ketuanist Mahathir there as PM again, one could expect nothing less. But, we are entitled to ask how those from DAP and PKR who hold more than 2/3 majority in PH, are representing us in Cabinet and government.

Where exactly is the pre-GE14 roar of Guan Eng, Tony Pua, Teresa Kok, Anwar Ibrahim, Nurul Izzah, Sivarasa, Tian Chua and the like? Where happened to the champions of  Pgcat , Selcat and the alleycats (competency, accountability and transparency)?

What happens at Cabinet meetings when Mahathir and Azmin propose such outrageous misuse of public funds? Do they all turn around, drop their pants and ask them 'Do you want dessert as well?'  'Singh is King' is being laughed at privately as "Bendover Singh", such is the disillusionment with DAP and PKR.

Mahathir and Guan Eng daily complain that they have inherited from Najib's profligacy, a debilitating RM686 billion actual national debt plus contingent liabilities and guarantees, resulting in a mind boggling potential exposure exceeding RM1 Trillion. Yet, without blinking an eye, they are prepared to increase national DEBT by RM20 billion?

RM20 billion can easily solve the financial woes of all the poor fishermen in Malaysia forever. We can build any number of new hospitals and schools to improve healthcare and education positively beyond recognition to reclaim the positions we had in international rankings 30 years ago.

But, the audacity and mindlessness of Mahathir and Azmin, coupled with the unbelievable silence of PKR, DAP and Amanah is out of this world. April 2019, Azmin announced a RM6 billion rescue plan for Felda, yet again with Taxpayers' funds!!!??? CLICK HERE.

Why could not a bailout at current market value be organised by a consortium of funds like RM800 billion Employees Provident Fund (EPF) billion, RM300 billion Permodalan Nasional Bhd (PNB), RM150 billion Khazanah etc? Why should TH's burden be shifted  upon the shoulders of Ah Chong and Muthu as well, when there are viable alternatives?

Why should TH investors not take a haircut, especially the 1.3% (117,000) depositors who have been raking in super dividends for the last 20 years or that single RM190 million depositor? CLICK HERE.

So, it looks like Mahathir and Azmin are being just bloody-minded and taunting us. 

This is exactly why those who voted for PH must re-group and re-strategise. We MUST lay down the law to Mahathir, Azmin and PH, make it crystal clear that if they don't perform and reform as promised, we will shift our votes to the best alternative, come GE15.

AND, if we do the right thing everytime and lose GE 15, so be it. Our self-respect, dignity and integrity are far, far more important than bending over for Mahathir or Azmin, any Ketuanist or PH lion turned mouse.

As Shakespeare wrote more than 400 years ago "Once more unto the breach, dear friends, once more... or close up the wall with our...dead...then imitate the action of the tiger...". Henry V.

PTPTN and Felda (LKTP) 2017 Audited Accounts for download

by E.S. Shankar

Here are the links for downloading the audited accounts which seems to be so carefully hidden even by PH government and incredibly, not published at PTPTN and Felda (LKTP) websites:

1. PTPTN - http://www.parlimen.gov.my/ipms/eps/2018-11-22/ST.102.2018%20-%20ST%20102.pdf

2. Felda (LKTP) - http://www.parlimen.gov.my/ipms/eps/2019-04-09/ST.95.2019%20-%2095.2019.pdf

Download and be sure to open as pdf document using adobe acrobat.

PRIME MINISTER MAHATHIR RUBBISHES/UNDERMINES GOVERNMENT’S OWN HUMAN RIGHTS COMMISSION SUHAKAM (established by an act of Parliament in 1999) IN FAVOUR OF ABDUCTORS!

by e.s.shankar

On 3 April 2019, PM Mahathir, deliberately and shockingly, without an iota of shame, dismissed as “hearsay”, Suhakam’s considered verdict that the abductions of activist Amri in Nov 2016 and Pastor Raymond Koh in Feb 2017 constituted acts of “Enforced Disappearances” by the Special Branch (SB) of the Royal Malaysian Police. CLICK HERE.

Enforced Disappearance is defined by the UN adopted International Convention for the Protection of All Persons from Enforced Disappearance (ICPPED) as:

Arrest, detention, abduction or any other form of deprivation of liberty by agents of the State or by persons or groups acting with the authorization, support or acquiescence of the State.

I do not know if Mahathir is aware that there are two other missing persons, Malay Muslim convert Pastor Joshua Hilmi and his wife Ruth Sitepu, whose disappearance in Nov 2016, without a shadow of a doubt, falls in the same category of “enforced disappearance” as Amri and Koh. Joshua Hilmi was arrested under the Internal Security Act 1960 in 1987 by Mahathir’s orders and released a few years later. CLICK HERE. Most likely, all 4 are dead, tortured and ruthlessly murdered in cold blood, given there have been no demands whatsoever to-date for money or anything else by their abductors.

That Mahathir was the first to spring to THE SB’s defence is no more than a continuation of 38 years of Ketuanism (Malay Supremacism) and its second tenet that the Malay Muslim face must be saved at any cost. Its first tenet is that the Malay Muslim can do no wrong. As soon as Suhakam’s report was released on the morning of 3 April 2019, there was a twitter barrage demanding explanations from ex-Inspector General of Police (IGP) Khalid Abu Bakar, during whose tenure these abductions took place and current IGP Fuzi Harun, who was the SB Director then.

For a while there was no response from either. But later that afternoon, Khalid latched on to Mahathir’s lifeline and pleaded “hearsay”! Three days later Fuzi responded by saying he was disappointed with Suhakam releasing its report as it amounted to “punishing the police”. CLICK HERE. He did not specifically deny the SB’s involvement but added that the police would "take appropriate action", which begs the question as to what exactly they have been doing for the past two years. Fuzi seemed to be hinting that the report should have been suppressed so that a total cover-up could be instituted by the police.

It was apparent to anyone following Suhakam’s hearing that some members of the RMP were doing their level best to be evasive, obstructive and sabotaged Suhakam. The hearing was brought to a halt on Jan 2018 when police planted evidence and framed cock-eyed charges against a purported abductor, a taxi driver. Had UMNO/BN not lost the 2018 General Election, it is a certainty that the Suhakam hearing would have never resumed.

Mahathir’s despicable “hearsay” pronouncement is an act of treachery, given that among the top reasons Pakatan Harapan was voted into power was its promise of justice for murdered and C4’d Altantuya, the Teoh Beng Hock-MACC “suicide” and these “abduction” cases. Beyond that, his undermining of Suhakam Head, Mah Weng Kai, is diabolical and an act of cutting one’s nose to spite one’s face. Mah, a top and highly respected private practice lawyer of 25 years standing, was also a former Bar Council President and a retired Court of Appeal judge. Do people like him blindly or incompetently point the finger at our shadowy SB?

But, you know what is the really low point of this entire episode so far? We have not heard a peep from the Royals, Anwar Ibrahim, Wan Azizah, Nurul Izzah, Muhyiddin, Lim Kit Siang, Lim Guan Eng, Antony Loke, M.Kula, Gobind Singh, Teresa Kok, Hannah Yeoh, Teo Nie Ching, Shafie Apdal, Mat Sabu, Dzulkefli Ahmad, Khalid Samad or any other Minister or MP? Where is Wong Tack who in 2013 famously inspired us with his incendiary 'Let's burn Lynas down'? The sole exception is DAP's Klang MP Charles Santiago who bravely demanded IGP Fuzi be investigated. The rest seemed to have suddenly lost their testicles. 

Why this open spineless display? Because being in power, like possession, seems to be 9/10 (nine tenths) of the law. Principles, ethics, morals, integrity and honour have all been thrown out the nearest window by PPBM, DAP, PKR, Amanah and Warisan, on the altar of power and money. Yes, we all fought long and hard and voted for PH to unseat one of the most evil governments (Najib/UMNO/BN) of the 21^st century. But that does not mean DAP and PKR in particular, must kow-tow wholesale to Mahathir and PPBM, the minority party within the PH coalition.

If push comes to shove, they should challenge Mahathir publicly on what he really wants – UMNO 3, continuation of Ketuanism and highway robbery affirmative action policies or to lay the foundation for a lasting united progressive and prosperous nation. Note that when the newly minted Economic Affairs Minister Azmin Ali talked about re-structuring, he blurted out that he was working on a New Malay Economic Policy. Finally, they have stopped being hypocritical and dropped the ‘Bumiputra’ rubbish under which the Umnoptras from West Malaysia conned native Malaysians, Sabahans and Sarawakians!

This is as pathetic, disgraceful, cowardly and shameful as it can get! Abductors, murderers, rogue police and SB officers and religious extremists must be brought to heel. The government must get to the bottom of what the Mufti of Perlis knows. Would Mahathir have so nonchalantly said he would look into the abductions AFTER IGP Fuzi retires in May if it were his son or daughter who had been abducted?

We must once again stand up and fight for what’s right. It’s OUR Malaysia and we must take it back from the Mahathirs, Ketuanists and other extremists once and for all. Hesitate and the Talibans and death squads and stoning squads will form the next government of Malaysia in 2023! BE WARNED!

NB Suhakam Reports on the enforced disappearances of Raymond Koh and Amri: CLICK HERE.