DOCSLIB.ORG

Billions in Capital Expenditure at Stake

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Billions in Capital Expenditure at Stake Headline Billions in capital expenditure at stake MediaTitle The Star Date 18 Apr 2020 Language English Circulation 175,986 Readership 527,958 Section Star BizWeek Page No 11 ArticleSize 495 cm² Journalist M.SHANMUGAM PR Value RM 75,022 Key government-linked entities and their capital spending Billions in capital Petronas The biggest driver of the domestic oil and gas industry with its spending of an average of RM25bil per annum. The national oil expenditure at stake and gas company was thrust into controversy when Tun Zaki Azmi was appointed to the board when he was still the legal By M.SHANMUGAM adviser to Umno. Zaki resigned in 2007 when he was made In 2009, the appointment of Datuk Chief Justice. In 2009, Datuk Omar Mustapha Ong, who used to be former Prime Minister Datuk Seri Najib's aide, was Omar Mustapha Ong to the board drew appointed amidst opposition from the-then Petronas top brass. THE capital expenditure (capex) of some controversy not because he was an Petroliam Nasional Bhd (Petronas) of active politician, but due to him being an Tenaga Its operating cost for 2019 was RM43.6bil of which RM10.6bil RM25bil per annum is easily more than aide of the then serving Prime Minister, Nasional was for fuel purchase and RM13.6bil was forked out to IPPs. the budget of most ministries in the fed- Datuk Seri Najib Razak. Transmission and distribution expenses were a whopping eral government. Probably, only the Apart from Felda, statutory bodies RM8.3bil. It used to have the late Tan Sri Jamaluddin Jarjis as Prime Minister's Department gets a big- such as Mara and Felcra had active pol- executive chairman followed by Datuk Dr Awang Adek who ger allocation. iticians heading their boards during the held a non-executive role. Tenaga Nasional Bhd's spending on Barisan Nasional administration. transmission and distribution comes It was one form of the prime minister Telekom Capital expenditure approved and contracted was RM3.3bil up to RM8bil per annum, while or the minister in charge of the statuto- Malaysia and RM2.9bil in 2018 and 2017, respectively. Politically linked Telekom Malaysia Bhd's capex is ry body to reward their supporters. appointments include Tan Sri Shazalli Ramly, who was made the another RM3bil. These statutory bodies have large CEO under the Najib administration. Now, Datuk Seri Mahadzir Majlis Amanah Rakyat (Mara), the annual budgets, much bigger than most Khalid, an active politician, has been tipped to be chairman. entity that has been set up to help bumi- ministries. putras better themselves, gets some They are mandated to carry out Felda Felda spends between RM1.5bil and RM2bil per annum for various RM5bil in grants from the government, development programmes. programmes for settlers. Based on reports, it only has RM400mil in of which 40% goes towards education Most of the spending draws little its kitty. It used to have active politicians - Tan Sri Mohd Isa Samad and training purposes. scrutiny and demands for accountabili- and Tan Sri Shahrir Samad - as chairmen. Among the controversial deals Felda undertook are paying a premium of 300% for a 37% The reason why the appointment of ty are feeble. stake in PT Eagle High Plantations for US$505mil (RM2.3bil) in active politicians on the boards of stat- For instance, when Mara first started 2017. Tan Sri Peter Sondakh, an ally of Najib, controls Eagle High. It utory bodies or government-linked the Maktab Rendah Sains Mara (MRSM) also invested RM5bil under Felda Investment Corp that did not companies is frowned upon is because project, the idea was to have only four yield the desired returns. of concerns of abuse in these compa- such centres of education located in nies. Kota Baru, Kulim, Seremban and FGV After listing in 2012, it had a cash pile of RM5.7bil. The money These entities spend billions annually Kuantan. Holdings was used to purchase plantations that the new management, on their capex and the fear is that if poli- The idea was to have a centre in an Bhd headed by Datuk Wira Azhar Abdul Hamid, had to write down ticians are allowed to run the show, the urban area to house and school stu- substantially in 2018. Previously, Isa was the chairman of FGVs money will not be well spent. dents from rural areas. It was designed board that comprised several active politicians. Its annual These companies and statutory bodies to give these students a quality educa- capital expenditure is just above RMlbil, based on its latest hand out big contracts. tion and exposure. annual report. The margins can easily be inflated to However, the number of MRSM cen- the detriment of the company an its tres proliferated to 54. It is more than Felcra Another plantation skewed group, Felcra, needs an estimated stakeholders. what is required. RM300mil per annum and is bogged down by a huge property In cases where the companies or statu- The reason is that each MRSM centre project that it has to fund. Under a new management headed tory bodies are cash-rich, reckless invest- generates contracts worth millions. The by Mohd Nazrul Izam Mansor, Felcra hopes to be self sufficient. ments tend to happen. Datuk Seri Bung Moktar Radin, an active Umno politician used construction cost is a few hundred mil- to be the chairman and is facing corruption charges that Money is ploughed into assets such as lion. allegedly took place when he was in office. In April 2019, the equities, property, plantations and even Other contracts up for grabs include government had to inject RM6.23bil into Felcra after alleged unit trusts at inflated values. supplying food to these fully residential mismanagement by the previous administration. The classic case of how the cash pile in schools and providing them with laun- Felda and FGV Holdings Bhd dwindled dry and cleaning services. It was set up to specifically help the bumiputras and receives just five years after listing is well docu- Very few political appointments in grants amounting to billions from the government annually to mented. government-linked organisations have run its activities. Based on the 2017 annual report, it received Felda had RM6bil in its kitty post-list- resulted in favourable outcomes. more than RM5bil from the government of which RM2bil went ing in 2012, while FGV had raised Usually, the financial resources of the for education purposes. Under BN's rule, MARA had active RM4.5bil. The boards of both compa- organisation are not well managed, the politicians as chairmen. They included Tan Sri Annuar Musa, the nies were helmed by an active politi- entities enter into unfavourable con- current Federal Territories Minister who was suspended in cian. tracts or go into investments that do not January 2017 and replaced by Datuk Dr Awang Adek Hussin. By 2017, both Felda and FGV needed a yield results. MARA used to be hit by allegations of mismanagement complete revamp and restructuring. When the tide goes down, the short including the purchase of equities of listed companies and The cash pile had been spent on assets comings show up and some needs to be properties at inflated prices. that were not yielding the desired rescued. returns. After the change in government in Lembaga The pilgrim fund needed a government rescue of RM10.3bil to FGV made big provisions and chalked 2018, the financial distress and mis- Tabung Haji stay afloat as its liabilities outstripped its assets. According to a up losses the following year. forensic report, the fund had been paying dividends from management in the likes of Lembaga deposits and not from returns from investments in 2016 and Felda's money went into investments Tabung Haji (TH), Felda and Felcra 2017. It had non-performing assets of RM9.3bil that the that did not yield returns and it was short came to light. TH and Felcra needed government took over in December 2019. It included over- of the RM1.5bil needed annually to carry capital injections. valued equities, properties including a piece of land in Bandar out programmes for the settlers. The government injected RM6.23bil Tun Razak and one unlisted plantation. Tan Sri Abdul Azeez Fortunately, in the case of Petronas, into Felcra, while TH needed to be res- Abdul Rahim, an active politician close to Najib, headed Tabung there are no active politicians appointed cued with a special government fund Haji from 2013 until the change in government in May 2018. to the board. taking over RM10.3bil of over-valued He is facing charges of corruption and money laundering. The closest was Tun Zaki Azmi, who assets whose market value had dropped was appointed when he was still legal significantly compared to the market adviser to Umno. He resigned in 2007. price. VALUATOR Company(Brand) Mention Tone ROI 100 days (100 days) 1 0 RM 0 Agensi Inovasi Malaysia (Dato Sri Haji Mohammad Najib bin Tun Haji 1 0 RM 0 Barisan Nasional (BN) (Barisan Nasional (BN)) 2 0 RM 0 CIMB Investment Bank Berhad (CIMB - Banking & Finance Industry) 1 0 RM 0 Construction Industry Development Board (CIDB) (Industry News - 1 0 RM 0 Consumer Behaviour News (Consumer Behaviour News) 2 0 RM 0 Current Affairs - MOFA (Petronas - MOFA) 6 0 RM 0 Eastern & Oriental Berhad - Industry News (Eastern & Oriental 6 0 RM 0 Eastern & Oriental Berhad - Industry News (Eastern & Oriental 2 0 RM 0 Education Industry- SEGi University (Education Industry- SEGi 4 0 RM 0 Federal Land Development Authority (Federal Land Development 10 0 RM 0 Felcra Bhd (Felcra Bhd) 7 0 RM 0 Felda Global Ventures Holdings Berhad (FGV) (Felda Global Ventures 5 0 RM 0 Lembaga Tabung Haji (Lembaga Tabung Haji) 6 0 RM 0 Mah Sing Group
Load more

Recommended publications
  • Sabah BN Must Overcome Voters' Unhappiness, State Leaders Say
    Sabah BN must overcome voters’ unhappiness, state leaders say Malaysian Insider October 07, 2012 By Ida Lim KUALA LUMPUR, Oct 7 — The Sabah government needs to find out why voters surveyed last month are dissatisfied with it, especially the economy, and work to improve their services, say Barisan Nasional (BN) leaders from the coalition’s key votebank. A Merdeka Center survey released on Friday showed that 57 per cent were dissatisfied with Sabah’s economic performance and only 56 per cent of Sabah voters were satisfied with the state government, a six per cent drop from 62 per cent in November 2009. The country’s easternmost state has been described as BN’s “fixed deposit”. “I think the only way to solve all the problem, BN Sabah should work smart and consider what (are the) people’s problem, what people need,” said senior Umno backbencher Datuk Bung Moktar Radin, adding that the BN goverment “should do more” to develop the state. But Bung Mokhtar said the state government cannot deliver everything, pointing out that it was the same for other states and even United States President Barack Obama has been criticised by his own people. “What I can see state government is hardworking, of course not everything they can deliver,” the Kinabatangan MP told The Malaysian Insider. “The people, they know how to see you, they know how to judge you. We cannot hide anything,” he said, when commenting on Prime Minister Datuk Seri Najib Razak and Chief Minister Datuk Seri Musa Aman’s ratings. The survey showed Najib’s ratings remaining stable at 75 per cent, but Musa’s fell from 60 per cent in November 2009 to 45 per cent in September, suggesting the ruling BN will be faced with some hurdles in its stronghold ahead of elections soon.
    [Show full text]
  • English Booklet 04
    T RANSFORMING THE NATION THROUGH THE LOCAL CHURCH 1 T RANSFORMING THE NATION THROUGH THE LOCAL CHURCH “We wholeheartedly believe that prayer builds an irresistible momentum to unite churches, denominations, genders and believers of all ages. Persistent united prayer leads to breakthroughs in every sphere of life – society, economic, political, education, entertainment and the arts, and others.” 2 T RANSFORMING THE NATION THROUGH THE LOCAL CHURCH We encourage you 1. Read the whole chapter of 2 Corinthians 5 as a start. 2. Meditate on and memorize the assigned verses of each week. 3. Read the short weekly articles. 4. Consider how the ministry of reconciliation plays a role in ‘Transforming Our Nation through the Local Church.’ 5. Allow the Holy Spirit to lead as you fast and intercede for Malaysia each day. (Prayer points serve as guidance only). 6. Pen down your impression, revelation, audible voice of God, or vision, etc. in your diary. 7. Send us a copy of your reflection after the 40-day Fast & Pray, or email us directly at [email protected] CHARITY Sow in your meal savings (charity box provided) PRAYING R OUND THE CLOCK Log on to www.necf.org.my NOTE: For information on individual states and federal territories, please log on to www.necf.org.my For Your Intercession. SCRIPTURES FOR MEDITATION THROUGHOUT THE 40 DAYS 2 Corinthians 5 3 T RANSFORMING THE NATION THROUGH THE LOCAL CHURCH FOREWORD In Matthew 28:19, our Lord Jesus Christ commanded us to “make disciples of all the nations”. The command is often taken in individualistic terms i.e.
    [Show full text]
  • Dewan Rakyat
    Bil. 39 Khamis 14 November 2013 MALAYSIA PENYATA RASMI PARLIMEN DEWAN RAKYAT PARLIMEN KETIGA BELAS PENGGAL PERTAMA MESYUARAT KETIGA K A N D U N G A N JAWAPAN-JAWAPAN LISAN BAGI PERTANYAAN-PERTANYAAN (Halaman 1) USUL PENGGANTUNGAN AHLI PARLIMEN PADANG SERAI SELAMA ENAM BULAN DI BAWAH P.M. 27 (Halaman 20) RANG UNDANG-UNDANG: Rang Undang-undang Perbekalan 2014 Jawatankuasa:- Jadual:- B.1 hingga B.9 dan B.40 (Halaman 67) USUL-USUL: Usul Anggaran Pembangunan 2014 Jawatankuasa:- P.6 dan P.7 (Halaman 67) Meminda Jadual Di Bawah P.M. 66(9) – Mengurangkan RM980,179.20 Daripada Peruntukan Kepala B.6 (Halaman 69) Meminda Jadual Di Bawah P.M. 66(9) – Mengurangkan RM1,633,632.00 Daripada Peruntukan Kepala B.6 (Halaman 95) Waktu Mesyuarat dan Urusan Dibebaskan Daripada Peraturan Mesyuarat (Halaman 97) Diterbitkan Oleh: CAWANGAN PENYATA RASMI PARLIMEN MALAYSIA 2013 DR.14.11.2013 i AHLI-AHLI DEWAN RAKYAT 1. Yang Berhormat Tuan Yang di-Pertua, Tan Sri Datuk Seri Panglima Pandikar Amin Haji Mulia, P.S.M., S.P.D.K., S.U.M.W., P.G.D.K., J.S.M., J.P. 2. “ Timbalan Yang di-Pertua, Datuk Ronald Kiandee, P.G.D.K., A.S.D.K. [Beluran] - UMNO 3. “ Timbalan Yang di-Pertua, Dato’ Haji Ismail bin Haji Mohamed Said, D.I.M.P., S.M.P., K.M.N. [Kuala Krau] - UMNO MENTERI 1. Yang Amat Berhormat Perdana Menteri dan Menteri Kewangan I, Dato’ Sri Mohd. Najib bin Tun Abdul Razak, Orang Kaya Indera Shah Bandar, S.P.D.K., S.S.A.P., S.S.S.J., S.I.M.P., D.P.M.S., D.S.A.P., P.N.B.S.
    [Show full text]
  • The Financial Year 2012 Was, Without Doubt, Another Challenging Period for Tenaga Nasional Berhad (Tnb)
    KEEPING THE LIGHTS ON YOU SEE Tenaga Nasional Berhad www.tnb.com.my No. 129, Jalan Bangsar, 59200 Kuala Lumpur Tel: 603 2180 4582 Fax: 603 2180 4589 Email: [email protected] Annual Report Annual 2012 Tenaga Nasional Berhad Tenaga 200866-W annual report 2012 WE SEE... OUR COMMITMENT TO THE NATION >OH[ `V\ ZLL PZ Q\Z[ VUL ZTHSS WPLJL VM [OL IPN WPJ[\YL 6\Y YVSL PZ [V WYV]PKL TPSSPVUZ VM 4HSH`ZPHUZ ^P[O HMMVYKHISL YLSPHISL LMMPJPLU[ HUK \UPU[LYY\W[LK HJJLZZ [V LSLJ[YPJP[` -YVT WV^LYPUN [OL UH[PVU»Z HKTPUPZ[YH[P]L JHWP[HS [V SPNO[PUN \W OV\ZLOVSKZ HUK LTWV^LYPUN HSS ZLJ[VYZ VM [OL LJVUVT` ^L OH]L OLSWLK YHPZL [OL X\HSP[` VM SPML PU [OL JV\U[Y` HUK ZW\Y [OL UH[PVU»Z WYVNYLZZ V]LY [OL `LHYZ 4VYL [OHU Q\Z[ SPNO[PUN \W OVTLZ HUK Z[YLL[Z ;5) PZ JVTTP[[LK [V LUZ\YPUN [OH[ L]LY` 4HSH`ZPHU PZ HISL [V LUQV` [OL ILULMP[Z VM LSLJ[YPJP[` LHJO HUK L]LY` KH` VM [OL `LHY I` RLLWPUN [OL SPNO[Z VU KEEPING THE LIGHTS ON INSIDEwhat’s TO BE AMONG THE LEADING VISION CORPORATIONS IN ENERGY AND RELATED BUSINESSES 4 Notice of the 22nd Annual General Meeting 7 Appendix I 9 Statement Accompanying Notice GLOBALLY of the 22nd Annual General Meeting 10 Financial Calendar 11 Investor Relations 14 Share Performance WE ARE 15 Facts at a Glance 16 Chairman’s Letter to Shareholders COMMITTED TO 22 President/CEO’s Review 33 Key Highlights 34 Key Financial Highlights EXCELLENCE 35 Five-Year Group Financial Summary MISSION IN OUR 36 Five-Year Group Growth Summary PRODUCTS AND SERVICES KEEPING THE LIGHTS ON Corporate Framework Operations Review 40 About Us 135 Core Businesses 42 Corporate Information 136 Generation 1 44 Group Corporate Structure 142 Transmission 5 46 Organisational Structure 146 Distribution 47 Awards & Recognition 153 Non-Core Businesses 51 Key Past Awards 154 New Business & Major Projects 54 Media Highlights 160 Group Finance 56 Calendar of Events 163 Planning 62 Milestones Over 60 Years 168 Corporate Affairs & Services 175 Procurement Performance Review Other Services 179 Sabah Electricity Sdn.
    [Show full text]
  • View of These
    IMAR layout 2.indd 1 5/23/12 2:52 AM IMAR layout 2.indd 2 5/23/12 2:52 AM ISIS MALAYSIA ACTIVITIES REPORT 2011 IMAR layout 2.indd 3 5/23/12 2:52 AM © 2011 Institute of Strategic and International Studies (ISIS) Malaysia 1 Persiaran Sultan Salahuddin PO Box 12424 50778 Kuala Lumpur All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form, or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher. Printed by Aura Productions Sdn Bhd IMAR layout 2.indd 4 5/23/12 2:52 AM CONTENTS Message from the Chairman v Foreword vii Board Members 2 Who’s Who in ISIS 6 Highlights of ISIS Activities Conferences 10 Book Launch and Seminar 22 Public Lecture 25 ISIS-CSIS Study Team Meeting 26 The ISIS International Affairs Forum 27 Dialogues and Visits 32 Visits from other Institutions 36 Research Projects 38 Appointments 39 Lectures, Papers and Talks 40 Published Works 48 Media Engagements and Publications 54 IMAR layout 2.indd 5 5/23/12 2:52 AM IMAR layout 2.indd 6 5/23/12 2:52 AM Message from the Chairman The year 2011 was another busy and productive year for ISIS Malaysia. Important new international initiatives like the Conference on Global Movement for Justice, Peace and Dignity were launched and additional programmes relevant to national policies at home were also implemented. The Institute was able to add to its skills and talent pool during the year by recruiting additional research staff.
    [Show full text]
  • Karpal Singh, Sivarasa, Azmin Ali Juga Digantung Malaysiakini.Com Disember 16, 2010 Dewan Rakyat Hari Ini Meluluskan Usul Pengg
    Karpal Singh, Sivarasa, Azmin Ali juga digantung Malaysiakini.com Disember 16, 2010 Dewan Rakyat hari ini meluluskan usul penggantungan selama enam bulan ke atas Karpal Singh (DAP-Bukit Gelugor), R Sivarasa (PKR-Subang) dan Azmin Ali (PKR- Gombak) Sewaktu usul yang dikemukakan oleh Menteri di Jabatan Perdana Menteri, Datuk Seri Mohamed Nazri Abdul Aziz itu dibahaskan, semua ahli parlimen bertindak memulaukannya dengan dengan keluar dewan. NONESebelum itu, usul penggantungan Ketua Pembangkang, Datuk Seri Anwar Ibrahim diundi tanpa dibahaskan. Tindakan itu menimbulkan rasa tidak senang di kalangan ahli parlimen Pakatan Rakyat. "Kita akan teruskan dan membuang undi, tanpa membahaskan usul ini," kata Pandikar disambut laungan setuju dari ahli parlimen BN. Semua semua ahli parlimen pembangkang kemudiannya keluar dewan. Usul untuk menggantung Karpal, Sivarasa dan Azmin kemudiannya dibahaskan beberapa anggota parlimen BN dan wakil Bebas tanpa sebarang gangguan. NONEAntara yang mengambil bahagian ialah Datuk Abdul Rahman Dahlan (BN-Kota Belud), Datuk Ibrahim Ali (Bebas-Pasir Mas), Datuk Bung Moktar Radin (BN-Kinabatangan) dan Wee Choo Keong (Bebas-Wangsa Maju), selain pencelahan oleh Khairy Jamaluddin (BN-Rembau), Datuk Idris Haron (BN-Tangga Batu), Datuk Mohamad Aziz (BN-Sri Gading), Datuk Shamsul Anuar Nasarah (BN-Lenggong) dan Datuk Dr Mohamad Shahrum Osman (BN-Lipis) dan Zulkifli Nordin (Bebas-Kulim Bandar Baru). Mereka kemudiannya berbahas sesama-sendiri, menghamburkan kecaman terhadap Pakatan Rakyat dan melontar retorik untuk disambut satu sama-lain. Abdul Rahman ketika membahaskan usul itu menafikan Anwar tidak diberi peluang untuk membela diri, sebaliknya Ketua Pembangkang itu tidak menggunakan peluang yang diberi. Mencelah perbahasan Abdul Rahman, Shamsul Anuar berkata, apa yang dilakukan ialah budaya jalanan yang dibawa oleh pembangkang ke dewan itu sebagai taktik untuk melengah-lengahkan keputusan mengenai kes Anwar itu.
    [Show full text]
  • Pengaruh Kepimpinan Politik Kepartian Berasaskan Etnik Terhadap Pola Keputusan Pru Dun Sabah 2020
    Vol. 17. No.9 (2020). 39-60. ISSN: 1823-884x PENGARUH KEPIMPINAN POLITIK KEPARTIAN BERASASKAN ETNIK TERHADAP POLA KEPUTUSAN PRU DUN SABAH 2020 (An Influence of Political Party Leadership Ethnic Based in Result Pattern of Sabah State Legislative Assembly Election 2020) Junaidi Awang Besar, Muhammad Yusuf Idris & Mohd Syukri Zainuddin ABSTRAK Pilihan Raya Umum (PRU) Dewan Undangan Negeri (DUN) Sabah 2020 diadakan berikutan perisytiharan pembubaran DUN Sabah oleh Yang Dipertua Negeri Sabah atas pemintaan Ketua Menteri Sabah iaitu Datuk Seri Shafie Apdal. Beliau bertindak sedemikian kerana percaturan politik yang tidak berkesudahan di Sabah oleh parti pembangkang di negeri tersebut yang berjaya mengumpulkan sejumlah ADUN Sabah dengan majoriti mudah untuk beralih sokongan kepada bekas Ketua Menteri iaitu Tan Sri Datuk Seri Musa Aman untuk dilantik sebagai Ketua Menteri baru. Walaupun bekas Ketua Menteri itu membawa kes pembubaran DUN Sabah ke mahkamah namun akhirnya PRU DUN tersebut tetap diadakan. PRU DUN ini dilihat sebagai ujian bagi melihat pengaruh WARISAN-PKR dan Perikatan Nasional (PN) dalam keadaan situasi penularan wabak Covic-19. Objektif utama artikel ini ialah untuk menganalisis pengaruh politik kepartian berasaskan etnik dalam PRU DUN Sabah 2020. Berdasarkan analisis data keputusan PRU DUN Sabah 2020 dan analisis sumber sekunder seperti artikel jurnal dan kertas persidangan, dapatan kajian menunjukkan bahawa sokongan pengundi kepada parti politik dalam PRU DUN tersebut adalah berasaskan sentimen pimpinan kepartian etnik iaitu UMNO (BN) dan BERSATU (PN) yang dipimpin Orang Melayu mendapat sokongan di kawasan majoriti pengundi etnik Melayu Sabah serta Melayu Brunei pimpinan UMNO dan BERSATU; kawasan majoriti kaum Rungus-Kadazan-Dusun-Murut oleh pimpinan etnik Kadazan-Dusun daripada STAR dan PBS manakala WARISAN-PKR memperoleh sokongan di kawasan majoriti pengundi etnik Bajau pimpinan etnik Bajau WARISAN dan etnik Cina di kawasan bandar pimpinan etnik Cina DAP dan PKR yang bersekutu dengan WARISAN.
    [Show full text]
  • We're Not As Credulous As KJ, RM2.6B Scandal Not Over Yet
    We’re not as credulous as KJ, RM2.6b scandal not over yet MalaysiaKini.com Apr 19 th , 2016 Yoursay YOURSAY | ‘No, the issue of the so-called donation is far from resolved.’ Khairy: With Saudi minister claim, RM2.6b donation issue resolved Odin Tajué : Ministers Khairy Jamaluddin and Azalina Othman Said, one can understand why your offering of obsessive loyalty to PM Najib Razak but one totally fails to see how people of your position could have zero respect for the intelligent section of the populace and pretend to be oblivious of what are so obvious and demand absolutely no abstract thinking. Let us get the easier thing out of the way first. A sum of US$3.51 billion had been diverted to a party that was not the rightful payee. This fact was known not exactly a minute ago but at least days, if not weeks or months or years, ago. Yet until today, there does not seem to be any action taken to file a report of grand theft or to institute any other appropriate action to initiate the recovery process. One is forced to conclude that none of these actions has been taken because the diverting of the money was intentional. Now to the supposed confirmation by Saudi Foreign Minister Adel al-Jubeir of the so-called donation. Adel's confirmation is of no value whatsoever. It is a farce. Reason No 1 : He has never been privy to the transfer of ±US$681 million to Najib's personal bank accounts. Reason no 2: His confirmation contradicts what he has said just a little more than two months ago, and it was made after his meeting with Najib.
    [Show full text]
  • Jeffrey: Report an 'Eyewash' to Save Dr M Malaysiakini.Com Dec 3, 2014 Veteran Sabah Politician Jeffrey Kitingan Has Described T
    Jeffrey: Report an 'eyewash' to save Dr M MalaysiaKini.com Dec 3, 2014 Veteran Sabah politician Jeffrey Kitingan has described the royal commission of inquiry (RCI) report on foreigners in the state as an "eyewash" to save former premier Dr Mahathir Mohamad. "The people of Sabah are unhappy," the State Reform Party (Star) chairperson told Malaysiakini. He said it was "impossible for the government to be blameless" with regard to the "Project IC" when identification cards were produced by the government. He added that contents of the report were "disappointing and pointless" despite the commission taking a long time to unveil its findings and recommendations. "Is this all they have come up with after taking such a long time to produce the report?" he asked. Another term used for "Project IC" is "Project M", where the "M" stood for Mahathir, who is often described as the mastermind behind the alleged granting of citizenship to illegal immigrants in return for votes. Jeffrey has been critical of the alleged project and even described it as a "dangerous, ticking time bomb". He previously said the government's lack of action against the fake Sabahan/Malaysian identity cards as "treasonous". RCI clears gov't and political parties However, the RCI report released this afternoon, though acknowledging the possibility of such a scheme taking place, had cleared the government and political parties of any involvement. According to the report, syndicates comprising former National Registration Department officers were to be blamed. Last year, when testifying before the commission, Mahathir denied any knowledge of such an operation.
    [Show full text]
  • PWTC Packed with Umno Election Aspirants Bernama 21 Sept, 2013 KUALA LUMPUR, Sept 21 (Bernama) -- Datuk Seri Najib Tun Razak An
    PWTC Packed With Umno Election Aspirants Bernama 21 Sept, 2013 KUALA LUMPUR, Sept 21 (Bernama) -- Datuk Seri Najib Tun Razak and Tan Sri Muhyiddin Yassin were among the leaders to submit their forms early when Umno central election nomination counters opened Saturday. They presented their nomination forms to defend the president and deputy president posts respectively through their representatives at Umno headquarters at Putra World Trade Centre (PWTC), here at 8am. Najib's nomination forms were submitted by his political secretary, Datuk Khairun Aseh while Muhyiddin was represented by his political secretary Datuk Mohd Nardin Awang at the fifth floor of PWTC. Najib and Muhyiddin were attending the Malaysian Armed Forces mammoth 80th anniversary parade at Dataran Merdeka, here this morning. Aspiring contestants and representatives came as early as 7am to collect their queue numbers and as at 11am, the submission of nomination forms proceeded smoothly. The submission of nomination forms at PWTC was for those contesting for posts in the Supreme Council and the Wanita, Youth and Puteri wings at central level. "Their leadership is best described in a Malay proverb 'like the bamboo and the bank'. It is an ideal combination," said Khairun. The three incumbent vice-presidents Datuk Seri Hishammuddin Tun Hussein, Datuk Seri Dr Ahmad Zahid Hamidi and Datuk Seri Mohd Shafie Apdal also submitted their nomination forms through their respective representatives to defend their posts. Also seen was Felda chairman Tan Sri Isa Samad who arrived at about 9.55am to submit his nomination form for the vice-president post. Wanita chief Datuk Seri Shahrizat Abdul Jalil was also seen at 8.15am to send in her nomination form to defend her post.
    [Show full text]
  • 20210415 PPRT a Priority for Sabah
    SIARAN AKHBAR Press Release PEJABAT MEDIA & KOMUNIKASI JABATAN KETUA MENTERI 15 April, 2021 KOTA KINABALU: Housing for the hardcore poor under the people's housing programme (PPRT) throughout Sabah will be prioritised, said Chief Minister Datuk Seri Hajiji Haji Noor. He said the State government will look to build more houses especially in the rural and interior areas. At present, an average of just eight PPRT houses have been approved for construction at each state constituency and this certainly warrant change, he stressed. Under the 12th Malaysia Plan (12MP), a sum of RM500 million has been allocated to build PPRT houses in Sabah but the State government will seek a bigger allocation, said the Chief Minister when chairing the State Development Action Council meeting at the State Administrative Centre (PPNS) near here Thursday. The issue was discussed at length during the meeting attended by all state cabinet ministers, permanent secretaries and department heads. In terms of implementation, Hajiji said a request had also been submitted to the Federal Rural Development Ministry to consider giving opportunity to F Class contractors in Sabah to do the project. Addressing the Council earlier, the Chief Minister reminded all implementing federal and state agencies to continue improving performances and qualities of projects for the people’s benefit. According to him, poor workmanship has rendered some buildings unusable upon completion such as the People’s Housing Programme or PPR Salagon in Beaufort. Hajiji also mentioned the Sapulut - Kalabakan Road that he found to be below par compared with the North South Highway, which can accommodate trucks carrying bigger loads.
    [Show full text]
  • For Review Purposes Only
    ONLY PURPOSES REVIEW FOR Understanding the Dewan Rakyat Copyright © Konrad-Adenauer-Stiftung & Insight News Sdn Bhd. 2011 All rights reserved. No part of this book may be used or reproduced in any manner whatsoever without written permission from the Publisher except in case of brief quotations embodied in critical articles and reviews. Earlier versions of MP Watch: Eye on Parliament reports have appeared in The Nut Graph website exclusively. Images contained in this volume are courtesy and property of The Nut Graph, the interviewees and/or other sources respectively. Permission to reproduce the aforementioned and previously published material is gratefully ONLY acknowledged. FIRST EDITION: March 2011 Published by B-2-19, Merchant Square, Jalan Tropicana Selatan 1, PJU 3, 47410 Petaling Jaya, Selangor Darul Ehsan, Malaysia E-mail: [email protected] Website: www.zipublications.com.my ISBN 978-967-5266-18-8 Layout & cover design by creativetrees.blogspot.com /REVIEW [email protected] Perpustakaan Negara Malaysia Cataloguing-in-Publication Data Understanding the Dewan Rakyat / The Nut Graph FOR ISBN 978-967-5266-18-8 1. Malaysia – Politics and government. I. Title. 344.07409595 Printed in Malaysia by Vinlin Press Sdn. Bhd. No. 2, Jalan Meranti Permai 1, Meranti Permai Industrial Park, Batu 15, Jalan Puchong, 47100 Puchong, Selangor, Malaysia Contents West Malaysia Constituencies Map 10 East Malaysia Constituencies Map 12 Foreword 14 Introduction 16 ONLY Part I Knowing Malaysia’s Parliamentary Democracy 20 System of governance and the role of Parliament 21 Malaysia’s electoral system 24 The work of an MP 30 Funding our MPs 38 The speaker: Functions and powers 42 PURPOSES Part II Knowing Malaysia’s MPs 54 MP Watch: who replied, who didn’t, and why 55 MPs and the ISA 63 MPs and the Islamic state issue 68 MPs and freedom of information 72 MPsREVIEW and separation of powers 77 The challenges of being an MP 81 MPs and lawmaking 88 FORStr engthening parliamentary democracy 93 Part III 222 MP Profiles 100 Perlis P.
    [Show full text]