Archive for October, 2018

31
Oct
18

Another MO1 lie to cover up the last one?

Another MO1 lie to cover up the last one?

COMMENT | Najib Razak is getting deeper and deeper into the web of stories he has spun around the RM2.6 billion that he received in his private bank accounts in 2015.

In December 2015, he told three “safe” Malaysian journalists in an interview on TV3 that it was the donor who wanted the “donation” to be banked into his account. He also said the “donation” was made in a personal capacity.

Of course, the journalists didn’t ask him why the donor made such a strange – and dumb – request. Dumb because the request would merely draw unnecessary attention to Najib as prime minister receiving such a huge amount of money.

Even Najib’s own minister Ahmad Maslan remarked publicly that no prime minister would be that stupid to have such a huge amount deposited into his personal account. And that was Ahmad Maslan, mind you, the minister the public loved to laugh at!

Anyway, the point is, what Najib said at that interview with then Media Prima group managing editor of news and current affairs Mohd Ashraf Abdullah, then New Straits Times Press group managing editor Abdul Jalil Hamid and then Utusan Group editor-in-chief Abdul Aziz Ishak indicated that he knew who the donor was and that he had communicated with them.

He also told them, “The donors have been verified and found by the MACC and the commission has also obtained their statements.”

But on Friday, he told Al Jazeera something else. He said when the RM2.6 billion ended up in his bank accounts, he did not verify the source of it.

He said he assumed it was a “donation” connected to Saudi Arabia’s King Abdullah because the latter had given Najib assurance of his support.

Such a huge amount of money coming to a man in such a high office which could put him in a vulnerable situation – and he didn’t verify the source?

“The question is, when I received the funds, was I aware of the source of the money or whether the source of the money is in dispute as to who owns the fund? Certainly, in my capacity, I would not have access to banking knowledge,” he told the international news agency in an interview.

“Because whoever owns the fund is protected by the secrecy of the banking laws so when I received the funds, in all honesty, I thought it was a genuine donation and at that particular time, the knowledge that I had was based on a conversation with King Abdullah.”

So now he was changing his tune and equivocating about the money having come from the Middle East when he was so sure and adamant before that it came from there, and from the royal family, to boot!

The reason for this? The Saudi foreign minister Adel Ahmed al-Jubeir had come to Kuala Lumpur the same Friday and told our foreign minister Saifuddin Abdullah that there was indeed no donation made to Najib by the Saudi king.

So, on Al Jazeera, on a programme that would be beamed across the world, Najib suddenly had to find a way out. And so he said he never verified where the RM2.6 billion came from. To save himself from acknowledging that the money was a “donation” from the Saudi king. Which most people had never believed in the first place.

Was Najib lying on Friday or was he lying in December 2015? Or was he lying both times?

Why, only three months ago, in July, in an interview with Malaysiakini, he had insisted that the money was from the Saudi royal family.

“The genesis was when I met with King Abdullah. I asked him to support the (Malaysian) government because I thought their government has a record of supporting governments which are somewhat friendly with them,” Najib said.

“So what I requested was nothing unusual and he agreed to support and subsequently we received letters and then money was credited at about the time they had promised the donation.”

Money from Tanore

And then only last month, he posted on Facebook an admission – for the first time – that the source of the RM2.6 billion could have been Tanore Finance Corporation.

This coheres with the revelations of the United States’ Department of Justice (DOJ), which pointed out that US$681 million (equivalent then to RM2.6 billion) come from Tanore, which has been found to be a supposed shell company used to wire funds from 1MDB to accounts of selected beneficiaries, including Najib’s.

It is widely known by now that Tanore’s beneficial owner of record was Eric Tan Kim Loong, a proxy and trusted aide of Jho Low, the alleged mastermind behind the pilfering of funds from 1MDB.

Najib’s story, however, was that the Tanore money came from Prince Abdulaziz Al-Saud of Saudi Arabia who had written to him on March 1, 2013, saying that he would disburse US$800 million to him in stages for that year. But what Najib eventually received was US$681 million.

“In the letter, Prince Abdulaziz Al-Saud stated that the funds would be channelled either from his bank account or from his other sources, including Tanore,” Najib wrote in his Facebook post.

“According to the DOJ and WSJ (Wall Street Journal) claims, the money from Tanore was … from 1MDB. But Prince Abdulaziz Al-Saud has been representing King Abdullah for the transfer of funds to my account including in 2011 and 2012 when funds were sent from the accounts of the Ministry of Finance of Saudi Arabia and Prince Faisal bin Turkey bin Al-Saud.”

Now, if this story were true, why did he not maintain it in his interview with Al Jazeera? Why did he not also say on the air that the Tanore account belonged to Prince Abdulaziz?

…more
Another MO1 lie to cover up the last one?
Kee Thuan Chye
27 Oct 2018 – Malaysiakini

29
Oct
18

PAC should scrutinize Najib over ‘new leads’ in Al Jazeera interview

PAC should scrutinize Najib over ‘new leads’ in Al Jazeera interview

MP SPEAKS | The Public Accounts Committee (PAC) which has been directed by the Parliament in a special motion to reinvestigate the 1MDB scandal, should welcome former prime minister Najib Abdul Razak’s semi-aborted interview with Al Jazeera, as Najib had opened up on many new leads on the scandal, and should be asked to elaborate on them.

The first issue the PAC should ask Najib to elaborate is his cryptic statement in the interview that 1MDB investigators should not stop at Jho Low, but should probe others who were allegedly involved in stealing from 1MDB.

Saying all the culprits must be investigated to find out where the money had gone, Najib said:

“Fine… let them do their work but don’t just stop at Jho Low. Get others who are involved as well because there are other international figures who probably are involved. They must also be investigated.

“We want to know where the money flowed to. And who really benefited from the whole 1MDB issue. I would like to know, too”.

Najib should be asked to explain:

(1) Who are these ‘other international figures who are probably involved’ in the 1MDB scandal;

(2) Why he had not launched investigations into them instead of carrying out an international façade and charade claiming that there was never a 1MDB scandal, that everything was clean, upright and proper, with Arul Kanda Kandasamy (photo) employed with the sole objective to white-wash the 1MDB scandal;

(3) Whether he would lodge reports with the various authorities with regard to these ‘other international figures who are probably involved’ in the 1MDB scandal;

(4) Whether he is aware that he shocked not only Malaysians, but the whole world, when he said he also wanted to know ‘where the money flowed to’ and who really benefited from the whole 1MDB issue?

(5) Is Najib aware that as prime minister, finance minister and the chairperson of the 1MDB advisory board, which must approve all major 1MDB decisions, his claim of ignorance and innocence of 1MDB as ‘kleptocracy at its worst’ is totally incredible, most heinous and irresponsible?

(6) In June 2017, the Chief Secretary to the government Ali Hamsa said the government is studying the possibility of using the polygraph – lie detector – test as a mechanism to help curb cases of corruption among civil servants. Is Najib prepared to take the lie detector test and answer questions on the 1MDB scandal?

…more
PAC should scrutinize Najib over ‘new leads’ in Al Jazeera interview
Lim Kit Siang
29 Oct 2018 – Malaysiakini

28
Oct
18

“Sila Duduk, Jangan Lari” interview with Al Jazeera

In this exclusive episode of 101 East, Mary Ann Jolley interviews former Prime Minister Najib Razak and asks, what went wrong.

25
Oct
18

Najib, Irwan slapped with 6 charges of CBT involving RM6.6 BILLION

Najib, Irwan charged with RM6.6 billion CBT

KUALA LUMPUR: Former prime minister Najib Razak and former Treasury secretary-general Mohd Irwan Serigar Abdullah have been slapped with six charges of criminal breach of trust (CBT) involving RM6.6 billion worth of government funds.

They were said to have committed the offences between December 2016 and December 2017.

According to the charges, they were entrusted with the funds but misappropriated the money in their positions as finance minister and Treasury secretary-general at the time.

On the first charge, they were accused of committing CBT of RM1.2 billion on Dec 21, 2016 at the office of the finance ministry.

On the second charge, they were accused of committing CBT of RM655 million at the same place and time.

The third charge accused them of committing CBT of RM220 million in the Federal Consolidated Fund on Aug 3, 2017.

On the fourth charge, they were said to have committed CBT of RM1.3 billion, also in the Federal Consolidated Fund, on Aug 10, 2017.

The money in the third and fourth charges was meant for Kuala Lumpur International Bhd expenditure, subsidies and financial aid.

According to the fifth charge, they committed CBT of 1,950,000,000 yuan (approximately RM1,261,065,000) on Aug 23.

On the sixth charge, they were accused of committing CBT of RM2 billion on Dec 18, 2017.

If convicted under Section 409 of the Penal Code, they face a maximum jail term of 20 years, whipping and a fine.

Najib and Irwan claimed trial to all six charges.

Fiat prosecutor Gopal Sri Ram led the prosecution team. Muhammad Shafee Abdullah represented Najib while Irwan was represented by Dev and Lavania Kumaraendran and their father K Kumaraendran.

…more
Najib, Irwan charged with RM6.6 billion CBT
Ho Kit Yen
October 25, 2018 – FMT

24
Oct
18

High Court rules superyacht Equanimity belongs to Malaysia

High Court rules superyacht Equanimity belongs to Malaysia

KUALA LUMPUR: The High Court has ruled that the government and three others are the rightful owners of superyacht Equanimity which will be up for sale next month.

Lawyer Sitpah Selvaratnam said the court here made the order in allowing judgment in default against the registered owner of the vessel, which has been berthed in Port Klang since August.

“In effect, the court held that the ship belonged to the Malaysian government because 1MDB money was used to purchase it,” she told reporters after obtaining the judgment in the chambers of judicial commissioner Khajidah Idris.

Sitpah said the ship belonged to Malaysia since two of the plaintiffs, 1MDB Energy Holdings Limited and 1MDB Global Investment Limited, were found to be the beneficial owners.

She added that the registered owner of the Equanimity, of Cayman Islands, had not turned up to contest the suit and deny the claim by the government, 1MDB and the two subsidiaries.
Lawyers Sitpah Selvaratnam (second from right) and Ong Chee Kuan (middle), representing the Equanimity legal team, speaking to reporters outside the High Court.

Sitpah said in delivering the judgment, the court went through strict judicial process and was finally satisfied that the RM1 billion (US$250 million) used to buy the yacht belonged to Malaysia and 1MDB, a company fully under the control of the finance ministry.

On Oct 5, the court granted an application by the four plaintiffs to appoint a central broker and an international appraiser to handle the sale of the Equanimity, which has been linked to fugitive businessman Low Taek Jho, better known as Jho Low.

This followed a decision on Aug 24 by the same court granting an application by the four plaintiffs to sell the Equanimity.

“The broker is now conducting the marketing and publicity to get bidders,” Sitpah said, adding that the tenders for sale would be open by the end of the month.

Sitpah said she hoped the vessel, the 54th largest yacht in the world, could be sold to the highest bidder by the end of the year.

She said the appraiser’s value of the ship would remain confidential as the government wanted more bidders to come in.

“Bids are not open yet but there are people showing interest,” she added.

…more
High Court rules superyacht Equanimity belongs to Malaysia
October 19, 2018 – FMT

21
Oct
18

Summary of the 45 charges against current Umno president

(source: Malaysiakini)
😱😱😱

19
Oct
18

Umno president Zahid slapped with 45 charges for CBT, corruption and money laundering

Zahid slapped with 45 charges, RM2 million bail

KUALA LUMPUR: The Sessions Court today slapped Umno president Ahmad Zahid Hamidi with 45 charges related to criminal breach of trust, money laundering and corrupt practices, with both the prosecution and his lawyers agreeing to a sum of RM2 million as bail.

It took 55 minutes as a visibly tired Zahid, who spent the night with the Malaysian Anti-Corruption Commission (MACC), stood up to hear all the charges being read to him.

Ten CBT charges, with the highest amount involving RM17 million, come under Section 409 of the Penal Code, while eight charges were under Section 16 of the MACC Act, for accepting bribes for various projects during his time as the home minister.

The remaining 27 charges relate to money laundering under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Amla).

He claimed trial to all charges which were read before judge Azura Alwi.

The charges of corruption also include his alleged role in the home ministry’s outsourcing services linked to MyEG Services Sdn Bhd, allegedly receiving money from a director of Data Sonic Group Bhd to supply 12.5 million chips for Malaysian passports, as well as accepting money to appoint a company as the operator of a one-stop centre in Pakistan and Nepal for the processing of work visas.

The CBT offences were allegedly committed between January 2014 and March 2018, the offences under the MACC Act between July 2016 and March 2018, while money laundering since March 27, 2016.

Zahid, who was elected as Umno president in June, is the first sitting Umno president to be hauled to court to face criminal charges.

Lead prosecution counsel Gopal Sri Ram said there should be a joint trial for all the charges.

Sri Ram also applied to the court to instruct Zahid to pay the RM2 million in a lump sum, but Zahid’s lawyer Hisyam Teh Poh Teik said his client should be allowed to pay by two installments.

The judge later allowed Zahid to settle half of the amount today, and the remaining by Oct 26. He was also told to surrender his passport.

…more
Zahid slapped with 45 charges, RM2 million bail
Ho Kit Yen
October 19, 2018 – FMT

17
Oct
18

1MDB: Why Malaysia fell victim to the biggest heist in history

1MDB: Why Malaysia fell victim to the biggest heist in history

IT’S a story so lavish, so audacious, and so reckless it would make Roman emperors blush.

It’s been dubbed one of the biggest financial heists in history and its cast of players include Hollywood superstars, leading politicians, supermodels, global financial conglomerates, and one plucky 27-year-old upstart – going by the name of Jho Low – who managed to dupe them all.

This is, of course, the 1 Malaysia Development Berhad (1MDB) scandal that plagued the final years of former-Malaysian prime minister Najib Razak’s premiership and was credited with playing a part in his shocking election loss in May.

It thrust Malaysia into the global spotlight when it first came to light back in 2014. But it remains very much at the forefront of the national psyche after police unceremoniously raided Najib’s home and people watched as he and his wife Rosmah Mansor were charged in connection with the case.

A new book, Billion Dollar Whale by the Wall Street Journal reporters who helped break the story, has also captured the nation’s imagination – or more accurately, indignation – with its tales of flagrant excess and spending by lead character Jho Low.

The sovereign wealth fund – chaired by Najib – was set up in 2009 to finance green energy and tourism projects in Malaysia. Instead, over the course of the next five years, a reported US$4.5 billion was allegedly funnelled out of the fund into the private bank accounts of Najib and his associates.

When we ask how this could have happened in Malaysia, the obvious answer is corruption. But Malaysia does not have a monopoly on corruption. For this brazen level of larceny, there must have been other contributing factors that made Malaysia vulnerable.

But what are they? How did Malaysia fall victim to the biggest financial heist in history?

Black gold

It was a combination of conditions that came together to make Malaysia a target, Billion Dollar Whale co-author and journalist, Tom Wright told Asian Correspondent. The initial catalyst being Malaysia’s oil reserves and the wealth that comes with them.

“When he [Jho Low] initially wanted to launch a fund, he did so in the state of Terengganu, and he was able to convince the Sultan to launch this fund against oil wealth,” Wright said.

In its initial conception, 1MDB started out as the Terengganu Investment Authority (TIA), which got its money from the royalty income of oil reserves off the coast of the north-easterly state. Its objective was to aid sustainable development in Terengganu but was later expanded to a national scale under a newly elected Najib. Its name was changed to 1MDB.

Malaysia’s natural reserves, combined with it being a middle-income country “intertwined with the global economy,” made it a tempting prospect for global investors, said Wright.

Global economy

Professor of Economics at CEIBS, Dr Bala Ramasamy, agrees Malaysia’s open and global economy will have enabled Jho Low’s actions.

Given the country’s reliance on trade, there are very few restrictions when it comes to the transfer of capital, so money can be moved across borders with relative ease, Bala told Asian Correspondent.

While restrictions were strictly imposed during the 1998 Asian financial crisis, these were steadily relaxed to aid with recovery, Bala said.

“We had to allow money to come in because we rely on foreign investment. So money should be able to come into the country easily and, if you want to encourage foreign investors, you also have to allow them to take their money out easily as well.”

While this has been hugely beneficial to the development of Malaysia, people like Jho Low found ways to take advantage of this.

This is not only restricted to Malaysia. The connected international economy has facilitated corruption on a global scale. Other countries have fallen victim to similar problems – tax evasion, money laundering, offshore accounts – all highlighted in the Panama Papers in 2016. But none on the scale of 1MDB.

While the lack of enforcement of financial regulations certainly facilitated Jho Low’s ability to embezzle money from the fund, it isn’t the reason he got away with it for as long as he did.

Governance

Wright believes the financial climate teamed with “poor governance standards,” and “no checks and balances” made the perfect storm in which Jho Low could thrive.

Bala also believes the governance of Malaysia lends itself to covering tracks and avoiding accountability.

“Malaysia, like many developing countries, is more people-based rather than system-based,” the international economics and business expert told us. “It is one person who decides; a signature, a handwritten note on a proposal giving their support – that carries a lot of weight.

“The bureaucracy puts a lot of importance on whether it receives the support of an important person, like the prime minister.”

If all you need is the approval of one person, any restrictions that are in place can be easily bypassed. In somewhere like Malaysia where the prime minister, and the ministers below him, still have a lot of authority, this can be easily done.

Bala holds it in contrast to system-based government in the UK and the US where parliamentary or congressional committees scrutinise large proposals to make sure the agreed objectives are being met.

“When you set up a 1MDB, to what extent does it go through a parliamentary committee or checks and balances about the process that will be taking place? If the PM thinks it’s a good idea, then everyone pretty much says yes,” he said.

“In the system-based approach, it doesn’t matter who you are, rules are rules, laws are laws, nobody is above the law. But in the case of developing countries, certain individuals, whether in the government or influential people, they are above the law, so they can easily facilitate the movement of money in and out of the country, beyond the regulation.”

This is compounded by the lack of change in governing party. Najib’s party United Malays National Organisation (UMNO) governed Malaysia for over 60 years. Without a change in ruling party, eventually the entire governmental system and the people who work for it become political.

…more
1MDB: Why Malaysia fell victim to the biggest heist in history
By Emma Richards
15th October 2018 – Asian Correspondent

14
Oct
18

Election returning officer jailed 3 months for contempt

Election returning officer jailed 3 months for contempt

Rembau district officer Amino Agos Suyub is appealing the sentence in the Federal Court.

SEREMBAN: The Election Court here sentenced a returning officer to three months’ jail after he was found guilty of contempt of court for coaching a witness in a petition brought by a PKR candidate.

Judge Azimah Omar, in sentencing Amino Agos Suyub, who is also the Rembau district officer, said the court must send a strong message that the general election or by-elections must be conducted in a free and fair manner.

“You lacked integrity and this court must impose a sentence to achieve justice,” she said.

Azimah said she took into consideration Agos’s family background, his occupation and the consequences of today’s ruling.

“The court also weighed the mitigating factors and public interest. However, your action was serious as this is an election petition,” she said.

She said the petitioner, Dr Streram Sinnasamy, made a serious accusation that he was denied entry to the nomination centre as he did not have an entry pass.

“However, I cannot accept your explanation that you did not intend to coach your subordinate to give evidence in this petition,” she said.

Azimah said, as district officer, Agos was also a second class magistrate who could issue remand orders.

“You are no ordinary layman,” she added.

The judge later allowed an interim stay of Agos’s sentence pending an appeal to the Federal Court.

Lawyer G Rajasingam, who appeared for Agos, mitigated that his client be given a non-custodial sentence, preferably an admonishment.

He said his client was subject to disciplinary action under the General Orders and that he could lose his job should a jail term be imposed.

“His action was impulsive but he has learnt his lesson,” the lawyer said, pleading that the court tamper justice with mercy.

Earlier, the court cited Agos for contempt of court as he had guided his former subordinate, Daing Muhamad Rahimi Abdul Hamid, a witness, to give evidence in the petition.

Azimah said the conduct of Agos amounted to interference in the administration of justice.

“You coached the witness who was your subordinate.

“Your conduct cannot be tolerated, especially when you are a senior government officer,” she said when ordering Agos to show cause why he should not be punished, including being sent to prison.

Agos, who took the stand, profusely apologised to the court and said he had no intention of interfering in the proceedings.

However, the judge refused to accept his explanation.

The unprecedented proceeding in the election case came about on Thursday when Daing Rahimi, under cross-examination, said Amino had sent a few text messages summarising his evidence and guiding him on how to give his testimony.

…more
Election returning officer jailed 3 months for contempt
October 10, 2018 – FMT

12
Oct
18

An Open Letter to MMC-Gamuda

An Open Letter to MMC-Gamuda

By Tony Pua
Political Secretary to Minister of Finance
Member of Parliament for Damansara
10 Oct 2018

Dear Directors of MMC-Gamuda,

Let me applaud you for putting up a great show since the Minister of Finance, Lim Guan Eng announced the Cabinet decision to (i) accept the offer from MMC-Gamuda to reduce the cost of the MRT2 Above Ground works by RM5.2 billion to RM17.4 billion (23% reduction) in the form of a turnkey contract and (ii) terminate the Underground contract as both parties could not reach an agreement on the required price reduction.

You have issued a letter proclaiming innocence, claiming that you were awaiting for an offer from the Ministry of Finance (MoF). You questioned the qualifications of the independent engineering consultant we have engaged. You implied that the decision to terminate was hasty and ill-conceived. You sought sympathy claiming the loss of jobs for no less than 20,000 people (wow!). Your social media actively promoted a campaign to “Save 20,000 Jobs” asking Malaysians to sign the petition. There are viral Whatsapp letters from first class honours engineers regretting support for Pakatan Harapan in the last general election.

The performance and mobilisation of the above campaign are nothing short of impressive. The question of cost of the project to the Government was conveniently ignored.

We had no intention of engaging with you in a public war of words. We tend to reserve that for our political opponents. And after all, we wanted to continue the good working relationship to complete the RM17.42 billion worth of Above Ground works.

However, the obvious brazen attempt to paint yourself an innocent victim to an unjust Harapan government required a response to set the facts right and record straight.

1. The original Underground contract was awarded for RM15.49 billion. MRT Corp awarded additional RM1.2 billion of variation orders which resulted in the revised contract value of RM16.71 billion.

2. After numerous meetings and discussions, you wrote to the Minister on 15 August to offer a revised price of RM15.1 billion. This was mostly a result of shelving the 2 underground stations at Bandar Malaysia North and South.

3. Subsequently on 7 Sep, you offered to reduce the price further to RM14.58 billion for the Underground contract (making it RM32 billion for the entire MRT2 project). This represented a cost saving of RM2.13 billion or a 12.7% reduction. In the words of the Gamuda director at the meeting with the Minister on 4 Sep – “we offer what we can offer, but anything beyond that will be meaningless to continue”.

4. However, based on the study by the independent engineering consultant, MRT Corp should expect total savings between RM4.19 to RM5.79 billion for the estimated remaining 60% portion of works yet to be completed. Yes, this potential savings is just for the balance of works to be completed. Imagine the potential savings if it was for the entire contract.

So the question to be deliberated upon by this new Pakatan Harapan government is very simple.

A. Do we say, “it’s OK la, let’s just accept the RM2.13 billion reduction offered by MMC Gamuda”? After all, we can take this figure and boast to Malaysians of our ‘magnificent’ achievement, for they would know no better that we might have left another RM2 billion of potential savings on the table. Furthermore, it will certainly save us the trouble of having to deal with the negative publicity and the new international tender exercise which has to be carried out. Too much work… Or

B. Do we honour the mandate and trust the people has given us and maximise the savings we can reasonably derive from the project? RM2 billion can pay for 5 hospitals, or 50 schools. RM2 billion is hell of a lot of money when I see my MoF colleagues who are struggling and scrimping to find RM50 million savings here, and RM80 million cuts there for the upcoming Budget.

The Cabinet obviously made the decision to pick the latter. And you seriously telling Malaysians to blame the Cabinet for the termination?

Or would you then pick a different target, as you implied in your media statement, that the independent consulting engineers aren’t sufficiently qualified – despite employing more than 500 staff with a track record of having completed more than 80 projects in 24 countries outside of Malaysia?

Or was it because the government-appointed independent consulting engineer exposed the frequently expounded lie that the cost of MRT1 and MRT2 are well-below the average cost of construction of various Asian Metros, because no one was actually able to substantiate the data provided?

Should we instead question why MMC Gamuda had initially agreed to, but subsequently refused to share costing data with the independent consulting engineer to justify its cost, claiming “trade secrets”?

To the 26 year old first-class honours engineering graduate, I empathize the turbulence you are facing in your life today which is due to no fault of yours. However, should Gamuda decides not to retain your services, it would only be their loss, because you would build an equally successful career in many other companies.

To the purported 20,000 workers who, according to MMC Gamuda, would lose their jobs as a result of the underground contract termination, let me emphasize that the Malaysian government is not terminating the project. You will find plenty of opportunities when the new project is awarded at a lower cost, while the savings generated would mean even more projects for the future.

But perhaps, instead of starting a petition on Change.org to seek the Government to reverse its decision on the termination, it might be more productive to start a petition to ask your bosses at MMC Gamuda to make the Malaysian government an offer they cannot refuse.

Thank you.

…more
An Open Letter to MMC-Gamuda
Tony Pua
October 10, 2018 – theedgemarkets.com





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How the 1MDB Scandal Spread Across the World (WSJ)
We cannot afford ridiculously expensive RM55 Billion ECRL!
All that is necessary
for the triumph of evil
is for good men
to do nothing.

- Edmund Burke
When the people
fears their government,
there is TYRANNY;
when the government
fears the people,
there is LIBERTY.

- Thomas Jefferson
Do you hear the people sing?

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