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.


19/08/2017

ROSMAH'S $38 MILLION CASH RICH YAYASAN PERMATA (PERMATA FOUNDATION). WHERE DID $2.7 BILLION GO?

by E.S. Shankar, Donplaypuks® intrepid correspondent for einstein cloning affairs

Many Malaysians have been confused by Rizal Mansor, who, not so long ago, suddenly and mysteriously appeared as an aide to PM Najib. He is also Rosmah's (Najib's wife) spokesman. Why? This is how things are done in Malaysia, so that a person who has no position anywhere in government, is provided an aide free-of-charge, at the Taxpayers' expense.

It would appear also that there is no family link between Rizal Mansor and Rosmah Mansor, PM Najib's "world infamous" wife.


When questioned about Permata, Rizal produced screenshots which purportedly showed its accounts for 2013 and 2014 at its website. 


Let's be very, very clear.


Yayasan Permata (YP) is the private non-profit foundation of PM Najib's wife, Rosmah Mansor. She may claim that the administration and financial affairs of Permata are managed by the PM Najib's Department, but we all know how the game is really played.


Permata's aims and objectives are stated at its website as follows:




YP was newly registered in December 2012. The previously registered Yayasan PERMATA under the PM's department was wound up and its funds, amounting to $5,158,921, transferred to YP.

Since then, YP has received the following additional funds:


1. 2013 - $5.3 million from Najib. This represents money stolen by Najib from 1MDB/SRC and generously donated to his wife's foundation.


2. 2014 - A staggering $32 million (US$10 million) from Executive Affairs Authority, Abu Dhabi.

3. 2015 - $10,000 from the Palestine Embassy in Malaysia.

It's not clear why the government of Abu Dhabi donated $32 million to YP. But, much of Najib's 1MDB $46 billion fraud revolves around dealings with Abu Dhabi government-owned companies IPIC (listed on the London Stock Exchange) and Aabar. The main persons whom Najib (and Jho Low) dealt with were IPIC's MD Qubaisi and Aabar's CEO (Husseiny). Both of them have been sacked and now face criminal charges in Abu Dhabi and civil charges by the US DoJ for kleptocracy involving 1MDB's fraudulently diverted funds. US DoJ criminal charges are in the pipe-line.


It would therefore NOT be a big surprise, if there is considerable hanky panky surrounding this generous "donation"! (Much like Najib's blatant lies about that infamous $2.6 billion "donation" and SRC $42 million).


YP's summarised Income/Expenditure Account and Balance Sheet for 2013-2015 are as follows:







The full audited accounts are available for download at the YP website as follows:


1. 2013 - CLICK HERE.

2. 2014 - CLICK HERE.
3. 2015 - CLICK HERE.

As expected, there are no details of who the beneficiaries were of expenditure relating to donations, scholarships and other expenses.


However, the bulk of the expenses have gone to programs of doubtful benefit such as creating a Nobel Prize winner's mindset for "gifted children". One wonders if manufacturing a Nobel Prize winner is a great priority in a country which has produced few scientists of any note, let alone, internationally acclaimed scholars. Can genius be created like cars on an assembly line?


Is there an all inclusive approach in selection of candidates for the program? And what about building a firm foundation in our failing government schools where the majority of our students learn the basics? That is not a priority for Rosmah or Najib?

What the Rakyat really wants to know and see are details of Permata's spending between 2010-2016 amounting to $2.7 billion as mentioned in Najib's budgets:

2010 - $100 million
2011 - $111 million
2012 - $???
2013 - $1,200 million #1
2014 - $530 million #1
2015 - $711 million #1
2016 - $45 million #1
2017 - $85 million 

#1 includes budget for other early education programs and kindergartens

What exactly is our Ministry of Education for, if the PM's unelected wife is given tons of money to run a very iffy "gifted children" program? What expertise does she have in the education arena? 

Here are some questions which elected MP's and others have been asking about Permata and been stonewalled or given half-arsed explanations by the government:


1. Was Rosmah, or her company/firm/business or company/firm/business owned by her nominees paid any finders, consultancy or other fees or reward for setting up PERMATA between 2009-2016? How much?


2. Why is that after seven months, there is no news of YP audited accounts for 2016?

3. Why is Permata Insan spending millions of ringgit on producing Islamic scholars (Hafiz) learning the Quran by heart? Why should this program, run by the Islamic Science University of Malaysia (USIM) exclusively for Muslims, be funded by the government? Especially since the Ministry for Religious Affairs has a ridiculous annual budget in excess of $1 billion? How will Permata's STEM (Science, Technology, Engineering and Mathematics) program benefit from this wasteful expenditure?


You mean, all those Jews whom UMNO loves to stoke hatred against, and Westerners, won all those Nobel Prizes because they memorised the Torah or The Bible? What mental disease afflicts the likes of Rosmah and Najib?

4. How are students selected for these Permata programs - by mainly race and religion? What is the breakdown of students? 

5. Why is the prime minister's wife involved in programs for autism (Permata Kurnia) and setting up a childrens' hospital (Permata HKK). Zecon Bhd. has been awarded a $606 million Build, Lease, Maintain and Transfer (BLTM) 30-year contract for the HKK hospital due for completion this year. Why is this not under the Ministry of Health? 

6. How can UMNO/BN ram these expenses through Parliament when there is an obvious conflict of interest with the PM's wife given carte blanche authority to ride rough-shod over education experts and university professors, rendering them useless?


7. Despite having $38.6 million in cash, why did Rosmah recently ask the government for an additional $5 million?


Most laughable is the logo design for Permata Pintar incorporating a diamond. Permata in Malay means precious stones and jewellery. PP is a program to "nurture balanced gifted and talented individuals with inquisitive minds, individuals who shall contribute as world leaders, thinkers, innovators and humanitarians."



And of course, we now know, thanks to the US DoJ, that about $130 million of money fraudulently stolen from 1MDB, illegally ended up as diamond rings and gold necklaces round Rosmah's fat fingers and neck!

11/08/2017

HOW RM55 BILLION ECRL WILL BAIL OUT 1MDB BY MASSIVE FRAUD!

by E.S. Shankar, Donplaypuks® intrepid correspondent for rolling stock fraud affairs


1MDB/MoF failed to cough up one cent of its RM2.6 billion (US$603 million) debt to IPIC by 31 July (with an additional grace period up to 5th August).

Subsequently, PM/FM Najib's accessory to 1MDB $46 billion fraud, MoF Chief Secretary Tan Sri Dr. Mohamed Irwan Serigar bin Abdullah, announced that IPIC had agreed to extending the repayment date to 31 August, with the proviso that an interim payment of at least RM1.3 billion (US$310 million) be made by 12 August.

Serigar was quoted as saying that 1MDB had defaulted on its loan repayment "due to the need for additional regulatory approvals."

Here are the relevant stories:


So, what did lying Serigar mean by mysterious governmentspeak waffle "monetization of units" and "additional regulatory approvals", when:

1. Najib, 1MDB and MOF had 92 days from end April 2017 to plan for the debt repayment.
2. The whole world knows that the so-called "units" only exist in the wild imagination of Najib, Serigar and 1MDB President & Executive Director Arul Kanda.
3. Between Najib, Serigar and Govt Chief Sec Tan Sri Dr.Ali Hamsa (whose nominee Dato Norzaman Ayob is a director of 1MDB), they constitute the entire financial approving authority in Malaysia!!!

The truth is all of them had planned for the cover-up and illegal bail out of 1MDB in July 2016, as exposed by Sarawak ReportCLICK HERE.

The Najib approved plan included criminally inflating the projected RM26 billion East Coast Railway Link (ECRL) project by an additional whopping RM29 billion, to land the Rakyat with a massive RM55 billion bill.


However, China's central government threw a spanner in the works in November 2016 when it announced a crackdown on corruption in state-owned companies by imposing capital controls. This resulted in utter failure for Serigar, when he manipulated the illegal removal of IWH-CREC JV as 60% shareholder in 1MDB's Bandar Malaysia RM200 billion development. Serigar, whose greed knows no limits, had sought to replace IWH with China's Dalian Wanda Group for a higher share price.

Serigar, who should have been sacked particularly for this scheming, had egg all over his face as the Dalian Wanda Group failed to show up, amidst rumours of its Chairman being involved in corruption. It would also appear that China was not too amused at the mistreatment of CREC (China Railway Engineering Corporation) by Serigar who had cooked up stories that IWH-CREC had failed to stick to payment schedules. In the end, MoF was forced to refund IWH-CREC RM786 million of deposits and advances that it had paid.

Refer:

Part of Najib's plan included 1MDB receiving RM3.7 billion (US$850 million) from China state-owned company CCCC (China Communications Construction Company), in exchange for its 234-acre Ayer Hita, Penang land land and "other assets".


However, this plan did not materialize in time presumably due to the China funds freeze on state-owned companies and 1MDB being unable to deliver "other assets" represented by fake "units".

Now we come to the crux of the fraud.

Almost every project mooted Najib has to have the tag-line 'GAME CHANGER' without which it would appear a project cannot be important or succeed.

CCCC was banned from participating in international tenders in 2009 by the World Bank, for fraud and shoddy work. CLICK HERE.

Yet Najib and 1MDB have signed a RM55 billion inflated contract with CCCC without open tender. Had there been one, any number of countries would have been willing to provide cheaper loans, e.g. Japan where interest rates range from 0% to negative -.01%!

CCCC is apparently charging 3.25% interest per year for a 20 year loan, with no repayment of interest or principal loan for the first 7 years. As the ECRL project is scheduled to be completed 2024, it will have to repay CCCC the RM55 billion by 2044.

ECRL need not service interest or principal for the first 7 years. Presumably, interest will be accrued for 7 years and become payable over the next 13 years. At 3.25% p.a., that works out, compounded, as RM13.8 billion. The interest on the full loan on a reducing basis thereafter, will about RM14 billion. Where is the government going to find RM83 billion (55+14+14) to repay CCCC?

As analysed by Mkini columnist P.Gunasegaram, CLICK HERE, ECRL is:

1. A single electrified railway track built on a double-tracking formation for 688km, running from Port Kelang on the west coast to Tumpat on the east!
2. It is not economically or financially viable, given that the RM36 billion west coast double-tracking project is an utter failure in terms of generating profit or servicing loan.
3. Much of the freight volume and rate increases are based on China as a single customer. Can China generate enough business from 2025, transporting goods via ECRL from and to our west coast to east coast. The Chinese may save money bypassing Singapore, but can we generate meaningful profits with a price tag capital cost of RM83 billion? CLICK HERE.
4. ECRL is unlikely to break-even for the next 50-100 years!
5. No estimation has been made for loss of business on the existing railway lines from KL to Mersing and Mersing to Kota Bahru!

Since CCCC is willing to collude with Najib/MoF/1MDB to commit international fraud, this will likely be the route:

1. The contract with CCCC wil incorporate a lot of fake work and bloated prices to justify RM55 billion.
2. Over the next 7 years the crooks will have to issue a lot of false invoices for work NOT done.
3. As CCCC is paid the RM55 billion, it will transfer the money back to China or off-shore. From there it will use the excess RM29 billion to settle 1MDB's debts, claiming either to have bought its infamous fictitious "units" and non-existent "investments for sale" reflected in 1MDB's 2014 balance sheet.
4. CCCC will not pay for 1MDBs fictitious assets in Malaysia, as they will have to overcome regulatory approvals and valuations from Bank Negara and the Securities Commission. Najib is a crooked Finance Minister who will only too willingly break BNM rules to save his own skin, as he did in 2015!


5. 1MDB will then claim that it had liquidated all it fictitious units and investments to part pay its  huge debts estimated currently at about RM80-85 billion. It will gladly falsify its accounts which will be "audited' by well paid and compliant auditors.
6. Who will really pay for it all between 2031-2044? It will be all those young students now who will be saddled with 15-year car loans, 20-year PTPTN loans and 35-year housing loans!

And that is how the sting will be played out by Najib and his government of thieves, looters and plunderers, as they laugh all the way to the bank, happily singing "That's How It's Done, Stupid!"

Unless we stop them. 

Our real enemy is ignorance. UMNO/BN under Najib has killed our education system, with the 'O' level pass mark for some subjects being as low as 15! Many out there just do not understand the danger of a RM83 billion fraud on top of a RM46 billion fraud at 1MDB and another RM30 billion at PPFI (and more). 

This is being passed on to future generations, when under Najib again, our national debt has already more than doubled and ballooned to RM687 billion!

I have read opinions and comments on twitter and Facebook from people who think that projects like the ECRL should go ahead as it will generate economic activity, regardless of the true cost to the Taxpayer.

And as the day soon arrives when we can't pay the train drivers or repair faulty signal lights, relays and railway tracks, what then? Abandon the trains where they stop and complete the journey by foot?

So much for a 'GAME CHANGER', more like a 'GAME CLANGER'!!!

Related blog posts:
1. http://donplaypuks.blogspot.com/2016/10/najibs-next-rape-of-malaysia-after-30.html
2. http://donplaypuks.blogspot.com/2016/11/najibs-144-billion-pie-in-sky-china-con.html

05/08/2017

WAS DPM & HM AHMAD ZAHID HAMIDI BORN IN MALAYSIA OR JAVA, INDONESIA? OF THEN JAVANESE OR NATURALISED MALAYSIAN PARENTS?

by E.S. Shankar




The Wikipedia information on our Deputy Prime Minister and Home Minister Ahmad Zahid Hamidi, not only makes interesting reading, but also throws up some very, very fishy material. 


1. What is Ahmad Zahid Hamidi's real place of birth? Who would be so forgetful about his birth place to the extent that the Wiki bio info had to be amended so many times!

2. Were his Indon parents naturalised Malaysian citizens when he was born?

3. Why was he raised by Chinese foster parents if his own natural mother died in 2011, and his father, in 2014, both in Malaysia?

4. Which year exactly did he actually arrive and start living in Malaysia?

In view of his low IQ and no class racist attack on Dr.M's Indian/Malay ancestry & DNA, Zahid should make public copies of his Birth Certificate, Identity Card and school report card records immediately! 

This worthless schemer who back-stabbed Anwar Ibrahim to save his own skin, is now once again resorting to skulduggery to salvage his political career. But, he's dreaming. There is no way Najib will let him become PM after appointing his cousin, Defence Minister 'Kerismudin' Hishammuddi, as Special Functions Minister in the Prime Minister's Department, in April.

In response to Zahid's ill-planned tirade, Dr.M exposed that as far back as 1996, he had unaccountable wealth of RM230 million. 


Politically and personally, Zahid is finished. He will not make it at GE14.

Perhaps, he will retire gracefully to Ponorogo, East Java, to lick his largely, self-inflicted wounds!

WE ARE ALL OF 1 RACE, THE HUMAN RACE!

15/07/2017

IN 2013 GENTING MADE NEVER BEFORE OR AFTER RM190 MILLION DONATION TO “CHARITIES” CONTROLLED BY NAJIB SHORTLY BEFORE THE GENERAL ELECTION!!!

by E.S. Shankar, Donplaypuks® intrepid correspondent for CSR charity frauds

Why did Genting become so “charitable” to Najib and UMNO/BN as never before or after?

In 2013 Genting sold its IPP business to 1MDB for RM2.3 billion. Genting’s 2013 audited accounts show that it made a staggering RM1.9 billion profit on that sale. It’s obvious that Najib and 1MDB conspired with Genting to inflate the purchase price by RM1.9 billion. AND RM190 million is exactly 10% of RM1.9 billion! Coincidence?

In Genting’s own books, its IPP was valued at RM400,000 million. In actual fact, the IPP was worth next to nothing as the PPA signed with Tenaga was due to expire in 2016.  Tenaga then already had 55% excess capacity (largely due to ridiculously high Kw/hr rates it was arm-twisted to concede to Genting (Lim Kok Thay), Tanjung (Ananda Krishnan) YTL (Francis Yeoh) and Jimah (NS Royal Family) by Mahathir & the EPU). So, all it had to do was wait for the PPA to expire, and they could have bought over Genting’s IPP at rock bottom price! Refer:

CLICK HERE


and


and 


This fraud was further revealed when, after paying Genting RM2.3 billion for the IPP, 1MDB wrote off RM1.2 billion as  permanent loss in value in its 2013 audited accounts!

So, now we know where some of the money Najib and 1MDB Foundation spent like water in so-called Corporate Social Responsibility (CSR) ventures to sponsor free Haj trips, gunny sacks of rice, sarongs, bajus etc. to Malays, came from. Let me also expose that fraud further.

1MDB’s Detoilette audited accounts for the year ended 31 March 2014 shows positive Equity (from 2010-2014) of RM2.4 billion. Refer picture below. In actual fact, from a strict cash point of view, 1MDB had negative equity of RM2.6 billion. This is because, to hide the massive RM2.6 billion loss, 1MDB cooked the books by revaluing its land assets by RM5 billion. This resulted in a huge paper profit, but no cash!

So, 1MDB never had enough cash from profits to embark on fancy multi-million ringgit CSR Haj giveaways through 1MDB Foundation.


All that boasting by Najib & Arul Kanda that 1MDB had contributed a lot to the welfare of citizens, was done by cooking the books, inflating IPP purchase prices and stealing by blatant fraud, over RM19 billion from 1MDB’s funds. At least another RM11 billion is missing from 1MDB’s books, while MoF is hiding behind the OSA to cover-up the SRC/KWAP RM4 billion fraud.

Do you really wonder now why Najib sacked the two previous auditors, EY and KPMG? Or why 1MDB appointed Detoilette where Najib’s son is a partner, and it (illegally) withdrew its 2013 & 2014 audit reports and resigned in 2016? Or why MoF is in no hurry to get 1MDB’s accounts written up for 2013-2017 and get it audited?

Do you not wonder why, if 1MDB had really made all that profit and has RM51 billion of assets as that conman Najib boasted without a clue about analysing accounts, it was unable from 2014 to service loan interest and capital repayments, required RM975 million bailout from MOF, refinancing of RM4 billion arranged by Ananda Krishnan, and had to sell its IPP business, precious Bandar Malaysia & TRX land? Or why it is the Rakyat (MoF) which will have to bear 1MDB's US$6.5 billion (RM28.6 billion) IPIC debt (again)?

This has resulted in 1MDB’s debts mushrooming to RM95 billion reduced by RM10 billion to RM85 billion from sale of IPPs (Edra) for RM10 billion, to CNG China.

The fraudulent inflating of all 1MDB's purchase of IPPs was admitted to by shameless, disgraceful and lying CEO Arul Kanda who offered the lame excuse that it was done to prevent TNB from increasing electricity traiffs. CLICK HERE. 


Of course, as every Malaysian knows, electricity tariffs have never come down. The real reason for all this massive fraud, looting and plundering by Najib and his cronies was to build up a slush fund to get UMNO/BN illegally re-elected, and line Najib & Rosmah's pockets!

Please learn to recognize the real traitors in our midst (musuh dalam selimut) – Najib, Jho Low, Rosmah, Riza Aziz, Ismee, Shahrol Halmi, Chairman & BoD of 1MDB, Arul Kanda, AG Pandi, IGP Kebab, PAC Chairman Hasan Arifin, Chief Sec to Govt Dr. Ali Hamsa, MoF Chief Sec Serigar Abdullah, Cabinet Ministers and Najib balls carriers and apologists like Paul Low, Nur Jazlan, Azalina, Kj, Rahman Dahlan, Salleh Syed Keruak, Ahmad Maslan, fake tengku Adnan, MCA, MIC, Gerakan etc., etc., etc.

Vote them all out or we are truly finished!

27/06/2017

FGVH 2016 PROFIT PLUNGES 78%, CHAIRMAN ISA'S PACKAGE UP 49%, EX-CEO MAVANI WALKS AWAY WITH RM500,000 GRATUITY, GLC'S SITTING ON $7 BILLION SHARE LOSSES, MANAGEMENT IN CRISIS!

by E.S. Shankar, Donplaypuks® intrepid correspondent for oily affairs

The much awaited audited accounts of FGVH Plc for the year ended 31 December 2016 reads a sorry tale of continued incompetency and mismanagement. CLICK HERE.




While turnover was up by about 11%, profits plunged:

1. Profit after tax for the FGVH Group dropped by 78% to RM66 million. Since 2012, profits have sunk by an incredible 93%! At the company level, FGV lost even more - (RM71 million) compared to a profit in 2015 of RM283 million, i.e. a disastrous dive of RM354 million!!!

2. This includes RM53 million written off due to fraud at their Turkey join-venture. The fraud had occurred between 2011-2016, which suggests Chairman Isa and his team have been sleeping on the job for a very long time.

3. It could not be clearer that the situation is really bad with the announcement of a 1 cent dividend per share, yet to be approved by the shareholders.



4. While FGVH is up in flames, Chairman Isa Samad saw his remuneration going up by 49%, from RM1.8 million in 2015, to RM2.7 million in 2016!!!???***##.



5. Things must have really got hot at FGVH, as Najib and Rosmah's handpicked CEO, Marvellous Mavani Da Man , resigned on 1 April 2016 (read as sacked). He, sob, sob, left with a measly gratuity of RM500,000 for a mere 3-year stint.

6. Events have of course somewhat overtaken these pathetic results and performances by Chairman and CEO. In June this year, PM Najib announced Isa Samad's resignation (read as sacked).

But, unfortunately for the Rakyat, this is not the end of the Isa Samad episode.

Isa, who was suspended by UMNO way back in 2005 for money-politics (of at least RM50 million), has now been appointed by Najib as Chairman of SPAD (Land and Public Transport Authority), to fill the vacancy created by the retirement of another Najib crony, Syed Abdul Hamid Albar, ex-Minister for Home Affairs.

SPAD is of course a super Quango created by Najib and UMNO for loyal party stalwarts looking for sinecure (gaji buta) post retirement "jobs", with stratospheric salaries and perks. This is the same for Chairmanship of most GLCs e.g., Petronas Chairman Sidek, ex-civil serpent chief!

7. FGVH's balance sheet does not look too healthy either, with paid up share capital of about RM7 billion reduced by RM3 billion of goodwill on acquisitions of subsidiaries, associated companies and other businesses. Total borrowings stand at RM5.6 billion or 80% of capital. This is made up of RM3.9 billion owing to banks and financial institutions, and RM1.7 billion to a Felda!!!

8. The prospects for improved profits in 2017 do not look too bright, given that global commodity prices have not been galloping upwards. However, FGVH's Group Chief Financial Officer (one of those now suspended by Isa) - we are not clear whose hands are on the steering wheel at the moment - states in the accounts that "we expect 2017 to be a better year". I don't think CFO Ahmad Tifli really believes his own words.

The sacking of Isa Samad was long overdue. One can give excuses such as declining market conditions and global trade downturn for a year or two. But not for five years! The short and the long of it is that Isa Samd is incompetent and knows nothing about business, not even the running of a nasi lemak stall, let alone the world's 3rd largest oil palm plantation listed company (by acreage). He should never have been there in the first place.

However, when the shit hit the fan, Isa tried to shift blame on newly appointed  CEO Zakarai Arshad and other senior executives. He demanded and got their suspension by manipulating and threatening other FGVH board members, dropping Najib and Rosmah's name frequently. Zakaria, unlike ex-CEO, Marvellous Mavani Da Man, would not go down without a fight; he called in the Malaysia Anti-Corruption Commission (MACC), which raided FGVH's HQ and carted off tons of files. CLICK HERE.

A leopard cannot change its spots. Isa had been implicated in a slew of suspicious and dubious "investments", ranging from the infamous tropical salmon caviar project, to over-the-odds acquisition of hotels in UK involving his son. CLICK HERE.

His wife has been accused of freeloading and globe-trotting first class on FGVH junkets. Isa and his wife were called in for questioning by the MACC. CLICK HERE and HERE.

What about Najib's performance? As the chart below shows, many GLC's are sitting on a time-bomb! The ill-advised 2012 listing of FGVH was only possible by Najib coercing these GLC's to invest in the IPO. The result - book losses of about RM7 billion as follows:



The EPF has reduced its FGVH holdings to a mere 0.71%, having registered actual losses of over RM400 million in a sell-out. Similarly, PNB dumped its 58 million shares, losing some RM173 million.

All of this begs the question why serial liar and 1MDB RM46 billion defrauder Najib is still clinging on to Isa Samad. Having laid a big fat, stealthclass, farty, stinky egg at FGVH, can we expect him to deliver anything but a rotten Dud Spud at SPAD? Why indeed? Could it be because of this message floating in cyberspace?



Does Isa Samad hold Najib by his family jewels? Does he really have the goods on what allegedly Najib did one summer with Ziana Zain in a seedy Port Dickson hotel in the 1980's?

Why else would Najib stand so resolutely by an ageing short, fat, balding, ugly, incompetent, corrupt, Humpty Dumpty like Isa Samad!

Why????

24/06/2017

US DoJ REVEALS NAJIB & JHO LOW STOLE RM19 BILLION, ROSMAH RM130 MILLION IN DIAMONDS & GOLD JEWELLERY!





On 15 June 2017, in a 251-page charge sheet, the Money Laundering and Assets Recovery Section (MLARS) of the US Department of Justice served notice to interested parties, that it had filed civil cases to recover some RM5 billion of assets bought with 1MDB funds stolen by Najib, Rosmah, Riza Aziz (Rosmah's son and Najib's step-son), Jho Low and their cronies/nominees. CLICK HERE. 

This includes some additional 17 asset-items to the 20 already listed in their earlier 136-page charge sheet filed on 20 July 2016. CLICK HERE. 

Based on this latest DoJ document, we can trace that RM19 billion was stolen from 1MDB, as follows:


The Us DoJ has yet to file cases to recover the entire RM19 billion. This is presumably because much of it was spent outside the US where it has no jurisdiction to prosecute or seize assets. One can also assume that they are still in the process of identifying the location of many assets.

This is of course the heist of the century. More than that, at least another RM11 billion is missing from the books and bank accounts of 1MDB and another RM 4 billion from SRC.

What is breath-taking is the complete denial by Najib and Rosmah of the staggering scale of theft, looting and spending spree they have been indulging in.


Najib, as is the trademark of a mad serial liar, had denied in Parliament that Jho Low had any position in 1MDB!! And yet, he is now a fugitive apparently hiding in Taiwan, operating from his RM1 billion super-yacht, Equanimity, bought with our stolen money!



When Najib and Rosmah's complicity was exposed by the Wall Street Journal (WSJ) in 2015, he threatened to sue. Even schoolchildren know that this well never happen.

Najib, Rosmah, Riza and Jho Low are the very epitome of greed, vanity and immorality. Their scale of corruption has gone off the charts.






It's incredible that for an ageing, short, fat and balding woman who looks like the back end of a worn-out bus (not that its front-end would be any prettier), our so-called FLOM should entertain the slightest notion that RM130 million of diamonds and gold jewellery would somehow make her look more attractive and endearing to a seething public. Now, she can only run her fingers through them in private, as she dares not be seen in public wearing her ill-begotten gains. The US DoJ has not listed this RM130 million bought for her by Jho Low as among the items they wish to seize. Rosmah is identified by them as 'Wife of MO1' i.e wife of Najib!



However, they are seeking seizure of RM44 million of pink diamonds and jewellery Jho Low lavished on Australian model Miranda Kerr, in a wooing spree that might make even a Rockefeller look like a cheapskate. Alas, she ditched him and married Snapchat billionaire Evan Speigel in May 2017. Having oodles of (stolen) money is one thing; looking like a shorter version of (a crooked) Billy Bunter is another. Perhaps, Miranda Kerr is a lot smarter than your average Victoria's Secret model on the lookout for a billionaire sugar daddy or meal-ticket for life. Who'd want to hitch-up with an ugly version of a Teletubby, who could soon be pacing a cell-space in San Quentin State Prison,  California, US of A?

What should concern us most is that Najib is no longer mentally fit to be PM. Not only has he brought government and the office of the prime minister into utter disrepute, he is openly promoting a culture of thievery and corruption in UMNO/BN and the civil service. He is completely insane! He belongs in Tanjung Rambutan (mental asylum). He can no longer distinguish between right and wrong or integrity and honesty. The same applies to Rosmah. The fact that their names keep cropping up in 3 murders - Altantuya, Hussein Najadi and Kevin Morais - only adds to our wretchedly gloomy outlook for Malaysia's future

It is therefore the duty of the King and the Council of Rulers to do what is right, and send them all to where they really belong - Bamboo River Resort or Tanjung Rambutan, for the rest of their natural lives.

There is of course the democratic route to disposing of Najib; but with the money he has plundered from 1MDB and SRC, he is capable of buying himself another term as PM. We MUST NOT allow that; we cannot take that chance. The religious extremism and racism we see galloping away in Malaysia is the result of Najib willing to turn us into an Iran or Taliban/ISIS State, if that is what it will take to keep himself in power.

We are at a cross-roads. If we do not throw Najib and his government of thieves, plunderers, looters and murderers out by taking the bull by its horns, then get ready your boat!

19/06/2017

ROTI JALA'S OSA FGVH REPORT TO NAJIB LEAKED!

For reason's best known to PM Najib, he appointed Roti Jala, of Transformers fame, the serious task of unraveling the mess in Felda Global Ventures Holdings Plc (FGVH). Roti Jala, who normally does not take anything seriously, but waffles and bluffs his way through complicated economic theories, was only too glad to help Najib, considering he had no real job.

Roti Jala had convinced Najib to ditch Mahathir's Wawasan 2020, (Vision 2020) announced in 1991, to be replaced by GTP, ETP, NTP, PEMANDU, KRA, NKRA, KPI, Transformers, Autobots, Decepticons, Maximus Prime and Megatron. If Roti Jala had hoped to confuse everyone by blinding them with acronyms, he succeeded exceedingly well.

In his previous job as MAS CEO, he had succeeded in convincing Najib and UMNO that MAS was only a teeny-weeny step away from overtaking SIA. He did this by selling off MAS HQ for about RM1.8 billion and claiming MAS had "turned the corner". Predictably, MAS collapsed shortly after Roti Jala departed to PEMANDU, driven by an ambition that said, if you want to fail, FAIL BIG!

PEMANDU was put in cold storage after it was found that they had not achieved national income growth targets and had been massaging statistics with unrealistic projections and moving base years to give 'feel-good' numbers. So, Roti Jala and Najib came up with TN50 - Tipu Negara 50Tahun with a budget based on Najib's acute and nimble mathematical skills and budgeting expertise, viz, the gaffe of 26-9=15!

As in UMNO/BN, and particularly under Najib, big failure is always rewarded with bigger promotion. Roti Jala, driven to success and intoxicated with power, became owner of privatised PEMANDU and Chairman of Heineken! CLICK HERE.

Roti Jala, appointed in his "personal capacity" (whatever the eff that means), had hoped that his in-depth and scintillating Top, Top Secret FGVH report to Najib would be kept under lock and key, so that his brilliant transformational change recommendations could be swiftly implemented. 

But, unfortunately for him, and fortunately for the Rakyat, the report was leaked to Donplaypuks®. 

Here it is:

14th June 2015 2016 2018
His Royal Highness and My Personal God Najib Tun Razak
Sir/Tuan (delete as appropriate)

I refer to my recent appointment in my"personal capacity" (whatever the eff that means) to look into the affairs of FGVH. 

In actual fact, I had completed my report within 5 minutes of arriving at FGVH HQ last week. But, Chairman Jesus Asmad had insisted on Buka Puasa with a sumptuous feast of roti jala, rendang jala, nasi lemak jala (takde telur) and teh tarik jala. All that took another 6 days. I digress. Here are my findings:

1. There is no rumour to the truth that there were incidents of corporate misgovernance, malfeasance, misfeasance, corruption, misappropriation of funds, false accounting, crony award of multi-billion ringgit inflated contracts, fraud or money-laundering.

2. Any rumour to the truth is the result of a George Soros, Jewish, Zionist and Singapore conspiracy and plot.

3. It is true that FGVH shares prices have dropped by a disastrous average of 65%, from the 2012 IPO price of RM4.55 to RM1.60. As a result, FELDA and other GLC's have suffered about RM8 billion book loss on FGVH shares. In no way is this His Royal Highness and My Personal God Najib Tun Razak's fault even though you had inflated the IPO price with unsustainable projections and forced the GLC's to buy the shares after threatening their Chairmen, CEO's and directors with sackings. Not to mention failing to provide for replanting costs in the IPO projections.


4. While it is true that FGVH profit after tax dropped by 67% between 2012-2015, and that Chairman Jesus Asmad's remuneration had increased by over 200% during the same period, he is not to be blamed. He should not be sacked or asked to pay back his gaji buta bonus. We should blame Anwar Ibrahim, Lim Kit Siang and/or Dr.Mahathir.



5. While it is true the recently departed Marvellous Marvani Da Man was the CEO, he too should not be blamed for FGVH's disastrous drop in profits. After all, what would happen to all our GLC's if CEO's were forced to be accountable for profit performance? Surely, it is due to the lack of support from the Chinese (apa lagi Cina mahu?), Indians (all gangsters and hit-men) and the lazy non-Muslim heathens and buggers in The Land Below The Wind and the Land of the Hornbills.

RECOMMENDATION

There is only one way to restore FGVH to 2012 profit levels:

1. Pray hard and hope God will smile upon us. OR

2. For a small remuneration package of RM12 million a year plus share options of RM500 million, I am once again, in the interest of Tanah Air Ku, willing and prepared to make great sacrifices and be appointed sole MD of FGVH and FELDA. (Shahrir Asmad who has already received RM1 million you stole from 1MDB/SRC so generously gave from your own pockets, knows as much about the oil palm industry as he does about quantum physics).

The office of Chairman will be abolished. Charimakan Jesus Asmad will have to be prematurely terminated and punished severely with a severance package of RM100 million. After all, he has sacrificed so much to ensure FGVH did not totally collapse, by shifting the blame to others.

I hope to hear from you soon confirming my new job.

Faithfully


Paul Roti Jala
(In my "personal capacity" whatever the eff that means)