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Malaysia Today - Your Source of Independent News


Liu shows proof it was all BN’s work

Posted: 27 Oct 2012 04:04 AM PDT

Selangor state exco Ronnie Liu presents documented evidence showing BN's hand in approving the Batu Caves condominium project

Leven Woon, FMT

BATU CAVES: The Selangor state government today provided evidence showing Barisan Nasional's hand in approving the proposed condominium project near the Batu Caves Temple.

Ronnie Liu, the Selangor executive councillor (exco) for local government today showed planning approvals issued on Nov 30, 2007  that details the height, size and type of the development slated on the land.

"The approval, signed by the then Selayang Municipal Council president, Zainal Abidin Azim, was done with the full knowledge of the then BN councillors," he said.

"The planning approvals state clearly that the whole development consists of two blocks of 29-storey service apartment, and another 25-storey apartment, with shophouses fronting it.

"Hence, no one, including the Batu Caves temple committee chairman, should put the blame on the Pakatan government," said Liu at the site of the proposed development.

Liu's revelation comes a day after a protest by about 300 people against the project, calling Pakatan state government to scrap the project.

Deputy Foreign Minister, A Kohilan Pillay, who was a MPS councillor at that time, said that BN was only responsible for the issuance of the preliminary planning approval.

He blamed Pakatan for the subsequent building approval and marketing proposals, paving the way for the project to take shape.

Debunking the claims today, Liu said the state government could not do anything after a planning approval is issued.

"Planning approval means an overall greenlight.  Kohilan is trying to bullshit everyone by saying that we can give planning approval but not execution approval," he said.

He explained that the building approval, which was issued in March 2008, was the work of the BN councillors.

He said this was because the Pakatan Rakyat councillors were only sworn in, in July 2008, though they took over the state leadership in March after the general election.

Not bothered by legal threat

When asked about the marketing approval, Liu said it was under the purview of the Ministry of Housing and Local Government.

"It has nothing to do with us. Nothing has been done by Pakatan to support the project," he said.

READ MORE HERE

 

S'gor MB challenged to explain proposed sale of PKNS assets

Posted: 26 Oct 2012 07:25 PM PDT

(Bernama) - Yet another Barisan Nasional (BN) leader has challenged Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim to explain the proposed sale of five assets of the Selangor State Development Corporation (PKNS) valued at RM321 million by the PKR-led state government.

Puteri Umno chief Datuk Rosnah Abdul Rashid Shirlin said today Abdul Khalid should explain the rationale for the proposed sale and its impact on bumiputera entrepreneurs operating businesses at those premises.

The five assets are the Menara PKNS in Petaling Jaya, the Shah Alam Convention Centre (SACC) Mall in Shah Alam, the PKNS Complex in Shah Alam, the PKNS Complex in Bangi and Wisma Yakin in Jalan Masjid India here.

"Can the Selangor government give an assurance that the potential owners of the five assets would ensure the welfare of the entrepreneurs?" she asked in a statement.

Rosnah, who is deputy health minister, was commenting on the controversy over the proposed sale of the assets by the Selangor government which is feared would be a loss to the people of the state, particularly the bumiputeras.

She said Abdul Khalid, as a former corporate figure, should be more mature and enhance development of the state without subjecting the people to injustice.

"Tan Sri Abdul Khalid cannot assume that the Selangor state administration is a business which is concerned only with profit and development without considering the welfare of the people.

"Is the sale of the five assets the best solution? Why was the decision (to sell) made now? Is PKNS facing a financial problem? These are questions demanding answers," she said.

Rosnah said PKNS should be increasing its holdings and not reduce them through sale.

Selangor Umno Liaison Committee deputy chairman Datuk Seri Noh Omar had also questioned the proposed sale of the PKNS assets.

 

Local councils a law unto themselves

Posted: 26 Oct 2012 06:45 PM PDT

Lack of accountability and transparency in the Batu Caves condo project is the result of 50 years of Umno-BN rule, says DAP's S Ramakrishnan

Athi Shankar, FMT

The condominium project approved by the BN-led Selangor government in 2007 near Batu Caves has highlighted the lack of accountability and transparency in local councils, said DAP Senator S Ramakrishnan.

He said the two 29-storey project, slated to be built adjacent to the Hindu temple showed that the over 50 years of BN federal rule had made local councils a lord unto themselves.

He took the Selayang Municipal Council to task for approving the Dolomite Park Avenue condominium project on Sept 26, 2007 despite the federal declaration's of the 272ha Batu Caves Reserve as a national heritage site that same year.

He hit out at the council for approving the project without an environmental impact study and called for a review and reevaluation of the project altogether. The beauty of the area was in the caves, hill structures, and the many varieties of unique and inimitable flora and fauna.

He said that in 1930, the Batu Caves Hill was reserved as a site for public recreation (Federated Malay States Government Gazette Notification (GN) No 4712-30, part-revoked by GN 652-54; and the Selangor State Government Gazette GN 312-59), while in 1980 the state government agreed to stop quarrying at Batu Caves to protect the hills and caves.

"The federal declaration affirmed the status of Batu Caves as a unique site of national interest. Yet the MPS approved the project," said Ramakrishnan.

He said current Selangor Menteri Besar Khalid Ibrahim had called for local councils to be reformed.

Local councils must be made accountable -

However, Ramakrishnan said the dominant federal ruling party, Umno, had lost the moral authority and leadership to reform them.

He called for a change of government to initiate reforms and accountability of local councils to rate payers. "Local councils must be made accountable for their decisions," he said.

The Senator also commended the Malaysian Nature Society (MNS) for monitoring and protecting the dark caves and lime stone structures within the Batu Caves.

READ MORE HERE

 

DAP’s ‘gesture of goodwill’ to SAPP

Posted: 26 Oct 2012 02:37 PM PDT

Party opens door to Sabah Progressive Party to contest in three state seats within the Kota Kinabalu parliamentary constituency 

(FMT) - KOTA KINABALU: In a shrewd move to show it is willing to compromise to break the political deadlock in Sabah, the DAP said it will not be contesting all the Chinese majority seats in Sabah in the coming general election.

A senior DAP official speaking on condition of anonymity said the party had agreed to open the door to the Sabah Progressive Party (SAPP) to contest in three state seats, all within the Kota Kinabalu parliamentary constituency as a "gesture of cooperation and goodwill".

"But that is about it," he said yesterday. He was commenting on DAP Sabah chief, Jimmy Wong's announcement last Sunday that the DAP would be contesting in three parliamentary seats and seven state seats in the general election.

According to the official, DAP would make way for SAPP in Api Api as they had heard that SAPP president Yong Teck Lee would be its candidate there, although there have been indications from the party that he might contest in his previous constituency of Likas.

Political observers say the clash between Yong and his archrival, BN's Dr Yee Moh Chai, who is the incumbent state assemblyman for Api-Api, would be more worthy and satisfying for the former chief minister.

Yee is a Deputy Chief Minister representing the Chinese community under a peculiar system in the state's Umno-led BN coalition government that breaks up existing power structures so as to prevent smaller power groups from linking up against Umno.

He is also the state's Resource Development and Information Technology Minister and a deputy president of Parti Bersatu Sabah (PBS), a party that observers say has lost the goodwill of the Chinese community.

If Yong were to contest in Likas, he would be taking over from his close aide Liew Teck Chan and be open to being accused of practicing nepotism by his critics. As for Luyang and Likas which also come under Kota Kinabalu, the senior DAP official said it was only fair that SAPP be given the chance to defend the seats as they were the incumbents.

The DAP will defend its Kota Kinabalu parliamentary seat through incumbent MP Hiew King Cheu, an engineer, as well as field candidates in Sandakan and Penampang.

"We are still wary about SAPP as they refuse to officially join Pakatan Rakyat and as such it would be a big risk to us if they were to be allowed to contest more seats," said the senior official, explaining the rationale in giving way to SAPP in three constituencies only.

'SAPP's strength is in Kota Kinabalu'

The opposition coalition which is made up of peninsular-controlled parities is also standing its ground on not giving way to the local party in Sandakan as the incumbents are now in Gerakan, also a peninsular-controlled party.

"Look, SAPP cannot even hold on to what they have and if they are given more and they win, we would never know until it's too late if they would cross over again," said the official.

"It is better to be safe. Furthermore, SAPP does not have calibre candidates for the Sandakan seats, so it's no point contesting there. Their strength is in Kota Kinabalu so it is best they focus all their resources here."

SAPP has claimed it has bases throughout the state and is capable of fielding candidates in a majority of the 60 state and 25 parliamentary constituencies.

DAP wants to field veterinarian Dr Edwin Bosi in the Kadazandusun-majority district of Penampang where PKR's Darrel Leiking is also among the contenders. DAP is also eyeing the neighbouring constituency of Kepayan.

READ MORE HERE

 

MACC report against Palani’s aide

Posted: 26 Oct 2012 02:35 PM PDT

Several businessmen claim corrupt practices in the handing out of cooking oil packing contracts to Indian contractors.

B Nantha Kumar, FTM

Several businessmen have lodged a report with the Malaysian Anti-Corruption Commission (MACC) against a senior and most trusted aide of cabinet member and MIC president G Palanivel.

The report is over alleged corrupt practices involved in the handing out of cooking oil packing contracts overseen by Palanivel in his capacity as the lead minister of Indian Affairs in the Prime Minister's Department.

The report accused Dr S Vijendran, who until last week was the political secretary of Palanivel but has since been redesignated as private secretary to the minister, of manipulating the cooking oil packing contracts to favour one particular contractor.

"We are frustrated with Dr Vijendran's involvement in the cooking oil packing contract which is supposed to be open for all deserving Indian entrepreneurs," said one of the complainants who wished to be unnamed for now.

He said that the MACC should take immediate steps to look into the alleged corrupt practices as it was hampering the growth of genuine Indian entrepreneurs. The report was made yesterday despite it being a public holiday.

"If there is no action taken soon, we will hold a rally against Palanivel for still relying on Vijendran on matters involving the Indian business community," he said.

Cooking oil packing contract

Giving a background to the cooking oil packing contract, the businessman said the federal government had recently agreed to award the contract to Indian entrepreneurs as a way to give them room to be successful in business.

The distribution of the contract was handled by Suria Cooperative Society which is chaired by Palanivel, who had then left it in the hands of Vijendran to pick the deserving Indian businessmen to service the contract.

Originally seven Indian companies had been identified for the contract but five of them were rejected for not holding a Domestic Trade, Cooperatives and Consumerism Ministry (KPDNKK) licence.

And from the two qualified companies, Vijendran allegedly decided to pick only one as the other did not apparently meet the requirements set by Suria Cooperative Society.

At the same time, Vijendran also had allegedly turned away other companies who had obtained the KPDNKK licence. He is also accused of asking these new companies to become sub-contractors to one particular company.

"Why is he giving special privilege to the particular company when the contract is meant to help the Indian business community? Why is Palanivel keeping quiet over this matter?" asked the complainant. He wants the MACC to investigate this.

He also claimed that Vijendran's action had only resulted in the sole contract winner of making hefty profits.

"By having more Indian companies on board, more people would enjoy the benefits instead of one or two connected individuals," he said.

READ MORE HERE

 

Genneva gold storm poses political risks ahead of polls

Posted: 26 Oct 2012 12:25 PM PDT

http://www.themalaysianinsider.com/images/uploads/2012/october2012/27/gold-oct27.jpg

(The Malaysian Insider) - The action against Genneva has resulted in pressure on the Najib administration to resolve the controversy that has put 300,000 livelihoods at stake — according to Genneva contractors and customers who spoke to The Malaysian Insider — and which could impact the Barisan Nasional (BN) government's chances in the 13th general election that must be called by next April, less than six months away.

While many Muslim Malaysians are kicking back at home with their extended family over a feast of roasted meats and laughter this long Aidiladha weekend, Genneva Malaysia gold trader Che Surin Jusoh is struggling to explain to her five-year-old son why they cannot return to Kedah for the holidays.

"My son will ask 'Ma, kenapa tak bawa keluar? Lama tak jalan-jalan' (Ma, why haven't you taken me out? Long time since we've gone out)," the 32-year-old banker-turned-gold-seller told The Malaysian Insider earlier this week, as city dwellers began their annual rush home to celebrate the Muslim holiday.

"I don't know what to say... I only have RM1,000 to RM2,000 in my bank account," the mother of two young children — her younger child, a girl, is two years old — and the sole breadwinner in the family added, her voice sounding thick as she fought to prevent a sob from escaping.

Che Surin is among the 60,000-plus sellers and buyers who have been left nearly broke after Bank Negara raided the firm and seized 200kg of gold bullion estimated to be worth a whopping RM40 million from Genneva Malaysia's premises in Jalan Kuchai Lama here on October 1. 

The gold bars stacked up in a Genneva Malaysia office awaiting distribution to paid customers before the October 1 Bank Negara raid. — Picture courtesy of Che Surin Jusoh
Singapore's Commercial Affairs Department had also conducted a similar operation against Genneva Pte Ltd in Singapore.

It has been reported that the scheme operated by Genneva offered extremely high returns of up to 24 per cent per annum.

How the scheme worked was the gold was priced at between 18 per cent and 20 per cent above market rate, and purchasers were paid guaranteed monthly returns of about three per cent. The physical gold was not passed to the buyer and the company would buy back the investment after the end of the contract period, according to a New Straits Times news report on October 5 highlighting several dissatisfied customers who lodged police reports against the company.

This meant that the customer's return on investment appeared to have been funded by the principal capital put into the scheme which was above the market rate for gold.

Bank Negara has also frozen Genneva Malaysia's accounts, cheques and other assets, on suspicion the company violated various banking and financial laws which include taking deposits without giving gold in return, money laundering, evading taxes, appointing agents without licence, failing to file statutory documents, and misrepresenting itself as an investment firm and giving false descriptions on its business after several people lodged complaints with the police.

The central bank's actions sparked an immediate outcry from the 6,000 salesmen contracted to sell and buy back gold from Genneva Malaysia who have rallied to the company's defence and its 60,000 customers from all walks of life, including professionals from the banking industry like Che Surin, pensioners, students, and The Malaysian Insider understands politicians and various foundations that have been working to fund charities like orphanages. 

Bank Negara has yet to press charges against the company's directors.

Dr Mahathir launched Genneva Malaysia on December 15, 2010. — Picture courtesy of Shereen Lim
The action against Genneva has resulted in pressure on the Najib administration to resolve the controversy that has put 300,000 livelihoods at stake — according to Genneva contractors and customers who spoke to The Malaysian Insider — and which could impact the Barisan Nasional (BN) government's chances in the 13th general election that must be called by next April, less than six months away.

The Malaysian Insider understands that Putrajaya is well aware of the potential political fallout but there is concern that a bailout of any kind would involve several billion ringgit and would be a moral hazard.

For Che Surin who had worked for three banks before signing up with Genneva Malaysia in February last year, the company's unusual business operations had proved to be a godsend when she encountered financial woes two years ago which put her in what she called " my dark summer of 2010". 

"I could not pay my bills then," she said. 

The round-faced tudung-clad woman recounted that she was initially sceptical of Genneva Malaysia when her bank customers sung its praises to her.

"When I joined, I was not 100 per cent convinced," she said, but related that she dabbled in trying out the buying-and-selling back the gold scheme over a five-month period before becoming confident that it could work.

What truly sold her on the Genneva idea was the public endorsement campaigns headlined by dignitaries like Deputy Finance Minister Datuk Donald Lim and former Prime Minister Tun Dr Mahathir Mohamad who had encouraged Malaysians to buy gold instead of putting their faith in paper money during his speech at the syariah-compliant company's launch on December 15.

Despite the action taken by authorities in Singapore and Malaysia, Che Surin and three other Genneva Malaysia contractors — what the company designates as its salesmen — told The Malaysian Insider that they strongly believe the company management had acted above board. 

They bristle with indignation that the company is a Ponzi scheme or a get-rich-quick scheme despite the exceptionally high returns which many government officials and critics have pointed out was too good to be true.

"We are not investors. That's the misconception," said 54-year-old retiree Shereen Lim, who pointed out that Genneva Malaysia's management had published advertisements in all the mainstream dailies, including the vernacular newspapers, to educate the public on what it was last March, following Bank Negara's advice after its last audit and dialogue session with the company.

Read more at: http://www.themalaysianinsider.com/malaysia/article/genneva-gold-storm-poses-political-risks-ahead-of-polls/

Kredit: www.malaysia-today.net

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