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Malaysia Today - Your Source of Independent News


GLCs were part of Malay equity, says Dr M

Posted: 23 Oct 2012 10:42 PM PDT

Lee Wei Lian, The Malaysian Insider

The country's government-linked companies (GLCs) were once considered part of bumiputera equity, said Tun Dr Mahathir Mohamad today, which could mean that bumiputera corporate holdings might have exceeded the original 30 per cent target in the past.

The former prime minister said that GLCs and state investment arm Khazanah Nasional were established to hold equity in trust while Malays strengthened themselves economically and that the equity was meant to be later distributed to the Malays.

He said that GLCs were established in trust for Malays but have since deviated from their original purpose.

"GLCs are holdings in trust and were considered part of bumiputera equity," said Mahathir (picture) at a press conference today after closing the Malay Economic Congress here. "Now the holdings belong to the companies concerned and they cannot be regarded as bumiputera holdings."

The definition of whether GLCs are considered part of Malay equity could have implications on affirmative action programmes for Malays as many Umno leaders maintain that Malay equity stands at only about 20 per cent today, which is below the target of 30 per cent set in the New Economic Policy (NEP).

If GLCs, which comprise a large chunk of the economy and also make up a significant number of the benchmark FBM KLCI index components, were at one time considered to be Malay equity, it is possible that the 30 per cent target was exceeded in the past.

State oil company Petronas is also Malaysia's sole representative in the Fortune 500 list of the world's largest companies.

Some observers have argued that GLCs appeared very much to be Malay companies due to their management and employee makeup as well as their activities and should be counted as Malay corporate holdings.

The government has said that GLCs cannot be considered bumiputera equity as they are controlled by the government.

The Malay Economic Congress also passed a resolution today criticising GLCs, and in particular Petronas, Khazanah and PNB, saying that they should have a stronger Malay agenda.

 

Malay congress proposes direct negotiation for Malays for projects below RM100m

Posted: 23 Oct 2012 10:38 PM PDT

Lee Wei Lian, The Malaysian Insider

The Malay Economic Congress passed a resolution today proposing that government tenders worth less than RM100 million be directly negotiated with Malay companies.

The congress also called for GLCs to have a strong Malay agenda and that they be monitored with key performance indicators (KPIs).

"The new economic policy has not achieved its objectives," said Datuk Syed Ali Alattas, president of the Malay Chambers of Commerce Malaysia (DPMM).

"The gap between Malays who are the majority race and heritage of this country and other races is growing and increasingly worrying."

He also said that government agencies have "lost their spirit" to help Malay entrepreneurs.

Other resolutions include a stand against corruption, cronyism and abuse of power and a call for the revamp of Teraju, a bumiputera economic development agency.

The congress said that "weak leadership" in Teraju was the main reason for the failure of several Malay agenda initiatives.

These include failures to allocate economic opportunities to Malay entrepreneurs, the failure to allocate funds for business viability studies and lack of clear direction and communication.

The congress said that the head of Teraju needed to be changed to someone who had high aspirations for Malays and ministerial powers.

The congress also wanted special courses for government staff and politicians to educate them on the Malay agenda.

It also called for priority for local companies and bumiputeras in government tenders.

Another resolution proposed the establishment of an audit firm run by Malays to audit GLCs and government agencies.

 

Malaysia opens schools for migrant workers’ kids

Posted: 23 Oct 2012 09:29 PM PDT

http://t0.gstatic.com/images?q=tbn:ANd9GcT5Bs8ircdJR1_sRCkVuTVmmy6SEan-OsbU4qYz80qtpgVUD7-AYCESwqufvw

But Tamil schools ignored

(The Jakarta Post) - Malaysia has agreed to open 22 schools for the children of Indonesian migrant workers in Sabah, according to a senior Indonesian official.

Foreign Minister Marty Natalegawa said on Tuesday that the agreement was announced by his Malaysian counterpart, Anifah Aman, during the 12th meeting of the joint commission for bilateral cooperation between Indonesia and Malaysia in Yogyakarta.

"This is the agenda we have been pushing to get approved. It has just now been announced that [Malaysia] has approved the establishment of 22 schools," Marty told reporters after the meeting.

Although the Foreign Ministry had no information on the number of children of Indonesian migrant workers in Sabah, many are said to lack access to school for a variety of reasons.

Marty said that the schools, which would be set up as community learning centers, would allow the children to get an education. "Some of the schools are even already operating," the foreign minister said.

Separately, Foreign Ministry spokesperson Michael Tene said that the new learning centers would be operated as an extension of the Indonesian schools currently run by Indonesian officials in Malaysia.

"They [the schools] will be affiliated with Indonesian schools in Malaysia and the teachers will also be from Indonesian schools," Michael said.

Also discussed during the meeting were efforts to address the South China Sea dispute between China and ASEAN member nations Brunei, Malaysia, the Philippines and Vietnam, according to Marty.

Beijing claims almost the entire sea, which is said to hold rich reserves of oil and gas.

Indonesia has prepared and circulated a draft of code of conduct (CoC) for the South China Sea to ASEAN foreign ministers and to China that includes stipulations for conflict prevention and management in the area.

Marty said that the ASEAN Senior Officials Meeting in Phnom Penh, Cambodia, discussed the initial draft of the code of conduct.

"Hopefully, ASEAN nations and China will end the dispute through diplomatic settlements," the foreign minister said.

Marty said that he hoped the ASEAN Summit to be held next month in Cambodia would provide solutions to the dispute, thus avoiding the failure that occurred during the association's last summit in July.

Delegates at the meeting on Tuesday ratified opportunities for possible cooperation in various fields and discussed holding a head-of-government meeting between President Susilo Bambang Yudho-yono and Malaysian Prime Minister Abdul Razak in Kuala Lumpur in December, according to Marty.

The foreign minister said that Indonesia and Malaysia had also agreed to use the legal process to resolve incidents involving their citizens who run foul of the law in the neighboring country, such as in drug trafficking or fishing disputes.

"Hopefully everything will be managed better in the future," Marty said.

 

Dr M: ‘Weak’ Najib won’t heed Malay concerns

Posted: 23 Oct 2012 07:32 PM PDT

The former premier said this is because the Malays are no longer the kingmakers and are now reduced to being 'beggars' in their own land.

Syed Jaymal Zahiid, FMT

Dr Mahathir Mohamad today called the Najib administration "weak" and said it will not entertain the concerns of the Malays, especially its business community, as they are no longer the country's kingmakers.

The former premier said the division among the country's majority electorate has made them fragile and forced the present government to depend on the support of "others" in an apparent reference to the non-Malays.

This is the second time Mahathir had openly called Prime Minister Najib Tun Razak's government "frail", saying it is forced to make key concessions to non-Malay demands in the hope of winning their support in the upcoming national polls.

"I do not believe this government will take your demands seriously," he told the 2012 Malay Economic Congress held here.

"This is because we [the Malays] no longer hold anymore political power… we have become a beggar in our own country," he added.

The congress, in its resolutions passed today, criticised the Najib government for what it described as its failure to uphold the New Economic Policy, a system meant to enhance Bumiputera economic participation through race-based affirmative action programmes.

Mahathir claimed that Bumiputeras, forming 60% of the electorate of which the majority are Malays, are forced to fight for "what is theirs" silently as they feared being labelled as racists.

'I am no racist'

The former prime minister, who served for 22 years, said however, if the non-Malays are vocal in protecting their interests they would not be viewed as racists.

"But I am not a racist. I want the wealth of this resource-rich nation to be shared equitably.

"I am not asking for much. We form 60% and we are only asking for 30% and they can take the rest. But even so, we are not getting the 30%," he said, referring to the 30% equity ownership programme under the NEP.

READ MORE HERE

 

‘CAT’ culprit identified

Posted: 23 Oct 2012 07:23 PM PDT

A report prepared by the state PKR leadership, according to sources, points the finger at a young newcomer. The report alo suggests the possible masterminds behind the leak. 

Athi Shankar, FMT

Penang PKR may have identified the culprit who let the "CAT" out during a casual meet-up between Deputy Chief Minister I Mansor Othman and several local ethnic Chinese members.

Sources said the state leadership had submitted a comprehensive inquiry report on the CAT – "cocky arrogant, tokong" – issue to the national leadership for further action.

The report was prepared based on findings of the state-level internal inquiry conducted early this month by a panel headed by party state vice-chairman and Penang Speaker Abdul Halim Hussain.

Sources said the inquiry report contained compiled facts and evidence from all witnesses.

Since the inquiry was concluded, speculations had been rife that the culprit could be a young party newcomer, who is a member of a division headed by a prominent and ambitious PKR assemblyman.

However, it was not clear whether or not the person's name was mentioned in the report.

But insiders said the report had indicated to the national party leaders a clear picture on the highly likely person to have secretly recorded the meeting proceedings.

Since the speculated culprit was a newcomer, the report is said to have suggested few senior politician names as possible mastermind behind the alleged conspiracy to oust Mansor from state politics.

It is learnt that the identified person could be one who was heard in an alleged audio recording of the closed door casual meet up asking a lot of questions.

The alleged audio recording was aired during TV3 prime time on Sept 24.

If the audio recording was authentic as claimed by TV3 sources, then Mansor could clearly be heard using the words "angkuh" (cocky) and "sombong" (arrogant).

He also allegedly described Lim endeared like a "tokong" (deity) to the Chinese community.

When the CAT controversy first emerged as a hot issue in August, Mansor denied he described Lim as "cocky and arrogant", but admitted saying "tokong" in a positive note.

However, when asked again after the TV3 airing, Mansor did not deny the audio recording contents.

READ MORE HERE

 

Make Malay agenda ‘top priority’

Posted: 23 Oct 2012 07:14 PM PDT

A resolution at the Malay Economic Congress also said the government had failed to implement the NEP equitably. 

Syed Jaymal Zahiid, FMT

The Malay Economic Congress demanded that the "Malay agenda" be Putrajaya's top priority.

The demand reflected the growing frustration among Malay businesses over Putrajaya's liberal directions and the contention that the New Economic Policy had failed to elevate the community's economic status.

The race-based affirmative action NEP was created in the 1970s to boost the ethnic majority's business participation through a 30% equity ownership programme, but the target had not been achieved up until today.

Although the policy created a large pool of Malay middle class, genuine supporters of the system, often mid to low-level Malay businesses, lamented the widespread abuse of the system by "cronies" linked to the ruling party.

Today's congress reflected that sentiment.

In its resolutions, the congress criticised the Najib administration's alleged "lack of support" for the Malay business community, especially on the growing choke-hold of government-linked companies (GLC) on government contracts.

The demands included assurance from the prime minister that all GLCs have a clear Malay agenda with a key performance index system in place to ensure they "partake in the economic advancement of the Malays".

Leaders failed NEP

Malay Chamber of Commerce president Syed Ali Alattas in his speech at the congress here criticised the GLCs for their alleged failure to carry out their duty as the vanguard of the NEP.

"There was no sense of urgency on the part of the government to address the poor implementation of the NEP," he said.

READ MORE HERE

 

PAS Youth calls for MCA to apologise over rape comments

Posted: 23 Oct 2012 07:07 PM PDT

Leannza Chia, The Malaysian Insider

A group of PAS Youth members held a peaceful protest today against MCA over comments made by party president Datuk Seri Dr Chua Soi Lek that the Pakatan Rakyat party and Islam condoned the rape of non-Muslim women, which they said was an insult to the religion.

Five members of the group handed a memorandum to MCA Youth secretariat officer Leonard Tan calling for the Barisan Nasional (BN) party to apologise.

The memorandum also stated that if MCA does not respond within a week, they would send a further memorandum to the King asking him to intervene.

About 100 supporters from both PAS Youth and PKR Youth gathered in front of Wisma MCA, Jalan Ampang here to protest against Dr Chua's (picture) statements.

They also carried placards saying "Don't degrade Islam (Jangan Hina Islam)", "Soi Lek Should Apologise (Soi Lek Wajib Minta Maaf)" and "Don't challenge Muslims (Jangan Cabar Umat Islam)".

The group was responding to MCA president Dr Chua's remark over the weekend when agreeing with a Wanita MCA leader's view that PAS condones the rape of non-Muslim women, pointing out that PAS spiritual leader Datuk Nik Aziz Nik Mat had made the opinion clear in a speech four years ago.

 

NGO group accuses Anwar of approving Scorpene deal

Posted: 23 Oct 2012 07:01 PM PDT

Ida Lim, The Malaysian Insider

Datuk Seri Anwar Ibrahim approved Malaysia's controversial purchase of Scorpene submarines when he was Finance Minister in 1995, a group of non-governmental organisations campaigning against Suaram's role in pushing for investigations, said today.

French shipbuilding giant DCNS won the €1 billion contract in 2002, when Anwar was still serving a jail sentence for his 2000 sodomy conviction, but the group alleged today that he had approved it when he was Finance Minister in the 1990s.

"Why didn't Suaram reveal that the Scorpene purchase was actually made by Datuk Seri Anwar Ibrahim?" Dzulkarnain Taib, president of the Young Journalists Club, asked at a press conference today.

He alleged that the Scorpene issue was first discussed in Cabinet in 1991.

"In 1995, the then Finance Minister Datuk Seri Anwar Ibrahim had approved the Scorpene purchase," Dzulkarnain said.

He traced the chronology of the purchase of the two Scorpene submarines, saying that the deal was inked between the Malaysian government and French companies in 2002, while the vessels were handed over to Malaysia in 2010.

Several NGOs had on October 11 said Suara Rakyat Malaysia (Suaram) had misrepresented its status as a plaintiff to a French inquiry of the multi-billion Scorpene submarine deal.

READ MORE HERE

 

Fair, secular nation better label than Islamic, says ex-Perlis Mufti

Posted: 23 Oct 2012 03:20 PM PDT

Amin Iskandar, The Malaysian Insider

The debate over Malaysia's Islamic nation status has been described as a "branding" quarrel by popular cleric Prof Datuk Dr Mohd Asri Zainul Abidin, who said a secular nation that is fair is better than an Islamic country that exploits religion.

The Federal Constitution is Malaysia's supreme law but minister Datuk Seri Nazri Aziz said this week that the country was never declared a secular nation; he stopped short, however, of calling it an Islamic state as declared by former prime minister Tun Dr Mahathir Mohamad.

"You can name the country as [an] Islamic country but you exploit Islam, for what? You name the country secular but give the people rights; that is better. The most important (thing) is the values carried. People like to exploit brands."

"However, I am not interested in terms; I am more interested with the content of a country," the former Perlis mufti told The Malaysian Insider after the 15th Sinar Harian Wacana titled "Ulama's Role, Advising Leaders (Peranan Ulama, Menasihati Pemimpin)" at the Karangkraf Complex yesterday.

"I ask from PAS especially, don't fight about branding. We have to think whether social justice can be carried out in a multiracial country," he said, talking about the Islamist party that has accused Umno of using a secular constitution inherited from the British colonial masters.

Repeated accusations from PAS led then-prime minister Dr Mahathir to announce in 2001 that Malaysia is an Islamic state, in his bid to regain support from the Malay community who had voted for the opposition in the 1999 general election.

Mohd Asri, who resumed teaching in Universiti Sains Malaysia (USM) after leaving his post as Perlis mufti, agreed that Malaysia was an Islamic state rather than secular.

"The definition of Islamic state is when the country is controlled by Muslims and at least part of the Islamic laws (Syariah laws) are implemented; that is enough."

"The strongest proof that Malaysia is an Islamic state (is) when we Muslims in Malaysia demand for Islam (to be) strengthened in the country," said the scholar who ironically was arrested by the Selangor Islamic Religious Department (JAIS) in 2009 for allegedly being linked with spreading puritanical Wahabi teachings from Islam's birthplace, Saudi Arabia.

Then-JAIS director Datuk Mohammed Khusrin Munawi said Mohd Asri's arrest was for lecturing without approval and not for any other offence.

But Dr Mohd Asri pointed out that being Islamic did not mean forcing non-Muslims to comply with religious laws and practises.

"We cannot demand the non-Muslim to pray, we have to recognise he's a Muslim first, then only we ask him to fast."

"When we ask our country to practise Islam, that means we recognise that it is basically Islamic," he said.

READ MORE HERE

 

RM40m ‘donation’ held privately by Umno man, ex-BN MP claims

Posted: 23 Oct 2012 03:13 PM PDT

Clara Chooi, The Malaysian Insider

The RM40 million "political donation" to Sabah Umno at the centre of a controversy involving Chief Minister Datuk Musa Aman was remitted into the personal bank account of "an Umno leader", a former Sabah Barisan Nasional (BN) lawmaker has alleged.

Datuk Seri Wilfred Mojilip Bumburing, now an independent MP for Tuaran, said in an emailed statement last night that the family members of this "Umno leader" have been able to withdraw from this account "bit by bit", drawing question marks over claims by BN leaders that the funds were meant for Sabah Umno's use.

"Were these withdrawals approved by Umno?

"If the money was meant to be donated to Umno, why was it remitted into an individual and personal bank account?" he said in the statement.

The former deputy president of Sabah-based BN party United Pasokmomogun Kadazandusun Murut Organisation (UPKO) did not, however, reveal the identity of the Umno leader or provide proof to back his claim.

Bumburing also questioned BN's apparent refusal to reveal the source of the funds, saying this appeared to suggest that the ruling pact and its leaders were condoning corruption.

He singled out Sabah Umno secretary Datuk Abdul Rahman Dahlan (above), pointing out that the Kota Belud MP has repeatedly defended the donation by saying there was nothing wrong with such contributions.

"His (Abdul Rahman) admission also leaves many unanswered questions such as where did the money come from?

"Is the money tax-exempted or did the donor paid income tax on the money donated?" he asked.

Bumburing and fellow Sabah lawmaker Datuk Seri Lajim Ukin recently left their respective posts in BN to pledge allegiance to the Pakatan Rakyat (PR) federal opposition pact, citing their growing disillusionment with the Najib administration.

In Parliament earlier this month, it was revealed that Musa had been cleared of corruption after the local authorities declared that the RM40 million in question was a "political donation" to Sabah Umno and was not meant for the chief minister's personal use.

According to previous reports, the probe was first kicked off in 2008 at the request of the Hong Kong's Independent Commission Against Corruption (ICAC), after a businessman was allegedly arrested when attempting to smuggle the cash back to Malaysia.

But findings by the Malaysian Anti-Corruption Commission (MACC) later cleared Musa's name and subsequently led to the ICAC closing its probe against the Sabah Umno chief.

Opposition lawmakers here have, however, been dissatisfied with the closure of the matter and are demanding the Najib administration explain the source of the donation and the exact events leading up to the probe on Musa.

According to Sarawak Report, the whistleblower site that first exposed the case online, Sabah timber trader Michael Chia had been caught in the Hong Kong International Airport with the cash in Singapore currency.

READ MORE HERE

 

It is the right of non-Muslims to comment on Hudud: Chua

Posted: 23 Oct 2012 02:52 PM PDT

(The Star) - MCA president Datuk Seri Dr Chua Soi Lek has hit out at Opposition Leader Datuk Seri Anwar Ibrahim for equating PAS with Islam.

Stressing that his criticism of PAS' brand of hudud law was just that, he said it was not meant as an insult to Islam.

"What is wrong with talking about hudud if it is going to affect the whole country? It is our Malaysian right to speak about it," Dr Chua said yesterday.

"When we criticise PAS' hudud, we are not criticising Islam. Every time we talk about PAS, the Opposition would say we are attacking Islam. Why? Because they have equated PAS with Islam, which is wrong!

"PAS is a political party. Islam is a religion. They are insulting Islam for equating themselves with it."

Anwar had, during a ceramah in Taman Melawati in Kuala Lumpur on Monday night, challenged the Prime Minister to state his stand on MCA's claim that PAS' hudud law would encourage Muslims to rape non-Muslim women.

On Saturday, Dr Chua had defended Wanita MCA vice-chief Senator Heng Seai Kie's claim that PAS spiritual leader Datuk Nik Abdul Aziz Nik Mat was instigating Muslims to rape non-Muslims.

Heng's claim was based on a video recording of Niz Aziz's speech, believed to be recorded in 2008, on the need for women to dress conservatively.

Dr Chua said PAS had conned its followers by associating themselves with the religion, adding that its leaders did so because they were "hungry for power".

"We respect Islam as the official religion of the Federation. Let's be very clear about it," he added.

The MCA chief also lashed out at PAS members who condemned Heng for extrapolating Nik Aziz's speech on the need for women to dress conservatively or risk being raped.

"It was not Heng who said it. It was their leader who said that not dressing conservatively could provoke someone sexually. She merely highlighted it," Dr Chua said, adding that such words were unfair to women.

He also stood by his remarks at the MCA general assembly last week that Pakatan Rakyat's RM1,100 minimum wage policy proposal was unrealistic and would bankrupt small businesses, and brushed off accusations that he was anti-worker welfare.

"Imagine now, there are three million foreign workers here, earning a minimum wage of RM800. Increasing it by RM300 would mean spending RM900mil a month or RM10.8bil extra in wages.

"That's too huge a sum for small and medium enterprises to bear," he said, adding that Pakatan's exorbitant promises were a ploy to buy votes.

 

‘DAP Malay candidate a safety cushion’

Posted: 23 Oct 2012 02:48 PM PDT

No government can last in the state for fortnight if it does not have calibre Malay candidates, says Penang Malay Congress.

Hawkeye, FMT

GEORGE TOWN: The fielding of Malays as DAP candidates in Penang is just a "safety deposit" for Pakatan Rakyat in the coming general election, said a Malay NGO.

Rahmad Isahak, the Penang Malay Congress chief, said PAS and PKR have failed to secure the Malay ground since 2008 although the opposition's leader Anwar Ibrahim hails from the state.

"No government can last in Penang for two weeks if it does not have calibre Malay candidates to sit in the state government," said Rahmad.

To avoid a scenerio where all of Pakatan's non Malays win in the next polls while all of its Malay candidates lose in Penang, it is best to allow DAP to field Malay candidates to strategically leverage against such a possibility, he said.

Rahmad said that DAP had risen to become a prominent party here, and it is best that it reflects its ambition to be a truly multi-ethnic party under its 'Malaysia Malaysian' slogan.

"What better way to reflect its multi-ethnic leanings by parading a multi-racial candidates list in a state as diverse as Penang?" he asked.

Rahmad alleged that there was a fracture within PKR over the choice of candidates and seat allocations, while its leaders were suffering from an inferiority complex dealing with DAP.

For example, Rahmad said state PKR chairman Mansor Othman was allegedly quoted in a leaked taped recording, describing DAP secretary-general and chief minister Lim Guan Eng as arrogant.

"PAS is also dealing with its own "demons" as its former state youth wing head Mohammad Hafiz Noordin has been critical of the party of late," said Rahmad.

"DAP Malay candidates may able to stave off a spirited challenge from BN, led by Umno and "hold the fort" in the event PAS and PKR candidates lose heavily in Penang," he added.

Malays still struggling

Rahmad said his views were based on the present political realities confronting the Malays in Penang. He also rebuked another Malay NGO called PAJIM for suggesting that the congress is not the voice of the Malay community here.

READ MORE HERE

 

PKR: Anwar did not fail the Malay agenda

Posted: 23 Oct 2012 02:32 PM PDT

PKR has dimissed the allegation by a former Cabinet minister that Opposition Leader Anwar Ibrahim had approved banking licences to non-Malay banking groups. 

Teoh El Sen, FMT

PKR has come to the defence of its de facto leader Anwar Ibrahim following the "revelation" made by former Cabinet minister Sanusi Junid who accused the opposition leader of "failing the Malay agenda" when he was finance minister.

Yesterday, Sanusi had reportedly told a Malay economic forum that former prime minister Dr Mahathir Mohamad and former finance minister Daim Zainuddin had, by not granting banking licences to non-Malays in Malaysia, tried to emulate Nazi Germany's anti-Jewish policies.

However, Sanusi added that the duo's plan was thwarted by Anwar when he became finance minister and approved two banking licences to non-Malay banking groups, namely Hong Leong Bank and Alliance Bank.

"Sanusi's accusation that Anwar had failed the Malay agenda is baseless," PKR communications director Nik Nazmi Nik Ahmad said in a statement today.

"Perhaps the Malay agenda that Sunusi meant was to safeguard the shareholder interests of Umno-BN cronies, such as how Petronas was pressured to save Korsortium Perkapalan Bhd, a company owned by Mahathir's son, Mirzan, during the 1997 economic crisis, at an above market price."

"However, the one who stopped that attempt was Anwar.

"It is clear that Sanusi's statement is mere slander. His eagerness to attack Anwar and defend Mahathir and Daim made him blind to the mismanagement of the economy, which has made Malaysians [in general] and Malays [in particular] the victims," said Nik.

Nik Nazmi also pointed out that one of the companies Anwar allegedly gave banking licence to, Alliance Bank Malaysia Bhd, was linked to Daim himself as it was a banking company under the Alliance Financial Group Bhd (AFG).

He alleged that Daim owned 14.8% of AFG through a company called Langkah Bahagia Sdn Bhd.

"Langkah Bahagia, together with parties linked to investment company Temasek Holdings Ltd in Singapore, had interests in AFG through Vertical Theme Sdn Bhd," said Nik Nazmi.

Huge disaster

Nik Nazmi said that the "relationship" between Daim and AFG dated back to 1982 when the former bought over the Malaysian French Bank, which was later renamed Multi-Purpose Bank.

According to Nik Nazmi, Langkah Bahagia purchased shares in Hock Hua Bank in Sabah in 1997, where one of the shareholders of Langkah Bahagia, Mohd Nasir Ali, had openly admitted that he acted on behalf of Daim.

READ MORE HERE

 

Ex-Sabah AG sues two social activists

Posted: 23 Oct 2012 02:30 PM PDT

Royal Commission of Inquiry (RCI) panelist seeks RM50million in defamation suit against Sabah singer-activist Atama and a social activist.

(FMT) - KOTA KINABALU: Former state attorney-general Herman Luping has filed a RM50 million defamation suit against popular local rapper Atama (photo) and a social activist.

Luping, recently appointed a member of the Royal Commission of Inquiry (RCI) on illegal immigrants in the state, named Atama whose real name is Andrew Ambrose and SM Muthu as first and second defendants in the suit filed to the High Court this week.

The former AG and deputy chief minister during the Usno era is seeking an injunction against the defendants restraining them from making defamatory remarks about him and an order to remove an offending article from FMT.

He is claiming punitive damages, statutory interest and other relief deemed fit by the court.

In his statement of claim, Luping said Atama, a musician and spokesman for Bersih Sabah and Muthu, an ex-civil servant turned social activist posted malicious statements against him on Twitter, Facebook and FMT.

According to Luping the article entitled 'Luping appointment came under fire', published by FMT on Aug 13 this year, had seriously injured his character and his reputation has been brought into scandal and hurt his feelings.

The statements made by the two, he said, were calculated to make negative and false inferences of him, namely that he could not be trusted, is not fit to be in the RCI, is dishonest with low integrity, not credible and a criminal.

He also claimed the the first defendant's statements in Facebook and Twitter on Aug 12, 2012 were calculated to make negative and false inferences of him as a corrupt politician and a person who could not be trusted.

Luping said the second defendant also alluded to this same sentiment in his postings in Facebook.

The suit was filed through his lawyer Marcel Jude.

 

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