My British fren scolded me when I told him this story. He said no wonder Malaysia lawmakers cannot be first world as any regulatory report must be declassified first before making it public.

Is it true? I want to scold him back nicely.

when klia was done….costing billions of RM…and so fast forgotten including your baggage..so sorry ah
…now what m se air do sea transport improvement for the nation you people make so much bising bising

So now how …..already mickey mouse get cursing for the toll roads to get into traffic jams…..
why cannot meh
m see iar only make one port mah…and the humlan got klia it very fair wat? divide equally lah all got share
…except poor tax payer who did not get subsidy or provilege treatment or special bond issue or all whatever special…see u GE13

4. Under ??? : RM??? billion

Using mathematical progression, the next figure could be at around RM16 billion!

This is precisely the reason why there has to be a bailout and a cover-up. What do you expect Ling Liong Sik to say or do ? He signed the letters of support. What do you expect Nor Mohamed Yakcop to do ? He gave the supporting letter from the Ministry of Finance.

Then there are the part players like a relative of the Backbenchers Club chairman Tiong, and UMNO treasurer Azim. What would they do if the case comes to court ?

Nah, MCA can’t say “bukan gua bikin, itu semua UMNO suruh gua bikin”. UMNO can’t say “itu duit untuk pilihanraya”. So the best option is to bailout the bondholders, avoid legal entanglements, and use the entire government machinery to help with the cover-up. Only the taxpayers get royally screwed, so what’s your complaint ?

Frankly, if we don’t want to pay the tax also can. They can just issue more bonds and ask banks to create money to buy those bonds or worse still ask BNM to buy the bonds. That will be the ultimate irresponsibility and I don’t know we will come to that. Just to remind all of us the power of a sovereign government. The government can either tax you from the taxes you pay or from inflation it generates, i.e. how government can inflate away their debts through massive monetization of its debts and expenditure. USA has done this without much problem, but we have to remember Malaysia is not USA.

Godfather,
If Mosterball is appointed chairman of commission, his first priority is to investigate why chengho has no ball – what is the origin of this phenomenon? Can the balls be reattached? And if so, can they function normally or further medical remedies are required?

Classified ? What classified? You mean a project dealing with business of the port is classified ? Do you mean that the port is doing some military business that all documents need to be classified? Yes all high way also classified so that Sin will not tiruan our higway technology? What a sickening way of giving excuse?

What ever it was. Release or not release the fact is Crystal clear. All taxpayer money go to those suckers.

So if you have not remember. Please remember to file your tax return and pay up all taxes due by 30.04.2009, other wise the suckers will died of hunger. Be good ya! pay your taxes.

For those doing business on his own or partnership, you have until June 09 to do so.

Happy paying and the SUCKER HAPPY LAUGHING ALL THE WAY TO THE BANK . And some may be consider another trip to DISNEY Beijing?

My understanding is that the bondholders had at least 2 legal opinions confirming that the “letters of support” constitute legal, valid and binding obligations of the government. This was the basis that MARC issued a AAA rating on the bonds. There was also the explicit acknowledgement from the Ministry of Finance about the issuance of the letters of support by the Ministry of Transport.

Last, but not least, almost all the bonds were placed with the EPF. Under these circumstances, what more do you think the bondholders (or the EPF) could have done ?

The more relevant questions would be (a) who cooked up this scheme (b) who sanctioned the letters of support (they go beyond Ling Liong Sik) (c) where the funds ultimately ended up (some went into the March 8 2008 elections, but not all) and (d) which individuals benefitted personally from this scheme.

Like all schemes designed to defraud the public, we just have to follow the trail of money, and to use the threat of tax evasion to seek cooperation from the perpetrators. Of course the MACC are “compliant” enough not to “know” what to do. Put Limkamput or monsterball as commission chairman and these criminals will be leaving the country in droves.

to chalk a fiqure of billions , what an amount , not many people knows how much is a billion for the matter..

so put simply ,
how much good can a billion RM bring us as poor tax payers….how much do we lose if we dont have it?

For LAND …we get a railway tracks suitable for steam train, …for vehicular road transports we get traffic jam even on toll roads.

For SEA….. where most can’t even afford a decent car but these blood suckers are talking about marinas for the public. And ferry service prone to sinking and getting aground or unable to moored at the expensive jetties.

For Air …..we build top international class airports for self appreciation

“The PKFZ scandal which started as a RM2.3 billion scandal under Liong Sik, became a RM4.6 billion scandal under Kong Choy, and has now ballooned to be a RM8 billion scandal under Tee Keat.” Why?

LKS jolly know very well that every new and incoming minister has a lot of new mouths and parasites to feed. If the scandal does not get bigger and bigger with fresh input of money, how to feed new mouths and parasites?

Also, LKS must remember there is such a thing as inflation. LLS, 2.3 billion. CKC, 4.6 billion. The difference is 2.3 billion. Sama sama saja. Inflation was not that high then. Latest, OTK, 8 billion, the difference being 3.4 billion. Factor in inflation and greater appetites, no too bad lah.

Compare this with what other people did at the Ministry of Health and 9Bio Sdn Bhd, reasonable lah.

People got to chiak to survive you know. The word ‘integrity’ is not in the vocabulary of Umnoputras and the BN politicians. It is also not in the vocabulary of BN-appointed civil servants, who are supposed to serve the rakyat.

So, why are you bising, bising, LKS?

The change is hard to come as the stake was high. The one who can make changes also party involve or partners of the parties involved and they have to make decision on consensus. So how to make the change. The minister is most important than anything else. If you do not toll the BN line you will be drop the next time around. Every body was so harrap for the minister post so they just play along with the master to save the minister post.

Never expect the MCA fellow to change any way.

1. The lands was identified for the project.
2. Acquired the and sell it cheaply to certain nominees.
3. Enter agreement with the nominees company with certain condition that the land will be further enhanced with infrastructure. Pay huge sum to the nominee company on the pretext that the nominees has to enhanced the infra structure etc. The money pay to the nominees with be share share lah.

This is the norm and common practices.

The question is since the money come form the tax payers. Why not? This how the corrupt suck our tax payer money.

when they are in the wagon,they will squeeze untill the last drop,look at toyo,azlina,rafi,samy n etc,you’ll realise how ‘kiasu’ they are,infact,they want their generations to last forever ,without have to work at all,like a kingdom!

there are no good politicians,you will only find how less evil they are.

Mr Nades has written extensively and you really do not need another PWC report to take action. Just walk in to Mr. Nades with clear motive to solve the problem instead of finding faults with him, am sure MACC can find a lot of things.

This shown BN will never change and MCA also will keep kow tow.

The stake is too high to take action.

Today we have another PM riding the LRT and he is no the first PM riding. Our PM has too much time for the publicity and have no real intention to solve the problem. Very sad.

Riding the LRT will only serve as publicity and nothing else. same as walking around the Petaling Street will not gather the Chinese votes. We want real action and not just show.