“# limkamput Says:
June 6th, 2009 (4 days ago) at 22: 15.40

TomDumb, don’t trivialise this blog, show your respect to the host. But then I guess a fool will never know.” – YES HE IS PLAIN DUMB AND STUPID. NO OTHER WORDS CAN DESCRIBE HIM AS HE HAS THE PEAK.

“# TomThumb Says:
June 6th, 2009 (4 days ago) at 23: 52.09

limkamput Says:

Today at 22: 25.50 (1 hour ago)
Let’s face it; a Chinaman Minister in charge of transport ministry ..”

what’s being a chinaman has to do with anything? one racist mindset in exchange for another will not do.” – HE DID NOT ADDRESS RACIST. WELL, DUMB PEOPLE LIKE YOU WILL NEVER KNOW WHAT MR. LIMKAMPUT IS TALKING ABOUT.

“# TomThumb Says:
June 7th, 2009 (3 days ago) at 21: 40.25

“Of course i can’t expect a dumb dumb to know all these.” limkamputt

another final notice to you. don’t trivialize this blog and disrespect visitors to this blog.” – A FINAL WARNING. DO NOT DISRESPECT OTHER VISITORS TO THIS BLOG. OTHERWISE YOU WILL BE DISRESPECTED, TOMDUMB.

“# TomThumb Says:
June 7th, 2009 (3 days ago) at 21: 42.25

\I wonder it is because non malays non muslims can not be trusted (for important positions) or is it because the malays muslims want to keep the goodies to themselves ..\ limkamputt

stop pandering” – STOP FARTING.

stop pandering

another final notice to you. don’t trivialize this blog and disrespect visitors to this blog.

I am not being racist, i am being frank. Just look at key cabinet or civil service appointments. I wonder it is because non malays non muslims can not be trusted (for important positions) or is it because the malays muslims want to keep the goodies to themselves (knowing these positions are apportunities for them to solicit bribes). Of course i can’t expect a dumb dumb to know all these.

Ong Ta Kut, do you know that LKS is helping you by fielding 3 questions daily all this while to get to the bottom of PKFZ “mother of all scandals?” Likewise, the people also think like what LKS thinks, except that many people do not have an avenue to air their grievances. You should be grateful to LKS and the people for helping you on your PERFORMANCE NOW.

Reminded me of “My eyes are glazed, my head swimming just from browsing through the 6,000 pages of report and Appendices” – what was attributed to your comment (as reported by New Straits Times, March 9, 1986 in relation to Committee of Inquiry’s Report) on the Bumiputra Malaysia Finance (BMF) scandal (US 1 billion) then.

To Malaysia’s credit we have some infamous ‘firsts’:

- BMF Scandal (Loss more than RM2.5 billion) the largest banking failure in the world then;
- Bank Negara’s huge losses of an estimated RM30 billion from foreign exchange trading, trying to speculate the British Pound (against Bank of England), then the biggest loss ever sustained by any Central bank in the world.

There were of course ‘smaller’ losses – eg RM600 million losses in a secretive but foolhardy and expensive foray to corner the international tin market in London via Maminco.

Once again these put into sharp focus that when government/government officials/politicians conduct business in semi government agencies – like (say) Port Klang Authority (PKA) – the economic rights and benefit of such entities are no sooner appropriated to serve the personal aims of individual officials, who made no distinction between their own interests and those of the official position they occupied. This an issue of values of politicians/ government officials.

All these – done ostensibly under auspices umbrella and excuse of NEP/patrimonialism/crony capitalism – have proven unworkable and soon need bail out from Tax payers moneys, Petronas, EPF, which of course is a form of socialisation of losses in service of privatisation of gains……a very imaginative adaptation (elevated to a state of art in Mahathir’s era of admin) of modern concepts of Privatisation to a throw-back of values of feudal past equating public position with private possession with those in authority not being questioned or held accountable.

Unless the above paradigm of soing business via semi govt agencies where politicians and govt officials having govt influence and authority can ‘ampur tangan’ (as has happened before in BMF Maminco etc) no lessons were learnt then, certainly none now, and whether there was Commission of Emquiry or Ministerial statement in Parliament etc makes no iota of difference to what had happened and what would recur.

For it all boils down to the general paradigm of govt involvment in business and specifically, the values and ethics of the person(s) in charge and making business decisions for these semi government agencies. Have they changed through the years? It transcends even the other question of who is in political power, whether BN or Pakatan Rakyat….

Today at 22: 25.50 (1 hour ago)
Let’s face it; a Chinaman Minister in charge of transport ministry ..”

what’s being a chinaman has to do with anything? one racist mindset in exchange for another will not do.

If Mother Angel grant Ong Ta Kut a (one and only) wish, what will he opt?
(A) There is no one like LKS in Malaysia who is so persistent.
(B) He got other portfolio instead of Transport Ministry.
(C) He be given 3 wishes instead of 1.

You will find the answer at ongteekeat.net or at the back of this page by turning over.

A solidarity government can be worked out by Umno and PAS through talks conducted with sincerity and tolerance, and such a government can help revive the economy, Umno Youth executive committee member Datuk Mukhriz Mahathir said today.

1) “the report is limited in scope”

2) “….restricted to a position review…”

3) “…not advised on strategy, valuation…operational
effectiveness, staff competencies or process improvement…”

4) “..completeness and accuracy of information…is the responsibility of PKA and PwCAS…”

hence the report is a waste of money and purely sandiwara manner of showing accountability.

sure when you engage the audit firm that audits the World Bank, surely there is some credibility?

Not really because base on the 4 points above:

1) PwC admitted that their hands are tied

2) review of position means looking at reports, talking to management etc, high level stuff, but not involved looking into individual invoices which can produce stunning findings – remember the discovery of MAS’s purchase of expensive paintings to be hanged in the wall of some exclusive office kind of sh$#t?

3) not looking at these material aspect highlighted by PwC reinforces the fact that PwC hands are really tied and they all making it public. Why restrict PwC to this and that when you promise full accountability?

4) PwC have to rely on whatever sh@t, cr%p, right or wrong documents furnish to its auditors without given a chance to verify if all relevant information was made available to them (might show perhaps 50% of the whole story) or the information given to PwC was prepared correctly or not….

This can only happen in a country when religion is deemed very important part of nation make up.

if you say it is a rip-off why then should anyone answer anything??