Way to go. Sdr. Lim…

you asked too many questions knowing they will not be answered. your constituents send you and the others up to find answers to questions and not just ask them.

One must remember that PKFZ scandal is not only involve MCA. Some UMNO politician involved must be call for questioning. This is full scale BN mega scandal!

In the light of the foregoing, Chor should be summoned before PAC. All former chairmen of PKA should also be summoned before PAC.

I think the PAC and the release of PKFZ report together with its appendices should be treated differently. 300 copies already delivered to Parliament to be stored in COLD STORAGE. Then, why was there a hurry to print and deliver the 300 copies? For “AIR SHOWS” only.

I am glad to hear his wishes. Can MCA members alone pull off such a scandal? I believe this is the classic example of power-sharing among BN party members.

UMNO leaders were given free hands to implement NEP or rather they did what they pleased. Some 40 years later, Najib just declared that the past actions were not good enough and he wanted another RM 10 billion to do it all over again. Is it fair not to have accountability? Should a 20-year time bound NEP be extended indefinitely? Should the scope of NEP be extended as UMNO’s power strengthens? NEP has been implemented against the provision of the constitution, such as in the percentage of places for matriculation courses reserved for Malays, and the discount offered to bumiputras for house/dwelling purchase.

It was NEP which made it possible for the sale of state land to well connected politicians and ended up with RM 12.5 billion PKFZ scandal. Powerful sharing is wonderful!

///5. Establishing New Institution
• Ekuiti Nasional Berhad (Ekuinas) to be established with initial capital of RM500 million, eventually to be enlarged to RM10 billion fund.///–Najib

FIC has been in force for the past 35 years, and RM 54 billion shares have been allotted to Malays, and they have on their own chosen to reinvest elsewhere.

The total equity share capital in corporate sector in 1970 was not more than RM 25 billion. It would have costed the state RM 7.5 billion to acquire 30% of the share capital and held in trust for Malays. In fact, if the billion acres of FELDA land were registered with the Registry of companies, that would have yielded RM 3 billion on the account of Malays’ equity capital. The state needed only to fund RM 4.5 billion, from Petronas and these shares would still be available to rural Malays. As it is RM 54 billion have been given to Malays, and the public paid for it having to pay their share prices at a premium, and some rich Malays who had connection with TDM and Rafidah Aziz were laughing to the bank.

Najib now pretends to pay ‘political price to liberalise FIC’, and in the process gets the state to fund RM 10 billion for some objective under NEP which had long been achieved.

The people can be fooled some of the time, and some people all the time; but not all the people all the time. Najib still harbour racist attitude, either to satisfy his racist emotion or as a trump card for political control.

1Malaysia would mean onceMalaysia.

As for ‘most used phrase’, i think it’d be

“A committee will be set up to investigate….”
-The BEST excuse to kill an issue.

Let’s see if anything comes of it. If there is a bet, I won’t be putting any money on it if I have to take the side that something will happen to them. But if I can take the side where the PAC will absolve them from any illegal involvement, I will dump my last penny and even borrow from all the Ah Longs I can get hold off within 500 kilometers just to bet on it.

2. Azmi has to be excused from the PAC in handling the matter. Otherwise, there is NO RULES AND REGULATIONS. IF PARLIAMENT CANNOT BE STRICT WITH RULES AND REGULATIONS, then what the purpose of having Parliament being a Legislative body!! Shouldn’t the 86 Opposition MP fight this Basic Point!! They have the LIABILITY as Representative of their Constitution to straighten up the Rules and Regulation!!

3. The Purpose of the Summon should be clear so that the MPs know exactly what should be questioned by PAC and to be answered by MOT. NOT TO GIVE JUST A SHOW OF FACES!!
But, what is the use, when MP did not received even copy of the PWC Report and have time to study with BASIC Points of Attention to be listed out by someone (A SIMPLE AND STRAIGHT FORWARDS ONE) and a list of BASIC QUESTIONS TO BE ANSWERED! Such as
a) What had been approved by the Parliament?
b) What had not been approved by the Parliament but approved by the Cabinet, MOF and MOT?
c) Did PKA submit their application for Approval accordingly?
d) Did PKA run the Project accordingly?
e) Had the 3.xx billion of Fund raised by PKA been properly approved and run?

4. Should the 4.6xx Billion of Soft Loan be approved by the Parliament before it can be official? Therefore, the Parliament should FREEZE the Loan completely and NOT to be at the “Initiation” of PKA not to withdraw!

5. The Cabinet Approval is another Important Part of this Scandal. Therefore, the PM should also be summoned to answer on matters regarding he Cabinet or MOF approvals.

6. Basic question is “Does PAC has the Jurisdiction to Investigate the Fraud of Approving Project?” Therefore, another Committee to be called or even set-up to go into the matter?

a) Isn’t there a mechanism in the parliament to monitoring and acting on possible “mis-management” or even fraud in the Government?
b) FRAUD, MISAPPROPRIATION, NEGLIGENT OR IGNORANCE have to be clearly identified on each of the problems raised by the PWC Report as they require different approach.

But why is O C Phang not “invited”. Is she “special”? Also invite the two previous PMs to whom letters for approvals were sent? And the Finance Ministers and their deputies?