hI mendela :

If you don’t pay or avoid taxes you will penalty off course worst scenario will have to go to jail lah.

After so many F here and there THE MOST Important thing to do is register as voters no only your self but all those in your family and from all member from yourself get more other relatives register more voters and wait for next GE.

Send BN to hell of not return.

With PWc report make public or otherwise the hard fact has lay down long time ago since the Sun Mr Nades reported on this well STRUCTURED SCHEME. There is no point really in arguing the disclosure or other wise as it is academic and of a matter of principle.

No many of us with due respect can even understand what the say may have to say, but suffice to say that it was all hanky panky .

The issue was here, the scheme has been professionally structured with all the professional advisers in assisting in the structuring of this product.

Just like the toxic products in US that caused the financial turmoil. This product caused us tax payers running into billions.

It will be very difficult to get those involved to jail even they want to, as mentioned before the scheme has been structured in almost perfection and leaving only morally wrong issue for us to ponder about and it was not legally wrong as the Mamak tail say.

So what else we can say but fook here and fook that until the cow come home. BN will just have a last laugh.

Dear all tax payers please become a voters too if you have not and get all your family members and friends to registers as voters. Only your votes can change these bunch of suckers.

Please do it NOW. Though the out pouring of your frustration is welcoming other wise you will run bad.

I wish to congratulate “mendala” as he was one of the top tax payer paying tax at its highest bracket. More so his company also qualified to pay at 25% meaning all his company is really doing very well in deed.

So folks as you can see they are many of us whether pay at lowest or highest bracket, we are all tax payers. From the LHDN e filing crashing down during the last few days before any of the year dead line, mean that all the tax payers are willing and madding paying their taxes thus contributing to the SUKCERS.

WELL as good citizen who love this country very much we all pay up any way.

This structured product now has taken way you and my moneys paid in the form of taxes has surely make you and me very mad.

Malaysia is one of the country who has all the resources human and natural. With the oil revenue and all the taxes that you and me pay up each year, we reserve much better if not because of all the SCANDALssss. Mind you this is not the first and am sure will not be the last too, IF BN is still around.

What need to be say here is it was really not a matter this report is make public or otherwise. It matter you and me have more than 100% convinced that BN IS SIMPLY A BUNCH OF SUCKERS.

Right, what can you do next. Yes, let FOOK them OFF and if not enough just band your head on the wall. But come next April or June, you and me still will willing rushing like mad cow to lodge in your BE or B form and write your payments in the name of taxes to the SUCKERS.

So the only meaningful way is register your self as VOTERS. After you have done that get all your eligible family members do the same. After doing so, ask all your family members to get their friends to do so. After that just wait for next GE.

PKFZ is a classical and common structured products where the politician use to suck up the tax payer money. Mahathir is right in his comment that it was not legally wrong but morally. All professional involved has use their brains to structured the product in such a way it is almost impossible to sue those involve in the law of courts.

KUALA DIMENSI SDN BHD (297068-V)
NATURE OF BUSINESS; CONTRACTOR AND PROPENSITY MANAGEMENT
FINANCIAL YEAR ENDED 31.12.2007

BALANCE SHEET ITEMS
NON CURRENT ASSETS -72,652,078
CURRENT ASSETS 971,722,886

CURRENT LIABILITIES 724,671,638

PAID UP SHARE CAPITAL 30,000,000

RESERVES 144,399,170

INCOME STATEMENT ITEMS
REVENUE RM252,530,866
PROFIT BEFORE TAX RM38,582,088
PROFIT AFTER TAX RM30,323,608
NET DIVIDEND RM35,000,000

CHARGES: UNSATISFIED charges created with total value RM7,590,000,000

Sources: ssm search

Comment:

Unsatisfied charge created amount to 7,590,000,000.

This is most likely where the Goven guaranteed come in??

second search on SSM on Wijaya Baru Holdings Sdn Bhd

KUALA DIMENSI SDN BHD (KDSB) is wholly owned by Wijaya Baru HoldingS sdn Bhd whose shareholders are

Tiong 70%
Omar Abdul Latip 20%
Idris Mat Jani 10%

The dividend of 35,000,000 as declared by KDSB in 31.12.2007 in theory end up in the hand of the above three individual shareholders in that ratio.

One interesting note was that WIJAYA last financial report lodged with SSM was for 31.12.2003 and suited by EY.

Please note that any sdn bhd who failed to submit its audited financial statement within 6 months from the closed of the financial year end is against the companies act.

Unless the SSM has failed to update the company profile other wise we have a case where, ha ha you have a classical case. But unless they resigned as directors after 31.12.2003??

But we all know it was not unusual for Malaysian Law maker suppose to make law and they also the one who break the law that make by them???

Also note that shareholders also directors of Wijaya.

Ok every body also late.

For financial year ended 31.12.2003 but the audited accounts only tables on 26.06.2008 and the documents only registered with SSM on 21.04.2009. Ai! no wonder we people not feel of compliance with the law since the law maker also break the law. Let break it any way!! so what penlaty only ma. You know in theory 70% of RM35,000,000 = to rm24,500,000 so what is the penalty of 3 to 5 k? just paid lah.