Medan Imbi building owner identified

Chester Tay/The Edge Financial Daily
January 18, 2019 09:03 am +08

This article first appeared in The Edge Financial Daily, on January 18, 2019.

KUALA LUMPUR: The owner of the controversial building built on two plots of government land in Medan Imbi, Bukit Bintang here has been identified as Willowcrest Management Sdn Bhd, a company linked to businessman Datuk Seri Tee Yam @ Koo Tee Yam.

A search on the Companies Commission Malaysia (SSM) website showed that Willowcrest is 99%-owned by Tee Yam, while the remaining 1% is held by Eco Habitat Sdn Bhd.

The shareholders of Eco Habitat are Tee Yam (90%), with Wong Siaw Puie and Ameera Encee Koo Abdullah owning 5% each.

On Wednesday, Federal Territories Minister Khalid Abdul Samad questioned how a development order had been issued to two properties — one an office building “which looks like a six-star hotel” and the other a restaurant — in Medan Imbi when the land did not belong to either the company or Kuala Lumpur City Hall (DBKL).

This follows an internal investigation by the integrity unit of DBKL, which revealed that both pieces of land measuring 0.14ha  on Lot 568 and Lot 716 belonged to the Federal Territories Land and Mines Office.

The minister was also reported as saying that the owner of the two properties has until the end of the month to come forward.

Khalid had said an option available to the owner is to apply to the government to purchase the land at the current market price and to pay all premiums and development approvals, as well as the fines to be imposed.

An industry observer, however, pointed out that this may set a bad precedent in the future for any company to build properties on government land and just pay a premium and fines.

An Oct 5, 2015 report by The Edge Malaysia weekly, citing a valuer, said that typically land in Imbi are priced between RM2,400 and RM2,500 per sq ft.

In previous years, land transactions in the Bukit Bintang and Kuala Lumpur City Centre areas have been concluded at between RM3,100 and RM3,600 per sq ft. For instance, the German Embassy parcel in Kia Peng was sold for RM3,188 per sq ft (RM259.15 million for 7,552 sq m) to Malaysian Resources Corp Bhd; Tropicana Corp Bhd disposed of eight contiguous parcels in Jalan Bukit Bintang for RM3,280 per sq ft (RM448.44 million for 12,701.7 sq m); Oxley Holdings Ltd bought a parcel in Jalan Ampang for RM3,300 per sq ft (RM446.7 million for 12,575 sq m); and KSK Group Bhd paid RM3,573 per sq ft for a plot in Jalan Conlay (RM568 million for 3.65 [1.48ha] acres).

A visit to the site by The Edge Financial Daily yesterday showed that the office building has six levels, with Willowcrest listed as one of its tenants.

Other tenants include Excellent Epitome Sdn Bhd and Orion Tower Sdn Bhd.

Another property development company linked to Tee Yam is Viva Impian Sdn Bhd, which is developing a mixed-use, integrated development called Viva Impian Cheras. SSM’s data revealed that Viva Impian is 99%-owned by Tee Yam and the rest by Eco Habitat.

According to The Edge Malaysia weekly report on April 10, 2017, Eco Habitat is one of the shareholders of Gabungan Tiasa Sdn Bhd with a 33.33% stake. Gabungan Tiasa is involved in the redevelopment of Plaza Rakyat in Jalan Pudu, Kuala Lumpur.

Guan Eng tetap berkata Pahang tidak mampu untuk membantu penduduk di Cameron Highlands kerana Pahang ada hutang yang tinggi.

Eh? Guan Eng bukan berkali-kali berzikir bahawa hutang kerajaan pusat terlalu tinggi pada tahap RM1 trilion?

Bukankah defisit kerajaan pusat di dalam belanjawaan Guan Eng sendiri juga lebih tinggi berbanding di bawah BN.

Bajet surplus dan hutang RM3.2 bilion, tak mampu tolong.

Bajet defisit yang lebih tinggi dan hutang RM1 trilion, mampu tolong?

Mungkin ada syaitan yang rasuk lagi sehingga boleh mengeluarkan kenyataan tidak masuk akal seperti ini.

Saya lihat rata-rata pemimpin PH cuba memberi alasan mengapa bantuan dan projek mesra rakyat perlu dimansuhkan dan dipotong. 

"Hutang RM1 trilion. Kerajaan dah tak ada duit, di curi BN." diulang berkali-kali oleh PH. Bab hutang RM1 trilion, saya tak mahu ulas dengan mendalam lagi kerana saya telah penat menjelaskan. 

Angka RM1 trilion ini juga tidak ada di dalam mana-mana laporan kewangan rasmi kerajaan. Ini cuma propaganda rekaan Guan Eng berdasarkan bayaran pajakan sehingga tahun 2045: Boleh baca jawapan bertulis rasmi dia di Parlimen: 

https://www.facebook.com/najibrazak/posts/10155670548100952 

Lebih elok Guan Eng kira sampai tahun 2200. 

Hutang RM10 trilion lebih sedap didengar. 

Baik. 

Hari ini saya nak bongkarkan satu lagi penipuan Guan Eng dan PH. 

Data-data di lampiran ini, saya petik dari laporan rasmi Bank Negara Malaysia, bukan dari tepi jalan: 

http://www.bnm.gov.my/index.php?ch=58&pg=255&ac=1&bb=cgo 

Ianya jelas menunjukkan pendapatan, perbelanjaan dan defisit kerajaan selepas PRU14, iaitu dari bulan Mei ke November adalah lebih tinggi berbanding tempoh yang sama tahun lepas di bawah BN. 

Kita maklum bahawa kerajaan telah hilang sekurang-kurangnya RM40 bilion kerana telah gantikan GST dengan SST serta tempoh bebas cukai selama 3 bulan tahun lepas. 

Mengapa pula pendapatan kerajaan boleh lebih tinggi berbanding tahun lepas? 

Ini ialah kerana PH telah jarah RM82 bilion dari rizab Petronas serta mengarahkan Khazanah dan BNM untuk membayar kepada kerajaan bagi menampung kehilangan hasil GST seperti yang diakui oleh Guan Eng sebelum ini. 

Tetapi yang lebih mencurigakan ialah perbelanjaan kerajaan di bawah PH adalah lebih tinggi berbanding BN walaupun rata-rata bantuan kepada rakyat telah dimansuhkan atau dikurangkan. 

Di mana perginya perbelanjaan ini pula? Untuk siapa? Mengapa lebih tinggi? 

Oleh itu, defisit negara dan hutang negara juga meningkat di bawah kerajaan PH walaupun bantuan kepada rakyat telah dicantas. 

Mengikut belanjawan 2019 PH, defisit untuk tahun 2018 (-3.7%) dan untuk tahun 2019 (-3.4%) adalah lebih tinggi berbanding unjuran defisit tahun 2018 di bawah BN (-2.8%). 

Hutang rasmi negara juga dijangka meningkat kepada RM820 bilion pada akhir tahun 2019 berbanding RM686 bilion pada masa BN. 

Ini fakta. 

Sebelum PRU14, PH sering berjanji mereka akan menurunkan perbelanjaan kerajaan sebanyak 20% dengan mengurangkan rasuah, pembaziran dan penyelewangan. 

Tetapi apa sudah jadi hari ini? 

Sebaliknya perbelanjaan, defisit dan hutang bertambah. 

Kalau ikut logik PH sebelum ini, adakah rasuah, pembaziran dan penyelewangan telah bertambah di dalam tangan mereka? 

Apa komen dari Menteri Hal Ehwal Najib atau anak dia?

Let us remind him.

DIALOG ANWAR IBRAHIM

You tahu siapa curi Negara punya wang. You pun tau. Saya kesian juga, Dr. Mahathir hari-hari marah sama saya. Antara orang yang paling takut saya jadi Perdana Menteri ialah Mahathir. Dia demam tau. Kemudian ada orang beritahu, “Mahathir, Anwar mungkin jadi Perdana Menteri. Terus dia bangun, tak boleh, kata dia haha. You tau apasal takut? Sebab harta sudah banyak. Harta anak-anak dia berpuluh puluh billion. Tengok kontrak Petronas. Siapa dapat banyak? Kencana Petroleum. Mokhzani Tun Mahathir. Semua dia angkut. Takdak melayu pandai berniagakah? Tak da Cina, Dayak pandai berniagakah? Semua anak dia punyakah?

Itu satu. Kemudian beli itu beer punya company. St Migul Filipina. Saya punya meja takdak. Carlsberg takdak. Tetapi Mahathir punya anak, Mirzan beli..beer punya company.. Aiyoo! Kadawale..Berapa harga? 2900 juta cash..RM 2.9 billion cash! Mana angkut (dapat duit)? Menang loteri tiap hari? Dia menang loteri, every month for 20 years. Kemudian selepas ambil St Miguel ini untung. Beli Esso Malaysia. Kalau tak salah kira-kira RM 1.7 billion. Tukar nama kepada Petron. Semalam, Malaysia Airlines. Siapa dia penasihat petronas? Mahathir. Semalam Malaysia Airlines umum, pertama sekali dalam sejarah dan ini satu syarikat penerbangan di dunia yang beli minyak untuk enam bulan ini, tiada syarikat penerbangan lain (lakukannya). Malaysia Airlines hanya akan beli dari syarikat minyak (milik) anak Mahathir, Petron - 6 bulan.

SAYA MAU TANYA INI NEGERI.. BAPAK YOU ATAU RAKYAT PUNYA? KALAU RAKYAT PUNYA, HENTIKAN BENDA MENGARUT INI.

SYABAS KEPADA SEMUA

Kekalahan PH di PRK CH mencapai bbrapa MATLAMAT dan memungkinkan beberapa KEMUNGKINAN:

1. BN dpt akhiri losing streak

2. Orang Asli pertama menjadi MP

3. Cina dpt luahkan protes terhadap LGE dan DAP berhubung kelembapan ekonomi dan impak kesilapan hubungan dgn Spura kepada pekebun sayur di tambah dgn penyelesaian isu tanah TOL oleh MB.

4. PPBM dpt kekang tambahan kekuatan DAP. (Kemungkinan sbb Tun overkill di Sg Koyan dan hamper mlm tadi secara terbuka)

5. PKR aka Anwar dpt kenakan tekanan terhadap Tun utk lpskan jawatan (Anwar sengaja over terhadap Najib). PKR mungkin sabotaj PPBM di Semenyih utk naikkan Anwar.

Tapi orang Azmin yg kuat di Semenyih, maka blh berlaku pertembungan sesama PKR. 

6. Petanda politik kaum India mungkin terkesan akibat silap mainan politik, tindak tanduk Waytha (diam saja utk PRK) dan Seafield.

7. DAP aka Cina mungkin membalas utk sabotaj PPBM di PRK Semenyih jika mereka yakin telah disabotaj di CH.

8. Persefahaman dan kerjasama dgn PAS meningkat dan boleh membuahkan hasil

Celebrate, rihat dan bersedia utk Semenyih dan Rantau!

Ketika media lain menyajikan sama ada sekadar cebisan, kecil mahupun besar berita keputusan PRK itu, NST kelihatan mahu menyorokkan berita tersebut.

Tetapi sekiranya Pakatan Harapan menang walaupun tipis, pasti ia akan menjadi laporan penuh muka depan melimpah ke muka belakang (wrap around).

Segala janji pengurusan baru editor NST Group diketuai Mustapha Kamil untuk lebih terbuka dan adil, hanyalah retorik kosong.

Sebelum dilantik menjadi Ketua Editor (semasa berada di luar NST), beliau ghairah menuduh media arus perdana termasuk NST sudah tiada kredibiliti dan menjadi alat kerajaan.

Malah Mustapha seperti juga Datuk Kadir Jasin kerap menuduh pengamal media arus perdana sebagai pemakan dedak. Kini tanpa rasa malu, mereka menjilat ludah sendiri.

Siapa yang menjadi alat kerajaan, siapa yang sudah hilang wibawa, siapa yang tabur janji palsu dan siapa sebenarnya pemakan dedak?

Seorang lelaki telah menunaikan janjinya dlm FB kerana jika PH kalah di CH beliau akan menunggang motosikal dari BP sehingga ke Kluang dgn berbogel tanpa seurat benang. Bagi mengelakkan dirinya disamakan pemimpin PH yg kuat kencing beliau tetap menunaikan janjinya tak seperti pemimpin PH berjanji tetapi tidak tunaikan janji.

Kenapa PH kalah ?

1. Pemimpin2 PH kurang cerdik dan tidak berpengelaman. Banyak buat keputusan dan kenyataan yang memalukan dan tidak diterima rakyat.

2. Pegawai2 pemimpin berlagak, lebih sudu dari bubur, jadi pagar kepong pemimpin dari rakyat. (Mungkin diarah oleh pemimpin mereka yang sombong dan malas nak layan rakyat). Kerana mereka rakyat meluat kepada bos mereka dan PH.

3. Setiausaha Politik, Setiausaha Akbar, Pegawai Khas tidak tahu apa tugas mereka sebenar. Mereka lupa bos mereka orang politik, bukan nya Raja atau Sultan. Bos mereka dipilih rakyat.

4. Rakyat dah mula hilang hormat, tidak percaya dan sudah mula tidak suka kepada PH.

5. Rakyat tidak tahu dan tidak nampak apa agenda PH nak bantu rakyat.
Semua kementerian tiada hala tuju, tiada misi dan visi.

6. Jentera penerangan PH malap. Setiausaha Akbar menteri2 terbukti sombong dengan pihak media. Tidak berdaya usaha. Gagal beri nasihat media kpd menteri. Penerangan tidak jelas, selalu jadi bahan lawak.

Lembab dan malas tangani isu atau menangkis serangan lawan.

7. Kehidupan rakyat makin tertekan. Tidak nampak harapan untuk pulih.

8. Janji-janji PH hanya tinggal janji.
Diam, tiada penerangan dengan jelas.

9. Terlalu lembab pendakwaan kes2 1MDB, rasuah, kleptokrasi, menyebabkan rakyat mula sangsi tentang kebenaran nya.

10. Pegawai2 kerajaan penyokong Najib dan berkepentingan dalam perniagaan masih terlalu ramai dalam kerajaan. Duri dalam daging kepada PH.

11. PH parti anak beranak dan kroni lebih teruk dari UMNO/BN.

12. PM terkepong dan tertekan oleh parti2 komponen PH. Setiap keputusan dan tindakan mesti kena jaga hati semua parti. Menteri "berpenyakit" pun tidak boleh ambil tindakan atau dipecat seperti Moorthy.

13. Tidak tahu stratergi dan tiada pengelaman hadapi pilihanraya. Cerdik tak boleh menumpang, bodoh tak boleh diajar.

14. Lupa jasa orang2 lama yang berjuang untuk kemenangan PH. Guna pakai kaki bodek, yang pandai bermuka-muka dan pakar tonjol diri. Berpuak-puak mengejar kepentingan diri, reka fitnah dan dengki iri hati.

15. JADI, bersatu teguh, kalau bercerai kita pastikan biar terus roboh.

Bila Tun M tiada, hancur lebur ...

Saya perlu tegur/tulis walaupun ada yang akan kecam saya.

by pro-PH reporters

1 UNDI PUN MAJORITI
Wartawan PH👇

Kekalahan PRK Cameron Highlands adalah kerana beberapa faktor yang DI BUAT OLEH PH SENDIRI.

Sebelum nak meneruskan baca tulisan ini saya nasehatkan pada yang ada sakit tu , pergilah makan ubat dulu.

Kekalahan pertama PH di dalam PRK selepas PRU yang lepas banyak di sebabkan faktor kegagalan dan perkara bodoh yang PH sendiri cipta.

1 . Faktor calon yang TERLAMPAU BERANGAN DAN SYOK SENDIRI* juga penyebab salah satunya.

2 . Faktor RAJA TROLL DAN PM FACEBOOK turun berkempen juga satu faktor yang di PANDANG SEPI OLEH PH.

3 . Harga barangan yang semakin meningkat serta sara hidup yang terlalu membebankan juga penyebabnya.

4 . Kemarahan peneroka Felda dengan harga sawit yang TERUK.

5 . "KETUANAN MELAYU" yang di KACAU oleh pemimpin yang tidak faham KEHENDAK MELAYU memainkan peranan seperti api di dalam sekam.

6 . JENTERA KEMAS yang berstatus kontrak memainkan peranan sebagai TROJAN HORSE kepada BN , yang ini Menterinya memang takleh di kritik oleh ahli seperti saya sebab akan ada juak² yang menyerang saya balik , kita tunggu komen bab ni.

7 . Boikot dari para perokok juga penyebabnya , PH melakukan tindakan bangang apabila berkuasa mencipta undang² yang MENAFIKAN HAK PEROKOK , Menteri Kesihatan itu sama ada ada otak atau cuba membuat sabotaj secara perlahan kepada PH , takkan dia tidak tahu bahawa 99% pekerja parti adalah perokok , kalau LGBT boleh hendak di beri hak kenapa hendak mengacau HAK PEROKOK , lebih baiklah Menteri Kesihatan itu memikirkan bagaimana hendak MEMASTIKAN HOSPITAL DAN KLINIK memberi perkhidmatan yang terbaik , warung Kak Chah yang mengharapkan pemandu lori singgah makan juga telah secara drastik berkurangan , maknanya pendapatan Kak Chah telah hilang sebahagiannya , adakah itu RAHMATAN LIL ALAMIN?????? , belum lagi di kira warung² yang lain.

8 . BSH hidup yang menurun berbanding BRIM juga menyebabkan kemarahan rakyat jelata , dulu masa jadi pembangkang hampir setiap hari BERJANJI AKAN MENYEDIAKAN SARA HIDUP YANG LEBIH BAIK DARI BRIM, mana perginya , JANGAN NAK BERETORIK DENGAN KES 1MDB SAHAJA, orang dah muak dan menyampah.

9 . Pinjaman tanpa cagaran yang di beri kepada kaum Cina sehingga RM50 ribu oleh BSN pun satu MASALAH BESAR, orang Melayu pula HENDAK PINJAM MELALUI TEKUN PUN KENA CAGARKAN EMAS, mana datang proses sebegini.

10. PH mempunyai Menteri yang RACIST menjadikan rakyat mula hendak menolak PH , ini kerana sikap kurang ajar pemimpin tersebut terhadap BANGSA MELAYU , mereka hanya tahu MENCABAR KEDAULATAN PERLEMBAGAAN NEGARA INI.

11 . Ada Menteri yang menggalakkan meminjam dengan AHLONG dengan menaik tarafkan perkhidmatan Ahlong berlesen di setiap PBT.

12 . Faktor PM MENUNGGU juga menyebabkan rakyat muak , mual , nyampah kerana rakyat menurunkan BN kerana PERCAYA KEPADA KEBOLEHAN TUN, rakyat hendak Tun terus meneraju negara ini sehingga stabil dan selepas itu kalau Anwar nak ambil negara ini secara anak beranak pun rakyat TIDAK PEDULI, saya tahu statement saya ini akan di hentam oleh otai reformasi , saya tidak kisah sebab apa yang saya katakan ini adalah KENYATAAN RAKYAT DI BAWAH , anda duduk di cafe² mana anda tahu masalah rakyat marhaen di bawah ini.

13 . Kes Adib yang masih tidak selesai di bantai oleh perusuh dalam kes Kuil seafield itu juga memainkan peranan kekalahan PH.

Dan "THE ULTIMATE REASON" rakyat terutama Melayu menolak PH kerana mereka melihat bahawa KERAJAAN SEKARANG INI DI PERINTAH OLEH DAP, Pemimpin DAP di lihat cuba meletakkan semua kesalahan di bahu kerajaan terdahulu , walhal semasa menjadi pembangkang dahulu , pemimpin DAP berjanji bermacam².

Kemenangan PH di dalam PRU 14 dahulu bukan kerana faktor kebodohan BN semata² , ianya faktor Tun Mahathir , bukan Anwar , bukan Lim Kit Siang , bukan Mat Sabu , kerana sejarah sudah menunjukkan rakyat menolak mereka di dalam PRU² sebelum PRU 14 , dan saya berani berkata walaupun BN bermasalah jika Tun masih bersama BN di dalam PRU14 , BN tetap menang.

Jadinya JIKA PH INGIN MENANG DI SEMENYIH, jangan benarkan Wythamoorthy datang , jangan bawa mana² pemimpin DAP yang masih racist dan TIDAK TAHU BEKERJA SEBAGAI KERAJAAN, Melayu menolak mereka² ini semua , terutama apabila UMNO telah berkahwin dengan PAS sekarang , ini semua akan menjadi bom atom kepada mereka.

SAJA NAK BAGITAU, sudah sampai masanya Tun Reshuffle kabinet PH sekarang , kerana ramai Menteri dan Timbalan menteri yang berada di bawah paras kebodohan biasa.

SHUKUR MOHAMAD
Wartawan PH

This approving biography advances a vigorous defence of a woman whom history has often demonised as a venal reactionary: one who murdered without a second thought to protect her own interests, who squandered the national treasury on her own pleasures and who set back reform in China to preserve herself. History often has trouble giving powerful women their due and correctives are in order, but Chang's admiration for her subject can sometimes seem a little unqualified: the empress dowager in these pages was an enlightened, even caring ruler who drove through a modernisation programme. Had she lived just a little longer, China might have become a stable constitutional monarchy. As it is, Chinese citizens still cannot vote.

Although most of Cixi's previous biographers have demonised her, others have been more measured. This is a spirited, if partisan contribution. Her role in crushing the reforms of 1898 and her support of the Boxer rebellion remain her most controversial actions. Did the reformers' plot against her excuse the dismantling of reforms that she was to borrow wholesale just a few years later? Jung Chang praises these as proof of Cixi's progressive character; others have judged them as too little too late, grudging concessions that failed to save the rule of the Manchu – outnumbered 100 to one by their Chinese subjects.

Although it has been 109 years (today) since the death of the Empress Dowager Cixi – also known as the “dragon lady” and the “old master Buddha” – who effectively ruled China during the late Qing dynasty (1644-1911) for nearly five decades, she still divides public opinion.

Born on November 29, 1835, she was chosen as a concubine for the Emperor Xianfeng when she was a young girl. She gave birth to the emperor’s son – the future Emperor Tongzhi – in 1856 and went on to live an extravagant and privileged life in the imperial court without concerning herself with the hardships facing ordinary people.

Through Seagrave's lens, the historical image of Cixi takes on a softer, sadder aura than the monster of Backhouse's creation. She was certainly a bright, ambitious woman, but her life was anything but a fairy tale.

"One might wish for her sake that her life had been just such a burlesque filled with Florentine intrigues and Viennese frivolity, because the truth is melancholy…Under those layers of historical graffiti was a spirited and beautiful young woman trapped in a losing proposition: …A figurehead empress who lost three emperors to conspiracy; a frightened matriarch whose reputation was destroyed as she presided over the decline of a bankrupt dynasty," he writes.

A Chinese historian, Jung Chang, began the re-evaluation of Cixi with her biography, “Empress Dowager Cixi.” Ms. Chang, who lives in exile, argues the empress brought medieval China into the modern age, calling her an “amazing stateswoman.”

But Ms. Chang’s damn-the-man portrait of Cixi is a tad too generous even for some sympathizers. How could the empress dowager have ushered in groundbreaking innovation when much of her career was devoted to her drive to preserve the imperial family that crumbled three years after her death?

When Putrajaya Thinks It Knows All About Health Care

Boo Su-Lyn/Malay Mail

The government just launched two huge health care schemes for the poor: a RM2 billion health insurance funded by an insurance company and a RM100 million health screening programme.

But the mySalam critical illness insurance policy and Peka B40 health screening scheme have already encountered controversy as key stakeholders like patients, doctors, and pharmacists don’t seem to know how the programmes work, even as they are targeted for roll-out in just a month or two.

The Ministry of Health’s (MOH) Peka B40 has gotten off to a rocky start. General practitioners refuse to provide health screenings under the scheme because they find the government’s payment too low, especially since they are expected to recruit patients themselves.

The newly set up government-linked corporation (GLC) under MOH called ProtectHealth Corporation Sdn Bhd, headed by Datuk Ab Latiff Abu Bakar, to run Peka B40 does not even have a company website. How much of the RM100 million initial fund went into setting up this GLC? Who else is on the board?

The Malaysian Medical Association (MMA) said they were not consulted about the Ministry of Finance (MOF) using Great Eastern Takaful Berhad’s RM2 billion contribution to pay back to Great Eastern annual premiums of RM112 per individual (at cost without profit) for 3.69 million people aged 18 to 55 from the bottom 40 per cent (B40) group for five years.

So essentially, Great Eastern isn’t really contributing anything since MOF will be paying it premiums regularly for the next five years. The insurance company will only fork out money when an insured person makes a claim for the one-off RM8,000 lump sum payout, as well as up to RM700 annually for maximum hospitalisation of 14 days.

According to MOF, the contribution was made in exchange for not having to divest 30 per cent of its Malaysian business in compliance with Bank Negara rules that stipulated a 70 per cent cap on foreign ownership of local insurance firms.

How is Great Eastern benefiting from this deal? Did it gain almost 3.7 million customers in one swoop? Even if only 10 per cent of them continue to pay premiums on their own from the sixth year onwards (the government hasn’t said what will happen after five years), that is still a whopping 370,000 customers. Were other insurance companies aware of this before Great Eastern was chosen for this magnanimous project?

Then comes the nitty gritty – how exactly will Great Eastern approve (or reject) claims?

Finance Minister Lim Guan Eng said mySalam coverage began on January 1 and eligible recipients can start making claims from March 1. Payment will be credited to one’s bank account once claims are approved.

Does this mean that specific mySalam recipients have already been identified, with their policies beginning on January 1? How did MOF select them since Lim insists that mySalam only applies to “ treatment at public hospitals”.

Did MOH hospitals and university hospitals give MOF data since last year on who their B40 patients (or specifically, those who get the Bantuan Sara Hidup aid) are? If yes, did doctors and hospitals first seek permission from their patients before releasing their information to another agency?

It is unclear what Lim means he says the RM8,000 payout is only meant for B40 patients who seek treatment at public hospitals. One may do diagnostic tests at a private facility to confirm an illness before going to a public hospital for treatment, or doctors at a public facility may prescribe a patient medicine that can only be bought from a private supplier. And if the RM8,000 lump sum benefit is banked in immediately to a patient upon diagnosis of an illness, how is MOF going to check if the patient uses the money at a public or private hospital?

If the mySalam policy began on January 1, do the insured know their critical illness benefits, the 36 illnesses covered, and more importantly, the exclusions in the policy?

According to my Prudential critical illness policy (I confess I only looked at the policy document proper when I started reporting on this issue), which provides a lump sum benefit of RM100,000 upon diagnosis of a critical illness, I will not be paid if my illness “arises directly or indirectly from pre-existing illnesses.”

My critical illness benefit is also not paid for “symptoms of illness that occur prior to or within 30 days after the policy has commenced, except for cancer, heart attack and coronary artery by-pass surgery and serious coronary artery disease in which a 60-day waiting period applies.”

If similar exclusions exist in mySalam, do the B40 know that their claims will be rejected if they started getting sick since November or December, or if they currently suffer any of the 36 critical illnesses?

It is also important to note that the lump sum benefit will only be paid upon diagnosis of an illness, which means that you must fork out your own money to pay for the tests to diagnose that disease.

What if the B40 want to do diagnostic tests at a private centre, especially cancer patients who do not have the luxury of time, before heading to a public hospital for treatment? A lung cancer patient told me that it takes six months after first diagnosis to see a specialist at a public facility.

I recently went to a private health care facility to get a painful knee checked out since it had been hurting for five weeks and I didn’t want to wait months more at a public hospital. The doctor recommended an MRI and X-ray, which cost me over RM2,000!

How will the B40 pay for diagnostic tests at private centres? Doctors and patients have also said that RM8,000 is not enough to cover cancer treatments even at public hospitals.

Yet, when confronted with questions, the finance minister got defensive and said: “How can you not support something that would help the poor?”

The road to hell is paved with good intentions. The poor may inadvertently end up being victimised by the mySalam scheme if it is not well thought out and implemented properly, especially if the government thinks that it knows it all and doesn’t bother consulting stakeholders like patients, doctors and pharmacists.

Why isn’t MOH running mySalam?

That brings me to my next point – why is MOF in charge of running a massive health insurance scheme and not MOH?

Even if MOF was the one that negotiated the deal with Great Eastern, it still could have passed mySalam to MOH to manage since, well, MOF doesn’t have doctors or medical professionals. Better still, the government could have set up an independent agency (separate from MOH and MOF) and appointed health care professionals to run mySalam.

MOH should not be regulator and provider simultaneously. In the United Kingdom, NHS provides health care, but the Care Quality Commission acts as an independent regulator.  There is also a separate independent body –NICE– that decides which drugs should be on the NHS. Unfortunately, in Malaysia, the MOH performs all three functions.

MOH is ultimately responsible for Malaysia’s health outcomes. The government surely cannot expect MOF to do MOH’s job in protecting patients, simply because the former is not qualified to do so.

Patients whose treatments are inadvertently disrupted under mySalam are MOH’s responsibility. Patients who lose coverage because of an insurance company’s picky procedures are MOH’s responsibility. Patients who face longer wait times and unavailability of drugs because of increased congestion at public hospitals are MOH’s responsibility.

Most importantly, it is MOH’s responsibility to repair an ailing health care system for generations to come, instead of relying on a quick-fix for five years.

Gov't launches mySalam B40 insurance scheme, despite debt constraints

By NST - January 24, 2019 @ 11:55am

Despite being saddled with massive inherited debt, the government will continue to roll out initiatives to help the people, especially those in the low-income group, or the B40.

This was the assurance given by Prime Minister Tun Dr Mahathir Mohamad, who launched the national B40 protection scheme known as “mySalam”, today.

“Although we inherited financial constraints (from the past government), it will not prevent the government from introducing people-friendly programmes such as the mySalam scheme.

“(The government) may seem to be cautious in executing such programmes, but we will make sure such efforts will reach the target groups.

“And, we will also go all out to generate funds, via innovative and alternative measures, to ease the people’s burden,” he said.

Also present were Finance Minister Lim Guan Eng and Health Minister Datuk Seri Dr Dzulkefly Ahmad.

 

Dr Mahathir was also upbeat about mySalam’s substantial seed fund of RM2 billion provided by Great Eastern Insurance and Takaful – money which will benefit 3.69 million people aged between 18 and 55 in the B40 group.

Read on here.

If claiming Azmin is suffering from bladder cancer for being seen with a Catherer bag, that could be spinning. When it is heard Azmin was telling visitors that he is having stone, that could be him trying to spin to hide his true ailment.   

The bag is for purpose of collecting leak urine. According to UCLA Health website, the reasons could be issues with the prostate or urethra or radiation theraphy or cancer - prostate or according to the experience of a relative, bladder cancer. Now, that is analysis. 

Some will insist it is spinning to take advantage of the concern for Tan Sri Muhyiddin whose suffering from pancrease cancer. Say what they want, it is genuine analysis. 

ANWAR Ibrahim memuat naik gambar dalam akaun Facebook beliau bertemu Dr. Mahathir Mohamad di Yayasan Kepimpinan Perdana, Putrajaya, semalam.-MEDIA SOSIAL

Dr. Mahathir, Anwar tukar pendapat hal mendesak

FADZIL ZAINOL

08 Februari 2019 11:35 AM

KUALA LUMPUR 8 Feb. - Presiden PKR, Datuk Seri Anwar Ibrahim memuat naik gambar dalam akaun Facebook beliau hari ini tentang pertemuannya dengan Perdana Menteri, Tun Dr. Mahathir Mohamad di Yayasan Kepimpinan Perdana, Putrajaya, semalam.

Anwar turut memberi keterangan gambar bahawa beliau sempat bertukar pendapat dengan Pengerusi Pakatan Harapan (PH) itu mengenai beberapa hal yang mendesak.

"Semalam bertemu Dr. Mahathir sebelum berlepas ke luar negeri. Sempat bertukar pendapat beberapa hal yang mendesak. Alhamdulillah," jelas Anwar dalam akaun media sosialnya itu.

Kelmarin, Anwar menyifatkan desas-desus rombakan Kabinet termasuk pelantikan Timbalan Presiden PKR, Datuk Seri Mohamed Azmin Ali sebagai Timbalan Perdana Menteri yang didakwa bakal berlaku selepas sambutan Tahun Baharu Cina adalah isu yang sengaja dihangatkan oleh pihak tertentu bagi menimbulkan ketegangan dalam PH.

Berdasarkan persetujuan antara parti komponen PH, Dr. Mahathir dijadualkan menyerahkan jawatan Perdana Menteri kepada Anwar pada pertengahan tahun 2020.-UTUSAN ONLINE

The second police report on the sales of 95% interest in PT TH Indo Plantations was fully paid. According to sources, police themselves are puzzled as to why the need make the report when payment already made. 

Malu apa, bro!

The Star
Tuesday, 12 Feb 2019

WE seem to be heading towards a dangerous edge. There is now an emerging culture of shamelessness.

Datuk Seri Najib Tun Razak may have been slapped with countless charges of corruption and money laundering, but his campaign, Malu apa, bossku (“Why the shame, boss?” in Bahasa Malaysia), has surprisingly attracted millions of likes on social media.

The scandal-smeared former prime minister has traded in his tailored suits, impeccable English and political elite-aristocratic crowd for the Mat Rempit and Malay working class.

As part of his makeover, he is now decked in black parka, black jeans and black sneakers.

He is even hanging out with the young Mat Rempit and posting wefies with them. He is also happily showing off a black-and-red Yamaha Y15ZR 150cc moped that is all the rage with the youths of today.

And the registration plate on his bike is 8055KU, which insinuates “BOSSKU”, and to these newfound supporters, Najib is called Boss kita! (Our Boss.)

The key phrase here is Malu apa bossku, and while many learned Malaysians are cringing over this new culture, it barely seems wrong for our embattled former PM, who is basking in it and promoting the malaise.

But a similar show is also surfacing on the other side of the political divide.

One Pakatan Harapan leader after another is having his or her dubious education credentials exposed after Deputy Foreign Minister Marzuki Yahya was questioned over his.

Johor Mentri Besar Osman Sapian’s education history has come under the spotlight with the allegation that he didn’t obtain a degree from Universiti Putra Malaysia (UPM), as claimed.

Housing and Local Government Minister Zuraida Kamaruddin’s social science degree from the National University of Singapore (NUS), as reported when she became a minister, has also come into question. Now, she’s washed her hands of ever having had one.

DAP Assemblyman from Tronoh Paul Yong Choo Kiong claimed to have a masters in business administration from Akamai University – an alleged degree mill in Hawaii – among his academic qualifications.

None of these politicians have apologised for not correcting these errors when they were revealed, but now, they have conveniently shrugged off the news reports, claiming no knowledge of such revelations.

Worse, Marzuki passed the buck to Prime Minister Tun Dr Mahathir Mohamad (read Joceline Tan here), saying it is now up to his boss to decide. The Johor MB chose to remain silent, hoping that the storm would blow over.

The central issue here isn’t whether an elected representative should have a tertiary education – the point here is, should we put our trust in anyone who lies to themselves?

If some of these individuals buy dubious online diplomas, they are only cheating themselves. Worse, the electorate has also fallen for this charade hook, line and sinker.

Instead of working hard, like most university students, these individuals apparently chose the easy way out. Are we expected to believe them when they talk about accountability and integrity from now on?

What’s worse is, most Pakatan leaders have chosen to look the other way or have lamely justified these dishonest transgressions.

If they were in the private sector, the sack would be a foregone conclusion, but then they are “Yang Berhormat”, despite these dishonourable acts.

Apa nak malu, YB! Aku ada SPM aje, bro!

And of course, that’s not the end. PAS leaders have found themselves in unfamiliar waters.

With their turbans and goatees, they like to appear pious and holier than thou. However, they are now seeing their names flying on social media, associated with a taste for sports cars and bikes, and not just under their names, but those of their children and spouses.

A report filed with the Malaysian Anti-Corruption Commission (MACC) over allegations of PAS leaders getting RM90mil from Umno under the previous administration involved “a list of expensive cars”, properties, high-powered motorcycles and “the purchase of number plates at exorbitant prices”, it has been widely reported.

According to the report, several PAS leaders were accused of using these funds to acquire the cars and properties.

The cars include BMW, Mini Cooper, Toyota Vellfire, Range Rover, Porsche Cayman, Audi Q7, Audi A6, Toyota Camry, Toyota Fortuner, Volkswagen Passat, Mercedes Benz, and a BMW motorcycle, according to a report.

“As for the properties, this includes a bungalow in Bangi worth RM3mil,” says a report. The only item missing is camel ownership.

PAS Mursyidul Am (spiritual leader) Datuk Hashim Jasin has admitted to owning a Porsche Cayman, but said his son was the real owner, who was entitled to an Approved Permit (AP) when he served as the Arau MP between 1998 and 1999.

Every one of them has branded these accusations as part of some grand political conspiracy, pleading innocence and insisting they are virginal and pure instead.

But we are sure they will be okay, and they will continue to preach accountability and transparency, and possibly continue to look – invoking race, religion and God – to their faithful followers, who will readily give away their savings and, brave the rain and scorching sun to support them.

Malu Apa Bossku? Tatap Sokong Boss (as the Sabahans will say).

Going public with police report can amount to defamation, Federal Court rules

Published 1 week ago on 01 February 2019

PUTRAJAYA, Feb 1 — The Federal Court ruled on Wednesday that a person who lodges a police report could be held accountable for defamation if he or she repeats the contents of the report to the public. 

Justice Tan Sri Azahar Mohamed said subsequent publication of the contents of a police report by its maker to the public was not protected by the defence of absolute privilege save where the contents of the report were made in or in connection with judicial proceedings.

In his 15-page judgment, he said there was no public policy consideration to recognise that once the police report was absolutely privileged it remained so at whatever occasion it was subsequently published.

“The right of the maker of the police report to speak and write freely to the public at large cannot override an individual’s interest in protecting his reputation,” said Justice Azahar, who delivered the judgment of a five-man bench in a defamation lawsuit brought against actress Zahida Mohamed Rafik.

He said the absolute-privilege defence must at some point give way to protection against reputational damage.

Justice Azahar said it would result in persons irresponsibly slandering others with impunity if the defence of absolute privilege was extended to cover the subsequent publication of the contents of the police report to the world at large.

He said that in the present case, Zahida did not offer justification or explanation why it was necessary or reasonable for her to repeat the contents of the police report at a press conference.

However, he said, although the court answered the legal question pertaining to absolute privilege in favour of Zahida’s former driver, Noor Azman Azemi, it would not affect the result of his appeal.

In dismissing Noor Azman’s appeal with no order as to costs, Justice Azahar said no serious miscarriage of justice had occurred. Noor Azman had appealed against the Court of Appeal decision which set aside the RM150,000 damages awarded to him by the High Court in his defamation suit against Zahida.

Noor Azman, a driver for a private company, would also have to return RM200,000 to Zahida as the Federal Court had upheld a Court of Appeal decision on her counter-claim against him (Noor Azman).

Read on here for background of case. 

Vexatious litigation is legal action which is brought, regardless of its merits, solely to harass or subdue an adversary. It may take the form of a primary frivolous lawsuit or may be the repetitive, burdensome, and unwarranted filing of meritless motions in a matter which is otherwise a meritorious cause of action. Filing vexatious litigation is considered an abuse of the judicial process and may result in sanctions against the offender.

...Amex’s lawyer Prakash Menon said High Court Judicial Commissioner Dr Prasad Sandosham Abraham had on Friday declared Chang as a “vexatious litigant”.

“This is due to the application by Amex to obtain the declaration. The court could grant the declaration if the applicant (Amex) can prove that the defendant has persistently and habitually filed claims against the same or different people without reasonable cause,” Prakash said when contacted yesterday.

Prakash said Amex had filed the application on March 5 last year to get the declaration.

In the application, he said, the credit card company applied for the court to restrain Chang from filing any proceeding against Amex arising from the judgment which they obtained in 2005 without the leave of the judge.

When asked to elaborate, Prakash said that “numerous cases and applications arising from the judgment over his failure to settle his credit card debts had all been dismissed by the courts.”

"U.S. political tensions were swinging back into focus for investors. Trump declared a national emergency to secure additional funding for the wall on the southern border, potentially setting him up for a showdown with Congress." 

Trump declares national emergency on southern border in bid to build wall

By Damian Paletta, Mike DeBonis, John Wagner
February 15, 2019 at 8:28 PM

President Trump declared a national emergency to build a border wall on Feb. 15. Here's what you missed. (Taylor Turner/The Washington Post)

President Trump on Friday declared the situation on the southern border of the United States to be a national emergency, catapulting the country into uncertain legal and political battles as he seeks to fulfill a campaign promise that eluded him for two years.

He made the designation in an attempt to redirect taxpayer money from other accounts and use it to erect more than 230 miles of barriers along the U.S.-Mexico border. But Trump anticipates a flurry of legal challenges that will eventually be decided by the Supreme Court.

Democrats are trying to paint the action as evidence of a rogue president who has finally gone too far, and they vowed to stop him.

Trump’s announcement capped a frenetic two-month period that included the longest government shutdown in U.S. history, at 35 days; the reemergence of Democrats as a political force; and a Republican Party caught between taking signals from Trump and bucking his unconventional impulses. It also begins a new phase of his presidency that will test the separation of powers, as he sidesteps Congress despite Republicans urging restraint.

During a 50-minute, meandering Rose Garden news conference, Trump offered little empirical evidence to back up his assertion that there was a crisis on the border requiring an extraordinary response. Instead, he invoked hyperbolic, campaign-style rhetoric about lawlessness that he said only walls could suitably address.

“We’re talking about an invasion of our country with drugs, with human traffickers, with all types of criminals and gangs,” he said. He used the word “invasion” seven times.

He later said the emergency declaration wasn’t urgent but rather expedient, as it would help him build a wall more quickly than Congress would allow.

“I didn’t need to do this, but I’d rather do it much faster,” he said.

Democrats and the American Civil Liberties Union mapped out the ways they would try to block Trump’s wall. House Judiciary Committee Chairman Jerrold Nadler (D-N.Y.) said he would summon White House counsel Pat Cipollone to Capitol Hill to explain the White House’s rationale.

California Attorney General Xavier Becerra, a Democrat, said he planned to work with other states to take legal action against the White House.

The ACLU said it was preparing a lawsuit of its own, arguing that Trump cannot legally redirect taxpayer money during an “emergency” unless it’s for military construction projects that support the armed forces. Friday afternoon, the advocacy group Public Citizen filed a suit in U.S. District Court in Washington, seeking to block Trump’s declaration on behalf of Texas landowners and an environmental group.

Democrats and several Republicans predicted a two-pronged response to the declaration: one, having Congress vote to reject it in the coming weeks, and two, suing Trump — or at least aiding other parties that attempt to intervene.

“The president’s actions clearly violate the Congress’s exclusive power of the purse, which our Founders enshrined in the Constitution,” House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Charles E. Schumer (D-N.Y.) said in a statement. “The Congress will defend our constitutional authorities in the Congress, in the Courts, and in the public, using every remedy available.”

Most notably, Pelosi and Schumer said, “We call upon our Republican colleagues to join us to defend the Constitution.”

Republicans are divided over Trump’s declaration, with many unnerved by what they see as an executive power grab while others are unwilling to challenge the president ahead of 2020 presidential and congressional elections.

Sen. Thom Tillis (R-N.C.), who faces a reelection race next year, suggested that it would be hypocritical for Republicans to support the emergency declaration after criticizing President Barack Obama for “executive overreach,” and he suggested that future Democratic presidents might follow Trump’s precedent.

Tillis described a future “President Bernie Sanders declaring a national emergency to implement the radical Green New Deal” or a “President Elizabeth Warren declaring a national emergency to shut down banks and take over the nation’s financial institutions.”

“I don’t believe in situational principles,” he said.

Other Republicans lodged an even more straightforward objection: Declaring a national emergency might prompt Trump to shift funds from other desperately needed projects.

Rep. Mac Thornberry (Tex.), the top Republican on the House Armed Services Committee, warned against tapping Defense Department and military construction accounts to build the wall.

“Doing so would have detrimental consequences for our troops,” he said in a Thursday statement.

“And it would undercut one of the most significant accomplishments of the last two years — beginning to repair and rebuild our military. I hope that the president will pursue other options.”

The issue was more than a constitutional discussion for Republicans. Democrats signaled that they would proceed with a privileged resolution of disapproval that would force GOP lawmakers to either vote for Trump’s wall or oppose his emergency claim — with certain political repercussions.

By Friday afternoon, Rep. Joaquin Castro (D-Tex.) said he had gathered more than 60 co-sponsors for the resolution.

Such a measure would pass in the Democratic-controlled House, and more than enough Republicans could break ranks to ensure its Senate passage. But Trump is certain to veto the resolution, and Congress probably couldn’t muster enough votes to override a veto.

Democratic legislative staffers huddled on Capitol Hill at 2 p.m. Friday, shortly after the White House issued its proclamation. According to a senior Democratic aide, no decisions have been made on how Congress will proceed with a formal measure of disapproval, but House and Senate leaders are expected to move carefully to win over as many Republicans as possible.

The more serious threat to Trump’s move could be litigation, with numerous parties exploring legal challenges — including Democratic House leaders who have been examining various options for months.

Sen. John Cornyn (R-Tex.) said Thursday that he did not consider an emergency declaration to be “a practical solution” for Trump because litigation could keep any potential wall funding on hold for months or years while the lawsuits resolve themselves.

“I thought there were other, better alternatives,” he said.

White House officials want to approve projects and reallocate money as quickly as possible, but no timeline has been given.

Part of their strategy is to try to use eminent domain to seize private property along the border, particularly in Texas, where they want to install parts of the barrier. This is expected to open another round of legal challenges from private landowners.

Other parts of the approach are equally unclear. White House officials have not said, for example, how they plan to solicit bids on the projects or what type of process they will follow. Congressional Democrats and some state leaders, meanwhile, have vowed to try to stop the work before it can even begin.

Trump has long asserted that the United States is full of rapists, murderers and other violent criminals who enter illegally from Mexico, and he has pledged to address the situation by building a wall. Government data, though, shows that attempted border crossings remain near 40-year lows and that drug traffickers primarily attempt to smuggle hard narcotics through ports of entry, not through gaps between border barriers, as Trump has suggested.

The biggest challenge on the border in recent years has been a surge of families seeking to cross into the United States and claim asylum, overwhelming border agents and U.S. facilities.

White House officials plan to use $8 billion to build new fencing that they believe will block or discourage a wide range of immigrants.

Of that money, $1.375 billion was approved by Congress on Thursday, and it can be used for 55 miles of “pedestrian fencing” in the Rio Grande Valley in Texas.

The White House plans to use $600 million from the Treasury Department’s forfeiture funds account, which contains money seized by the federal government from a range of illicit activities.

An additional $2.5 billion would be redirected from a Pentagon program for countering drug activities, and a final $3.6 billion would be moved from military construction accounts. It’s that final pot of money that White House officials said required the national emergency declaration, as the White House is generally barred from moving money from one account to another without congressional approval.

Trump promised during the 2016 campaign to build a border wall and have Mexico finance it. Since becoming president, he has insisted instead that the money come from U.S. taxpayers.

White House officials said that more than 50 national emergencies have been declared since the 1970s, attempting to rebut concerns that Trump was outside his authority in taking this step.

“This is authority given to the president in law already,” said acting White House chief of staff Mick Mulvaney. “It’s not as if he just didn’t get what he wanted, so he’s waving a magic wand and taking a bunch of money.”

But some presidential historians said Trump’s move was unusual, in part because he stopped short of describing how it would ameliorate a situation that he hasn’t precisely defined. White House officials on Friday wouldn’t disclose where the new border barriers would be placed.

Presidents have taken extraordinary steps before, at times invoking crises facing the United States. Abraham Lincoln suspended the writ of habeas corpus during the Civil War in 1861, making it easier to arrest someone without bringing the individual before a judge.

President Harry Truman tried to nationalize the steel industry in the 1950s amid tensions brought by the Korean War; he was rebuked by the Supreme Court.

Presidential scholars said Trump’s move on Friday, though extreme in its rhetoric, will be viewed much differently, even if he attempts to use the National Emergencies Act of 1976 to buttress his case. That’s because Trump isn’t responding to a crisis that’s evident to the American people but is instead taking action after Congress rejected his funding request for the past two years.

“It shrinks the importance of Congress even more,” said Douglas Brinkley, a presidential historian. “It is a wild-eyed imperial presidency.”

In his Rose Garden remarks, Trump suggested that he had already thought through the legal minefield that his decision was likely to traverse. He predicted that lower-court judges and the U.S. Court of Appeals for the 9th Circuit would probably rule against him before the administration ultimately prevailed.

“We will have a national emergency, and we will then be sued, and they will sue us in the 9th Circuit, even though it shouldn’t be there, and we will possibly get a bad ruling and then we’ll get another bad ruling and then we’ll end up in the Supreme Court, and hopefully we will get a fair shake,” he said.

As part of the national emergency declaration, Trump signed a $333 billion spending bill that funds many government operations through September. This averted a government shutdown that would have begun Saturday.

Josh Dawsey, Erica Werner, Seung Min Kim and Rachael Bade contributed to this report.

THERE is no problem with anyone having a cynical or critical attitude towards any announcement coming from government-linked institutions or companies.

It puts these executives on their toes, gives the other side of a story, and uncovers any attempt to cover-up wrongdoing or poor performance. Corporate public relations has a tendency to disclose as little as possible and has made an art of throwing big words to hide any shortcomings.

However, it is preposterous for a senior person to spread false and unsubstantiated accusations in his Facebook of Lembaga Tabung Haji (LTH) operating Ponzi scheme  – somewhat like a Pak Man Telo get-rich quick scheme in the late 1980s through 1990s.

Khalwat defending Mu-jahat has no political will too!

He lied for the Empress Dowagers!

Then how did EPF manage to declare the "extraordinary" dividend that "exceeded expectations" despite the adverse economic circumstances, both due to external factors as well as due to PH's mismanagement?

Very simple. Here is another statement in the EPF press release which Lim Guan Eng conveniently failed to mention while bragging about the "extraordinary" dividend:

"... beginning 1 January 2018.... the EPF will NO LONGER RECOGNISE ANY IMPAIRMENT on its listed equity holdings."

Why didn't Lim Guan Eng mention this? Because without this new accounting treatment, EPF would not have been able to declare a "healthy" and "extraordinary" dividend.

Instead he is now claiming credit for a "healthy" and "extraordinary" dividend and ridiculously claiming that it is proof the economy is healthy.

In truth, the "extraordinariness" of the dividend was due to EPF NO LONGER RECOGNISING ANY IMPAIRMENT IN THEIR LISTED EQUITY HOLDINGS.

Lim Guan Eng is an extraordinary liar.

PwC: TH didn’t make impairment on decline in investments’ value

Tuesday, 11 Dec 2018

By Martin Carvalho, Hemananthani Sivanandam, Tarrence Tan, Tee Lin Say, Loh Foon Fong, Yimie Yong, Mei Mei Chu,  and Julianne De Souza

PETALING JAYA: Lembaga Tabung Haji’s (TH) 2017 financial statements have been overstated mainly because the pilgrims fund did not make impairments on significant decline in value of its investments, a review of its financial position shows.

The fund should be making a RM1.43bil loss in 2017 instead of a RM3.41bil profit as reported in its annual report 2017, according to the review conducted by Pricewa­ter­houseCoopers (PwC).

Impairment is an accounting principle describing a permanent reduction in the value of a company’s assets.

The RM3.41bil profit did not include the impairment loss on available-for-sale (AFS) equity in­­vest­ments of RM4.26bil, impairment loss on AFS debt security instruments of RM7mil and other adjustments of RM4.85bil.

Read on in The Star HERE.

We do need stupid government supporters with fake degrees and unschooled

On TH third police report on illegal hibah, Mowardi should scrutinise new management with regards to impairments and exceptions they used to justify the upcoming hibah announcement that could be illegal and inconsistent with their allegation of TH's 2017 hibah. 

Get specific and technical. Then, "bebas" journalism and freedom of the press is truly towards truth, justice and nationbuilding for alif, ba, ta and not defend a "pencuri, penyamun dan perompak".

Read the Tabung Haji Act 1995 cover to cover, line by line, and not rely totally on what Yati feed you, dummy!

Bantuan Sara Hidup (BSH) 2019 Sebanyak RM100 Untuk Golongan Bujang

Selasa, Feb 19 2019

SIARAN MEDIA
KEMENTERIAN KEWANGAN MALAYSIA
BANTUAN SARA HIDUP (BSH) 2019 SEBANYAK RM100 UNTUK GOLONGAN BUJANG

Berdasarkan keputusan Kabinet pada tahun lalu, Kerajaan telah menyediakan Bantuan Sara Hidup (BSH) pada tahun 2019 dengan mengutamakan keluarga dan telah menyediakan kadar tambahan mengikut bilangan anak di bawah tanggungan. Namun begitu, YAB Perdana Menteri telah menekankan bahawa isu tekanan kos sara hidup perlu diberi perhatian bagi semua yang berkeperluan dalam masa terdekat.

Inilah sebabnya bayaran BSH sebanyak RM300 dibayar pada 28 Januari 2019 kepada semua isi rumah yang berkeluarga sungguhpun masih berdasarkan pengkalan data lama yang belum dikemaskini. Tambahan, YB Tan Sri Muhyiddin Yassin, Timbalan Presiden Pakatan Harapan telah menyarankan supaya turut dibantu anak muda yang belum berkahwin dan bekerja tetapi berpendapatan kecil.

Lantaran saranan tersebut dan sebagai menepati hasrat Kerajaan berjiwa rakyat yang berkeprihatinan, Kementerian Kewangan, sebagai permulaan, akan membuat bayaran RM100 kepada setiap individu yang terdaftar di bawah kategori bujang dalam pangkalan data BSH 2018. Bayaran tersebut akan dibuat pada hujung bulan Mac 2019 dan dimasukkan terus ke dalam akaun bank mereka. Bayaran ini akan memanfaatkan lebih daripada 3 juta individu dan melibatkan peruntukan RM300 Juta.

Berhubung dengan bayaran selanjutnya, kadar bantuan BSH bagi 2019 untuk golongan bujang akan dikaji semula dan dibentangkan kepada Jemaah Menteri untuk dimuktamadkan.

Sekiranya terdapat sebarang pertanyaan lanjut, boleh menghubungi talian bebas tol 1-800-88-2747 serta e-mel kepada: bsh@treasury.gov.my.

Sayangi Malaysiaku!

Lim Guan Eng
Menteri Kewangan
Kementerian Kewangan Malaysia
Putrajaya
19 Februari 2019