Monday, January 15, 2018

Felda got back its land, KLVC to go as planned


Updates: :




I just want the land. We have never discussed stopping the project. The project is the project, the land is the land. I’m not questioning the development agreement. The development agreement is legitimate, FIC (Felda Invesment Corporation) had signed it, the (then) Felda chairman and the (then) Felda director-general had given the power of attorney in June 2014.- YB Shahrir Samad, Felda chairman in an interview with The Mole this morning, hours before the developer of the KL Vertical City (KLVC) project on the Felda's Jalan Semarak land returned the land titles to Felda. 

Read the full report h e r e

Friday, January 12, 2018

Black eye for a black eye: The real reason why Dr M failed to see Anwar Ibrahim in jail!



Dr Mahathir Mohamad said he had wanted to see Anwar Ibrahim to thank the jailed former Opposition leader for supporting his PM candidacy. I think the real reason the meeting didn't happen is because Anwar himself didn't want Mahathir as a visitor. As  Dr MiM suggests here, Anwar wouldn't want to be seen as subservient to Mahathir. Anwar would make sure he has total control over the outcome of any meeting with Mahathir. Anwar fully realises that Mahathir does not have any bargaining power here. 
The official reason, meanwhile, is simply that Mahathir didn't write in to the authorities to request visiting rights. Even YB Nurul Izzah, Anwar's daughter, has confirmed it, h e r e and you could see she wasn't particularly upset about the whole incident. 
YB Salleh Said Keruak told Mahathir even a convict's wife needs to formally apply to visit. "There are laws and procedures. As the Pakatan Harapan's PM-candidate, he should be the first to lead by example and not abuse his power or break the law. By doing so, he's only teaching the Malaysian people that if you are someone you don't have to abide by the law." (Perdana Menteri pun perlu mengikut undang-undang).

Wednesday, January 10, 2018

Mahathir: A Solusi or the Problemo?



Jan 10: The organisers of a forum tomorrow night to discuss the nation's fate if Mahathir Mohamad becomes PM again have agreed to add two more speakers to ensure a more balanced discourse. The two are Rais Hussin, who is the chief strategist for Mahathir's Pribumi party, and Hishamuddin Rais, former student leader. 
I wish they could include Perkasa chief Ibrahim Ali, who shocked many today when he slammed the Mahathir-Anwar alliance (Deciding on an ex-con to lead the country is a shameful act, says Perkasa president)), says Perkasa president). Perkasa has long been associated with Mahathir and Ibrahim was, until that statement, considered a Mahathir loyalist. 
I ask one of the organisers if they expect Mahathir to make a surprise appearance at the forum. "I hope he will."

Read also: Mahathir Solusi
Reformasi Untuk Mahathir oleh Seademon

Owh, so the Felda board knew all along?

Jan 10: By the end of their Day 3 today, the external auditors investigating Felda's on-going KL Vertical City project on the Jalan Semarak land (that was reportedly "lost", here) would have discovered that, contrary to some newspaper reports, the Board of Directors of Felda was fully aware of the multi-billion ringgit project, details of the land transfer, and the benefits and future income the project would bring.

According to The Mole (Felda land deal profitable, board had full knowledge) the Felda board met three times between 2014 and 2015 to endorse the deals between Felda subsidiary FIC and local Bumi firm Synergy Promenade Sdn Bhd, the master developer of the KLVC.

Construction on the KLVC started in 2016.

The Mole's exclusive:



KUALA LUMPUR – January 9, 2018: There’s another twist to the Felda Jalan Semarak land deal, with the latest information suggesting that the previous board members were fully aware of the deal between Felda Investment Corporation (FIC) and Synergy Promenade Sdn. Bhd. (SPSB).
On at least three occasions in 2014 and 2015, some among the Felda board who were also on the FIC board had met and endorsed the deal which promised the agency a minimum return of RM500 million.
The deal hogged the limelight after the Berita Harian last month published a report suggesting that the project to build the KL Vertical City there reeks of corruption.
According to the daily newspaper, all decisions pertaining to the June 2014 deal were made by FIC without the knowledge of Felda’s directors until they were informed about it in September of that year.
However, a source with intimate knowledge of the deal told The Mole today that the Felda board had endorsed it on the very day they were officially informed about the deal and then re-endorsed it on June 3, 2015.
The Felda board members then were Datuk Dr. Omar Salim, Datuk Seri Dr. Rahamat Bivi Yusoff, Datuk Norzirah Bahari, Datuk Mohd. Suhaili Said, Datuk Noor Ehsanuddin Mohd. Harun Narrashid, Datuk Abu Bakar Harun, Datuk Mohd. Khusairi Abdul Talib, Datuk Mohd. Isa Abu Kasim, Datuk Mohd. Emir Mavani Abdullah and Shamsudin Othman.
Ever since the Berita Harian report, Felda chairman Tan Sri Shahrir Abdul Samad has been pulling out all the stops to undo the deal although SPSB is said to have not found to have committed any breach of contract.
The source pointed out that the FIC-SPSB agreement was drafted in such a way that it is practically irrevocable, unless SPSB has breached it.
The exact wordings of the conditions for a breach are as follows:
“The parties hereto agree that FIC shall be entitled to terminate this agreement in the event the master developer fails and/or omits and/or neglects to complete the said project within ten years from the date of the first development order and the land conversion to the category of land use commercial, whichever is later.”
It is understood that Shahrir’s unhappiness stemmed from several seemingly lopsided conditions in the agreement which could result in Felda losing the land following the decision by the previous Felda and FIC boards to give SPSB  full power of attorney over the land.
While he did not discount the possibility of taking civil action against SPSB, Prime Minister Datuk Seri Najib Razak had late last month stated that the reports about Felda losing the land were inaccurate.
But Najib has also instructed an external audit firm to carry out a forensic audit on the project.
The Malaysian Anti-Corruption Commission (MACC) had also said that it found that the deal had no element of corruption.
Shahrir had portrayed the deal as a total loss for Felda but according to the source, FIC in fact is set to gain at least half a billion ringgit from it.
The source quoted the minutes of the 10th FIC board meeting on April 29, 2014, as such: “It was resolved that the company (FIC) do hereby accept the offer by SPSB on the proposed minimum guaranteed return (MGR) of RM500 million or 10 per cent of the gross development value, whichever is higher.
“The first payment of RM10 million being part of the MGR shall be paid within one month from the date of signing of the property development agreement.”
The estimated value of the land is RM200 million.

Tuesday, January 09, 2018

They thought they were going to hang this YB ...

Too hardworking and too good-looking 

THE PROBLEM with YB P. Kalamanathan, 52, besides the fact that he was one of the biggest by-election giant killers in Malaysia's recent political history, is that he works too hard and he's seen to be too clean. When you are both that, you make some people look bad. And some of these bad-looking people are actually bad and what they do is what bad people usually do: they try and fix you. And they now think they are fixing the Deputy Education Minister well and good ... 

The following WhatsApp message has gone viral. The anonymous sender (representing the bad people) says a report with the Malaysian Anti-Corruption Commission will be lodged against Kamalanathan on 11 Jan.

*Salam Sejahteta Tuan Puan yang dihormati*

*Mohon hadir ke Ke Pejabat SPRM Putrajaya  11 Jan,Rabu 11pagi.*
*Laporan mengenai salah guna kuasa & Peyelewangan oleh  Timbalan Menteri Pendidikan Dato Kamalanathan*
*Terbuktinya beliau  bersuhabat dalam 39 Projek Pembinaan Sekolah Tamil di Malaysia*
*Beliau telah melantik Consultant yang sama (En Ragu, saudara kepada dia melalui emak)  kesemua 39 sekolah.*
*Dalam sejarah Malaysia inilah kali pertama satu syarikat consultant dapat 39 projek sekali.*
*Jumlah nilai yang telah dibayar kepada syarikat ini anggaran dalam*
*RM 20 Juta*
*Inilah punca utama kelewatan persiapan bangunan seluruh negara.*
*Utk keterangan lanjut sila baca suratkhabar hari Malaysia Nanban-semua bukti penyelewangan ada tertera.Thurogi Kamathan.*
*Demi masa depan semua SJKT2 di seluruh Negara.  Dengan rendah diri minta datang ramai ramai untuk menjayakan perjuangan murni ini.*
*Please forward to all Indians including BN or Pakatan supporters.*

There are two big problems, though. The bad guys forgot or didn't know that:

1. The project above was awarded to the said company in Feb 2013, three months before Kamalanathan was made Deputy Education Minister

2.  Those contractors/consultants are NOT YB Kamal's uncle or cousin or nephew etc

p.s. So I don't think our anti-graft boys need to wait for these people to lodge a report. But Kamalanathan ought to take extra caution now. He's just made some bad guys look like idiots and I don't think these idiots are too happy ...