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Tuesday, May 8, 2018

PAKATAN REPEATING SAME MISTAKE

Pakatan is repeating the same mistake they made in 2013, big show in the cities and towns and heedless and neglect of the rural votes.

This is their biggest chance to unseat the mighty BN, but due to faction, friction, greed and bad strategy, they may again screw up their chance to win the trophy. It will be another case of what you see is not what you get.

They did excellent job of using the social/alternative media to disseminate gut-wrenching propaganda against BN, some are true, but most are lies and fabrications, which had been effective in mostly urban and some semi-urban areas, but the overkill also has its side effect in mainly Malay rural population, who are slighted by some of the derogatory remarks made against their leaders.

No matter how hard they tried, the countrified Malays have a deep distrust of the DAP Chinese, making it harder for Pakatan to penetrate the Malay hinterland.

In Sabah, Warisan has gained some traction, mostly in the East Coast and some Kadazan/Chinese dominated areas, but not likely to steal the thunder from BN, because of the Mahathir factor, which is still resonating among the local population till now, so much so, Shafie Apdal advised Mahathir not to come to Sabah during the election period.

Indeed, it will be a close fight with two possible outcome ........a hung parliament, or razor thin win for either side.

I wrote the article below 10 days before the 13GE.

Thursday, April 25, 2013


If You Want To Win This Election,Take Care Of The Kampongs

Hantu Laut

If you want to take over the government, you have to win the rural seats.

In the kampong, people only care about food and money. They have no time for the luxury of intellectual talks, promises of bed of roses that may never bloom, or promises of cleaning up the country of corruptions, which they do not understand.

Simple kampong folks have simple needs and the least difficult to please, unlike their urban counterparts, where hypocrisy rules the waves.

The party that embrace this georgic doctrine will be the first to past the post and take the chequered flag.

The rural areas are where the real battle should be and where most of the seats are located. Canvassing and campaigning are made much easier due to smaller population of voters in each constituency. However, logistic cost could be much higher due to remoteness of some of the places. 

While PR leaders are pampered by the urbanites, BN knew the nook and cranny of the back country and knew what the people want.

Based on the result of the 2008 general election where BN won 112 of 139 small constituencies, they only need roughly 19% out of the total number of voters to grab enough seats to form the government. In 2008, the smallest constituency was Putrajaya with just over 6,000 voters and the biggest was Kapar with a staggering 115,000 voters.

The backcountry is BN territory, or rather UMNO territory, where the tentacles of the Internet had not yet reached out and ripped the marbles out of the village folks. After over half a century of running the government, BN knew where the feeds for the bastion of power come from. The rural areas hold the key to Puterjaya.

On the other hand, Pakatan Rakyat, a coalescence of divergent old and new political aspirants appealed to the intellectuals, pseudo-intellectuals, the Internet savvy crowd, who fully depend their source of news and information on the alternative media, but ignored the rustic interior. 

In the urban jungle, many are youths who have had no inured journey to adulthood with leaders of the time, young and impressionable, they are strongly attracted and influenced by PR's promise of fabulist's list of goodies and promise of death blow to corruptions in government should they win the elections. 

Anti-corruption and calls for free and fair election is the paradigm of Anwar Ibrahim's campaign to wheedle the people to support him and Pakatan Rakyat, which worked well in the urban areas but failed to stir the rural population.

BERSIH, an NGO headed by former President of the Bar Council Ambiga Sreenevasan is suspected to be covert operation for Pakatan Rakyat, but she vehemently denied the allegation, albeit, some of her actions betrayed her declaration of BERSIH non-aligned status. Many suspected her of lying. The connection seems obvious. 

One 28 April 2012, Ambiga organised a pre-planned demonstration called BERSIH 3 (she has organised 2 previous ones under same name) that attracted a massive 200,000 people on to the streets of Kuala Lumpur, demanding free and fair elections. Skeptics believe without pre-arrangement of the oppositions help she won't be able to garner more than a thousand let alone tens of thousands of people. Many that came are members and supporters of opposition political  parties and onlookers out for festive mood. Many in UMNO suspected it to be a rehearsal for the real one, the Malaysian Spring, that may come should PR lose in the 13th GE. Anwar is known for his street culture from his heydays as student and social activist. BERSIH is a culmination of his mutinous ways.

Pakatan leaders like to bathe in the limelight of the urban jungle where amassing crowd of tens of thousands is not as arduous as in the rural areas, if you hang the right carrot. They miscalculated that one urban constituency can equal to as many as 5 or more rural constituencies. 

There is nothing illegal in the delineation or gerrymandering of electoral boundaries as made out by Amiga and Pakatan leaders to hoodwink the people. 

Due to better logistic, urban areas with better roads and communication facilities are easier to cover than rural areas and higher population density make for bigger number of voters in the constituency.  

Listen to Ambiga's fuzzy lecture misleading the people:


Most of what she said in the video are half-truths and double-speak. 

In the U.K the same prevails, there are small voices that complained but generally the people accept the system that have been with them for few hundred years. No British political party had ever complained or made a big issue of the seemingly unfair 'first past the post' system. Everyone accept defeat in their stride.

It's a system we inherited from the British colonialists.

Below is the result of the British general election in 1997

UK General Election 1997
CandidatesVotes
PartyStandingElectedGainedUnseatedNet % of total %No.Net %
Labour6394181450+ 14563.443.213,518,167+8.8
Conservative6481650178–17825.030.79,600,943–11.2
Liberal Democrat63946302+ 287.016.85,242,947–1.0
Referendum Party54700002.6811,849N/A
SNP72630+ 30.92.0621,550+0.1
Ulster Unionist161010+11.50.8258,3490.0
SDLP18301–10.50.6190,814+0.1

The table shows Labour gets 43% of the popular votes but 63% of the seats to form the government on their own and there had been many elections like this in the U.K, yet there was never accusation of cheating or unfair electoral practices.

The Malaysian electoral rolls may be not all that perfect, but I doubt there have been massive cheating by the government to deprive the people of choosing the government of their choice. 

In spite of allegations of cheating the oppositions won 5 states and 82 parliamentary seats and deprived the BN of two-thirds majority in 2008. It was unpremeditated, accidental and unexpected. No one expected the result. Many expected a strong oppositions showing but never expected BN to lose 5 states.

Today, things are different, the new man is not the same as the man who "rest on his laurel" and had perennial fascination of his landslide victory which precipitated in political disaster for him and his party in 2008. 

Najib, in spite of all the odds against him is working hard to change the face of Malaysian politics and bring reforms to the party and country. Given a strong mandate, I believe he can and will do it.

While Najib is romancing the poor and the economically challenged, our much loved opposition leader Anwar Ibrahim prefers the glitz and glittering lights of the city where tens of thousands of his fans can applaud him. He is also fond of transversing the globe to meet other world leaders to prepare himself to be "Lord Of The Flies" (read William Golding's book of the same name, if you don't know what it is) in a soon to be paradisiacal nation?

He must have a huge war chest, but can he wins the elections.


  

Thursday, April 9, 2015

Pembangkang "Panas Panas Tahi Ayam"

Hantu Laut

I feel sorry for all the Pakatan supporters, who put so much faith in their quirky and unreliable elected representatives, who promised them heaven and hell to change the face and fate of this country for the better, if they were given a chance to govern. 

What happened in Parliament recently has shown that they prefer their beauty sleep over the promise of making the country a better place for everyone. They failed their first test big time.

Due to absence of many of their MPs, they have allowed the government to pass another repressive law.

To make thing worse, they are now making excuses for their irresponsible act and inaptitude.

Read  

It’s a matter of principle, Wong Chen


If that was the case why the need to attend Parliament at all, might as well all of them stay at home?

It's so much easier taking defeatist attitude........... ain't it?

Inilah pembangkang yang hanya "PANAS PANAS TAHI AYAM"




Wednesday, April 1, 2015

GST: Shame On You

Hantu Laut


NEPAL (Where I am at the moment)
I have been here close to two months and was in Turkey and Greece a week ago.
Fuel price here:Diesel 0.78 Euro = RM3.09 per litre
Petrol 0.98 Euro = RM3.89 per litre
VAT (GST) 13%
Nepal is one of the poorest nations on the globe, yet people take everything in their stride.
Malaysia GST come into effect on 1st April 2015 (today) after almost a year of deafening political crescendo against its implementation fuelled by the opposition's overzealousness in pushing on a hurried demolition of the beleaguered government.
Malaysia per capita fuel consumption in 2013 was 265 litre (Pop 30 million)
See countries below for comparison.
Thailand 74L (67)
Indonesia 86L (252)
U.K 220L (63)
Japan 329L (126)
We consumed more (sic) fuel per person than industrial Japan.
They complained about everything from the prices of fuel to the price of their underwear, when we are one of the cheapest in the world.
Try figure out how wasteful and useless Malaysians are when come to saving. Our household debt was 87% of GDP in 2013, in the top 10 in the world. They never stop complaining and whining about how expensive everything are, but are awful wasters and gas guzzlers themselves, want everything cheap and free, spoilt by years of government subsidies.
Just 6% GST, they make so much noise, like the world falling apart on them.
The irony, the biggest squanderers are not the poor, but the middle class and the wealthy........http://www.thestar.com.my/story/…
.......and so are those, who ceaselessly complaining, the same group of people.
Shame on you Malaysians!

Friday, March 13, 2015

To All Malaysia's Prophets Of Doom: Here's From The Godfather ( IMF) Of The Global Economy


Hantu Laut

I am not going to say much about 1MDB in relation to the overall performance of the economy, but as long as it stays afloat the Malaysian economy will not be seriously affected. 

The fundamentals are still good.  

PM Najib should not be too happy, the political situation will not change until there is some semblance of radical transformation of good governance.

Below is a review of the 2014 Malaysian economy by IMF.


Thursday, March 12, 2015

Why 1MDB Parked Its Money In Singapore?

Hantu Laut


Veteran Newsman Questions Rationale Of Parking 1MDB Funds In Singapore.


Again, I must qualify this is not a support for 1MDB (something is rotten in Denmark applies), but since they are keeping their inelegant silence, maybe, I can throw some lights on the controversy, why 1MDB keep parking the money outside the country. 

I don't believe in prolixity, so I'll make it short and breezy in layman's terms.

If you know the nitty-gritty of international banking and finance, it's not hard to understand why they keep parking the money outside Malaysia.

Why Singapore?

Singapore, being a financial centre allow non-residents to park their money in time-deposits in foreign currencies, where you can place your money in most major currencies and interest earned are not subject to Singapore tax (non-residents only)

Unlike Malaysia, many banks in Singapore have two departments, the DBU (Domestic Banking Unit) and ACU (Asian Currency Unit). 

Singapore is not short of banks that will gladly accept this kind of money as long as they are comfortable with where it came from.

Why 1MDB parked the money outside Malaysia?

If 1MDB remit the money back to Malaysia, they will have to convert it to local currency and they will no doubt collect more ringgit in exchange for the US$ funds, but should any of its foreign obligation matures anytime soon, they will have to incur massive foreign exchange losses, if they have to use ringgit to repay the foreign debts, so it makes sense to keep the money in the original currency, which, unfortunately, has to be placed in one of the financial centres as Malaysia do not have, or rather do not allow foreign currency deposit in the country.

The explanation given by PM Najib for keeping the money in Singapore because of BNM ruling requiring its approval for amount over RM50 million is wishy-washy, a terrible misguidance. Who would believe BNM can put a hurdle on a sovereign fund the brainchild of the PM? Why would BNM objected whatever the amount is for money coming into the country and allow billions to fly out of the country without a squeak?  

As a matter of fact if the US$1.1 billion had been remitted back to Malaysia, it would have strengthened the ringgit wee bit.

On the other hand, there is also strong possibility that the money is encumbered as collateral or part of collateral of other borrowings, thus the constraint of bringing it back home and the inelegant silence.

One can imagine one of two things of the opaqueness of 1MDB operations, either they are completely arrogant, or they are in such a big mess, they just don't know how to respond sensibly.



Tuesday, March 10, 2015

1MDB Bank Negara Approval:Are They Barking Up The Wrong Tree?

Hantu Laut

Jho Low Claimed The “PM/ FM” Gave Approval To Keep Bank Negara In The Dark On 1MDB Loan

I 'll not doubt there is something rotten down in 1MDB and the goings-on, therein, may not be known to the PM.

As I have suggested earlier forensic audit of the account be carried out to detect any fraudulent transactions, such audit should be carried out by our Auditor-General together with a reputable international auditing firm, which has in-depth knowledge of the world of international banking and finance, the reason being our AG office may not be familiar with those complicated cobwebbed financial instruments.

What I am going to say here is not in support of Jho Low, 1MDB or the PM, it's purely my personal opinion.

I suggest you guys check out BN (Bank Negara) objectives and regulations before you freak out on this highly politicised issue.

Jho Low may be right about BN approval not required as it is an offshore to offshore loan in foreign denominated currency (no ringgit involved), which in all likelihood is outside BN jurisdiction, therefore, BN approval is not necessary. It also makes sense that only MOF (Ministry of Finance) approval is required as 1MDB is wholly owned by the Malaysian government under the jurisdiction and control of Ministry of Finance, therefore, the company's BOD approval is required and MOF being the sole shareholder of 1MDB, its consent is also required.

Being an entity under MOF, who else can give approval on the matter if not the Minister of Finance, who also happened to be the Prime Minister? Don't forget by virtue of being the PM, he automatically become the de facto CEO of all state-owned companies.

Bank Negara would be more concerned if there were going to be foreign exchange involvement, or if the loan originated or domiciled in Malaysia, or if proceeds of the loan remitted back to Malaysia, where there would be greater impact on the local currency, economy and financial well being of the country if things go wrong.

1MDB would only need to inform BN and gets its approval if it raised foreign loans or issued bonds and bring back the proceeds to Malaysia. Its borrowings from domestic banks must be reported to BN, who as regulator can block or vary the huge borrowings if it's worried of undue impact on the credit and monetary system. 

As it is, the ringgit had already gone deep down south due to comprehensive politicising of the issue that have created skepticism and distrust in the Malaysian economy. Today, the ringgit is 3.69 to US$1.00 due to highly speculative and effective rumoring rather than fact-based economic indicators. Malaysia, is now rated one of the most politically unstable countries among investors and fund managers and it will get worse if no effort is taken to stabilise the very fluid political situation.

Most of the blame should fall squarely on the shoulder of PM Najib Razak as he was more concerned in keeping his popularity and hold on to power within his own party rather than to revive and strengthen the party popularity among the populace.


If they are so sure of the BN regulation, why SR (Sarawak Report) not named the source in Bank Negara who says to them such approval is required?

I think, Sarawak Report, Rafizi and the rest of the gang are barking up the wrong tree on the issue of Bank Negara's approval.

Saturday, February 21, 2015

Murder With Recourse:Why Western Media Blacked Out Sirul's Story ?


Hantu Laut

It's like a nuclear fallout to many Malaysians, the biggest scoop of the century with politicians from the opposite camp having a field day drawing their knives going for an overkill.

DAP Lim Kit Siang was having the biggest thrill of his life poking murderous pun at PM Najib here.

When it rains, it pours in Malaysia, but it's all quiet on the Western Front........ 

Why?

Why did the Western media blacked out Sirul's story?

I have trolled the Internet numerous times hoping to hook onto some reputable media in the West reporting the story first hand, there was none. Every search I made took me to pages of either Malaysian Insider, Malaysiakini, or some other Malaysian news portal or blogs.

Western media hungry for story like this seemed to have avoided the convicted killer like a leper. Not a single reputable Western media have published the story. The Australian media known for its rapacity for this kind of news have not had a single mention of the story.

Why are the Western media giving Sirul a wide berth and our Malaysian news portals and opposition leaders were having agonising orgasms of Sirul's story. A story from a man whose life hang by the thread, a convicted murderer who now openly admitted to the crime and a crime committed with recourse, but he has not named the person that order the execution.

In the West, I believe they are more conscientious that a convicted killer not be allowed to profit by selling his/her story.


Who did Sirul speaks to? 

There is no guessing who needed this kind of story the most for political mileage.

Saril's interview was with Malaysia's most popular pro-opposition news portal...Malaysian Insider and Malaysiakini, the most partisan and lopsided newsmakers with irrefutable loyalty to the opposition's cause. The disclosure have generated a raging thunderstorm among opposition leaders and their supporters.

How do you reconcile the irony of this convicted felon's conflicting statements............ that he obeyed order from higher up to kill Altantuya, but on the other hand said he had not admitted to the murder. 

He questioned the method he was convicted making it sounds as if circumstantial evidence used by the court was wrong. Many murderers from all over the world had, in the absence of direct evidence, been convicted on circumstantial evidence.

That was his story, but more mystifying is......... who let the horse bolted?

How did Sirul get his passport? How did he manage to pass through the immigration's blacklist? Was his name on the black list in the first place, or someone removed it to make it easy for him to escape? All these are questions left unanswered. 

How could a convicted murderer like him escape detection by the Immigration Dept when bankrupts and people who can't pay up their income taxes are barred from leaving the country, but a convicted murderer can leave the country without hindrance?

Shouldn't the Director of Immigration be hauled up to explain how the horse bolted the stable?

In most cases you do need a motive to kill someone. Most of the time you kill to cover your crime leaving no witnesses behind.

Sometimes, rapists killed their victims if they are known to the victims to cover the crime, as they say "dead man tells no tales"

Why are many Malaysians in ecstatic overdrive?

Is it showing that PM Najib has become very unpopular with the people?

Tuesday, February 17, 2015

Anwar: Blow by Blow


By Gopal Raj Kumar

ANWAR: CONVENIENTLY FORGOTTEN TRUTHS ABOUT THE MAN AND MYTH
  1. Anwar Ibrahim did nothing to reform the system when he was an insider. And mind you, he was sitting at its apex and even acting as prime minister between May and July 1997.He did nothing towards a repeal of the ISA, OSA, Emergency Ordinance or Sedition Act. Nor did he roll back the restrictions imposed by the Societies Act and the UUCA.
  2. In the 16 years that Anwar was rising up the Umno ranks until he was a heartbeat away from the very pinnacle, he made no changes for the better from the inside. On the contrary, it was he who poisoned Umno’s well through expanding and entrenching the culture of patronage and money politics.
  3. He is no democrat. In 1995, the Umno general assembly decided that the top two posts should not and would not be contested in its 1996 party election.
The assembly instructed that only Dr Mahathir Mohamad and Anwar could be nominated for president and deputy president respectively. Anwar was deep in the bowels of the BN system that has been dubbed a “guided democracy”.
Neither is Pakatan democratic. In the DAP, the first families of Lim and Karpal rule like as if the party is their personal fiefdom.
Guan Eng’s younger sister Hooi Ying is Penang DAP secretary. Three of Karpal’s children – Jagdeep, Gobind and Ramkarpal – are YBs. Ramkarpal was gifted an inheritance of his father’s Bukit Gelugor Parliament seat.
As for the PKR first family, Daddy is Anugerah Tuhan aka ketum parti, Mommy is president and Oldest Girl is vice president. There’s even talk of Younger Girl being given the chance to contest Permatang Pauh, previously rotated between her parents.
What democracy are Pakatan people talking about?!
  1. Anwar was so Machiavellian in the ruthless way he toppled Ghafar Baba. Anwar was confirmed twice as Umno deputy president – in the 1993 and 1996 general assemblies.
He planted cells everywhere, appointing his coterie to vital and pivotal positions in the superstructure of the state. He was like a giant octopus with tentacles spread over the Umno machinery and the entire government bureaucracy. In short, he was a control freak.
Side note:
Man-in-a-hurry Anwar only served as Dr M’s deputy in Umno for five years (1993-1998) before trying to oust his boss. Unlike the treacherous Anwar, Tun Razak was a loyal deputy to Tunku Abdul Rahman. Tun Razak was Umno deputy president for 20 years (1951-1971) until Tunku resigned his party presidency in June 1971.
  1. True, Anwar was infamously given a black eye by the IGP but he was certainly not “beaten to within an inch of his life” as his declared by his lawyer. Reminder:A member of the Bar is not an aspiring novelist (or is he?). Hence he should always endeavour to be more factually precise in his expression and refrain from engaging in hyberbole.
Anwar, on the other hand, is an acknowledged drama queen. If you’ll recall, he had also alleged that he was being poisoned with arsenic. Oh, and the stage props – that ubiquitous neck brace and the wheelchair

Monday, February 16, 2015

Free Quran:Muslims Have Evil Intention ?

Hantu Laut

Free Quran? No thanks. What’s your motive?



Hi Bhai, next time do a bit of research before you open your big mouth.

What the difference, the Christians do it with their Bible.You can find a copy of the Bible in every room in every 5-star hotel all over the world including Malaysia.

Lest you forget the Malaysian government never stopped these hotels from allowing them to be party to helping missionary work for Christendom.


The Gideon Bibles placed in hotel rooms (in Malaysia and all over the world) and hospital wards (in many Western countries, but not in Malaysia) is for the purpose of spreading the Christian faith.


Free Qurans.....FREE! means free, you can accept the gift or politely reject it. 

Why is it when Christianity do, it's OK, but when Islam do, Muslims have evil intention?



Thursday, February 12, 2015

"Behind every great man there is a great woman"........she makes you, or destroy you!

Hantu Laut

"Behind every great man there is a great woman"........she makes you, or destroy you!

Acrimonious Split Rattles Malaysian Premier’s Family


The announcement last week by top Malaysian banker Nazir Razak of his intention to file defamation charges against bloggers believed connected to a close friend of his brother, Prime Minister Najib Razak, has laid bare what has been whispered about for months in Kuala Lumpur.
There is a growing, acrimonious rift in the Razak family, much of it over the deeply indebted government-backed investment fund 1Malaysia Development Bhd, and Najib’s siblings’ relationship with the prime minister’s wife, Rosmah Mansor, partly because of her ostentatious flaunting of enormous wealth.  Rosmah, in addition to concerns about her behavior, is believed to have convinced her husband to initiate the 1MDB fund, which is backed by the Ministry of Finance.
One of the questions circulating in Malaysia’s business community is whether the family feud might result in problems for CIMB, the fast-growing Malaysia-headquartered bank that Nazir heads and which has become one of Southeast Asia’s leading financial institutions. Observers say CIMB owes at least some of its rapid growth to its connections to the family and hence to UMNO. “Its political connections are probably no longer a slam dunk asset for Nazir,” a business source with connections to the government told Asia Sentinel. 
“The brothers openly criticize Rosmah at dinner functions and family events,” a well-wired source told Asia Sentinel.  “I have heard them myself. Nazir’s family has moved to Oxford, where he spends 60 to 70 percent of his time. His elder brother Nizam spends time with his family in Boston. The two elder brothers Johari and Nazim also cannot get along with Rosmah.”
It was Nazim, according to two sworn declarations, one by a business associate of Rosmah and the other by the late private detective Perumal Balasubramaniam, who played a role in forcing Bala, as he was known, out of the country in 2008 after he issued an initial statement that Najib himself had been the lover of Altantuya Shaariibuu, a Mongolian woman murdered in 2006 in one of Malaysia’s most notorious killings and who was peripherally involved in a massive bribery case involving the sale of French submarines to Malaysia.  After Bala made the statement, he was told to get out of Malaysia and was given a hefty bribe to do so. Allegedly it was Nazim, a Kuala Lumpur architect, who took Balasubramaniam to the Hilton Hotel in Kuala Lumpur to write a statement recanting his version of the relationship between Altantuya and Najib. 
The acrimony is so bad that some of the family have spent their Hari Raya holiday – the celebration at the end of the fasting month – in Phuket and Singapore to avoid going to the prime minister’s obligatory open house, the source said.
A truly great woman below:

One of the greatest woman of the 20th century, stood by her man, care for her poor people.


Tuesday, February 10, 2015

Putsch On Najib?: New York Times Dalam Bahasa Melayu


Hantu Laut

This could be the first for the New York Times, an article in Bahasa Melayu.

The question is why did NYT go to such extent with its story on Malaysia's current PM and his family involvement in some very questionable deals.

Are there invisible hands behind this putsch on Najib? 

Was it mere incident that the article was published a day before the judgement day of Anwar's sodomy case? The Federal Court decision is expected out today.

Below is a an abridged version in Bahasa Melayu.

You can read the unabridged English version here.

You can also read the full length article  "Towers Of Secrecy" here. 


Urusan pelaburan di AS oleh seorang rakyat Malaysia yang rapat dengan ramai orang ternama menimbulkan tanda tanya


Taek Jho Low mulai mendapat perhatian umum semasa beliau masih lagi dalam usia 20-an, apabila beliau mulai menghabiskan ribuan dollar bersama rakan-rakannya di kelab-kelab malam sekitar Manhattan. “Spekulasi mulai timbul tentang dari manakah sumber kewangan Jho datang,” lapor The New York Post.
Namun, sejak itu, persoalan yang berlegar-legar tidak lagi hanya tertumpu kepada kehidupan malam beliau. Low memperlihatkan dirinya kepada umum sebagai seorang pelabur yang besar dalam bidang perniagaan dan hartanah di Amerika Syarikat. (Read in English.)
Walaupun Low mempunyai hubungan rapat dengan beberapa orang kenamaan, namun begitu, terdapat sebuah keluarga yang terus-terusan dikaitkan dengan Low, iaitu keluarga perdana menteri Malaysia sendiri, Dato’ Seri Najib Razak. Low mulai berkawan rapat dengan keluarga Najib semasa Low masih belajar di sebuah sekolah tinggi swasta terkemuka berhampiran kota London. Baru-baru ini, Low turut terlibat dalam pembelian sebuah unit kondo mewah bernilai RM 117 juta di tengah-tengah bandar New York oleh anak tiri perdana menteri tersebut, di samping membantunya dengan syarikat perfileman yang telah menerbitkan filem “The Wolf of Wall Street” dan “Dumb and Dumber To.” (Teruskan membaca di sini dalam Bahasa Inggeris.)



Photo

Jho Low CreditIllustration by Michael Hoeweler 

Unit kondo mewah dan syarikat perfileman tersebut kini dipaparkan di dalam sebuah siri projek siasatan global oleh New York Times yang meneliti aliran wang asing yang masuk ke Amerika Syarikat, dengan menjadikan unit-unit kondominium di dalam bangunan “Time Warner Center” sebagai titik fokus.
New York Times mendapati bahawa walaupun sebahagian besar wang asing ini datangnya daripada sumber kekayaan yang sah, namun beberapa rakyat asing yang memiliki unit kondo di Time Warner Center telah menjadi subjek dalam beberapa penyiasatan kerajaan. (Teruskan membaca di sini dalam Bahasa Inggeris.)

Projek ini turut memaparkan artikel-artikel tentang ahli-ahli politik dari Mexico (akan datang minggu ini) dan Rusia (akan datang minggu ini), dan juga tentang seorang ahli perniagaan kontroversi dari India (akan datang minggu ini). New York Times juga mendapati bahawa kini, lebih setengah daripada pembeli-pembeli unit kediaman mewah di bandar New York memilih untuk melakukan pembelian secara rahsia dengan menggunakan tabung amanah atau jenis syarikat yang lain, daripada memilih untuk menggunakan nama mereka sendiri.
Pada tahun 2011, Low telah membeli sebuah penthouse di Time Warner Center bernilai RM 109 juta dengan menggunakan sebuah syarikat yang rahsia. Pada masa yang sama juga, Low mulai dikritik oleh umum di Malaysia. Kritikan tersebut mempersoalkan peranan Low dalam pembentukan 1MDB, yang merupakan syarikat pembangunan strategik milik kerajaan. Sejak itu, parti pembangkang dan juga beberapa ahli UMNO terus mempersoalkan 1MDB, di mana lembaga penasihatnya juga dipengerusikan oleh Najib sendiri. 
Baca seterusnya.



Tuesday, February 3, 2015

Are The Chinese Overly Sensitive, Or Politicking ?


Hantu Laut




Malays are seldom racists, misguided maybe, but there is no inherent racism in them. Ibrahim Ali and those of his ilk is a different kettle of fish.Even they are not racists, they are just very angry Malays.

Ismail Sabri's choice of word may not be pleasing to some people's ears, but he made a very specific and profound statement...."boycott the Chinese traders who refused to lower prices" , the emphasis was on "those who refused to lower prices"

If people have not read between the lines there would not be a problem, or allegation of racism. He did not say boycott all Chinese traders, just those who refused to lower prices.

Can you blame him?

Let's get our perspective right, the reality, almost 90% of retail businesses in this country are in the hands of the Chinese in urban and semi-urban areas and the majority of consumers are Malays/Bumiputras with limited spending power. 

The non-Chinese outlets are minute, insignificant and immaterial to mention.

Sometimes, when push comes to shove, bluntness get noticed.