Sunday 18 June 2023

Taib’s billions - will the UG and Sarawak government turn a blind eye and do nothing like previous governments?

 No News Is Bad News

UPDATE:

Astana dispels rumours about Taib Mahmud’s health

By SHARON LING

SABAH & SARAWAK

Thursday, 22 Jun 2023

6:57 PM MYT

 

KUCHING: Sarawak Yang di-Pertua Negeri Tun Abdul Taib Mahmud remains well and in good stead, says the Astana.

In a statement on Thursday (June 22), it said there was no truth to rumours surrounding Taib's health.

"We would like to assure that all viralled and unverified news which are not from Astana Negeri Sarawak regarding the wellbeing of Tun in social media platforms are completely fake and untrue," Taib's private secretary Junih Salleh Ahmad said in the statement.

He also called for all adverse reports and rumours about Taib to be put to rest.

The statement came following viral social media messages claiming that Taib was ill or had passed away.

Taib, 87, is currently serving his third term as Yang di-Pertua Negeri after being reappointed for two more years by the Yang di-Pertuan Agong on Feb 28 last year.

He was previously Sarawak's longest-serving chief minister from 1981 to 2014.

He became the seventh Head of State on March 1, 2014, succeeding Tun Abang Muhammad Salahuddin Abang Barieng.

His term was extended for another four years in 2018. - The Star

UPDATE: 

Sulaiman Taib’s suit against stepmother ‘baseless’, says lawyer

Shankar Ram also urges the public to refrain from speculating on the case.

FMT Reporters - 19 Jun 2023, 9:10pm

Sulaiman Abdul Rahman Taib is seeking an injunction to block the transfer of shares to Raghad Kurdi Taib.

PETALING JAYA: The suit brought against Raghad Kurdi Taib, the wife of Sarawak governor Abdul Taib Mahmud, over shares she received from a private company is “baseless”, her lawyer said.

“It should not be in the court in the first place,” Shankar Ram was quoted by The Borneo Post as saying. 

He was responding to a suit filed by Taib’s third son, Sulaiman Abdul Rahman Taib, against his stepmother on June 15.

Sulaiman is seeking an injunction to prevent the transfer of shares to Raghad.

Shankar said certain news reports may be defamatory towards Raghad and urged the public to refrain from speculating on the case.

Sulaiman, a former deputy tourism minister, is managing director of Cahya Mata Sarawak Group.

He is represented by counsel Alvin Chong and Jonathan Tay.

Sulaiman’s mother, the late Laila Taib, died in April 2009.

Taib married Raghad in December the following year.

 

Taib’s billions - will the UG and Sarawak government  turn a blind eye and do nothing like previous governments?

KUALA LUMPUR, June 19, 2023: As the 87-year-old colon cancer-stricken Taib Mahmud’s health takes its toil on his health, his family members have started tussling for the former strongman politicians billions of Ringgit in wealth.

SarawakReport has published a damning report on the heirs’ squabble for Taib’s wealth.

But that should not be story as Taib’s wealth is common or public knowledge to many Malaysians.

The real question is whether Anwar Ibrahim’s Unity Government (UG) and Sarawak Chief Minister (CM) Abang Abdul Rahman Zohari Abang Openg government will respond with any sort of probe to determine the source of Taib’s so-called “excessive wealth”.

The CM took office on Jan 13 , 2017.

Much is expected to be revealed in court after at least one of Taib’s four children, Rahman Sulaiman, is currently contesting the transfer of 50 million CMSB shares (worth over RM 1 each at current prices).

The case is scheduled for hearing today (June 19, 2023).

No News Is Bad News reproduces below the damning SarawakReport on the Taibs:

:

Ragad's Next Move Is A Landgrab! - EXCLUSIVE

18 Jun 2023

 UPDATE – BREAKING NEWS:
As the unfolding battle between Taib’s future heirs reaches court today, Monday 19th June, more exclusive information has been obtained by Sarawak Report that indicates that the state of health of the ailing Governor has critically worsened.
The jet in which he was travelling to Turkey on Saturday was forced to turn back when the octogenarian who has colon cancer suffered an intestinal blockage, a condition that can result in extremely severe consequences.
According to intelligence received, the Governor is now warded in the Kuching Hospital receiving treatment.

– Meanwhile, Sarawak’s premiere land grabbing Taib family may be shocked to learn that ‘stepmum’ Ragad has been grabbing land off them. This comes just days after SR revealed that Taib had allegedly also signed over 50 million CMSB shares to his second wife –

Sarawak Report can exclusively reveal that last week, just as the Taib Mahmud’s son Rahman Sulaiman moved to contest the handover of family shares in CMSB to the elderly Governor’s second wife Ragad, another transfer of valuable assets was also taking place.

This time the ‘loving gift’ consisted of three plots of plum property in Kuching. Worth millions of ringgit, according to insiders, they consist of two commercial properties on Jalan Kulas, presently the location for RHB Bank HQ in the area, as well as a huge chunk of prime building land in the top residential area adjacent to Taib’s own spacious residence Demak Jaya.

 

Smartest residential building location in town?

The Damak Laut plot is larger than Taib’s own residence and garden and boasts an eviable lengthy stretch along the river for exclusive water access and views.

The ownership transfer is believed to have been quietly submitted at the Land Registry around close of business on Wednesday, June 14 by the law firm Azlina Johan Advocates.  Research into the registry indicates the Memorandum of Transfer was submitted without the original land titles (as is required) in an apparent bid to conceal that the original owner was Taib Mahmud.

 

New owner of Lot 1191 block 19 salak land district (Demak Laut) is Ragad

The present beneficiary is clear, however. It is Ragad Kurdi Taib and she has received the prime property as a “Transfer through love and affection” which means it comes tax free.

Given that at least one of Taib’s four children are currently contesting the transfer of 50 million CMSB shares (worth over RM 1 each at current prices) it is highly unlikely that the Governor’s offspring have been informed of this separate further enrichment of their stepmother.

The CMSB case is due to return to court this very Monday morning where Rahman will be seeking to obtain an injunction on the grounds that the shares were left in his mother’s will to her own family (her four children and Taib) and that it was therefore illegal for Taib to hand them over to his second wife.

This dramatic turn of events will inevitably heighten suspicions rife in Kuching that the 87 year old former chief minister and once notorious strongman of Sarawak is no longer in control of his own affairs.

There have been numerous health concerns following his recovery from colon cancer several years ago and there was considerable astonishment over his second marriage to Ragad in 2010, given she was four decades younger than him.

 

Facade of unity? Taib’s four children and Hannah Taib’s spouse line up behind the Governor and his decades younger wife.

Reportedly introduced through a marriage broker in the Middle East, it was widely assumed the Syrian bride was acquired largely for political reasons to counter accusations that Taib was too old to remain in office.

However, it soon became clear she had ambitions to step into the limelight and exert influence, if only on behalf of the two sons she turned out to have acquired through two previous marriages.

Ragad is now seen always at the increasingly frail Governor’s side, usually steering him through his paces at official and public events.

There has been widespread concern for some time over the Governor’s cognitive abilities and it is more than likely that those contesting these sudden handovers of assets, that were once firmly controlled by Taib himself, will seek to suggest that he has been made subject to undue control or even that a secret power of attorney may have been obtained over the official head of state!

If so, it would not be the first time Sarawak Report has exposed such a state of affairs. It was this site that revealed that none other than the previous official head of state of the UAE, Sheikh Khalifa, was likewise secretly relieved of control over billions of dollars worth of his private assets by his half brothers, the Crown Prince MBZ and Sheikh Mansour. some years before his death. - SarawakReport

 

Lots 360 and 361 Jalan Kulas Kuching – valuable commercial plots

Taib Mahmud also has billions of dollars worth of assets and it is clear that, as the former ‘CEO’ of Sarawak starts to fail, the battles between the would be inheritors of his wealth has well and truly begun.

 

RHB Bank HQ at the site of Jalan Kulas Lot

Time to Freeze Taib Assets

Many will welcome Rahman Sulaiman’s move to freeze at least some of his family assets.

Given the enormous stakes involved and the clear evidence that all this wealth was acquired by gross corruption, kleptocracy and abuse of office, many would urge the relevant authorities to make their move now to freeze not only these but all the Taib possessions before they are purloined from under the Governor’s nose, so that they can be returned to the people of Sarawak to whom they belong.

 

Taib’s river residence – Ragad perhaps plans her dower house next door?

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