Taliban-like PAS Kedah MB working with drug cartel?

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Taliban-like PAS Kedah MB working with drug cartel?

KUALA LUMPUR, July 31, 2024: The Coverage today posted a compilation of news reports linking the Taliban-like PAS Kedah MB Sanusi Md Nor to a drug cartel.

Sanusi had announced to undertake the RM3 billion Kedah Rubber City project but the Corporate Mafia financier, Hong Seng, pulled out.

Despite no approval from federal, Sanusi is still in pursuit of the Kulim Aeropolis mega project. ECK has been cancelled and the multibillion project has been reassigned to Tahira Air Sdn Bhd, whose office is above a local favourite nasi ayam eatery.

Nuclearbursaman posting dated July 18th uncovered links between ECK and the names said thus leading to the ulterior motive of ECK’s interest in Kulim Airport.

No News Is Bad News reproduces The Coverage posting damning Sanusi:

Conspiracy Theory Linking Sanusi Kedah KXP Airport To Drug Cartel

31 July, 2024

 

When something does not make sense, more often than not, there is something sinister happening behind the scene. More so, when the unexplained mysteries such as the RM2.4 billion Penang cocaine bust in 2019 did not rest there. 

This is not linked to the last drug article on a Dato Malik implicated to an international drug syndicate involving India, Australia and New Zealand. So happen to be an associate of former MIC Minister, Dato Saravanan whose name surfaced following the commotion over PAC finding and Auditor General Report on HRDC.   

In the June 2023 article, the drug case trailed to a Ooi Chieng Sim which is linked to moneygame Tedy Teow, Hong Seng Consolidated and Corporate Mafia. 

Malaysians usually mudah lupa. For a refresher, Hong Seng was announced by Kedah MB to undertake the RM3 billion Kedah Rubber City project but the Corporate Mafia financier pulled out.

Despite no approval from Federal, Sanusi is still in pursuit of the Kulim Aeropolis mega project. ECK has been cancelled and the multibillion project has been reassigned to Tahira Air Sdn Bhd, whose office is above a local favourite nasi ayam eatery.   

Nuclearbursaman posting dated July 18th uncovered links between ECK and the names said thus leading to the ulterior motive of ECK’s interest in Kulim Airport. 

WiseGuy inside The Corporate Mafia : Muhammad Sanusi Md Nor 

OVER the past 48 hours, there had two reports which specifically highlights, the importance drug cartels have placed on control of Airports and Seaports. 

THE fact that Cocaine was now being manufactured in Malaysia, and then exported overseas via air transport should alarm the police and the general public.

IT is against this background, that one should look much closer into the Kedah Menteri Besar’s plan to build READ: a new airport in Kulim, Kedah.

LET’S not trouble ourselves with the merits and political gamesmanship in Kedah wanting to build an airport, but zero in instead on the troubling aspect with whom Muhammad Sanusi Md Nor wants to build the airport with.

MEET Khor Eng Chuen, whoes ECK Development Sdn Bhd is still on record to own 80 per cent of Kedah Aerotropolis Holdings Sdn. Bhd., the SPV company which will undertake to build and manage the airport.

THE investigative site, the CorporateSecrets has alleged that READ:  Khor Eng Chuen is linked to scam king Teow Wooi Huat (Teddy Teow)

IMAGINE if a businessmen who had being doing business with say the likes of Pablo Escobar or Joaquin “El Chapo” Guzman wants to build an airport in your backyard.

WHAT are the implications on the politicians pushing for the airport to be built on your backyard, as well as the implications to the security of the NATION STATE ? 

KHOR Eng Chuen has done business with companies controlled by the under detention drug lord Ooi Chieng Sim. VIEW: The Khor Eng Chuen deal with the then under direct control of Atta Global Bhd by Ooi Chieng Sim.

GETTING reliable information about Ooi Chieng Sim, the former executive chairman of ATTA Global Group Bhd and Heng Huat Resources Group Bhd, is proving to be difficult.

All those who spoke about him did so on condition of anonymity, which is understandable as they do not want to be associated with him, especially since he has been remanded by the police to assist in investigations relating to drug trafficking.

To recap, on Jan 30, Ooi and seven others were charged, under Section 39 (B)(1) of the Dangerous Drugs Act 1952, with trafficking in just under 5kg of methamphetamine at a warehouse on ATTA Global’s premises in Prai Industrial Estate.

Their arrest was part of what the police called “Ops Eagle Diamond” and was linked to another drug bust that involved more than 12 tonnes of cocaine worth RM2.4 billion — the largest drug haul in the country’s history — in September last year.

A corporate player says as far as he knew, Ooi was a big moneylender, including to corporate clients. Some merchant bankers knew Ooi and had met him but they declined to elaborate, saying that they had no part in his business.

As to who might be Ooi’s boss, many names were bandied about but most mentioned MBI International Sdn Bhd founder Teddy Teow Wooi Huat. At the end of May in 2018, Teow was charged with financial fraud — issuing unrecognised payment instruments by Bank Negara Malaysia in 2012 — and fined RM3 million.

The scam raked in billions for Teow and those involved with him. There were even allegations that some of the funds had flowed into many listed companies, although this was hard to prove.

Meanwhile, a former top narcotics division police officer tells The Edge that drug syndicates need to find ways to launder illegal proceeds because they cannot keep their money in banks.

“Modern drugs such as cocaine and ice are widely consumed by addicts, so you can imagine the amount of cash  that pours in. That is why drug syndicates have to keep buying companies, land and property.

“The syndicates don’t mind paying double what these assets are actually worth. I wouldn’t be  surprised if more companies and executives are involved in such activities,” he remarks.

Ooi was among eight men charged with trafficking in 4,980g of methamphetamine, reportedly at a warehouse on ATTA Global’s premises in Prai Industrial Estate. However, Heng Huat Resources has stressed that Ooi’s remand has nothing to do with the company.

Source : Thick Brick

Source : The Corporate Secret

Source : The Edge

Dr M allegedly used RM529b Petronas’ money to bail out sons

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Is Petronas hiding Dr M’s mismanagement of the national oil company?

Dr M allegedly used RM529b Petronas’ money to bail out sons

KUALA LUMPUR, July 31, 2024: The racist Dr Mahathir Mohamad (Dr M) reportedly squandered from Petronas RM529 billion since the 1970s to bail out his sons Mirzan and Mokhzani.

This was posted in a compilation of news (report CoconutKL, malaysiakini and The Star) by The Coverage today.

So, where is Petronas’ accountability and responsibility after some five decades (50 years)?

Also, no action by any authority - the Government, police and MACC?

And, this list:

They  own a total of 591 companies and total assets worth US$60 billion (RM283 billion).

And, all four are the racist Dr M's children - three sons and a daughter.

No other billionaire or even trillionaire in the world have such business-genius children who can make so much money in businesses.

The breakdown:

> MOKHZANI owns 255 companies, with estimated total assets worth US$21 billion;

> MIRZAN owns 156 companies, with estimated total assets worth US$17 billion;

> MUKHRIZ owns 128 companies, with estimated total assets worth US$13 billion; and

> MARINA owns 52 companies, with estimated total assets worth US$9 billion.

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No News Is Bad News reproduce below the article posted by The Coverage:

Mahathir Squandered From Petronas RM 529 Billion Since 1970s – Bailed Out Mirzan & Mokhzani

31 July, 2024 

 

Federal government in Putrajaya under Mahathir has been treating the oil and gas corporation as a cash cow, especially in bailing out government-linked companies in financial trouble.

Petronas provided the money to build some of former Prime Minister Mahathir Mohamed’s most grandiose projects, including the KL Twin Towers, the Putra Jaya administrative capital and to bring Formula One racing in Malaysia.

Petronas was used to get Malaysia out of an RM31.5 billion forex scandal perpetrated by Mahathir in the early 1990s in which the financier George Soros outfoxed Bank Negara, making billions and earning Mahathir’s eternal antagonism. It paid off US$800 million in losses from Mahathir’s ill-fated Perwaja Steel project. In 1998, it bailed out Mahathir’s eldest son Mirzan, purchasing his Konsortium Perkapalan for RM226 million and assuming debts of more than RM324 million. It also awarded in 2012 a RM700 contract to a firm in which Mahathir’s other son Mokhzani was a vice president.

Petronas has paid out RM529 billion to the government in the form of dividends, taxes, petroleum revenue and export duties.

In 1985, Petronas bailed out Bank Bumiputra with a Rm2.5 billion infusion. In 1991, Petronas shored up the banks’ finances again when it pumped in an additional RM1 billion.

In 1997, Petronas had to rescue the troubled Konsortium Perkapalan Berhad for RM2 billion.

Petronas was made to underwrite the construction of the KLCC Twin Towers for RM6 billion and the construction of Putrajaya for a further RM22 billion.

The bailout and construction of mega projects was done during the premiership of Tun Dr Mahathir Mohamad, who initiated a series of major infrastructure ventures in the 1990s.

“What is sinful and cannot be forgiven is the ease with which the powers that be had been dishing out subsidies to such entities like the national power supplier, the independent power producers and some other non-power outfits,” he said.

During the last few months of Mahathir’s second stint as prime minister, he tried to look at possible ways Petronas could raise funds. One of his ideas was to break up Petronas into smaller business units, the Petronas Chemicals Group, Petronas Carigali, and Petronas Gas, selling equity off to Sabah and Sarawak state governments.

With tourism, air transport, and logistics depressed, national governments, including Malaysia will have to go deeper into deficit financing to pump their respective economies.

This is a dilemma for Petronas which will be under extreme pressure to pay some form of dividend to help the government manage the forthcoming budget. Without help from Petronas, the finance minister will have to canvas a reintroduction of the GST, maybe even at a higher rate than previously, increases of income and corporate tax, and even the introduction of new taxes. The company has been a major contributor to Malaysia’s wealth. However, times are changing where it may not be a dependable lifeline for much longer.

Source : Coconut KL

Source : Malaysiakini

Source : The Star

Saturday 27 January 2024

Dr M - an ungrateful scumbag and mamak traitor to Malaysians

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Dr M - an ungrateful scumbag and mamak traitor to Malaysians

KUALA LUMPUR, Jan 28, 2024: There is a Tik Tok video titled “This is the new regime” featuring the racist Dr Mahathir Mohamad (Dr M) telling investors to stay away from Malaysia (view the above video).

Malaysians gave Dr M the opportunity to govern Malaysia for a total of 26 years and this is how he is repaying the rakyat dan negara (people and country). Such an ungrateful man and traitor to the people and country.

No wonder he is listed as the most evil Malaysian ever. This was what was found shared on Facebook:

*A Ranking of the 12 Most Evil Persons in Malaysia*

Who are the most evil and corrupt men and women in Malaysia? Here is a listing of the Dirty Dozen, ranked in order of how evil the person is and his effect on society.

The more evil the person and the more damaging his effect on society, the higher up the scale they go. Besides the top dog, the list includes his dark knights installed in every powerful institution that is meant to protect and uphold democracy in the land.

From the Attorney-General to the Chief Justice, judges, the ACA, the Election Commission and the police force, there is no institution which has not been corrupted by Mahathir. As Tunku Abdul Rahman said after the sacking of the Lord President Tun Salleh Abas, we are all in grave danger.

1. Mahathir Mohamed
The Father of Corruption

As the most dictatorial prime minister ever, this man certainly tops the list of most evil persons in Malaysia. He has practically destroyed all the institutions of democracy in Malaysia including the independence of the judiciary and there are no more checks and balances to his power. Concepts like justice, democracy and human rights mean little to him and he is comfortable hobnobbing with brutal regimes like Myanmar and Cuba. Corruption and cronyism flourish under his rule to an extent never before seen. Like a leader who corrupts all those under him, most of the people holding high office in the country are corrupt and beholden to him. The hallmark of Mahathir's rule is that corrupt men and women do not have to pay the price of their corruption as long as they remain loyal to him. An egomaniac who expounds large construction projects to cover his lack of spiritual values, he channeled the resources of the country into economically senseless mega projects to feed his ego and his cronies' pockets. Slowly but surely Mahathir's rule of corruption, cronyism and public-milking privatization is lowering the standard of living in Malaysia and making life harder for the ordinary citizen who must pay the ever increasing corruption tax. He will forever be remembered for his cruel and inhuman treatment of his deputy Anwar Ibrahim whom he jailed after Stalin and Hitler style show trials … (the other 11 most evil Malaysians have been omitted here).

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Thursday 18 January 2024

Wow! Dr M’s 4 children are born business geniuses

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 For image info, go to https://focusmalaysia.my/lokman-adam-has-tun-m-inherited-his-fathers-wealth-which-is-then-passed-down-to-his-sons/ 

Wow! Dr M’s 4 children are born business geniuses

KUALA LUMPUR, Jan 19, 2024: The four own a total of 591 companies and total assets worth US$60 billion (RM283 billion).

And, all four are the racist Dr Mahathir Mohamad’s children - three sons and a daughter.

No other billionaire or even trillionaire in the world have such business-genius children who are similarly successful financially.

The breakdown:

> MOKHZANI owns 255 companies, with estimated total assets worth US$21 billion;

> MIRZAN owns 156 companies, with estimated total assets worth US$17 billion;

> MUKHRIZ owns 128 companies, with estimated total assets worth US$13 billion; and

> MARINA owns 52 companies, with estimated total assets worth US$9 billion.

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What more need we say about the facts?

No News Is Bad News reproduces below a posting on the wealth of Dr M’s family:

 

The Coverage/News/MACC Orders Mirzan Mahathir To Declare Assets Worth USD 17 Billion Within 30 Days

NEWS

MACC Orders Mirzan Mahathir To Declare Assets Worth USD 17 Billion Within 30 Days

18 January, 2024

The Malaysian Anti-Corruption Commission (MACC) has confirmed that it summoned businessman Mirzan Mahathir to its headquarters in Putrajaya yesterday to be served a notice of asset declaration.

In a statement, MACC said it served Mirzan the notice under Section 36(1)(b) of the MACC Act 2009, which requires him to declare all the movable and immovable assets in his possession within 30 days.

Mirzan is the eldest son of former prime minister Dr Mahathir Mohamad.

“This asset declaration notice is a continuation of MACC’s investigation into information from the Panama Papers report and his (Mirzan’s) business activities involving the sale and purchase of government-linked companies (GLCs),” MACC said.

“MACC initiated the investigation in August 2022 as part of its probe into all entities mentioned in the Pandora Papers and Panama Papers reports.

“MACC is examining financial documents and the ownership of assets by the entities listed in the reports.”

It said 10 witnesses have had their statements recorded, with the investigation still “actively ongoing”.

MACC did not state whether the 10 witnesses or the investigation was specific to Mirzan or all the Malaysians mentioned in the Pandora Papers and Panama Papers.

The Pandora Papers and the Panama Papers refer to thousands of documents leaked to the International Consortium of Investigative Journalists (ICIJ) which revealed details of bank accounts and offshore assets of political figures and other notable personalities.

Last week, MACC quizzed former finance minister Daim Zainuddin’s wife, Naimah Khalid, and their two sons on assets belonging to the family as part of its probe.

MACC said its investigation into Daim began in February 2023 and was based on information from the Pandora Papers leak.

Daim and his family have filed an application in court for a judicial review to challenge the investigation, which they claim is unconstitutional.

Source : FMT

The Rakyat needs no reminder that Dr. Mahathir and his children, are all multi-millionaires and billionaires themselves. When asked on this matter, Dr. Mahathir had often hit back at critics by saying that his children’s success “is due to their own hard work and nothing to do with him helming the government for two decades”. The two-time Prime Minister had also explained that his children were not rich when he was in power.

If that’s the case, Dr. Mahathir’s family must have been “extra hardworking” as the net worth of Marina, Mirzan, Mukhriz and Mokhzani easily surpasses the GDP of at least 120 countries. By all means, it does seem like Mokhzani was referring to his own family as “champions”, by the virtue of their immense and unnatural wealth.

To be more specific:

1.     Mokhzani owns 255 companies, with estimated total assets worth USD21 billion;

2.     Mirzan owns 156 companies, with estimated total assets worth USD17 billion;

3.     Mukhriz owns 128 companies, with estimated total assets worth USD13 billion; and

4.     Marina owns 52 companies, with estimated total assets worth USD9 billion.

It is no wonder that Mahathir is always defensive about his children’s work ethics. After all, Mahathir’s children have not only “worked hard” to deserve their billions, but they have also cemented themselves as among the richest Malays on Earth. With Mahathir’s political influence on the side, it is not an exaggeration to say that Mahathir is building a dynasty that would cement their “untouchable” status for generations to come.

Source : The Real Tamring Ghaafar Baba

Politically spineless and shameless Gerakan, at least show some dignity and quit PN-PAS

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For image info, go to https://www.bharian.com.my/berita/nasional/2023/08/1134858/gerakan-tak-diundang-hadiri-program-pas-di-pulau-pinang#google_vignette 

Politically spineless and shameless Gerakan, at least show some dignity and quit PN-PAS

KUALA LUMPUR, July 30, 2024: Gerakan, stop kidding yourself and make yourself look more and more moronic by the day.

It is clear PAS is the big brother in Perikatan Nasional (PN) with its brute number of Members of Parliament (MPs) and that is the reality.

It is also clear that Gerakan is only in PN-PAS just to help shore up the Taliban-like PAS’ false political image of “inclusive governance”.

The racial and religious bigoted PAS can never change its Taliban-like ways and that has been a fact since Merdeka (Independence) 1957.

PAS has told Gerakan that if it wants to leave PN, so be it. And don't forget that PN is led by the racist and unpatriotic Muhyiddin "I Am Malay First" Yassin.

So, what are you waiting for you spineless and shameless Gerakan?

As usual, just talk big only, take the slap hands down, and wait for Malaysians to forget the shame?

No wonder Gerakan and MCA are in the political rot today, after decades of being lapdogs in the Barisan Nasional (BN)-led religious and racist Umno.

Switching to PN-PAS lapdogs can only be digging your “political grave” even deeper, and becoming politically irrelevant to multiracial Malaysians.

No News Is Bad News reproduces below two news reports on the politically shameless Gerakan:

If Gerakan wants to leave PN, so be it, says PAS veep

Anne Muhammad

-29 Jul 2024, 04:00 PM

Amar Abdullah responds to Gerakan deputy president Oh Tong Keong, who said his party might leave Perikatan Nasional over disagreements about Chinese school funding. 

Responding to Gerakan deputy president Oh Tong Keong, PAS vice-president Amar Abdullah said the party has the right to make its own decisions as it is a democratic country.

PETALING JAYA: PAS has no objections if Gerakan decides to leave Perikatan Nasional following differences of opinion over funding for Chinese schools, says its vice-president, Amar Abdullah.

Amar said every party has its rights and positions on issues, and it is up to Gerakan to make its decision.

If Gerakan feels uncomfortable with PN, it is free to leave (the coalition) because this is a democratic country, he told FMT.

His comments follow those of Gerakan deputy president Oh Tong Keong, who said the party will not hesitate to leave PN if its coalition allies continue to display religious extremism and infringe on the rights of non-Muslims.

Oh said this in the wake of a controversy over fundraising for Chinese-medium schools, sparked by criticism from PAS over a deputy minister accepting a RM3 million mock cheque bearing a Tiger Beer logo at a fundraising event.

PAS information chief Ahmad Fadhli Shaari said the Islamic party might not be able to work with Gerakan at the next general election if the latter maintains its position on alcohol companies and Chinese schools.

Amar also said schools should serve as places for nurturing students into valuable members of society, and PAS strongly opposes any negative contributions to educational institutions.

The government itself does not allow sponsorships from tobacco, alcohol, or gambling companies because they have adverse effects on society, he said.

He said if Gerakan chooses to maintain its position, PAS does not have the authority to force it into any decision.

If they leave, what can we do? We do not have the right to force them, and we can’t stop them either, he said.

Don’t forget that PN champions moderation, Gerakan tells PAS

Anne Muhammad

-29 Jul 2024, 10:15 PM

The party’s deputy president, Oh Tong Keong, says PAS must not neglect the rights of others in prioritising the Malays and Muslims.

Gerakan deputy president Oh Tong Keong said PAS should respect the party’s efforts to defend the Chinese and Indians, as well as their mother tongue.  (Facebook pic)

PETALING JAYA: A top Gerakan leader has reminded PAS about one of Perikatan Nasional’s main goals, as the two PN component parties continue their back-and-forth over funding for Chinese schools.

Gerakan deputy president Oh Tong Keong reminded PAS that among PN’s core agenda was to push for a moderate Malaysia while looking after the interests of all Malaysians.

“Therefore, PAS should respect Gerakan in our efforts to defend the Chinese and Indians, as well as their mother tongue.

I hope that PAS remembers the purpose and goal of PN’s establishment is to champion the interests of all Malaysians. Don’t neglect the rights of other races in prioritising the Malays and Muslims,he told FMT.

Oh declined to respond to PAS vice-president Amar Abdullah’s statement that Gerakan was free to leave PN if it felt uncomfortable being part of the coalition, with PAS and Bersatu.

Earlier this month, PAS criticised a deputy minister for accepting a mock cheque for RM3 million bearing a Tiger Beer logo at a fundraising event for a Chinese vernacular school in Sungai Pelek, Selangor.

Leaders of DAP, MCA and Gerakan have somewhat united to defend the fundraising event, saying the vernacular schools had no choice as they were only partly funded by Putrajaya.

The education ministry has since said it will maintain existing guidelines used by previous governments when it comes to funding for schools.

The tiff between the two PN components kicked off when Oh said Gerakan will not hesitate to leave the coalition if its allies continue to display religious extremism and infringe on the rights of non-Muslims.

Amar then said PAS had no objections if Gerakan were to quit PN.

PAS’s information chief, Ahmad Fadhli Shaari, said the Islamic party might not be able to work with Gerakan at the next general election if the latter maintains its position on alcohol companies and Chinese schools.

Where would Gerakan go if it quit PN, asks Umno man

FMT Reporters

-30 Jul 2024, 11:15 AM

Puad Zarkashi says Gerakan would not dare leave Perikatan Nasional as it would be unable to find allies anywhere else.

Umno Supreme Council member Puad Zarkashi claimed Gerakan and PAS are merely putting on a show in their back-and-forth over the issue of funding for Chinese schools.

PETALING JAYA: An Umno leader has laughed off a threat by a top Gerakan leader that the party could quit Perikatan Nasional (PN) if its coalition allies continue to display religious extremism following the controversy over the source of funds for Chinese schools.

Umno Supreme Council member Puad Zarkashi said Gerakan would not dare leave PN as the former Barisan Nasional (BN) party would not be able to find allies elsewhere.

Puad also claimed that Gerakan and PAS, which had expressed differing views over the issue of funding for Chinese schools, were merely putting on a show, and that the Islamic party would likely maintain the status quo if it was in power.

PAS knows that Gerakan is making threats. It’s just a mosquito party. Gerakan would not dare leave PN, it has nowhere else to go, the Rengit assemblyman said in a Facebook post.

Earlier this month, PAS criticised a deputy minister for accepting a mock cheque for RM3 million bearing the Tiger Beer logo at a fundraising event for a Chinese vernacular school in Sungai Pelek, Selangor.

However, leaders from DAP, MCA and Gerakan said that vernacular schools had no choice but to accept such contributions as they were only partly funded by Putrajaya.

Gerakan deputy president Oh Tong Keong also said that Gerakan would not hesitate to leave PN if its allies in the coalition continued to display religious extremism and infringe on the rights of non-Muslims.

PAS information chief Ahmad Fadhli Shaari meanwhile said the Islamic party might not be able to work with Gerakan at the next general election if the latter maintained its position on alcohol companies and Chinese schools.

Gerakan was a founding member of the Umno-led BN, but left the coalition shortly after the 14th general election in 2018 which saw Pakatan Harapan taking over Putrajaya.

It joined PN in 2021 and currently has one elected representative, Kulim assemblyman Wong Chia Zhen, while its president Dominic Lau is a senator.