Tuesday, 11 August 2026

BN-Umno allowed TH’s approval to buy stake in Jho Low’s firm

Share to help stimulate good governance, ensure future of people & M’sia

No News Is Bad News

This is what Perikatan Nasional (PN)’ and Umno’s politics are all about … they and their supporters seriously need a “medical prescription”

BN-Umno allowed TH’s approval to buy stake in Jho Low’s firm

KUALA LUMPUR, Aug 12, 2026: No wonder the racial and religious bigoted MPs from the Taliban-like Perikatan Nasional (PN) walked out of Parliament to avoid the special sitting to debate the Tabung Haji (TH) Royal Commission of Inquiry (RCI).

The shit has started hitting the ceiling fan and PN is unable to defend their new “political lover” - Umno.

PAS is not interest to find out the truth and why Muslim pilgrims savings were lost by billions of Ringgit.

They only want political power to pursue their selfish political agenda, and Umno is its new “tool” for political chaos.

To defend Umno is to defend incompetents and financial mismanagement decisions.

Finance Minister II Amir Hamzah Azizan told Parliament yesterday that the entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30% stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).

Can you imagine Umno allowing Muslim pilgrims’ savings to be plundered into a firm belonging to a non-Muslim? Very halal indeed!

So, PN walks away from its responsibility and accountability  demi rakyat dan negara (for people and country), in this case specifically the welfare and interests of Muslim pilgrims.

Gara2 ada Melayu Cibai dari BN menyakau duit TH sebanyak 10 Billion, duit cukai hasil titik peluh org kafir la yg digunakan utk bail out TH. Ingat kenyataan ini sampai mati org melayu!! -Facebook image

Jho Low menerima RM193.5juta duit dari Tabung Haji pada 2018. Untung le. Dan si Taki anak sundal ni pernah backup si Najis dan Jo Lo. Kepada penyokong2 Pas dan Umbo sial, korang tengok dengan mata sendiri kalau tak caye cakap aku.
Puak barua kepanasan lari dari dewan, keluar ramai² bilamana fakta dibarai satu persatu.
Mereka tuduh PH jual aset ke cina. Rupanya terbukti Jho Low owner kompeni Putra tah apa yang Syed Sadiq dedah tu.
Ohhh.. sedap mengata kat PH ya.. kenapa lari? Lawan bantah lah dalam parliman barua!

To PN supporters, ada otak tak (got brains or not)?

No News Is Bad News reproduce below a news report on what the minister said in Parliament:

Firm under Jho Low’s control when acquisition approval given to TH

Bernama

Finance minister II Amir Hamzah Azizan says this was based on sworn testimony in the SRC International case.

 Low Taek Jho, or Jho Low, was said to have been in control of Putrajaya Perdana Bhd through Utama Banking Group Bhd. (File pic)

KUALA LUMPUR: The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30% stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).

This was based on sworn testimony recorded in the SRC International case, said finance minister II Amir Hamzah Azizan in the Dewan Rakyat during the winding-up session of the special sitting to deliberate on the royal commission of inquiry (RCI) report on Lembaga Tabung Haji’s management and operations today.

“According to sworn testimony by Putrajaya Perdana director Datuk Rosman Abdullah, SRC International channelled RM170 million to Putrajaya Perdana’s subsidiary (Putra Perdana Construction) in three tranches between July and August 2014,” he said.

Amir said the testimony stated that as long as the sale of the company by UBG had not been completed, which only occurred on April 13, 2015, Putrajaya Perdana remained under Jho Low’s control through UBG.

“If we look closely at the chronology of the dates, the investment panel approved it on July 24, 2014; the board on Aug 25; the minister’s approval on Aug 27; and the sale and purchase agreement was signed on Dec 3, 2014.

“Every approval process and the agreement fell within the period stated in the testimony,” he said in response to issues raised by several MPs, including those from Muar, Putrajaya and Port Dickson, regarding Putrajaya Perdana’s links to Jho Low.

However, Amir stressed that the court had made no findings that Jho Low was the beneficial owner of Putrajaya Perdana at the time, and that the matter remained as sworn testimony on record.

He said that according to the fact-finding report from 2023, the TH investment panel requested on July 24, 2014, that the management identify the ultimate shareholder of the seller. However, the assessment did not include any record of a response from the management, and the transaction proceeded despite this lack of information.

No comments:

Post a Comment