How should we judge a government?

In Malaysia, if you don't watch television or read newspapers, you are uninformed; but if you do, you are misinformed!

"If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing." - Malcolm X

Never argue with stupid people, they will drag you down to their level and then beat you with experience - Mark Twain
Never argue with an idiot, otherwise people won't know which one of you is the idiot.
Since light travels faster than sound, some people appears bright - until you hear them speak.

Why we should be against censorship in a court of law: Publicity is the very soul of justice … it keeps the judge himself, while trying, under trial. - Jeremy Bentham

"Our government is like a baby's alimentary canal, with a happy appetite at one end and no responsibility at the other. " - Ronald Reagan


Government fed by the people

Government fed by the people

Career options

Career options
I suggest government... because nobody has ever been caught.

Corruption so prevalent it affects English language?

Corruption so prevalent it affects English language?

When there's too much dirt...

When there's too much dirt...
We need better tools... to cover up mega corruptions.

Prevent bullying now!

Prevent bullying now!
If you're not going to speak up, how is the world supposed to know you exist? “Orang boleh pandai setinggi langit, tapi selama ia tidak menulis, ia akan hilang di dalam masyarakat dan dari sejarah.” - Ananta Prameodya Toer (Your intellect may soar to the sky but if you do not write, you will be lost from society and to history.)

Thursday, May 28, 2015

J. D. Lovrenciear laments, 'nothing is now making any sense anymore'

1MDB makes a fool of every citizen, institution including Parliament 

'The latest revelation by Bank Negara Governor is spine chilling. Hot on its heels we also learn that the two top guns of 1Malaysian Development Bhd (1MDB) snubbed the Public Accounts Committee (PAC) by asking for a 30-day grace period.

And if that is not enough the Prime Minister Datuk Seri Najib Razak hollers all the way from Japan that the duo will not run away and will keep their date with PAC.

Add to that the fact that the head of PAC actually granted the 30-day grace to the duo.'

- See more at: http://www.themalaysianinsider.com/sideviews/article/1mdb-makes-a-fool-of-every-citizen-institution-including-parliament-j.-d.-l#sthash.zktRJipt.dpuf

In my humble opinion 1MDB has all the ingredients of a con job, but just because it was initiated by none other than the PM cum Finance Minister, it could override any of the rules of our institutions which are meant to prevent such fraudulent activities.

PM is the highest authority in Malaysia, so who else can we turn to? Not even his former mentor, Tun Dr Mahathir could control him now. Being forced into a corner, Najib has broken his long elegant silence by openly attacking Dr M's past mistakes and need for his support when challenged by Tengku Razaleigh. With Anwar Ibrahim safely behind bars in Sg. Buloh, and with the help of Home Minister and IGP in enforcing the law under Sedition Act and OSA, any potent protest could be nipped in the bud. Even if the judiciary appeared to be partial in their judgments, any criticism could be considered seditious.

1MDB started with only Rm1 million capital, yet it could borrow billions because of guarantees provided by government. It was given choice lands at very low prices which could then be revalued to cover shortfall in earnings, as well as sold at market price, at short notice, to a trust fund so that it could meet an imminent payment on a loan. That 100% of selling price was paid upon signing S&P Agreement was unusual. Other dubious deals include equity converted into loan to avoid external auditors' queries, and cash transferred to a bank in Singapore was transformed into 'assets' and then 'units'. Auditors were changed twice within 5 years. The silence from the relevant authorities was deafening.

Yet, the former and present CEO of 1MDB could avoid being present at a PAC meeting, and allowed a delay of 30 days! If everything had been above board, why the necessity to need so much time to answer to PAC?

To everyone else, 1MDB was a big mistake, but to Najib, he has to salvage his pride by using all his powers to save the company from bankruptcy. It is going to be use of good money after bad, and the 11th Malaysia Plan is just the means for him to do so.
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