SCwatch


GE 13 : STOPPING COALITION OF CORRUPTS (READ: UMNO-LED BARISAN NASIONAL)

There is without a doubt that campaigning up to the very last day before voting will be crucial for both the UMNO-led Barisan Nasional with the People’s Alliance or Pakatan Rakyat.

Various accusation and counter accusations have been thrown at each other…..with signs of violence being reported here and there, but hopefully capped by the security apparatus!

It was so obvious that the campaign run by Barisan Nasional has centred around the ‘aura’ of ‘popularity’ of its Prime Minister, Najib Tun Abdul Razak.

Hardly has Barisan Nasional had any significant political rallies around the country……bar those attended by Najib.

More shocking has been its paid on-line advertisements – they are shown prior to the video clips of massive Pakatan Rakyat rallies loaded on YouTube!!

Such desperation…….and a clear sign of the irrelevance and waning influence of the UMNO-led government.

I am now convinced that if the elections was carried out without any mischief, Pakatan Rakyat would win hands-down.

But when desperados cling to power, then abuse will arise…….look no further than Mahathir’s comrade-in-arms, Robert Mugabe of Zimbabwe.

Like Mugabe, there is too much at stake for Mahathir (and the UMNO warlords) for Pakatan Rakyat (esp if the Prime Minister is Anwar Ibrahim) to take over the government at Putrajaya.

The latest serious allegations is the ferrying in by air, of foreigners into Kuala Lumpur and Selangor…..apparently to vote this Sunday.

It is therefore imperative that every voter should come out to vote……in order to prevent fraudsters from taking advantage of the low turnout to ‘parachute’ in the frauds to vote in place of the absent voters!!

Much has been said leading up to the elections this Sunday……… BUT the bottom line is that this UMNO-led government has perpetuated a corrupt administration that has gone from bad to worse.

Worse to the extent that the country will be on the brink of Bankruptcy if this is not checked.

It cannot be checked under a new UMNO-led government due to entrenched interests!

The only way is via CHANGE!

UBAH!

And this is the voice of the people of Malaysia – Malays, Chinese, Indians, Kadazans, Ibans etc etc.

Happy voting and if you’re still not convinced on who to vote, watch this video below:-

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THE STAR’S COCKEYED VIEW OF MALAYSIAN POLITICS
April 25, 2013, 11:36 am
Filed under: Malaysia politics, Racial Issues, Racial politics | Tags: , ,

It was with such horror that I saw those provocative adverts in The Star newspaper…….that only confirmed my fear that its owners (read: MCA) has brought the paper to the pantheons of irrelevance and ultimate obscurity.

Just like the UMNO owned New Straits Times.

Unable to rationally and logically present or argue its case to the electorate as to why MCA….and Barisan Nasional is still trustworthy and electable, it uses its media arm to indulge in cheap rhetoric and dangerous rumor and scare mongering!

Like UMNO, MCA has also attempted to introduce new faces to the seats they are contesting in……hoping that the electorate would give them a ‘second chance’.

But don’t they realize that the Chinese gave MCA their last chance in the 2004 General Elections…..when they supported Pak Lah with the expectation that MCA would see through the evolution of the UMNO led Government post-Mahathir?

And what exactly did MCA do?

Not only were they impotent in checking the excesses of the Pak Lah-led government (or was it Khairy-led?)……..it’s businessmen/tycoon members joined in with the alleged excesses!

Another chance for MCA?

Unlikely.

Is it no wonder that MCA owned newspapers like The Star now indulge in gutter media reporting?

Shame on you!



STUPEFYING CONTRADICTION : ALLOWING INDEPENDENT ADVISERS TO SAY THAT AN OFFER IS ‘UNFAIR BUT REASONABLE’
April 23, 2013, 9:17 pm
Filed under: Corporate Governance | Tags: , , ,

I’m generally not the sort to criticize institutions……as they already have a thankless task at hand, what with the constant ‘interference’ from the ‘hidden hand’.

But this is too much to keep silent on.

I am of course referring to the mocking that is being inflicted on the Securities Commission relating to its amended guidelines which effectively allow the ‘splitting’ of the term “fair and reasonable”.

This is because the term has been used to determine the ‘reasonableness’ of an offer/transaction as provided for in SC’s guidelines.

To cut a long story short……with the amended guidelines, an offer/transaction can now be deemed “Unfair but Reasonable”……and I suppose in the same token, “Fair but Unreasonable”??

Too much has been written on this matter that I wish not to regurgitate. You may click HERE and HERE on Errol Oh’s sarcastic shots at the SC in StarBiz.

On my part, I’d like to ask if the term “TRUE & FAIR” which auditors have to opine in PLCs’ financial statements……will also be ‘split’ by the SC.

This may result in auditors stating that the accounts are ‘True but not Fair’……OR ‘Untrue but Fair’.

How embarrassing!



WILLIAM YAU : THIS SENSELESS CHILD KILLING CASE MUST BE SOLVED
January 25, 2013, 10:02 pm
Filed under: Rakyat's concerns | Tags: ,

 

Why did it have to end this way?

Could the killers have panicked caused by the sudden nationwide search for the young child?

These will be a couple of the thoughts going through everyone’s mind especially parents with children of similar age.

The thought that our streets are not safe in Kuala Lumpur has been further ‘supported’ by this unfortunate incident.

Whatever the case may be…….the bottom line is that we have to, as far as possible, take care of ourselves where we can.

Our ‘regulatory’ authorities appear stretched (indifferent is too strong a word) and unable to keep pace with the evolution of our society……similar to societies around the globe.

We have to take the necessary precautions…..be it in pursuit of our children’s welfare, our house and job security and our overall well being.

Not taking things for granted is a good start.

A small mistake like what the father and mother did is irreversible. My heart bleeds for them.

I still recall the family along Jalan Ipoh that has a stall selling Bak Kut Teh. Their young daughter was found murdered not far away with a wooden stake pierced through her genitals!

The streets of Malaysia, especially Kuala Lumpur, are not safe anymore.

That is a fact!

Rein your kids in, parents. Keep a tight leash on them.

Reduce your risks of having to endure what the Yau family is enduring now and possibly for the rest of their lives.



BANDAR UTAMA’S LATEST LAUNCH, “THE EFFINGHAM” : SOUNDS CRUDE AT A COST OF AT LEAST RM4.5 MILLION?
January 21, 2013, 8:13 am
Filed under: Malaysia | Tags: , , ,

Bandar Utama is one of the successful housing/commercial developments in Kuala Lumpur.

This development, which is opposite the older Taman Tun Dr Ismail township has, been the place to live in for the middle and upper classes of society.

Developed by one of the Teo family of the famous See Hoy Chan Group, whose empire had since been broken up and taken over by the various family members, it was the pioneer of the ‘Build and Sell’ concept in Malaysia – whereby their sale of completed units to the public was the envy of their competitors – a reflection of the family’s ‘deep pockets’!

However, I have to question their wisdom in the naming of their latest launch, three storey bungalow units as “THE EFFINGHAM”.

I can understand how the Japanese named certain cars that later became the laughing stock in Malaysia.

And example was Nissan’s CEFIRO, which to the Cantonese means, ‘Blinkin’ Fat Fellah’.

Or Nissan’s BLUEBIRD, which to the Hokkiens means the crude version of ‘the male reproductive organ’!

The excuse is that the Japanese aren’t aware of Chinese dialects.

However in the case of the Teo family, they are proficient in English including the colloquials and jargons used in everyday life!

Imagine detractors having a field day with the term, EFFINGHAM.

Even prospective buyers may feel that they are being ‘laughed’ at (notwithstanding their equally deep pockets) for being ‘effed’ into buying such expensive units – which starts at RM4.5 million.

A review of the name of the development is in order?



ISSUANCE OF LEGAL PAPERS (i.e. IDENTITY CARDS) TO ILLEGAL IMMIGRANTS IN MALAYSIA THUS ENABLING THEM TO VOTE IN GENERAL ELECTIONS: SICKENING COLLUSION ARISING FROM ABUSE OF TRUST PLACED BY PEOPLE ON UMNO LED GOVT?
January 18, 2013, 11:20 pm
Filed under: Malaysia, Racial politics, Rakyat's concerns | Tags: , , , ,

There is this old saying that what we are today is a result of what we did yesterday, and what we will be tomorrow will be a result of what we do today.

This perfectly applies in the case of the people’s rant about the country’s burgeoning illegal immigrants and the ensuing social problems and state of flux.

It appears that much of Malaysia’s problems with illegal immigrants has been magnified by action taken by the UMO led Government for reasons of ‘Political Expediency’.

In the case of the state of Sabah in East Malaysia, a Royal Commission of Inquiry has revealed that Identity Cards had been issued to illegal immigrants on the instructions of Megat Junid and facilitated by individuals including Aziz Samsuddin (a.k.a. The Terminator). Click HERE

Both gentlemen were key loyalists in the Mahathir administration then serving as Deputy Home Minister and Political Secretary (to Mahathir). As Mahathir held the powerful Home Minister portfolio then, Megat Junid was the de-facto Home Minister doing Mahathir’s bidding!

Of course, Mahathir has replied that those legal papers were ‘issued properly’.

Of course you did……but for political expediency in order to neutralise the local opposition politicians in Sabah and Sarawak who were mainly Christians.

Many acknowledge that most of these illegal immigrants, were from Indonesia and southern Philippines who were predominantly Muslims.

Mahathir even had the arrogance of blaming the late first Prime Minister, Tunku Abdul Rahman for the ‘IC’ fiasco! Click HERE

 

This is indeed damaging to UMNO, which has exacerbated the conditions in East Malaysia since their political entry then and will only get worse if a fundamental change does not takes place.

We shall see after the forthcoming General Elections.



THE SILENT CONCERNED MAJORITY IN MALAYSIA : THEY ARE THE ONES SENDING THE SHIVERS DOWN UMNO’S SPINE

It’s the numbers……you keep hearing!

Even the police appear to be scrambling to revise their estimate as to the numbers present at the People’s Uprising Rally or Himpunan Kebangkitan Rakyat.

Why the numbers?

Well, essentially it will contradict the spin spun by UMNO bloggers that the people have spurned the politics of the People’s Alliance.

They had said, “Look at their rally at the KL Stadium not too long ago where they could not even fill up half of the 25,000 capacity stadium.”

That may be so because it was a political rally.

But look at the People’s Rally on 112 i.e. January 12 People’s Rally.

It was spine chilling……as far as the UMNO warlords were concerned!

Not only were the political party members present, there were also the NGOs, grandfathers, grandmothers, fathers, mothers and (some) children. There were the office workers, factory workers……you name them, they were there.

And in economic jargon, can you imagine the multiplier effect this rally has had on the nation?

Most Malaysians do not participate in this kind of rally BUT for such numbers to do so indicates the kind of concern Malaysians have on the way UMNO has run the country to date.

And what about those silent concerned majority who have not participated?

Their concern does not diminish with non-attendance.

In fact, their determination to ensure change and reforms do occur becomes more pressing.

This is because we are now seeing the UMNO led Barisan Nasional (BN) government is now trying to lure the votes of the people by using taxpayers’ money.

This indicates the unwillingness of the warlords to cede their positions and power.

Why do you think Najib is having such a tough time to finalise his candidates’ list for the coming General Elections?

You cannot blame the warlords’ resistance against him – because they consider Najib equally tainted – a case of ‘pot calling the kettle black’?

The taint applies to the UMNO led BN government.

Yet, it is not a foregone conclusion that Pakatan Rakyat will prevail this time round in taking over Putrajaya.

This is due to the profoundly skewed non-proportional representation found in the state and parliamentary states in the country….thanks to the Election Commission.

This is their last line of defence in ensuring UMNO’s survival as the political masters of Malaysia.

However, like they say, Rome was not built in a day.

The process to remove UMNO started in the 1999 General Elections, shortly after the crude sacking and physical abuse of Anwar Ibrahim. In that GE, BN lost the state of Terengganu besides failing to regain Kelantan.

The 2004 General Elections was a landslide for BN as the people were prepared to give UMNO one more chance with the retirement of Mahathir.

However, Pak Lah failed miserably and the 2008 General Elections reflected the people’s verdict of the UMNO led BN, which lost its two thirds majority in addition to the states of Penang, Selangor, Kedah and Perak (Kelantan was retained by PAS under Tok Guru Nik Aziz).

Pakatan Rakyat has now proven to the Rakyat that they can indeed run the country efficiently as evidenced in the abovementioned states under their administration consistent with each state’s culture and sentiments – with them garnering the largest percentage of investments including foreign direct investments.

The electoral structure is the next to be revamped fundamentally – that has resulted in the Bersih rallies that have been met with stinging resistance from the UMNO establishment.

But change is inevitable.

And a two party state will be the way to go moving forward – a check and balance system of democracy.