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Thursday, April 28, 2016

IPIC, Aabar PJS and Aabar BVI

The CEO of 1MDB, Arul Kanda must explain what is Aabar BVI and RM4.24 billion paid to it as security deposits. Abu Dhabi-based IPIC and Aabar PJS say that they have nothing to do with Aabar BVI which was incorporated in a British Virgin Islands.

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Wednesday, April 27, 2016

New Bank Negara governor

The new Bank Negara governor will be Datuk Muhammad Ibrahim. He is deputy to Tan Sri Zeti until 1.5.2016. We hope that he is truely professional, helping to manage monetary policy, financial indudtry and economic growth of Malaysia.

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Saturday, April 23, 2016

175 countries endorse Paris Agreement

175 countries at the United Naions endorse the Paris agreement to cut carbon emission and limiting increase in earth temperature to 1.5°C. The evidence on earth warming is convincing.

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The prospective Bank Negara Governor

We need an expert who is not manipulated by party politic as the new Bank Negara Governor. The markets must have confidence in him or her. Tan Sri Zeti will retire.

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Pop star Prince passed away

The pop star Prince passed away. He was 57. Many in the world have paid tribute to the pop sensation.

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Friday, April 22, 2016

Haze darkens World Earth Day

The haze in some areas such as Petaling Jaya and Kuala Lumpur darkens World Earth Day in Malaysia.

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46th World Earth Day

For this 46th World Earth Day, please protect the environment such as recycling waste and buying local produce.

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MAS CEO

Malaysia Airline Berhad (MAS) and its parent company,Khazanah National Berhad, have to deal with the resignation of the German Chief Executive Officer (CEO), Christoph Mueller. We do not know the real reason for his departure. We would like a truly good CEO. Lets stop the MAS saga of failures.

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Thursday, April 21, 2016

19 Malaysians with IS died in Syria

President Obama visited Middle East two days to gather more support against IS or Daesh. 19 Malaysians with IS were reported killed in Syria.

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Wednesday, April 20, 2016

Malaysian Integrity Test on police

Deputy Prime Minister Datuk Seri Xahid and Inspector-General Police Tan Sri Khalid have launched Malaysian Integrity Test to addess values, attitude and behaviour of members of police. The people are concerned about the matter.

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Saturday, April 16, 2016

The calligraphy is a quotation from the History of Later Han Dynasty

The calligraphy is a quotation from The History of the Later Han Dynasty, over 2000 years ago. It means good seaman is seen in bad weather. Now, 1MDB has debts amounting to RM50 billion. This causes political turmoil in Malaysia. Eventually, we shall see the real character of people. Good seaman is known in bad weather.

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Long drought affects water supply

Long drought in Malaysia affects water supply such as to Johore, Kedah, Pahang, Perak and Selangor. All concerned for example Water Service Commission, Water Supply Companies and consumers must try their best to help.

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长期干旱破坏水供

大马的长期干旱破坏水供,诸如柔佛,吉打,彭亨,吡叻及雪兰莪。各方面,好像水务委员会,水供公司与消费者,得努力协助。

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Wednesday, April 13, 2016

Switzerland investigates 1MDB

As Switzerland investgates 1MDB, PAC has found that irregularities occur as the firm did not follow guidelines of Putrajaya Committee such as forbiddance to borrow excessively, running into  debts amounting to RM50 billion.

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Tuesday, April 12, 2016

The killing of Gaddafi

The Western powers behind the overthrow of Gaddafi in Libya have failed. President Obama says the worst mistake is lack of planning afterwards. IS has a foothold in Libya which is in chaos.

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Monday, April 11, 2016

PAC presented 1MDB report on 7.4.16

The Public Accounts Committee (PAC) presented 1MDB report in the Malaysian Parliament on 7 April  2016. PAC members must follow the quintessence of the report such as there were weaknesses and hindrances of the Board of Directors and the Management, incurring debts amiunting to RM50 blion.

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Sunday, April 10, 2016

In 2014, 1MDB faced cash flow problem.

In 2014, 1MDB faced cash flow problem. The Board of Directors and the management wanted to find cash by initial public offering of the shares of its company, Edra Energy Berhad. This did not succeed because of various factors. The company lost RM665 million. The total debts of 2 billion due to mature could not be settled.

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English Premier Football League, Arsenal 3:3 West Ham

Both teams are aiming for the position in the top four of the league. Today, the draw should make them work harder. Arsenal has been in that position for years.

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Public Accounts Committe Report and members from various parties

The PAC Report on 1MDB is agreed by  representatives of members from Barisan Nasional and Opposition. 1 MDB is inspired as a catalyst for development to encourage foreign direct investment in the country. It failed, accumulating the total debts of RM50 billion. We try to find evidence on those who were responsible.

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Saturday, April 09, 2016

Calligraphy, let the fox guard the hen-house.

The calligraphy is about letting the fox guard the hen-house. After over six years, the debts of1MDB amount to RM50 billion, assets RM53 billion and interests and others RM3.3 billion. We must investigate further to find evidence on the real culprits for the 1 MDB problem.

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Thursday, April 07, 2016

PAC Report on 1MDB

Today, we present the PAC report on 1MDB. The weakness of the Board of Directors was obvious and the Management did as it liked. Don't let the fox guard the hen-house.

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Monday, April 04, 2016

Malaysia has plenty of rain

Malaysia has dry and rainy seasons with occasional extremes like El Nino. The annual rainfall is compared to the volume of 390 million Olympic size pools. Have we been able to trap 10%? Do the states look after forest reserves and water catchment effectively? Consumers waste water.

The Natural Resources and Environment Minister Datuk Seri Wan Junaidi says he is looking into these things to enact a law to govern water resources. We keep an eye.

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Sunday, April 03, 2016

Calligraphy is a quotation from Yang Xiong, over 2000 years

The calligraphy is a quotation from Yang Xiong, Han Dynasty, over 2000 years. It means a more open politics with more freedom of speech. All are treated more equally.

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Saturday, April 02, 2016

Malaysian national car Proton

In 1983, we told the House that Proton would cause problems for Malaysia. Some say that the various financial aids to the national car amount to nearly RM40 billion. A quagmire.

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Manchester United football team in top 3 of the league

Manchester United manager van Gaal announces his intention to be in the top three of the English Premier League. The position of top four enables it to be in the European Champions League. This year, MU was eliminated early from the Champions League. The competition is fierce.

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The scurity in Sabah Waters

The Malaysian Government says that the security in Sabah Waters is under control. But, the shoreline is long. Four persons are abducted. We wait.

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Obesity

The British medical journal, Lancet, says that among the 641 million obese people in the world, 18% are men and 21% women. We eat less to reduce weight.

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Friday, April 01, 2016

Alex Ferguson

Manchester United is out of European Champions League and Europa League. It is trying to be one of the top four in the English Premier League. Ferguson, who won 49 big trophies, told Sky Sports that MU has a number of injuries such as Ashley Young, Antonio Valencia and Luke Shaw. There are five new players and two are young like Anthony Martial and Memphis Depay. Marcus Rashford (18) from its youth team is a sensation.

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