`



Friday, May 22, 2015

[VIDEO PANAS] TPM: Tiada Syarikat Di Dunia Tanggung Beban Seperti 1MDB


Timbalan Perdana Menteri, Tan Sri Muhyiddin Yassin ternyata tidak berpuashati dengan cara Datuk Seri Najib Razak menangani isu membabitkan 1Malaysia Development Berhad (1MDB).

Berucap di hadapan pimpinan tertinggi Umno, Muhyiddin bukan sahaja mahukan ahli Lembaga Pengarah syarikat itu dipecat, bahkan menggesa mereka disiasat polis.

“Saya bukan nak menunjukkan kehebatan saya atau nak menunjukan saya benci kepada pimpinan atau tak sebulu dengan presiden saya… tidak. Saya hormat. Sebagai manusia saya kena hormat.

“But this a real problem..bagaimana dalam tempoh yang begitu singkat sebuah syarikat yang ditaja menanggung beban sampai RM42 bilion.

“Saya beritahu perdana menteri..Sack all those guy Board of 1MDB..buang mereka.

“Saya nak sebut di sini supaya ahli parti faham..Pasal mereka yang menyebabkan perdana menteri terpaksa menanggung (beban),…tapi ( masih) tak buang lagi…,” ujarnya dalam nada kesal.

Ucapan itu dirakam dalam satu video yang dimuatnaik di Youtube oleh penulis blog yang juga bekas wartawan, Firdaus Abdullah.

Dalam video bertajuk ‘Luahan Hati Timbalan Presiden Umno-1MDB’ itu, Muhyiddin ditunjukkan berucap kepada pemimpin tertinggi Umno, termasuk naib presiden.

Antaranya Menteri Dalam Negeri, Datuk Seri Ahmad Zahid Hamidi, Timbalan Menteri Kewangan, Datuk Ahmad Maslan dan Menteri Besar Pahang, Datuk Seri Adnan Yaakob.

Pertemuan itu dipercayai berlangsung semasa sambutan ulangtahun Umno ke-68.

Dalam rakaman itu, Muhyiddin turut mengakui bahawa 1MDB membayar kadar faedah sehingga RM200 juta setiap bulan.

“Tak pernah saya terfikir mana-mana syarikat dalam dunia tanggung beban seperti berlaku di Malaysia. Buang lah CEO ini.. buang..

Dan bukan buang, panggil polis siasat. Ambil tindakan. Jadi rakyat tengok..Baru lah pimpinan kerajaan rasa bertanggungjawab.

“Ambil tindakan serius. Kalau tak buat begitu ini akan membebankan bawa kita jatuh ke bawah..,” ujarnya disambut sorakan pimpinan Umno yang hadir.

Muhyiddin dalam rakaman itu bagaimanapun menafikan plot untuk menjatuhkan Datuk Seri Najib Razak dengan merujuk dakwaan pertemuan antara beliau dengan beberapa pimpinan Umno di Milan, Italy. -KD


Umno buru dalang dedah video Muhyiddin

Umno sedang menyiasat dalang di sebalik penyebaran rakaman ucapan timbalan presidennya Tan Sri Muhyiddin Yassin yang mahukan semua anggota lembaga pengarah 1MDB dipecat.

Setiausaha kerja parti itu Datuk Ab Rauf Yusoh memberitahu SuaraTV bahawa siasatan itu dikendalikan oleh Naib Presiden Umno Datuk Zahid Hamidi kerana penyebaran itu tidak harus berlaku.

“Saya difahamkan Datuk Zahid sedang menjalankan siasatan berhubung penyebaran rakaman tersebut bagi mencari dalang yang merakam dan menyebarkan ucapan tersebut.

“Menurut garis panduan yang ditetapkan program latihan seperti itu tidak boleh dibuat sebarang rakaman apatah lagi untuk menyebarkannya kepada umum,” beliau dilapor sebagai berkata.

Laman itu juga melaporkan bahawa ucapan itu tidak harus diraikan kerana program itu – dikenali sebagai KERIS 2314 – sepatutnya menjadi senjata BN untuk mendapatkan kembali majoriti dua pertiga dalam pilihan raya umum.

Semalam, ketika Datuk Seri Najib Razak membentangkan Rancangan Malaysia ke-11 di Parlimen, sebuah video dimuat naik di Internet.

Ia memaparkan ucapan Muhyiddin yang mahu semua lembaga pengarah 1MDB dipecat.

Beliau kemudian menjelaskan perkara itu cuma pandangannya dan bukan perkara baru.

Kenyataan itu dilihat memberi tamparan kepada Najib memandang 1MDB lahir hasil cetusan ilhamnya.

Program Umno diperketat

Sementara itu, portal pro-BN MyKMU melaporkan Zahid sebagai menjelaskan berkaitan rakaman yang dikatakan dibuat di Janda Baik, Pahang, itu.

“Sebagai pengerusi Biro Latihan Umno Malaysia saya telah mengarahkan siasatan dilakukan terhadap punca rakaman dan penyebaran,” katanya yang juga menteri dalam negeri.

Zahid juga dilapor menjelaskan bahawa beliau meminta tindakan segera diambil kerana merosakkan imej program dirangka mereka.

Perkara lain turut dijelaskan, termasuk:

(1) Ia dilakukan oleh seorang timbalan ketua bahagian yang tidak sepatutnya hadir. Rakaman disebarkan di kalangan rakan-raknnya di bahagian dan dalam aplikasi mesej Telegram timbalan ketua Umno bahagian.

(2) Ucapan Muhyiddin di luar rangka kursus hadir atas kapasiti sebagai ketua Umno bahagian Pagoh.

(3) Mulai siri ke-12 program KERIS 2314, sekretariat tidak akan membenarkan telefon bimbit dan sebarang alat rakaman dibawa masuk ke dewan kursus.

(4) Sebelum ini dan selepas ini tidak akan ada ucapan perasmian atau penutupan selain daripada pihak sekretariat. 
-mk


INI VIDEONYA


Inflasi NAIK 1.8 Peratus Selepas Pelaksanaan GST


Kadar inflasi negara naik 1.8 peratus pada April susulan pelaksanaan cukai barangan dan perkhidmatan (GST).

Statistik Indeks Harga Pengguna (CPI), Jabatan Perangkaan, menunjukkan peningkatan daripada 109.9 kepada 111.9, berbanding bulan sama tahun lalu.

Pada Mac kadar inflasi hanya 0.9 peratus.

Menurut statistik itu, pada April berlaku peningkatan harga arak dan hasil tembakau sebanyak 13 peratus diikuti penjagaan kesihatan (5 peratus), hotel dan restoran (4.3 peratus) serta makanan dan minuman ringan (3.1 peratus).

Keempat-empat barangan dan perkhidmatan itu menyumbangkan 79.3 peratus kepada peningkatan CPI, kata jabatan itu. -Malaysia Kini/22/5/15

Tipu NFC: Shamsubahrin dakwa dipenjara kerana konspirasi untuk selamatkan Sharizat?


Isnin lalu Astro Awani melaporkan seorang ahli perniagaan dijatuhi hukuman penjara lapan tahun dan empat sebatan oleh Mahkamah Sesyen selepas didapati bersalah terhadap lima pertuduhan menipu Pengerusi Eksekutif National Feedlot Corporation Sdn Bhd (NFCorp) Datuk Seri Dr Mohamad Salleh Ismail melibatkan RM1.75 juta dan 17 pertuduhan pengubahan wang haram.

Hakim Rozilah Salleh menjatuhkan hukuman penjara antara lima dan lapan tahun serta empat sebatan terhadap Shamsubahrin Ismail, 49, bagi lima pertuduhan menipu manakala penjara antara enam bulan dan lima tahun bagi 17 pertuduhan pengubahan wang haram mengikut Akta Pengubahan Wang Haram dan Pembiayaan Keganasan (AMLATFA).

Dengan itu, Shamsubahrin hanya perlu menjalani hukuman penjara lapan tahun selepas mahkamah memerintahkan dia menjalani hukuman penjara itu secara serentak bermula hari ini.

Rozilah juga memerintahkan tertuduh membayar penalti RM611,895.94 bagi kesalahan di bawah AMLATFA iaitu sejumlah harta yang dilesapkannya.

Katanya, penalti itu yang berkuat kuasa hari ini perlu dijelaskan dalam tempoh tiga bulan dan jika gagal bayar tertuduh perlu menjalani hukuman penjara empat tahun.

Bagaimanapun Rozilah membenarkan permohonan peguam Hasnal Rezua Merican untuk penangguhan pelaksanaan hukuman penjara sementara menunggu rayuan di Mahkamah Tinggi dan menaikkan wang jaminan daripada RM300,000 kepada RM350,000 dengan seorang penjamin... laporan penuh sila baca di SINI

Hari ini dalam satu sidang media yang diadakan di pejabatnya Ahli perniagaan tersebut, Datuk Shamsubahrin Ismail menyifatkannya menjadi mangsa konspirasi untuk menyelamatkan Datuk Seri Shahrizat Abdul Jalil dan keluarganya.

"Saya tidak boleh terima keputusan mahkamah berkenaan kerana beberapa sebab yang tidak diambil kira semasa perbicaraan dijalankan.  
"Saya ada bukti lengkap dan surat-surat terdahulu yang mengatakan ini konspirasi untuk menyelamatkan keluarga Ketua Wanita UMNO itu serta keluarganya," 

Berikut adalah laporan dari Free Malaysia Today

KUALA LUMPUR – Former National Feedlot Corporation (NFC) consultant Shamsubahrin Ismail today questioned the Ministry of Finance’s (MOF) motives in requiring him to secure NFC’s approval for his proposed takeover of NFC’s cattle farming project. 
MOF is asking me to talk to former NFC chairman Mohamed Salleh Ismail first before going to the Ministry, he complained. 
“I do not understand why,” he said. 
“I had expressed my clear intention to take over the project as well as absorb all the liabilities there.” 
Pointing out that MOF had a golden share in NFC he asked why the Ministry could not decide on the matter itself. 
“Is there a conspiracy to protect Sharizat Jalil’s family who are involved in NFC,” the businessman questioned. 
He said that he had sent letters to the Deputy Prime Minister’s office, the Agriculture Ministry, MOF and Negeri Sembilan’s Menteri Besar office on Feb 26, expressing his intention to take over the project. 
“The DPM’s office received the letter well. The office had stated in their written reply on March 13 that they had extended the suggestion to the Menteri Besar’s office for further talks,” he said. 
However, he said that he was baffled as to why MOF would refer him to Salleh. 
“This is a project with high potential, he said when asked why he was eager on taking over the debt ridden project, adding that Malaysians consume an estimated 20,000 head of cattle a month. 
“The numbers may rise in the month of Hari Raya Korban,” he said. 
He said that he has a 300-acre piece of land in Pahang to carry out the project. 
For the first eight to ten years we will import cattle from abroad, he added, saying further that imports will stop after the tenth year as the cattle will be able breed on their own by then. 
Shamsubahrin, who was sentenced by the Kuala Lumpur Sessions Court on Monday on five counts of cheating Salleh, faces a five-year jail term and four strokes of rotan. 
He said he had appealed against the decision. 
“Even if the High Court upholds the verdict against me, I will still be able to run the project” he said, claiming that he has a team in place to implement the project. 

Dalam masa yang sama Astro Awani juga menyiarkan laporan yang sama.. tapi hanya seketika, laporan tersebut telah dipadamkan..


Kalau dicari laporan itu.. ini yang akan muncul di screen computer


Tapi masih boleh dibaca dibawah:

Tipu NFCorp: 'Saya jadi 'kambing hitam', mangsa konspirasi Najib' - Shamsubahrin

email
comments
Tipu NFCorp: 'Saya jadi 'kambing hitam', mangsa konspirasi Najib' - Shamsubahrin
SHAMSUBAHRIN: 'Ini konspirasi Perdana Menteri, Datuk Seri Najib Tun Razak dan Kementerian Kewangan untuk menjatuhkan saya. - Foto Astro AWANI/Shahir Omar
KUALA LUMPUR: Ahli perniagaan, Datuk Shamsubahrin Ismail yang dijatuhi hukuman ‎penjara dan sebatan kerana‎ lima pertuduhan menipu Pengerusi Eksekutif National Feedlot Corporation Sdn Bhd (NFCorp), Datuk Seri Dr Mohamad Salleh Ismail - melibatkan RM1.75 juta dan 17 pertuduhan pengubahan wang haram - menyifatkannya menjadi mangsa konspirasi untuk menyelamatkan Datuk Seri Shahrizat Abdul Jalil dan keluarganya.

Tegasnya, langkah seterusnya adalah perbincangan dengan peguam untuk memastikan perincian kes yang akan dibawa ke Mahkamah Tinggi kelak diteliti untuk siasatan.

"Saya tidak boleh terima keputusan mahkamah berkenaan kerana beberapa sebab yang tidak diambil kira semasa perbicaraan dijalankan.

Ini konspirasi Perdana Menteri, Datuk Seri Najib Tun Razak dan Kementerian Kewangan untuk menjatuhkan saya
TwitterFacebookGoogleShare
TwitterFacebookGoogleShare
"Saya ada bukti lengkap dan surat-surat terdahulu yang mengatakan ini konspirasi untuk menyelamatkan keluarga Ketua Wanita UMNO itu serta keluarganya," katanya pada sidang media di pejabatnya di sini hari ini.

Pada 18 Mei lepas, Hakim Rozilah Salleh menjatuhkan hukuman penjara antara lima dan lapan tahun serta empat sebatan terhadap Shamsubahrin, bagi lima pertuduhan menipu manakala penjara antara enam bulan dan lima tahun bagi 17 pertuduhan pengubahan wang haram mengikut Akta Pengubahan Wang Haram dan Pembiayaan Keganasan (AMLATFA).

Bagaimanapun, Shamsubahrin hanya perlu menjalani hukuman penjara lapan tahun selepas mahkamah memerintahkan dia menjalani hukuman penjara itu secara serentak bermula hari ini.

(BERITA LANJUT MENYUSUL)

Enam Tentera Cedera Peluru Meriam Meletup Tiba-Tiba

ANGGOTA tentera cedera terkena peluru meriam di Lapang Sasar Asahan, Melaka pada Rabu lalu. FOTO Wan Amirah Mohd Redza 


Tampin: Enam anggota tentera cedera di mata, tangan, telinga dan muka selepas peluru dari sebuah kelongsong meriam meletup di Lapang Sasar Asahan, Melaka pada Rabu lalu kini dalam keadaan stabil.

Sumber berkata, semua anggota berkenaan kini dirawat di Hospital Tentera Darat (HTD), Kem Tentera Syed Sirajuddin, Gemas, di sini dengan menerima pemantauan rapi.

Katanya, dalam kejadian 5.30 petang pada Rabu lalu, keenam-enam mangsa terbabit dalam latihan menembak dan menggunakan meriam jenis Oerlion berukuran 35 milimeter (mm).

Menurutnya, sebelum kejadian, latihan menembak berjalan lancar sehinggalah ketika seorang anggota mahu mengeluarkan peluru daripada meriam dan secara tiba-tiba meletup.

"Disebabkan itu anggota terbabit melecur di tangan dan mata kabur. Lima lagi mangsa terkena serpihan cedera di mata, muka, gendang telinga.

"Ada antara mangsa cedera dengan gendang telinga berdarah serta berdesing," katanya.

Menurut sumber itu, kes berkenaan kemudian dirujuk kepada Kementerian Pertahanan untuk perkembangan lanjut.

Sementara itu Ketua Polis Daerah Tampin Superintendan Wooi Kooi Cheang ketika dihubungi memaklumkan tidak menerima sebarang laporan mengenai kejadian itu.

Menurutnya, kes itu diserahkan kepada tentera sepenuhnya dan juga Kementerian Pertahanan.

- hmetro

1MDB : Khazanah & TNB Boards - Do Not Commit Treason, Do Not Forget Your Fiduciary Responsibilities

Image result for 1MDB - RM42 Million

Just about two weeks ago I received some information that Najib's team had come up with another hare brained idea to recoup the RM42 billion that has been lost by 1MDB. 

Yes folks, the whole RM42 billion is gone and I doubt we can get any of it back. Even those power stations are over valued and over priced.

And may I make a suggestion to the Members of Parliament who are interested in this 1MDB - please ask some questions about those desalination plants which 1MDB has bought. 
  • Where are they located?
  • How many of them?
  • What is the name of those desalination plants?
  • How much money was paid for them?
  • Are they functioning?
  • Do they really exist?
I think they are fake. I dont think those desalination plants exist.  Please raise this issue in Parliament.

Back to the sms, the sender said that the gomen will be asking the GLCs to fork out cash to save 1MDB. This was just before that Tabung Haji fiasco was exposed.

Now the news is goin around that TNB will be forced to bailout 1MDB to the tune of RM16 Billion - to buy out those power plants. It has been reported on Online media that the Management of TNB is NOT agreeable to this suggestion. 

However  the Board of Directors of TNB sudah kena kau thim. And so has the BOD of Khazanah Nasional - the major shareholder of TNB.

(One long time skunk in this band of thieves has met Najib and offered to solve 1MDB's problems. I think this idea of TNB buying out the power plants is part of this idea.)  But the scary part is that they want to take TNB private first - delist the company - before doing this asset shuffling.

I am sure the skunk and insiders would have taken positions in TNB shares to make a killing. It costs money to 'go private' - Khazanah or TNB must buy up all the TNB shares from the market.

They want to take it private so that they do not have to justify or show any valuations to the SC how much they are paying for the power stations.

Why should TNB buy out 1MDB's power plants? They are old and outdated anyway. TNB can build their own brand new power plants. 

If TNB is planning to buy out 1MDB's power plants at above market prices, well the whole world knows that 1MDB is in deep shit. So TNB should offer a 'fire sale' price for 1MDB's power plants.  There is no need to even offer market price.

TNB has much experience in squeezing people. An IPP (Northern Utility Resources Sdn Bd)  where I was a Director  had built a 225 MW gas fired power plant in Kedah. That was Phase 1. The plan was to build another 225MW and the design allowed up to 1200MW.  

It cost us a billion Ringgit to build a super brand new 225MW power plant. I was closely involved in raising the money. In 2001 we were hit by the Asian Financial Crisis and the factories in Kulim closed down - greatly reducing the uptake of our power. 

We approached TNB to buy our surplus power - a very small amount of just over 100 MW. TNB offered us 5 sen per kw !! At a time when the market rates were in excess of 13 sen per kw. They were purposely squeezing us.

Then they changed their mind and offered to buy us out. They offered us RM25 Million for a plant that cost RM1.0 billion to build. Their offer was 40 times below our cost.  They could bully us because you cannot sell a power plant to anyone else (except maybe to 1MDB).

So here is my suggestion to TNB. If they are planning to buy 1MDB's power plants, then please make an offer that is 40 times below market price. 

So if 1MDB says the price is RM16 billion, do not offer them anything more than RM400 million.   (If TNB or Khazanah need some referencing look up your old files on Northern Utility Resources Sdn Bhd or NUR). 

It will be an act of fiduciary irresponsibility if TNB makes an offer that is higher than market price or even  higher than break up value (because 1MDB's plants are old plants, sudah habis shelf life).  You are NOT buying a brand new power plant.

Unfortunately the same crooks inhabit the system. 1MDB, Khazanah, gomen etc. Its all about I scratch your back, you scratch mine. 

There is plenty opportunity for insider trading as well. Maybe too late.  

The Malaysian public has already been robbed of RM42 Billion. That money is gone. I doubt there are any real desalination plants. Silap-silap water purifier saja kut. 

TNB is still majority owned by the Malaysian taxpayer through Khazanah. If they take it private, then TNB will be 100% owned by the taxpayer. If TNB pays 1MDB RM16 billion, RM15 Billion or even RM10 Billion for the power plants, then the Malayian taxpayer is being suckered TWICE.

Our money will be stolen TWICE.  The Malaysian public must understand this and do not allow this to happen.

Folks, here is the equation. 

Pinjam RM42 Billion. 
Shopping RM15 Billion. 
Habis mana pergi baki RM27 Billion?

And do the desalination plants really exist? Where are they? In which country are they located? Are they functioning? 

Someone please do something.

Good governance is key to achieving 11th Malaysia Plan goals

Some concerns need to be addressed in implementing the six thrusts of the plan.
COMMENT
11th-malaysia-plan, ramon navaratnam
By Ramon Navaratnam
The government must be given credit for an impressive 11th Malaysia Plan, the final lap in our pursuit of the Vision 2020 goal of becoming a developed nation.
Given the recent uncertainties on the economic and political fronts, the 11th Plan boosts our spirits as we look forward to holding our heads high as citizens of a developed nation.
But we cannot take for granted that we will realise the vision in five years’ time. The government and the opposition, civil society and individuals should altogether put their shoulders to the Malaysian wheel and heave the nation up to its new status. For this, there should be greater national unity and unity of purpose , regardless of race , religion and regional parochialism. We must support good leaders and good governance and we must must undertake to raise our commitment to do our best, each in his own area of work, to move the economy forward.
The six thrusts of the plan are significant. However, they will enhance delivery to the rakyat only if implemented effectively. Below are some concerns that need to be addressed in implementing the six thrusts.
Enhancing Inclusiveness: We have to ensure that there are mechanisms to treat all underprivileged groups equally. For too long the original aspirations of the NEP have been ignored. Poverty was to have been eradicated regardless of race, religion and economic and geographical status. However, there have been strong public perceptions that some groups have received a higher preference than other marginalised Malaysians.
The plan’s emphasis on the bottom 40% income groups is therefore most welcome. This should cover all races so that the dichotomy between Bumiputeras and others can be gradually healed. Otherwise, come 2020, we will still be a disunited nation, and Vision 2020 would turn out to be an dream for most Malaysians.
Pursuing a Green Agenda: This laudable goal cannot be achieved if we do not severely penalise all those who destroy our environment. The Cameron Highlands fiasco, the raping of our forests and the pollution of our life giving rivers cannot be allowed to carry on any longer. The public expects new laws and enforcement measures that are really punitive.
Improving Wellbeing: This is another commendable thrust. But all our public services have to be improved considerably in the short time we have before 2020 rolls in. Most Malaysians would feel a sense of distress, with rising prices, poor-quality education, declining safety and security and poor local government services. So why did the plan not provide for local government elections once again so that the people can participate in development?
Strengthening Infrastructure: Our infrastructure network is impressive even for an advanced developing country. But in five years’ time, we must be able to compare our facilities to at least the minimum First World standards. We have obviously been paying too much for using our highways and other facilities and not getting our money’s worth. In the case of highways, for instance, concessionaires have apparently been making more than their fair share of money.
When there is intolerable corruption and wastage of public funds, the quality and quantum of our infrastructure deteriorate at the taxpayers’ expense. It is not wise to let this go on because the people will react at the polls.
Speeding up Human Capital Development: It is good to know that the government is now giving much more priority to vocational and technical education. Not all students enjoy academic studies, especially when they are compelled to learn from uncommitted and poor-quality teachers. Hence, the focus on producing a skilled workforce will help greatly to raise employment opportunities as well as salaries and thereby reduce income disparities that can cause social dissatisfaction and even unrest.
Re-engineering Economic Growth: The 11th Plan aims to boost the manufacturing, agricultural and service sectors. This is necessary, but what is so new? I can recall that as far back as the 1960s, when I was involved directly in plotting the government’s five-year plans, we were always keen on developing these areas.
But I can understand the government’s reluctance to outline specific fields of innovation that may be impractical to follow through, given the poor international ranking of our universities. In order to move more aggressively in competition in a globalised world, we have to be much more competitive and meritocratic at home. Can we achieve this mindset by 2020?
Nevertheless, it is vital that these six thrusts are implemented in the right macro environment and management.
Macro Management
The 11th Plan’s macro framework has been well constructed. But we have to remember that a plan remains a plan until it is acted upon, and success depends on many factors. The 11th Plan has to be based on economic assumptions such as the world economic outlook, oil prices and the international and domestic confidence in the government`s ability to rule with good governance and fairness, and not with state capture in mind.
The projected economic growth rate of 5-6% per annum, under the present circumstances and prospects, appear reasonable. Of course this assumes continuing political and social stability and rising rather than declining investor confidence.
But holding the inflation down to 2.5-3.0 % per annum may be a greater challenge than achieving 6% growth. The inflationary psychology and the GST has placed undue pressure on prices and this may be difficult to shake off unless productivity rises substantially.
But raising labour productivity from RM77.1 per worker to RM92.3 may be over ambitious, considering that we will have basically the same labour force in the short term and that education reforms, if any, would not have taken root by 2020. Hence increasing household incomes from RM 6,141 to RM 10,540 by 2020 could also be a hard target to attain. But if we raise our minimum wage further, this could be possible, but then what about the impact on inflation if productivity does not rise at least in tandem with wage increases?
The 6% growth is premised upon the assumption that private consumption and investment will grow by 7.9 % per year.
Is it healthy for consumption to expand so fast? And will private investment increase fast enough when government investments slow down? These are difficult assumptions to deal with. Hopefully, investments will rise as planned. But we must ensure we have the right climate. Investors cherish stability and moderation. Hudud laws will not help.
Macro planning and effective implementation are not easy, especially for a relatively small and very open and complex multicultural economy.
Hence an economic plan will remain just a plan if we do not have a more accommodative and business friendly environment
What we can all do to realise the plan’s objectives is to go all out to ensure good governance. This is well within our national capacity and competence if we have the political will.
But if we get too preoccupied with unnecessary and wasteful politicking and race and religious squabbles, then the impressive 11th Malaysia Plan will remain just a plan.
Tan Sri Ramon Navaratnam is Chairman of the ASLI Centre of Public Policy Studies

Liow presses MAHB to reveal PAC findings on klia2 overruns

Malaysia Airports Holding Bhd has been urged to disclose the Public Accounts Committee's findings on  low-cost carrier terminal klia2's RM2.3 billion cost overruns. – The Malaysian Insider pic, May 22, 2015.Malaysia Airports Holding Bhd has been urged to disclose the Public Accounts Committee's findings on low-cost carrier terminal klia2's RM2.3 billion cost overruns. – The Malaysian Insider pic, May 22, 2015.
The Transport Ministry today urged Malaysia Airports Holding Bhd (MAHB) to shed light on the Public Accounts Committee's (PAC) findings on low-cost terminal klia2's RM2.3 billion cost overruns.
"It is and has always been the responsibility of MAHB as owner and manager of klia2 to engage with the PAC and respond in a transparent manner.
"MAHB must take the necessary action to shed light on the findings of the PAC and I expect them to resolve this as quickly as possible," said Transport Minister Datuk Seri Liow Tiong Lai in a media release today.
"I have, from the onset, backed the PAC's call for the A-G to conduct further investigations into the management of the construction and development of klia2. I agree that the public has the right to demand answers on this matter.
"Towards this end, seeing that MAHB is a listed entity, Cabinet needed to approve the involvement of the A-G to conduct the audit. The Ministry of Transport fully supported the move to audit klia2 in Cabinet, which has granted approval. The A-G will be requested to undertake the task," added Liow.
He also said he did not dispute that additional costs were incurred in the construction of klia2, but defended the cost overruns as "the result of the scope and requirements in facilities and size, which were reviewed and extended given additional needs of key stakeholders".
It was initially reported that the airport that would service low-cost carriers would cost RM1.7 billion. The cost rose to RM2 billion in March 2009, then to RM2.5 billion in October 2010. In October 2012, Parliament was told that the cost of the airport had ballooned to RM4 billion.
The airport began operating on May 2 last year after several delays from its initial completion date on September 2011 due to design changes and extensive earthworks.
On November 25 last year, PAC reportedly found that the cost overruns at klia2 were a result of MAHB's alleged ineptitude in considering the needs of budget airlines, and that it did not have the experience to build an airport of that size.
But Liow had, on May 19, said klia2 had never experienced any cost overruns.
"Actually, the klia2 project has never experienced cost overruns. The cost of the project increased because of an additional scope due to the new design concept for klia2, or the specific needs of the stakeholders like airlines and the government," he had told Datuk Mohd Ariff Sabri Abdul Aziz (DAP-Raub) in a written reply in Parliament that day, according to The Malaysian Insider.
Pua, who is also DAP national publicity chief, subsequently lambasted Liow on the latter's alleged denial of cost overruns. – The Edge