MALAYSIAKINI reported that the “highly-secret agreements between Tenaga Nasional Bhd (TNB) and independent power producers (IPPs) can be released to parliamentarians,” said Deputy International Trade and Industry Minister Mukhriz Mahathir.
However, he also said the power purchase agreements cannot be disclosed to the public, as these are confidential matters.
Dang! Of course you cannot reveal to the public all the confidential matters concocted and now snuggly safe under the sarong! Dirty tricks must be kept dirty. Its OK tell our lawmakers and I will dig it out of my MP and if he refuses, Sivarasa will not get my vote, that’s for sure! No lah, I will not vote BN….ABU…..anything but umno. I will put into effect, working out of the box…..like putting the X outside the box, yah?
We are already blessed in that we have public-spirited individuals like Dato Mohd. Ariff Sabri, who keeps sharing with us what the public should know: He writes in his latest blogposting: THE BIGGER SUBSIDY ADDICTS,
Who were the first entrants to the IPP business? Genting Sanyen, YTL Power, Malakoff, SEV, Prai Power,Powertek, GB3, Tanjung Bin Power and Kapar Energy are among the two dozen or so IPPs in Malaysia. All of the above are owned by the Genting Lims, Francis Yeoh, Syed Mokhtar and Ananda Krishnan. These were the usual suspects consisting of the connected businessmen who get most of the big deals.
YTL Power's profit for 2010 was more than RM1.6 billion on revenues of RM13 billion. Malakoff in 2009 had a profit of RM380 million on revenues of RM5.6 billion. Powertek had revenues of RM1.34 billion and a profit of RM450 million.
So Francis Yeoh makes RM1.6 billion and Ananda Krishnan makes RM450 million from his IPP while collecting subsidies from public money. Tiuniamakahai! (do excuse Dato Sak…..that could be a Muay Thai victory call although it sounds Cantonese! But could it be the battle cry of RoHAIya OBEDIENT WIFE’S CLUB.)
Datuk Sak continues......
It is essentially a transfer of funds from the people's pockets to the IPP's vaults, through TNB, aided and abetted by the government.
But the imbecilic minister says we can't reveal. Of course we can't reveal because that would expose the scandalous amount of profits these business luminaries make.
SO should we continue selling fuel at subsidized rates totaling RM 19 billion allowing these people to make huge profits?
Let’s have Dato Ariff Sabri (SakmongkolAK47) kick some crony butts; kinda like robbing the poor to gold-plate and diamond-stud some cronies’ toilet seat aka commode. HERE.
In the end, after making many more millions in their personal bank accounts, not forgetting those ferraris, lambos, bungalows, super-suites, jets, yachts, mistresses, paris hiltons, luxury watches, clothes, shoes and etc that they buy for theirs wives, sons & daughters and relatives and friends and mistresses, all from the pockets of hard-working and obedient citizens (of course with the assistance from gomen), in the end, these taikuns all will also dump back in some money to the bank accounts of their political friends. And this cycle, will allow these taikuns to keep making money, keep buying those ferraris, bentleys and lambos etc.. while the policians will continues to pay APCO more money for spin-doctoring facts and brain-washing the minds of these (we can call them stupid) hard-working, obedient citizens, thus allowing them to stay in power as gomens, thus allowing them to further assist these taikuns.
ReplyDeleteHahahaha.. the Malaysia Boleh cycle! Sometimes i wonder, hey, why pay so much for advertisements on your company products and services in Malaysia, when all of you business owners BOLEH make it big in Bolehland by just dumping all those advertisements into the bank accounts of your choosen (BN only ah..) politicians!
It's a jokeland, if u ask me.
Sya pun mau jadi boss IPP.. ini punya macam untung.. aba pun bolih bili la! Mau kastam bikin satu jet terbang bu bolih la!
ReplyDeleteAda orang bolih kasi ajar sama sya macam mana mau bikin bukak satu IPP ka? Ini YTL manyak besar bun bolih untung 1billion, kalo sya punya sendiri IPP kicik kicik pun talak apa.. sya rasa kicik kicik pun bolih buat untung 2, 3 million, itu pun sya sudah cukup tamau kerja! Enjoy jugak sudah.
TAN SRI AINI - THE MOST HONORABLE N TRUTHFUL MALAYSIAN REFUSED TO SIGN THE TNB- IPP AGREEMENT AS IT WAS SO LOPSIDED LIKE TNB GIVING A BLANK CHEQUE TO IPP . LATER TAN SRI RESIGNED FROM TNB.MALAYSIANS HAVE BEEN CONNED FOR ALONG TIME - REMEMBER MAS - FIRST PRIVATISED TO A CRONY N THEN SOLD BACK TO THE GOVERNMENT AT A PREMIUM, SO ARE THE 2 LRT LINES, THIS IS DR WHO WAY TO BLEED THE ECONOMY N BENEFIT A FEW CRONIES. CORRECT CORRECT CORRECT, LOOK AT PKFZ - BILLIONS MISSING LAH. WHEREIS UTUSAN N PERKASA LAH
ReplyDeleteBravo to Datuk Sak. He gives it to you straight......on the b...s.
ReplyDeleteJust wondering what percentage goes to Umno and certain politicians. No way the billionaires could get away without sharing.
ReplyDeleteThe UMNO MPs were lined up in the cafeteria in Putrajaya for a gathering. At the head of the table was a large pile of apples. The Nazri made a note, and posted it on the apple tray:
ReplyDelete'Take only ONE . Allah is watching.'
Moving further along the line, at the other end of the table was a large pile of chocolate chip cookies.
A Mamak Kutty Jr had written a note, 'Take all you want. Allah is watching the apples...'
TIUNIAMAKAHAI!Obedient wives club call to action!Hahaha!
ReplyDeleteThere is nothing to disclose about the IPP contracts. BN is already openly, unashamedly, in broad daylight, robbing the rakyat. And if you read between the lines, Mukhriz is telling the rakyat to "F" off!!!
ReplyDeleteThey actually don't care what the rakyat thinks or say because it is BN's divine right to plunder the country and we the rakyat should be honoured.
RM1.0b a year for 20 years. fuck the kerala arsehole who together with his cronies milked the country dry and have our subsidies removed now.
ReplyDeleteROBIN HOOD VS ROBBING CROOKS - 080611
ReplyDeleteRobin was famous for robbing
The rich to help the poor
But modern crooks keep plotting
On how to rob the poor till they are on the floor
(C) Samuel Goh Kim Eng
http://motivationinmotion.blogspot.com
Wed.8 th Jun.2011.
Dear Bernie,What Mukriz meant was that nobody except those involved in drafting the agreements have access to them.Or else the rakyat would know who is the 'Big Chief Architect'of the agreements.It is his bapak Dr.M.By looking at the agreement the rakyat would know how much the gang and Dr.M made.
ReplyDeleteSoon in parliament some crony MP is
going to propose for a vote to place these documents under the classified OSA.Then these papers are going to be sealed forever.
wonder where mamak mahaThief's involvement in all these highly lucrative booty deals lies ?
ReplyDeleteThat is one sure way for Najib to get his support from the cronies, especially those from Umno, in order to stay as president of Umno thus to remain as P.M. of Malaysia. After all it is not his own money, and with borrowed money, when the country is about to bankrupt. How pathetic and how typical of their kind !
ReplyDeleteAnd also how can descendants of incest relationships come up with better idea ?
That is if the ruling party can retain power for long and sorry to say even Umno is well aware their days as the ruling party in the name of BN, are numbered. May be even their own survival is in questioned ! That is why he is offering PAS three ministries just so to stay in power so to continue robbing the people.
Barang Naik everywhere.
ReplyDeleteAstro naik harga!
Prpaid Mobile telcos are soon charging you 6% service tax. What service are they providing?
Ini semua BN punya pasal!
Please read Talent Corpse USA roadshow -
ReplyDeletehttp://malaysiatoday.com/2011/06/talent-corp-or-talent-corpse-classic-bodohs/
My Dear Fellow Malaysians:
I am compelled to write to you regarding Talent Corp road show in the U.S.
I have just attended one of their sessions at Marriott, Santa Clara.
The turn-out was good. About 200 Malaysians living in the Bay Area
attended this event hoping to hear what they have to offer. Not surprising the event was a letdown.
Talent Corp. sent amateurs to speak on behalf of Johan Merican, whom was nowhere to be found. The speaker was a young kid, Hidayat, who was very proud to tell the audience that there is nothing wrong with our Malaysian education system, because he graduated from MIT.. Let me say that that this kid was so naive, speaks poor English, has no business acumen, lacks any respect for Malaysian professionals/audience, and completely has no understanding of American business etiquette.
For someone who claims to be MIT graduate and used to work overseas as a consultant — he definitely did not possess any quality whatsoever.
He failed to mention that he just spent just few years completing his
undergraduate degree here in the US, and have never lived or worked
in America. Real life work experience has no substitute.
Being a graduate from MIT does not qualify him to talk down on
professionals like us here in the Bay Area. He was utterly
disrespectful. It was shameful to see such an individual addressing
the audience.
During the Q & A session was not able to substantiate his slide
presentation. For instance, one of the benefits for luring back
Malaysians abroad is by extending 15% income tax reduction, giving two
cars, furniture, and so on. When asked if he really thought it is a
competitive package as opposed to other countries. He honestly believed it was, without citing any examples or comparisons.
This kid is so arrogant and insisted what the government says is for the good
of all.
When our fellow Malaysians asked about what the government was doing
about immigration-laws, such as dual-citizenship, spouses able to find
jobs in Malaysia, education for the children, insurance, diversity and
inclusiveness, and so on — this ‘prick’ Hidayat was lost for words,
nothing to say.
FYI, the delegation was represented by people from the Northern
Corridor (Dato’ Reza) and team, MSC (Dato’ Sham) and team, two young
ladies from Khazanah, and Mr. Pang from MIDA. Imagine them having to
sit and listen to an amateur telling all of us what to do?
When are they going to realize that they are wasting too much of
Malaysian’s tax payers hard earned money; traveling with their
families (on taxpayers’ money) to the US on the pretext of a business conference.
Shameful! They brought along their wives and children for shopping and
sight-seeing. Why must their wives and children come along on official
trips paid with Malaysian tax payers money? Gross abuse of public
funds. MACC where art thou?
Furthermore, Dato’ Sham (from MSC) even showed up late for the event, made no apology or showed no remorse. Another sign of lack of respect and arrogance .
He simply “didn’t-give-a-damn! I said to them this is just another propaganda by Najib’s government. They were not serious about it “hangat-hangat tahi ayam aje”. So much for Najib’s plan to transform Malaysia into a high income
nation……. show us you mean business Jibby….don’t send boys to do a
man’s job. Especially ‘stupid boys’ and ‘pricks’ like Dato Sham from
MSC….
Next time leave your families behind for official business overseas
(don’t take them shopping and sightseeing on taxpayers monies).
What a load of bullshit / hogwash!……talent corp a waste of good taxpayers money!
Only then, Jibby you may talk about cutting subsidies, otherwise shut-up!
Mukhriz Mahathir was talking nonsense when he said Members of Parliaments have access to "confidential documents" like IPP Agreements.
ReplyDeleteIf the people keep voting these corrupt galahs in, then I'm afriad the people deserved to be bled dry! Com'n folks, kick these assholes out in the next GE!
ReplyDeleteOi dear you all BN bloggers.. lu orang tolong lah sikit... lu orang betul betul mau lihat Malaysia kantoi kah?
ReplyDeleteTolong lah... insaf lah sikit... ini punya kerajaan tarak bikin lah.. nanti cucu cicit lu semua jugak yang suffer...
Dear BN bloggers... undilah opposition!
Lu orang tarak suka Anwar tarak apa... tapi undilah kerajaan sekarang ini keluar!
Yes, do tell us how we the Rakyat has been screwed left, right and center. Rakyat di dahulukan BOLLOCKS. It should be CRONIES DI DAHULUKAN from Jibby.
ReplyDeleteShalom
Businessman are cutting corners in time of Barang Naik. When there are no more corners to cut, they short-change. So it is no surprise that the usual glass of the teh tarik is thinner, the indispensable roti canai – the working class fodder, is larger in size but thinner in dimension, the fried kueyteow has less prawns and taugeh or stumps of the sawi and the nasi lemak bungkus does not have ikan bilis but its paste mashed with cilli api.
ReplyDeleteHave the ministers and BN decision makers walked the streets patronised cherry tree stalls to figure this out? No. They are talking from the velvety cushions of penthouses and five-star studded meals. “Tighten your belts” they admonish the complaining rakyat.
Astro also naik harga.
ReplyDeleteSigh!
Barang Naik everywhere.
Dear Uncle Zorro
ReplyDeleteTime to watch (re-watch) this video:
http://www.youtube.com/watch?v=WhWW5hTpS7s
Phua Kai Lit