MALAYSIA Tanah Tumpah Darahku


                                                                                                                                     KKLIU 1211/2017
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Wednesday, May 23, 2018

Sabah will continue to push for second DPM

Sabah PH chair Christina Liew says she was encouraged by Sarawak PH, which has also issued a statement asking for this post.
Sabah PH chairperson Christina Liew said the proposal had been forwarded to PH chief secretary Saifuddin Abdullah when he visited Sabah recently. (facebook pic)
KOTA KINABALU: Sabah Pakatan Harapan (PH) chairperson Christina Liew has vowed to continue pushing for a second deputy prime minister post to take care of Sabah and Sarawak affairs.
The post, which was proposed in the Sabah PH manifesto last year, was not announced by the new Prime Minister Dr Mahathir Mohammad when announcing his first batch of cabinet ministers this week.
Currently, there is only one deputy prime minister, PKR president Dr Wan Azizah Wan Ismail.
“I regret that I don’t see it (the second DPM post) but we will be pushing for it,” she said when met after a breaking-of-fast event organised by the tourism, culture and environment ministry here today.
Liew, who is also Sabah deputy chief minister, said she was pleased to see that the Sarawak PH was also pushing for the same issue.
She said she will ensure the promise will eventually be fulfilled, if not this term, in the next one.
Liew, who is also the state tourism, culture and environment minister, explained that the proposal was actually mooted locally and forwarded to the PH chief secretary Saifuddin Abdullah when he was visiting Sabah.
“The point is we are not like any other states. We are three partners — Sabah, Sarawak and Malaya,” she said.
Liew admitted Mahathir never said anything about a second deputy prime minister post and only heard about it from Saifuddin.
“Hopefully, in the next election, or soon in the future, we will be able to achieve this aim. Now that Sabah and Sarawak have both voiced out on this matter, let’s see what is going to happen,” she said.
Other than the second deputy prime minister post for Sabah and Sarawak, the Sabah PH manifesto had also promised to return 50% of federal revenues collected in Sabah back to the state and to act on the findings of the royal commission of inquiry into illegal immigrants in Sabah. -FMT

This Chart Shows How Najib Drove The Country To RM1 Trillion In Debt

We wish to say “I told you so” again. But to hear it from the horse mouth – Mahathir – is equally satisfying. Yes, Malaysia has already breached the RM1 trillion marks, for the wrong reason. Speaking for the first time to staff of the prime minister’s office, Mahathir revealed the troubling debts accumulated, thanks to 9 years of corrupt Najib administration.

When Mahathir resigned in 2003 after ruling for 22 years (1981 to 2003), the debt was only about RM190 billion. After he passed the baton to Abdullah Badawi, the sleeping head doubled the nation’s debt to about RM380 billion. But after Najib Razak took over the country, he tripled it to RM1 trillion in debts. In short, Najib doubled the debt in 4 years what Badawi would have done in 8 years.

During the 14th election campaign, Najib Razak conveniently used the national debt as a weapon to attack his opposition. He warned the people that a victory for the opponent coalition Pakatan Harapan’s would cause debt to skyrocket. He claimed that the opposition’s promise to abolish GST (goods and services tax) and road toll collection would increase national debt to RM1.1 trillion.
Malaysia Government Gross Debt 1990-2017 Q1 - Finance Minister Performance
Najib, of course, didn’t want the people to know that his regime had already clocked the RM1 trillion figures. By first quarter of 2017, the country was already burdened with RM916.12 billion. Since Najib came to office in 2009, Malaysia’s debt has grown at an average of 10% a year. Hence, if you look at the government gross debt chart, the first number of debt figure will jump – every year (get the picture?).

The worst part is this – despite abolishing subsidies for petrol, diesel, sugar, cooking oil, electricity tariffs, water and whatnot, Najib regime somehow still couldn’t find the money to run the government efficiently. The son of Razak was practically stealing rice from a beggar’s bowl when he introduced 6% GST (goods and services tax) on 1 April 2015.

Do you need more proof that the despicable and corrupt Najib had been stealing from the people to live lavishly? The clearest proof of excessive spending, and even corruption for that matter, can be found in this chart – the yearly allocation for the Prime Minister Office (PMO). In his first year as prime minister, the budget for the PMO breached RM10 billion for the first time in the history.
The yearly budget for the PMO continued to climb and reached the climax when it hit the RM20 billion in 2016. Now we know why a small nation with 32-million populations need to pay RM20 billion for the operation of Najib’s office. After the stunning defeat of Barisan Nasional coalition government, it is discovered that a whopping 17,000 “political appointees” were hired by the previous government.

Prime Minister Mahathir Mohamad, shocked, said the contracts for the highly paid 17,000 “political appointees” will be axed. This will reduce the expenditure. Assuming each of them was paid a conservative RM5,000 every month, the annual expenses would hit RM1 billion already. When Mahathir resigned in 2003, the PMO was allocated merely RM3.5 billion.

However, paying top dollar for 17,000 “political appointees” to boost Najib’s image wasn’t the only wastage policy adopted by the former prime minister. His wife, Rosmah Mansor, was the biggest beneficiary from the massive yearly budget to the PMO. Auntie Rosie’s pet project – Permata Programme – was allocated RM100 million and RM111 million in 2010 and 2011 Budget respectively.
Najib Razak Rosmah
When Najib presented the 2013 Budget, the so-called pre-school education programme was allocated a whopping RM1.2 billion. The amazing part about the “Permata” programme is that nobody knows how the money was being used. In fact, the programme has been such a cash-cow to Rosmah that even after his husband has lost, she insisted the new government to retain the project.

Najib’s previous government operated without transparency. As the finance minister himself, he spent excessively and lavishly without thinking about the source of income. His answer to lack of funding was to borrow money. One of Najib’s tricks in hiding the RM1 trillion debts accumulated over the years – exclude the government-guaranteed debt.

Based on statistic from Bank Negara Malaysia (Central Bank), the debt guaranteed by the Federal Government is at eye-popping RM238 billion. And thanks to the declassification of 1MDB audit report after Najib was defeated in the 14th general election, it has been revealed that the state investment fund was drowning in debt. Now, where is that Arul “Anaconda” Kanda guy when you need him the most?
1MDB Scandal - How Najib Becomes A Billionaire and Fund His Wife’s Diamonds
According to the audit report – assuming there are no new loans after October 2015 – it was estimated that RM42.26 billion was needed to pay the principal and interest that will be due between November 2015 and May 2039. 1MDB also needs a minimum of RM1.52 billion every year for 10 years from November 2015 to May 2024 just to pay back its loans.

In short, the declassified report said the scandal-tainted firm had debt commitments totalling RM74.6 billion, inclusive of interest and borrowing costs, from November 2015 to 2039.1 That’s about RM3 billion of debt commitment every year – for the next 25 years. This is what going to make the country in serious trouble, if billions of dollars plundered by Najib is not recovered.

Now, do you understand why newly sworn-in finance minister Lim Guan Eng is roped in to clean the shit left by the former Thief-in-Chief Najib Razak? Based on his track record in managing Penang finances, only Mr. Lim has the ability to fix the problem. Crooked Najib was essentially driving the country to the brink of bankruptcy, had he not stopped in time.
Najib Razak and Rosmah Mansor - Sad

KLCI Tumbles 1.6% On Renewed Public Debt Worries

(The Edge Markets) – The FBM KLCI tumbled to its lowest level in three months on renewed concerns over national debt levels, following recent statements by Prime Minister Tun Dr Mahathir Mohamad and Finance Minister Lim Guan Eng which signalled the national debt had breached RM1 trillion.
At 12.30pm, the FBM KLCI tumbled 1.6% or 28.67 points to 1,816.36.
Losers thumped gainers by 516 to 97, while 568 counters traded unchanged. Volume was 1.42 billion shares, valued at RM1.25 billion.
Top losers included Petronas Dagangan Bhd, Panasonic Manufacturing Malaysia Bhd, Axiata Group Bhd, Fraser & Neave Holdings Bhd, MISC Bhd, CIMB Group Holdings Bhd, Lafarge Malaysia Bhd, Bursa Malaysia Bhd and Tenaga Nasional Bhd.
The actives included NetX Holdings Bhd, Sapura Energy Bhd, AirAsia X Bhd, My E.G. Services Bhd, Borneo Oil Bhd, Hubline Bhd, PUC Bhd and Hibiscus Petroleum Bhd.
The gainers included Nestle (M) Bhd, Hong Leong Bank Bhd, Kossan Rubber Industries Bhd, Time Dotcom Bhd, Southern Acids (M) Bhd, Apollo Food Holdings Bhd, Hong Leong Industries Bhd and Inari Amertron Bhd.
Asian shares were mostly weak on Wednesday, with investors cautious after U.S. President Donald Trump tempered optimism over progress made so far in trade talks between the world’s two largest economic powers, according to Reuters.
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, while Japan’s Nikkei lost as much as 1.4% to hit a 1-1/2-week low and the Shanghai Composite Index retreated 0.6%, Reuters said.
As for the global market, Affin Hwang Capital Research said US stocks dropped overnight as markets perceived China trade talks yielded little, whilst tensions with North Korean and Iran escalated.
The research house said that stocks in Europe rose on positive earnings, led by Telco and Auto sectors, also on China’s announcement of tariff cuts for import duties on automobiles.
“Crude oil prices [are] expected to continue to surge higher, which might [be] contributed by Venezuela’s oil output collapsing at an accelerating pace.
“Locally, the FBM KLCI Index dipped 8.55 points on Tuesday. The index is anticipated to continue drifting lower, as technical indicators show slowing down of momentum, as well as heavy selling interests on heavy weight counters,” Affin Hwang Capital Research added.

Understanding The Issue Of National Debt

Malaysia’s National Debt Clock:  https://www.nationaldebtclocks.org/debtclock/malaysia

Should we pay off our national debt?

In 1919, Stanley Baldwin asked tax payers to help pay off the national debt, which had skyrocketed during the WW1 (debt-to-GDP was 165% at the time).
So a fund was created with an anonymous £500,000 donation to pay off the national debt.
It is now worth £400 million.
But the fund has never grown above 0.066% of the national debt, meaning it has been kept in limbo this entire time.
Now, the Attorney General Jeremy Wright QC is applying to release the fund and use it to pay off the debt.
“Almost 90 years ago an anonymous donor bequeathed money to the nation and yet we have not been able to put it to good use. We have been working with the Treasury, Trustees and the Charity Commission to find a solution consistent with the donor’s original objectives of extinguishing the national debt.”
This is good news. Sure, the fund is only a drop in the ocean, but anything that reduces the colossal debt we’ve amassed is surely to be welcomed.
But the reason I mention the fund here today is because I think it gives a useful indicator into how some people view our national debt.
The Guardian’s headline on the story ran as follows: “Attorney general defies call to give £400m windfall to UK charities”.
They are expressly not happy that the trust might be used for its original purpose – the one intended by the generous donor.
They are in support of Labour Shadow Minister Steve Reed, who gives a clear insight into where his thinking is on the matter:
“This £475m would be a tidal wave of support for small charities, but it’s a drop in the ocean compared to the national debt. In fact, the national debt is rising so fast that by the end of the same day this payment is made towards it, the debt will have risen by nearly the same amount.”
Just think about what he’s saying here.
Because the debt is rising so fast, he sees no reason to pay a bit of it off.
Forget the fact that his point is meaningless (it will still reduce the debt by 400 million pounds for Heavens’ sake!), I find it unsettling that this is how an elected politician views the country’s finances.
That Reed thinks money intended to pay off our debt – donated at a time of national trauma – can be compared to giving the money to charity is alarming, no?
It’s as if the debt is merely a minor irritant for some people, an esoteric subject for a handful of miserable accountants to fret over, while everyone else gets on with what’s really important…
And anyone who suggest otherwise is unfit to hold public office, to my mind.
It is not my intention to make a party-political point, here.
I’m not sure the Tories are much cop themselves on this issue. Theresa May’s idea for a cap on energy bills was an astonishing idea for a Tory Prime Minister – one we haven’t heard from a Tory leader since the disaster of the 1970s, if I’m not mistaken.
But I do want to make an economic point.
Since 2008, the UK national debt has skyrocketed.
Despite the economy returning to growth in the wake of the global financial crisis, the debt has only got bigger – trebling since 2007.
Britain’s debt has exploded by over £1 trillion in less than a decade
According to Trading Economics, the UK’s debt-to-GDP ratio has increased from 76% of GDP in 2010 to over 89% today. That leaves us at the edge of an economic cliff.
In 2010, Harvard economics professor Kenneth Rogoff looked into how debt levels affect an economy’s ability to grow and get itself out of trouble.
He looked at 200 years of data for 44 countries. Here’s the critical finding [emphasis mine]:
“First, the relationship between government debt and real GDP growth is weak for debt/GDP ratios below 90% of GDP. Above the threshold of 90%, median growth rates fall by 1%, and average growth falls considerably more.
So countries with a debt to GDP burden of over 90% find it significantly harder to grow, as paying off the interest on existing debt becomes such a hindrance it constrains growth.
You can see this with Italy and Greece – suffering with national debts of 131.80% and 178.60% respectively.
Britain is perilously close to the 90% threshold. A bad quarter would push us well over that mark, I expect.
As I said before, this is the highest peacetime debt we’ve ever had. We’ve been living beyond our means for decades.
And yet the idea we could start chipping away at the debt by putting £400 million towards its original purpose is dismissed by a Member of Parliament.
I’d be interested to hear Steve Reed’s view on what happens to the debt when the next recession strikes… and what he’ll tell his constituents when they ask him how he proposes reducing it…
Then again, it’ll be too late by then.
You’ll either be prepared for what’s to come… or you won’t be.
Nick O’Connor
Publisher, Southbank Investment Research

Oil Continues To Climb As Analysts Predict Supply Declines

(Houston Chronicle) – Oil traded near the highest price in almost 3 1/2 years as new sanctions on Venezuela and shrinking U.S. crude inventories spurred concerns about tightening worldwide supplies.
Futures rose as much as 0.8 percent in New York on Tuesday. President Donald Trump’s latest sanctions against the regime of Venezuelan leader Nicolas Maduro that threaten to further choke the Latin American nation’s already-hobbled petroleum industry. Meanwhile, a U.S. government tally on Wednesday is expected to show crude inventories fell for a third straight week, which would be the longest streak of declines since January.
“The fundamental picture continues to show signs of tightening,” said Gene McGillian, market research manager at Tradition Energy. “The uncertainty on geopolitical issues is also contributing to the rally.”
Oil is trading at the highest levels since late 2014 as Middle East conflicts, U.S. sanctions on Iran and plunging Venezuelan output intensify supply concerns. The Organization of Petroleum Exporting Countries and allied nations have been curbing output since the start of 2017 to prop up prices.
Still, some traders were cautious about how durable the rally will be, given weakness in the spread between futures contracts pegged to different months, a gauge of the health of the physical market.
“In the immediate term, we can’t conclude the rally is completely done yet,” McGillian said. “But, there are signs emerging that we’re getting into territory where a bit of a correction could materialize.”
West Texas Intermediate for June delivery, which expires Tuesday, fell 17 cents to $72.07 a barrel at 1:36 p.m. on the New York Mercantile Exchange, after earlier touching $72.83. The July contract fell 11 cents to $72.24.
Brent futures for July settlement advanced 16 cents to $79.38 on the London-based ICE Futures Europe exchange. The global benchmark crude traded at a $7.13 premium to WTI for the same month.
Yuan-denominated futures increased 0.6 percent to 485.1 yuan a barrel on the Shanghai International Energy Exchange. The contract fell 0.8 percent on Monday.
U.S. Pressure
Trump issued an order on Monday prohibiting purchases of debt owed to Venezuela including Petroleos de Venezuela SA, the Latin American nation’s state-owned oil company. The move followed a first wave of restrictions last year that banned the purchase of new debt from the government.
Venezuelan crude output may drop below 1 million barrels a day in the coming months from an April level of 1.5 million, Barclays Plc said in a May 18 report, raising its 2018 forecast for Brent to $70 from $63.
The International Energy Agency has started discussions with major oil-producing countries about their ability “to make up the loss from Venezuela or elsewhere,” Executive Director Fatih Birol said in a Bloomberg Television interview.
In the U.S., crude inventories probably fell by 1.9 million barrels last week, according to the Bloomberg survey of analysts. Stockpiles at the key storage hub at Cushing, Oklahoma, fell by an estimated 250,000 barrels.
Other oil-market news:
  • U.S. Secretary of State Mike Pompeo demanded that Iran halt all uranium enrichment, stop its ballistic-missile program and give nuclear inspectors access to the entire country
  • Venezuela to lose further 500,000 barrels a day of output by year end, according to oil trader Gunvor’s chief economist
  • Thunderstorms and low pressure off Belize has 40 percent chance of becoming a tropical or sub-tropical system as it moves into the eastern Gulf of Mexico
  • Russia was said to renew talks on lowering oil taxes on downstream

Abdul Azeez resigns as Tabung Haji chairman

PETALING JAYA: Datuk Seri Abdul Azeez Abdul Rahim has tendered his resignation as the Lembaga Tabung Haji chairman.
His contract was supposed to end in July next year.
Abdul Azeez said his letter was submitted to the fund's legal department on May 14.
Another letter addressed to the minister in charge of Lembaga Tabung Haji is still with his legal team, as such a minister has yet to be appointed.
"I was appointed by the minister in the Prime Minister's department, so my resignation must also go back to the minister in charge.As far as my position is concerned, I have resigned. It is still sort of unofficial, because there is no minister yet.
"My legal team will send the letter out to the respective departments once the minister responsible (for Tabung Haji) is appointed," he said.
Abdul Azeez added that he respected the new Government's decision that no politician should hold any positions in government-linked companies, including Lembaga Tabung Haji.- Star

*RASUAH DI MINDEF?* (Surat terbuka kepada YAB MENHAN) Dari Hj Zaidi bin Ahmad

Image result for mindef logo

I received the following via WhatsApp. Its a complaint. 

(Surat terbuka kepada YAB MENHAN)
Dari  Hj Zaidi bin Ahmad

Assalamualaikum w.b.h.

Pertama sekali saya ingin mengucapkan tahniah diatas perlantikan YAB sebagai Menteri Pertahanan. Ternyata ijtihad politik YAB adalah tepat sehingga BN berjaya ditumbangkan dan PH berjaya menubuhkan kerajaan yg menjadi harapan rakyat. Yang paling penting ianya adalah bukti kekuasaan dan keadilan Allah SWT dimana segala perjuangan dan pengorbanan pejuang2 PH terutama YAB dan rakan2 sehingga sanggup masuk penjara mendapat balasan cukup hebat dengan diberikan kemenangan yg cukup manis pada PRU14. Semoga ianya tidak melalaikan kita dari tugas dan tanggungjawab terutama terhadap mereka2 yg dizalimi oleh rejim yg terdahulu.

Disini saya ingin menyampaikan beberapa maklumat berhubung dakwaan rasuah di KEMENTAH (MINDEF) yg disampaikan kepada saya dari sumber2 yg boleh dipercayai. Mohon YAB siasat status kebenarannya dan mengambil tindakan yg sewajarnya. Ingatlah bahawa Allah SWT dan rakyat memerhati;


(Adakah benar pembelian helikopter ini diuruskan oleh syarikat milik bekas setpol kepada Menteri Pertahanan sebelum ini iaitu Hal_man Opt_ma Sdn Bhd?)




Ini jelas wujudnya "conflict of interest" apabila mereka sepatutnya membuat penilaian dan teguran terhadap syarikat jika sekiranya gagal menunjukkan prestasi yang sepatutnya dalam pembekalan barangan atau perkhidmatan.

Ini dibuktikan dgn serviceability rate yg rendah bagi aset2 tempur ATM & juga barangan yg diterima berkeadaan kurang sempurna.



Mohon pembelaan dari kerajaan PH atas kezaliman yg ditimpakan keatas saya dan keluarga. Saya telah berbincang dengan peguam dan beliau memberikan 2 pilihan dimana Majlis Angkatan Tentera (MAT) boleh bantu saya iaitu;

a. Mengambil semula saya bekerja dengan diberi jawatan yg setaraf.

b. Mendapatkan pengampunan dari SPB Yg Dipertuan Agong dimana saya akan layak mendapat pencen dan lain2 faedah persaraan. 


Perkara ini saya akan jelaskan secara lebih terperinci lagi di lain kali tetapi disini saya akan sebutkan secara sepintas lalu sahaja;

a. *BATALKAN SEGERA PROJEK PEMBELIAN KAPAL PERANG DARI CHINA.* Amatlah tidak masuk akal apabila China merupakan pesaing kita di Laut Cina Selatan (LCS) malah pada 2014 telah memasukkan perairan Sabah dan Sarawak sebagai wilayah mereka dalam peta baru negara mereka , kita pulak nak pergi "bantu" mereka dengan membeli kapal perang mereka. Lagi satu kita akan terpaksa bergantung dengan mereka dari segi alat ganti dan persenjataan. Lagi satu amalan semasa BN iaitu menjemput kapal2 perang China untuk berlabuh di pelabuhan kita untuk mengambil bekalan *HENDAKLAH DIHENTIKAN SEGERA!!!*

b. PEMBELIAN MISIL ANTI UDARA (Surface to Air Missile- SAM) untuk melindungi aset2 penting kita terutama pangkalan2 udara, kem2, pelabuhan2, kapal2 perang kita, mindef, Putrajaya dan banyak lagi. Malaysia khabarnya telah membeli beberapa jenis SAM seperti "Jernas", "Starstreak" dan "Igla" namun semuanya adalah dalam kategori "jarak dekat" sedangkan kita perlukan SAM bagi ketiga2 peringkat iaitu dekat, sederhana dan jauh. Pihak Singapura telahpun menukar SAM jarak sederhana dan jauh mereka dari jenis I-Hawk kepada Aster 30 yg juga boleh dipasang di kapal2.

c. AEWACS; Bagi pesawat udara pula jumlah jet pejuang dikira mencukupi tetapi apa yg amat2 diperlukan oleh TUDM ialah pesawat radar amaran awal dan kawalan (Airborne Early Warning and Control Systems - AEWACS). Singapore sudah memiliki pesawat ini sejak tahun 1989 lagi sedangkan kita sampai sekarang belum ada. Pesawat ini juga amat penting bagi mengelakkan tragedi MH370 berulang. 

d. Bagi Tentera darat pula keutamaan mereka pada pandangan saya ialah sistem artillery mudah alih atau self propelled howitzer selain dari helikopter tempur yg setaraf dengan helicopter Apache milk Singapura dan helicopter pengangkut yg lebih moden seperti UH-60 Blackhawk.

e.  Bagi TLDM pula perlukan kapal perang jenis pemusnah atau destroyer yang boleh melakukan kedua2 peranan anti udara dan anti kapal selam selain kapal pengangkut tentera untuk serangan pantai (Amphibious Landing Ship). Juga keperluan mendesak untuk pesawat dan helicopter maritim yg mampu melakukan tugas anti kapal selam. 

Sekian dulu semoga dapat membantu  YAB melaksanakan tugas yg amat berat dan penting ini. Semoga Allah SWT memberkati dan memelihara YAB sepanjang menjalankan tugas yg mulia ini dan juga memelihara negara tercinta ini dari sebarang ancaman musuh samada luaran atau dalaman. Wassalamualaikum w.b.h.

Hj Zaidi bin Ahmad
(Bekas Mejar TUDM)

Lawati dan like fb page saya di *Sokong Mejar Zaidi TUDM*