Showing posts with label Politics. Show all posts
Showing posts with label Politics. Show all posts

Thursday, July 3, 2008

PI: Cops left out vital info

KUALA LUMPUR: Police omitted pertinent information allegedly linking Deputy Prime Minister Datuk Seri Najib Tun Razak with the Altantuya Shaariibuu murder case, claimed private investigator P. Balasubramaniam in a statutory declaration.

Balasubramaniam declared he had informed police what Abdul Razak Baginda had purportedly told him prior to Altantuya's murder.

He revealed yesterday the content of the statutory declaration at a press conference organised by PKR de facto leader Datuk Seri Anwar Ibrahim together with PKR office bearers, MPs and lawyers at the party's headquarters in Tropicana, just outside Kuala Lumpur.

He said Razak had told him that he was introduced to Altantuya by Datuk Seri Najib Tun Razak at a diamond exhibition in Singapore and that Najib had told him that he (Najib) and Altantuya had had a sexual relationship and that “she was susceptible to anal intercourse”.

Balasubramaniam said Razak had also told him that Najib had asked him (Razak) “to look after” Altantuya, who was also known as “Aminah”, because he did not want her to harass him now that he was the Deputy Prime Minister.

He claimed Razak had told him that Altantuya had wanted money as she felt entitled to a US$500,000 (RM1.65mil) commission from a submarine deal that she had assisted the Malaysian Government secure in Paris; and that Najib, Razak and Altantuya all had dinner together in Paris.

Balasubramaniam said the day Razak was arrested for abetting in the murder of Altantuya, he (Balasubramaniam) was with Razak at a lawyer’s office where Razak showed him Najib’s SMS which he received while they were both in the office.

Najib’s message to Razak supposedly said: “I am seeing the IGP at 11am today ... matter will be solved ... be cool.”

“I was sitting just beside Razak and he told me he had sent an SMS to Najib and never received a reply. Then he received the reply. He showed me the reply and also to the lawyer,” Balasubramaniam said

PKR said it was Balasubramaniam who approached them about the Altantuya case and not the other way around.

Altantuya was murdered between Oct 19 and Oct 20, 2006 and her body blown up using C4 explosives.

Razak is on trial for abetting with the murder while two police officers Kpl Sirul Azhar Umar and C/Insp Azilah Hadri are charged with her murder.

Balasubramaniam said Razak had given him all this information about Najib “in an attempt to persuade me to continue my employment with him”.

He alleged that the police however omitted all this information in his police statement made in November 2006 but he signed it anyway because after being in the lock-up for seven days he just wanted to go home.

“If you have experienced being in a lock-up, definitely you will sign the statement. I have three children (to think about).

”I was arrested under (Section) 302 (for murder). What’s the reason? In the first place there was no reason for the police to put me in the lock-up. They can call me anytime to take a statement. I was the private investigator for Razak,” he said.

Balasubramaniam was a former police officer who joined the force in 1981. He resigned in 1998 when he was with the Special Branch and has been working as a freelance private investigator since then.

He was first employed by Razak in June 2006 for 10 days and again in October the same year.

Balasubramaniam’s lawyer Americk Sidhu said his client decided to come up with his statutory declaration after the prosecution closed the Altantuya case on June 23.

“He was waiting for the prosecution to bring up the evidence and was very surprised that this matter was not raised,” he said.

Sidhu said Balasubramaniam did not say anything about the information Razak shared with him on Najib and Altantuya in court when he testified in the Altantuya trial because the prosecution did not question him about it.

He also stressed that Balasubramaniam’s statutory declaration was “not a statement of truth” but rather what had been said to him by Razak and Altantuya.

“Whether true or not – he doesn’t know for sure. He just told what was told to him,” he said, adding that the purpose of the press conference was to bring to light that “there is this evidence available”.

“And if the prosecution wants to use it, Bala is available at anytime,” he said.

In his statutory declaration, Balasubramaniam also said that Razak had told him that Altantuya was a great liar and good at convincing people.

He said when he met Altantuya, she, too, told him that she met Razak and Najib in Singapore, and that they had dinner in Paris and that she was promised US$500,000 as commission for assisting in the submarine deal. She also told him that Razak had bought her a house in Mongolia but her brother had refinanced it and she needed money to redeem her home.

Balasubramaniam claimed that Altantuya had also told him that Razak had married her in South Korea and asked if Balasubramaniam could arrange for her to see Najib while she was in Malaysia.

Balasubramaniam said that on Oct 20 after Altantuya had gone missing, two of her friends showed up at Razak’s home asking where she was. He added that they came back a few days later convinced that she was being held in his house.

Following a commotion outside Razak’s house, he said, he called the police, as well as Razak to inform him of what was happening outside his front gate. He said Razak told him a DSP Musa Safri would call him back on his handphone and to pass that call to the inspector from Dang Wangi police station.

He said he did that and following the call, which lasted three to four minutes, the inspector told the two girls to leave and come see him the next day.

Balasubramaniam said he wanted to bring to notice the strong possibility that there were individuals other than the three accused involved in the murder and that he was disappointed at the standard of investigation conducted by the authorities.

He also wanted to persuade the relevant authorities to reopen their investigation so that fresh evidence may be presented.

To a question, Balasubramaniam said now that he had come out with the statutory declaration, he was worried for his personal safety.


The Star, July 4th

Tuesday, June 17, 2008

Petronas Charging Extra???

Is it true that Petronas is charging extra RM0.004?

Email is circulating the following:

"The Govt. announced the new petrol price at RM2.70 and all petrol stations set their meters at RM2.700 EXCEPT Petronas, who set their meters at RM2.704.We don't really notice this and Petronas is taking advantage of this!!!I say let's boycott Petronas for good!!"


People are much angry now!
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Tuesday, June 10, 2008

Government BN (Barang Naik) treat the RAKYAT

See how our ruling government BN (Barang Naik) treat the RAKYAT

Today Tenaga stock rose by about MYR1.00. Volume traded in excess of 35 million units.Yesterday Tenaga stock was suspended. Put these points together.

1. If you know that an announcement would be made on Wednesday that TNB rates will be revised upwards you would surely buy Tenaga shares on Tuesday.

2. If you own an investment bank or have sufficient credit line with an Investment Bank you would have bought as much as you could knowing that the price will surely go up.

3. Since you have to pay within 3 days (T+3 rule), you would have planned to sell on Friday. Â So you could have bought 1Million Tenaga shares on Tuesday and sold it today for a cool MYR1Million profit without paying any money (perhaps some borrowing costs for 2-3 days).

4. Of course none of us are privy to the announcement of the fuel hike, but the family of the PM are privy to it.

5. Of course none of us have a large credit line with an Investment Bank but the family of the PM owns an investment bank.

6. Why the surprise announcement on 05 June when the PM has said that it would be in August ? Well you can only make a big and quick profit if you control the timings and surprise others.

7. For those in the know (the powers that be and their cronies) this has been one hugely profitable week buying and shorting the related shares. The poor rakyat had to queue just to fill up their tanks and perhaps save between MYR20-MYR100.


Now read below..... Need those in know of the basic economics of crude, fuel etc to comment.

WHAT IS NEVER MENTIONED IN Mainstream Media like NST/TheStar/Utusan/BH are these facts....

Malaysian PerCapita Income USD 5000 VS Singaporean PerCapita Income USD 25000

Further The Star made a comparison of prices in Thailand , Singapore and Indonesia .

For Thailand it is quoted at RM3.90/liter, however are they aware that in Thailand new cars are cheaper than Malaysia by RM10,000? They pay only one life time for their driving license? No renewal fee after that? Also that goes for road tax as well? And do TheStar also aware that you can drive all the way from Hadtyai to Bangkok on a six lane highway without paying any Tolls ??!!

Whereas here in Malaysia you have to pay yearly renewal for road tax, driving license and TOLLS, TOLLS, TOLLS!!!

For Singapore how can you quote RM 5.20 ? Please quote in Singapore Dollars because they are earning in Sing Dollars. You might as well say Europeans are paying RM10/liter. RM5.20/liter = Sing $2.20/liter, still cheaper than Malaysia in view of fact that Singapore is not a crude oil exporter. Are you saying that you fill up petrol in Singapore by paying Ringgit?

In economy, dollar to dollar must be compared as apple to apple. Not omparing like durian in M'sia is much cheaper than durian in Japan!! Of course-lah, Japan is not durian producer!!! Comparing Malaysian durian with Thailand durian make more sense!!

For Indonesia we might say is cheaper there at RM2.07/liter but compare that to their level of income!

Now, let us compare the price with OIL PRODUCING countries:

UAE RM1.19/litre
Eygpt RM1.03/litre
Bahrain RM0.87/litre
Qatar RM0.68/litre
Kuwait RM0.67/litre
Saudi Arabia RM0.38/litre
IranRM0.35/litre
Nigeria RM0.32/litre
Turkmenistan RM0.25/litre
Venezuela RM0.16/litre
MALAYSIA RM2.70/litre

RM 2.70!!! Individual perspective:

As of last month a Toyota Vios would 'cause a damage' of about RM 89,000. In the international market, a Toyota Vios is about USD 19,000 USD19,000 = RM 62,700 (using the indicative rates of USD 1 = RM 3.30). That makes Malaysian Vios owners pay an extra RM 26,300. This RM 26,300 should be cost of operations, profit and tax because the transportation costs have been factored in to the USD 19,000.

RM 26,300/ RM625 petrol rebate per year translates to a Vios being used for 42.08 years. I do understand that the RM 625 is a rebate given by the government, but it also means that one has to use the Vios for 42.08 years just to make back the amount paid in taxes for the usage of a foreign car. Would anyone use any kind of car for that long?

Now with these numbers in front of us, does the subsidy sound like a subsidy or does it sound like a penalty? This just seems to be a heavy increment in our daily cost of living as we are not only charged with high car taxes but also with a drastic increase in fuel price.


With all the numbers listed out, I urge all Malaysians to join me in analyzing the situation further:

Car taxation is government profit, fuel sales is Petronas' (GLC) profit which also translates into government profit. The government may ridicule us Malaysians by saying look at the world market and fuel price world wide. Please, we are Malaysians, we fought of the British, had a international port in the early centuries (Malacca), home to a racially mixed nation and WE ARE NOT STUPID!!!

We know the international rates are above the USD 130/barrel. We understand the fact that the fuel prices are increasing worldwide and we also know that major scientist are still contradicting on why this phenomenon is happening. Some blame Bush and his plunders around the world and some blame climate change and there are others which say petroleum 'wells' are getting scarce.

Again we go back to numbers to be more straight fwd 1 barrel = 159 liters x RM2.70/liter = RM 429 or USD 134.

On 1 hand, we are paying the full cost of 1 barrel of crude oil with RM2.70 per liter but on the other hand the crude oil only produces 46% of fuel.

Msia sells crude oil per barrel at USD130 buys back Fuel per barrel at USD134. And not forgetting, every barrel of fuel is produced with 2 barrels of crude oil.

1 barrel crude oil = produce 46% fuel (or half of crude oil), therefore 2 barrel crude oil = approximately 1 barrel fuel In other words, each time we sell 2 barrels of crude oil, equivalently we will buy back 1 barrel of fuel.

Financially, Malaysia sell 2 barrel crude oil @ USD 130/barrel = USD 260 = RM 858 then, Malaysia will buy back fuel @ USD 134/barrel = RM 442/barrel. Thus, Malaysia earn net extra USD 126 = RM 416 for each 2 barrel of crude sold/exported vs imported 1 barrel of fuel !!! (USD 260-134 = USD 126 = RM416)

So where this extra USD 126/barrel income is channeled to by Malaysian Govt????????


Another analysis:


1 barrel crude oil = 159 liters. 46-47% of a barrel of crude oil = fuel that we use in our vehicles. 46% of 159 = 73.14 liters. @ RM 2.70/liter x 73.14 liter = RM197.48 of fuel per barrel of crude oil.

This is only 46% of the barrel, mind you. Using RM 3.30 = USD 1, we get that a barrel of crude oil produces USD 59.84 worth of petrol fuel (46% of 1barrel). USD 59.84 of USD 130/barrel turns out to be 46% of a barrel as well.

Another 54% = bitumen, kerosene, and natural gases and so many more. And this makes a balance of USD 70.16 that has not been accounted for.

So this is where I got curious. Where is the subsidy if we are paying 46% of the price of a barrel of crude oil when the production of petrol/barrel of crude oil is still only 46%?

In actual fact, we still pay for this as they are charged in the forms of fuel surcharge by airlines and road taxes for the building of road (because they use the tar/bitumen) and many more excuse charging us but let us just leave all that out of our calculations.

As far as I know, only the politicians who live in Putrajaya and come for their Parliament meetings in Kuala Lumpur (approximately 60+ km) are the ones to gain as they claim their fuel and toll charges from the money of the RAKYAT's TAX.

It is so disappointing to see this happen time and time again to the Malaysian public, where they are deceived by the propaganda held by the politicians and the controls they have over the press.

Which stupid idiot economist equates rebates for rich or poor with the cc of the vehicles? An average office clerk may own a second hand 1300cc proton Iswara costing $7,000 (rebate = $625) while the Datuk's children can own a fleet of 10 new cars of BMW, Audi and Volvo all less than 2000cc costing $2 millions and get a total rebate of $625 x 10 = $6,250! Wow what kind of economists we are keeping in Malaysia...wonder which phD certificate that they bought from...


Misleading concept of Subsidy:

The word "subsidy" has been brandished by the BN government as if it has so generously helped the rakyat and in doing so incurred losses.

This simple example will help to explain the fallacy:

Example:
Ahmad is a fisherman. He sells a fish to you at $10 which is below the market value of $15. Let's assume that he caught the fish from the abundance of the sea at little or no cost. Ahmad claims that since the market value of the fish is $15 and he sold you the fish for $10, he had subsidised you $5 and therefore made a loss of $5.

Question : Did Ahmad actually make a profit of $10 or loss of $5 which he claimed is the subsidy?

Answer: Ahmad makes a profit of $10 which is the difference of the selling price ($10) minus the cost price ($0 since the fish was caught from the abundance of the sea). There is no subsidy as claimed by Ahmad.

The BN government claims that it is a subsidy because the oil is kept and treated as somebody else's property (you know who). By right, the oil belongs to all citizens of the country and the government is a trustee for the citizens. So as in the above simple example, the BN government cannot claim that it has subsidised the citizen!

- Some concerned citizen by email

Wednesday, June 4, 2008

PMO Website Got Hacked?


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Protest at unconscionable oil price increases

Ipoh, Perak

* Venue : Perak Office of Ministry of Domestic Trade and Consumer Affairs
at Federal Building (opposite Dewan Bandaraya Ipoh ), Green Town, Ipoh
* Date : Thursday, 5th June 2008
* Time : 11am

Kuala Lumpur

* Venue : Jalan Pasar, Pudu (indirectly opposite RHB and Am Bank)
* Date : Thursday, 5th June 2008
* Time : 11.30am