Saturday 27 June 2015

Ramadhan Rantings 2015 Part 1 of not sure how many

1. It has been a meaningful Ramadan for me so far, I hope you faithfuls have a meaningful and blessed Ramadhan too. At 54, I approach Ramadan every year as if its my last. Ramadan has always brought much meaningful spiritual happiness in me, in this holy month all tasks seems easy.......dipermudahkan Allah.

2. On Father's Day last Sunday(21.06.2015), I even cooked Beryani ala Sindhi with beef ribs for the family with the help of my wifey of course. I thot it was a good meal if I can say so myself as I had two helpings in a row (masuk bakul angkat sendirilah, orang Melayu kata) :)) 

So much for that......

3. Seems the Pakatan "Civil War" on hudud has not abated....but  naah... don't look too much into it, its just smoke screen, its a combination of wayang pek ji cina Dap and wayang kulit Pas. In public, Pas needs to dissociate themselves completely from the Dap to be sure of more Malay votes in PRU14 when the anticipated Malay Tsunami really do come and hit Umno, while the Dap which clearly needs Pas, does not want to lose their Chinese vote bank in PRU14. 

Anyway they say the test in the pudding is in the eating...lets see how the PR drama in Selangor works out, will the MB and his Pkr, Dap and Pas excos work well together? If they are doing things quietly then you knowlah, these gaduh-gaduh just a show to dupe the Malays and the Chineselah. Forget about the Pasma dudes, they are frustrated Pas people in sheep's skin, and you know what? I don't think they'll last longer than 1 month outside Pas.

My hope is the old guard in Pakatan like Guan Eng, Kit Siang, Hadi, Azizah just retire and let the young and the youthful do their thing to rejuvenate the Pakatan Parties who seemed to be devoid of any ideas for a better Malaysia for all. Can they govern with good governance? Difficult to say, but if God wills it..we will know.....

4. I do not want to say too much about the party I ever voted for in the PRUs except this:

a. Umno has lost the trust of the urban Malays. The youths speak of Umno leaders in disdain.

b. With the present group of leaders Umno will soon lose the trust of non-urban Malays' votes if not in PRU14 definitely PRU15.

c. In future Umno can only be in power with the help of BN parties in Sabah and Sarawak but that is provided that Umno can win big in the Peninsular, which seems very unlikely everyday as events in FGV unfolds (Plunging stock price and questionable land purchase from Indonesia Rajawali Group) and God knows what else comes out of the baggage bag huh. Not to mention the 1MDB debt scandal, the overpriced Genting Power Station acquisition and now the Mara oversea property debacle.

d. Wahai ahli parti keramat Umno....slogan Hidup Melayu, demi bangsa, demi agama dah tak makan lah...orang Melayu dah menyampah dengan perangai ketua-ketua kamu.

e. Umno is a party in denial, its like a rusted ship full of holes helmed by a Panglima Bugis or someone who claims that he is a Panglima going into a perfect storm in the PRU14 seas, full of huge  and rolling 1MDB, FGV, Tabung Haji waves. Can it survive to form the Government after PRU14. Could be, but not as big brother...after PRU14 we could even see the first PM outside of Umno from either Sabah or Sarawak. 

f. Don't laugh ok, politics in Malaysia is the art of the impossible. Didn't Dr. Mahathir hand picked Najib to become Prime Minister a few years back and what is Dr. Mahathir doing now?

5. If Umno does not change, I am afraid many Malays who voted for it in PRU13 will not do so any more. Hope the powers that be listens....sayang parti atau sayang individu? Tepuk dada tanya selera.

To be Continued.....Bersambung.

Wednesday 24 June 2015

Belum Menang, Jangan Bersorak Lagi

updated:

Latest reply from the Sarawak Report:

No Difference! - We Prove How The Allegations Of "Tampering" Are Lies


Original Post:

Some blogs here, here went to town about the arrest of a former PetroSaudi International namely Xavier Andre Justo who was apparently paid to leave the company:



I think the pro-Najib people should hold their horseslah, I do not think anybody or any organisation is vindicated or wrong just because this one person got caught. Most or not all of the questions on 1MDB asked by DrM still remain unanswered by Xavier's arrest ok.

Read this latest blog post, its not spin material, its very factual:





I  believe Xavier's arrest is just part of a long chain of events on 1MDB and other financial scandals which will totally break the trust that the Rakyat have on an UMNO/BN since Merdeka. 

Not unless, those few good men left in UMNO rise up and say that enough is enough..something needs to be done!


By the way saya bukan ProMahathir....saya ProMalaysia........ I am grateful for what the BN Gomen has done for Malaysia and I firmly believe we could do a lot better if the powers that be are accountable to the nation, and as a tax paying citizen I have the right to criticise and say things which I think will help create a better tomorrow for my children and their children.

'If you want to make money be a businessman, if you want to serve the nation be a civil servant, if you want to make this country a great nation be a honest politician'
Me

Tuesday 9 June 2015

1MDB issue can only be closed if it can be proven that no money dissappeared from the borrowed RM42 Billion


'I don’t think we can resolve the problem of where the 1MDB money has gone through four-eyed meetings. Najib can resolve through proving beyond reasonable doubt that no money has disappeared from the 42 billion borrowed'

'The intention of 1MDB I presume is to make money for the Government. Show how much profit the Government has made since 2009. Why do you have to borrow money to pay interest on the debts?'

'Why does 1MDB pay only 60 – 90 Ringgit for Government land which it now wants to sell at 2000 – 4000 Ringgit psf? And now the land bought by Tabung Haji has been sold to some Indonesians at a loss. The loss will be borne by the pilgrims.'

'If the members of the UMNO Supreme Council and its entire membership lack the courage of their convictions to demand that their President and Prime Minister take immediate leave and hand over the reins of leadership to his Deputy in the party and government pending the completion of Bank Negara’s investigations, then UMNO is not fit to lead the country any more'
Matthias Chang

Well surprise, surprise 1MDB has opened up at last (a bit lah finally after 12 months) and they did not even say they have to wait for the PAC or the Auditor General's Report:



The 1MDB people took so long to explain, and thot they are in the clearlah, unfortunately for them it seems like jumping out of the frying pan into a barbeque fire:

Written by Matthias Chang:

1MDB Financial Magic – More Grand Illusions
Is this the beginning of the end of UMNO?

By Matthias Chang – Future Fast-Forward

Let me say from the outset that I am not well versed in accounting and or international finance, like those personalities connected with 1MDB who have impressed the rakyat that they have such expertise as they have borrowed RM42 Billion and made huge investments overseas.

Nevertheless, as a layman applying common sense, I am much perturbed and even more anxious than before, after reading the explanation by the current President and Executive Director of 1MDB Mr. Arul Kanda on the use of the RM42 Billion loan by 1MDB.

Looking at the Table provided by 1MDB, I am sure that there are Malaysians not well versed in accounting and financial matters who may well say and conclude that the Prime Minister, the members of the Cabinet, the Board of 1MDB have finally come clean and revealed the true state of affairs of 1MDB and from the figures disclosed, there are no financial irregularities or crimes committed.

Nothing can be further from the truth. The Table of Figures is typical of experienced dishonest accountants to give financial data to suggest and direct the reader to a pre-conceived conclusion but, in actual fact shields the observer from the underlying truth.

This is also the classic modus operandi of magicians such as David Copperfield. Recently, Astro broadcasted a show whereby a masked magician exposed the tricks of magicians in creating illusions. Without exceptions, all the illusions were created by simple tricks. The magician and his entire team are involved in creating the illusion. The magician, on his own cannot, I repeat cannot on his own, create the illusion. The entire team must execute the illusion, for if and when any one member opts out and or make any mistakes in the execution of the illusion, it will be the end of the magic show and the illusion.

Let’s examine and analyse the Table of Figures provided by Arul Kanda.

Item 1 of Table - Total Cost of IPPs

RM18 billion for purchasing independent power producers 

Breakdown 

- RM8.5 billion for Powertek
- RM2.3 billion for KLPP
- RM1.2 billion for Jimah
- RM6 billion inherited debt

When anyone purchases any business, he is only willing to pay a price that reflects a fair value of the said business i.e. all the assets less all the liabilities and in some cases, an additional sum representing a premium for the “goodwill” of the said business (e.g. a brand has a special value).

Looking at the above figures, we are asked by Arul Kanda to make certain assumptions without having him to provide all the relevant details, the details of which are precisely what the Rakyat wants to know from the Prime Minister and 1MDB.

Thus, we can conclude that the price paid by 1MDB for the 3 IPPs is RM18 Billion reflecting the value of their assets before deducting liabilities of RM6 Billion.

Question 1:

If so, how did 1MDB arrive at such a high value of RM18 billion? In actual fact 1MDB is paying RM18 Billion for the IPPs!

Question 2:

Is this not an over valuation of the assets?

Question 3:

If the assumption in Question 1 is incorrect, does it mean that after deducting the liabilities of RM6 Billion, the acquisition price for the 3 IPPs is RM12 Billion (i.e. RM18 Billion less RM6 Billion)?

Question 3:

Even at this adjusted price of RM12 Billion is it a fair value for the acquisition?

Question 4:

What is more important is that we do not know from the set of figures whether the “inherited liabilities” of RM6 Billion is inherited from all the three IPPs in various proportions or whether the RM6 Billion was inherited from just one IPP or two IPPs to enable an observer to determine the fair value of the purchase price for each of the IPP. Can 1MDB justify their actions?

Question 5:

What is most puzzling is how the IPP (whether 1 or more) could have, after all the years of operations, such a humongous liability on their books amounting to RM6 Billion when it is nearing the completion of their IPP contracts?

What is the explanation?

Question 6:

The IPPs were privatised entities and what the rakyat needs to know is, Who are the creditors for this RM6 Billion shit hole? Are they local or foreign banks? The Rakyat demands to know the names of all the financial institutions exposed to this financial shit hole!

Question 7:

When 1MDB, in acquiring these IPPs assumed this huge liability, is this not a bailout of the IPPs (one or more) thereby placing on the taxpayers the ultimate responsibility for the bailout?

Question 8:

Under the terms of this liability (i.e. loan extended to one or more of these IPPs) the rakyat needs to know what were the duration of these loans and what interests have accrued and what interests are payable in the future and how this liability would be liquidated? If it has been liquidated, when? If it is still on the balance sheet, how would the cash flow of 1MDB or the IPPs to be generated to liquidate this debt?

Question 9:

It is also obvious to any layman, that the cash flow of one or more of the IPPs could not have been sufficient to finance the repayment of this RM6 Billion liability. That being so, this factor alone would be the “Alarm Bell” or the “Red Flag” that the valuations referred to above cannot be justified at all. This is scandalous.

The Board of 1MDB are made up of experienced financial figures, supervised by top officials of the Ministry of Finance (MOF) and of course under the able leadership of the Prime Minister cum Finance Minister. So, please tell us, the simple folks of Malaysia, how can 1MDB get into this Big Financial Shit Hole?

Question 10:

The rakyat demands to know whether any Minister who attended the marathon “Special Meeting” on Tuesday night asked the above questions. If not, why not? If yes, what were the answers given by the 2nd Finance Minister?

It is clear from the press conference of certain ministers that they are gloating to convey the impression that all is well and that they have delivered the so-called knock-out punch to Tun Mahathir Mohamad and other critics. Let me say here and now, it is not even a jab and even if it was, it missed the target by a mile!

The actions of 1MDB and the relevant ministers have stirred not only just one hornet’s nest, but every hornet’s nest in the country. It is going to be a season of hornets’ stings!

Item 3 of Table – Total Investment Costs

RM15.4 billion for investments funds 

Breakdown 

- RM6.1 billion in Brazen Sky 
- RM4.2 billion in Aabar Investment Deposit 
- RM5.1 billion in GIL Funds

The above three items have been classified as “investments” and the costs incurred for the said investments.

Question 11:

Is RM6.1 Billion the original “subscription” value of the investment in a Special Fund in the Cayman Islands or in some other jurisdiction? If it is the latter, where?

Question 12:

Brazen Sky being a subsidiary of 1MDB, what is the share-capital of this company? And who are the directors of this company?

Question 13:

How much of this RM6.1 Billion investments have been redeemed and if so, how much of the redeemed monies were utilised and for what specific expenditures and when were they incurred?

Question 14:

The rakyat has been informed by Arul Kanda that Brazen Sky has an account with the BSI bank in Singapore and he has blatantly and arrogantly announced that a sum of US$1.103 Billion in cash was “redeemed from the Cayman Islands” being the 2nd tranche of the “investment” in the so-called “Bridge Global Absolute Return Fund”.

The rakyat needs to know, when Arul said that he saw documents showing the transfer of cash to BSI bank, what were these documents?

The Prime Minister in March confirmed that US$1.103 Billion was so deposited in the BSI bank in Singapore. The rakyat demands to know, what was the basis for the Prime Minister to confirm that indeed cash was deposited with the bank?

The rakyat demands to know whether, the Prime Minister “amended” his March statement because of the denial by the BSI bank in Singapore that no monies were deposited with the bank in Singapore?

Question 15:

Are these documents the “redemption form” as required under the terms of the Fund? Was there either a telegraphic or wire transfer from the Fund in the Cayman Islands to BSI bank as is required by the Fund? Was there a BSI bank statement to show that US$1.103 Billion was so deposited?

Question 16:

If these are not the critical documents, what documents did Arul Kanda rely on to support his assertion that cash was deposited in the BSI bank?

Question 17:

Was this so-called US$1.103 Billion cash pledged to the consortium of banks headed by Deutsche bank to secure the US$975 million loan?

Can anyone in 1MDB or MOF state categorically the nature of the security documentation that was offered to the consortium of banks – a Pledge, a Facility Letter, a Debenture or an Assignment?

Question 18:

The Prime Minister has stated to Parliament in May that no monies were in fact deposited in the BSI bank in Singapore, but what were deposited were paper assets after the BSI bank denied monies were deposited. This was followed up in a press statement by the 2nd Finance Minister that these paper assets were “units” without explaining what are these units and their actual value.

Therefore, the rakyat demands to know, were these “units” redeemed and transferred to BSI bank in Singapore in accordance to the terms of the Fund in that the Fund has at its discretion of transferring instead of cash, title to assets (such as these “units”) in the assets of the Segregated Portfolio under their management?

Would the transfer of these “units” signify that the said Fund was illiquid and or that the units were not saleable? Have these “units” being used as security for the US$975 million loan extended by the consortium of banks, headed by the Deutsche bank?

Question 19:

Can 1MDB or Arul Kanda or the Prime Minister show to the country the documents that relate to the transfer of these “units” to the BSI bank in Singapore?

Question 20:

What is the value in US$ of RM of these “units” now deposited in the said bank?

Who authorised the transfer of these “units”?

Question 21:

Why have not these units being liquidated so that the cash generated can be used to repay existing debts without the need to borrow from the Arabs?

Question 22:

Arul Kanda said, following the press statement by the 2nd Finance Minister that there was a binding agreement between 1MDB and IPIC and Aabar Investment (the Arabs) to advance a sum of US$1 Billion to repay the outstanding sum due to the consortium of banks led by Deutsche bank, that the US$1 Billion is not a loan or a bailout. What is the nature of this transaction?

Is the US$975 million (approximately RM3.510 Billion, assuming exchange rate of RM3.6 to US$1) for the cancelling of the option given to the Arabs, part of the existing RM42 Billion?

Question 23:

What are the terms and conditions agreed between the Arabs and 1MDB for this so-called financial transaction which is not a loan or a bailout?

Question 24:

Were there any condition precedents to the disbursement of the US$1 Billion?

Question 25:

It was stated by the 2nd Finance Minister that the so-called “Units” would come under the agreement between the Arabs and 1MDB. Can the Prime Minister, the 2nd Finance Minister and 1MDB explain the nature of this future transaction – are the “units” to be sold to the Arabs or used as a security?

Question 26:

With regard to the deposit with Aabar, what are the terms and conditions regarding this “deposit”?
What are the terms and conditions for the redemption of this RM4.2 Billion deposit? Is this deposit an interest bearing deposit and if so, who would be entitled to the interests accrued on the deposit? If it not an interest bearing deposit, why is it sitting in some bank generating nothing to 1MDB?

Question 27:

Pending the redemption of the deposit, can Aabar used the deposit in anyway such as to re-hypothecate the deposit to finance Aabar’s financial activities and or used as a security for Aabar’s liabilities?

Question 28:

Under what circumstances can Aabar forfeit this deposit, if such a right to forfeit is given under the “Deposit Agreement” or any other agreement?

Question 29:

With regard to the RM5.1 Billion in the GIL Fund, what is the nature of this investment? Is this a direct investment by 1MDB or an investment through one of its subsidiaries?

Question 30:

What are the terms and conditions governing this investment? Is it similar or totally different from that of the investment in the Bridge Global Absolute Return Fund in the Cayman Islands?

Question 31:

What is the current status of this investment and its residual value (if any)?

Question 32:

What are the terms and conditions for the redemption of this investment in the said Fund?

Question 33:

Who authorised all the above three investments? Is it the Prime Minister himself?

Question 34:

Was Bank Negara’s approval obtained for these investments? 

Tan Sri Zeti, the Governor of Bank Negara said recently, that any resident entity, including 1MDB, that makes investments abroad or obtains offshore borrowings under Section 214 of the Financial Services Act 2013 and under the Exchange Control Act 1953 that was in force prior to 2013, must get Bank Negara’s approval. 

Additionally, all investments that exceed RM50 million per calendar year and any offshore borrowings that exceed RM100 million by resident entities require the central bank’s approval. 

Question 35: 

That being the case, the rakyat demands to know whether 1MDB or its subsidiaries have complied fully with all the requirements for approval by Bank Negara? Given the public pronouncement by the Prime Minister himself that US$1.103 Billion was parked in Singapore to avoid adhering to Bank Negara’s requirements as to any remittance made by Brazen Sky, can Bank Negara tell the rakyat whether the action of 1MDB as well as the Prime Minister have contravened any statutory legislations as well as any foreign statutory legislations? 

Question 36: 

If there are contraventions by 1MDB and the Prime Minister, what action can be taken against them and what penalties can be imposed on them?

Question 37: 

Tan Sri Zeti has announced that Bank Negara Malaysia (BNM) has launched a formal inquiry on the debt-ridden strategic investor 1Malaysia Development Bhd (1MDB) for any contravention of the central bank’s rules and legislation. She also said that, 

In accordance with the legislation administered by BNM, there are three developments that will trigger formal investigations -- when monies for which approvals are given are not used for the purpose indicated in the submission; when incorrect or false information is provided in the submission; and failure to comply with the conditions in the approval. 

Given that there are on-going investigations by Bank Negara, there must be prima facie evidence of such non-compliance as without which no investigations can commenced. 

Given the seriousness of the nature of the investigations, that on conviction a fine of up to RM50 million or up to 10 years in prison or both can be imposed, does the Governor intend to recommend, that pending the completion of the investigation, the members of the Board of 1MDB should be suspended and that the Prime Minister take immediate leave to ensure that there would be no political interference of the said Bank Negara’s investigations? 

Question 38: 

Given this financial scandal, which is now a subject matter of Bank Negara’s criminal investigations and it has now become a systemic threat to the entire economy of Malaysia, will Parliament move a motion for a special debate on this catastrophe created by the Prime Minister and aided and abetted by the morons in the Cabinet and in the UMNO Supreme Council? 

Question 39: 

In similar situations at the corporate, government agency, or NGO levels when such a scandalous situation has arisen are not the accused persons suspended pending the completion of the investigations? 

If we need a precedent and there are many e.g. the entire Sime Darby Board resigned save for the thick skinned Chairman following allegations of financial misconduct to ensure transparency and accountability, should not the same be demanded of 1MDB and the Prime Minister? 

Therefore, the RM Trillion question that the rakyat is asking is, Should not the Prime Minister cum Finance Minister and the Chairman of the Advisory Board of 1MDB take leave and hand the reins of the government temporarily to his Deputy so that the financial fiasco posed by 1MDB would not destroy the credit standing and integrity of Malaysia? 

Item 4 of Table – Financial Expenditure 

RM5.8 billion for financial expenditure 

Breakdown 

- RM4.5 billion for cost of finance and working capital 
- RM0.9 billion for foreign exchange cost 
- RM0.4 billion for taxes 

Question 40: 

How can RM4.5 Billion be the operating costs at the HQ (i.e. 1MDB Level) alone when its subsidiaries have their own operating costs? The Table of Figures given by Arul Kanda with regard to Financial Expenditure refers only to the holding company (1MDB Level). And it is just an investment holding company with minimum operations unlike their acquired subsidiaries such as the IPPs which are full fledge on-going businesses. 

Question 41: 

No explanations have been given as to the huge foreign exchange loss. 

Were these exposures hedged to minimise such potential losses which have now occurred as would be the usual prudent way to conduct the business? 

Item 2 of Table – Total Land Cost

RM1.7 billion for purchasing land 

Breakdown 

- RM0.2 billion for Tun Razak Exchange land 
- RM0.4 billion for Bandar Malaysia land 
- RM1.1 billion for Air Itam Penang land

Question 42:

Why was such preferential rate given to 1MDB to purchase the Tun Razak Exchange and Bandar Malaysia lands?

Question 43:

Tabung Haji is a 100% Muslim / Bumiputera Pilgrimage Fund to aid pilgrims to fulfil their Holy duty to perform the Haj.

Why was Tabung Haji not given the same preferential treatment when, what it acquired was just a small fraction of the Tun Razak Exchange land?

Why was the asking price from Tabung Haji almost equal to the total purchase price paid by 1MDB for the entire Tun Razak Exchange land?

What was the rational for 1MDB to make such a huge windfall from Tabung Haji whose sole objective is to manage the funds of Muslims to assist them to perform their pilgrimage to Mecca?

Question 44:

Given that the two pieces of lands, namely the Tun Razak Exchange and Bandar Malaysia would be monetised (i.e. sold to pay off the huge RM42 Billion loan), there would be nothing left for the rakyat as 1MDB would not be able to realise its original objectives as a sovereign fund, using these lands to generate profits for the country.

Given that 1MDB is also required to provide massive infrastructural support for the entire development, where and how 1MDB can fund this additional burden?

Can 1MDB assure the rakyat that after the sell down of the two property assets, the proceeds of the sale would be sufficient to pay off the RM42 Billion loan?

Question 45:

RM1.1 Billion was used to purchase the Penang land which is presently occupied by a huge number of families (whether they are squatters or tenants).

What would be the ultimate costs to obtain vacant possession in order to proceed with development?

Therefore, would 1MDB agree that the total cost for the purchase would exceed RM1.1 Billion?

In the event, there are difficulties in obtaining vacant possession, what would be the holding costs for the purchase, as prior to the said purchase, the Vendor could not obtain vacant possession to develop the said land?

Was there an assumption by 1MDB that the State Pakatan Rakyat government (the Opposition controlled government) would in fact assist 1MDB in getting vacant possession for the development of the land, when such an issue is a hot political potato?

Conclusion

The Prime Minister and his morons in the Cabinet (not all are with him) have waited till now to publish the Table of Figures in an attempt to deliver the knock-out punch against Tun Mahathir Mohamad and other critics and at the same time hoodwinking the rakyat, but their efforts have backfired!

They have now created a bigger hole from which they cannot come out.

What is more devastating to this bunch of scoundrels is that they have by their actions exposed themselves to a criminal investigation by Bank Negara and if and when convicted of the crimes would be punished with a hefty fine of RM50 million or a term of imprisonment not exceeding ten years or both!

The fact that there is now an on-going criminal investigation into 1MDB is a shame on the integrity of the BN government, UMNO and the leadership of the Prime Minister.

As the Finance Minister, he was so stupid and arrogant to declare that he would by-pass Bank Negara when he ordered the redemption of the investment in Cayman Islands to be deposited in the BSI bank in Singapore.

The Prime Minister in defiance of Bank Negara admitted to contravening the provisions of the Financial Services Act 2013 and under the Exchange Control Act 1953 that was in force prior to 2013.

If, the pack of scoundrels were to subvert the investigations by Bank Negara, our country would be a laughing stock.

If the members of the UMNO Supreme Council and its entire membership lack the courage of their convictions to demand that their President and Prime Minister take immediate leave and hand over the reins of leadership to his Deputy in the party and government pending the completion of Bank Negara’s investigations, then UMNO is not fit to lead the country any more.

This grave omission would be perceived by not only Malaysians but other countries as well that UMNO and its entire leadership has condone the blatant financial rape of our country in contravening Malaysian laws!


As the UMNO elites go round and round with the 1MDB issue, I think the fed up Malays who many would like to think are a disjointed un-united lot are slowly but surely deciding either not to vote Umno at all or to vote a resurgent Pas who has thrown out all the Dap and Anwar sympathisers from within the party. 

A Pas without the Dap breathing down their neck would be a formidable political foe against Umno anytime.

I think if Umno keep Najib and Najib keeps doing what he does with 1MDB unfettered, then they are responsible for their down fall in PRU14. You guys have been warned.

Monday 8 June 2015

Stop the 'Lazy Malay' name calling and just bring back the PPSMI!

'Then after Dr Mahathir, it(PPSMI) was switched back again to an all Malay system. That was the nail in the coffin. The Malay language does not yet have the capacity to be the language of science. It is also not yet a fully "modern" language in that it does not have the vocabulary or the 'language history' to express complex ideas or modern ideas as efficiently. Compared to say Chinese, Japanese etc.'

'There is no word for psychology in Tamil, Malay or Urdu. That is why in Pakistan and India, the language of science is still English.  Imagine if India dumps English and reverts to Hindi, Tamil etc. Will they be able to produce as many scientists and computer programmers? I dont think so'
Tuan Syed OTSB

Recently Zaid Ibrahim wrote a really superb article which awakened many Malaysians and I hope many Malays too lah. who could read in English:


This was followed up by another outstanding post which should shake up many more Malays by blogger Tuan Syed of OSTB fame:


As Tuan Syed has a habit of archiving his posts after a few days, I have taken the liberty to copy paste parts of his comments here:

My(OTSB) comments :  I disagree with some points.  Here are some notes from the CIA World Fact Book about Malaysia:

Population : Malay 50.1%, Chinese 22.6%, indigenous 11.8%, Indian 6.7%, other 0.7%, non-citizens 8.2% (2010 est.)

Religions : Muslim (official) 61.3%, Buddhist 19.8%, Christian 9.2%, Hindu 6.3%, Confucianism, Taoism, other traditional Chinese religions 1.3%, other 0.4%, none 0.8%, unspecified 1% (2010 est.)



The Malay / bumiputra Muslims make up 61% of the population. Non Malays make up the balance ie 37%.  Just the Malays alone are 50.1% of the population.  The bumiputras also include non Muslim Ibans in Sarawak and non Muslim Kadazan-Dusuns in Sabah. 

Economically the non bumiputras namely the Chinese and to some extent the Indians hold a large chunk of the economy. Most importantly (for the economic health of the country)  the non bumiputra economy is more market oriented. It is independent of subsidies, licensing, APs etc. It has to compete, it is therefore much healthier and contributes to the health of the economy.

The Malay and bumiputra economy is still independent of market forces. It does not compete much. Hence this is an inherently unhealthy economy that cannot sustain itself in the near term or the long term. This has a bearing on what Zaid has said. 

There will be a dichotomy. The Muslim economy will lag behind (as it does in all Islamic countries).  The non Muslim economy will stay afloat and prosper well. 

As an example I believe the Chinese per capita GDP will eventually become multiple times the per capita GDP of the Muslims.  And it cannot be stopped. There are some reasons for this. There was some hope that the Muslim economy - during the time of Dr Mahathir as PM - had a chance of behaving normally, along with the rest of the world.  The education system had just been switched back to PPSMI.

Then after Dr Mahathir, it was switched back again to an all Malay system. That was the nail in the coffin.  The Malay language does not yet have the capacity to be the language of science. It is also not yet a fully "modern" language in that it does not have the vocabulary or the 'language history' to express complex ideas or modern ideas as efficiently. Compared to say Chinese, Japanese etc.

The Chinese in Malaysia are now the beneficiaries of a fantastic explosion in science, technology and modern thinking in the Chinese language oming out of China.  Discussion in knowledge subjects is very robust in China. All Chinese speakers all over the world benefit from this, including Malaysian Chinese of course.

China is about to become the largest economy on earth  because of their absorption of knowledge. Surely Chinese all over the world will also be lifted by this tide. A Chinese aircon technician  simply searched YouTube (in Chinese I think) to see how a window unit is hung outside apartment windows 15 floors off the ground.

The Malays (AND THE MUSLIMS ALL OVER THE WORLD) do not have access to such modern and science based thinking in their respective languages. 

Not just Arabic but Urdu (Pakistan), Pushtun etc cannot yet convey complex ideas and modern thinking in large enough quantities.

Just imagine a hypothetical situation where someone says that the rituals that you perform did not exist in reality. They were created along the way by some village fellows. 

Now how should you reaact?  

3-5-6 is one way. 3-5-6 is 3 years jail, RM5000 fine and 6 strokes of the rotan. 

Or you can kill the people who suggest this. ISIS style or Saudi Arabian Wahhabi style.

These are not  modern methods. These are very backward methods of "not arriving at the truth". 

You will never arrive at the truth. Or defend the truth even if you have already found it.

The modern method is to ask for proof, to show proof, to be able to demonstrate your proof. That is the modern method.  

And when people show you their proofs for their side of the argument, then you should be able to listen intelligently, answer their questions intelligently and prove your case intelligently. The key word is 'intelligently'.

Did you know that according to the Quran, being unintelligent is one of the traits of satan? Here it is :

Surah 4:76  "..feeble indeed is the cunning of Satan" ("..inna kayda al shaytani kaana daeefan).

Satan thinks he is cunning but satan is actually 'daeef' (Malay also 'daif') or stupid. 

Ergo, putting it another way, being consistently stupid (and thinking you are clever) is indeed satanic.  
 
So how do you know (I am talking directly to you dear reader) that you are cunning, stupid, intelligent, not intelligent, satanic or otherwise? The same applies to me and everyone.  How will you know?  

The answer : You must be able to engage in intelligent conversation. Without getting excited. Without getting angry. 

Without 3-5-6 or 'I kill you' (ISIS style).

How can you say, "if you disagree with me about some belief system then  I will jail you, fine you or rotan you?'  Or worse 'I will kill you'?

Is that what you call intelligent? And you think you are very cunning as well?

Surah 4:76  "..feeble indeed is the cunning of Satan" ("..inna kayda al shaytani kaana daeefan).


Well the purpose of this walkabout is to tell you that the Chinese people, the Japanese, Koreans, Singaporeans etc have adopted a very Islamic method of gaining knowledge - they engage in intelligent discussion. They have adopted the Quranic method.  Intelligent discussion is a very, very modern concept. That is why they are progressing.


The Muslims unfortunately do not have as much easy access to intelligent discussion. Hence they are doomed.

It becomes worse if the languages spoken by the Muslims around the world have not expanded their capacity to express complex ideas and modern scientific thinking. 

There is no word for psychology in Tamil, Malay or Urdu. That is why in Pakistan and India, the language of science is still English.  Imagine if India dumps English and reverts to Hindi, Tamil etc. Will they be able to produce as many scientists and computer programmers? I dont think so.

And all over the world, English is the super highway to knowledge. It has surpassed German, French, Chinese etc. And it is getting even more  stronger.  

At a time when English is getting stronger, we have decided to dump English for Malay (and lagi bodoh, for Arabic).

All this is only possible in Malaysia when there are little avenues to dicuss things intelligently.   So the Muslims remain poor. The non Muslims particularly the Chinese and also the Indians, who have better access to knowledge-languages (Chinese, English) will be economically better off. 

Then we have had two Prime Ministers after Dr Mahathir who did not know a hole in the ground from a hole in their heads.  For 12 years and still counting, since 2003, our country has suffered the worst leadership crisis in the world. 

And since the Malays are so dependent on the government (whereas the Chinese and Indians are not, well not as much) they have also suffered from the weak leadership. Hence the Malay or Muslim economy has suffered.

And the worse fate of course has befallen those Malays and Muslims who support the PAS. For 20 years or more Kelantan has been ruled by the PAS. That State is so backward, economically and socially that the people have become numb. They are so numb that they do not even know they are backward.

There is absolutely no way you can have any kind of conversation with them anymore,  let alone an intelligent conversation.  The sad thing is they are not even close to Islam. 

So the point where I diverge from Zaid is that the non Malays will be better off just by their own. A point will come where they will be fully independent of the Muslim political power. Once the oil revenues dry up (they will) the Muslim political power will become subservient to economic power again.

We thought that Felda's owning hundreds of thousands of acres of land will be strategically good for the Malays but even there they are making losses....... (truncated)

(truncated).......I have to rest my case here. This is getting beyond belief.    

I do not want to comment too much on the many things written by Tuan Syed and Zaid Ibrahim, both have their points. Some I don't agree.

I do agree that the Government really need to recall the PPSMI, the Malays need to be forced to learn English, this is one of the best way for them to learn English and unlock the mountains of technological knowledge expanding at quantum speed throughout the world.

Terminating the PPSMI was one of the major disasters wrought on our nation by the Najib Cabinet besides repealing the ISA, EO etc. 

Recalling the PPSMI is the Islamic way to make Malay Muslims competitive and not object of ridicule by others.