Justice For All Malaysia

Is this for Real?

Posted on: August 11, 2008

During his dictatorship, a “no” usually meant a “yes” and vice-versa.

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Dr M will not contest against Anwar in vote
Aug 10, 08 11:25am
Former premier Dr Mahathir Mohamad has denied speculation he will run against his arch-foe, opposition leader Anwar Ibrahim, in a by-election expected to return Anwar to parliament.

MCPX

Anwar was Mahathir’s deputy and heir apparent until 1998 when he was sacked and jailed on sodomy and corruption charges widely seen as retribution for challenging his one-time mentor.

anwar ibrahim and mahathir argue fightMahathir, who has also had a serious falling out with his successor, Prime Minister Abdullah Ahmad Badawi, said the ruling party has no one who can beat Anwar in the Aug 26 by-election.

“At the moment I do not see anyone who can give Anwar a run for his money,” Mahathir said, according to the New Straits Times newspaper.

‘I’m not coming back’

But Mahatir said he would not challenge Anwar for the seat vacated by Anwar’s wife after he was charged with sodomy once again last week.

“No way, I have resigned in 2003 and I have said that I’m not coming back,” he said, according to the state Bernama news agency.

Despite the new allegations that he sodomised a young male aide – a serious offence in Malaysia that carries a penalty of 20 years imprisonment – Anwar has said he is still on track to seize power.

Landmark general elections in March handed the opposition an unprecedented one-third of parliamentary seats, and Anwar would need just 30 lawmakers from the ranks of the ruling coalition to switch sides.

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Must Attend Program

Please go to this link: https://justice4allkuantan.wordpress.com/2008/10/25/invitation-public-forum-the-isa-and-the-police-reform-process-whats-next-after-pak-lah/
To sin by silence when we should protest makes cowards of people - Emily Cox

Siphoning EPF money

On 'Why should Valuecap borrow from EPF?' Syed Shahir Syed Mohamud: MTUC condemns the government's move to bail out Valuecap to support the local stock market using RM5 billion from EPF, as the provident fund is the custodian of the workers' money and not some sort of ‘automated teller machine' for the government.
If at all the EPF were to lend its money to the government, it has to be under the condition that there be transparency and accountability in the activities for which the money has been purposed. We want to know who is doing what with the money that belongs to the workers. This is the hard-earned money of the workers, their retirement plan. How is this bailout plan going to benefit the workers? We also question the reason for this bailout. If the economic fundamentals in Malaysia are strong and reserves sufficient as has been stated several times by the government, then why is there a need to offer so much money to the GLCs? Second Finance Minister Nor Mohamed Yakcop should prove how the EPF would profit from this loan. Bernama had reported that Nor had given the assurance that the loan given out by EPF would reap profits for the fund judging from Valuecap's past performance. But where is the paperwork and calculations to show that this move will benefit the EPF? MTUC is concerned that the loan might be mismanaged or misused and this, in turn, would affect the returns for the contributors. Mere assurances are not enough. We want to proof that this RM5 billion will not go down the drain. (The writer is president, MTUC). Sharyn: The government wants to use our pension money to prop up the Malaysian stock market which is the playing field of the rich people. If so, the government must ensure that the EPF account holders - who are predominantly the poor to average citizens of Malaysia - be guaranteed all of our pension money with a compound 8% growth (interest). It's so selfish and sick of the government to use the poor's pension money to help the rich to make more money with all the risks taken by the poor/average citizen. We can better use the RM% billion loans to Valuecap for our children's education, shelter, medical bills etc. Why not get those rich people to prop up the share market instead? Why should they park their money overseas and gamble with our EPF money instead? Kumar14: Who is behind this Valuecap organisation? Why suddenly, this separate entity is allowed to access funds from the EPF? Are they capable enough to handle it or is it just another desperate and blind move? It has been a very infamous trend where the people's funds are channeled to a company for investment purposes and suddenly POP! the funds disappear and there is nobody to be held responsible but a RM2 shell company. Charge who? Sue whom? The RM2 company (just a registered name)? We have seen this many times. People in power and with connections allow such things to go through and reap/rob the people's wealth and then blame it on organisations which actually don't exist. What if a lot of EPF funds are looted via such scams and nobody is to be pointed at? Where will the government get the funds to replenish the EPF? The people are very bored, disappointed, angry and frustrated at seeing all these dumb and unaccounted for measures being allowed by the government with lame excuses. Please, somebody verify the true purpose, integrity and capability of anybody attempting to use the people's fund.

Raja Petra

Photobucket Ihsan dari blog Go!Malaysian http://gomalaysian.blogspot.com/

ANWAR IBRAHIM

A prosperous future is indivisible from a firm commitment to the principles of distributive justice, the rule of law and a profound respect for human rights.

Email Address:

justice4allmsia@yahoo.com

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