Justice For All Malaysia

Gerakan vs Umno

Posted on: September 9, 2008

Tuesday September 9, 2008 MYT 3:48:37 PM Star Online

Penang Barisan Youth chief quits (updated)

By DERRICK VINESH

BUTTERWORTH: Citing unhappiness with recent political developments in Penang, Huan Cheng Guan has quit as Penang Barisan Nasional Youth chief with immediate effect.

The state Gerakan Youth Chief, who sent his resignation letter via SMS to Barisan leaders and the media at about 12.30pm on Tuesday, said he had also conveyed his decision to Barisan Youth chief Datuk Seri Hishamuddin Tun Hussein.

“Under present circumstances, it is not appropriate for me to hold the post,” he said in the SMS.

He was referring to the press conference at Menara Umno in George Town on Monday, when supporters of Bukit Bendera Umno division chief Datuk Ahmad Ismail tore up a poster of former Penang chief minister and Gerakan acting president Tan Sri Dr Koh Tsu Koon.

Dr Koh had later announced that Penang Gerakan had severed all ties with Penang Umno following the attacks on him.

Huan, 47, who is also Barisan Nasional Backbenchers Club (BBC) executive secretary, is currently in Taiwan, accompanying 41 other MPs on a week-long study trip.

When contacted later, Huan said he stood by his decision to quit.

“It is impossible for me to carry on as the state Barisan Youth chief. How can you tolerate someone tearing up the photograph of your (party) president?

“There is a limit. This is not common practice in Malaysian politics,” said an angry Huan.

He said he felt the current feud between Gerakan and Penang Umno could not be easily resolved.

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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.

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justice4allmsia@yahoo.com

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