Thursday, March 15, 2012

Suu Kyi Appears on Telly

A still image taken from footage of Aung San Suu Kyi on state -owned television on March 14, 2012. Reuters pic.

Hello, Najib! Even the supposedly despotic Myanmar government is giving Aung San Suu Kyi an opportunity to make a campaign speech to the public on state-owned television. But in supposedly democratic Malaysia, you go all out to muzzle the opposition! Shame on you, Najib! Now, I wonder, who is the despot?

From Singapore’s The Straits Times, news have emerged that Singapore’s Rochester Mall has turfed out its planned anchor tenant Farmhouse Supermarkets as the store, linked to the Shahrizat family, was unable to get its operations ready in time. The supermarket was to occupy the entire second floor, spanning more than 25,000 sq ft, which PKR had claimed that rental alone for the venture would have cost RM2.2 million a month.

The DAP had already poured fuel into the fire when they accused NFCorp directors of cashing out RM12 million from the federal loan by channelling it through one of their Singapore companies, i.e. Global Biofuture Pte Ltd that was set up in December 2008. This information was obtained based on the latest audited accounts from the Singapore Accounting and Corporate Regulatory Authority (ACRA) dated December 31, 2010.

We know who the NFCorp directors are. No prizes for guessing the identity of the directors of Global Biofuture. They are Mohamad Salleh, Shahrizat’s husband, and two of their children, Wan Shahinur Izran and Wan Izzana Fatimah Zabedah. Another son, Wan Shahinur Izmir Mohamad Salleh, is a shareholder of the company. Yup, folks, it’s all in the family!

In drawing the link between Global Biofuture and the NFC, DAP’s Tony Pua noted that the former was among a number of companies run by Shahrizat’s family that sourced its funds from the RM250 million NFC loan.

Pua said the transfer of money to the respective directors was a clear case of criminal breach of trust and misappropriation of public funds meant for specific purposes, which must be investigated thoroughly by the police and the Malaysian Anti-Corruption Commission.

The litany of wrongdoings seems to just go on and on. I am only waiting for the authorities to throw the book at the whole family!

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