We help companies understand how politics and other subjective variables are shaping the business environment in Malaysia as well as the inter-linkages between Malaysia and the people of the region. Such variables may be difficult to quantify, but nevertheless can have a critical impact on investment performance and therefore have to be factored into the decision-making process, which is the function of our services.

Tuesday, August 30, 2016

No smoking gun needed:Tengku Adnan’s shocker to Najib




How the Prevention of Corruption Act catch up  Federal Territories Minister the Prevention of Corruption Act which makes any civil servant criminally liable if his act leads to pecuniary benefit to anyone and which is deemed to be not in ‘public interest’. here we, as a country, are going through a phase of our development where political rivalries and one upmanship, media trials, moral vigilantism and judicial overreach have combined to create a situation of deep distrust of everybody. So every decision of a public servant can be questioned on grounds of public interest by people who, with honourable exceptions, lack the experience of ever holding such positions themselves so as to really appreciate the situation that a civil servant faces from his or her first day in office. sting left behind by the Malaysian Anti-Corruption Commission (MACC) with these arrests was unbearable for Tengku Adnan Tengku Mansor beg Najib to appoint him as  Federal Territories Minister
DBKL is a gold mine for many senior staff. Many heads of departments who were in the approvals process for development projects retired very rich.Tengku Adnan Mansor, who is Federal Territories Minister, unabashedly took to making a public 'plea bargain' for the DBKL officer arrested for malfeasance. dilemma is familiar to those who win elections: A promise that restores you, can always return to haunt you Just what is the minister up to, trying to wheedle support for a civil servant alleged to have taken bribes and violated the office he was entrusted to?Even 'good' civil servants can succumb to corruption read this Sack Umno, sec-gen Tengku Adnan who continues undermining Umno, and Najib

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The law is clear: nobody should be deprived of his personal liberty without the due process of law. Once the investigating agency files its complaint or charge sheet in the court after conducting an investigation and the court takes cognisance and issues process, it is the court that is ‘in-charge’.
The agency can  arrest a person, media trial may look tempting in the short term. But ultimately, the scales of justice will balance out and truth will prevail — who was not arrested during investigation — without obtaining prior permission of the court. 

According to Federal Territories Minister Tengku Adnan Tengku Mansor, one of the senior officers arrested was a "good officer". He was reportedly promoted twice in one year.
mega corruption in DBKL

MACC's Abu

 Federal Territories Minister Tengku Adnan Tengku Mansor  does not even know about a culture of corruption right under his nose, that can't say very much about his competence, even if he is clean himself.
The kickbacks in DBKL have been common knowledge for years. Is the mayor suggesting he's so stupid he didn't know what was going on under his nose?this mess didn't start yesterday. MACC should go back years and years. Investigate those who had retired also. They might be living off ill-gotten gains.make hundreds of thousands a month illegally, . There is no way anyone can stop the corruption unless there is a change of Federal Territories Minister Tengku Adnan Tengku Mansor,MACC should continue to weed out all these scumbags who plunder the country's coffers. Show them no mercy. Splash their names and titles openly on the newspapers and social media.When big wigs like ministers or mayors are charged, then only will I believe the BN government is serious about corruption. When will we see this?

 also read thisSo Tengku Adnan is dragging his boss Najib in condoning his corrruptions

As MACC executes more arrests, the question to ask is how many of these “good officers” are there in KL City Hall?

The new Malaysian Anti-Corruption Commission (MACC) Chief Commissioner, Dzulkifli Ahmad, was worried corruption could become accepted as a norm which the country could ill afford. but  Ku Nan,  urged the Malaysian Anti-Corruption Commission (MACC) to conduct a full and fair investigation.The DBKL officer was among three senior officers detained on Monday for allegedly committing graft, abuse of power and money laundering  During the raid, MACC officers also seized huge amounts of cash hidden in the ceiling of one of the suspects’ house.

 the main factor driving the growing corruption is greed among those vested with power and position. The motivation for them to get involved in corruption is to acquire property and money, so MACC will ensure whatever acquisitions made illegally will be frozen, seized by and forfeited to the government, as well as bringing the guilty to court,” 


Federal Territories Minister Tengku Adnan Tengku Mansor, the open tender is about transparency. Everybody sees what is happening. Decisions must be justified and can be challenged.
While it is the aim to get the lowest bid, one need not go with the lowest bid if one can show good reasons; and past bad performance is a good reason.Government and businesses vet bidders for this reason. Direct negotiations do not work well in Malaysia, if you are not in a selected group.

  also read this Ku Nan: MACC…why you pulled down my pants in times of dishonesty


Monday, August 29, 2016

Finance Minister2 Johari said “Is Us versus Them syndrome.”

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Avoid Strategic adventurism: taken together, we need cool heads on all sides to prevail not to limits the appeal and scope for expansion:do not make it like entering the field of politics with one hand tied behind my back.  Minister Johari Abdul Ghani is unwilling to accept even a loose conceptual formulation.  It can easily attract charges of bias and revisionism given that historical events can hardly be judged by today’s moral standards.This is why I find the investigation into goverment s historical assets a bit disconcerting. The exercise could come across as a political witch hunt defeating the very purpose of the transitional justice exercise instead of indulging in blame game. For Najib this could be the opportunity to reinvent itself, acknowledge past mistakes, and reconnect with Malaysians

 In the brutal assault against goverment severe provocation from opposition  routinely underestimates the cost of risk incurred to liberate the economy from the shackles of inherited, institutional constraints; bridge the “us versus them” chasm and squeeze out the fat in government Actually, this misconception often prevents us from identifying a situation the financial backstop  failed Adventurism:  
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Najib's transformation was achieved by deliberate, visionary steps taken to restructure the government  for growth and efficiency. Application of these principles, across all sectors,
The clutch of reforms planned. We need to overhaul the relevant institutional mechanism.It is not fair to ask the government to come up with money when it mediates between two parties, one that is not getting paid, Second Finance Minister Johari Abdul Ghani said today."Is it fair that everytime the government tries to mediate, it means the government guarantees (payment)?"This is public money, this is your money, my money. We are taxpayers, we have to protect this country,"

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 But it is also important to transparently cost our contingent liabilities and share these with citizens. We do not do this very well. As a result, even government managers lose sight of these because the eventual cost of adopting the business-as-usual approach is hidden. Similarly, the opportunity cost of indifferent asset management is largely ignored within government. Accrual accounting helps generate such future costs.
Najib's transformation was achieved by deliberate, visionary steps taken to restructure the government  for growth and efficiency. Application of these principles, across all sectors,
First, systematically bridging the chasm between government systems and private sector processes can help. Yes, private business works for profit whilst government works in public interest. But both work in the same economic environment. There is little reason then, for such a wide chasm in systems and processes.debt issuance nationally is via the private placement route, which precludes thriving trading on public platforms. The result is a lacklustre corporate bond market, complete with far too much reliance on bank funding even for long-gestation projects. This must change.bottom line is that without smooth implementation of the Bankruptcy Code on the ground and speedy redeployment of stressed assets,
One such chasm is the system of accounts used by the two. Government follows the cash based accounting system. The formal private sector uses accrual based accounting. In a cash system, the focus is on cash-in and cash-out. But the cost of future liabilities and potential receipts foregone tend to be overlooked. Government can afford to do this. It can print money or just raise taxes to bridge the deficit. But like in a Ponzy scheme, fiscal unsustainability catches up and eventually ends the party, although at huge economic cost. Government already disciplines itself with strict constrains on public deficits. We should not relax this constraint.
the real risk is borne by a publicly owned General Insurance Company and indirectly by the government. It is the same with public sector banks whose losses from massive bad loans in the past, are now being borne by the government. Government must be more transparent whilst accepting risk. Accrual accounting unearths the data required for factoring in the risk of failure.
Stepping out of the “confining glow” of government and becoming a public limited corporation, even if it is 100 percent owned by the government,


Sunday, August 28, 2016

Cockeyed Tengku Adnan his eyewash split opens up a Pandora’s box

Tengku Adnan Mansor cronicle corruption wounds must treated before gangrene could set in. the political fallout. But that alibi has been used and cannot be recycled.

Tengku Adnan Mansor, who is Federal Territories Minister, unabashedly took to making a public 'plea bargain' for the DBKL officer arrested for malfeasance. dilemma is familiar to those who win elections: A promise that restores you, can always return to haunt you

That, however, did not stop Tengku Adnan from singing praises of the DBKL officer, saying he was a “good officer”, so much so he had been promoted twice in a year and that he was dedicated to his job and was a good decision-maker.

Just what is the minister up to, trying to wheedle support for a civil servant alleged to have taken bribes and violated the office he was entrusted to?
Even 'good' civil servants can succumb to corruption read this Sack Umno, sec-gen Tengku Adnan who continues undermining Umno, and Najib

What is a minister up to, trying to wheedle support for a civil servant alleged to have taken bribes and violated the office he was entrusted with?

The country’s graft watchdog MACC is out to weed corruption from the civil service and its recent arrests of top government officials for graft is merely a tip of the iceberg.

Still, the sting left behind by the Malaysian Anti-Corruption Commission (MACC) with these arrests was unbearable for ruling party Umno, so much so that its secretary-general wasted no time in coming to the defence of one of the suspects.

Tengku Adnan Mansor, who is Federal Territories Minister, unabashedly took to making a public 'plea bargain' for the DBKL officer arrested for malfeasance.

On Aug 8, the MACC arrested three top ranking civil servants, including a 'Datuk Seri' and a 'Datuk', for allegedly committing graft, abuse of power and money-laundering.

The suspects comprised a senior Kuala Lumpur City Hall officer while another was from the Malacca Public Works Department and Kelantan Tenaga Nasional Bhd.

The trio owned luxury cars besides having between RM400,000 and RM13 million in assets, including savings accounts and unit trusts worth between RM1 million and RM6 million.

That, however, did not stop Tengku Adnan from singing praises of the DBKL officer, saying he was a “good officer”, so much so he had been promoted twice in a year and that he was dedicated to his job and was a good decision-maker.

Just what is the minister up to, trying to wheedle support for a civil servant alleged to have taken bribes and violated the office he was entrusted to?

It speaks poorly of Tengku Adnan as he threw caution to the wind and showed no qualm flexing his power and authority by rushing to defend the officer - hoping somehow it would do the trick of hoodwinking the public into believing that the DBKL officer was a victim of jealousy.But then, how does being a "good officer" exclude one from becoming corrupt?

With such incredulous wealth enjoyed by public servants now coming under the public glare, comes too the heat facing Umno, a party' whose ignominy with corruption and money laundering has left Malaysians disgusted.also read this So Tengku Adnan is dragging his boss Najib in condoning his corrruptions
The MACC on Aug 16 arrested a senior DBKL official with the "datuk seri" title who is believed to own 31 luxury condominium units worth RM15.5 million which he purported received for collaborating with housing developers.


MACC senior officer puzzled by minister's remarks on graft arrest ...


' decisive word in Najib “historic blunder” blunder was akin to Lenin telling Kerensky he had no time for the Kremlin, but pointing out that he be consulted each time Kerensky wanted to name a provisional governor.  creation of a Corruption  template

aftershocks trembled through the media dust storm over Tengku Adnan  multi-billion projec awarded through direct negotiations No wonder our country is in dire straits due to mismanagement at all levels because appointments are due to patronage, and not according to capability and integrity. any Agatha Christie-Poirot page-turner, answer a simple question. Who got the money? cockeyed Tengku Adnan,  heavy flirting  a process disguised  If you want a way out of the complex labyrinths of , ask the same question.Rizalman said he disagreed with calls for the mayor's resignation as he was not involved and may not have been aware of the alleged housing graft.the minister is more startling fact is that 

the way, how does owning luxury cars and enjoying millions in savings account or unit trust point to one being made a fall guy?

“As far as I know, the officer is a good officer, committed to his job and attentive. He moved up from Grade 54 to Special Grade C, and he is currently Special Grade B because he is good and has potential.

“However, that is him at the workplace... what he does apart from his job, I do not know,” Tengku Adnan told the New Straits Times.

The minister is hoping everyone will allow MACC to investigate and “get to the bottom of the matter” and that he wanted a full and fair investigation into the officer.

The issue of corruption is age old and tells the same story of a Malaysia not inclined to ward off graft.

While it raises the rakyat's eyebrows to see a civil servant, a politician or a minister living beyond their means, it has stopped creating shock waves given the subtlety that behind such show of opulence lies graft.

Hence, instead of the obtrude, Tengku Adnan could fare better and lead the way in how a “good man" behaves i.e. by being accountable and responsible – in this case by declaring his assets.

That Umno politicians especially fight tooth and nail to avoid making a public declaration of their wealth further supports the theory that all is not well that meets the eye.

Furthermore, Tengku Adnan’s refusal to reflect remorse and disappointment with ignoble practices like corruption which malign the civil service speaks volumes.

MACC under the leadership of its new chief commissioner Dzulkifli Ahmad has vowed to weed out corruption and abuse of power by civil servants, - a move long overdue.

The anti-graft agency's new found zeal in spite, it remains to be seen just how much pressure Dzulkifli is willing to endure from both Umno and Putrajaya in sparing the so-called good guys who come with an insatiable appetite for graft.

 That inimitable advisory board member Rizalman Mokhtar  an unforgivable sin in his moral code: methodical.the strange pitfalls of national systems still controlled by those who live by the line of some archaic rule book.Kuala Lumpur City Hall (DBKL) advisory board member. Aristotle’s law on prose is compelling: everything has a beginning, a middle and an end.  advisory board member Rizalman Mokhtar is rearranging his brain cells to deal with the difficult middle of a column in the  corruption business has obscured the most obvious of questions. Who got the money? 


Saturday, August 27, 2016

The truth is Transport Minister more stupid than Spad chief Syed Hamid Albar and the idiocratic cabinet

The truth is Transport Minister
 Image result for spad malaysia chairman
 Image result for Uber driver allegedly tries to molest female
The result is a series of incidents involving “ridesharing” passengers being harmed and criminal offenders behind the wheel:


Taxi drivers in the Klang Valley have warned there would be “more surprises” in store as part of their protest against ride-hailing applications.Several taxi groups said more protests would be held until the government outlaw GrabCar and Uber.

Association for the Transformation of Malaysian Taxi Drivers (Persim) deputy chairman Kamarudin Mohd Hussain said they will not give up until a just decision was reached.

“Drivers are taking to the streets as we are sick and tired of waiting for the authorities to regulate these ride-hailing applications,” he said.

Comprehensive List of Uber Incidents and Assaults | Who's Driving You?

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“There will definitely be more (protests) to come and it will come as a surprise.”
Kamarudin said nearly all taxi drivers were willing to give up their taxis if the government announced taxi drivers would be allowed to drive their private vehicles to ferry passengers.

“We will give up our taxis only if the authorities decide to prioritise us in giving us permits to transport passengers using our own vehicles.”

Uber cab driver allegedly molests female passenger in Delhi ...

https://www.youtube.com/watch?v=WqS3yCGBbbM
Jun 2, 2015 - Uploaded by ANI News
Uber cab driver allegedly molests female passenger in Delhi, ... in the case said that the driver tried to ...
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Uber in spotlight again as woman accuses driver of molestation | 

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Uber Driver In Mumbai Arrested After Molesting Foreign National


He said banning Uber and GrabCar indefinitely would solve the problem plaguing the industry.

On Friday, about 500 taxi drivers staged a strike, blocking major roads surrounding KLCC, KL Sentral and Istana Budaya. Some taxi drivers also parked their vehicles near the Lembaga Tabung Haji headquarters in Jalan Tun Razak, blocking at least two lanes in the process.

They were furious about the RM1 ride promotion by GrabCar. The week-long promotion, which started on Thursday and ends on Wednesday, allows GrabCar passengers to travel for RM1 for the first 5km.

The protest comes ten days after 100 taxi drivers staged a protest in Jalan Bukit Bintang over the same issue.

Federal Territory and Selangor Taxi Operators Association president Datuk Aslah Abdullah said protesting was the right way for cabbies to show their disappointment and anger towards the authorities and ride-hailing applications.

“They are left with no other choice but to stage another strike in hopes of getting the authorities to respond quickly,” he said.

Aslah declined to provide details on future strikes.

“We have been working together with Land Public Transport Commission (SPAD) since 2010, and six years on, nothing has changed,” he said.

“They would not listen to us and that has led to growing animosity among taxi drivers towards SPAD.

“To make matters worse, Uber and GrabCar are taking all our customers away and we had highlighted this to the authorities,” he said.

Putrajaya and Selangor Taxi Drivers Association president Saari Omar hopes SPAD will come up with a quick solution to their woes.

“Drivers are protesting to open the eyes of the authorities as we want the matter solved soon.

“They have been making us wait and there has been no concrete action.

Transport Minister Datuk Seri Liow Tiong Lai called on taxi drivers in the country to be patient and not resort to strikes and protests.

“We have heard you and understand your plight. We acknowledge the playing field is not level as far as taxis service is concerned.

“All over the world there are issues surrounding the services by Uber and Grabcar,” Liow said.

“Trust the government to come up with a solution which will be fair to all parties. We are in discussion with the relevant parties, including SPAD, and we will make a decision soon,” he said.


A capitalist’s fling with socialism  a growing economy is changing us as a nation and a society.
A basic guaranteed monthly payout to all citizens. It is what many socialists might dream of. And now staunch capitalists like Y Combinator’s Sam Altman are experimenting with it. Why? Read on.
Sal Altman heads Y Combinator in Silicon Valley, among the top startup accelerators in the world. (To know more about it read my
story http://economictimes.indiatimes.com/small-biz/startups/the-y-combinator-touch-how-this-silicon-valley-incubator-is-helping-indian-entrepreneurs/articleshow/53788619.cms).
Altman is trying a brave new experiment. In Oakland, near the Silicon Valley in the US, in a novel project to be rolled out soon, Y Combinator will give $1000-2000 a month to 100 families from diverse ethnic and socio-economic background with no strings attached. It is a pilot to see how and if people’s lives change when they don’t have to worry about their bread and butter. “I’ve been intrigued by the idea for a while, and although there’s been a lot of discussion, there’s fairly little data about how it would work,” he said in his blog https://blog.ycombinator.com/basic-income. This is only a pilot to fine tune the methodology for a bigger study. Y Combinator plans to scale it up to include more people in more cities in the US for five years.
Waltman isn’t alone. The concept is being talked about and explored at many other places. In early June, Switzerland sought a referendum from its citizens on a proposal that would pay an unconditional 2500 Swiss francs for all adults and 625 Swiss francs for each child. Interestingly, the proposal was shot down by nearly 77% of the voters.

Basic income is an old idea first mooted by political activist Thomas Paine in the 18th century.
It is also an idea that has been experimented with at many places. In the 1970s, Canadian rural town Dauphin experimented with this under the program called Mincome that was jointly funded by the federal and provincial government. Current Canadian prime minister Justin Trudeau’s father Pierre Trudeau was at the helm then. It was shut down with the change of government in Canada. That project is now being revived.
In May this year, the ruling Liberal Party passed a resolution in favour of guaranteed basic income. The program proposes a minimum guaranteed income that all households will get regardless of their income or status and it will replace all other benefit programs that the government runs like old age security, employment insurance. The government of Ontario in Canada is planning to undertake a pilot.
Far away in Africa, in May this year not-for-profit GiveDirectly announced that it has teamed up with the MIT to launch a trial for a basic income program in Kenya. The pilots will be run in multiple villages where all households will get a regular income to meet their most basic needs for over 10 years. The study is estimated to cost $30 million.
Finland and the Netherlands too are separately planning pilot projects. The basic income’s appeal in the Nordic countries is understandable. The Nordic capitalism pursues social democracy which is a combination of free market capitalism backed with a comprehensive welfare state. Similarly, a not-for-profit’s ambition to tackle poverty in Africa too is understandable.
But why would Silicon Valley, which is capitalism at its best and the worst, think about it. Altman’s blog offers some clues: “I think it’s good to start studying this early. I’m fairly confident that at some point in the future, as technology continues to eliminate traditional jobs and massive new wealth gets created, we’re going to see some version of this at a national scale.” In an increasingly digital world where automation and robots are taking away jobs the fear is future economic growth may not create enough jobs and even wages may not keep pace. And inequality may continue to get worse. In democratic countries, this may have serious political fallouts. The rise and appeal of Donald Trump in this US presidential election can at least partly be credited to this factor.
Understandably, Silicon Valley’s successful millionaires are worried about the side effects of tech revolution. Altman’s Oakland pilot on basic income should be seen through this lens.

It was only within the past few years that Uber took the world by storm by innovatively linking passenger and independent driver. Its disruptive model ran into a buzzsaw of opposition from cab drivers in Paris, London and even Arlington, Virginia.
. In the five years since it was launched, Uber has expanded into 351 cities in 64 countries, employing over 1.5 million drivers. Its self-employment model has allowed hundreds of thousands of people, including many immigrants from developing countries, to increase their incomes, remit money home, attend school by working part time and embarking on their own entrepreneurial ventures.
However, under market pressure to reduce operational costs and increase profits, Uber – like hundreds of other companies – has turned to labour-saving technologies. It acquired a company designing self-driving tractor trailers and plans to develop software to power driverless cars in collaboration with major auto makers. The first phase of this plan came with the announced launch of a driverless car service in Pittsburgh. Uber will still continue to recruit drivers of course, but the Pittsburgh initiative will bring the company in line with hundreds of others – involved in everything from electronics and manufacturing to mining – in which silent, undemanding robots are taking over core jobs from human workers.

It was only within the past few years that Uber took the world by storm by innovatively linking passenger and independent driver. Its disruptive model ran into a buzzsaw of opposition from cab drivers in Paris, London and even Arlington, Virginia.
But the opposition is history. In the five years since it was launched, Uber has expanded into 351 cities in 64 countries, employing over 1.5 million drivers. Its self-employment model has allowed hundreds of thousands of people, including many immigrants from developing countries, to increase their incomes, remit money home, attend school by working part time and embarking on their own entrepreneurial ventures.
However, under market pressure to reduce operational costs and increase profits, Uber – like hundreds of other companies – has turned to labour-saving technologies. It acquired a company designing self-driving tractor trailers and plans to develop software to power driverless cars in collaboration with major auto makers. The first phase of this plan came with the announced launch of a driverless car service in Pittsburgh. Uber will still continue to recruit drivers of course, but the Pittsburgh initiative will bring the company in line with hundreds of others – involved in everything from electronics and manufacturing to mining – in which silent, undemanding robots are taking over core jobs from human workers.

What Uber’s move this month shows is that the decision by companies to switch to industrial robotics and additive manufacturing (better known as ‘3-D printing’) isn’t necessarily because of any shortage of workers, but because such technologies deliver enormous savings and quality products. In the West more and more workers, unless they are highly skilled, are left jobless.