28 February 2015

Kabinet Najib pun tahu yang 1MDB tu mengarut...

Kabinet tidak lulus pinjaman RM3 bilion untuk 1MDB...

Kabinet menolak cadangan suntikan RM3 bilion tunai bagi 1Malaysia Development Bhd (1MDB) yang sarat dengan hutang, menyempitkan lagi pilihan pembiayaan bagi pelabur strategik itu untuk membayar balik hutang pada masanya.

The Malaysian Insider difahamkan, majoriti menteri semasa mesyuarat mingguan Kabinet pada Rabu lalu tidak meluluskan minit mesyuarat minggu sebelumnya yang menyatakan jumlah dicadangkan itu.

"Kabinet menolak cadangan menyuntik RM3 bilion tunai untuk 1MDB," sumber memberitahu The Malaysian Insider di Kuala Lumpur malam tadi.

Sumber lain turut mengesahkan keputusan Kabinet itu, yang dilihat sebagai satu tamparan hebat kepada syarikat milik penuh kerajaan itu yang ditubuhkan pada 2009 bagi membuat pelaburan dalam sektor ekonomi utama di bawah pemerintahan Perdana Menteri Datuk Seri Najib Razak.

"Pilihan makin sempit untuk Kementerian Kewangan kerana 1MDB tidak boleh mengumpul dananya sendiri sekarang. Ia pada dasarnya memerlukan wang daripada satu-satunya pemegang sahamnya, iaitu kerajaan," kata sumber lain.

Najib, yang juga menteri kewangan, mengetuai lembaga penasihat 1MDB, yang setakat ini menceburi dalam dua pembangunan hartanah yang besar di Kuala Lumpur dan memiliki 15 loji tenaga dan air di rantau Asia.

Berita buruk buat 1MDB

Keputusan Kabinet itu merupakan satu lagi berita buruk bagi 1MDB, beberapa hari selepas agensi berita Bloomberg melaporkan bon syarikat itu diniagakan seperti sampah ketika pelabur tiada maklumat jelas berhubung rancangan syarikat itu menutup perniagaannya dan menjual asetnya.

1MDB berkata minggu lalu ia tidak akan menjalankan sebarang pelaburan baru selepas ia membentuk entiti yang berasingan bagi projek hartanah dan memperoleh pulangan tunai daripada penjualan perniagaan tenaganya.

Ia membayar balik hutang RM2 bilion pada 13 Februari dengan pinjaman daripada hartawan Malaysia T Ananda Krishnan tetapi itu tidak menyelesaikan masalah bagi firma itu, yang mempunyai jumlah hutang melebihi RM42 bilion, khidmat hutang tahunan sebanyak RM2.31 bilion dan juga aliran tunai negatif RM2.25 bilion pada tahun kewangan berakhir 31 Mac, 2014.

Sumber memberitahu The Edge Financial Daily awal minggu ini, Kementerian Kewangan menyedari masalah aliran tunai dihadapi 1MDB dan tahu ia mungkin tiada pilihan selain untuk campur tangan dengan suntikan RM3 bilion itu.

Tetapi untuk itu terjadi, kelulusan perlu diberikan Kabinet, memandangkan jumlah wang besar yang terlibat dan semua kontroversi sekitar 1MDB.

Bil perbendaharaan

Putrajaya pada 11 dan 12 Februari memperoleh RM2.1 bilion melalui dua terbitan bil perbendaharaan yang menurut peniaga pasaran wang merupakan jumlah yang luar biasa besarnya.

Sumber memberitahu The Edge Financial Daily, Kementerian Kewangan mungkin sedang menyediakan wang itu sekiranya ia perlu membantu 1MDB.

Suntikan tunai itu perlu dilakukan sebelum tahun kewangan berakhir 1MDB yang akan datang iaitu 31 Mac, 2015 - hanya lima minggu lagi.

Walaupun ramai yang menyuarakan kebimbangan, pegawai di Kementerian Kewangan sentiasa menegaskan 1MDB dalam keadaan baik daripada segi kewangannya dan kerajaan hanya perlu memberi RM1 juta sebagai modal permulaan kerana ia cukup kuat untuk membuat pinjaman bagi membiayai dirinya sendiri.

Presiden baru 1MDB Arul Kanda Kandasamy, dalam satu kenyataan akhbar pada 18 Februari berhubung kajian strategiknya berkata, 1MDB akan berhenti membuat pinjaman mulai sekarang.

Hutang yang besar

Sumber berkata, hakikatnya ialah 1MDB kini tidak lagi boleh membuat pinjaman di pasaran - baik melalui pinjaman bank mahu pun terbitan bon.

"Saiz hutangnya sebanyak RM42 bilion, aliran tunai negatif besar yang dialaminya dalam tempoh 2 tahun lepas, dan kesukaran yang dihadapinya untuk membayar pinjaman RM2 bilion itu menjadikannya mustahil bagi mana-mana bank memberinya pinjaman," kata seorang pegawai bank.

"Pelabur bon juga akan menjauhkan diri daripada sebarang hutang baru yang mahu dikeluarkannya."

1MDB baru-baru ini membatalkan bon Islamik RM8.4 bilion yang dirancangnya bagi mengumpul wang tunai untuk membiayai projek tenaga 3B.

Pihak bank mengatakan ia dibatalkan kerana sambutan yang tidak menggalakkan.

Sumber berkata bank juga mengambil maklum hakikat yang 1MDB menghadapi kesukaran meneruskan rancangan mengapung aset tenaganya bagi meningkatkan tunai. – tmi

1MDB - Kabinet tolak Najib cadang suntik RM 3 bilion.

A Cabinet Snub For 1MDB...

A big thanks and kudos to the Cabinet if indeed it had rejected a request by 1Malaysia Development Berhad for an RM3-billion financing from the government.

Reports by online media said it had rejected the proposal at its weekly meeting on Wednesday by not approving the minutes of the previous week's meeting on the subject.

The Malaysian Insider news portal quoted sources as saying that the Cabinet rejected the proposed RM3-billion cash injection.

It quoted other unidentified sources as saying the rejection was a blow to the wholly-owned government strategic investment company.

I am yet to receive response to two SMS messages I sent to a minister and press secretary to a senior minister seeking confirmation on the Cabinet decision.

If the online media reports are true, the Cabinet action could be seen as signalling that the Prime Minister (Datuk Seri) Mohd Najib Abdul Razak no longer holds sway, at least not on the issue of 1MDB.

This is a huge setback for him. I would not, at this point, speculate that there is an emerging revolt against his leadership.

1MDB is his creation. He is the chairman of its advisory board. The company is owned by Finance Ministry and Mohd Najib is also its minister.

This could add further burden on the already beleaguered Prime Minister. Only weeks ago he gloated in a special TV3 interview about the soundness of 1MDB’s investment.

In a separate development, the chairman of Public Accounts Committee (PAC) of the Parliament, (Datuk) Nur Jazlan Mohamed, has called upon the Auditor General's Department to carry out an immediate audit of 1MDB.

He was reported as saying that audit should be made to determine the source of the RM2-billion 1MDB used to settle loans with the local banks (Maybank and RHB Capital), its proposed plan to borrow RM3-billion from the Treasury, its dealings with PetroSaudi International (PSI) and whether the money it parked in Cayman Islands has been brought home.

Meanwhile, Mohd Najib Razak is reported to be taking legal action against PAS party organ Harakahdaily over a report that linked his stepson, Riza Abdul Aziz, to 1MDB.

The Utusan Online reported that a letter of demand was handed over to Harakahdaily's managing editor Dr Rosli Yaakub yesterday. Mohd Najib was quoted as saying that he was suing to protect his family.- A Kadir Jasin

Anwar Hopeful, UMNO Fearful...

Anwar Ibrahim and his family are hopeful. They have petitioned the King for clemency.

The King is the fountainhead of justice. He must be free from petty considerations. Such as being reminded that Anwar is not pro King and Monarchy. UMNO leaders in the past have also run down the monarchy.

The UMNO people are fearful. They fear that the King may grant clemency to Anwar. So they have come out with some horrific warnings. A pardon would open the floodgates to many other petitions for pardon.

But the granting of pardon is the prerogative of the King. It’s a privilege enjoyed only by the King and at state level, by the Kings of those states. Saying it’s the prerogative of the King means the King is the reservoir of mercy.

The idea that a King is the reservoir of mercy directs the King to consider all relevant considerations to actually grant mercy. The King must consider all the reasons to grant mercy against the reasons for not granting. It also means the King need not consider the verdict of the Courts. He is independent of them. The possibility of the King actually granting mercy casts fears deep in the minds of those people who hate Anwar.

But those people pressing for the refusal for pardon are actually saying to the King- don’t mess with the conviction by the court. They are actually saying the King has no power to alter the decision of the courts. I think this is a serious challenge to the prerogatives of the King. These are attacks on the privileges provided for by our constitution to the King.

Let the King decide what is best. By submitting the appeal, Anwar and his family are accepting that his chances of getting a pardon are 50/50. He and the family are also taking risks- if he fails to secure it, it will not be opened for him to say the king is unjust. That would be politically suicidal.

Some people like to show they are more pious and god fearing than others. It is a badge of pomposity and even arrogance. They then start judging others with reference to their own personalised moral standards. They intercede on God’s behalf. We have so many behaving like omniscient moral busybodies.

But probably more people ignore these moral busybodies. The contention of so many people is, Anwar’s punishers have managed to convince only the 5 sitting judges. That is in the legal court. In the court of public opinion, the verdict is seen as flawed because to them, there are many reasonable doubts.

The UMNO leaders know this. They must break the spirits of the juries in the court of public opinion. That is why, UMNO is not angry that its counsel, Shafee Abdullah is going around doing a roadshow. The government takes us as fools if they say UMNO is not behind the roadshows.

They need a win in the court of public opinion because now, the people will judge them. Judgement by the people to UMNO, which forms the government is far more important than the judgement of 5 robed men in the Palace of Justice.

As to the moral pontiffs, they go around the country, damning Anwar and insisting that he must be punished for the crime for which he has been convicted. And because they intercede on God’s behalf, they precede the Agong by insisting Anwar should not be pardoned. We don’t know how the King will decide. Or when he will decide.

Anwar’s takes a risk of his plea for mercy being rejected. That indicates Anwar is ready to accept closure on his case- at least until he hopes a new government comes into power. If the plea is rejected, Anwar will remain a guest at Sungai Buloh Hilton for the duration of his sentence.

Oh- Anwar cannot petition the King because Anwar dislikes the monarchy. It does not matter if Anwar is liked by the monarchs or he on his part likes or dislikes the Monarchy. We know he has crossed swords with some of them during the course of his career. 

The King as current leader of the Malaysian Monarchs cannot be infected with these subjective feelings. The King is an institution which is impersonal, unmoved by petty considerations. He is the fountainhead of justice. He is positioned thus in our Constitution.

It’s beyond admission of guilt now. You and I may think that way- his plea  is an admission of guilt. As Zaid Ibrahim and others say- this is incorrect thinking and it’s not straight thinking. We are punch-drunk. The government has hit our heads so many times.

Anwar and family believed they have been wronged despite the verdict and is now petitioning the Agong based on the belief he has been wronged. The family has listed down various reasons to support the belief.

The other side are saying that Anwar has done a most heinous of crime such that granting clemency to it, would open the floodgates to every sodomite, fornicator, and paedophiliac lunatics scrambling to gain royal pardon. You can almost feel a blood lust in their insistence.

Well, to these self-appointed omnipotent moral pontiffs- I shall say Anwar isn’t any tom dick and harry. He has become author to this cause celebre for the singular fact that his name is Awnar Ibrahim, de factor leader of PKR, leader of the opposition, former deputy president of UMNO and former deputy minister. It’s because his name is Anwar Ibrahim.

Anwar’s latest action, executed through members of his family has succeeded in eliciting some of the most comical of responses. One person said that if he were the Raja, he will not grant clemency. No one is stopping this chap to declare himself raja- Raja Kapoor, Raja Kelawar or Raja Lekok- the choice is his.

The UMNO man who lost in Batu Pahat shows to all of us especially to UMNO members, why he got on the toes of the Ruler of Johore. The chap said- Arguing that a “sodomite” seeking a royal pardon would set a bad precedent, especially if he is indeed pardoned, Puad added, “After this, every rapist and sodomite will also apply for a pardon.” See his remarks here.

He is preceding the Agong himself. The teaspoon acts bigger than the ladle. The Agong has not even commanded the presence of a pardons board, this chap has issued edicts. Now we know why, the Johore Palace wanted him to be replaced as MP for Batu Pahat.

The man from Tanjung Karang Selangor is his usual combative self-describing Anwar as bacul. That’s equivalent to a spineless coward in English. I am not going to associate this move as an out of the box thinking by Anwar in prison- he is more concerned about his back pains and mosquitoes. 

Rather, this move is the result of intense introspection by members of his family to which Anwar despite telling me a month ago, that he doesn’t care, has finally gave in to the persuasions of family members. He would like to enjoy his time as grandfather to his grandchildren.

It’s a straightforward move to secure clemency and pardon from the Agong as the fountainhead of justice. The basis of support from the others outside his immediate family circle, is to insist and maintain Anwar Ibrahim is a prisoner of conscience and that his second round of prosecution, as in the first one- was politically motivated. - Mohd.Ariff Sabri bin Hj. Abdul Aziz@sakmongkol ak47

Masih ada sekolah tak berdinding...



Sekolah tiada dinding. Buat dinding sekarang mahal. Hampir RM 1200 sebelah... lebih baik buat rambut.. Menteri Pelajaran tak pernah ambik tahu kah perkara ini. 
Najib baru buat sibuk... Baca sini...


cheers.

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