ALL THE CORUPTED LAWMAKERS

written by Wudan, September 16, 2009 01:47:21

Projek ini di jangkakan akan menjana pendapatan kasar berjumlah RM350 juta setahun apabila -beroperasi sepenuhnya kelak.
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Chan Kong Choy wrote to Pak Lah on 11 October 2005. Nine days later, on 25 October 2005, Pak Lah ‘Setuju Dengan Cadangan’.

Then on 30 November 2005, A Supplementary Agreement(ADW 1) was executed between PKA and KDSB for the Additional Development Works encompassing junction improvements, construction of an electrical infrastructure and construction of a business class hotel. The total payment from PKA is estimated to be RM677.1 million (including professional fees, variation order and interest accrued on works done). Payments from PKA will be on a deferred payment basis, amounting to RM150.0 million per annum from 2007 to 2009; RM120.0 million in 2010 and the last payment in 2011 comprising of interest accrued on balance payable to KDSB at 5.0% per annum, professional fees and any variation order, all of which will be assigned to Valid Ventures Berhad under an absolute legal assignment; the assignment of which forms a security to the bondholders and CP/MTN holders.
The ADW 1 was signed under common seal and authenticated by the General Manager and Manager (General Services).

On 26 April 2006, ADW 2, a supplementary agreement to ADW 1, was signed under common seal and authenticated by General Manager and Assistant General Manager (Administration) to revise the interest rate from 5% pa to 7.5% pa.

Chan Kong Choy then issued the second letter of Support dated 8 December 2005 to allow Valid Ventures Bhd to issue RM510.0 million fixed-rate serial bonds and up to RM85.0 million Commercials Paper/Medium Term Notes Programme.

When PKA unable to meet the first scheduled payment due to KDSB on 30 June 2007, PKA entered into an agreement with the Government for a soft loan of RM 4.632 billion. But first the Perdana Menteri/Menteri Kewangan 1 have to write a memorandum to its Jemaah Menteri on 22 Jun 2007 to ratify all the four ‘Letter of Support’ and the overall cost of RM4,632,732,000.00

Either Pak Lah kena kelentong dengan Chan Kong Choy or tidur masa ‘Buat Kerja’.

written by Liberian, September 16, 2009 03:35:46

If the present BN government charge all lawmakers, then there won't be a cabinet,BN MPs and 90% of UMNO members will be jailed. Not only that maybe half of Pakatan MPs from turncoats of UMNO will also be jailed. So do Diam, Samy Velu, Tun Ling and the list go on.

written by Semut Jantan, September 16, 2009 04:06:09

Anjing protects musang;
Musang jaga anjing;
Anjing supervises musang;
Musang reports to anjing;
Anjing and musang eat from the same pot;
Musang and anjing drink from the same river.

You go figure out. Malaysia of the bodoh land memang boleh.

written by uxzee, September 16, 2009 10:59:50

Project ini dijangkakan akan menjanai pendapatan kasar berjumlah Rm 350 juta setahun apabila beroperasi sepenuhnya kelak
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With just a sweet statement like this, sleepy Pak Lah representing UMNO and BN, happily signed off the rakyats trust and money to his BN cronies.

At the rate things are going, the culprits will get away scott free from this.

I pray the Almighty dispense justice to all the culprits in this world itself infront of our very eyes.

written by KotaDamansara73, September 16, 2009 20:25:54

The first one that should be arrested here is our beloved UMNO leader, Tun Daim Zainuddin. Our number one malaysia conman that would even make Bernie Madoff blush.

written by KotaDamansara73, September 16, 2009 20:29:34

michael Chick,

How is UMNO going to arrest themselves? Can you imagine Najib or Mahathir says, "Please arrest me, I am the corrupted one". That would be the joke of the century.

written by Sarawak Headhunter, September 16, 2009 21:50:58

Daim Zainuddin is the biggest crook and traitor of all time as far as Malaysia is concerned and should be called Malaysian Public Enemy No 1. He has personally siphoned off at least RM100 Billion from BMF, UMBC, Fleet Group, Pan-El, Bank Bumiputra, Cold Storage, Peremba, UDA, Landmarks, MMC, Renong, PLUS, Time Engineering, HICOM, Proton, Saujana, MAS, EPF, etc, etc. When a new government takes over, he should be the first person to be arrested and made to bring back all his ill-gotten gains to Malaysia. Lee Kuan Yew would have arrested him for the Pan-El scandal if he had dared set foot in Singapore at the time, but instead he sent his sacrificial goat Tan Koon Swan to go to prison on his behalf.