KOMO QIEDOI

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BEAT GENERATION??? ONE DOLLAR PER MAGAZINE??? NO GST.......

i will send this airpalne to BANG BANG STATE--SABAH.......

1MDB IN VERY CRITICAL CONDITION.............TERRIBLY ALARMING...................

Sarawak Report

13 mins · 

Tony Pua Media Statement on Ahmad Husni's Mistaken Impression of US$1.1 billion - ‪#‎1MDB‬

Second Finance Minister Dato’ Seri Ahmad Husni Hanadzlah’s excuse that the mistake over “cash” or “assets” in 1MDB’s BSI Bank Singapore’s bank account is due to “wrong impression” is lame, unbelievable and inexcusable

Dato’ Seri Najib Razak finally confirmed what Malaysians feared earlier this week that there isn’t any cash redeemed from the Caymans investment. Instead, whatever held in BSI Bank is only in the form of “assets”.

The Second Finance Minister, Dato’ Seri Ahmad Husni Hanadzlah further explained yesterday that the error was due to a mistaken “impression”.

“There’s a mistake… mistake in the sense that, the impression (given by 1MDB) when they said they have redeemed (the funds) and saved (them) in the Singapore bank (Singapore BSI).... so the impression is that there’s cash, (but) actually that is a saving,” Ahmad Husni said told reporters at the Dewan Rakyat yesterday.

“That (the redemption) is (in) unit... that’s what it is… in unit, and then, that is being backed sovereign wealth funds,” Ahmad Husni said.

The “mistake” by 1MDB and/or Ministry of Finance (MoF) due to a wrong “impression” is not only lame and inexcusable, it is unbelievable and inexcusable. How can anyone one given the responsibility of managing US$1.1 billion (RM4 billion) in a bank account make such an audacious error of mistaking assets for cash?

Who is to blame for such a massive mistake? Is it the MoF which misunderstood 1MDB, or was it 1MDB which provided MoF with the wrong information?

In fact, we can’t even be sure if Dato’ Seri Ahmad Husni understood what exactly is deposited the BSI Bank, now that he is describing the assets as “in unit”. After all he has been giving various misleading information in Parliament over the 1MDB scandal even in the last sitting, particularly over the role of CIMB Bank in the sale of 1MDB’s energy assets.

More critically, the various press statements by the President and Executive Director of 1MDB, Arul Kanda specifically confirmed that the money was kept in cash in Singapore, with the specific purpose to repay the interest for 1MDB’s US Dollar denominated bonds.

Arul Kanda in an interview with the Singapore Business Times published on 7 February, announced that “as we have US$6.5 billion (RM23.06 billion) in bonds out there, in which interest payments come up to nearly US$400 million (RM1.4 billion) a year.”

The 1MDB President specifically stated, “the cash is in our accounts and in US dollars. I can assure you (about that)... I have seen the statements.”

Hence what statements did he actually see? Did he also succumb to a mistaken “impression” of the US$1.1 billion in the bank statement too? After all, Arul Kanda boasted that 1MDB made a profit of US$488 million which were included in the “cash” of US$1.1 billion above.

The repeated patterns of half-truths, misleading statements and outright lies over the 1MDB fiasco have resulted in a complete distrust for the discredited Barisan Nasional Ministers and 1MDB senior executives. The only way for them to regain any semblance of credibility is to publish the actual BSI Bank statement reflecting these “units” of “assets” that are allegedly worth US$1.103 billion.

Surely the Ministers of Finance can demand the statement from 1MDB and make available the information to the Malaysian public? Or would they rather hide the information because the statements will reflect worthless “units” of “assets”?

The sheer dishonesty, the scale of the cover up and the magnitude of incompetence certainly justified the Deputy Prime Minister Tan Sri Muhyiddin Yassin’s call for the entire Board of Directors of 1MDB to be sacked.

However, that’s not enough. We have 2 Finance Ministers and 2 Deputy Finance Minister, all four of whom have been utterly incompetent and clueless over the entire RM42 billion scandal. If they are not able to even provide Malaysians with simple accurate information as to whether the US$1.1 billion is in “cash” or “assets”, or what exactly these “unit” of “assets” are, then their heads should roll too.

Tony Pua

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股票市场进入大危机

FinanceMore: China Hong Kong Asian Markets Hang Seng 

CHAOS IN HONG KONG: Another billionaire's fortune is being wiped out right now

• DAVID SCUTT, BUSINESS INSIDER AUSTRALIA
 

• MAY 21, 2015, 1:36 AM
• 40,227
 
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Goldin PropertiesPan Sutong.

On Wednesday we brought you the story of Hanergy Thin Solar, formerly the world's largest solar-energy company, and its majority owner, Li Hejun, now the former richest man in China.

Having seen the value of the company soar in recent months, it all came crashing down Wednesday with shares in the company dropping by 47%. It lost Hejun, in paper form at least, about $15 billion.

You'd think a loss of the magnitude wouldn't be repeated anytime soon.

And you'd be wrong.

Earlier Thursday, shares in Goldin Property Holdings Limited, a Hong Kong-listed subsidiary of Goldin Group, collapsed, dropping a whopping 60% upon the resumption of trade. As recently as Wednesday, shares in the company traded as high as $HK29.50. At the lows Friday, $HK9.52, that equates to a net decline of 67.7%.

Goldin Financial Holdings Limited, also a subsidiary of Goldin Group, has also seen its value drop by 67% from Wednesday's highs to Thursday's lows.

Strangely, no announcement has been made by either company, and both continue to trade.

Read more: http://www.businessinsider.com.au/chaos-in-hong-kong-another-billionaires-fortune-is-being-wiped-out-right-now-2015-5#ixzz3aqtvxCLf

Read more: http://www.businessinsider.com.au/chaos-in-hong-kong-another-billionaires-fortune-is-being-wiped-out-right-now-2015-5#ixzz3aqtlp9qA

鹿鼎记 第34集 韓棟版

WITH GUN CAN TRAVEL SABAH (THE BANG BANG STATE)?

'Large ransom' demanded by Sandakan kidnap gunmen: Sabah police

PUBLISHED ON MAY 17, 2015 2:49 PM

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Gunmen believed to be holding two Malaysians, who were kidnapped from the Ocean King seafood restaurant (pictured) just outside Sandakan town in Sabah, have contacted the victims' families with demands for a "large" ransom, said police. 

KOTA KINABALU   - Gunmen believed to be holding two Malaysians kidnapped from a restaurant in Sabah have contacted the victims' families with demands for a "large" ransom, said police in the eastern Malaysian state.

The sum demanded by the gunmen was "large", said Sabah Police Commissioner Datuk Jalaluddin Abdul Rahman, according to a report published by The Star online on Sunday. It said Jalaluddin declined to state the amount.

He said the victims, restaurant manager Thien Nyuk Fun, 50, and electrical consultant Bernard Then Ted Fen, 39, were allowed to speak to with their family members.

The two were abducted from the seaside Ocean King seafood restaurant, some 3km from Sandakan town, on Thursday by gunmen suspected to be linked to Philippines' Abu Sayyaf militants.

- See more at: http://www.straitstimes.com/news/asia/south-east-asia/story/large-ransom-demanded-sandakan-kidnap-gunmen-sabah-police-20150517#sthash.2a6lKQ2f.dpuf

注意，老千修车员

請大家要小心！南北大道 Nilai 有四个印度修車員他们是老千，我的車水拒 engine 皮帶断了，他要 RM350 好就给他修，修好了他説要 RM1500 ，他们很兇一定要给，我説不夠錢，他们三个拉我去銀行拿錢 ，另外一个人在我車等..請大家小心.

中国股市等爆破－－灾难到了

据《中国经济周刊》4月28日报导，英大证券首席经济学家李大霄，此前频频提示当下中国 股市的风险，他认为，泡沫破裂的迹象非常明显。首先，新开户数是166万户，已经接近2007年〝5．30〞（5月30日股票大跌）前后的178万户的峰 值。第二，现在借钱炒股的融资余额有人民币1.7兆元，杠杆率接近10%。第三，现在的成交量是人民币1.55兆元，算下来平均两周能够换一次手，而成熟 市场的换手率是一到两年换一次手，〝现在的上市公司的利润，已经被换手率消化干净了，我们现在是炒空气，不是炒利润〞。