Monday, February 4, 2013

Tan Sri Khalid dan PKR buat duit atas penderitaan rakyat...

“Kalau kita (Kerajaan Negeri Selangor) teruskan perjanjian 2004 yang ditandatangani antara Syabas, Kerajaan Persekutuan dan kerajaan negeri bermakna tarif air dinaikkan 37 peratus pada 2009, 25 peratus pada 2012 dan 20 peratus pada 2015.

“Ini bererti kalau sekarang kita setuju, tarif air sekarang dah naik sehingga 62 peratus,” ujar Tan Sri Khalid Ibrahim.

Haramjadah sungguh puak-puak Umno ni....

Rozali gets RM17m salary & Najib gives Syabas another RM120m bailout? WHAT'S GOING ON!

Written by  Tony Pua3
(0 votes)
Rozali gets RM17m salary & Najib gives Syabas another RM120m bailout? WHAT'S GOING ON!
Prime Minister Datuk Seri Najib Razak announced on 2nd February an additional allocation of RM120 million to Syarikat Bekalan Air Selangor (Syabas) to help resolve the water problem in Selangor.
This latest bailout fund for Syabas proved that the Selangor and Kuala Lumpur water crisis has nothing to do with the shortage of raw water which requires immediate water transfer from Pahang via the exhorbitant RM9 billion Langat 2 project.
Instead, it proved that the crisis was a result of a deliberate under-investment by Syabas to upgrade its treatment plants, build additional treated water capacity as well as to repair and replace old and broken pipes. With the RM120 million meant for the above exercise, it showed that the current crisis could have been prevented had Syabas had invested its own funds on the exercise earlier.
Why didn't Syabas invest its own funds?
It should be emphasized that under the Water Concession Agreement, there is absolutely no obligation by the federal and state government to provide financial grants or loans for Syabas to carry out its obligations to upgrade all the required water infrastructure to fulfil its obligations to provide quality water services to the people of Selangor and KL.
Hence, the RM120 million handout to Syabas is not a grant by the Federal Government intended to assist the people of the state but is instead a well-disguised scheme to bailout Syabas. Over the past 3-4 years, the Federal Government has bailed-out Syabas to the tune of billions of ringgit to keep Syabas afloat.
In December 2009, the BN Government has extended a 20-year RM320.8 million zero-interest soft loan to Syabas. In October 2011, the BN Government again extended another 20-year RM110 million loan to Syabas for the same purpose. And in November, when Syabas outstanding bonds of RM2.9 billion was nearing its due date for repayment, the Federal Government again bailed out Syabas by taking over the entire RM2.9 billion bond.
To date, the Mininster of Energy, Green Technology and Water, Datuk Peter Chin has not revealed if Syabas has even repaid a single sen of the RM2.9 billion bond bail-out by the Federal Government.
Over the above period, the BN government has already extended bailout funds of RM3.41 billion to Syabas in total.
Total RM3.41 BILLION bailout so far
Despite the repeated offers by the Pakatan Rakyat Selangor state government to acquire Syabas or even to terminate the Syabas concession for the latter’s failure to fulfil its obligations, the Federal Government has refused to support Selangor’s offer or to agree to the termination of the concession.
It is clear to all Malaysians that the BN Government would rather continue to keep Syabas afloat by keeping the company on life-support with billions of ringgit of the rakyat’s money to protect it’s crony’s profit and interests.
Najib’s economic transformation call is hence a complete sham as he has shown complete unwillingness over the past 4 years to allow the people interest to come first, ahead of BN’s cronies.
[Ed's note: According to the Puncak Niaga Holdings Bhd annual report, executive chairman Rozali Ismail earned a salary of RM8.255 mil, bonuses of RM2.39 mil, benefits-in-kind of RM405,646, EPF RM1.777 mil, leave passage of RM663,582 and other expenses of RM3.754mil. This amounted to RM17.25mil for the year ended December 31, 2011. Puncak Niaga is the holding company of SYABAS and Rozali's business flagship. Rozali is a senior Umno member and the former treasurer of Selangor Umno]
Tony Pua is the DAP MP for PJ Utara

1 comment:

Anonymous said...

[p]Again, the prospect was not explored in full, though one possibility is that Reznor (and perhaps Beats Co-Founder Dr . Beats隆炉 sound technology has already made its way into the HP Envy Beats Editionand a number of HTC smartphones . Those who enjoy the look of the Beats headphones will probably find they follow a similar style, particularly given that [url=]beats by dre uk[/url] design has been a major reason for their popularity . Dre

Even though the beat ideal monster beats by dr dre, extremely lightweight and also active daily life style, operate, or usually . 隆卤

Kendrick Lamar has been on the [url=]beats by dr dre[/url] road non stop this year, and recently touched down in the UK where he spread his talents . The situation isn隆炉t helped by heavy bits and pieces all along the cable itself . Once all confront us with the real system amplifiers, after that we had to visit an additional [url=]beats by dre headphones[/url] degree, make the real conclusion associated with remoteness . To chop again yet again the carry out end result of tone we should preferably acquire a actions which is additional unsafe towards the listening to that turning up the volume.[/p][p]This is rather impartial [url=]beats by dre headphones uk[/url] to all the men and women all over the world . Firstly, it has the power to preserve the originality of the music created by the industrious musician, but lost in the process of the interpretation of the musical instrument . dre earphones which means you can appreciate audio inside of a awesome feeling . Them will be comfy while supplying the user with plenty support to handle the headphones hence they is not going to slip off . We隆炉re certain the sound isn隆炉t bad enough [url=]beats by dr dre headphones[/url] for our ears to eject the DiddyBeats, but that隆炉s what happens . I . The music industry was shaped because of some of his contribution for decades . These batteries will drain over time, causing you to replace its batteries in the future.[/p]