Pemerintahan UMNO adalah "Pemerentahan Ali Baba dan 40 Perompak".
Wkileaks/Malaysia Today, telah dedahkan masaalah Ali Baba yang di tnggalkan oleh Dr.M kapada Pak Lah. (Nota : 85% contract Buiputra telah di Ali Babakan.!!!)
Bapak "Ali" itu sendiri adalah Dr. M.M.Mamakkuty yang telah "Ali
Baba"kan contract Bumiputra kapada "Baba"2 bernama Ting Pek King (Bakun
Dam, Langkawi,Airport, etc). Yeo Tiong Lay (IPP, etc), Vincent Tan
(judi, hartanah,etc), Baba Jepun (KLCC dan Daya Bumi),Baba Korea (KLCC),
Baba America (KLCC dan KLI A),dan etc,etc,etc.!!!
Kesan "Pemerintahan Ali Baba" di ketuai Dr.M ini, pada rakyat dan
negara adalah bankrupsi yang tandanya adalah Ringgit yang meleset 150%
berbanding dengan duit Singapore dan Brunei yang asalnya sama dengan
duit kita!!!
Bank Bumiputra juga telah mampos di bunoh Dr.M!!!
Cilaka dan Laknatullah punya Dr.M!!!
Sila baca CnP di bawah bagi bukti "Peerintah Ali Baba",
atas ehsan Raja Petra Kamarudin dan Julian Asangne dari link... http://www.malaysia-today.net/mtcolumns/43554-wikileaks-gom-touts-qrecordq-manufacturing-investment-approvals-for-2006-rampant-qali-babaq-abuses-in-goms-affirmative-action-program-draw-pms-ire-malaysia-economic-update-for-february-2007
Tuesday, 20 September 2011
Super Admin
The
source said the study, which has not been released to the public,
revealed that many Bumi contractors typically sold off their tenders for
quick money, often to finance expensive cars and houses. The report
also found Bumiputra contractors had misused payments received from the
government to pay off creditors and that they often sought additional
government tenders prior to completing the ones already awarded to them.
THE CORRIDORS OF POWER
Raja Petra Kamarudin
SENSITIVE BUT UNCLASSIFIED - NOT FOR INTERNET DISTRIBUTION
1.
(U) Summary: The GOM trumpeted figures showing total manufacturing
investment approvals in Malaysia rose 48.1% in 2006 to a record RM 46
billion (USD 13.1 billion), and used this as proof the country remained
internationally competitive. However, a closer look at the numbers
reveals the investment trend in Malaysia is a lot less rosy. Meanwhile,
Prime Minister Abdullah publicly vented his frustration over a recent
study showing 85% of government construction tenders awarded to ethnic
Malays under the GOM's affirmative action program are being sold to
non-Malays, defeating the purpose of the policy. In response, the GOM
has vowed to get tough on violators. End summary.
We're In the Money!
2.
(U) Minister of International Trade and Industry Rafidah Aziz
announced February 13 that Malaysia's total manufacturing investments
approvals rose 48.1% in 2006 to an unprecedented high of RM 46 billion
(USD 13.1 billion), from RM 31 billion projects approved in 2005. Of
this amount, foreign manufacturing investment approvals accounted for RM
20.2 billion (USD 5.77 billion), an increase of 13.1% from the RM 17.9
billion (USD 5.11 billion) approved in 2005, while domestic investment
approvals accounted for RM 25.8 billion (USD 7.37 billion), almost
double the RM 13.2 billion (USD 3.77 billion) approved in 2005,
primarily due to fourth quarter approvals for three large petroleum and
petrochemical projects (see paragraph 5).
3. (U) The largest
share of foreign direct investment approvals continued to be in the
electronic and electrical sector, accounting for RM 8.6 billion (USD 2.5
billion) or 42.6% of the total. Japan emerged as the top investor for
2006 with RM 4.4 billion (USD 1.25 billion) in investment approvals, of
which RM 1.5 billion (USD 430 million) will be in greenfield
industries. [Comment: Japanese embassy economic counselor Takuya
Sasayama told the press that the spike in Japanese FDI during the second
half of 2006 may be the result of the Japanese-Malaysia Economic
Partnership Agreement, which became effective last July. End comment].
The Netherlands came in second place with RM 3.3 billion (USD 943
million) in investment approvals, followed by Australia with RM 2.6
billion (USD 743 million). The U.S. slipped to fourth place with RM 2.5
billion (USD 714 million) in investment approvals, down from its number
one position in 2005. About 60% of the U.S. company investment
approvals will be re-investments by existing companies for expansion or
diversification in the electronic and electrical sector.
FTA "Just a Bonus"
4.
(U) The surge in investment approvals exceeded the GOM's targeted
average investment approvals of RM 27.5 billion (USD 7.8 billion) per
year under the 15-year Third Industrial Masterplan. In press reports,
Rafidah said "[d]espite the increasing global competition, Malaysia
continues to attract global foreign investment outflows, reflecting the
country's cost-competitiveness as a manufacturing and export base." She
added the figures demonstrated that a failure to reach a free trade
agreement (FTA) with the U.S. would not have an adverse impact on
foreign direct investment (FDI) into Malaysia. "The FTA is just another
bonus", she said.
Hey, wait a minute...
5.
(U) A closer look at the numbers reveals the sharp rise in Malaysia's
investment approvals last year may not be sustainable. Three major
domestic petroleum and petrochemical projects (SKS Development's RM 7.7
billion oil refinery in Kedah, Petronas' Methonal RM 2 billion plant in
Labuan and Panca Intan's RM 1 billion petrochemical plant in Sabah)
accounted for over 23% of the RM 46 billion in total investment
approvals. In addition, large domestic bio-diesel projects accounted
for RM 6.1 billion, or over 13.2%, of total investment approvals.
[Comment. If these volatile energy sector projects are excluded from
both the 2005 and 2006 numbers, Malaysia's total investment approvals
would have risen only 1.4% for 2006, not the 48% touted by Minister
Rafidah. Therefore, unless domestic companies continue to pump money
into mega energy projects for 2007, it will be very difficult for
Malaysia to sustain the high level of investment approvals seen last
year. End Comment]
6. (U) Another dark cloud for Malaysia in
last year's numbers is that fact that total investment approvals in the
high value-added electrical and electronics industries (which in
Malaysia are dominated by American high tech companies such as Intel and
Dell), shrank 27.5% decline in 2006 to RM 10 billion from RM 13.8
billion in 2005. This, combined with Intel Corporation's recent
decision to triple its investment for a new chip assembly and test
facility in nearby Vietnam to USD 1 billion, could point to a gradual
decline for investment in, or actual disinvestment from, Malaysia's
highly prized ICT sector.
Now Show Me the Money
7.
(U) The RM 46 billion in investment approvals does not refer to actual
investments in Malaysia but rather projects that have been given the
green light from the Malaysian Investment Development Authority (MIDA).
According to MIDA, actual investments will normally be committed in the
coming one to three years following approval. Of the 5,889 foreign
projects approved by MIDA during the 2001-2006 period, 72.5% have
commenced production while 21.8% are in various stages of planning and
implementation and 5.6% have not gone forward at all.
"Ali Baba" and the Bumi Thieves
8.
(U) Meanwhile, Prime Minister Abdullah Badawi expressed frustration and
disappointment over findings from a recently released Ministry of Works
report showing 85 percent of government contracts awarded to
"Bumiputra" (ethnic Malays and indigenous Malaysian groups) contractors
under Malaysia's affirmative action program end up being subcontracted
to non-Bumiputra firms, a practice commonly referred to here as "Ali
Baba". "They (Bumiputra) do not want to work, do not want to learn, and
give little importance to the opportunities provided by the
government...This approach will only make us hope and wait for aid and
subsidies. Such a mentality thrives among the people, including
Bumiputra petty traders and contractors," he said. Abdullah made the
comments during a dinner speech on February 13th.
9. (U) In
Malaysia, many government construction contracts are open only to
Bumiputra owned businesses. Although the rationale for the policy is to
bolster the competitiveness of Bumiputra contractors vis-`-vis
contractors of other races, in practice many of the Bumiputra firms (the
"Ali" in "Ali Baba", typically Malay Muslims) immediately subcontract
the work to non-Bumiputra contractors (the "Baba", typically ethnic
Chinese - the term comes from "Baba-Nyonya", a reference to descendants
of marriages between Straits Chinese men and Malay women), enabling the
Bumiputra contractors to quickly pocket profits but preventing them from
acquiring the experience and expertise the policy was intended to
engender. Abdullah said Ali Baba practices not only frustrated the
GOM's policy aim of empowering Bumiputras but also undermined its
broader Bumiputra agenda of ensuring Malaysia achieved progress and
stability in the long term.
You Can't Trust Anyone Anymore
10.
(SBU) A source from the Ministry of Works told EconFSN that their
report, entitled "Study on Bumiputra Contractor Leakage", was the result
of feedback from various industry sources on failed and successful
projects. The source said the study, which has not been released to the
public, revealed that many Bumi contractors typically sold off their
tenders for quick money, often to finance expensive cars and houses.
The report also found Bumiputra contractors had misused payments
received from the government to pay off creditors and that they often
sought additional government tenders prior to completing the ones
already awarded to them. The official said contractors were
irresponsible and had abused the trust given to them by the government
which was meant to help Bumiputras progress.
Blacklist the Really Bad Bumis
11.
(SBU) Separately, executive chairman Moehamad Izat Emir of the Malay
Entrepreneurs and Merchants Association said payment is the main issue
facing the contractors. He said that while Abdullah had directed the
disbursing agency to pay the contractors within two weeks after
completing the work, this often does not happen. He proposed that
Bumiputra contractors be trained to upgrade their skills and suggested
government-linked companies (GLCs) be required to support these
contractors. Roslan Awang Chik of the Malay Contractors Association
shared his view that "competency comes from exposure". He is puzzled
why many well-known and qualified Bumiputra contractors were not being
awarded government contracts while several unknown ones were. He
suggested the government blacklist any contractors found to be selling
their tenders. "They can be considered traitors", he said.
Now Promise to be Good...
12.
(U) In response to the controversy over the study, Ministry of Finance
Secretary General Izzudin Dali announced on February 16 that under new
regulations Bumiputra contractors seeking government tenders will soon
be required to sign an official declaration promising not to sell or
subcontract their tender to other races. Violators will have their
contracts and registrations terminated. Izzudin added that under the new
rules contractors undertaking public infrastructure contracts will now
be awarded only one project at a time and that projects will be
distributed evenly among contractors in the same area or district.
13.
The GOM's practice of giving preferential treatment to Bumiputra
contractors began as part of its New Economic Policy, an ambitious and
controversial affirmative action program launched in 1971 following the
race riots of the late 1960s. Although aimed at reducing the
socioeconomic disparity between Malaysia's Chinese minority and its
Malay majority, these policies have been only partially effective while
often stirring resentment on the part of non-Bumiputra ethnic groups.
According to the GOM's last census in 2000, Malaysia ethnic composition
is 65.1% Bumiputra, 26.0% Chinese and 7.7% Indian.
14. (SBU)
Comment. The current system of awarding lucrative government contracts
to bumis provides them with a strong economic incentive to simply act
as agents, turning over as many projects as possible and taking a cut
before handing each one off to a competent non-bumi implementer. This
"bumi agent" system is firmly entrenched in Malaysia. Any effort to
make reforms is likely to be resisted not only by well-established
bumis, but also by the non-bumi implementers who have built up a network
of well-oiled agent partnerships. End comment.
