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27 September 2012

this moron said...Reforms to take time but will be ‘irreversible’...another lie from Mongolian killer

The prime minister defended his administration’s track record in democratic reforms today, saying that while they will take time to implement, their effects will be permanent.

Datuk Seri Najib Razak said at the opening of the 2012 International Malaysia Law Conference that the government had proven its sincerity by repealing some laws that were considered repressive such as the Internal Security Act 1971, but added that “building a just and equitable Malaysia cannot be achieved overnight.”

“We have embarked not on one step but many steps,” he said. “The reforms will be irreversible; that, I promise you.”

For Najib, opening the law conference was also a sentimental occasion, as his father, former prime minister Tun Abdul Razak, had inaugurated the first instalment of the conference in 1971.

Najib quoted liberally from his father’s speech from the first conference, noting that Malaysia’s second prime minister had called upon the Bar Council to promote racial harmony in a society that had become “fragmented” and “polarised.”

“Despite the occasional bellicosity and belligerence both in politics and in the legal profession, which is a part of the cut and thrust of debate and discussion in the public sphere in a free and democratic society, I would like to strongly reiterate my father’s affirmation of the legal profession,” said Najib.

He also noted that his father had called for a legal system that was progressive and that the nation needed to have the courage to reject laws that no longer “squares up to the facts of our society.”

“This was said in 1971 and every word of it remains just as true today,” said Najib.

He also revealed his father had confided that being called to the Malaysian Bar was one of the latter’s greatest sources of pride and that the former prime minister had expressed an intention to practise law after retiring as the country’s chief executive.

While Najib has pushed for reforms since coming into office in 2009, many observers and critics have said that the pace has been too slow and marred by lack of fundamental changes.

His administration has so far repealed the Internal Security Act 1971, the Banishment Act 1959 and the Restricted Residence Act 1933.

It also eased licensing requirements on the country’s media by amending the Printing Presses and Publication Act 1984 and introduced the Peaceful Assembly Act 2011 to allow for some form of public protests.

It also stated its intention to allow for more constructive criticism by planning to repeal the Sedition Act 1948.

“Notwithstanding the more progressive legislation that has been gradually introduced over the last year, I am fully aware that there are some amongst you who will still choose to see the glass as half empty rather than half full,” Najib said.

“To them I have this to say: Walls are more easily crumbled that foundations raised. The painstaking effort of building strong and solid foundations that will stand the test of time, takes time.”






You have had 3 years. You havent done anything meaningful. You want more time. By GE14, you will asking for the same thing. We may not be smart people but we are not morons either.

you mean to tell me that Malaysia is still an unjust and unequitable country? After 55 years under BN and NOT just "overnight"? If you cannot do the job, please step down and let others take over the office.

Voters do not have the patience to wait for his reforms to take its time after having suffered injustice and repression from his govt for the past 54 years, We just do not trust his promises.Even our constitutional rights can be reversed if his govt get the majority votes.We would rather vote in a new govt who can promise instant reforms.

BN lawmakers toilet bowl...slam PR’s 2013 budget as vote-buying tool

damn got this not bribing voters...????

Barisan Nasional (BN) lawmakers today dismissed Pakatan Rakyat’s (PR) alternative budget as an irresponsible vote-buying tool used only to garner public support ahead of the upcoming general election.

Minister in the Prime Minister’s Department Datuk Seri Nazri Aziz said today PR’s 2013 budget launched by opposition de facto leader Datuk Seri Anwar Ibrahim (picture) this afternoon “is just to trick the people to vote for them”.

“It’s a stupid budget. They have a lot of promises, but nothing has been done yet, when are they going to fulfil them (promises)?” he asked reporters in parliament today here.

Hulu Selangor MP P. Kamalanathan echoed his colleague’s sentiments and warned the people not to take Anwar’s budget proposal too seriously as it was “made by those who want to take over the government”.

“It is a joke budget. It is irresponsible and a vote-buying budget,” he said.

“We cannot simply promise things that cannot be done. The real budget will consider all the needs of the people,” he added.

Tangga Batu MP Datuk Idris Harin, who is also Syarikat Perumahan Negara Berhad (SPNB) chairman, said PR’s budget was not logical but impractical and that it would only confuse the public.

“For example, if they want to get rid of the 1 Malaysia Housing Project (PR1MA), it is not practical because it will cause projects that are already under construction to be idle,” he said, adding the proposal was merely a ploy to destroy what has already been built by the federal government.

“The process implemented by the government (in hiring more contractors) is (one) that can benefit more companies while ensuring more projects can be completed. It (the policy) also discourages monopoly,” he said.

“What is being promised by the opposition through the shadow budget will only create loss of faith among the people,” he added.

PR today had promised to raise the disposable income of Malaysians in an alternative set of budget proposals announced today, just two days before the ruling Barisan Nasional (BN) unveils the government’s official proposals for spending and taxes.

Anwar said disposable income would rise through measures such as cheaper car prices, the abolishment of tolls and the waiver of student loans, as the opposition sought to pre-empt Prime Minister Datuk Seri Najib Razak’s Budget announcement on Friday.

Anwar said a PR government would be able to pay for the proposed measures not through raising taxes but by plugging leaks that arise as a result of inefficiency and corruption.

PM Najib is also expected to unveil a voter-pleasing Budget on Friday, placing the priority on winning a tough election above addressing the country’s rising debt burden.

Economists say Najib will likely delay much-needed reforms to broaden Malaysia’s tax base and reduce its dependence on oil revenues to at least next year, while announcing measures to help poorer families struggling with rising living costs.

Both Anwar and Najib are using populist approaches to court votes in what is expected to be the most keenly-contested general election in the country’s recent history.

It also is anticipated that they will avoid promising any tough measures for reforms.

Najib must call an election by next April and has already announced a series of handouts this year, including RM2.6 billion in cash payments to poor families to shore up support for BN





Wish BN would understand English. Vote-buying is different from buying confidence of the rakyat. For the longest time the job of government is to prove they can retain power on capability of running the country and part of running the country has to do with the Budget - best use of rakyat's money et al. A government that can show the rakyat its spending and saving prowess gains the confidence of the rakyat. Vote buying is throwing out cash to your constituencies on your rare visits near the elections accompanied by dodgy statements like "you help me, I help you".

Sad isn't it, that a 'defecto' minister can say such a stupid thing. I hope all Malaysians will see the type of BN representative that we have put in govt for so long. Its time to take out the garbage

Nazri said, “It’s a stupid budget. They have a lot of promises, but nothing has been done yet, when are they going to fulfil them (promises)?” Is this minister too dumb to understand that Pakatan is not the govt yet?

Just wipe out BN and their corrupt activities, the rakyat sure will benefit which way you look at it .

RM20 billion savings per annum from BN corrupt activities. Even an average guy know how to use it satisfactorily for the rakyat.

26 September 2012

Another BN endorsed "GET RICH " scheme backfired.....Myemail operator Tricubes to be delisted from Bursa

Tricubes, which operates the 1Malaysia flagship Myemail project, will be delisted from the Kuala Lumpur Stock Exchange after it failed in its appeal against the rejection of its financial regularisation plan, Bursa Malaysia said today.

“Bursa Malaysia Securities Berhad has disallowed Tricubes Berhad’s appeal against rejection of the company’s proposed regularisation plan and de-listing,” said Bursa in an announcement this evening.

Tricubes will be delisted on Oct 1, it said.

The push email and bill presentation system Myemail was considered a lifeline for the financially troubled Tricubes and one of the reasons Bursa had rejected Tricubes proposal to remain listed was that the company was seen to be substantially dependent and reliant on its new business segments and in particular the electronic bill presentment sector as a major contributor to its revenue.

According to a July 4 filing, Bursa noted that Tricubes and its sponsors and advisors failed to demonstrate that the group would be able to generate sustainable revenue and profit from the new business segments that would be sufficient to turn the financial fortunes of the group around.

The stock exchange operator also noted that there has been various delays to the implementation of the new business segments including securing customers and subscribers and as at July the new business segments have either not commenced to generate revenue or has contributed insignificant revenue.

Shares of Tricubes soared from 5.5 sen before the announcement of Myemail in April last year to more than 30 sen just a few days later on hopes that the company will have secured a windfall if government agencies used the service to send out bills and notifications at a cost of up to 50 sen each.

The shares tumbled back to just 10 sen six weeks later after the project was hit by public scepticism.

Tricubes also provides authentication services to banks and other industries.

It was reported earlier this year that the Road Transport Department had signed up to use the myemail service.

For the financial year ended 31 March 2012, Tricubes reported a larger net loss of RM2.2 million as compared with RM720,000 the previous year.

Revenue however was slightly higher at RM16.3 million as compared with RM16 million in 2011.






huh? I guess everyone expected this....Tricubes is a farce. A crony farce. This is so sickening

There goes our millions again to some cronies. How many times must we endure this farce? Citizens of Malaysia, rise up and challenge these bloodsuckers and conmen.

Shouldn't the minister who appointed tricubes be pulled in for investigations? MACC, isn't time you guys, shows your fangs? There's definitely something fishy going on here

Another incompetent UMNO crony go down the drain. How much taxpayer's money was wasted on it? Najib, please account for the billions of ringgits you have given away to UMNO cronies!

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