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Uphold MACC Act’s credo to promote integrity and accountability – Gobind Singh Deo Posted by: superadmin - 01-04-2022, 11:12 AM - Forum: Politics - No Replies PRIME Minister Datuk Seri Ismail Sabri Yaakob must break his silence and address the concerns raised about Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki. The matter was raised by Sungai Buloh MP R Sivarasa last month and subsequent to that, a member of the MACC’s Consultation and Corruption Prevention Panel, Edmund Terence Gomez, resigned in protest because of a purported lack of action over the allegations. Section 2 of the MACC Act 2009 states clearly that the principal objects of the act are to promote the integrity and accountability of public and private sector administration by constituting an independent and accountable anti-corruption body which is the commission. Section 5 thereafter provides for the appointment of the chief commissioner who shall be responsible for the direction, control and supervision of all matters relating to the commission. - More -   Azam Baki should be terminated if unprepared to face PSC: Kit Siang Posted by: superadmin - 01-04-2022, 10:51 AM - Forum: Politics - No Replies KUALA LUMPUR – DAP stalwart Lim Kit Siang has called for Tan Sri Azam Baki’s termination as Malaysian Anti-Corruption Commission (MACC) chief commissioner if he continues to evade the scrutiny of the Parliamentary Select Committee (PSC) on Agencies under the Prime Minister’s Department. Lim, in prompting Prime Minister Datuk Seri Ismail Sabri Yaakob to act upon the matter, said Azam must answer to the recent allegations of conflict of interest against him, or have him terminated as MACC chief. “Azam should publicly explain why he is afraid of appearing before the PSC on Agencies in the Prime Minister’s Department in response to allegations made against him, affecting his commitment to integrity,” Lim wrote in a statement today. The Iskandar Puteri MP suggested Ismail Sabri discuss the ultimatum for Azam at the next cabinet meeting, and for the prime minister to initiate constitutional amendments that will see the MACC fall under the purview of the Parliament instead of the Prime Minister’s Department. “Ismail Sabri should present this proposal for cabinet approval at the cabinet meeting tomorrow… or will there be no cabinet meeting tomorrow? - More -   Umno leaders jostle for starting positions as GE15 push begins Posted by: superadmin - 01-04-2022, 09:31 AM - Forum: Politics - No Replies PETALING JAYA: The heat is on in Umno as members jostle for seats and party positions as well as trying to pick the “right horse” as they clamour for a general election to be held this year, according to party insiders. Two Supreme Council members told FMT that there are two factions within the party: those close to vice-president Ismail Sabri Yaakob, who is the prime minister, hope he will speed up party elections as soon as possible; the other faction, aligned to party president Ahmad Zahid Hamidi, wants party polls to be held after the next general election (GE15). The Ismail faction wants early elections in the hope that he would become party president and thus have the final say in selecting election candidates. “If Zahid remains the Umno president, they fear they might not be picked as candidates,” one Umno leader said. - More -   YOURSAY | PAS wants to have its cake and eat it too Posted by: superadmin - 01-04-2022, 09:28 AM - Forum: Politics - No Replies BobbyO: PAS is worried that Umno might sweep even Kelantan, seeing how they got rejected in Malacca and Sarawak. Now, they fear that they will lose many more seats as they will be facing Umno and the opposition in the next elections. As a result, they may lose the lucrative positions that they hold at the federal level. They have always used the unity of Muslims as an excuse to gain power. One day, they are hoping they can replace Umno and Bersatu at the federal level. The sad fact is they have failed big time in ruling Kelantan. Their ministers are clueless as to how to run a ministry. Yet, they are sitting in their lucrative positions enjoying the perks and benefits while the ummah (Muslim community) is suffering out there - firstly from the Covid crisis and now the floods. - More -   Ford beats out Tesla to become the auto industry’s top growth stock in 2021 Posted by: superadmin - 01-04-2022, 09:24 AM - Forum: Business, Economy and Investment - No Replies Ford’s shares jumped by roughly 140% last year, making it the top-performing auto stock. Morgan Stanley analyst Adam Jonas said it was “truly a breakthrough year for Ford … easily the most important year strategically for the company since the financial crisis.” Since auto veteran Jim Farley took the CEO helm more than 15 months ago, the stock is up by more than 200%. DETROIT – Shares of Ford Motor soared by roughly 140% last year, beating Tesla, its larger crosstown rival General Motors and a host of electric vehicle start-ups to become the best performing stock among automakers in 2021. Investors have rewarded the new direction under auto veteran Jim Farley, who took the helm in October 2020 after the Ford board ousted industry outsider Jim Hackett. Farley promised to be more open and direct with investors. He also launched the Ford+ restructuring plan, which shifts more resources to build electric vehicles like the upcoming F-150 Lightning pickup. - More -   Apple becomes first U.S. company to reach $3 trillion market cap Posted by: superadmin - 01-04-2022, 09:20 AM - Forum: Business, Economy and Investment - No Replies Apple hit a market cap of $3 trillion briefly during trading on Monday. The milestone is mostly symbolic but it represents investor recognition of Apple’s success over the past few years as the company has reported several record-breaking quarters of big growth in all of its product lines. Apple’s cash flow also makes the stock a safe haven during times of market uncertainty. Apple briefly hit a market cap of $3 trillion during intraday trading on Monday, before dropping back under the mark shortly afterwards. Apple broke the barrier when its share price hit $182.86. Apple rose 2.5% on Monday to close at $182.01, just missing closing the trading day at the $3 trillion mark. The milestone is mostly symbolic but it shows investors remain bullish on Apple stock and its ability to grow. At a market value of $3 trillion, Apple tripled its valuation in under four years. And analysts see plenty of room to run. - More -   All talk, no action: Sanusi’s water threats ‘unbeneficial’, says Chow Posted by: superadmin - 01-03-2022, 07:16 PM - Forum: Politics - No Replies GEORGE TOWN – “All talk, no action” was how Penang Chief Minister Chow Kon Yeow described Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor’s approach towards the thorny water issue between the states. This comes as Sanusi recently appointed a panel of lawyers through consultants to resolve the issue, which has been ongoing for some time, as Penang awaits legal action. “My comment remains the same. We will see him in court,” said Chow. “We have been waiting. He talks to the press, but these updates are not beneficial to anyone. If he really wants this issue to be solved, then let’s go to court,” he told the press today. Chow added that Penang has its arguments ready, but whether the court process goes through will depend on the findings of the investigation conducted by the lawyers. He said that every party has its rights, and the matter should be settled based on existing laws. “As it is not a novel thing, especially in Europe, that one river can flow through many countries, this issue can be solved according to international laws and agreements seen from the many conventions held to manage the use of water.” - More -   Act on claims against Azam, alienation of flood ponds, G25 tells MACC Posted by: superadmin - 01-03-2022, 07:04 PM - Forum: Politics - No Replies PETALING JAYA: The G25 group of former senior civil servants has called on the Malaysian Anti-Corruption Commission (MACC) to investigate the alienation of six flood retention ponds in Kuala Lumpur and address claims that its chief owns a substantial amount of shares. In a statement today, G25 said it was disappointed that the anti-graft body had yet to respond to Segambut MP Hannah Yeoh’s call for MACC to state its stand on the 2019 Auditor-General’s Report, which stated that six flood retention ponds in Kuala Lumpur had been approved for various development projects. Stressing that MACC should investigate whether there were vested interests behind the change in land use, G25 said this was especially important in view of the recent nationwide floods which have caused “terrible losses”. - More -   When oversight bodies seem to need oversight bodies – Terence Fernandez Posted by: superadmin - 01-03-2022, 03:03 PM - Forum: Politics - No Replies REVELATIONS by Malaysian Anti-Corruption Commission (MACC) adviser Prof Edmund Terence Gomez that his concerns over the alleged business dealings of the MACC have practically fallen on deaf ears is cause for concern. Not only does it cast aspersions on the integrity of the very institution that is meant to eradicate graft in this country, the public exchanges among Gomez who is a member of the Consultation and Corruption Prevention Committee Panel; panel chairman Tan Sri Borhan Dolah; and MACC Advisory Board (LPPR) chairman Tan Sri Abu Zahar Ujang reveals something is seriously wrong in the MACC. Gomez had called for a meeting to discuss the purported shares ownership of MACC Chief Commissioner Tan Sri Azam Baki and the alleged business dealings of his and a former chief commissioner’s family members. Abu Zahar had denied receiving Gomez’s emails only for the latter to disclose the entire email thread between him, Borhan and Abu Zahar. With these new revelations, the question arises if those entrusted to keep watch over the MACC are actually complicit in contributing to its rot. Gomez has questioned if a cover-up is in play. Judging by Abu Zahar’s denials of any correspondence when there is now evidence to the contrary; and the conduct of Borhan, who has not responded to his request and who has even insinuated that Gomez – a respected academic and economist is playing politics – the public cannot but question if the foxes have been put in charge of the hen house. - More -   Are Abu Zahar, Borhan covering up for MACC’s Azam Baki? Posted by: superadmin - 01-03-2022, 10:50 AM - Forum: Politics - Replies (1) KUALA LUMPUR – Former Malaysian Anti-Corruption Commission (MACC) panel member Prof Edmund Terence Gomez believes that there is a “shroud of secrecy” regarding the allegations against its chief commissioner Tan Sri Azam Baki. Speaking to The Vibes, he pointed out that so far, the body’s advisory board chairman Tan Sri Abu Zahar Ujang and Gomez’s former boss Tan Sri Borhan Dolah, who chairs the Consultation and Corruption Prevention Panel, are reluctant to investigate the issue. “Why is it that the chairman of the advisory board and the chairman of my panel, after initially deciding to have a meeting, decided not to go ahead with it? “This seems to suggest that there does not seem to be an arm’s-length relationship between the advisory board and the chief commissioner of MACC. “This seems to be – and you used the word cover-up – this seems to be an attempt not to pursue this investigation further into this complaint that we received. - More - Pages (864): « Previous 1 … 458 459 460 461 462 … 864 Next » Jump to page: