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Explain clearing Azam of wrongdoing, or resign, Bersih tells Abu Zahar Posted by: superadmin - 01-08-2022, 06:29 PM - Forum: Politics - No Replies PETALING JAYA: Bersih has called for Abu Zahar Ujang to resign as chairman of the Anti-Corruption Advisory Board (ACAB) if he fails to explain his decision to single-handedly clear top graft buster Azam Baki over his corporate shares ownership issue. This follows the revelation earlier today by six members of ACAB, an advisory panel in the Malaysian Anti-Corruption Commission (MACC), that Abu Zahar’s comments at a press conference last Wednesday were entirely his personal view on the MACC chief commissioner. Bersih chairman Thomas Fann demanded Abu Zahar’s resignation saying that he had misrepresented the recommendations of the board members. - More -   Umno bearing brunt of people’s fury, says Khaled Posted by: superadmin - 01-08-2022, 03:15 PM - Forum: Politics - No Replies PETALING JAYA: Umno is looking for “a way out” from the dilemma facing Prime Minister Ismail Sabri Yaakob who is under pressure due to the lacklustre performance of some of his ministers, says party vice-president Khaled Nordin. He said that he sympathised with Ismail because of the poor performance of his ministers as this will inevitably reflect on Umno which is leading the government. Khaled added that Umno was bearing the brunt of the people’s anger over the failings of the government. “It is public knowledge that he inherited several failed ministers from the previous Perikatan Nasional-led (PN) government. “But who else can he pick to replace them? He did not have much choice from the existing MPs. - More -   RCEP welcomes rising deals in first week as firms delighted with cost benefits Posted by: superadmin - 01-08-2022, 03:06 PM - Forum: Business, Economy and Investment - No Replies A wave of initial deals swept across China's exporting provinces in the first week of implementation of the Regional Comprehensive Economic Partnership (RCEP) pact, as companies across China are thrilled at the tangible RCEP benefits. Some believe the boost delivered by the recently implemented mega trade deal is similar to that of WTO accession, with some even announcing plans to shift their market focus to fully tap into the opportunity. Statistical projections by a top Chinese think tank that the deal is expected to lift regional exports by 18.3 percent by 2035 match the experience of businesses, with some exporters and importers providing a detailed account of how the deal has helped them save money, and perhaps more importantly, time.  In some circles, "certificate of origin" has become a buzzword for trading company executives, trade officials and industry players across China, from coastal ports to inland provinces. Some were even planning a shift in their business focus to fully target benefits brought about by the RCEP. - More -   MACC advisory board members distance themselves from chairman’s ‘clearing’ of Azam Posted by: superadmin - 01-08-2022, 02:35 PM - Forum: Politics - No Replies PETALING JAYA: Six Malaysian Anti-Corruption Commission (MACC)’s advisory board members have distanced themselves from the chairman’s decision to clear chief commissioner Azam Baki of any wrongdoing on the corporate share ownership issue. They said MACC’s Anti-Corruption Advisory Board (ACAB) chairman Abu Zahar Ujang’s comments were entirely his personal view. “We categorically wish to state that the board members at the meeting or at any time thereafter did not express such opinion as Abu Zahar attributed to,” they said in a statement. According to them, prior to the press conference on Wednesday, they had a separate discussion with Abu Zahar and proposed the matter to be further referred to an independent committee, the Parliamentary Special Committee on Corruption, or the MACC’s Complaints Panel. However, they said their views and proposals were not raised by Abu Zahar at the press conference. “The ACAB has no investigation power as it is established only as an Advisory Board. - More -   Corruption fatigue Posted by: superadmin - 01-08-2022, 11:50 AM - Forum: Politics - No Replies From JJ Singam In what must seem to be becoming an alarmingly regular occurrence, yet another corruption-related scandal has burst onto the arena of both regular and social media. This time it involves Malaysian Anti-Corruption Commission (MACC) chief commissioner Azam Baki. It concerns shares in a public-listed company purchased in his personal trading account in 2015 allegedly by his brother but with his knowledge and permission and which was subsequently transferred to the brother’s account. This follows hot on the heels of other allegations that he has shareholding interests in other companies as well. A career anti-corruption officer dating back from 1984, he rose through the ranks and was MACC director of investigation in 2015 when this incident happened, and has since risen to the top as chief commissioner since 2020. It is noteworthy that another chief commissioner of the MACC was also embroiled in a scandal in 2019 whereby allegations of interference in the infamous 1MDB case involving a former prime minister arose, and where he again allegedly was featured among others in nine audio clips of phone conversations in 2016 which were construed as possible attempts to manipulate information and exonerate the former prime minister. Uproar and outrage… these would be among the emotions one would expect when the very institution that was created to weed out corruption and bring the corrupt to justice appears to become embroiled in matters that are embarrassing at best and potentially threaten the integrity and trust in the agency. - More -   Ismail Sabri must speak up on Azam Baki scandal – Gobind Singh Deo Posted by: superadmin - 01-08-2022, 10:57 AM - Forum: Politics - No Replies THE concerns about Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki were raised by Sg Buloh MP R. Sivarasa last month. The Anti-Corruption Advisory Board (LPPR) said it sought and was satisfied with Azam’s explanation. The Securities Commission (SC) thereafter in a statement said it would be in touch with Azam for an explanation, citing certain provisions in the Securities Industry (Central Depositories) Act 1991. The prime minister as the minister in charge of the MACC must now state: 1. Whether he was aware of the probe the Anti-Corruption Advisory Board held with respect to the allegations against Azam? 2. Whether LPPR had the power to conduct that probe and if so, under which provisions of law did it act and how was the probe conducted? - More -   Bitcoin slumps to a three-month low as cryptocurrencies extend losses Posted by: superadmin - 01-08-2022, 10:39 AM - Forum: Business, Economy and Investment - No Replies The price of bitcoin fell below the $41,000 mark on Friday, reaching its lowest level since Sept. 29, according to data from Coin Metrics. Hawkish comments from the Federal Reserve this week triggered a sell-off in global stock markets which spilled over into cryptocurrencies. An internet shutdown in Kazakhstan, the world’s second-largest bitcoin mining hub, is also weighing on crypto prices. Bitcoin dropped to a three-month low late Friday amid jitters over U.S. monetary policy tightening and an internet shutdown in Kazakhstan, the world’s second-biggest bitcoin mining hub. The price of bitcoin fell below the $41,000 mark to $40,749.90 just after 10:50 a.m. ET Friday, reaching its lowest level since Sept. 29, according to data from Coin Metrics. It was last trading down 2.9% at a price of $41,947.75. The world’s largest cryptocurrency began falling earlier this week after the minutes from the Federal Reserve’s December meeting hinted the U.S. central bank would dial back its pandemic-era stimulus. - More -   Parliamentary special committee to discuss allegations against Azam Baki next week Posted by: superadmin - 01-08-2022, 10:18 AM - Forum: Politics - No Replies Parliamentary special committee to discuss allegations against Azam Baki next week: Rais KUALA LUMPUR – For Malaysia to be embroiled in a scandal involving Malaysian Anti-Corruption Commission (MACC) chief, while it faces a plethora of other issues, is unfortunate for the country, said Dewan Negara president Tan Sri Rais Yatim. Speaking to The Vibes, the veteran politician lamented how such matters have added to the litany of challenges in the country, judicially and legislatively, and environmentally, brought on by the recent floods. “At a time when we have other colossal cases being attended to by the system, specially by the judiciary, and at a time when there are other investigations going on, this thing has to come up. “That is unfortunate for our country and system.” Rais, who heads the Parliamentary Special Committee on Corruption (JKMR), and the Dewan Negara Special Committee Governance, Integrity and Anti-Corruption, expressed his hopes of seeing civil servants who fear the repercussions of corrupt activities, and not otherwise. “It is my personal hope that office holders fear the repercussions or results of a corrupt act; we have been suffering too much and too long on this issue.” - More -   New leadership paradigm needed in Machiavellian Malaysian politics: academic Posted by: superadmin - 01-08-2022, 10:13 AM - Forum: Politics - No Replies KUALA LUMPUR – Calling the current Malaysian political climate Machiavellian, Tan Sri Kamal Hassan called for a paradigm of new leadership. The author of Corruption and Hypocrisy in Malay-Muslim Politics said that this was his first time writing about Malay politics, and he did so to address the rot that has festered in the nation’s political arena. “I feel like my time is about to end. I may have to return to Allah soon, but the political scenario is frustrating. “I have been observing political development in the country for 70 years, and I feel that things are getting worse,” Kamal said on Awani’s Consider This programme yesterday. Pointing towards Malay nationalism as a factor, he said nationalists initially came with an agenda to uplift the economic position of the Malays. However, he said, with the absence of the restraint brought forth by ethics and sound religious values, Malay leaders became more corrupt. Pointing out that Malay nationalists are largely secular-oriented and comprise westernised elites, the political model inherited from the British separating religion from politics led to the current crisis where corruption and hypocrisy has bred in the nation’s governance. - More -   It doesn’t pay to be a nice guy, pundit tells PM Posted by: superadmin - 01-08-2022, 09:43 AM - Forum: Politics - No Replies PETALING JAYA: Ismail Sabri Yaakob has been known as the ‘nice guy’ since he entered politics but as prime minister, he needs to be firm to prevent the country from going into shambles, says an academic. Former Universiti Teknologi Malaysia lecturer Azmi Hassan said Ismail is at his weakest politically as he faces an uphill task in dealing with different camps in Umno, Bersatu and PAS. “As there are different camps in Umno, he is unable to garner 100% support. Due to the dynamics within Bersatu and PAS, he is also unable to gain their full support,” he said. Even the move to secure a political understanding with PH in September has not worked well for Ismail as there are calls for its review. “The MoU does not add value to Ismail. All political parties know he is a nice guy and they are trying to see how it benefits them,” he said. - More - Pages (1288): « Previous 1 … 878 879 880 881 882 … 1288 Next » Jump to page: