M'sia is world's No 2 in illegal capital flight

Steven Gan 8:01AM Dec 18, 2012

Close to RM200 billion of dirty money was siphoned out of Malaysia in 2010, putting the country second only to Asian economic powerhouse China in global capital flight.

Washington-based financial watchdog Global Financial Integrity (GFI), in its latest report which tracks capital flight, says the level of illicit flows from Malaysia in 2010 was the highest in 10 years.

GFI has introduced a new and more conservative methodology in its estimates of illicit financial outflows, which help to zero in exclusively on dirty money. As such, estimates from its previous reports have been revised.

Last year, GFI put the figure of illicit outflows for Malaysia in 2009 at US$46.86 billion(RM143.3). This has been altered to US$30.41 billion (RM93 billion).

DUMB DOWN for Islam - Is that what Pak Lah's IKIM is suggesting?

Written by  Joe Fernandez, Malaysia Chronicle 

The Institute of Islamic Understanding (Ikim), chaired by former premier Abdullah Badawi, recently came out with a strong statement warning Muslims against pluralism and liberalism on the grounds that such trends would "confuse them and undermine their faith". (scroll below for the Bernama report)

In short, the truth or otherwise  if there's any such thing isn't the crux of the debate, but to invoke "God" and keep society on a tight leash to ensure some sort of mindless social order for self-serving political reasons.

Banks robbing the poor….disgusting!!!

On 6 Dec 2012, PSM Kajang Branch received a complaint from Muniammah a/p Thambiram. She is 54 years old, illiterate, a widow and she is supporting her son who has been quite sick since last 4 years due to heart problem and an industrial accident. The son bought an apartment for the family in Oct 2001. Housing loan for RM78,318 was approved by AmBank and they started paying installment since Sept 2003.

It was not easy for them to pay the monthly installment which comes to about RM500-RM600 a month especially since the son, Thanasegaran is disable and surviving on SOCSO. They used up almost all their EPF money paying the installment. No doubt they were struggling as they was no stable income.

Wakil Rakyat cum Businessman

By: Datuk Tan Sri Tama Puyang
13.12.2012

In Oxford Dictionary, tells us the meanings of Politician (wakil rakyat), and the meaning of Businessman.

Let us start with “Politician”, what does it mean? In Oxford Dictionary, Politician means, “A person holding an elected government post.”

Secondly, what is the meaning of “Businessman” in Oxford Dictionary”? Businessman means “An occupation, profession, or trade; something that is someone’s duty or concern.”

Being your Tan Sri, I would like all of my Sarawakian to clearly understand the difference meanings between a businessman and a politician. Here you know how one person has to focus on making profits for his personal bank account, the other being elected during the election to lead the rakyat for 5 years.

Stop bullying NGOs, Sabah govt told

By Luke Rintod of FMT

A well known activists wants the Sabah state
government to stop harassing non-governmental
organisations in the state.

KOTA KINABALU: A long-serving Sabah human rights and social activist here has called on the Sabah government to be more accommodating to civil society groups in the state and not to apply unnecessary “pressure” on non-governmental organisations.

Patrick Sindu, said any “subtle pressure” from the government on these groups could be interpreted by the public and the international community, either rightly or wrongly, as interfering, manipulating, victimising or exploiting these NGOs in an effort to align them with the state government.