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Showing posts with label PAC. Show all posts
Showing posts with label PAC. Show all posts
Friday, December 22, 2017

Malaysian Aviation Commission (MAVCOM) claim that it is ‘unsustainable’ for the Passenger Service Charge (PSC) to be kept at LCCT levels confirms that the fees are hiked to rescue Malaysia Airports Holdings Bhd (MAHB)

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MAVCOM told The Malaysian Insight [1] two days ago that …when klia2 began operations, it had the same PSC rates as the LCCT, despite havi...
Thursday, December 21, 2017

International Civil Aviation Organisation (ICAO) policy clearly states that “in general, aircraft operators and other airport users, including end-users, should not be charged for facilities and services they do not use”

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Malaysia Airports Holdings Bhd (MAHB) has been quick to often cite the International Civil Aviation Organisation’s (ICAO) ‘principle of non-...
Monday, December 18, 2017

Is KLIA2 a “low-cost terminal”, a “hybrid airport” or a mere “extension” of the main KLIA terminal?

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Yesterday, Malaysia Airports Holdings Bhd (MAHB) issued a statement in response to my criticisms against the impending Passenger Services Ch...
Friday, December 15, 2017

Malaysians are now paying the cost of an incompetent Malaysia Airports Holdings Bhd (MAHB) who built a defective ‘low-cost’ KLIA2 at more than RM4 billion

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Earlier this month, it was announced that the Passenger Service Charge (PSC) for international flights, excluding ASEAN, operating at KLIA2 ...
Tuesday, November 07, 2017

The Malaysian Anti-Corruption Commission needs to grow a spine and really stand up to corruption.

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I had asked in Parliament why the MACC had announced in June that it would not be carrying out investigations regarding the misappropriation...
Friday, October 27, 2017

With outrageously creative accounting and a preposterous tax-payers’ bailout admitted by 1MDB itself, perhaps 1MDB will indeed be “on track to realise a profit”.

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On Wednesday, I had accused the Prime Minister of peddling lies with the outrageous claim that 1MDB “is on track to realise a profit”, when ...
Monday, July 31, 2017

Auditor-General and PAC Chairman's decision not to pursue 1MDB scandal proves that they are compromised and unfit to protect the interest of Malaysians

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Malaysians are aghast, but perhaps not surprised, that both the new Auditor-General, Tan Sri Madinah Mohamad and the Public Accounts Committ...
Friday, May 26, 2017

The MACC will never shake its politically tainted image unless it starts taking action against power abuse and corruption in relation to 1MDB and SRC International

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The Malaysian Anti-Corruption Commission (MACC) has been putting up a brave front in making dozens of arrests of corrupt government official...
Tuesday, May 02, 2017

Why is the PAC Chairman, Datuk Hasan Arifin as quiet as a mouse over the 1MDB-IPIC “settlement” where the Finance Ministry agreed to assume US$3.5 bil. of 1MDB liabilities from IPIC?

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Malaysians are still up in arms over the 1MDB-IPIC “settlement” which was announced less than two weeks ago where the Ministry of Finance ha...
Friday, April 28, 2017

Perfect opportunity for Auditor-General and PAC to re-look into 1MDB scandal: review 1MDB-IPIC settlement which had Malaysians bearing US$7.01 bil. to resolve 1MDB’s US$3.5 bil. bond borrowing

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Yesterday, the Second Finance Minister, Dato’ Seri Johari Abdul Ghani desperately tried to backtrack from his original assertion which tried...
Tuesday, April 25, 2017

1MDB “Settlement” with IPIC an affirmation by 1MDB that they have lost US$3.51 billion purportedly paid to IPIC and its subsidiary, Aabar Investment PJS

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1MDB and IPIC have finally announced the conclusion of the much awaited “settlement” to the London arbitration proceedings filed by IPIC aga...
Saturday, April 22, 2017

1MDB new auditor’s biggest challenge now is to audit and verify the purported sale of 1MDB’s Brazen Sky or its assets to a “undisclosed third party”

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The Singapore Straits Times reported that 1MDB is expected to ink an agreement with Abu Dhabi's International Petroleum Investment Co (I...
Monday, March 20, 2017

Open Letter by Tony Pua, DAP National Publicity Secretary and Member of Parliament for Petaling Jaya Utara to Second Finance Minister, Dato’ Seri Johari Abdul Ghani on Tuesday, 20 March 2017

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Dear Minister, Thank you so much for your Open Letter addressed to me which was issued yesterday.  I am not sure whether I should be honou...
Sunday, March 19, 2017

Dato’ Seri Johari Abdul Ghani must prove that the Auditor-General (AG) couldn’t find specifically what went wrong with 1MDB by seeking declassification of the AG’s Report on 1MDB

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Last week, the Second Finance Minister Dato’ Seri Johari Abdul Ghani told an audience of the investment community at a luncheon organised b...
Saturday, March 18, 2017

Dato’ Seri Johari Abdul Ghani must think that Malaysians are born yesterday to buy his excuse that the Government “can't press charges on 1MDB without a full picture”.

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I was stunned by the Second Finance Minister, Dato’ Seri Johari Abdul Ghani’s remarks to the media that the Government “can’t press charges...
Friday, March 17, 2017

Which Finance Minister in the world worth his salt would tell you that the debts of its wholly-owned subsidiaries are not the debt of the parent company?

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First of all, I would like to thank the Second Finance Minister, Dato’ Seri Johari Abdul Ghani for issuing the official statement “ Some Fa...
Wednesday, March 15, 2017

Finance Minister’s convoluted answer on MoF takeover of 1MDB’s real estate assets was a blatant attempt to mask at least a RM3.2 billion bailout

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I had submitted a question last week to the Finance Minister, Dato’ Seri Najib Razak which only required a simple straightforward, possibly...
Thursday, February 09, 2017

Unlike DAP Parliamentary Leader Lim Kit Siang who believed that Dato’ Seri Salleh Keruak could be tutored by me on 1MDB, I believe that the Minister is untutorable because he can’t count

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DAP Parliamentary Leader Lim Kit Siang asked me to tutor Dato’ Seri Salleh Keruak on 1MDB yesterday. This was in response to the Communicat...
Sunday, January 08, 2017

Be it “Parker Randall” or “Afrizan Tarmili Khairul Azhar”, will new 1MDB auditors act as “independent auditors” in an objective, professional and timely manner?

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Scandal-ridden 1MDB has finally appointed new auditors to replace Deloitte Malaysia who resigned since the middle of last year.  Deloitte i...
Tuesday, October 25, 2016

Apa sebabnya Menteri Kewangan merahsiakan pengurus dana dan bank kustodian bagi pelaburan “unit” yang dikatakan bernilai US$940 juta?

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Laporan Ketua Audit Negara dan Laporan Jawatankuasa Kira-kira Wang Negara yang dibentangkan di Dewan Rakyat pada bulan April yang lalu telah...