Mudland tBoleh NEws #001 - Richest Mats in Mudland

http://www.freemalaysiatoday.com/category/nation/2012/09/19/taib-is-worth-rm45b-believe-it-or-not/



PETALING JAYA: Earlier today, Swiss-based NGO, Bruno Manser Fund (BMF), threw some light when it released its report: The Taib Timber Mafia. Facts and Figures on Politically Exposed Persons from Sarawak, Malaysia.

According to the report, Taib and his 20-member family clan are collectively worth US$21 billion (RM64 billion).

Taib himself is worth US$15 billion (RM45 billion) and, according to the report, “is the richest man in Malaysia”… his wealth having been derived from “plundering the state during his three decades as Chief Minister of Sarawak”.

It further explains why Umno and Prime Minister Najib Tun Razak cannot muscle old man Taib out of his decades-old political seat.

Also wallowing in wealth are Taib’s better known siblings Onn Mahmud, Tufail Mahmud, Raziah Mahmud and his children Mahmud Bekir, Sulaiman Rahman, Jamilah and Hanifah. Also in this elite loop is his first cousin Hamid Sepawi.

Lesser known to the masses are Taib’s 12 other clan members, also “business magnets” worth millions in US dollar.

These deals have raised considerable questions in Malaysia, not least following the publication of the long delayed financial report for 2013, which was finally released in May of this year.

As the respected business portal Kinibiz put it:

http://malaysiansmustknowthetruth.blogspot.sg/2014/08/exposed-did-najibs-son-riza-friend-jho.html


“Not only is the fund’s RM7-billion investment in the Cayman islands out of its control, but its RM877-million pre-tax profit for FY13 was merely paper gains as RM2.73 billion in property revaluation offset RM1.8 billion in actual losses. Impairment of goodwill is another cause for concern as far as 1MDB’s estimations are concerned, said new auditors Deloitte. And not only did 1MDB overpay by RM1.2 billion for its power assets, but it was revealed that Abu Dhabi entity Aabar Investments and Ananda Krishnan-linked Tanjong have an option to take up a substantial part of 1MDB’s power assets. These on top of 1MDB’s strangely huge RM23-billion cash pile against debts of RM36 billion. Is 1MDB a disaster unfolding before our very eyes” [Mkini Biz 1MDB: an unfolding disaster]

This highly advantageous situation of Aabar Investments towards 1MDB (which is chaired by Riza’s step-Dad, the Malaysian PM and Finance Minister Najib Raza) makes Riza’s special relationship with its CEO relevant.

U know what is the difference between these mats and chinks?the problem is they are just like us....they are greedy they love money and good food and expensive toys just like us....which is fine.but they are lazy and prefer stealing and stupid and cmi.

Its not like mats are holier and family oriented and more religious and more relax and chill.

frenchbriefs said:

U know what is the difference between these mats and chinks?the problem is they are just like us....they are greedy they love money and good food and expensive toys just like us....which is fine.but they are lazy and prefer stealing and stupid and cmi.

Its not like mats are holier and family oriented and more religious and more relax and chill.

Click to expand...

So Tonychat what are you going to do about it? Wait for 2018 again? No balls to protest and fuck your BN bosses?