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Living in JB
- Thread starter wuqi256
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You are a high achiever. Cheers!
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last person to post here before 2011 ends will get a free kiss from (to be edited).
- Joined
- May 22, 2011
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Let's look back at 2006 to 2011 and see how much has changed
http://www.iskandarmalaysia.com.my/pdf/five-year-progress-report.pdf
http://www.iskandarmalaysia.com.my/pdf/five-year-progress-report.pdf
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brother Yonglip, its logical to have one more link on the Eastern side - complete the symmetry mah
I think the underground link will be quite similar to the one linking HK island and Kowloon... hopefully not too complex for them.
Reminds one of Mid-land UK... come to think about it, is malaysia about the same size as UK ? wow
Malaysia is a very blessed land. God gift therefore must do good with it. Make it sustainable and not growth at all cost and exhaust its rich resources.- Joined
- May 22, 2011
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Cast in Iskandar graft scandal growing
http://www.thejakartapost.com/news/2011/12/30/cast-iskandar-graft-scandal-growing.html
Carolyn Hong (The Straits Times), The Asia News Network, Kuala Lumpur, Malaysia | Fri, 12/30/2011 10:21 AM
A | A | A |
A corruption scandal in Malaysia's premier Iskandar Development Region in south Johor appears to be growing, with several foreigners said to be involved, including Singaporeans.
The anti-graft authorities have asked over 30 foreign witnesses to give evidence in an ongoing probe that has already seen several charges being filed in court against two persons this week, Malaysian press reported Thursday.
Utusan Malaysia, quoting sources, said the witnesses are from Singapore, Switzerland, Pakistan, India and Saudi Arabia.
The New Straits Times (NST), also quoting sources, reported that the foreigners were working hand in glove with officials of state-owned property developer Iskandar Investment (IIB) for hefty kickbacks for projects secured.
It claimed that these middlemen, who were sourcing for foreign investments, had contracts with several IIB subsidiary companies to secure commissions of up to 30 per cent of the project value.
Each side would get a share of this commission, a mechanism which the Malaysian Anti-Corruption Commission (MACC) reportedly described as a means to legalize corruption.
The NST said this had inflated the cost of some projects. Reports also say several more charges are expected to be filed next week, with those under investigation said to include a former official who held a top post in IIB, a "Datuk" businessman and several serving IIB officials.
"MACC is expected to recommend charges against a wide range of individuals, from IIB officers to runners and contractors," a source told the NST.
When contacted, MACC's director of investigations Mustafar Ali declined to confirm if more charges would be brought to court, or if any Singaporeans were being sought as witnesses.
If there was a need for the latter's evidence, he said, MACC would take the normal procedure of seeking the assistance of the Singapore authorities.
This week, two people were charged in relation to the scandal.
One was Mohd Amin Suhaimi, 52, the husband of ex-IIB chief executive Arlida Ariff. He was charged with three counts of soliciting and accepting bribes amounting to RM1.6 million (US$504,000) to help a company secure a school construction tender last year.
The other was former senior IIB vice-president Rostam Razali, 51, who is accused of disclosing information on the estimated tender price of a road project three years ago.
The allegations of graft first came to light at the end of last year, when an internal audit turned up irregularities.
According to local media reports, whistle-blowers and business partners had then complained about alleged kickbacks, inflated costs and questionable procurement procedures.
Allegations were also made about infrastructure projects being awarded to relatives of senior IIB executives.
Madam Arlida, who was seen as a competent technocrat, was replaced before her contract ended in December last year, but no reasons were given. She was, however, not implicated in the auditors' findings.
The high-profile IIB was set up in 2006 to undertake "catalyst developments" to spur further investments in Iskandar, which is to be a new driver of growth in Malaysia.
State investment arm Khazanah Nasional owns a 60 per cent stake in IIB, with the Employees Provident Fund and Kumpulan Prasarana Rakyat Johor each holding 20 per cent.
The Iskandar region, which is three times the size of Singapore, aims to leverage its proximity to the Republic by drawing a spillover of investments. Several major developments are slated to open next year, including a Legoland theme park.
http://www.thejakartapost.com/news/2011/12/30/cast-iskandar-graft-scandal-growing.html
Carolyn Hong (The Straits Times), The Asia News Network, Kuala Lumpur, Malaysia | Fri, 12/30/2011 10:21 AM
A | A | A |
A corruption scandal in Malaysia's premier Iskandar Development Region in south Johor appears to be growing, with several foreigners said to be involved, including Singaporeans.
The anti-graft authorities have asked over 30 foreign witnesses to give evidence in an ongoing probe that has already seen several charges being filed in court against two persons this week, Malaysian press reported Thursday.
Utusan Malaysia, quoting sources, said the witnesses are from Singapore, Switzerland, Pakistan, India and Saudi Arabia.
The New Straits Times (NST), also quoting sources, reported that the foreigners were working hand in glove with officials of state-owned property developer Iskandar Investment (IIB) for hefty kickbacks for projects secured.
It claimed that these middlemen, who were sourcing for foreign investments, had contracts with several IIB subsidiary companies to secure commissions of up to 30 per cent of the project value.
Each side would get a share of this commission, a mechanism which the Malaysian Anti-Corruption Commission (MACC) reportedly described as a means to legalize corruption.
The NST said this had inflated the cost of some projects. Reports also say several more charges are expected to be filed next week, with those under investigation said to include a former official who held a top post in IIB, a "Datuk" businessman and several serving IIB officials.
"MACC is expected to recommend charges against a wide range of individuals, from IIB officers to runners and contractors," a source told the NST.
When contacted, MACC's director of investigations Mustafar Ali declined to confirm if more charges would be brought to court, or if any Singaporeans were being sought as witnesses.
If there was a need for the latter's evidence, he said, MACC would take the normal procedure of seeking the assistance of the Singapore authorities.
This week, two people were charged in relation to the scandal.
One was Mohd Amin Suhaimi, 52, the husband of ex-IIB chief executive Arlida Ariff. He was charged with three counts of soliciting and accepting bribes amounting to RM1.6 million (US$504,000) to help a company secure a school construction tender last year.
The other was former senior IIB vice-president Rostam Razali, 51, who is accused of disclosing information on the estimated tender price of a road project three years ago.
The allegations of graft first came to light at the end of last year, when an internal audit turned up irregularities.
According to local media reports, whistle-blowers and business partners had then complained about alleged kickbacks, inflated costs and questionable procurement procedures.
Allegations were also made about infrastructure projects being awarded to relatives of senior IIB executives.
Madam Arlida, who was seen as a competent technocrat, was replaced before her contract ended in December last year, but no reasons were given. She was, however, not implicated in the auditors' findings.
The high-profile IIB was set up in 2006 to undertake "catalyst developments" to spur further investments in Iskandar, which is to be a new driver of growth in Malaysia.
State investment arm Khazanah Nasional owns a 60 per cent stake in IIB, with the Employees Provident Fund and Kumpulan Prasarana Rakyat Johor each holding 20 per cent.
The Iskandar region, which is three times the size of Singapore, aims to leverage its proximity to the Republic by drawing a spillover of investments. Several major developments are slated to open next year, including a Legoland theme park.
thanks sister.- Joined
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Don't see an issue. 10 years older, 10 years wiser lol .... I just have a feeling that u will curse and swear tomorrow for getting stuck in traffic lol
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I think it's do-able leh ... These tamans are all nearby. One hour per stop, still have time for lunch dinner and movie, then firework and champagne. Great program 
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I think it's good news. Shows that they are on the ball and this will help regulate things a bit ...
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I have to check with my the other 2mil+ shareholders. Please give me some time.
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Okay boss. Dont take too long and keep me in suspense. I'm willing to double my stake if need be lol
I think it's do-able leh ... These tamans are all nearby. One hour per stop, still have time for lunch dinner and movie, then firework and champagne. Great program
wow brother you are young blooded full of energy yeah
to avoid the jam set off and reach the tuas 2nd link before 7.45am, Singapore side. Have an early nite tonite. Here's wishing you success in your purchase, good health, happiness and peace for the new year Reminds one of Mid-land UK... come to think about it, is malaysia about the same size as UK ? wow
KL = london
Penang = scotland
JB = dover??? cornwall???
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You have a good heart, i am sure you, your sister and your family will like it here. I wish i had your sister though, thats all i can say. :(
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Wow, this thread is sure moving on fast. Yeah, had a bit of enquiries on my ND and HH houses lately, politely referred to one of my friends who is still on the fence to sell or not. Meanwhile, my neighbour refused an offer of 1.1 and another refused 1.22 m. Both semi d.
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