The above thread clearly shows that you insulted the Sultan. Regret now? Dont have the guts to admit it? Be a man ..... just apologise and move on if you still call yourself a Malaysian. Frankly, your sarcasm have came back to haunt you......
Happy reading and form your own opinions. Click the links and read the full articles.
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Malay rulers should not be involved in business deals as their stature would give them preferential treatment and allow them to be taken advantage of, said former premier Tun Dr Mahathir Mohamad (pic).
He told online news portal The Mole that the rulers' attempt to interfere in state administration and business was a violation of the Federal Constitution and must be stopped.
“We have provided laws and designated our rulers as Constitutional Monarchs. But along the way, they (rulers) do something which is not within their realms. They go and do something and we say nothing," Dr Mahathir was quoted as saying.
"They go on to do more and more until they become businessmen. They make bids for projects... of course they are highly respected and people don't turn them down easily.”
He said other people found it difficult to do business as they were unable to compete against the rulers.
"So it becomes necessary to point out this thing. It's very unpleasant because I respect the rulers.
"They are our rulers, but unless you put a stop to this practice, there'll be other people who'll want to make use of the rulers for their own purpose.”
Dr Mahathir was responding to the controversial Johor Housing and Property Bill, which had originally given the Sultan of Johor executive powers in the state administration.
- See more at:
http://www.themalaysianinsider.com/...tration-says-dr-mahathir#sthash.VDt4yqDI.dpuf
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Has Sultan Ibrahim of Johor’s succession of big money deals over the last six months caused the tide of public opinion to turn against Johor’s royal palace? KiniBiz examines the roots of the public backlash in a three-part series.
http://www.kinibiz.com/story/issues/90213/sultan-of-johor’s-rm4.5-billion-backlash.html
A quiet storm has been growing over the Sultan Ibrahim Ismail’s increased commercial dealings and business interests.
It looks to have come to a head with strong public and political opposition to Johor’s new Housing and Real Property Board Bill that was initiated to give the Sultan of Johor sweeping executive powers in the property industry. KiniBiz will examine that issue further tomorrow.
Many observers cite the Sultan’s sale of 116-acres of prime land in Johor Bahru last December to China developers Guangzhou R&F last year as a major turning point.
The deal pocketed the Sultan RM4.5 billion. Although scant details have been released, unconfirmed sources told KiniBiz that much of it is prime land in the Johor Bahru (JB) city centre and seafront designated as development zones in the Iskandar region.
Sources also told KiniBiz that the land was alienated to the Sultan of Johor by the state government for a lot less than the sale price. KiniBiz has not been able to verify this independently.
It is not known whether the Sultan has any stake in the mixed developments to be undertaken on this land bank.
The China angle
The special economic zone of Iskandar has been buzzing with big Chinese mainland developers such as Country Garden constructing projects on a massive scale that has dwarfed other local developments.
The Sultan’s RM4.5 billion land sale to China developers clearly ruffled some feathers, not least among local developers who are worried that the local market could be swamped with units made by China developers and cause a property glut.
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https://dinmerican.wordpress.com/20...ver-johor-sultans-commercial-dealings-part-1/
Fear factor
The Sultan of Johor is often treated with a mixture of respect, awe and even fear especially among Johorians. Open criticism of the Sultan is seen as social taboo. Local professionals and businessmen keep their lips pursed for fear of repercussions.
“Yes, there definitely is a fear factor,” said a local Johor businessman who did not want to be named.Things could slowly be changing with the furore over the housing bill.
“With all due respect, he (the Sultan) shouldn’t be involved in business. This is the first Sultan known to Malaysians to sell land to China. And it is prime city land. It is unprecedented. Even the previous late Sultan Iskandar (Sultan Ibrahim’s father whom the Iskandar region was named after) did not engage in such public business dealings,” said a practicing lawyer in Johor who spoke on condition of anonymity.
In theory, the RM4.5 billion land sale to Guangzhou R&F alone could place Sultan Ibrahim among the richest men in Malays