MALAYSIA Tanah Tumpah Darahku



Sunday, December 30, 2012

The more they cover up, the worse it gets

YOURSAY 'My God, what a scandal if what has been revealed by Deepak is true. This is daylight robbery and we taxpayers are made to pay.'

I was forced to sell off my company, says Deepak

your sayUnspin: In order to make our stock exchange more attractive to investors, Bursa Malaysia has taken several steps forward by introducing world-class corporate governance practices in its listing requirements.

Boustead Holding's opaque deals with Astacanggih and Awan Megah make a mockery out of Bursa Malaysia's corporate governance guidelines and will take the stock exchange several steps backwards.

In addition to PDRM (Royal Malaysian Police) and MACC (Malaysian Anti-Corruption Commission) closing two blind eyes to this matter, the Securities Commission and Bursa Malaysia are now dragged into this unsavoury saga.

Even if BN wins the next election, PM Najib Razak cannot continue to be our prime minister because he has caused great damage and embarrassment to all Malaysians.

Vijay47: All this is well and good but perhaps carpet trader Deepak Jaikishan will share with us how he was "forced to sell off my company" and who had forced him.

Only recently, he was so outraged and furious over how he got cheated of millions and how determined he was to take the cheats to court and get justice. Now suddenly he withdrew his suit and actually settled the matter, taking a bath for RM20-30 million in the process.

I am sure he wouldn't mind telling us who the latest crooks are and why he buckled. There is nothing to be frightened of. After all, he has already fingered the highest in the land.

Starr: Every man has a price, nobody can be 'forced' into doing something against his/her own will.

Selling his company's shares for RM30 million to a government-controlled company at a time of his serialised expose surrounding the controversial private eye P Balasubramaniam's second statutory declaration has left a 'bitter taste' in the mouth, to say the least.

This has called into doubt as to the real motive behind Deepak's public expose - is it for justice or selfish business interest? Is Deepak not actually benefitting from his alleged adversaries in the government?

As the saying goes, 'politics and business make strange bedfellows'.

Changeagent: Deepak's gripe is that instead of breaking even for Astacanggih's RM30 million outlay, he wanted the RM57.5 million profit that Selangor Umno Wanita chief Raja Ropiaah Abdullah made from selling 200-acre land that was 'supposedly' his.
My question to him then is why did he so abruptly withdraw his lawsuit against Raja Ropiaah for the plot of land? Why come crying to Malaysiakini now that he had decided to settle with Defence Ministry agency Lembaga Tabung Angkatan Tentera (LTAT) for RM30 million?

Surely, he must know that he can't have his cake and eat it too.

AR47: My God, what a scandal if what has been revealed by Deepak is true. This is daylight robbery and we taxpayers are made to pay by this corrupt government.

Where is the MACC and the de facto law minister? They have remained silent.

No wonder we are ranked as one of the most corrupted countries. Why talk of good corporate governance among the listed companies when the directors of Boustead condoned this deal?

Joe Fernandez: If the government can pay through its nose for Deepak's worthless company, it should extend the same privilege to others.

Don't Just Talk: Where are the retired Armed Forces personnel who gyrate and shake their butts in front of S Ambiga's house in the aftermath of the Bersih 3.0 rally?

They should proceed to the house of Raja Ropiaah to vent their anger for short-changing LTAT.

FellowMalaysian: Such a blatant and lucid disclosure of subterfuge where the loser is obviously the Defence Ministry, and MACC keeps mum? MACC has no bloody guts to touch where Umno high-flyers are involved.

DR.JAG#04496187: Deepak does not seem to be expressing moral anger or repulsion. It's all about pecuniary pursuits; the manner or mode in which he gained or lost; and what's in the kitty for him for the future.

With such motives, it's time for open-court surgery if there is a competent court left in our country.

Hermit: Deepak, a one-time carpet dealer transformed into landed property agent, while Zahid Hamidi, an Umno defence minister, is transformed into a carpet cleaner.
Bitter over land deal, Deepak vows to continue expose

Pemerhati: It looks like a frustrated and angry Deepak is trying to frighten Najib by threatening to reveal information that would be damaging to him and thus hoping that the PM would pay him to buy his silence.

If in the future Deepak spills the beans, then we can assume that Najib refused to be cowed by Deepak's threats. But if Deepak comes up with some excuse to not reveal the truth or comes up with some peculiar story, it will indicate that Najib has bought Deepak's silence.

Jagara: It is good that Deepak is coming out to expose all this even though he seems to be playing some game by holding back and dishing out his exposures in instalments, probably still hoping for some compromise from Najib and his wife, Rosmah Mansor.

It is quite simply the falling out of thieves - and this exposure is good, otherwise how do you expect the cat or is it the rat to come out of the bag? It takes a thief to expose another, as it also takes one to catch the other.

But of course, the police and MACC won't investigate as they are all, just like Umno which has tainted all the institutions of this country, corrupt to the core. What hope is there for this country?

Abasir: The coming election will be about one issue only: whether Malaysians should continue to be governed by a corrupt regime led by a shady character with a questionable present and past.

Anonymous_3e21: Mr Prime Minister, how come you allow this man to make so many serious allegations without you responding to it? - Malaysiakini

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