Police report on Sabah wealth as near gone

13Friday

Laporan Polis atas mewah Sabah dekat habis

Police report on Sabah wealth as near gone by Joshua Kong 7th July 2007


I want Police to do proper investigation on the following critical issues in Sabah.

2. With little timber left once the wealth of Sabah Foundation and related State companies or GLCs since established from USNO Government and oil fossil also depleting, we cannot leave everything to the successive Governments to be sure that our wealth is maintained. Actually Sabah wealth is near gone after 4 decades of mismanagement and little good investments left for the future.

3. It is noted that some investigations were conducted on Sabah Foundation under Datuk Syed Kechik, then under Tan Sri Ben Stephens, then under Datuk Dr. Jeffrey Kitingan but since 1994 no investigations or critical reviews were carried out although the article marked SW1-6 indicates some allegations of major irregularities. Go online for more pages. Such serious allegations must be cleared.

4. Warisan Harta Sabah Sdn Bhd also manages much of the State's resources and performance is lacking since 1995 based partially on an article SW7-10. Warisan Harta0 Sabah Sdn. Bhd. is very much involved with several major projects and one of that is its relationship and dealing direct or otherwise in the Saham Amanah Sabah which had incurred a loss of about RM400 m pages SW13-16 due to suspected manipulations of the market. Since 1997, a White Paper has not been produced.

5. It is also known that Police and ACA reports had been lodged against the present Chief Minister on corruption and abuses of power (SW17-18) when his office is based on a misconducted General Elections as per my Police and ACA report K'munsing/Rpt/10281/06 lodged on 26th December 2006. The property where the Sabah UMNO headquarters is also a subject of concern as far as the status of public donations and the land formerly owned by Sedco/Sudc pending a land title.

6. In view of the critical scenario of dwindling wealth of mainly timber & fossil oil, I have written a book "Sabah Wealth - the image of woods power" as attached and recent reported losses as threatening, hence proper investigation by a Commission of Inquiry is desirable to arrest the decline of resources, wealth, investments, economic opportunities for this and future gnerations especially many non genuine locals are managing these assets under an illegal Government

Kong Yun Chee@Joshua NB: The English version is the proper report for clarity.


Police Report - Karamunsing Rpt/010000/07 on 7/7/7.

13Friday

[b"Musa managed to build up the State's coffers from negative to more than RM2 billion in reserve蒩 record high never achieved before," said Sari.

A few weeks ago, it was RM1 billions but now RM2 billions - incredible.
How much does Sabah owes debtors in Court action and the water suppliers etc...

Actually a couple of billions is nothing when Federal Government owes Sabah at least RM40 billions.

13Fri






Chambers hope Musa stays CM
Kota Kinabalu: The three chambers of commerce in the State want Chief Minister Datuk Seri Musa Hj Aman to continue leading Sabah.

The Sabah United Chinese Chamber of Commerce (SUCCC), Sabah Bumiputra Chamber of Commerce (SBCC) and KadazanDusun Chamber of Commerce and Industry (KCCI) made this known to Musa during a courtesy call to brief him on the progress of the Borneo International Trade Fair from Sept. 6-9.

SUCCC President Datuk Seri Sari Nuar, speaking on behalf of the three chambers, said Musa, being successful in the corporate world before entering politics, has managed the State well and built up the State's coffers.

[b"Musa managed to build up the State's coffers from negative to more than RM2 billion in reserve蒩 record high never achieved before," said Sari.

Also present were SBCC President Datuk Ahmad Ali Lope, KCCI President Frederick Lojingki and officials of the three chambers.

Sari said the business community definitely would like to see the Barisan Nasional under the leadership of Musa continue to lead Sabah in the next election.

On the trade fair, Sari expressed his appreciation for full support from the State Government.

"Musa, who once led the SBCC, has a full understanding of the need for close cooperation between the Government and the business community," he said.

Musa approved an allocation of RM400,000 - with RM300,000 coming from the Chief Minister's Department and RM100,000 from the Industrial Development Ministry - for the trade fair which will be held at the Kota Kinabalu Sports Complex.

Musa said he was happy to see the three main chambers of commerce jointly organising an international trade fair which will help enhance the business network between local and foreign entrepreneurs as well as attract more investors to Sabah.

The Chief Minister also urged government agencies and the private sector to support the trade fair

[ Last edited by  13Friday at 14-7-2007 11:37 AM ]