We have so many poor citizens in our own country.
umno can only thinks of helping a hooker in England.

We have so many poor citizens in our own country.
bn can only thinks of spending millions to “Buy-Election”.

KL Cityhall has many JV with developers. What happen to income of the condominiums they sold? Can we have some breakdowns of the income and expenses of the JV with private developers?

Article 1

http://www.washingtonpost.com/wp-dyn/content/article/2009/01/10/AR2009011002236_2.html

The article above (last paragraph on the 2nd has more details), indicates there is a network of companies in Malaysia aiding Iran to get banned US technology.

See quote below

By 2007, the Dubai-based operation had been almost entirely replaced by the Malaysian networks, the ISIS study found. Yet, while perhaps less conspicuous than before, the Dubai network probably continues to exist, though in a different form. Typically, the new front companies will not be discovered until long after crucial technology has left American shores aboard ships ultimately bound for Iran, Albright said.

Article 2

In a rather longish article in the New York Times, I came across a reference to a Malaysia company, the Malaysian Smelting Co. this is a company listed on the KLSE but it looks like the majority shareholders are Singaporeans.

The relevant page is below.

http://www.nytimes.com/2008/11/16/world/africa/16congo.html?pagewanted=4

on the 2nd last paragraph on this page, it implies that Malaysian Smelting Company is buying Tin from international brokers who source from the conflict zone in Congo.

the exact extract is :-

The flights land in Goma, the provincial capital, where other middlemen buy and process the ore for export. Alexis Makabuza’s Global Mining Company is one of these buyers. Amid the sorting and cleaning equipment of his rudimentary processing plant sit dozens of barrels of tin ore. On each is stenciled the address of Malaysian Smelting Company Berhad, a major tin smelter. Mr. Makabuza said he sold to the company via a minerals broker.

Further reference to Malaysian companies buying tin from warlords in the Congo is here from the BBC

http://news.bbc.co.uk/2/hi/business/7723988.stm

The extract from the BBC article is below :-

Located predominantly in India, China, Malaysia and Thailand, these smelters sell tin to component manufacturers.

So while Malaysian Smelting Co buys from an international broker, it can request that they not source from Congo. If you read the entire article you will realise that buying these ore’s are only lining the pockets of these warlords and destabilising the country.

I e-mailed the company but they have not replied. I would have not replied too in similar circumstances.

It really disturbs me to know that so many Malaysians still suffer in silence; whose plights would never be heard and their hope for aid to never arrive. What irks me even more is how Government can be such poor stewards of our finances… buying that worthless piece of space shuttle debris from the ANgkasawan programme for example… Even now, there is much debate embroiled on the new airport that AirAsia and Sime Darby want so badly. How can we aimlessly be spending that much money and not consider the greater good that could come out of these amounts of money! People like Marry would only need but a fraction of the amount we’re talking about to live a significantly better life. It’s plain injustice. I seriouly hope that this lacking of stewardship will be raised soon. In fact, by the next Parliament hearing, things might already be too late. Please, do speak for us.