Malaysians losing out PLUS to Mahathir and Daim for the FIFTH TIME
Malaysians To Get Liwatted For The FIFTH Time, PLUS 20 Years More Tolls !!
FOLKS did you know that PLUS does not have to pay corporate taxes??
PLUS has been tax exempt for a LONG time. Banyak cantik.
You and I have to pay toll to PLUS.
You and I also have to pay taxes.
Bear this in mind when you read the following.
We are going to be liwatted again.
This is from The Star. I have truncated the news for quick reading.
To add more clarity I have also substituted the word government with ‘TAXPAYER’.

four proposals by private entities for PLUS
If TAXPAYER sells PLUS to private entities, can they take over TAXPAYER guaranteed debt of RM11bil?
Or would they expect TAXPAYER to continue guaranteeing RM11b debt?
raises questions why TAXPAYER needs to guarantee RM11b debt
considering PLUS in private hands
“Should TAXPAYER own PLUS, issue of compensation, TAXPAYER guarantees and even concession periods no longer matter, ” said the source.
(OSTB : Obviously the source was a moron who knows nothing of business, economics, finance and taxpayers’ liability. And Star is printing this type of statement??)
PLUS’ cashflow is still strong, enough to service debts
- TAXPAYER has golden share in PLUS through MoF
- TAXPAYER veto power to wind up / dissolve PLUS
- cessation of TAXPAYER as largest shareholder via MoF, EPF, KNB constitutes default
- considerable comfort in TAXPAYER commitment to remain largest shareholder
- conditions for the PLUS deal to materialise
- TAXPAYER must not be burdened with further debt
- toll rates have to be reduced by at least 18%
- concession period cannot be extended more than 20 years
Wastage from maintenance contracts
TAXPAYERS can immediately rectify maintenance contracts
- TAXPAYER has golden share in PLUS through MoF
- TAXPAYER veto power to wind up / dissolve PLUS
- cessation of TAXPAYER as largest shareholder via MoF, EPF, KNB constitutes default
- considerable comfort in TAXPAYER commitment to remain largest shareholder
If the TAXPAYERS (via MoF, EPF and KNB) cease to be the single largest shareholders of PLUS then it is an event of default with the bankers, lenders and sukuk bondholders !!
The TAXPAYERS also have veto power to wind up or dissolve PLUS !!
Meaning we the TAXPAYERS already own 100% of PLUS.
Through EPF, KNB and the MoF.
So HOW CAN THE TAXPAYERS AGAIN BUY SOMETHING THAT THEY ALREADY OWN?
TAXPAYERS even have the veto power to voluntarily wind up and dissolve PLUS.
Now here is the really sicky, sicky very very sicky part.
THIS WILL BE FIFTH TIME THAT THE TAXPAYERS WILL BE PAYING FOR PLUS.
1. First time when the PLUS Hiway was completed for RM5.0 Billion or so (1989), it is we who have already been paying TENS OF BILLIONS OF RINGGIT IN TOLLS to pay for the hiway. Whichever way – it is we who paid.
2. Then according to The Star story above in 2011 UEM, EPF took over PLUS for RM23b. That was the 2nd time we the TAXPAYERS paid for PLUS. That was our money – TAXPAYERS MONEY AND PUBLIC MONEY (EPF).
Tuan – tuan, jangan jadi bodoh.
We already paid RM23 billion for PLUS in 2011.
3. And (No. 3) we still continued paying tolls after 2011. Billions of Ringgits in tolls.
4. Now FOR A FOURTH TIME they are saying that we the TAXPAYERS pay another RM34 billion (or whatever) to buy PLUS from ourselves pula (ie MoF buy from EPF and KNB).
5. And after that the TAXPAYERS will still continue paying tolls for another 20 years UP TO THE YEAR 2058 !! If I am alive I will be 98 years old then.
THAT WILL BE THE FIFTH TIME THE TAXPAYERS WILL BE PAYING FOR PLUS.
Because whether Halim Saad buys PLUS or Abu Sahid or Widad or the TAXPAYERS buy out PLUS it is we the TAXPAYERS who must pay for PLUS.
Either we pay directly through the toll gate or we pay taxes also directly to the LHDN (Lembaga Hasil Dalam Negeri).
BOTH WAYS THE PEOPLE STILL PAY.
The PLUS concession ends in 2038 ie 18 years away.
We have to pay tolls for 18 more years.
That is why I suggest that the government issue special Highway Bonds for say RM30 billion or whatever. The bonds can have a tenure of 18 years. The government can use our TAX PAYMENTS and settle the Highway Bonds over the next 18 years.
- AS I SAID IT IS STILL WE THE TAXPAYERS WHO MUST PAY.
- WE THE TAXPAYERS CANNOT RUN AWAY FROM PAYING.
- PAY TOLLS DIRECTLY OR PAY TAXES DIRECTLY IT IS WE WHO MUST PAY
Take the MONEY FROM THE Highway Bonds and pay off all of PLUS’ RM32b debts plus the repayment of the “unrecovered portions” of EPF and KNB’s original investment in PLUS (that initial RM23 Billion they paid in 2011).
Then PLUS is fully settled.
With that just abolish the tolls.
Then go and voluntarily wind up PLUS.
Can the government do that?
Yes they can. Here is how :
- government has golden share in PLUS through MoF
- government veto power to wind up / dissolve PLUS
The government has all the power.
Now will Dr Mahathir do that?
No he will not.
Why not?
Because as Abu Sahid of Maju Holdings has said PLUS is paying THREE TIMES the amount for the road maintenance contracts.
Money is being drained out of PLUS.
Despite RM4.0 Billion revenue in 2018 they made losses (more than RM44 million losses).
Obviously some people with heavy cables are making tons of money from PLUS.
Err . . .from you and me.
Dr Mahathir does not have your best interests at heart.

Very Common in all Government Schools
Student who sued teacher for 7-month absenteeism gets day in court this May
Licence to SUCK COCK
All 3 should resign immediately
AZMIN ALI KNEW THE TROUBLE HE IS IN IF CAUGHT.
BUT HE DOES NOT CARE KNOWING GODFATHER MAHATHIR HAS THE POWER TO THROW THE LAW INTO THE SHIT HOLE.
IGP HAMID THINKS MAHATHIR IS GOD, SO GOT TO OBEY LIKE A PARIAH DOG.
AG TOMMY BELIEVE HIS POSITION IS TO LISTEN AND OBEY WHAT MAHATHIR TELLS HIM TO DO. HIS CONSCIENCE HAS GONE TO THE DOGS.
BOTH IGP HAMID AND AG TOMMY CLAIMED TO BELIEVE AND ANSWERABLE TO GOD BUT TODAY BOTH HAVE SHOWN THEIR GOD TO BE MAHATHIR.
MAHATHIR HAS TO KNEEL DOWN ONE DAY TO BEG FOR FORGIVENESS FROM ANWAR AND FAMILY OTHERWISE HE WILL SUFFER GREATLY BEFORE DEATH.
MAHATHIR’S CHILDREN AND GRANDCHILDREN HAVE TO GO THROUGH HELL TO CLEANSE THEMSELVES OF THE BAD DNA.
IN GOD WE TRUST THAT BOTH IGP HAMID AND AG TOMMY WILL SUFFER GREATLY FOR THE INJUSTICE DONE TO ALL MALAYSIANS AND TO MALAYSIA.
AZMIN ALI DO NOT THINK FOR ONE SECOND YOU ARE UNTOUCHABLE, YOUR KARMA IS COMING AND YOU NEED NOT WAIT LONG.
THE 8TH PRIME MINISTER WILL MAKE SURE YOU GO STRAIGHT TO JAIL.
START COUNTING YOUR DAYS AND DO NOT THINK IT WILL BE ANWAR.
Which Crony Getting a Big Contract?
AG Tommy knows the rules of the game

My comments : So the video was clear enough to be identified as a sex video but the individual faces were not clear.
The AG Tommy Thomas should tell the public exactly which lab in the US was this video sent to? Was it a certified forensic lab? Meaning do they have the necessary qualifications for doing forensic video analysis?
I am assuming it was NOT the FBI forensics labs at Quantico in Virginia. Because the FBI can determine the identities of faces even from the blurriest and grainiest videos.
Here is something from the FBI’s website which is worth reading.

Clues Buried in Sounds and Images
02/12/10
The tapes were in bad shape, but that’s nothing new to Smith, whose job it is to repair and recover damaged media so the contents can aid investigators. Smith is one of 26 examiners who work in the FBI’s Digital Evidence Laboratory’s Forensic Audio, Video, and Image Analysis Unit. Based in Quantico, Virginia, the unit gets requests from all 56 field offices and our overseas offices, or legal attachés.
Here is one company that sells software which they claim can make clearer videos that are not clear. And they claim many successes. Go to this site.

Penang State Government and PDRM care to explain
Malaysian state launches facial recognition to CCTV network
IBM Shuts Down Intelligent Video Analytics




- One article from March 20 showed how IBM built an “Intelligent Operations Center” for authorities in the Philippines city of Davao, raising fears that IBM’s analytics were used for extrajudicial killings. (For more, see IPVM’s coverage: IBM / Genetec Surveillance System Investigated Over Philippines Human Rights Abuses).
- The other Intercept piece, from last September, exposed how IBM used NYPD surveillance camera footage to “develop technology that lets police search by skin color”, raising racism/bias concerns.
We don’t comment on market rumors and speculation

BIG FAT FOOL
I have won, says lawyer who complained about CNY decorations in school

Malaysians are lied to once again

PICTURES AND VIDEO ARE VERY VERY CLEAR.
BUT MAHATHIR IS NOT CLEAR IN THE MIND.
IGP AND PDRM ARE NOT CLEAR IN THEIR DUTY.
AG IS NOT CLEAR WHO IS PAYING HIS SALARY.
I AM VERY CLEAR CHINA CAN DO A BETTER JOB OF IDENTIFYING AZMIN ALI AND HAZIQ FACIAL ESPECIALLY THE NIPPLE.
MALAYSIA ECONOMY HAS GONE DOWN THE DRAIN BECAUSE AZMIN ALI HAS BEEN SPENDING MORE TIME SUCKING COCK THAN BRINGING IN INVESTORS.
MAHATHIR SPENDS TOO MUCH TIME BEING A BUSYBODY AND HAVING HIS COCK SUCK BY AZMIN ALI.
SO AS LONG AS MAHATHIR IS THE PRIME MINISTER AND AZMIN ALI THE ECONOMY MINISTER DO NOT EXPECT INVESTORS TO COME TO MALAYSIA.
ONCE AGAIN PDRM ESPECIALLY IGP HAMID AND AG TOMMY HAVE SHOWN US THAT THEY ARE NOT TRUST WORTHY AND HONOURABLE TO CARRY OUT THEIR DUTY.
MALAYSIANS DEMAND MAHATHIR, AG AND IGP TO RESIGN IMMEDIATELY.
WILL AGONG LISTEN TO THE RAKYAT??????????



