Friday, March 24, 2017

Brits, Australians, need to be reminded of how and why they fought communist terrorists in Malaysia,and why that is relevant to fighting jihadis.

by Ganesh Sahathevan 


This comment from an article published on the RUSI website is typical of the type of analysis and commentary from British, Australian and other westerners on the matter of jihadism:

Ultimately, it is the reaction to the carnage which ‘makes’ the attack. An exaggerated response will increase the impact of the incident and give it undue importance.


The thinking here is that the  primary objective of the jihadi is to create fear that will then be turned into retaliation against Muslims ,and consequently division in  otherwise united multicultural societies. Apparently this is all that jihadis care about, and not their frequent and public calls for an international caliphate. 

In doing so commentators from the UK and Australia in particular seem to have forgotten their history, of fighting in the Malayan Emergency of 1948, against the communist terrorist. 
Then it was clearly understood that each incident had to be treated as part of an ongoing campaign to destabilize colonial rule in then Malaya,so that it might be replaced with a communist government. Central to the strategy was winning over the Chinese population to the course,and relying on their numbers for resources and an eventual popular uprising. The Briggs and Templer Plans were put in place to address these problems, and they did work well.

The Briggs and Templer Plans worked so well that the government of an independent Malaysia retained it far into the 70s to eventually wipe out the threat of communist terrorism. Singapore which later broke away from Malaysia has retained many of its features as part of its efforts to ensure that  the Muslim population is discouraged and prevented  from ever working with or for their worldwide  Muslim brethren who are not opposed to the founding of a caliphate, even if they may not condone acts of terrorism.
END 


Turnbull kowtows to Li Keqiang's gun boat diplomacy:China will do what it wants in the SCS,and Australia must accept Chinese investment

by Ganesh Sahathevan


Huang Xiangmo (left), a businessman and philanthropist, has donated large amounts to both major political parties.

Huang Xiangmo (left), a businessman and philanthropist, has donated large amounts to both major political parties.  Photo: Dominic Lorrimer


Chinese Premier Li Keqiang has done what few if any visiting leaders have ever dared: warned Australia that it must keep out of the South China Sea except when allowed to do so, and Australia must accept all and any forms of Chinese investment.

In response Australian PM Malcom Turnbull, who may well be compromised by his business interests and family ties, has reminded Australians of how lucky they are to have China as a trading partner.

Li's comments are reproduced below and readers can decide for themselves if this would have been tolerated of any visitor:

A)With regards the South China Sea, given that there is that Law Of The Sea decision against China that China will not accept:
“China pursues an independent foreign policy of peace and we pursue a national development path suited to our traditions. Likewise, we respect your choice in your foreign policy,” he told guests in Mandarin at a lunch inside federal parliament in Canberra.

B) With regards free trade, given that there is already a FTA between Australia and China:
“I come here for free trade. In the world protectionism is rising and there are more voices against economic globalisation.”

And then the warning: 
“We don’t want to see (Australia) taking sides, as happened during the Cold War,”

Does anyone really believe that simply ignoring all this and instead talking up  trade with China is in Australia's interest? If yes, perhaps those who hold that view might want to have a chat with one James Packer.....

END 



Stay out of China’s quarrels with US, Li Keqiang warns Australia


Premier Li Keqiang inspects an honour guard. Picture: Kym Smith
Premier Li Keqiang inspects an honour guard. Picture: Kym Smith

Mr Li and wife Cheng Hong are welcomed by Malcolm and Lucy Turnbull. Picture: Andrew Meares
Mr Li and wife Cheng Hong are welcomed by Malcolm and Lucy Turnbull. Picture: Andrew Meares

Mr Li discusses the merits of Australian reds at the official luncheon.
Mr Li discusses the merits of Australian reds at the official luncheon.

Premier Li Keqiang has warned Australia not to “take sides” in the increasing tensions between the China and the US, saying it could lead to a Cold War ­situation.
The message from China’s second most senior leader comes during new strains in the Australia-China relationship and a fierce domestic debate about whether Australia should reassess its American allegiance.
Canberra’s first ambassador to China Stephen FitzGerald has warned Australia would have no influence with China unless ties were strengthened with Asia’s superpower.
Mr Li said yesterday China would stay out of Australia’s ­affairs if Canberra stayed out of Beijing’s and warned against siding with the volatile Trump ­administration.
“We don’t want to see (Australia) taking sides, as happened during the Cold War,” he told politicians and Chinese and Australian business leaders.
The Premier encouraged Australia to respect China’s “development path” and stressed that his country sought “an independent foreign policy of peace”.
Mr Li confirmed Australian chilled beef exporters were expected to benefit from upgrades to the China-Australia trade relationship to be signed today, which could also consider changes to non-tariff barriers.
Meat industry executives are expecting China to allow more Australian plants to be licensed to export chilled beef to China.
Mr Li joked about being hungry for Australian beef after the headline of his opinion piece this week in The Australian. “The title of the article, it says ‘(boon) for beef market’. So, when I looked at the menu, I asked the waiter, ‘do you serve beef?’ And he said, ‘no, we have chicken for you’.”
Seeking to smooth recent tensions, Malcolm Turnbull said he wanted to “talk about our friendship, not test it” on Mr Li’s visit.
To the annoyance of China’s leadership, Australia has called on China to observe international law and stop militarisation of South China Sea islets. Foreign Minister Julie Bishop chided China on democracy in a recent Singapore speech, and the relationship was strained last year by Canberra blocking sales of agricultural and electricity assets to Chinese investors and the arrest of three Australian Crown Resorts employees.
The federal parliament is now considering a controversial extradition treaty with China, which opponents argue could be used to target Chinese dissidents living in Australia.
But Mr Turnbull said yesterday he wanted to discuss more Australia-China co-operation. Last year the University of NSW secured $30 million in funding from Chinese companies to build a new ­science precinct.
Chinese students in Canberra set up a welcoming party for Mr Li outside Parliament House yesterday, separated by a police barrier from pro-Tibetan supporters.


“(The Chinese embassy) didn’t organise it but they give us lots of support they gave us some funding for the flags and for the banners and for the food as well,” said Ping Lu, president of the China Student and Scholars Association at University of Canberra.


Wednesday, March 22, 2017

MO1 aka Captain aka Najib Razak: Jho Low's New Year 2017 greeting makes clear the leadership of the criminal enterprise that stole from 1MDB is well known,and known to many.

by Ganesh Sahathevan




The Wall Street Journal has  reported  that "the U.S. is preparing to charge financier Jho Low in Malaysian 1MDB Scandal ".

Part of the WSJ story includes this paragraph.


Weathering the Storm

Jho Low, a Malaysian financier suspected of playing a key role in an alleged looting of state fund 1Malaysia Development Bhd., or 1MDB, sent friends this New Year's greeting.

“2016 was the Perfect Storm; but the calmness and resolve

of our Captain, led his loyal Sailors whom placed their lives

with utmost trust in his leadership weathered the storm...”

“When the wind could not blow away their joint resilience,

the storm eventually passed, and the Captain simply adjusted

their sails effortlessly and continued their destined journey...”

“The men and women that came out of the storm were not

the same men that walk in. Through struggle, they established

new strengths they never knew they collectively had...”

“The very moment they were brought to their knees, and

their world was about to fall apart; their Captain’s exemplary

leadership guided them to safety
; and through this experience,

they achieve a new level of humility, nobility and higher

intelligence ready to set sail for greater achievements

in 2017 for their people
!”



Given the DOJ civil action in which Najib is obviously referred to as MO1,  it is hard to see who else Jho Low might be referring to when he refers to "our Captain".



“There are all these guys with their arrows out on me. There seems to be a very, very coordinated attempt to say: ‘This young Chinaman, it’s all his fault, he caused the failure of 1MDB and apparently he advised the PM and everything is screwed up now’.....All these guys go round and round and I say: ‘Guys, it’s very simple, there’s a board, who is the shareholder’? ”
“Are you telling me that the ministry, the Finance Minister, who is the Prime Minister — and there are only two to three people in the Finance Ministry that sign off on shareholder resolutions under law — that they just signed without evaluating it?”
The fact that the SMS was sent to a number of people with a simple reference to the "Captain" without further elaboration suggests that the fact of Najib's captaincy  is well known to a not small number. 
What is surprising, actually disturbing, is the tone of the SMS,which suggests that the 1MDB theft is actually part of an ongoing scheme which the thieves (or more accurately pirates) consider a legitimate financial transaction.

END 



Reference






UMNO Youth spinmasters making me 1MDB scapegoat, says Jho Low

KUALA LUMPUR — Businessman Low Taek Jho, better known as Jho Low, has made a stout defence of his role in 1Malaysia Development Berhad (1MDB), saying in an interview with business monthly Euromoney that the attacks against him are “crazy” and “ridiculous”.

April 15
KUALA LUMPUR — Businessman Low Taek Jho, better known as Jho Low, has made a stout defence of his role in 1Malaysia Development Berhad (1MDB), saying in an interview with business monthly Euromoney that the attacks against him are “crazy” and “ridiculous”.
The Hong Kong-based Mr Low, 33, told the magazine in its April edition: “There are so many other people who get away with ridiculous billions and billions worth of projects. But every single time there seems to be a political attack, wow, suddenly Jho is there again.”
In the interview conducted last month in Hong Kong, republished from Euromoney yesterday in Malaysia’s The Edge Financial Daily, Mr Low said he decided to speak out because the 1MDB issue had become ridiculous.
“There are all these guys with their arrows out on me. There seems to be a very, very coordinated attempt to say: ‘This young Chinaman, it’s all his fault, he caused the failure of 1MDB and apparently he advised the PM and everything is screwed up now’,” he was quoted as saying.
The wholly owned Finance Ministry investment vehicle, established in 2009, has recently come under fire for the firm’s allegedly opaque investment decisions and for amassing a reported RM42 billion (S$15.5 billion) debt pile.
The controversy centres on allegations that Mr Low diverted US$700 million (S$951 million) from 1MDB.
In the same interview, Mr Low also blamed the youth wing of the ruling United Malays National Organisation (UMNO) party for making him a scapegoat, and called UMNO leaders a bunch of “spinmasters”.
“All these guys go round and round and I say: ‘Guys, it’s very simple, there’s a board, who is the shareholder’? ”
“Are you telling me that the ministry, the Finance Minister, who is the Prime Minister — and there are only two to three people in the Finance Ministry that sign off on shareholder resolutions under law — that they just signed without evaluating it?”
Mr Low’s comments drew sharp rebuke from UMNO Youth Exco member Ibdillah Ishak, who said that Mr Low should not have accused UMNO of misrepresenting issues concerning the state investment vehicle.
“There is no need to defame UMNO leaders when you are facing such huge problems,” Mr Ibdillah said.
“It is as if he wants to get himself off the hook.”
Echoing UMNO Youth Chief Khairy Jamaluddin, who said Mr Low must be investigated over his role in 1MDB, Mr Ibdillah urged Prime Minister Najib Razak to expedite the probe on 1MDB and expand this to include Mr Low.
“We cannot wait any longer, this is a public matter ... If any individual is found to have committed a breach of trust, misappropriated public funds and more, they must be punished,” he added.
Mr Low also suggested his high-profile lifestyle was to blame for attacks against him.
“Because there are all these pictures of me and Paris Hilton drinking, then you play to the Bumiputera card, ‘Oh, the Chinaman stole all the money and blew it all on alcohol’.”
He added he did not fear arrest on his return to Malaysia, saying his biggest concern was that documents could be fabricated although he acknowledged he had no proof of such acts.
According to Euromoney, much of the speculation around Mr Low’s involvement in 1MDB relates to his role in its predecessor, the Terengganu Investment Authority, the state fund he devised with the state’s royals that was later taken over by the federal government.
Mr Low also insisted his links to 1MDB were either vicarious through the Middle Eastern investors he advises or informal in the form of casual consultations by the firm’s employees.
Mr Najib, who is chairman of 1MDB’s advisory board, last month ordered the Auditor-General and Public Accounts Committee to investigate 1MDB.
The move did not appease former Prime Minister Dr Mahathir Mohamad, who is critical of 1MDB and Mr Low’s alleged involvement with the firm. Dr Mahathir has launched high-profile criticism of Mr Najib and his administration over the issue.


.


Tuesday, March 21, 2017

The Low Family: A Billion Dollar Fortune Founded By Dato Low Meng Tak, But Only Larry Low ,His Children & Wife Claim To Be Beneficiaries Of The Family Fortune......

byy Ganesh Sahathevan



This was one of the earlier stories which attempted to explain Jho Low's sudden wealth:

THE Low family fortune was built by its patriarch the late Datuk Low Meng Tak. The family fortune was consolidated in 2008 into a global family trust for estate planning purposes.



The Low Family is extensive;




Yet it is only Larry Low and family who claim to be beneficiaries of the family assets. While it is true that the assets involved are held via different trusts, and while it may be possible that these assets were financed by Larry Low from his personal wealth, built on his entitlement or share of the earnings of the Low Meng Tuck global family trust, it is safe to say that only PM Najib and his loyal deputies believe that fairy tale.
END 


Monday, March 20, 2017

Is Singtel interfering in Australian politics to escape a $330 million ATO tax bill- Singtel Optus Chairman Paul O'Sullivan's letter demanding Turnbull legislate for same sex marriage may be seen as blackmail

by Ganesh Sahathevan 


Image result for optus  singtel

 Singtel Optus Chairman Paul O'Sullivan's letter demanding Prime Minister Malcolm Turnbull and his Liberal Party immediately  introduce laws that  would allow same sex marriage coincides with a AUD 330 million tax dispute between Singtel and the ATO.

Perception matters and Singtel's interference in Australian politics may be seen as an attempt to influence the outcome of its tax dispute. Disputes of this magnitude involve negotiations at the highest levels of government and the public  position Singtel has taken on a matter that may well cost Turnbull his job cannot but be seen as a form of blackmail.


END 

Reference 





SingTel fighting $330 million tax bill 

from 2001 Optus purchase


Singapore Telecommunications will "vigorously defend" a $326 million tax bill it received last week from the Australian Tax Office, dating back to its takeover of Optus in 2001 for $17.2 billion. 
This is the first time Singtel has revealed the size of the potential bill. Singapore Telecom Australia Investments Pty Ltd first received a tax position paper from ATO in late 2013, and then a Statement of Audit in late 2014.


In 2015, Singtel received a final Statement of Audit Position, and then in July this year it received the outcome of an Independent Review, an internal service offered by the ATO to large corporations.It informed shareholders in it's first quarter results that Singtel has not yet made a provision for the tax bill.
And then on Thursday Singtel noted in its quarterly results it may pay the tax bill from the current financial year's free cash flow. It estimates free cash flow of $1.4 billion, but a footnote added this figure is "excluding payment to the Australian Tax Office (ATO) in respect of the amended assessments received on 2 November 2016 from the determinations on the acquisition financing of Optus".
A spokeswoman confirmed it had received an updated assessment.
"The amended assessments amount to A$326 million, comprising primary tax of A$268 million and interest of A$58 million. We intend to vigorously defend the claim, including pursing all avenues of objection as appropriate," she said. A spokesperson for the ATO declined to comment on Singtel's case, but said it is "resolutely tackling tax avoidance and ensuring multinationals and large companies pay the right amount of tax in Australia". 
"We have been overt that we are actively pursuing intra-company financing and other arrangements multinationals and large companies put in place to avoid paying tax in Australia. The majority of large corporates pay the right amount of tax in Australia and are open and transparent in their dealings with us."


This is the second tax dispute involving the 2001 deal. Last year the ATO won a court case with the company that sold Optus to Singtel, Cable & Wireless, which wanted a $452.45 million tax refund.
The London-based Cable & Wireless sold it's 82 per cent stake in Optus to Singtel for $6.2 billion 15 years ago. It has been working for years to win the funds from the ATO, claiming that of the $586.9 million deposited with ANZ in September 2001 to pay tax to the Commonwealth of Australia, just $134.5 million was legal.