Saturday, January 8, 2011

Nazir Razak and his EPF thief

How much power and money does Nazir Razak really want?
He has been actively selling himself the past few years and pushing his way around town based on the fact that he is the PM's brother.
Yes sure he talks about merit and all that but truth is he is a typical Umno elite type who is depending on his big brother for handouts.
The latest thing he is lobbying abang Najib for is for Tan Sri Azlan Zainol to be retained as EPF CEO.
His retirement date is a few months away but Tan Sri Azlan Zainol has been lobbying like crazy to get a two year extension.
Guess who is trying to make it happen?
Nazir of course lah.
The banker has been Azlan's chief lobbyist
There is a very good reason for this - good for Nazir that is.

During Azlan's time in charge at the EPF, he abdicated the pension fund to Nazir.
Yes it is really Nazir who calls the shots on the EPF investment panel. 
What is happening is that all CIMB's clients which need EPF investment get a fress pass. 
It has been like this for a few years.
Nazir is Najib's brother so does anyone dare to question any deal?
Does anyone even dare to ask the abang what the adik is doing? 
It is an open secret tat Nazir runs the EPF. 
He has even blocked a number of deals not handled by his CIMB.
But he knows that his control of the EPF could come to an end when Azlan retires. 
A new man may not be so compliant and may not give all the plum deals that go through EPF to CIMB.
So little birds in Putrajaya are hearing that he has been canvassing abang for Azlan.
Azlan has publicly told people he wants to retire but he has been clamouring for an extension of two years.
This is the chap who approved the questionable 1 billion pound purchase of a property in London and has been involved in many dirty deals with his honcho Johari.
Now Azlan wants to stay on because he wants to make even more money from the privatisation of the rubber research land in sg buloh.
Makes you wonder how much is enough for these guys.

Wednesday, October 6, 2010

Nazir goes to war and Najib may lose

1. Najib's weak link is not his wife but his youngest brother Nazir Razak, the wonder banker who can do no wrong and who says he does not need help.

2. Nazir sits on the EPF investment panel, nd guess what? He has been pushing for EPF to get involve in projects with his clients. 

3. All the while Azlan Zainol the big man at epf is keeping silent because he does not want to upset Najib and reducing his chances of getting renewed.

4. But Azlan cannot hold his peace anymore.

5. It is confirmed that Azlan will leave next year so he is telling anyone who will listen and complaining about how Nazir has been using Jibby's influence to push through investments important to cimb and nazir while sitting on the epf investment panel.

6. Same story at Ministry of Finance. Datuk Puteh, Datuk Zulaikha and the secretary-general of treasury Tan Sri Aziz have been conducting a whispering campaign against Nazir n CIMB. 

7. They say they feel pressured to give CIMB all the MOF's business, the latest being the rm800 million Sukuk Bonds.

8. Whenever word spreads that MOF is thinking of spreading the business to other banks, they get a call from Nazir or one of his guys at cimb, dropping big brother's name.

9. With elections around the corner, Najib is courting disaster by making civil servants angry at the growing influence of his brother.

10. Worse still Nazir feels slighted by Dr Mahathir and has started a campaign to discredit the former pm and block any investments from Mahathir's cronies like Syed Mokhtar and Daim Zainuddin.

11. To go to war with Dr Mahathir, he has the help of his good friend Khazanah boss Azman Mokhtar. 

12. Azman will block Syed Mokhtar's bid for UEM and has also blocked Daim's move to privatise PLUS.

13. Nazir is upset Dr Mahathir blasted him for questioning the NEP. 

14. He is also upset that mahathir has started digging up info on the billions in fees cimb has made in pushing deals at the expense of the country. 

15. At a meeting two weeks ago, Mahathir told Najib that Nazir was a weak link.

16. Now Nazir is hitting back, funding a campaign to discredit Mahathir. 

17. He has hired international pr outfit to dig up dirt on Mahathir and his son, Mokhzani.

18. This has consequences for Najib because he may be old but Dr Mahathir is a fighter. 

19. Now that Nazir is gunning after Dr Mahathir, there is nothing stopping Dr Mahathir from unleashing hell on Nazir and his protector Najib.

Thursday, September 30, 2010

Desmond Lim - the new Chinaman kingpin of Putrajaya

1. There is one man pushing his way around the corridors of Putrajaya, telling everyone he has the approval of Datuk Seri Najib Tun Razak.
2. His name is Datuk Desmond Lim.
3. Most people on the street will say Desmond who? 
4. This low-profile businessman has powerful backers, many of them in Umno.
5. In fact, many people say he has now edged out raja judi Vincent Tan, Low Taek Jho and Tan Kay Hock.
6. Lim and wife Cindy are the new powerbroker in Putrajaya.
7. Before now, he was only known as the biggest shareholder in Malton, the company that bailed out Patrick Lim and the fantastic Penang Global City Centre.
8. He was also the middleman in the scandal to buy locomotive engines from Communist China.
9. But this man is not contended after making so much money. He is now about to snap up several pieces of prime property.
10. Desmond, whose wife is close to the first family, is eyeing a prized piece of land near Pavilion and in Bangsar. 
11. You may say so what? Anyone can buy land right?

12. But all this land is owned by the government.

13. My little birds say Desmond is now pulling cables to get the two parcels without any tender.
14. Datuk Desmond Lim is also behind the deal to tak over sungai besi air base, which has cused unhapiness among rmaf top brass. But this man is now the kingpin so government servnts have no choice but to follow his wishes.
15. Word is he also wants to have a slice of Bakun. Notice that the government has not made a final decision yet on the sale of Bakun. Wonder why?
16. Datuk Desmond Lim has the backing of powerful Qatar government and together with his Arab friends they are buying up Malaysia.

17. So ordinary rakyat should start looking closely at this man who is using his cables be a major powerbroker.
18. Here's a clue to what else he has in his sights lah - GA__D_  Watch this space for more news about Desmond and Cindy.