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Najib implicated in funneling funds into personal a/c

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You think Rosy go barrel shopping???  [lipsrsealed]  [rolleyes]

 

Haha it was alleged not by me that she use high explosives from the army to blow up some model from Mongolia.

 

I know Rosy very well and of course she didn't do it.

 

:D

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Haha it was alleged not by me that she use high explosives from the army to blow up some model from Mongolia.

 

I know Rosy very well and of course she didn't do it.

 

:D

Dont know bro... see her abang with a syt muack muack hey sio hey sio.... dont think any woman can take it... your good friend ah jib need to be careful who he employ as his PA... kena bao tou....

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When is najib going to jail? Seems to be dragging on forever

 

 

   Looks like more of a holiday resort in 6 stars Otel le [laugh]

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D does this belong here?

 

 

KUALA LUMPUR, July 13 — Putrajaya has reportedly seized more than RM1 billion of funds held by China Petroleum Pipeline Engineering Ltd (CPP), amid a dispute involving billion-ringgit pipeline projects here that was suspended since last year.

 

Singapore’s Straits Times (ST) cited sources saying that earlier this month, the federal government ordered banking giant HSBC to transfer the funds in CPP’s Malaysian account to a company owned by the Ministry of Finance, Suria Strategic Energy Resources Sdn Bhd (SSER).

 

“CPP firmly abides with the laws of Malaysia and is perplexed by the unilateral transfer of monies without notifying CPP,” the company was reported telling ST.

 

“Once we have further information, CPP will take the necessary and appropriate actions to protect its rights. We hope that our Malaysian counterparts can resolve this with us through amicable means.”

 

HSBC’s Kuala Lumpur branch however declined to comment over the report.

 

In May, Putrajaya said it is now negotiating with China-based contractors on the total compensation amount to be paid by SSER, following the cancellation of the RM9.4 billion pipeline.

 

SSER was incorporated as a wholly-owned unit of the Finance Ministry in 2016 to undertake two projects: the Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP).

 

Both contracts were awarded to China Petroleum Pipeline Bureau in November 2016 in contracts signed by former Treasury secretary-general Tan Sri Irwan Serigar, who is also SSER chairman.

 

In June last year, Lim revealed that the government had paid RM8.3 billion for the two projects worth RM9.4 billion despite only completing 13 per cent of the work.

 

Subsequently, the projects’ engineering, procurement, construction and commissioning contracts and other associated contracts have been terminated in August last year. Together, all the contracts were valued at RM10.4 billion.

 

CPP had previously said it would negotiate with Malaysia for reasonable compensation over the cancelled projects.

 

 

 

The MPP is a RM5.35 billion project to build a 600km oil pipeline from Jitra to Port Dickson while the TSGP is a 662km gas line connecting the Kimanis Gas Terminal to Sandakan and Tawau at a cost of RM4.06 billion.

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When will the hollywood movie come out, about a certain MY PM?. [:p]

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When will the hollywood movie come out, about a certain MY PM?. [:p]

 

Is it this movie?

post-190166-0-85880900-1564282025.png

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Yes they sign a contract that should be paid based on work done.

 

But only do about 13% and got about 85% paid. 

 

Really good deal.

 

:D

 

The only problem was after getting paid should have faster take the money

 

out of Msia. So silly to leave the money in Boleh land.

 

Now kenna confiscated.

 

D does this belong here?


KUALA LUMPUR, July 13 — Putrajaya has reportedly seized more than RM1 billion of funds held by China Petroleum Pipeline Engineering Ltd (CPP), amid a dispute involving billion-ringgit pipeline projects here that was suspended since last year.

Singapore’s Straits Times (ST) cited sources saying that earlier this month, the federal government ordered banking giant HSBC to transfer the funds in CPP’s Malaysian account to a company owned by the Ministry of Finance, Suria Strategic Energy Resources Sdn Bhd (SSER).

“CPP firmly abides with the laws of Malaysia and is perplexed by the unilateral transfer of monies without notifying CPP,” the company was reported telling ST.

“Once we have further information, CPP will take the necessary and appropriate actions to protect its rights. We hope that our Malaysian counterparts can resolve this with us through amicable means.”

HSBC’s Kuala Lumpur branch however declined to comment over the report.

In May, Putrajaya said it is now negotiating with China-based contractors on the total compensation amount to be paid by SSER, following the cancellation of the RM9.4 billion pipeline.

SSER was incorporated as a wholly-owned unit of the Finance Ministry in 2016 to undertake two projects: the Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP).

Both contracts were awarded to China Petroleum Pipeline Bureau in November 2016 in contracts signed by former Treasury secretary-general Tan Sri Irwan Serigar, who is also SSER chairman.

In June last year, Lim revealed that the government had paid RM8.3 billion for the two projects worth RM9.4 billion despite only completing 13 per cent of the work.

Subsequently, the projects’ engineering, procurement, construction and commissioning contracts and other associated contracts have been terminated in August last year. Together, all the contracts were valued at RM10.4 billion.

CPP had previously said it would negotiate with Malaysia for reasonable compensation over the cancelled projects.



The MPP is a RM5.35 billion project to build a 600km oil pipeline from Jitra to Port Dickson while the TSGP is a 662km gas line connecting the Kimanis Gas Terminal to Sandakan and Tawau at a cost of RM4.06 billion.

 

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Posted (edited)

ahjib kor is untouchable until 2099 .... huat ah!

Edited by Wt_know

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waaa liew ......... postpone until he die better

just have to postpone until laoma die ... [sly]

snap election ... umno won and take back control

just like anwar ... all charges drop

msia boleh!!!

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Yes they sign a contract that should be paid based on work done.

 

But only do about 13% and got about 85% paid.

 

Really good deal.

 

:D

 

The only problem was after getting paid should have faster take the money

 

out of Msia. So silly to leave the money in Boleh land.

 

Now kenna confiscated.

If only you had been their math teacher. Then they would've done 85 percent of the work, been paid 13 percent and considered it the same.

 

:D

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just have to postpone until laoma die ... [sly]

snap election ... umno won and take back control

just like anwar ... all charges drop

msia boleh!!!

 

If anwar take over , probably he wont let him go so easily .  

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anwar is not laoma

without laoma i dont know how PH can continue after laoma legacy is gone

if BN/UMNO take back control

everything back to the 60 years style

same same but different

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