Selangor MB rubbishes claims Unisel in the red

SHAH ALAM (Sept 10, 2012): Selangor Mentri Besar Tan Sri Abdul Khalid Ibrahim has rubbished claims that the state-owned Universiti Selangor (Unisel) had incurred RM54.8 million in debt.

The debt was reported in the university's 2011 financial audit report.

Abduk Khalid said the 2011 financial audit report had not been 'adjusted' and 'finalised' to reflect the true nature of the accounts.

He said the report was supposed to be finalised in June but several accounts could not be 'adjusted' and recalibrated.

According to Abdul Khalid, the report would be 'adjusted' and 'finalised' by Unisel's board at its next annual general meeting and independent auditors would be called to help with the re-adjustments of the complicated accounts.

"When we took over the asset, (in 2008) we didn't just take over the asset, we had to take into account all the debts, repayments and all. So that is why I have asked for a re-auditing to take into account the takeover of the Unisel operations.

"If the assets were taken over, then the cost to be borne will be reduced," he said in a press conference after attending the state civil servant monthly assembly at the state secretariat building today.

Abdul Khalid said that the state government was ready to face allegations from anyone, including Selangor Umno deputy chairman Datuk Seri Noh Omar, about the issue.

"If Noh wanted to release the 'unfinished' account, we are not afraid because the state is trasparent. It might be because he (Noh) did not understand about the cost. He never did the (corporate) exercise like I did in Permodalan Nasional Berhad and Guthrie. When we took over the company, we also restructured the whole company," he said.

Noh claimed that the report showed Unisel had sustained losses in the past three years with a deficit of RM1.63mil in 2008, RM13.55mil in 2009 and RM39.68mil in 2010.

He said the 2009 and 2010 financial audit reports were signed by Abdul Khalid in August 2011.

Sources: The Sun

LA: stop prentending from the facts.

Suaram slams ‘premature’ accusations

PETALING JAYA (Sept 10, 2012): Suara Rakyat Malaysia (Suaram) slammed Domestic Trade, Cooperatives and Consumer Affairs Minister Datuk Seri Ismail Sabri Yaakob for jumping the gun by saying that the organisation would be prosecuted even though investigations into its accounts are still ongoing.

In a statement today, Suaram executive director Nalini Elumalai said Suaram also condemns Sabri's alleged statement that its accounts are "highly suspicious" despite the ongoing probe.

"Suaram has all along complied fully with the Companies Act in our dealings, and our accounts are fully audited every year," said Nalini.

"This can only be seen as a political setup to frame Suaram because of our complaint to the French court to investigate suspected corruption in the Scorpene deal," she added.

It was reported on Saturday that Suara Inisiatif Sdn Bhd, the company linked to Suaram, would be charged in the next two weeks for breaching provisions under the Companies Act, and it would also be investigated for four other possible offences linked to its highly suspicious accounts.

It was also reported that the company has been receiving funding from foreign countries such as Germany, and has been linked to currency speculator George Soros.

The Foreign Affairs Ministry said Malaysia is deeply disappointed to learn that the German embassy had funded Suaram as it can be misconstrued and be seen as interference in the domestic affairs of the country.

According to the ministry's statement, the ambassador of the Federal Republic of Germany to Malaysia Dr Guenther Georg Gruber told the ministry's deputy secretary- general (bilateral relations) the funds were for a project that is "close to German values – the protection and promotion of human rights".

rights".

According to the statement, the funds were used to organise a workshop which was held in Kuala Lumpur in November 2010 which was attended by 21 non-governmental organisations.

Sources:The Sun

LA:I hate people saying anything stupid .

MB: Sacking the only way to punish saboteurs

KUALA TERENGGANU: Sacking saboteurs is the only way to drive home the message that sabotaging Barisan Nasional coalition candidates will not go unpunished.

Terengganu Mentri Besar Datuk Seri Ahmad Said said there should not be a way back for Barisan traitors.

“For example in Terengganu, such acts of sabotage has happened in the past but no action was taken,” he told pressmen after attending aTNB Terengganu Hari Raya event here yesterday.

“Such stern action is needed to curb the culture of sabotaging the party when one is not nominated as a candidate.

“I am aware of such acts in the state especially in seats where we recorded marginal wins ... the act of backstabbing and looking after narrow personal interest must be stopped,” he said when responding toTan Sri Muhyiddin Yassin's statement on Saturday that Umno would sack saboteurs even if Barisan won the seat in their area.

Muhyiddin, who is Barisan deputy chairman and Umno deputy president also called on other Barisan parties to do likewise.

In ALOR SETAR, Kedah Barisan Nasional chairman Datuk Paduka Ahmad Bashah Md Hanipah said sabotage had cost the coalition the 2008 general election.

He said the state Barisan hoped the party would provide a guideline on the action that would be taken against saboteurs.

“The party must prepare a list on the types of sabotage acts for members to use as guidelines, where they can immediately lodge a report with the party if they come across such acts,” he said yesterday.

He said the party lost some of its strongholds in the last general election due to the act of saboteurs, including the Padang Terap and Sik parliamentary seats and the Tanjung Dawai, Ayer Hitam and Bukit Lada state seats.

Sources: The Star 

LA: Punishment is lame, but it comes