How cum Jho Low not in the picture??

TS is Jho Low??

The often quoted RM12.5b PKFZ "loss" is actually a scenario where PKFZ may incur additional RM5b interest if it is not able to generate any revenue to pay back their loan and interest of RM7.453 billion.
https://theedgemalaysia.com/article/pkfz-ho...st-comes-rm125b

This scenario hasn't happened. In fact the reverse is true.

PKFZ is now 100% occupied and generating revenues and surplus of hundreds of millions per year - just by leasing out their land and warehouses to customers.

---
This was in year 2019. PKFZ revenues have grown since then.

He (Anthony Loke) told a press conference that PKFZ was paying the PKA RM55 million every three months and was significantly rehabilitated from the days of its scandal.

“We know that PKFZ was developed through a loan and it has been restructured. PKA took a RM3.8 billion loan from the Finance Ministry and they must pay back the loan. Since PKFZ assets falls under PKA, PKA must pay back to the Finance Ministry in instalments.

“This is why it is critical for us to ensure that PKFZ can increase its revenue through the facilities and infrastructure that we build here to gain more income,” Loke said after launching PKFZ’s Transformation Master Plan (TMP).

Later, PKA general manager Captain K. Subramaniam told reporters that it has never defaulted on payments and last year collected RM220 million from the zone.
https://malaysia.news.yahoo.com/minister-pk...-063416899.html

Oh... really?

This is not what Nga and Anwar said.

Anwar said after a decade of development, TRX symbolises Malaysia's aspirations to create a leading global financial district, supporting its ambition to compete on the world stage.

Anwar added the Tun Razak Exchange is a step forward in the long and proud narrative of Malaysia, reflecting the country's rich history as a trading nation.

"Already, TRX is home to major financial players. "Today's launch of TRX also represents a milestone forward in the government's mission to renew the country's economic and financial architecture through the Madani Economy," he noted.

"With over 30,000 employees, including 20,000 knowledge workers, TRX has become a bustling business hub expected to drive economic growth and innovation while creating job opportunities."
https://www.nst.com.my/business/economy/202...nces-incentives

where are the numbers to say trx is profiting? who cares what PH says. it is you who claimed country is profiting from 1mdb ma. So now it is only reasonable that i ask for proof.

So you are saying that TRX doesn't benefit the country or that 1MDB doesn't profit from the TRX project?

im not saying anything. i m asking for proof of what you claimed.

2018 bn fall scandal

never recover

You notice Wah RM 32 Billion vs USD 4.5 Billion... currency also wanna pull a hoodwink

Anyway, 2 bad does not mean 1 is good...all are equivalent

Only stupid idiots keep saying 1MDB is the mother of all corruption and keep saying 1MDB's 13 billions is worst than BNM's 32B (equivalent to today's 100 billion?)

And yet the very same idiots keep complaining why Malaysia is in a mess. They are the reason why....

RM32b is TOTAL debt as at year 2018 then.

Not entire RM32b is lost.

But what is generally accepted is that the total missing money is US$4.5b - not RM32b.

"Malaysia will seek to recoup US$4.5 billion of funds that were potentially lost through 1MDB"
https://www.businesstimes.com.sg/internatio...ds-goldman-fees

tongkat policy is the worse and continue to worsen

You heard of Mr Google?

Malaysia went insolvent due to BNM scandals. You know what does the word "insolvent" means? So how much is your master paying you to deny BNM scandal ever happened?


The Edge Malaysia
Bank Negara 'basically insolvent' in 1993/94 after forex .
https://theedgemalaysia.com › article › bank-negara-bas...
30 Aug 2017 — PUTRAJAYA (Aug 30): Bank Negara Malaysia was "basically insolvent" in the early 1990s after suffering losses from foreign exchange trading, ...

What is your point? BNM benefited us?

I give you RM 4.5 and you give me RM 32? OK? Or something wrong with your arithmetic education

All these Najib supporters keep saying TRX is a success and is a proof of Najib's greatness.

What they all conveniently forgot is when PH took over in 2018, the government then had to save the whole project as 1MDB already pokai by then.

The PH then had to rehabilitate the whole project and took over from 1MDB. The PH government had to inject billions into the project first.

https://theedgemalaysia.com/article/govt-ca...avoid-sunk-cost

TRX is a success today mainly because PH managed to "detoxed" the whole thing lah.

The amount of loss from 1MDB might be lower than Tun M currency "adventure" in the 80s but the reputational damage from 1MDB is much more worse. Reputational damage is not measurable in $$$ but the impact is still felt today.

these are the only misappropriation/scandal funds we KNOW OF and was caught on to show in light to public

we do not know the whole truth or BTS or the total amount being swindled around/across our country

again, da 50% discount and home arrest #apamalubossku

Last time, MAS was owned by BNM.

As part of the move to make BNM solvent again, Mahathir and Daim asked Tajudin Ramli to buy the controlling stake in Malaysian airlines from BNM at RM8 per share compared to market value of RM3 then in year 1994.

After running MAS into the ground, Tajudin Ramli then sold back the shares at RM8 to Khazanah when market value was RM3.

Detox??? That's Guan Eng and PH narrative.

In fact, most of the major tenants and investors in TRX you see today:
- Lend Lease
- TH
- WCT
- HSBC
- CCCC
- Affin Bank
- Prudential

were all signed before GE14 when TRX was apparently "toxic"


And you logic that 1MDB is pokai and PH forced to bail out TRX is damn flawed.

You think PH use their own money to bail out TRX is it?

If TRX was really pokai and if PH didn't take over the govt, you think the BN Govt also cannot similary lend money to TRX to develop?

Akal.... mana akal? Where your brain?

This post has been edited by Roblox Malaya: Jun 13 2024, 05:18 PM

1mdb apa benefit lol ? Puak plotek incoming.

This thread is asking, why people like you saying 1MDB's 13 billion is worst than BNM's 32 billions. You studied arithmetic before?