MCMC Looted, Shady ‘Speedy Gonzales’ Deal Resurfaces – Part 1

The Malaysian Communications and Multimedia Commission (MCMC) has been rocked with allegations of millions of ringgit being spirited from the “cash cow” but the outcome of the probes has not been made public.

The investigations by the Malaysian Anti Corruption Commission (MACC) into RM25 million missing from FINAS began more than a year ago.

Now, another case similar to the dubious “Speedy Gonzales-Geeko” deal has surfaced.

2nd left: Dato’ Dr Siew Ka Wei & 4th left: Elizabeth Ken

The “Speedy Gonzales-Geeko” case (worth RM99.693 million) with Tourism Malaysia (TM) saw the MACC arrest and detention of Dato’ Dr Siew Ka Wei (Siew) and Ms Elizabeth Ken Tzu Ying (Elizabeth Ken) in early January 2019.

Siew was the former chairman of TM. He is also the current executive chairman of the public listed company called Ancom Bhd.  Ancom Bhd has many subsidiaries, one of which is Redberry Media Group (Redberry). The defunct Malay Mail is part of Redberry. Ms Elizabeth Ken is the media specialist of Redberry.  Datuk Wong Sai Wan (Wong) is the Editor-in-Chief of Malay Mail. Wong is also a director in several of Siew’s outfits.

Details of the latest scandal will be soon exposed in Part II of this MCMC saga.

Let’s recap. More than a year has elapsed, there is no news of the outcome of the audit by the National Audit Department on the MCMC Fund and the USP Fund (Universal Service Provision Fund), which were set up under the Malaysian Communications and Multimedia Act, 1988,

The balance of these two Funds as at 31 December 2016 were as follows:

MCMC Fund RM800 million; and

USP Fund RM8.5 billion.

 

The press statement dated 22-6-2018 of YB Gobind Singh Deo, the Minister of Communication and Multimedia

 

On 20 June 2018, YB Gobind Singh Deo had announced that both MCMC Fund and USP Fund will be audited by the National Audit Department, HERE.

On 3 July 2018, MACC confirmed it was probing into the embezzlement of RM25 million involving 1Malaysia Negaraku projects, which failed to be implemented.

A senior officer of the National Film Development Corporation (FINAS) with a “Datuk” title is believed to be involved in the embezzlement, HERE.

It would appear that there was no outcome of this MACC probe.

Perhaps the newly-minted DG of MACC, Puan Latheefa Koya, should look into these matters and other scandals involving the MCMC Fund.

The RM25 million scandal was just the tip of the iceberg!

Prior to GE 14, the Ministry of Communications and Multimedia had encouraged or allowed the MCMC Fund to be abused to the maximum by a government agency with zero governance!

It must be noted that section 39 of the Malaysian Communications and Multimedia Commission Act, 1988, provides that the MCMC Fund shall be expanded for the purposes of lawful expenditure incurred by MCMC like paying for the remuneration, allowances and expenses of of members of MCMC, procurement of good and services  by MCMC, purchasing or hiring equipment, machinery, acquiring of land and any asset, repayment of moneys borrowed under section 43 of the Act, granting loans to its employees and etc.

A big chunk of the MCMC Fund had been utilised for purposes that have not been stipulated under section 39 of the Act.

It must be noted that section 39 of the Malaysian Communications and Multimedia Commission Act, 1988, provides that the MCMC Fund shall be expanded for the purposes of lawful expenditure incurred by MCMC like paying for the remuneration, allowances and expenses of of members of MCMC, procurement of good and services  by MCMC, purchasing or hiring equipment, machinery, acquiring of land and any asset, repayment of moneys borrowed under section 43 of the Act, granting loans to its employees and etc.

In the spirit of transparency and accountability, the National Audit Department and/or the Ministry of Communications and Multimedia to make public the findings of the audit of these two funds (MCMC Fund & USP Fund).

Stay Tuned For Part 2

Visa “Processing Fees” Collected By Company Related to Tan Sri Al Amin – Part – 2

Left: Tan Sri DR Mohamed Al Amin Abdul Majid.  Right: Dato’ DR Siew Ka Wei. These are the two powerful corporate figures.  Both are DR ok!

Updates on 3-7-2018 at 4 pmYg Bhg Tan Sri Dr Rais Yatim, a former Minister, has called for the dismantling of the companies involving in the visa “processing fees”. They are Ultra Kirana Sdn Bhd ( Wan Quoris Shah and Harry Lee Vui Khiun) and S5 Systems Sdn bhd (Tan Sri DR Al-Amin, the business partner of Dato’ DR Siew Ka Wei), HERE.  Both Tan Sri DR Al Amin and Dato’ DR Siew Ka Wei are also connected to Ancom Bhd and Redberry Media Group. 

 

Beside Tuan Wan Quoris Shah bin Wan Abdul Ghani, the other prominent player for the visa “processing fees” business is none other than the famous and powerful Tan Sri DR Mohamed Al Amin Abdul Majid (“Tan Sri Al Amin”).  He is the business partner of Dato’ DR Siew Ka Wei (“Dato’ DR Siew”).  Tan Sri Al Amin appears prominently behind the company S5 Systems Sdn Bhd (“S5 Systems”) and NSA Technology Sdn Bhd (“NSA Technology”).  The relationship between S5 Systems, NSA Technology and Tan Sri AL Amin will be discussed in greater details below.

For the background of the “Visa Processing” business, please read Part 1, HERE.

Continue reading “Visa “Processing Fees” Collected By Company Related to Tan Sri Al Amin – Part – 2″

Dato’ Siew Ka Wei: “Speedy Gonzales” RM99.693 Mil Deal Tainted With Conflicts of Interest! Part – 2

Dato’ Siew Ka Wei and his many outfits. He is an extremely capable and talented man.

Updates @ 10:30 pm on 7-4-2018:  The Malaysian Anti-Corruption Commission (MACC) has visited the Tourism and Culture Ministry over what is believed to be a contract signed between the ministry’s promotional agency Tourism Malaysia and a company.  Tourism Malaysia director-general Mirza Mohammad Taiyab said several MACC officers had gone to the ministry’s headquarters in Putrajaya to “inquire” yesterday following some media reports.”   FMT‘s full report HERE.

Yours truly is extremely impressed by the swift reply of Yg Bhg  Datuk Seri Mirza Mohammad Taiyap, who signed the “Speedy Gonzales” Geeko contract, and hopes he and his little napoleons could sleep soundly tonight and for many more months to come after having responded and answered the short “inquiries” from MACC to such perfection.  This is the correct attitude of “business as usual” – to do more Speedy Gonzales” or direct negotiation contracts.   

Two days have elapsed since this article had been published, yours truly is still waiting for the famous corporate genius, Yg Bhg Dato Siew Ka Wei, to refute the allegations made in it or make satisfactory declarations as requested.  If Yg Bhg Dato Siew Ka Wei and/or Datuk Seri Mohammad Taiyap choose not to respond by 5 pm on 8 June, 2018,  yours truly will publish a new posting to show how rotten this “Speedy Gonzales” deal is. Therefore, silence is not an option for both Yg Bhg Datuk Siew Ka Wei and/or Datuk Mirza Mohammad Taiyap and their little napoleons.   

Continue reading “Dato’ Siew Ka Wei: “Speedy Gonzales” RM99.693 Mil Deal Tainted With Conflicts of Interest! Part – 2″