Hornbill Unleashed

August 25, 2010

Cut-price sale of Kuching land to Taib’s children

By Aidila Razak

A company owned by Sarawak Chief Minister Taib Mahmud’s children has obtained land in Kuching at a very low price, causing the state to lose at least RM300 million in potential revenue.

Bandar Kuching MP Chong Chieng Jen said the state government had alienated 269 acres of land within the city to Monarda Sdn Bhd at a “grossly and obscenely under-priced” rate of RM291,000 per acre on average.

“The market rate is between RM1.5 million and RM2 million per acre. Had the government gone for public tender, the state could have (earned) RM400 million to RM500 million,” he told Malaysiakini today.

NONEInstead, Monarda, which has a paid-up capital of RM100, only paid about RM78.28 million for the three parcels of land, he said.

NONE“We demand that the state government gives a full explanation and be accountable to the people of Sarawak,” said Chong (left), who is also Sarawak DAP secretary.

The three parcels are located next to the Kuching International Airport near Stutong. There is a military base located in the same area.

Monarda is headed by Taib’s eldest son Abu Bekir, who holds 52 shares, and one Choong Sun Nam, who holds 12 shares.

Other shareholders include Taib’s daughters Jamilah and Hanifah Hajar, and Taib’s daughter-in-law Anisa Hamidah Abdullah, all of whom hold 12 shares respectively.

Unusual alienation exercise

Chong, who traced the Taib connection through land and companies registry searches, said this was one of the largest parcels of city land to be alienated in any one exercise.

NONE“The land is currently vacant and Monarda has not done any business since it was founded,” he said.

Earlier this year, three complaintswere lodged with the Malaysian Anti-Corruption Commission against Taib, alleging that he and his family had used corrupt means to build a property empire valued in excess of RM3 billion.

Two documents surfaced this month in the Sarawak Report website alleging that Taib had used proxies in 1987 to take control of a US-based property company, Sakti International Corporation, then worth at least US$80 million (RM250 million). —  MalaysiaKini

😦

Articles in Chimese :- 泰益家族廉价搜刮古晋市地皮 州政府承担数亿损失

Articles in Bahasa Malaysia :- Jual tanah kepada anak, S’wak rugi lebih RM300 juta

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25 Comments »

  1. Tak perlu bagi tau organg lain. Mereka tak nak tau. Semua orghang setuju Taib berkekalan jadi raja di Swak. Penyokong dlm BN banyak. Penyokong dalam PR pun ade! Apa hang nak buat?

    Comment by swak tipu — July 31, 2011 @ 12:31 PM | Reply

  2. fikir cara camana nak hebahkan berita2 ni pada semua… yang tak baca news tru internet terlalu ramai,.. ada internet pon hanya bukak email n FB… FB follower ramai yang Be eNd. macamana nak get all this news to d people…?

    Comment by Norfazila — July 16, 2011 @ 2:28 PM | Reply

  3. Wad kind of government?? corruption anywhere? who willing vote BN?

    Comment by ERIC — September 5, 2010 @ 5:28 PM | Reply

  4. So what would be the result of it. Means what is the solution?

    Comment by Auctions — September 3, 2010 @ 3:19 PM | Reply

  5. For every ringgit the thief minister spent on each and every Sarawakians, it is not far fetched to say that Taib spent RM3.00 on himself x the total population of Sarawak. How could he not being one of the richest man in the world? Taib’s mentor and uncle was said to worth about RM400 million then when he retired and that money would have appreciated many times over through property investments. Today Abdul Rahman Yakub is still the chief political strategist and advisor to Taib to perpetuate the uncle/nephew dynasty.

    Comment by Mata Kuching — August 26, 2010 @ 6:39 PM | Reply

    • But Norah is back to work now with us, poor girl. Didn’t she reinvest that RM400 seed capital we gave her? Didn’t she get the 30% bumi share? Or does she need 300% bumi share?

      And we had to pay for that Halal Hubba Oxford Scam!

      Comment by wayang street — August 28, 2010 @ 9:40 AM | Reply

      • 16,000 hectares of Tanjung Manis to be earmarked for halal Hub? Can someone calculate how much timber can be extracted from a 16,000 hecatares concession? This pirate must be stopped at all cost. Justice must be seen to be done. Taib Mahmud is no better than Ferdinand Macos of the Phillipines, Soeharto of Indonesia or Fuji Mori of Peru. We must take back all the loots and ill gotten wealth for all Sarawakians

        Comment by Jolia — August 28, 2010 @ 9:56 PM | Reply

      • Jolia,

        “…16,000 hectares…”

        100 ha = 1 sq km

        That’s 160 sq km

        General idea would be an area half way from Kuching to Sri Aman. A lot of trees but take a peep at Google Earth and see if you can identify more wooded area or just swamps.

        Call a friend from a timber company and find out how much wood you can get, then you can get him to guestimate how much money from what kind of timber.

        Comment by wayang street — September 3, 2010 @ 6:37 PM | Reply

  6. The Sarawak State Election is drawing very near and being a person of such evil character and realising that this would be his last term in office, he is wasting no time in carrying out more plundering, BOLDLY. Perhaps MACC should change to MPCC, which stand for pro instead of anti.

    Comment by 7tony — August 26, 2010 @ 2:51 PM | Reply

  7. This is what Bumiputera rights are….rights for only a few well-connected individuals. I hope the people of Sarawak realise that this man has been plundering their wealth from behind their backs for so long and its now time to put a FULL STOP to it. Its time to KICK him out as CM and put his party into oblivion.

    Btw, is there a recourse to undo these grossly lopsided agreements in the court of law, locally or overseas? Is there an avenue we can recover those assets he possess through ill-gotten gains?

    This is something the PR should look into NOW.

    Comment by Gerald Lim — August 26, 2010 @ 2:51 PM | Reply

    • Brave, Informed,and Outspoken. You are exactly the type of person society need at the fore front of the PR struggle.

      Comment by don'tknowwho — August 27, 2010 @ 7:24 AM | Reply

  8. Choong Sun Nam? I read somewhere it is Chung Soon Nam.
    It should be Chris Chung Nam Soon of Titanium, a close associate of taib’s son.

    Comment by Livid — August 26, 2010 @ 1:27 PM | Reply

  9. Any comment from S U P P?…(sarawak undersized Penis Party )

    Comment by Sarawakian — August 26, 2010 @ 12:07 PM | Reply

  10. Even savages can be noble. They can understand Providence without knowing the Word. So, the Chief Minister is lower in standard than a savage! To the question, “I do not know what the Chinese want?”, answer him, “We want the Truth. We want Justice. We want Sarawak back from you”.

    Comment by Bourgeois Revolution — August 26, 2010 @ 10:19 AM | Reply

  11. All S’wakians need not to be blamed for what happen now. Taib, George Chan, Jabu, Masing etc..etc..etc are all the thieves. Whay not it’s all these poeple that owned what resources S’wak hv. Lately our Chinese bros. and sisters hv realize all these peoples are thieves, so they’re not voting these peoples party. So when will our bros. and sisters in the Malays, the Ibans, the Bidayuhs, the Orang Ulus are going to wake up and voted out all these thieves of the highest thievery in Sawak. Let’s all pray to God Allah, all of us are given the strength to vote out UMNO/BN proxis.

    Comment by Minda Mandol — August 26, 2010 @ 10:16 AM | Reply

  12. YES, all Bumiputras in Sarawak are h******* and u******. They have no vision and interest in business and only contented with receiving few hundred bucks to sell their votes. Everytime and anytime it was Pek Mo’s children, brothers or sisters who submitted business proposals to develop Sarawak. The Chinese businessmen are equally useless and hopeless too because they were so afraid to be main contractors and would prefer to sub-contract from Pek Mo’s family companies like Naim Cendera, Hock Seng Lee, Kumpulan Parabena, CMS, Titanium and Metal Press Bhd. Taib never enjoyed being the chief minister but since all Sarawakians needed his expertise he has no choice but to stay on and become the thief minister for at least another 10 years to ensure his private dreams of stealing more timbers from 10 to 12 more identified hydro dams locations, and the Aluminium Smelting Plant and Sarawak Halal Hub and SCORE are implemented succesfully and profitably for his families and cronies.

    Comment by Mata Kuching — August 25, 2010 @ 11:46 PM | Reply

    • “…Taib never enjoyed being the chief minister but since all Sarawakians needed his expertise…”

      Expertise? There is no expertise with “KUKUKRASI” and with Malaya’s “ROMPAKRASI“. Don’t for a moment think you ever had Democracy. Have we ever had a civil govermenment? Yes, if the civilians comprise of only a dozen or so people like George Chan, Jabu, Abang Johari and James Masing. As far as these civilians are concerned, others are but dirt they drive out of NCR lands and brush off their sleeves!

      Listen to this paid hypocrite:

      Those who tarnish their country’s image with the aim of causing turmoil are regarded to have sinned, says Minister in the Prime Minister’s Department Datuk Seri Jamil Khir Baharom.

      “We should love our country and be prepared to defend it, as defending our own country is a ‘jihad’ (holy war) which carries a big divine reward.

      “Hence, if the reward is big (for such a ‘jihad’), it is also a big sin for one to tarnish one’s own country’s image and honour to cause upheaval in the country” –

      Bernama

      There’s only one way to defend the country – buy defective French submarines, get commissions and cheat the rakyat!

      Comment by wayang street — August 26, 2010 @ 11:50 PM | Reply

  13. Of course they are very talented. So are Jabu and George Chan. Successful thieves have to be smart too. The not smart ones are relatively poor or are in prison.

    Comment by a poor pek mo — August 25, 2010 @ 8:42 PM | Reply

  14. Pek Mo mentioned to the press yesterday until today he doesn’t understand what the Chinese wants from him.He is puzzled why the Chinese is unhappy with BN govt.
    Well mr Pek Mo its not what the Chinese wants .it is what the sarawakians want by and large.sarawakians want a fair share of their land and other resouces like timber,palm oil etc.sarawakians want a clean uncorrupted unselfish administration that care for it’s people,upgrade the standard of living for the poors and indigenous people.sarawakians wants you,pek mo,OUT!

    Comment by Akai — August 25, 2010 @ 7:38 PM | Reply

    • Pek Mo only wants land. Now is the time for the Malaysia Megasale, at least 80% huge discount, his children get land worth RM400-500 million for only RM78 million.

      Comment by landowner — August 25, 2010 @ 7:43 PM | Reply

      • Mega Sale? Hari Raya coming! So Court Mahmud Sale?

        Comment by Wayang Kulit — August 25, 2010 @ 10:44 PM | Reply

    • Akai ! I think you missed out the word ‘kui’. So should read: Pek Mo Kui

      Comment by 7tony — August 27, 2010 @ 10:30 AM | Reply

  15. Excellent work by MP Chong Chien Jen. Anybody get the feeling Old White Hair is going to skip town and ‘migrate’ to Australia or Canada, now that Umno is applying some pressure? Maybe Taib’s children should build a big electric fence around their land, because they won’t be the most popular people in town once their Termite King is no longer around to protect them. Gross and obscene, indeed.

    Comment by Pak Bui — August 25, 2010 @ 7:27 PM | Reply

  16. Very talented businessmen, other people find it difficult to even get a stall at kenyalang park

    Comment by don'tknowwho — August 25, 2010 @ 6:15 PM | Reply

  17. Taib and his sort usually argue that their families are very wealthy because they are talented businessmen and businesswomen. What kind of talent do they require to get huge parcels of land at bargain basement prices? To the Sarawak Dayak, Land is Life. This means these land grabs are draining our lives away, killing us slowly because of their limitless greed.

    Comment by Analist — August 25, 2010 @ 5:55 PM | Reply


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