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Bank Negara and Her Highness the Governor Zeti fail basic test of governance

By Ganesh SahathevanThe Central Bank Act Malaysia provides: 8. (1) There shall be a Board of Directors constituted as provided in this section, which shall be responsible for the policy and general administration of the affairs and business of the Bank. (4) The Governor and the Deputy Governors shall be answerable to the Board for their acts and decisions. In the case of the Bank Negara (the Central Bank) , the Governor is also the chairmain of the Board of Directors. http://www.bnm.gov.my/index.php?ch=7&pg=3&ac=7 . QED

Datin Wong Mun Yee @ Mrs Datuk Patrick Lim @ owner Kamaluddin Badawi's house

by Ganesh Sahathevan The following extracts from documents in the public domain tell a story about Equine Capital's Patrick Lim Soon Kit, his wife Wong Mun Yee @ Cindy Lim , one Kamaluddin Abdullah Badawi, a self-made millionaire (or billionaire) ,and his father, Prime Minister of Malaysia, Abdullah Badawi. A) Datuk Patrick Lim Soo Kit is a substantialshareholder of the Company(Equine Capital) with indirect interest of22.63%. He is the husband of Datin Wong Mun Yee and nephew to Lim Ah Yee and Lim Ah Chai. DatinWong Mun Yee, Lim Ah Yee and Lim Ah Chai are alsosubstantial shareholders of the Company with indirectinterest of 22.63%.(Equine Capital Bhd, 2004 Annual Report , page 16-17) B ) 34 Bay View Terrace, Mosman Park An Extract from the Certificate of Title : Registered Proprietor: Mun Yee Wong of 2/19 Melville Beach Rd, AppleCross Registered 11 March 2004 Encumbrances : Mortgage to National Australia Bank,Registered 11 March 2004 C) Raja Petra of Malaysia-Today : Malays...

34 Bay View Terrace, Mosman Park

An Extract from the Certificate of Title: Registered Proprietor: Mun Yee Wong of 2/19 Melville Beach Rd, AppleCross Registered 11 March 2004 Encumbrances: Mortgage to National Australia Bank, Registered 11 March 2004 Who owns it? Raja Petra says: Malaysia's First Family's family home at 34, Bay View Terrace, Mosman Park, Perth, Australia is currently under extensive and massive renovation works. A house bought by a non-permanent resident has to be renovated at a cost of more than half the purchase price. http://malaysia-today.net/blog2006/reports.php?itemid=3660 Hence, my question : who is Wong Mun Yee?

Australian Federal Treasurer , Peter Costello ,Anwar Ibrahim, Yassin Al-Qadi -and a missing USD 8 billion.

by Ganesh Sahathevan The Australian Federal Treasurer , Peter Costello was one of few, if not the only official of the Australian Government who had met with Anwar Ibrahim; and Anwar Ibrahim has acknowledged Peter Costello, in public , as a friend who has helped him. Peter Costello has refused to answer questions put to him about any assistance provided Anwar Ibrahim prior to and/or after his arrest in 1998 , with regards to providing Anwar Ibrahim, and/or his associates a safe haven for their assets. SBS Dateline has linked Anwar Ibrahim, his representative in Australia Dr Rahim Ghouse, the Al-Qaeda financier Shiek Yassin Al-Qadi and their business partner Dr Wan Hasni Wan Sulaiman to the Melbourne based Commercial IBT Pty Ltd . CIBT Pty Ltd was reported to be a warehouse for some USD 8 billion in assets ,mostly cash. It was recently put into liquidation by ASIC,but in a manner that allowed its assets to be shifted elsewhere before any action to secure the assets could be taken. Raja...

An invitation to Petra Kamaruddin to name names

FROM Ganesh Sahathevan 19 William Edward St, Longueville NSW 2066 In his story on Malaysia-Today dated Wednesday, June 22, 2005 and titled" Does a conspiracy to GET ANWAR really exist? ", Peter Kamaruddin(aka Raja Petra Kamaruddin) says : " Also in 2003, a meeting was held in Kuala Lumpur in the Bangsar homeof a prominent Umno man closely linked to both Prime Minister AbdullahAhmad Badawi as well as Deputy Prime Minister Najib Tun Razak. Presentwere Malaysian as well as Australian journalists. The matter to bediscussed was: Get CIBT.""As the meeting progressed, it became clear that the target was notreally CIBT but Anwar Ibrahim. They wanted to 'expose' CIBT under theguise of 'accountability and transparency', but it was more so thatAnwar could be implicated in this so-called wrongdoing. On realising this, the Malaysian journalist backed out of the group. They thendecided to use Harakah instead, the official newspaper of the IslamicParty of Mal...