Thursday, December 30, 2010

MACC award winning quote "We'll probe without fear and favour"



Anti-corruption authorities in Malaysia said they will investigate US claims that French-based telecom equipment giant Alcatel-Lucent bribed officials to secure contracts. The Paris-based firm has been accused by US authorities to have bribed government officials in Latin America and Asia -- including Malaysia -- between December 2001 and June 2006.

Alcatel on Monday agreed to pay 137 million dollars in fines and penalties to settle the charges, after reaching an agreement with the US Justice Department and Securities and Exchange Commission. The Justice Department said Alcatel had violated the Foreign Corrupt Practices Act prior to its 2006 merger with US-based Lucent Technologies.

"The Malaysian Anti-Corruption Commission viewed the claims seriously and would verify with the relevant parties before deciding on any appropriate actions to be taken," the commission said in a statement. There were no details immediately available on Malaysian officials' involvement in the case.

The SEC has said Alcatel's subsidiaries "used consultants who performed little or no legitimate work to funnel more than eight million dollars in bribes to government officials in order to obtain or retain lucrative telecommunications contracts and other contracts." Alcatel-Lucent admitted that the company earned some 48.1 million in profits as a result of the actions, officials said.

Alcatel agreed to pay more than 45 million dollars to settle the SEC's charges, and pay an additional 92 million dollars to settle criminal charges with the Department of Justice.

Apart from Malaysia, the SEC complaint said Alcatel's bribes also went to government officials in Costa Rica, Honduras and Taiwan.
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Malaysian Authorities especially MACC always claim that they will probe this and that. At the end of the day everything will be put in the dark room to beranak.

Malaysian Authorities and MACC do not shake the branches of UMNO which are only good with words and stealing what do not belong to them. Another reason is MACC has a very experience corrupted man by the name of Hishamuddin a senior officer who had enriched himself when Khir was the Menteri Besar of Selangor. There is news that he has a total of 600 acres of land in Selangor and Kuala Lumpur and over RM60 million hidden in Indonesia, Thailand and UK. Interesting enough his safe boxes in Malaysia hold another RM20 million in cash and jewelleries. So this is a good example of how the authorities probe and poke people’s ass and if that fail just throw a bait out the window to create a suicide drama.

I have seen how TNB officers getting kickbacks and becoming millionaires overnight. This has been going on since 1990 and still on going today. My relatives, friends and known contacts in TNB, Sime Darby, MAS, Pempena, Felda, Finance Ministry, Prime Minister Department and Rosmah aides are all millionaires just by receiving kickbacks. So if these people are still collecting which fool is going to be so dumb and brave to put a stop?

Interesting enough that jobless Khairy only has to marry Pak Lah’s daughter to become instant millionaire and has now taken over a shopping complex in Cheras and had spent RM30 million on renovations alone. This complex had gone through many hands and is known to have bankrupted its owners. So will Khairy sell himself off as gigolo in the near future or marry Rosmah or Kavita or the ex-queen of Selangor to counter this bad feng shui.

MACC should be nominated for best quote and speech award 2010.

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