Saturday, November 28, 2015

砂政府借岸外贷款,还高利息,为逃避砂州议会监督。

28-11-2015
民主行动党古晋市国会议员兼哥打圣淘沙州议员张健仁抨击砂州政府,借岸外贷款,还高利息,为了逃避砂州州议会的监督。
也是砂州行动党主席的张健仁表示,他在今年4月州议会提呈的其中一个问题,有关砂州政府到底还欠多少岸外贷款的钱,有关的利息是多少及这些贷款的钱到底如何使用。这道问题首席部长没有回答,直到张氏悾言要今届议会动议,首席部长才于今年11月26日才给予答案。
张氏透露,这答案不只暴露砂州政府欠了巨额岸外贷款,更甚的是,这些贷款的利息数额,搞得令人咂舌。
以下是该答案所列出的,砂州政府介于2015年底,还欠的岸外贷款数额和利息:
1. Sarawak Capital Incorporated 的债卷,2026年到期。本金(俗称‘母钱’)欠1亿6500万美元,尚欠利息数额1亿4896万美元。
2. Equisar International Incorporated的债卷,2026年到期。本金欠5亿3350万美元,尚欠利息数额5亿5675万美元。
3. SSG Resources Ltd Notes的债卷,2022年到期。本金欠5亿6000万美元,尚欠利息数额2亿3800万美元。
张氏指出,砂州政府介于2015年底,外债总数是22亿221万美元,以目前1美元兑4.2令吉的兑换率,砂州政府的外债是约92亿5000万令吉,其中约55%是利息和令吉下跌的亏损。
他说,虽然首席部长的回答企图给予理由解释为何砂州政府要借岸外贷款,但是,这些解释只是欲盖弥彰,越描越黑,更加肯定我所怀疑的,有关砂州政府这些岸外贷款之处。
砂州政府的岸外贷款利息太高
张氏表示,政府举债借岸外贷款是非常普通的一个政府筹资的方式。但是,在这方面,砂州政府的岸外贷款所不寻常的是,它的这些贷款的利息太高了。
他指出,根据这答案所透露的,砂州政府的这些贷款平均利息高过每年6%。这是比普通马来西亚政府债卷所付的利息,高出约40%。
“砂州政府自夸有270亿令吉的储备金。这些储备金在银行所能赚取的利息最多也是介于2 – 3%利息。为何政府把钱放在银行赚那2 – 3%的利息,但同时却还超过6%的利息借岸外贷款? 这不合逻辑。”
张氏质问,这些债卷的持有者是谁?这些债卷持有者是否与砂州国阵那些在海外存有很多钱的领袖有关系?为何砂州政府要还如此高的利息去借钱?
岸外贷款资金流动,不受州议会监督
张氏指出,首长的答案中也透露,这些岸外贷款所借的钱,是用在“策略性的投资和基建发展”。
张氏说,这种答案根本就是掩饰性答案。 这显示,砂州政府根本就是在借这岸外贷款的管道,逃避砂州议会的监督和部长的问责责任。
他说,当州政府要从砂州政府的统一户口拨款进行任何发展计划,它必须在州议会通过每年度的财政预算案或附加财政法案寻求议会的通过。在这些预算案或附加法案的辩论中,部长们就必须回答议员们对一些工程计划的质问。
“但是,如果这些发展计划是由岸外贷款所筹资的钱资付,那部长就无需在议会针对这些工程给予交代。部长只需向州议会交代说,钱是拨出还债卷就可了事了。至于债卷的钱如何使用,则部长们就无需向州议会交代。”
张氏质问,这些岸外贷款所筹得的钱,到底还给谁?钱是拿来做什么工程?这些工程是否有经过公开招标方式批出?这些工程是否有超支,有‘干捞’成分?目前这些工程的进展如何?
张氏说,虽然在法律上,因为这是经由岸外贷款所支付的工程,部长们没有责任在州议会回答这些问题,但是,既然阿德南口口声声要更透明的施政,在民主问责的精神和原则上,阿德南有义务交代清楚这些问题。

State Government Uses Off-shore Loan to By-pass Scrutiny by DUN

28-11-2015
State Government Uses Off-shore Loan to By-pass Scrutiny by DUN
Over the last 10 years, the Sarawak Government has been engaging in off-shore loans to circumvent the scrutiny of Dewan UndanganNegeri on a major portion of its expenditure. For that, it is paying obscenely high interest in US dollar.
The State Government had been reluctant to disclose the amount of off-shore loans taken up by its subsidiary companies. I submitted the question before the April 2015 DUN sitting began and only received the answer to it on 26-11-2015, after I threatened to move a motion against the Chief Minister for failure to provide answers to my question.
The answer to my question provided by the Chief Minister reveals a large amount of foreign debt owed by the State Government. What is more shocking is the extremely high interest rates that the State Government is paying for these loans.
The followings are the particulars of the off-shore Loans owed by the State Government as at end of Financial Year 2015:
1. Sarawak Capital Incorporated Bond due in 2026. Principal amount still owing is US$165.0 million and balance of interest owing is US$148.96 million.
2. Equisar International Incorporated Notes due in 2026. Principal amount still owing is US$533.5 million and balance of interest owing is US$556.75 million
3. SSG Resources Ltd Notes due in 2022. Principal amount still owing is US$560.0 million and balance of interest still owing is US$238.00 million
In total, the State Government had a US2,202.21 million of foreign debt. With the present exchange rate of 1US$ to RM4.2, that is a whooping RM9.25 billion of foreign debt, 55% of which are for interest payment and forex losses.
In the answer provided, the Chief Minister tried to justify these borrowing but failed miserably. It only confirms my suspicion that there are great improprieties in these off-shore loans taken up by the State Government.
It is normal for Government to seek finance from the capital market (ie. to borrow), however, what is not normal in these loans are the extremely high interest payable by the State Government on these loans. On average, the State Government is paying more than 6% p.a. on these loans. That is 40% more than the average interest paid on sovereign loans taken up byMalaysia Government at the relevant times.
The State Government boasts of having RM27 billion reserves. These reserves, being fixed deposits, are at most earning 2 – 3% p.a. interest. Why borrow and pay interest at more than 6% p.a. when we have the money sitting in the bank earning 2 – 3% interest only? It doesn’t make sensible financial sense.
Who are the bond-holders? Are those bondholders someone related to the top BN leaders with a lot of money overseas? Why is the State Government paying so much interest on these loans?
The second impropriety of using these off-shore loans “for strategic investment and infrastructure development” is that it shields the use of fund from the scrutiny of the DUN and that the Ministers can then not be accountable to the DUN for the use of the money.
When fund is paid out from the consolidated account of the State Government, it is done through the DUN in the annual budgets and supplementary budgets. There and then, all items of the development have to be listed and the ministers have to be answerable to the ADUNs on questions raised in respect of the items listed under the budgets.
However, when the money is paid out from these off-shore loan, no questions can be asked. The Minister simply has to tell the DUN that the money is paid to repay the loan. As such, the answer that I received is as vague as can be, ie. a general statement “for strategic investment and infrastructure development”.
To whom the proceeds of these off-shore loans were paid? What are the projects involved? Whether any open tender being called for the award of these projects? Are these projects over-priced? How is the progress of these projects?
By financing these so-called “projects” through these off-shore loans, the Government needs not be answerable in DUN for the above questions.
However, if Adenan truly walk the talk, we call on him to give a full detail of the spending of these off-shore loans instead of hiding the details with general statements.

Tuesday, November 10, 2015

No loss for Sarawak’s rural villages as BN counters DAP’s Impian projects


Villagers and Impian Sarawak volunteers move a rock to make way for a piping project in Kampung Long Luping, Lawas, Sarawak. DAP says its initiative will ultimately benefit rural people even if it cannot deliver votes in the face of Barisan Nasional's machinery. – The Malaysian Insider file pic, November 10, 2015. 

With DAP's Impian Sarawak gaining traction in remote communities, it was only a matter of time before Sarawak Barisan Nasional (BN) would have to respond to counter the impact of the opposition party's popular initiative to provide rural folk basic amenities such as water supply and roads.
The Sarawak BN's message is simple yet deceptive: it tells villagers that it is useless to support DAP because Impian Sarawak projects are inferior in quality. Whereas, the BN will provide better roads, water supply and other services.
The message is being spread by Sarawak’s ministers to all villages and is repeated in the BN-controlled regional press, in order to nullify Impian’s impact ahead of state elections next year.
The Impian project, however, was started by the opposition party to deal with deficiencies in Sarawak BN’s own government delivery system.
The BN campaign caused heads to shake in DAP, but its leaders argued that Impian would ultimately benefit Sarawak’s most deprived communities.
Development race
Political analyst Dr Faisal Syam Hazis has in the past warned that BN would go on the offensive once Impian Sarawak took off in late 2013.
Chief Minister Tan Sri Adenan Satem urges Sarawakians not to be taken in by DAP's Impian Sarawak, as the state prepares for elections. – The Malaysian Insider file pic, November 10, 2015.
Chief Minister Tan Sri Adenan Satem urges Sarawakians not to be taken in by DAP's Impian Sarawak, as the state prepares for elections. – The Malaysian Insider file pic, November 10, 2015.

In a development race where the Sarawak government has bigger machinery and more resources, the state would win, said Faisal, formerly of Universiti Malaysia Sarawak (Unimas).
In November last year, Chief Minister Tan Sri Adenan Satem did just that. He announced allocations worth more than RM655 million for minor rural projects.
Last April, Adenan urged Sarawakians not to be taken in by Impian Sarawak.
This was followed by Sarawak BN ministers and politicians dismissing Impian projects as publicity stunts.
But Sarawak DAP chief Chong Chieng Jien does not think BN’s new narrative against Impian is a problem.
Despite Sarawak BN’s messages in the local media, it has not stopped demand from villages towards Impian projects.
It is learnt that Impian is currently planning 16 projects which include infrastructure, education and medical camps throughout the vast and remote state.
“It’s good that we managed to wake BN up from their slumber and forced them to pay attention to their neglect of the poor and rural areas,” said Chong.
On the other hand, there is already a mentality in Sarawak that the party you vote for has to provide for you no matter if it is the government or the opposition.

“So if you don’t do anything about it to show you can deliver, then people go back to the BN anyway.”
State DAP chief Chong Chieng Jien (right) says Impian Sarawak is to address real problems faced by Sarawak's rural folk, while the project's coordinator Tony Pua (left) says the party is not in it for the votes. – The Malaysian Insider file pic, November 10, 2015.

No loss
The Impian programme, Chong said, was never meant to compete with the state government in providing basic amenities to rural folk.
It was aimed at meeting needs of the rural people in the interior who were locked in a cycle of poverty that made them reliant on patronage politics.
“You can’t go into the villages and talk about good governance or fighting corruption because their concerns are more basic than that.
“You need to show them something tangible,” said Chong, the Bandar Kuching MP and state assemblyman for Kota Sentosa.
By providing a water supply system or building a road, Impian would free them of worrying about those basic necessities, said Chong.
“Then they can start thinking about bigger issues such as good governance, higher education and jobs.”
If the competition spurred by Impian is able to jolt the Sarawak government into meeting those basic needs, then the DAP initiative would still have fulfiled its original aim.
“In the end the rural folk are the beneficiaries,” said Chong.
DAP national publicity chief, Tony Pua, who coordinates all Impian projects in Malaysia, insists that the party is not in it just for the votes.
“Even if it does not make a political difference for us, it makes a real difference in the lives of people who have had to live with no electricity, water, roads. And that cannot be seen as a loss.”
 – On themalaysianinsider  November 10, 2015.

Friday, November 6, 2015

Impian Education Camp – BE Our Volunteer


More education camps are coming up this year-end school holidays. If you are keen in making learning fun, interesting and enjoyable, help us inculcate that for the rural communities of Sarawak.
Volunteers are needed to facilitate our activity-based program modules, or help us with administrative / logistics / photography / food and beverage matters.
Your expenses will ONLY include your return transport to the camp sites. All applications must reach us by 10th November 2015.
For more information, please email to impian.edu@gmail.com








For those who are interested, please fill in this form:



Water Project in Sg Iran, Song

Volunteers Wanted! - Water Project in Sg Iran, Song

We're looking for volunteers to join us for the project which involved civil works. Dates are 21 Nov - 29 Nov 2015.

Due to inaccessible road for this location, all transportation is rely on ekspress boat and longboat. Volunteers who wish to participate must acquired certain level of tread water.

Deadline for registration : 13 November 2015

For those who are interested, please fill in this form:http://impianmalaysia.com/registration/index.php

Tuesday, November 3, 2015

DAP throttles on with Katibas centre, anoints Paren for Song

The opening of DAP Katibas Service Centre on Saturday by Chong (second left). Next to him his Ling. Paren is on the right.
SIBU: Sarawak DAP opened its service centre in Song last Saturday as it took another step to infiltrate the heart of Sarawak to serve the rural populace.
Called ‘DAP Katibas Service Centre’, this is the third one opened for rural folks in the Upper Rajang Reach. The first being the Kapit service centre opened in 2013 and the second in Belaga. Its political education director and Sibu MP Oscar Ling confirmed yesterday they were making inroads to the Song community as local lad Paren Nyawi had been active there since the beginning of the year.
“We are ready with the folks of Katibas to face the next election. During the service centre opening last Saturday by our Sarawak chairman Chong Chieng Jen, Chong said Paren’s candidacy would provide an alternative for Song.”
He said Katibas was a BN stronghold for more than five decades, and Chong said Paren’s candidacy would be a healthy race between DAP and BN.
Paren has a striking personality — a native known to all the folks of Song. He is not only a local who grew up and received his education in Song, but also a celebrity after he won Mr Borneo Hornbill Festival 2011 title.
“With the opening of DAP Katibas Service Centre, it will be easier for the people to work with DAP on issues that affect them.”
Apart from the service centres, DAP Sarawak has opened the throttle with centres to serve the rural community in the Upper Rajang Reach. Ling said they had also opened others elsewhere in Sarawak, including the ones in Mas Gading, Betong, Belaga, Sungai Asap, Lawas and others.
On theborneopost November 3, 2015, Tuesday

Sunday, November 1, 2015

7000万疏通诗巫交通计划,火箭提议获关注

(本报诗巫31日讯)诗巫行动党4名代议士联名写信要求首长阿迪南拨款7000万令吉扩建诗巫外围道路和疏通诗巫交通的发展计划,首长的高级私人秘书已于本月16日回函答覆指,该事件已获关注。

写信给首长的四名代议士是柏拉旺州议员黄培根、都东区州议员叶海量律师、诗巫区国会议员及南兰区国会议员刘强燕

他们是在本月12日联署签名写信给首长,要求首长拨款落实诗巫行动党建议的该项计划。

柏拉旺区州议员黄培根于今午,在诗巫行动党总部举行的新闻发布会上披露,写给首长的信函是在本月12日呈给对方,而对方就在4天后就回函。

他表示,好的政府是不会拒绝好的建议。因此,砂州第二财长暨地方政府及社区发展部长拿督斯里黄顺舸所指的行动党后知后觉,该党在做戏的说法是站不住脚的,只因有关回函中,对方并没有提到提呈建议书的日子已经太迟了。

他指,黄部长的说法是在推卸责任。

促黄顺舸争取拨款

他说,该是时候了,做了20年部长的黄部长为诗巫做一些贡献,即确保下个月召开的州议会中,争取将此计划纳入2016年的财政预算案中。

又或者他可以拿出比诗巫行动党更好的建议计划来发展诗巫,否则如果没有是项7000万令吉的拨款,诗巫人民是可以将责任归咎于黄部长身上。

他指出,黄部长不能以诗巫因反对党胜太多而不能发展的责任归咎于该党的身上,相信那令选民痛恨,因为怪罪行动党的做法形同怪罪选民,只因行动党议员都是选民票选出来的代表。

“将诗巫发展课题怪罪予行动党只会令黄部长在政治上站不住脚,他应该辞职了。”黄培根如斯称。

火箭选区发展迅速

另一方面,也出席新闻发布会的行动党州主席张健仁律师则表示,黄部长将诗巫没有发展与行动党扯上关系是一种白色恐布或恐吓选民的手段,已经过时了。

他说,事实证明,行动党的区如古晋、美里、槟城及吉隆坡的发展速度迅速。

他相信诗巫选民不吃对方的那一套。

他提醒黄部长不要忘记,因为黄部长的议员津贴及部长的薪水也是来自诗巫部份选民,所以对方的这种伎俩,即在行动党手上的区是没有发展的言论是自打嘴巴。

他希望作为政治人物及20年部长的黄部长要置人民的利益为前提,以人民利益为依归,希望对方不会在搞破坏。

他指出,来自首长署的回函即已表示已关注该事项,即使黄部长在州议会中不给予支持,也不希望对方搞破坏。