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Corruption

History Doesn’t Repeat Itself, Stupid People Repeat History

History tends to repeat itself – a quote that is frequently used although nobody knows exactly who started using it or when it was first being used. Stock investors, analysts, traders and writers especially in the technical analysis field will tell you people still tend to repeat their own mistakes in both bullish and bearish […]

... written on Jun 28 2011

Despite Being Hacked, Malaysian Govt Shows Arrogance

Malaysia’s Communications and Multimedia Commission (MCMC) said that it detected service outages due to attack to 91 websites, 51 websites of which are in the .gov.my domain and that 41 of the sites suffered various levels of disruption including http://malaysia.gov.my and http://sabahtourism.com. The ‘Operation Malaysia’ was executed by an international hackers group called “Anonymous” who […]

... written on Jun 17 2011

Govt, TNB & IPP Milking Petronas & People – These Charts Tell All

On 31-Mar-1993, Tenaga Nasional Berhad (TNB), Malaysia’s main energy provider and a government-linked company signed a 21-year Electricity Power Purchase Agreement (PPA) with IPP (Independent Power Producers) Yeoh Tiong Lay Corporation Bhd. (YTL). This was the first PPA ever signed by TNB with an IPP license for the Paka and Pasir Gudang Power Stations. Very […]

... written on Jun 02 2011

Chinese Prisoners Make Money Play Games, Farm Gold

Prisoners at the labour camps in China are going high-tech – breaking rocks and digging trenches in the open cast coalmines through days but playing online games at night. These prisoners worked 12-hour shifts in the camp earning 5,000 – 6,000 renminbi (US$770 – US$920) a day playing addicted games such as World of Warcraft. […]

... written on May 27 2011

How Much Fuel Hike Will It Be – 5 sen, 20 sen, 40 sen or None?

Next month will be the Judgement Day for both consumers and the Malaysian government. The petrol price hike is almost certain. The only question is by how much will the government increase RON95 after its brother RON97 was increased by RM0.20 a liter early this month. Another interesting event is whether the government would lower […]

... written on May 25 2011

The 10 Expensive Mistakes That You May Not Know

People make mistakes and some of them could be very costly. Some knew of the consequences but still the sex pleasures overrule everything. Many don’t really care because it was the public money. Some tried to cover their mistake but it got worsen and the hole got bigger. And of course some thought things can’t […]

... written on Apr 29 2011

Min RM27 Million Rip-Off From Tricubes Email Project?

Khairun Bin Zainal Mokhtar, CEO and biggest single shareholder of Tricubes Berhad (KLSE: TCUBES, stock-code 0062) disposed 20,000 shares and transferred 2,000.000 shares to his wife, Zalianna Binti Mohd Zaman Khan, according to the latest changes in shareholders received by Bursa Malaysia on 14 Feb 2011. Effectively Khairun’s direct shares reduced to 38,690,734 or 29.31%. […]

... written on Apr 27 2011

Tricubes Email Service – How To Recoup RM50 Million?

Malaysian Prime Minister Najib Razak should be extra sensitive and cautious in rushing to promote his pet-initiative Economic Transformation Programme (ETP). Just like his predecessor Abdullah Badawi who was so obsessed with multiple Corridor propagada until he was himself shown the corridor’s exit, it seems Najib is equally obsessed with ETP, an initiative which was supposed […]

... written on Apr 21 2011

Cyber Attacks On Malaysiakini – 5 Things To Do

Malaysiakini.com, the second most visited news website by more than 17 million internet users in Malaysia was down from 11 am yesterday, thanks to cyber attacks. The website technical team believed the inaccessible was due to denial-of-service or DOS attack. Malaysiakini said both their servers which were hosted locally at two data-centres – TM Brickfields […]

... written on Apr 13 2011

Nuclear Plants – Balancing Corruptions And Risks

Sometimes it’s super dangerous to have politicians who couldn’t care less about human lives as long as they can make some millions (through corruption) at their backyards. It’s one thing that your country couldn’t generate enough power to need demands but it’s another thing if you’re toying with the idea of nuclear plants when you’ve […]

... written on Apr 05 2011









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