Thursday 31 October 2013

Open letter to Tan Sri Fong Chan Onn

Dear Tan Sri Chairman,

I think your reply ( http://www.thestar.com.my/News/Nation/2013/10/26/Fong-Allegations-are-utter-lies-Reports-on-sale-of-Stars-assets-spread-with-intention-to-tarnish-ima.aspx ) to the allegations in this blog was so funny, I can’t believe you were a former Minister. But you are from MCA, so it’s okay.

You only beat around the bush but never answer the questions / issues / controversies. You may be able to bluff some people, but not everyone stupid like MCA leaders like to think we are.

You said the Bukit Tunku land was sold to a royalty who is relative of Tunku Abdul Rahman. Do you dare to name that person or his or her company? I bet you won’t dare to. Please do not think Star’s staff does not know about the real story to the deal. If the land not for property development, the owner paying millions to do what? Build Disneyland? Vincent know the whole story. He is part of the conspiracy.

On LiTV, you also never answer why Vincent Lee paid an expensive premium for the stake. RM35 million is a lot of money. That’s over RM20 million more than what it is thought to be worth. Where did the RM20 million go to? Vincent use the kickback to fund CSL to topple Liow Tiong Lai? If divide by 2,500 delegates, one person will get RM8,000. Still a lot of money.

About newsprint, you said the company has been very careful. Then, why is our competitor (like NST) paying average of US$560 per tonne when we pay US$650 per tonne? Ok, you said we didn’t pay US$650 per tonne. So, how much did Vincent pay? Show proof, don’t just talk and try to hide!

Star Chairman who must answer to the corruption in the company
Star also manipulate figures to mislead. We know Vincent issue directive to Finance to magically inflate the profits by factoring in the RM135 million sale of the old office in Section 13, PJ. This is under accounting principles, wrong because the building hasn’t even been built. This is to cover the huge drop in profits from operations.

Enough of this nonsense, Tan Sri. You and I know all this is due to the siphoning taking place right under our noses for political purposes. This unholy partnership of Chua Soi Lek, Vincent Lee and Chun Wai is treating Star like a bottomless ATM machine. But poor Chun Wai gets the smallest portion.

There is only one way to clear the air. Publicise the cash reserves and net tangible assets and compare between Steven Tan, Clement Hii and Vincent Lee. No need to be afraid if you are right.

Say what you like, Steven Tan is tops in terms of building this company into what it is. Now, I am sure he is upset at the destruction and pilferage committed by the corrupted trio who knows no shame.

Thank you.

17 comments:

  1. Wow! If you have proof, why don't you just lodge a police report.

    Don't hide behind this blog. You sound like a very disgruntled employee.

    get a life.

    ReplyDelete
    Replies
    1. Even report make this fellow worse do you trust those in power will
      do the right job bullshit

      Delete
  2. boring. tell us who is screwing who. thats more interesting.

    ReplyDelete
  3. If you have gut and go to MACC. No sure you may be thrown out from 13th floor of the MACC building.MACC is the lap dog of BN, it only protects the BN corrupted people.We challenge you HAVE NO GUT and BALLS

    ReplyDelete
  4. On a side note, I hope you were not part of the editorial team. Your grammar needs help. If you're from another department, then okay, it's understandable. Regards.

    ReplyDelete
    Replies
    1. Yes, your grammar needs help.

      Delete
  5. I am not from star, but please prove that 8000rm or a few million were given to CSL.

    ReplyDelete
  6. Good expose! Now, please follow up with hard evidence, copies of documents, numbers, etc.

    Majority of Malaysians already know how dirty the MCA bunch is. What you are dishing out just helps describe things better.

    By the way, how much is Jocelyn's share of the kick-back?

    ReplyDelete
  7. There is a big difference in making allegations and presenting proof. I could understand the reluctance to go to the police considering the intricate network of relationship between the police and some politicians. That should not stop the author to present all the facts here on the blog and let readers then make the police report on the basis of available factual information presented here. Boleh?

    ReplyDelete
  8. Only the gud Dr has made a proper comment. The rest, they also hiding behind the blog as the call themselves, "Anonymous". So, me also "Anonymous" lah!

    ReplyDelete
  9. sir,

    when is the sensational juicy story about that old nyonya juice coming out? cant wait lah

    ReplyDelete
  10. Yes... put up the proof here and let us judge

    ReplyDelete
  11. star is a bloody racist organisation. name one malay or an indian who holds top post in the Star? Can Chun Wai name one? please Chun Wai, please name one Malay or Indian staff who holds top position in the star?

    ReplyDelete
  12. anon:

    melayu cucuk lembu saja yang ada kat star tu...

    ReplyDelete
  13. All might be true or accurate but definitely not this: Say what you like, Steven Tan is tops in terms of building this company into what it is. Now, I am sure he is upset at the destruction and pilferage committed by the corrupted trio who knows no shame.

    Steven Tan came in to reap what was built by those who toiled for the Paper That Cares under H'ng Hung Yung and company and also his successor Gabriel Lee. Certainly not Steven Tan. A monkey would have made money for post-Ops Lallang The Star.

    ReplyDelete
  14. http://www.thestar.com.my/News/Nation/2013/11/21/Chun-Wai-and-June-Wong-move-up-the-ladder-at-The-Star.aspx So, what has been reported in this blog is true? Vincent taking the blame now? He is exiting it seems...

    ReplyDelete