PARLIAMENT FIASCO – MISTAKE BIG MISTAKE!

Dr Jacob George is president and legal adviser to the Consumers Association of Subang and Shah Alam (Cassa)

MISTAKE BIG MISTAKE – BROTHER! WHAT ARE WE TELLING OVER 27 MILLION MALAYSIANS BY THIS ACT OF LUNACY THAT HAS RECEIVED MEDIA ATTENTION HERE AND ABROAD?

THAT WE GO ALL THE WAY TO WEST ASIA TO SHOW WE CARE (?) GLOBAL PEACE THEY CALLED IT (?) BUT CHECK THE UN-TAMPERED   PICTURES IT TELLS ANOTHER STORY – AND ALL THAT SPIN AND HERO’S WELCOME STUNTS ON OVERDRIVE -PATHETIC – THEN AT HOME PURSUE THESE KIND OF IRRESPONSIBLE ACTION?

THAT WE (COMMONERS) CAN ELECT OUR MPs…… BUT WE CANNOT COME TO PARLIAMENT?

THAT WE ARE ‘UNTOUCHABLES’ – ‘A THREAT TO THE SAFETY OF THE MPs?’ – WE THE COMMON RAAYAT?

PRIME MINISTER NAJIB HAS A LOT OF WORK ON HIS HANDS IF HE WANTS TO WIN OVER THE ‘HEARTS AND MINDS’ OF ALL MALAYSIANS WITH THESE KIND OF ‘RAMBO AGGRESSIVE APPROACH’ BY THOSE WITHIN!

PICTURES SPEAK A THOUSAND WORDS!

AND THEY HAVE – YOU STUPID MORONS!

NOW PEOPLE WILL SPEAK MORE ABOUT THIS EVENT RATHER THAN THE TENTH MALAYSIAN PLAN THAT NAJIB PRESENTS TODAY – DESPITE AN EXPECTED SPIN!

STUPIDITY AND MADNESS RULES AGAIN! AND I CANNOT BUT WONDER WHO THE PATHOLOGICAL LIARS ARE? 

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CON MAN BALADEVAN THEAIVENDIRAM AND ASSOCIATES STILL AT LARGE! (Part 11)

Dr Jacob George is president and legal adviser to the Consumers Association of Subang and Shah Alam (Cassa)

‘New Delhi and Tamil Nadu CM must be also embarrassed but India too has her fair share of the corrupt using public office to enrich themselves and their families!

When the Indian PM visits Malaysia, I will certainly ask him many a question about this matter and also give him a copy of all that we have uncovered! ‘ – Dr Jacob George

RAILWAY DOUBLE TRACK – SEREMBAN TO GEMAS CORRUPTION FIASCO CONTINUES!

CON MAN ON THE RUN BALADEVAN THEAIVENDIRAM!

Baladevan Theaivendiram is on the run now.

So are his close associates with creditors and others cheated hunting for this rascal!

This includes those who gave logistic support, provided transport, those who assisted in the various fabrication and especially those in Chennai and Delhi are living in fear when they will be called for questioning by the authorities!

Their hand phones are turned off as they resort to pre-paid lines out of fear!

Chennai and certain Indian officials are totally embarrassed how they allowed an unemployed trickster and conman to come into contact with them and to hold those private lobbying for the 3G telecommunication license where millions of under table monies were promised for ‘introductions’ and ‘lobbying!’

Baladevan Theaivendiram played out not only his family but close friends and others who gave him an opportunity to come clean and good in his 58 miserable year of birth but ‘old habits’ die hard what more how can a pathological liar, trickster and conman change from an habit he has so grown to be accustomed to – cheating people!

But these questions need answering:

1. Who gave him that confidential letter of award between Malaysian and India?

2. How did he get control of the total specifications, drawings, pricing of the entire Seremban to Gemas project which he attempted to sell at RM5 Million at one time but had no takers?

3. Who gave him the two letters claimed to be Ministry of Railway’s Railway Board letters? (see Blog posting part 4 on this subject)

4. Who gave him that recent letter written by Ircon International Managing Director to Malaysia’s Transport Minister?

5. Who is A.P. Misra and what is his role in all these allegations? Is he also a victim or a player? I will be meeting AP Misra soon perhaps he will reveal all so that justice is done!

I am certain in the course of police investigations both here and in India all these matters will be pursued and revealed leaving no stones unturned!

Delhi must do its part and seriously too if she does not want to lose out on future deliberations!

In the meantime, scumbag and rascal Baladevan Theaivendiram will celebrate his 58 birthday living a miserable life and one cheating innocents on 14 June 2010!

But the possibilities are there too that he may spend that day in a Malaysian jail!

As for India – this may be the last time they may work in Malaysia!

 Our campaign against RACISM AND GENOCIDE of all forms!

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THIRD PARTY INSURANCE REVIEW – SAY NO NAJIB’S GOVT URGED!

GOVT URGED TO REJECT BANKS NEGARA’S FROLIC INTO THIRD PARTY INSURANCE CHANGES!

Dr Jacob George is president and legal adviser to the Consumers Association of Subang and Shah Alam (Cassa)

CASSA also rejects the intention of Bank Negara to set up a new company with government involvement and funding!

Is the real intention of Bank Negara in pursuing this matter of setting up a new company to control and play a role in it directly, indirectly or by the appointment of a retiring Bank Negara official (s) on the board of such a structure and entity with vulgar salaries and perks?

Does Bank Negara want the government to fund this new company at a tune of over RM500 Million per year as majority shareholder with the industry playing a token role?

The pertinent question then is why should the government get involved?- Dr Jacob George

The Consumers Association of Subang and Shah Alam Selangor (CASSA) today accused Bank Negara of going on a ‘frolic of its own’ and spearheading their ‘own private interest and agenda’ in proposing drastic changes to the present third party insurance scheme.

Based on CASSA’s comprehensive study and ‘meet the community sessions’ throughout the country, which includes, rural communities in the estates, villages, new villages and in Sabah and Sarawak, it is clear, that there is widespread anxiety and anger at Bank Negara’s frolic into third party insurance schemes.

What are presently needed in the system are more insurance companies being legally required to provide third party coverage ‘as a national service’ and at a cost that is fair and reasonable.

This is only fair and reasonable in view of huge vulgar profits these companies make in other sectors of the insurance schemes!

There is also a need for insurance companies to speedily make payments after court judgments instead of frustrating the course of justice by delaying tactics, more bureaucratic red tape and for appeals!

These actions by Bank Negara also damage the proactive changes and speedy resolution of court cases by the present Chief Justice!

CASSA also rejects the intention of Bank Negara to set up a new company with government involvement and funding!

Is the real intention of Bank Negara in pursuing this matter of setting up a new company to control and play a role in it directly, indirectly or by the appointment of a retiring Bank Negara official (s) on the board of such a structure and entity with vulgar salaries and perks?

Does Bank Negara want the government to fund this new company at a tune of over RM500 Million per year as majority shareholder with the industry playing a token role?

The pertinent question then is why should the government get involved?

How is the government going to explain to the masses in Malaysia that while they are asked to forgo their subsidies here, we have a classic case of Bank Negara inducing a ‘new subsidy scheme?’

Whose rights, interests and agendas are Bank Negara pursuing?

The Malaysian consumers who are now struggling with ‘bread and butter issues’ and the escalation of prices for essential goods and services or the cronies, retiring senior BNM officials and the insurance industry?

In view of the groundswell of rejection towards these radical changes CASSA appeals to the Government to immediately reject any moves by the central bank to interfere in this matter.

 Our campaign against RACISM AND GENOCIDE of all forms!

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THIRD PARTY INSURANCE – STOP BANK NEGARA GOVT URGED!

CASSA: THIRD PARTY INSURANCE CHANGES – CENTRAL BANK UNDERMINING CONSUMER INTEREST!

Dr Jacob George is president and legal adviser to the Consumers Association of Subang and Shah Alam (Cassa)

The Consumers Association of Subang and Shah Alam Selangor (CASSA) today accused Bank Negara of going on a ‘frolic of its own’ and spearheading their ‘own private interest and agenda’ in proposing drastic changes to the present third party insurance scheme.

Bank Negara has claimed that the amendments are necessary for the following reasons:

1.     Ensure availability of basic protection to motorists

2.     Provide basic protection at reasonable premiums

3.     Additional cover on top of basic protection will be

available

4.     Faster settlement of claims

We are told that at end-2009 there were approximately 10.8 million motor insurance and takaful policies issued by insurers and takaful operators.

We are told that comprehensive policies make up 67.2% (7.24 million) of total policies issued while third party policies make up 32.8% (3.54 million)

We are told that the majority of comprehensive policy owners were owners of private cars. For third party policies, majority are motorcyclists!

As far CASSA is concerned all of the above 4 reasons are blatant misrepresentations and misleading.

And such we want to address each of the above radically!

Both one and two are available today and as it stands there is no necessity whatsoever to make any changes.

What is however necessary is that we have more insurance companies providing third party insurance coverage at reasonable rates to consumers.

We now ask why the need for an additional top-up is.

Whose rights and interests are being met by this top up?

Is this not profiteering?

How will Malaysian consumers in the target group of the lower income and the poor afford an additional ‘top-up?’

Will this not further create a consumer backlash against the federal government?

Will not the federal government’s MPs and State Assemblymen face the brunt of the backlash in the various political constituencies?

Bank Negara claims that for every RM1.00 paid by consumers Insurance companies are paying out RM2.67 as claims!

In other words, the state of Insurance companies in this country according to Bank Negara is one of loss and soon by that contention we will see most, if not all insurance companies going bankrupt!

As far as CASSA is concerned this is again a blatant lie!

Why is Bank Negara just citing third party insurance claims when the whole question of insurance covers many lucrative and profitable areas which reap in billions of profits?

Is this RM1.00 referred to by Bank Negara, the entire premium paid by consumers or only a portion of the premium paid?  If it is only a portion of the actual premium paid by consumers, then Bank Negara has again misled the public.

Anyway, in return for the billions they make as profits from other sectors of insurance, is this not a way of giving back something to the Malaysian society?

This could be the Insurance Company’s national service.

Secondly we ask two pertinent questions:

1. Are Insurance companies really on the brink of losses and bankruptcy? If so – are they prepared to open their financial books for us to appoint an independent panel of accounting experts to conduct an exhaustive and comprehensive investigation into their financial state?

2. We need to look at their salary structures and fringe benefits, perks, bonuses to see if really they are financially suffering. That there are no leakages, seepages and over salaried officials in the sector!

3.  We need to assess if there has been massive retrenchment and salary cuts taken across the board as well.

4. Most importantly if the insurance sector is indeed losing money, why is there a lobby for more insurance licenses to be distributed?

Is Bank Negara really articulating the grievances of the Insurance industry or going on ‘a frolic’ for their own private agenda?

Bank Negara has gone on record to say that they will facilitate redress between 2 to 4 weeks!

This is a mammoth misrepresentation and a blatant lie!

For redress, we need to ascertain fault and to determine fault, we need police reports and secondly to determine injury, we need comprehensive medical reports and based on the present track-record only an absolute idiot will say that we can determine both in a fast track procedure within 2 to 4 weeks!

Another important question raised is why the need to restructure motor policies when the present proactive changes brought about by Chief Justice Tun Zaki is addressing this issue admirably!

1. There are designated courts to address this matter.

2. We have mediation

3. Guidelines on awards have been followed through conservatively unlike awards in the US or the European Union!

So what is the ‘real issue and motivation’ on the part of Bank Negara here?

Today, I accuse the Central Bank of misleading the nation and in particular, the Prime Minister!

The Central Bank instead of addressing issues that we have from time immemorial brought to them like the irresponsible behavior of banks, bank charges, the ‘black hands’ working with third parties in foreclosures, the repossession of vehicles, credit card fraud and its profiteering charges, involvement in abandoned construction projects is spending far too much time and resources on an issue which is an non issue!

What about taking steps to reduce the existing leakages in the insurance industry – for example, motor repair claims been settled by insurance companies at exorbitant amounts?

What about fast tracking redress for clear cut negligent cases where there has been loss of innocent lives instead of haggling and appealing and ultimately frustrating the rights and interests and of true justice for the victim!

Does Bank Negara have an ulterior motive in spearheading this restructuring!

Is the real intention of Bank Negara in pursuing this matter of setting up a new company to control and play a role in it directly, indirectly or by the appointment of a retiring Bank Negara official (s) on the board of such a structure and entity with vulgar salaries and perks?

Does Bank Negara want the government to fund the new company at a tune of over RM500 Million per year as majority shareholder with the industry playing a token role?

The pertinent question then is why should the government get involved?

How is the government going to explain to the masses in Malaysia that while they are asked to forgo their subsidies here, we have a classic case of Bank Negara inducing a subsidy scheme!

The supposedly loss making part of the motor insurance claim is taken over by a Government owned company while the profit making part of the motor insurance claim is retained by insurance companies.  Who is Bank Negara trying to help?

I wish to warn and point out that consumers will never accept such a change which serves in my contention the interest of the insurance industry and the central Bank’s cronies!

For this reason and this reason alone, CASSA appeals to the Prime Minister and the Ministry of finance to reject the Central bank’s attempt to serve private interest rather than that of over 27 million Malaysian Consumers!

The present system is working and as such, there is no need for the government to get involved or initiate radical changes that serves not the poor, marginalized and grassroots communities.

 Our campaign against RACISM AND GENOCIDE of all forms!

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