TNB meter reader who became billionaire



Top Malaysians CROOKS

We contingency all remember Muhyiddin Yasin is a partner of Syed MokhtarAlbukharey. Syed Mokhtar who now controls a following companies:


MMC
DRB Hicom
Proton
Malakoff
Johor Port
Senai Airport
Port of Tanjong Pelepas
Bank Muamalat
Padiberas Nasional
CSR Sugar
Gardenia
MPH Bookstores
Penang Port

Now he is after..

RTM
KTMB
Bank Islam
Remember Muhyiddin was a TNB meter reader as well as is now a DPM can youimagine how most intelligence this man has as well as he is running thecountry... GOD Help Malaysia. He IS shit.

The world's richest Malay (Syed Mokhtar Albukharey)got really abounding since he worked his assoff - AT being a associate of Muhyiddin as well as Mahathir. Virtually all hisassets were handed to him upon a china plate. Stamford Holdings Sdn Bhd
http://malaysiansmustknowthetruth.blogspot.com/2011/12/stamford-holdings-sdn-bhd.html

Muhyiddin called up Stamford again, as well as told them, "Look, we have thispiece of paper in front of me upon my desk. All we have to do is pointer itand Stamford Holdings will no longer own ! a 4,000 acres of land. Now,do you determine or not to rise a land as well as we take 70%?" Stamfordagain refused. The following week, they perceived a minute from theJohor State Governmen! t sealed by Muhyiddin observant which a governmenthas taken over a land. By Hakim Joe Stamford Holdings Sdn. Bhd. is aplantation association registered in Malaysia underneath a Companies Act and90% of a equities are owned by a Seet family from Singapore, theGan family as well as a Wang family from Malaysia.

In 1994, Stamford applied to a Johor supervision for accede todevelop a light industrial estate upon partial of a outrageous land holdingsnear a state collateral of Johor Baru. However nothing happened duringthe subsequent 4 years.

In 1998, dual Malaysians approached Stamford alleging which they werethe Johor Menteri Besar's (Tan Sri Muhyiddin Yassin), businessassociates as well as which they were means to means to get Stamford 'sapplication authorized promptly. The dual individuals were Syed MokhtarAlbukhary as well as Datuk Yahya Taib. The meeting was held in Singapore .
The a singular impending condition was which Stamford form a corner venturetogeth! er with t! sew lightly along with Tan Sri Muhyiddin Yassin wherebyStamford would retain 70% of a shareholdings in this JV association andthat a contingent would siphon in RM1,800,000 (approx RM3,397.50 peracre) into a JV Company to rise 1,766 acres of a 8,310 acres intotal land holdings.

In late 1989, Stamford concluded to a offer as well as a 4 partiesformed a JV company, which resubmitted a uninformed application to theJohor State supervision to convert a 1,766 acres of plantation landto industrial use. The new! applica tion was soon approved.

When a skill was after sole in 1994, a Muhyiddin group'sinitial investment of RM1.8 million had soared to RM83.2 million(4622%).

Meanwhile in 1992, Syed Mokhtar Albukhary as well as Datuk Yahya Taib againapproached Stamford 's directors, proposing to rise a remaining6,544 acres of Stamford 's Johor prime land holdings. However theconditions were opposite this time around. They were wi! lling to ! payRM30,000 per hactare to Stamford though demanded 70% equity stake. WhenStamford insisted upon maintaining a strange JV conditions whereby theyhold 70% equity as well as which a Albukhary - Taib- Yassin organisation payRM70,000 per hactare for a 30% equity stake, a singular of Muhyiddin'sassociates allegedly warned Stamford's directors which a landacquisition writings were upon a MB's table as well as could be "signed at anytime". Stamford refused

A couple of days later, Muhyiddin called up Stamford again, as well as told them,"Look, we have this piece of paper in front of me upon my desk. All Ihave to do is pointer it as well as Stamford Holdings will no longer own the4,000 acres of land. Now, do you determine or not to rise a land andI take 70%?" Stamford again refused.

The following week, they perceived a minute from a Johor StateGovernment sealed by Muhyiddin observant which a supervision has takenover a land.

In ! Jul 1994, a State Government of Johor strictly acquired theland upon behalf of a Johor Islamic Economic Development Corporation(Perbadanan Kemajuan Ekonomi Islam Negeri Johor) underneath a LandAcquisition Act.

Stamford Holdings, through a director, Gan Tee Kian, filed a suitin a Kuala Lumpur High Court upon Feb 4, 1995 claiming thatMuhyiddin, Syed Mokhtar as well as Yahya contravened a supplies of theLand Acquisition Act in appropriation a piece of land through a JohorIslamic Economic Development Corporation as well as sued a contingent for damagesfor purported swindling in appropriation land in Johor through a LandAcquisition Act.

In a suit, Stamford Holdings claimed a 3 had abused certainprovisions of a Act to take a 6,600 acres of land through theJohor State Islamic Economic Development Corporation regulating a singular of itssubsidiaries, Kelana Ventures Sdn. Bhd. Stamford Holdings additionally namedthe Johor State Government as a suspect in a suit, alleging thatMuhyiddin as well as a dual businessmen conspired to use a stategovernment's authority to take a land. Stamford Holdings wantsthe court to acknowledgement which a Johor State Islamic Economic DevelopmentCorporation was not entitled to invoke supplies of a LandAcquisition Act to take a in isolation landedproperty.

It had additionally claimed which Syed Mokhtar as well as Yahya had conspired withMuhyiddin to press for a land acquisition. In a suit, StamfordHoldings sought a declaration which a land merger practice wasnot done in good conviction as well as was therefore nothing as well as void.

Two weeks later, a box was transferred to a Johor Baru High Court.

On Feb a 24th, 1995, a Johor Baru Land Administrator done anaward sum of RM239,099,583.00 over a pronounced skill to StamfordHoldings. This comes to about RM36,670 per acre.

On Apr a 15th, 1995, a Johor Baru High Court struck out withcosts Stamford Holding's suit, observant which a asso! ciation had noreasonable cause of movement opposite a 5 defendants. Stamford 'ssolicitors afterwards brought a box to a Court of Appeal.

On Dec a 28th, 1995, Kelana Ventures Sdn. Bhd. deposited theaward amount with a Johor Baru High Court.

On March a 14th, 1996, another RM10,585,894.90 was deposited byKelana Ventures with a Johor Baru High Court as accrued interest.Subsequently when Stamford Holdings challenged a LandAdministrator's award, a pronounced endowment sum was revised by a JohorHigh Court by RM63,565,982.20 creation it a total of RM313,251,460.10(about RM48,000 per acre).

On Nov a 12th, 1996, a pronounced differential sum of
RM63,565,982.20 was further deposited with a Johor Baru High Courtby Kelana Ventures Sdn. Bhd.

It was during a time when this box appeared in a Court of Appealthat Asiaweek did a extensive inquisitive inform upon it, quotingad word for word Muhyiddin's phone call to a singular of Stamford's directors. TheJohor MB afterwards publicly denied all allegations done in an article ! onAsiaweek stating,

"There is not a singular fragment of truth in any of a allegationsagainst me" though unsuccessful to instigate legal calibrate opposite themagazine. This inaction speaks louder than difference as Asiaweek hasdeterred any legal movement from Muhyiddin by additionally observant upon thearticle which they have in their receive a taped conversationbetween Muhyiddin as well as StamfordHoldings.

On Dec a 11th, 1997, a Court of Appeal overruled a JohorBaru High Court's decision as well as systematic all proceedings in a civilsuit to proceed pending an appeal by a defendants.

On Jun! a 10th, 1998 a Federal Court postulated leave to thedefendants to appeal to a Federal Court opposite a decision of theCourt of Appeal as well as further systematic which there be a stay ofproceedings in a Johor Baru High Court polite suit.

Instead! of posterior a box in a Federal Court, all parties agreedto an out of court allotment as well as a Consent Order was available at theJohor Baru High Court. Judge Zainun Ali available a order afterlawyers for a association as well as a defendants concluded to solve a matterin a judge's Chamber as well as all parties endangered concluded upon a finalfigure of RM405 million as due remuneration for a compulsoryacquisition of a pronounced skill by a State Government in accordanceto a Land Acquisition Act (about RM62,000 per acre).

The judge afterwards systematic Kelana Ventures to compensate a differential amountof RM92,115,606.80 without delay to Stamford Holdings though authorised them aperiod of eighteen months to finish a payment. The sum was not orderedto be paid as indemnification though remuneration in lieu. He additionally systematic thatthe State Government and/or a Land Administrator divide a landto Kelana Ventures inside of 3 months from a day a Consent Orderwas recorded. The freehold land is in a mukim of Tebrau in JohorBaru.

Meanwhile, a judge additionally systematic Stamford Holdings to hand over theland title to Kelana Ventures inside of dual months from a day theConsent Order was recorded, as well as compensate retrenchment benefits to workersaffected by a send of a land to Kelana Ventures.

The judge further systematic which all a polite suits, polite appeals andmiscellaneous polite applications by a plaint! iff be s taid as well as bedisposed of.

No further movement was taken opposite Syed Mokhtar Albukhary, DatukYahya Taib or Tan Sri Muhyiddin Yassin who after became a DeputyPrime Minister of Malaysia .
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