“PM Najib BOLA K.O. by Best Friend…??”

It seems that the saying,”Your best friend Knows bests.He will always be the person to bring you down.Nothing is too small to escape him”PM Najib now has his hands full. What can he not do not to issue the football licence to Berjaya Corporation.? However, whichever he has to betray his closest ally or else he will go the same way as previous top man in History.

Simple PM Najib Remember Ceasar….??

A PM if he is too nice he will suffer the consequences. “THE DOWNFALL….. This way even the English Premier Leagu(EPL) cannot save Berjaya. If PM Najib needs to say no he can say,”What happened to Cardiff City..? Didn’t they promise you PM Najib..??That’s all PM and we are all on your side and if you do that you will be still in power after GE13.

This report is very damaging PM to your Credibility..

Mega-conglomerate Berjaya Corporation has attempted to stitch the lips of its critics, insisting that it has approval from the government to conduct legalised sports betting.

In a statement issued to Bursa Malaysia yesterday, the company stood behind its May 12 announcement to the bourse containing their proposal to take over 70 percent of Ascot Sports Sdn Bhd – the company that holds the gambling licence – worth RM525 million in stakes.

azlan“We note that there had been many conflicting discussions about the actual status of the approval given to Ascot to operate sports betting in the country.

“In compliance with the directive from Bursa, we wish to reiterate certain parts of the (May 12) announcement…

“‘It was stated inter-alia that ‘the Minister of Finance has given its approval for the re-issuance to Ascot of the licence to carry out sports betting operations upon certain terms and conditions.

“’In paragraph 8 which listed out the Approvals Required, sub-paragraph (d) stated, ‘The Minister of Finance for the re-issuance of the sports betting licence and the changes in shareholders and directors in Ascot, if required.’”

“As such it is evident from the above statements that Ascot has approval from the finance minister to conduct sports betting operations and that the formal licence – which was first issued in 1987 – is pending re-issuance,” said the one-page statement.

Ivincent tan sports bettingncidentally, the 70 percent stake in Ascot Sports belongs to Berjaya Corp chairperson Vincent Tan.

Yesterday’s statement breaks a week-long silence on the part of both the government and Berjaya over the issue.

Government officials stonewalling questions on the controversy, along with the sudden cancellation of a press conference yesterday by Minister in charge of Islamic Affairs Jamil Khir Baharom, stirred up speculation that Prime Minister Najib Razak had issued a gag order to his cabinet not to discuss the matter in public.

At the same time, Berjaya officials have also been tight-lipped about the details of the approval, although it is understood that the government had issued the company a ‘letter of approval’ in January.

Ball back in government’s court

The latest move by Berjaya is seen as volleying the ball back into the government’s court, which has appeared to backtrack on its decision to award the licence in the wake of strident public opposition.

The announcement is also seen as quelling investors fears sparked by speculation over whether Berjaya had misled Bursa and the public in its initial announcement.

Industry insiders have, however, said it was highly unlikely that Berjaya would have done so, especially after Tan himself – a battle-hardened business tycoon – gave a rare press conference last Saturday to announce that he would donate the money from his stakes to his Better Malaysia Foundation.

The issue ignited a new round of controversy on Monday when Najib, who is also finance minister, said in a written reply to Batu MP Tian Chua in Parliament that the government had yet to issue the licence to Ascot Sports pending “feedback from the public”.

Ascot Sports was initially granted the licence in 1987, but it proved to be an unprofitable venture before the advent of satellite TV and the Internet in Malaysia.

It was revoked in 2004 under then premier Abdullah Ahmad Badawi, but it is now “pending re-issuance” as stated by Berjaya.

If issued, sports-betting will come alive in 220 selected Sports Toto – also part of Berjaya’s group of companies – outlets in West Malaysia come September in time for the highly popular English Premier League.

Berjaya also has in its sight plans to offer the service through the telephone, which they had estimated will make up 70 percent of total revenue, with betting on other popular sports apart from football.

The Pakatan Rakyat governments of Penang, Selangor and Kedah have thrown a spanner in the works for Berjaya by banning sports betting in their respective states.



4 thoughts on ““PM Najib BOLA K.O. by Best Friend…??”

  1. Ho :lol: Ho :lol: Ho :lol:
    :lol: Nobody want any of them n Happy Weekend n Relax n All The best to everybody :lol:

  2. Malaysia In the Global Competitive Report 2009-2010.

    1. The Global Competitiveness Report covers 133 countries through its 12 pillars of competitiveness involving 110 indicators. 80 percent of these indicators (86) are based on Executive Opinion Survey and 20% (24) are quantitative in nature such as Gross Domestic Product (GDP),Government Spending, Inflation Rate,Expenditure on Education and Tax rate.

    2. Global Competitiveness results for the top 10 countries of Switzerland, United States, Singapore, Sweden, Denmark, Finland, Germany,Japan, Canada and Netherland show a measureable decline in average score since last year, from 5.51 out of a maximum score of 7 to 5.45 this year. In the context of current recession, the competitiveness performance of top-performing countries on average had declined.

    3.Malaysia was ranked at 24th position out of 133 countries with an index score of 4.87, slipping downwards by three positions in the previous year in the recently released Global Competitiveness Report 2009-2010 by the World Economic Forum. This decline is essentially the result of unfavourable assessment of institutional framework which had been exhibiting a downward trend since 2007, causing Malaysia to fall from 17th to 43rd position in this dimension in just 2 years.

    * The institutional environment is determined by the legal and administrative framwork within which individuals, firms and government interact to generate income and wealth in the economy.

    NOw, were Najib and his deputy been misleading the nation by bragging that Malaysia is the 10th most competitive country?

  3. Once for all I always believe that UMNO/BN PM Najib is always lying to all the rakyat. He’s lying everyone including the UMNO/BN members. Once n for all I request u all to kick out this liar PM. Can’t we see n hear 2day he says these n 2moro he say thats. What a great liar is this PM? U all Malaysians what the hell u ask this guy to be ur PM? As Idris Jala said 2019 Malaysia will be an bankrupt country if u don’t throw out this Najib very..very…very soon. Make sure u all make PRU13 a miracle to topple UMNO/BN n instead vote PR (PKR, DAP, PAS) to take charge of Putra Jaya n for Sarawak in PRN10 vote for PR (PKR, DAP, PAS, SNAP) to be at Petra Jaya as Sarawak State Government. Then both Najib n Taib get lost. Najib the liar n Taib the biggest corrupt will gradually disappear in Malaysian politics.

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