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View Full Version : BOMB SHELL : Tajudin alleges "Secret Deal" with Dr M and Daim



silver_bird
07-07-2006, 07:45 PM
* He was directed by former prime minister Tun Dr Mahathir Mohamad and former finance minister Tun Daim Zainuddin to buy shares in MAS to help Bank Negara recover from foreign exchange losses in 1994

* The transaction was a national service but was disguised as an arm's length commercial deal because the government wanted it that way

* He was assured repeatedly by Mahathir and Daim that he would not suffer any losses or be held liable for anything arising from his purchase of the MAS shares.

* He claimed that it was not a normal commercial deal as it was made out to be and that he was instructed by Tun Dr Mahathir Mohamad and Tun Daim Zainuddin to buy MAS shares at RM8.00 each (way above the then market price of RM3.50) as a national service to help out Bank Negara (which owned the MAS shares) which was hit by multi-billion ringgit foreign exchange losses.

Tajudin said his purchase of MAS shares was disguised as a commercial deal as "it was essential for the public and the international investment community to perceive the entire transaction as a normal commercial arms length deal (which clearly it was not)".

http://www.sun2surf.com/article.cfm?id=14690

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The "Can of Worm" is now opened for verification of whether there's foul play by our former PM & Finance Minister.

But why buy MAS shares at RM8.00 each which is way above the then market price of RM3.50 ?

How did Bank Negara loss Billions in Forex and who is to take the blame?

Can the present government bring those culprits to face trial for misleading Malaysians about " Disguised as a Commercial deal" matter ?

isarahim
07-07-2006, 08:10 PM
There's been some grapevine about this before, some 8 years ago or so, but I never took it seriously....you'll learn new things everyday.....


Will be interesting to follow how this new soap will play out......


Hollywood, Bollywood, Pinewood, Honkiewood......eat yer hearts out!


btw....what happened to Aishah? Is she still in the script?

cskok8
07-07-2006, 09:32 PM
Did anyone notice what the STAR said about this current best-seller. NOTHING.
If you look at the front page of today's STAR, it looks like something has been cut out and a picture substituted. Also look at the lame headline put in place of the ??? original article and headline.

Joe Gomez
07-07-2006, 10:21 PM
I just love it when these gentlemen go at each others' throats .... :p

charis14
08-07-2006, 12:31 PM
Enjoy the show while it is on. Sooner or later, both parties will agree to a compromise - to avoid further damage to themselves and their team. When that happens, things will return to "normal". Of course, "normal" in many instances have proven to mean "Heads I win, Tails every ordinary Malaysian lose".

USJ27Resident
08-07-2006, 12:44 PM
Did anyone notice what the STAR said about this current best-seller. NOTHING.
If you look at the front page of today's STAR, it looks like something has been cut out and a picture substituted. Also look at the lame headline put in place of the ??? original article and headline.

HAHAAA.... For those too blurrr to realise what cskok8 is getting at... this would be because the Star newspaper is not under the NST group... and could this be NST new offensive on TDM, compliments of the C.E. who happens to be associated or aligned to K.J. (Kelana Jaya??)

Kesian kan TR ! .... rags to riches... and back to eating the humble pie... *sad* Well, as far as I am concerned.... all these ****** can burn in hell for causing so much misery and heartaches to ordinary hardworking people of CELCOM and MAS... cos everytime the sh!t hits the fan, the (fat over paid under qualified nil experienced) managers plays musical chairs and it is the ordinary staff gets shafted in the s ....

sirgalahad2010
08-07-2006, 02:26 PM
So, how did Bank Negara clock up around US$70 billion in reserves? They can't monkey around with the figure for reserves because it is audited by both the IMF and the BIS, as I understand.

Someone is not telling it straight.

cskok8
08-07-2006, 11:37 PM
What I am saying is that the story was yanked off at the last minute and something else substituted. ;)

Teeque
09-07-2006, 05:13 AM
Becos the MCA mouthpiece do not want to get in the line of fire of 2 loggerheads at war....