Tajuk : DR M DEFENDS TYCOON PAL LEE KIM YEW: ‘USUALLY IT’S THE PEOPLE WHO BREAK THE LAW BUT UNDER NAJIB, IT’S THE GOVT WHO ARE THE CRIMINALS’
link : DR M DEFENDS TYCOON PAL LEE KIM YEW: ‘USUALLY IT’S THE PEOPLE WHO BREAK THE LAW BUT UNDER NAJIB, IT’S THE GOVT WHO ARE THE CRIMINALS’
DR M DEFENDS TYCOON PAL LEE KIM YEW: ‘USUALLY IT’S THE PEOPLE WHO BREAK THE LAW BUT UNDER NAJIB, IT’S THE GOVT WHO ARE THE CRIMINALS’
1. A personal letter to his friends by Tan Sri Dato Seri Paduka Lee Kim Yew has gone viral.
2. It is a sad story; a story of the depths to which the Government of Malaysia, it’s Prime Minister and civil servants have sunk. It is about daylight robbery in which tax is levied on money without legitimate reason, in which a willingness to pay the tax was basically rejected after many negotiations in which LHDN (Inland Revenue Board) has agreed on the terms but subsequently reneged on it’s agreements, in which money earned through legitimate business in the savings of the victim was labelled as money obtained through criminal acts and the victim is to be charged under AMLA, Anti Money Laundering Act for trying to launder money. Under AMLA, the victim can be arrested, detained and charged in a court of law. In the meantime the savings, all RM126 million would have been seized by LHDN.
3. This money will no doubt become a part of Government revenue and will be spent by the Government. If later it is found that the victim had not done any money laundering and the money should be returned, the Government will have used all this money for free while the victim would lose earning on fixed deposit. The Government will of course not pay any interest on the money it detained. Recovery would take years.
4. There are very many instances where wrongful taxes are levied and threats of black listing or seizure of passports are made. We read about companies and individuals being asked to pay back – taxes in the tens and even hundreds of millions. There did not seem to be documentary proofs of the amount of taxes owed. But nevertheless they are harassed into admitting and paying. It seems to be a way for Najib’s Government to raise funds and to prevent the opposition parties from getting funding for the election.
5. But with regard to the RM2.6 billion in Najib’s account, no investigations are made as to money laundering being done by him. Yet the Dept of Justice of America has stated clearly that the money was stolen from 1MDB. Claiming that it is a gift from the Arabs is clearly an attempt to legitimise the source i.e. Najib should not be charged with money laundering.
6. The A.G. acting as judge as well as Public Prosecutor has passed judgement on what is believed to be criminal reports involving 1MDB and the money in Najib’s personal private accounts. He declared there is no evidence of wrongdoings by Najib. And then the A.G. placed the reports under the Official Secrets Act. Now not only can the public have no access to the reports but may not quote from the reports even if they have read them without risking being charged under the OSA.
7. Usually it is the people who try to flout the law. Now we see in Malaysia the Government and in particular the Prime Minister blatantly flouting the law.
8. When the custodians of the law flouts the law, the people can do nothing. Reports against the Government could just be dismissed. The courts will not hear the charges. There will be no judgements. The criminals will remain free to commit more crimes.
9. Some people say I destroyed democracy. They must be glad of Najib’s restoration of democracy.
10. Quo Vadis Malaysia. – chedet.cc
Lee Kim Yew’s tax battle message goes viral
PETALING JAYA: A message apparently written by businessman Tan Sri Lee Kim Yew, who is fighting a battle with the Inland Revenue Board (IRB) has gone viral.
In the message, Lee expresses his frustration fighting the IRB and alleged that he was being investigated under criminal laws instead of civil action, prompting him to liquidate his assets to settle the income tax bill.
When contacted, Lee said the message was a personal letter to his friends and not for public consumption. He then replied that he would call for a press conference at an appropriate time.
He said that in January this year he had appointed PKF to liquidate or divest all his personal assets and companies.
“The purpose of the liquidation and divestment is to firstly settle all my companies’ income tax with IRB in a peaceful and most efficient manner. In addition to PKF, I have also appointed Lee Hishammuddin to represent me, to deal with IRB,” he wrote in the posting.
Lee described the use of AMLA (Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act) to investigate his tax was a humiliation to him and pointed that he had no personal tax liability.
“I would like all my friends to know that I don’t have any personal tax liability. In fact, I have a surplus tax credit with IRB,” he said.
He added that his instructions were that taxes must be paid. “As a businessman this is what I must do, and I believe many other businessmen will do the same.”
“My view on IRB is simple, I believe that paying taxes is a civic duty and I don’t mind to pay tax, even if it’s not my own. I believe I have demonstrated this through helping the public company settle RM20mil in taxes since I took over as executive chairman of Country Heights Holdings Bhd (CHHB),” Lee said.
On Tuesday, CHHB announced that the IRB has seized Lee’s fixed deposits placed with a foreign-owned bank amounting to RM126mil. Lee understood that it was in relation to a tax liability of CHHB’s wholly owned subsidiary, Country Heights Sdn Bhd (CHSB).
CHHB said that the total tax liabilities of CHSB for the years of assessment 1997 and 1998 amounted to RM22.5mil. – ANN
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✍ Sumber Pautan : ☕ Malaysia Chronicle
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