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Why Samy withdraw RM14.40million? PDF Print
Saturday, 09 August 2008 19:09

The story maybe Old but the man behind it still controlling Malaysian Indians live hood by rearing touts and gangsters. Maika, which was launched with much hype and hope as an economic vehicle and a miracle to lift the poor Indian  from the shackles of poverty is the best classical example of this untouchable man’s achievement.

The urge in very Indian to uplift their community Late Tan Sri V Manickavasagam mooted the idea of forming Maika Holdings which taken up by  SamyVelu. Trusting SamyVelu poor Indians mortgaged all their life time savings to subscribe Maika Shares. The company that by 1984 raised RM106 million from almost 66,400 shareholders with Dato’ Seri S Samy Vellu ,MIC president as largest individual shareholder with almost 2.8 million shares.

The amount invested in Maika was even larger than that obtained by the MCA’s Multi-Purpose Holdings when the company commenced business. Multi-Purpose Holdings Berhad is listed in Bursa Malaysia with turnover of RM 3.2 billion recorded in November 2007. Any news from Maika on their 2007 performance?

Read More Here  (Copy of Bank statement can be seen at the blog)

 

Comments (30)Add Comment
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written by DXB2008, August 09, 2008 19:39:15
It is never old story as Samy is never old to be the MIC President. http://1426.********.com/2008/...riors.html
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written by sjs, August 09, 2008 19:53:08
The one thing that is common to the entire component parties of the Barisan government is corruption. Perhaps it is compulsory for parties joining the Barisan coalition to be corrupt. Otherwise they will be denied as a partner!
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written by alberttan, August 09, 2008 20:08:33
I am a firm believer in karma and since Samy has kidnapped the Malaysian Indians and held them for ransom for over 30years, I guess Samy, Indrani and their family will suffer the same fate soon at the hands of the kidnapped Indians. That is called justice AND KARMA.

Madayah Samy, XXXXXX MIC, Makkhal Sakti!!!
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written by laksa maner, August 09, 2008 20:33:55
BPR(ACA) where are you? Are you still sleeping?
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written by alberttan, August 09, 2008 20:34:03
Madayah Samy, Porrdah MIC, Makkhal Sakthi
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written by ahmadneil, August 09, 2008 21:32:19
Only mahathir knows best how to deal with him becos they are related,
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written by Richy, August 09, 2008 21:35:33
This is why we say the ACA "Allow Corrupt Authorities"is doing a great job. They allow leaders and ministers to make as much money as they want.
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written by lynn, August 09, 2008 21:40:47
4 yrs ago & 8 yrs ago, I tell my Indian friends, & strangers, pls don't vote MIC - semivalue has never done anything for the poor Indians all these decades & he never will. Most of them protested, disagreed & got disgusted with my suggestion. Am glad the Indians didn't need 100 yrs to wake up & realised they have been screwed & cheated.

Well, thank goodness for Waythamoorty, Hindraf & Makkal Sakthi. And most of all, thank you to khir toyol for tearing down Hindu temples, destroying their deities. Khir toyol, you are a bangsat, a low-class scumbag, no better than those Indon snatch thieves that have swam into Malaysia & robbed our citizens day & night, everywhere. And to think Pas wanna talk to the criminal abt unity & getting back together to form Selangor state govt !!! Ptui!
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written by aris, August 09, 2008 21:45:46
Samy Volu has been screwing the Indian community for decades now. These days, most of the time either his cock talks or he talks cock. What difference does it make.
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written by Kerajaan Rakyat, August 09, 2008 22:18:57
Corruption is the way life for the Barisan Nasional's leaders.

http://www.kerajaanrakyat.com/
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written by Jit Dharma, August 09, 2008 22:27:42
There once was a bodoh named Samy,
who restructured his MIC Party.
He sat on his face and talked
through his arse,
And the words still came out
sounding funny.
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written by clarity, August 09, 2008 22:32:51
Can you imagine how much he made during his tenure as Minister of Public Works? You got to hand it to him though all these years nobody has managed to dig up anything. How about checking on his family's account.
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written by binarytan, August 09, 2008 22:54:32
Semi Value of cos made a lot of money on Hospital Pandan (BN project of fungus), MRRII flyover (multi-million repair during defect period), many many more and he screw Indian just like everyday meal.

This bustard is the shame of Indian Community which is already poor, somemore raped by the bustard rich fellow.

Go to hell MIC president, highly corrupted and the betrayer of Indian.

Parti Untuk Kaum India Malaysia (PUKIMA) really match his real character.
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written by ironman, August 09, 2008 23:04:12
of course la....BN the specialist in sodomy....

smilies/cheesy.gif
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written by *********, August 09, 2008 23:51:36
All the re-branding the MIC is doing is not going to fool the people. Samy and the rest of the MIC thugs days are numbered with their bosom buddies from BN/Umno...More http://*********.********.com
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written by minds, August 09, 2008 23:55:33
Corruption is the way life for the Barisan Nasional's leaders

Commision is the correct correct correct way life forthe Barisan Najis Leader (this is what we must say)
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written by Hakim Joe, August 10, 2008 00:02:15
Even Bodowi as the PM only "officially" earns RM22,000 (salary) RM10,000 (allowance) a month. That is RM384,000 per year excluding taxes.

Semi Value has been a politician for 34 years (he became a MP in 1974). Assuming that he earns as much as Bodowi, that is a total of RM384,000 X 34 = RM13,056,000 in total. Let us say he pays 25% taxes (including claims etc), his total income is now RM9,792,000.

Even if he were to save everything he has earned since 1974 (no spendings on food, lodging or hair transplants), the total figure of RM9,792,000 is nowhere near the RM14.4 Million he managed to return to CIMB.

Where did the extra money come from? By growing "money trees"?

Hey, Semi-Value...can you spare some money-tree seeds? I need to grow some myself.
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written by purpleshoppe, August 10, 2008 00:06:19
samy's favourite quotes:

"this is the way it is... there's nothing you can do about it"

"a hero only die once..."

this man dun give no care to no blogs la
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written by JohnQ, August 10, 2008 00:15:54
Maybe Bcos his customized designer pre ordered diamond and banana studded coffin just cost that!
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written by bunian, August 10, 2008 01:40:27
Aiyoyo .... I have NEVER seen so much money in a bank statement before in my whole life!!!!! Maybe even several lives, before this one. I say, Semi, where this money come from ah?
smilies/shocked.gif
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written by bunian, August 10, 2008 01:41:15
A better question is, where all this money go to now ah?
smilies/shocked.gif
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written by InEffective, August 10, 2008 02:00:27

MIC has rationalized every failure to deliver results.
(apparently their rolodex of reasons is in-exhaustible)

Will the Indians remain in their mind-numbed condition of acceptance of pressures, exclusion, injustices and coercion ?
(wonder how much does the futures of their children mean to them, and if they are willing to make real commitments to the change for their betterment)

The informed, aware and somewhat critical-thinking indians will be able to make wise choices, but the others (deliberately misinformed, ignorant, critical-thinking-judgment deficits by MIC brainwashing) - not so sure.

MIC has kept the indians suppressed and excluded, and looks even more committed to ensure that they govern the indians by coercion and misrepresentation.

Hope there are enough brave, strong cultured, fair-minded folks (of all races and religion) are out there to help uplift this disenfranchised community. They certainly can contribute if their rights and opportunities are not denied or excluded. And hopefully this community also understands that they have to pull themselves out of the hole as well.
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written by smpadayachi, August 10, 2008 02:29:49
The packing order for the racial composition in Permatang Pauh with Indian been the minority has given Samyvellu Sangilikaruppan and his team of thugs and gangster to be going on 24/7 to tell the Indian communities in Permatang Pauh to vote for United Malay National Organisation candidate. This is where the printed bank statement, plus anything to tell like it is about the Malaysian Indian Congress to the Indian communities in Permatang Pauh will be a great benefit, and places where still Pakatan Rakyat component has not taken the root it will come in full fruition and effective as well. The Indian communities must be told what this horrible human being is all about. All he cared was for himself and nobody else, and the crumbs he had thrown to the poor Muniandy and Mariammah confined to rubber plantation is nothing but lip service. Skin colourisation is extremely important in the Indian communities, and had played it's role in the Indian communities, and it's slowly fading away with the younger generations are taking a lead, and to lift this off as what matters is from the inside, and how we get along with others.

The Indian communities must not be taken by anyone and let this be a lesson so that the word Makal Sakthi is etched in our soul and spirit. Samyvellu Sangilikaruppan must be wiped out, and put in jail for all the money laundering and swindling he did in the form of cronyism & threatening people with thuggeries and gangsterism. Samyvellu Sangilikaruppan failed to realise that we are all descendents of indentured servant system in Malaysia, and does not emulate like anyway what Indians in Fiji, Mauritius, Trinidad & Tobago,Guyana, Surinam, Singapore or South Africa are doing.
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written by Sudahlah tu, August 10, 2008 10:13:53
Apabila kerajaan bertukar tangan nanti, semua yang telah bersalah akan dihukum mengikut perlembagaan negara.
Masa sudah tiba untuk rakyat bersatu dan tidak lagi dipermainkan oleh BN dalam isu perkauman dan agama.
Kita akan menegakkan perlembagaan negara dengan kuasa rakyat.
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written by ROBERTNGTG, August 10, 2008 10:17:26
The amount invested in Maika was even larger than that obtained by the MCA’s Multi-Purpose Holdings when the company commenced business. Multi-Purpose Holdings Berhad is listed in Bursa Malaysia with turnover of RM 3.2 billion recorded in November 2007. Any news from Maika on their 2007 performance?

WHAT TO EXPECT WHEN THIS BLOKE WAS MAMAK'S SIDEKICK AND LAPDOG FOR SO LONG.
HE THOUGHT HE COULD CONTINUE THE PLUNDER UNDER THE SLEEPY GUY BUT IS NOW CAUGHT
WITH HIS PANTS DOWN. BET HIS BALLS MUST BE SHIVERING NOW.
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written by donplay, August 10, 2008 12:18:45
I am in support of the move to get the police to investigate recent reports filed against Samy. He should be held accountable for the Telekoms shares and MAICA capital.

But, this article is nothing new, is sub-standard from a journalistic point of view and gramatically pathetic.
http://donplaypuks.********
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written by Arrow, August 11, 2008 02:03:39
After Samy dies, he is coming back as a pig (a black one at that)
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written by alberttan, August 11, 2008 11:26:55
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written by Arrow, August 11, 2008 | 02:03:39

After Samy dies, he is coming back as a pig (a black one at that)

Dear Arrow;
I do not agree with you, when an evil person is sent to hell, he stays there forever. Please do not INSULT pigs, they are above the types of Samy.
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written by wargasetia, August 12, 2008 17:47:16
wow... so tension here... have a break....

sibuk sepanjang hari, kerja kuat, ke sana sini... jgn lupa hiburkan dan lapangkan diri sendiri.

kalau anda ingin tahu tarikh kelahiran dalam Kalendar Hijrah (Islamic Calendar) atau Kalendar Lunar (Chinese Calendar)... . senang saja...

guna handphone.

utk tarikh kelahiran hijrah : taip Hijrah ddmmyyyy (tarikh lahir anda) dan hantar ke 32300.

contoh : Hijrah 01021979 dan hantar ke 32300

utk tarikh kelahiran lunar : taip Lunar ddmmyyyy (tarikh lahir anda) dan hantar ke 32300.

contoh : Lunar 01121979 dan hantar ke 32300
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written by kevin k, August 13, 2008 09:02:32
smilies/angry.gif Samy the B@#$%^D
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