Prepaid top-up cards - Horses’ Mouths – 21 May 2015

Harakahdaily - TS | .

Prepaid top-up cards

This time I agree with Pontian (Ahmad) […] before this (the telco's absorbed) the Sales and Services Tax so why can't they do this now with the GST.

Tony Pua, Petaling Jaya Utara MP, on Deputy Finance Minister Ahmad Maslan’s stand that telecommunication companies should just absorb GST for mobile prepaid top-up cards


The government said if telcos absorb GST, then operators would incur opportunity losses of RM800 million. If they absorbed RM800 million (for SST) before, now they should be absorbing RM800 million (for GST) too. Unless they were not telling the truth before.

Johari Abdul Ghani, Titiwangsa MP


GST should not be borne by companies. GST is a consumption tax. […] this is not the signal we should send to the business community. We should not say to the international community that when doing business in Malaysia, they have to absorb GST.

Ahmad Shabery Cheek, Communications and Multimedia Minister, insisting that forcing telecommunication companies to absorb the GST for prepaid reloads will send the wrong message to local and foreign investors on GST implementation in Malaysia



1MDB’s Cayman money

This is an admission that it has no cash in BSI Bank Singapore. It is an admission that the whole redemption of its investments in Caymans is bullshit. It's paper, not cash. What they did was they shifted the paper assets from Caymans to Singapore.

Tony Pua, Petaling Jaya Utara MP, commenting on Finance Ministry’s decision to correct its parliamentary written reply in March that said the US$1.1 billion (RM3.97 billion) transferred by 1Malaysia Development Bhd (1MDB) from Cayman Islands to Singapore that was not in cash but in the form of assets in US dollars


I hold PAC by the words at the moment, but Jho Low should eventually be called in. His alleged fingerprints are all over the 1MDB dealings. There is too much speculation on his involvement in 1MDB. I don’t think we cannot call him in.

Khairy Jamaluddin, Youth and Sports Minister, urging Parliament's Public Accounts Committee to call in Jho Low over his alleged link with 1MDB


By disposing the bonds now, it may cause the bond price to be discounted by six percent. But (in the event of a cross-default), the price would drop further.

Rafizi Ramli, Pandan MP, urging Tabung Haji, Employees Provident Fund (EPF) and Retirement Fund Incorporated (KWAP) have been urged to dispose their combined RM4 billion investments in bonds issued by 1MDB


Parliament affairs

There is no interference from any party including myself. As the minister in charge (of parliamentary affairs), my duty is only to bring government's motions to be debated in the House. The issue of separation of powers has never been raised by the Dewan Rakyat speaker before this and truthfully does not need to be raised.

Shahidan Kassim, Minister in the Prime Minister's Department, who oversees parliamentary affairs, denying that he had interfered with Dewan Rakyat Speaker Pandikar Amin Mulia's duties

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