Taib SCOREs Again!
Posted by Sarawak Report on Friday, February 24th, 2012 Taib Mahmud and Australian High Commssioner Miles Kupa, who has worked to help secure the mysterious O M Holdings deal As the Ukit people perch pitifully on the edge of the waters that drowned their homes, Taib Mahmud has moved swiftly to maximise his own personal profit from the Bakun Dam. A series of astonishing deals are now being processed, all designed to ensure that his own family companies get enormous kickbacks, in the form of business contracts, as foreign investors move in. There has been no public tendering for these contracts, which include recent deals with the companies O M Holdings and Asia Minerals and a proposed ‘joint venture’ with Rio Tinto Alcan. In fact they have all been negotiated on behalf of the State of Sarawak by Taib himself, primarily for his own benefit! Dodgy deals that pour money into CMS The attraction for these foreign smelting ventures is...