Apa Khabar Tun Daim?

Ok last time I posted about Petronas Pro-ness when they got listed as one of the Seven Sisters. There's another guy that we might seem have been forgotten. But anyway this guy is an enigma and this guy managed to solve Malaysian economy 3 times, first in early 80s then early 90s and then the famous 1997 crisis. This guy name is Tun Daim. So what he have been doing now? 

 

 

Tun Daim today is busy running very successful commercial bank that called ICB Banking Group. This Group have 14 banks around the world!!!
And this Group is listed on the AIM market of London Stock Exchange!!
This group is very influential in Africa, Eastern Europe and Asia basically the countries that are considered as the "emerging markets".

Check out the Group Website http://www.icbankingroup.com/

Maybe one day if he is free, he can come down to Selangor and repair back the screw ups done by the RM 1 Economic Advisor just like he did in 1997 when he repaired the screw ups of the Finance Minister during that time.

 

Kenapa Indonesia semakin pulih? Ia disebabkan oleh COUNTER REVOLUTION secara halus yang mereka laksanakan di dalam negara mereka. COUNTER REVOLUTION secara halus ini bermula pada 2001 selepas menyaksikan kegagalan ubat IMF antara (1997-2001). Kerajaan Malaysia menghantar secara rahsia "crack team" of economists untuk bantu saudara serumpun kita. 

Ini menjawab kenapa Tun Daim resign tiba2 dari MOF pada 2001. Sebenarnya beliaulah yang lead team economists kita ke Indonesia untuk support dan coordinate dengan mereka antara 2001 hingga hari ni, terutamanya mengenai proses bank merger yang Indonesia laksanakan antara 1998-2000 yang masih tidak mendatangkan hasil yang diharapkan. 

Pada 2001 – 2004, Indonesia re-plan balik strategi ekonomi mereka terutamanya bank merger / bail out dan capital control. Pada 2005-2010 ialah masa Indonesia implement strategi ekonomi baru mereka (Sri Mulyani sebagai Finance Minister) iaitu jauh berbeza dengan cara awal IMF 1997. 

Dan nampaknya ia mendatangkan hasil pada Indonesia. Pada 2010, Seri Mulyani, seorang ex director IMF mengakui cara Tun Mahathir 1997 ialah terbaik untuk Asia.

Pada 2005 - 2010 ialah masa Indonesia melaksanakan "reverse" polisi IMF pada 1997 melalui Capital Control, Restructure Bank merger, Bail Out dan lain2. Dan ia telah membuahkan hasil. Sri Mulyani iaitu Ex IMF punya director yang dulunya Pro IMF, tidak pernah percaya pada system Capital Control (dilarang IMF) tetapi telah melaksanakannya di Indonesia antara tahun 2005-2010 dan beliau nampak hasilnya. Hari ni Banker Malaysia mendapat "special treatment" dari Industri Perbankan Indonesia, 7 daripada Bank terbesar Indonesia, 3 adalah milik Banker Malaysia ini mungkin disebabkan penghantaran secara rahsia "crack team" of economists untuk bantu saudara serumpun kita. 

Indonesia ada bantu kita juga. Indon tak pernah tinggalkan kita, sekali-sekala bergesel tu biasalaa. Semenjak 2001, kalau di PBB, ASEAN, G15, World Bank, Malaysia dengan Indonesia dah macam kembar siam, suara dan sokongan sama je. Kalau Malaysia cakap A, Indon pun cakap A. Kalau Indon cakap B, Malaysia pun cakap B. Kita yang rakyat biasa ni di Indonesia dan Malaysia tak perasan.

Sebenarnya dah ada gerakan secara halus pasal serumpun Indon-Malaysia ni, cuma kita dan rakyat Indon ja tak perasan. Cuma tak kecoh ja maklumlah tak mahu bagi kawan kita kat Singapore tu melompat tapi nampaknya diorang dah perasan dah. Tun Mahathir secara "open" hari ni nak push Indonesia jadi kuasa dunia ke-7 terbesar. Kalau Indon berjaya jadi kuasa besar ke-7, maknanya Melayu kita ni ada wakil di G-8, secara automatik jadi Security Council di PBB. 

Apa maknanya jika Indonesia dapat jadi Security Council di PBB? Maknanya kita secara indirect boleh bantu Palestin, Asia dan negara Islam lain dengan voting kita. Depan kita, kita dok dengar pasal Ganyang Malaysia, tapi di belakang tabir, apa dok jadi? Bank2 di Malaysia dan Indonesia dok sibuk bergabung dan menjadi bank2 terbesar di Asia Tenggara. Secara tak langsung bank2 ni dah "gerhana" kan bank2 Singapura. 

So apa akan jadi kalau semua bank2 di Indo dan Malaysia bergabung? Bank2 serumpun ni akan jadi besar dan sangat berpengaruh di rantau Asia. Dan kesan pengaruh ni dah meresap pun ke dalam World Bank. Sebelum ni, CAPITAL CONTROL diharamkan oleh World Bank, tapi hari ni boleh, rasanya kerja siapa tu?

Press Announcement (taken from http://daimzainuddin.com/press.htm)

Tun Daim Zainuddin and ICB Financial Group Holdings Ltd. have been informed today that they have been selected as the “Highest Bidder” in the sale of 58.41 % stake in PT Bank Bumiputera Indonesia Tbk. by state-owned investment company PT Danareksa. The tender offer for the divestment exercise which closed on Friday, May 14 had attracted three bidders.

Tun Daim Zainuddin, former Finance Minister of Malaysia, is the sole shareholder of ICB Financial Group Holdings Ltd., an investment holding company incorporated in Switzerland. ICB Financial Group Holdings Ltd. is the vehicle through which Tun Daim Zainuddin is consolidating his shareholdings in the various banks he owns in Europe and Africa known as the ICB Banking Group.  To date, Tun Daim Zainuddin has set up banks in seven countries, namely, Hungary, Albania, Ghana, Guinea, Tanzania, Mozambique and Sierra Leone and will be opening another bank in The Gambia later this year. In addition, Tun Daim Zainuddin has submitted applications for banking licenses in three other countries. 

Tun Daim Zainuddin’s interest in banks started in 1979 when he purchased Malaysian French Bank (then known as Banque Indosuez) from its French owners. In 1984, he acquired a controlling stake in United Malayan Banking Corporation Bhd, then Malaysia’s third largest bank.  Upon his appointment as Minister of Finance that same year he had to divest his shareholding in the Bank. 

During his retirement, Tun Daim Zainuddin purchased a stake in International Bank Malaysia Bhd (then known as Hock Hua Bank (Sabah) Bhd) in 1997 and once again had to divest his interest on his reappointment as Minister of Finance in 1999.          

The acquisition of PT Bank Bumiputera Indonesia is in line with ICB Banking Group’s plan to expand its banking network to Asia.  Indonesia was identified as the first country to invest in.  The Group made its first investment in Indonesia through SORAK Financial Holdings Pte. Ltd., the consortium formed to acquire PT Bank Internasional Indonesia last year.

The acquisition of PT Bank Bumiputera Indonesia reaffirms the Group’s confidence in the stability and continued growth of the Indonesian economy, and the bright prospects for the future development of the banking industry.

Apart from Indonesia, the Group is actively looking at expanding to other Asian countries.

Issued By:

Harith Harun

General Manager

ICB Global Management Sdn Bhd

Kuala Lumpur   

( This article appeared in the September 2004 issue of Malaysian Business magazine. )