Sepawi is one of Asias richest men, thanks to the patronage of Taib, andhis business interests includehis role as Executive Chairman of thetimber and plantation giant Ta Ann Bhd, of which he is also a major shareholder.
He is also a Director ofone of Sarawaks othermost controversial companies, Grand Perfect Sdn Bhd, which runs South East Asias largest Acacia Plantation project.
Grand Perfect Sdn Bhd has been blamed for grabbing land from native people and breaking down villages as it drives to exploit a half million hectareconcession handed to it in 2002 by the Chief Minister and Land Resources Minister, Sepawis cousin,Abdul Taib Mahmud.
Rh Sendok was destroyed by Grand Perfect Sdn Bhd, despite desperate protests by local people
CLICK HERE FOR VIDEOOF THE DESTRUCTION OF RUMAH SENDOK
Legal denials by Ta Ann
However, last week a lawyer representing Ta Ann sent a furious letter to the leader of Sarawaks PKR opposition party, the lawyer Baru Bian,demanding retractions and apology over remarks allegedly made to a Tasmanian newspaper.It citeda recent article in Tasmanias Mercury newspaper which had stated that Ta Ann owns one third of the controversial plantation company Grand Perfect.
The lawyer declared thiswas untrue. Your statement in the said newspaper report was both factually wrong and misleading, thunderedZaid Ibrahim & Co, Kuching, on behalfof Ta Ann.
As a result, Ta Ann aredemandinga grovelling apology from Mr Bian to be placed in aweekend edition of the Mercury within two weeks, saying the following:
I wish to tender my unreserved apology to Ta Ann for making a gross error in my statement and for any embarrassment, damage to their! reputat ion and credibility caused. It has now been brought to my attention that Grand Perfect is not a subsidiary of Ta Ann and that Ta Ann do not own any shares in Grand Perfect
With legaladvisers like these, who needs critics?
The folly of such an arrogant demand from a company whose Executive Chairmanis up to his neck in accusations of patronage and nepotism has immediately become clear.
In the first place any reading of the offending article makes plain that the statement about the 30% shareholding is madeby theAustralian Mercury reporter, not Baru Bian, so it is to theMercurynewspaperthat Ta Ann should be addressing any complaints.
Sarawaks PKR leader Baru Bian speaking in Tasmania. He expressed shock and surprised that the Australian Government had subsidised Ta Ann to log in the State
However, it is the tone of the letters referrences to Grand Perfect that ismost damning. Why is thelawyer implying that a mistakenassociation with the company could cause Ta Ann embarrassment or damage to reputation or loss of credibility?
Is Grand Perfect a company of such a low reputation asto invite such problems? Surely tocomply with makingsuch an apologywouldindeed invite genuine grounds for legal complaint, but from Grand Perfect not Ta Ann!
Grand Perfects business connections with the State of Sarawak
KTSs Henry Lau plants one of the Acacia saplings at the inauguration of the controversial venture
The disparaging remarks towards Grand Perfect are even more confu! sing giv en that companysclose dealings withState of Sarawak and alsoits widely reported connections with Ta Ann.
Indeed Grand Perfect Sdn Bhdreceived considerable publicity back in 2003, when it was set upasa conglomerate,commissioned by the State of Sarawakto plant half a million hectares of acacia in the Bintulu regionin return for a hefty RM180 million investment.
At that time there was no attempt to hide the three companies involved in the joint venture, which was sponsored by the State Government run by Abdul Taib Mahmud. The companies were three of his key crony logging concerns, Samling, KTS and Ta Ann.
Samling is run by the Yaw family, KTS is run by the Lau family and Ta Ann is run by Hamid Sepawi. All three of thesetimber tycoonshave received numerous massive logging and plantation licences over the years,as a personal gift from the Chief Minister without any scrutiny or proper open tendering.
How the venture was reported by the Borneo Bulletin in May 2003
So why is Ta Ann denying the association now and with such force? Why has it not demanded similar apologies over the years from all theother publicationswhich have reported on Sarawaks largest plantation scheme, mentioning Ta Anns supposed involvement?
Land Grabs
It may be that Ta Ann, as a publicly listed company now trying to do business in Australia, is trying to dissassociate itself notonly from the stain of cronyism and nepotism that attaches to Sarawaks Chief Minister having handed such a vast state project to a company run by his own cousin, but also from theoutcry over the land grab cases caused by the controversial project.
Grand Perfect Sdn Bhd has developed a bad name as a land grabber
Grand Perfect Sdn Bhd is a dirty name in much of Bintulu these days. Under its guise, three of thestates most corrupted loggingcompanies haveappeared toride roughshod over the local people and their landrights.
There have been blockades against the company by local people, which have been dispersed by the police amid complaints about numerous infringements on land and also the pollution of the rivers on which these people depend for food and water.
As the growing body of critics of these grand plantations have pointed out,such schemes have made only the rich men richer, but they have made the poor even poorer, taking their lands andoffering nothing in return.
Indeed, Grand Perfect is one of the many companies now being sued by Baru Bian himself in over 300 land rights cases on behalf of native people, who have been totally let down by the Sultan of Sarawak in favour of his money-making cronies.
So who doesown Grand Perfect?
For these reasons it appears Ta Ann no longer wishes to acknowledge any association with Grand Perfect andhas threatened to sue Baru Bian for implying that it owns a 1/3rd of the company..
Three main shareholders are Samling, KTS and. Gasijaya!
So SarawakReport has conducted a company search into this private company to find out if Ta Anns claims are true, that it has nothing to do with Grand Perfect. And we discoveredthat the third company currently involved in the ownership is indeed no longer Ta Ann, if ever it was.
So why the assumption for so ma! ny years that Ta Ann, a public company run by Hamid Sepawi, was the lucky recipient of all that public money to start Sarawaks biggest plantation venture?
When we investigated the ownership of the third company Gasijaya SdnBhd the mystery was immediately solved!
The 90% owner of Gasijaya Sdn Bhd is Taibs cousin Hamid Sepawe!
The owner of Gasijaya, which in turn owns a third of Grand Perfect, which was handed such an enormous RM 180 million plantation project by the State of Sarawak, is none other than Hamed Sepawi himself!
Remember, Sepawi is a Director of both Grand Perfect and Ta Ann. We can now see he is alsoa massive shareholder in both companies!
So, now we have the truth. It would have been bad enough for Taib to havehanded this massive plantation project to Ta Ann as a public company managed by his cousin, also a major shareholder.But the Chief Minister did even worse than that.He has allowed the publicly funded project to go straight toa private company owned by hisown cousin!
How stupid of Sepawi to have allowed his company lawyers at Ta Ann to make such a fuss about the association with Grand Perfect Sdn Bhd that we decided to investigate who had really been handed the project.
Sarawak Report challengesthe Malaysian Anti-Corruption Commission to investigateconsider this particular example of nepotism and power abuse. Or, for them, is it just another case ofbusiness as usualunder BN inMalaysia?- Sarawak Report