The Malaysian Anti-Corruption (MACC) movement underway on zero tolerance for graft

WE HAVE long grumbled that there should be stronger and swifter action against high-ranking officials who use their positions for personal gain instead of serving the public interest.

The Malaysian Anti-Corruption Commission’s (MACC) ongoing streak of arrests and court cases involving senior officers in civil service and the private sector is encouraging, but even that may not satisfy the cynics, who are likely to point out that there are plenty more big fish out there and that there is no sign of a decline in corruption and abuse of power.

That is an easy thing to do – blame others when things do not go well and then expect the corruption fighters to clean up a huge and complex mess. But it surely cannot be the only thing we are capable of doing.

The MACC has a suggestion: to join the “revolutionary movement” against corruption.

That sounds like a lot of work, but Gerakan Revolusi Anti-Rasuah (Gerah) is actually a nationwide awareness campaign to change how people view corruption and abuse of power.

The ultimate aim is to enlist the support of the people in the war against corruption by shaping society to “hate, reject and fight corruption”.

“Our intention is to create a sense of fear and uneasiness so that wrongdoers will feel the heat. They should, for they are gambling away the peace, security and harmony of society, as well as jeopardising the country’s growth,” MACC chief commissioner Datuk Dzulkifli Ahmad told Sunday Star.

The commission will mobilise 2,000 officers from all over the country to meet the people and foster closer rapport and cooperation.

This is not a mere public relations exercise. Efforts to stamp out corruption cannot just focus on those who take the money. In treating corruption and abuse of power as the country’s No. 1 enemy, we also have to acknow­ledge that we are partly responsible for sustaining this enemy.

Every time we offer a bribe, refuse to be a whistleblower or blithely dismiss corruption as “the Malaysian way”, we are strengthening the very thing that threatens to choke our nation’s development.

It is therefore fitting that Gerah incorporates the month-long 3J campaign, which the MACC launched on Monday in a partnership with Star Media Group Bhd.

The 3J name is shorthand for “Jangan Hulur, Jangan Kawtim, Jangan Settle”, which means “Don’t Give and Don’t Settle”.

It is a clever use of colloquial words that are synonymous with corruption, and there is little chance of misunderstanding the intent of the campaign.

“We hope this will pave the way for people to say no to corruption and create a society that has the courage to stand up and fight not only against corruption, but the corruptors,” said Dzulkifli at the launch.

Here is our choice: Be part of the “revolutionary movement” or do nothing and yet expect life to be better.

Source: Stay Say

Top zakat official among 11 held

Wide net: MACC officers escorting Penang Tithes Management Centre personnel to the court in George Town to obtain their remand order.

GEORGE TOWN: A high-ranking Datuk from Pusat Zakat Negeri Pulau Pinang (ZPP) has been accused of misappropriating tithe money, including approving an annual scholarship for one of his children.

He is also alleged to have pocketed payments from contractors as an inducement to provide them with jobs involving ZPP community prog­rammes.

The man is among 11 people, including staff and contractors, who have been detained in a swoop by the Malaysian Anti-Corruption Commission (MACC) yesterday following an investigation that began last December.

The 50-year-old Datuk was picked up at the ZPP office in Bandar Perda, Bukit Mertajam, at 10.40am yesterday.

Three of his co-workers, including two ZPP department heads, and seven ZPP contractors were also detained in the operation codenamed Ops Miskin.

Penang MACC director Datuk Abdul Aziz Aban said the Datuk was detained on suspicion of accepting valuable items, cash and cheques from several companies and suppliers as inducements to award certain projects or works related to the state zakat community development programmes.

He added that the Datuk, who has held the position in ZPP since 1995, was believed to have also approved the annual scholarship without going through the Penang Religious Affairs Department for approval.

“We believe the four ZPP officials have been sharing the illegal payments among themselves between 2014 and 2016.

“We have been watching them since December last year,” Abdul Aziz said during a press conference at the state MACC headquarters here yesterday.

 
Wide net: MACC officers escorting Penang Tithes Management Centre personnel to the court in George Town to obtain their remand order.

Every Muslim with a certain amount of wealth is required to give zakat or alms to the poor and needy.

Abdul Aziz said the seven contractors, aged between 41 and 52, were believed to have often received projects or tenders from ZPP with the help of the Datuk.

He declined to elaborate on the amount of money seized in the operation, saying that it would be revealed after the investigation had been completed.

Apparently, the amount collected by the suspects totalled several million ringgit.

Abdul Aziz said the 11 suspects, who were remanded for a week, would be investigated under Section 17(a) and (b), as well as Section 23 of the MACC Act 2009.

“The offence carries a jail term of up to 20 years and five times the amount of bribes involved,” he added.

Earlier, the 11 were brought to the magistrate’s court here by the MACC at 3pm to be remanded.

Magistrate Mohamad Amin Shahul Hamid granted a seven-day remand, which began yesterday.

Source:  The Star by sharanpal singh randhawa, g.c. tan, sardi mahorm, logeiswary thevadass, chong kah yuan, hemananthani sivanandam, androyce tan

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Mereka Rasuah Kita Bayar! 3J drive: Jangan Kautim, Jangan Hulur, Jangan Settle!

MACC launches Gerah, 3J campaign in fight against ... - theSundaily Working together: Dzulkifli (third from left) and Wong (centre)...

Mereka Rasuah Kita Bayar! 3J drive: Jangan Kautim, Jangan Hulur, Jangan Settle!

Working together: Dzulkifli (third from left) and Wong (centre) sharing a light moment with The Star team after launching the 3J Campaign at Menara Star.

Star teams up with MACC for 3J drive

It is an arduous task but the battle against corruption involves all Malaysians.

For that reason, Star Media Group has partnered with the Malaysian Anti-Corruption Commission (MACC) for the nationwide “Jangan Hulur, Jangan Kawtim, Jangan Settle” (Don’t Give and Don’t Settle) 3J Campaign.

“The battle is neither quick nor easy. But with public support, this fight will end with us winning and our integrity intact,” said Star Media Group managing director and chief executive officer Datuk Seri Wong Chun Wai.

The Star, he said, would be focusing on the youth as they were the “most crucial group”.

Speaking at the launch of the campaign at Menara Star yesterday, Wong cited an MACC study conducted last year among students which found that 16% of students in institutions of higher learning were willing to offer bribes.

The number was worrying as it had gone up from the 10.7% rate in 2015, he said.

To educate the next generation on values like integrity, The Star will be going all out to highlight the message of the campaign.

Other than spreading the word via Twitter and Facebook, Wong said it would be combining its media platforms such as The Star newspaper, The Star Online and StarTV as well as its Bahasa Malaysia news portal mStar and radio Suria FM.

Suria FM, which is part of the Star Media Radio Group, will broadcast the campaign message to the public via its road show team – the Suria FM Wheelers.

The month-long 3J Campaign came under the umbrella of the nationwide Gerakan Revolusi Anti-Rasuah or Gerah campaign, which was launched at the MACC headquarters in Putrajaya yesterday.

MACC chief commissioner Datuk Dzulkifli Ahmad said the battle against corruption and abuse of power would fail without a concerted effort.

“This is why I believe the fight should be our journey, our cause and our war together,” he said.

Dzulkifli voiced his hope for Malaysians to come together under the 3J Campaign and play an active role in battling the “cancer of corruption”.

He said the words “hulur, kawtim and settle” are synonymous with corruption and the MACC used these terms so that the people were aware of the aim of the campaign.

“We hope this will pave the way for the people to say no to corruption and to create a society that has the courage to stand up and fight not only against corruption but the corruptors too,” he said.

Dzulkifli said he made a bold promise to Malaysians earlier this year when he vowed that the MACC would make one arrest every week, but this had been delivered so far, he added.

He also commended the media for its role as “an important watchdog over corruption” and its effort in exposing such cases.

MACC – two campaigns and a swoop 

 

Ready for war: MACC chief commissioner Datuk Dzulkifli Ahmad (centre) and his officers pledging at their headquarters in Putrajaya to wipe out corruption.

PETALING JAYA: Two anti-corruption awareness campaigns were launched nationwide and, to show how serious the fight against corruption is, a swoop on corrupt Immigration officers was carried out too.

An aide of a chief minister, who is a Datuk, was also arrested and is expected to be charged today.

Sources said two senior immigration officers based in Complex ICQ Padang Besar, Perlis, were detained at about 11am yesterday under Ops Lavish.

The suspects, aged 35 and 37, were summoned to the Kedah Malaysian Anti-Corruption Commis­sion (MACC) office on suspicion of accepting bribes in relation to the approval of expatriate passes to hire skilled and professional workers. Also arrested was a 48-year-old contractor.

The contractor is believed to have abetted in the dealings since 2015 and acted as a middleman to transfer a huge sum of money into several bank accounts.

The amount involved was said to be over a million ringgit.

MACC deputy chief commissioner (operations) Datuk Azam Baki confirmed the arrests.

The anti-graft officers also seized four luxury cars, a high-powered bike, a fixed deposit account with RM1mil, 13 luxury bags and 13 watches worth RM130,000.

All three suspects will be investigated under Section 17(a) of the MACC Act 2009, which carries a jail term of up to 20 years and five times the amount of bribes involved.

It is learnt the 37-year-old suspect, while taking charge of the expatriate services division in the Putrajaya Immigration Depart­ment, carried out the dubious dealings.

He was the division head from Feb 2015 to Dec 2015 and tasked with supervising, approving and cross checking all applicants information in the data system.

Star Media Group managing director and chief executive officer Datuk Seri Wong Chun Wai and Dzulkifli go on a ride in the MACC FM mobile after launching the 3J Campaign at Menara Star in Petaling Jaya. — AZMAN GHANI/The Star

Within the short period there, he was said to have approved 339 applications involving 18,626 applicants.

“Some applicant companies were said to be non-existent.

“Initial investigations showed the suspect took a minimum of RM1,500 per applicant from agents as an inducement to approve their applications,” said a source.

Checks also showed that the suspect’s wife had played a role in the dealings by using her registered companies to issue cheques and to transfer money.

The latest move signalled a clean up of the Immigration Department by the anti-graft body.

Thumbs up: MACC enforcement officers meeting members of the public at various public places to spread the 3J anti-corruption campaign message of ‘Jangan hulur, jangan kawtim, jangan settle’ (Don’t give and don’t settle.

In March, at least 10 immigration officers who took up to RM5,000 each to allow illegals to enter Sarawak were nabbed. Six of them were women.

Early this year, four Selangor immigration officers were rounded-up to assist in investigations into dubious applications for international passports, causing losses of over RM1mil.

In Malacca, the former special officer to Malacca Historical City Council’s mayor implicated in a corruption case was arrested at 7.30pm yesterday at the Malacca MACC office.

The 56-year-old suspect faces 11 charges under the Anti-Money Laundering, Anti-Terrorism Finan­cing and Proceeds of Unlawful Activities Act and another four under the Penal Code.

On Nov 28, the officer was arrested to help with a probe over alleged corruption and money laundering.

The MACC also seized more than RM100mil from the officer, comprising cash, assets and several vehicles.

Source: The Star/ANN

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Mereka Rasuah Kita Bayar! 3J drive: Jangan Kautim, Jangan Hulur, Jangan Settle!

Working together: Dzulkifli (third from left) and Wong (centre) sharing a light moment with The Star team after launching the 3J Campaign at Menara Star.

Star teams up with MACC for 3J drive

It is an arduous task but the battle against corruption involves all Malaysians.

For that reason, Star Media Group has partnered with the Malaysian Anti-Corruption Commission (MACC) for the nationwide “Jangan Hulur, Jangan Kawtim, Jangan Settle” (Don’t Give and Don’t Settle) 3J Campaign.

“The battle is neither quick nor easy. But with public support, this fight will end with us winning and our integrity intact,” said Star Media Group managing director and chief executive officer Datuk Seri Wong Chun Wai.

The Star, he said, would be focusing on the youth as they were the “most crucial group”.

Speaking at the launch of the campaign at Menara Star yesterday, Wong cited an MACC study conducted last year among students which found that 16% of students in institutions of higher learning were willing to offer bribes.

The number was worrying as it had gone up from the 10.7% rate in 2015, he said.

To educate the next generation on values like integrity, The Star will be going all out to highlight the message of the campaign.

Other than spreading the word via Twitter and Facebook, Wong said it would be combining its media platforms such as The Star newspaper, The Star Online and StarTV as well as its Bahasa Malaysia news portal mStar and radio Suria FM.

Suria FM, which is part of the Star Media Radio Group, will broadcast the campaign message to the public via its road show team – the Suria FM Wheelers.

The month-long 3J Campaign came under the umbrella of the nationwide Gerakan Revolusi Anti-Rasuah or Gerah campaign, which was launched at the MACC headquarters in Putrajaya yesterday.

MACC chief commissioner Datuk Dzulkifli Ahmad said the battle against corruption and abuse of power would fail without a concerted effort.

“This is why I believe the fight should be our journey, our cause and our war together,” he said.

Dzulkifli voiced his hope for Malaysians to come together under the 3J Campaign and play an active role in battling the “cancer of corruption”.

He said the words “hulur, kawtim and settle” are synonymous with corruption and the MACC used these terms so that the people were aware of the aim of the campaign.

“We hope this will pave the way for the people to say no to corruption and to create a society that has the courage to stand up and fight not only against corruption but the corruptors too,” he said.

Dzulkifli said he made a bold promise to Malaysians earlier this year when he vowed that the MACC would make one arrest every week, but this had been delivered so far, he added.

He also commended the media for its role as “an important watchdog over corruption” and its effort in exposing such cases.

MACC – two campaigns and a swoop 

 

Ready for war: MACC chief commissioner Datuk Dzulkifli Ahmad (centre) and his officers pledging at their headquarters in Putrajaya to wipe out corruption.

PETALING JAYA: Two anti-corruption awareness campaigns were launched nationwide and, to show how serious the fight against corruption is, a swoop on corrupt Immigration officers was carried out too.

An aide of a chief minister, who is a Datuk, was also arrested and is expected to be charged today.

Sources said two senior immigration officers based in Complex ICQ Padang Besar, Perlis, were detained at about 11am yesterday under Ops Lavish.

The suspects, aged 35 and 37, were summoned to the Kedah Malaysian Anti-Corruption Commis­sion (MACC) office on suspicion of accepting bribes in relation to the approval of expatriate passes to hire skilled and professional workers. Also arrested was a 48-year-old contractor.

The contractor is believed to have abetted in the dealings since 2015 and acted as a middleman to transfer a huge sum of money into several bank accounts.

The amount involved was said to be over a million ringgit.

MACC deputy chief commissioner (operations) Datuk Azam Baki confirmed the arrests.

The anti-graft officers also seized four luxury cars, a high-powered bike, a fixed deposit account with RM1mil, 13 luxury bags and 13 watches worth RM130,000.

All three suspects will be investigated under Section 17(a) of the MACC Act 2009, which carries a jail term of up to 20 years and five times the amount of bribes involved.

It is learnt the 37-year-old suspect, while taking charge of the expatriate services division in the Putrajaya Immigration Depart­ment, carried out the dubious dealings.

He was the division head from Feb 2015 to Dec 2015 and tasked with supervising, approving and cross checking all applicants information in the data system.

Star Media Group managing director and chief executive officer Datuk Seri Wong Chun Wai and Dzulkifli go on a ride in the MACC FM mobile after launching the 3J Campaign at Menara Star in Petaling Jaya. — AZMAN GHANI/The Star

Within the short period there, he was said to have approved 339 applications involving 18,626 applicants.

“Some applicant companies were said to be non-existent.

“Initial investigations showed the suspect took a minimum of RM1,500 per applicant from agents as an inducement to approve their applications,” said a source.

Checks also showed that the suspect’s wife had played a role in the dealings by using her registered companies to issue cheques and to transfer money.

The latest move signalled a clean up of the Immigration Department by the anti-graft body.

Thumbs up: MACC enforcement officers meeting members of the public at various public places to spread the 3J anti-corruption campaign message of ‘Jangan hulur, jangan kawtim, jangan settle’ (Don’t give and don’t settle.

In March, at least 10 immigration officers who took up to RM5,000 each to allow illegals to enter Sarawak were nabbed. Six of them were women.

Early this year, four Selangor immigration officers were rounded-up to assist in investigations into dubious applications for international passports, causing losses of over RM1mil.

In Malacca, the former special officer to Malacca Historical City Council’s mayor implicated in a corruption case was arrested at 7.30pm yesterday at the Malacca MACC office.

The 56-year-old suspect faces 11 charges under the Anti-Money Laundering, Anti-Terrorism Finan­cing and Proceeds of Unlawful Activities Act and another four under the Penal Code.

On Nov 28, the officer was arrested to help with a probe over alleged corruption and money laundering.

The MACC also seized more than RM100mil from the officer, comprising cash, assets and several vehicles.

Source: The Star/ANN

Related articles & information:

Two thousand anti-graft warriors ready to do battle

COO and wife in graft probe out on bail

 

The 4C, Center to Combat Corruption and Cronyism

Welcome to C4 Center | C4 Center 

Background | C4 Center

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Mind your words, please! 

 

Time to take fight against graft to the top, say group 

 

Bring corrupt culprits to court fast 

 

International Anti-Corruption Day, Work with MACC to fight corruption, Malaysians urged 

 

Fighting corruption a decade later; Wars on graft widens 

 

Let us do more against graft, bring corrupt culprits to court fast ! 

 

Weeding out the worrying graft and corruption among Malaysian youths and politicians ! 

 

Hopelessness among public after rampant fraud & corruption cases, says Auditor-General 

 

Easy to catch the corrupt if with a catch-all clause to tighten anti-corruption laws 

 

Year in review 2016 - MACC makes record haul in 49 years from top officers of Sabah Water dept 

 

Corruption among the privileged rampant! Graft probe in Sabah almost done 

 

The Corruption case in the Youth & Sports Ministry Malaysia is a reflection of broken systems in country 

 

The Malaysian Anti-Corruption Commission (MACC) needs strong finishing 

 

More big corrupt officials nabbed: Datuk among those busted for graft & mismanagement 

 

More senior govt officials held over corruption involving millions of ringgit 

 

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Water corruption, an integrity crisis is disruptive, debilitating, damaging and hurting us 

 

No water but officials flush with funds: abuse of power, nepotism, cronyism, bribery and money laundering 

The Death of the iPhone

http://www.angelnexus.com/o/web/126008

When I first predicted the "death of the iPhone" in January 2016, most people just laughed.

But when Apple reported its first-ever decline in iPhone sales just three months later, many began to quiet down and listen.

Now, even Tim Cook is recognizing the slowdown, after posting a surprise sales decline in second-quarter earnings this week.

According to Apple's own CEO:

"We're seeing what we believe to be a pause in purchases on iPhone."

Cook has his own theories, but he's missing the bigger picture. Apple has failed to innovate, and it's costing the company a fortune.

Many are banking on the iPhone 8, but the truth is even it won't stand up to what's coming next::

Simply put, the age of the iPhone is coming to an end...

And the age of augmented and virtual reality is just around the corner.

For investors, that means a once-in-a-lifetime opportunity you don't want to miss.

Good Investing,

Jason Stutman
Investment Director, Technology and Opportunity 


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The Death of the iPhone

http://www.angelnexus.com/o/web/126008

When I first predicted the "death of the iPhone" in January 2016, most people just laughed.

But when Apple reported its first-ever decline in iPhone sales just three months later, many began to quiet down and listen.

Now, even Tim Cook is recognizing the slowdown, after posting a surprise sales decline in second-quarter earnings this week.

According to Apple's own CEO:

"We're seeing what we believe to be a pause in purchases on iPhone."

Cook has his own theories, but he's missing the bigger picture. Apple has failed to innovate, and it's costing the company a fortune.

Many are banking on the iPhone 8, but the truth is even it won't stand up to what's coming next::

Simply put, the age of the iPhone is coming to an end...

And the age of augmented and virtual reality is just around the corner.

For investors, that means a once-in-a-lifetime opportunity you don't want to miss.

Good Investing,

Jason Stutman
Investment Director, Technology and Opportunity 


Related posts:

One phone to rule all; Fintech, the healthy disruptors of forex

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Chinese scientists make quantum leap in computing; jumbo passenger jet C919 liftoff !

Chinese leading quantum physicist Pan Jianwei, an academician of the Chinese Academy of Sciences, and his colleagues announced they have built world's first quantum computing machine at a press conference in the Shanghai Institute for Advanced Studies of University of Science and Technology of China on Wednesday. -- People's Daily

CHINESE scientists have built the world's first quantum computing machine that goes far beyond the early classical -- or conventional -- computers, paving the way to the ultimate realization of quantum computing.

Scientists announced their achievement at a press conference in the Shanghai Institute for Advanced Studies of University of Science and Technology of China on Wednesday.

Scientists believe quantum computing could in some ways dwarf the processing power of today's supercomputers. One analogy to explain the concept of quantum computing is that it is like being able to read all the books in a library at the same time, whereas conventional computing is like having to read them one after another.

Pan Jianwei, an academician of the Chinese Academy of Sciences and a leading quantum physicist, said quantum computing exploits the fundamental quantum superposition principle to enable ultra-fast parallel calculation and simulation capabilities.

In normal silicon computer chips, data is rendered in one of two states: 0 or 1. However, in quantum computers, data could exist in both states simultaneously, holding exponentially more information.

The computing power of a quantum computer grows exponentially with the number of quantum bits that can be manipulated. This could effectively solve large-scale computation problems that are beyond the ability of current classical computers, Pan said.

For example, a quantum computer with 50 quantum bits would be more powerful in solving quantum sampling problems than today's fastest supercomputer, Sunway TaihuLight, installed in the National Supercomputing Center of China.

Due to the enormous potential of quantum computing, Europe and the United States are actively collaborating in their research. High-tech companies, such as Google, Microsoft and IBM, also have massive interests in quantum computing research.

The research team led by Pan is exploring three technical routes: systems based on single photons, ultra-cold atoms and superconducting circuits.

Recently, Pan Jianwei and his colleagues -- Lu Chaoyang and Zhu Xiaobo, of the University of Science and Technology of China, and Wang Haohua, of Zhejiang University -- set two international records in quantum control of the maximal numbers of entangled photonic quantum bits and entangled superconducting quantum bits.

Pan explained that manipulation of multi-particle entanglement is the core of quantum computing technology and has been the focus of international competition in quantum computing research.

In the photonic system, his team has achieved the first 5, 6, 8 and 10 entangled photons in the world and is at the forefront of global developments.

Pan said quantum computers could, in principle, solve certain problems faster than classical computers. Despite substantial progress in the past two decades, building quantum machines that can actually outperform classical computers in some specific tasks -- an important milestone termed "quantum supremacy" -- remains challenging.

In the quest for quantum supremacy, Boson sampling, an intermediate (that is, non-universal) quantum computer model, has received considerable attention, as it requires fewer physical resources than building universal optical quantum computers, Pan said.

Last year, Pan and Lu Chaoyang developed the world's best single photon source based on semiconductor quantum dots. Now, they are using the high-performance single photon source and electronically programmable photonic circuit to build a multi-photon quantum computing prototype to run the Boson sampling task.

The test results show the sampling rate of this prototype is at least 24,000 times faster than international counterparts, according to Pan's team.

At the same time, the prototype quantum computing machine is 10 to 100 times faster than the first electronic computer, ENIAC, and the first transistor computer, TRADIC, in running the classical algorithm, Pan said.

It is the first quantum computing machine based on single photons that goes beyond the early classical computer, and ultimately paves the way to a quantum computer that can beat classical computers. This achievement was published online in the latest issue of Nature Photonics this week.

In the superconducting quantum circuit system, a research team from Google, NASA and the University of California at Santa Barbara announced a high-precision manipulation of 9 superconducting quantum bits in 2015.

Now the Chinese team led by Pan, Zhu Xiaobo and Wang Haohua have broken that record. They independently developed a superconducting quantum circuit containing 10 superconducting quantum bits and successfully entangled the 10 quantum bits through a global quantum operation.

Chinese scientists aim to realize manipulation of 20 entangled photons by the end of this year, and will try to design and manipulate 20 superconducting quantum bits. They also plan to launch a quantum cloud computing platform by the end of this year.

Source: Xinhua

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Chinese scientists make quantum leap in computing; jumbo passenger jet C919 liftoff !

Chinese leading quantum physicist Pan Jianwei, an academician of the Chinese Academy of Sciences, and his colleagues announced they have built world's first quantum computing machine at a press conference in the Shanghai Institute for Advanced Studies of University of Science and Technology of China on Wednesday. -- People's Daily

CHINESE scientists have built the world's first quantum computing machine that goes far beyond the early classical -- or conventional -- computers, paving the way to the ultimate realization of quantum computing.

Scientists announced their achievement at a press conference in the Shanghai Institute for Advanced Studies of University of Science and Technology of China on Wednesday.

Scientists believe quantum computing could in some ways dwarf the processing power of today's supercomputers. One analogy to explain the concept of quantum computing is that it is like being able to read all the books in a library at the same time, whereas conventional computing is like having to read them one after another.

Pan Jianwei, an academician of the Chinese Academy of Sciences and a leading quantum physicist, said quantum computing exploits the fundamental quantum superposition principle to enable ultra-fast parallel calculation and simulation capabilities.

In normal silicon computer chips, data is rendered in one of two states: 0 or 1. However, in quantum computers, data could exist in both states simultaneously, holding exponentially more information.

The computing power of a quantum computer grows exponentially with the number of quantum bits that can be manipulated. This could effectively solve large-scale computation problems that are beyond the ability of current classical computers, Pan said.

For example, a quantum computer with 50 quantum bits would be more powerful in solving quantum sampling problems than today's fastest supercomputer, Sunway TaihuLight, installed in the National Supercomputing Center of China.

Due to the enormous potential of quantum computing, Europe and the United States are actively collaborating in their research. High-tech companies, such as Google, Microsoft and IBM, also have massive interests in quantum computing research.

The research team led by Pan is exploring three technical routes: systems based on single photons, ultra-cold atoms and superconducting circuits.

Recently, Pan Jianwei and his colleagues -- Lu Chaoyang and Zhu Xiaobo, of the University of Science and Technology of China, and Wang Haohua, of Zhejiang University -- set two international records in quantum control of the maximal numbers of entangled photonic quantum bits and entangled superconducting quantum bits.

Pan explained that manipulation of multi-particle entanglement is the core of quantum computing technology and has been the focus of international competition in quantum computing research.

In the photonic system, his team has achieved the first 5, 6, 8 and 10 entangled photons in the world and is at the forefront of global developments.

Pan said quantum computers could, in principle, solve certain problems faster than classical computers. Despite substantial progress in the past two decades, building quantum machines that can actually outperform classical computers in some specific tasks -- an important milestone termed "quantum supremacy" -- remains challenging.

In the quest for quantum supremacy, Boson sampling, an intermediate (that is, non-universal) quantum computer model, has received considerable attention, as it requires fewer physical resources than building universal optical quantum computers, Pan said.

Last year, Pan and Lu Chaoyang developed the world's best single photon source based on semiconductor quantum dots. Now, they are using the high-performance single photon source and electronically programmable photonic circuit to build a multi-photon quantum computing prototype to run the Boson sampling task.

The test results show the sampling rate of this prototype is at least 24,000 times faster than international counterparts, according to Pan's team.

At the same time, the prototype quantum computing machine is 10 to 100 times faster than the first electronic computer, ENIAC, and the first transistor computer, TRADIC, in running the classical algorithm, Pan said.

It is the first quantum computing machine based on single photons that goes beyond the early classical computer, and ultimately paves the way to a quantum computer that can beat classical computers. This achievement was published online in the latest issue of Nature Photonics this week.

In the superconducting quantum circuit system, a research team from Google, NASA and the University of California at Santa Barbara announced a high-precision manipulation of 9 superconducting quantum bits in 2015.

Now the Chinese team led by Pan, Zhu Xiaobo and Wang Haohua have broken that record. They independently developed a superconducting quantum circuit containing 10 superconducting quantum bits and successfully entangled the 10 quantum bits through a global quantum operation.

Chinese scientists aim to realize manipulation of 20 entangled photons by the end of this year, and will try to design and manipulate 20 superconducting quantum bits. They also plan to launch a quantum cloud computing platform by the end of this year.

Source: Xinhua

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Angry & frustrated investors lodged report, tell off staffs trying to buy time!

Angry investors who lodged a police report at the Pekan Kinrara station. Waiting for answers:

His first investment scheme failed with losses estimated at between RM400mil and RM1.7bil but JJPTR founder Johnson Lee has brazenly come up with a new one offering even higher returns of 35% a month and with a car, motorcycles and smartphones thrown in as lucky draw prizes. Many of his investors still have faith in him but those in another scheme, Change Your Life, are in a quandary. They now have to choose between getting lower returns or changing to ‘life points’ – and waiting.

Show me the money: Investors making enquiries at Icon City in Bukit Tengah, Bukit Mertajam. The money scam issue has got many who have parted with their savings feeling anxious

JJPTR offers ‘better’ plan

http://www.thestar.com.my/news/nation/2017/05/03/jjptr-offers-better-plan-founder-promises-higher-returns-but-stays-mum-on-refunds/

After the spectacular collapse of his previous financial scheme, purportedly because of a hacked account, controversial scheme operator Johnson Lee has rolled out a new plan, claiming to offer even better returns.

While JJPTR’s earlier scheme – which ended with RM500mil missing from the company’s account – offered returns of 20% a month, this new one offers 35%.

On top of that, it offers special lucky draws with a new car, motorcycles and smartphones as prizes.

What the company did not say in the shining glossary of the new plan is how Lee plans to address the US$400mil (RM1.73bil) losses he claims the company has incurred.

The new scheme also does not explain how he plans to repay those who lost their money to the earlier scheme.

The one-and-a-half minute video Lee uploaded shows that the new plan is based on a “split mechanism” and has three rounds.

The initial investment in US dollars is “split” or doubled in each round. Half of it is re-invested in the scheme and rolls over to the next round.

Each round lasts 10 days and investors are allowed to convert their earnings back to ringgit after three rounds.

Anyone who invests US$1,000 (RM4,331) is expected to receive US$450 (RM1,949) in each round, making it a return of US$1,350 (RM5,847) by the end of round three.

Under the proposed new scheme, investors will also be rewarded with JJ Points, which can be used in exchange for goods via its shopping platform JJ Mart.

The new scheme was announced by the 28-year-old Lee last Tuesday after news broke that his company had gone bust.

The company did not say when the new plan would start.

Attempts to contact Lee were futile and the number listed on the JJPTR Facebook page is already out of service.

A visit to the company’s offices in Penang showed that investors were no longer lining up for answers.

Instead, the staff, who preferred not to be photographed, were seen sitting at empty counters.

Penang-based JJPTR, or Jie Jiu Pu Tong Ren in Mandarin (salvation for the common people), came under the spotlight when investors complained that they did not get their scheduled payment last month.

JJPTR, JJ Poor to Rich and JJ Global Network are among the entities listed as unauthorised companies under Bank Negara Malaysia’s Financial Consumer Alert.

Records from the Companies Commission of Malaysia showed that JJ Global Network was a “RM2 company” owned by Lee and his former girlfriend Tan Kai Lee, 24. Each hold a single share.

Lee’s father Thean Chye, 58, and Tan are also directors of another company called JJ Global Network Holdings Bhd.

Thean Chye, who was an assistant professor at Southern University College in Johor, resigned on Wednesday after the JJPTR losses came to light.

Source: The Star/ANN

Investor tells off staff after failing to get refund 

 

Business as usual: Employees explaining the refund process and new scheme to investors at the JJPTR main office in Perak Road, Penang.

GEORGE TOWN: An investor, frustrated over not getting a promised refund on his stake, told off several female employees at the main JJPTR office in Perak Road.

The man, in his 40s, was heard having an exchange of words with the staff after being told that it may take “a few more days” before he could get his money.

He told them Johnson Lee, the founder of JJPTR, had said that the money was refunded to JJ2 scheme investors some days ago.

“But until today, I haven’t got my money back.

“I just want to know if the refund has been made or are you in the midst of processing the refund?

“If he has not started the refund, just be honest with the investors.”

He insisted on getting a firm date on when he would get back his money but the employees replied that they would need at least five working days.

He then demanded their names but they refused him.

“You don’t even dare give me your names. If I want to lodge a report, I won’t be able to provide the police with details.

“And don’t tell me you need days for a bank transfer. It only takes hours,” he said.

As he left the office, several journalists approached him for comment but were turned down.

“I don’t want to talk to reporters. You are all just causing trouble for us. I can get things done on my own,” he said. JJPTR, or Jie Jiu Pu Tong Ren (“salvation for the common people” in Mandarin), is a Penang-based company that came under the spotlight when its investors complained that they did not get their scheduled profits last month.

According to online and media reports, the investors stand to lose RM500mil. They reportedly number in the tens of thousands, comprising Malaysians and foreigners from Canada, the United States and China.

Lee, who has blamed the loss on hackers, put the figure at US$400mil (RM1.75bil) in a widely-circulated video clip.

JJPTR, JJ Poor to Rich and JJ Global Network are listed as unauthorised companies by Bank Negara Malay­sia.

Source: The Star/ANN

JJPTR just trying to buy time, says ‘scam buster’ 

“Scam buster” Afyan Mat Rawi has ridiculed JJPTR’s new plan, calling it “unsustainable” and nothing but a forex scheme to placate angry investors.

Once a victim of an investment scam himself, the 37-year-old financial adviser said investors should stay away from the scheme, which he described as “illogical”.

“The investors are angry right now, and JJPTR is trying to pacify them by introducing this new plan.

“A 35% return at the end of the three rounds (one month) is illogical. Where would the company find all the money to reinvest?

“The new plan is just a way for them to buy time,” Afyan said.

He said any investment scheme promising returns of more than 15% in a year will ultimately collapse.

“No legitimate scheme will guarantee an annual return of more than 15%. Any scheme claiming to do otherwise has to be a scam.

“Like most other pyramid schemes, the (JJPTR) forex scheme will collapse when there is no entry of new investors.”

Afyan said that despite getting flak from investors after allegedly losing RM500mil due to its accounts being hacked, it was still “possible” for JJPTR to entice old and new investors to subscribe to the new plan, which promises higher returns and special lucky draws.

“Some investors may leave, because they no longer see hope but those in the “top tier” will continue finding new victims as they’ve already invested so much.

“Unfortunately, there will still be people who believe in them,” he related.

Commenting on a video of founder Johnson Lee announcing the new plan via JJPTR Malaysia’s Facebook page, Afyan said the laws in Malaysia were not harsh enough to serve as deterrent for so-called “scammers”.

He claimed that the only person to have been severely punished for operating an illegal investment scheme was Pak Man Telo, or Othman Hamzah, who was jailed and banished to Terengganu from Perak in the early 1990s.

Othman reportedly enticed 50,000 people to invest in his getrich-quick scheme, commonly known as the Pak Man Telo scheme, and managed to rake in RM90mil before being arrested, tried and sent to prison for two years. He died in Terengganu a few years later.

Ever since then, Afyan claimed, convicted scammers have been getting away easy.

“At most, scammers will be arrested and remanded. But you don’t hear about them serving time in prison. They’ve already made millions, billions, in profits.

“A penalty of a few thousand ringgit is nothing to them,” he said.

Afyan, who lost RM300 to a getrich-quick scheme while he was a university student in 2003, worked in Islamic insurance and financial planning after graduating.

He created a Facebook page in 2008 to share information on questionable investment opportunities, earning him the nickname “scam buster”.

He claims to have uncovered about 50 dubious companies so far.

Source: The Star/ANN

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... And they still keep coming to invest
One more goes bust – after just two weeks
Life’s changing for investors in money-making scheme
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Minister tells investors to be wary of JJPTR’s new offer
Her investment grew to RM3.5mil but she can’t take out a sen
Get-rich-quick scheme leaves cattle rearer poorer by RM48,000
Her investment grew to RM3.5mil but she can't take out a sen - Nation

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Angry & frustrated investors lodged report, tell off staffs trying to buy time!

Angry investors who lodged a police report at the Pekan Kinrara station. Waiting for answers:

His first investment scheme failed with losses estimated at between RM400mil and RM1.7bil but JJPTR founder Johnson Lee has brazenly come up with a new one offering even higher returns of 35% a month and with a car, motorcycles and smartphones thrown in as lucky draw prizes. Many of his investors still have faith in him but those in another scheme, Change Your Life, are in a quandary. They now have to choose between getting lower returns or changing to ‘life points’ – and waiting.

Show me the money: Investors making enquiries at Icon City in Bukit Tengah, Bukit Mertajam. The money scam issue has got many who have parted with their savings feeling anxious

JJPTR offers ‘better’ plan

http://www.thestar.com.my/news/nation/2017/05/03/jjptr-offers-better-plan-founder-promises-higher-returns-but-stays-mum-on-refunds/

After the spectacular collapse of his previous financial scheme, purportedly because of a hacked account, controversial scheme operator Johnson Lee has rolled out a new plan, claiming to offer even better returns.

While JJPTR’s earlier scheme – which ended with RM500mil missing from the company’s account – offered returns of 20% a month, this new one offers 35%.

On top of that, it offers special lucky draws with a new car, motorcycles and smartphones as prizes.

What the company did not say in the shining glossary of the new plan is how Lee plans to address the US$400mil (RM1.73bil) losses he claims the company has incurred.

The new scheme also does not explain how he plans to repay those who lost their money to the earlier scheme.

The one-and-a-half minute video Lee uploaded shows that the new plan is based on a “split mechanism” and has three rounds.

The initial investment in US dollars is “split” or doubled in each round. Half of it is re-invested in the scheme and rolls over to the next round.

Each round lasts 10 days and investors are allowed to convert their earnings back to ringgit after three rounds.

Anyone who invests US$1,000 (RM4,331) is expected to receive US$450 (RM1,949) in each round, making it a return of US$1,350 (RM5,847) by the end of round three.

Under the proposed new scheme, investors will also be rewarded with JJ Points, which can be used in exchange for goods via its shopping platform JJ Mart.

The new scheme was announced by the 28-year-old Lee last Tuesday after news broke that his company had gone bust.

The company did not say when the new plan would start.

Attempts to contact Lee were futile and the number listed on the JJPTR Facebook page is already out of service.

A visit to the company’s offices in Penang showed that investors were no longer lining up for answers.

Instead, the staff, who preferred not to be photographed, were seen sitting at empty counters.

Penang-based JJPTR, or Jie Jiu Pu Tong Ren in Mandarin (salvation for the common people), came under the spotlight when investors complained that they did not get their scheduled payment last month.

JJPTR, JJ Poor to Rich and JJ Global Network are among the entities listed as unauthorised companies under Bank Negara Malaysia’s Financial Consumer Alert.

Records from the Companies Commission of Malaysia showed that JJ Global Network was a “RM2 company” owned by Lee and his former girlfriend Tan Kai Lee, 24. Each hold a single share.

Lee’s father Thean Chye, 58, and Tan are also directors of another company called JJ Global Network Holdings Bhd.

Thean Chye, who was an assistant professor at Southern University College in Johor, resigned on Wednesday after the JJPTR losses came to light.

Source: The Star/ANN

Investor tells off staff after failing to get refund 

 

Business as usual: Employees explaining the refund process and new scheme to investors at the JJPTR main office in Perak Road, Penang.

GEORGE TOWN: An investor, frustrated over not getting a promised refund on his stake, told off several female employees at the main JJPTR office in Perak Road.

The man, in his 40s, was heard having an exchange of words with the staff after being told that it may take “a few more days” before he could get his money.

He told them Johnson Lee, the founder of JJPTR, had said that the money was refunded to JJ2 scheme investors some days ago.

“But until today, I haven’t got my money back.

“I just want to know if the refund has been made or are you in the midst of processing the refund?

“If he has not started the refund, just be honest with the investors.”

He insisted on getting a firm date on when he would get back his money but the employees replied that they would need at least five working days.

He then demanded their names but they refused him.

“You don’t even dare give me your names. If I want to lodge a report, I won’t be able to provide the police with details.

“And don’t tell me you need days for a bank transfer. It only takes hours,” he said.

As he left the office, several journalists approached him for comment but were turned down.

“I don’t want to talk to reporters. You are all just causing trouble for us. I can get things done on my own,” he said. JJPTR, or Jie Jiu Pu Tong Ren (“salvation for the common people” in Mandarin), is a Penang-based company that came under the spotlight when its investors complained that they did not get their scheduled profits last month.

According to online and media reports, the investors stand to lose RM500mil. They reportedly number in the tens of thousands, comprising Malaysians and foreigners from Canada, the United States and China.

Lee, who has blamed the loss on hackers, put the figure at US$400mil (RM1.75bil) in a widely-circulated video clip.

JJPTR, JJ Poor to Rich and JJ Global Network are listed as unauthorised companies by Bank Negara Malay­sia.

Source: The Star/ANN

JJPTR just trying to buy time, says ‘scam buster’ 

“Scam buster” Afyan Mat Rawi has ridiculed JJPTR’s new plan, calling it “unsustainable” and nothing but a forex scheme to placate angry investors.

Once a victim of an investment scam himself, the 37-year-old financial adviser said investors should stay away from the scheme, which he described as “illogical”.

“The investors are angry right now, and JJPTR is trying to pacify them by introducing this new plan.

“A 35% return at the end of the three rounds (one month) is illogical. Where would the company find all the money to reinvest?

“The new plan is just a way for them to buy time,” Afyan said.

He said any investment scheme promising returns of more than 15% in a year will ultimately collapse.

“No legitimate scheme will guarantee an annual return of more than 15%. Any scheme claiming to do otherwise has to be a scam.

“Like most other pyramid schemes, the (JJPTR) forex scheme will collapse when there is no entry of new investors.”

Afyan said that despite getting flak from investors after allegedly losing RM500mil due to its accounts being hacked, it was still “possible” for JJPTR to entice old and new investors to subscribe to the new plan, which promises higher returns and special lucky draws.

“Some investors may leave, because they no longer see hope but those in the “top tier” will continue finding new victims as they’ve already invested so much.

“Unfortunately, there will still be people who believe in them,” he related.

Commenting on a video of founder Johnson Lee announcing the new plan via JJPTR Malaysia’s Facebook page, Afyan said the laws in Malaysia were not harsh enough to serve as deterrent for so-called “scammers”.

He claimed that the only person to have been severely punished for operating an illegal investment scheme was Pak Man Telo, or Othman Hamzah, who was jailed and banished to Terengganu from Perak in the early 1990s.

Othman reportedly enticed 50,000 people to invest in his getrich-quick scheme, commonly known as the Pak Man Telo scheme, and managed to rake in RM90mil before being arrested, tried and sent to prison for two years. He died in Terengganu a few years later.

Ever since then, Afyan claimed, convicted scammers have been getting away easy.

“At most, scammers will be arrested and remanded. But you don’t hear about them serving time in prison. They’ve already made millions, billions, in profits.

“A penalty of a few thousand ringgit is nothing to them,” he said.

Afyan, who lost RM300 to a getrich-quick scheme while he was a university student in 2003, worked in Islamic insurance and financial planning after graduating.

He created a Facebook page in 2008 to share information on questionable investment opportunities, earning him the nickname “scam buster”.

He claims to have uncovered about 50 dubious companies so far.

Source: The Star/ANN

Related stories:

... And they still keep coming to invest
One more goes bust – after just two weeks
Life’s changing for investors in money-making scheme
Flashy ads, but no gain for investors

Minister tells investors to be wary of JJPTR’s new offer
Her investment grew to RM3.5mil but she can’t take out a sen
Get-rich-quick scheme leaves cattle rearer poorer by RM48,000
Her investment grew to RM3.5mil but she can't take out a sen - Nation

Be loyal but don't follow blindly, says PM

Related posts:

Money games, Earn money nothing can replace the old-fashioned hard-work, honesty; learn Jack Ma's way

Scheme or scam?: Multi-level marketing companies often conduct presentations to potential members promising financial freedom and a b... 

Get-rich-quick schemes thriving in Penang: many losers in the money game!

Trap - as long as there is greed, Ponzi schemes will always re-emerge.  CALL them pyramid, Ponzi or get-rich-quick schemes and pe...