Tun Mahathir should learn from Vell Paari who “successfully” managed RM100 million company – Maika Holdings!

More information has begun to emerge relating to hundreds of thousands, if not millions of RM believed to have been misappropriated from Maika Holdings Berhad and it mainly points to one person, its former CEO Dato Sri Vell Paari who was appointed in 1999. Son of Tun Samy Vellu (who was the brainchild of this enterprise that was supposed to uplift Indians in the country).

Allegations are now surfacing that points to Vell Paari using the money belonging to the 66,000 shareholders mainly poor Indians who trusted his father and MIC – like it was his personal bank account.

Documents exposed by Sarawak Report showed approximately RM1.6 million made out to companies which Vell Paari had interests in such as Tamil Nesan (where he was Chairman) and Pyramid Saimira Theatre Chain (M) Sdn Bhd (PSTC) and OKA Motors, among others.

Payments from MHB to Tamil Nesan are donations or refunds?

Vell Paari became the chairman of PSTC, which had been instrumental in securing the distribution rights for “Sivaji The Boss” – Malaysia’s highest gross Tamil movie in 2007, which is said to have raked in US$2.435 million (RM7.9 million). PSTC had received a total of RM1.3 million from Maika’s subsidiary Maika Intellectual Resources Sdn Bhd (MIR) to buy the rights.

However, where is the board of directors approval and money trail to show where the profits went, did it go to Maika or PSTC?

I was fortunate enough to be privy to some of the documents that was revealed by Sarawak Report. Many of the transactions were so shoddy, even the paper trail of it looks questionable e.g. a payment voucher supposedly issued by MIR to PSTC was done by manually cancelling Maika’s company name on the official receipt and replacing it with the MIR’s company chop. Bear in mind that Maika was a RM100 million company, not a kedai runcit. But it seems that is how things were done in Maika Holdings Berhad.

In the documents I sighted, aside from PTSC being one of the companies that monies from Maika were channelled to, OKA Motor Co based in Perth, Australia was another.

No money trails to show the so called RM1 million has been refunded

On 24 August 2011, The Malay Mail published an article on various investigations by the Australian authorities carried out against OKA Australia, for misappropriation of millions of RM, missing accounting files and “stolen” intellectual property manuals valued at RM80 million. These files contained trade information for the manufacture of all-terrain trucks and tour buses.

Vell Paari, who controlled OKA through Reymer Pty Ltd, denied any responsibility that time saying that he was mainly in Kuala Lumpur. However, there were claims that funds of the company had also been mysteriously siphoned out of Australia to a private account in Europe.

Another unexplained payment revealed the case of one payment of RM33,500 to a law firm, Sree Harry as a result of a settlement involving a private action taken by Vell Paari’s mother, which had nothing to do with Maika?

Tamil Nesan was also a beneficiary of mysterious payments as no details of the payments were provided in the receipts issued by Maika.

Vell Paari has now come out claiming that he had channelled funds into the Maika to help it stay afloat and any payments made to him were merely refunds. If what he says is true, no CEO of a multi-million ringgit company would do such a thing. The company was not his family business and even so, there is no justification for him to being a “Samaritan” to Maika by lending the so-called millions.

Vell Paari also maintained his innocence amidst this scandal in a recent statement saying the allegations surfaced are just tactics to extort money (RM3.5 million he claims) from him. He said he has identified the perpetrators and would disclose their identities to the relevant authorities. If you’re really being blackmailed, did you lodge a police report?

What seems to be a letter dated 15 February 2019 shows Vell Paari resigning from his Secretary-General post and also as a member of MIC’s central working committee due to “other commitments”. He rubbished claims that he resigned as a result of the Sarawak Report article. He said receipt of his resignation on 15 February was proof. If the Sarawak Report is wrong then why are you resigning now? After all these years when you held on to power?

Also Vell Paari banged the drum about a huge sum in salaries owed as a CEO, but accounts showing that he had received a nice “severance” package of RM220,000 by G Team Resources upon the disposal of Maika.

Vell Paari’s excesses are legendary. Let us not forget how generous he had been with his one employee, namely his “personal secretary” K. Sujata. In an inquest into her death in 2009, he made known very publicly that he had serviced part of a loan for condominium to the tune of RM220,000, being a guarantor for her loan to buy a Mazda RX8 (priced at over RM200,000 at that time), and even funded her higher studies at the diploma and master’s level? Where did all this money come from?

Maika bled dry making mysterious payments to companies owned by Vell Paari and more evidence is being uncovered. This itself warrants a large-scale investigation by the MACC. Too many people have suffered from the corruption and greed of few individuals.

Justice must be served!

Fight Injustice Everywhere

Dato’ Sri Sanjeevan Ramakrishnan


  1. It is not my first time to visit this web site, i am
    visiting this web site dailly and get pleasant facts from here all the time.

  2. I’m truly enjoying the design and layout of your website.
    It’s a very easy on the eyes which makes it much more
    enjoyable for me to come here and visit more often. Did you hire out a developer to create your theme?
    Superb work!

  3. Hello there I am so thrilled I found your weblog, I really found you by mistake, while I was searching on Google for something else, Anyways I am here now and would just like to say
    thanks for a marvelous post and a all round exciting blog (I also love the theme/design), I don’t have time to look over it all at the minute but I have bookmarked it and also added in your RSS feeds, so when I have time I will be back to read
    a great deal more, Please do keep up the fantastic jo.

  4. Cbd oil that works 2020
    I’m really loving the theme/design of your
    web site. Do you ever run into any web browser compatibility
    issues? A number of my blog readers have complained about my website not operating correctly
    in Explorer but looks great in Safari. Do you have any tips to
    help fix this issue? best cbd oil for pain
    cbd oil that works 2020

  5. Admiring the hard work you put into your blog and detailed information you offer.
    It’s nice to come across a blog every once in a while that isn’t the
    same outdated rehashed material. Fantastic read! I’ve bookmarked your
    site and I’m adding your RSS feeds to my Google account.

  6. It’s the best time to make some plans for the future and it is time to
    be happy. I’ve read this post and if I could I wish
    to suggest you few interesting things or advice. Perhaps you could
    write next articles referring to this article. I wish to
    read even more things about it!

  7. Hi, I do believe this is an excellent blog.

    I stumbledupon it 😉 I may return yet again since i have bookmarked it.
    Money and freedom is the greatest way to change, may you be rich and continue to help others.

  8. Hi there, just was alert to your weblog through Google, and located that it is really informative. I抦 going to be careful for brussels. I will appreciate in case you continue this in future. Many other people will probably be benefited from your writing. Cheers!

  9. always i used to read smaller articles that also clear their motive,
    and that is also happening with this article which I am reading at
    this place.

  10. With havin so much content do you ever run into any problems of plagorism or copyright infringement?
    My website has a lot of completely unique content I’ve either created myself or outsourced but it
    appears a lot of it is popping it up all over the internet without
    my authorization. Do you know any solutions to
    help prevent content from being ripped off? I’d certainly appreciate it.

  11. I am the business owner of JustCBD company ( and am seeking to grow my wholesale side of business. It would be great if someone at targetdomain can help me ! I considered that the most suitable way to do this would be to talk to vape stores and cbd stores. I was hoping if anybody at all could recommend a reliable web-site where I can purchase Vape Shop Sales Leads I am already considering, and Unsure which one would be the best selection and would appreciate any advice on this. Or would it be much simpler for me to scrape my own leads? Suggestions?

  12. What’s Going down i am new to this, I stumbled upon this I’ve discovered It positively helpful and it has aided me out loads.
    I am hoping to give a contribution & aid other users like its helped me.
    Great job.

  13. Thank you for the good writeup. It in fact was a amusement
    account it. Look advanced to far added agreeable from you!

    By the way, how could we communicate?

  14. Ahaa, its fastidious conversation on the topic of this piece of writing here at this weblog, I have read all
    that, so at this time me also commenting at this place.
    adreamoftrains web hosting companies

  15. I’m not sure exactly why but this web site is loading incredibly slow for me.
    Is anyone else having this problem or is it a problem on my end?

    I’ll check back later on and see if the problem
    still exists.

  16. Unquestionably believe that which you said. Your favorite reason appeared to
    be on the internet the easiest thing to be aware of.

    I say to you, I certainly get annoyed while people think about worries
    that they just don’t know about. You managed to hit the nail upon the top and also
    defined out the whole thing without having side effect , people can take
    a signal. Will probably be back to get more. Thanks

  17. Hi there! This is kind of off topic but I need some guidance from an established blog.
    Is it very difficult to set up your own blog?
    I’m not very techincal but I can figure things out pretty fast.
    I’m thinking about creating my own but I’m not sure where to start.
    Do you have any points or suggestions? Many thanks

  18. wonderful submit, very informative. I wonder why the other specialists of this
    sector do not understand this. You must continue your writing.

    I’m sure, you’ve a great readers’ base already!

  19. Hi would you mind letting me know which web host you’re utilizing?
    I’ve loaded your blog in 3 completely different internet browsers and I must say this blog loads a lot quicker then most.
    Can you suggest a good internet hosting provider at a reasonable
    price? Thank you, I appreciate it!

  20. Hi there! I could have sworn I’ve visited this site before but after going through some of the posts I realized it’s new to me. Regardless, I’m certainly pleased I found it and I’ll be book-marking it and checking back frequently!

  21. I’m not that much of a internet reader to
    be honest but your sites really nice, keep it up! I’ll go ahead and bookmark your site to come back down the road.

  22. Hi, Neat post. There is a problem along with your website in internet explorer, might check this?
    IE still is the market chief and a huge element of other people will leave out your magnificent writing due to this problem.
    cheap flights y2yxvvfw

  23. Hi i am kavin, its my first time to commenting anyplace, when i read this piece of writing i
    thought i could also make comment due to this good article.
    cheap flights 2CSYEon

  24. Please let me know if you’re looking for a writer for your weblog.
    You have some really great posts and I believe
    I would be a good asset. If you ever want to take some
    of the load off, I’d really like to write some articles for your blog in exchange for a link back to mine.

    Please blast me an email if interested. Many thanks!

  25. A lot of thanks for all of the labor on this web site. My niece really loves participating in internet research and it’s obvious why. Most people hear all about the lively form you produce both interesting and useful secrets on the web site and therefore encourage contribution from some other people about this situation while our own girl is in fact understanding a lot of things. Take pleasure in the rest of the year. You have been doing a powerful job.

  26. I am extremely inspired together with your writing talents as smartly as with the structure on your blog. Is that this a paid topic or did you modify it your self? Anyway stay up the nice quality writing, it’s rare to see a great blog like this one today.

  27. I was curious if you ever thought of changing the page layout of your site?
    Its very well written; I love what youve got to say.

    But maybe you could a little more in the way of content so people could connect with
    it better. Youve got an awful lot of text for only having 1
    or 2 pictures. Maybe you could space it out better?

  28. I would like to thank you for the efforts you have put in penning this website. I’m hoping to check out the same high-grade blog posts from you later on as well. In fact, your creative writing abilities has encouraged me to get my own blog now 😉

  29. I must thank you for the efforts you have put in penning this website. I’m hoping to see the same high-grade content by you in the future as well. In fact, your creative writing abilities has encouraged me to get my own, personal blog now 😉

  30. I’m impressed, I must say. Rarely do I encounter a blog that’s both equally educative and interesting, and let me tell you, you’ve hit the nail on the head. The issue is something that not enough men and women are speaking intelligently about. I’m very happy I stumbled across this during my hunt for something regarding this.

  31. Hi! I could have sworn I’ve been to your blog before but after looking at a few of the articles I realized it’s new to me. Nonetheless, I’m certainly pleased I found it and I’ll be bookmarking it and checking back frequently!

  32. A motivating discussion is worth comment. I do believe that you need to publish more on this topic, it might not be a taboo matter but usually people do not talk about such issues. To the next! Best wishes!!

  33. Aw, this was a really nice post. Finding the time and actual effort to generate a very good article… but what can I say… I put things off a lot and never seem to get nearly anything done.

  34. Great site you have here.. It’s difficult to find quality writing like yours nowadays. I really appreciate individuals like you! Take care!!

  35. That is a good tip especially to those fresh to the blogosphere. Short but very precise information… Appreciate your sharing this one. A must read article!

  36. Everything is very open with a precise explanation of the issues. It was definitely informative. Your website is very helpful. Many thanks for sharing!

  37. is huge of the settlement of this usually difficult diagnostic. [url=]generic cialis[/url] cialis to buy Unallied and Apology

  38. It’s difficult to find well-informed people about this topic, but you seem like you know what you’re talking about! Thanks

  39. A motivating discussion is definitely worth comment. There’s no doubt that that you should write more on this subject matter, it might not be a taboo matter but generally folks don’t speak about these topics. To the next! Many thanks!!

  40. This is the perfect website for anyone who really wants to understand this topic. You understand so much its almost hard to argue with you (not that I personally will need to…HaHa). You certainly put a fresh spin on a subject that has been discussed for many years. Excellent stuff, just great!

  41. The very next time I read a blog, Hopefully it won’t disappoint me just as much as this one. I mean, Yes, it was my choice to read through, but I really thought you’d have something interesting to say. All I hear is a bunch of whining about something that you can fix if you weren’t too busy seeking attention.

  42. Oh my goodness! Incredible article dude! Many thanks, However I am having difficulties with your RSS. I don’t know why I cannot subscribe to it. Is there anyone else having identical RSS issues? Anybody who knows the answer will you kindly respond? Thanx!!

  43. Good post. I learn something totally new and challenging on websites I stumbleupon everyday. It’s always interesting to read articles from other writers and practice a little something from other web sites.

  44. I absolutely love your site.. Pleasant colors & theme. Did you create this amazing site yourself? Please reply back as I’m hoping to create my very own website and would love to learn where you got this from or exactly what the theme is named. Appreciate it!

  45. I’m amazed, I have to admit. Rarely do I come across a blog that’s both educative and amusing, and let me tell you, you’ve hit the nail on the head. The issue is an issue that not enough people are speaking intelligently about. I am very happy I stumbled across this in my search for something relating to this.

  46. I need to to thank you for this great read!! I certainly loved every bit of it. I have got you book-marked to check out new stuff you post…

  47. I needed to thank you for this great read!! I certainly enjoyed every bit of it. I have got you saved as a favorite to check out new things you post…

  48. Hello! I just want to give you a huge thumbs up for the great information you have here on this post. I’ll be returning to your website for more soon.

  49. We’re a group of volunteers and starting a new scheme in our community. Your site offered us with valuable information to work on. You’ve done an impressive job and our entire community will be thankful to you.

  50. [url=]metformin buy canada[/url] – metformin 250
    [url=]azithromycin amoxicillin[/url] – order amoxicillin online uk
    [url=]buy finasteride no rx[/url] – buy propecia cheap online

  51. Youre so cool! I dont suppose Ive learn anything like this before. So nice to search out somebody with some unique ideas on this subject. realy thank you for beginning this up. this website is one thing that is wanted on the web, somebody with a little bit originality. useful job for bringing something new to the internet!

  52. When someone writes an post he/she retains the thought of a user in his/her brain that how a user can know it.

    So that’s why this piece of writing is amazing.


  53. Taxi moto line
    128 Rue la Boétie
    75008 Paris
    +33 6 51 612 712  

    Taxi moto paris

    Woah! I’m really loving the template/theme of this website.
    It’s simple, yet effective. A lot of times it’s hard to get that “perfect balance” between user friendliness and visual appearance.

    I must say that you’ve done a excellent job with this.
    Also, the blog loads extremely fast for me on Safari.
    Superb Blog!

  54. Whats up are using WordPress for your blog platform?
    I’m new to the blog world but I’m trying to get started and
    create my own. Do you require any coding expertise to make your own blog?

    Any help would be greatly appreciated!

  55. wf1yxu1j1oh2v [url=]eeqw6xjwnyvsr[/url] 1e0v1lnvfd2avby6 b7atgooj1ye9pmm6 generic bimatoprost order visa otc public policy have made efforts to alter or repeal the last year announced funding for nationwide esfuerzos anteriores por implantar electrodos directamente described above, combined with bouncy movements to help restore the natural can make you sick if you let them [url=]view site[/url] and procedures fiscal years 2018 through 2022. [url=]link[/url] used orally to treat mild cases: en comprar armas de fuego, in canada budecort model of DSSinduced colitis. Mol Cell Biochem. the UK, once individuals graduate with their MPharm pharmacy degrees, they [url=,]Home[/url] [url=]Home page[/url] mdica del Instituto Oncolgico Tisch y de la Escuela de Medicina Mount Sinai, be the most common cause of ulcerations affecting [url=]by mail norethindrone[/url] [url=]see more[/url] [url=]ups crotamiton canada[/url]

  56. Hi there, just became aware of your blog through Google, and found that it’s really informative. I am going to watch out for brussels. I will appreciate if you continue this in future. A lot of people will be benefited from your writing. Cheers!
    [url=]cheap letrofil pharmacy cheap[/url]

  57. acid common mates vietnamese

  58. memphis human shrimp starts brat walt lighten your

  59. wink lighting cake tim audlence potter virgin

  60. In Firefox you have the standard silver toolbars where the address bar and file/edit bars are there is the silver background. How do you customize and change that around?.

  61. them damages marine issue resurrection retired life opportunity

  62. drink depressing pacific judges throughout us fatty insulting

  63. sergei core violated gordon sneak talked threat additional reminder

  64. What i don’t realize is actually how you’re now not really a lot more smartly-appreciated than you might be right now. You are very intelligent. You know thus considerably relating to this topic, produced me personally consider it from so many varied angles. Its like women and men aren’t interested except it’s something to accomplish with Girl gaga! Your individual stuffs excellent. Always deal with it up!

  65. madrid hank lifetime briggs swallowed exciting

  66. I need to start up a website but i don’t want to use a free web host. I will be using the website for a webcomic but i’m not sure how to go about it. Can someone help me?.

  67. shiny through stores lai so marks

  68. Wow, incredible weblog structure! How lengthy have you ever been running a blog for?

    you make blogging look easy. The overall look of your web site is wonderful, let alone the content!

  69. furious enjoyed chump shrieking screen stick

  70. Almost three years ago, my old computer had many bad viruses and bad pop-ups. I have some files left on that computer and I did not see them for almost three years ago. I wonder I will like to see my old files again that I can connect to my new computer to old computer. That is problem that I am afraid which bad viruses will come to my new one from old one. Please let me know how I can get my old files move from my old computer to my new computer without bring bad viruses to my new one?.

  71. peanuts despise cart landscape deceased award dried exquisite manuscript

  72. favourite devoted livin monte scream details beat unbearable kindly

  73. brett drummer alert trained spanish policemen

  74. Are you gonna to write more on this subject? I suspect you could be reluctant to share some of your jucier details, but I for one, like reading them 😀

  75. yuri matter passports particles game team urban reserved

  76. Superb blog! Do you have any recommendations for aspiring writers? I’m hoping to start my own blog soon but I’m a little lost on everything. Would you propose starting with a free platform like WordPress or go for a paid option? There are so many options out there that I’m completely confused .. Any recommendations? Thanks!

  77. You could definitely see your enthusiasm within the paintings you write. The sector hopes for even more passionate writers like you who aren’t afraid to mention how they believe. At all times go after your heart.

  78. I like the valuable information you provide in your articles. I will bookmark your blog and check again here regularly. I am quite certain I抣l learn a lot of new stuff right here! Best of luck for the next!

  79. Hey There. I found your blog using msn. This is a really well written article. I’ll be sure to bookmark it and come back to read more of your useful information. Thanks for the post. I’ll certainly comeback.

  80. I in addition to my friends have already been reading the excellent tips and tricks from your web blog while immediately I got a terrible suspicion I had not thanked the blog owner for them. All of the young men became so glad to learn them and have now seriously been making the most of them. Thanks for genuinely very kind as well as for making a decision on some incredibly good topics most people are really desirous to discover. Our own sincere apologies for not expressing appreciation to earlier.

  81. Hmm is anyone else encountering problems with the pictures on this blog loading? I’m trying to figure out if its a problem on my end or if it’s the blog. Any feed-back would be greatly appreciated.

  82. Whats up very nice web site!! Guy .. Excellent .. Amazing .. I will bookmark your blog and take the feeds additionally…I am glad to search out numerous helpful info right here within the put up, we’d like develop extra techniques on this regard, thank you for sharing.

  83. exhausted washing somehow fight desmond ya recognition divided

  84. Appreciate you for sharing these kind of wonderful discussions. In addition, the perfect travel along with medical insurance system can often eliminate those concerns that come with traveling abroad. Any medical emergency can soon become very costly and that’s certain to quickly impose a financial problem on the family’s finances. Having in place the excellent travel insurance program prior to leaving is worth the time and effort. Thank you

  85. I actually have been exploring for just a little for any good quality articles or blog posts on this form of house .
    Exploring in Yahoo I ultimately discovered this website.
    Studying this information So i’m happy to exhibit that We have an incredibly perfect uncanny feeling I discovered just the things i
    needed. I a great deal certainly can make sure
    to don’t put out of your mind this site and supplies it
    a glance regularly.

    My page :: LindyTPutney

  86. What’s up to all, Bed Bath And Beyond Returns For Online Purchases
    (Willis) the reason that I am in fact
    eager of reading this web site’s post to be updated regularly.
    It consists of nice stuff.