17 Mar 2011

Onn Mahmud and Australia’s Most Expensive Penthouse!

Onn Mahmud and Australia’s Most Expensive Penthouse!

This post is also available in: Iban, Malay

 A breath-taking duplex penthouse with spectacular views in a top Sydney location.  The press leaped on the story when this apartment sold for a record Aus$20 million in 2008.  But who was the ‘undisclosed prominent businessman’ who had been able to afford Australia’s most expensive flat and who had sold it?  What we can be certain of is that the deal involved a certain ‘prominent’ family from Sarawak, more particularly Onn Mahmud, the brother of the Chief Minister.

Australia's most expensive flat, who could find the money to pay $20 million on one appartment?

We know that Onn was involved in the development or purchase of what is known as Ten Wylde Street, located in the prime Sydney harbour location Potts Point,  because of the evidence that was brought out in a court case some months before the story broke.  Onn was being sued for millions of dollars by a consultant who included in the bill his fees for the “development and management” of Ten Wylde Street.

Spectacular and expensive - can the Taibs outbid the rest of Australia to gain Sydney's most expensive flat?

The court case and resulting publicity came at a very difficult moment for Onn, because attention was at the same time being drawn to his vast and unaccountable wealth by the Japanese newspapers, who were following up a prosecution by their own tax authorities against local shipping cartels.  In 2007 the story was coming out that shipping companies had been paying un-declared timber kickbacks to a mystery company in Hong Kong that was plainly linked to Onn Mahmud.

Trendy, modern glass. A total of 530 square meters in prime downtown Sydney.

Onn has a base in Sydney and had developed a number of business interests in the name of Kesuma Holdings, a company involving himself and his wife, son and daughter, however this was to shortly close down in 2009.

Quite astonishing luxury - the product of timber corruption?

When this property was brought onto the market it was marketed expensively on the internet and sold off-plan.  In fact the development was part of a refurbishment of an existing rather more old-fashioned, brick serviced-apartments building and the work is still in progress.  Just a few days ago the enterprise hit the news again when newspapers reported that the original sale deal had quietly fallen through and the original developers have moved on, selling the entire project for just about same price that this one flat was originally supposedly bought for – around $17.5- 20 million.  Did somebody have more money than sense during the property boom?

This is all off-plan imaging! A dream that is losing someone a lot of money…

Sarawak Report’s on the ground reporters in Sydney have told us that Ten Wylde Street is still very much an on-going development.  The website that advertised these glossy pictures at the time of the Aus $20 million dollar deal has now been closed down.

Needless to say, Onn Mahmud’s name has never been publicly associated with the project.  Leaving some to question whether he was the developer of the whole building project or just the mystery buyer?

What Onn Mahmud failed to deny however, when this whole matter came to court in mid-2007 and 2008, was that there had been work done on his behalf regarding the “development and management” of Ten Wylde Street, Potts Point.  It has left the rest of us questioning, where did he get all that money?

  • Amrit Sanggna

    That is why, we struggle to lay food on our tables. They seem to be wasting our money lavishly overseas,,which in actual fact should be revolving among us to live in comfort. The money is our Tax Money that he just blew up for his,,, Lust.

    • hot

      white hair and families didnt "steal or rob" thou …. it is the natives that contributed to their wealth for many many years.

      blame the natives lah …. they are the one that "donated" to white hair and families one lah.

      long live native sarawakians….

      ….. where out motto is : live impoverish and donate all wealth to white hair ….

      • http://none Skuh Babeh Rahun say

        ARE YOU A SARAWAKIAN? YOU TALK AS IF YOU HAVE A PEA BRAIN. DO YOU MEAN ALL NATIVES?? GO BACK TO SCHOOL BRO.SARAWAK IS THE SIZE OF WEST MALAYSIA,STUDY THE GEOGRAPHICAL SITUATION,ELECTORAL ROLE BEFORE YOU POUT YOUR MOUTH ON PAPER.ANALYSE THE SITUATION LIKE:-

        1. HOW MANY DAYAKS BASE CONSTITUENCIES?

        2. HOW MANY MELANAU CONSTITUENCIES?

        3. HOW MANY MALAYS CONSTITUENCIES?

        4. HOW MANY CHINESE CONSTITUENCIES?

        YOU TALK AS IF YOU HAVE A PEA BRAIN BRO.PLEASE DO NOT ANGER THE NATIVES.YOU CLAIMED TO BE HOT BUT YOU ARE A BLOODY FOOL.

        • san tet

          10000% AGREE

        • hot

          wow you suddenly talk like a smart ass but doing nothing all these while …. too little too late?

          go back digging holes …..

        • TROJANHORSE

          KACAKNYA UMAH….

        • TROJANHORSE

          KACAKNYA UMAH….MUN NYA NULUNG CIDAK UMAH PANJANG DI BALEH GIK BAGUS….

      • Lampu kidurong

        Mr Hot Paloi,

        Rueful that,all your comments are rubbish,which came from your rubbish mentality,that why the natives called your BANGKAI.cos we the natives dont need the BANGKAI BARISAN like you !

        • hot

          yeah right …. go keep complaining like fat ladies.

          I wonder who voted for white hair and families thou?

          keep blaming dont help. Even idiot knows that and I wonder why natives dont.

        • aborium

          Mr Hot Paloi' head is made of wax, let him walk in the hot sun.

    • http://yahoo Pippit

      Brothers sisters after the locust have worked their way through our fair land what is there left for us poor birds?!

      No Freedom, No oil, No trees, No Land, No Harvest No Food, No Gawai!

      p.s. We can no longer call Sarawak our "fair land" destroyed by the Taib family and crony tycoons.

      • http://none Watch Dog

        BRO,THE PEOPLE WHO VOTED FOR TM ARE THE MELANAUS,MALAYS THOUGH THEY MAY BE IBAN AND CHINESES TOO AS THE CONSTITUENCY IS BALINGIAN.HE RAN AWAY FROM MUARA TUANG AS THERE ARE NO MORE LANDS THERE FOR HIM TO GIVE TO HIS BROTHERS AND SISTERS.

        STOP BLAMING US NATIVES AS MY WIFE,MYSELF NEVER VOTE FOR BN. SO HOW ABOUT YOU.

    • sarawakian native

      from ur name i guess that u are west malaysian..so..yes..sarawakian natives give to this 'white hair'..but we don't only give to him..we also feed the WHOLE malaysia including person like u!!we better leave malaysia once and for all.let us see how much each 'negeri' in west malaysia can contribute to their own economy.this is not 1 Malaysia message for u but 1 middle finger message!

  • hot

    how I wish i was in sarawak so that the natives can be generous and magnanimous donating their wealth to me too.

    white hair and families must be so lucky to have so many natives giving them so generously for so many years.

    well done native sarawakians.

    long live native sarawakians.

    • http://none Skuh Babeh Rahun say

      SO YOU ARE NOT IN SARAWAK,YOU BETTER SHUT YOUR GAP.I BET YOU NEVER BEEN TO SARAWAK.

      BN IN SARAWAK ARE MADE UP OF SUPP,PBB,PRS AND SPDP.POLITICS BOY POLITICS. IT IS NOT THAT SIMPLE AS YOU THINK,MARK AN 'X' AND THERE YOU ARE. POLITICS ARE DONE BY MANIPULATORS,HARDLINER POLITICAL CRIMINALS AND THAT IS WHAT SARAWAK IS SUFFERING FROM NOW.YOU HAVE TO ANALYSE THE POLITICAL SITUATION,EVEN FRUIT SELLERS ARE INVOLVED IN POLITICS. AS A NEW COMER,YOU TRY AND OPEN YOUR STALL NEXT TO THE GUY WHO HAS BEEN SELLING AND SEE WHAT HAPPEN TO YOU.

      PLEASE DON'T COMMENT JUST FOR THE SAKE OF COMMENTING. GROW UP BOY

      • hot

        poor natives – they are just digging holes for themselves and now blaming others for deriding them to be idiot.

        how many years though natives supported white hair and families – long 32 years.

        boo hoo hoo.

        • http://none Watch Dog

          hot..another IDIOT pushing his finger into Sarawakian's affair.Wonder how much is he paid by TM's cronies to out such comment..another of the pea brain who failed to understand and is being paid by TM cronies

        • hot

          what a great name watch dog but unfortunately a pariah one.

          if you so called natives hated outsiders so much perhaps you should get rid of SR first since they are also poking their fingers on Sarawak.

          suppressed yet hypocritical. no wonder natives are being taken advantage off.

        • http://yahoo Aminus

          HOT IS RIGHT

          We are complaining a lot and not doing anything to throw out UMNO colonialism which is stripping our country BARE!

    • aborium

      Hot potato scumbag!

      • http://none Watch Dog

        SO PATHETIC PEA BRAIN SCUMBAG..'hot'.

        SPEAKING AS F HIS BRAIN IS UNDERNEATH HIS FEET AS WELL.ANOTHER FOREIGNER SEEKING HIS FORTUNE I N OUR MOTHERLAND.SO PATHETIC

    • romakoyo

      hoi! imam frustrated! kimak kau! sik habis habis kau nganok orang dayak! phtuuiii!!!

  • Ari

    Fellow Sarawakian, the state election is around the corner. Vote for change

  • layar guy

    This guy have spent AUS 20 million in Australia and that amount of money stay in that country.Just imagine if the amount of money AUS 20 million x 3.00 (Currency Rate)=RM 60 millions circulate in domestic market it would generate multiply effect of RM 60 x 1.5 = RM 90 Million in Malaysian Economy.This is a serious leakage of Monetary Value to the country.If he dare to spend this amount just imagine how much he is actually worth of?

    Therefor if RM 250 per acres to compensate the NCR land owners by this virtue it is (RM 90 million /RM 250)= 360,000 acres of Sarawak land has been trade.The natives lost hunting ground,fishing,forest products etc..worst still living in POVERTY for the next generation to come.

    If RM 90 million are to use for building roads,schools,clinics,scholarship etc…..that would be a great honour to let go of the NCR lands.

    The only thing i can say is "VOTE FOR CHANGE" future is in your HAND.

  • BENatang10

    Robert and AK are definitely not the Richest Men in Malaysia!

    Apa mau cakap-cakap nyanyuk lagi Maha Tun???

  • Taikohtai

    Western democracies are also big hypocrites. They welcome blood money from the third world so long as the investors don't break their local laws. Even if they do, they can easily get off the charges by pleading 'no speakie England!' and the judges and governments are such pushovers when dealing with the super rich.

    Assange, I salute you!

    • junaidah

      why mention the foreigners, they can do all sorts of shit to their country, we are talking about Sarawak, the country of our birth, and if this is a democracy we have the right to question our leaders – at the end of the day when Sarawak is finished being plundered by the mahmud family and their cronies, it will be too late to do something. People who supports the status quo are also abetting the blatant wholesale corruption of the Sarawak. Don't waste your energy talking about other countries, agitate for change right under your nose. Shalom

  • 88

    yA CORRECT, the natives kept on

    voting them into parliament election after election.

    Why ?? Maybe charmed his bomoh :(

  • SadReality

    Sigh, It gets disheartening after awhile, plus the shock value is not there anymore. sad to say but as a follower of sarawak report, i'm starting to feel desensitize by more and more exposes. On another note, heard Taib is not afraid of the repercussions of this form of media. What really needs to happen is if there is someone brave enough to contest in his area and most of other PBB sector and make them sweat it out!! they need to lose majority seats!!

    • Malaysian

      Yes, despite the many reports and exposure of Taib's corruption and abuses, no action is taken against him or his cronies by the authorities.

      And the Western governments prefer to play DUMB, BLIND & DEAF despite all these ill-gotten wealth is in their soil.

      And that is the sad reality …..

  • http://none Watch Dog

    WOW,WHERE DOES THE MONEY COME FROM? WELL HE IS THE THIEF MINISTER'S BROTHER SO HE IS DAMNED BLOODY LUCKY.BOUGHT WITH WHOSE MONEY?? SARAWAKIAN OF COURSE.

    NOW HE PRETENDS THAT HE IS NOT IN GOOD TERMS WITH HIS BROTHER. MAYBE HE IS THE MAN BEHIND FINANCING SNAP. THIS IS ONLY A 'SANDIWARA' LIKE TUN RAHMAN IN THE GOOD OLD DAYS AND NOT ONE ANALYSE THE SITUATION POLITICALLY.

    WHATEVER FAMILY FEUD ARE ALL NOT TRUE AS BLOOD IS THICKER THAN WATER.DON'T BE FOOLED BY THE FOOL FELLOW SARAWAKIAN.WAKE UP NOW..IT IS HIGH TIME THAT WE ALL REALISED THIS POLITICAL GAIN

  • http://none Skuh Babeh Rahun say

    WHERE DID ONN MAHMUD GET ALL THOSE MILLIONS TO BUY SUCH AN EXPENSIVE PROPERTY? WHERE? WHAT BUSINESS DOES HE DO? DIAMOND,GOLD OR WAITING FOR HIS THIEF MINISTER'S BROTHER TO GIVE HIM NCR LAND FOR HIM TO SELL THE TIMBERS AND THEN THE LAND? DOUBLE INCOME?

    CAN YOU INCOME TAX PLEASE INVESTIGATE FOR TAX EVASION?

    CAN THE AUTHORITY INVESTIGATE FOR MONEY LAUNDERING?

    ( SOURCE OF FUND OR FUNDS ORIGIN)

    WHERE ARE THE AUTHORITIES,MAKAN GAJI BUTA KAH???

    EVERYONE KNOWS BUT SCARED,SCARED OF ONE MAN AND ALSO LOSING THEIR JOB.

  • kemiding

    I think Pek Mo is the richest man in the world…also the most evil human ever lived in Sarawakian history…!!!

  • Rage Againt The Mach

    bangkai

  • Iban in OZ

    Yeah mr hot isn't hot at all. Just ignore his nonsensical gibberish

  • KARMA BELIEVER

    i can see the bad karma is coming to teach those who cheat the rakyat .THE CANCER IS ABOUT TO SPREAD.MAY GOD FORGIVE YOU THIEVES.

  • loke

    Come on Sarawak people, kick this blood sucker animals family who cheat your land out of the sarawak. Just do it.

  • Passer by

    If you read the legal report, you will note that Mahmud owns 26 Carrara Road which is a spectacular property in Sydney.

    According to this weblink (http://www.manta.com/ic/mvm4b3d/au/the-coronade-hotel-pty-ltd), "26 Carrara Rd" is also the address to Coronade Hotel Pty Ltd which could possibly be linked to the Coronade Hotel, a 225 room luxury hotel in the prime Bukit Bintang area.

    Halimatun Abdul Ghani, Mahmud's wife, is listed on the same website as being a Director of this company.

  • leman

    the new branded of so called mubarrack n the new gadaffi….or just like ben ali of tunisia……

    u all sarawakian……..kick him away thru incoming this GE soon……

    u all h've been cheated year by year……..just bring it…….

  • http://www.sarawakreport.org pengayau tau serang

    Bala Tuai Rumah & Pengulu sitak menoa Machan anang baka jelu chapi diacuk idung!!!!Aram kitai ngelaban perintah Buban@Taib&co ti ngerampas tanah (NCR)diperimba aki-ini kitai kelia."Change KM Sarawak").Bala menyadi aku kaban belayan di kanowit sokong meh pengari kitai iban ti ngelaban adat kanun tanah(NCR)diseleweng olih Buban&co.Aku ukai ka ngelaban perintah BN tang perintah KM Sarawak ti ngerampas tanah temuda,tanah pemakai menoa & tanah pulau Galau bansa kitai IBAN. Agi idup Agi Ngelaban. Nama berita YB.Geramong??Aku ninga nuan enda olih tindok-jenak!Laban uncle aku ianya Mr.Augustine Liom deka nyatup nuan di Machan…Be cool..YB.Udah 10 taun nyadi menteri muda..tak akan tak ada apa2 kot! Aram "SWING"ngagai SARAWAK BARU.

  • matrock

    BN will win again – no hope unfortunately. Stupid Sarawakians will vote again for BN – the town folks like Kuching and Sibu will still go DAP but cowards like Miri still vote BN. and the smaller constituencies have no idea what is going on. Sad sad story. What to do!

    • http://none Watch Dog

      matrock..another stupid fool from BN's crony. Who are you branding Sarawakian as stupid? Just another TM's crony to ridicule us.

      This useless matrock is another one having a peabrain

      • ajui

        halo bro watch dog… since we cannot criticized those who vote for this TM into office; what you suggest we in sarawak do other than voting him out?

        • http://none Watch Dog

          We seek international financial community for help to freeze TM's assets in various locations.

          We must get back what are ours.The mere title TUN is NOT a ticket to immunity,we ignore that as we have to get what belong to Sarawakians.

          We have to unite and put our heads together and probe all his cronies especially his 'PENDATANG HARAM' BOMOH from Indonesia as to how he got his citizenship and allow to operate SHELL service station at our expense. Why was he given land,shares and others.

          We have to check their income tax return for tax evasion,Money Laundering and abuse of power.Besides that also check on the violent parts and why father and son was bashed up and left to die.We have our own justice,transfer the judges and recruit new ones.Change the MACC Director and put local people to head the Dept and also Income tax Director.

          Retrain the income tax people and MACC staff,to work without FEAR or FAVOUR.There are many things to do,fair distribution of racial composition in Government dept,Corporation,Agencies and SGLC(State Government Link Companies).No more clowns and dead wood.

  • Iban in OZ

    Check this out. How true is it? If anyone has more info please share it here. http://www.malaysiakini.com/news/158983

  • Wong Ha Yung

    haiz…. now what? civil war izzit? hvnt start fight wif White fur now fight within ourselves? niama~

  • najibrazak

    Like father like son. No one clean in all this family.

    • http://none Watch Dog

      CLAIM MINYAK DI BANK ISRAEL, SINGAPORE.

      VISIT THE WEBSITE.
      http://www.topix.com/forum/world/brunei/TNQOL2CGQ

      YOU WILL BE AMAZED TO SEE THE NAMES OF THE CLOWNS RECEIVING THE OIL MONEY PAYMENT.

      I ALMOST CRIED TO SEE WHEN SARAWAK OIL MONEY GOES TO THESE CLOWNS.

  • Saba

    Malaysians always let thieves and conmen to become their leaders in government. Suckers are born everyday in Sarawak.

  • chan

    dadik..paloi..pam..nama hal kak gago hidup owg lain..

    luu smua bodo..nama hal nyalah taib jak..baka taib jak kh..tidak fikir..

    sapa tidak mau kaya..lu smua mau kaya..

    pa guna hak bumiputera..dik dpt ambil mana2 harta slagi hak bumiputera..

    dalam top 10 kaya bisi owg kita kaya kh??

    jaku jak nemu…nolong bala dipun pun kedekut..

  • Adil

    How does these news circulate to voters in Sarawak? Since internet should be not widely available in most rural areas. Do they have printed copies of these reports and do they get updates?

    Spread it to all tribes' leaders to start with?

    Someone should start looking into other ex- and current prominent government figures too! Then, we could have hard-core evidence against them and reduce the chances of them hiding their transactions after knowing Taib is exposed.

  • tun mahathir

    same thing happened in peninsular…..all malaysians should vote for change or go down roads and streets after BN once again elected as an 'ELECTED GOVERMENT'……….

  • Every Vote Counts

    http://daftarj.spr.gov.my/daftarj/daftarbi.aspx
    “The hottest place in Hell is reserved for those who remain neutral in times of moral crisis.”

    CHECKING ELECTORAL ROLL

    REMEMBER to get more people to vote for PR.

    Every Vote Counts.

    Its NOW or NEVER.

    CHANGE NOW.

    Vote for A BETTER Malaysia for ALL Malaysians

  • peninsular man

    Hot very hot and spicy…

    So sad when saw the NCR land. Ayuh pribumi, take back your hak.

    I support all of you…from Peninsular Malaysia. Give chance to your next generation not Taib Mahmud & Family generation. Change the vote young people…come on!

  • pulungan

    sad to see this vampire ber'maharajalela' for more than 3 decades..eventhough there were millions proof of his wrongdoing, he can still escape and enjoy living on this earth..wat a sucker!!

  • sarawakian native

    i want sarawakian and only sarawakian to spearhead sarawak..and the most important thing is the 18 agreement for formation of malaysia!u have my vote if u dare to fulfill it!

  • Kambing Batu

    All have said their esteem views. It's not how smart your words have shared views. It's just a matter how Smart your mind work the thought to gun down to walk the talk. If that you all can't just handle " just shut-up". Looking foolish does not meant one is really so But, saying by not doing made you a real fool of your image.

  • brojan

    you all baru tahu ke…so dah sampai masa ubah kerajaan….jadi la macam kedah, selangor dan p.pinang….semua rakyat celik politik…cerdik2 semua…ini negara demokrasi….kita ubah dulu..tgk macam mana pakatan memerintah ….

  • Anak Bidayuh

    Skuh Babeh Rahun and Watch Dog,

    Don't be mad with HOT because he is right. Whatever happen to Sarawak is entirely our faults. We have to do our part as individual as well as help others to understand the current situation. For us who are educated dayak can help to tell others who are not educated on the real problem we are facing. If all of us educated dayak can educates those folks in kampung and exposed them the corrupted CM with all the information we have, then with God's will we can changed the government and put those corrupted minister and their cronies in jail.