Friday, 22 April 2016
Dr Mahathir tells foreign governments to make 1MDB probe public ! So ?
Razak critic urges 1MDB findings be publicised
The National staff
April 20, 2016 Updated: April 21, 2016 03:56 PM
A leading critic of Malaysia’s prime minister Najib Razak said corruption had reached levels never seen before in the country and urged foreign governments linked to the controversy surrounding a state investment fund to make their findings public.
1MDB, whose advisory board is chaired by Mr Razak, is under investigation in at least five countries including Switzerland and the US over allegations of money laundering and embezzlement.
Dr Mahathir Mohamad, at one time the country’s longest-serving prime minister, said the investigations into the 1MDB fund were not just a problem for Malaysia.
“Being diplomatic isn’t going to help Malaysia or anyone else," he said on the sidelines of the International Conference on Leadership, Innovation and Entrepreneurship organised by the Canadian University Dubai. “They must recognise action needs to be taken and do what is necessary."
Dr Mohamad, who was in his post between 1981 and 2003, said the scandal around the Malaysian fund threatened the Asian nation’s international reputation and hurt foreign direct investment.
“All inquiries should eventually be made public because inquiries that are kept secret are of no use to anyone," he said.
“Eventually things will have to be revealed."
Last week, Abu Dhabi’s International Petroleum Investment Company (Ipic) said neither itself nor its Aabar unit had any connection to a firm incorporated in the British Virgin Islands that was named in a report into the controversy surrounding the Malaysian fund.
In May 2015, Ipic had agreed to provide the Malaysian fund US$1 billion to meet some of its liabilities in exchange for assets while at the same time taking on interest payments on about $3.5bn in debt.
But the Abu Dhabi fund now says 1MDB is in default on the terms of the agreement. - The National
A leading critic of Malaysia’s prime minister Najib Razak said corruption had reached levels never seen before in the country and urged foreign governments linked to the controversy surrounding a state investment fund to make their findings public.
1MDB, whose advisory board is chaired by Mr Razak, is under investigation in at least five countries including Switzerland and the US over allegations of money laundering and embezzlement.
Dr Mahathir Mohamad, at one time the country’s longest-serving prime minister, said the investigations into the 1MDB fund were not just a problem for Malaysia.
“Being diplomatic isn’t going to help Malaysia or anyone else," he said on the sidelines of the International Conference on Leadership, Innovation and Entrepreneurship organised by the Canadian University Dubai. “They must recognise action needs to be taken and do what is necessary."
Dr Mohamad, who was in his post between 1981 and 2003, said the scandal around the Malaysian fund threatened the Asian nation’s international reputation and hurt foreign direct investment.
“All inquiries should eventually be made public because inquiries that are kept secret are of no use to anyone," he said.
“Eventually things will have to be revealed."
Last week, Abu Dhabi’s International Petroleum Investment Company (Ipic) said neither itself nor its Aabar unit had any connection to a firm incorporated in the British Virgin Islands that was named in a report into the controversy surrounding the Malaysian fund.
In May 2015, Ipic had agreed to provide the Malaysian fund US$1 billion to meet some of its liabilities in exchange for assets while at the same time taking on interest payments on about $3.5bn in debt.
But the Abu Dhabi fund now says 1MDB is in default on the terms of the agreement. - The National
I read the above news report more than
once, just to allay my concerns that there were pleas and demands for
foreign interference in the domestic affairs of Malaysia.
In fact I read it more than twice, but
there were none. The report is there for you to read and interpret but
I'm a little amused by the thinly veiled statement from a morally
bankrupt politician.
A cheap statement from a scandal ridden
politician who stands accused for a series of crimes in the court of
public opinion, but it reveals desperation.
For someone who has confessed to having
received billions of ringgit in personal donations from a foreigner, the
'foreign interference' cry is laughable.
Channelling billions of ringgit into your personal account from a foreign donor, who 'simply gave it and was not expecting anything in return', would make a good fairytale script. Thank you! We don't buy such bullshit.
Channelling billions of ringgit into your personal account from a foreign donor, who 'simply gave it and was not expecting anything in return', would make a good fairytale script. Thank you! We don't buy such bullshit.
Now, are we Malaysians not concerned about international criminal investigations on 1MDB relating to suspected money laundering and embezzlement ?
Billions of ringgit are missing and 1MDB's Arul Kanda Kandasamy says it could be fraud. What has 1MDB done to recover the lost billions if at all it was fraud?
Dear Prime Minister Datuk Seri Najib, it
has been said again and again that you must be responsible for the
failed, scandal ridden 1Malaysia Development Berhad - 1MDB. There are no
two ways about it. If it was indeed a scam, you allowed it.
Even if you are convinced that you have
been conned by Jho Low the Penang khia, you still have to stand up and
explain. How he did do it?
Don't run around because this is about a
sovereign nation whose interests and livelihood are being compromised
due to a host of reasons especially international humiliation for
corruption and mounting foreign debts.
This is not your family business.
This is not your family business.
The escalating cost of living in both rural and urban areas are at unhealthy levels.
"corruption had reached levels never seen before in the country and urged foreign governments linked to the controversy surrounding a state investment fund to make their findings public" - Dr Mahathir said in Dubai.
Dr Mahathir also urged foreign governments to make their investigations public. - "urged foreign governments linked to the controversy surrounding a state investment fund to make their findings public"
Asking investigators and investigating authorities to make their findings public is a crime?
We cannot tolerate false, unfounded allegations that are part of a conspiracy to topple a democratically elected government. Remember that. Truth matters.
Remember that asking the resignation of a sitting prime minister is not a crime. Otherwise how did Datuk Seri Abdullah Ahmad Badawi (now Tun) step aside to allow Datuk Seri Najib Tun Abdul Razak to take over?
We have a working moral compass in this country, I'm sure.
The prime minister must come clean. Begin with the money in the kitty.
Follow up by suing The Wall Street Journal for proof to restore Malaysia's badly bruised image and reputation.
You can follow in Nazir Razak's footsteps and step aside, if you are still able to do that. The window is almost shut. The choice is still yours.
Living in denial cannot go on forever.
As Dr Mahathir puts it, eventually things will have to be revealed.
Hope you would come to your senses fast and not be fooled by bootlickers who are hell bent on keeping you within the bubble, and continue destroying yourself in the pretext of fighting a political battle.
Crime is no politics.
“When people tell a lie about something, they have to make up a bunch of lies to go with the first one. ‘Mythomania’ is the word for it.” ― Haruki Murakami, Norwegian Wood
p/s
1MDB bukan cerita rekaan Tun Dr Mahathir Mohamad. Kenyataan hutang dan penggadaian tanah serta maruah dek kerana 1MDB terpampang didepan mata. Bukankah kita celik?
Orang lain kehadapan, kita terkangkang gali lubang. Hutang keliling pinggang.
Dubai a perfect example of visionary leadership
12 comments:
DESIDERATA: Desi is acting basically as a FACILITATOR to enable my ER to enjoy GOoD writings. To give credit where it's due, readers are advised to visit the ORIGINAL webblog i.e. apanama.my in this case, if they wish to make COMMENTS. As the Chinaman in Desi says: xie xie, TQ you! Terima kasi' bolih juga, 1% dari RM2.6billion cukup le! YL, Desi