Archive for category Najib Razak
There is now a new creature in the world – the “Barisan Nasional consensus on consensus” on Hadi’s hudud bill.
This new creature of “Barisan Nasional consensus on consensus” was born out of the betrayal of long-cherished principles and political positions adopted by Barisan Nasional leaders and component parties for over four decades, and its first appearance was announced to the world by the MCA President and Transport Minister, Datuk Seri Liow Tiong Lai in Sungai Besar last night.
Liow told the press in his Sungai Besar by-election campaign trail in Sekinchan that the Prime Minister, Datuk Seri Najib Razak had given “positive” signals over the Barisan Nasional row in the past two weeks over Hadi’s hudud bill which was fast-tracked to leap over all official government business on the last day of Parliament on May 26 by way of a Ministerial motion which was moved by the Minister in the Prime Minister’s Department, Datuk Seri Azalina Othman Said.
Liow told the press that he had met the Prime Minister over Hadi’s hudud bill and conveyed the MCA’s view that the Barisan Nasional spirit and consensus must be respected and the Prime Minister had given “a positive response”.
The Gerakan President, Datuk Mah Siew Keong, confirmed Liow’s statement, saying that a Cabinet meeting today resolved that the Barisan Nasional leadership will discuss and reach a “consensus” on Hadi’s hudud bill.
Mah revealed that in the meeting with Najib and Deputy Prime Minister Datuk Seri Zahid Hamidi over Hadi’s hudud bill, it was agreed that there will be a discussion among Barisan Nasional leadership and a consensus decision will be made in accordance with BN spirit. Read the rest of this entry »
By WILLIAM PESEK
June 8, 2016
Goldman Sachs finds itself ensnared in the 1MDB scandal which threatens to squeeze the nation’s credit rating.
Goldman Sachs is sharing its giant vampire squid with Najib Razak’s government in Malaysia.
The investment colossus has found itself at the scene of many a scandal – a financial Forrest Gump, if you will. From U.S. Treasury bidding probes to Greece’s debt crisis to the subprime meltdown, Goldman’s bankers were there reaping fortunes behind the scenes. In a 2009 Rolling Stone piece, Matt Tiabbi famously branded it “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”
Make that Malaysia, too. As the Wall Street Journal reports, U.S. officials are probing whether Goldman broke the law by not alerting authorities about dodgy dealings at state investment fund 1Malaysia Development Bhd.
It’s the latest reminder of how Prime Minister Najib’s 1MDB mess is wrapping its tentacles around an entire nation. The unpredictable ways in which it threatens to drag Southeast Asia’s third-biggest economy under, like some massive vampire squid, can be seen in Putrajaya’s balance sheet. Could it even lead to a credit downgrade? Read the rest of this entry »
I am surprised by the attacks on the DAP launched by the PAS President, Datuk Seri Hadi Awang since the run-up to the Kuala Kangsar and Sungai Besar parliamentary by-elections, as if Hadi’s political caliber and leadership have to be judged by the intensity of his attacks on the DAP, regardless of their truth or falsity.
PAS led by Hadi is more and more like UMNO, sometimes even out-UMNO UMNO, and I can hardly recognize the “open-minded” PAS of Tok Guru Datuk Seri Nik Aziz Nik Mat, who was Kelantan Mentri Besar for 23 years or the PAS of the previous PAS Presidents Fadzil Nor and Yusuf Rawa for some two decades before Hadi’s presidency.
Hadi had talked about being the adviser to UMNO and Najib, but sometimes I wonder whether it is Najib who is actually advising Hadi!
Recently, there had been a few instances of PAS under Hadi which is more and more like UMNO, sometimes even out-UMNO UMNO.
PAS had accused UMNO of communalism in advocating “ketuanan Melayu” but it has now followed the UMNO footsteps as illustrated by the PAS adoption of Malay warrior garb and other traditional Malay attire and customs at the recent PAS Muktamar – which even caused an UMNO Minister, Datuk Seri Nazri Aziz to observe sardonically that UMNO’s formula had proved to be so successful that PAS was mimicking them.
But this was not the extent of PAS mimicry of UMNO – when Hadi wielded a long keris at the PAS Muktamar, longer than the short keris that Datuk Seri Hishammuddin Hussein had wielded three times at the UMNO Youth General Assembly when he was UMNO Youth Leader, with such awful consequences for plural Malaysia!
Even former Prime Minister, Tun Mahathir was moved to chide PAS for trying to be more nationalist than UMNO – as if the longer the keris, the more nationalist the party, using the length of the keris to measure nationalism!
Read the rest of this entry »
Call on Chinese Chambers of Commerce, Chinese Assembly Halls, Chinese Guilds and Association to ask MCA and Gerakan to requisition emergency meeting of BN Supreme Council meeting before June 18 to resolve controversy over Hadi’s hudud bill instead of falling into MCA/Gerakan trap of postponing resolution until end of the year
MCA and Gerakan have been calling on Chinese Chambers of Commerce, Chinese Assembly Halls, Chinese Guilds and Associations to oppose Hadi’s hudud bill in Parliament at the end of the year.
This is a very subtle and sophisticated trap which Chinese Chambers of Commerce, Chinese Assembly Halls, Chinese Guilds and Associations should be vigilant and not fall into, as it would allow MCA and Gerakan Ministers and leaders to have the best of both worlds – “to have the cake and eat it”!
I call on Chinese Chambers of Commerce, Chinese Assembly Halls, Chinese Guilds and Association in Malaysia to ask MCA and Gerakan Ministers and leaders to requisition an emergency meeting of BN Supreme Council meeting before the two by-elections in Sungai Besar and Kuala Kangsar on June 18 to resolve the controversy over Hadi’s hudud bill instead of falling into MCA/Gerakan trap of postponing resolution until end of the year.
The threats by MCA and Gerakan Ministers that they will resign from Cabinet if Hadi’s hudud bill is passed in Parliament at the end of the year is now empty and meaningless as the Minister in the Prime Minister’s Department, Datuk Seri Azalina Othman Said has revealed that it was the Prime Minister, Datuk Seri Najib Razak and the Deputy Prime Minister, Datuk Zahid Hamidi who gave her the order to move the Ministerial motion in Parliament on May 26 to fast-track Hadi’s hudud bill.
The persons the MCA and Gerakan Ministers should confront are Najib and Zahid and no more Azalina. Read the rest of this entry »
Now I understand why Liow and Mah dare not accept my advice that they requisition an emergency meeting of BN Supreme Council to reaffirm BN policy opposing Hadi’s hudud bill
Now I understand why the MCA President Liow Tiong Lai and the Gerakan President Mah Siew Keong dare not accept my advice, made freely and publicly over a half dozen times since May 26, that MCA and Gerakan should requisition an emergency meeting of Barisan Nasional Supreme Council to resolve once-and-for-all the Barisan Nasional spat caused by the Minister in the Prime Minister’s Department, Datuk Azalina Said Othman for her Ministerial motion in Parliament on May 26 to fast-track Hadi’s hudud bill.
Liow and Mah’s reluctance had been all the more astounding as such a Barisan Nasional Supreme Council emergency meeting would be able to reaffirm the Barisan Nasional policy opposing Hadi’s hudud bill as it was the unanimous consensus of all the Barisan Nasional leaders on this issue in March 2015 which was reiterated in the Cabinet meeting of May 20, 2016.
Clearly, Liow and the other two MCA Ministers have not learnt from the lesson of MCA’s 2013 General Election debacle which reduced MCA from the second biggest Barisan Nasional party to a puny “7/11 party” (as compared to winning 28 MPs and 68 SAs in 1999 GE) – because MCA Ministers and leaders make fierce and ferocious statements and even threats all over the coutnry but behave like mice in Cabinet and Barisan Nasional Supreme Council meetings.
Hadi’s hudud bill is a classic case study of the cowardice, hypocrisy and opportunism of MCA Ministers and leaders. Read the rest of this entry »
Sungai Besar is the third most marginal and unsafe UMNO seat won in the 13GE and a miraculous Amanah victory in the Sungai Besar by-election will send out four messages affecting the political future of Malaysia
I was drinking coffee at the AMG Cafe opposite just now, and suddenly, I got to thinking what I was doing in Sekinchan after 50 years in Malaysian politics, fighting a by-election which everybody says will be won by the UMNO/BN candidate – and even the MCA President, Datuk Seri Liow Tiong Lai is boasting about a “flow-back” of support of Chinese voters for UMNO/Barisan Nasional in Sungai Besar and Peninsular Malaysia, just like what happened in the recent Sarawak state general election last month.
Am I wasting my time in Sekinchan and Sungai Besar and should I just call it a day after 50 years in politics? After all, I am not getting any younger – already past 75 years old!
It will be very difficult and uphill battle – in fact a political “miracle” – for the Amanah and Pakatan Harapan candidate, Azhar Shukor, to win in the Sungai Besar by-election on June 18, and among the reasons are:
1. Sungai Besar parliamentary seat had always been an UMNO/BN stronghold, and UMNO/BN candidates had never lost in a parliamentary contest in this area for the past six decades since Merdeka in 1957.
2. Even at the height of the Opposition power in the 2013 General Election in May 2013, when there was Pakatan Rakyat, UMNO/BN won the Sungai Besar parliamentary seat although by a wafer-thin majority of 399 votes.
3. Now, Pakatan Rakyat (PR) is no more – thanks to the refusal by the PAS President, Datuk Seri Hadi Awang to be true and faithful to the Pakatan Rakyat Common Policy Framework agreed by the three component parties of PR, DAP, PKR and PAS and his unilateral insistence to push for the implementation of hudud law.
4. Although a new opposition coalition, Pakatan Harapan (PH) had been formed to replace PR with the establishment of Parti Amanah Negara, AMANAH is the youngest political party in the country started less than nine months ago. Both Pakatan Harapan and AMANAH are untested political entities in Malaysia. Could they do better than PAS and PR in the 2013 General Election?
5. Although the Opposition candidate who lost by a wafer-thin majority of 399 votes in Sungai Besar in the 13th General Election came from PAS, the 18,296 votes secured by the PAS candidate or 48.6% of the votes cast against the 18,695 votes won by the UMNO candidate, the 13th General Election score was the highest ever achieved by PAS candidates who had been contesting in the area in past elections because in the 2013 General Election, the PAS candidate was standing as a Pakatan Rakyat candidate with support from DAP and PKR as well. Read the rest of this entry »
Call on Najib to personally stop the government harassment and persecution of cartoonist Fahmi Reza over his clown-faced Najib drawings or institute civil suit against him
The Prime Minister, Datuk Seri Najib Razak, cannot pretend continued ignorance about the police and government harassment and persecution of cartoonist Fahmi Reza over his clown-faced Najib drawings.
Fahmi was released this morning after being detained yesterday at Publika in Kuala Lumpur for selling T-shirts featuring a clown-faced Prime Minister Najib Razak.
What should concern Najib and his coterie of advisers is why there is a market for Fahmi’s clown-faced Najib drawings, whether T-shirts or other products, instead of harassing and persecuting Fahmi – which is no different from shooting the messenger instead of addressing the message.
Would there be a market for clown-faced Prime Minister Tunku Abdul Rahman, clown-faced Tun Razak, clown-faced Tun Hussein Onn, clown-faced Tun Mahathir or clown-faced Tun Abdullah.
It would be more beneficial for Najib and his coterie of political advisers to ponder these questions than be so trigger-happy as to invoke the law to abuse and misuse powers to harass and persecute Fahmi. Read the rest of this entry »
Call on Sungai Besar and Kuala Kangsar voters to speak and vote on behalf of all Malaysians to demand Najib give full and satisfactory accounting for his RM55 billion 1MDB and RM4.2 billion “donation” twin global scandals or to step down as Prime Minister of Malaysia
The Sungai Besar and Kuala Kangsar voters should speak and vote on behalf of all Malaysians in the two by-elections on June 18 to demand that the Prime Minister, Datuk Seri Najib Razak give full and satisfactory accounting for his RM55 billion 1MDB and RM4.2 billion “donation” twin global scandals or step down as Prime Minister of Malaysia.
In both by-elections, the battle is between the Amanah and Barisan Nasional candidates as far as the 1MDB and “donation” twin global scandals are concerned, as the two topmost PAS leaders have not only become the “advisors” but the “defenders” of Najib in these two mega scandals!
I do not know whether Najib deserves the credit as he has achieved world-class notice for Malaysia which none of the five previous Prime Ministers, including his father Tun Razak, had ever done in five decades – international notoriety as one of world’s top countries infamous for global corruption.
Wherever one goes in the world, Malaysia is now equated with the notorious and infamous RM55 billion 1MDB and RM4.2 billion donation scandals – which have been described by the international financial news agency, Bloomberg, as one of the “world’s biggest financial scandals”.
Everybody knows that the RM55 billion 1MDB scandal is huge, but how huge is it? Read the rest of this entry »
After resignation of Mustapha Kamil as NST group editor over 1MDB global scandal, who is the next journalist of mainstream media who will take a stand for integrity, truth, transparency and good governance?
After the resignation of Mustapha Kamil as New Straits Times group editor over the 1MDB global scandal at the end of last month, who is the next journalist of the mainstream media, whether print or electronic, who will take a stand for integrity, truth, transparency and good governance?
In his Facebook posting on May 31, Mustapha said he had received numerous private messages enquiring why he opted to leave New Straits Times early, and he related “the final moments” before he tendered my resignation “from a place I had until then treated as my second home”.
“On the morning of April 25th I walked into the CEO’s room with my resignation letter in hand. We sat and talked about my wish for a good one hour where naturally, the CEO enquired why I had wanted to do so.
“The CEO is a chartered accountant, a man who took his job very seriously, one who is adept with numbers and besides heading the company, someone whom I also considered a friend…
“There were two things I related to him that morning. First, just as he, a chartered accountant, would not hesitate to qualify a set of flawed accounts, signing each of them not only by his name, but also by the ethics enshrined within the professional body in which he was a member, I too take journalism ethics seriously.
“In my line of work, there is this element called the ‘truth discipline’. It is one that requires a journalist to be correct, right from the spelling of names of persons or places, to all the reports he must file. His responsibility is first to the truth, by which he must then guide society in navigating the path they had chosen.
“Second, I told him that I had weighed the situation for as long as I could but when an American newspaper, headquartered somewhere in Lower Manhattan in New York, wrote a story that got nominated for the coveted Pullitzer Prize, about an issue that happened right under my nose, I began to seriously search my conscience and asked myself why was I in journalism in the first place. Read the rest of this entry »
Call on Chinese Chamber of Commerce, Chinese Assembly Hall and Federation of Chinese Guilds and Associations to put pressure on MCA Ministers to explain why they dare not requisition an emergency BN Supreme Council meeting to end “once and for all” the problem caused by Azalina’s Ministerial motion in Parliament to fast-track Hadi’s hudud bill?
The response of the MCA leadership to my challenge whether MCA had learnt from the lesson of its 201 3 General Election debacle which reduced MCA from the second biggest Barisan Nasional party to a puny “7/11 party” (as compared to winning 28 MPs and 68 SAs in 1999 GE) is so predictable and characteristic that it could have been guessed in advance:
“All three MCA Ministers run for cover from the challenge, avoiding any response as the facts used are undeniable and incontrovertible – that at most only some 30 per cent of MCA’s million-strong card-carrying members voted for the MCA candidates in the 13th general election on May 5, 2013, as even the ordinary MCA members have lost confidence in the sincerity and trustworthiness of MCA Ministers and leaders. The task of responding to the challenge that the MCA leadership should requisition an emergency Barisan Nasional Supreme Council meeting to resolve one-and-for-all the problem caused by Azalina’s Ministerial motion in Parliament to fast-track Hadi’s hudud bill left to low-level MCA officials, who could make ferocious and even extreme statements which MCA Ministers and leaders can claim ignorance.”
This is exactly what happened in the past 24 hours – thunderous silence from the three MCA Ministers but ferocious and even irrelevant outbursts by some inferior MCA underlings, which can be completely ignored as even MCA Ministers dare not endorse them. Read the rest of this entry »
MCA has not learnt the lesson of the 2013GE debacle which reduced it from second biggest BN party to a puny 7/11 party – MCA Ministers saying one thing outside but doing the very opposite inside Cabinet!
It is very clear that the MCA leadership has not learnt the lesson of its 2013 General Election electoral debacle which reduced the MCA from the second biggest Barisan Nasional party to a puny “7/11 party” – MCA Ministers saying one thing outside but doing the very opposite inside the Cabinet.
Just go back to the 1999 General Election – when MCA won 29 Parliamentary seats which is more than the total number of 28 Barisan Nasional parliamentary seats from Sarawak and the 2013 General Election where MCA won a miserable seven parliamentary seats, edged out as the second largest BN party with MPs by PBB which had 14 MPs and only one seat more than PRS which won six Parliamentary seats!
In 1999 GE, MCA had more MPs than all Sarawak BN parties combined, but in the 2013 GE, Sarawak BN MPs is more than three-and-a-half times that of MCA, with Sarawak BN MPs number 25 compared to MCA’s 7.
MCA President Datuk Seri Liow Tiong Lai recently revealed that MCA had over a million members, when maverick columnist Ridhuan Tee Abdullah announced that he was quitting as a MCA life member.
This would mean that only some 30 per cent MCA members had voted for MCA candidates in the 2013 GE. The total number of votes polled by MCA parliamentary candidates in the 2013 GE came to 867,851. Assuming that some two-thirds of these votes are UMNO votes, this would mean that MCA had only 280,000 to 300,000 MCA members voting for MCA candidates – which is 30 per cent or even less of the total MCA membership. Read the rest of this entry »
Jeevan Vasagar in Singapore
June 2, 2016
Ethnic Chinese ministers have threatened to quit the Malaysian government if a bill giving Islamic courts powers to impose tougher penalties is passed into law.
Critics of Najib Razak, the prime minister, say the bill is an attempt to distract attention from the 1MDB state investment fund scandal ahead of by-elections this month and a general election that must be held by 2018.
The bill, proposed by the Islamist opposition but fast-tracked last week by a government minister, will be debated in parliament in October. It comes at a time of concern over rising intolerance in Southeast Asia, a region once regarded as a model of religious coexistence. Read the rest of this entry »
Najib’s denial syndrome worst of all six Malaysian Prime Ministers when he could regard Singapore and Swiss crackdowns on multibillion ringgit 1MDB embezzlement, money-laundering and corruption as “a problem of noise”
Prime Minister Datuk Seri Najib Razak’s denial syndrome is the worst of all six Malaysian Prime Ministers when he could regard Singapore and Swiss crackdown on multibillion ringgit 1MDB embezzlement, money-laundering and corruption as “a problem of noise”.
Replying to a question on what his government was doing to re-establish the trust of investors at a panel discussion at a World Economic Forum meeting in Kuala Lumpur yesterday, Najib said the overall trajectory for Malaysia and the rest of Southeast Asia was positive, and he pointed to the long-term trend of rising foreign investment in his country as an expression of confidence.
He said: “The problem is a problem of perception, the problem is a problem of noise. The noise level is rather high, I admit it. But it belies the strong fundamentals and commitment [of] the Malaysian government to continued reforms.”
The Prime Minister cannot be more wrong, and he must be told in no uncertain terms that his premiership is now a liability and no more an asset to foreign investors weighing their options about their investments in Malaysia – unless he can come clean on the various financial and mismanagement scandals haunting and hounding the country for over a year. Read the rest of this entry »
48-hour ultimatum to Liew and Mah to requisition for emergency BN Supreme Council meeting to resolve week-long spat over Azalina’s Ministerial motion in Parliament to fast-track Hadi’s bill or Malaysians have to conclude that the MCA and Gerakan Presidents were privy to Najib-Hadi plot
I am giving the MCA President Datuk Seri Liow Tiong Lai and the Gerakan President Datuk Seri Mah Siew Keong a 48-hour ultimatum to requisition for an emergency Barisan Nasional Supreme Council meeting to resolve the week-long spat caused by the Minister in the Prime Minister’s Department, Datuk Azalina Said Othman for her Ministerial motion in Parliament last Thursday to fast-track the Hadi’s Hudud Bill or Malaysians have to conclude that both the MCA and Gerakan Presidents were privy to the Najib-Hadi plot.
There can be no other reason for Liow or Mak not to requisition for an emergency BN Supreme Council meeting to resolve the BN spat over Azalina’s Ministerial motion, when Azalina had acted in violation of the consensus reached by all Barisan Nasional leaders on the same issue in March 2015 as well as the reaffirmation by Cabinet at its meeting on 20th May 2015 of a fundamental Barisan Nasional stand, whether through formal or informal discussion by Cabinet Ministers.
Furthermore, a BN Supreme Council meeting emergency meeting to reaffirm the Barisan Nasional stand not only of the BN leaders in March 15 last year, but of all UMNO Prime Ministers in Malaysia since Merdeka on the secular basis of the Malaysian Constitution, would have ended the BN spat on the Hadi bill without creating any artificial national crisis in polarizing Malaysians into Muslims and non-Muslims and distract the country from the real national issues in the country – whether Malaysia’s social and economic crisis over the nation’s first global financial crisis like the RM55 billion 1MDB and Najib’s RM4.2 billion “donation” twin mega crisis, losing economic competitiveness, fall in educational excellence in our educational institutions or growing economic inequality and injustices in the country.
If the agenda is not to resolve the Barisan Nasional spat over Azalina’s Ministerial motion but to allow the artificial national crisis over Hadi’s hudud bill to fester and ferment in particular during the Sungai Besar and Kuala Kangsar by-elections, seeking in the process to make hudud the main issue in the two by-elections, then I can understand Liow and Mak’s refusal to requisition an emergency meeting of Barisan Nasional Supreme Council to end the controversy. Read the rest of this entry »
If Liow and Mah do not know how to requisition for an emergency Barisan Nasional Supreme Council meeting to repudiate Azalina’s Ministerial motion in Parliament and uphold Barisan Nasional consensus of March 2015, I am prepared to show them how
I am most surprised that apart from making empty and meaningless threats of resigning as Ministers, both the MCA President Datuk Seri Liow Tiong Lai and the Gerakan President Datuk Seri Mak Siew Keong had done nothing to undo the unilateral and arbitrary Ministerial motion by Minister in the Prime Minister’s Department, Datuk Seri Azalina Said Othman to fast-track the Hadi hudud bill in Parliament last Thursday.
It is now almost a whole week since Azalina stood up in Parliament to fast-track Hadi’s hudud bill, and Liow and Mak should explain why none of them is requisitioning for an emergency Barisan Nasional Supreme Council meeting to uphold the consensus reached by all the Barisan Nasional leaders in March 2015 on this issue and to repudiate Azalina’s Ministerial motion as not representing the collective decision of the Barisan Nasional Cabinet?
Or is there an unwritten rule somewhere which is unknown outside the Barisan Nasional that forbids any Barisan Nasional component party from requisitioning for an emergency Barisan Nasional Supreme Council meeting to undo what happened in Parliament last Thursday?
In fact, I would believe that if Liow or Mah or both take the initiative to get the support of the other Barisan Nasional component parties, they should have no problem in getting three-quarters of the 14 BN component parties from supporting the requisition for an emergency meeting of the Barisan Nasional Supreme Council to undo Azalina’s unilateral and arbitrary Ministerial motion last Thursday.
So why are Liow and Mah impotent, unable to requisition for an emergency meeting of the Barisan Nasional Supreme Council? Read the rest of this entry »
A Colloquium on the RM55 billion 1MDB scandal should be held separately in Sungai Besar and Kuala Kangsar for Malaysians to understand how Malaysia had been catapulted to be among the world’s top nations notorious for global corruption
If Prime Minister, Datuk Seri Najib Razak is granted the proverbial “three wishes”, one of them will be to wish that the RM55 billion 1MDB global scandal which includes his RM4.2 billion “donation” scandal would be buried long and deep and would not continue to hound and haunt him almost on a daily basis.
There is hardly a day where there is no news on one aspect or other on the 1MDB scandal.
Yesterday for instance, there were at least three news items on the 1MDB scandal, starting early in the morning with the Bloomberg report that “1MDB scandal taking toll on Malaysian stock market as foreigners sell”, followed up by the Finance Ministry announcement of the replacement of the 1MDB Board of Directors to pave the way for the dissolution of the national sovereign fund and thirdly, the opening of the Official Secrets Act trial of the PKR MP for Pandan, Rafizi Ramli.
The triple items served as yesterday’s daily reminder to Malaysians that despite all Najib’s greatest efforts to sweep the issue under the carpet, the 1MDB scandal, which has catapulted Malaysia to the top of the world as one of the leading nations notorious for global corruption, will not go away – whether inside the country or in the world as illustrated by the recent world-wide crackdowns against IMDB embezzlement, money-laundering and corruption in Singapore and Switzerland. Read the rest of this entry »
Call on Najib to relinquish the portfolio as Finance Minister as one step to deal with the headwinds undermining Malaysia’s economy and competitiveness caused by the 1MDB scandal
The adverse impacts of RM55 billion 1MDB global scandal are beginning to bite on the country’s long-term competitiveness prospects.
The ebullient statement by the Minister for International Trade and Industry, Datuk Mustapha Mohamad that Malaysia maintained its top 20 position among 61 global economies in World Competiveness Year (WCY) 2016 cannot hide the fact that Malaysia’s WCY ranking is the worst in the seven-year premiership of Datuk Seri Najib Razak.
Malaysia’s WCY rankings in the past seven years under Najib’s premiership, falling from the 10th ranking in 2010 to the present 19th position, were: Read the rest of this entry »
31st May 2016
KUALA LUMPUR/SINGAPORE (BLOOMBERG) – One of the worst global financial scandals is taking its toll on the world’s longest bull market run.
Deepening concerns over 1Malaysia Development Bhd (1MDB), the embattled state investment fund at the center of probes from Switzerland to Singapore, has spurred the biggest outflow of foreign funds in eight months. Malaysia’s benchmark stock index has erased most of its gains after climbing to this year’s high in April.
The prolonged impact of 1MDB is prompting investors to seek out other markets in Southeast Asia, according to Baring Asset Management. Read the rest of this entry »
I am prepared to meet Liow Tiong Tai and find out whether it is true that Najib never told him in advance about Azalina’s Ministerial motion to give priority to Hadi’s private member bill in Parliament last Thursday
I am prepared to meet with MCA President and Transport Minister, Datuk Seri Liow Tiong Lai, to find out whether it is true that the Malaysian Prime Minister, Datuk Seri Najib Razak never told him beforehand about the Ministerial motion by the Datuk Seri Azalina Othman Said, the Minister in the Prime Minister’s Department in Parliament after lunch-break on Thursday to give priority to PAS President Datuk Seri Awang Hadi’s hudud private member’s bill motion.
However, if Najib had told him beforehand about Azalina’s Ministerial motion, Liow should explain what he had done to stop Azalina from proceeding with the Ministerial motion, which not only violated the Cabinet decision the previous week but also the consensus of the Barisan Nasional leadership in March last year.
Liow’s professed ignorance of Azalina’s Ministerial motion last Thursday is a great political mystery, as a day earlier on Wednesday, a Minister and head of a Barisan Nasional component party from Sabah had written an urgent letter to Najib expressing the opposition of the MPs of his party to any proposal to prioritise Hadi’s hudud private members’ bill motion. Read the rest of this entry »
Wong Chin Huat
Published 28 May 2016, 3:11 pm
To save BN’s non-Malay components from the embarrassment of letting Hadi’s Private Member’s Bill on syariah court’s criminal justification to complete its first reading, Prime Minister Najib Razak reportedly denied that bill was about hudud law.
“I would like to clarify that the amendment (bill) is not hudud law, it is just to enhance the punishment from six times (of the rotan) to a few times, depending on the offences,” he said.
He also said, “It also involves the syariah courts and only involves Muslims. It has nothing to do with non-Muslims.”
Najib could be right about the second point as this bill now seems to be governing offences involving only Muslims.
But is this not about hudud?
No hudud law, only hudud punishments and offences
There is no such thing as hudud law. Hudud refers to punishments and offences.
Read the rest of this entry »