By Martin Jalleh

· “The present PM has made some helpful gestures towards liberalising the economy…These initiatives, however, must do more than skim the surface of what must be done. (7 January 2010)
· “Malaysia is a sham democracy, one which existed only in name but grievously compromised in substance, reality and fact… Reforms could not be expected from the incumbents in power.” (8 February 2010)
· “Our economy has stagnated. Productivity remains low. We now lag our regional competitors in the quality of our people, when we were once leaders in the developing world.” (23 March 2010)
~ Tengku Razaleigh, former Finance Minister and veteran leader of Umno

Below is a glance at the sad and scandalous scenario of how the country’s once strong economy has fallen sick with the government putting up a big show (performance now!) of economic reforms in 2010 – full of sound and fury signifying nothing.

1. Flight in capital
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