Archive for April 30th, 2015

10 things 1MDB should disclose

By P Gunasegaram
Malaysiakini
Apr 29, 2015

QUESTION TIME Perhaps, just perhaps, 1Malaysia Development Bhd or 1MDB does not understand what it needs to do to convince the public all is well with it. To help it along, here are 10 things that we feel our national self-styled strategic development company can do to soothe frazzled nerves and convince us Malaysians our money is safe.

CIMB Group chairperson and the prime minister’s brother Nazir Razak is not the only one who has been urging 1MDB towards greater disclosure, but he does make some pertinent points.

“I have no solution to it (IMDB) but I think we probably should know – disclose what needs to be disclosed in order for people to have a full picture and allay their worst fears.

“I just said it’s something that’s there, everyone is concerned about it, so you need to allay concerns. Put concerns to rest, that is all,” he told a press conference recently. Read the rest of this entry »

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The focus of 14GE will be on eight states, led by Johor, as to whether state power and government could change hands

The focus of the 14GE will not only be on Putrajaya, as to whether Federal power could change hands, but also on eight states led by Johor, as to whether state power and government could change hands.

These are Johor, Kelantan, Pahang, Melaka, Negri Sembilan, Terengganu, Kedah, and Perak.

The UMNO/Barisan Nasional Federal Government is a minority government, securing the support of only 47% of the national electorate.

Based on the 13GE results, there are eight states where the political party/coalition forming the State Government has secured 55% or less of the total state votes cast and are vulnerable to change of state government in a general election. Read the rest of this entry »

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