Archive for July, 2015
Not just Low Yat Plaza but whole of Malaysia is a time bomb if race hatred, religious intolerance, breakdown of rule of law and collapse of good governance not resolved urgently
Posted by Kit in Crime, Malaysian Dream, nation building on Sunday, 19 July 2015
Utusan Malaysia today said Low Yat Plaza is a ticking “time bomb” waiting to explode.
I say it is not just Low Yat Plaza but the whole of Malaysia is a time bomb waiting to explode if race hatred, religious tolerance, breakdown of rule of law and the collapse of good governance are not resolved urgently.
I fully agree with former Prime Minister Tun Abdullah who yesterday expressed the hope that everyone would bury the hatchet to strengthen the relationship among the different races in the country.
This is why I had called for a Royal Commission of Truth and Reconciliation on the Low Yat Race Riots last Sunday to ensure that there would be no recurrence of a petty crime of theft of a mobile phone mushrooming into a race riot involving hundreds of people.
Malaysia cannot continue to adopt the “sweeping under the carpet” mentality, which was why there had been no Commission of Inquiry into the May 13, 1969 race riots to learn from the disasters of our history to ensure an united, peaceful and better future for all Malaysians. Read the rest of this entry »
Zahid owes Malaysians an explanation and apology for the canard that “several Malaysians” had directed Justo to tamper with the PSI emails and documents when it is not true
Posted by Kit in Financial Scandals, Najib Razak, Police, Zahid on Sunday, 19 July 2015
The Wall Street Journal (WSJ) report and allegation of July 3, 2015 that Malaysian government investigators have found US$700 million (RM2.6 billion) deposited into Prime Minister Datuk Seri Najib Razak’s personal bank accounts in AmBank in March 2013 just before the dissolution of Parliament and the holding of the 13th General Election was a stone that killed two birds – both a boon and a bane for the UMNO/BN coalition.
It was boon for the besieged MARA Chairman, Datuk Seri Annuar Musa, the Minister for Rural and Regional Development, Datuk Seri Salleh Apdal and to a lesser degree, the Prime Minister himself for it completely overshadowed the breaking story of the RM100 – 200 million MARA Inc property corruption in Melbourne.
Calls for the sacking of the MARA Chairman and Board of Directors for their gross negligence and irresponsibility over MARA Inc’s property corruption scandal in Australia were completely drowned by the tidal waves created by the WSJ report. (Has Annuar, whose tenure as MARA Chairman ended yesterday, been rewarded with re-appointment as MARA Chairman?)
But it was more of a bane for the powers-that-be in the UMNO/BN coalition for it virtually killed the painstakingly-orchestrated campaign to turn the tables after some five years of being under attack on the 1MDB scandal and to go on the offensive by fully exploiting the arrest in Thailand of the Swiss national and former IT executive of PetroSaudi International (PSI), Xavier Andre Justo on June 22. Read the rest of this entry »
GHB vs PAS: Antara akhlak dan perjuangan
Posted by Kit in PAS, Political Islam on Sunday, 19 July 2015
– Al Amin Mohamed Sultan
The Malaysian Insider
18 July 2015
Gerakan Harapan Baru (GHB) adalah satu pasukan yang sedang bergerak laju dalam mencorakkan warna baru dalam arena politik tanah air.
Ada yang mengatakan mereka ini sebagai serpihan PAS walaupun masyarakat umum lebih memahami mereka ini adalah gabungan individu yang terkeluar daripada kepemimpinan PAS melalui pembersihan terancang dalam muktamar.
Maka, setelah kalah sepatutnya mereka duduk diam-diam sahajalah, buat apa-apa yang rasional dalam terus memajukan parti.
Sayang seribu kali sayang, keputusan yang mereka ambil adalah unik kerana mereka ingin meneruskan agenda yang lebih besar.
Ianya dalam erti kata meneruskan sistem dual parti politik di Malaysia untuk memantapkan blok pembangkang iaitu Pakatan Rakyat yang kini sedang punya pakatan yang longgar terutama daripada aspek sokongan umat Islam melalui PAS. Read the rest of this entry »
Futures markets have much to say about oil’s direction
Gregory Meyer
Financial Times
July 17, 2015
For a brief, brave moment this year there was a sense the worst was over for the oil sector. This week, that feeling evaporated.
Iran’s agreement to curtail its nuclear programme, potentially restoring its place as a leading crude exporter, was just the latest hunk of bearish news thrown at the oil market. Saudi Arabia and Iraq are pumping record volumes. US drillers have again added rigs to probe for oil in shale rocks. China’s furious fuel demand growth is easing. For investors pondering exposure to oil through futures, shares or bonds, standing back seems the safest course.
The $50 a barrel plunge in spot oil prices from a year ago has been breathtaking. But to grasp the industry’s deepening woes, look at what futures markets are saying.
The price of West Texas Intermediate crude delivered in December 2016 has fallen below $60 a barrel, the lowest since any exchange listed that futures contract. Between the financial crisis and last year, the contract levitated between $80 and $100. Read the rest of this entry »
Some questions about the Low Yat riots
Posted by Kit in Law & Order, Malaysian Dream, nation building, Police on Sunday, 19 July 2015
By P Gunasegaram
Malaysiakini
Jul 15, 2015
QUESTION TIME For the past few months, the country has been gripped by the 1MDB scandal and mesmerised by all the stories and the allegations made. Meantime, the self-styled strategic development fund, with accumulated debts and payables of as high as RM46 billion, shows no tangible way out of the morass it is in.
Questions were raised as to why it should raise so much of borrowed money mainly to invest in dubious portfolios which it has not properly disclosed in its accounts or anywhere else. Combined with allegations made of money being siphoned off into accounts of businessman Jho Low, which have not been properly rebutted, it provided for a series of unsettling stories.
Even rating agencies’ ratings on Malaysia had to depend on how serious the problem at 1MDB was. To help stem the long slide in the ringgit, the central bank, Bank Negara Malaysia, had to come out publicly to state, although somewhat obliquely, that 1MDB did not pose a systemic risk to Malaysian banks, although some banks’ profitability could be affected.
And then came The Wall Street Journal (WSJ) shock report alleging that US$700 million (RM2.67 billion) were moved into Prime Minister Najib Abdul Razak’s bank accounts at AmIslamic Bank. No such allegation had ever been made against a Malaysian prime minister before.
Najib’s response was weak – the prime minister’s office only said that the prime minister has never taken any money for personal gain without specifically denying the allegations made in the journal. A letter by his lawyers to Dow Jones, the owners of the WSJ, confused rather than elucidated when it asked WSJ to clarify the report to say if it implied that the money came from 1MDB. The WSJ did not say that.
As the nation reeled from this shock announcement and the lack of zeal and specificity in refuting it, the riot at Low Yat happened. The authorities can cry out until they are blue in the face that the incident was not racial but they cannot deny in the face of video evidence that it had very strong racial overtones.
Such an incident happening in the heart of the city, the Golden Triangle area, barely a few hundred metres from the Kuala Lumpur police headquarters, is a severe indictment of the safety standards of our streets and public places which already have a bad reputation in terms of snatch and street crime.
KL residents are asking what this means for the future and what kind of precautions they should take when visiting public places while overseas visitors are querying if Kuala Lumpur is a safe place to visit. Read the rest of this entry »
Malaysia PM Najib ready to take on raging bull Mahathir
Posted by Kit in Anwar Ibrahim, Mahathir, Najib Razak, UMNO on Sunday, 19 July 2015
Rowan Callick
Asia Pacific Editor
The Australian
July 18, 2015
Malaysian Prime Minister Najib Razak has been under political siege for the two years since support for his UMNO-led coalition, which has ruled since independence in 1957, slid to less than 50 per cent at the last election.
The attacks — from outside and from within his own political camp — have intensified in recent months, becoming increasingly more personal, with a series of claims of corruption.
He has now begun to fight back, launching — and threatening to launch — defamation cases within Malaysia and overseas, including against Fairfax newspapers in Australia and The Wall Street Journal.
The opposition grouping led by Anwar Ibrahim attracted more voters at the 2013 general election, but failed to win power due to the gerrymander that gives rural ethnic Malay voters an overwhelming advantage. Read the rest of this entry »
In Malaysian politics, keep calm and amok on!
Posted by Kit in Law & Order, Malays, Malaysian Dream, Najib Razak, nation building on Sunday, 19 July 2015
by Sophie Lemiere, Guest Contributor
New Mandala
15 JULY 2015
In the wake of a brawl in Kuala Lumpur’s Low Yat Plaza, Sophie Lemière looks at how youth, prejudice and mob violence go hand-in-hand with politics.
The Malay word amuck or amok (rage) is the most famous Malaysian export along with palm oil (praised by Nutella lovers) and rubber (praised by everyone). Amok or to run amok has become a global concept to describe any sudden and ephemeral acts of violence to a killing rage. There is no cultural specificity here; we have sadly seen people running amok from Columbine in the USA to Paris and the beaches of Sousse (Tunisia).
Amok is surely the only Malay word the entire world uses, without even knowing its quasi-mystical origins. Anthropologists, psychiatrists and novelists have written extensively on this word, exploring the linguistic roots of amok to the intricacies of a psycho-pathological phenomenon; an unresolved intellectual quest well resumed by Yan Kon[1]. The “pengamuk”, the one who suddenly falls into a violent frenzy, was once seen as a hero: a mystical warrior getting his inner strength from god. Malay mysticism and history is filled with epic stories of such great warriors. Today, that heritage may be found in the hybrid tradition of Silat balancing an intense physical practice and mystic-religious beliefs with prayers to invulnerability charms[2]. Sadly today, for most, the pengamok has lost his nobility and is seen simply as a psycho.
This linguistic-mystic maze is now used to describe a non-event: the rowdy gathering of about 200 people at the empire of electronic goods, Low Yat Plaza in Bukit Bintang (Kuala Lumpur’s entertainment district), following the alleged theft of a mobile phone and consequent brawl. Read the rest of this entry »
Silver lining in Low Yat Plaza incident
Posted by Kit in Malaysian Dream, nation building on Saturday, 18 July 2015
By May Chee
Malaysiakini
Jul 16, 2015
Was the Low Yat incident something waiting to happen? Or did someone start a spark, hoping to engulf the whole nation in flames?
I don’t know and I don’t care. I’m just glad that it happened.
I’ve always held the belief that bad things happen for a good reason. Provided of course, we learn from them, make reparations and put in place mechanisms to avoid such untoward incidents.
It has been rather difficult for a while now to spread cheer around. However, from the Low Yat incident, in spite of the ugliness displayed by some really irresponsible quarters, others have given us much hope.
I wouldn’t know of all the angels who came to the rescue of those battered, bloodied and disillusioned but I thank you all, for saving our fellow Malaysians and most of all, showing to the whole world out there that we do look out for everyone, irrespective of creed and colour. Read the rest of this entry »
Malaysia should develop a “hysteria index” to monitor which Minister is the most hysterical in the defence of the Prime Minister in face of mounting exposes about the 1MDB and other scandals
Posted by Kit in Financial Scandals, Najib Razak, UMNO on Saturday, 18 July 2015
A new political phenomenon seems to have developed in Malaysian politics especially at the Cabinet level – with the competition among Ministers as to who could become more hysterical in the defence of the Prime Minister, Datuk Seri Najib Razak in the face of mounting exposes about the 1MDB and other scandals.
Without going too far back in time, the two Ministers competing to be the most hysterical Minister in the past three days are indisputably the Minister for Urban Wellbeing, Housing and Local Government Datuk Abdul Rahman Dahlan and the Minister for Communications and Multimedia, Datuk Ahmad Shabery Cheek.
Self-styling himself as Barisan Nasional strategic communications director (which no other BN leader apart from Najib would have heard of), Abdul Rahman went into an overdrive in championing a dubious mercenary character thinking that he could deliver a “killer blow” to the Opposition and therefore found a path leading to his unstoppable political elevation to the stratosphere of Najib’s political empire. Read the rest of this entry »
By Abdul Rahman’s logic, I should have paid money for the so-called “info” about 1MDB, reckless about the mercenary’s motivation and the info’s veracity and demand Najib should accept them as gospel truth!
Posted by Kit in Financial Scandals, Politics on Saturday, 18 July 2015
A few days ago, I received a call and the person on the other side of the line said he had all the info about the 1MDB scandal and asked whether I was interested.
When I said yes, he said he needed money and when I told him clearly and unmistakably that these are two separate issues which I am not prepared to link together, the caller ended the phone conversation. I have not heard from him since.
Have I acted wrongly?
The overnight Barisan Nasional strategic communications director, Datuk Abdul Rahman Dahlan, Minister for Urban Wellbeing, Housing and Local Government might think so, which is probably why he has suddenly become the champion of the dubious information offered by a dubious character regarding it as “pay dirt” and questioning the honour, honesty and credibility of those who had tried to pry open the biggest financial scandal in the nation’s history – the RM42 billion 1MDB scandal.
Abdul Rahman was so pachydermous that he even had the temerity to claim that he is emulating me when he tweeted: “When BN questioned the credibility of DAP’s sources, @limkitsiang always quick to say “Don’t shoot the messenger, focus on the message!” So?” Read the rest of this entry »
Guan Eng on the road ahead for Malaysia
Posted by Kit in DAP, Election, Mariam Mokhtar on Saturday, 18 July 2015
Mariam Mokhtar
Free Malaysia Today
July 18, 2015
Lim Guan Eng shares his thoughts about the state of the country, the death of Pakatan Rakyat and the Opposition chances in the next GE.
Lim Guan Eng, the chief minister of Penang, was in London recently but took time-off from his busy schedule to meet some Malaysians and share his thoughts on a variety of issues. These ranged from the Malaysian mess to Malay votes, the economy to the end of Pakatan Rakyat, and the challenges of Sarawak, to his choice of a cell-mate. Here is a condensed account of that interview.
1.“Malaysia is in a mess.” What solution does DAP have to take Malaysia out of its predicament?
Malaysia is not in a mess, but in a state of crisis. We have a challenging year ahead and we must not lose hope and faith. Our economy is tanking because of the Goods and Services Tax (GST), and the ringgit is dropping. Our leaders are not saving the economy but are only saving themselves.
The first step will be a change of leadership. To get to the root of the crisis, Najib Abdul Razak must take a leave of absence. The Malaysian Anti-Corruption Commission (MACC), the Bank Negara Governor, and Inspector-General of Police (IGP) are all under the authority of the prime minister, so they are unable to conduct an independent and neutral investigation of their own boss.
We cannot continue without change. In the short-term Najib must go on leave. In the long term, there must be free and fresh elections, so that a new, clean and legitimate government can be elected. Read the rest of this entry »
The Low Yat lesson: May 13 sequel unlikely but ethnic fault lines show risk remains
Posted by Kit in Malaysian Dream, nation building on Saturday, 18 July 2015
By Ida Lim
The Malay Mail Online
Saturday July 18, 2015
KUALA LUMPUR, July 18 — Malaysia will not likely see a repeat of the May 13, 1969 racial riots but isolated clashes like last weekend’s melee at Low Yat Plaza will not be uncommon in a society still divided along ethnic lines, regional observers said.
Although Malaysians are largely deemed a peace-loving lot, the observers cautioned that racial politics and years of race-based policies have created a lingering resentment among the country’s different ethnic groups.
In such an environment, they said economic gloom and even minor personal disputes could cause ethnic tensions to flare easily.
“So, tremors like we’ve just felt in Low Yat will doubtlessly recur—for the ethnic fault line in Malaysia is widening,” Prof William Case told Malay Mail online. Read the rest of this entry »
As scandal rocks Malaysian government, B.C. pushes LNG deal with state-owned gas giant
Posted by Kit in Financial Scandals, Najib Razak, Oil on Saturday, 18 July 2015
By Warren Bell in Opinion | July 15th 2015
National Observer
Christy Clark is recklessly planning on linking the next generation in BC to the Malaysian government, which in the last few days has headed into the worst financial and political scandal in its recent history – the latest in a long history of questionable government behaviour.
The B.C. legislature is now sitting, at Premier Clark’s behest, in a rare summer session whose sole purpose is passing legislation to facilitate a sweetheart financial deal with Petronas, the giant Malaysian oil and gas company. Petronas wants to build a massive plant to liquefy fracked gas on tiny Lelu Island in the center of prime salmon habitat at the mouth of the Skeena River.
Petronas is wholly owned by the Malaysian government (which has been controlled by a single ruling coalition, Barisan Nasional, for the last 50 years). Petronas supplies the Malaysian government with as much as 45 per cent of its budget, according to Reuters. Read the rest of this entry »
For Asia’s Oil Consumers, It’s a Buyer’s Market
by Eric Yep
Wall Street Journal
July 16, 2015
With ample supply, oil refineries in Asia have increasing influence over prices
SINGAPORE—With oil prices at half what they were a year ago and crude flooding into Asia from all directions, buyers from the west coast of India to southern Japan are, for the first time in decades, spoiled for choice.
The changing balance of power is already affecting the regional market share of key producers. With a full return of Iranian supplies now looming, following a nuclear accord this past week, competition will likely heat up further.
Oil consumers, mainly the refineries that turn crude into products such as gasoline and jet fuel, face a dilemma in this “new normal” era. Do they stick with multiyear contracts with long-established suppliers, primarily from the Middle East, or buy more oil on spot markets, getting cheaper prices but risking security of supply?
Asian refiners, located far from major oil-producing regions, previously have tied up as much as 95% of their crude intake through long-term contracts with reliable producers such as Saudi Arabia’s state-owned oil giant Saudi Aramco. Read the rest of this entry »
More politics or less in local elections?
Posted by Kit in Elections, Local Goverment on Saturday, 18 July 2015
– Liew Chin Tong
The Malaysian Insider
17 July 2015
There are two sets of contradictory ideas when it comes to the discussion of local democracy in Malaysia.
While many call for local elections, there are also some activists who call for “less politics, more professional appointments” to local councils.
At a conference on decentralisation in Penang in September 2014, a social activist and local councillor said Malaysians should emulate Seoul for electing an NGO mayor and he went on to argue the ills of having politicians at the council level. Read the rest of this entry »
Mahathir has lost control of his puppet
Posted by Kit in Anwar Ibrahim, Mahathir, Najib Razak on Saturday, 18 July 2015
John Garnaut
The Age
July 17, 2015
The ageing dictator thinks the decay in Malaysian politics is all about personal failings.
On Eid al-Fitr, the most festive day of the Islamic calendar in South-east Asia, Nurul Izzah Anwar should be celebrating with her family and visiting her famous father in jail. But Malaysia’s politics are now so combustible, and the name of Anwar Ibrahim so potent, that the family has been barred from resuming its conversation about the future of Malaysia until the fifth day after the breaking of the fast.
But Nurul Izzah, like the rest of middle-class Malaysia, already knows exactly what her father thinks.
“For the first time in our history, a sitting prime minister is under investigation for the misappropriation of funds,” said her father in a statement released by his lawyers this week, referring to a report that showed how $920 million was siphoned from a sovereign wealth fund into a bank account in the name of Prime Minister Najib Razak. “From behind these prison walls, I feel a great concern and worry for my country,” said Anwar Ibrahim. “Corruption, abuse of power, arrogance and appallingly poor governance has brought Malaysia to this state. The utter collapse of the Greece economy is a warning of what can yet happen.” Read the rest of this entry »
Malaysia near bottom in survey on money in politics
Malay Mail Online
July 17, 2015
KUALA LUMPUR, July 17 — Malaysia ranked fifth from the bottom in a survey of 54 countries on the integrity of campaign financing in elections, amid allegations that Barisan Nasional (BN) abused government money to fund their Election 2013 campaign.
The “Checkbook Elections” study by the Electoral Integrity Project (EIP), based at the University of Sydney, Australia, in collaboration with Global Integrity and the Sunlight Foundation for the Money, Politics and Transparency Project (MPT), also showed Malaysia with an average score of 19 out of 100, compared to the highest score of 79 by Georgia, and to its Southeast Asian neighbours like Thailand (50), Indonesia (47), and the Philippines (43).
“Reporting requirements are light: according to the law, parties must report on their finances annually, and candidates must do so only once, in a single post-election report,” the MPT noted.
“Reports are not completely itemised, and in practice, do not disclose a complete list of donors or donations. Of the information that is submitted, no party reports are made available to the public, and candidate reports, in practice, are accessible only in hard copy for a period of six months after the election,” the MPT added.
According to the survey, Malaysia’s “in law” and “in practice” scores were 26 and 15 out of 100 respectively. Read the rest of this entry »
Najib will weather scandal, but it’s not good for Malaysia or PH
Posted by Kit in Najib Razak on Friday, 17 July 2015
Zachary Abuza
Rappler
Jul 17, 2015
Even if Malaysian Prime Minister Najib Razak remains in office, he is politically weakened, preoccupied and ruling with considerably less legitimacy. This bodes ill for the Philippines.
The 1MDB scandal continues to hit embattled Malaysian Prime Minister Najib Razak. The investment vehicle that he chairs is $11.1 billion in debt, and documents leaked to The Wall Street Journal show that some $700 million of 1MDB funds were deposited into his personal accounts, as well as some $560,000 into his wife’s account.
Such allegations should be enough to sink most politicians, but this is Malaysia.
To date, there have been separate investigations by a parliamentary committee, the government’s auditor general, the police and the Bank of Malaysia. All have broadly cleared the government of wrongdoing, which is not surprising given Najib’s control and influence over them. Read the rest of this entry »
Egg all over his face and he still does not know – a special quality of UMNO/BN Ministers and leaders
I do not know whether to commiserate or congratulate the overnight Barisan Nasional strategic communications director, Datuk Abdul Rahman Dahlan, Minister for Urban Wellbeing, Housing and Local Government who has undoubtedly won instant media fame (or is it infamy) by having egg all over his face.
The wonder of it all is that he is blissfully unaware that he has egg all over his face – a special quality of UMNO/BN Ministers and leaders.
He could even admit to having soiled goods but insist that the importance is the message not the messenger.
But if the messenger is disreputable and mercenary, what is the credibility of his message?
School children would be able to give proper answer to this question which seems to be beyond Abdul Rahman’s mental and moral capabilities – no wonder former Prime Minister Tun Mahathir keeps lamenting the low-standard of present-day Cabinet Ministers whom he and his former Finance Minister, Tun Daim Zainuddin, have dismissed as “half-past six” or “deadwood” Ministers. Read the rest of this entry »
The special task force into allegations of PM misconduct by Najib has zero credibility and legitimacy when DPM and Cabinet Ministers completely in the dark about its establishment, composition, terms of reference and latest change of Chairmanship
Posted by Kit in Constitution, Crime, Mahathir, Najib Razak on Friday, 17 July 2015
The special task force investigating into allegations of Prime Ministerial misconduct by Datuk Seri Najib Razak, in particular into Wall Street Journal (WSJ) report and allegation on July 3 that US$700 million (RM2.6 billion) were deposited into Najib’s personal accounts in AmBank in March 2013, shortly before the dissolution of Parliament on April 3, 2013 and the holding of 13th general elections has zero credibility and legitimacy.
How can the “special task force” have credibility and legitimacy when Cabinet Ministers, and even the Deputy Prime Minister, Tan Sri Muhyiddin Yassin, do not know about its establishment, composition, terms of reference and the latest change of Chairmanship of the special task force?
Yesterday, former Attorney-General Tan Sri Abu Talib urged the Attorney-General Tan Sri Abdul Gani Patail to disassociate himself from the special task force, saying this would help enhance public perception and integrity into the probe.
Abu Talib’s views were also shared by lawyers who said the top government lawyer should not be part of the investigation or else his office would not be seen as being independent.
Talib and the lawyers said Gani’s immediate disassociation from the task force would enhance public confidence and integrity over the three investigating bodies – police, MACC and Bank Negara – in executing their duties.
The principle of check and balance between investigation agencies and the public prosecutor must be observed to ensure justice to all parties, including the public.
Talib, who was A-G from 1980 and 1993, said it was not desirable for Gani, as the public prosecutor, to be a member of the task force. Read the rest of this entry »
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