Archive for July 1st, 2016

Why is Johari playing the old record about resolving the 1MDB issue “transparently” when the Finance Minister himself is not prepared to make any such commitment or the 1MDB issue would be behind the country long ago?

Three days after his appointment as the new Second Finance Minister, Datuk Johari Abdul Ghani said he has made 1MDB one of his priorities and pledged to resolve the state investment fund’s problems transparently.

He promised that the government would address the issues raised in the Public Accounts Committee’s (PAC) report on 1MDB and said: “What had been raised in PAC report – whatever or whoever that caused (problems in) 1MDB – definitely action will be taken.

It speaks volumes that the new Second Finance Minister should be making such an assurance about the PAC Report on 1MDB which was submitted to Parliament on April 7, which could only mean that the Finance Ministry has yet to take seriously the recommendations of the PAC report although it had been made public for nearly three months on a financial scandal which had catapulted Malaysia to world attention for global corruption?

This is most shocking especially when the PAC Report on 1MDB only revealed the “tip of the iceberg” of the financial chicanery and fraud and global embezzlement, money-laundering and corruption which is now the subject of investigation by seven other countries, but despite its weak and minor recommendations, the Finance Ministry has yet to take full action to implement the PAC recommendations after the passage of nearly three months.

This shows that the Finance Ministry does not have the political will or capability to resolve the RM55 billion 1MDB global scandal and ensure full accountability to who is responsible, for the simple reason that the person who must bear the greatest responsibility of the nation’s first global scandal is none other than the Finance Minister himself – who happens to be the Prime Minister, Datuk Seri Najib Razak. Read the rest of this entry »

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Futile to talk about double standards

By TK Chua
Free Malaysia Today
July 1, 2016

To be free from blemishes is not an option for any Opposition politician but an obligation to set the bar higher.

COMMENT

What is there to argue about on whether Lim Guan Eng should resign, take a leave of absence or continue doing his job as the chief minister of Penang?

To me there is really no answer to this argument. The choice really depends on which side of the political divide the individual in question is on – whether he is a supporter or adversary. This is what partisan politics has done to most of us. We have become blind and adamant in our struggle, regardless of the rights and wrongs involved.

This is the nature of our “legal system” – we cannot argue why someone is charged while others are not, even though they may have committed similar or even graver offences. We cannot argue why a person is charged even though the evidence is flimsy or probably ridiculous while others are let go even though the proof is substantial.

The system says the power to prosecute is discretionary. When it is discretionary, it could also mean arbitrary or selective. Seriously, which parts of these predicaments are we Malaysians still unable to understand? Read the rest of this entry »

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Brexit is not just Europe’s problem. It highlights a crisis in democracies worldwide.

By Dan Balz
Washington Post
June 27, 2016

LONDON — Britain’s political system remained in turmoil Monday, virtually leaderless and with the two major parties divided internally. But the meltdown that has taken place in the days after voters decided to break the country’s ties with Europe is more than a British problem, reflecting an erosion in public confidence that afflicts democracies around the world.

Last Thursday’s Brexit vote cast a bright light on the degree to which the effects of globalization and the impact of immigration, along with decades of overpromises and under-delivery by political leaders, have undermined the ability of those officials to lead. This collapse of confidence has created what amounts to a crisis in governing for which there seems no easy or quick answer.

The debris here is clear. The Brexit vote claimed Prime Minister David Cameron as its first victim. Having called the referendum and led the campaign to keep Britain in the European Union, he announced his intention to resign the morning after the vote. The results also now threaten the standing of Labour leader Jeremy Corbyn, who faces a likely leadership election after seeing more than two dozen members of his leadership team resign in the past two days.

Alastair Darling, a former chancellor of the exchequer, outlined the extent of the crisis here during an interview with the BBC’s “Today” program on Monday. “There is no government. There is no opposition. The people who got us into this mess — they’ve gone to ground,” he said “How has the United Kingdom come to this position? We have taken this decision and have no plan for the future.”

The seeds of what has brought Britain to this moment exist elsewhere, which makes this country’s problems the concern of leaders elsewhere. In Belgium and Brazil, democracies have faced crises of legitimacy; in Spain and France, elected leaders have been hobbled by their own unpopularity; even in Japan, where Prime Minister Shinzo Abe faces no threat from the opposition, his government has demonstrated a consistent inability to deliver prosperity. Read the rest of this entry »

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Stung by a betrayal, former London mayor Boris Johnson ends bid to lead Britain

By Griff Witte
Washington Post
June 30, 2016

LONDON – It was a scene lifted from the scripts of Shakespeare — or perhaps a binge-watching session of “House of Cards.”

When Thursday morning broke, Boris Johnson, the transparently ambitious former mayor of London, was preparing to give the speech of his life — one that would vault him out of the political mayhem wrought by last week’s referendum on the European Union and straight to the job he had long sought: British prime minister.

But the man who was to be Johnson’s campaign manager had a different idea: Michael Gove, the bookish justice secretary who has repeatedly denied any aspiration to higher office, was getting ready to stick a dagger into Johnson’s chances, and twist.

By day’s end, Britain would be reckoning with one more betrayal in a political season full of them. This one stunned an already dazed nation, and left no doubt, if any had remained, that Britain is divided, directionless and leaderless as it prepares for a leap into the unknown of life outside the E.U.

Johnson, the mop-headed rogue who had been considered the odds-on favorite to take the keys to 10 Downing Street, has now been shunted to the sidelines of the contest to lead the Conservative Party and, by extension, the nation. Read the rest of this entry »

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