Archive for January 10th, 2017
10th January 2017
1Malaysia Development Bhd (1MDB), founded by Malaysian Prime Minister Najib Razak, is the subject of money laundering investigations in at least six other countries including Switzerland, Singapore and the United States.
Civil lawsuits filed by the US Department of Justice allege more than $US3.5 billion ($4.76 billion) was misappropriated from the fund.
The lawsuits seek to seize $US1 billion ($1.36 billion) in assets allegedly siphoned off from 1MDB and diverted into luxury real estate in New York, Beverly Hills and London, valuable paintings, and a private jet.
Mr Najib, who also chaired 1MDB’s advisory board, has denied wrongdoing and said Malaysia would cooperate with international investigations.
“The AFP is aware of allegations relating to companies associated with 1MDB and have assisted our foreign law enforcement partners with their investigations in relation to a number of these matters,” the AFP told Reuters. Read the rest of this entry »
January 10, 2017
In giving his farewell address on Tuesday night in Chicago, President Obama will follow a tradition begun by America’s first president.
George Washington offered a series of warnings, what he called a “solemn contemplation.” His parting words have been deemed so valuable that they are read on the floor of the U.S. Senate each year, including his warning about the dangers of partisanship:
“It serves always to distract the public councils and enfeeble the public administration. It agitates the community with ill-founded jealousies and false alarms; kindles the animosity of one part against another; foments occasionally riot and insurrection. It opens the door to foreign influence and corruption, which find a facilitated access to the government itself through the channels of party passion.”
The presidential farewell address became a fixture in the 20th century, right along with the arrival of television in American homes. In these modern farewell speeches, almost all of them talk about the difficulty of the job, and urge the American people to be nice to the next guy. Read the rest of this entry »
Koon Yew Yin
10th Jan 2017
A few days ago, I received a whatsapp with a long heading. It dealt with the education woes of the Malay community and was titled: HASIL DARI DASAR BANGANG, SIAPA YANG BANGANG KALAU BUKAN KITA YANG MEMILIH MEREKA PEMBUAT DASAR BANGANG? SEORANG RAKAN SEJAWAT DI IPT MENULIS
Loosely translated, this is the equivalent in English: PRODUCT OF STUPID POLICY: WHO IS IT THAT IS STUPID IF NOT OURSELVES WHO HAVE CHOSEN THOSE POLICY MAKERS. A FRIEND FROM THE UNIVERSITY WRITES
This post in the social media has gone viral in many Malay chat groups. But I doubt if it will ever appear in the Malay newspapers such as Utusan Malaysia or Berita Harian. Or even be carried or commented on in the English media even though it is worthy of national discussion and analysis.
Here is a quick summary of its contents: Read the rest of this entry »
Let Mohd Faiz, Harith Iskander, Mohd Ridzuan and Ziyad Zolkein be exemplars of world-beaters for Malaysians
Events in the first ten days of the new year have given both hope and dejection about the future of Malaysia.
Standing head and shoulders above all other events in the first 10 days is undoubtedly Penang footballer Mohd Faiz Subri’s clinching of the Fifa Puskas Award for the most beautiful goal of 2016, putting his name on the same list as past winners such as famed football stars Christiano Ronaldo and Neymar.
The 29-year-old Penang striker has indeed brought joy to millions of Malaysians thousands of kilometres away when Mohd Faiz was handed the award for his spellbinding free kick at a glittering ceremony in Zurich yesterday.
Mohd Faiz created history as the first Asian to be bestowed the gong named after Ferenc Puskas, the Hungarian football legend who enjoyed huge success with Real Madrid during the 1950s and 60s as well as his national team.
Last year Harith Iskander won the Funniest Person in the World competition in Finland while Malaysia won two gold medals in the Rio Paralympics, one by Mohamad Ridzuan Mohamad Puzi in men’s 100m T36 and the other by Ziyad Zolkefli in the men’s F20 shot putt.
On the dark side, Malaysia ascended the world chart to become a “global kleptocracy”.
Mohd Faiz’s success is an inspiration to all Malaysians to regain confidence in themselves and the nation to aim to be among the best in the world – not to be mediocre or worse, heading towards a failed and a rogue state.
Let Mohd Faiz, Harith Iskander, Mohd Ridzuan and Ziyad Zolkein be exemplars of world-beaters for Malaysians. Read the rest of this entry »