Let not Malaysia gain a new world infamy and ignominy as a nation which does not know shame for becoming a global kleptocracy

I fully agree with the DAP PJ Utara MP, Tony Pua, that the Minister for Communications and Multimedia, Datuk Seri Said Keruak is “completely untutorable” on the BMF, Bank Negara forex and 1MDB scandals, when Salleh could insist he was right and even brilliant to say that the Bumiputera Finance Scandal in the 1980s is worse than the ongoing 1MDB scandal as the government’s “real exposure” in 1MDB scandal is only RM1 million in its initial paid-up capital.

I tried to help Salleh understand the implications and magnitude of the 1MDB scandal, which for the first time in the nation’s history, has plunged the country into the international infamy of a global kleptocracy, suggesting three separate tutors for him for the BMF, Bank Negara forex and 1MDB scandals but it was in vain for Salleh was not prepared to be educated.

As Tony pointed out, Salleh is spinning a story that even the CEO for 1MDB, Arul Kanda has stopped spinning since a year ago – that the government exposure to the 1MDB scandal is only RM1 million, an incredibly naïve understanding of the 1MDB scandal which even students in schools would not be guilty of.

It is obvious that Najib’s Cabinet Ministers, not very outstanding in their IQs, also feel embarrassed by Salleh’s incredible naivetee, and have virtually given up on Salleh who has shown that he is “untutorable” on the BMF, Bank Negara forex and 1MDB scandals.

This was why the Cabinet at its meeting on Wednesday, discussed the possibility of a Royal Commission of Inquiry (RCI) or some official probe into Bank Negara forex losses more than two decades ago.

If Youth Minister, Khairy Jamaluddin was right on the Cabinet meeting, there was no mention not only of the current 1MDB scandal but also the BMF scandal more than three decades ago.

If all other Cabinet Ministers agreed with Salleh that the BMF scandal is worse than the 1MDB scandal, limiting the damages of the 1MDB to RM1 million, Najib and his Cabinet would not have let Tun Mahahir off the BMF hook so easily.

However, if Najib and his Cabinet are only prepared to consider the possibility of a RCI into Bank Negara forex scandal but not prepared to consider a RCI for the 1MDB scandal, all the Cabinet Ministers are not only guilty of colossal negligence and irresponsibility of the first degree, they are also guilty of the most petty politicking, misusing their positions as Cabinet Ministers to carry out a political war against Mahahtir in order to secure his silence on Malaysia’s kleptocracy under Najib.

Let me tell Najib and all the Cabinet Ministers – having political leaders in government who do not feel any remorse or shame at Malaysia’s infamy and ignominy for being regarded worldwide as a global kleptocracy is bad enough, let Malaysia not get another ill reputation as a nation which does not know the meaning of shame.

I urge Najib and the Ministers to place the 1MDB kleptocratic money-laundering scandal squarely and firmly on the Cabinet agenda next Wednesday and forthrightly deal with the 1MDB scandal and what Malaysia can do to clear or cleanse her reputation worldwide as a global kleptocracy.

Let not Malaysia gain a new world infamy and ignominy as a nation which does not know shame for becoming a global kleptocracy!

  1. #1 by Bigjoe on Saturday, 11 February 2017 - 1:12 am

    The UMNO/BN politicians, and now Hadi’s PAS too does not know shame is obvious and have been for a while now. It’s a job requirement in fact.

    The issue is how can any voters think its not relevant to them even their everyday lives? It’s an abusive relationship for any voters to have them represent them. Do we have vast swath of punching bags of Malaysian citizens with low self respect just begging to be abused?

    Rafizi says no, even rural voters understand the issue but they are not convinced of the opposition. Well if they think Hadi’s PAS is with the opposition, they do not understand.

  2. #2 by donplaypuks on Saturday, 11 February 2017 - 8:30 am

    As per 1MDB’s audited accounts for 2013, its paid up share capital is RM1 billion and not RM1 million. Most, if not all UMNO/BN Ministers, including Najib, do not have a clue how to read and understand audited accounts and the financial information disclose therein.

    Beyond that, as 1MDB is 100% owned by MOF, it cannot afford to default on 1 cent of 1MDB’s borrowing of RM42 billion and/or RM4 billion of other creditors and derivative debts at the risk of becoming a pariah in the international financial markets. The brainless SS Keruak will also do well to remember that MoF also took over an additional RM4 billion of debt 1MDB originally incurred from KWAP funding!

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