Archive for June 30th, 2017
Pakatan Harapan should aim to achieve a “double whammy” in five states in the 14 GE – winning five new state governments as well as the federal government in one go
Posted by Kit in DAP, Elections, Parti Amanah, PAS on Friday, 30 June 2017
The 2008 General Election saw a “political tsunami” which saw UMNO/BN coalition losing power in five states – retaining power in Kelantan as well as capturing Kedah, Penang, Perak and Selangor.
The 2013 General Election was meant to be a political watershed event, bringing about for the first time in the nation’s history a change of Federal government in Putrajaya.
But there was national disappointment all round, as Datuk Seri Najib Razak was able to clinch on to power as the first minority Prime Minister in the country through gerrymandering and a most unfair and undemocratic electoral system.
With 47% of the electoral vote, Najib secured 60% of the parliamentary seats although the majority of the voters voted against Najib and the UMNO/BN coalition with the Pakatan Rakyat at the time winning 53% of the popular vote.
Following the break-up of Pakatan Rakyat in June 2015 because of the refusal of the Hadi leadership of PAS to honour the Pakatan Rakyat Common Policy Framework and the Pakatan Rakyat’s consensus operational principle, Malaysians experienced the worst political disappointment in the nation’s history.
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1MDB’s RM56 million since 2011 to sponsor 5,711 pilgrims is only .01% of the total 1MDB debts of some RM50 – 55 billion
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Friday, 30 June 2017
It was announced today that 1MDB had spent RM56 million to sponsor 5,711 pilgrims to Mecca since 2011.
This seems to be a major allocation of charity, but is really a drop in the ocean of 1MDB debts.
Nobody knows what are the total debts which had been piled up by 1MDB, which eventually would have to be paid by generations of Malaysians.
This is because the last accounts of 1MDB to be audited and published was up to the end of March 2014, with three years of outstanding 1MDB accounts from 2014 to 2017 a mystery even to Cabinet Ministers!
The total debts of 1MDB could be in the region of RM50 – RM55 billion – which would put the RM56 million allocated by 1MDB to sponsor pilgrims to Mecca in the past six years since 2011 to represent only a paltry .01 per cent of the total 1MDB debts. Read the rest of this entry »
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