Archive for June 27th, 2018

KPMG’s declaration that no 1MDB accounts are “true and fair” since its formation in 2009 should be the last straw that breaks the camel’s back and make the 1MDB scandal the single biggest issue in the UMNO Assemblies this week

Never before in the history of UMNO Assemblies are there so many elephants in the room which every UMNO leader is strenuously trying to ignore in the UMNO Assemblies this week.

The biggest elephant is undoubtedly the international 1MDB money-laundering scandal, which brought infamy and ignominy to Malaysia as a global kleptocracy, but there are also other elephants in the shoal of mini-1MDB scandals like those affecting MARA, Felda and Tabung Haji.

The 1MDB elephant has continued to grow in size since UMNO/BN was evicted from Putrajaya in the 14th General Election on 9th May 2018, and the UMNO Assemblies this week will be doing UMNO and the nation the greatest disservice if the charade to ignore the 1MDB elephant is continued.

This charade cannot go on, especially after the shocking revelation by one of the Big Four auditors in Malaysia, KPMG, that the accounts of 1MDB cannot be relied on from the time of its inception in 2009 – as it should be the last straw that breaks the camel’s back and make the 1MDB scandal the single biggest issue in the UMNO Assemblies this week. Read the rest of this entry »

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UMNO Assemblies this week present an unbelievably fertile ground for the writing of Greek tragedies and even comedies

The UMNO Assemblies this week beginning tomorrow present an unbelievably fertile ground for the writing of Greek tragedies and even comedies!

Yesterday, the incumbent contender for the post of UMNO President, Datuk Seri Zahid Hamidi forecast that Pakatan Harapan will implode before the 15th General Election by 2023 and that UMNO will return to Putrajaya soon without the hassle of having to go through a general election.

This is a revised timeline as earlier UMNO leaders were comforting themselves about the disintegration of the Pakatan Harapan government in one or two years’ time. Read the rest of this entry »

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