Archive for June 21st, 2019
RM270 million 1MDB civil forfeiture suits against 41 individuals and groups a good and great start by Latheefa Koya as MACC Chief
Posted by Kit in Corruption, Financial Scandals on Friday, 21 June 2019
The RM270 million 1MDB civil forfeiture suits against 41 local individuals and groups is a good and great start by Latheefa Koya as Malaysian Anti-Corruption Commission (MACC) Chief.
This is the largest forfeiture action in the nation’s history, caused by the dispersal to the 41 respondents from former Prime Minister, Datuk Seri Najib Razak’s personal AmBank account.
The immediate response by the acting UMNO president Datuk Seri Mohamad Hasan that UMNO will fight the civil forfeiture suits in court is showing to Malaysians the real kleptocratic colours of UMNO, that the curse of kleptocracy is not just the transgressions of one person but the fault of the entire UMNO leadership – and even the previous Cabinet!
Is Mohamad Hassan and the UMNO leadership claiming that the 1MDB scandal, which is being investigated in 10 countries, and for which banks in foreign countries had been fined and closed and bankers in foreign countries had been convicted of money-laundering crimes and imprisoned, was just a figment of imagination of the MACC?
As out of the RM270 million civil forfeiture suits, RM212 million (78.5 percent) was sought from Umno divisions, is the UMNO leadership prepared now to admit to the reality of the 1MDB scandal which made Malaysia a global kleptocracy and declare how it is prepared to co-operate with the anti-corruption authorities to purge Malaysia of the infamy, ignominy and iniquity of the 1MDB global kleptocracy?
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Sinister conspirators and cybertroopers working overtime again, churning out lies and falsehoods including the perpetual “motion of no confidence” against Mahathir for the forthcoming July Parliament
Posted by Kit in Education, PH Government on Friday, 21 June 2019
Has there been any positive news in the past week?
It’s not all doom and gloom in undoubtedly the worst week of the Pakatan Harapan government since the historic decision of the 14th General Election on May 9, 2018.
One positive news in the past week was that Universiti Malaya (UM) has made a giant leap up the Quacquarelli Symonds (QS) World University Rankings 2020, and is now ranked 70 in the latest edition of the international university rankings – an impressive 17 spot climb up from 87 last year.
This is the highest position the university has been at since the rankings began in 2004.
Of course I agree that university rankings are not the be-all and end-all for universities, as rankings should not be the sole focus of universities in pursuing excellence.
Universities should not be too obsessed with university rankings as there are legitimate criticisms about the assessment and glamorisation of university rankings.
There is no pride in being a highly-ranked university if the graduates lack integrity and integrity problems like plagiarism are rife and rampant. Read the rest of this entry »