Day: July 10, 2015

— Liew Chin Tong
The Malay Mail Online
July 10, 2015

JULY 10 — Let’s be clear, elections are won or lost in marginal seats.

For the new Opposition coalition to form the next government which is stable and with a strong legitimacy, defeating Umno in the Peninsula has to be the priority.

But to cause Umno to fall like dominoes, we should not set our sights on its strongholds but work on where it is weakest: the marginal seats.

Umno won 88 seats nationally, of which 14 are in Sabah and one in Labuan. The rest of the 73 seats are in the Peninsula.

Of these 73 Peninsula seats, Umno would win at least 30 rural seats, which were “tailored-made” for Umno in the first place anyway, with the “built-in” Felda votes, postal votes and government machineries assisting Umno in campaign. The Opposition should forget about these 30 seats.

But the rest of the seats, which are mostly multi-ethnic, are ready to fall on the back of antipathy against Umno since 2008 among non-Malay voters and a Malay tsunami against the economic hardships imposed by the Umno government.

Of the 38 marginal seats which Barisan Nasional won with less than 10 percent margin in the last election, 32 are Umno seats.

This is the battleground where the next election will be fought.

Focusing on the middle ground with strong leadership, clarity in policy and a convincing message to unite all ethnic groups while riding on the wave of a brewing Malay revolt could just tilt the balance. Continue reading “The Peninsula dominoes”

by Anisah Shukry
The Malaysian Insider
10 July 2015

A video clip of a young Malaysian speaking of the financial struggles she and her generation face to an audience who included Tan Sri Muhyiddin Yassin is making its rounds on social media.
In the video by the Malay Economic Action Council (MTEM), the 23-year-old law graduate, who only identified herself as Zahra, told the deputy prime minister how she had grown increasingly disappointed and angry that the life she is living was not what she had envisioned as a student.

“The reality of the working world is not as beautiful as people expect it to be – on the contrary, it is torturous. Yes, I drive to the office, but the car is not mine. I am borrowing it and pay RM500 each month to my father for it.

“Usually, by the end of the month, I take the LRT to the office because my pockets are empty by that time. It has become a routine, and I am ashamed to face my parents. I should be taking care of them, not the other way around,” said Zahra, at an event organised by MTEM on June 17.

But she said she had no other choice, as her salary was not high despite years of toiling for a law degree.

Buying a house would remain a dream for years to come, she said, as even paying the RM500 monthly rent to stay in a house with seven others was a struggle.

“I know I’m not alone. Many of my friends are suffering. We don’t see a way out. My future and that of millions of other Malay youth is bleak.

“Honestly, we Malay youth don’t care about political or racial issues, because what matters to us is the issue of survival,” said Zahra. Continue reading “Survival, not politics or race, our concern, law grad tells DPM”

“Fear not, ministers will ensure task force does its job” is one headline for the assurance by the Youth and Sports Minister, Khairy Jamaluddin that the special task force probing allegations concerning 1MDB will do its job without fear or favour.

I say, “Be Very Afraid!” when “ignoramus” Ministers give empty assurances about the special task force investigation when they may not even be qualified to comment because of conflict of interest.

Khairy said the task force would have to report to Cabinet and that “we the ministers will be there to ensure that the investigation is done without fear or favour”.

What nonsense is Khairy talking about. How can the Cabinet Ministers ensure that the investigation is done “without fear or favour” when the Cabinet Ministers cannot ensure that the establishment of the task force is done “without fear or favour”?

The 35 Cabinet Ministers cannot be unaware that Malaysians have no confidence in the special task force because its four “Tan Sri” heads of the quartet of enforcement/investigating agencies, namely Bank Negara, Royal Malaysian Police, the Malaysian Anti-Corruption Commission and the Attorney-General Chambers are all junior, subordinate and beholden to Najib, whether as Finance Minister or Prime Minister, when Najib is in fact the “accused” in the investigations.

This is why Malaysians want independent and reputable Malaysians to investigate the Wall Street Journal allegation that US$700 million (RM2.6 billion) was deposited into Najib’s personal bank accounts in AnBank within two weeks of dissolution of Parliament on April 3, 2013. Continue reading ““Be Very Afraid!” when “ignoramus” Ministers give empty assurances about special task force investigation when they may not even be qualified to comment because of conflict of interest”

By Kow Gah Chie and Adrian Wong | 8:31AM Jul 7, 2015
Malaysiakini

INTERVIEW While DAP may have repeatedly proclaimed that Pakatan Rakyat is “dead”, the party does not rule out the possibility of teaming up with PAS in the future.

Asked whether DAP and PAS would form an alliance, for their fourth time, in the next general election, veteran DAP leader Lim Kit Siang said it was a possibility.
Continue reading “Door for PAS still open, says Kit Siang”

by Niluksi Koswanage Shamim Adam
Bloomberg
July 9, 2015

As Malaysian Prime Minister Najib Razak fights claims aired in a Wall Street Journal report that about $700 million in funds connected to a state investment company allegedly ended up in his personal bank accounts, here’s a guide on the key players in the furor and what to watch for.

Q: What is 1Malaysia Development Bhd. or 1MDB?

Najib chairs the advisory board of the debt-ridden state investment company. The Wall Street Journal reported July 3 that money may have moved through government agencies and companies linked to 1MDB before apparently appearing in Najib’s personal accounts. A task force investigating the claims visited 1MDB’s Kuala Lumpur headquarters on Wednesday and left with documents.

1MDB had its origins in the Terengganu Investment Authority, which was created in 2009 to invest oil royalties from the state of Terengganu. When Najib became prime minister that year it was renamed 1MDB, became a national entity and its funding source was changed to government-backed debt.

The company has courted controversy, accumulating $11 billion of debt in less than five years, paying a premium in the acquisition of energy assets, and criticized for overpaying Goldman Sachs Group Inc. to manage its bond sales.

1MDB flirted with default when it missed a loan repayment late last year and eventually settled it in February. It announced plans the same month to wind down, with asset sales or an initial public offering of its energy unit, and the spinning off of its property businesses. Its purpose was to serve as a catalyst for projects of strategic importance, it said Feb. 18, and it’s “achieved this.”

The auditor-general has been probing 1MDB’s finances since March. It is set to hand its interim report on Thursday to a parliamentary committee. Continue reading “Malaysia Premier Najib Under Fire: What You Need to Know”

By Martin Jalleh

Datuk Seri Najib Razak should heed the advice of his former mentor, former Deputy Prime Minister, Tun Musa Hitam that he should go on leave as Prime Minister pending investigation into the Wall Street Journal report and allegation of US$700 million (RM2.6 billion) deposited into his personal accounts in AmBank within to weeks of the dissolution of Parliament on 3rd April 2013 and his role and involvement in the RM42 billion 1MDB scandal.

Najib had accused former Prime Minister Tun Mahathir of “working hand in glove with foreign nationals” in “a concerted campaign of political sabotage to topple a democratically-elected Prime Minister”, but Najib cannot make such an accusation against Musa.

In an exclusive interview with The Malaysian Insider, Musa said Najib has three options: (I) to remain in office and fight the allegations; (ii) resign as Prime Minister; and (iii) go on leave pending investigations by a special government task force.

Musa personally would prefer if Najib takes the third option to allow for an open and transparent investigation, as he holds dear to the legal maxim that one is innocent until proven guilty and this applies to Najib. Continue reading “Najib should heed Musa Hitam’s advice and immediately go on leave as Prime Minister pending investigation by an independent commission of inquiry”

by V. Anbalagan
The Malaysian Insider
10 July 2015

Embattled Prime Minister Datuk Seri Najib Razak has three options to consider for his immediate future as he wards off allegations that US$700 million (RM2.67 billion) was transferred into his personal bank accounts, Tun Musa Hitam told The Malaysian Insider.

The former deputy prime minister said Najib could: 1) remain in office and fight the allegations, 2) resign as prime minister and, 3) go on leave pending the investigations by a special government task force.

On a personal note, Musa said he would prefer it if Najib took the third option to allow for an open and transparent investigation.

Speaking exclusively to The Malaysian Insider yesterday, the 81-year Musa said he could no longer sit quietly as the issue gripped the nation. Continue reading “Going on leave best of 3 options for Najib, says Musa Hitam”

By Kee Thuan Chye
Malaysiakini
Jul 9, 2015

COMMENT A few things related to the Wall Street Journal’s expose of 1MDB funds having been deposited into Prime Minister Najib Razak’s private AmBank accounts are becoming clearer.

Najib has not denied that he received the US$700 million (RM2.66 billion). And that is very telling. Instead, he is constantly harping that he did not use the money for his personal interest.

He could be telling the truth there because the bulk of the money might have been used to finance Barisan Nasional’s campaign during the 13th general election (GE13) in May 2013.

But even so, it is wrong for him to receive the public funds – if he did receive them. It constitutes a crime. That is the main issue of the case. But he has not addressed it.

That is the issue that the special task force set up to investigate the scandal should focus on. But Najib has announced that the scope of the investigation is only to determine whether he misappropriated the funds for his own use. And this is the same line he is taking with WSJ. Continue reading “Najib, Misappropriation is Not the Main Issue”

by Bakri Musa
[email protected]
Jul 79, 2015

Every group of humans whether dwelling in the same cave or working for the same corporation must share some common goals, values, and worldview, as well as everyday routine practices. This is what culture means; it is the social glue that binds the members together and differentiates them from others. Far from being society’s oppressor, culture is its savior.

The human baby is not born a carnivorous hunter or a vegetarian ascetic anymore than it is born an Aryan or Chinese. The baby may have Aryan characteristics (sharp nose, blond hair, and blue eyes) or that of a Chinese (moon face, jet black hair, and epicanthic folds) but those features do not make what it will be. Whether that baby will turn out to be a proud bearer of a swastika or marches the streets waving Mao’s Little Red Book depends upon the culture in which it has been raised.

Tune to BBC News. If you close your eyes you would assume the announcer to be a lithe English lassie. Look at the screen and your preconceived images would be shattered for behind that flawless British voice might be a lady of African descent or a Semitic-looking Arab woman, minus the purdah of course. Continue reading “Excerpt 7: Culture Is Internally Consistent”

Thd Malaysian Insider
9 July 2015

Bekas setiausaha agung PKR Datuk Saifuddin Nasution Ismail mendedahkan Datuk Seri Anwar Ibrahim dikasari individu dipercayai presiden PAS Datuk Seri Abdul Hadi Awang ketika mahu membincangkan kemelut menteri besar Selangor tahun lalu.

Walaupun tidak menyatakan identiti Hadi secara langsung, Saifuddin mengimbas peristiwa ketika dirinya menemani ketua umum PKR berjumpa dengan individu terbabit untuk mengadakan perbincangan.

“Masih ingat saat aku menemani Datuk Seri Anwar berjumpa dengannya. Bagaimana Datuk Seri Anwar diaibkan dengan bahasa yang cukup kasar,” katanya dalam status Facebook hari ini.‎

Perbincangan itu dipercayai merujuk kepada ‎pertemuan singkat Anwar dengan Hadi di Terengganu untuk menukar jawatan menteri besar Selangor yang ketika itu disandang Tan Sri Abdul Khalid Ibrahim. Continue reading “Bekas setiausaha agung PKR dedah Anwar dihina ketika krisis Selangor”

By Malaysiakini Team
Jul 9, 2015

On July 3, The Wall Street Journal (WSJ) dropped a bombshell on Malaysians by claiming that nearly US$700 million (RM2.6 billion) somehow made its way to bank accounts allegedly owned by our prime minister.

Given the complexity of the issue, Malaysiakini has compiled a series of questions sourced from our readers as well as our newsroom, and attempts to answer them.

1. What exactly was the WSJ report about?

The report claims that an ongoing probe by Malaysian investigators have traced nearly RM2.6 billion being transferred into what they believe to be Prime Minister Najib Abdul Razak’s personal bank accounts.

2. Are the accounts really owned by Najib?

The WSJ report does not say this with certainty. They note that remittance documents show account numbers, but does not name Najib.

However, they are in possession of flow charts, purportedly obtained from Malaysian investigators, which attributed the accounts to Najib.

Whistleblower website Sarawak Report, which published a similar report on the same day as the WSJ, claimed that the accounts – bearing the name AmPrivate Banking-1MY, AmPrivate Banking-MY and AmPrivate Banking-MR – indeed belonged to Najib.

3. Has Najib explicitly denied owning the accounts?

No.

4. Has Najib explicitly denied that the transactions took place?

No. Continue reading “FAQ on WSJ’s money trail exposé”