Malaysia’s economic frailty is all too familiar

David Pilling
Financial Times
September 2, 2015

The country is facing comparisons with the 1997 Asian financial crisis

Malaysia is in the middle of a political maelstrom. But the country’s worries do not stop with the scandal affecting Najib Razak, the prime minister. Weak oil prices, a creaking Chinese economy and the prospect of higher US interest rates have all hit Southeast Asia’s third-biggest economy simultaneously. Could this be a re-run of the 1997 financial crisis?

Critics will call such a scenario alarmist. In many ways, Malaysia appears to be in better shape than it did before the last Asian financial crisis. It has had consistent current account surpluses, as opposed to deficits in the run-up to 1997. Its foreign exchange reserves, though depleted, are nearly double the four months’ export cover it had in 1996, the year before the precipitous fall of the Thai baht triggered capital flight all over Asia. Malaysia was not the worst affected back then. That honour went to Indonesia. Even so, Malaysia’s economy shrank more than 6 per cent in 1998. Continue reading “Malaysia’s economic frailty is all too familiar”

Anti-graft organisation founder says Najib must come clean on RM2.6 billion donation

by Muzliza Mustafa
The Malaysian Insider
3 September 2015

Another global anti-graft activist piled pressure on Prime Minister Datuk Seri Najib Razak to come clean on the RM2.6 billion donation in his personal bank accounts, saying the “delay tactics” used to obstruct investigations would not work in the long run.

Transparency International (TI) co-founder Michael J. Hershman said Najib’s inability to address questions about the donation had affected the prime minister’s credibility.

“My advice to the prime minister would be not to cover up, not to obstruct justice because it doesn’t work.

“Tell the truth about where did the money come from and address the accusation. And if he did something wrong, then asked for forgiveness and face the consequences,” Hershman told the audience at the 16th International Anti-Corruption Conference (IACC), which Malaysia is hosting.
He said that such delays would not make the allegations go away.

“The truth will come out and in my experience the sooner it comes out the better it is for the accused and for the country,” he added.

Hershman said the explanations given so far were not good enough. Continue reading “Anti-graft organisation founder says Najib must come clean on RM2.6 billion donation”

Is Malaysia’s parliamentary democracy “one of a kind” in the world where no-confidence motion is not allowed?”

Malaysia is now the daily staple of international news – with at least four items of international news yesterday, viz:

• AP Report: “Anti-graft group: Malaysian PM must explain $700M in account”;

• New York Times report: “Switzerland Investigates Fund Executives in Malaysian Corruption Case”;

• Economic Times: “Fitch warns of downgrade risk in Malaysia’s rating outlook” and

• BBC: ”Malaysia police to question former PM Mahathir over rally”.

All these international attention are not for Malaysia’s edification but only contribute to Malaysia’s disrepute and demonization in the global community – to the great pain and sorrow of Malaysian patriots locally and internationally.

An item which will pique international interest is the issue of no-confidence motion against the Prime Minister, Datuk Seri Najib Razak in Parliament – which will be unprecedented in Malaysian history, whether finally moved or otherwise. Continue reading “Is Malaysia’s parliamentary democracy “one of a kind” in the world where no-confidence motion is not allowed?””

Singapore and Malaysia on diverging election paths

by Greg Earl
Australian Financial Review
Sep 2 2015

The idea of Singapore founder Lee Kuan Yew breaking into tears when he announced the city’s separation from Malaysia 50 years ago is now as much a part of the country’s foundation ideology as its lack of natural resources.

It has been both celebrated during this year’s 50th anniversary and disputed by those who think Lee was a cynical politician not unhappy to be carving out some space from the Malay world.

But one thing is certain as Singapore prepares for an election next week: few people are shedding any tears about being separated from the political train wreck underway across the border. Continue reading “Singapore and Malaysia on diverging election paths”

1,000 IACC delegates from 130 countries should send instant mass signature petition to Najib to attend 16th IACC to come clean on the “two elephants in the room” – the RM50 billion 1MDB and RM2.6 billion “donation” scandals

OPEN LETTER To Transparency International President and 1,000 delegates to 16th International Anti-Corruption Conference (IACC) by DAP Parliamentary Leader and MP for Gelang Patah Lim Kit Siang in Kuala Lumpur on Thursday, September 3, 2015:

Transparency International President Jose Ugaz made a powerful speech at the opening of the 16th International Anti-Corruption Conference (IACC) yesterday when he said Malaysia’s commitment towards fighting corruption cannot be taken seriously as long as it did not provide answers to the RM2.6 billion “donation” to the Malaysian Prime Minister, Datuk Seri Najib Razak’s personal banking accounts – who paid the money, why and what happened to it.

Harkening back to the mottos of Malaysia’s founding father, Tunku Abdul Rahman, on “Independence and freedom” and “honesty and integrity”, Ugaz referred to the “corruption crisis” in Malaysia and said:

“As a global anti-corruption movement it is our role to ask questions, to challenge those who abuse their power, to champion those who cannot speak and to engage with those who sincerely wish to change.

“Let us recall those two words – honesty and integrity.

“What does that mean for Malaysia? Continue reading “1,000 IACC delegates from 130 countries should send instant mass signature petition to Najib to attend 16th IACC to come clean on the “two elephants in the room” – the RM50 billion 1MDB and RM2.6 billion “donation” scandals”

Malaysia police to question Mahathir Mohamad over rally

Michael Peel in Putrajaya
Financial Times
2nd Sept 2015

Mahathir Mohamad, Malaysia’s influential former prime minister, faces questioning by police as tensions deepen over his efforts to topple his scandal-hit successor Najib Razak.

Authorities have also called in leaders of a 34-hour street protest last weekend against Mr Najib after the government declared the rally illegal.

The targeting of people associated with the demonstration, which Mr Mahathir attended, comes as Mr Najib fights allegations of corruption over mysterious payments of more than $675m into bank accounts in his name.

The prime minister and the country’s anti-graft commission say the money came from an anonymous Middle Eastern donor, rather than Malaysian state funds.

Malaysian police said Khalid Abu Bakar, inspector-general, would take a statement from Mr Mahathir, who at the rally called for a “people’s power” movement to oust Mr Najib. Continue reading “Malaysia police to question Mahathir Mohamad over rally”

Switzerland Investigates Fund Executives in Malaysian Corruption Case

By NICK CUMMING-BRUCE
New York Times
SEPT. 2, 2015

GENEVA — The Swiss authorities said on Wednesday that they had started a criminal investigation of two executives of a Malaysian state investment fund at the center of a corruption scandal that has led to calls for Prime Minister Najib Razak of Malaysia to resign.

The Attorney General’s Office in Switzerland also said it had frozen bank account assets amounting to tens of millions of dollars in relation to the case, but declined to give details.

The office said it was investigating two executives of 1Malaysia Development Berhad, the troubled investment fund also known as 1MDB, and other “person(s) unknown” over a series of offenses, including money laundering, corruption of foreign officials and suspected misconduct in public office.

Investigators are “analyzing and consolidating the evidence,” Anna Wegelin, a spokeswoman for the Attorney General’s Office, said Wednesday. Continue reading “Switzerland Investigates Fund Executives in Malaysian Corruption Case”

Malaysia’s anti-corruption efforts undermined by questions about scandal: corruption fighter

BY ASTRID ZWEYNERT
Reuters
2nd Septemnber 2015

PUTRAJAYA, Malaysia (Thomson Reuters Foundation) – Malaysia’s commitment to fighting corruption cannot be taken seriously as long as it does not explain how millions of dollars ended up in Prime Minister Najib Razak’s bank account, the head of the world’s largest anti-graft organization said on Wednesday.

Jose Ugaz, chair of Transparency International, said Malaysia had taken many measures and initiatives to tackle corruption but that none of its claims to tackle corruption would be credible until it provided answers to the finance scandal.

“We want to see more progress but that cannot happen while there are unanswered questions about the … millions that made its way into the prime minister’s personal bank account,” Ugaz told the International Anti-Corruption Conference. Continue reading “Malaysia’s anti-corruption efforts undermined by questions about scandal: corruption fighter”

The irony of Najib’s ‘1Malaysia’

Mariam Mokhtar
Malaysiakini
Aug 31st, 2015

Sweet irony. In the end it was Najib Abdul Razak’s ‘1Malaysia’ which united Malaysians from all over the globe to stand in solidarity with fellow Malaysians back home, and demand his resignation.

From the most unlikely places like Guernsey, to South America, a diver sporting a Bersih poster whilst scuba diving in Indonesia, a skydiver with his yellow paraphernalia and small towns which are traditional strongholds of Umno Baru, like Kuala Lipis.

The Malaysians, young and old, rich and poor, answered the appeal made by Maria Chin Abdullah of Bersih 2.0, to show their support for their demand for good governance and clean elections.

The worldwide movement of dissenting Malaysians proved four things:- Continue reading “The irony of Najib’s ‘1Malaysia’”

Boikot Bersih 4: PAS untung atau rugi?

Mohsin Abdullah
The Malaysian Insider
2 September 2015

Akar umbi Umno pun tidak marah Tun Dr Mahathir Mohamad hadir pada perhimpunan Bersih 4. Itu menurut berita yang disiarkan The Malaysian Insider.

Sebabnya – mereka terima “penjelasan “ Dr Mahathir yang bekas presiden mereka bukan sokong gerakan Bersih secara khusus tetapi kerana beliau menyokong rakyat.

Maknanya Dr Mahathir melihat rakyat menyebelahi atau bersama gerakan Bersih. Sekali gus tuntutan Bersih adalah tuntutan rakyat. Boleh disimpulkan begitu?

Jika boleh, persamaannya (berdasarkan hujah Dr Mahathir) ialah Bersih = rakyat. Satu “equation” yang boleh membimbangkan pucuk pimpinan Umno
kerana “akar umbi setuju with such an equation”.

Dan dalam konteks PAS pula – adakah ketidakhadiran parti itu pada perhimpunan Bersih kali ini membawa erti parti itu “tidak bersama rakyat”? Continue reading “Boikot Bersih 4: PAS untung atau rugi?”

16th IACC – the climax that became the nadir of Najib’s six-year anti-corruption campaign with “two elephants not one in the room”

The 16th International Anti-Corruption Conference (IACC) was meant to the high-water mark of Prime Minister Datuk Seri Najib Razak’s six-year anti-corruption campaign and show-case Najib as one of the exemplary global leaders spearheading a transformation programme with anti-corruption as one of its core objectives.

It has however turned out to be the nadir of Najib’s premiership in transparency, good governance and anti-corruption with “two elephants not one in the room”, resulting in the embarrassing and disgraceful last-minute decision by Najib to pull out from officiating at the IACC opening, for fear of “hostile” reception from the 1,000 delegates from 130 countries attending the conference.

Imagine some 1,000 delegates from 130 countries attending an international conference turning “hostile” against the head of government of the host country!

Unthinkable! Unimaginable! Continue reading “16th IACC – the climax that became the nadir of Najib’s six-year anti-corruption campaign with “two elephants not one in the room””

Call on all political leaders to set an example as leaders for all Malaysians to deplore all actions which could provoke inter-racial and inter-religious discord and disharmony and to end all politics of race-baiting in country

he time has come for all political leaders to set an example as leaders for all Malaysians to deplore all actions which could provoke inter-racial and inter-religious discord and disharmony and end all politics of race-baiting in the country.

DAP leaders and I have no hesitation in deploring the incident where two Bersih 4 rally participants stomped on the picture of the Prime Minister, Datuk Seri Najib Razak and the PAS President Datuk Seri Abdul Hadi Awang, for this is not the political or civic culture we want to see in Malaysia.

This is not a stand which I had only taken now, but which has always been my guiding principle in Malaysian politics which in three months’ time on Dec. 1 will mark my full 50 years of political involvement.

This is also not the first time where the DAP had been blamed for something which had nothing to do with the party.

For instance, in January 2014, Penang UMNO staged a gangsterish and most racist demonstration against the DAP in response to a kangkung-theme flash mob event against the Prime Minister, stuffing kangkung into the mouth of Najib’s effigy.

The Penang UMNO demonstration was a most irresponsible, incendiary and seditious incitement of racial and religious hatred, tensions and conflict, threatening with the rhetorical question: “Does DAP want another May 13” and carried the most blood-curdling racist and religious slogans and banners, even with one banner in blood red with the screaming words:“Because of DAPs leaders mouth, May 13, 1969 happened…Want some more?” and other inflammatory banners like “ABCD – Asal Bukan Cina DAP” and “DAP is the enemy of Islam”.

The problem was that the DAP had nothing to do with the kangkung flash-mob event, and I myself was shocked at the stuffing of kangkung into the mouth of Najib’s effigy, as I regarded it as offensive and knew that it would be distorted and manipulated by irresponsible elements to further incite and inflame emotions, even trying to racialise it as an attack by the Chinese against a Malay Prime Minister.

This is of course a great fallacy because Najib is not a Malay Prime Minister but Prime Minister for all Malaysians, but such distinctions would not stop racists and extremists from fomenting racist responses – as is even happening now over the Bersih 4 rally.

At the time, I did not keep my views private but went on public record that I disapproved and deplored such an action.

The worst example of such irresponsible race-baiting are the lies – which are still being spread on social media – accusing me of being the cause of the May 13 , 1969 riots in Kuala Lumpur, that I had led anti-Malay processions through the streets of Kuala Lumpur shouting anti-Malay slogans and hurling anti-Malay insults resulting in the May 13 riots when I was not even in Kuala Lumpur at the time. I was in Kota Kinabalu to campaign for independent candidates as polling day in Sabah was scheduled to be held after the voting in Peninsular Malaysia.

In my nearly 50 years in politics, I have never stepped on the photograph of any political leader. Continue reading “Call on all political leaders to set an example as leaders for all Malaysians to deplore all actions which could provoke inter-racial and inter-religious discord and disharmony and to end all politics of race-baiting in country”

What’s next after Bersih 4?

― Dan Lee
Malay Mail Online
September 1, 2015

SEPTEMBER 1 ― We have just had our biggest street party to usher in Merdeka Day and a 34-hours-long carnival to celebrate democracy in Malaysia. The excitement of those who pulled on their yellow t-shirts and accessories is still visible as many have written to talk about the whole adventure they had and the sense of unity they experienced with the crowd. My question is ― What’s next?

Bersih 4 was meant to unite Malaysians who are like-minded and passionate to ensure our beloved nation is free from corruption and injustice, as well as to demand for a clean government who will put the interest of the Rakyat first. Let us build on this unity of love and passion for this nation and her people, and not divide the nation by skin colour or political affiliation, or worse still, by t-shirt colours. We, who have been to Bersih 4 should never think of ourselves more highly or more patriotic than those who didn’t, for we do not know their reasons. Let us not divide our nation between us and them, who have been to Bersih 4 and not, who wore yellow or not, or who supports Bersih 4 or not. Continue reading “What’s next after Bersih 4?”

Parti baharu dalam arus perdana

A Shukur Harun
The Malaysian Insider
1 September 2015

Penubuhan parti baharu di mana namanya akan diumumkan tidak lama lagi, iaitu anak kandung NGO Gerakan Harapan Baru (GHB) secara rasmi diumumkan semalam, bertepatan pada Hari Kemerdekaan 31 Ogos, tentunya mempunyai makna yang penting.

Pertamanya kerana ia didahului perhimpunan Bersih 4 yang mendapat sambutan luar biasa rakyat pelbagai kaum dan agama. Walaupun semuanya ini secara kebetulan, tetapi parti baharu ini memang mendukung cita-cita Bersih yang mahukan pilihan raya bersih, memperjuangkan demokrasi dan kebebasan serta keadilan.

Kedua, kelahirannya pada Hari Kemerdekaan, seperti suatu isyarat parti baharu ini sewajarnya mendukung sepenuhnya aspirasi kemerdekaan tanah air dengan segala maknanya. Continue reading “Parti baharu dalam arus perdana”

Why so few Malays in Bersih 4?

Wong Chin Huat
Malaysiakini
Aug 30th, 2015

COMMENT The question most frequently asked on Bersih 4 is, why are they so few Malays?

I don’t buy the two most common answers: first, PAS does not participate and Harapan Baru does not have the clout; second, Malays are worried of violence and chaos.

For me, the answer is straightforward: the Malays feel politically vulnerable because three main Malay-based parties – first PKR, then PAS, now Umno – are split while the Chinese are seemingly so united behind the opposition especially DAP.

To discourage the Malays to join Bersih 4, one may just need to warn them, if Malays join in enthusiastically, then not only Najib Abdul Razak will go, Umno will lose power, too, and the now politically assertive Chinese will dismantle the New Economic Policy (NEP) and weaken Islam.

Against this backdrop, even if PAS has mobilised, Malay turnout will still be weak because of this anxiety. And ‘violence and chaos’ cited in the Merdeka Center survey is but the code word for the collapse of Umno’s one-party state.

Will I blame our Malay friends who don’t join us? Of course no. Everyone has every right to want the country to be cleaner, freer and more democratic. That needs not have anything to do with ethnicity or religion.

I will not even blame them on their anxiety. Can people force themselves to not be anxious?

Simply because the dismantling of Umno’s one-party state is a colossal change, all of us need a soft landing, not only the Malays who have been told that they will be ‘bangsat’ without Umno. Continue reading “Why so few Malays in Bersih 4?”

Can we move forward with Bersih 4?

P Ramasamy
Malaysiakini
Sep 1st, 2015

COMMENT The massive Bersih 4 rally that took place in the heart of Kuala Lumpur on on Aug 29 and 30 can be described as tremendous success considering the number of people who took part in it.

It is estimated about 500,000 people were involved and many spent the night sleeping on sidewalks and pavements. Bersih also took an international profile, with similar rallies held in some of the cities worldwide.

Yes, Bersih succeeded in highlighting its objectives of: reforming the corrupt and decadent electoral system, reviving institutions that have become defunct and most importantly, the removal of Prime Minister Najib Abdul Razak for his involvement in massive corruption related to the disbursement of 1MDB funds.

Unlike earlier Bersih movements, this time there were no untoward incidents involving the police or other law enforcement agencies. The police were surprisingly well-behaved and disciplined.

The actual Bersih rally is over, at least for the time being. Whether Bersih 5 will take place or not will depend on the whether the government takes initiatives to speed up reforms in the country.

Of course, the hardest thing will be to expect Najib to resign from his post. There are no indications that Najib will resign from the pressure exerted by Bersih. Continue reading “Can we move forward with Bersih 4?”

Bersih 4 and 1MDB: Cleansing Malaysia and cleaning out Malaysia

— Koon Yew Yin
Malay Mail Online
August 31, 2015

AUGUST 31 — Two big issues have taken up the national attention during the past few weeks. One is the Bersih rally or what can be called the cleaning of Malaysia organised by civil society activists. The second is the 1MDB scandal which can be called the cleaning up of Malaysia organised by Putrajaya.

The first one cost taxpayers — or rather donors —several millions of ringgit. Though the full accounts are not in yet, we know that thousands of ordinary Malaysian dipped into their own pockets to pay for this activity. Much of the money is in small change – tens to hundreds of ringgit. The funds will be used to defray the costs of organising rallies held throughout the country to demand the cleaning up of our political system as well as to save our economy. The objectives of Bersih 4 in summary are as follows:

Clean Elections (#PilihanrayaBersih);
Clean Government (#KerajaanBersih);
Save Our Economy (#SelamatkanEkonomi); and
Right to Dissent (#HakMembantah). Continue reading “Bersih 4 and 1MDB: Cleansing Malaysia and cleaning out Malaysia”

The Sarawak Bersih 4 fiasco

Dr Kelvin Yii
Malaysiakini
1st September 2015

The Bersih 4 rally has been catching headlines for the past few days with the crowd in KL swelling to a record number reportedly at 500,000 over the weekend, an unprecedented amount of people willing to stretch it out for 34 hours and sleep on the streets to protest against the corrupt regime as well demand for clean and fair elections, among others.

This commands great pride for me and many other Malaysians who are sick and tired of how corruption and bad governance has wrecked our country. I as a Sarawakian have seen and experienced how corruption and money politics have ravaged our state, and oppressed our people.

The urging for Bersih wasn’t a foreign agenda, neither was it a Malayan concept. We in Sarawak need it more than ever, to stand up against corruption, electoral fraud and bad governance that has left Sarawak as one of the least developed state even though we blessed with the abundance of natural resources.

So I was really devastated reading the news on how Sarawak Bersih 4 turned out and was instead used as a platform to attack the different opposition parties. The organisers have since retracted the statement allegedly blaming Sarawak DAP for the premature end of the rally, and claimed they was misquoted, however this did not stop it from being circulated on social media and blogs, and leaving a bad taste in our mouth. Continue reading “The Sarawak Bersih 4 fiasco”

Bersih 4 was not a feel-good picnic

Kee Thuan Chye
Malaysiakini
1st Sept 2015

COMMENT When Bersih 4 ended at the midnight of Aug 30, it ended on a high note. The rally defied expectations. Those who had thought it would not be able to sustain 34 hours of street protest without experiencing police harassment and violence sparked by agitators were proven wrong.

An incredibly huge crowd celebrated Bersih 4’s success at the grand finale with an impassioned rendering of the national anthem when the clock struck 12.

Mingguan Malaysia accused the rally of having been controlled and dominated by the DAP. That’s utter bullshit. The DAP could not possibly command this kind of turnout on any given day.

In saying so, the pro-Umno newspaper also insulted the rally’s organisers, Bersih 2.0. It denied them the credit of having done a marvellous and exceptional job of putting together the event and making sure it remained peaceful. Continue reading “Bersih 4 was not a feel-good picnic”

Najib should not set a negative tone for the 16th IACC on “Ending Impunity: People. Integrity. Action” by last-minute pull-out which is tantamount to defiant declaration that Impunity is Order of the Day in Malaysia

Just checked the official website of the three-day 16th International Anti-Corruption Conference (IACC) on “Ending Impunity: People. Integrity. Action” in Putrajaya from tomorrow till Friday.

The Prime Minister, Datuk Seri Najib Razak is still in the distinguished guest-list for the Opening Ceremony, which includes Datuk Paul Low, Minister in the Prime Minister’s Department, Tan Sri Kassim Mohamed, MACC Chief Commissioner, Akere Muna, IACC Chair, Datuk Akbar Satar and President of Transparency International Malaysia, Jose Ugaz Chair of Transparency International.

Despite Najib’s last-minute pull-out from the opening ceremony and delivery of a key-note address for the 16th IACC, will Najib have a last-minute change of plan to honour his earlier promise to open the 16th IACC together with a key-note address?

Ironically, Najib’s absence because of the last-minute pull-out will be the most momentous event at the 16th IACC, overshadowing all the speeches to be delivered, for it would in fact set the negative tone for the international anti-corruption conference on “Ending Impunity: People. Integrity. Action” – as his pull-out and absence will be tantamount to a defiant declaration to IACC and the international community that Impunity is the Order of the Day in Malaysia!

Najib’s absence will be as good as throwing down the gauntlet to the IACC and the international community that they could congregate for impotent global conferences of ending impunity among top leaders in the battle against corruption, but what could they do when a head of government like him defies them and act with utter impunity despite the swirling rumours and allegations about “grand corruption”, or specifically in his case, the RM50 billion 1MDB (according to Tan Sri Muhyiddin Yassin his last speech as Deputy Prime Minister to the Cheras UMNO Division on July 26) and the RM2.6 billion “donation” twin finance scandals. Continue reading “Najib should not set a negative tone for the 16th IACC on “Ending Impunity: People. Integrity. Action” by last-minute pull-out which is tantamount to defiant declaration that Impunity is Order of the Day in Malaysia”