Prime Minister, Datuk Seri Najib Razak has achieved world-class notice for Malaysia which none of the five previous Prime Ministers, including his father Tun Razak, had ever done in five decades – international notoriety as one of world’s top countries infamous for global corruption.
Wherever one goes in the world, Malaysia is now equated with the notorious and infamous RM55 billion 1MDB scandal – which has been described last week by the international financial news agency, Bloomberg, as one of the “world’s biggest financial scandals”.
Everybody knows that the RM55 billion 1MDB scandal is huge, but how huge is it?
I myself cannot fully envisage how astronomical is RM55 billion and I believe that 99% of Malaysians cannot imagine how huge is RM55 billion!
How many zeroes do we have in our bank accounts? RM100 is two zeroes, RM1,000 is three zeroes, RM10,000 is four zeroes and RM100,000 is five zeroes.
The overwhelming majority of Malaysians will not even have five zeroes in their bank accounts, even if they have property or assets worth five zeroes.
Having bank accounts of more than six zeroes (millionaires) will be beyond the reach of ordinary Malaysians, but RM55 billion or RM55,000,000,000 is to have 10 zeroes – a completely unthinkable sum of money.
Hidden in the RM55 billion 1MDB scandal is Najib’s RM4.2 billion “donation” scandal, and I don’t think there is a single leader in the democratic world that believes in democracy, good governance, accountability and transparency who has huge sums of money involving nine zeroes deposited into his private banking accounts and refusing to account for them!
The RM55 billion 1MDB scandal is so humongous that if divided among 42,837 voters in Sungai Besar, every voter would get RM1.3 million! Continue reading “RM55 billion 1MDB scandal is so humongous that if divided among 42,837 voters in Sungai Besar, every voter would get RM1.3 million!”