Posted on by Kit

RM50 billion 1MDB scandal is equivalent to 100 years of Kelantan’s annual state budget

The Kelantan Amanah Chairman, Datuk Wan Abdul Rahim Wan Abdullah tells me that the annual budget for the Kelantan state is about RM500 million a year.

This would mean that the RM50 billion 1MDB scandal is equivalent to 100 years of Kelantan’s annual state budget – an indication of the enormity and magnitude of the nation’s first global financial scandal and why it is imperative that the Prime Minister, Datuk Seri Najib Razak who is also the Finance Minister should accept immediate and full responsibility and accountability for the worst case of public governance in almost six decades of the nation’s history.

The 1MDB global scandal would be a leading issue in the Sungai Besar and Kuala Kangsar parliamentary by-elections, with the nomination date fixed for June 5 and polling on June 18.

PAS contested on behalf of Pakatan Rakyat in both constituencies in the 13th GE in May 2013, with the PAS candidate losing by 399 votes in Sungai Besasr and 1,082 votes in Kuala Kangsar.

PAS candidates in the by-election in Sungai Besar and Kuala Kangsar will not get more votes in either constituency in the 2013 general elections, as their votes can only be lower, as PAS has alienated considerable segment of voters in both constituencies and is no more a Pakatan Rakyat component party.

The 2013 General Elections results would not be a reliable indicator of the voting trends for the PAS candidates in Sungai Besar and Kuala Kangsar, as the 2004 General Elections would be a more correct reflection.

In the 2004 General Election, the PAS candidate in the Sungai Besar constituency lost by a majority of 7,349 votes, securing 33.1% of the votes cast.

In Kuala Kangsar in the 2004 general election, the PAS candidate lost by a majority of 5,557 votes securing 32.9% of the votes cast.

These 2004 election statistics would be more relevant than either the 2008 or 2013 figures, which have to be taken into consideration if the primary objective is to consider how best to win the two by-elections to deliver a major setback for Najib with the 1MDB scandal as the major theme in the two by-elections.

As the Pakatan Harapan Presidents’ Council has to take a final decision on the two by-elections, let us wait for its decision.

(Speech at the Parti Amanah dinner at Tok Bali, Pasir Puteh on Friday, 13th May 2016 at 9.30 pm)

4 Replies to “RM50 billion 1MDB scandal is equivalent to 100 years of Kelantan’s annual state budget”

  1. So Azmin is arguing that PKR should contest one and PAS the other because PAS will not oppose, right? Trailing PAS votes would go to UMNO. PKR would still lose. This is exactly why half measures makes no sense. Amanah must contest and both UMNO and PAS will split their voters allowing Amanah to win.

  2. So, U think PAS would care “RM50 billion 1MDB scandal is equivalent to 100 years of Kelantan’s annual state budget”

    NO lah, PAS only care abt AFTER LIFE n all d promised n@ked vir G!ns

    Yes, d dynamics had changed 2 PRE 2008 situation
    UmnoB/BN veri happy abt dis, veri confident SURE big win 1

    Just let PAS, DAP, PKR, Amanah blow their respective trumpets n political ideals, mutilate / exterminate / f@rk each other
    Enuf rope oredi 2 hang themselves
    NO need 2 come out with more exposing sekx videos

    In Selangor, U expect voters 2 think highly of d @rse hole A’min after his blardi coCki decision in Sarawak?

    D underground betting shops r ever ready 2 take bets anytime, any amount if u want 2 bet 4 win by a non-UmnoB/BN party in d coming 2 buy erections

    In fact, after d 2 buy erections, dat coCk 那鸡 might b so happy n confident with d 1-sided victory results (like those in Sarawak) dat he might call 4 a snap GE 2 WIPE OUT / annihilate DAP, PKR, PAS, Harapan

    Dat coCk 那鸡 will b remembered as d most brilliant n decisive UmnoB leader of all times

  3. Great Kit, keep trying to make 1MDB fraud, simple for the kampong folks and Felda folks to understand. We must see how to get that message to the rural folks.
    We must tolerate the rantings of “boh liao”, so that he can appreciate what free press is, and realise that it is something that DUMNO will never allow.

  4. Oh good! You have expressed that 50B loss in terms of the Kelantan budget. Now express the same amount in terms of General Hospitals. My uninformed guess is that you can build and run three GH (K.L.) size hospitals for a hundred years, with patients paying merely 50sen as registration fee. Box me on the nose if I am wrong.

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