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How can the Education Ministry claim that Malaysia has achieved higher scores in PISA 2015 when PISA 2015 authorities have dropped and de-recognised Malaysia’s results from the OECD “world school report”?

I am amazed as to how the Education Ministry can claim that Malaysian students had registered better scores in mathematics, science and reading according to the latest Programme for International Student Assessment (PISA) 2015 results announced in London yesterday, when PISA 2015 authorities have dropped and derecognised Malaysia’s results from the OECD “world school report” in this triennial test, for reasons which have yet to be disclosed.

It is completely unthinkable that the Education Deputy Director-General Datuk Dr. Amin Senin could announce Malaysia’s results for the PISA 2015, claiming better scores in all three PISA domains, scientific literacy, reading literacy and mathematical literacy, when Malaysia was the only one of the 72 countries/economics which took part in the PISA 2015 tests last year but which had been dropped from the PISA 2015 results released yesterday.

The Education Ministry should know why Malaysia had the dishonour and ignominy of being the only one of the 72 participating countries/economies to be dropped and derecognised from the PISA 2015 results announced in London yesterday as well as from the PISA 2015 Report and the Education Ministry owes it to the Malaysian people, and in particular to the 9,660 Form III students from 230 schools and involving 5,750 teachers and 230 administrators who were selected to participate in the PISA 2015 tests, to reveal why Malaysia had been officially dropped and de-recognised from the PISA 2015 tests after Malaysian students had participated in the programme last year. Continue reading “How can the Education Ministry claim that Malaysia has achieved higher scores in PISA 2015 when PISA 2015 authorities have dropped and de-recognised Malaysia’s results from the OECD “world school report”?”

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14th GE likely to be after 60th National Day celebrations in September as Najib would want to secure a first conviction for Guan Eng to disqualify him from standing as a candidate for next general election and to stop him from continuing as Penang Chief Minister

With the news that the Penang High Court had fixed 34 days next year for the corruption trial of DAP Penang Chief Minister, Lim Guan Eng, most Malaysians would have wondered how many days would have to be set aside if the Prime Minister, Datuk Seri Najib Razak had been charged locally for kleptocracy for the multi-billion dollar international 1MDB embezzlement and money-laundering scandal which is the subject of investigations in at least six countries, including Switzerland, Singapore, Abu Dhabi and the United States.

When Guan Eng was subjected to a three-day interrogation spanning some 23 hours by the Malaysian Anti-Corruption Commission (MACC) in May this year in connection with the corruption allegations about the discount over his RM2.8 million bungalow, it was calculated that if Najib had been given the same MACC treatment as Guan Eng for his RM4.2 billion “donation” scandal, the Prime Minister would be questioned for over 12 years by the MACC.

This is because Najib’s RM4.2 billion “donation” scandal is 1,500 times greater than Guan Eng’s RM2.8 million bungalow allegation, and if Najib is given the same MACC treatment as Guan Eng where the Penang Chief Minister was questioned for three days, Najib will have to be questioned 1,500 x 3 days, yielding 4,500 days. This works out to 12.3 year! Imagine Najib going in and out of MACC office to be questioned for 12 years and four months, from wake-up in the morning to retirement for sleep at night, and doing nothing else!

Similarly, if 34 days are set aside for Guan Eng’s corruption trial, then 34 x 1,500 = 52,500 days (or 143.8 years or more than two lifetimes for Najib) would have to be set aside if there is a kleptocracy trial for Najib in a Malaysian court!

The dates set for Guan Eng’s corruption trial are an important indicator for the 14th General Election as Najib would want to secure a first conviction for Guan Eng to disqualify him from standing as a candidate in the 14th general election and to stop him from continuing as Penang Chief Minister. Continue reading “14th GE likely to be after 60th National Day celebrations in September as Najib would want to secure a first conviction for Guan Eng to disqualify him from standing as a candidate for next general election and to stop him from continuing as Penang Chief Minister”

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Election Warning Shot Sounded: Is the Opposition Prepared?

Koon Yew Yin
7th Dec 2016

It is said that a picture is worth a thousand words. There were two photos which came out in the media during the last few days which are worth at least two thousand words if not many more .

The first shows UMNO President sitting side by side with Dato Seri Awang Hadi, President of PAS. Although they were together at a rally to condemn the violence against the Rohingya in Myanmar support, the picture of Najib and top Umno leaders sitting shoulder-to-shoulder with Barisan’s long time enemy shows clearly that the union of PAS and UMNO is only a matter of time. Not only that but the two parties are working secretly as well as openly together in their joint attempt to kill off the Malay and Islamic opposition.

This marriage of PAS and UMNO is no ordinary marriage. It is meant purely for both Najib’s and Hadi’s personal advantage. Both leaders have been guilty of the worst possible mistakes and scandals – Najib on 1MDB and Hadi with hudud. Both leaders, in the recent past, have shown that they could not give a damn about the plight of the Rohingyas. However, this time round, they have – in typical hypocritical fashion – decided that it was important for these two who have never shown any love for each other in the past to shower each other with hugs and kisses. Continue reading “Election Warning Shot Sounded: Is the Opposition Prepared?”

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Education Minister Mahdzir Khalid should explain why Malaysia is dropped from PISA 2015 although Malaysian students participated in the OECD assessment for what is described as the “world school report”

Educationists, teachers and politicians had been waiting for the OECD’s PISA 2015 results which had been described as the world’s school report – and Malaysia is no exception, especially as the Malaysian Education Blueprint 2013-2025 had as one of its objectives the elevation of Malaysia into the top one-third of countries participating in international assessments like the Programme for International Student Assessment (PISA) and Trends in International Mathematics and Science (TIMSS).

Like educationists, teachers and politicians all over the countries whose 15-year-old students had taken part in the tests taken by half a million 15-year-olds in 72 countries in maths, reading and science – held every three years – I was waiting this evening for the launch and unveiling of the PISA 2015 results in London at 11 am UK time.

In 2015 over half a million students, representing 28 million 15-year-olds in 72 countries and economies, took the internationally agreed two-hour test. Students were assessed in science, mathematics, reading, collaborative problem solving and financial literacy.

I was shocked and stunned when I combed through the PISA 2015 Report, and could not find Malaysia in the in the world results. Malaysia was the only one of the 72 countries omitted from the PISA 2015 results. Continue reading “Education Minister Mahdzir Khalid should explain why Malaysia is dropped from PISA 2015 although Malaysian students participated in the OECD assessment for what is described as the “world school report””

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Lessons of the Arab Spring for Muslim Southeast Asia

MICHAEL VATIKIOTIS, GUEST CONTRIBUTOR
New Mandala
06 DEC, 2016

Southeast Asians must value the cohesive elements of society, embrace diversity and not allow political differences to destroy the pluralistic fabric of society if they are to avoid the disinetgration and conflict that has ensued from the Arab Spring, writes Michael Vatikiotis.

To understand the comparative success and failures of political transition in Asia and the Middle East, it is important to say from the outset that in neither part of the world has political transition worked very well.

The Arab Spring soon turned into Arab fall and winter, destroying the former countries of Libya, Syria and Yemen and leading to stronger military rule in Egypt. Here in Asia, there has been more of a rolling transition; it started at the back end of the so-called third wave of democratisation in the mid-1970s and ultimately led to the People Power revolt in the Philippines a decade later.

For different reasons and in different ways, this wave of political liberalisation stalled and then got started again after the Asian Financial Crisis in 1997. While Indonesia has undeniably embarked on the path to democracy, it is still regarded as only partly free. Prevailing democracy deficits in the region, suggest that Southeast Asia’s rolling transition still has not completely delivered effective change.

There are lessons each region can learn from the other. And perhaps counterfactually, I tend to think there is more that Asia can learn, specifically Muslim society in Asia, from the Arab context. Continue reading “Lessons of the Arab Spring for Muslim Southeast Asia”

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Call for international inquiries into both ethnic cleansing of Rohingyas in Myanmar and the international 1MDB money-laundering scandal resulting in Malaysia being stamped as a “global kleptocracy”

Malaysians feel deeply hurt when the Prime Minister of Malaysia, whatever our political differences with him, is lampooned and made the butt of jokes internationally, as in the case of Sunday’s UMNO-PAS rally on Rohingyas where the Prime Minister called for foreign intervention to stop the “genocide” of Rohingya Muslims in Myanmar.

Myanmar media and NGOs are lampooning and accusing Najib of using Rohingya rally to divert attention from the 1MDB scandal which had caused Malaysia infamy and ignominy to be regarded world-wide as a “global kleptocracy”, attracting Myanmar reminders that “people living in glass houses shouldn’t throw stones” and that Najib himself had recently told the world with regard to the 1MDB scandal that “the internal affairs of a country should be determined by the people themselves as the formula had been proven successful” and that “Malaysia did not need foreign interference to shape and determine the direction of the country”.

Both Najib and the Myanmese government are wrong, but Najib would not have opened himself as an easy target if Sunday’s Rohingya rally had NOT been organised as a UMNO-PAS rally to win Muslim points but as a humanitarian call by all Malaysians, regardless of race, religion or politics. Continue reading “Call for international inquiries into both ethnic cleansing of Rohingyas in Myanmar and the international 1MDB money-laundering scandal resulting in Malaysia being stamped as a “global kleptocracy””

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A fictitious Pakatan Harapan + PPBM Cabinet line-up to intensify the UMNO Nazi-style “Big Lie” Propaganda offensive against DAP in the run-up to the 14GE

At the recent UMNO General Assembly, the Prime Minister and UMNO President Datuk Seri Najib Razak notched up another octave in the politics of race, hatred and falsehood when he declared DAP as UMNO’s Enemy No. 1 in the forthcoming 14th General Election, declaring that the Malays will have to decide whether to maintain a government led by UMNO or DAP.

This is of course a political fallacy.

Whatever happens in the 14GE, whether Najib is toppled as Prime Minister or UMNO loses the Federal Government, the Malays in Malaysia will continue to exercise political power in the country as there is no way they will lose their political power.

So far, nobody in UMNO and its propaganda apparatus has been able to give a decent reply to the question recently asked by National Laureate Pak Samad as to how Malays would lose political power if UMNO is defeated in a general election.

Pak Samad had found it odd that the Malay community are obsessed over the loss of power to the country’s other minority groups if UMNO loses control of Putrajaya, and how the Malays and Islam could be under threat, and he had asked:

“How are Malays under threat? How can religion (Islam) and Malays be threatened when those in power have been Malays for over five decades?

“What have they (Malay leaders) been doing for five decades (if Malays can be under threat)?”

The demographics in the country is the surest guarantee that the Malays will not lose political power whatever happens to UMNO in the next general election. Continue reading “A fictitious Pakatan Harapan + PPBM Cabinet line-up to intensify the UMNO Nazi-style “Big Lie” Propaganda offensive against DAP in the run-up to the 14GE”

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Reminder to UMNO leaders and strategists that they have yet to accuse the DAP as being funded and directed by the Jews in their baseless onslaught on DAP during the three phases before, during and after UMNO General Assembly

UMNO leaders and strategists have launched a major publicity onslaught on the DAP in the three phases before, during and after the UMNO General Assembly last weekend, an offensive ala-Nazi “Big Lie” propaganda which is not only baseless, but downright vicious, vindictive and vengeful, lies such as:

1. That the 14th General Elections will be a contest between UMNO and DAP;

2. That the DAP is anti-Malay or anti-Islam.

3. The “nightmares” Malay will suffer if UMNO loses power in the next general elections.

But the UMNO “Big Lie” propaganda offensive against DAP is grounded on lies, as evident from the fact that the Prime Minister and UMNO President, Datuk Seri Najib Razak could not find a single instance in my 51 years in politics to show that I am anti-Malay and anti-Islam.

Imagine! 51 years in politics is equivalent to 612 months, 2,652 week, 18,615 days and the very “productive” UMNO leaders and strategists could not unearth a single instance to prove that I am anti-Malay and anti-Islam and yet they continue with their lies and canard that I am anti-Malay and anti-Islam!

As a perfectionist, I hate to see the UMNO propaganda offensive against DAP being run in so sloppy and sub-standard a manner, failing to use all the ammunition that they could muster against the DAP – although they are lies and falsehoods.

For instance, since the launch of the UMNO propaganda offensive against DAP starting with the ferocious but groundless attack by the Johore Mentri Besar Datuk Seri Mohd Khaled Nordin against the DAP in the Johor State Assembly for more than a week, UMNO leaders and propagandists have yet to use one Big Lie against the DAP – that the DAP is funded and directed by Jews!

When will the UMNO leaders and strategists unleash this Jewish missile against the DAP in their vicious but baseless attacks on the DAP? Continue reading “Reminder to UMNO leaders and strategists that they have yet to accuse the DAP as being funded and directed by the Jews in their baseless onslaught on DAP during the three phases before, during and after UMNO General Assembly”

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Najib’s inability to uncover from my 51 years of political life a single instance to demonstrate that I am anti-Malay and anti-Islam is the strongest proof of DAP’s commitment for more than half a century to the Malaysian Dream of a nation for all Malaysians regardless of race or religion

Two days ago, I exposed the three “Big Lies” ala-Nazi propaganda which the Prime Minister Datuk Seri Najib Razak had made in his UMNO presidential speech last Thursday, and I challenged him to list out three Big Lies as DAP had been accused of practicing Nazi-style propaganda of the politics of falsehood, lies, hatred and “Big Lie”.

Najib did not rebut my expose of his two Big Lies, viz: that the 14th General Elections will be a contest between UMNO and DAP and that the Malays would suffer “nightmares” if UMNO loses power in the next general elections.

But he tried to rebut my expose of his third Big Lie, that the DAP is anti-Malay and anti-Islam, but it was a most pathetic effort.

I have been in politics for 51 years. With all the resources at its command, with the Special Branch in Malaysia one of the world’s most competent and professional intelligence forces which had succeeded in defeating an armed communist insurrection, is it possible that Najib could not uncover a single instance or example in my more than half a century of political life if the allegations against me for being anti-Malay and anti-Islam have some basis?

What evidence did Najib produce in his winding-up of the UMNO General Assembly debate yesterday? Continue reading “Najib’s inability to uncover from my 51 years of political life a single instance to demonstrate that I am anti-Malay and anti-Islam is the strongest proof of DAP’s commitment for more than half a century to the Malaysian Dream of a nation for all Malaysians regardless of race or religion”

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Najib’s fear campaign

Bridget Welsh
New Mandala
02 DEC, 2016

The Malaysian Prime Minister’s ruthless tactics to hold onto power at all costs demonstrate that he is the one who is most afraid while his people are willing to fight on, Bridget Welsh writes.

This week Najib Tun Razak is beating the Malay chauvinist drum at his party’s annual general assembly (AGM). Meetings of the United Malays National Organization (UMNO) have regularly followed this mode, but the use of racism and paranoia have taken on greater intensity in the face of its leader’s eroding political legitimacy.

For the past two years, Malaysia’s Prime Minister has been beleaguered by the 1MDB scandal that has involved not only nearly $700 million going into Najib’s personal account but also raised issues of criminal money laundering, embezzlement and economic mismanagement involving over $3.5 billion. The case is being investigated and prosecuted in over six jurisdictions, most notably by the US Department of Justice. The scandal featured centre stage in last month’s Bersih 5 rally in which thousands went to the streets to protest corruption, economic mismanagement and systematic inequalities in the electoral process.

Despite public discontent, Najib has adeptly used a variety of tactics to stay in power, which is crucial if he is to avoid international prosecution. The most obvious of these involves a crackdown on political opponents. Opposition leader Anwar Ibrahim was jailed in 2015. Since then more than 10 opposition politicians have faced a variety of charges from sedition to challenges to ‘parliamentary democracy’. Last month whistleblower and parliamentarian, Rafizi Ramli, was convicted of violating the Official Secrets Act for releasing evidence associated with 1MDB. This week’s UMNO meeting has called for continued no-holds barred attacks on the opposition. Continue reading “Najib’s fear campaign”

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Malaysians worry Trump will drop a corruption investigation into his “favorite prime minister”

Joon Ian Wong
Quartz
December 01, 2016

Malaysia’s prime minister Najib Razak may have hundreds of thousands of his countrymen calling for his resignation — embroiled as he is in a multi-billion-dollar corruption case — but he has one thing to be grateful for: His onetime golfing partner is the next president of the United States, whose justice department happens to be pursuing that very same corruption case.

Najib has been talking up his close ties to Trump to the media. He recounted a victorious golf game played years ago at the Trump National Golf Club in Bedminster, New Jersey to the Star, a Malaysian daily. Najib had been in town for the United Nations General Assembly, and wanted to enjoy some R&R with his Malaysian delegation. Trump, hearing about the group, appeared and joined the game. So Najib and Trump partnered up.

At the game’s conclusion, Trump posed for a photo with Najib and the late Malaysian ambassador to the US, Jamaluddin Jarjis, and autographed it. It was inscribed: “To my favorite Prime Minister. Great win!” according to Najib. The Malaysian PM said he keeps the photo on his desk. “I did it before [Trump] became as famous as he is today,” Najib told the Star.

Najib is now reaping the rewards of that intuition. He says he had a “very warm and productive” phone call with his former golfing partner, and that ties between the two countries would be further strengthened.

Najib will hope that a friendly figure in the White House will help his chances in the biggest kleptocracy case brought by the US justice department to date. It’s seeking $1 billion in assets that it says are tied to “public corruption and a global money laundering conspiracy.” Continue reading “Malaysians worry Trump will drop a corruption investigation into his “favorite prime minister””

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Why is 1MDB scandal which made Malaysia a “global kleptocracy” allowed to be the “elephant in the room” throughout the five-day UMNO Assemblies, causing Najib and UMNO to lose all political credibility and moral authority as Malaysian Prime Minister and leading political party respectively?

Datuk Seri Najib Razak’s UMNO Presidential speech has been shocker. But the five-day UMNO General Assemblies are a greater shocker.

I fully agree with the head of the Pakatan Harapan Secretariat and former Deputy Higher Education Minister, Datuk Saifuddin Abdullah that Najib has made a grave error in using racial connotations at the UMNO General Assembly as it has disastrous racial implications.

Saifuddin is spot-on when he said firstly, that Najib had made baseless accusations against DAP as though DAP is anti-Malay and anti-Islam party; and secondly, Najib has compounded his error as DAP does not dictate matters in Pakatan Harapan, which is led collectively by the three component parties, DAP, PKR and Amanah.

The Pahang State Assembly Opposition Leader and DAP Pahang Assemblyman for Mentakab, Tengku Zulpuri Shah Raja Puji, has responded to Najib’s speech at the UMNO General Assembly declaring that he would have left DAP long ago if DAP had been anti-Malay or anti-Islam.

In actual fact, Tengku Zulpuri said Najib’s accusation was completely baseless as the DAP-led Penang State Government had brought many benefits to the Malays and promoted Islam in Penang State.

Tengku Zulpuri’s view has been endorsed by the former Penang Deputy Chief Minister and former Agriculture Deputy Minister, Datuk Seri Mohd Sharif Omar who said that the Penang Chief Minister, Lim Guan Eng “lebih banyak menjaga kebajikan rakyat Pulau Pinang, termasuk kaum Melayu di negeri itu berbanding pemimpin sebelum ini” and “tidak ada satu pun tindakan DAP yang menunjukkan parti tersebut anti-Melayu sepanjang Pakatan Harapan memimpin Pulau Pinang sejak tahun 2008”. Continue reading “Why is 1MDB scandal which made Malaysia a “global kleptocracy” allowed to be the “elephant in the room” throughout the five-day UMNO Assemblies, causing Najib and UMNO to lose all political credibility and moral authority as Malaysian Prime Minister and leading political party respectively?”

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End the Corporate Shell Games

Leslie Caldwell
Bloomberg
NOV 30, 2016

Leaders from around the globe will converge Thursday in Panama City to discuss the next steps in the international fight against corruption.

That meeting will highlight for the world — and for our newly elected president and Congress — that the U.S. is in danger of falling behind our global partners in preventing the flow of illicit money through our financial markets. We have failed to enact legislation that would require the disclosure of the people behind legal entities — legislation that would assist law enforcement in stopping those who corrupt the U.S. and international financial systems.

It is no secret that the U.S. financial system is an attractive playground: We have the deepest, most liquid and most stable markets, and criminals seek to use the tools of our financial and banking systems to serve their illicit purposes. For an illegal enterprise to succeed, criminals must be able to hide, move and get access to their proceeds without detection. And when they are successful, their actions serve as a dual threat: Their criminal conduct itself can threaten the safety and security of all citizens, and their use of the financial and banking systems to hide their gains — or to fund additional criminal conduct — undermines the integrity of those systems.

One prominent example is a case the Justice Department filed seeking to forfeit and recover more than $1.2 billion in assets that were involved in, or traceable to, an international conspiracy to launder funds stolen from the people of Malaysia. The government of Malaysia wholly owns 1Malaysia Development Bhd., a strategic investment and development fund. As alleged in the complaint, over a six-year period, 1MDB associates took more than $3.5 billion from the development fund to purchase luxury condominiums, a $35 million jet, expensive works of art and a motion picture company that used the money to finance, among other things, the production of “The Wolf of Wall Street.” Continue reading “End the Corporate Shell Games”

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UMNO General Assembly: Worst Display of Political Extremism and Bodek-ism

Koon Yew Yin
December 3, 2016

Every year when the UMNO General Assembly takes place, we can be sure that there will be speakers looking for cheap publicity who will use the occasion to make stupid and ridiculous charges against the so-called enemies of the race – meaning enemies of UMNO.

We have seen again and again this same spectacle of the leading political party in the country show to Malaysians and the rest of the world how deep the cancer of racial and religious hatred is within the party.

This year’s GA was no exception or as a Malay friend said to me in describing the proceedings:
“SOS” – “Same Old S__t”.

But in fact there were two important differences from earlier years.

The first is that the prize for extremism and making baseless political allegations and instigating racial and religious fear must go to UMNO President, Datuk Seri Najib Razak himself. It did not from any ordinary ambitious wannabe jaguh kampung.

There is a saying both in China and medieval Europe that “the fish rots from the head down”. How true this is from this year’s UMNO GA.

Personally I never thought I would live to see the day when a top political leader in Barisan would stoop so low to warn his members that “If UMNO falls, we have all sinned”, as one newspaper headlined his speech to the assembly. Continue reading “UMNO General Assembly: Worst Display of Political Extremism and Bodek-ism”

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Abu Dhabi SWF gets entangled in 1MDB scandal

By Bradley Hope and Nicolas Parasie
The Wall Street Journal
02 December 2016

When Barclays needed to raise capital in 2008, the Abu Dhabi sovereign wealth fund, known as IPIC, invested more than $5 billion in the UK bank. Through a subsidiary, IPIC acquired holdings in German auto maker Daimler and Swiss commodities powerhouse Glencore. It helped finance the ultraluxury New York skyscraper One57, nicknamed the Billionaire Building.

Driving IPIC was Khadem Al Qubaisi, a nightclub aficionado with slicked-back hair, a taste for the good life and close ties to princes who rule the emirate.

In June, Abu Dhabi’s crown prince abruptly ordered an end to the 32-year-old sovereign wealth fund’s existence as a standalone firm, saying it would be merged with another state entity.

Al Qubaisi? He now sits in an Abu Dhabi jail, fired and under investigation for money laundering, corruption and other possible offenses, according to people familiar with his situation.

Among the deals Al Qubaisi engineered at IPIC was one with 1Malaysia Development Bhd, or 1MDB, the embattled Malaysian state fund from which billions of dollars are missing, at least $800 million of which some investigators have said flowed into personal accounts of Malaysian Prime Minister Najib Razak. Continue reading “Abu Dhabi SWF gets entangled in 1MDB scandal”

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Singapore slaps penalties on StanChart, Coutts in 1MDB-related probe

by Anshuman Daga and Marius Zaharia | SINGAPORE
Reuters
Dec 2, 2016

Singapore’s central bank imposed penalties on the local units of U.K.-based Standard Chartered (STAN.L) and private bank Coutts for money laundering breaches related to Malaysia’s scandal-tainted 1MDB fund and said it was nearing the end of its probes.

The penalties – of S$5.2 million ($3.65 million) and S$2.4 million, respectively – were the latest punitive measures taken by the central bank in its crackdown on money laundering, having ordered the closure earlier this year of the local units of Swiss banks BSI and Falcon.

The Monetary Authority of Singapore (MAS) is also in the process of issuing a prohibition order against Tim Leissner, Goldman Sachs’ former Southeast Asia chairman.

“These actions send a strong signal that we will not tolerate the abuse of Singapore’s financial system for illicit purposes,” said Ravi Menon, the managing director of MAS.

“The supervisory investigations into the intricate web of international fund flows have been a learning experience for financial institutions as well as for MAS,” he said.

The inspection at Standard Chartered “revealed significant lapses in the bank’s customer due diligence measures and controls for ongoing monitoring,” MAS said. bit.ly/2h0ZMJQ

While the 28 breaches were “serious”, the central bank did not find “wilful misconduct.” Continue reading “Singapore slaps penalties on StanChart, Coutts in 1MDB-related probe”

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Singapore to Ban Former Goldman Banker in Connection With 1MDB Scandal

By TOM WRIGHT and JAKE MAXWELL WATTS
Wall Street Journal
Dec. 2, 2016

Executive allegedly wrote unauthorized reference letter for Malaysian U.S. authorities say is at the center of fraud at state investment fund

Singapore’s probe into a multibillion-dollar financial scandal touched Goldman Sachs Group Inc. for the first time on Friday as its central bank said it was planning to ban the Wall Street firm’s former top executive in Southeast Asia from operating in the city-state’s financial system for 10 years.

The executive, Tim Leissner, was Goldman’s point man on deals involving Malaysian state investment fund 1Malaysia Development Bhd., or 1MDB. The Monetary Authority of Singapore, the central bank, announced the proposed ban on Mr. Leissner after it found he had written a recommendation letter for a Malaysian financier, Jho Low, in June 2015. In it, Mr. Leissner claimed that Goldman had performed due diligence on Mr. Low.

“These statements were untrue and were made by Mr. Leissner without Goldman Sachs’ knowledge or consent,” the MAS statement said.

Goldman Sachs said in a statement Friday that it had discovered the matter in January 2016 and reported it to Singapore authorities. Mr. Leissner left Goldman in February after Goldman put him on leave. Continue reading “Singapore to Ban Former Goldman Banker in Connection With 1MDB Scandal”

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Challenge to Najib to list out DAP’s Three Big Lies after I have exposed Najib’s three “Big Lies” in his UMNO presidential speech yesterday

At the joint opening of the annual assemblies of UMNO’s Wanita, Youth and Puteri wings on Tuesday night, the Acting UMNO Deputy President, Datuk Seri Zahid Hamidi sought to draw parallels between the Opposition’s propaganda efforts with the leaders of Nazi Germany.

He recounted how Adolf Hitler and his propaganda minister Joseph Goebbels had a grip on German citizens through carefully crafted propaganda strategies.

Zahid said: “It was based on lies… Hitler once wrote: ‘If you are going to tell a lie, tell a big one and if you tell it often enough, people will begin to believe it’.

“Through creative radio and film propaganda, they succeeded in controlling the minds of more than 80 million people.”

Anyone doing a Wikipedia search will find the following explanation:

“A big lie is a propaganda technique. The expression was coined by Adolf Hitler, when he dictated his 1925 book Mein Kampf, about the use of a lie so ‘colossal’ that no one would believe that someone ‘could have the impudence to distort the truth so infamously.’ Hitler asserted the technique was used by Jews to unfairly blame Germany’s loss in World War I on German Army officer Erich Ludendorff.”

Hitler’s Propaganda Minister, Joseph Goebbels perfected Hitler’s “Big Lie” theory: “Make the lie big, make it simple, keep saying it, and eventually they will believe it” to the extent that he created the Fuhrer myth and the image of Hitler as the Messiah-redeemer.

Are we seeing a repetition of the “Big Lie” theory in modern-day Malaysia, with the UMNO leadership warning about the “Big Lie” theory but with the UMNO President, Datuk Seri Najib Razak becoming the biggest exponent of the “Big Lie” propaganda? Continue reading “Challenge to Najib to list out DAP’s Three Big Lies after I have exposed Najib’s three “Big Lies” in his UMNO presidential speech yesterday”

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Will IGP Khalid say that he does not rule out arrest of Najib for receiving foreign funding, like Maria Chin?

The Inspector-General of Police, Tan Sri Khalid Abu Bakar has said that he has not ruled out the possibility of Bersih chairperson Maria Chin Abdullah being re-arrested.

The thought that immediately struck me was whether Khalid would ever say that he does not rule out the possibility of arresting Datuk Seri Najib Razak for receiving foreign funding, as being alleged against Maria Chin.

The answer is of course a clear-cut and categorical “No”

Can Khalid answer why he would never make such a statement about Najib when he had no problem making it against Maria Chin?

Especially when Najib had himself claimed that the RM2.6 billion deposited into his personal banking accounts were from foreign sources?
Continue reading “Will IGP Khalid say that he does not rule out arrest of Najib for receiving foreign funding, like Maria Chin?”

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When will Malaysia break into the dominance of Singapore, Hong Kong, South Korea, Taiwan and Japan in rankings of TIMSS for math and science or is this a mere pipe-dream?

Is the Education Minister, Datuk Seri Mahdzir bin Khalid happy with the results of Malaysian students in the Trends in International Mathematics and Science Study (TIMSS) 2015 made public worldwide yesterday?

The Education Ministry director-general Tan Sri Dr. Khair Mohamad Yusuf seems to be quite ecstatic and easily satisfied with the results of Malaysian students in TIMSS 2015, when the results should be cause for grave concern for all educationists and parents in Malaysia.

In a way, Khair is right in that the TIMSS 2015 results was an improvement on the TIMSS 2011, as Malaysia scored 465 in mathematics and 471 in science, which is a significant improvement from 2011, when it was 440 and 426 respectively, for 14-year-old Form 2 students.

However, this is the second worst score for 14-year-old Malaysian Form 2 students in five TIMSS results since 1995, as shown by the following marks achieved by Malaysian students in the TIMSS series: Continue reading “When will Malaysia break into the dominance of Singapore, Hong Kong, South Korea, Taiwan and Japan in rankings of TIMSS for math and science or is this a mere pipe-dream?”