Tun Daim Zainuddin and his Colleagues get down to business


May 13, 2018

Tun Daim Zainuddin and his Colleagues get down to business

KUALA LUMPUR: The newly set up Team of Eminent Persons meant business and wasted no time as they convened their first meeting soon after the announcement of its formation by Prime Minister Tun Dr Mahathir Mohamed.

Chaired by former Finance Minister Tun Daim Zainuddin (left), the meeting, which went late into the night, was also attended by three other members of the team, namely (from right) former Bank Negara Malaysia Governor Tan Sri Zeti Akhtar Aziz, former Petronas President and Chief Executive Officer Tan Sri Mohd Hassan Marican and economist Prof Jomo Kwame Sundaram. Billionaire tycoon Tan Sri Robert Kuok was not present as he is currently overseas. Bernama Photo

No honeymoon period and prolonged post-election euphoria as the government is determined to restore the confidence of the people and investors after Pakatan Harapan’s unprecedented win in the 14th general election on May 9.

Image result for Tun Daim Zainuddin

The Prime Minister with Tun Daim Zainuddin and Tan Sri Rafidah Aziz

Chaired by former Finance Minister Tun Daim Zainuddin, the meeting, which went late into the night, was also attended by three other members of the team, namely former Bank Negara Malaysia Governor Tan Sri Zeti Akhtar Aziz, former Petronas President and Chief Executive Officer Tan Sri Mohd Hassan Marican and economist Prof Jomo Kwame Sundaram.

Billionaire tycoon Tan Sri Robert Kuok was not present as he is currently overseas.

Speaking to Bernama after the meeting, Daim said the five-member team was briefed and deliberated on current economic situation, the national debt, the ringgit, Goods and Services Tax (GST) and fuel subsidies, amongst others.

“These are the major things. We are making the recommendations to the government. At the end they will decide,” he said.

Daim said the council would be calling the Public Private Partnership Unit (under the Prime Minister’s Department), related ministries and government-linked companies (GLCs) to brief them on various mega projects and the governance of GLCs, including Lembaga Tabung Haji, Majlis Amanah Rakyat and the Federal Land Development Authority.

“As for 1MDB, there will a special task force, I have identify those who can assist the probe into 1MDB. It would be under the purview of the Team which will submit the report to the government,” Daim said.

He said another pertinent issue that needed to be addressed quickly was the oversupply of office space and housing.

“Another example is the cost of security for schools. It cost more than the assets they’re guarding,” he pointed out.

Meanwhile, Daim said the team would hold meetings daily for 100 days, and in fact on some days, it would be a few times a day.

“I want this to finish this within 100 days. After that I want to sleep,” he quipped. –Bernama

 

3 thoughts on “Tun Daim Zainuddin and his Colleagues get down to business

  1. I suppose you need these “elders” to at least kick-start the process as the young ones from HARAPAN, other than Mahathir and later Anwar, may not as yet have the experience and knowledge at the Federal level to command the attention and respect of senior civil servants who ultimately have the responsibility to put in the nuts and bolts to implement whatever programs initiated.

    Many newly minted Dynasties in China failed quickly because the revolutionaries who toppled the Son of Heaven were warrior peasants.

    Other than this you also need a Team which does not hold any political office and outside of the previous administration so that there would no sabotage to cover up any criminal trail. The exception is Zeti who is there more for her intimate knowledge of Najib & Co’s money-laundering activities. She therefore runs the danger of incriminating herself as a willing or unwilling accomplice.

  2. These “council of elders” need a “council of next gen” as cohorts I cannot believe Rafizi is being attacked on the possibility of wanting to be finance Minister. Fact is, if it was politically convenient, it would be better to have Rafizi being the Finance Minister. He is a length better than LGE as a technocrat, Tony Pua probably the only other person better. RAFIZI NOW NOT APPOINTED DEPUTY FINANCE MINISTER WOULD BE A DISSAPOINTMENT. Rafizi is a political animal but politics is a jungle with worst than beast around and always will be. Rafizi fought in the streets and the villages, he is more than qualified to be a future PM on this country, there is nothing wrong to be wanting something that he is qualified for, earned the right to be, and certaintly one of the top choices.

  3. Quote:- “… he is more than qualified to be a future PM on this country, there is nothing wrong to be wanting something that he is qualified for, earned the right to be, and certaintly one of the top choices”

    Yes, may be, but you don’t shout it from the top of a coconut tree?

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