Thanks to MSNBC for the Update on 1MDB


March 11, 2018

Thanks to MSNBC for the Update on 1MDB

Image result for Malaysia's most corrupt couple

The sad truth is that the Malaysian Prime Minister Najib Razak does not seem to care about this bad publicity. In fact, he seems to enjoy it.  We Malaysians are embarrassed being associated with corruption and  grand thievery.–Din Merican

 

Najib’s slow death on Myanmar Times


February 21, 2018

Najib’s slow death

Living under the tawdry and sinking regime of Prime Minister Najib Razak must seem to Malaysians like death by treacle.

They are drowning in a gluey black sea of venality the likes of which has not been seen in this region since the days of President Ferdinand Marcos in the Philippines.

The mounting litany of shameful episodes that have riven that nation all appear to be traceable to the hapless PM, who is also the head of the dominant political party, the United Malays National Organisation.

Things are so bad that last week the UMNO-owned newspaper, Utusan Malaysia, carried an outrageous editorial that tried to exonerate Najib and shift the blame elsewhere. It failed, of course, because it was arguing against facts that indicate to all Malaysians that Najib is steadily sinking into the treacly pit of corruption and maladministration into which he has plunged his country.

If you think this is over the top, just consider a few of the more damning indictments against the PM and his band of gangsters, cheats and philanderers.

First, there are the missing billions of taxpayers’ money. It is hard to truly comprehend the full magnitude of this gigantic, nepotistic malfeasance, and even the illustrious New York Times took three pages to try to do it.

Suffice to say that Najib’s stepson, Riza Aziz, the offspring of the PM’s second wife Rosmah, is the man apparently responsible for most of the woes brought about by this debacle – otherwise known as 1MDB.

The initials stand for 1Malaysia Development Berhad, a sovereign wealth fund that has lost billions due to corruption and mismanagement, and is still weighed down by massive nonperforming loans.

The fund appears to be almost entirely controlled by Najib, Aziz and a flamboyant Penang Chinese conman called Jho Low – no relation to Jennifer Lopez, though he mixes with Paris Hilton and other Hollywood starlets.

Image result for Najib Razak is a LIar

 

Why and how? There is no clear answer, except to recall that Najib is under the sway of Rosmah Mansor, a shopaholic wrecking ball, who shrugs off ridicule and ignores how her actions thwart her husband’s premiership.

In truth, the personal damage to Najib is piffling compared to the disastrous effect the huge 1MDB losses are having on the already fragile Malaysian economy.

An opposition MP has called the fund fiasco “the mother of the mother of the mother of all scandals in the history of Malaysia”. He may be right. Certainly, there are already worries that if and when 1MDB collapses, the nation’s financial system may take a hit that will dwarf the effect of the Asian Financial Crisis in 1997.

And bear in mind that Malaysia’s resource-dependent economy is already in trouble due to the depressed price of its key exports, petroleum oil and palm oil.

Last month, Najib announced US$1.5 billion in spending cuts and said Malaysia’s economic growth would fall from 6 percent to between 4.5pc and 5.5pc this year.The economic woes have been compounded by diminishing political support at home.

In the last general election two years ago, Najib vowed to reverse the drop in votes that his UMNO-led coalition had witnessed under his predecessor, PM Abdullah Badawi.

It did not happen. His government ceded even more seats and lost four state assemblies and the overall popular vote to the opposition People’s Alliance, led by Anwar Ibrahim.

Since that chastening experience, Najib has clung onto the UMNO leadership by appeasing his key support base, the nation’s Malay-Muslim majority, and marginalising the minority Chinese and Indian communities.

This shocking move was his only option, or else he would have faced the same fate as Abdullah, who was elbowed out after his election failure by UMNO party men.

Concurrently, Najib has reversed his promise to dump the colonial-era Sedition Act, and instead applied it with increasing frequency against oppositionists, lawyers, journalists and academics.

Most recently, Anwar has been jailed for five years after a dubious sodomy conviction, while one of the nation’s popular cartoonists has been detained for drawing caricatures that lampoon the farcical Anwar trial.

Not only do these actions signal a premier running scared – as would be expected after the 1MDB catastrophe and his election setback – but they are grotesquely hypocritical.

Tarring Anwar with sodomy conveniently distracts attention from the fact that Najib, a notorious philanderer in his early days like most UMNO leaders, may be complicit in the murder of a Mongolian model.

The demise of this woman, the lover of the PM’s closest adviser and many Malaysians suspect also Najib’s mistress, is under investigation due to a $155 million kickback in an intertwined submarine deal negotiated when Najib was defence minister.

All of this led Utusan to issue its absurd editorial that – wait for it – blamed America for the country’s woes. It even accused Washington, which has criticised Anwar’s jailing, of copying the opposition leader’s behaviour.

According to Utusan, “The US wants to ‘sodomise’ our legal and judicial system, even though the majority of Malaysians agree with the court’s decision.” Well, that is a moot point. Certainly the voting pattern suggests most Malaysians would happily accept Anwar as their next PM.

 

“Don’t slander Rosmah over jet ride, Dr M told.”


February 20, 2018

Comments of an UMNO serf in a resurgent feudal society-“Don’t slander Rosmah over jet ride, Dr M told.

https://www.malaysiakini.com/news/412260

The UMNO Serf- Rizal Mansor

The Special Officer to the Prime Minister’s wife, Rizal Mansor, said it was regretful that a statesperson such as Dr Mahathir Mohamad would resort to slander Rosmah Mansor.

“How can a statesperson (like Mahathir) listen to and believe in such hearsay? As a statesperson, he should check and research facts before making accusations. “Don’t put political interests above laws and adab (civility) until you create slander,” Rizal said in a statement uploaded onto Umno Online today.

He was referring to a video clip that depicted Mahathir’s speech, where he criticised Rosmah for boarding a private jet, unaccompanied by her husband.

Is her conduct and extravagant lifestyle  not subject to public scrutiny? If she wants to avoid negative comment, she should stay as an ordinary housewife and  not be the First Lady of Malaysia.

Rizal reiterated his previous explanation that Rosmah’s tight schedule necessitated the government having to rent a private jet for her to receive an award in Istanbul on May 25, 2016, and return to Malaysia the next day.

Also used by King and Queen

Rizal also rubbished the claim that the Airbus ACJ319 A6-CJE corporate jet was hired for Rosmah’s use alone, explaining that it is also used by other dignitaries, such as the Yang di-Pertuan Agong and the Raja Permaisuri Agong.

“The jet was rented by the Malaysian government temporarily for the two-month period (May and June 2016) as a replacement for the ACJ320 9M-NAB jet that was being serviced at the time.”

Rizal also slammed Mahathir’s apparent attempt to paint the PM’s wife as “wasteful”, by countering the RM86 million jet rental figure, first brought up by PKR vice-president Rafizi Ramli based on his own calculations.

“The calculation for the RM86.4 million cost is not true at all and is intended to deceive the public. The calculation does not make any sense because Rafizi is taking the flight cost of RM60,000 an hour and multiplying it by 24 hours and 60 days.

“Of course the plane cannot fly 24 hours a day for two months,” he said.

Excess baggage

In his statement, Rizal also repeated his claim that the cargo hold of the government-chartered jet used was full of the Permata Seni group’s performance paraphernalia, and not Rosmah’s own luggage.

Rafizi had disputed this claim at the time, pointing out that Permata Seni’s performance at Istanbul’s Sabiha Gokcen International Airport took place before the jet touched down in the Turkish capital that day.

After using the “Plane Finder” application in 2016, Rafizi had revealed that Rosmah used a private jet for her trip to Istanbul. He took issue with the use of the private jet chartered from the Emirates airline, since she was accepting an award on behalf of the public-funded Permata.

“She has to answer this since she was the one who took the flight, and (Prime Minister) Najib Abdul Razak too has to answer because he has to be responsible for this,” he said at the time.

Rafizi had also questioned the need for the government to charter another private jet when it already has three existing aircraft. He had explained that the government has another ACJ319, the 9M-NAA, which was bought several years earlier, besides the ACJ320 9M-NAB under service that the chartered jet was supposed to replace.

Rafizi also highlighted that the government had announced that the ACJ320 9M-NAB was purchased to replace the BBJ737-700 M53-01 – which he found was still in active use, despite being advertised as being on sale in August 2015.

“I urge Najib, as Minister responsible in managing all of the government’s jets, to explain why BBJ737-700 has yet to be sold and why it is still being used, as this involves the rakyat’s money,” he had said.

On Knowledge and statecraft


January 24, 2017

On Knowledge and statecraft

by Muhammad Husni Mohd Amin

http://www.thestar.com.my

Image result for Najib, Zahid Hamidi and Hishamuddin HusseinThe 3 UMNO Goons–Dr. Zahid Hamidi, Hishamuddin Hussein and Najib Razak. They do not qualify as Philisopber-Kings. They are Malaysia’s penyamun tarbus.

 

IN Plato’s Republic, the philosopher-king is a leader who loves and embodies the cardinal virtues of wisdom, temperance, courage and justice. Therefore, the community that produced him would dispense with the mechanisms of democracy meant to curtail misuse of power by corrupt politicians who preyed upon the masses because of their ignorance.

Former British Prime Minister Winston Churchill once said, “It has been said that democracy is the worst form of government, except all those others that have been tried.” This may only refer to the inadequacies of the present set-up in producing leaders who do not require constant oversight.

The leader reflects the people. The Prophet said, “As you are, so shall your leader be.” He also said, “Each of you is a shepherd (ra‘in) and each of you is responsible for his flock (ra‘iyyah)”.

The Arabic word ra‘iyyah, from which the Malay word rakyat originated, has its root in ra‘in, which also means guide, guardian or caretaker. In the worldview of Islam, both the leader and the people form a unity; they are like a single body.

The Prophet also prophesied the emergence of leaders (umara) who “will be corrupt but God may put much right through them”. Therefore, the people are obliged to be thankful when leaders do good and patient when the leaders commit evil.

Image result for al-ghazali

 

The Proof of Islam, Imam al-Ghazali, in his Ihya’ ‘Ulum al-Din (Revival of the Religious Sciences), stated that religion is established through the sultan, who is not to be belittled.

We should not justify a wrongdoing when it is proven, but our limited senses may often lead us to believe that no good may come out of the things we perceive as evil because we think evil is the absence of good.

While weed follows the cultivation of rice and there seems to be no good in growing weed, it does not stop us from planting and harvesting the rice.

A well-known Sufi figure, Fudayl ibn ‘Iyad, said, “If I had one supplication that was going to be answered, I would make it for the sultan, for the sultan’s well-being and righteousness means well-being for the land and its people.”

Another Sufi figure, Sahl al-Tustari, was once asked, “Who is the best among men?” He replied that it was the ruler, which surprised his inquirers because it was thought that rulers were the worst.

Sahl continued, “Don’t be hasty! God Most High has two glances every day: one is for the safety of the Muslims’ possessions and another for their bodies. Then, God looks into the Register of Deeds and forgives him all his sins (for his protection of both).”

But the precondition for forgiveness is that the ruler must protect both.The establishment and statecraft of our centuries-old Malay sultanates mirrored those in Islam’s civilisational epicentre, which in turn were modelled after the Prophet’s Medina.

While colonial rule modernised our country’s administration, it did not abolish the sultanates but merely interrupted them. However, colonisation also displaced the ulama’s traditional role in advising the Rulers.

It also severely impaired the ability to follow the Prophetic practice called shura in consulting scholars and learned men as well as the ability to recognise and acknowledge them properly. This is the reason for today’s greater need for checks and balances.

Even so, we are lucky to be blessed with a unique system that combines constitutional monarchy and parliamentary democracy. This is the time when rulers work closely with the ruled towards the common good.

While our Rulers do not interfere in politics, adherence to royal protocols should not conceal the fact that the Rulers are in the best position to decree the people so that they would choose the best stewards for the nation.

Image result for UMNO members

UMNO is full of learned members –the dedaks led by Big Momma

The counsel of learned people is important in guiding a ruler’s politics because statecraft is like a knife in the kitchen – a housewife could wield the knife as a utensil or a burglar as a weapon.

Muhammad Husni Mohd Amin is senior research officer at Ikim’s Centre for Science and Environ­ment Studies. The views expressed here are entirely the writer’s own.

Malaysia: 2018 National Budget–Need for Greater Fiscal Discipline


October 5, 2017

Malaysia: 2018 National Budget–Need for Greater Fiscal Discipline

by T K Chua@www.freemalaysiatoday.com

Image result for Najib as Finance Minister

 

In a couple of weeks, the 2018 national budget will be revealed and a peek into the options and challenges awaiting us, is in order.

Beware of Off-Budget Agencies

FIRST, the budget is not what it used to be. Increasingly there are expenditures and commitments outside the purview of the budget but their impact may eventually impinge on government finance. These are off-budget agencies of which the revenues, expenditures and debts should be tabulated and presented as addendum to the budget.

Keep Budget Deficits under Control

SECOND, in all likelihood, the 2018 budget will be another year of deficits. This means there will be new borrowings or sales of government assets to finance the deficit. New borrowings mean more accumulated debts and more debt service charges going forward. When more is provided for debt service charges, less will be available for other operating expenditures.

THIRD, most government revenue has almost reached its limits unless income and expenditure continue to grow. In recent times, the government has been relentless in its enforcement efforts to extract the maximum from individuals and business establishments. Similarly, the implementation of the GST is in full swing. It is doubtful that the government will be able to cover more loopholes and tax leakages/avoidance cases or to increase further the GST rates at this stage.

If revenues are limited, the government will not be able to offer new expenditure programmes unless it incurs more borrowing and debt.

FOURTH, most expenditure programmes are “locked in”, stifling the government’s ability to look at the new impetus. The government’s commitments toward BR1M, civil service salaries and benefits, pensions, and debt service charges will continue to grow. This will leave little room for the budget to meet new challenges lurking in the horizon.

Watch the Expenditure Side of Things

FIFTH, the government has looked at the revenue side by introducing new taxes and by enforcing stricter compliance of existing taxes. However, this trend can’t go on forever. It is time to look at the expenditure side of things.

The annual audit report has given more than sufficient information on wastage, inefficiency and abuse of government allocations and expenditures. Sometimes corruption is due to allocations being too lavishly handed out. If government departments and agencies have too much money, the tendency is to be careless with the expenditures.

 

MALAYSIA ‘SCREWED UP’ BY WORST FINANCE MINISTER NAJIB – RESERVES THE LOWEST IN ASIA THAT MoF UNABLE TO PAY EVEN US$600 MILLION DEBT?

Who is the de facto Minister of Finance– Najib Razak or Handbag Rosmah Mansor? How did she spend the funds  allocated for her signature project Permata?

Stringent and optimal budget allocations do not have to affect output or service to the people, as was commonly claimed. We only need those responsible to work harder and be more careful with the money.

The National Budget is not a Mundane or routine exercise

I think it would be a big mistake if we continue to look at the budget formulation as a mundane or routine exercise. Some of the trends are obviously unsustainable. Even if we start to reverse or correct the trends now, it may take us many years to restore sustainability.

TK Chua is an FMT reader.