Malaysia Blocks UK-Based Critic


July 22, 2015

Malaysia Blocks UK-Based Critic

by John Berthelsen

http://www.asiasentinel.com/politics/malaysia-blocks-uk-based-critic/

Claire BrownAfter months of devastating reportage by the UK-based Sarawak Report, the Malaysian government has had enough, attempting to block the internet site, edited and mostly reported by former BBC reporter Clare Rewcastle Brown.  However, almost immediately, social media have come alive with alternate routes to the site, making the government attempt look futile.

Readers attempting to access the site on July 19 were greeted with a notification in Malay and English by the Malaysian Communications and Multimedia Commission that “This website is not available in Malaysia as it violates the National Law.” As far as can be determined, it is the first time the government has closed down a website and it is reminiscent of an action by former Prime Minister Mahathir Mohamad in 1986 when, infuriated by detailed reporting on a variety of scandals, he ordered two Asian Wall Street Journal reporters out of the country within 72 hours.

Malaysia’s Center for Independent Journalism condemned the blockage, saying that “For any restriction on the guaranteed right of freedom of expression to be legitimate, it must firstly be authorized by a specific law. There must also be adequate provision for a website that has been blocked to appeal and challenge the decision of MCMC.  

The government’s action came at the end of a week during which it attempted to prove Brown had used documents allegedly doctored by Xavier Justo, a Swiss national now in jail in Thailand, to lay out detailed charges of massive fraud surrounding the scandal-ridden 1Malaysia Development Bhd. state-backed investment fund.  According to local media, Justo downloaded 2 million emails from PetroSaudi International, a Middle Eastern oil exploration company through which stolen funds are alleged to have passed. Justo was once an officer of the company but was paid the equivalent of US$5 million to leave. Apparently he sought to sell the documents to the highest bidder in Singapore. Brown did not pay for them.

Brown, on the Sarawak Report page,  called the commission’s action “a blatant attempt to censor our exposures of major corruption through the development fund 1MDB, including the information that nearly US$700 million of 1MDB-related money was paid into the Prime Minister of Malaysia’s personal AmBank account in KL just before the last election. This information has already long been disseminated and backed up by other major global news organizations, so we can only assume that the MCMC is fearful that we are about to bring out further revelations.”

The New Straits Times, owned by the United Malays National Organization, quoted a Thai Police lieutenant general as saying Justo had confessed to doctoring emails he had obtained from PetroSaudi International. But the Associated Press reported that Thai officials had refused to share any information on Justo with Malaysia.

In any case the allegations against Brown were almost immediately knocked down today [July 20] by an equally detailed report by The Edge Financial Daily, Malaysia’s leading business publication, titled “How Jho Low & PetroSaudi schemed to steal money from the people of Malaysia via 1Mdb.”  The article supports virtually every charge Brown has made against Prime Minister Najib Tun Razak and the officials of 1MDB.

The 2,800 word article, complete with flow charts, describes in overwhelming detail the money trail by which US$1.83 billion was stolen from 1MDB by individuals connected PetroSaudi International and diverted into various accounts at banks in Singapore, New York, Switzerland and London by Jho Low, the young tycoon and family friend of Najib’s who was instrumental in setting up 1MDB in 2009, as well as two PetroSaudi officials and officers of 1MDB itself.

The government has threatened to pull the publishing licenses of both the financial daily and its affiliated publication The Edge Weekly over their aggressive reporting on 1MDB.

As the charges over 1MDB have continued to pile up – including one by Sarawak Report and the Wall Street Journal that US$680 million had been diverted from companies connected to the investment fund had ended up in Najib’s own account – Najib’s UMNO allies have pulled out all the stops, using the New Straits Times and other party-owned, Malay-language newspapers, radio and television and an army of bloggers to attempt to discredit the reports. 

Bloggers and government officials over the past three weeks have issued a barrage of charges against Brown, including one by a onetime employee of Radio Free Sarawak, also started in 2010 by Brown that the former employee had participated in faking evidence against the government.  But his charges have been largely discarded, partly because of an email he presented as “proof” had been doctored.  He has never written for or edited the Sarawak Report, Brown said. A picture of a man identified as Brown’s “mastermind” online forger of documents in the UK turned out to be the manager of a bus station in Norwich.

To most middle-class Malaysians, the government’s campaign against Brown and the international media including the New York Times and the Washington Post carries little weight. It is clear, especially since the stories have been backed up by local reporting on The Edge Financial Review, Malaysian Insider, Malaysiakini and other websites, that 1MDB faces a huge financial crisis.  It has struggled to find the money to meet its loan obligations and a planned IPO looks dead for the foreseeable future.  It has dismissed its auditors twice after they refused to issue unqualified reports. 

But the question is how the scandal plays in the kampungs, the rural villages in the Malay heartland that provide UMNO with a reliable supply of votes.  UMNO’s support has been draining away in successive elections although now, with the opposition near collapse, and with an election three years away, it remains to be seen if UMNO can repair itself.  Its component parties in the Barisan Nasional, or ruling national coalition, have become irrelevant.  The next big test is the Sarawak state election, which must be held before August 2016.  At the moment, say political analysts in Kuala Lumpur, the Barisan holds a strong lead, if not an insurmountable one.

Should Najib resign?


July 11, 2015

Should Najib resign?

by Hafidz Baharom

http://www.themalaysianinsider.com

Personally, yes. He has tarnished the office of Prime minister with his continued failure in doing the one thing he had to do: lead. And quite frankly, I would rather he do so before succumbing to his “media triggered” depression, letting this country fall further into economic ruin and then promoting a “Twinkie defence”. Or, before he calls for martial law.

Najib must resignSo respectfully, it is time to clock out, Prime Minister Datuk Seri Najib Razak. And I’ll tell you why? In fact, I’ll write it out. The recent exposé by The Wall Street Journal has eroded whatever little confidence I have in the Prime Minister’s government, but I doubt his die-hard fans are quite in that position yet.

These are probably the same people who think the Titanic was an unsinkable ship that did not sink. Or to use Monty Python, still believe the parrot isn’t dead and is just “pining for the fjords”. Malaysians are a sarcastic and humorous people who have recently been able to channel this – directly or indirectly – through social media.

And with the 1Malaysia Development Bhd (1MDB) public relations quagmire and the currently happening probe into how the Prime Minister had millions (or billions) placed into his personal accounts, the authorities have taken measures to try and keep this “parrot” alive through any means necessary.

Let us look at what is being suggested by these – for a lack of a better word – morons. First we have the conspiracy theorists, which include the Prime Minister himself. Initially, he had accused former Prime Minister Tun Dr Mahathir Mohamad of conspiring against him with the foreign press. When this was too ridiculous for the press to buy, or even the general public, he moved on to saying that the Dow Jones was conspiring to topple his government.

While there is a task force which is investigating these allegations, our Attorney-General found it necessary to task the police to look for who leaked the documents, even without first confirming that these documents were real or faked.

You read right. Insofar as the scandal has surfaced, the documents have been branded as “tampered documents” without any proof or revelation of the authentic ones from the parties involved. Why? Is it because the documents are classified under the Official Secrets Act, perhaps? And yet, a task force was established to investigate these allegations by an American newspaper based on these documents, and the Prime Minister is mulling action against the paper.

Personally, I would like to see this in court simply to see our Prime Minister take the stand and have the government prove that the documents released were  not real, untampered and untrue. It would allow the Sarawak Report, The Edge and The Malaysian Insider to then sue the Malaysian government for defamation and be vindicated.

Also, since the Journal is not published in Malaysia, it is outside the jurisdiction of the Royal Malaysian Police. In fact, can the Police actually take action against the Journal in any way or form since it is published and read online?

I sincerely doubt it. I’m guessing it is the same reason both Raja Petra Kamaruddin’s Malaysia Today and Clare Rewcastle Brown’s Sarawak Report are based beyond our borders. Perhaps our internet regulator will consider adding both websites in their Green Wall list – a list of websites inaccessible to the Malaysian public.

Speaking of which, we had a regulator weigh in saying that spreading false news on 1MDB was punishable by law. The Malaysian Commission for Multimedia and Communication (MCMC) found it necessary to even post this on Facebook.

Pro-government supporters are even considering the shutdown of the social network for nothing more than allowing Malaysians their right in expressing their views in the most hilarious and sarcastic ways possible – something that was guaranteed when we were granted Multimedia Supper-corridor (MSC) status.

Even going so far as to say it would make Malaysians more “productive”. Perhaps they would be so kind to practice what they preach and do so themselves, to set examples for the rest of us.

Of course, the typical UMNO leaders have also weighed in by saying that this is a foreign, Jewish conspiracy, but that is so overplayed by this government and its supporters that it rings on deaf ears. And then we have a leader of a bank who insisted on voicing his dissatisfaction and questioning the authenticity of the documents on social media, being shared by pro-government factions and being proven wrong. Sadly, his recant was not shared with the same enthusiasm as his calling the Journal stupid.

And he’s now being investigated by his employers, a move that I also do not support. We must not stifle anyone’s ability to express their thoughts on social media, and we should know where to draw the line between our individual and our jobs in the realm of social networks. For many reasons, this has been blurred drastically in the last decade when employers, the authorities and even insurance companies decided it a valid source of information.Even journalism has taken entries on Facebook as a source of news, as experienced by a fellow The Malaysian Insider columnist.

But all this makes it necessary for us to question a few things. Primarily, our government has embarrassed itself through its inability to follow up on former Prime Minister Tun Abdullah Ahmad Badawi’s promise for reform towards transparency, especially in the case of 1MDB.

Instead of allowing Malaysians and its stakeholders to openly view the wheeling and dealings of this company under the Ministry of Finance, the company chose to shun the press to the point of refusing to even allow reporters covering them from viewing their pitch at property events.

Even the Pime Minister himself destroyed his credibility in the court of public opinion. From being too fast on the draw during Datuk Seri Anwar Ibrahim’s guilty verdict, his “golf diplomacy” trip to Hawaii during the worst flood since 1971, the insistence on flying to the Middle East during earthquakes in Sabah, yet the quick draw ability to comment on “gay parades” and 24-hour eateries callously shows his failure in setting priorities for a country.

Adding on to this was his no-show from the ironically named “Nothing2Hide” closed door forum, his insistence on continued sniping instead of a face to face session with Mahathir, the MARA scandal and even the continued hiring of people to help his faltering public image.

Goons in Malaysia's CabinetAll I can say is, this government was led by an ineffecive leader and an even worse a Cabinet that has led to the exhaustion of their political capital built up in the past 60 years, all spent up in the last decade. But don’t take my word for it. Let us wait for Merdeka Center to conduct their poll. Better yet, take a look at the Edelman Trust Barometer. In 2012, the Malaysian government scored 52%. In 2015, that number went down to 45%.

Erosion of trust, inability to defend the nation, an ineffective cabinet of dunces, a public persona of ridicule and allegations of underhanded dealings and nepotism, and more importantly, bankrupting the ruling party’s political capital, all of which have been highlighted by both government and alternative media.

UMNO Uses Whistleblower’s Arrest to Defend 1MDB


June 28, 2015

UMNO Uses Whistleblower’s Arrest to Defend 1MDB

by John Berthelsen

http://www.asiasentinel.com/politics/umno-use-whistleblower-arrest-defend-1mdb/

Xavier Justo

Malaysia’s political establishment is using the arrest of Xavier Justo in Thailand to try derail questions over the ill-starred 1Malaysia Development Bhd Fund that go far beyond whether the whistle-blowing Swiss national did or did not steal and doctor documents and pass them to Sarawak Report, a critical blog run by a British reporter.

The United Malays National Organization has mounted a full-court attack on Sarawak Report and the Malaysian financial publication The Edge, threatening to crack down on The Edge’s printing license and driving a campaign through allied bloggers, the UMNO-owned New Straits Times and other media.

Prime Minister Najib Tun Razak himself threatened action against Sarawak Report, which responded angrily that there was no wrongdoing. At the same time, there appears to be a move to tie Mahathir Mohamad, the nonagenarian former premier and 1MDB’s fiercest critic, to allegations that the case against 1MDB has been doctored. 

For months, 1MDB has been under significant pressure both from the political opposition and some members of Najib’s own UMNO to come up with answers over what has become of RMB42 billion [US$11.3 billion] in liabilities the state-funded investment company has accrued since it came into being six years ago. Some sources in Kuala Lumpur say as much as RMB25 billion may be unrecoverable. Najib and company officials have been scrambling to find funds to meet regular interest payments, some of which have been deferred, apparently for lack of funds to meet them.

Thais Nab Justo in Koh Samui

Justo was arrested by Thai police in the presence of reporters and photographers from the UMNO-owned New Straits Times to record the event and print a front-page story accusing the “heavily tattooed Justo” of a long series of sins including theft and attempting to blackmail officials of PetroSaudi International, a controversial oil exploration firm closely connected to 1Malaysia Development Bhd, whose problems are said to threaten Malaysia’s entire financial structure. 

“This shocking story had the country talking,” according to the New Straits Times. “Who is Xavier Andre Justo? How could such a sorry figure have ignited a major Malaysian political storm? What motivated this man, so disconnected from the nation of Malaysia, to launch such a callous attack on our people without a thought for the consequences? The answer appears to be cold, hard cash. Greed can be a route to riches, but it can also be a dangerous road to ruin, as Xavier Justo is learning the hard way. Now, he finds himself in a Thai jail awaiting prosecution on charges of attempting to blackmail and extort money from his former employers; with further charges to follow in the United Kingdom and Switzerland.”

Home Minister Ahmad Zahid Hamidi threatened to take action against Sarawak Report and The Edge, a leading financial and investment news publication, both of which for months have been breaking embarrassing stories on the parlous state of 1MDB’s finances and on the connections between flamboyant young financier Low Taek Jho and Najib. Jho Low, as he is known, and Najib were instrumental in establishing 1MDB in 2009. Najib remains as the fund’s chief financial advisor.

 Home Minister’s Threat

Zahid charged that The Edge and Sarawak Report had been “spinning the facts” over the state of 1MDB’s finances. The government is armed with colonial-era legislation under the Printing Presses and Publications Act and the Communications and Multimedia Act to attempt to deny licenses to what it deems to be offending publications.  With Sarawak Report headquartered in the UK, however, Zahid’s threat remains an empty one.

Justo, who left PetroSaudi several years ago, somehow got back into the company’s computers to download 3 million emails that allege damaging information on the transactions with 1MDB and a company closely connected to Jho Low, as he is known.

There have been attempts to tie Justo’s revelations to Mahathir.  In a report by Malaysia Today, a blog also operated from the UK, Raja Petra Kamarudin said he had been told Sufi Yusof, Mahathir’s secretary, had made “a number of trips to Thailand over the past year to meet [Justo] and the Thai authorities are trying to establish this through immigration records.”

If the Thai authorities manage to establish that some of the documents and e-mails were, in fact doctored, Raja Petra wrote, “and that Sufi did make a few trips to Thailand to meet [Justo] and was aware of, or was a party to, this fraud, it is not going to look good for Dr Mahathir.

A Furious Brown  Answers

Clare Rewcastle Brown, the UK-based blogger who publishes the Sarawak Report, fired back with a furious 1,600 word riposte in which she threatened to sue for libel and defended on a case by case basis the documents that PetroSaudi officials alleged were doctored.

“Sarawak Report will be demanding satisfaction over these false allegations of ‘tampering,’” she wrote. “We suggest these misrepresentations are added to the list of potentially criminal activities by PetroSaudi, whose false charges on this point currently number amongst the allegations that have landed [Justo] in a jail in Bangkok.”

The blog, Brown said, “has closely researched the extremely serious and libelous allegations, which claim documents relating to our coverage of the PetroSaudi 1MDB joint venture were ‘tampered’ and ‘distorted’ in order to ‘creatively alter’ the truth. We can now prove that these allegations are demonstrably untrue, by examining the evidence on which they were based.

So, she wrote, “our message to those who have accused us is check your facts before you sound off your accusations and start to worry about libel suits, if you have defamed us or an innocent man who is now in jail. We can confirm that there is zero evidence brought forward so far to substantiate the claims of ‘distortion’ made over the past 48 hours by the New Straits Times and taken up by certain media, bloggers and UMNO politicians.”

Indeed, she charged, “the little evidence that has been provided by these parties can be shown to confirm the exact opposite, which is that there has been no tampering of documents. Even so, people who could also have made the very same checks have falsely alleged that Sarawak Report and the Edge newspaper lied and deliberately misled readers with ‘distorted’ information about 1MDB’s missing billions.”

The New Straits Times, she said, never bothered to substantiate “grave and libelous charges” by showing their readers the actual evidence.

“As Sarawak Report pointed out yesterday, we corroborate our claims, so why can’t they? The reason turns out to be that it is startlingly easy to show that the claim is completely untrue.”

Malaysian Activists: Soldier on for Democracy, Freedom and Justice


June 1, 2015

Malaysian Activists: Soldier on for Democracy, Freedom and Justice

Tiananmen Square
Malaysian activists who appeared to suffer from political fatigue are told to embrace the never-give-up spirit in Hong Kong’s social movement. “What we should learn from Hong Kong activists? Persistence,” said political analyst Low Chee Chong at the ‘Remembering Tiananmen Square Massacre’ forum last night.

He related the emergence of Hong Kong’s social movement which was sparked by the infamous Tiananmen Square massacre in 1989, where a Beijing student movement demanding for political reforms was brutally stamped out by Chinese troops.

According to Beijing, 200 were killed in the massacre, while the international media reported up to 3,000 deaths.

“The Hong Kongers commemorate the Tianamen massacre every year without fail. They have the July 1 rally as well as the recent 79-day Occupy movement,” said Low.

Likewise, Malaysians were inspired by politicians and activists who stood up against oppression, he added. The social movement here gained traction particularly after the 2008 general election, where hundreds of thousands of Malaysians poured into the streets of Kuala Lumpur to demand free and fair elections. However, the clamour for democracy seems to have died down after the 2013 general election.

Low, who is former PKR Deputy Treasurer, conceded that the opposition Pakatan Rakyat coalition has failed to live up to the people’s expectation.

But he argued Malaysians who want to see a two-party system should continue to back Pakatan as an alternative to the ruling BN.

“Bear in mind, political change is a long-term struggle. You will not see all your targets achieved at the various stages of the movement,” he said.

The ‘Remembering Tiananmen’ forum, which was attended by 300 people, saw Hong Kong student activist Joshua Wong and lawmaker Leung Kwok-hung sharing their experience on video after they were deported on arrival in Malaysia earlier this week.

Hong Kong teen’s advice

Wong, who rose to fame at the tender age of 14 for protesting against changes to the education system imposed by Beijing, urged Malaysians to continue to fight for democracy through his pre-recorded video message.

“While I am not familiar with Malaysian politics, I want to encourage you to continue to fight, (just like) Hong Kong is fighting to uphold its core values of justice and democracy,” said the ‘Umbrella revolution’ activist.

Malaysians can reclaim their democratic rights if they persist in their struggle despite facing suppression by the government, he said.

Wong also shared the difficulties faced by youth activists, which include the likelihood of being banned by local universities, defamed by pro-Beijing media and being rebuffed by the older generation, who prefer not to rock the boat.

Meanwhile, Wong Ji-yuet, a 17-year-old Hong Kong student activist, admitted they made some mistakes in the Occupy movement, dubbed the ‘Umbrella revolution’, which saw thousands of protesters setting up camps in the territory’s business district for weeks last year.

“We tend to go to the streets, but forget to go back to the community and do advocacy work. This needs to be strengthened,” said Ji-yuet, who is spokesperson for student movement Scholarism. Unlike Joshua and Leung, Ji-yuet was allowed to enter Malaysia to attend the forum.

1MDB: Where is the RM42 billion?


June 1, 2015

1MDB: Where is the RM42 billion? Just give us an honest answer and stop the bull, Mr Prime Minister

by Scott Ng@www.freemalaysiatoday.com

Confused NajibSome days, I really do wonder what happens up in Najib’s office at Putrajaya, where I imagine a veritable horde of PR consultants, headed by Lim Kok Wing, work tirelessly to try to salvage the much damaged reputation of the Prime Minister. Sweat on their brows, they toil into the late hours to find answers to the questions thrust at the Prime Minister day in and day out, hoping to find a way, any way, to counter the vicious onslaught of Mahathir Mohamad.

I do feel pity for the PR team. They have great odds stacked against them. But then another FAQ appears on Najib’s website that makes me slap my head in disbelief and I remind myself that they’re paid handsomely for their services and thus should be castigated in full measure for their failure to get the Prime Minister to make the right moves.

As blogger Jebat Must Die points out, the FAQ is misleading and, once again, fails to actually answer the questions it purports to answer. For one, it’s riddled with semantics instead of answers, like Najib’s “explanation” for the unaccounted billions that should be in 1MDB’s coffers.

Mr Prime Minister, no one said that the money was a “loss” as that would mean that there would be a paper trail to bad investments or sudden market fluctuations. What we’re asking is, where is the money?

It is quite weird that so much money could just vanish into thin air, and Jebat makes a good point in pointing out that 1MDB purchased RM15 billion worth of assets. If those billions came from the RM42 billion that 1MDB is in debt for, there should be RM27 billion left, aside from the company’s RM51 billion in assets.

For that matter, there is also the extremely valid question of why the 1MDB cannot seem to handle its own corporate crisis communication, leaving our beleaguered PM to answer all queries. You’d think that a company worth billions would invest in a crisis communication team since scandals and such are bound to come up every once in a while. One really has to wonder how much time Najib has for actual governance while he runs around putting out 1MDB’s fires.

The Prime Minister seems unable to get anything right, trying his hardest to pass the buck for the 1MDB to whomever he can shunt it to (most recently, the Auditor-General) only for it to blow up in his face. Jebat makes another great point in recalling that Najib truly is a career politician with no real-world experience, and as history has shown, pampered elites are quite usually disconnected from the rest of the world.

UMNO-TBH Goons

Attempting to attack Mahathir without answering his questions directly is not a viable method of discrediting the former Prime Minister, especially since those same questions are echoed by the general public, the opposition and civil society members. In releasing so-called answers that fail to address the questions, the Prime Minister seems to be taking us for fools yet again despite the public contempt for his previous FAQ, which suffered the same delusional disconnect from reality.

Now that documents have leaked that show Najib has to approve all major investments made by 1MDB, it seems like there truly is no road for his redemption. He is now personally answerable for all the bad investments, the vanished money, and all the baggage that comes with 1MDB, and no amount of out-of-touch FAQs can redeem a brand that damaged.

Fight on if you will, Prime Minister. Give us a good show, and keep us entertained. We’ve paid for it already, anyway. But when the inevitable happens, know that you were the architect of your own fall, not Mahathir, not the opposition, not the “liberals” your administration seems to sneer at, not civil society. You were your own worst enemy.

 

MACC’s Tunku Aziz responds to his critics and detractors


June 1, 2015

MACC’s Tunku Aziz responds to his critics and detractors

Din's MontageOne may disagree with Tunku Aziz about MACC. I too have been very critical of this  anti-Corruption watchdog (should I say lapdog of the Malaysian Prime Minister Najib Razak?) and my views about its Chief Commissioner Tan Sri Abu Kassim and the Commission itself can be read in this blog. Just click corruption or MACC and you can read them or go the blog’s archives.

I have always said that MACC is a dysfunctional, sick and toxic organization. I once received a letter from MACC almost threatening me with legal action for remarks I made by this sweet talking Tan Sri Abu Kassim. By reading about  the late Teoh Beng Hock and Ahmad Sarbani and the current  legal battle between the MACC chief and Lawyer Rosli Dahlan, you will understand why MACC abuses power.

The MACC favours politicians in power but it is quick to investigate opposition parliamentarians, civil society leaders and others. It makes a mockery of the report of the Tech Beng Hock Royal Commission of Inquiry and the one concerning the infamous Correct, Correct VK Lingam video tape issue. MACC does not understand  accountability and transparency.

All that said, I am happy to put Tunku Aziz’s statement of May 29, 2015 on this blog. He has the right to express his opinion and defend his organization. Read it carefully and then comment on it.This blog is about freedom of expression with responsibility.

I know Tunku Aziz well and our friendship spans over several decades and we are still very good friends although we have different views on politics, economics, intermational affairs and social policy. I agree with him about governance and ethics. I also share his take on Tun Dr. Mahathir. But I disagree with him on Najib Razak, his policies and actions.

Tunku Aziz thinks that the Prime Minister is doing a good job.  But I do not.  On the contrary, in my opinion our Prime Minister is a weak and corrupt leader and has turned out to be an unmitigated national disaster and must therefore resign. I am also of the view that Najib should be investigated and charged for corruption and abuse of power. MACC is will not dare do it, of course since it reports to the Prime Minister. Dr. Mahathir too should be made to account for his 22+ years of misrule. –Din Merican

Tunku Aziz’s Media Statement

MEDIA STATEMENT as issued by Tunku Abdul Aziz in conjunction with a press conference held on Friday May 29, 2015 at 11.00 a.m. at the Eastin Hotel, Petaling Jaya.

tunku-aziz Let me say at the outset that it gives me absolutely no joy in having to say to Tun Mahathir Mohamad that by spewing scurrilous lies about 1MDB without any conclusive proof of wrongdoing by the Prime Minister or anyone else for that matter, he has reduced himself, in the eyes of many, to a figure of fun and ridicule.

His recent performance in Ipoh was admittedly most amusing and kept the audience in stitches, especially when he threw caution and good manners to the winds by repeating vicious rumours about Najib and his family. It was all too personal. Tun Mahathir Mohamad has to make up his mind whether he relishes the idea of being treated as a stand-up comedian or a responsible, respected and revered leader of men. On current performance he presents himself as an embittered, vindictive man who apparently is prepared to gamble with his reputation in pursuit of an unworthy cause bordering on obsession. His motive is suspect.

Tun Dr. Mahathir Mohamad is a bundle of inconsistencies and contradictions. He froths at the mouth every time he accuses 1MDB of causing a staggering RM 42 billion to disappear without a trace. This, as it turns out, is pure fiction, of course. As matters stand today, the figure of RM42 billion that he has used with regular monotony to get at the Prime Minister is shown very clearly as a debt in the company’s books. Company borrowings are a normal part of operating a business as Tun knows only too well. For the sake of good order and in the larger interests of justice and fair play, Tun should eat humble pie, take a deep breath, admit his mistake and apologise to the Prime Minister and the top management of 1MDB whom he has maligned. And while he is about it, will Tun please also apologise to all Malaysians for misleading them?

When he was Prime Minister several massive scandals broke out. He cunningly side-stepped the Dr Mahathir and C Brownissue of accountability. He explained with that familiar self-satisfied smirk on his face that in the case of the loans given by Bank Bumiputra Finance (BMF) to the Carrian Group and two other Hong Kong companies, when someone who was ‘established’ in the business world asked for a loan, one should not scrutinise his application too closely. Tun perhaps needs someone to jog his memory a little. During his premiership, but for the grace of God and Petronas this country would have been left high and dry as a result of frenzied institutionalised gambling in several financially disastrous scams involving the Ministry of Finance, Bank Negara Malaysia, and the Employees Provident Fund among other agencies.

One of the biggest scandals in world banking history was the BMF affair that cost the country US$800 million. Other loans amounting to US$163 million were made to companies in Hong Kong. These were doubtful loans from the start and had to be written off. We are talking about the early eighties: and the losses if expressed in today’s value would be many times the amounts incurred some 30 years ago.

Then there was the ‘Tin Caper’ in which Malaysia played the star role of the ‘Mystery Buyer’ to make a killing by the apparently simple expedient of cornering the international tin market. That cost the country RM660.5 million in losses according to Datuk Seri Lim Keng Yeik, one time minister of primary industries .As if this was not enough, we followed this up with the most notorious financial scandal of all – the foray into the FOREX market using the nation’s reserves to gamble, leaving Bank Negara Malaysia dangerously exposed. Bank Negara Malaysia lost RM30 billion (RM58 billion at today’s value) in this gambling spree. Typically Mahathir denied responsibility and to this day he remains unrepentant, blasé, and unapologetic for the scandals that happened when he was the head of government. His manic gambling with Bank Bumi and BNM money scandalised monetary authorities around the world. Tun Mahathir lost heavily in the tin escapade which saw the collapse of the International Tin Council and the disappearance of the tin industry worldwide.

He effectively turned the once respected Bank Negara Malaysia, the Central Bank of Malaysia, into a rogue institution. In the event, RM30 billion, (RM58 billion in today’s terms) was lost. It took BNM at least 10 years to amortise, and close the books finally in 2003 on this, the most shameful betrayal of trust in our history. BNM was close to being brought to its knees given its colossal exposure and rapidly depleting national reserves. Tan Sri Tajuddin Ramli in his affidavit claimed that he was ordered to buy MAS at a vastly inflated price so that the government could cover the Forex gambling losses.

As these losses have never been satisfactorily explained, I urge the government to reopen the Forex case to establish whether any laws had been broken by the Mahathir administration in using the reserves held by Bank Negara Malaysia for the purpose of currency speculation. Those responsible who are still living today should be called to account for their actions. The government owes the people of Malaysia who have been left to pick up the pieces from this financial disaster a duty to effect a proper closure. I will be making a police report to get things started.

Mahathir’s Supporter takes a shot at Tunku Aziz.

Former DAP Vice Chairman Tunku Abdul Aziz Ibrahim has apparently bitten off more than he can chew in taking potshots at former Prime Minister Mahathir Mohamad who has questioned Najib Abdul Razak’s qualification to be Prime Minister and demanded that he step down. Mahathir’s beef with Najib is the scandal-ridden 1MDB, among others.

Former New Straits Times Political Editor Firdaus Abdullah, for one, has reminded Tunku Aziz in a series of tweets that those who stay in glass houses should not throw stones.“Don’t be a political prostitute cos you have an axe to grind,” tweeted Firdaus who also blogs as Apanama. “Don’t let me shame you.”

READ ON: http://www.freemalaysiatoday.com/category/nation/2015/06/01/dont-be-a-political-prostitute-tunku-aziz-told/