I don’t know why Arul Kanda’s presence at the opening ceremony of the UMNO General Assembly is made a fuss. So did Khazanah Nasional Bhd managing director Azman Mokhtar, Permodalan Nasional Bhd (PNB) group chairperson Abdul Wahid Omar, CEO Abdul Rahman Ahmad and Lembaga Tabung Angkatan Tentera (LTAT) CEO Lodin Wok Kamaruddin.
It has always been a tradition for CEOs of Government-linked companies to be invited to the opening ceremony to listen to the UMNO President’s speech where it always touches socio-economic concerns. Even President of BN component parties are invited. In fact, among those who attended the final UMNO General Assembly with Mahathir as President were MCA’s then-President Ong Ka Ting and also PPP’s M Kayveas. So, what is the big deal?
Not too long ago, an archnemesis of the Opposition attended DAP’s Convention. There, those who swore to spit on his grave lined up to smile, bow and shake hands with the man they all had wanted to send to prison for being a corrupt dictator.
Behind Mahathir in the screen capture above is the very man who used to go around the country calling the former a PEROMPAK (robber).
Of course, now Mahathir is forgiven. All the RM100 billion according to both Lim Kit Siang and Barry Wain that Mahathir squandered have been forgotten, all in the name of politics. And in the name of politics, all those with past sins are forgiven the moment they work hand-in-hand with Pakatan.
Arul Kanda, President of BN component parties, all sat with the rest of the guests an delegations. Mahathir, however, was given a seat on the stage with DAP’s central executive committee members.
So, is Mahathir a DAP member? Maybe, Malaysiakini can answer this question.
I simply do not comprehend the fuss that is being kicked up by Mahathir’s fanatics. On one hand they want the transparency that none of us got when Mahathir was the Prime Minister; on the other they are fuming because Mahathir, Nor Mohamed Yackop and Anwar have been implicated in the findings of the Royal Commission of Inquiry (RCI) for the Bank Negara Malaysia (BNM) foreign exchange scandal of the 1990s.
Mahathir’s long-time crony Daim Zainuddin, who served as finance minister from 14 July 1984 to 15 March 1991, for having aided and abetted Nor Mohamed by leaving BNM “to its own devices”.
Let us ask the very man whose perseverance has finally paid off:
Yes. The loss of RM31.5 billion through forex gambling was and still is a crime against the Malaysian people. And if it weren’t for Lim Kit Siang’s persistence and perseverance, we would not have gotten where we are now.
Three people have been found principally liable for the criminal breach of trust and should be probed further over their involvement and liability. They are the former Prime Minister Mahathir Mohamad, his then-Finance Minister Anwar Ibrahim, and ex-BNM advisor Nor Mohamed Yackop.
The commission found in its 524-paged report that the Cabinet in the 1990s was not given the full picture by Anwar on the forex losses, adding that he had “deliberately concealed facts and information and made misleading statements“. It is also of the opinion that the then Prime Minister (Mahathir) had condoned the actions of the Finance Minister.
The RM31.5 billion losses, the report said, were hidden using “unconventional accounting treatments”, such as booking losses to reserves in the balance sheet and the absorption of the remaining losses by the transfer of shares from the Government to BNM as well as the creation of a “Deferred Expenditure” to be repaid in instalments over a decade.
The RCI noted that Anwar Ibrahim, the then Finance Minister, had been informed about the actual forex losses suffered by BNM. It also said that Mahathir was informed by Anwar together with then Treasury deputy secretary-general Tan Sri Clifford Francis Herbert in late 1993 that BNM had suffered estimated losses of RM30 billion on the forex dealings for 1992 and 1993.
However, in the extract of minutes from three Cabinet meetings on March 30, April 6 and 13 in 1994, Anwar had made “no mention of the actual losses of RM12.3 billion for 1992 and RM15.3 billion for 1993.”
Anwar had chaired the March 30 meeting as the deputy prime minister. The losses for 1993 were reported as RM 5.7 billion.
The RCI also noted that the prime minister, who chaired the meeting on April 6, did not correct or offer more information when the forex losses for 1993 were recorded as only RM5.7 billion.
The RCI report said as pointed out by Herbert, he had expected Mahathir to be outraged but his reaction was quite normal with him uttering “sometimes we make profit, sometimes we make losses”.
“His reaction to and acceptance of the huge forex losses suggest that he could have been aware of the forex dealings and its magnitude,” said the report.
Why Did It Take So Long?
Of course supporters of Mahathir got their knickers in a knot over the RCI findings, mostly harp on the duration it took to have a RCI formed, whether it was formed to time itself with the looming general elections so that the Pakatan Harapan would be epitome of broken hopes?
Lim Kit Siang may have harped on the matter, trying to get an RCI formed since 1994, if not earlier. Mahathir was the Prime Minister then until the end of 2003. No one during Pak Lah’s time took up the issue as Mahathir was then breathing down Pak Lah’s neck watching the latter’s every move. In the end, Mahathir got Pak Lah ousted for not playing his game his way.
When Najib Razak took over at the beginning of the second quarter of 2009, Malaysia’s economy had shrunk even though oil price was high. The GDP growth rate for Malaysia in 2009 was -2.5 percent because of the global financial crisis then, hence Najib Razak’s priority then was to safeguard the economy and take measures to improve on the GDP growth.
And ever since then Najib had been fighting on all fronts to make sure that Malaysia goes through a sustainable growth, and that there would be enough government money to still help the people, especially those from the B40 income group. Hence, we see various initiatives like the 1Malaysia Clinic, Kedai Rakyat 1Malaysia (which is now being revamped), BR1M, PR1MA and various other 1Malaysia initiatives.
And while all that was happening, Lim Kit Siang was still going around asking for an RCI to be formed for the BNM forex scandal. In the run up to the 13th General Elections, Lim Kit Siang wrote this on the BNM forex scandal:
“I had estimated in Parliament two decades ago that Bank Negara lost a colossal RM30 billion from the Bank Negara foreign exchange scandal under Mahathir’s premiership. But Bank Negara claimed RM10.1 billion loss in 1992 and RM5.7 billion in 1993 while former Bank Negara Deputy Governor Dr. Rosli Yaakop estimated last year at a public forum that Bank Negara lost between USD27 to USD33 billion, which was five times more than its foreign reserves and its entire assets of USD20.7 billion in 1992.”
You can read more on what Dr Rosli Yaakop had said on the BNM forex scandal HERE.
Lim Kit Siang also said that Malaysian voters should not only pass a verdict on Najib’s non-transformation in the past four years, but also pass judgment on Mahathir’s 22 years of authoritarian and corrupt policies when he was Prime Minister from 1981 – 2003. He said:
“I am on public record as saying that if Pakatan Rakyat is to capture Putrajaya in the 13GE, we should re-open investigation not only on the RM30 billion Bank Negara forex scandal of 1992, there should be a Royal Commission of Inquiry into the RM100 billion losses suffered by the country in the financial scandals of the 22-year Mahathir era.”
Kit Siang added that the voters should decide whether they endorse the proposal to have a wide-ranging public inquiry into Mahathir’s financial scandals in 22 years which have cost the country RM100 billion of losses and for which the present generation of Malaysians are still paying the price – although there is totally no accountability and transparency about these glaring instances of corruption, cronyism and abuses of power for more than three decades.
In June 2017, Lim Kit Siang even wanted the report recommending the RCI to be made public. Finally, on 8 August 2017, the RCI commenced, and Kit Siang’s 25 years of wait ended.
And one other Pakatan leader who had been lying very low beneath the BNM forex scandal radar is Anwar Ibrahim. If anyone was to ask why did the government not do anything between 2004 and 2017, the answer would be why hadn’t Anwar, since 2 September 1998, asked for an RCI on the matter? Was he afraid that he might get implicated?
You and I know the answer to that now.
And what about the 1MDB scandal? Well, unlike the BNM forex scandal, the 1MDB case was investigated by the Parliament’s Public Accounts Committee, the Royal Malaysian Police, Bank Negara Malaysia and the Malaysian Anti-Corruption Commission. Police reports were also made against 1MDB. But not a single sen had gone missing!
For the BNM forex scandal, this is the first time that it has been investigated – by the RCI, and soon by the Royal Malaysian Police. And the first police report was made by a member of the RCI itself after the RCI findings report was published – 25 years after the whole thing happened.
So, we should all say our thank you to Lim Kit Siang for exposing this crime against ALL Malaysians. Thank you, Lim Kit Siang – for persistently asking for your good friends to be investigated.
For two decades DAP’s Supremo, Emperor Lim Kit Siang, fought to bring to justice those responsible for the loss of RM30 billion (RM45.25 billion in today’s terms) through foreign gambling exchange by the Bank Negara Malaysia (BNM) back in the early 1990s. The greed of those responsible saw the BNM increase its trading volume to USD50 million lots (RM74.46 million or RM205.65 million today) compared to the market norm then of USD5 million (RM7.45 million or RM20.56 million today) to USD10 million (RM14.90 million or RM41.12 million today), amounting to billions of Dollars per day!
BNM’s maximum exposure in the foreign exchange markets then reached as high as RM270 billion – three times the country’s GDP and more than five times the country’s foreign reserves at the time!
Imagine what would have happened had we lost all that! But imagine what RM30 billion then could have done to arrest the massive fall of the Ringgit from RM2.4765 to the USD on 1 April 1997 to RM4.88 to the USD in early January 1998.
Now Lim Kit Siang plays innocent saying he has nothing to do with wanting a Royal Commission of Inquiry into the BNM Forex scandal. Is it because he and Mahathir are good friends now? Or is it because Mahathir’s involvement means that the DAP has lost one of its Malay political mules?
If I recall correctly, it was Lim Kit Siang who mentioned that Mahathir has to answer for the Forex loss, and that if Pakatan captures Putrajaya, he would re-open the BNM Forex scandal. He even asked if (former Egyptian President Hosni) Mubarak got life imprisonment, then why should Mahathir go scot-free?
Has Lim Kit Siang forgotten all the above? If he has, has he gone senile due to his age? If he has problems retaining his memory, then I don’t think he ought to contest in the next general elections.
Whatever it is, the biggest winner would be Anwar. Not only does he get to see his jailor jailed, but he won’t be lonely anymore.
It is no surprise that the recent DAP CEC election has retained some 90 percent of its line up. Despite being a dinosaur and having manouvered the DAP through its mother-of-all-U-turns by working with arch-nemesis Mahathir Mohamad, Lim Kit Siang emerged victorious with the most number of votes. His son, Guan Eng, despite being charged on two counts of corruption, came out third and was returned as the Secretary-General of the party.
Returned after being missing for a term is Selangor’s Ronnie Liu who is famous for trying to stop the authorities from raiding brothels and gambling dens in Selangor before DAP came into power. The ousted included the man who is the symbol of cleanliness, moderation and a corrupt-free DAP – Tan Seng Giaw.
And as for its multiracial image, only two Indians and one Punjabi were elected but not one Malay made it to the Top 20 – again, but former DAP Pahang Chairman Tengku Zulpuri Shah bin Tengku Puji was appointed Vice-Chairman. He is the sole Malay in the CEC line-up. Christopher Ross Lim, the Chinese man masquerading as Malay going by the name Zairil Khir Johari, made it at No. 19. He was born a Chinese and remains a Chinese.
Only 54 percent or 1,356 delegates attended the CEC elections out of 2,514 delegates in 2013. This shows that the support for the Lim Dynasty is waning. They can bask in party glory now but whether that will translate into actual votes especially in Pulau Pinang remains to be seen. With only 450,000 registered members, DAP relies more on its propaganda to win over the masses, who of late are drowning in flood waters and overwhelmed by landslides due to the over-development of the hills and reclamation works in Pulau Pinang.
And to appease the spirit of a dead man, the three-year dead Karpal Singh managed to get 43 votes, more than any of the Malay candidates. How Karpal could still get votes baffles me.
This sums up the image of the DAP – rotten to the core.
Masih sibuk lagi para pencacai Mahathir membawa isu-isu basi seperti biasa, bermula dengan penjualan Proton kepada entiti China oleh pemiliknya yang sudah tentu bukan kerajaan Malaysia, MAS yang dipimpin oleh warga negara asing, dan juga penasihat komunikasi korporat Perdana Menteri yang juga bukan warganegara.
Namun, kerajaan terpaksa akur bahawa entiti Sistem Penerbangan Malaysia terpaksa ditamatkan kerana tidak termampu melangsaikan segala beban dan diwujudkan pula Penerbangan Malaysia Berhad untuk menggantikan syarikat sebelumnya.
Kini, ianya dikemudi oleh Peter Bellew, seorang warganegara Ireland yang sebelum ini berjaya menaikkan jumlah penumpang di Kerry Airport dari 6,000 orang ke 400,000. Bellew juga merupakan salah seorang dari pihak pengurusan syarikat Ryanair yang telah menjayakan syarikat tersebut.
Sebelum Proton dijual oleh pemiliknya (dan bukannya oleh kerajaan seperti yang dicanangkan oleh pembangkang), kerajaan telah menghabiskan sebanyak RM44 billion untuk pelbagai kos bagi menentukan Proton mempunyai daya saing di peringkat global.
Malangnya, syarikat yang ketika itu milik kerajaan dan diuruskan oleh kroni Mahathir langsung tidak boleh bersaing di dalam negara, apatah lagi di luar.
Proton yang menjadi kebanggaan negara juga menjadi sebuah syarikat bangsat di bawah kroni-kroni Mahathir.
Akhirnya, pemilik Proton menjual sebahagian saham kepada syarikat pembuat kereta terkemuka, Geely.
Jika dalam pejabat Najib Razak ada penasihat komunikasi korporat dari kalangan orang asing, orang yang paling dipercayai Mahathir semasa beliau menjadi Timbalan Perdana Menteri merupakan seorang bangsat dan juga agen KGB, agensi perisikan Soviet Union.
Tiga hari sebelum Mahathir menjadi Perdana Menteri, Siddiq Ghouse yang merupakan Setiausaha Politiknya selama tujuh tahun sejak 1974 telah ditahan bersama peralatan perisikan yang telah dibekalkan oleh pihak Soviet Union.
Akibat itu, kerajaan telah menahan beliau di bawah ISA dan mengusir keluar serta-merta tiga orang pegawai Kedutaan Soviet di Kuala Lumpur kerana kesalahan pengintipan. Perisik KGB yang diusir ialah G.I. Stepanor, Setiausaha Pertama Kedutaan Rusia; Encik V.P.Romanov, Setiausaha Kedua Kedutaan Soviet dan seorang kakitangan bukan diplomatik di bahagian ekonomi kedutaan Soviet iaitu Z.L. Khamidauline.
Tujuh tahun pun tak kenal orang yang paling rapat dengan beliau. Tapi tak menghairankan sebab dulu beliau gelar Lim Kit Siang sebagai musuh yang nyata. Sekarang Lim Kit Sianglah sahabat paling karib beliau. Anwar Ibrahim yang beliau penjarakan akibat liwat pun dah tiada bau taik.
Aduhai! Rindu zaman Mahathir. Zaman pelingkup segalanya. Zaman bangsat.
The above title consists of the very words that are being used by the Opposition, from the days of the Barisan Alternatif through its current form, the Pakatan Harapan.
Those words remain as their battle cry to convince voters that the Barisan Nasional, in particular UMNO, is corrupted to the core.
Hence, when long before 1MDB and the RM2.6 billion story ever happened Najib Razak announced in 2012 that the BN was to have its candidates’ list for GE13 screened by the MACC, everyone treated that as a sign of the end of the world as predicted by the Mayans.
However, the Barisan Nasional did submit its list of election candidates to the MACC recently, whereas it is the Opposition that has been resisting a similar move!
In an attempt to spin the BN’s move into something negative, left-leaning The Malaysian Incite quoted unnamed sources within UMNO lamenting the arrest of BN figures such as Latif Bandi, Isa Samad et al but failed to mention that that is the same reaction that the PKR and DAP gave when their ranks were arrested for corruption.
Well, my unnamed party insider told me even BEFORE the Haj season that the BN supreme council is happy that far lesser people have thronged the PWTC promoting themselves as GE14’s candidates ever since Najib Razak decided to submit the list to the MACC.
The Pakatan Harapan is far from being clean. Cheats and corrupted people thrive there too with the likes of Adam Rosly, the UNISEL scandal, Chegu Bard’s various reports on corrupted practices by Azmin Ali, the investigation into DAP’s corrupt practices that resulted in the death of Teoh Beng Hock, Phee Boon Poh’s abuse of position, Lim Guan Eng’s double corruption charge, just to name a few.
Let us also not forget chronic liar Rafizi Ramli who was not only found guilty of lying but also for disclosing to the public contents of documents protected under the Laws which is a breach of trust by a Parliamentarian whose job is to protect such trusts.
Recently he was exposed to have been paying himself through his own companies for services rendered to his own company in the region of RM100,000 per transaction. He also solicited funds from the public to help him pay for damages he caused the NFC by publishing lies about them.
Yet, he did not pay up as ordered by the court and chose to allow NFC to file a bankruptcy notice against him. We wonder what happened to the millions of Ringgits collected to pay NFC? Did he use the money to pay his own self?
Yet the PKR chose to protect such compulsive criminals within their ranks thinking that the voters of today have the same IQ as the ones in the 1950s, that they are stupid enough to judge. Hence the reaction by Wan Azizah when the MACC suggested for PKR’s candidates be screened by the latter.
DAP, too, reacted negatively towards the MACC’s suggestion. Pulau Pinang’s Deputy Chief Minister Ramasamy a/l Palanisamy said that the MACC cannot vet the DAP’s candidates list as the former lacks the moral authority to do so as it is reticent about those involved in the 1MDB although they have been named by the US Department of Justice (DoJ).
Again this shows the stupidity of the people in the Pakatan Harapan either by defaut or by design, with the latter perhaps trying to make fools out of their supporters.
Furthermore, the case that is being investigated by the DoJ, made public more than a year ago, has not gained much grounds as it is based on the reports made by Datuk Botox and Matthias Chang, the office and despatch boys of U-Turn Mahathir. If it was a solid criminal case, we would be sitting in front of the TV watching CNN while stuffing our face with popcorn.
The party that has a lot to do with corruption thus refusing the MACC’s help to clean its candidates list is the DAP, and not just the PKR. With Phee Boon Poh, Lim Guan Eng and maybe soon others as well, both the PKR and DAP would have a very short list of candidates that it will not be enough to cover the constituencies it already holds even if all of them ran for both Parliamentary and state seats.
That is also why Lim Guan Eng desperately clings on to power and fights on all corners to have his corruption charges dismissed on technical reasons rather than answering the charges made against him, just as long as he could remain as the corrupted but jail-free Chief Minister.
But of course, in the course of trying to discredit the MACC, Pakatan Harapan would throw everything at the MACC including the kitchen sink and onions too, a tactic they have been using against all government agencies since before the 1969 general elections. When they lose, they will automatically blame the voters and the voting system. Then again, what else is new?
This is why the public needs to rally its support towards having cleaner candidates to run for public office. Although there is nothing in the law that says that candidates must be vetted, the MACC is the agency that should be doing the vetting of candidates to ensure that they do not have the tendency to be corrupted.
Having said that, this is also the reason the MACC should be given more manpower and remuneration reviewed, as should the PDRM, instead of having Paul Low’s JITN to be formed as a new department, burdening the government further with an increased budget.
Pakatan Harapan begitu menggelupur apabila Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) meminta mereka untuk menjadi sebuah Pakatan yang bebas rasuah.
Sebagai manusia yang sempurna akal tatkala dilahirkan, kita sepatutnya berterima kasih kerana diberi peluang untuk membersihkan parti dari segala anasir negatif agar lebih disokong rakyat.
Namun bagi Pakatan, permintaan ini umpama duri dalam daging kerana mereka menganggap diri mereka maksum dan tidak boleh melakukan kesalahan.
Bermula dengan siasatan SPRM terhadap DAP yang telah melibatkan kematian Teoh Beng Hock sejak Pakatan berkuasa di negeri Selangor hinggalah kepada penahanan Exco Pulau Pinang, Phee Boon Poh, kerana salah guna kuasa dalam kes kilang Kampung Sungai Lembu, Pakatan terutamanya DAP lebih gemar menyalahkan pihak lain dan buta terhadap penyelewengan yang dilakukan oleh ahli mereka sendiri.
Mungkin dengan adanya kuasa memerintah yang membolehkan mereka mengait kekayaan, DAP menafikan segala dakwaan terhadap mereka dengan harapan rakyat akan terus mempercayai dan memberi sokongan kepada mereka.
Mereka tidak mahu mendengar dakwaan terhadap mereka; mereka tidak mahu melihat segala bukti yang boleh mendakwa mereka; dan mereka mahu bekerjasama dengan pihak berkuasa memberitahu siapa di kalangan mereka yang menjadikan rasuah gaya hidup mereka. Tidak ubah seperti monyet.
Oleh sebab itu Maharaja DAP, Lim Kit Siang, dengan lantang menghentam pihak SPRM, menuduh Suruhanjaya itu bersifat seperti monyet apabila SPRM menasihati Pakatan Harapan agar calon-calon pilihanraya mereka ditapis okeh SPRM terlebih dahulu.
Maharaja Lim telah bertindak umpama seekor kera terkena belacan dan tidak senang duduk seolah-olah nasihat yang baik itu ibarat duri dalam daging.
Maharaja Lim berkata beliau telah meletakkan dirinya untuk dihakimi oleh rakyat ketika menyertai politik sejak 52 tahun lalu.
Tetapi kita sedia maklum, setiap kali rakyat berpeluang untuk menghakimi beliau, Maharaja Lim akan lari tinggalkan kawasan yang diwakilinya dan bertanding di tempat yang baru.
Anak sendiri pun dituduh di mahkamah dengan dua pertuduhan rasuah tetapi beliau masih ingin menganggap bahawa beliau dan anak beliau lebih mulia dari para nabi.
Oleh kerana DAP dan rakan karibnya PKR enggan mendengar nasihat yang baik, dan bagi melindungi kita semua dari gejala rasuah, eloklah kita menolak mereka dalam pilihanraya umum yang akan datang.
Tak guna bagi mereka jawatan dan kuasa. Nanti ibarat monyet mendapat bunga.