Tuesday, December 16, 2014

1MDB

16.12.2014.

Incumbent PMs in Malaysia enjoy a kind of protective cocoon very few counterparts in other countries have. The slightest slip by the British PM and the media , his political opponents, and even his own Party pummels him. 

Thus the action of the Batu Kawan Deputy Divisional UMNO Head seems like a bolt of lightening that shakes the Party to its foundations. His own Division has distanced itself from him; the Secretary General told him to withdraw his Police report; the Vice President has jumped on the fracas in his usual style.

Today "1MDB" came out with a clear explanation about the whole affair. Except for the unnecessary inclusion of words like "insinuating" and "baseless"and the condescending tone, the explanation seems fair, and somewhat lifts the haze over  the murky issue.

This is why this came to be a  commotion - the shroud of secrecy thrown over it, made worse by the unclear replies from the Finance Ministry in the earlier part of the  episode. Too much money over too big acquisitions under murky circumstances seemed to have been going around for almost five years. 50 billion ringgit isn't chicken feed. If the objectives are noble, surely publicity wouldn't hurt. 

The PM shouldn't equate fair questioning and the need-to-know with evil intent. Above all else, he is sworn to serve the  country. Other people may not agree with his methods , but his operations  must be above board.  


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