Hornbill Unleashed

July 1, 2017

We’re onboard with you on the forex RCI, PKR tells Salleh

Filed under: Politics — Hornbill Unleashed @ 8:02 AM

The ruling coalition, faced by the onslaught of the 1MDB scandal, may have hoped to put the opposition in a similar position by setting up a Royal Commission of Inquiry (RCI) into the forex scandal that took place some 30 years ago.

However, far from being defensive, Pakatan Harapan is on board with Putrajaya’s bid to investigate the forex scandal, PKR communications director Fahmi Fadzil said today.

Therefore, Fahmi said, Communications and Multimedia Minister Salleh Said Keruak’s accusations that Harapan was politicising the forex scandal RCI was a case of “pure spin”.

“He fails to acknowledge that Opposition Leader Dr Wan Azizah Wan Ismail had welcomed the proposed RCI, and even DAP’s Lim Kit Siang and Parti Pribumi Bersatu Malaysia Dr Mahathir Mohamad welcomed it.

“So, in actual fact, no opposition leader has to date rejected the forex scandal RCI,” Fahmi said in a statement.

Salleh (photo) earlier today accused the opposition of practising double standards when it came to scandals, particularly when it came to the forex scandal, which took place when Mahathir was prime minister.

However, Fahmi said the opposition wanted the same standards applied to both the forex and 1MDB scandals.

“The only caveat is that Pakatan Harapan leaders also said that – alongside the forex RCI – an RCI must be established to investigate the 1MDB financial scandal, which is something that many are clamouring for,” he said.

Fahmi questioned why Salleh was painting a “false picture” about Harapan’s stance on the RCI, accusing him of being a “minister of miscommunication”.

“Perhaps he means to deflect and distract from the massive international media onslaught caused by the latest US Department of Justice civil suit on the alleged 1MDB financial scandal, as well as the return of gifts and jewels by international celebrities,” he said.

The DOJ claimed that at least US$4.5 billion had been misappropriated from 1MDB, part of which was laundered through the US financial system.

It is also seeking to seize around US$1.7 billion in assets allegedly acquired using stolen 1MDB money.

Source : Malaysiakini




  1. The highly corrupted UMNO Baru controlled BN do not and will not support RCI on 1MDB and SRC International. The hypocrite PAS leaders said 1MDB should be probed in Malaysia but none of their leaders ever lodged police and MACC reports against 1MDB and SRC International. None of PAS leaders ever requested RCI on 1MDB and SRC International because they had lost their religious integrity and credibility as individuals in PAS.

    Comment by Mata Kuching — July 3, 2017 @ 2:28 PM | Reply

  2. Latest
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    How Najib’s strategic planning has backfired
    Liew Chin Tong
    30 Jun 2017, PM 4:22 (Updated 30 Jun 2017, PM 4:44)

    MP SPEAKS | As the first half of 2017 draws to a close, Prime Minister Najib Abdul Razak is probably regretting the strategic overreach he has committed. At the moment, he and his wife Rosmah Mansor are reportedly holidaying with a large entourage in Bali and Perth, which is probably a half-yearly retreat to re-assess the political scene with his advisers.

    This year began with Najib believing he was invincible and “unsinkable” (as The Diplomat magazine describes him), that the opposition is in shambles, and that arch-rivals Dr Mahathir Mohamad and Anwar Ibrahim would not be able to reconcile to form a formidable team against him. It looked like they would not pose an electoral threat to BN.

    He also believed that the de facto “coalition” with Abdul Hadi Awang’s PAS was sufficient to deliver victories to Umno and BN through planted three-corner fights.

    Editor’s Pick

    The 1MDB players – in their own words
    Najib was confident that the economy would be in a better shape through the general expansion of exports as well as deals with China.

    Everything was perfect for him. The plan was to dissolve Parliament in September or October.

    Plan to remove senior leaders

    Najib was so confident that, according to some Umno sources, he planned to drop some menteris besar, chief ministers and senior Umno ministers, including up to seven menteris besar and chief ministers in the next general election.

    It has long been rumoured that Perak MB Zambry Abdul Kadir, who assumed office after the Perak coup in 2009, will be moved to federal.

    Negeri Sembilan MB Mohamad Hasan, in office since 2004, is a great survivor as he was rumoured to have been shown the door even as early as 2008. Pahang MB Adnan Yaakob, in office since 1999, told friends that he was not sure if he would be fielded again.

    Kedah MB Ahmad Bashah Md Hanipah is not an inspired leader, while Terengganu politics under MB Ahmad Razif Abdul Rahman is in a mess, and Perlis MB Azlan Man is not Najib’s choice.

    Those considerations are not new.

    But the signs of Najib’s strategic overreach and hubris manifested in the attempt to change Sabah Chief Minister Musa Aman, Johor MB Mohamed Khaled Nordin and Malacca Chief Minister Idris Haron.

    Musa Aman and his brother Anifah Aman resisted Najib’s move by attempting to force a Sabah state election. The tussle came to a head in February when Anifah was rumoured to have resigned as Foreign Minister and The Star published an exclusive report of the possibility of the separate poll.

    Khaled Nordin’s selection as Johor MB in the 2013 general election was due more to the Sultan’s choice rather than being Najib’s ally. In the initial period after Muhyiddin Yassin was sacked from the cabinet at the height of Najib’s 1MDB “Donation-gate” in July 2015, Khaled was seen trying to distance himself from the prime minister. I was told that Khaled asked aides to look into the possibility of a separate state poll.

    My friends in Umno are of the view that recent MACC activities in Johor and Malacca are related to the attempt to move Khaled and Idris to federal and replace them with a new set of leaders who would be more loyal to Najib.

    Najib also attempted to sideline Deputy Prime Minister Ahmad Zahid Hamidi, Umno Secretary-General Tengku Adnan Mansor and veteran Annuar Musa.

    The peak of Najib’s strategic overreach was the appointment of his cousin and Defense Minister Hishammuddin Hussein as Special Functions Minister in the Prime Minister’s Department in April. From Najib’s camp, the appointment was meant to clip Zahid’s wings and to prepare Hishammuddin for post-GE Umno party election.

    Najib’s great flaws

    The fundamental flaw with the strategy is that Najib is the problem, not the solution. Najib’s popularity among the voters is at a historic low and unlikely to recover.

    Time is not on Najib’s side. His momentum was stopped from May onwards. The mishandling of the Bandar Malaysia deal, the Felda Global Ventures Holdings Berhad (FGV) fiasco and the United States’ Department of Justice (DOJ) suit on 1MDB further weakened his position.

    For Bandar Malaysia, Najib thought he could replace Chinese investor China Railway Engineering Corporation (CREC) with another Chinese investor, Dalian Wanda Group Co Ltd, to fetch a much higher price without understanding the nuances of the Chinese political economy.

    Wanda is a private enterprise which has to seek government approval for its foreign investment, while Malaysia’s snub of state-owned CREC is a slap in the face of the Chinese government.

    China’s government is now taking a wait-and-see approach towards Najib’s government as a trust deficit creeps in, and Najib is seen as weaker than previously thought. Major deals are unlikely to take effect until after the next general election.

    The FGV fiasco threatens not just elite cohesion, but may seriously dent Umno’s survival in the next general election. A 15 percent swing of Malay support across the board could result in Umno-BN losing up to 40 seats in the Peninsula alone, thus losing power.

    The opposition is not strong yet, but grudgingly, the forces aligned to Mahathir and Anwar are trying to find a way to co-exist and reconcile. Once full realignment takes place, Pakatan Harapan has the possibility of being seen as the better-governing coalition.

    Umno’s alliance with PAS is resisted by BN parties in Sabah and Sarawak, and even some Umno and PAS grassroots leaders are unhappy with the collaboration. Kelantan Umno leaders still think they can defeat the PAS state government, hence there shall be no deal with PAS at the state level.

    The third and current DOJ civil suit brings national attention back to Najib and Rosmah. The US$27 million pink diamond necklace easily puts “the wife of MO1” ahead of Imelda Marcos’s excesses.

    The revelations by The New York Times in March 2015 of 1MDB’s corrupt deals, The Wall Street Journal in July 2015 of the US$681 million “donation” into Najib’s personal account, and DOJ’s first civil suit in July 2016 have eroded Najib’s authority each time.

    Time is running out for Najib

    Najib was previously saved by the support of Umno warlords, particularly the division heads, and his grip over various institutions such as the Attorney-General’s Chambers.

    But Najib’s strategic overreach in the first half of 2017 backfired and alienated Umno bigwigs who propped him up in the previous occasions. His reputation as “unsinkable” may now see the sword of Damocles over his head.

    Najib may just be one or two mess-ups away from an internal revolt.

    LIEW CHIN TONG is Kluang MP.

    The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini.

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    Anak FELDA
    Power in the hands of umno, urban & educated Malay have all voted against umno, only rural remained umno fix deposits especially East Msia where opposition have zero access but those are not Malay votes. Felda umno stronghold of 54 parliamentary seat could easily loose half it, due to heavy losses of FGV. Sarawak & Sabah will loose easily 8 to 10 parliamentary seat each state. Party such as MCA, MIC, GELAKAN will likely all close shop after GE14. Surely it does not look as rosy for BN, however during GE14 a lot of surprises since Election Commission are just a tools of umno. Not to forget NSC at their disposal.

    Comment by Hattan — July 1, 2017 @ 10:28 AM | Reply

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