Buzz Sociopolitics Malaysia: EPISODE 13: One disaster to cover another disaster (part 1)

EPISODE 13: One disaster to cover another disaster (part 1)

In a RM13.46 billion Statement of Claim which former MAS Executive Chairman Tan Sri Tajudin Ramli brought opposite Danaharta, he spoken thatthe afterwards Prime Minister Tun Dr Mahathir Mohamad had educated him to take a 32% interest in MAS to bail out Bank Negara, which had experienced large waste in unfamiliar exchange.

THE CORRIDORS OF POWER

Raja Petra Kamarudin

Najib contingency give a straightforward as good as honest answer either a RM589 million out-of-court allotment of Tajudin Ramli's debts is explanation which Malaysians currently have been still profitable for a RM100 billion Mahathir monetary scandals

Lim Kit Siang (25 Feb 2012)

Malaysians have been entitled to a straightforward as good as honest answer from a Prime Minister, Datuk Seri Najib Razak, either a RM580 million out-of-court allotment of Tajudin Ramli's debts is explanation which Malaysians currently have been still profitable for a RM100 billion monetary scandals perpetrated in a 22 years Tun Dr. Mahathir was a Prime Minister. And if so, they want to know of other such instances.

More as good as more Malaysians have been asking this subject as there is total lack of transparency, accounting, explanation, or sum for a RM580 million out-of-court allotment with government-linked corporations (GLCS), raising a subject either a Barisan Nasional supervision has completed another entrance in a Guinness Book of Records in being a initial supervision in a world to obey a court judgment for RM580 million.

One big debate in in between Malaysians currently is who is to be believed, Mahathir or Tajudin Ramli about a "double bail-out" of MAS.

Tajudin had claimed through his affidavits whi! ch forme r premier Mahathir had made himbuy MAS to assistance bail out Bank Negara after a executive banksuffered large unfamiliar sell lossesdue partly to speculation in unfamiliar currency markets as a "national service" with an "Overriding Agreement" to recompense him opposite any waste suffered. This has been denied by Mahathir.

Four reasons have been modernized by those who believe which Tajudin's claims have been more credible, viz:

(1) Tajudin would be out of his mind to buy during RM8.00 something trade during RM3.50 then.

(2) Tajudin would do so if he were stable by an major agreement as he claimed.

(3) The major claim appears convincing since a supervision did subsequently buy behind from him during twice market cost which a supervision was not otherwise thankful to do so.

(4) Affidavits have been sworn statements to court as good as false statements constitute perjury, a punishable offence.

As Prime Minister, Najib would know what essentially transpired as good as Malaysians want him to tell a nation a truth, either it is Mahathir or Tajudin who is fibbing as good as either rapist action would be instituted opposite Tajudin if he had committed perjury in his affidavits.

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That was what Lim Kit Siang pronounced upon 25 Feb 2012.

Two weeks ago, upon thirteen Feb 2012,Malaysia Todaycame out withEPISODE 6: How Malaysia Today 'lied' 3 years ago.

you had expected which Lim Kit Siang would burst as good as go for a jugular. This is since in 1994, roughly eighteen years ago, Lim Kit Siang was a really chairman who exposed a large monetary liaison which still binds a Malaysian Book of Records -- or a Guinness Book of Rec! ords, as Lim Kit Siang would say.

The monetary scandal, which Lim Kit Siang was referring to, happened in 1992 as good as 1993. And no a single except for a handful of those who walked in a corridors of power knew about this well-guarded tip until Lim Kit Sang raised a make a difference in Parliament. Hence you contingency revisit this 20-year aged liaison since which sold make a difference is connected to a MAS (Malaysian Airlines) fiasco, which dual weeks ago reached an 'out-of-court settlement' during a good detriment to a Malaysian taxpayers.

Most Malaysians have lost a progressing part of dual decades ago -- or somehow do not see a link in in between which aged part as good as a stream MAS scandal. Some you spoke to were not even wakeful of this liaison since during which time there was no Internet. Well, allowMalaysia Todayto modernise your mental recall as good as insist how a emanate of Feb 2012 is linked to a emanate of 1992.

Today, you will initial talk about a MAS issue.

In other words, Tajudin was only doing 'national service' upon a instructions of Dr Mahathir. And a whole objective of this exercise, pronounced Tajudin, was to cover Malaysia's large forex losses. Hence, you can't demeanour during this MAS multi-billion mess in isolation. You need to demeanour during it in a context of a progressing scandal, a forex disaster, which a MAS practice is ostensible to cover.

The Chinese call this digging a hole to get a earth to cover another hole. Only which each brand new hole you dig gets bigger than a progressing hole you have been trying to cover. (Don't you only love Chine! se sayin gs?)

Nevertheless, a MAS practice itself was a disaster. Hence, a MAS practice was not a solution to a complaint but a complaint as well. So now you had dual problems, both using into billions of waste of hard-earned taxpayers' money.

But which was merely a polite matter, which has now been staid out of court as good as is income down a drain. There is still a rapist matter, which a powers-that-be has filed underneath NFA (no further action). It appears like a rapist box as well has been 'settled out of court'.

According to a military investigation, there is certainly something rapist which went upon in MAS ensuing in, according to a police, a RM8.8 billion guilt for a airline company. This means there areTWOlosses involved here. First was a detriment upon a supervision buy-back of a MAS shares atDOUBLEthe market cost as good as second was a operational detriment suffered by MAS itself.

Now, what most may not be clear about is which a polite suit was upon a shares whilst a rapist review was onthe shenanigans in MAS which resulted in a RM8.8 billion fiasco. So they have been essentially dual separate issues but both involving large waste to a Malaysian supervision -- meaning, of course, a Malaysian taxpayers.

What is even more engaging as good as which is a main emanate here,the military review also revealed which there was collusion in in between a Police as good as a Attorney General's Chambers(AGC) to not prosecute Tajudin as good as to NFA a case.

Now, this is a Director of a Commercial Crime Investigation Department (CCID) who is alleging which a Police as good as a AGC have been colluding to cover up a crime -- a crime, according to Tajudin in his Affidavit to a court, done upon a instructions of Dr Mahathir.

Was this why they had to NFA a rapist box in 2007 as good as seek an out-of-court allotment upon a polite box dual we! eks ago? Was it to ensure which a real purpose of a MAS practice would not become open knowledge? Was it so which Malaysians would never find out which a RM8.8 billion MAS hole was to cover an even bigger RM30 billion forex hole which was created behind in 1992 as good as 1993?

And recollect a single thing: RM30 billion 20 years ago is homogeneous to RM100-RM150 billion today.

This was what a Director of a CCID pronounced in his review report: