News of Umno Youth Chief Khairy Jamaluddin's acceptance of the PUNB chair with outcome from April 1 has set tongues wagging upon both sides of the domestic divide. All eyes have been now upon April 8, when disgraced Women's apportion Shahrizat Jalil will be forsaken from the Cabinet as good as the brand brand new appointment made.
Initially the mini reshuffle had been envisaged, with MCA's Ng Yen Yen shifted from Tourism to take over Shahrizat's portfolio as good as Khairy, the Rembau MP, allocated the brand brand new Tourism minister.
But with the PUNB confirmation, it looks similar to Khairy has been cut out of the picture again - this time by Shahrizat's deputy, Kamilia Ibrahim. To pacify Kamilia, who was vocal in perfectionist Shahrizat's abdication as the Wanita Umno chief, Prime Minister Najib Razak is believed to have concluded to let her assume the Women's portfolio. Yen Yen will stay put in Tourism, while Khairy will turn the brand brand new PUNB chairman!
No choice though to swallow it
Such is life. The spin of events would certainly be the huge disappointment for Khairy, the 30-something Oxford connoisseur who once aspired to turn Malaysia's budding apportion prior to 40 years of age. He might good still grasp his ambitions though the contingency have been now built opposite him. In PUNB, he would fundamentally be little some-more than the arch debt gourmet of the problematic group tasked to quick lane the blurb aspirations of Malay as good as Bumiputera groups.
Nonetheless, it is the blow which Khairy has to accept with the g! rin upon his face although his heart might be crunching with pain. It is indeed the huge humiliation for an Umno Youth arch to be left out the second time for the Cabinet post. It additionally reduces his chances of being reappointed the conduct of the Youth wing at the Umno celebration elections due to be held later this year.
Najib must have his reasons for the decision. The NFC disturbance is now the main emanate blighting the Umno-BN's prospects in the 13th general choosing which Najib is expected to call later this year. Even so, as veteran domestic watchers have noted, there have been many as good as most improved ways to finalise the NFC disturbance than the method chosen by the Najib camp. So far, it appears which Najib has finished next to nothing to passage the NFC disturbance in the bud, the pundits say.
Shahrizat might be forsaken from the Cabinet though which appears to be the only concession. In ancillary her preference to cling upon to the Wanita arch post, Najib sent the horrifying signal which he was endorsing corruption in Umno as good as Malaysia.
Neutral analysts have been of the perspective which the people have been now some-more assured than prior to of the abuse of energy as good as endemic graft in Umno; as good as which Najib is unable to carry out graft as he himself has vested interests. Be which as it may, the die is expel as good as Umno will have to impetus into GE-13 with Shahrizat's RM250 million NFC disturbance clouding the horizon.
Khairy additionally concerned in NFC
Khairy ,on the alternative hand, was the the single who suited the devise to the Shahrizats when his father-in-law was the afterwards budding minister. At which time, Khairy wielded enormous energy as good as he picked the devise to be awarded to Shahrizat's family when Badawi asked him to help Shahrizat, who had afterwards lacked funds to challenge Rafidah Aziz for the top Waita post.
Khairy has ow to accept the ! suggest to uncover which he is the gentleman as good as has no tough feelings. But frankly, what else can do. He has upset former premier Mahathir Mohamad as good as will be blacklisted until Mahathir changes his mind. Given the current infighting in Umno, which is due to hold the internal elections later in the year, there is no way Mahathir or his supporters will concede an inch to Khairy as good as his camp.
It additionally looks similar to Khairy will have to call goodbye to his Rembau seat, with Najib using Khairy's detriment of prestige as good as miss of formula as Youth arch to 'gently' explain because he cannot be fielded.
An early retirement
Khairy used to have the aspiration of being the youngest budding apportion in Malaysia's history. When his father-in-law was in power, he should have strategized scrupulously because which was the best event for him to lay his plans. Unfortunately he wasted his chance because he was rapt with making income from trade shares. Although he has made millions, he additionally mislaid quite the bit. On the balance, Khairy is still the really absolved man as good as enjoys some-more wealth than 99% of Malaysians will ever see. Yet he might feel he has not got what he wanted, only what he doesn't need.
Established in July 1991 under the Malaysian Companies Act 1965, PUNB's commercial operation operations have been focused upon on condition which integrated businessman growth packages to support Bumiputera entrepreneurs in retail as good as small- as good as medium-sized craving sectors. These growth packages have been written to help Bumiputera entrepreneurs develop commercial operation acumen, say profitable ventures as good as shape their enterprises, standard excellence.
But the PUNB is most substantially not you do well. The Umno-BN supervision has not highlighted this entity as the uncover box of success, which equates to it is possibly not performing good or the failure. None of! the Umn o politicians have been additionally fervent to squeeze the post in PUNB, which was since RM400 million to begin with though until now not most is well known about the status of the funds or how most has been loaned out, how most has been recouped as good as what is the balance in the books as good as accounts. In reduced the PUNB is an problematic body unknown to most.
But going by Umno's standard operating procession of the past 5 decades, the single can assume which the loans will be since to the cronies as good as UMNOputeras. Chances have been high, there will be some-more failures than successes. So unless Khairy manages to replenish behind all the bad loans, in alternative words be the successful debt collector, he will be deemed to have failed.
Also, unless Najib has betrothed to give PUNB the fresh injection of funds, there is not most which can be siphoned out either. Khairy will have to have good upon whatever he has as good as devise his own plan to revive his domestic career - if he still has the ambition, which is.
Malaysia Chronicle
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