World champion of corruption

Transparency International, ANI Washington, Hindustan Times as well as WSJ Live, to name a few, have all bestowed Malaysia a dubious honour of Champion of Corruption.

COMMENT

By Chua Jui Meng

For so long, Malaysia has been in a made during home as well as international limelight as far as crime is concerned.

However, it has never been flustered as well as abashed by a international village wholesale similar to today.

Transparency International, ANI Washington, Hindustan Times as well as WSJ Live, to name a few, have all bestowed Malaysia a dubious honour of Champion of Corruption.

Much have been written, reported as well as some-more than 100 monetary scandals unprotected given 1983, beginning with a then world's biggest banking monetary loan scandal a Bumiputera Malaysia Finance (BMF) which came with a attempted murder suspense.

BMF's internal auditor Jalil Ibrahim was found dead in a banana grove in Hong Kong in Jul 1983 when he was sent there to probe a scandal.

The sovereign supervision had to bailout BMF three times to a tune of RM2.5 billion to keep it afloat.

After 29 years, no a single has been punished for a monetary scandal as well as no a single has been convicted for a murder.

That was 1983. What about today?

It is still a same as reflected by a attempted murder of Mongolian interpreter Altantuya Shaariibuu who is related to alleged hurtful monetary practices over Malaysia's Defence Ministry's squeeze of dual French-made second hand Scorpene submarines during an arrogant cost of RM6.7 billion.

What is reliable is which Alt! antuya w as murdered by dual military security officers who served Prime Minister Najib Abdul Razak as well as his wife, Rosmah Mansor.

Although a dual policemen have been convicted for a attempted murder as well as their box is tentative appeal, what we amazingly still do not know have been these:

• What's a ground for a murder. The presiding decider had a insolence to order which a ground for a attempted murder is irrelevant. Can any court in a universe kick that?;

• Why did a murderers, after shooting Altantuya point vacant upon a head, need to use exclusive military grade C4 explosives to blow up her body. The plausible explanation for this is to fall short all DNA justification as she was reported to be profound when she was killed. This begs a question: Whose child was Altantuya carrying?; and

• Why is a Umno-led Barisan Nasional (BN) supervision so aroused of a ongoing French court's probe upon alleged hurtful monetary practices over a Scorpene purchases, to a silly extent of exclusive French lawyers from entering a republic to brief parliamentarians as well as Malaysians upon a growth of a case.

Rising sovereign debts

Malaysia is a republic blessed with vast as well as rich natural resources, including oil as well as gas. But, after 55 years of BN-Umno rule, a country's sovereign debt is during some-more than RM620 billion (including RM118 billion in off-budget liabilities or emperor guarantees for private corporations similar to a Port Klang Free Zone as well as government-linked company loans ending 2011) opposite a Gross Domestic Product (GDP) of RM881 billion or 70.4% of GDP.

This means a BN supervision is operating way above a legislated sovereign debt ceiling of 55% of GDP.

Although we have referred to this many times over, there is surely a need to keep upon reminding all Malaysians so that, when they go to a subsequent ubiquitous electio! n, they can make an sensitive preference upon what they contingency do to save Malaysia from an economic disaster of a bankrupt nation.

Congratulations Najib. The whole universe right away knows we have been leading a many hurtful republic upon earth.

Chua Jui Meng is PKR vice-president as well as Johor state chief. He is additionally a former MCA vice-president as well as an ex-Cabinet member.

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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz