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— Dr Mahathir Mohamad (@chedetofficial) August 13, 2018
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BANK NEGARA
1. It is reported that Bank Negara has bought from the Government of Malaysia 22.58 hectares of land for the relocation of the Global Islamic Finance University and the International Research Academy for Islamic Finance. (read here)
2. Months were taken to negotiate these transactions. Bank Negara will pay the Government of Malaysia RM2 billion for this land.
3. When I was in office Bank Negara expanded physically several times. But no one heard about the price paid for the land. Maybe the public as stakeholders, would like to know how much Bank Negara paid for the land on which the present magnificent bank buildings stand.
THE 160 BILLION LOSS
1. It is obvious that Johari Ghani, the Second Minister of Finance wants desperately to stop the debate on the huge loss suffered by the Malaysian financial reserve.
2. I too would like to close the debate, but I cannot allow Johari Ghani’s failure to explain the losses suffered by Bank Negara of 39.6 billion USD between 2013 and 2015 to remain a mystery.
3. The large loss may be due to normal management. But big sums must have been involved for the total to be so big. It cannot be just because Bank Negara followed the trend in the out flow of funds from Malaysia.
TAHUN BARU
1. Selamat menyambut tahun baru 2017. Dalam bahasa Inggeris mereka berkata Happy New Year.
2. Mungkin orang Melayu hanya ingin berada dalam keadaan selamat sahaja. Mungkin kita tidak mengharapkan tahun baru menjadi tahun yang seronok gembira.
3. Sesungguhnya kita tidak boleh tahu keadaan masa depan kita, walaupun untuk satu tahun sahaja. Tetapi kita boleh teka jika kita mengambil kira tahun-tahun yang lepas dan tahun ini (2016) yang kita lalui. Kita tahu beberapa keadaan yang kita alami tahun yang kita tinggalkan ini tidak akan berubah. Keadaan akan diteruskan. Dan mungkin menjadi lebih buruk.
NEW YEAR
1. On this good day I would like to wish everyone a Happy New Year.
2. 2016 had not been a very happy year for us in Malaysia. But the whole world had not had a good year either.
3. I will not repeat the litany of events which made 2016 a bad year.
BR1M
(Versi Bahasa Melayu di akhir artikel ini)
1. My condemnation of BR1M as a form of corruption seems to upset and anger some people.
2. I still maintain that it is a form of bribe. This is made clear by the comment of a recipient from the kampung.
3. He said, “I will support Najib because he gave me money. Mahathir did not give me money”.
4. BR1M is from Government money. It is obviously intended to get people to vote for the Government party in the 13th General Election because the BN manifesto for that election promises bigger BR1M when the Government party wins. Explicitly it is about buying the vote of the electorate.
DEMOCRACY
1. Most newly independent countries chose democracy as their political system. They believe fondly that they would get good Governments as the people would choose the leaders to rule their countries. The people must surely choose good leaders.
2. However many now rue the day they chose democracy. Studies have shown that the system is very open to abuse and the wrong people may be elected who will not only abuse the power conferred on them, but who are able to stay in power for decades. Effectively these leaders would become dictators.
3. What usually happens is that once these elected leaders gain control of the machinery of Government, they would be able to manipulate elections so that they or their party would not be defeated.
MERRY X’MAS
My wife and I would like to wish all our Christian friends a joyous Merry Christmas, especially to the readers of this blog. Merry Christmas!
KLEPTOCRATIC BY ASSOCIATION
1. One of the amazing things happening in Malaysia today is the willingness of certain people, educated and knowledgeable, to kowtow to Najib, to even kiss his hands as their anointed leader, democratically elected.
2. They must know that there are ample evidence that Najib had stolen money in his personal accounts at the bank, that the Dept. of Justice of America had reported that he (Malaysian Official 1 – identified by his own minister, Abdul Rahman Dahlan, as the Prime Minister) is involved in massive fraud involving money belonging to the Malaysian people, that his stepson Riza Aziz and his bosom pal Jho Low were involved in money laundering in the U.S., money belonging to 1MDB.
3. They know all this and more. But they continue to accept him as their leader, crowding around him to shake and kiss his hand. Even the highest elites stood by him.
RETIREMENT
1. Some people seem to be annoyed that a 90+ man is not doing the natural thing for people of 90 i.e. rest, play with grandchildren and prepare for the next world.
2. Yes, I am not doing the right thing for a ninety year old. It is not always my choice. I am responding to the appeals by numerous groups of Malaysian people for me to do “something”.
3. Very early after Najib took over the premiership a lot of people, mainly Malays but also non-Malays seemed to be unhappy with Najib’s leadership and direction. Small businesses and contractors had to fold up because they were unable to compete.