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Friday, May 8, 2015

SERVES HIM RIGHT! A tongue-lashing from Dr M for 'SUDDENLY SCARED' Najib sycophant Tunku Aziz

SERVES HIM RIGHT! A tongue-lashing from Dr M for 'SUDDENLY SCARED' Najib sycophant Tunku Aziz
KUALA LUMPUR - Malaysian Anti-Corruption Commission (MACC) advisory board chairman Tunku Abdul Aziz Tunku Ibrahim, after having stirred the hornet’s nest with a May 4 newspaper column on the financial scandals which marked Mahathir Mohamad’s administration from 1981-2003, has suddenly clammed up.
He refuses to be drawn into further debate after Mahathir advised Tunku Aziz that the MACC should focus on Penangite Jho Low and Prime Minister Najib Abdul Razak’s stepson Riza Aziz and their connections to the 1MDB scandal “if he was really concerned about corruption”.
Mahathir also wants the MACC to probe his administration and warned Tunku Aziz that he should apologise if no wrongdoing was found on his part. The former Prime Minister said that as a member of an organisation charged with helping combat corruption, Tunku Aziz should use MACC to find out “how many millions he stole from the government while Prime Minister”.
“I did not steal BMF money. I was not the manager or advisor. The bank lost money.”
He also advised Tunku Aziz to probe government servants who were obviously living beyond their means and not continue to suffer from “selective awareness”.
Tunku Aziz had claimed that there was more transparency now unlike during Mahathir’s time when the BMF scandal, for example, erupted.
“We will, in our current climate of openness, get a lot faster to the bottom of 1MDB’s shortcomings, if indeed there are problems, than we got out of the investigations into financial and other excesses during the lost ethical years when Dr Mahathir was prime minister,” said Tunku Aziz.
“Soon after Dr Mahathir took over the reins of government, a horrendous financial scandal engulfed Bank Bumiputera Berhad, incorporated in 1978 as the vehicle to launch the Malays into business.”
“The bank had shifted large sums to its wholly owned subsidiary, Bumiputera Malaysia Finance Limited (BMF), which lent nearly US$1 billion to a company called Plessey Investment and another called Carrian Investment Limited. Carrian later went bankrupt and ‘billions disappeared into thin air’.”
Drawing comparisons between BMF and 1MDB, he pointed out that Najib had instructed the Auditor-General and the Public Accounts Committee (PAC) to probe 1MDB accounts. In contrast, said Tunku Aziz, no action was taken in the case of BMF although a committee set up on the scandal recommended that those responsible be charged with criminal offences.
No such charges were laid in Malaysia, he added. - FMT

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