Counting the cost of 1MDB disaster

Folks this short para is by a former Cabinet Minister :

"Dear Syed, 

All cabinet Ministers including Hishamuddin have no clue what 1MDB is all about so don’t expect Ketua-ketua Bahagian and members to know.  Moron and Jho Low planned all these.  Moron doing his best to protect Jho Low.  If Jho Low sings, all will sleep in prison. Can the new Bank Negara Governor explain this article?  Before they all repeat 1MDB is OK, assets exceed liabilities etc?  Anymore assets to revalue?  Arul, please tell us how to spin?"

The following article from The Edge (May 16, 2016) was attached. It was scanned so I had to cut paste and stack it up in three pieces. You have to read it as two columns. 

My comments : We also have to factor the RM4.0 billion from KWAP to SRC. What happened to that money?

Hello Board of Directors of KWAP :

The same guys are "seated" everywhere. That uban fellow is the new Governor of Bank Negara who has said yesterday that BNM will NOT be pursuing the 1MDB case anymore. Case closed. The Stock Market crashed 22 points yesterday.

Here is the full list of the KWAP Board of Directors :

Board Members​

Tan Sri Dr. Mohd. Irwan Serigar bin Abdullah ​(Chairman) Secretary General of MoF

Datuk Muhammad bin Ibrahim Representative of BNM

Dato' Siti Zauyah binti Md. Desa Representative of MoF

Datuk Siti Zainab binti Omar Representative of Public Sector

Dato' Che Pee bin Samsudin Representative of Public Sector

Datuk Yeow Chin Kiong Representative of Public Sector

Dato' Siow Kim Lun   Representative of Private Sector

Dato' Azmi bin ​Abdullah Representative of Private Sector

Dato' Dr. Gan Wee Beng Representative of Private Sector

Datuk Azih bin Muda Representative of Contributors
 ​
Dato' Wan Kamaruzaman bin Wan Ahmad (ex-Officio)     Chief Executive Officer

So is KWAP going to get back that RM4.0 billion which they loaned to SRC? 

Err..Tuan-Tuan, has SRC been servicing the debt? 

Interest ada bayar tak? 

Principal amount ada bayar tak? 

Atau SRC pun sudah default?

What are the terms of KWAP's RM4.0 billion loan to SRC?  Please dont say the loan is fully guaranteed by the gomen. That is a really stupid answer. It is taxpayer's funds that are at stake.

Is this type of clause included : "Selagi ada bulan dan bintang, maka selama itulah Maharaja Orang Putih akan berkuasa atasa tanah jajahan ini.."

Or maybe this clause "Selagi Maharaja Bugis berkuasa, maka selama itulah SRC akan berhutang, tanpa sebarang seloka atau gurindam.."

Just wondering : Have you people ever seen the inside a lock up or a jail cell?

So we have to add SRC's RM4 billion loan to the gomen's loss. That money is not coming back anytime soon.

Then what about that RM30 billion loan to that strange outfit PFI (Private Finance Initiative konon). Where has that money gone? My friend donplaypuks is the expert on the PFI scam. 

The stealing has been going on since 2009.

Has everyone forgotten that roadside camera scam? That Chinese muallaf fellow who is also a close advisor to the Bugis has made a few hundred millions. He also has a stranglehold on Petronas.  

So add up all this and what does this mean ?

It means Melayu akan menjadi miskin dulu.

Why? Because orang Melayu still depend on the gomen for their survival. If money is lost by the billions, there will be no more Mara loans (already happening), no more overseas studies (already happening), no more payments for small contractors (already happening), no more new jobs in JPA (already happening), no more new jobs in Petronas (already happening), etc etc.