YOURSAY | ‘Where did the money come from, Najib, or is it mere noise?’
Quigonbond: Even if I give PM Najib Razak 100 percent benefit of the doubt, perception is king in the world of politics and finance.
A country's strong currency is based on perception. A country's ability to draw foreign investors is based on perception.
We think highly of Petronas because of late filmmaker Yasmin Ahmad's commercials and that is perception. Tourists like to come to Malaysia because of Malaysia Truly Asia and that is because of perception.
A PM who is indirectly linked to a massive global money laundering scandal which makes investors jittery of investing in Malaysia (or as some editorials are saying - pulling money out of Malaysia) is also a matter of perception.
So Najib is right that this is perception. But it's not just. It's everything. He should already retire instead of pretending to be oblivious to the obvious. Instead of crafting more and more oppressive laws, he should be working on a safe exit.
Kim Quek: The torrential leakage of illicit billions from 1MDB that have polluted world financial market is an illusion?
Global criminal investigations including judicial charges relating to the menacing 1MDB black money are based on perception?
I wonder whether there is anyone among the audience in the World Economic Forum summit in Kuala Lumpur who did not chuckle at Najib’s amazing suggestion that the serious deficit of trust in his government arose from erroneous perception.
Perhaps oblivious to Najib, such an unscrupulous answer to a crucial issue has only plunged investors’ confidence in the country to a new low.
Anonymous 1890491455255851: It is not a matter of perception when the reality is that monies went to your personal account and that no effort is being made to charge all those involved in possibly the biggest financial scandal in the world.
The fact that you are publicly saying it is just a matter of perception proves your arrogance and your complete disregard for the rule of law. It is not 'noise', Mr Prime Minister. It is very real.
FellowMalaysian: The Wall Street Journal (WSJ) has through the past one year made some serious and damning accusations and revelations concerning the illicit transfer of funds siphoned from 1MDB and also funds found in the personal account of Najib.
WSJ was the party which vouchsafed the identity of the owner of Good Star Limited and disclosed that US$1.03 billion of 1MDB's were paid to this company.
It was the same news agency which divulged the transfer of US$681 million through a maze of banking transactions into Najib's AmBank account.
A major benefactor of the 1MDB colossal losses was allegedly none other than Najib's own stepson.
Such damaging and incriminatory evidence or accusations would have brought down the leaders of any western nation accused of such oversights and excesses overnight.
Yet, Najib has the shameless audacity and temerity to call WSJ's actions as mere 'noises' causing negative 'perceptions'. This clearly showed Najib has no compunctions about 1MDB at all.
Thinking Citizen_1403620863: No, it is not noise. It is the people waiting for you to be held accountable for the 1MDB debacle.
How could billions be paid to the wrong party? If those are the people nominated by you to run these companies, 1MDB and SRC International, then we are looking to you to clear this mess and resign to take responsibly for appointing such people in the first place.
Unspin: It is often said that “perception is more important than reality”. You might be doing the right thing but if the perception is negative, then the overall impact is negative.
In Najib’s case, everyone knows he is doing the wrong things and trying to cover up for allegedly corrupt practices of the highest order. As a result, the negative perception of him is amplified a thousand fold.
Dont Just Talk: There is no smoke without fire, PM Najib aka 681 American Pies. The outside noise turns out to be true when WSJ alleged that US$7 million was transferred to your brother, Nazir Razak’s personal account, resulting in his admission.
What about the operation code-named '681 American Pies' which was the amount wired into your personal account with AmBank, or was it outside noise?
WSJ further alleged that your stepson, Riza Aziz, bought a duplex mansion in Beverley Hills for US$17.5 million and another mansion in New York for US$33.5 million.
Where did the money come from, Najib, or is it mere noise?
Anonymous #44199885: It is not noise when the auditor-general's report on 1MDB is sealed under the Official Secrets Act (OSA). It is not noise when the Public Accounts Committee chairperson deletes critical parts of an agreed parliamentary report.
It is not noise when no answers, or conflicting answers, are given as to monies flowing out of 1MDB and no one knows where to. It is not noise that a Bank Negara letter that may be damning to the PM is classed as state secrets.
It is not noise when US$1 billion has flowed to a company which is unrelated to the International Petroleum Investment Company (IPIC). It is not noise that 1MDB recently was unable to make two coupon payments.
It is not noise when several countries are investigating money laundering and other crimes relating to 1MDB.
It is not noise when the PM is unable to account for how millions from SRC, a Finance Ministry company, was paid into his account and no answer is given as to whether this "mistaken" payment has been repaid.
Vijay47: That moonlight is romantic, that durians taste better than apples - these may be perceptions. But when almost the entire world, financial and otherwise, come to the same 1MDB conclusions founded on hard facts and evidence, it is not a perception, it is a reality.
What is simply staggering is that Najib can come out with such rubbish openly, brazenly, without the least embarrassment, when he himself knows it is rubbish, and the audience knows it is rubbish.
"Ensuring regulatory bodies in the country are allowed do to their jobs" sounds so noble and profound, but which bodies are you referring to? Bank Negara and Zeti Akhtar Aziz? PAC? MACC? The IGP and his police?Tell me, Najib, when did you allow these regulatory bodies to even breathe? It is rather telling that the question was on steps taken to re-establish trust, revealing that trust, like paradise, has been long lost.
That you expect world economic leaders to buy your platitudes, now that is a perception if ever there was one.
Appum: Perception only? Not when cold, hard cash is involved.- Mkini
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