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Thursday, December 22, 2011

Mahathir 'tipu', Awang 'tipu', Donald 'tipu'


YOURSAY 'Another lie by yet another minister. Revolting is a word that doesn't even come lose to describing this rotten government.'

Bank Negara did not contact us, says GFI

your sayCannon: After the horse has bolted from the stable - even the alarm was raised by an international agency - we see our monetary authorities rousing from their sleep.

It's disgraceful for the government to blatantly lie to the people and to shame our nation before the world. It's not just the deputy finance minister who is caught fibbing, the official(s) of the Finance Ministry briefing the minister have to be involved in passing this falsehood.

Our civil service and government officials are crass to think they "can sneak one past the Egyptians." That's how much respect they have for the people. Wake up, fellas, the masses won't be fooled by their crooked regime anymore.

Ferdtan: Maybe it is time for Bank Negara governor Zeti Akhtar Aziz to step down. She obviously knew what is happening but is not telling.

That is complicity of the crime; if not the crime itself. She had been the governor since 2000 and her contract ended 2011 and was further extended for another five-year term for a job well done (for whom?).

As she had been recognised by Global Finance magazine in 2009; naming her as one of the world's best central bank chief, and in 2010, she was named 'Tokoh Ma'al Hijirah 1432H', will she now give back all the accolades?

With such an enormous sum - a trillion ringgit illegally seeping through her fingers, without her raising any alarm, sleeping through her years in the central bank - can she still come out to face the public?

If I were her, I would resign on the spot to salvage my pride and dignity. But as usual in Bolehland, the pull of dollar is stronger than the moral decencies our mothers used to teach us when we were young.

Anonymous_3e86: Bank Negara and the Finance Ministry have no intention to cooperate with Global Financial Integrity (GFI) to stop the outflow of illicit money.

If illicit money is prevented from going out of the country, many corrupted politicians will not be able to hide their ill-gotten wealth.

The authorities are instead blaming organised crime of money laundering, but corrupted politicians are also involved with the money laundering activities.

Remember the RM10 million which the Negeri Sembilan MB sent out illegally in 2009? That was just the tip of the iceberg. No action was taken against the MB. Instead, the money-changer was penalised.

Abu Iman: When you have idiots running the country, what do you expect? If Malaysia is a company, the whole board of director would have been charged with CBT (criminal breach of trust).

Please learn how to admit mistakes and learn not to repeat them. How much longer will the government drive on denial mode? Those responsible ought to be ashamed of themselves. I am speechless.

Manjit Bhatia: Question: How much of this illegal outflow of funds through money-laundering activities has Bank Negara governor Zeti known all along, and why has she not reported it publicly thus far?

Bank Negara ought to be an independent public institution well above all politics. But I've had my doubts about this for more than a decade. It was becoming clear(er) to me by the year that Bank Negara was becoming increasingly shackled by the ruling political regime.

Now I'm wondering if this shackling began in 1970. And if so, would it have become quite intensely shackled after 1981?

One more thing: As far as I know the history of central banks, many if not most keep a close eye on money-laundering activities, because they keep a very close eye on the current account and the capital account. So, another question for Zeti to answer.

Onyourtoes: Hello Donald Lim, the day when BN ministers and their deputies can routinely say something in general and out of ignorance is over. That was what you did.

You tried to act big befitting the position of deputy minister of finance. But the whole world, including yourself, knows that you know next to nothing and you have no access to know anything in the Finance Ministry.

So you talked as if you are in control of things when you are not. Also Zeti, the best central banker here and there, why the complete silence? I guess the secured tenure given to you has not helped you to maintain your independence.

Slumdog: Another lie by yet another minister. Revolting is a word that doesn't even come lose to describing this rotten government. How the majority of citizens can keep voting Umno-BN back into government time and again is difficult to fathom.

At the state and federal level, Umno-BN is rotten to the core. The entire counrty is sliding rapidly backwards under these pathetic clowns. Wake up, Malaysia, wake up.

Changeagent: The only organised criminals who need to have their assets frozen in order to prevent further money laundering activities are Umno and its cohorts, starting with Sarawak CM Abdul Taib Mahmud and former PM Dr Mahathir Mohamad.

Not Convinced: Mahathir ‘tipu' (lied), Deputy Finance Minister Awang Adek ‘tipu', and Donald Lim ‘tipu'. What else is there to say?

Rom Nain: Hey, Malaysians, please wake up! What all this says is that every year for the past 10 years, about RM100 billion have been siphoned out of our country illegally.

And, as many others here have rightly commented, it is highly likely that it's the regime's politicians who are doing the siphoning.

Get angry, tell your friends about all this, organise, write to your MP, register as voters and vote them out in the next GE.

Malaysiasakit: I have always maintained that the only public institution untouched by the politicians is BNM (Bank Negara Malaysia).

The rest of the institutions such as judiciary, MACC (Malaysian Anti-Corruption Commission), PDRM (Royal Malaysian Police), royalty, EC (Election Commission) have been rendered ineffective and hence subservient to the politicians.

I stand corrected on this. The final bastion has fallen. - Malaysiakini

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