DR M THUMBS NOSE AT NAJIB DESPITE SACK RUMORS: YOU HAVE SABOTAGED M'SIA'S ECONOMY

I am confused by the AG’s statement that Dato Seri Khairuddin and Matthias Chang are being charged with sabotage of the nation’s banking and financial system.

I assume that their reports to the police authorities in the UK, Switzerland and Hong Kong, where the transactions took place, are the basis of these sabotage charges which if convicted may land them in jail for up to 15 years.

But the publication by the foreign press of the shenanigans in the investments by 1MDB came out long before Khairuddin reported. These news reports were not casual reports but were very detailed descriptions of what and who were involved. They were reporting on what is well known to the whole world.

Why were these newspaper reports not satisfactorily rebutted by 1MDB or the MOF since the impression created about Malaysia’s alleged abuses of the financial and banking systems could result ultimately in the loss of confidence in Malaysia’s political and economic health and its financials?

But had there been no 1MDB and no 42 billion Ringgit being borrowed, the press would not report nor would there be any police reports. Wouldn’t these press reports then be considered as sabotage?

1MDB may sell the 60 Ringgit p.s.f. land that it bought from the Government at 5000% above the purchase price and repay the loans. But the fact remains that had 1MDB not been created, the huge sum of borrowed money would not have disappeared. For this 1MDB and those responsible must still be charged for abuses of the banking and financial system, repayment of the loans notwithstanding. The creators of 1MDB and the managers are the people who sabotaged this country, which before this had a good record for financial management and a sound banking system.

They are the people who should be charged in court for sabotage of the Malaysian banking and financial systems. Since it was Najib who created 1MDB, borrow 42 billion Ringgit and invested the money and losing it, Najib should also be charged with sabotage.

Alternatively everyone, from the initial set-up of 1MDB to the borrowing, to the newspaper reporters and the reports to the police should all be charged with sabotage of Malaysia’s financial and banking systems.

- http://chedet.cc/