Umno's Ponzi scheme


Mariam Mokhtar            

Malaysians need not fear that we will become like Afghanistan because Afghanistan has learnt from us and has become like us.

A New York Times report headlined ‘Audit says Kabul Bank began as Ponzi scheme’ bears a striking resemblance to the way Umno runs this country.

Investigators have claimed that the Kabul Bank has been fraudulently obtaining hundreds of millions of dollars and siphoning it off to a few individuals connected to President Hamid Karzai.


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Umno's Ponzi scheme

Mariam Mokhtar,

Malaysians need not fear that we will become like Afghanistan because Afghanistan has learnt from us and has become like us.

A New York Times report headlined ‘Audit says Kabul Bank began as Ponzi scheme’ bears a striking resemblance to the way Umno runs this country.

Investigators have claimed that the Kabul Bank has been fraudulently obtaining hundreds of millions of dollars and siphoning it off to a few individuals connected to President Hamid Karzai.


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