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Dr M asks about apples, PM talks about oranges

YOURSAY ‘When ‘money’ is in units, he claimed it is hard cash.’

 

Gov't admits mistake on Cayman Islands funds

Wg321: Prime Minister Najib Abdul Razak is running 1MDB like a typical government department.

If possible, he would want to hide all the wrong decision-makings under the Official Secrets Act (OSA).

 

To be exact, it cost the loss of at least RM27 billion out of RM42 billion (borrowed money). The problem is, Najib does not have the Chinaman mentality in doing business.

 

Trust, which takes years to build, is the most important ingredient in doing business between two Chinamen. In the old days, just with a handshake, millions of dollars were transacted because they have grown to trust each other over the years.

 

As for Najib, he knows next to nothing about the finer points of doing business and can never be trusted.

 

When former PM Dr Mahathir Mohamad asks him about apples, he will give answers about oranges. When ‘money’ is in units, he claims it is hard cash.

 

Tailek: Second Finance Minister Ahmad Husni Hanadzlah, what the hell are ‘units’? Are they apartment units, unit trusts, or what?

 

Sali Tambap: This is not a mistake but a deliberate lie.

 

The government/Finance Ministry lied in March this year when it stated that cash was repatriated from the Cayman Islands and deposited in a Singapore bank and not in Malaysia so that it could be withdrawn easily, bypassing Bank Negara’s restrictions.

 

That statement would not have been amended had nothing was inquired of it. As it was, it didn't stop there, as vital information was exposed by Sarawak Report , no matter how much BN hated it.

Nevertheless, the report seemed to be true when BSI bank also denied that the document submitted by 1MDB CEO Arul Kanda was not from them.

 

The fact that the Finance Ministry blatantly lied about this is tantamount to a cover-up. This is a crime punishable by law.

 

The government should be prosecuted for this, which is reminiscent of the Watergate scandal of the Nixon presidency, as a result of which those responsible were found guilty and served jail sentences. Hopefully Malaysian law deals with this judiciously, since much money has been lost.

 

Indeed, there is big difference between cash and ‘units’, whatever that amounts to. There was no room for mistake as Najib's statement in March gave an obvious impression that what was deposited in the Singapore bank was cash.

 

He admitted now that it was a wrong statement by saying it was a mistake. That it was not cash as mentioned but he is saying now that what actually was deposited in the Singapore bank was ‘units’.

 

Like someone said, you do not need to be a financial expert, more so a finance minister, not to understand that ‘units’ are not cash - even my teenage son knows the difference.

 

From March until now, May, a long period of time had passed. This is simply a dishonest and calculated move to mislead. We need a more competent finance minister, as well as staff of the Finance Ministry. Malaysia does not deserve less.

 

Bluemountains: They lied and got caught red-handed when the fraudulent document was exposed in Singapore.

 

House speaker Pandikar Amin Mulia must now allow the finance minister, who gave the misleading reply in March, to be referred to the Privileges Committee for the minister to be suspended from Parliament for at least six months.

 

Joseph Lee: Indeed, when opposition members made similar mistakes, they were censured and suspended from Parliament for lying to the August House.

 

Pandikar, where is your fairness?

 

Anonymous$&@?: Telling one lie to cover up another is like digging a hole that goes deeper and deeper, until one fine day the digger/liar is buried under an avalanche of debris.

 

This is similar to the 1MDB lies told by the finance minister in trying to cover up a previous lie.

 

Sa Tombs: When I went to the market this morning, there was a hawker seated near a bank who offered me 50 sen for a RM1 note, thanks to 1MDB.

 

Like PKR president Dr Wan Azizah Wan Ismail said, they will resort to printing money soon as the IGP (inspector-general of police) has no guts to seize the assets of the families of all the past and present directors and advisers under the Money Laundering Act, like what the Malaysian Anti-Corruption Commission (MACC) did in Sarawak .                    

 

Or are they following the typical mentality of certain people - "My money is mine and your money is also mine."

 

EmEmKay: Now it is proven that the BN government is not sincere in giving out answers relating to 1MDB.

 

It is similar to the goods and services tax (GST). Previously, the government said the GST will replace the sales and services tax (SST), but now they beating around the bush with all sorts of excuses.

 

Oh Ya?: Najib does not have any credibility left and the 1MDB saga is getting murkier and murkier. It does seem that resigning honourably is the only option for him.

 

Jaguh: Next they will correct this statement and say that it's in units of Ufun tokens .


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