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Thursday, February 23, 2017

HRH the Sultan speaks out again


Salleh Said Keruak

Today HRH the Sultan of Johor gave the worst-ever dressing down to who he referred to as demented-leader, who many believe His Highness meant Tun Dr Mahathir Mohamad. And this is not the first time Mahathir has been given an earful by His Highness, mind you.

It would be wise for Mahathir to heed what His Highness said. The fact that His Highness was forced to rebuke Mahathir shows that he has gone beyond the boundary of decency where even His Highness can no longer tolerate it.

Mahathir now appears unable to separate his personal grudge from the interest of the nation. Mahathir is bringing ridicule upon himself and he has only himself to blame for it.

Sunday, February 12, 2017

This is just the beginning for DAP


Salleh Said Keruak

The resignation of the four DAP representatives from Melaka proves what many have known for some time: which is the DAP grassroots leaders are not happy about Lim Kit Siang flirting with Tun Dr Mahathir Mohamad. For some time many DAP leaders have been unhappy with Kit Siang and Guan Eng and now it appears to have finally reached breaking point.

There are many more in DAP who feel the same way but for the sake of the party they do not want to rock the boat. There are also Malays who support Pakatan but who are unhappy with Mahathir's role in the opposition. What Dr Wan Azizah Ismail said yesterday expresses the sentiments of many Malays.

The credibility and integrity of both DAP and Pakatan Harapan have suffered these last two years because of the unholy alliance between Mahathir and Kit Siang. All the gains the opposition made in 2008 and 2013 are going to be lost in the next general election.

No one doubts that both Mahathir and Kit Siang are serving their personal political agenda at the sacrifice of the interest of the voters. And the voters will show their unhappiness in the next election if this state of affairs continues.

The fact that Mahathir and Kit Siang said many nasty things about each other in the past and now embrace each other demonstrates a lack of principles and morals. As much as you may be united by a common objective, you still need to maintain some level of honour and integrity.

The damage, however, has already been done and after this U-turn it will be impossible to do yet another U-turn. The main unhappiness is with Kit Siang and Guan Eng so it does not take a genius to figure out the solution.

Wednesday, February 8, 2017

‘NEGARAKU’ INITIATIVE INSTILLS POSITIVITY, PRIDE AND BELIEF FOR THE NATION

Press Statement YB Datuk Seri Panglima Mohd Salleh Tun Said Keruak
Menteri Komunikasi dan Multimedia

 ‘NEGARAKU’ INITIATIVE INSTILLS POSITIVITY, PRIDE AND BELIEF FOR THE NATION

8 February 2017 - As we embark upon the year 2017, let us be thankful that Malaysia has been blessed with peace and harmony ever since our national anthem ‘Negaraku’ was played. Despite its young age, our nation has made tremendous progress and is on par with the world’s giants in many aspects. Without a doubt, the key to our success is in the unity of our people, and thus, we must remain united despite condemnations from those who have ill intentions.

Unfortunately, this negativity has in some way threatened the loyalty and pride of some for our country. It is our responsibility to rally together and celebrate our love for Malaysia; never let this love fade, but let it inspire us to nourish our nation’s glory.

We as Malaysians must instill in ourselves the spirit of ‘Negaraku’ – an initiative launched by the government that is driven by the love and passion for our country, innate in all Malaysians. The spirit of ‘Negaraku’ encourages us to embrace whatever differences we may have and come together as one people to inspire positivity, pride and belief for our great nation.

Building on Tunku Abdul Rahman’s statement that unity is our fundamental strength as a people and as a nation, the spirit of ‘Negaraku’ can only truly materialise by carrying the voice of Malaysians from all walks of life, regardless of race and ideology.

The journey that we took together to develop Malaysia into what it is today was not without its growing pains. Yet, our hearts are made stronger by holding on to the spirit of ‘Negaraku’ through our bleakest moments. It has made us conscientious in evaluating right from wrong, understand each other better and given us strength to defend the honour of this country, our country.

Therefore, let us come together to galvanize the spirit of ‘Negaraku’ even further and drive our nation to greater heights. My Country, My Nation, Negaraku.

-END-

Kit Siang needs more tuition from Tony Pua


Salleh Said Keruak

Today Lim Kit Siang asked me to take tuition from Tony Pua to improve my knowledge on financial matters, "as a little knowledge is dangerous", Kit Siang said. I take it Kit Siang has himself been tutored by Tony, whom he seems to regard as a financial guru.

What Kit Siang listed down in his blog are merely the operational issues involved in doing business. Companies raise funds from various sources to buy assets and do business. That is quite normal unless the company starts business with a huge paid up capital. And in 1MDB's case the start up capital was only RM1 million.

The issue here is did 1MDB physically lose RM42 billion like what has been alleged? Tun Dr Mahathir said RM42 billion has lesap or disappeared into thin air. This would mean 1MDB has nothing to show for it. That is not true because 1MDB has RM51 billion worth of assets to show for it plus ongoing development for the next couple of decades.

So I do not need tutoring from Tony, like Kit Siang does, to understand something so fundamental. And I did not attend the Save Malaysia Roundtable because the event was not about saving Malaysia but had other ulterior motives and hidden agendas.

On the BMF and Bank Negara Forex issues, which Kit Siang mentioned, those are real and physical losses with no benefit to the country. On the other hand, 1MDB is a going concern. Maybe Kit Siang should change tutors if Tony did not explain this to him.

Tuesday, February 7, 2017

RCI only needed on BMF and Bank Negara Forex scandals


Salleh Said Keruak

Lim Kit Siang and Tun Dr Mahathir Mohamad are sour grapes and are not comparing apples-to-apples when they say a Royal Commission of Inquiry (RCI) is needed not just for the BMF and Bank Negara Forex scandals but also for 1MDB as well. 

Maybe Kit Siang and Mahathir overlooked the fact that 1MDB has already been investigated by the PAC, Special Task Force, Auditor-General, Attorney-General, PDRM, MACC, etc., plus reports regarding the matter prepared. Regarding the BMF and Bank Negara Forex scandals, however, no such thing was done and, in fact, at that time Parliament was misinformed about the matter and only today are we discovering the truth.

The government’s real exposure in 1MDB is only RM1 million, the initial paid up capital. Mahathir, however, is creating the impression that the government lost RM42 billion, which is not true and is a fabrication. In the case of the BMF and Bank Negara Forex scandals, though, the losses were real and substantial and involved massive capital injections and bail-outs to avoid bankruptcy. While the finances of 1MDB is an open book, until today we do not know the truth regarding the finances related to the BMF and Bank Negara Forex scandals. That is why the need for a RCI on these two matters.

The government has never needed to bail out 1MDB with any capital injection (other than the initial RM1 million capital injection) like in the case of the BMF and Bank Negara Forex scandals, which cost the country hundreds of billions. Even then we do not know how much the amount really was, unlike  in 1MDB’s case. And only a RCI can get to the truth regarding the BMF and Bank Negara Forex scandals.

Friday, January 27, 2017

Mahathir cannot explain this away so easily

Salleh Said Keruak

The latest revelations regarding the BMF and Forex scandals have put Tun Dr Mahathir Mohamad in a very awkward position. As much as he is attempting to explain away the issue and treat them as if they are not material, it invariably reveals his hypocrisy and doubled standards. This is the conclusion anyone would draw from his recent very defensive chedet.com posting.

Without question the CIA report exposes Mahathir's responsibility in this mega-billion loss suffered by the country. And as usual Mahathir blames others except himself for this financial disaster. The BMF and Forex scandals makes Mahathir the last person in Malaysia qualified and credible enough to ask Prime Minister Najib Tun Razak to step down from office citing 1MDB as the excuse.

While Mahathir refuses to accept responsibility for the BMF and Forex scandals, he is using the  1MDB issue as an excuse to topple the Prime Minister. The truth is 1MDB was sabotaged to turn it into a problem and it started with the sabotage of the IPO.

Wednesday, January 25, 2017

Mahathir's ludicrous conspiracy theory


Salleh Said Keruak

Tun Dr Mahathir Mohamad said that the recently-released CIA report implicating him in the 1983 multi-billion BMF scandal is meant to demonise him. And the reason the CIA wants to demonise him, said Mahathir, is because he criticises the US.

If that is true why did the CIA wait 34 years to do this? They would have done it when he was still Prime Minister and not now when he is no longer important to the US.

Actually the BMF report is just two pages of 13 million pages that the CIA declassified and is purely coincidental. The CIA did not declassify just these two pages regarding the BMF issue alone.

Many countries declassify documents that are classified or under the Official Secrets Act after 25, 35, or more, years depending on the sensitivity of those documents. Some, of course, remain classified forever. But for Mahathir to suggest the CIA declassified 13 million pages of documents just so that they can leak two pages related to BMF aimed at demonising him is ludicrous.