Showing posts with label 1MDB. Show all posts
Showing posts with label 1MDB. Show all posts

Thursday, 11 January 2024

Higher the call, so is the fall!

Man On The Run (Documentary, Netflix; 2023)
Director: Cassius Michael Kim

We all know the drill. We have heard it all before. The Government started a novel project selling government bonds to buy oil fields in Central Asia. With the returns, the Government, via its subsidiary, 1MDB, would pour money into the country, which would help improve the living conditions of its citizens.

The trouble was that the same who applied for the money from the Government approved the loan, executed the loan, received the loan and received the returns were all the same person. Najib Razak is the 1MDB Chairman, Minister of Finance and the honourable Prime Minister of Malaysia. And there were no oilfields that were bought. Still, the whole exercise saw many people making loads of money, enjoying obscenely decadent parties, and the Malaysian taxpayers paying exorbitant amounts of money as interest to international players.

Even though the local journalists kept crying foul and were brave to publish the shenanigans, the powers that be managed to keep a tight lid. People in enforcement and investigation positions were hushed. A young prosecutor was even buried alive in a concrete can. Things only started moving when the US Department of Justice charged Goldman Sachs with foreign bribery.

With a provocative title like 'Man on the Run', I would like to find new scoops on Malaysia's most infamous fugitive, Jho Low. Nothing. He was nowhere to be found, without an interview or anything new about his whereabouts. With extensive narration from The Edge owner Ho Kay Tat, ex-MP Tony Pua, former AG Tommy Thomas, Clare Rewcastle of Sarawak Report and whistleblower Xavier Andre Justo, nothing new actually surfaced. Perhaps the most ridiculous interview was given by the big kahuna himself, Najib.

In an interview three months before his guilty verdict, he is comically seen lamenting the fact that he had been victimised. In a system where he is supposed to be protected, the system lets him down. He griped that the officials appointed to protect people like him did not do their job well. They, instead, should be the accused, not him. I thought Najib was losing the plot. He is not a monarch who inherits the post by birth. For heaven's sake, he is a leader of a democratically-elected government selected by the people to serve the people. The power that was wielded to him comes with specific responsibilities. A politician only lasts until the next election. Can he be so naive? Does he don the Emperor's clothes? Is he surrounded by sycophants who boated his ego so much that he thinks he need not be accountable? The whole 'speech' reeks of entitlement. Accountability and responsibility do not fall into the equation. It is mind-boggling to see so many who still think he is innocent and is a victim of political sleight of hand.

The whole imbroglio paints a very bleak picture of the Malaysian democratic process. It is as though we are a banana republic where law and order are only for show. The high-heeled can scoot off with millions right under everybody's noses. There is a glaring lack of checks and balances in the system. Too much legislative powers are given to the ruling party. The executive powers are too timid to carry out and enforce laws. The national coffers are made to be like the leaders' kitty. The judiciary arm and even the fourth estate are toothless.

The presentation needs to be more comprehensive in its coverage. Many of the key players and beneficiaries of 1MDB refused to be interviewed. That would include the self-proclaimed First Lady of Malaysia, Rosmah Mansur, representatives from Goldman Sachs, and the makers and cast of the movie 'Wolf of Wall Street', who were paid from proceeds of 1MDB.

Is this the watershed moment of Malaysian politics? Will its citizens awake from their slumber to ensure such blatant abuse of trust does not repeat? From the recent turn of events after the last elections, I seriously doubt it. Too many schisms and fractures have developed in the country, once earmarked as another Asian tiger. Look at it now. It is just a paper tiger lantern that could be engulfed by the fire ignited within its confines.




Wednesday, 11 December 2019

Thick as thieves?

The Post (2017)

The ongoing saga involving the former seemingly unassailable Prime Minister of Malaysia and its sovereign fund is a stark reminder that the world is ruled by an unholy union of politicians who conned the public, bankers who finance the whole fiasco, lawmakers who put a legal jargon to all these. Trailing them are a thick band of thieves, yeomen, hyenas and a slew of servants who would die or kill for their cause under the banner of nationalism. Depending on the setting, servants of God would get their hands dirty in the cookie jar to give a divine seal to all these shenanigans. 

In an environment of each wanting to fend for himself, in a world where 'The Truth' does not always prevail, and victors decide justice, the losers are the general public. Repeatedly the laypeople fall prey to the 'powers' of the day's sweet promises. In pursuit of happiness, they sacrifice my sweat, blood and tears.

They say we, the people, choose our leaders and the fate of our country. The politicians are at our mercy and not the other way around. But, increasingly, opposers to the status quo are cowed into submission by fear of harm and lost opportunities. The ongoing 1MDB trial opened the putrid cane of worms where civil servants are treated as lapdogs and rubber stamps for the ruling party. Amongst all these traitors emerge a lowly administrative officer, Nor Salwani Muhammad, who had the foresight to slip a recording device in her superior's pencil box to record certain vital proceedings.

I don't know him!
In a civil society, the last bastion of hope seems to be the media, the third force of resistance. Even that is a threat in many authoritarian societies. Press is no longer the purveyor of the truth but increasingly become mouthpieces of their financial masters.

The Washington Post is usually associated with the Watergate Scandal and Nixon's subsequent resignation as the US President. In 1966, an American State Department military analyst felt that the USA was misleading the public by convincing them that the war in Vietnam was proceeding well when, in reality, things were pretty bleak. The thought of the unassuming public sending their youngsters to be slaughtered in tropics pricked his conscience. The analyst decided to go public with documents that would prove the hypocrisy of three decades of US administration (post WW2) that had been hoodwinking the American public.

Even though it was first exposed to the New York Times, the filmmakers decided to tell the story from the viewpoint of the Washington Post who was struggling with a lady leading the helm as its publisher. The Post was the second newspaper that was approached to publish after the AG office shut down publications of the New York Times for articles deemed threatening national security.

The Post, a political thriller, shows the trials and tribulations of the journalists trying to fight for free speech, The First Amendment. After the mumbo-jumbo of legal threat and repercussions from the Nixon administration, the Supreme Court decided to allow printing of the controversial news. Its justification was that the papers worked for the governed, not the governor!

Lesson learnt: The citizens decide the path of the country. Its leaders should lead their subjects towards this end. They serve the public, not themselves or some uncertain promise of the future. It is difficult, however, when the people are lulled and stupefied by years of indoctrination and self-aggrandisement.

https://www.malaysiakini.com/columns/503023






“Be afraid. Be very afraid.”*