“Time Magazine quoted an economist at Morgan Stanley in Singapore as saying that the country might have lost as much as US$100 billion since the early 1980s to corruption”
The above is an extract from an interview of a psychopathic and delusional old man by the Nikkei Asian Review yesterday. He said that he had never abused his power when he was the Prime Minister.
If you have a copy of Barry Wain’s ‘Malaysian Maverick‘ you can see the list of abuses that Mahathir had done during his premiership. And those are only the ones that Mr Wain had discovered.
Time Magazine quoted an economist at Morgan Stanley in Singapore as saying that the country might have lost as much as US$100 billion since the early 1980s to corruption. Under Mahathir’s 22 years term, there were monetary losses amounting to over at least hundred of billions of Ringgit and this excluded those unaccounted for, and irretrievable.
Another politician, Syed Husin Ali, whose party is now worshipping Mahathir said, “Petronas has neither been fully transparent nor accountable with how it spends its money, especially in aiding and abetting Tun Mahathir to indulge in unproductive construction of mega projects, to bail out ailing crony companies and corporate figures, and to involve itself in excessive and wasteful spending on celebrations and conferences.”
For the record, Mr Wain has never been sued by Mahathir. Neither has Mahathir’s foe-turned-best friend Lim Kit Siang been sued for his remarks on the former.
Lim Kit Siang aka The Emperor once wrote:
“If we examine the decade of the Mahathir administration, we will find that the scandals, unaccountability, the human rights violations and abuses of power have one common thread – to protect and further the economic interests of the ruling political elites. This necessitated a growing concentration of political power in the hands of the Executive and increasingly in the hands of the Prime Minister, at the expense of the fundamental constitutional principles of the Separation of Powers among the Executive, Legislature and Judiciary, the Independence of the Judiciary and the Rule of Law.
Under his political culture, the role of Law and Judges is not to ensure justice and protect human rights, but to protect the vested economic interests of the powers-that-be from expose and jeopardy.
Two-thirds parliamentary majority has become a blank cheque for abuses of power and human rights violations.”
Emperor Lim was notably vocal on the issues of the Forex scandal that all but wiped out our Bank Negara reserves and also the BMF scandal before he became the jockey that now rides on the political mule called Mahathir. But the things he wrote on Mahathir are still there waiting to be used against the latter should he (Mahathir) forget his current position – a mule