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Saturday, June 27, 2015

EVEN THE ULAMA DISBELIEVE NAJIB'S 'JUSTO FARCE': Don't be diverted by latest tactics - PAS warns public

EVEN THE ULAMA DISBELIEVE NAJIB'S 'JUSTO FARCE': Don't be diverted by latest tactics - PAS warns public
The latest controversy over alleged tampering of emails involving PetroSaudi International will not clear government-owned sovereign fund 1Malaysia Development Bhd (1MDB) of its financial scandal, PAS said today.
The Islamist party's deputy president Tuan Ibrahim Tuan Man warned the public to be vigilant against any agenda to divert attention from the real problems facing the debt-ridden state fund.
He said the tampered email conspiracy did not answer pertinent questions such as why Lembaga Tabung Haji had purchased land in the Tun Razak Exchange for cash, or why the pilgrim fund was having problems re-selling the land.
Other unanswered questions included what 1MDB had kept in the Cayman Islands to the point that the money which was supposed to be brought back was now said to be in “units” in Singapore.
“And why are foreign banks asking for 1MDB loans to be paid back before the due date?
"And why does the government have to maintain a standby credit of RM950 million for 1MDB, or has the money been used up?
“Why is 1MDB having problems paying its loans?” Tuan Ibrahim asked in a statement today.
The deputy president reiterated the party's call for Prime Minister Datuk Seri Najib Razak to go on leave until investigations into 1MDB were complete.
“Najib needs to go on leave given that his position as Umno president is secure until 2018, now that the party elections have been postponed by 18 months.
“Or is Najib worried about the next move his deputy Tan Sri Muhyiddin Yassin might take, given that he had voiced his disapproval of Putrajaya stepping in to rescue 1MDB?”
Najib announced yesterday that Umno's elections which were scheduled for next year would be postponed by 18 months to allow the party to focus on strengthening Barisan Nasional (BN) ahead of the 14th general election.
His announcement today comes less than a year after Muhyiddin urged the party not to postpone its elections.
The prime minister is also under fire from the opposition as well as former prime minister Tun Dr Mahathir Mohamad over his administration's policies, especially controversies surrounding 1MDB.
Dr Mahathir has even called for Najib's resignation over his handling of the fund, which has incurred RM42 billion in debt in six years of operations, and which is being investigated by the Public Accounts Committee and the national auditors. - TMI
Najib has rebuffed Dr Mahathir's criticism and maintains that he will not resign because he has Umno's support. - TMI

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