Daulat Dato’ Defacto Deformasi

Well, I knew he was Finance Minister in 1992, when the stupid forex gambling with public money went bust to losses of billions. But I wasn’t sure whether he was involved, much as he was the Finance Minister, so I gave him the benefit of the doubt by believing that the forex fxxkup only involved Dr M and the governor of Bank Negara.

It turned out he was a forex f*up fibber. And who called him that? None other than Lim Kit Siang. Of course this was way back in 1994.

Extracts of Lim’s main points which he told Parliament – from Malaysia-Today:

There are two other reasons why Anwar Ibrahim must bear personal responsibility for Bank Negara’s forex losses.

Anwar Ibrahim said last week that he had directed Bank Negara to stop forward foreign exchange trading when he discovered its forex losses 18 months ago. If Bank Negara had followed his instructions to stop forward forex trading in 1992, then how could Bank Negara suffer RM5.7 billion losses in 1993, on top of the RM10.1 billion to RM13.1 billion losses in 1992?

Usual manmanlai!

Furthermore, Anwar Ibrahim had misled Parliament last July when I questioned him whether Bank Negara had suffered more forex losses. Anwar said that this was not true as he had been monitoring the Bank Negara’s forex dealings weekly.

On July 19, 1993, I asked Anwar Ibrahim a supplementary question during question time as to whether at that date, Bank Negara’s provision of Rm2.7 billion contingent liability for forward forex trading in the 1992 Bank Negara accounts had not only been confirmed, but even more forex losses had been incurred.

This is Anwar’s reply, from the Hansard of 19th July 1993(p. 28):

“Dato Seri Anwar bin Ibrahim: Tua Yang di-Pertua, dukacita saya memaklumkan ini satu berita yang kurang baik bagi Yang Berhormat dari Tanjong. Kerugian yang dimaksudkan itu tidak berlaku dan tidak bertambah. Yang Berhormat mahu percaya atau tidak, tetapi saya ada maklumat yang sebenar tentang keadaan tersebut. Saya juga meneliti tiap-tiap minggu perkembangan kerana masalah yang dihadapi sebelum ini…. Saya ingin member jaminan kepada Yang Berhormat bagi Tanjong bahawa perkara ini kita teliti lebih dekat dan kita lebih waspada kerana pengalaman yang lalu.”

In this one short answer, Anwar Ibrahim had misled Parliament and the nation on three matters: [and why should be surprised wakakaka]

* that by July 1993, the provision in the 1992 Bank Negara accounts for RM2.7 billion contingent liability for forward forex trading had not been confirmed;
* that Bank Negara had not suffered more forex losses; and
* that his weekly monitoring of Bank Negara’s forex dealings would prevent further colossal losses arising from Bank Negara’s forward forex trading.

If Anwar Ibrahim claims that he had directed Bank Negara to stop forward forex trading 18 months ago, and that “there are no new trading arrangements” last year as the central bank unwound its forward positions in the market last year (Business Times April 6, 1994), then Bank Negara should not have incurred RM5.7 billion when its contingent liability provision for such forward forex trading in end- 1992 was RM2.7 billion. [...]

Clearly Datuk Seri Anwar and Tan Sri Jaffar are not telling the truth as to when Bank Negara ceased new forward forex trading.

"... not telling the truth ..." means lying.

In Western democracy, when one had been exposed as having misled Parliament, one would resign. Ya, for Mr Manmanlai, you can tankookoo!

According to Chandra Muzaffar's relevation in Malaysiakini's Why US 'deep state' prefers Anwar over Najib, he would have also misled Pak Haji Nik Aziz when he (Anwar) claimed his support for "all efforts to protect the security of the state of Israel" included a requirement for Israel to respect the aspirations of the Palestinians. Apparently there wasn't such a stated condition in hsi interview with WSJ.

Whatever people may say about Chandra Muzaffar, his past achievement as Aliran founder and president speaks for his character. If he now rubs shoulders with UMNO (and I lament that) he is no different from Nallakaruppan, both of whom hate Anwar Ibrahim and his inner coterie for bloody-mindedly posing obstacles in their political career paths in PKR, but who also require a political platform to attack Anwar Ibrahim and his blue-eye boy.

Unless one is as rich as Zaid Ibrahim, one cannot have one’s own political platform, so one seeks the 'enemy of my enemy' to achieve one's purpose.

But whatever, it had been Lim Kit Siang (and not Chandra Muzaffar, Nalla, Zaid or whoever) who revealed the world’s greatest Finance Minsiter misled Parliament about the forex fxxkup.

Anwar’s list of manmanlai 'achievements' during his time in UMNO in various ministerial roles (and the following is not exhaustive) were:

• Forex fxxkup
• Subversion of democracy during the 1994 Sabah post-election election frogology
• Sparking the onset of Ops Lallang through his sinister attempt to send non-Mandarin educated headmasters to vernacular schools
• Islamic doa requirements at school to include non Muslim students, effectively a proselytizing program
• Shameful show of thuggery at Apcet II
• Silence in the persecution and incarceration of Lim Guan Eng in the Melaka statutory rape case – where silence was agreement
• Demagoguery ('Cina balik Tiongsun', 'stop the bells from ringing at Indian temples', etc)
• etc

Daulat Dato’ Defacto Deformasi!