Pages

Tuesday, October 03, 2023

Is giving immunity to Syed Mokhtar in the public interest?


Murray Hunter

Is giving immunity to Syed Mokhtar in the public interest?

Why should kleptocrats get away free?



MURRAY HUNTER





When former prime minister Muhyiddin Yassin was hauled to court on charges involving bribery, money laundering, and abuse of power, many were perplexed there was no co-accused in the case. If Muhyiddin had received bribes, then the person or people who gave the bribes should also be charged.

Under the law, if the charges are sustained, both the giver and receiver of any bribe should be equally guilty.

Muhyiddin was accused of receiving RM 120 million in illicit funds from Bukhary Equity Sdn. Bhd. Syed Mokhtar Shah Syed Nor and his wife Sharifah Zarah Kechik are the directors of the company, which is 99 percent owned by Syed Mokhtar.

As directors of Bukhary Equity, both should be standing on the dock with Muhyiddin.

It is obvious that this is either a selective prosecution of Muhyiddin, or Syed Mokhtar has done a deal for immunity.

Which ever way one examines the optics of Muhyiddin’s case, it appears Malaysia has a two-tier justice system, which prosecutes political enemies and turns a blind eye to kleptocrats. There is a law for the Rakyat, but a different law for cronies and kleptocrats.

If the government is serious about Zero Tolerance of Corruption, then all must be equal before the law. Going after and prosecuting politician will not end corruption, if those who pay the bribes and commissions are not dealt with under the law.

The Malaysian Anti-Corruption Commission (MACC) was given a mandate to investigate commercial cases of corruption a couple of years ago. So, has the MACC done a deal here, or is the MACC not doing its job correctly?





This the MACC must answer.

Consequently, the injustice of the Muhyiddin case is that the ones who gave the alleged bribes in the first place are free.

The new government should be making an example of kleptocrats, dismantling their rent-seeking empires and freeing distorted and restricted markets so the Rakyat can compete on a level playing field with crony capitalists.

In the Bukhary Equity case, the kleptocrats are getting away. They are the ones raping and pillaging the economy in the name of Bumiputera equity. Who is being cheated here?

Anwar must create equality of opportunity in the economy. The Muhyiddin case just exposed how inequitable business really is in Malaysia.


No comments:

Post a Comment