Malay leaders don’t betray Malays and Bumiputeras the most fortunate in the world
9 Mar 2024 • 11:30 AM MYT
M. Krishnamoorthy
A media coach, associate professor and an undercover journalist
Zaid Ibrahim says Malay leaders don’t betray Malays. Image source: FMT
Former lawyer minister Datuk Zaid Ibrahim said the Malays should ensure those entrusted to protect and the community do not betray them.
"Jagalah Pagar; Supaya Pagar tidak makan padi (a Malay proverb that reminds the Malays to make sure those trusted to protect them do not end up betraying them).
"If there is one thing we should be concerned with, it is what our forefathers told us five hundred years ago,” Zaid reminded them of the Malay proverb in his latest Facebook posting, as reported in the New Straits Times.
Zaid said it was only understandable for Bursa Malaysia chairman Tan Sri Abdul Wahid Omar to speak of fears about the dwindling Bumiputera interests in the private sector when speaking at the Bumiputera Economic Congress yesterday.
He added that the Malays in the country had little to worry about and there was no reason for alarm over revelation that only one out of 97 listed companies in Bursa Malaysia in the last three years is Bumiputera-owned.
Zaid said it was only understandable for Bursa Malaysia chairman Tan Sri Abdul Wahid Omar to speak of fears about the dwindling Bumiputera interests in the private sector when speaking at the Bumiputera Economic Congress.
The former Kota Baru member of parliament started his posting - titled Another Day at the Congress by pointing out that Wahid was a well-known Malay technocrat.
Zaid said it was understandable that a Malay leader speaking at the Bumiputra Congress must pitch the speech appropriately to an audience anxious to hear how they will be saved.
"You have to be alarmist and caring about their bleak future and be seen as a saviour. However, Bumiputeras/ Malays generally do not have to worry too much. In this country, Bumiputeras control everything....we have a Bumiputera government...Petronas and the biggest banks are practically Bumiputeras.
"PNB (Permodalan Nasional Berhad) owns all the significant conglomerates for the Bumiputeras. Khazanah and the hundreds of GLCs (government-linked companies) are Bumiputeras," he said.
Zaid said Chinese promoters should be allowed to get some limelight and be the owners of listed companies.
"Give them a break. After all, who knows that behind the beneficial ownership list, there are links to other interests in the subterranean corporate world of the country? Everything is possible.
"To the Malays, I say relax. Our leaders are doing everything for us. The worldly matters, that is. No group in the world is as fortunate as the Bumiputeras."
Freelance Writer M. Krishnamoorthy (www.imkrishna.net) is a media coach, adjunct professor and undercover journalist. He has freelanced with Bernama, NST, The Star, and Malaysiakini. He also freelances as a fixer/coordinator for CNN, BBC, German and Australian Television networks and the New York Times. As an undercover journalist, he has highlighted society's concerns.
Former lawyer minister Datuk Zaid Ibrahim said the Malays should ensure those entrusted to protect and the community do not betray them.
"Jagalah Pagar; Supaya Pagar tidak makan padi (a Malay proverb that reminds the Malays to make sure those trusted to protect them do not end up betraying them).
"If there is one thing we should be concerned with, it is what our forefathers told us five hundred years ago,” Zaid reminded them of the Malay proverb in his latest Facebook posting, as reported in the New Straits Times.
Zaid said it was only understandable for Bursa Malaysia chairman Tan Sri Abdul Wahid Omar to speak of fears about the dwindling Bumiputera interests in the private sector when speaking at the Bumiputera Economic Congress yesterday.
He added that the Malays in the country had little to worry about and there was no reason for alarm over revelation that only one out of 97 listed companies in Bursa Malaysia in the last three years is Bumiputera-owned.
Zaid said it was only understandable for Bursa Malaysia chairman Tan Sri Abdul Wahid Omar to speak of fears about the dwindling Bumiputera interests in the private sector when speaking at the Bumiputera Economic Congress.
The former Kota Baru member of parliament started his posting - titled Another Day at the Congress by pointing out that Wahid was a well-known Malay technocrat.
Zaid said it was understandable that a Malay leader speaking at the Bumiputra Congress must pitch the speech appropriately to an audience anxious to hear how they will be saved.
"You have to be alarmist and caring about their bleak future and be seen as a saviour. However, Bumiputeras/ Malays generally do not have to worry too much. In this country, Bumiputeras control everything....we have a Bumiputera government...Petronas and the biggest banks are practically Bumiputeras.
"PNB (Permodalan Nasional Berhad) owns all the significant conglomerates for the Bumiputeras. Khazanah and the hundreds of GLCs (government-linked companies) are Bumiputeras," he said.
Zaid said Chinese promoters should be allowed to get some limelight and be the owners of listed companies.
"Give them a break. After all, who knows that behind the beneficial ownership list, there are links to other interests in the subterranean corporate world of the country? Everything is possible.
"To the Malays, I say relax. Our leaders are doing everything for us. The worldly matters, that is. No group in the world is as fortunate as the Bumiputeras."
Freelance Writer M. Krishnamoorthy (www.imkrishna.net) is a media coach, adjunct professor and undercover journalist. He has freelanced with Bernama, NST, The Star, and Malaysiakini. He also freelances as a fixer/coordinator for CNN, BBC, German and Australian Television networks and the New York Times. As an undercover journalist, he has highlighted society's concerns.
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