How long can Najib last?
Everywhere you go, thanks to social media and instant messaging, the 1MDB scandal/Tabung Haji controversial land deal is on the lips of most people.
The 1MDB debt scandal … and now the Tabung Haji uproar over its purchase of land from 1MDB, widely seen as a bailout.
It doesn’t take a genius to figure out that there is a clear conflict of interest in this deal.
The Malaysian Insider in a commentary on 1MDB and Tabung Haji noted:
The only people, who appear to not be conflicted and who gave an independent view, were members of Tabung Haji’s risk management committee.
The committee stated clearly that the purchase was a high risk – a point that the management, investment panel and advisory board chose to ignore.
Never mind the opposition politicians. There is a gathering storm within Umno.
Not only has Mahathir come out with all guns blazing…
now, Muhyiddin has joined in.
And the latest to jump on the bandwagon are Mukhriz and Hishammuddin Hussein.
(Razaleigh meanwhile has slipped out of the media radar for a bit.)
But take a look at this statement from Penang Umno Youth chief Rafizal Abd Rahim. That should give Umno some real cause for concern.
Rafizal says despite Umno Youth’s local activities during the Permatang Pauh campaign, voters were more concerned about national issues. He lists them as follows and wants answers from the national leadership including the PM:
- Lack of a satisfactory explanation and absence of findings from the Auditor General regarding 1MDB.
- The soaring cost of living with the implementation of GST and lack of enforcement over profiteering.
- The revelation of the 1MDB/Tabung Haji land deal a day before polling day in Permatang Pauh.
If you thought Pakatan was in a bit of disarray over Pas’ hudud initiative, Umno (forget about MCA and MIC) faces an internal revolt over Najib’s leadership and lack of accountability. Apart from being PM, Najib is also Finance Minister and chairman of the Board of Advisors of 1MDB.
What is the Najib administration going to do now? Use the Sedition Act against the critics within Umno?
We cannot underestimate the emotive impact of Tabung Haji. A Muslim friend told me, all the adults in his immediate and extended family have accounts with Tabung Haji – and they are concerned. “Just among them alone, I estimate they have about RM400000 invested in Tabung Haji.”
For their part, ordinary people are longing for clean, accountable government with policies that put people – not corporations, property developers and cronies – first.
If Umno-BN does nothing about this affair, then they will be staring at a political abyss.
What do you think?