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Aftermath of the MBI quake that rattled Penang

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This cover story from the Edge caught my attention:

According to news reports, more than two million victims in China are estimated to have been deceived into investing in MBI. The investments reportedly totalled RM300 billion, way more than what was siphoned away in the 1Malaysia Development Bhd (1MDB) scandal.

A banker points out that it would have been difficult for so much money to come into Malaysia without attracting the attention of Bank Negara.

“This incident happened after 2015, when Bank Negara was already under scrutiny for not raising a red flag when money came into the account of former prime minister Datuk Seri Najib Razak. Surely, if that kind of money flowed into MBI’s accounts in Malaysia, it would have caught the attention of the central bank,” he says.

Bank Negara investigated companies under MBI and its principal officers for money laundering activities and other offences related to financial services. Finally, Teow, his son, another director and two companies — MFace International and MBI Marketing — were fined a total of RM20 million in August 2018 for undertaking unauthorised payment activities.

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BN cruises to thumping win in Mahkota

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Barisan Nasional has taken a commanding lead in Mahkota with 20,032 votes against Perikatan Nasional’s 5,065 at 7.30pm.

Will PN at least be able to match the 7614 votes in bagged in Mahkota in the 2022 Johor state election?

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Penang DAP party election results

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The top 15 are:

Ramkarpal Singh – 1,247
Steven Sim – 1,237
Yeoh Soon Hin – 1,225
Zairil Khir Johari – 1,166
Daniel Gooi – 1,133

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Tides of change: Malaysia’s urgent climate reality check

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Over the past couple of days, Penang has been hit by strong winds, swollen tides and heavy rain. Trees crashed down in several areas, like they did in Singapore.

The heavy rains have at least helped to fill up Penang’s dams, where water levels had declined of late.

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This Malaysia Day, let’s rise to harness our greatest asset – unity in diversity

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This Malaysia Day, let’s rise to harness our greatest asset – unity in diversity

On this Malaysia Day, Aliran celebrates the bonding together of the peoples of Malaya, Sarawak and Sabah in the Federation for 61 years.

Our nation’s greatest strengths are its diverse peoples and multicultural heritage – which contribute to our vibrant society. The existing inter-ethnic and inter-religious harmony we enjoy is a precious gift that has been handed down to us.

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We cannot leave politics to the politicians – the stakes are too high!

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We cannot leave politics to the politicians – the stakes are too high!

Recent elections in Europe have revealed a seismic shift in the political landscape. They have also laid bare a growing discontent around the world.

In many nations, centrist or mainstream political parties have failed to deliver on the “people’s agenda”: affordable healthcare, adequately funded public education, as well as genuinely affordable housing, energy and nutritious food.

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Nenggiri by-election outcome

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A couple of weeks before this by-election, Tasik Gelugor Pas information chief Abdul Rahman Kasim did not sound confident at all.

Rahman, who is on the ground in Nenggiri in Kelantan, rated Perikatan Nasional’s chances in the by-election as 50:50 at best. He said Umno had a strong presence in the area, going by the number of operations stalls it had.

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Sign of the times: Taiping Lake Garden’s vanishing water

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Sign of the times: Taiping Lake Garden’s vanishing water

This is what the Taiping Lake Garden looks like these days. (Photo taken on Saturday.) It’s drying up.

Imagine this is happening in an area that has long been known as the wettest region in the country.

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Echoes of defeat: Five things Anwar must do to win back Malaysia’s trust

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Echoes of defeat: Five things Anwar must do to win back Malaysia’s trust

The most telling moment for the “unity government” came on Sunday night, when a crowd of a few thousand at a dinner banquet applauded DAP MP Lim Lip Eng’s announcement that Pakatan Harapan had lost the Sungai Bakap by-election.

Imagine that. If that is not writing on the wall for Prime Minister Anwar Ibrahim, I don’t know what is.

Two years have flown and if Anwar does not buck up, he will lose the next general election. Look what just happened to Rishi Sunak and Emmanuel Macron in the UK and France.

Alarm bells at Sungai Bakap

Clearly, many among the ethnic minorities are no longer willing to give PH their undivided support. But because many of them feel they do not have a political alternative they are comfortable with, they stayed out of the Sungai Bakap by-election.

Some of the ethnic majority, the Malays, have no such qualms about voting for the opposition, so they switched their support from Umno or PH to Perikatan Nasional. Full article on Aliran website

‘Madani’ government reforms – Are they happening?

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Watch the webinar!

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