Thursday, July 06, 2006

Tajudin's Revelations about MAS & Bank Negara Malaysia

I was just watching Commander in Chief on TV, and there was something that the Speaker of the House said to the Madam President.

"This is Washington D.C. You have no friends. You only have enemies and you have us. We'll be enemies soon enough."

Okay... maybe that's not exactly it. But I was in the shower and at least that's what I think I heard.

Anyway... it's apt. Tajudin has been regarded as one of Tun Mahathir's closest associates and one of the biggest beneficiaries of Tun M's largesse. And he has just stuck the longest, rustiest dagger yet into the back of Tun M.

I have no friggin idea what real details are about the deal, or whether the over-riding agreement mentioned by Tajudin is genuine or whether deals of this sort are right or wrong. Was Bank Negara really in trouble? And do you let it collapse and bring down the rest of the economy with it? But I do know that it's not the only deal of its kind and governments of all countries make clandestine deals like this all the time. And they will continue to do so in the future.

Read more about the details here, and make up your own mind.

However, I will say this. We, the Malaysian public, need to be careful, very very careful, that we don't fall into the trap of focusing on the past. And in the process, place the future in peril by ignoring the present.

Like I mentioned in my blog about the 22 points raised against Tun Mahathir (apparently, some other fellow raised a further 17 points in a letter to - we can spend all our energies trying to exorcise our past by pursuing the wrongdoings of past govts, OR we can direct our efforts at purging the present govt of corrupt and dangerous elements.

I'm not trying to justify any past wrongdoing of Tun M's govt, but we need all the help we can get to make sure Abdullah's Badawi's govt doesn't get away with any present wrongdoing (if indeed there's any, of course ;p).

Take care of the present, and the past will work itself out in the future.

All in all, a good counter-punch by Tun M's enemies. And both are not even back from holidays yet.

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