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Thursday, 25 June 2015

Thailand and Abu Dhabi govt are possible "cronys", plots to blacken face and auditors should NOT be trusted.

Tun Mahathir cannot rule out that Thailand govt conspired with Malaysian Govt and very clever people in the "suspicious and planned" arrest of sacked PetroSaudi exec Xaivier Justo. 
"What makes me puzzled is that he didn't commit a crime in Thailand. He committed the crime in Saudi Arabia. 
"Usually, other countries don't care unless he is a terrorist," Dr Mahathir told a press conference after a buka puasa event with PERKASA. 
"I guess he must be a terrorist, that's why Thailand arrested him. If it was just a matter of defrauding a company, that should be Saudi Arabia's problem." 
Dr Mahathir added that he did not know whether Prime Minister Datuk Seri Najib Razak was involved in the matter. 
"I don't know, because we are finding some very clever propagandists working very hard, so now my face is blackened and my legacy all has been destroyed," said Dr Mahathir.

2.  Tun M believes the emails in Sarawak Report are real and not tampered with.
He also he believed the emails on PetroSaudi, which Sarawak Report published on its website earlier this year, had not been doctored. 
"If you look at the series of emails, it was not tampered with," said Dr Mahathir. 
When asked if he was prepared to apologise should authorities prove that the leaked documents on 1MDB had been tampered with, Dr Mahathir was non-committal. 
"I will see what he says. But the circumstances appear suspicious. It seems planned. Many clever people are involved."

3. Tun M advise the public not to trust auditors - including Big 4 internationals KPMG and Deloitte 
Dr Mahathir also added that the public could not trust 1MDB's auditors, which had given the troubled company a clean bill of health. 
"Audits cannot detect all wrongdoings. Auditors just read the accounts. The person doing the accounts can lie if they want to. 
"They can do all sorts of lies, so the audit would not be able to detect it."

4, Tun M defends Tony Pua's right to be biased
He said those who criticised the DAP lawmaker for being biased should realise the bi-partisan panel mostly comprised biased Umno MPs. 
"They said Tony Pua is biased, that he is one-sided. But the others are biased too, they are on Umno's side. So they are all considered biased. 
"So in the end you, you might as well not have (PAC). And we (Barisan Nasional) will last through the next elections,"‎

5. Reuters carries report that says Abu Dhabi Govt's  US$4.5 billion (RM16.9 billion) asset-debt swap is political motivated due to close ties and brotherhood with Malaysia
"I think the 1MDB deal has a more or less political motivation behind it... It symbolises the importance of bilateral ties between the GCC (Gulf Cooperation Council) and Malaysia," said Sergey Dergachev, senior portfolio manager for emerging market debt at Union Investment Privatfonds in Germany, which holds IPIC bonds. 
Abu Dhabi and Malaysia have close investment and diplomatic ties, which have strengthened since the global financial crisis.

1 comment:

  1. First time I heard Mahathir praised his opponents by saying "many clever people are involved" and planned the arrest. Haha.