The importance of facts and sources

The dangers of relying on the word of activists, not governments, is evident in the calls for an investigation into Sarawak Governor Taib Mahmud. Daniel Read of Free Malaysia Today provides us with some great insights .. Malaysian prosecutors and investigators have been weighed down with information as, in the wake of Barisan Nasional’s (BN)…

1MDB board of directors offers to resign after PAC report

The  board of directors of 1Malaysia Development Bhd (1MDB) had on Thursday morning collectively decided to offer its resignation to MoF Inc., which is the 100% shareholder. The board said on Thursday this had been a difficult decision to take but “we believe is the right thing to do, given the circumstances, in order to…

When the anti-Najib forces are bankrupt of issues

And what about the RM20 million that Khairuddin Abu Hassan was allegedly paid to finance his attack on Najib and 1MDB? Did the money come from Muhyiddin or did the money come from Dr Mahathir? And can Khairuddin give us a detailed accounting of how he spent that RM20 million? Blogger Raja Petra Kamarudin provides…

Ringgit slumps to 17-year low on 1MDB debt woes, growth concerns

Malaysia’s ringgit sank to a 17-year low as concern about the finances of a state investment firm at the heart of a political scandal worsened the outlook for an economy rocked by plunging oil prices and an emerging-market sell-off.The ringgit depreciated 1.3% to 4.2680 a dollar as of 10:17 am in Kuala Lumpur, reversing Tuesday’s 1.2% gain,…