Najib spooked by close electoral race says portal

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A defeat for Najib Razak and his party would almost certainly expose what has until now remained undercover on 1MDB, said Finews.asia.

The portal said such a prospect has spooked the Malaysian PM and the ruling party the Barisan Nasional (BN).

“The PM and his ruling party appear spooked by the close race. Electoral officials are attempting to rush through changes to voting maps, which are expected to bolster Najib’s standing,” said Finews.

It said the embattled Malaysian leader who is facing snap elections in coming months with the billion-dollar graft scandal surrounding state fund 1MDB threatening to resurface.

While Singapore has shut the book on 1MDB, a scandal which shut down two banks and led to charges against private bankers over money-laundering and other crimes, Switzerland is still in the midst of conducting criminal proceedings as part of a six-country probe led by American prosecutors.

Malaysia has simply buried the 1MDB scandal under the carpet while its court has sentenced an MP-whistleblower Rafizi Ramli to 30 months jail on the eve of the 14th general elections (GE14).

The U.S. alleges that $4.5 billion was pilfered from 1MDB and used for everything from luxury real estate to a diamond necklace for first lady Rosmah Mansor – or «kleptocracy at its worst,» as U.S. prosecutor Jeff Sessions called it in December.

While Najib expected the 1MDB issue to die out despite the former Umno strongman Mahathir Mohamad’s focus remains the matter of the billions of dollar that are either missing or were misused by people close to the state fund, the scandal is still pretty much alive.

Close race

“Najib enjoys wide popularity, in part because the Malaysian opposition is in such pitiful shape that is has been forced to enlist the former PM – Mahathir Mohamad

“Mahathir is no silver bullet: at 92, he was forced to pledge to serve no longer than two years if elected, and he is hobbled with his own scandal over foreign exchange losses in the 1990’s,” said the portal.

9 COMMENTS

  1. Let’s look at the BIG picture. If BN wins and continue to win in the future, it will be good for ASEAN at least from those economic weak countries like Philippines, Vietnam, Laos and even Indonesia because they will have one less potential strong competitor to deal with. For example, if China started its strong economic growth from 1949 after winning the civil war, Japan, Korea and Taiwan will not able to grow that much to become the Tiger economies. So too were Asean if China were as than strong like now.
    So, come back to Malaysia, under BN, at most they will be getting mediocre growth (compared with others like S.korea) as can be seen from the last 60 years, and as BN cannot reform itself due to its internal dynamics, the next 60 years will be no better. This will give opportunity for the other hungry, reform-ready countries to have a good chance to draw in the foreign resources and expertise.

    • You like to see a weak Malaysia in order to have a strong ASEAN? Is Malaysia not a member of ASEAN? Why would a weak Malaysia and a strong Veitnam/Laos/Phillipines/Indonesia be a better option? What “less potential strong competitor” are you talking about when ASEAN, od which Malaysia is a member, is meant to keep member countries STRONG against China, EU, the US…? What good does it do to the whole of ASEAN if Malaysia is weak? You are, seriously, FOS!

      • My point is Malaysia will be economic strong if it is led by honest, capable, honest and dedicated people. An economic strong Malaysia is good for Asean, good for its people. I always have the opinion that were Malaysia governs properly from 60 years ago, Malaysia should be more like Japan, S Korea and definitely more prosperous than Singapore, but they have squandered the money, resources and time. Sighhhh

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