Home News Featured News Elections in July says Sarawak Report

Elections in July says Sarawak Report




- Advertisement -

According to Sarawak Report, the bets are on for a July election in Malaysia.

Saying the rush with which Prime Minister Najib Razak in settling the IPIC case is indicative of the latter’s intentions.

The IPIC-1MDB scandal has a July 31 deadline given to 1MDB to settle its debt with the Abu Dhabi fund

“Which is why many are now laying bets on the likelihood that Najib is going to cut his losses and go for an election BEFORE he has to come up with that hefty US$602 million payment owed to IPIC on July 31st!,” said Sarawak Report.

- Advertisement -

The portal said the reason being that there is no money to be made from selling 1MDB’s fictional ‘units’ and so in the end that cash is going to have to be raised direct from the taxpayer through his Ministry of Finance, which is ultimately responsible for meeting the commitment.

“Once that happens … Malaysian’s will be faced with the realisation that Najib will probably have to raise taxes to pay for it all,” said the portal.

It said the ministry of finance does not have that kind of money to pay for the 1MDB scandal settlement with Abu Dhabi’s IPIC.

“The party will be on you the voter and you the taxpayer!,” it said.

Send in your scoop to news@theindependent.sg 

- Advertisement -

Almost 8 out of 10 vote PN can’t survive GE 15 without UMNO

Almost eight out of 10 respondents on a Twitter survey voted that Bersatu will not survive GE-15 without UMNO, according to BFM radio survey held this morning (22/2/2021) during its Morning Run programme. Of the 206 voters (respondents) in the final countdown,...

Foodpanda rider called “Blur Sotong” by netizen

Singapore — A Foodpanda rider shared his unfortunate experience with a customer. He took to Facebook on Saturday morning (Feb 20), sharing screenshots of the conversation. Posted by Chan Okada SJ on Friday, 19 February 2021 The rider shared that the customer had asked...

Journalist claims Karen Mok is the only woman Stephen Chow has ever thought of marrying

Hong Kong -- Last year, comedian Stephen Chow's public and ugly legal battle with his former girlfriend over their finances gave a rare peek into the personal life of the fiercely private 58-year-old. It was reported that out of all the women...

Send in your scoop to news@theindependent.sg