Monday 14 August 2023

Tun Mahathir Under Pressure

TUN Mahathir might be absolutely correct READ : that he has nothing to hide with regards to Halim Saad's suit against him , which was filed on court last week.

CAN  Nor Mohamed Yakcop say the same thing, that we shall let the courts decide. Anyway this posting is not about Nor Mohamed Yakcop but its all about Dr Mahathir but nothing to do with Renong.

RATHER it is all about MISC, an area which I have some expertise having un officially headed Shipping Times in the old Business Times.

WAS it a great PR work or was there something more sinister behind the headlines when this part of the world was shocked READ : When RM900 million was paid by MISC to buy out and bail out Mirzan Mahathir.


NOW MISC or better still it's parent should come out clean, was RM900 million the entire burden it had to carry considering READ : the deal would wipe out another US$420 million of his companies debts

IF you cannot click on the link below is a photo shot of the said article which you can expand and read for yourself.


NOW US$420 million in today's ringgit value is RM1.94 billion. I think Petronas should let the world know what is the true cost Malaysia and Malaysians had to pay so that Mirzan Mahathir could remain a very rich billionaire.