MAY day in Malaysia 27 years before, shall live in infamy in the history of my country,because many a reputation are in tatters due to the series of events kicked off on Labour Day 1997.
I know, many people were septical on my tabulation that the deal which saw the Government owned Petronas swoop over Mirzan Mahathir's Konsortium Perkapalan, had run into billions and we'll over the DANGER ZONE. READ: Konsortium Perkapalan Bhd's borrowings are forecast to reach $640 million by 1998, with interest payments ballooning to $49 million from just $8.6 million this year. The company's debts are expected to exceed equity by 2.7 times next year and 3 times in 1998
DO not at that point, Ringgit Malaysia had fallen like ninepins against the US Dollar, READ : hammered to a level unseen in the history of Malaysia, trading above the RM4.88 level against the US Dollar
THE amount which, I had estimated based on raw tabulations, i would latter find out is a tad bit steeper READ : than former Wall Street Journal Editor, Barry Wain'RM1.7 billion estimate in his Malaysian Maverick bestseller.
LETS not forget, the professional in the entire MISC /Konsortium Perkapalan deal, Petronas Hassan Marican.
HASSAN Marican, owes it to Malaysians who paid HALF A BILLION RINGGIT YEARLY to cover Mirzan Mahathir's ass to provide us with some information on what actually took place.
HE does not need to explain to us, why was there a need for two companies both listed in 1996 to merge in 1998.
ALL, he has to do is to reveal, who had written in officially to request for a merger. Was it MISC writing to Konsortium or was it, the other way around.
THERE is a document trail to all this, buried somewhere in either the MISC or Petronas office that will vindicate the Anwar Ibrahim , who stands for Malaysia.
THE company should have it, and if Malaysians has an opportunity to view it, then a huge majority of us, who refuse to believe that for nearly FIVE DECADES, we have been taken for a ride, by the Mahathir's of Malaysia.
THE script, is tight as any A level award winning Hollywood movie.
WHY did Tun Mahathir make a U turn sometime between 1997 & 1998, by involving his children in government ventures that the public had to pay for . READ : The May Day In Malaysia, claims the nations EPF contributors as it's earlies victim.
WHY did the Doctor in The House, do what he did? Was it for the love of money, or the very least, the intention was the preservation of wealth or perhaps the bond between a father and a son, and that old Devil ; we call emotional BLACK MAIL.
REGARDLESS, we actually deserve it, for turning our backs on Tunku Abdul Rahman Putra Al-Haj, never giving the respect READ: the world's happiest Prime Minister rightfully deserved.
WORST still, our first Prime Minister, always told us to keep a watchfull eyes on READ : Dr Mahathir, whoes treachery was evident, but we didnt, because Tun Mahathir had indeed done a lot of for Malaysia.
NO one even cursed him, when news from the across the world hit us READ :that when the doctor was in the house, Malaysia wasted more than RM100 billion.
BUT enough is enough. We threw Tunku Abdul Rahman under the bus for Dr Mahathir, with his well crafted pipers tune.We should not repeat the same mistake by throwing Anwar Ibrahim too under the same bus.
IN the weeks ahead, the following narrative will be played out, READ : that back in 1997, as Deputy Prime Minister, Anwar Ibrahim, gave the thumbs up for the Petronas/MISC/Konsortium deal.
WHAT , many in Malaysia , then and now have no idea is at that point of time, Anwar Ibrahim as Deputy Prime Minister and Finance Minister had very little power, with Daim Zainuddin making a big return .
YET , Anwar Ibrahim did put his neck on the line and use what ever leeway he still had to get Malaysia a better deal. READ :Malaysia's. Anwar Ibrahim against using tax payers money to save billionaires close to Daim Zainuddin.
THE reward for under estimating a man who never gives up, even when the entire world had given up, now boils down to an epic drama, to capture hearts and minds , but most of all to make sure the true story comes out, because it is indeed LEGACY BREAKING
STORIES, like the FIB tale , Mirzan Mahathir had fed us on READ : We are Mahathir's, we avoid doing business with the Government.
SO much for fairytales, Mirzan Mahathir. Even hypocrisy , must have it's boundaries. It should not be too crude, greedy and pushing Malays, who should benefit from such largeness, as mere statistic, robbed of opportunities such as READ : The story of Billionaire Mirzan Mahathir, the centre of a huge RM1.9 billion and counting bail out, getting shipping contracts, even though he no longer owned vessels
