Thursday, May 28, 2015

1MDB: The Straw That Breaks The Camel's Back Or The Albatross Around The Nation's Neck?

As 1MDB continues to be bedevilled with revelations of opaque deals and dealings and essays at explanations that bedevil understanding and beggar belief, Bolehlanders are wondering what the founders were thinking when they first set up the sovereign fund.

Did the government know what it was doing? Did it have any idea what they wanted for 1MDB
and how to make it a national success instead of a national shame?

Or was it all along conceived as a convenient vehicle for other less than savoury purpose than commercial success and national pride?

The deputy Pm has finally spoken out to say that 1MDB might just be the last straw that breaks the camel's back.

Well, that back that might be broken is his boss's administration. Or dUMNO's back.

Either one would not be too bad for the nation. On the contrary, perhaps that is what Bolehland needs - to see the back of Ah Jib's administration and dUMNO's demise as a political juggernaut that has long outlived its shelf life and ought to be consigned to the dustbin of history.

The reality is that 1MDB might just be the unwanted albatross around the nation's neck that threatens to bring Bolehland to its knees.

Said to be 42 billion Ringgit in debt just six years into its existence and finding it hard to service its financial obligations and desperately looking for funds to keep afloat, 1MDB looks anything but glossy.

It looks like a terminal case - one whose dealings few seem privy to or accountable for, and fewer still want to be forthcoming about.

Who makes the decisions, who is responsible for what and who gives a damn.

Shouldn't the buck ultimately stop at the Pm's door?

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