Thursday, October 8, 2015

Will The Rulers' Statement On 1MDB Finally Make A Difference?

First thing first.

It seems that the Pm has finally said something to excuse the pathetic mess of  the sovereign fund by saying that 1MDB was perhaps an over-ambitious project.

However, Bolehlanders are not convinced that it was over-ambition that undid 1MDB.

Ambition is important if you want to do business. Without ambition, could anyone start anything?

'Over-ambition' is often just an excuse for failure.

Or irresponsibility. Or greed. Or avarice. Or outright larceny. Or - who knows what?

No, it was not ambition that was responsible for crippling the sovereign fund.  Or 'over ambition'

Most people would say that it was the lack of the right kind of ambition.

Don't know about the shady kind though.

Nevertheless, the scandal that 1MDB has come to be known for, has finally even worried the rulers.

But will the rulers' call for investigations into the 1MDB mess to be carried out responsibly and without fear or favour be heeded by Ah Jib's administration?

Sceptical Bolehlanders don't think much will come out of it.

The Pm is unlikely to rush into heeding the veiled rebuke. He has always maintained that everything about the sovereign fund was above board, even though everyone else thinks differently.

And that is saying a lot without saying much.

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Kluang's Little Bangsar
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