Monday, May 9, 2016

1MDB: Bolehland Needs A Closure By Bringing To Book All Those Who Might Have Been Responsible For The Shame

As a sovereign fund, 1MDB was supposed to give Bolehland an economic boost.

Unfortunately, it has become more like a national shame and a blot to the good name of the nation and the current subject of several international investigations into possible money laundering activities.

As the international investigations are said to be closing in on the rogues responsible, let's see how that will pan out for Bolehland because here in Bolehland it seems that nobody will be held accountable.

Here in Bolehland, they want us to believe that all is bright and breezy with the fund. That there has never been any hanky panky in its dealings, that everything done in connection with the fund has been above board. That the fund has more assets than its liabilities.

The last begs the question then as to why 1MDB was said to have defaulted on the payment of the interests on a bond and said soon to be in default in respect of another.

The shame of 1MDB has been been hanging heavy on Bolehland, angering and exhausting concerned Bolehlanders who likely in the end have to bear the cost of the fund's breakdown.

Bolehland needs a closure to the sordid saga by bringing to book all those who might have been responsible for the 1MDB farce, no matter who they may be or how mighty they now stand.

Believing in fairy tales and Santa Claus is nice if that does not mean condoning multiple billion ringgit going largely unaccounted for, for a sovereign fund that was supposed to be the pride of the nation, just for the greed and shameless audacity of some people in positions of power or their connections.

Or bringing shame and disrepute to the good name and credit of the nation.

Anything less than the bringing to book of all those who might have been responsible for the shame that 1MDB has become - whoever they may be or howsoever powerful they are - will be condemning the nation to plunder and a certain bankruptcy

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