02
Jul
15

Why intimidate The Edge when it is 1MDB that lied?

Pua: Why intimidate The Edge when it is 1MDB that lied?

The Home Ministry is intimidating the media with regards to its dutiful reporting on the RM42 billion 1MDB scandal.

KUALA LUMPUR: The Opposition thinks that it would have made more sense if Home Minister Ahmad Zahid Hamidi had issued a show cause letter to The Edge (or other local publications) for publishing some of the statements issued by the top management of 1MDB. “These have since been proven to be outright lies.”

“Why is the Home Minister intimidating The Edge when it is 1MDB which has been giving flip-flop answers to the media?”

“Malaysians want to know why the Home Ministry is intimidating the media with regards to its dutiful reporting on the RM42 billion 1MDB scandal? “

For example, said Petaling Jaya Utara MP Tony Pua, 1MDB Chief Arul Kanda Kandasamy told the Singapore Business Times that the balance of USD1.103 billion of investment in the Cayman Islands has been “redeemed” and the “cash” was parked in a Singapore bank.

“The cash is in our accounts and in US dollars. I can assure you (about that) . . . I have seen the statements,” Arul Kanda was quoted as saying, pointed out Pua.

He recalled that the story was first published on 9 February 2015 and republished in nearly all local media. “It was subsequently discovered that there was no USD1.103 billion cash in the Singapore bank based on a parliamentary reply I received on 19 May 2015.”

“This is proof that Arul Kanda lied through his teeth because he even attempted to justify why the ‘cash’ was kept offshore.”

“There’s a very sensible and simple reason for that… We are keeping the money in US dollars as we have USD6.5 billion in bonds out there, in which interest payments come up to nearly USD400 million a year,” Pua recalled Arul Kanda as saying.

Unfortunately the ugly truth is that Malaysians remain clueless as to what exactly was parked in the Singapore bank, added Pua. “It remains a complete mystery even today.”

Pua, who is also DAP National Publicity Secretary, was commenting on The Edge confirming that it had received a show cause letter from the Home Ministry which accused them of “publishing articles on 1Malaysia Development Bhd (1MDB) that have created confusion and doubts about the government and our financial institutions.”

The Edge was also accused of relying on an Internet portal for its articles. “The degree of intimidation is so brazen and crass that the show cause letter did not even specify the allegedly offending articles.”

“Why is the Home Minister intimidating The Edge when it is 1MDB which has been giving flip-flop answers to the media?” asked Pua. “Should not the Home Minister therefore go after the parties who have lied and misled Malaysians over the missing billions of ringgit of taxpayers’ money?”

…more
Pua: Why intimidate The Edge when it is 1MDB that lied?
July 2, 2015 – FMT

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for the triumph of evil
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to do nothing.

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when the government
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there is LIBERTY.

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