BREAKING NEWS FOR HARI RAYA, RCI APPROVED TO INVESTIGATE FOREX LOSS

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It seems that Dr Mahathir and his opposition blocks desperate attempts for the rakyat to invigorate the coming Hari Raya celebration with the recent US DoJ announcement to discredit further on PM Najib and his wife shall be deadened and cloyed with the multi-billion Forex loss.PM Najib’s announcement that the ministerial cabinet has approved to set up a Royal Commission of Inquiry (RCI) to investigate the 80s and 90s multi-billion losses in foreign currency trade.

Hence, it will be even juicier while the rakyat gathers among family and relatives, they are surprised to note that the losses are even much greater than those reported to Parliament during Dr Mahathir’s tenure.

Worst still when the Special Task Force encountered that there are attempts to conceal the actual losses thus bewildering the cabinets and Parliament members.

Hence, there is a ‘prima facie’ case and to safeguard public interests, the RCI is necessary to determine the actual losses involving the nation’s reserves and wrongdoings by quarters involved. RCI is set to conduct a thorough and comprehensive investigation by the law and protected under Act 119.

The Forex Loss Special Taskforce Chairman, Tan Sri Sidek Hassan has confirmed that it has summoned all the individuals necessary to testify against the loss.

Among the so-called testimonies to the relevant committee at the Ministry of Finance including former Second Minister of Finance, Tan Sri Nor Mohamed Yakcop; Former Deputy Prime Minister Datuk Seri Anwar Ibrahim and DAP MP Lim Kit Siang.

Earlier, Tan Sri Sidek believed the final report could be presented to the government by end of this month which contained recommendations for further actions on the investigation, which includes the proposed establishment of a Royal Commission of Inquiry if necessary.

Most likely Dr Mahathir knew that Tan Sri Sidek would present the Special Task Force conclusions within this month and hence proposes to set up the RCI since there are strong evidence

Therefore, it is clear that the recent announcement from US Doj is not a coincidence. It is not only planned by Dr Mahathir so that it will be a hot topic during the Hari Raya holiday, it was hoped to divert from the Forex Scandal Special Task Force conclusions.

However, with the government’s announcement to set up the RCI to carry out a detailed investigation, the people would be more excited to talk about the issue that had been plaguing the country for the past 23 years compared to the US DoJ announcement which was based on conjecture and not solid proof.

Thus, the RCI is anticipated to unravel the multi-billion losses to the state, the individual who is involved and why the lies made to the parliament. If found guilty, hopefully, nobody will escape punishment even it may involve an aged statesman.

  • PRU14.tv

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