Jaffar told Ismail that Daim was the culprit behind the Forex disaster


Tun Ismail Ali bumped into Jaffar Hussein at the airport back in the early 1990s and the former asked the latter about the US$10 billion Forex loss. Jaffar told Ismail that the situation was very bad and that the instructions to play the Forex market, and then to cover up the disaster after that, actually came from Tun Daim Zainuddin himself and that Tun Dr Mahathir was very much in the loop.

THE CORRIDORS OF POWER

Raja Petra Kamarudin

Shamsher Singh Thind is up in arms again. He accuses DAP or removing all the anti-Tun Dr Mahathir Mohamad articles from the party website, especially all those articles related to the US$10 billion Bank Negara Forex losses. This cover-up exercise was done soon after Lim Kit Siang appeared before the Special Task Force that is investigating this matter and is preparing its recommendations to the RCI.

Shamsher Singh Thind is on the warpath again

It is apparent that Kit Siang is trying to cover his tracks and erase all traces of what he said in the past about Mahathir and the Forex issue. Either Kit Siang is trying to change his story or whatever he said in the past was not true or he has no evidence to support what he said.

Whatever it may be this looks very bad for Kit Siang, plus of course for Mahathir. If Kit Siang is not  careful the Forex issue may be his Waterloo and 2018, DAP’s 53rd Anniversary and the 53rd year of Kit Siang’s foray into politics, will be the year Kit Siang gets buried just like the first time in 1999.

Kit Siang’s feeble attempt to erase all articles regarding Mahathir and the Forex issue from DAP’s website has done more damage than good. Not many people knew about these articles. Now the whole world knows. They should have done nothing and no attention would have been brought to these articles. Now those articles are being widely distributed even though you can no longer find them on DAP’s website.

The trio who cost the taxpayers US$10 billion

The most interesting thing about this investigation is that finally we are being told that Tun Daim Zainuddin was the key person behind the whole disaster. The one-time Bank Negara Governor Tun Ismail Ali bumped into the one-time Bank Negara Governor Jaffar Hussein (both who died in 1998) at the airport back in the early 1990s and the former asked the latter how bad was the whole situation. Jaffar told Ismail the situation was very bad and that the instructions to play the Forex market, and then to cover up the disaster after that, actually came from Tun Daim Zainuddin himself and that Mahathir was very much in the loop.

Kit Siang actually knows this but he does not want to say it. In fact, he is trying to erase all traces that he ever said this from the DAP website. Kit Siang knows he has promised to ‘hang’ all those behind the US$10 billion Forex loss. And this would mean Mahathir and Daim. But now Kit Siang cannot do that because he needs Mahathir. If not there is no way he can become the next Prime Minister of Malaysia if Pakatan Harapan wins enough seats in parliament. And Mahathir would gladly make Kit Siang Prime Minister if he can save his son from going to jail plus get to keep the RM100 billion of Umno’s money he has parked under the names of nominees, trustees and cronies.

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Shamsher: No regrets leaving DAP

(The Star, 10 December 2016) – Former DAP life member Shamsher Singh Thind (pic) is not sad to leave the party, which he has criticised for working with Tun Dr Mahathir Mohamad.

In his latest post on Facebook, Shamsher also called on DAP adviser Lim Kit Siang and secretary-general Lim Guan Eng to step down should the number of its Parliamentary seats drop by even one in the next general election.

This would mean, said the law lecturer, that the whole plan of working with Dr Mahathir had backfired.

Shamsher, who was from the Chai Leng Park DAP branch, said the party should have consulted its grassroots to see if they agreed to co-operate with Dr Mahathir.

“I am not sad to leave. I am looking forward to set up an NGO with people who share the same philosophy as me.”

“The NGO’s objective is to educate the people not to cast their votes based on the party but on the candidate’s capabilities,” he said here yesterday.

In his post, Shamsher defended his decision to resign and, among others, questioned the common framework for the Opposition coalition, PAS and Parti Pribumi Bersatu Malaysia and their choice for prime minister.

“They gave us BA (Barisan Alternatif). Failed! Then they gave PR (Pakatan Rakyat). Failed! Next they gave us Pakatan Harapan. Failed in Sarawak!”

“And now they are giving us PH (Pakatan Harapan) + PAS + Bersatu (Parti Pribumi Bersatu Malaysia). You don’t become (American inventor) Thomas Alva Edison by just repeating your mistakes. When are you going to learn and improve?” he wrote on Monday.

According to the DAP website, the party has 37 seats in Parliament.

In another post, Shamser said DAP deputy secretary-general Dr P. Ramasamy, who was his mentor, gave him full freedom when speaking at the party’s conventions.

“However, that does not mean that he approved my speeches or agreed with everything I said. For him, I am an adult and I know the consequences of my action,” he wrote.

Dr Ramasamy reportedly told an online news portal that those who felt that DAP had compromised its principles by working with Dr Mahathir could leave.

It also quoted Dr Ramasamy as saying that members were free to object and one member’s discontent was not reflective of the party’s mood.

Shamsher had also caused a stir during the party’s Penang convention last month when he questioned the DAP leadership for working with Dr Mahathir and ex-deputy prime minister Tan Sri Muhyiddin Yassin.



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