Anwar Will Bankrupt Selangor, Says Dr M
Tuesday, 17 November 2009 00:36 | 
Former prime minister Tun Dr Mahathir Mohamad has warned that Datuk Seri Anwar Ibrahim’s appointment as Selangor’s economic adviser would bring financial ruin to the state.
He said Anwar, who had served as his deputy and also finance minister, had worsened the country’s economic position by adopting International Monetary Fund (IMF) policies without involving the IMF during the late 1990’s Asian financial crisis.
“This is a fantastic economic advisor because he almost brought Malaysia down to its knees during the financial crisis,” he quipped in his trademark sarcasm to reporters after giving a special lecture for Universiti Malaya’s Asia-Europe Eminent Persons Lecture Series yesterday.
Dr Mahathir maintained that the PKR adviser did not know how to manage the economy and would bankrupt the Selangor state coffers if he continued to be the adviser.
“If you want to bankrupt Selangor, I think that’s the best adviser. Of course, if you pay him one ringgit, you get one ringgit’s worth,” he said when commenting on Anwar being named the Selangor government’s economic advisor by Mentri Besar Tan Sri Khalid Ibrahim last week.
Dr Mahathir also said democracy would hinder the progress of a country if there was too much politicking without enough focus on developing itself.
“Most people don’t understand democracy. When you lose in an election, you have to accept it and support the winner. It’s not that democracy is bad. It’s just that people don’t understand the limits of democracy,” he said.
Guys ,
ReplyDeletePresident will be away from Malaysia for about three days . He will be leaving for UK at 10 am today for a Ministry of Transport Symposium of which Malaysia is the Chair .
Deat Justice4OTK
ReplyDeleteHas Najis met OTK/CSL ?
I fear something awful will happen when he is away.
The worst Najis can do is to strip OTK of the Transport Ministry. As I have reported earlier, the Chairmanship of KTMN has already fallen into the hands of ArmNo
What do you think ?
MCA Watcher
the Chairmanship of KTMN has already fallen into the hands of ArmNo
ReplyDeleteThis issue has been going on for sometime . In fact Tan Sri Lim Ah Lek wanted to quit for quite sometime ago , but they asked him to stay put for the time being while they looked for a successor . It used to be under Arm no and Ah Lek was appointed due to his very close relationship with Najib since they were both from Pahang .
Has Najis met OTK/CSL ?
I am told they have met yesterday . Outcome of meeting is favourable but its best not to disclose what was transpired , lest the other side will pick it up and start their demands to Najib .
Wait for a few more days , let them announce it . I don't think Najib will strip OTK of his ministership