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TELLING IT AS IT IS
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There will be no publication tomorrow, but you may visit www.thesundaily.my for the latest news. We will be back on Wednesday. theSun wishes our Buddhist readers HAPPY WESAK DAY .
ON MONDAY MAY 28, 2018
Wheredid RM33b go?
Petition to nominate TunMfor Nobel Prize PETALING JAYA: More than 65,400 Malaysians (as of 11.30pm) have signed an online petition calling for Prime Minister Tun Dr Mahathir Mohamad to be nominated for the Nobel Peace Prize. The petition on change.org was initiated by Alexandria Abishegam who said it was in recognition of Mahathir’s determination as a vet- eran politician. “Casting aside his own political prejudices, standing shoulder to shoulder with the opposition parties and leaders such as (Datuk Seri) Anwar Ibrahim, Lim Kit Siang, Mo- hamad Sabu and others to save our nation, Tun Dr Mahathir focused on the importance of transparency, democracy and rule of law for Ma- laysia,” she said. She also described him as the “Nelson Mandela of Malaysia” for ensuring a peaceful transfer of power. “For giving millions of ordinary Malaysians hope, renewed faith and most importantly of all ... pride in our Malaysia, I urge all of you to support this nomination,” she added. Meanwhile, Mahathir’s daughter Datin PadukaMarina, while thanking the signatories, said “knowing my father, he is not one who works hard for an award or recognition”. The petition can be signed at https://www.change.org/p/nobel- foundation-tun-dr-mahathir-bin- mohamad-nomination-for-the-no- bel-peace-prize-2018 The Nobel Peace Prize is one of the five Nobel Prizes created by the Swedish industrialist, inventor and armaments manufacturer Alfred Nobel. The other prizes are in the fields of Chemistry, Physics, Physiol- ogy or Medicine, and Literature. The amount of prize money de- pends upon how much the Nobel Foundation can award each year. As of 2013, the monetary award was 10 million Swedish kroner (RM4.5 million).
ministry was not a sale-and- purchase transactionbut followed the recommendationsof thePublic Accounts Committee upon confirmation that 1MDB had neither the financial means, nor the ability to develop, or even to sell the parcels of land. “Why should the ministry compensate 1MDB to the tune of tens of billions of ringgit as assertedby Najib, when 1MDBhas h a r d l y c a r r i e d o u t a n y development on the land?” said Lim, adding that the assets that were originally government-
Najib asked to account formonies raised for TRX , POWERPLANTS and PETROSAUDI investment
P ETALING JAYA: Datuk Seri Najib Abdul Razak has been challenged to account for some US$8.3 billion (RM33 billion) raised for the development of theTunRazak Exchange (TRX), purchase of power plants in Malaysia and investment in PetroSaudi International Ltd. FinanceMinisterLimGuanEng asked Najib to account for the
money for the transactions involving: f US$1.83billion (RM7.2 billion) invested with Petrosaudi between 2009 and 2011; f US$3.5billion (RM13.9billion) raised in 2012 for the purposes of acquiring power plants in Malaysia; and f US$3 billion (RM11.9 billion) raised in 2013 for the purposes of investing in TRX.
Limmade thecall ina statement after Najib denied that RM6.9 billion in payments made by the Finance Ministry on behalf of 1Malaysia Development Bhd (1MDB) were bailouts, claiming thepaymentswere“compensation” in lieu of the transfer of all of 1MDB’s real-estate assets to the ministry. Lim pointed out that the transfer of the assets to the
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FIERY BLOCKADE ... Awall of hardened larva cuts off a road as flames are seen beyond it on Saturday after the Kilauea volcano erupted in Leilani Estates on Hawaii’s Big Island.
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