Berita MMM #002 : Muyiddin not the only crook, its a racketeering team.

Last month, there were reports of Malaysia International Tuna Port(MITP) scandal at Malaysia Chronicle and The Malaysian Insider. In the reports, Tony Pua was questioning forcefully Tan Sri Muyiddin role in this fiasco.

Tony Pua's tirade was focused on Muyiddin and BN government, nothing new really. But Tony's defense of Credit Rating Agencies(CRAs) really woke me up. IMHO, it was totally unnecessary. CRAs very often appears to be grey institutions and sometimes downright crooked.

BN ministers acts as part of a racket(gerombolan cukong)with other parties. In PKFZ or the current MITP, CRAs or the bond buyers(instituional investor)have been in business for sometime and cannot claim ignorance to the fact that only the Finance Ministry can give legal guarantees. Any grey support letter should have been verified of their legality during the early stages to avoid confusion many years later.

All the parties involved knows what was really going on. It's really just part of a elaborate scheme to help private groups to get easy money by pawning the state coffers. For the racketeering team, they assume that they can always get away scott free because the rakyats are a bit slow.

My suggestion is that Pakatan Rakyat should really rethink their narrow strategy of laying the blame always solely on BN. The ministers are not the only crooks in town. They couldn't have looted the multi-billions on their own.

So the abusive relationship is really between the rakyats(victims)and the racket(predators). To attack Muyiddin only will give UMNO more ammunition to attack Pakatan as anti-Malay.

So to attack the racketeering team as whole and suggesting ways to dismantle it, does seem more palatable to rakyats of all groups. Then you might also dispel UMNO exclusive ethic advantage into just another plain crook.

All this and much more in the 2nd Episod of Berita MMM. I really hope this youtubing project can reach out beyond English speaking middle class to the masses. So I would appreciate it if you help to spread the word.