Exercise in Banality

Ministers "sacked". Jobs lost. Positions given up. Office ransacked. Reputations sullied.

And then, our MACC came out with this banal of a most obvious statement:

The Malaysian Anti-Corruption Commission (MACC) today said investigations revealed that the RM2.6 billion alleged to have been depositedinto the Prime Minister Datuk Seri Najib Abdul Razak's account was from donors and not from the 1MDB.

Huh? I mean, whazzup there Yo?! You guys high on sumthin’?!

If you know the moollah came NOT from 1MDB then it’s no longer alleged, ain’t it right?

MI second main man Jahabir Sadiq puts things more succinctly:“MACC RM2.6 billion probe states the obvious, yet says nothing.”

The statement from MACC is akin to 1MDB’s Arul Kanda’s "Dr Mahathir got it wrong" about the company’s RM3b cost of debt servicing.

Then Husni Hanadzlah came out and officially states that it’s in fact somewhere between RM2.4 to RM2.7b annually.

Of course I am paraphrasing both la…

Like, whazzup really?

Playing on pure semantics.

And of course, the donors are anonymous as at this point in time though everybody’s on the gravepine thinks it’s from the Middle East.

RM2.6b into a personal account anywhere would ring alarm bells so hard that eardrums within the vicinity would shatter.

Here? We take bleeping bloody forever to come with a statement that IT DIDN’T COME FROM SO AND SO.

Banal.

We should have an institution set up here specializing in teaching this art we seem to have really mastered.

Bleepping Kitty Dipping

"The EPF is assisting the rakyat to own houses; it is commendable that EPF is doing a public service."

Please. The EPF fund is not a Tabung Sosial for all and sundry.

It is OUR Simpanan Hari Tua, and we expect the fund to be managed for OUR BENEFIT and the way I see it, the huge RM402 billion fund is nowadays the Main Kitty for the government.

No wonder PMNTR was so smug with his declaration that Malaysia does not need to borrow from the IMF, bla bla bla..

Of course. Not when there’s a huge Piggy Bank with an almost open access to its content to be dipped into.

Assisting the Rakyat to own houses? Yeah, right...

It took me a long and often financially painful journey to be able to finally afford a home which a chunk of my hard-earned savings plonked into the EPF helped purchase.

Now, it seems that some Rakyats will get their loans to Perumahan Murah from the same EPF fund.

A small portion, I must concede, but the dipping into the kitty has been going on for years now like nobody’s business.

Who know what else the EPF fund has been subsidizing of late.

According to the Big Kahuna who seems to be popping out everywhere these days, (Side comment: A bid to propel him as THE MAN in view of an upcoming GE13 battle against Nurul Izzah perhaps?) there is nothing to worry.

"If the buyer does not repay the loan, then action will be taken. The house will be forfeited and sold to some 30,000 other housebuyers who are eagerly waiting for a chance"

Funny Ha Ha.

And where - pray tell - will these other 30,000 house buyers – whom I assumed will similarly come from the poor and down trodden to qualify for this – get their funding from?

Together now: THE SAME BLIPPING EPF-CREATED FUND.

As the Malays are fond to say: Gali lobang tutup lobang.

Stop dipping your greasy palms in the kitty as one fine day, it will dry up.

All it needs is like some 400 similarly-conceived schemes to supposedly HELP the RAKYAT.

KUNUNNYA.