The latest revelations regarding the BMF and Forex scandals have put Tun Dr Mahathir Mohamad in a very awkward position. As much as he is attempting to explain away the issue and treat them as if they are not material, it invariably reveals his hypocrisy and doubled standards. This is the conclusion anyone would draw from his recent very defensive chedet.com posting.
Without question the CIA report exposes Mahathir’s responsibility in this mega-billion loss suffered by the country. And as usual Mahathir blames others except himself for this financial disaster. The BMF and Forex scandals makes Mahathir the last person in Malaysia qualified and credible enough to ask Prime Minister Najib Tun Razak to step down from office citing 1MDB as the excuse.
While Mahathir refuses to accept responsibility for the BMF and Forex scandals, he is using the 1MDB issue as an excuse to topple the Prime Minister. The truth is 1MDB was sabotaged to turn it into a problem and it started with the sabotage of the IPO.