Ringgit - Horses’ Mouths – 12 March 2015

Harakahdaily - TS | .

Ringgit

We don’t forecast the ringgit. All we can forecast is continued volatility (for the ringgit).

Zeti Akhtar Aziz, Bank Negara Malaysia Governor, admitting that the ringgit is significantly undervalued

 

Toppling Tuan Guru Hadi?

It is hard to challenge him and there are no leaders in the party who are on par with him. We still view Hadi as a symbol who unites PAS members and he is a source of reference as well as a father to all.

Suhaizan Kaiat, PAS Youth chief, claiming no one in PAS is on par with party president Tuan Guru Abdul Hadi Awang

 

Dr M’s advice

They can tell the government, please don’t charge any more taxes. If you charge more taxes, we will not vote for you next time.

Dr Mahathir Mohamad, urging the people to tell the government not to charge more taxes, lest it will not be voted in in the next general election

 

Anwar petition

It's a big joke which has shamed this superpower with great IT capabilities.

Ahmad Shabery Cheek, Communications and Multimedia Minister, on the US embassy's reasoning that the White House mistakenly removed a pro-Anwar Ibrahim petition from its website

 

RM900 mil injected to 1MDB?

I challenge him to name the Umno division chief. I deny this happened.

Syed Ali Alhabshee, Cheras Umno division head, challenging PKR secretary general Rafizi Ramli who claimed that he heard from an Umno division chief who attended Sunday’s closed-door meeting with Najib, where the latter had disclosed that another RM900 million will be injected into 1Malaysia Development Berhad (1MDB)

 

1MDB’s Cayman money

The decision to use BSI Singapore (is) to facilitate easier withdrawals since regulations set by Bank Negara Malaysia needed its approval for transactions over RM50 million.

Najib Razak, Prime Minister, claiming the balance of 1Malaysia Development Bhd's (1MDB) US$1.103 billion in the Cayman Islands is now parked at BSI Bank Limited Singapore (BSI Singapore)

 

My question is, do we have to bring back our own money from abroad through a bank in Singapore and not directly to our own banks? Is Bank Negara that stupid to make capital flow into the country difficult or somebody is using Bank Negara as a punching bag?

A Kadir Jasin, former News Straits Times group editor in chief

 

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