Only 1% are poor - Horses’ Mouths – 19 May 2015

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Only 1% are poor

The recent release of the Economic Transformation Programme (ETP) Annual Report 2014 received its share of brickbats. A few were aimed at me, in light of the commentary made that the rate of poverty in Malaysia for 2014 has been reduced to one percent. There is still much to do as “one percent” translates to 300,000 people. I admit, the hardest frontline battle in Malaysia’s fight against poverty is to change mindsets of those in living in poverty.

Idris Jala, Pemandu CEO

 

 

Pandikar

He is shaming me by saying he never told me that. He told me he does not want to be speaker anymore and that he was unhappy with how he was being treated. He even told me he had sent in his resignation to the prime minister and will be communicating his decision to the PM.

Dr Mahathir Mohamad, accusing Dewan Rakyat Speaker Pandikar Amin Mulia was trying to "shame" him by denying his intention to resign in a private meeting between both men

 

 

1MDB

There isn't any RM42 billion that has disappeared because the accounts were audited by Deloitte.

Najib Razak, using international auditors Deloitte & Co to defend Dr Mahathir Mohamad’s attacks on 1MDB

 

We want to know where the money went to. They can claim to have the assets, but where that initial money went still needs to be investigated.

Dr Mahathir Mohamad, insisting Prime Minister Najib Razak to explain where 1MDB’s RM42 billion debt is

 

 

To be Umno president

Previously, only 2,600 people in Kuala Lumpur will vote for the president. (Sixty nominations) are needed to challenge the president. Do you think it's easy to do so? No way. That's why Mahathir managed to stay for 22 years.

Najib Razak, on why Dr Mahathir managed to stay for 22 years as Umno president

 

 

Oil and gas industry’s outlook

The industry is still grappling with issues caused by the plummet of oil prices since last year. What doesn’t kill you makes you stronger. We shouldn’t dwell on all the doom and gloom or we will get nowhere.

Wan Zulkiflee Wan Ariffin, Petronas president and group CEO, claiming the overall outlook for the oil and gas industry is currently not very rosy due to the low prices of crude oil

 

 

Shadow cabinet

This is to improve the check and balance for the people's interest.

Wan Azizah Wan Ismail, Opposition chief, pledging to revive the Pakatan Rakyat shadow cabinet

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