‘Junk’ rating - Horses’ Mouths – 25 September 2015

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Moody’s ‘junk’ rating

This is worrying. The market is much more negative about Malaysia than the rating agencies, taking us into 'junk' category, way below our fundamentals.

Nazir Razak, CIMB Group chairman, insisting that the financial controversies in Malaysia need to be addressed after credit-default-swap traders have placed Malaysia in the "junk" category



Mecca stampede

Based on the timetable set by Tabung Haji, our pilgrims are not supposed to be there. The incident happened at around 11am local time and based on our timetable, our pilgrims were only supposed to throw the stones after Asar. However, we are ascertaining the number of Malaysian pilgrims by doing a headcount from camp to camp.

Jamil Khir Baharom, Minister in the Prime Minister’s Department, believing that no Malaysian pilgrims to have been killed or hurt in a stampede in Mina



Terror threat

For all other locations, the US Embassy in Kuala Lumpur reminds US citizens of the need for caution and awareness of personal security. In the past, terrorist organisations have on occasion planned their attacks to coincide with significant dates on the calendar.

United States Embassy, issuing a travel advisory for Jalan Alor due to a possible terrorist threat



MCA and Chinese

You cannot knock off MCA and ask MCA to protect Chinese dignity at the same time. This is not fair to MCA.

Liow Tiong Lai, MCA president, urging the Chinese community to back the party in order for the party to soldier on



Khairuddin Abu Hassan

It is our client’s instruction that it is unfair to use the Sosma on him for the basic reason that the Sosma was enacted to counter terrorist acts. He said he does not have any intention to be a terrorist, so to speak. He only exercised his constitutional rights to lodge police reports.

Mohammad Rafique Rashid Ali, former Umno leader Khairuddin Abu Hassan’s lawyer, saying that his client is ready to challenge the order after being slapped with the full 28-day detention allowed under the Security Offences (Special Measures) Act 2012



Allegation on PSM

Where and when was this discussion held? Who attended and where is the evidence? There were only three meetings held between PSM and PR. The first meeting was attended by Tian (Chua) and Azmin (Ali), second by Nurul Izzah (Anwar), Fuziah (Salleh), Mohamad Sabu and Tony Pua, while the third was attended by (Datuk Seri) Anwar Ibrahim, Tian Chua and Xavier Jeyakumar. In none of these meetings and all the letters exchanged by PSM with PR, was Article 153 ever discussed.

S. Arutchelvan, PSM central committee member, alleging that DAP MP Ong Kian Ming and Parti Amanah Negara’s Khalid Samad lied when they claimed the socialist party had Article 153 on the special rights of Malays


So when I was asked by the media on the absence of PSM, I told them what the PKR president told us. So if PSM is not satisfied, they could ask her or PKR as organisers of the discussion.

Khalid Samad, Shah Alam MP, blaming PKR President Wan Azizah Wan Ismail over his claim that PSM did not join the opposition roundtable meeting last Tuesday as the party did not agree to the common police framework as well as Article 153 in the Federal Constitution that mentions the special rights of Bumiputeras

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