Here’s Why Najib Is “TOAST”, Even If The RM2.62 Billion Was A Donation

The boring and predictable scripts are all over the place. When caught with their hands in the cookie jar, corrupted UMNO politicians would simply rubbish them. Then they will create some issues to divert the attention, preferably with racial elements in the storyline. Of course, they will never forget to intimidate, threaten and harass the troublemaker, namely the whistleblower.

When things get too ugly or too complicated to cover up, they would shift to next gear by arranging for some scapegoats to be sacrificed, in exchange for promise of a comfort life after release from prison. And it seems some lucky company directors exposed for sending RM2.62 billion (US$696 million; £636 million) into Prime Minister Najib Razak’s private account are about to enjoy such perks.

For his presidential election held in 2012, the Obama campaign had released its final fundraising figures in front of an audience of top campaign donors – a whopping US$1.1 billion (£1 billion; RM4.17 billion). According to the data presented by the Obama campaign, they had 4.5 million total donors, and all these information were transparently published.

With nowhere to run and hide, pro-Najib bloggers are cooking and sellingthe idea that the so-called RM2.62 billion or about 63% of Obama’s 2012 presidential campaign, caught in the Malaysian PM Najib’s private account, was actually for the 2013 general election. The plan was such that if the U.S. did that, what was so wrong about doing the same in this country?

Sure, donations from the public for election campaigns do sound innocent, but only if it’s done transparently. In Najib’s case, not only it was done “secretly”, if indeed it was for the 2013 general election in the first place, but it has alsobreached the limit allowed – RM200,000 and RM100,000 for each parliamentary and state seat campaign respectively.

So, the total of 222 parliamentary seats and 576 state legislative assembly seats would cost the maximum RM102 million allowable for a coalition such as Barisan Nasional led by Najib Razak. This figure should be lower considering there was no contest for the 71 state seats in Sarawak for the 2013 general election.

To spend RM2.62 billion means the present federal government has breached the regulations by 25 times. If rules and laws are to be applied, Najib administration could be declared illegal since the whole 2013 election isnull and void. Of course, that can only be a wishful thinking in a country where a cell phone thief is defended as national treasure (*grin*).

Here’s the interesting part. It’s a public knowledge that Election Commission takes orders from the prime minister, so why didn’t PM Najib simply announce that the RM2.62 billion had been spent on the 2013 election? With all the judges, police force, military, Attorney General, MACC, Central Bank Governor practically at the mercy of PM, there’s no reason why Najib couldn’t clarify his innocence.

Why Najib lets Mahathir keeps throwing punches at him? After all, such“corrupt processes” were allegedly put in place by Mahathir, not Najib. So, why did Najib the son of Razak choose to have sleepless nights instead of passing the buck to Mahathir? Unless of course Najib had actually put his hand in the cookie jar, hoping nobody would notice.

Unlike Obama presidential campaign where every single cent was being accounted for, the same cannot be said about Najib’s supposedly election fund. The fact that the money was channelled into his “private” account has already raised the loudest “Red Alert”. Why “stupidly” pumped money into his personal account, instead of an untraceable nominee account?

Was that the SOP inherited from Mahathir’s 22-year-rule? If it was, then it’s even easier to show every Tom, Dick and his hamster about Najib’s innocence. What the prime minister needed to do was to “instruct” minion Bank Negara Governor Zeti to retrieve archives of Mahathir’s personal account meant to receive such donations, and voila – Najib is innocent.

The last general election led by Mahathir was in 1999, about 16-years ago. Assuming the central bank fully adopts Sarbanes-Oxley Act, and depending on the type of records the authority has defined for the infamous 30-years archival compliance, such records of Mahathir’s corruption should still exist, even though the act was introduced in 2002.

Chances are high that while Mahathir used nominee accounts to receive election funding, Najib used his private account instead. And since there’s no single cat which would pass a fresh juicy fish to its buddies without taking some bites itself, could this be the reason why Najib couldn’t even convince UMNO warlords that he is as clean as a whistle?

Even if Najib, the self-proclaimed Bugis warrior, is brave enough to come forward to tell all and sundry that the money was for the 2013 general election, he still couldn’t explain the source of the money. And critics could easily speculate that he was using 1MDB as the vehicle involved in some sort ofmoney laundering from illegal arms sales, smuggling, organised crime, drug trafficking, and even prostitution rings (*grin*).

No matter how one looks and twists at the RM2.62 billion fund, Najib is toast. Sure, you can scream till foam at mouth that the corrupt process was a Mahathir’s legacy. But Mahathir didn’t get caught with his private account at the receiving end. Najib did. And Mahathir has openly challenged every single authority to charge him. Najib never denied the account wasn’t his. And that’s precious.-financetwitter