AGAIN AND AGAIN: LET THIS END WITH MAHATHIR
As more talk about the potential return of a Mahathir-led government, this will go well for all who wish for a return of the elected government that came into fruition on 9 May 2018. But before that happens, we have to be aware of the dangers that another Mahathir-led government would mean for everyday Malaysians – more worryingly another round of crony capitalism for the “ elite few”. This of course is not new. Mahathir ’ s first tenure as Prime Minister was characterised by “ bumiputera capitalism ” - the brutal genesis which culminated into the whole monster that was called 1MDB. Through himself, Daim Zainuddin and his protege Anwar Ibrahim, prior to Anwar’s downfall in September 1998 – massive swathes of public assets were privatized including multi-billion projects such as the North-South Highway, water and sewerage, the Bakun dam, Light Rail Transit System and the National Train Service (KTM). Looking back, these “ wealth creation” only bene...