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Archive for the ‘Current Affairs’ Category
My storm in a teacup, and thoughts on some wider implications

My storm in a teacup, and thoughts on some wider implications

So several days have gone by since the little storm in a teacup that involved Calvin Cheng trying to threaten my employment, in part through an attempt to muster online support for his effort. I am happy to report that I am quite well. I owe this less to anything I did on my part and more to the fact that the issue at stake... 

DoJ connects 1MDB bonds’ proceeds to Najib personally

DoJ connects 1MDB bonds’ proceeds to Najib personally

[B]etween 2012 and 2013 Goldman helped 1MDB raise $6.5 billion by issuing three bonds. The Justice Department suggests that around 40 percent of that money was siphoned off, and indicates that $681 million ultimately found its way into Najib’s personal bank account, though the prime minister is not directly named. http://blogs.reuters.com/breakingviews/2016/07/22/malaysia-fiasco-undercuts-goldmans-standards-push/ OK... 

AGO report on MCCY, Minister Grace Fu chut pattern

AGO report on MCCY, Minister Grace Fu chut pattern

The AGO report has revealed lots of lapses, including an eye-popping $410,000 consultancy fee for a $470,000 bin centre. Whoever authorised the payment at the National Arts Centre has to be held accountable and the MCCY owes the public an explanation. Instead, MCCY Minister Grace Fu defended her subordinate and claimed that... 



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