PMX and Madani UG finally make bold move in education for multi-racial Malaysia

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PMX and Madani UG finally make bold move in education for multi-racial Malaysia

Update1

EDUCATION

MoE, MOHE to ensure places for top SPM students

Ministry says move will be made irrespective of race, background.

Updated 11 hours ago · Published on 01 Jul 2024 5:17PM

The Ministry of Education will work with the Ministry of Higher Education with the aim to realign placements based on students' programme preferences.

THE Ministry of Education (MoE) will work with the Ministry of Higher Education (MOHE) to ensure outstanding Sijil Pelajaran Malaysia (SPM) students with 10As and above are provided places - irrespective of race and background.

"Both ministries will work to review applications from outstanding students who applied for matriculation programmes or programmes through UPUOnline which is managed by the Public Institutions of Higher Learning Student Admissions Division.

"The effort aims to realign placements based on students' programme preferences," the MoE said in a statement.

This follows a statement from Prime Minister Datuk Seri Anwar Ibrahim that all students who score 10As and above in the SPM examination, regardless of race or background, will be guaranteed a spot in matriculation colleges starting with the 2025 intake.

"Placement offers and course selections will be contingent on candidates' qualifications and availability within the MoE's Matriculation Programme, while MOHE focuses on admissions to foundation and diploma programs at public universities," read the statement.

The ministry said the decision will ensure that outstanding SPM students from B40 families have equitable access to higher education, while the existing Bumiputera quota system for the Matriculation Program will remain unchanged.

"The Madani government remains committed to broadening educational access for the benefit of all students, recognising them as crucial to the nation's future," added the MoE. - The Vibes, July 1, 2024

KUALA LUMPUR, July 1, 2024: Malaysia’s 10^th Prime Minister (PMX) Anwar Ibrahim and his so-called Madani Unity Government (UG) has finally found their courage to make bold changes in the education policy for the general good of multi-racial Malaysia.

Anwar said the decision to open spots in matriculation programmes to all Sijil Pelajaran Malaysia (SPM) top scorers, regardless of race, was to reduce tension in the education system.

“The education ministry faces ‘tension’ every year when matriculation placements are announced.

“So we (the Cabinet who made the decision) took a balanced approach. If they are our citizens, we should protect them. Therefore, we must accept the reality of meritocracy,” he said in his speech today at the Prime Minister’s Department’s monthly assembly.

“This should ease the ‘tension’ that the education ministry faces almost every year (when matriculation placements are announced). In such matters, the heated political climate can sometimes lead to racial and social tensions.”

Bravo to the UG and multi-racial Malaysia:

No News Is bad News reproduces below a news report on Anwar’s surprising “announcement”:

Matriculation spots opened to all top scorers to ease tensions, says PM

Lynelle Tham-01 Jul 2024, 09:32 AM

Anwar Ibrahim says the education ministry faces ‘tension’ every year when matriculation placements are announced.

Prime Minister Anwar Ibrahim said the Bumiputera quota in matriculation admissions has been contentious, with debates over minority rights versus the Bumiputera privileges outlined in the constitution.

PUTRAJAYA: The decision to open spots in matriculation programmes to all Sijil Pelajaran Malaysia (SPM) top scorers, regardless of race, was to reduce tension in the education system, says Prime Minister Anwar Ibrahim.

Anwar said the Bumiputera quota for matriculation college admission had caused controversy at times, with some arguing against minority rights and others questioning the rights of Bumiputeras enshrined in the Federal Constitution.

“So we (the Cabinet who made the decision) took a balanced approach. If they are our citizens, we should protect them. Therefore, we must accept the reality of meritocracy,” he said in his speech today at the Prime Minister’s Department’s monthly assembly.

“This should ease the ‘tension’ that the education ministry faces almost every year (when matriculation placements are announced). In such matters, the heated political climate can sometimes lead to racial and social tensions.”

Yesterday, Anwar announced that all students who score 10As and above in SPM, regardless of race or background, will be assured a spot in matriculation colleges starting with the 2025 intake. However, he said the existing Bumiputera quota for the matriculation programme would not be affected.

The prime minister said the decision was made by the Cabinet last Friday to address the issue of fairness in education.

Racial quotas for admission to public universities were abolished in 2002. However, matriculation colleges maintain a 90% quota for Bumiputeras, while certain foundation courses are exclusively for Bumiputeras.

Anwar said that while meritocracy was important, there was still a need for justice and fairness to avoid disadvantaging marginalised and poor communities.

Citing John Rawl’s concept of “justice as fairness” and Michael Sandel’s “tyranny of meritocracy”, he said it was unfair to expect students from underprivileged backgrounds to compete on equal terms with those from well-equipped urban schools.

“Expecting students from places like Manek Urai to compete with Malay College (Kuala Kangsar) or (SMJK) Chung Ling, which have urban facilities, is unfair. Similarly, expecting (these elite schools) to compete with secondary schools in Kapit (Sarawak) is also unfair,” he said.

“So while we support meritocracy, we still need to uphold the principles of justice and fairness. If we focus solely on meritocracy, those who are marginalised and poor will continue to suffer.

“We can uphold meritocracy without rigidly adhering to it.”

‘Licencesed’ thugs make Malaysia unsafe

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‘Licencesed’ thugs make Malaysia unsafe

KUALA LUMPUR, June 29, 2024: Not so long ago, Malaysians fear visiting neighbouring countries because of “safety from the state”.

Today, Malaysia is rated even lower than Thailand - meaning, Malaysia’s enforcement agencies like the police, immigration, customs, etc, are plain “licencensed” thugs - thanks to the rogue government officials.

Malaysia’s “safety from the state” score at 5.8 out of 10 means many people are not safe from one or more of the following - arbitrary arrest, torture and ill-treatment, forced disappearance, execution, or extrajudicial killing - a survey revealed.

Human Rights Measurement Initiative (HRMI) East and Southeast Asia engagement lead Phoenix Yeo said among some of the Asian countries on safety from the state, Thailand scored 6.9, Singapore 7.3, Taiwan 7.7 and  South Korea 7.8.

No News Is Bad News reproduces below a news report on the HRMI survey and the latest news allegations of assault by Government officials:

MALAYSIA

Malaysia’s 'safety from the state' score drops, survey reveals

Drop in score is for targeting specific groups of people.

Updated 11 hours ago · Published on 28 Jun 2024 7:00PM

Phoenix Yeo listens to a question speaks during an interview with The Malaysian Insight in Petaling Jaya, Selangor. – The Vibes pic Najjua Zulkefli, June 28, 2024.

BY Noel Achariam

MALAYSIA'S “safety from the state” score at 5.8 out of 10 suggests that many people are not safe from one or more of the following - arbitrary arrest, torture and ill-treatment, forced disappearance, execution, or extrajudicial killing - a survey revealed.

The Human Rights Measurement Initiative (HRMI) survey revealed that in 2022 Malaysia's score was at 6.8 out 10 which was slightly better compared to last year.

HRMI East and Southeast Asia engagement lead Phoenix Yeo said that the drop in score for safety from the state based on their data, among others, is for targeting specific groups of people.

“We find there is the use of repressive laws to arrest protestors, for example Indigenous people (Orang Asli) being targeted when they advocate for the protection of their land and customary rights.

“When they (OA) oppose large developments they tend to be targeted when they voice out their opinions. There was also the issue of the organisers of the 2024 Women Day march who were questioned by police.

“We see very little tolerance when it comes to advocating for various rights. They end up being at higher risks of various violations. There is also the issue of migrants and asylum seekers at risk,” Yeo told The Vibes.

She said the survey was part of their effort to measure the performance of human rights in countries around the world.

She said among some of the Asian countries on safety from the state, Thailand scored 6.9, Singapore 7.3, Taiwan 7.7 and South Korea 7.8.

Yeo said in terms of economic and social rights such as for housing, education, employment and many others, Malaysia is performing not too poorly.

“However, we are still not performing as well as Myanmar, Thailand and Vietnam.”

As for the quality-of-life score, she said Malaysia has been stagnant for the last 10 years.

“There has not been much improvement at all. Quality of life comprises the right to food, education, healthcare and housing. However, in the year 2000 our score for jobs was 87.7% and now our score is 99.6%.”

She said the survey was part of the methodology to produce civil and political rights such as freedom of expression, freedom of association and political participation.

“The people we surveyed were those that monitor human rights on the ground, such as human rights advocates, institutions, civil society groups, lawyers and others. Anybody who has direct knowledge of the situation in Malaysia.”

Yeo said previously they saw the use of repressive laws to stifle the people who criticised the government during the pandemic.

“But since 2020 we have seen a gradual progress, and this is due to civil society groups advocating for people rights," she said.

Yeo also added that compared to the previous year, LGBTQIA+ people continue to be particularly vulnerable across almost 14 of the human rights issues they measured.

“Our network of human rights experts in Malaysia has identified LGBTQIA+ people to be particularly at risk of torture and ill-treatment, especially because of state-sponsored anti-LGBTQIA+ discrimination, such as ‘conversion’ practices.

“Those advocating for LGBTQIA+ people’s rights are also at heightened risk of having their right to opinion and expression violated.”

LGBTQIA+ is the acronym for lesbian, gay, bisexual, transgender, queer, questioning, intersex, asexual, and the + holds space for the expanding and new understanding of different parts of the very diverse gender and sexual identities.

Yeo said that for Malaysia to improve, the country needs to create an environment where people feel safer to voice their opinions.

“We need to be more tolerant to different opinions and ensure that people have basic rights.

“Malaysia has the resources now to improve people's lives," she added. – June 28, 2024.

Cops to probe director’s claim of assault by immigration officer

FMT Reporters-29 Jun 2024, 12:03 AM

A director of a foreign worker agency alleged that he was assaulted while under detention in Kuala Lumpur. The immigration department said the matter is in the hands of the police.

Immigration director-general Ruslin Jusoh says strict actions and penalties will follow if evidence shows abuse of power by immigration officers. (Facebook pic)

PETALING JAYA: The immigration department will leave it to the police to investigate allegations that a director of a foreign worker agency was assaulted by an immigration officer while in custody, says its director-general Ruslin Rusoh.

In a statement, Ruslin said his department is waiting for a detailed report from its Kuala Lumpur branch regarding the incident and will scrutinise the allegations.

“The department has handed over the matter to the police for investigation and will fully cooperate to ensure a transparent and fair investigation to curb abuse of power,” he said.

Ruslin also said action will be taken if there is evidence of abuse of power by the officer. “The immigration department treats allegations of officer misconduct seriously,” he said.

Earlier today, a director of a foreign worker agency alleged that he was assaulted while under detention after an immigration raid on June 25 at a building where he was meeting his friends. The director filed a police report after receiving treatment, Malaysiakini reported.

US$100m 1MDB loot recovered

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Malaysia’s national thieves or kleptocrats

US$100m 1MDB loot recovered

KUALA LUMPUR, June 27, 2024: The United States of America (US) has recovered US$100 million (RM472 million) stolen from 1Malaysia Development Berhad (1MDB).

More than US$4.5 billion (RM21.15 billion) belonging to the so called Sovereign Wealth Fund (SWF) is reported to have been stolen by high-level 1MDB officials and their associates between 2009 to 2015.

The disgraced and shameless former prime minister Najib “1MDB” Razak is currently serving a jail sentence and also facing multiple charges of abusing funds from the SWF.

No News Is Bad News reproduces below a news report on the recovery by the US Justice Department (DOJ):

MALAYSIA

US recovers US$100 million linked to 1MDB from Jho Low, others

Deal brings end to 2 civil forfeiture actions against Malaysian financier, his family and trust entities he established.

Updated 2 hours ago · Published on 27 Jun 2024 10:21AM

More than US$4.5 billion belonging to 1MDB is reported to have been stolen by high-level officials of 1MDB and their associates from 2009 through 2015. – The Malaysian Insight file pic, June 27, 2024.

THE US Justice Department (DOJ) has reached an agreement with Low Taek Jho, also known as Jho Low, to recover more than US$100 (RM472) million linked to the multi-billion-dollar 1MDB scandal.

The deal brings an end to two civil forfeiture actions against Low, members of his family and the trust entities he established, the DOJ said in a statement.

The agreement sees the return of a luxury apartment in Paris and artwork in Switzerland by artists Andy Warhol and Claude Monet, both of which Low purchased for about US$35 million.

In addition, parties agreed to return to Malaysia real property and cash in bank accounts valued at approximately US$67 million located in Hong Kong, Switzerland, and Singapore.

They have also agreed to cooperate in the transfer to Malaysia of certain other assets located in Hong Kong, Switzerland, and Singapore that are linked to 1MDB funds.

Under the agreement, the DOJ will coordinate with foreign partners to facilitate the liquidation and return of these assets to Malaysia.

The DOJ said the US will release a total of US$3.5 million to the trust entities to pay for legal fees and costs associated with the properties.

Under the agreement, none of these fees may be returned to Low or his family members.

The department’s actions were against assets that were acquired by Low and his family using money embezzled from 1Malaysia Development Bhd..

According to the civil forfeiture complaints, from 2009 through 2015, more than US$4.5 billion belonging to 1MDB were allegedly misappropriated by high-level company officials and their associates, including Low, through a criminal conspiracy involving international money laundering and bribery.

Prior to this settlement, the US has returned or assisted in the return to Malaysia of more than US$1.4 billion in assets associated with the international money laundering, embezzlement, and bribery scheme.

Low faces separate charges in New York for allegedly conspiring to launder billions of dollars embezzled from 1MDB and for conspiring to violate the Foreign Corrupt Practices Act by allegedly paying bribes to various Malaysian and other officials.

He also faces charges in the District of Columbia for allegedly conspiring to make and conceal foreign and conduit campaign contributions during the United States presidential election in 2012.

The agreement does not release any entity or individual from filed or potential criminal charges. – June 27, 2024.

Malaysia’s FDI inflows dip 46%

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Malaysia’s FDI inflows dip 46%

KUALA LUMPUR, June 25, 2024: Malaysia’s 2023 Foreign Direct Investment (FDI) inflows fell by a whopping 46%.

That speaks volumes of foreign investor’s confidence and all the big “investment” talk by Malaysia’s 10^th Prime Minister (PMX) Anwar Ibrahim and his so called Madani Unity Government.

No News Is Bad News reproduces below a Bernama news report on the drop in FDIs:

 

Malaysia’s 2023 FDI inflows drop 46% to RM40bil

Bernama-26 Jun 2024, 02:40 PM

The decrease in foreign direct investment inflows was mainly in equity and investment fund shares. 

Malaysia’s direct investment abroad outflow narrowed by 35% to RM40.6 billion in 2023, attributed primarily to the services sector, particularly in financial and insurance/takaful activities. (Freepik pic)

PETALING JAYA: Malaysia recorded foreign direct investment (FDI) net inflows of RM40.4 billion in 2023, marking a 46% decrease from RM75.4 billion the previous year, said the statistics department.

Chief Statistician Uzir Mahidin said the decrease in FDI net inflow was mainly in equity and investment fund shares, reflecting the global economic slowdown.

“This was in line with the United Nations Trade and Development’s 2024 Global Investment Trends Monitor report which highlighted that the FDI inflows to developing countries had declined about 9% to US$841 billion (RM 3.9616 trillion) in 2023.

“Notably, FDI to developing Asia dropped around 12% to US$584 billion (RM2.751 trillion), with Asean’s FDI decreasing about 16%,” he said in a statement.

However, the statistics department said, the cumulative value of the foreign investment, known as the FDI position, rose to RM926 billion at the end of 2023, making up 50.8% of gross domestic product versus 49% in 2022, primarily attributed to non-transaction categories.

On average, it said the return on investment for FDI companies in 2023 fell to 10 sen for every RM1 of investment from 12 sen in the previous year.

“Concurrently, Malaysian companies received six sen for every RM1 of investment made abroad,” it added.

On direct investment abroad (DIA), the statistics department noted that the net outflow narrowed 35% to RM40.6 billion in 2023 from RM62.8 billion in the preceding year.

It said the decrease is mostly attributed to the services sector with a value of RM34.5 billion, primarily in financial and insurance/takaful activities, as well as utilities.

Uzir said the services sector remained the primary contributor of DIA by registering an accumulated amount of RM461.1 billion in 2023, trailed by mining and quarrying (RM80.5 billion) and manufacturing (RM60 billion).

“The services sector also generated the highest income at RM23.9 billion in 2023,” he added.

Sungai Bakap Penangites to determine whether they support Taliban-like PAS or multi-racial governance

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Sungai Bakap Penangites to determine whether they support Taliban-like PAS or multi-racial governance

KUALA LUMPUR, June 25, 2024: For Sungai Bakap voters in the by-election in Penang on July 6, there are only two for them to pick.

It’s either the Taliban-like Perikatan Nasional-PAS or the Pakatan Harapan (PH)-PKR. Unfortunately, there is no third choice for the voters to send a signal that multi-racial Malaysia needs to give those who sympathise with racial and religious bigots to be given the boot - PN and PH.

Singapore’s Straits Times has predicted that the Opposition PN-PAS is expected to win the by-election amid soaring prices or cost of living.

Is that so? Voting for the Taliban-like PAS will bring down prices?

Penangites, specifically Sungai Bakap voters, will determine whether they want to embrace Taliban religious bigotry or support multi-racial governance.

More BlackRock dirt on despicable KJ

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More BlackRock dirt on despicable KJ

KUALA LUMPUR, June 25, 2024: More BlackRock dirt have been exposed by a social media influencer on the despicable and hypocrite Khairy Jamaluddin (KJ).

No News Is Bad News reproduces below an article by WRLR that was reposted by The Coverage and a previous posting:

NEWS

KJ Was Appointed CGS International Director & DJ In Blackrock Holds Shares & Linked Companies ( CGS , Media Prima , Vida )

25 June, 2024

A SOCIAL media influencer has put former health minister-turned-podcaster Khairy Jamaluddin (KJ) on the spot by exposing his hypocrisy of accusing Prime Minister Datuk Seri Anwar Ibrahim to be in cohort of the Gaza genocide if the Madani government does not bar the indirect participation of fund manager BlackRock in the privatisation of Malaysia Airports Holdings Bhd (MAHB).

For starters, Farhan Zulkefly (@farhanzulkefly) reminded the former Rembau MP that he would have had a tough time to choose a “Blackrock Free” vaccine during the COVID-19 pandemic given that “almost all big companies have BlackRock’s presence”.

“Blackrock has stakes in Pfizer and AstraZeneca. Do you remember KJ?” asked the pro-Pakatan Harapan (PH) influencer in a post on the X platform.

“If you want to say that this was prior to the (Oct 7) genocide, how about this? KJ was appointed a CGS International director in March 2024 which is after the genocide. Blackrock holds shares in CGS International. So, what more do you’ve to say, KJ?”

To rub salt into the wound, Farhan also exposed KJ’s recent recruitment by Vida Malaysia, the producer of the Vida range of sparkling beverages and yogurt drinks, to promote its sugar-free sparkling beverages VIDA Zero for Ramadan and Raya.

This is given BlackRock has shareholdings in the Vida Malaysia’s Japan-based parent company, DyDo Group Holdings, Inc.

Earlier, Farhan in his well-researched post has enlightened KJ that “it is almost impossible” to avoid dealing with any company that has a relationship with BlackRock which is reputed to be the world’s largest asset manager with US$10 tril in assets under management as of Dec 31, 2023.

Earlier, political observer Liyana Marzuki recapped that twice former premier Tun Dr Mahathir Mohamad had in his capacity as the seventh Malaysia PM invited BlackRock to invest in Malaysia.

“In 2024 when it now wants to invest in Malaysia, he asked why allowed BlackRock to enter the country? It’s true that the Malay forget easily,” lamented the social media influencer.

Another PH-slant social media influencer also chided KJ for giving the excuse that he was silent about BlackRock when he was a minister because “there was no genocide at that time”.

“A stupid snake. Just riding on the issue. Genocide has long been happening there (Gaza) yet he could deny it because he knows his statement would backfire on him,” berated Injang (@Injang_Nation) in response to Farhan’s post.

Source : Focus

Antara pemilik saham Media Prima adalah Morgan Stanley dan syarikat ni pun ada kaitan dengan Blackrock dan Vanguard group.. HotFM bawah media prima, jadi kenapa KJ berkolaborasi dgn BlackRock..??

Source : WRLR

Sunday 23 June 2024

KJ the political hypocrite

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KJ the political hypocrite

KUALA LUMPUR, June 24, 2024: Remember Khairy Jamaluddin (KJ), the former opportunity Putrajaya 4^th Floor “rogue leader” who hijacked the Prime Minister’s Office when his father-in-law Abdullah Ahmad Badawi was the premier?

Well, Finance Twitter has exposed the former Umno Youth chief as a shameless political hypocrite in his criticisms of Malaysia’s 10^th Prime Minister (PMX) Anwar Ibrahim and the Jewish-owned BlackRock.

No News Is Bad News reproduces below the Finance Twitter commentary that was reposted by The Coverage:

NEWS

KJ Was Making A Fool Of Himself – Muhyiddin Gave US$200 Million Of EPF Money To BlackRock To Manage

24 June, 2024

 

BlackRock was founded in 1988 by Laurence Fink, Robert Kapito and Susan Wagner. An American multinational investment company which does not discriminate, it invests in everything under the Sun that makes money – from fossil fuels to Chinese People’s Liberation Army. It does not care about climate change or gun violence, let alone human rights violations.

Initially known as Blackstone, the investment firm was already managing US$17 billion in assets by the end of 1992 before tripled to US$53 billion two years later. BlackRock became a public company in 1999, and was managing a whopping US$165 billion in assets. It was so powerful that the U.S. Treasury Department engaged it to fix toxic assets like Freddie Mac, Bear Sterns and Morgan Stanley during the 2008 Global Financial Crisis.

Managing assets worth US$4 trillion in 2014, the company became the “world’s biggest asset manager” on the planet, much bigger than JPMorgan (second place) and Fidelity (third place). It had even received approval from the China Securities Regulatory Commission to set up a mutual fund business in the country – the first global asset manager to do so.

Together with Vanguard and State Street, they were known as the “Big Three” asset management firms, managing a jaw-dropping US$15 trillion in 2020 – more than three-quarters of U.S. gross domestic product (GDP). BlackRock alone managed over US$10 trillion in assets in 2021, about 40% of the GDP of the United States of America.

Due to its power and the sheer size as well as the scope of its financial assets and activities, BlackRock has been called the world’s largest shadow bank – so massive thatit actually invests moneyfor everyone, from pensioners to wealthy oligarchs and sovereign wealth funds. Today, it is one of the biggest shareholders in virtually every major company in America.

Crucially, it is also one of the biggest lenders to companies and governments around the world.  But what do all the three founders have in common? They are all Jews. There is a very long list of wealthy Jewish American business executives in the finance industry, and Fink, Kapito and Wagner were just some of them. The list of powerful friends aligned to the Jews is even longer.

So, when Malaysia Prime Minister Anwar Ibrahim went bananas after his best friends – Hamas – were bombarded relentlessly by Israel in retaliation to the terror group’s massacre on Oct 7, 2023, he had no idea the consequences of blindly supporting the militant groups. Supporting Palestinians and supporting Hamas are two very different things.

The man who told The Wall Street Journal in 2012 that “I support all efforts to protect the security of the State of Israel” has now turned around and said that he is “the number one fighter for the Palestinian people in our country.” He had to change his tune to win over the support of Malay Muslim voters, 85% of whom did not vote for his multi-ethnic Pakatan Harapan coalition.

Even though Pakatan Harapan won the most seats in the November 2022 General Election, the 82 seats fell short of the 112 required to form a government with a simple majority in the 222-seat Parliament. As a result, Mr Anwar had to work with rival Barisan Nasional coalition to form the Unity Government. Malaysia is often seen as one of the world’s most antisemitic countries.

Former Prime Minister Mahathir Mohamad, the man who sacked his deputy Anwar in 1998 over allegations of corruption and sodomy, once notoriously accused the “hook-nosed” Jews of running the world. He was half-right. The Jews do not run the world, but they control the financial world. That’s worse than running the world for politicians like Anwar, who depends on slamming the Jews to score political points.

For Anwar, the premiership did not come easy as he was left in the wilderness and had to build his own party – PKR or People’s Justice Party – from the scratch and suffered a 25-year rollercoaster. He was sentenced to six years in jail for corruption in 1999, and given an additional nine on a sodomy charge the following year. Now that he has become the 10th Prime Minister, he will do everything to cling to power.

In order to secure his premiership for a second term, Anwar Ibrahim must win over the Malay votes, the largest in the country, in the next 16th General Election. There are already rumours that the extremist and racist opposition PAS Islamist party could be invited to join Anwar’s Madanistan government – a divide-and-rule strategy to break-up the Perikatan Nasional.

To charm and convince fellow Malays that he is the world’s Muslim hero, Anwar had even dragged schools nationwide into the Middle East conflict, introducing a so-called “Palestine Solidarity Week” program under the pretext of teaching students about humanitarian values. The reckless move saw innocent students carrying firearms, albeit toy guns, while wrapping Palestinian keffiyeh scarf around their heads like militants.

But the prime minister is now caught at his own game when he hypocritically defends his decision to allow a company owned by BlackRock to buy shares in national airport operator MAHB (Malaysia Airports Holdings Bhd). In January 2024, BlackRock announced that it would acquire the investment fund Global Infrastructure Partners (GIP) for US$12.5 billion, which in turn would acquire a 30% stake in MAHB.

In May, Malaysian sovereign wealth fund Khazanah Nasional Bhd and EPF (Employees Provident Fund) announced that a consortium had been formed with BlackRock’s GIP and Abu Dhabi Investment Authority to take publicly listed MAHB private with an offer price of RM11 a share. The deal becomes juicy – and controversial – as BlackRock holds significant investments in Israel. 

Not only BlackRock was a big investor in companies that arm the Israeli defence forces such as Lockheed Martin, RTX, Northrop Grumman, Boeing, and General Dynamics, but its fund in Malaysia – MSCI Malaysia Equity Fund – holds a substantial equity in hundreds of Malaysian corporations. Gullible critics obviously had no idea the breadth and depth of BlackRock’s involvement in Malaysia.

MSCI Malaysia Equity Fund holds equity in at least 37 blue chip public-listed companies, including Public Bank (12%), Maybank (11%), CIMB (9.6%), Tenaga Nasional (7.4%), Petronas, IHH Healthcare, CelcomDigi, Hong Leong Bank, Gamuda, YTL, MISC, AMMB, Kuala Lumpur Kepong, Genting, IOI Corp, PPB Group, Guthrie, Nestle, Maxis, RHB Bank, Telekom and Sime Darby.

Additionally, in Feb 2021, retirement fund EPF or KWSP allocated US$600 million into 3 investment funds (US$200 million each) to be managed by BlackRock, HarbourVest Partners LLC, and Partners Group AG. The world’s biggest asset manager has also helped to finance part of Malaysian government borrowings through US$983 million in government investment bonds in April 2023.

Hence, Oxford-educated Khairy Jamaluddin was making a fool of himself when the former UMNO warlord and health minister accused PM Anwar of being complicit with BlackRock in committing genocide against Palestinians in Gaza. Where was the hypocrite when he was part of the Muhyiddin backdoor government in 2021 – blindly and shamelessly gave US$200 million of EPF money to BlackRock to manage?

It’s also hard to believe that a genius like Khairy didn’t know that BlackRock has stakes in all major pharmaceutical companies like Pfizer-BioNTech and AstraZeneca, from whom the Malay-Muslim government of Muhyiddin spent billions purchasing Covid-19 vaccines. Do you know that Dr. Albert Bourla is the Greek-Jewish CEO of Pfizer, who has overseen the development of the world’s first safe and effective COVID-19 vaccine?

Worse, Khairy – trying to be a Palestinian hero – was making money promoting sparkling beverages VIDA Zero produced by Japan’s DyDo Group Holding, whose shareholders include none other than BlackRock. You can bet your last penny that BlackRock also owns shares in Apple, Microsoft, BMW, Mercedes, Adidas, IKEA, Calvin Klein, Tesla, Netflix, DHL, Disney, Mastercard and the list goes on.

In the same breath, PM Anwar also made a fool of himself when he made a spectacular U-turn by defending his government’s plan to privatise the national airport operator with the involvement of Israel-linked BlackRock. If he really is the true champion of Palestinians, he should have the balls to cancel every deal linked to all Jewish companies, especially BlackRock.

However, he finally understood the reality against fantasy. It would be a political suicide to declare war against the US$10 trillion (RM47 trillion) investment firm. The last time a Jewish hedge fund manager called George Soros attacked the Ringgit, it created so much damage that then-PM Mahathir had to abuse his power to instruct national oil company Petronas to bail out his son’s company from going bust.

If Soros – only one Jew – could destroy Malaysia’s currency and cripple its stock market, imagine the magnitude of destruction BlackRock can do to the entire nation. It was not a coincidence that the country – under Anwar administration – has fallen seven places to 34th out of 67 countries in the 2024 International Institute for Management Development (IMD) World Competitiveness.

It was by design that Malaysia is humiliated when even Thailand (25th spot) and Indonesia (27th spot) are ranked higher than Malaysia. The biggest joke came from Minister of Investment, Trade and Industry, Tengku Zafrul, who has blamed the country’s plunge in competitiveness to the weakness of Ringgit. But it was only in Feb this year that the weak Ringgit was blamed on lack of competitiveness.

Instead of overly obsessed with Muslim Brotherhood and Hamas, perhaps the prime minister should make up his mind whether the drop in competitiveness is due to Ringgit, or the other way round. He should realize that Malaysia is not only a small nation, but also a corrupted and mismanaged country that has a mind-boggling RM1.5 trillion of national debts. It is incredibly too weak to fight the mighty Jewish nation.

But how Jews, who, represent a minuscule percentage of the world’s population compared to the 1.9 billion Muslims, has become so powerful and influential? There’s a reason why the Jews are known as the most intelligent race in the world. Instead of mixing religion with politics and business, they excel in science, technology, mathematics and finance – not memorizing religious books.

Source : Finance Twitter