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Dr Mahathir’s spectacular failures

All of Dr Mahathir’s piratisation projects failed. The profits and returns they expected did not happen but the profits of the cronies are legally protected. His Malay crony-billionaires failed spectacularly while his Chinese backers and their crony Malay non-executive directors continued to rob the country dry while at the same time are financing DAP.

erl-fare

This was the comment that Hattusa Zahn posted in Malaysia Today that I thought I would share with you:

All of Tun Dr Mahathir Mohamad’s ventures, which depended on future profits, failed and didn’t reach expectations. When Dr Mahathir retired Malaysia’s GDP per capita was a quarter of what it currently is. So the mamak is sore that he failed to achieve what Lee Kuan Yew did — leave a developed country upon retirement.

In 22 years of Mahathir’s quasi-dictatorship the country’s GDP increased from US$25 to US$90 billion. However, between 2003 and 2015, the nation’s GDP increased to US$340 billion.

Dr Mahathir knows his legacy is mediocre and that he left a mess. Uncompleted buildings from his era litter the Kelang Valley, many of which were rehabilitated under the Tun Abdullah Ahmad Badawi and Prime Minister Najib Tun Razak administrations

The LRT crony companies became bankrupt and disjointed, which Abdullah and Najib fixed through Prasarana/Rapid. Credit has to be given to Najib for slowly fixing this mess.

Thanks to Najib we now have a comprehensive compulsory preschool system that Dr Mahathir was not able to implement in his 22-year rule. Hopefully we will not see Malays and low-income kids going to standard 1 not knowing how to count and read within 7 years.

And Najib’s PEMANDU has come out with a strategy on how to improve the economy.

All of Dr Mahathir’s piratisation projects failed. The profits and returns they expected did not happen but the profits of the cronies are legally protected. His Malay crony-billionaires failed spectacularly while his Chinese backers and their crony Malay non-executive directors continued to rob the country dry while at the same time are financing DAP.

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That was the view of Hattusa Zahn, which is not too far off the mark. Anyway, talking about Dr Mahathir’s Chinese backers and their crony Malay non-executive directors, maybe the following documents regarding ERL can shed some light on the matter. Note one name in those documents and who he is.

ERL1 ERL2 ERL3 ERL4 ERL5 ERL6

Raja Petra Kamarudin

Artikel sebelum iniBR1M mula dibayar 28 Januari – Najib
Artikel seterusnya1MDB Selar WSJ "Kitar Semula Tuduhan Tidak Berasas"

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  23. Najib lg mngarut…huru hara negara..ekonomi xbtul,undang2 gila..perkaumanla..pecat sna sini,tolong orang pon kena tangkap..zaman tun mna pernah jd bnda yg mcmneh smua..sbb menteri dia pilih smua cerdik , bukan mcm skrang jd kayu

  28. Apa nk di ungkit kegagalan tun M sepatutnya tu jadikan sempadan… Kegagalan skrg ni patut dirisaukan.. Kegagalan demi kwgagalan yg bakal menimpa…. Tun M mungkin bercakap menerusi pengalaman kegagalan yg dia hadapi dulu supaya pm skrg x buat mcm dia dullu

  73. Rupanya dari dulu pemimpin BN buat kerja bukan untuk rakyat, tapi kroni…
    Menyesal saya undi BN jika apa yang Mahathir buat lebih banyak yang teruk dari baik, kan admin?
    Terima kasih kerana bagi fakta ini… (y)

  76. fail2 tun m pn dia x menyusahkan rakyat.. dia menjadikan kami bangga menyebut kami org malaysia bila diluar negara… bkn mcm najib n the gang, yg diaorg tau menyusahkan rakyat sepanjang masa!!! klu keluar negara, nak mengaku org malaysia pn dah malu..

  82. Answer this. Even thou theres tons of failure of drm u can list down. How many times gas price increase during 22yrs of his leadership? How low ringgit goes down within that time? How many money he give to rakyat just to make rakyat happy? How repectable our country to the world? Compare to our previous leader?

  87. Admin, ko idup zaman tun ke zaman najib skang ni? Ko nak flashback ape kejadahnye? Zaman tun brg2 x mahal..menteri2 cerdik x cm ahmad maslan!! Zaman tun gaji 600 pun ckup bela anak bini…zaman najib, gaji 4k pun x ckp2..

  95. Apalah Bangsat sangat ko ni Admin.
    Jadilah seorg manusia yg bermaruah dari memfitnah org spt Tun yg bnyk berjasa pd bangsa dan negara.
    Ko snggup jadi penjilat Bugis HJ hingga kerja memfitnah Tun tak habis.
    Rakyat yg susah kerana kos sara hidup dan segala2 nya naik berpunca dari Boss HJ ko yg penipu…pembohong dsb….tapi ko busukan Tun pula…. Kalau habis modal ko diam2 sajalah dari buat kerja yg hina ncm ni.
    Satu lagi tukarlah nama……..Anti DAP pd Anti Tun.
    Apa ko dah tak boleh attack DAP lagi ka?
    Atau dah habis modal juga ?
    Ko memang lekeh lagi hina berperangai ncm ini.

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