An Amnesiac Ass
SeaDemon Says
The above is a cover of Lim Kit Siang’s 1983 book on the BMF scandal that involved the Mahathir administration.
The scandal must have been so damning that it warranted a book written of the accounts.
And in the age of the Internet you can find at least ten works of Lim Kit Siang that are related to the BMF scandal.
Three years after the publication of the above book, Lim Kit Siang published another one! So important was the BMF scandal that he had to publish another to keep the public informed of the scandal.
Three Bank Negara governors resigned within a span of 13 years beginning with Tan Sri Abdul Aziz Taha in 1985 who cited disagreement with Mahathir’s administration on lending policies.
His successor the late Tan Sri Jaafar Hussein resigned in the wake of a massive RM15 billion foreign exchange loss suffered by the bank in defending the ringgit.
Finally Tan Sri Ahmad Mohd Don resigned in 1998 over differences with Mahathir on monetary policies.
I am sure Lim Kit Siang hasn’t forgotten the above events. He even called for a Royal Commission of Inquiry to be set up despite the Ahmad Nordin Commission completing its inquiry.
The BMF scandal was so important to Lim Kit Siang because unlike the 1MDB, billions of public funds meant for the betterment of the people, the Bumiputera in particular, disappeared and we have all been told to just “let it slide.”