save malaysia!

Anwar tells Guan Eng to ease up on fire and brimstone as finance minister

savemalaysia
Publish date: Tue, 19 Jun 2018, 02:40 PM

KUALA LUMPUR, June 19 — Pakatan Harapan de facto chief Datuk Seri Anwar Ibrahim said he advised Finance Minister Lim Guan Eng to be mindful of his public remarks as these could now move markets.

The former deputy prime minister and finance minister said he told the DAP secretary-general that his words now carried the weight of the Finance Ministry and the government, which have significantly greater influence than when he was an Opposition lawmaker. 

“I did meet and inform Lim Guan Eng that the position of finance minister is of greater status.

“Every statement (of his) will become the reference point for investors,” he was quoted as saying by the Malaysiakini news portal.

Anwar’s remarks were extracted from an unaired interview due to be shown later this week.

He was commenting on Lim’s dispute with ratings firms Moody’s Investors Service over the severity of the country’s debt and liabilities.

Moody’s previously said it was maintaining Malaysia’s debt at 50.8 per cent of the entire economy while Lim insisted this should be over 80 per cent.

However, Lim’s position appeared to be conflation of Malaysia’s debts and liabilities, whereas Moody’s was commenting strictly on the country’s debt.

Anwar added while Lim and other ministers were obliged to be transparent with all agreements and to expose fraud, the latter could delegate the explanation to other agencies.

“He may task one or two other ministers along with the Malaysian Anti-Corruption Commission to explain his revelations,” Anwar said.

This is the second time Anwar has offered advice to Lim regarding the position of finance minister.

In a speech on the day of his release from prison last month, he warned Lim to expect a deluge of supplicants hoping to gain favour.

Anwar had been finance minister from 1991 until his sacking in 1998.

https://www.malaymail.com/s/1643297/anwar-tells-guan-eng-to-ease-up-on-fire-and-brimstone-as-finance-minister

 

Discussions
Be the first to like this. Showing 34 of 34 comments

bagan

So much nak savemalaysia, save klse first la, 40days index already down almost 10%...at 100 days can get at 1300 lorrr

2018-06-19 16:00

nearownkira

nothing to do with LGE, it is because of China US Trade war. dont simply blame

2018-06-19 16:01

edison5351

if klse can save then msia can save. not the other way round. so save klci first

2018-06-19 16:02

trulyinvest

anwar corect oso. lge can reveal the debt but must pandai pandai cakap la.. mayb need to learn how to sweet talk

2018-06-19 16:05

MoneyMachineGun

Lim guan eng is really funny and has failed as a finance minister.how can bursa be great again,it is becoming worst

2018-06-19 16:11

trulyinvest

the efect of malaysian debt is mostly discounted. now the effect is trump trade war

2018-06-19 16:14

Undi_PKR

Anwar pls comeback. Are you waiting for right timing eg CI below 1700?

2018-06-19 16:23

lizi

only lousy trader blame here blame there...kikiki.

2018-06-19 16:26

Undi_PKR

Is trading so easy? Why >90% retailers losing money in stock market?

2018-06-19 16:28

signalmw

hang sent drop 1000 point. Mike I drop 400 point. now European heavy drop.

2018-06-19 16:31

signalmw

lge so power than trump...

2018-06-19 16:31

KillBuffett

you all still don't understand? the announcement of the debt is to get the public out of focus on the new cabinet!!!.

4 parties still cannot settle down until now, so puppets need to have some show loh. From time to time, you will see news from different departments. Every few days sure got new topic coming out until the new cabinet announced.

LGE improved alot, when compared to the 1st PC.
When I comment on that kena F by so many people...because LGE is Saint, is GOD. When wrong is wrong lah,
There is another newspaper editor (MY) praise him for the honesty.
Non-sense.
To many others, the 1st PC is unprepared and he got so excited and announce the debt without telling the whole story.

(https://www.malaymail.com/s/1634850/a-less-blunt-tool-for-lim-guan-eng-really-mr-mukherjee)


No 1 say cannot tell the truth, after all LGE is a politician, so he should change the way he speak. Keep in mind, he no longer an opposition and no longer control a state.

2018-06-19 16:32

SALAM

When the monkey got the shotgun, he tot it can be played like fireworks..Still green la...Luckily the master is behind to tame this monkey

2018-06-19 18:15

hollandking

tomorrow slaughtering house? i mean, the market.

2018-06-19 18:19

stockraider

TELL THE TRUTH LAH....!!

IF UR COLLEAGUE STILL IN HIS JOB....AND U DUE TO TAKEOVER HIS JOB....WHEN U TAKEOVER....DO U KEEP QUIET....OF THE LEAKAGES AH ??

OF COURSE THE RIGHT APPROACH....IS THROW OUT....ALL THOSE...DISCREPANCIES.....TO AVOID BEING BLAME....FOR OTHERS DISHONEST ACTION LOH......!!


Posted by KillBuffett > Jun 19, 2018 04:32 PM | Report Abuse

you all still don't understand? the announcement of the debt is to get the public out of focus on the new cabinet!!!.

4 parties still cannot settle down until now, so puppets need to have some show loh. From time to time, you will see news from different departments. Every few days sure got new topic coming out until the new cabinet announced.

LGE improved alot, when compared to the 1st PC.
When I comment on that kena F by so many people...because LGE is Saint, is GOD. When wrong is wrong lah,
There is another newspaper editor (MY) praise him for the honesty.
Non-sense.
To many others, the 1st PC is unprepared and he got so excited and announce the debt without telling the whole story.

(https://www.malaymail.com/s/1634850/a-less-blunt-tool-for-lim-guan-eng...)


No 1 say cannot tell the truth, after all LGE is a politician, so he should change the way he speak. Keep in mind, he no longer an opposition and no longer control a state.

2018-06-19 19:34

moneypedia

once again i said lge is an amateur (sometimes i use stupid word, but dont wanna quarrel just use amateur), that is still trap in opposition mindset trade war, so brace yourself powerful bottoming, intact maybe...

2018-06-19 20:03

davidkkw79

Even though Anwar has advices our 威水财政部长to behave of what his brimstone speech. But our finance minister still act very 威水 to reply no to Anwar.

2018-06-19 20:24

davidkkw79

威水部长 = 林部长

2018-06-19 20:25

PanjiAlam55

DSAI is not god, the more he interrupts with govt policy the more worst economic will be, just keep his mouth shut let the PM, LGE n others do their job. Anwar must wait for his time as for now just keep shut his mouth dun talk in public to much

2018-06-19 20:43

bagan

Now Anwar blame lge, lge point Tu tun and tun pointing to geriatric council but downturn continue...i still don't see where klse going to land...and they are still pointing here and there..

2018-06-19 21:02

bagan

Lk036, if you understand Japanese you should know that they don't like the blame game, all they want to know is when are you going to solve it, execution must be fast n prompt, not like what's happening now, there's no sense of crisis, they are busy digging the files, got shocked over something that everybody already knew and having PC everyday...who's going to calm the market???

2018-06-19 21:55

bagan

Then lge should start 腹切りfirst for his bungalow...

2018-06-19 22:07

bagan

DJ crashed tomorrow klse will start at 1650, and the politicians will be busy digging files, getting shocker, firing CEOs, governors judges then have PC at 3pm...somebody pls save Malaysia....

2018-06-19 22:17

hollandking

clap clap clap

2018-06-19 22:32

TakeProfits

Please lar I think transparency is most impt, ie to tell the truth about the country's finances as it is! The Rakyat needs to know everything cos it's our money. Short term sure has effects on investor confidence and it will affect bursa. Mid term and longer term it will be good for msia cos there will be confidence in our economy. As a rakyat I want to know everything and NO sugar coating. Short term you market players you are concerned about your returns. Just HOLD your stocks and if they are good stocks it will do well soon. Further it's a new gomen we have now and it will take time for confidence in a new good gomen. Tun M and LGE and the new cabinet will do a good job. Just give them some time. We all wanted PH to win, but be patient concerning performance of the economy and Bursa's performance !!

2018-06-20 00:40

ykloh

AI still has the umno mentality.

2018-06-20 01:16

PanjiAlam55

yup AI still hv a lot of good friends in UMNO that's why his mentality is UMNO style.

2018-06-20 01:23

TakeProfits

Yar guys we all hope UMNO mentality must go. Tun M and new cabinet is doing everything to give so much respect to us the rakyat. The red files on mega spending!#. If PH did not tell us, then we won't know and if BN win, it would be another 5 years of more red files mega spending we the rakyat would not know. Do you want BN to win the last election. We forget fast what we were suffering at the old gomen hands. We should thank God we have a new gomen that says the rakyat owns the whole country and everything that is in our country. It does not belong to a party or group of people. Malaysia belongs to msian rakyat. That's what the present gomen is wanting to portray. The power in the hands of the msian rakyat. So why all of you soo sad. Because market drop. Bear in mind the Dow is going through a short term jittery stage due to possible interest rate rise in US. So don't blame good gomen with good governance. All.markets follow the Dow, whether you like it or not. So be happy we have PH ideals. Be patient and pray for our new good PH gomen. Back PH cos next time if they loose we may loose everything.

2018-06-20 02:17

bagan

Similar to earthquakes, we understand, we don't blame gov for it but as good gov we are expecting planning, preparation, immediate response, short and long term efforts to pacify, nurture and grow the market. And now we don't see any of the above. Market is like politics beyond results, perception is very important. Numbers are history, but perception is the future, if perception became negative then uncertainty kicks in. What you're seeing from may13 till now is market dominated by uncertainty clueless and without direction.
There so many authorities here, sprm police bank Negara sc, let them do the digging, fm should be focusing on national issues like nurturing developing securing stabilizing financial and capital market as one of them. Somebody pls save Malaysia...

2018-06-20 07:23

enning22

you need to identify the illness, in order to fix it.and the time to fix it should be around the corner,right medicine should be administraded.

2018-06-20 12:04

TakeProfits

Yar enning22, you are right. Do it right, do it transparent for the rakyat and investors. Who will trust a gomen that pussy foots and not transparent.

2018-06-20 14:12

goreng_kaki

anwar pls keep quite, don't made yourself like najib, keep talking made rakyat dislike you~~

2018-06-21 08:20

bagan

Anwar as the boss of harapan only made an advice, if lge can't even take that what about criticism from the people...this is not ph behavior

2018-06-21 08:28

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