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Monday, 21 June 2010

Listen to your brother, Guan Eng tells Najib

Lim feels Najib needs to get buy-in from inside in the BN.
KUALA LUMPUR, June 20 — DAP secretary-general Lim Guan Eng today urged Datuk Seri Najib Razak to heed his brother’s advice for a review of the New Economic Policy (NEP).

Lim told The Malaysian Insider the only problem the prime minister has is the opposition from Barisan Nasional (BN).

“He would do well if he listens to his brother, but will BN listen to him?” said Lim who is also the chief minister of Penang.

“If BN refuses to listen he should form a new party and call it 1 Malaysia party since he is so committed to 1 Malaysia,” said Lim.

Najib’s younger brother Datuk Seri Nazir Razak who is also the chief executive of CIMB had said in an interview with Mingguan Malaysia today that NEP has been unfair to the majority of the Malays as it only benefits selected few.

Nazir also questioned the lack of transparency in the allocation of bumiputera shares in listed companies and the awarding of APs.

“In the name of NEP, shares of listed companies are given out to bumiputeras, but the question is who is entitled and who is benefiting from it?” he asked.

“And look at the awarding of APs, what is the basis for the award?” said Nazir.

He also told the influential Malay weekly the NEP which was introduced during his father, Tun Abdul Razak Hussein’s administration to forge unity has become a divisive policy.

In agreeing with Nazir, Lim said while the policy was framed with noble intention it has become synonymous with corruption and cronyism.

“Those who have stolen from the Malays must be brought to book,” said Lim citing Najib’s admission last year that out of the RM54 billion worth of shares allocated, only RM2 billion worth remain in bumiputera hands.

He said if not for the leakages the 30 per cent target of bumiputra ownership would have been achieved.

Lim added that retaining the failed policy would only made Malaysia stuck in what he called the “corruption trap.”

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