Tuesday, July 19, 2016

Be careful Salleh Said Keruak. Remember the saying, "Hell knoweth no fury like a woman scorned".

 Marina slams Salleh and ‘idiots running countries’

 Marina Mahathir has fired back at federal minister Salleh Said Keruak for mentioning an old rumour about her “eloping with an Indian man” and how it affected the stock market.

In a Twitter response yesterday to Salleh’s blog article, Marina, the only daughter of former premier Dr Mahathir Mohamad, said:

“Dear Salleh, people eloping, especially when untrue, don’t affect the market. VIPs stealing billions do. Idiots running countries, even more so.”

In another Twitter remark later, she clarified that she meant “rich politicians” when she said “VIPs”.
Sabah Umno leader Salleh Said Keruak had sniped at Dr Mahathir by saying that the rumour had caused a fall on stock markets in Malaysia and Singapore.

On his blog, Salleh, who is communications minister, has been defending Umno president and Prime Minister Najib Razak against Dr Mahathir’s year-long campaign to unseat the prime minister, using reports about the financial affairs and massive debts of the government’s investment arm 1Malaysia Development Bhd.

Dr Mahathir left Umno in February to lead a “Save Malaysia” campaign to force Najib out of office and has in turn faced a barrage of criticism about his actions and policies in his 22 years in office.
Salleh said political rhetoric and rumours, and not financial analyses, could spark Doomsday speculation, and said most of these “soothsayers” were Malaysians opposed to Najib.

Among other critics, the DAP’s Lim Kit Siang has kept up a stream of comments that Malaysia was on a slippery slope headed towards a “failed state”, using falls on the stock exchange and the weakened state of the ringgit as examples.

Salleh, in his article “Malaysia’s economy: Facts never lie” said time and again Malaysians had reacted to rumours and panicked even if the rumour had no bearing on the economy. “If fundamentals were taken into consideration, share prices would be within single-digit PE ratios (or at the most less than 20) and not in the triple digit or close to triple digit ratio,” he had said.

[Source: FMT]

No comments:

Post a Comment