Bangsar, 18 March 2016
Everyone's wondering how Lim Guan Eng managed to land himself with probably this century's sweetest property deal in Penang (maybe even in Malaysia) but as far as YB Tony Pua is concerned, his boss can beg, steal or borrow all he likes, the Penang CM couldn't do any wrong.
Five years of flogging the 1MDB, Tony Pua is no closer to bringing down PM Najib Razak with his efforts. And that must be buggering him bad. It is also making him act idiotic and disingenuous.
Take his latest antic, where he alleged that the 1MDB had no fund manager for Caymans.
You can read it here: "No fund manager for 1MDB's funds in Caymans raises red flag" - Malaysiakini, `17 March 2016
I say disingenuous because what Tony Pua asked in Parliament was very, very specific:
Pua had asked: "Is there an investment bank managing the funds in Cayman?"
He did not ask, "Is there a fund manager managing the funds in Cayman?" The answer was NO, there is no investment bank managing the 1MDB funds in Cayman, simply because NOT ALL fund managers are investment banks.
There is such a thing as a non-bank fund manager.
Every investment company has fund managers. But these fund manageres, ladies and gentlemen, don't have to be investment bankers! But Pua, sadly, could not figure this out and accused 1MDB of not having fund managers in Cayman! This is just the latest trick of his that we've detected.
Tony Pua should really take a break from 1MDB and help defend his Bossman against the likes of Rahman Dahlan! Guan Eng gets defensive about his "discount" bungalow purchase in Penang - Malaysian Digest