Wednesday, September 17, 2008

Pak Lah Hands Over Finance Portfolio To Najib. What Gives?

Prime Minister Datuk Seri Abdullah Ahmad Badawi has just made a surprise announcement that Deputy Prime Minister Datuk Seri Najib Tun Razak has been appointed the Finance Minister with immediate effect. Najib has also been made deputy chairman of Khazanah Nasional. In a politically motivated swap, the PM took over the defence portfolio.

What the rationale is for such an appointment at this juncture remains to be seen. Suffice to say that there must be some compelling political reasons for this sudden move. One sign of a truce between the big two was a remark by Pak Lah that he and Najib are 'committed' to the 2010 transition of power, although he 'may leave earlier'.

Whatever bargaining, wheeling and dealing that led to the Finance Minister's job for Najib should come out pretty soon.

Meanwhile AP reports that the move appears to be an attempt by Abdullah to gradually hand over responsibilities to Najib as part of a planned power transfer. Abdullah had said previously that he would step down in mid-2010.

He told reporters that he is now "more flexible" about when to retire, but "I won't be staying more than 2010 naturally ... Might go earlier."

The announcement comes amid calls by dissidents in the ruling party for him to retire early even as the opposition tries to topple the government.

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Blogger Bentoh said...

I feel uncomfortable for a to-be-ousted PM taking over the defense portfolio...

3:27 PM GMT+8  
Anonymous Anonymous said...

Well kopi shop talk:

ABD-Defence Min. he can summond the army to protect him in case of take over power by DSAI, but most important he does not rely on Najib to summon protection for him. In case lah (assume saja) Najib is defecting him.

Also... public know, Najib got RM3M as 'consulting cost'.. so ABD is diving into the cash cow scene.

Only coffee shop talk only la!!!

3:31 PM GMT+8  
Anonymous Anonymous said...

It's a ploy. dont fall for it. Read my posting abt the bigger picture here

4:32 PM GMT+8  
Blogger kopitelp16 said...

Ada udang di sebalik batu. Pak Lah might not be a sleepy head after all.

4:45 PM GMT+8  
Anonymous Anonymous said...

sleepy head????

Heh... thinking very hard la tu...

udang ada tak ada.. tak pah lah... asalkan I dapat cari makan...

Of cause mestilah ada pimpinan yang stabil...

My foreign colleague how is Malaysia politik...

I bilang... kita rakyat biasa ni.. apa boleh buat.. wait & see le!

10:12 PM GMT+8  
Anonymous Anonymous said...

mad cow disease can make ppl do such things lah.

7:53 AM GMT+8  
Anonymous Anonymous said...

Pak Lah can't handle our Finances & Najib can't be trusted with Defence (he has made too much money from "crooked" transactions alreday), so try switching now. See if they can get lucky & do better?!

12:11 PM GMT+8  

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