Mahathir the Mr. Clean..no more

Malaysia has squandered an estimated RM100 billion on financial scandals under the 22-year rule of Dr Mahathir Mohamad, according to a new book about the former prime minister was the heading in Malaysiakini. Its strange to read about the man who is regarded as the Father of Modern Malaysia is implicated with squandering such a large sum of money!
According to Barry Wain, author of the soon-to-be launched 'Malaysian Maverick: Mahathir Mohamad in Turbulent Times', direct financial losses amounted to about RM50 billion.This doubled once the invisible costs, such as unrecorded write-offs, were taken into account. The RM100 billion total loss was equivalent to US$40 billion at then prevailing exchange rates.Barry, who is a former editor of the Asian Wall Street Journal, says most of the scams, which included a government attempt to manipulate the international tin price and gambling by Bank Negara on global currency markets, occurred in the 1980s.
So Mr Clean is not clean after all,Aneh bin ajaib!
Politics have no relation to morals - Niccolo Machiavelli (1469-1527)

Read more in Malaysiakini: http://www.malaysiakini.com/news/118340