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7th Rangers: The Good, The Bad & The Ugly – From DAP’s Sacrifice To Zafrul’s Shameless Royal Lobbying For Finance Minister

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The Good, The Bad & The Ugly – From DAP’s Sacrifice To Zafrul’s Shameless Royal Lobbying For Finance Minister
Monday, December 05, 2022


Finance Twitter : Prime Minister Anwar Ibrahim was scheduled to unveil his highly anticipated cabinet at 5pm on Friday (Dec 2). Media have been well prepared for the press conference. The PM, having met the Yang di-Pertuan Agong (King) for nearly an hour in the morning, had arrived at the administrative capital of Putrajaya – Perdana Putra – around 4.30pm, suggesting everything was in order.

Had there been complication or disagreement over the cabinet candidates, Anwar would not have had gone to meet Sultan of Perak and his supporters in Tambun that day, where he received a rock star’s welcome. Something must have gone terribly wrong when the cabinet line-up announcement was postponed to 8:15pm. As suspected, something indeed went wrong.

The biggest surprise, as it turned out, was not the announcement of Barisan Nasional chairman Ahmad Zahid Hamidi as one of two deputy prime ministers. His appointment, despite criticisms from activists, idealists and provocateurs, was a done deal after he easily quelled internal rebellion that could otherwise see religious extremist Perikatan Nasional forming the government instead.

The jaw-dropping announcement was the appointment of Tengku Zafrul Abdul Aziz as the Minister of International Trade and Industry (MITI). Exactly how could PM Anwar appoint him, the same clueless and incompetent former finance minister who had served previously backdoor Prime Minister Muhyiddin Yassin and Ismail Sabri? Has Anwar Ibrahim gone mad?

Hours before the cabinet announcement, the rumour mill was churning about the return of Zafrul as Finance Minister again. Apparently, the underperforming former minister had lobbied – shamelessly – for the powerful portfolio using his royal connection. Even though he is the Selangor Barisan Nasional treasurer, not even Zahid wanted him to be part of the unity government.

Born with a silver spoon, Zafrul, thanks to his marriage to the great granddaughter to the fifth Sultan of Selangor, managed to climb up the corporate ladder largely due to his royal title “Tengku”. He was the chief executive of Malaysian banking group CIMB before handpicked and promoted by Muhyiddin as the Minister of Finance in March 2020 after a political coup.


But Zafrul is also infamous for being the superstar singer in a music video for Najib’s 2018 Election Campaign. Instead of running the bank, Zafrul was one of 53 Chief Executives of GLCs (government-linked companies) who had shamelessly sung songs of praise for former PM Najib Razak, the crook who had misappropriated at least US$4.5 billion from 1MDB sovereign funds.

Read it all here.......

posted by Major D Swami (Retired) @ 11:32 AM  
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