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Mahathir: Chinese Controls Malaysia Economy
Written by Web Master Monday, 16 August 2010 16:53 Last Updated on Monday, 16 August 2010 16:56
Former Malaysian Premier, Tun Mahathir Mohamad wrote that the Chinese community contols the economy in Malaysia and that they should not be given more political power adding that the Party Islam Se-Malaysia (PAS) was hypocritical in its attempt to woo Chinese voters.
(TMI) KUALA LUMPUR, Aug 10 — Tun Dr Mahathir Mohamad has bluntly said that Barisan Nasional (BN) will not give more political power to the Chinese until the Malays expand their economic stake in the country where he once preached unity under Bangsa Malaysia.
The former prime minister also said that PAS is wooing the Chinese just for votes to gain power, adding that “hypocrisy is very much alive in Malaysian politics”.
Writing in his popular blog last night, Dr Mahathir said he had to give the true reasons for the lack of Chinese in high posts after being “startled” by criticisms from an ex-lawmaker about the issue at a recent gathering.
“In the political field the Malays appear to be in control. Most of the high posts i.e. PM, MB etc are held by the Malays. If these posts are held by the Chinese, then not only will the economy be under Chinese control but the political arena would also be under the Chinese.
“What will be the Malay stake in the country?” Dr Mahathir wrote in the post titled “To be or not to be a racist”.
Noting that the New Economic Policy (NEP) had “been on now for almost 40 years, far longer than originally planned,” he said, “Admittedly the Malays had been at fault because they did not make correct use of the opportunities created for them in the NEP. “
“But whatever the reason, the Malays have not gained for themselves the 30 per cent target in corporate ownership even. But more than that if a proper audit is made their wealth is even less than 30 per cent of total wealth of the people of Malaysia.
“Most of the wealth of the country belongs to the Chinese. It can also be said that the Chinese control the economy of the country,” he stressed.
Dr Mahathir added that “the NEP is about giving the Malays a fair stake in the economy of the country. Should they get this then they should be ready to relinquish a commensurate amount of control in the political field.”
“Since they have not gained a fair share in the economy, then they should be allowed to retain this greater share in politics,” he reasoned.
His latest diatribe is a contrast to 1991 when he launched his “Vision 2020” for a developed Malaysia with the hope for a Bangsa Malaysia regardless of race.
Read more at: http://www.themalaysianinsider.com/malaysia/article/dr-m-explains-malay-political-dominance-over-chinese/
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