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As Above So Below
Malaysia’s PM is about to steal an election - The Economist
IN MOST countries a government that allowed $4.5bn to go missing from a state development agency would struggle to win re-election. If some $681m had appeared in the prime minister’s personal account around the same time, which he breezily explained away as a gift from an unnamed admirer, the task would be all the harder.
An apparent cover-up, involving the dismissal of officials investigating or merely complaining about the scandal, might be the last straw for voters. But in Malaysian elections, alas, voters do not count for much.
Under any reasonable electoral system, the coalition running Malaysia would not be in office in the first place. The Barisan Nasional, as it is known, barely squeaked back into power at the most recent election, in 2013.
It lost the popular vote, earning only 47% to the opposition’s 51%. But thanks to the shamelessly biased drawing of the constituencies, that was enough to secure it 60% of the 222 seats in parliament.
This ill-deserved victory, however, occurred before news broke of the looting of 1MDB, a development agency whose board of advisers was chaired by the prime minister, Najib Razak. America’s Justice Department has accused him and his stepson, among others, of siphoning money out of 1MDB through an elaborate series of fraudulent transactions.
Much of the money went on luxuries, it says, including paintings by Picasso and Monet, a private jet, diamond necklaces, a penthouse in Manhattan and a gambling spree in Las Vegas. In February Indonesia seized a $250m yacht that the Americans say was bought with Malaysian taxpayers’ money. Authorities in Switzerland and Singapore have also been investigating.
Mr Najib denies any wrongdoing—and of course he has loyal supporters. But his administration has not tried very hard to clear things up. Only one person has been charged in connection with the missing billions: an opposition politician who leaked details of the official investigation after the government had refused to make it public.
All this is unlikely to have improved Mr Najib’s standing with voters. Yet an election must be held by August. Faced with the risk of losing power, the government is rigging the system even more brazenly. Parliament will soon vote on new constituency boundaries. The proposed map almost guarantees Mr Najib another term, despite his appalling record.
IN MOST countries a government that allowed $4.5bn to go missing from a state development agency would struggle to win re-election. If some $681m had appeared in the prime minister’s personal account around the same time, which he breezily explained away as a gift from an unnamed admirer, the task would be all the harder.
An apparent cover-up, involving the dismissal of officials investigating or merely complaining about the scandal, might be the last straw for voters. But in Malaysian elections, alas, voters do not count for much.
Under any reasonable electoral system, the coalition running Malaysia would not be in office in the first place. The Barisan Nasional, as it is known, barely squeaked back into power at the most recent election, in 2013.
It lost the popular vote, earning only 47% to the opposition’s 51%. But thanks to the shamelessly biased drawing of the constituencies, that was enough to secure it 60% of the 222 seats in parliament.
This ill-deserved victory, however, occurred before news broke of the looting of 1MDB, a development agency whose board of advisers was chaired by the prime minister, Najib Razak. America’s Justice Department has accused him and his stepson, among others, of siphoning money out of 1MDB through an elaborate series of fraudulent transactions.
Much of the money went on luxuries, it says, including paintings by Picasso and Monet, a private jet, diamond necklaces, a penthouse in Manhattan and a gambling spree in Las Vegas. In February Indonesia seized a $250m yacht that the Americans say was bought with Malaysian taxpayers’ money. Authorities in Switzerland and Singapore have also been investigating.
Mr Najib denies any wrongdoing—and of course he has loyal supporters. But his administration has not tried very hard to clear things up. Only one person has been charged in connection with the missing billions: an opposition politician who leaked details of the official investigation after the government had refused to make it public.
All this is unlikely to have improved Mr Najib’s standing with voters. Yet an election must be held by August. Faced with the risk of losing power, the government is rigging the system even more brazenly. Parliament will soon vote on new constituency boundaries. The proposed map almost guarantees Mr Najib another term, despite his appalling record.