Former PKR youth chief Mohamad Ezam Mohd Noor is demanding that former prime minister Tun Dr Mahathir Mohamad to come clean on Petronas’s bailout in 1998 as a move to save his son’ Konsortium Perkapalan Berhad (KPB).
Ezam said the Petronas’s bailout was also brought up in several meetings organised by the Ministry of Finance where many government officials had also raised the issue, Utusan reported.
He said with such huge amount of public fund used as a bailout to help his son, Mirzan, the former premier owes the people an explanation.
Dr Mahathir has been critical recently over the 1Malaysia Development Berhad (1MDB) fiasco which to date, had acquired a total of RM42 billion in debts.
READ:
Pakatan will govern the country if Najib fails to solve 1MDB issue - Tun M
Tabung Haji funds shouldn't be used to 'bailout' 1MDB: Dr Mahathir
Dr Mahathir has also been urging Tunku Abdul Aziz Tunku Ibrahim to use his position as member of the Malaysian Anti-Corruption Commission (MACC) to conduct a full investigation into allegations stating that he had misused the state government during his 22 years in office.
Dr Mahathir also warned Tunku Abdul Aziz to apologise if no evidence is found connecting him to the allegations which were hurled at him.
READ ALSO:
Tunku Aziz should conduct full investigation on me, says Tun Mahathir
Dr Mahathir said he had not siphoned off any cash and never held any position in the bank, its management or involved in any decision making process.
Suganthi Suparmaniam
Thu May 14 2015

Mohamad Ezam Mohd Noor wants Dr Mahathir to explain the alleged 1998 bailout using public funds. - File Photo

'Little, little screws' one of many hurdles to US-made iPhones
Trump says the tariff will also apply to Samsung and other smartphone makers, with implementation expected by the end of June.

ANALYSIS - Trump's Golden Dome plan could launch new era of weapons in space
Trump's Golden Dome space defense plan alarms China and Russia, stoking fears of a global arms race beyond Earth's atmosphere.

INSIGHT - Trump plan or not, Israel is letting more Palestinians leave Gaza
Israeli officials deny link to Trump's resettlement proposal, while Netanyahu celebrates resettlement plans.

Australia's new haul of Chinese online goods helps tame inflation
Chinese e-commerce giants like Taobao and JD.com expand in Australia, driving down prices and influencing inflation and shopping habits.

Trump threatens new tariffs on European Union and Apple, reigniting trade fears
Trump threatens tariffs on EU and Apple, pressuring firms to move production to the US, risking higher consumer prices and trade tensions.

'Harvard refugee': Chinese students hunker down as US blocks foreign enrollment
A US order targeting Harvards Chinese students over alleged CCP ties sparks fear, legal chaos, and disrupted academic futures.

Trump warns Apple of 25% tariffs if iPhones not made in US
Trump says iPhones not made in the US will face the tariff, urging Apple to shift production from India to America.

China pledges support for overseas students after Trump's Harvard curb
US actions will undoubtedly affect its image and credibility, says China's Mao Ning.

Pakistan to offer US firms concessions on mining investment in tariff talks, says minister
Pakistan offers US mining deals to avoid a 29 pct tariff on exports, aiming to boost trade ties and attract investment amid trade talks.

US to impose sanctions on Sudan after finding government used chemical weapons
US to sanction Sudan over chemical weapons use, sparking denial from Khartoum amid growing tensions tied to the ongoing civil war.

Taliban in talks with Russia, China for trade transactions in local currencies
Afghanistan eyes trade in national currencies with Russia, China to reduce dollar reliance amid sanctions and aid cuts.

Trump's attack on Harvard's foreign students targets key revenue for US universities
Trump halts foreign student enrollment at Harvard, warning other schools amid funding cuts and antisemitism claims.

Vietnam expresses willingness to combat trade fraud in US tariff talks
Vietnam urges US to recognise it as a market economy and lift tariffs, as trade talks aim to narrow a $123 bil surplus and avoid 46% duties.

G7 glosses over tariffs, pledges to cut global economic imbalances
G7 pledges unity on global imbalances, sanctions on Russia, and trade fairness, but avoids tough language on tariffs, Ukraine, and China.

Trump pushes EU to cut tariffs or face extra duties, FT reports
Trump's team demands EU cut tariffs on US goods or face new duties, as talks stall over differing trade expectations and frameworks.

Wealthy foreign crypto investors descend on President Trump's golf club for $148 million meme coin dinner
Trump's $TRUMP coin dinner draws global crypto elites, sparking backlash over foreign influence, secretive deals, and massive profits.
![[COLUMNIST] The Rise of Reality-Construction in Global Power Politics [COLUMNIST] The Rise of Reality-Construction in Global Power Politics](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-05/41747971607_globalpowerpolitic.jpg)
[COLUMNIST] The Rise of Reality-Construction in Global Power Politics
Governments and social media now shape reality through narrative control, making truth a contested arena in global politics and diplomacy.

Japan's tariff envoy to visit US next week again, sources say
Japan's Akazawa will return to the US for more trade talks, as tensions persist over auto and steel tariffs with no deal yet in sight.

Trump administration blocks Harvard from enrolling foreign students, threatens broader crackdown
Trump admin pulls Harvard's visa program, citing ties to protests & China, but Harvard says move is illegal retaliation, harming students.

EU open to extending lobster deal in package on Trump tariffs, FT reports
The EU-US lobster deal ends July 31 as new US tariffs loom and the EU prepares US$107 billion in countermeasures if talks collapse.