Ex-Bank Negara Governor Zeti May Be Arrested And Charged

Will PM Muhyiddin Yassin dare upset Tun Dr Mahathir Mohamad and Tun Daim Zainuddin by arresting and charging Zeti? That is left to be seen, but if nothing is done, that will give Umno and the Umno activists-bloggers such as Lokman Noor Adam one more excuse to attack Muhyiddin and to demand his resignation.

On 30 October 2020, Malaysia Today wrote a story titled “The untold story of Zeti’s involvement with Jho Low” (READ HERE). Since then, Pakatan Harapan has been trying to cover Zeti Akhtar Aziz’s back because, if she gets brought down, then a lot of well-guarded secrets are going to be revealed — such as her involvement in 1MDB and her malicious advice to Najib Tun Razak regarding the US$680 million donation from the Saudis.


Tun Dr Mahathir Mohamad and Pakatan Harapan won the May 2018 general election or GE14 by declaring a so-called jihad or crusade against corruption, the 1MDB issue being their main focus of attack. After Pakatan Harapan formed the government, they created a Council of Eminent Persons (CEP) and appointed several “towering” Malaysians to what was supposed to be the body that “guides”the Prime Minister.

In fact, Mahathir had announced the setting up of this “Council of Elders” ten years earlier in 2008 during a meeting at the Hotel Singgahsana in Petaling Jaya. So it was no surprise when it happened, as it had always been Mahathir’s plan to run Malaysia by bypassing the Cabinet.

Pakatan Harapan’s Council of Eminent Persons, which was planned in 2008 but set up in 2018

One of the high-profile members of this CEP is Zeti Akhtar Aziz, the former Governor of Bank Negara Malaysia, who was portrayed as the paragon of virtue. Zeti was also appointed as Chairman of Permodalan Nasional Bhd (PNB), which is one of the largest fund management companies in Malaysia.

PNB is the guardian and trust agency of Bumiputera interests and its holding company is Yayasan Pelaburan Bumiputera — whose chairman is the Prime Minister, Muhyiddin Yassin, while the Deputy Chairman is the Finance Minister, Tengku Zafrul Tengku Abdul Aziz.

Hence, it is quite clear that as far as the area of finance is concerned, after the Prime Minister and Finance Minister, Zeti is the third most important person in the country.

Zeti and the current Bank Negara Governor, Nor Shamsiah Mohd Yunus

Zeti is feared not just by the civil servants and bankers but also by businessmen, as she can make or break their companies by influencing market forces to push up or push down the value of the shares of their companies in the stock market.

But therein lies the problem. The 1MDB scandal happened during her watch as Governor. And it has been difficult to unravel because Zeti’s proxies are still in powerful places. One of them is the current Governor, Nor Shamsiah Mohd Yunus.

On 30th October 2020, Malaysia Today disclosed that Zeti and her family, specifically her husband Tawfiq Ayman and her sons, are all part of the plundering of the country’s wealth, what Mahathir fondly calls kleptocrats. They are, in fact, part of Jho Low’s band of thieves.

What is happening now is they are all tampering with evidence to erase all their wrongdoings. They are now doing a coverup right under Prime Minister Muhyiddin Yassin’s nose. And when the shit hits the fan, as it surely will, it is going to be Muhyiddin and his Perikatan Nasional government who will be blamed, not Dr Mahathir or Pakatan Harapan.

Exclusive interview with Jho Lo @ Low Taek Jho on 28 July 2010.

Zeti’s family has business dealings with Jho Low

If Muhyiddin and Perikatan Nasional hope to win GE15 after this pandemic is over, they had better remove all those Pakatan Harapan nominees, proxies and sleepers — a.k.a. Deep State — who are thorns in the side of the administration (which explains why the government is having such a tough time, not only managing the Covid-19 coronavirus pandemic and the economy, but also internal saboteurs like Zeti).

DAP, PKR, and all those Pakatan Harapan leaders are keeping very quiet and are not raising this issue. If they do, then Pakatan’s dirty hands would also be exposed and Malaysians will be able to see how corrupt that 22-month Pakatan government was.

Bank Negara has prepared a detailed report on the matter and this report has been sent to the Attorney-General for his attention. It is not known yet whether the Attorney-General is going to order Zeti’s arrest and prosecution, but there is talk in the Attorney-General’s Chambers that this may happen.

Will Muhyiddin dare upset Dr Mahathir and Tun Daim Zainuddin by arresting and charging Zeti? That is left to be seen, but if nothing is done that will give Umno and the Umno activists-bloggers such as Lokman Noor Adam one more excuse to attack Muhyiddin and to demand his resignation.


By: Raja Petra Kamaruddin



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