Merger a survival tactic, says Muhyiddin


  • Nation
  • Tuesday, 05 Aug 2003

KUALA LUMPUR: The merger between Parti Keadilan Nasional and Parti Rakyat Malaysia (PRM) is their last strategy for survival as neither of the parties had any more political strength, said Umno vice-president Tan Sri Muhyiddin Yassin. 

“They are asking for the last lifeline,” he claimed of Parti Keadilan Rakyat (keADILan), the new entity formed of the two parties on Sunday. 

“Keadilan is at the very end part of its ability to convince the people of its struggle while PRM has been in the doldrums in the last decade without winning any seat in the elections. 

“They have lost the crowd and they are sinking. They are clinging on to each other to survive but it is an uncomfortable union because the two are very divergent in views,” he said after opening the 2003 National Conference on Internal Auditing held at Mandarin Oriental here yesterday. 

KeADILan, with a combined membership of 205,000, is using the tagline “Generating New Politics” as its promise to the people. 

THANK YOU: Muhyiddin (left) receiving a token gift from Malaysia Institute of Internal Auditors president Abdul Razak Haron after the opening of the conference in Kuala Lumpur Monday.

Its pro tem deputy president Dr Syed Husin Ali had said on Sunday that there was a need to erase all negative elements of old political culture – including narrow religious and ethnic attitude, conservative values on women, and feudal and colonial mindset – to replace it with “new politics”. 

Muhyiddin described the tagline as a new format with the same old story and called it a ploy to attract attention for the next general election. 

“The electorates will not be easily deceived. The fact is support for the two parties has diminished and before they go down, they have to come up with this,” he claimed. 

He said Umno, on the other hand, was in full swing to face the election and had oiled its election mechanism through a dry run, a preparation that would also be put in place in by Barisan Nasional. 

Muhyiddin, who is Domestic Trade and Consumer Affairs Minister, had earlier delivered a keynote address at the conference and told some 500 delegates of the improved economic environment that allowed more companies to flourish. 

He said more than 3,000 new companies were registered per month, reflecting an improved sentiment on the nation’s economic growth. But he added that the standard of corporate governance must be raised to sustain the confidence of both local and foreign investors. 

In view of that, he said the Government had embarked on a massive exercise to review the Companies Act to pave the way for simplifying the incorporation process, facilitating capital raising and reducing compliance costs. 

Later at a press conference, Muhyiddin reiterated that the ceiling price for CDs and VCDs, which had been placed under the controlled items list, would be announced this month.  

He said experts’ views were being considered to come up with a price structure that would cover a wide range of discs under different classifications.  

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