Sunday , April 5 2020

Fresh out of power, Mahathir plots Malaysia comeback

Bloomberg

Mahathir Mohamad may be at least temporarily out of power, but the 94-year-old leader isn’t going down without a fight.
Mahathir’s abrupt resignation kicked off a week of horse-trading that saw his fortunes rise and fall by the hour. He said he had the numbers to form a government, but by late afternoon the king appointed Muhyiddin Yassin — until recently Mahathir’s right-hand man — as prime minister.
Mahathir said he has secured the backing of 114 lawmakers — enough for a majority in Malaysia’s 222-member parliament — and reiterated the figure at a press conference on Sunday. But some that he named denied they are backing him.
No matter how things shake out, it’s a safe bet Mahathir isn’t going anywhere.
While he’s ruled Malaysia for nearly a quarter century over two stints, he was perhaps just as active politically when he was retired as he was inside the prime minister’s office — including helping take down former prime minister Najib Razak in 2018.
Already, he is planning a urgent parliament sitting to show that he has the majority support among lawmakers. At the Sunday press conference, he repeatedly blamed Muhyiddin for plotting and orchestrating the events of the past week, and said he felt “betrayed” mostly by him.
“He is not the right prime minister,” Mahathir said of Muhyiddin. “I should have won.” Muhyiddin hasn’t responded publicly to Mahathir’s comments.
“The game is not over yet,” said James Chin, a Malaysian academic and a political analyst who heads the Asia Institute at the University of Tasmania. “It’s too early to write him off. Mahathir being Mahathir, I doubt he would leave Muhyiddin and Najib with the last laugh.”
Born in 1925 when the Malay Pensinsula was still ruled by Britain, Mahathir studied medicine and became a physician. He became politically active after Japan occupied what is now Malaysia during World War II, and became prime minister for the first time in 1981 at the age of 56 — helming the long-ruling coalition anchored by the United Malays National Organisation (UMNO).
During his first 22 years in office, Mahathir worked hard to put Malaysia on the world map. He had an affinity for ambitious projects such as the world’s tallest office building, one of
the world’s largest dams, and Southeast Asia’s largest airport.
Mahathir’s approach during the Asian Financial Crisis
also stood out. In 1997, the Malaysian ringgit plummeted 35 percent, reserves dwindled and the stock market crashed and lost half its value.
While other countries such as Thailand scrapped a dollar peg with its currency, Malaysia adopted one in late 1998. Mahathir’s heavy-handed approach worked: Malaysia recovered from the crisis to establish itself as a commodities juggernaut.
The episode also marked his falling out with Anwar Ibrahim, who had served as his deputy in the late 1990s during the Asian financial crisis. After Mahathir fired Anwar in 1998, Anwar spent the next six years in prison on convictions for abuse of power. It became a key example for critics who referred to him as a dictator.
Once he left office in 2003, Mahathir never really stopped trying to pull the strings. He orchestrated a campaign to push out his immediate successor, Abdullah Ahmad Badawi, and backed Najib. He subsequently became disillusioned with Najib, particularly over a money laundering scandal.
Mahathir left UMNO in 2016, started a new party with Muhyiddin and aligned with Anwar to pull off a shocking election victory that ousted Najib and Barisan Nasional, the coalition he once led that ruled Malaysia since independence. In power for a second time, Mahathir implemented some reforms, including appointing the country’s first female chief justice and lifting bans on previously blacklisted journalists.
Still, Mahathir didn’t want to commit to a timeline to hand over power to Anwar as promised during the election campaign. The persistent delays in setting an exact date boosted tensions that led to the coalition’s collapse.
When Mahathir resigned and was appointed interim leader, it initially appeared like he would return with a strengthened hand. But a series of missteps quickly diminished his support.

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