Why did we never learn after Perwaja and forex losses?

COMMENT Johari Abdul Ghani made a dangerous remark when he likened the 1Malaysia Development Berhad (1MDB) to the controversial Perwaja Steel and Bank Negara’s forex losses of RM30 billion.

Every time there is a failure in a government-linked business venture, the culprits get away with the money, but the country’s coffers end up being used for the bailout, often in the billions of ringgit. This is not the way that a finance minister should manage the taxpayers’ money.

This is what is troubling me when Johari said: “Well, basically I can’t give you an assurance. At the end of the day, we will try our best to resolve it without touching anything from the government.”