MALAYSIA: Former Minister in the Madani cabinet, Nik Nazmi Nik Ahmad, has criticised the authorities in a video posted on his Facebook page, saying outright that an investigation against his colleague, ex-Minister Rafizi Ramli, reeks of political conspiracy.

Both Nik Nazmi and Rafizi hail from Parti Keadilan Rakyat (PKR), the party of Anwar Ibrahim, but since their resignations last year, they have been openly critical of the Madani government.

Rafizi is currently undergoing a grilling at the Malaysian Anti-Corruption Agency (MACC) and is bound to go for another grilling for the third consecutive day on May 6.

Rafizi has a strong following in PKR, with several MPs constantly showing him support in his criticism of the Madani government.

Rafizi is being investigated regarding a RM1.1 billion (S$352 million) semiconductor investment deal between the Ministry of Economy and the UK-based firm Arm Holdings. Rafizi was the Minister of Economy when the deal was sealed.

According to reports, the investigations are about alleged abuse of power and misappropriation, which is the misuse of an official position for gratification.

Another aspect of the investigation is about procedural misconduct, to which some NGOs have alleged the deal was rushed and “one-sided”, with the potential of financial implications for the government.

The NGOs also accused Rafizi of pressuring the Cabinet to expedite approval of the deal, while they also raised the issue of conflict of interest with allegations that a certain individual, who was also interrogated by the MACC and is a former Rafizi aide, was appointed to positions in the foreign company after leaving government service. Rafizi has denied all the accusations.

Hence, in the video, the Member of Parliament (MP) said: “Malaysia’s involvement in leading the semiconductor sector is a good effort to elevate the nation’s reputation as an innovation leader.

“Unfortunately, this effort has been misused by the Government to bring down certain names.”

Nik Nazmi asks whether the Arm Holdings case is really a bribery case or is it a political machination?

The deal involves an agreement of more than RM1.1 billion between the Malaysian government and the international company.

“The purpose is clear: to build a semiconductor industry in the country,” the ex-minister said.

He also said the decision to go forward with the project was passed by the Cabinet, involving all the Min...