Thursday, September 18, 2008


SEPT 17 Mid-2010 is the finish line but the transfer of power from Prime Minister Datuk Seri Abdullah Ahmad Badawi to his deputy Datuk Seri Najib Tun Razak kicked in today.

By handing over the powerful finance portfolio to Najib, Abdullah was making good on a promise to flesh out his transition plan and give the DPM more important responsibilities to prepare him for the top job in the country.

It was also a concession:

- To someone who has stuck by him through a tumultuous six months since the debacle of Election 2008, when calls for him to step down as president of Umno and the PM have grown louder and more bellicose. And whose support he still needs to fend off the challenge of Tengku Razaleigh Hamzah, Tun Dr Mahathir Mohamad and Tan Sri Muhyiddin Yassin;

- To concerns among investors and the public that someone new was needed at the helm of the finance ministry to inject confidence in the handling of the economy.

The Malaysian Insider understands that the ministry swap - Najib going to finance and Abdullah taking over defence - was discussed during three meetings in recent days between both men.


No comments: