Najib's 28-year-old son stirs up a tsunami in the stock market

Shares in once-ailing timber firm, Harvest Court Industries Bhd, rose to a nine-year high Mohd Nazifuddin Najib, the 28-year-old son of Prime Minister Najib Razak, emerged as a shareholder in the company.

The stock jumped 30.5 sen to RM1.18 on Tuesday, while the warrants rose by 30 sen a piece to close at RM1.05. The PN17 status slapped on Harvest since December 2009 was finally lifted the end of October, 2011.

"Market thrives on speculation and it is no harm for retailers to take a punt or two but be very careful, especially when it comes to PN17 or ailing firms revived solely by political interest," a research director at a large brokerage told Malaysia Chronicle.

"Scomi shares had also jumped miraculously when Abdullah Badawi was taking over from Mahathir Mohamad. But there are no such things as guaranteed profits. Cronies and the families of the political leaders should actually refrain from using their status to drive up speculative interest in their stock. This is not bad practice."

Altantuya: Bourdon's visit stirs up interest on how death-row duo faring

Prime Minister Najib Razak's deportation of lawyer William Bourdon has indeed strirred all sorts of speculation. Among the hottest is whether two of his former bodyguards, Azilah Hadri and Sirul Umar, sentenced to hang for the murder of Altantuya Shaariibuu, a translator who was allegedly part of the Scorpene submarines negotiations, were really in jail or had already been freed!

Like it or not, many Malaysians see Najib's decision to deport Bourdon as an abuse of power to stop the skeletons in his closet from being aired and exposed to the wolrd at large.

Many of the people Malaysia Chronicle interviewed also said that a person is innocent until proven guilty, and since Najib is enjoying this privilege, he should extend the same to Bourdon, who was here on legitimate and serious business,

A renowned civil rights activist, Bourdon was deported from Kuala Lumpur for violating the conditions of his social visit pass. The unceremonious way in which he was booted out from the country has a reverse effect on Najib, triggering even greater interest about his involvement in the Scopene and Altantuya scandals.

Altantuya: Bourdon's visit stirs up interest on how death-row duo faring

Prime Minister Najib Razak's deportation of lawyer William Bourdon has indeed strirred all sorts of speculation. Among the hottest is whether two of his former bodyguards, Azilah Hadri and Sirul Umar, sentenced to hang for the murder of Altantuya Shaariibuu, a translator who was allegedly part of the Scorpene submarines negotiations, were really in jail or had already been freed!

Like it or not, many Malaysians see Najib's decision to deport Bourdon as an abuse of power to stop the skeletons in his closet from being aired and exposed to the wolrd at large.

Many of the people Malaysia Chronicle interviewed also said that a person is innocent until proven guilty, and since Najib is enjoying this privilege, he should extend the same to Bourdon, who was here on legitimate and serious business,