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Thursday, September 02, 2004

CNN.com - Anwar's rise and fall

CNN.com - Anwar's rise and fall

The news of former Deputy Prime Minister, Anwar Ibrahim’s release yesterday, not only shocked Malaysia but also the world. Everyone who remembers the Mahathir-Anwar conflict are surprised with the decision made by the federal court about the appeal made by Anwar’s lawyers.

When the market opened yesterday, the composite index went down by 5 points. 2 hours after the federal court’s decision, the composite index went up by 20 points. Telekom shares opened at RM 10.80. After the decision, it went up to it’s highest value, which was at RM11.40. That’s a 60 cents increase in just a few hours. Truly, Anwar doesn’t affect emotional feelings only but also social, political and economical factors also.

It’s a long time more till the next General Elections. Anwar still has some time before he enters the political arena again. I have a feeling that Anwar will enter UMNO again. The only reason he went up against UMNO was because of Mahathir. Without Mahathir, there’s no reason he needs to keep a grudge with UMNO.

Pak Lah needs someone like Anwar beside him. It is known that Pak Lah ‘s political and business influence is not as big and influential as Najib’s influence. With someone like Anwar by his side, Pak Lah can counter future threats that Najib might make against him.

It’s now a watching game for all the Malaysian people. We all have to wait and see what happens next. Hopefully, something good will come out of this “drama”.