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(Co-authored with Din Merican)

On reading Asli report, Corporate Equity Distribution: Past Trends and Future Policy , we are struck by the familiar refrain of its findings and conclusions. We too have frequently expressed them in the past.

While our commentaries hardly caused ripples, Asli was forced to withdraw the study. One reason to the different reaction could be that nobody reads our writings. Our egos however dissuade us from accepting such a pat explanation.

Judging from the ensuing shrill and polarizing comments, we reach another conclusion, one more sobering and discomfiting. That is, as Malays we can critique the NEP with relative impunity; non-Malays do so at their peril.

An equally distressing observation is that the report's lead author is now a cause celebre in the Chinese community. You guessed it; he is a Chinese! Likewise, Malay politicians and academics who condemned the report portray themselves as latter-day Hang Tuahs.

A few even dismiss it as rubbish or attribute sinister motives to its author. Such despicable performances from our senior politicians reflect the sorry state of the nation's leadership.


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