April 15, 2008	Tuesday	Rabi-us-Sani 8, 1429

KUALA LUMPUR: Malaysia’s premier may have thought he had bought some time to remain in power by putting off his party elections until December.

But a growing revolt within his United Malays National Organisation following last month’s poll disaster has fed speculation that Abdullah Ahmad Badawi may be forced to throw in the towel sooner rather than later.

Some UMNO leaders have told him to immediately unveil a succession plan, ignoring his protestations that he would not leave without a fight.

The chorus of calls for Abdullah’s resignation suggested he would not remain as prime minister for more than a few months, a western diplomat said.

“If he goes, he goes early,” said James Chin, a political scientist at Monash University’s Malaysia campus.

“I suspect he will go this year. Everywhere he goes, the delegates are telling him to reconsider his position and prepare for a smooth transition of power.”

For the first time in 40 years, the opposition denied Abdullah’s ruling Barisan Nasional coalition a two thirds parliamentary majority and seized control of five states in the election, spelling trouble for Abdullah’s future leadership.

There are many reasons why many within and outside UMNO are reluctant to wait a few more months.

A protracted leadership tussle and a deep split in UMNO the bulwark of the coalition would heighten Malaysia’s political risks, hamper policy-making and further delay moves to reform the fuel subsidy system that is draining national finances.

The main stock index has fallen by nearly five per cent since the March 8 polls, with the nation’s largest listed firm, Sime Darby losing nearly 20 per cent, on political worries.

Following the election, Abdullah has been snubbed twice by the country’s largely ceremonial Malay sultans. His slimmer, new-look cabinet has yet to make any impact and his popularity rating has slumped to a record low.

The $200 billion-economy, Southeast Asia’s third largest, is starting to cool following a fallout from the US slowdown while rising food prices could spark widespread anger.

“From the policy front, it is also doubtful that the government can remove the food and energy subsidies as originally envisioned,” HSBC said in a report released late last month.

“It is likely that the government’s finances will slip further as it runs bigger deficits to maintain the economic expansion.”

RED CARPET: Another push-factor for Abdullah, 68, is opposition leader Anwar Ibrahim. Anwar’s political comeback could pose a big headache for Abdullah and his coalition, already facing a more independent-minded parliament and closer scrutiny by the country’s constitutional monarch.

From April 15, Anwar will be allowed to run for office again when a five-year ban, imposed following an earlier conviction for corruption, expires.

Anwar, 60, said last week he would not immediately run in a by-election but would help strengthen the opposition People’s Alliance, which snared 82 parliamentary seats and controls five of Malaysia’s 13 states.

Some UMNO grassroots’ leaders have warned that UMNO must take Anwar’s challenge seriously. It would need just 30 Barisan MPs to defect and cause the government to fall.—Reuters