What is the alleged motive behind the attacks on The Edge owner and critics of 1MDB?

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Alleged Motive Linked to 1MDB Criticism and Blogger's Association

The alleged motive behind the attacks on The Edge owner, Datuk Tong Kooi Ong, and other critics of 1Malaysia Development Bhd (1MDB) is to retaliate against their public stance and media coverage critical of the state investment arm. The Edge newspaper has identified a blogger, known by the username “ahrily90,” as the source of these allegations, suggesting a campaign orchestrated to discredit individuals and entities that have voiced opposition to 1MDB.
Blogger Identified as Source of Allegations

The business newspaper, The Edge, has specifically named the blogger “ahrily90” as the individual behind the allegations against its owner, Datuk Tong Kooi Ong. The newspaper asserts that this same blogger was also responsible for anonymous online attacks targeting former prime minister Tun Dr Mahathir Mohamad and CIMB chairman Datuk Seri Nazir Razak. Both Dr Mahathir Mohamad and Datuk Seri Nazir Razak are identified in the reporting as prominent critics of 1MDB, suggesting a pattern of targeting those who speak out against the state fund.
Connection to Jho Low and 1MDB

Further investigation by The Edge suggests a link between the blogger “ahrily90” and businessman Jho Low. This connection is reportedly made through other blogs that allegedly published favourable content regarding Low's philanthropic activities. The newspaper also draws a connection between Jho Low and 1MDB by referencing his prior involvement with the Terengganu Investment Authority, the precursor to the state investment arm. This inferred association implies that the attacks might be an attempt to silence critics of 1MDB and its associated figures.
Allegations Against The Edge Owner

Datuk Tong Kooi Ong, the proprietor of The Edge Media Group, was specifically targeted with claims of speculating against the Malaysian ringgit. The allegations, amplified through these blogs, stated that Tong had initiated a US$1.4 billion short position against the currency. The narrative presented was that Tong sought to profit from a devaluation of the ringgit, thereby harming the nation’s economic interests. This narrative draws parallels to historical instances of currency speculation, such as George Soros's actions during the 1997 Asian Financial Crisis.
Denial and Legal Action

In response to these accusations, Datuk Tong Kooi Ong has categorically denied any involvement in speculating against the ringgit. He has publicly pledged to pursue legal action against those who have accused him of engaging in "economic sabotage." This stance underscores his rejection of the claims and signals his intent to defend his reputation against what he perceives as baseless attacks.

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What is the alleged motive behind the attacks on The Edge owner and critics of 1MDB?

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