What has Najib or PMO got to say on WSJ’s correction to say that the US$3 billion bond fund raised by Goldman Sachs went to BSI Bank in Switzerland and not Singapore, and part of it eventually landed in Najib’s personal bank accounts?


What has the Prime Minister, Datuk Seri Najib Raak or the Prime Minister’s Office got to say on Wall Street Journal’s correction to say that the US$3 billion bond fund raised by Goldman Sachs went to BSI Bank in Switzerland and not Singapore, and part of it eventually landed in Najib’s personal bank accounts?

The Wall Street Journal (WSJ) has issued a correction, stating that the US$3 billion bond fund Goldman Sachs raised for 1MDB went to BSI Bank in Switzerland and not Singapore as initially reported.

In its correction, WSJ said its article earlier had “incorrectly stated the money was sent to 1MDB’s account at the private bank’s Singapore branch”.

The WSJ stood by the allegation that part of the US$3 billion sent to Switzerland (and not Singapore) ended up in offshore accounts that eventually landed in Prime Minister Najib Abdul Razak’s personal bank accounts.

The Prime Minister’s aide Tengku Shariffuddin Tengku Ahmad was quite gung-ho on Wednesday when he responded immediately after the Monetary Authority of Singapore’s denial that 1MDB’s bond funds were tranferred into banks in the city state, but why has the Prime Minister’s huge entourage of special aides and assistants been so conspicuously silent about the WSJ correction?

The WSJ stood by the allegation that part of the US$3 billion sent to Switzerland (and not Singapore) ended up in offshore accounts that eventually landed in Prime Minister Najib Abdul Razak’s personal bank accounts.

It was the WSJ which in July last year revealed that US$681 million (then RM2.6 billion) entered Najib’s personal bank accounts from an offshore entity called Tanore Finance – which had been proved right and true.

Since then, Australia-based ABC News in March this year revealed that the total sum entering Najib’s personal bank accounts from multiple sources totalled not just US$681 million (then RM2.6 billion) but amounted to over US$1 billion (RM4.2 billion).

Najib had first denied the WSJ allegation of RM2.6 billion deposited into his private banking accounts but subsequently admitted the RM2.6 billion were deposited into his personal bank accounts, but they were never for his own benefit.

But Najib or the PMO had as yet to comment whether a total of RM4.2 billion had been deposited into his personal banking account.

The Australian Broadcasting Corporation’s 45-minute Four Corners’ documentary “State of Fear: Murder and Money in Malaysia” in March helped many Malaysians to realize that there were actually three separate tranches of deposits into Najib’s personal banking accounts at AmBank, pre the RM2.6 billion donations, the RM2.6 billion donations itself and post-RM2.6 billion donations, viz:

(i) some US$300 million from 2011 to March 2013;

(ii) two transactions in March 2013 totalling US$681 (the often-reported RM2.6 billion political donation) – bringing the total deposited into Najib’s accounts to US$1.03 billion (RM4.14 billion) by April 10, 2013, just over a month prior to the 13th General Election; and

(iii) deposits of £50 million (RM285 million) as well as “a series of cash deposits” in June 2014 and after.

Can Malaysians expect the Prime Minister to come fair and sincere about the twin mega financial scandals, whether the total amounts deposited into his personal banking accounts totalled Rm4.2 BILLION, and most important of all, have an audit of the persons who had benefited from the RM4.2 billion “donation” scandal, the banks which had the deposit of the RM4.2 billion 1MDB ill-gotten gains as well as the RM55 billion !MDB scandal.

Lim Kit Siang

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  1. #1 by Bigjoe on Friday, 10 June 2016 - 7:32 pm

    When I read the headline Najib telling Kuala Kangsar voters not to be fooled again, I was shocked because my first thought was it was his confession. But obviously it was a peacock clown doing his act. Peacock clowns cannot change their ridiculousness

  2. #2 by good coolie on Sunday, 12 June 2016 - 11:03 pm

    All the money going into N’s private bank account probably came from some one or other of the Sheiks of Arabia as donations and N has sent back every sen exept RM2.50 (Dua Ringgit Lima-puluh sen). You Malaysians are a doubtful lot, mind you! I am a patriotic person: I will trust only Najib and his right hand, Azalina.

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