Archive for February, 2016
What would have happened to me if I had RM2.6 billion in my bank account deposited from foreign sources?
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Monday, 1 February 2016
The Attorney-General Tan Sri Mohamad Apandi Ali has rejected the investigations and recommendations of the Malaysian Anti-Corruption Commission (MACC) and exonerated Prime Minister, Datuk Seri Najib Razak of any wrongdoing or crime in the RM2.6 billion donation and RM42 million SRC International scandals, deciding that no charges would be brought against Najib and even instructing MACC to close all investigations on the matters with regard to Najib.
The immediate reaction of shock and outrage by the MACC special operations director Bahri Mohd Zin to the Attorney-General’s decisions and his comment that the MACC would “most likely” to appeal against the AG decision as the cases were so “straightforward” was a mere understatement considering the firestorm the AG’s decision sparked both inside the country and world-wide.
For the past six days, Malaysia was the “bad boy” of the international media, flayed as a country where the Rule of Law is treated as a joke because of the AG’s decision – a sober reminder to the Najib government that Malaysia operates in an open international society and borderless world where everyone of its decisions and actions must be able to stand up to international scrutiny.
Deputy Prime Minister Datuk Seri Zahid Hamid did his image as the No. 2 in the country no favours when he tried to stop the conflagration of the the firestorm over the Attorney-General’s decision when he said a few hours after the AG’s announcement that “no one should question the competence or independence of Malaysia’s institutions or our legal process” – for Zahid was acting like Canute trying to stop the tide.
What would have happened to me if I had RM2.6 billion in my bank account deposited from foreign sources? Read the rest of this entry »
Swiss wreck efforts by Malaysia to contain 1MDB scandal
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Monday, 1 February 2016
Michael Peel in Bangkok and Jeevan Vasagar in Singapore
Financial Times
January 31, 2016
Malaysia’s leaders are battling the most severe international pressure yet over alleged large-scale corruption after Switzerland torpedoed efforts to contain the growing scandal around the 1MDB investment fund.
Kuala Lumpur’s attempts to play down an affair that has rocked the country and embroiled Najib Razak, the prime minister, have been derailed by a Swiss criminal investigation that said on Friday it found “serious indications“ that about $4bn was misappropriated. Read the rest of this entry »
Najib is notching up a great shame and infamy for Malaysia when we are overtaken by China and even Indonesia in both TI CPI ranking and score within a decade
Posted by Kit in Corruption, Financial Scandals, Najib Razak, Parliament on Monday, 1 February 2016
Durian Tunggal is in the Alor Gajah parliamentary seat, which is the fourth parliamentary constituency I am visiting Malacca today and the 79th parliamentary constituency I am visiting since my six-month suspension from Parliament on Oct. 22. The other parliamentary constituencies I visited today are Masjid Tanah, Tangga Batu and Bukit Katil.
I have been suspended from Parliament not because I had committed any crime or wrongdoing like theft, robbery, murder or corruption, but because I wanted the Prime Minister Datuk Seri Najib Razak to give full and satisfactory accountability for the world-class RM2.6 billion “donation” and RM55 billion 1MDB twin mega scandals.
It is because of the refusal of the Najib administration to live up to the principles and precepts of accountability, integrity and good governance that Malaysia had been named third in the world’s “worst corruption scandals in 2015” by the Foreign Policy website and the reason why Malaysia fell four places in the latest Transparency International (TI) 2015 Corruption Perception Index (CPI) ranking released on Wednesday compared to the previous year – now ranked No. 54 with a CPI score of 50/100.
Malaysia was ranked 50th among 175 countries in 2014 but dropped to 54th among 168 countries in 2015.
Malaysia’s ranking in the TI CPI 2015 could have been lower, as five countries, Bahamas, Barbados, Dominica, Puerto Rico and St Vincent – which had been ranked higher than Malaysia – were excluded due to technical reasons like not meeting three minimum secondary sources for research.
In the TI CPI 2004, Bahamas was ranked No. 24, Barbados No. 17, Dominica No. 39, Puerto Rico No. 31 and St Vincent No. 29.
If these five countries which rank higher than Malaysia had been included, Malaysia’s ranking in 2015 would be between 59 to 60 instead of 54.
Furthermore, if the TI CPI 2015 ranking had taken into consideration the shocking announcement by the Attorney-General, Tan Sri Mohamad Apandi Ali rejecting the recommendations of the Malaysian Anti-Corruption Commission (MACC) and exonerating Najib from any wrongdoing or crime for the RM2.6 billion donation scandal, Malaysia would have fallen to an even lower ranking in the TI CPI, probably Malaysia’s lowest ranking in TI CPI history since 1995 and be consigned to between No. 65 – 70 in the TI CPI ranking!
This why I had demanded for full accountability in Parliament for Najib’s world-class twin mega scandals, but instead I have been suspended for six months from Parliament. Read the rest of this entry »
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