Archive for July 25th, 2016
Thanks to Najib, Malaysia has overnight become a kleptocracy and one of the most globally corrupt nations!
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Monday, 25 July 2016
Malaysia has scaled a new global height in the past four days.
Thanks to Prime Minister, Datuk Seri Najib Razak, Malaysia has achieved a new status, becoming overnight a kleptocracy and one of the most globally corrupt nations when the United States Department of Justice (DOJ) filed proceedings under the US Kleptocracy Assets Recovery Initiative 2010 (KARI) to seize and confiscate over US$1 billion of assets in the United States which had been stolen, embezzled or defrauded from the people of Malaysia through the national sovereign wealth fund, 1MDB.
“Kleptocracy” has been defined as rule by a thief or thieves.
When did Malaysians ever aspire the nation to become a “kleptocracy”? Read the rest of this entry »