Archive for July 30th, 2016

Najib should not take Malaysians for fools or simpletons in declaring that 1MDB not directly involved in DOJ law suits as without 1MDB there would be no DOJ legal action for forfeiture of over US$1 billion MDB-linked assets in United States

I am most shocked that the Prime Minister, Datuk Seri Najib Razak had said after the UMNO Supreme Council meeting this evening that 1MDB is not directly involved in the US Department of Justice (DOJ) report, which is probably a a justification for no government or official response to the DOJ legal suits for forfeiture of over US$1 billion assets in United States which the American authorities alleged had been stolen, misappropriated, defrauded or diverted from 1MDB as a result of global embezzlement, money-laundering and corruption crimes.

Najib said the DPJ civil suits did not contain any information or views from the Malaysian government, Attorney-General’s Chambers or 1MDB itself.
He added that “only those specifically named in the report are mentioned in the report” and that 1MDB is not directly involved in the report.
Najib cannot be more wrong.

Najib should not take Malaysians for fools or simpletons in declaring that 1MDB is not directly involved in DOJ law suits as without 1MDB there would be no DOJ legal action for forfeiture of over US$1 billion MDB-linked assets in United States.

In fact, without 1MDB, the DOJ 136-page legal suits would have no legs to stand on and would immediately collapse.

“1MDB” is strewn all over the 136-page report, and in the first 20 pages, there are over 130 references.

How then can Najib say that 1MDB is not directly involved in the DOJ report? Read the rest of this entry »

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