Archive for December, 2016
Iskandar Development Region (IDR) Growth Area and the Delimitation Process
The Iskandar Development Region (IDR), which encompasses at least 6 parliament seats, has seen significant development over the past 5 years with new residential, industrial and commercial areas sprouting up.
As a result, the number of voters in these 6 parliament seats have also increased significantly. According to the latest delimitation exercise, all of the seats in the IDR have at least 95,000 voters with P162 Gelang Patah topping the table at 112,081 voters as of Quarter 1 2016 (See Table 1 below). Read the rest of this entry »
Cabinet should devote its last meeting of the year on 28th Dec to review how Malaysian nation-building took a wrong turn when Ministers strayed away from Rukunegara principles and objectives, resulting in the 1MDB scandal, Malaysia becoming a global kleptocracy and Najib’s very “ethnic nationalistic” speech as UMNO President
Posted by Kit in Corruption, Financial Scandals, Najib Razak, nation building, UMNO on Monday, 26 December 2016
We are now in the last week of the year 2016.
Its time for reflection and introspection – not so much as to what went right but what went wrong in our nation as 2016 is an even worse annus horribilis for Malaysia than 2015.
A year ago, the Prime Minister Datuk Seri Najib Razak in his 2016 New Year message, told Malaysians that his RM50 billion 1MDB and RM2.6 billion donation twin mega scandals had been resolved and were no more issues.
Najib could not be more wrong as Malaysia’s international repute and standing suffered an even worse battering this year with the ferocious pounding of the twin mega scandals in the international marketplace of opinion, to the extent that Malaysians felt embarrassed in admitting that they were Malaysians when abroad.
Malaysia was cited for the third “worst corruption scandal of 2015” by international website foreignpolicy.com in the last week of last year, but we went on to accumulate more dishonours this year – like TIME magazine’s ranking in March as second worst example of global corruption, Economist’s ranking in May as second in its index of crony capitalism and in July, the US Department of Justice (DOJ)’s largest kleptocratic lawsuits to forfeit US$1 billion of 1MDB-linked assets in the United States, United Kingdom and Switzerland from US3.5 billion international 1MDB kleptocratic embezzlement and money-laundering scandal.
These were not the only woes for the country for this year – as the country is going through th worst crisis of confidence as evidenced by the worst plummeting in the value of the Malaysian ringgit and the worst racial and religious polarisation in the nation’s history.
What went wrong and how can we put the country right again, so that Malaysians can hold their heads high, whether at home or abroad? Read the rest of this entry »
Final tranche of questions for Salleh after the Communications and Multimedia Minister admitted he is unable to answer the 35 questions directed at him
Posted by Kit in Corruption, Education, Financial Scandals, Islam, Najib Razak, Religion on Sunday, 25 December 2016
This is the final tranche of five questions for the Minister for Communications and Multimedia, Datuk Seri Salleh Said Keruak as he had admitted he is unable to answer the 35 questions directed at him in the past seven days.
This means however that Salleh is unable to reinstate his right to ask questions and to demand answers from others – having doubly forfeited such right when firstly, as Minister responsible for the portfolio of information, he failed to answer numerous questions about government scandals and failings; and secondly, failing to acquit himself when given a second chance to redeem himself when I put 35 questions to him.
Out of the 34 questions I have put to Salleh, 14 were about the international multi-billion dollar 1MDB kleptocratic money-laundering scandal and Malaysia’s international infamy and ignominy of having ascended to the exclusive club of “global kleptocracy”; three questions about Malaysia’s second international infamy and ignominy for being excluded from the Programme for International Student Assessment (PISA) 2015, regarded as the world’s school report, for data and sample bungling; four questions on the perfidy in UMNO and Barisan Nasional over Datuk Seri Abdul Hadi Awang’s private member’s bill to amend the Syariah Courts (Criminal Jurisdiction) Act (Act 355); three questions about the abuses of power and repression against critics and the civil society and seven questions about UMNO’s exploitation of the extremist politics of race, religion, “Big Lies” and hatred to hang on to power in the forthcoming 14th General Election.
It speaks volumes that Salleh is unable to answer any of these important national questions. Read the rest of this entry »
1MDB a big test for Singapore’s private banking
Posted by Kit in Financial Scandals on Sunday, 25 December 2016
Straits Times Singapore
DEC 23, 2016
1MDB is the scandal that keeps on taking.
Having crippled institutional and political trust in Malaysia, brought down senior figures across the Middle East and triggered intensive investigations from Switzerland to the US, it has now given Singapore’s private banking industry its greatest test in a generation.
On Oct 11, the Monetary Authority of Singapore (MAS) threw Falcon Bank out of the country – the second bank to be closed down over 1MDB connections, after BSI in May. It fined DBS $1 million and UBS $1.3 million for breaches of anti-money-laundering requirements and control lapses. Standard Chartered Singapore was fined $5.2 million and Coutts Singapore $2.4 million.
Insiders say that the level of scrutiny private banks in Singapore receive from MAS, already high, is escalating, and that this is far more relevant than the fines. Read the rest of this entry »
Call on Malaysians to return to the Rukunegara principles to unite as a people, regardless of race and religion, to fulfill Malaysia’s dream of greatness
Posted by Kit in nation building, Religion on Sunday, 25 December 2016
I wish all Christians in Malaysia Merry Christmas.
Although I am not a Christian, I have been wishing Christians “Merry Christmas” for over six decades from my student days in Batu Pahat High School, just as I have wished “Selamat Hari Raya” to Muslims and “Happy Deepavali” to Hindus in Malaysia.
Was I wrong and had I any intention to subvert the faith of the Christians, Muslims or Hindus to their religions in making such felicitations to them on their festive days?
Of course not. Such an idea was unthinkable and even anathema, as it never entered into my remotest thoughts to subvert the faith of Christians, Muslims or Hindus by wishing them felicitations on the occasion of their religion’s holy days.
This is why I read with joy and appreciation the latest writing of the Johore Sultanah who said that “Going to church did not make me less of a Muslim when I was a young girl, and neither does saying ‘Merry Christmas’ make me less of a Muslim now”. Read the rest of this entry »
Best way to honour former Court of Appeal judge N.H. Chan is to fully restore the rule of law and a truly independent judiciary
This morning, accompanied by the DAP Perak Chairman Nga Kor Ming (MP for Taiping/Assemblyman for Kepayang) and DAP Perak Secretary, Wong Kah Woh (Perak State Assemblyman for Canning), I paid my last respects to a towering Malaysian and a great judge, former Court of Appeal judge, Datuk N.H. Chan.
Yesterday, I had made reference to Chan’s death when I said in my media statement:
“Yesterday, the country lost a great judge with the passing of former Court of Appeal judge, Datuk N. H. Chan, 81, in Ipoh. He will be remembered for his courageous judgement in the Ayer Molek case, with the Shakespearean quote that “Something is rotten in the State of Denmark” as the judiciary was housed in a building called ‘Wisma Denmark’.
“It was an era of ‘judge shopping’ as alleged in the infamous Ayer Molek case. Lawyers, especially those involved in commercial cases, were found to have filed their cases in a manner which allowed them to manipulate their way to appear before their preferred judges.”
“N.H. Chan was a towering Malaysian.”
I suggested that as an appreciation of his contributions to nation-building, the Cabinet should decide on the retrospective bestowal by the Yang di Pertuan Agong of the honour of “Tan Sri” on former Justice N.H. Chan. Read the rest of this entry »
Seventh tranche of questions for Salleh from BN government’s Janus-faced attitude to Yeo’s conviction to Felda acquisition of PT Eagle High Plantations
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Saturday, 24 December 2016
My seventh tranche of questions for the Minister for Communications and Multimedia, Datuk Seri Salleh Said Keruak to help him reinstate his right to ask questions and demand answers from others, after forfeiting such right when as Minister responsible for the portfolio of information, he failed to answer numerous questions about government scandals and failings, are as follows:
Question 31:
Does Salleh agree that the Special Affairs Department (Jasa) statement today insisting that that ex-BSI banker Yeo Jiawei’s conviction in Singapore does not implicate 1MDB president Arul Kanda Kandasamy and Prime Minister Najib Abdul Razak in the 1MDB investigations is an open contradiction of the welcome voiced by the Finance Minister II Datuk Johari Abdul Gani that it was “good news” for Yeo’s conviction on witness-tampering charges in relation to Singapore’s investigations into the 1MDB money trail.
Can Salleh as the de facto Information Minister explain why the Barisan Nasional is developing a Janus-faced personality on international trials on 1MDB kleptocratic money-laundering scandal, on the one hand “welcoming” Yeo’s conviction and on the other, disclaiming that Yeo’s conviction has anything to do with the 1MDB scandal.
Can Salleh explain BN Government’s Janus-faced attitude, why the “welcome” statement by Johari and the dismissive statement by JASA? Read the rest of this entry »
Sixth tranche of questions for Salleh from 1MDB to Rukunegara, Vision 2020 and former Court of Appeal Judge N.H.Chan
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Friday, 23 December 2016
My sixth tranche of questions for the Minister for Communications and Multimedia, Datuk Seri Salleh Said Keruak to help him reinstate his right to ask questions and demand answers from others, after forfeiting such right when as Minister responsible for the portfolio of information, he failed to answer numerous questions about government scandals and failings, are as follows:
Question 26:
Yesterday, the Finance Minister II Datuk Johari Abdul Gani yesterday said it was “good news” for the conviction of the third former BSI Singapore banker Yeo Jiawei on witness-tampering charges in relation to Singapore’s investigations into the 1MDB money trail, which has resulted in Yeo’s 30 month prison sentence.
Yeo is to stand trial next year for another seven charges including money-laundering, cheating and forgery in the illicit movement of S$23.9 million (US$16.54 or RM74 million) of 1MDB-linked funds.
Is Johari’s “welcome” statement an indication that the Malaysian Government has woken up from its charade and realised that the Malaysian government cannot continue to pretend that the global 1MDB kleptocratic scandal is no problem at all in Malaysia when criminal investigations and prosecutions connected with 1MDB are taking place in some 10 countries?
If so, what is the government’s next step to restore national and international confidence in the Malaysian government by coming to grips with the international 1MBD money-laundering scandal? Read the rest of this entry »
1MDB Case Hangs Over Goldman Sachs as Investigators Dig for Answers
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Friday, 23 December 2016
By NATHANIEL POPPER and MATTHEW GOLDSTEIN
New York Times
DEC. 22, 2016
Even as Goldman Sachs is gaining a more prominent profile in the administration of Donald J. Trump, the Wall Street investment firm is undergoing scrutiny in an investigation in a sprawling international money laundering and embezzlement scheme.
Prosecutors have said that billions of dollars that Goldman raised for a Malaysian government investment fund — known as 1Malaysia Development Berhad, or 1MDB — were channeled into a web of personal bank accounts and was ultimately used to buy paintings, luxury real estate and investment stakes in movies like “The Wolf of Wall Street.”
Investigators are now questioning what Goldman knew about the final use of the money.
Goldman has said it believed the money was being used to buy legitimate assets for the investment fund, which was run in part by the Malaysian government and its embattled prime minister, Najib Razak. Read the rest of this entry »
2016 is ending as an even worse annus horribilis for Malaysia than 2015
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Friday, 23 December 2016
In a week’s time, 2016 is ending as an even worse annus horribilis for Malaysia than 2015.
Malaysians were shocked when at the end of last year, Malaysia was named among the world’s six “worst corruption scandals of 2015” by the international website, foreignpolicy.com, which is published daily online by the Slate Group, a division of Washington Post Company.
Malaysia was in the dishonourable third place, as the first two “worst corruption scandals of 2015” went to corruption in the world’s soccer industry involving FIFA (Federation Internationale de Football Association) and Nigeria. The fourth to sixth places went to Honduras and Guatemala, Ghanian judges and the UN General Assembly.
The infamous plaque of dishonour for Malaysia cited as follows:
“When U.S. President Barack Obama visited Malaysia in November, he had the pleasure of arriving in the middle of an awkward corruption scandal. Four months earlier, the Wall Street Journal reported that some $700 million of state funds had ended up in Malaysian Prime Minister Najib Razak’s personal bank account — which was not where they were supposed to go. That tied Razak directly to a probe into the 1Malaysia Development Berhad, a government-owned development company that was supposed to turn Kuala Lumpur into a thriving financial hub. Najib has disparaged the Journal’s reports as inaccurate, claiming instead that the money in his account came from personal donations. But the reports came after the fund had already fallen behind on its payment schedule. Obama claims he raised the question of corruption in a private meeting with Najib, but publicly said only that the government should aim to be ‘more accountable, more open, more transparent, to root out corruption’.”
Goldman Sachs Ties to Scandal-Plagued 1MDB Run Deep
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Friday, 23 December 2016
By JUSTIN BAER, TOM WRIGHT and KEN BROWN
Wall Street Journal
Dec. 22, 2016
Bank courted state fund now at heart of global embezzlement probes, and investigators want to know if it should have reported suspicious activity
On a yacht moored at Saint-Tropez, Malaysian Prime Minister Najib Razak talked business with Abu Dhabi’s crown prince. Included in the horseshoe of chairs set up for the July 2013 gathering was a partner from Goldman Sachs Group Inc.
The bank earned its place through years of cultivating Mr. Najib and a state investment fund he founded. Goldman had raised $6.5 billion for the fund and earned nearly $600 million in fees, making the Malaysian client among its most lucrative.
Mr. Najib lavished praise on Goldman, said people familiar with the meeting. “Do you see any other bankers on this boat?” one recalls him saying.
Today Mr. Najib and the state fund, 1Malaysia Development Bhd., or 1MDB, are at the center of what investigators consider one of the largest financial frauds in history. Investigators have said 1MDB was used by the prime minister as a political slush fund and by associates of his to buy more than $1 billion of real estate, art and other luxuries from London to Beverly Hills, Calif. Read the rest of this entry »
Fifth tranche of questions for Salleh from 1MDB, RUU 355 to PISA 2015
Posted by Kit in Corruption, Education on Thursday, 22 December 2016
My fifth tranche of questions for the Minister for Communications and Multimedia, Datuk Seri Salleh Said Keruak to help him reinstate his right to ask questions and demand answers from others, after forfeiting such right when as Minister responsible for the portfolio of information, he failed to answer numerous questions about government scandals and failings, are as follows:
Question 21:
Can Salleh explain why there was no post-Cabinet statement yesterday on the Cabinet position on Datuk Seri Abdul Hadi Awang’s private member’s bill to amend the Syariah Courts (Criminal Jurisdiction) Act (Act 355), especially after the joint admission by the Minister in the Prime Minister’s Department, Datuk Jamil Khir Bahrom and the Deputy International Trade and Industry Minister, Datuk Ahmad Maslan on Sunday that the UMNO leadership wanted to force the other 13 component parties to support Hadi’s private member’s bill by a government takeover of the bill in Parliament next March?
Did the Ministers from MCA, Gerakan, MIC, and the Sabah and Sarawak BN component parties just keep their silence in Cabinet yesterday when they should have spoken up after Jamil and Ahmad Maslan’s revelations? Read the rest of this entry »
As Najib has failed not only the nine strategic objectives of Vision 2020, but also Rukunegara and bedrock Constitutional principles, his Vision 2050 in NT 2050 cannot be anything exciting to shout about
Posted by Kit in Constitution, Corruption, Mahathir, Najib Razak on Thursday, 22 December 2016
Today is Dōngzhì (literally: “the arrival of winter”) or Winter Solstice Festival, where the Northern hemisphere has the shortest daytime and longest nighttime.
Traditionally for the Chinese, the Dongzhi Festival is a time for the family to get together for the making and eating of tangyuan (湯圓), which symbolizes reunion.
In four days times, Christians in Malaysia will celebrate Christmas.
Just over a week ago, Muslims in Malaysia celebrated Maulidur Rasul and at the end of October Hindus celebrated Deepavali.
This is the best time for Malaysians to reaffirm our uniqueness and strength, which lies in the diversity of our multi-racial, multi-lingual, multi-cultural and multi-religious society, especially as in recent years, the voices of extremism and intolerance of the diverse races, languages, cultures and religions in Malaysia seem to be gaining traction, causing Malaysians to suffer the worst racial and religious polarisation in the nation’s history.
Malaysians should go back to the founding principles of our Constitution and nation-building process if we want to break away from the present trajectory towards a failed and rogue state – the building of a united, harmonious, democratic, secular, progressive and liberal Malaysia.
The first and third Prime Ministers of Malaysia, Tunku Abdul Rahman and Tun Hussein Onn, were particularly concerned that Malaysia should not waver from our founding principle to be a secular nation with Islam as the official religion and freedom of religion in the country; while the second Prime Minister, Tun Razak (Najib’s father) wanted to highlight Malaysia’s commitment to be a liberal Malaysia, embedding in the Rukunegara the objective “to ensure a liberal approach to her rich and diverse cultural traditions”. Read the rest of this entry »
Malaysia will give the world another cause to be dismissed as “laughing stock” if great-grandfather and longest-serving Prime Minister for 22 years, 91-year old Mahathir is investigated by police for “activities detrimental to parliamentary democracy”
Posted by Kit in Mahathir, Najib Razak, Police on Thursday, 22 December 2016
It would appear that there are not enough occasions for Malaysia to be the international object of ridicule, contempt and disgust after the infamy and ignominy of being regarded world-wide as a “global kleptocracy” and an entire jetliner disappearing into the oceans without a trace for close to three years that the Malaysian government and its politicians are working overtime to create even more causes for Malaysia to be dismissed as a “mad, mad, mad world” in the international community of nations!
Today alone, there are three such instances.
There is firstly UMNO’s chief rabble rouser turning up at the Selangor Mentri Besar’s Office in Shah Alam semi-nude, armed with a toothbrush tucked behind one ear and a dipper filled with toiletries, demanding to use the shower facilities there; while in Penang, the Gerakan and Barisan Nasional Chief staged a tasteless comedy appearing at a media conference with his mouth sealed by plasters creating an “X” sign.
DAP had been in Opposition politics for 50 years (excluding Penang and Selangor where we captured state power after the political tsunami in the 2008 general elections) but despite the crushing pressures from the Barisan Nasional government, DAP had never went so low and to be such a cheapskate as to stage the “dramas” in Selangor and Penang yesterday.
May be Harith Iskander, who became the world’s funniest person in the world competition in Helsinki, should cede the crown to the two clowns in the Selangor and Penang circus yesterday. Read the rest of this entry »
Don’t just think of our grandkids, but think of the grandkids of all Malaysians
Posted by Kit in Corruption, Economics, Education, Financial Scandals, Najib Razak on Wednesday, 21 December 2016
I must thank the Minister for Tourism and Culture, Datuk Seri Nazri Abdul Aziz for his being so solicitous over my welfare, suggesting that I should be caring my grandchildren in my twilight years.
But Nazri cannot be more wrong, for we should not just think of our grandchildren, but also about the grandchildren of all Malaysians.
In fact, I call on all Malaysians, regardless of age, to transcend race, religion or region, to be solicitous of the national welfare and should involve themselves in ensuring that the country is a better place of our grandchildren and their children.
I put Nazri’s suggestion on my Facebook yesterday, asking whether I should listen to his advice.
The overwhelming majority, almost unanimous, view was in the negative, and some of the comments are as follows: Read the rest of this entry »
Fourth tranche of five questions for Salleh from Musa Hitam, 1MDB, Islamic State to Hadi’s private member’s bill
Posted by Kit in Constitution, Corruption, Financial Scandals, Islamic state, Najib Razak, UMNO on Wednesday, 21 December 2016
The following is the fourth tranche of my five questions for the Minister for Communications and Multimedia, Datuk Seri Salleh Said Keruak to help him reinstate his right to ask questions and demand answers from others, after forfeiting such right when as Minister responsible for the portfolio of information, he failed to answer numerous questions about government scandals and failings:
Question 16:
Is the former Prime Minister, Tun Musa Hitam, right when he said at a forum yesterday that only the political bankrupts would use the politics of race and religion as gambling chits in the political arena, and one of the most egregious examples of such reckless exploitation of the politics of race and religion is none other than the Prime Minister, Datuk Seri Najib Razak in his UMNO Presidential Speech on Nov. 30? Read the rest of this entry »
Answer these first, Kit Siang bombards Salleh with questions
Posted by Kit in Corruption, DAP, Education, Financial Scandals on Wednesday, 21 December 2016
Malaysiakini
20 Dec 2016
Lim Kit Siang has bombarded Communications and Multimedia Minister Salleh Said Keruak with a barrage of questions
This is after the minister questioned whether the opposition could come up with a shadow cabinet and also asked that the opposition explain what it would do if PKR de facto leader Anwar Ibrahim cannot become prime minister.
However, Lim pointed out that Salleh was raising a spree of questions when the minister himself has not been answering for the government’s alleged scandals and failings.
“If there is any ministry which is assigned the responsibility of defending the government, it is Salleh’s ministry.
“But realising that much as he wanted, he is just incapable of defending the indefensible, Salleh is subtly trying to transform his ministerial portfolio of answering questions on behalf of the government into one of asking questions about the opposition.
“If Salleh expects answers to his questions, let him perform his ministerial duty to answer questions about government scandals and failings,” he said.
The veteran leader then proceeded to bombard Salleh with questions on a daily basis since last Sunday. Read the rest of this entry »
MALAYSIA’S RINGGIT ROUT RAISES SPECTRES OF 1998 ASIAN FINANCIAL CRISIS
BY BHAVAN JAIPRAGAS
South China Morning Post
20 DEC 2016
Currency hits levels last seen in 1998 as uncertainty over Trump, interest rates and 1MDB scandal create perfect storm – but government denies capital controls could be on the cards
The beaten down Malaysian ringgit is showing no signs of catching a break in the tail end of 2016.
The currency on Tuesday hovered near its lowest level since the height of the 1998 Asian Financial Crisis, as it reeled from a perfect storm of bearish factors including uncertainty about Donald Trump’s impending presidency in the United States, the acceleration of US interest rate hikes and a long-running corruption scandal linked to Prime Minister Najib Razak.
Some observers said the slump – the ringgit is poised to finish the year as Asia’s worst performing currency for a second year running – raised the spectre of a repeat of the controversial capital controls imposed in 1998.
The government has so far swatted away suggestions it will re-introduce such measures.
The ringgit traded at 4.4798 in Tuesday afternoon trade in Asia, according to Bloomberg. It had fallen to 4.4805 on Monday, its weakest point since January 1998.
It has lost six per cent since Trump’s shock victory in the US presidential election on November 8. Read the rest of this entry »
After 2 Years, Experts Say MH370 Likely North of Search Area
New York Times
THE ASSOCIATED PRESS
DEC. 20, 2016
SYDNEY — For two years, a handful of ships have diligently combed a remote patch of the Indian Ocean west of Australia in a $160 million bid to find Malaysia Airlines Flight 370. On Tuesday, investigators made what was surely a painful admission: They have probably been looking in the wrong place.
The latest analysis by a team of international investigators concluded the vanished Boeing 777 is highly unlikely to be in the current search zone and may instead be in a region farther north. But though crews are expected to finish their deep-sea sonar hunt of the current search area next month, the possibility of extending the search to the north appeared doubtful, with Australia’s transport minister suggesting the analysis wasn’t specific enough to justify continuing the hunt.
The latest twist in the search for Flight 370 highlights the extraordinary difficulty officials have faced in their attempts to find the aircraft based on the faintest scraps of data. All along, officials have said they are not simply looking for a needle in a haystack — they are looking for the haystack.
On Tuesday, the haystack was poised to shift again, with the release of a report by the Australian Transport Safety Bureau, which is leading the search for the plane. The report is the result of a November meeting of international and Australian experts who re-examined all the data used to define the search area for the aircraft, which vanished during a flight from Kuala Lumpur to Beijing on March 8, 2014, with 239 people on board.
Since the plane disappeared, experts have analyzed a series of exchanges between the aircraft and a satellite to estimate a probable crash site along a vast arc of ocean in the southern hemisphere. A deep-sea search of a 120,000-square kilometer (46,000-square mile) stretch of water along the arc has so far come up empty. Read the rest of this entry »
Third tranche of questions for Salleh – from 1MDB, PISA 2015 to Aleppo
Posted by Kit in Corruption, Education, Financial Scandals, Najib Razak on Tuesday, 20 December 2016
Yesterday, I put to the Minister for Communications and Multimedia, Datuk Seri Salleh Said Keruak a second tranche of five questions to answer so that he could restore his right to ask questions and demand answers from others, as he had forfeited such right when as a Minister responsible for the portfolio of information, had failed to answer numerous questions about government scandals and failings.
Today, I put to Salleh a third tranche of five questions for him to answer to perform his Ministerial duty before he could start asking questions and demanding answers from others.
My third tranche of five questions are:
Question 11:
One of the questions posed in an electronic media today is as follows:
“If 1MDB is squeaky clean, why are people charged abroad?”
In Singapore, bank officer Yvonne Seah was jailed for two weeks, while her supervisor Yaw Yee Chee was jailed for 18 weeks for abetting businessman Jho Low to launder funds linked to 1MDB.
While the Singapore government has prosecuted the few private investment bankers and closed BSI Bank and Falcon private bank, nothing seems to have happened in Malaysia to the few, untouchable men, namely Jho Low and the prime minister’s stepson Riza Aziz, without whom this massive financial scandal could not have taken place, causing US$3.5 billion to be stolen from the Malaysian people, as alleged by US attorney-general Loretta Lynch.
Can Salleh explain the unending reverberations in other countries of the roiling international 1MDB kleptocratic money-laundering scandal, when the Malaysian government continues with its pretence that there is nothing wrong with 1MDB.
Are Yvonne Seah and Yaw Yee Chee wrongly convicted and jailed in Singapore? Read the rest of this entry »
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