Archive for April 30th, 2017

I will appear next week before the special task force investigating the Bank Negara forex losses in 1990s

I will appear next week before the special task force investigating the Bank Negara forex losses between 1991 and 1993.

The seven-member task force, headed by Tan Sri Mohd Sidek Hassan, who is former chief secretary to the government, also comprise Malaysian Anti-Corruption Commission deputy chief commissioner Datuk Azam Baki, Police Commercial Crimes Department director Datuk Acryl Sani Abdullah Sani, Securities Commission Malaysia chairman Tan Sri Ranjit Ajit Singh, Retirement Fund Inc chief executive officer Datuk Wan Kamaruzaman Wan Ahmad, Pemudah co-chairman Tan Sri Saw Choo Boon, and lawyer Datuk Seri Jahaberdeen Mohamed Yunoos.

The task force, which was set up by the Cabinet in mid-February, is living proof of the negligence and irresponsibility of the first degree of the Cabinet Ministers when they could set up a special task force (STF) to conduct a probe into Bank Negara forex losses more than two decades ago but dare not breathe a word on the monstrous 1MDB kleptocratic money-laundering scandal.

For instance, was the Prime Minister, Datuk Seri Najib Razak, who is directly implicated in the 1MDB kleptocratic scandal, the final authority in approving the 1MDB-IPIC “arbitration settlement” and who overruled the Finance Minister, Datuk Johari Abdul Ghani who was convinced and confident that 1MDB would win the arbitration case in the London International Arbitration Court based on documentary and legal grounds?

Did any of the Cabinet Minister suggest that the Prime Minister should recuse and should not be involved in any further decision-making making process about the 1MDB scandal, as the Prime Minister is directly implicated in the 1MDB scandal?
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