Archive for June 21st, 2017
Annuar Musa’s desperate and unabashed appeal to the primordial politics of religion confirmed my initial suspicion that Putrajaya had been very jittery and most hysterical about latest US DOJ kleptocratic action on forfeiture of US$1.7 billion 1MDB-linked assets
Posted by Kit in Corruption, Felda, Financial Scandals, nation building on Wednesday, 21 June 2017
UMNO Information Chief, Annuar Musa’s desperate and unabashed appeal to the primordial politics of religion has confirmed my initial suspicion that Putrajaya had been very jittery and most hysterical about the latest United States Department of Justice (DOJ) kleptocratic action on forfeiture of US$1.7 billion of 1MDB-linked assets.
Was this why the three Najib loyalists in the Cabinet, the Defence Minister, Datuk Hishamuddin Hussein, the Minister in the Prime Minister’s Department, Datuk Abdul Rahman Dahlan and the Communications and Multimedia Minister, Datuk Seri Salleh Said Keruak had risked their public reputations with ridiculous salvoes to the DOJ in coming to the defence of the Prime Minister, Datuk Seri Najib Razak since the third spate of DOJ kleptocratic suits in California last Thursday?
It is understandable it is not easy to maintain equanimity when two whammies involving two biggest financial scandals of the first magnitude in the nation’s history exploded in the month of Ramadan – the new US DOJ kleptocratic action and the Felda Global Ventures Holdings Bhd (FGV) scandal – especially when so much preparation had been made for the Najib administration to take the political offensive in the month of Ramadan in preparation for the 14th General Election.
But while Hishammudin, Salleh and Abdul Rahman were not helpful to Najib at all – Annuar’s intervention is sheer disaster for Najib, for what Annuar had done was tantamount to scoring his own goal. Read the rest of this entry »
Call on all religions in Malaysia to unite with common objective to make Malaysia the beacon and inspiration for the world as a showcase of multi-religious harmony, understanding, tolerance, solidarity and unity
Posted by Kit in 1Malaysia, nation building, Religion on Wednesday, 21 June 2017
When the nation achieved Merdeka in 1957 and Malaysia was formed in 1963, religion was conceived as an important nation-building block for the country to be a showcase to the world how a multi-racial, multi-religious, multi-lingual and multi-cultural country could unite as one successful, progressive and prosperous nation with harmony, understanding, tolerance, solidarity and unity from our various diversities of race, religion, language and culture.
This is a time to take stock of our six decades of nation-building, for Malaysia seems to have lost its way – the nation losing its moral compass and forfeiting our moral high ground in the international community.
After six decades, Malaysia has not been able to leverage on our maximum potentials, whether in the political, economic, social, educational, human resources development and nation-building spheres – being increasingly left behind by many countries like Singapore, Taiwan, South Korea and Hong Kong which were behind us during our early years of nationhood, and now at risk of being overtaken by even more countries, especially, Vietnam, Thailand and even Indonesia.
China and Indonesia had trailed far behind Malaysia on the anti-corruption front, but in the past few decades, Malaysia has gradually but relentlessly lost ground to these two countries, until the question now is not whether, but when China and Indonesia will overtake Malaysia as a less corrupt country! Read the rest of this entry »
Is Malaysia a Kleptocracy?
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Wednesday, 21 June 2017
Wall Street Journal
June 20, 2017
The U.S. Justice Department filed civil lawsuits late last week to seize a second trove of assets allegedly purchased with funds embezzled from the Malaysian state-run investment fund 1MDB. Last July the Feds went after more than $1 billion in financial assets, real estate, artwork, film rights and a private jet. Now the Kleptocracy Asset Recovery Initiative, as Justice calls it, is targeting $540 million in assets owned by relatives and associates of Prime Minister Najib Razak.
The most striking item on the list is a necklace worth $27.3 million featuring a 22-carat pink diamond. The lawsuit alleges that 1MDB funds were used to buy it and other jewelry for the wife of “Malaysian Official No. 1.” U.S. officials told the Journal that Official No. 1 is Mr. Najib.
The 1MDB fund denies that money is missing, Mr. Najib denies any wrongdoing, and Attorney General Mohamed Apandi Ali cleared Mr. Najib in January 2016. Mr. Apandi Ali said in a statement Friday, “We also note that there has been no evidence from any investigation conducted by any law enforcement agencies in various jurisdictions that shows that money has been misappropriated from 1MDB.” Read the rest of this entry »
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