Malaysiakini, in its latest microsite, reveals that in total, at least RM470 million went from 1MDB to various political entities through 102 transactions, excluding individuals, between April 2012 and August 2013.
Umno received the lion’s share, at RM417.4 million or 88.8 percent of the funds. The next biggest recipients were MIC at RM20.55 million, and MCA at RM16.5 million.
The money was distributed to various party chapters, wings and even a party-owned library.
The BN parties like UMNO, MCA, Gerakan, MIC and SUPP should return a total of RM470 million which they had received from 1MDB to public coffers if the revelations are true and correct.
UMNO, MCA, MIC and SUPP have Members of Parliament and their MPs should speak up on the Malaysiakini expose in the current debate in Parliament on the motion of thanks for the royal address.
(Media Statement by DAP MP for Iskandar Puteri Lim Kit Siang in Parliament on Wednesday, July 18, 2018)
#1 by pulau_sibu on Wednesday, 18 July 2018 - 9:40 pm
totally agreed.
if not, the properties should be seized, such as the party’s buildingS. they have lots of wealth available to return it to us.
#2 by Bigjoe on Thursday, 19 July 2018 - 11:25 am
There are a couple of interesting facts about these facts.
88.8% for themselves and the rest, 11.2% for their MANY very best partners and friends.. Its simply deeply how how they define “Ketuanan”.. Its not even allocated according to potential seats they can win as a group, much less what is needed.
The other interesting fact is RM470m was handed out when the amount taken from SRC and 1MDB was in the billions – less than 20% and Najib when to UMNO Supreme Council and argued he stole money for UMNO/BN..
Is this how UMNO/BN think? 80% for themselves, himself and 20% for others and everyone else? The biggest defender of Trickle Down theory will tell you, it just not sustainable – it was always going to fail and only surprise it did not fail earlier.
The fact such sentiments lasted so long speaks volume of the immense opportunities that was handed to UMNO/BN and this country..Fact is if they were more prudent just a little bit more, they could have lasted decades more long doing the same thing. If they were completely corrupt free, this country would already be a great developed country on part with any..