Archive for August 11th, 2018
Abu Kassim’s 2011 video about the RM24 million diamond ring has only focused national attention on Jho Loh’s RM144 million 22-carat rare pink diamond necklace for Rosmah and highlights what the PAC should do
Posted by Kit in Financial Scandals on Saturday, 11 August 2018
The furore over the video of former Malaysian Anti-Corruption Commission chief Abu Kassim Mohamad’s speech in 2011 over the RM24 million diamond ring has only focussed national attention on 1MDB scandal mastermind, Jho Loh’s RM144 million 22-carat rare pink diamond necklace for the wife of the then Prime Minister, Rosmah Mansor.
Most Malaysians have forgotten about the RM24 million diamond ring episode as what they remember is the infamous US$27.3 million (RM144 million) 22-carat rare pink diamond set in a necklace, which the US Department of Justice alleged was bought by Malaysian billionaire, Low Taek Jho or Jho Low, the other “king pin” of the 1MDB scandal, with stolen 1MDB money for the wife of “Malaysian Official 1” (MO1).
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