Archive for November, 2018
Najib tied himself in knots rebutting Tong’s revelations that he had personally informed Najib and Jho Low as far back as 6th March 2015
Posted by Kit in Financial Scandals, Najib Razak on Friday, 30 November 2018
Former Prime Minister, Datuk Seri Najib Razak is capable of swift reaction.
After a thunderous silence for five days, he swung into action and came out with a response within five hours of my statement yesterday asking why the most prolific Malaysian FaceBook user with up to seven postings a day had not responded to Tong Kooi Ong’s revelation five days ago about his meeting with Najib in March 2015 to tell him about the 1MDB scandal and fugitive financier Jho Low, and that such silence condemned him on the 1MDB kleptocracy scandal.
Najib tied himself in knots in his rebuttal to Tong’s revelation that he (Tong) had personally informed Najib about the 1MDB scandal and the role of financial fugitive Jho Low when he met Najib at the latter’s Jalan Duta house dining room at the request of the UMNO MP for Baling, Datuk Abdul Azeez Abdul Rahim on March 6, 2015 at 10.45 pm. Read the rest of this entry »
Najib condemned himself on the 1MDB kleptocracy by his thunderous silence on Tong Kooi Ong’s shocking account of his encounter with Najib on 1MDB and Jho Low in 2015
Posted by Kit in Financial Scandals, Najib Razak on Thursday, 29 November 2018
The former Prime Minister, Datuk Seri Najib Razak has become Malaysia’s most prolific FaceBook user.
In the last seven days, he had 35 FaceBook postings, averaging five a day – ranging from three to seven postings a day.
But he condemned himself on the 1MDB kleptocracy by his thunderous silence on Edge Media Group chairperson Datuk Tong Kooi Ong’s revelations five days ago rubbishing Najib’s claims of ignorance over the 1MDB scandal.
Read the rest of this entry »
Vision of New Malaysia must continue to inspire and unite Malaysians despite the multitude of problems haunting and hounding the country after six decades of UMNO/BN rule
Posted by Kit in nation building on Wednesday, 28 November 2018
The country seems to be overwhelmed by a multitude of problems which raise the question whether the vision of a New Malaysia has any relevance to the future of Malaysia.
But I think otherwise, as I believe that the vision of a New Malaysia which resulted in the historic decision of May 9, 2018 must continue to inspire and unite Malaysians despite the multitude of problems haunting and even hounding the country after six decades of UMNO/BN rule.
In the past week, problems piled up one after another, some of which seemed to concern only one particular community or religious group but actually concern all Malaysians and all religious groups, including the following:
— Ratification of ICERD (International Covenant for the Elimination of All Forms of Racial Discrimination) which has been distorted to mean a grave threat and assault on the rights and interests of the Malays, Islam and the Malay Rulers. Read the rest of this entry »
Malaysia needs an educational overhaul as an education system which could produce a global kleptocracy in Malaysia cannot be a good and wholesome one
Posted by Kit in Education, nation building on Monday, 26 November 2018
Malaysia needs an educational overhaul as an education system which could produce a global kleptocracy in Malaysia cannot be a good and wholesome one.
The last few days provided another example of why there is something basically wrong with the Malaysian education system which could produce generations of unthinking Malaysians who could easily fall victim to the toxic politics of lies, fake news, hate, race and religion. Read the rest of this entry »
Najib should be referred to the Parliamentary Committee of Privileges for tampering with the Auditor-General’s 1MDB audit report before it was presented to the last Parliament
Posted by Kit in Financial Scandals, Najib Razak on Monday, 26 November 2018
Former Prime Minister and Member of Parliament for Pekan, Datuk Seri Najib Razak should be referred to the Parliamentary Committee of Privileges for tampering with the Auditor-General’s 1MDB audit report before it was presented to the last Parliament.
The Auditor-General Madinah Mohamad has confirmed that the then prime minister Najib Abdul Razak summoned her predecessor Ambrin Buang on Feb 22, 2016, and instructed certain parts of the report to be expunged.
She added that Najib’s private secretary Shukry Mohd Salleh had also instructed the mentions of businessperson Low Taek Jho, a central figure in the 1MDB scandal, to be removed. Read the rest of this entry »
No Malaysian would want Malaysia to ratify ICERD at the price of another May 13 racial riot
Posted by Kit in nation building, Politics on Sunday, 25 November 2018
The Pakatan Harapan government to build a New Malaysia suffered a setback yesterday when the Prime Minister’s Office announced that the government will not ratify the International Covenant Against All Forms of Racial Discrimination (ICERD) and that it will continue to defend the Federal Constitution.
No Malaysian would want Malaysia to ratify the ICERD at the price of another May 13 racial riot in the country, as there is no doubt that there are irresponsible elements which are seeking to incite and escalate racial and religious distrust, animosity and hatred to engender the conditions to replicate another May 13 racial riot in Malaysia.
Is ICERD against the Malaysian Constitution, anti-Malay, anti-Islam and anti-Malay Rulers? Read the rest of this entry »
Malaysia should emulate Abu Dhabi’s IPIC and sue Goldman Sachs to recover US$7.1 billion for losses suffered as a result of three bonds totaling US$6.5 billion and US600 million commission to Goldman Sachs
Posted by Kit in Financial Scandals on Thursday, 22 November 2018
Malaysia should emulate Abu Dhabi’s International Petroleum Investment Co. (IPIC) and sue Goldman Sachs to recover US$7.1 bilion for losses suffered as a result of three bonds totally US$6.5 billion and US$600 million commission to Goldman Sachs.
Abu Dhabi’s International Petroleum Investment Co (IPIC) yesterday filed a lawsuit against US investment bank Goldman Sachs and others to recover losses suffered through its dealings with Malaysian state fund 1MDB. Read the rest of this entry »
It must be history’s most pathetic mea culpa, contrived and totally unconvincing, completely unable to evoke sympathy and understanding, let alone pity
Posted by Kit in Financial Scandals, Najib Razak on Thursday, 22 November 2018
It must be history’s most pathetic mea culpa, contrived and totally unconvincing, completely unable to evoke sympathy and understanding let alone pity.
Who would believe Datuk Seri Najib Razak’s admission that his administration was cheated by fugitive financier Jho Low, the other mastermind of the 1MDB scandal?
Please stand forward and declare yourself and we have the new suckers in Malaysia!
Read the rest of this entry »
More questions about Hadi and PAS MPs’ position on ICERD
Posted by Kit in Parliament, PAS on Thursday, 22 November 2018
Yesterday, I asked the PAS President Datuk Seri Hadi Awang what he really meant when he said that all Muslims must oppose the ratification of the International Covenant on the Elimination of All Forms of Racial Discrimination (ICERD) when the Covenant had been ratified by countries representing 99% of the 1.9 billion Muslims in the world, including countries like Saudi Arabia, Iran, Iraq, Egypt, Jordan, Yemen, Oman, Qatar, UAB, Algeria, Pakistan, Turkey, Tunisia, Morocco, Indonesia and Bangladesh.
While we wait for answer from the PAS President, Hadi can also explain why 55 of the 57 countries of the Organisation of Islamic Conference (OIC) States have ratified ICERD, except for Malaysia and Brunei. Is there a suggestion that somehow the 99% the world’s 1.9 billion Muslims, who live in 55 of the 57 OIC countries, have been misled and not as Muslim as Hadi would want them to be? Read the rest of this entry »
Is Hadi suggesting that only 1% of the 1.9 billion Muslims in the world are qualify as true Muslims, as all Muslim countries except for Malaysia and Brunei, have ratified the International Covenant of the Elimination of Racial Discrimination (Icerd)
PAS President, Datuk Seri Hadi Awang has upped the ante and declared that all Muslims must oppose the ratification of the International Convention of the Elimination of Racial Discrimination (Icerd).
Is he suggesting that only one per cent of the 1.9 billion Muslim in the world qualify to be called true Muslims as all Muslim countries including all the Muslim countries in the Middle East except for Malaysia and Brunei have ratified the International Convention of the Elimination of Racial Discrimination (Icerd)?
The countries which have ratified Icerd, some with reservations, include the following 36 countries:
Read the rest of this entry »
All the UMNO and PAS MPs who disregarded and defied the Speaker’s directives and shouted and yelled incessantly to stop Waytha Moorthy from continuing his reply in Parliament on Monday should be referred to the Committee of Privileges to prevent another recurrence
Posted by Kit in Parliament, PAS, UMNO on Wednesday, 21 November 2018
What happened in Parliament on Monday morning, when UMNO and PAS Members of Parliament defied and disregarded the Speaker’s directives and shouted and yelled incessantly to stop the Minister in the Prime Minister’s Department, P. Waytha Moorthy from replying and delivering his speech during the Ministerial winding-up in the debate on the 2019 Budget is the greatest disgrace in the half-a-century history of Malaysian Parliament, as such a dishonourable incident had never happened before in the Malaysian Parliament since 1959.
Has parliamentary standards in Malaysia degraded so much in the past half-a-century? Is the Malaysian Parliament next to graduate to fist-fights and physical attacks on the Speaker as happened in other Parliaments?
What made Monday’s disgraceful incident in Parliament even more shocking is that some of the miscreant Members of Parliament were former Cabinet Ministers – which highlighted the glaring fact that the former Cabinet that was unceremoniously chucked out of Putrajaya by the Malaysian voters on May 9, 2018 was one the worst in Malaysian history – made up of the most “deadwood” and “half-past six” Ministers. Read the rest of this entry »
Two “laughing stocks” in Malaysian politics within 48 hours
Malaysian politics achieved two new records of sorts within 48 hours – both highlighted by none other than the new MCA President, Datuk Seri Wee Ka Siong.
In the first instance, Wee had captured the essence when he said that the UMNO President, Datuk Seri Zahid Hamidi had been turned into a “laughing stock” after his overture to PAS for a UMNO-PAS merger were ignored. Read the rest of this entry »
Will UMNO and PAS hold joint protest rally to condemn Najib, 1MDB scandal and Malaysia becoming a global kleptocracy
Will UMNO and PAS hold a joint protest rally against Najib Razak, 1MDB scandal and Malaysia becoming a global kleptocracy?
There are no signs that UMNO and PAS are prepared to do so, as their leaders and Members of Parliament do not regard the international 1MDB corruption, criminal breach of trust and money-laundering scandal or the infamy and ignominy to Malaysia to be regarded worldwide as a global kleptocracy to be of any concern at all.
This is why in the 2019 Budget debate in Parliament, while the 1MDB scandal continues to make daily waves internationally, not a single UMNO or PAS MP dare to take a stand that the monstrous 1MDB “kleptocracy at its worst” scandal is a national catastrophe and that the former Prime Minister, Datuk Seri Najib Razak must be held responsible for the infamy of Malaysia becoming a global kleptocracy. Read the rest of this entry »
Fie to all Opposition MPs as not a single UMNO, MCA, MIC, PAS or Opposition MP dared to take a stand during the Budget debate that 1MDB scandal is a national catastrophe and Najib must be held responsible for the infamy of Malaysia becoming a global kleptocracy
Posted by Kit in Parliament, PAS, UMNO on Monday, 19 November 2018
The 2019 Budget debate in Parliament has ended, with the Ministers beginning their replies today.
One of the most astounding features of the 2019 Budget debate is that not a single UMNO, MCA, MIC, PAS or Opposition MP dare to take a stand that the monstrous 1MDB “kleptocracy at its worst” scandal is a national catastrophe and that the former Prime Minister, Datuk Seri Najib Razak must be held responsible for the infamy of Malaysia becoming a global kleptocracy.
This despite my public reminder before the budget debate that every Opposition MP should declare his or her stand whether 1MDB scandal was a national catastrophe and whether Najib should be held responsible for Malaysia becoming a global kleptocracy.
This shows that not a single Opposition MP could be depended upon to perform the national duty to redeem Malaysia’s international reputation and standing by transforming Malaysia from a global kleptocracy into a leading nation in integrity in the world. Read the rest of this entry »
Did Zahid get a mandate from various UMNO levels – UMNO Supreme Council, UMNO MPs and State Assembly representatives, UMNO Divisions, UMNO Youth, UMNO Wanita and UMNO Puteri and the UMNO General Assembly – as well as from other Barisan Nasional parties for the proposal of a merger between UMNO and PAS?
UMNO President Datuk Seri Ahmad Zahid Hamidi must be credited with making the most astounding announcement in the six months after Malaysians created history toppling the sixth Prime Minister, Datuk Seri Najib Razak and the six-decade rule of UMNO/BN Government in a peaceful and democratic transition of power.
This is his proposal at the joint UMNO-PAS rally in Pasir Salak last night openly calling for a PAS-UMNO merger “in the name of Islam, Malays, Malaysia and bumiputera”.
Two months ago, Zahid assured Malaysians that the co-operation between UMNO and PAS was not leading towards the formation of a new coalition but was a co-operation between two parties to strengthen their roles in the opposition camp.
There is now a quantum jump in Zahid’s political thinking where an informal co-operation for Opposition’s sake had been skyrocketed into a merger between the two parties.
But two questions need to be clarified first: Read the rest of this entry »
Since 14GE, there was hardly a day when the 1MDB scandal did not dominate news headlines, very often with multiple items a day
Posted by Kit in Financial Scandals, Najib Razak on Saturday, 17 November 2018
What a far cry from what the then Prime Minister, Datuk Seri Najib said in his 2016 New Year Message on Dec. 31, 2015 that his RM50 billion 1MDB and RM2.6 billion donation twin mega scandals had been resolved and were no more issues.
Since the 14th General Election on May 9,. 2018,, there was hardly a day when the 1MDB scandal did not dominate news headlines, very often with multiple items a day!
Today, for instance, there were four news stories connected to the 1MDB scandal in Malaysiakini, viz: “New Zealand gov’t: Jho Low not given passport”; “Jho Low drops claims to New York’s Park Lane Hotel to facilitate sale”;“1MDB probe to be completed in ‘another month or two’”; and “Najib upset over muted gov’t bench when he talks about 1MDB”. Read the rest of this entry »
Goldman Sachs CEO David Solomon’s voice mail too little, too late and too paltry – just repay US$600 million to 1MDB to show genuine contrition and take first step back to become a responsible global corporate citizen
Posted by Kit in Financial Scandals, Najib Razak on Friday, 16 November 2018
Goldman Sachs Group Inc CEO David Solomon’s voice mail to Goldman Sachs employees that “This isn’t us” to distance the mega bank from the multi-billion 1MDB scandal is too late, too little and too paltry, when in July 2016 and later in June 2017 in its expanded and updated kleptocratic litigation to forfeit 1MDB-linked assets in the United States, US Department of Justice (DoJ) had listed the “material misrepresentations and omitted facts” of the three 1MDB bonds arranged by Goldman Sachs in 2012 and 2013 and the almost-instant misappropriation and fraudulent diversion of some 40 per cent each of the three bonds.
The guilty plea of Goldman Sach’s former top banker in Asia, Tim Leissner, to two counts of conspiracy to launder money and conspiracy to violate the Foreign
Corrupt Practices Act in relation to the 1MDB scandal has undermined the mega bank’s attempt to wash its hands of responsibility for the 1MDB scandal.
In his guilty plea in a New York district court on August 28, which was unsealed on November 8, Leissner said others at the bank helped him conceal bribes used to retain business in Malaysia.
He said the culture of secrecy at the investment bank led him to conceal wrongdoing from the company’s compliance staff. Read the rest of this entry »
Why the Wall Street titan Goldman Sachs should contact the Malaysian Government to offer an acceptable settlement for its criminal facilitation of the 1MDB “kleptocrtacy at its worst” scandal
Posted by Kit in Financial Scandals on Thursday, 15 November 2018
It is most ironic that the Wall Street titan Goldman Sachs is criminally involved in the facilitation of the 1MDB “kleptocracy at its worst” scandal of Malaysia.
Goldman Sachs has produced top-notch United States government leaders, and some of the former Goldman Sachs employees who have moved on to top government positions include former US Secretaries of the Treasury Robert Rubin and Henry Paulson and current US Secretary of the Treasury Steven Mnuchin, former US Chief Economic Adviser Gary Cohn, European Central Bank President Mario Craghi, former Bank of Canada and current Governor of Bank of England Mark Carney.
In addition, former Goldman employees have headed the New York Stock Exchange, the World Bank, and competing banks such as Citigroup and Merrill Lynch.
Goldman Sachs has a compliance group responsible for managing and overseeing compliance policies and internal accounting controls covering bribery, money-laundering, conflicts of interest, personal investments, outside activities, etc.
Goldman Sachs Chief Executive David Solomon said in Singapore last week that he felt “horrible” that two former employees “blatantly broke the law” in their dealings with Malaysian state fund 1Malaysia Development Berhad. Read the rest of this entry »
Not enough for global mega-bank Goldman Sachs to feel “horrible” for its principal role in the international 1MDB corruption and money-laundering scandal, as it is time for it to explain how it is going to compensate 32 million Malaysians for their criminal breach of trust and kleptocracy
Posted by Kit in Financial Scandals on Wednesday, 14 November 2018
The Goldman Sachs chief executive David Saloman said in Singapore last week that he felt “horrible” that two former employees “blatantlyh broke the law” in their dealings with 1MDB.
It is not enough for the global mega-bank Goldman Sachs to feel “horrible” for its principal role in the interntional 1MDB corruption and money-laundering scandal, as it is time for it to explain how it is going to compensate 32 million Malaysians for its criminal breach of trust and kleptocracy, for it is crystal clear that without Goldman Sach’s criminal role, the 1MDB scandal would not have become, in the words of the former United States Attorney-General Jeff Sessions at the inaugural Global Forum on Asset Recovery last December , “kleptocracy at its worst”.
At the inaugural Global Forum on Asset Recovery, Jeff Sessions said that “nearly half of the US$3.5 billion in corruption proceeds we have restrained is related to just one enforcement action” – the 1MDB scandal. Read the rest of this entry »
Documentary “Kleptocrats” about the 1MDB scandal making world premier in New York while the Supreme Kleptocrat in Malaysia continues in his bubble to deny existence of 1MDB scandal
Posted by Kit in Education, Financial Scandals on Sunday, 11 November 2018
Former UMNO Minister and UMNO Wanita leader, Tan Sri Rafidah Aziz has asked a most important and pertinent question about education in Malaysia at the Nurture, Engage, eXchange Leadership Conference in Penang yesterday: “What are you bringing up? Kleptos (thieves) and bullies?”
She said Malaysia has no need to come up with reports on the education system, as by the time the reports are written, the rest of the world would have already moved ahead.
“So many studies, so many reports, but nobody looks at them. So no need”, she said. Read the rest of this entry »
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