Archive for category Financial Scandals
Questions raised by Chooi Mun Sou’s Memoirs “Malaysia My Home – Quo Vadis” on the future of Malaysia
Posted by Kit in Corruption, Financial Scandals, nation building on Thursday, 23 June 2022
I have read lawyer Chooi Mun Sou’s memoirs “Malaysia My Home – Quo Vadis” which raised various questions on the future of Malaysia. The book is a “must read” for all Malaysians.
Firstly, whether Jalil Ibrahim, the Bank Bumiputra internal auditor who was sent to Hong Kong to be assistant general manager of Bumiputera Malaysia Finance (BMF) to curb the BMF scandal but was murdered at the Regent Hotel, Hong Kong in 1983, had died in vain – with more bumiputras becoming rich, corrupt and involved in mega-billion-dollar scandals like the 1MDB scandal, in the name of “race and country”. Read the rest of this entry »
There may not be a multi-billion dollar 1MDB scandal equated as “kleptocracy at its worst” if the recommendations of the Ahmad Nordin Bumiputera Malaysia Finance (BMF) Inquiry Committee had been acted on by the 1986 Mahathir government
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Wednesday, 22 June 2022
There may not be a multi-billion dollar 1MDB scandal equated as “kleptocracy at its worst” if the recommendations of the Ahmad Nordin Bumiputera Malaysia Finance (BMF) Inquiry Committee had been acted on by the 1986 Mahathir government.
This thought struck me when I read Chooi Mun Sou’s memoirs – “Malaysia My Home – Quo Vadis”. Read the rest of this entry »
Malaysia Anti-Corruption Forum 2022 has raised even more questions about anti-corruption campaign in Malaysia
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Thursday, 26 May 2022
The Malaysian Anti-Corruption Forum 2022 has raised even more questions about the anti-corruption campaign in Malaysia.
Former chief justice Mohamad Raus Sharif at the third Malaysia Anti-Corruption Forum said that the appointment of a politician as the chief commissioner of the Malaysian Anti-Corruption Commission (MACC) had cast doubt on its credibility.
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Why in the last decade nobody had emerged to testify on the identity of the Arab royalty donor of the funds in Najib’s accounts?
Posted by Kit in Financial Scandals, Najib Razak, nation building on Tuesday, 24 May 2022
Judge Azimah Omar yesterday gave a great judgement in former Attorney-General Apandi Ali’s defamation suit against me.
Although I have won the defamation suit instituted by the former Attorney-General, I still intrigued by the thought why in the last decade, nobody had emerged to testify as to the identity of the Arab royalty donor who gave the funds in ex-Prime Minister Najib Razak’s personal bank accounts. Read the rest of this entry »
Philipines presidential election on Monday will have interesting bearing on the forthcoming 15GE in Malaysia
Posted by Kit in Financial Scandals, Najib Razak, nation building on Sunday, 8 May 2022
When Filipino voters go to the polls for the Philippines Presidential election on Monday, it will have interesting bearing on the forthcoming 15th General Election in Malaysia.
The Nobel Peace Prize laureate and Filipino journalist Maria Ressa has said that the Philippines presidential election is “a microcosm of a global battle for facts” as he quoted author Milan Kundera: “The struggle of man against power is the struggle of memory against forgetting”.
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PAC Deputy Chair has passed the “death sentence” on my proposal that PAC investigate the 2002 Scorpene submarine corruption case and to establish the motive of the murder of Mongolian, Altantuya Shaariibuu
Posted by Kit in Defence, Financial Scandals, Najib Razak on Sunday, 1 May 2022
The Public Accounts Committee (PAC) deputy chairperson Azizah Mohd Dun has passed the “death sentence” on my proposal that the PAC investigate the 2002 Scorpene submarine corruption case and to establish the motive of the murder of the Mongolian, Altantuya Shaariibuu.
Yesterday, Azizah Mohd Dun, the PAC deputy chairperson, dismissed the call for her committee to probe the Scorpene submarine deal and Altantyunya’s murder. Read the rest of this entry »
Would Najib agree that it would be a disservice to the legacy of public integrity of his father, the second Malaysian Prime Minister, Tun Razak, not to wipe out the infamy of Malaysia as a kleptocracy?
Posted by Kit in Defence, Financial Scandals, Najib Razak on Saturday, 30 April 2022
Former Prime Minister, Najib Razak claimed that the Pakatan Harapan government investigation in 2018 did not find any evidence that he was involved in the 2002 Scorpene submarine deal, adding that it was a part of the opposition’s propaganda to tarnish his image.
I was never in the Pakatan Harapan government and I was not privy to any information as to the outcome of any investigation as to whether Najib, who was the Defence Minister in 2002, was involved in the 2002 Scorpene submarine scandal as I never asked the then Prime Minister, Attorney-General, the Inspector General of Police or Chief Commissioner of the Malaysian Anti-Corruption Commission (MACC) about the matter. Read the rest of this entry »
Malaysia must be a responsible member of the international community of nations by putting to rest two grand corruption scandals – firstly, the Scorpene submarine scandal and murder of Altantuya Shaariibuu and secondly, the 1MDB scandal
Posted by Kit in Defence, Financial Scandals, Najib Razak on Friday, 29 April 2022
Malaysia must be a responsible member of the international community of nations by putting to rest two grand corruption scandals – firstly, the Scorpene submarine scandal and the murder of Altantuya Shaariibuu and secondly, the 1MDB scandal.
I suggested yesterday that the Parliamentary Public Accounts Committee (PAC) should investigate the 2002 Scorpene submarine corruption case and the murder of Altantunya Shaariibuu following the charging of the French company Thales by the French Government for complicity in bribery of the Scorpene submarine deal in Malaysia two decades ago and that the PAC can do so under Dewan Rakyat Standing Orders 77(d) which provides that the PAC can examine “(d) such other matters as the Committee may think fit, or which may be referred to the Committee by the House.”
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Public Accounts Committee should investigate the 2002 Scorpene submarine corruption case and the murder of Altantunya Shaariibuu following the charging of French company Thales by French Government for complicity in bribery of the Scorpene submarine deal two decades ago
Posted by Kit in Defence, Financial Scandals, Najib Razak on Thursday, 28 April 2022
The Parliamentary Public Accounts Committee (PAC) should investigate the 2002 Scorpene submarine corruption case and the murder of Altantunya Shaariibuu following the charging of the Frenchs company Thales by the French Government for complicity in bribery of the Scorpene submarine deal in Malaysia two decades ago.
The Public Accounts Committee can act under Dewan Rakyat Standing Orders 77(d) which provides that the PAC can examine “(d) such other matters as the Committee may think fit, or which may be referred to the Committee by the House.” Read the rest of this entry »
Tony Pua has gone too far in attacking to the Foon Yew school board of governors but he was right in condemning Najib for using Foon Yew to exculpate his kleptocracy
Posted by Kit in Elections, Financial Scandals, Johore, Najib Razak on Wednesday, 2 March 2022
The DAP MP Damansara Tony Pua has gone too far in attacking the Foon Yew school board of governors but he was right in condemning Najib Razak in using Foon Yew to exculpate his kleptocracy.
For the last few days, I have been saying that UMNO has forced the holding of the Johor state general election on March 12, 2022 not to defend the lives and livelihoods of the people to enable life and the economy to re-open after more than two years of the deadly Covid-19 pandemic, but to force the early holding of the 15th General Election to enable Najib Razak to return as the 10th or 11th Prime Minister of Malaysia.
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Has Najib no compunction whatsoever for the billion-ringgit 1MDB scandal and for turning Malaysia into a kleptocracy?
Posted by Kit in Elections, Financial Scandals, Johore, Najib Razak on Monday, 28 February 2022
UMNO has forced the holding of the Johor state general election on March 12, 2022 not to defend the lives and livelihoods of the people to enable life and the economy to re-open after more than two years of the deadly Covid-19 pandemic, but to later force the early holding of the 15th General Election to enable Najib Razak to return as the 10th or 11th Prime Minister of Malaysia.
The ulterior motive of the UMNO masters is clear. Although none of the UMNO “court cluster” is a candidate in the Johor state general election, it is obvious that the UMNO “court cluster” are calling the shots as they want early 15th General Election so that they can escape punishment and go to jail for their corruption and their abuses of power when they were in government.
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Johore and Malaysia should not elevate “shamelessness” as a moral standard for political leaders who feel no shame or guilt for making Malaysia world-infamous as a kleptocracy
Posted by Kit in Elections, Financial Scandals, Johore, Najib Razak on Sunday, 27 February 2022
There are 239 candidates in the Johor state general election on March 12, 2022 vying for the 56 State Assembly seats, most of whom have no chance of winning as their role is just to split votes to enable the UMNO candidates to win.
This is a scenario which pleases UMNO, which had forced the holding of the Johor state general election when the primary focus should be on how to defend the lives and livelihoods of the people to enable life and the economy to re-open after more than two years of the deadly Covid-19 pandemic.
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Are Johor voters going to approve the 1MDB scandal – which has been described as “perhaps the single largest heist in the history of the world”?
Posted by Kit in Corruption, Elections, Financial Scandals, Johore, Najib Razak on Wednesday, 23 February 2022
Last week, Malaysians heard of how one of the two protagonists of the 1MDB scandal spent millions of ringgit in one night from 1MDB funds throwing an extravagant 31st birthday party attended by superstars, who were paid “celebrity charges” for attending his lavish bash -: Leonard DiCaprio (US$250,000), Paris Hilton (US$100,000), Megan Fox ($US250,000) and Kim Kardashian (US$50,000).
Invoices were produced to show that Jho Low’s Las Vegas party costs US$3.6 million.
Major items include 65 bottles of Cristal Champagne for $100,000, a whopping $39,955 tip and fees for celebrities to participate in the party. Read the rest of this entry »
Jho Lows pays superstars US$250,000 for appearance from 1MDB funds but it is the Malaysian taxpayers who have to pay for such billions of 1MDB debts
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Saturday, 19 February 2022
For years I have wondered what is the reason one of the two protagonists of the 1MDB scandal, described by US Attorney-General Jeff Sessions as “kleptocracy at its worst”, could get superstars to his wild parties.
The answer was provided during the criminal trial in New York of a Malaysian banker, Roger Ng, for corruption in the billion-dollar 1MDB scandal. Read the rest of this entry »
Najib should explain whether he is completely devoid of any crumb of moral scruple as to apply for RM100 million housing as former Prime Minister despite the multi-billion ringgit 1MDB scandal which made Malaysia infamous worldwide as a kleptocracy
Posted by Kit in Financial Scandals, Najib Razak on Monday, 22 November 2021
Parliamentary Opposition Leader, Anwar Ibrahim said the cabinet must explain why it had so easily agreed in principle to former prime minister Najib Abdul Razak’s request for a property valued at RM100 million.
Anwar is right, but a more serious question for Najib to answer is whether he is completely devoid of any crumb of moral scruple which led him to apply for RM100 million housing as former Prime Minister despite the multi-billion ringgit 1MDB scandal, which made Malaysia notorious world-wide as a kleptocracy. Read the rest of this entry »
When Najib applied for the RM100 million housing is secondary to the question that Najib is not entitled to it because of 1MDB and other scandals which cost Malaysia to suffer losses to the tune of tens and hundreds of billions of ringgit
Posted by Kit in Financial Scandals, Najib Razak on Friday, 19 November 2021
There seems to be differences between the Finance Minister, Tengku Zafrul Abdul Aziz and former Prime Minister Najib Razak as to when Najib applied for the RM100 million housing – whether the application was made after the 2022 Budget was presented to Parliament on Oct. 29, 2021 or way back in 2018 after he was toppled as Prime Minister.
When Najib applied for the RM100 million housing is secondary to the question that Najib is not entitled to it because of the 1MDB and other scandals which cost Malaysia to suffer losses to the tune of tens and hundreds of billions of ringgit. Read the rest of this entry »
Ismail Sabri is wrong if he thinks he is doing a favour to his former party leader and former Prime Minister, Najib Razak, by adopting an inert instead of a proactive position on investigations into the Pandora Papers
Posted by Kit in Financial Scandals, Ismail Sabri on Monday, 18 October 2021
The Prime Minister, Ismail Sabri is wrong if he thinks he is doing a favour to his former party leader and former Prime Minister, Najib Razak by adopting an inert instead of a proactive position on investigations into the Pandora Paper with regard to offshare financial abuses.
One of the personalities highlighted in the Pandora Papers is Najib’s adviser on 1MDB when Najib was the Prime Minister – Jho Low, a fugitive financier who masterminded the 1MBD scandal and wanted by Malaysia, Singapore and the United States.
Read the rest of this entry »
Ismail Sabri’s comment on the Pandora Papers shows that he does not fully understand the responsibilities of a Prime Minister of Malaysia
Posted by Kit in Financial Scandals, Ismail Sabri on Sunday, 17 October 2021
The Prime Minsiter, Ismail Sabri Yaakob said yesterday that that his government will not interfere in any investigation against individuals whose name were implicated in the Pandora Papers document leak.
His comments show that Ismail Sabri does not fully understand the responsibilities of a Prime Minister of Malaysia. Read the rest of this entry »
Parliament should set up a special parliamentary select committee to investigate into the Pandora Papers and make recommendations to the government
Posted by Kit in Financial Scandals, Parliament on Saturday, 16 October 2021
Parliament should set up a special parliamentary select committee to investigate into the Pandora Papers and make recommendations to the government for four reasons:
Firstly, the Speaker Azhar Azizan Harun’s admission that the Pandora Papers were important matters of public interest and should be looked into by a Parliamentary Select Committee; and Read the rest of this entry »
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