Archive for category Financial Scandals
Najib intends to roll on, not over
Posted by Kit in Financial Scandals, Najib Razak, UMNO on Saturday, 25 July 2015
Economist
Jul 25th 2015 | KUALA LUMPUR
Soldiering on – Malaysia’s prime minister battles claims of corruption
WHATEVER the truth of them, the accusations levelled against Najib Razak, Malaysia’s prime minister, have astonished a country that some had thought inured to scandal. In early July the Wall Street Journal reported that it had seen documents produced by government investigators suggesting that nearly $700m from companies linked to a troubled state-backed investment fund had been paid into what they believed to be Mr Najib’s personal bank accounts. With worries about an oil-dependent economy, the controversy is the last thing Malaysia needs.
The allegation is that the money was received shortly before the general election in 2013, in which a coalition dominated by Mr Najib’s party, the United Malays National Organisation (UMNO) scraped home, despite narrowly losing the popular vote. The prime minister helped launch the fund, known as 1MDB, in 2009 and chairs its board of advisers. It has acquired land and power plants, yet has struggled to service debts of around $11 billion. The firm’s affairs were already the subject of official investigations, but until this month no one had claimed to have evidence that the prime minister himself had received any money. Read the rest of this entry »
Based on reasons given by Home Ministry for 3-month suspension of The Edge Weekly and The Edge Financial Daily, will 1MDB become a new “sensitive” issue which will attract the full weight of Najib’s law if discussed or mentioned?
Posted by Kit in Financial Scandals, Media, Najib Razak on Saturday, 25 July 2015
The Home Ministry’s secretary-general, Alwi Ibrahim has given three reasons for suspending The Edge Weekly and The Edge Financial Daily for three months, from July 27.
Firstly, the headings and reporting by the two publications has raised questions and created negative public perceptions towards 1Malaysia Development Berhad (1MDB) and also implicated the government and national leaders.
Secondly, the published news reports were based on doubtful and unverified information, which might alarm public opinion and could/might be prejudicial to public order and national interest.
Thirdly, the 1MDB issue is being investigated by an investigation team that has been set up. Therefore, it is inappropriate for the reporting (on the issue) to create negative perceptions and done continuously, and it is unfair for 1MDB and consequently for the government and national leaders.
Based on the reasons given by Home Ministry for the three-month suspension of The Edge Weekly and The Edge Financial Daily, will 1MDB become a new “sensitive” issue which will attract the full weight of Najib’s law if discussed or mentioned? Read the rest of this entry »
Are we allowed to ask what happened to 1MDB?
Posted by Kit in Financial Scandals, Najib Razak on Saturday, 25 July 2015
Zan Azlee
The Malaysian Insider
24 July 2015
Malaysia is being plagued by one of its biggest scandals and it is even getting significant attention from the international community. You know it – the 1Malaysia Development Berhad (1MDB) scandal.
Sure, it’s a difficult issue for a lot of people to understand, me included. Complicated financial transactions and business negotiations can confuse a lot of people, even the experts.
But as the case develops and more media agencies cover the unfolding story, people understand it better and better. And when people start understanding it better, the more questions get asked. Read the rest of this entry »
The least Abdul Rahman should do as BN strategic communications director is to get Najib to declare at the PM’s birthday bash tonight where the RM2.6 billion in his personal bank accounts in AmBank in March 2013 came from and to whom and where they have gone to
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Friday, 24 July 2015
Minister for Urban Well-being, Housing and Local Government, Datuk Abdul Rahman Dahlan will be guilty of the greatest national disservice if the sole agenda of his appointment as Barisan Nasional Strategic Communications Director is to distract attention from Wall Street Journal’s (WSJ) July 2 report that Malaysian government investigators have found US$700 million (RM2.6 billion) deposited into the Prime Minister, Datuk Seri Najib Razak’s personal accounts in AmBank in 2013 just before the 13th General Election instead of helping to establish the facts of the Prime Minister’s alleged RM2.6 billion personal accounts.
Since his sudden appearance as BN Strategic Communications Director the previous Wednesday, Rahman had got so much eggs on his face, and on a daily basis, that it is virtually impossible to find a centimeter on his face which is not egg-splattered – whether because of Rahman’s “God-send” Lester Melyani; Lester’s utterly discredited video confession even before all the parts had been aired publicly; the crazy and counter-productive notion for Malaysian Communications and Multimedia Commission (MCMC) to block access to Sarawak Report (forcing Malaysians to undergo an instant education of how to circumvent official Internet blocks) or the hyping of patriotic and valiant efforts to pry open the RM42 billion 1MDB financial scandal whether by journalists in the Edge or by MPs like Tony Pua and Rafizi Ramli as offences like “activities detrimental to parliamentary democracy”, sabotage, “toppling the elected government” or even treason! Read the rest of this entry »
Useless watchdogs, Tinju Dunia and 1MDB
Posted by Kit in Corruption, Financial Scandals, Judiciary on Friday, 24 July 2015
Rama Ramanathan
The Malaysian Insider
23 July 2015
“It would appear… [that] Cerberus, the mythological three-headed hound guarding the gates of Hell, virtually guided and controlled the destinies of the Bank and held its fortunes in [the hands of the 3 accused]. The analogy is perhaps not inappropriate in view of the canine element injected into these proceedings, what with references to watchdogs, toothless, barkless, spineless, chained and all, Government or otherwise, and not forgetting the Press hounds.”
That quote is from Justice Abdoolcader’s 1976 judgment (upheld on appeal in 1978) at the conclusion of the 2 months long trial of Datuk Haji Harun bin Haji Idris & 2 others.
Abdoolcader explicated various aspects of the law. And, in ripe words, he caricatured the so-called watchdogs: toothless, barkless, spineless, chained. Read the rest of this entry »
Najib is taking Malaysia to his Vision 2020 of a “banana republic” and not a fully developed nation under original Vision 2020
Posted by Kit in Financial Scandals, Najib Razak on Thursday, 23 July 2015
The Prime Minister, Datuk Seri Najib Razak, clearly has a very different Vision 2020 from former premier Tun Mahathir, for from what is happening in recent days, weeks and months, Najib is taking Malaysia to his Vision 2020 of a “banana republic” and not a fully developed nation under the original Vision 2020.
It is only in a “banana republic” where the principles of accountability, transparency and good governance are totally alien in practice, whatever the hifalutin slogans eulogising them, that there is a Prime Minister who could keep dumb for close to three weeks about allegations in an internationally reputable newspaper that Malaysian government investigators have found US$700 million (RM2.6 billion) had been deposited into the Prime Minister’s personal bank accounts just before the previous general elections in 2013, without being frank and truthful where the RM2.6 billion came from, where and to whom they had gone to – as the Prime Minister had tacitly admitted the deposits into his private bank accounts by repeating the refrain in the past three weeks that he had not taken funds for personal gain.
It is only in a “banana republic” that either the entire or the overwhelming majority of the Cabinet is “suspect” and “tainted” of having received improper funding from these personal banking accounts of the Prime Minister for the 13th General Election campaign, and for three weeks, the Ministers dare not make any statement to clear themselves of such impropriety, malpractices and conflict of interest.
No wonder former Prime Minister Tun Dr. Mahathir in his blog “Conspiracy” on 20th July 2015 commented:
“11. To all comments made against 1MDB, the standard answer is to deny, to say “No it is not true.” It is like somebody upon being asked whether he had stolen the money as alleged, simply denies that he had stolen, expecting the judge to acquit him simply because he denied.
“12. There is no denial that money was deposited in the private account. The explanation to UMNO is that it was for the elections. UMNO seems satisfied. Don’t they know that Government money cannot be used to help a political party to win elections? But the money was from donation. Who donated 2 billion Ringgit? No answer.”
Travel ban on MPs, media owner politically motivated, says lawyers’ group
Posted by Kit in Financial Scandals, Human Rights, Media, Parliament on Thursday, 23 July 2015
The Malaysian Insider
22 July 2015
Putrajaya’s move to prevent two lawmakers and a media owner from leaving the country is politically motivated, legal rights advocacy group Lawyers for Liberty (LFL) said today.
Its executive director, Eric Paulsen, said barring opposition MPs Tony Pua and Rafizi Ramli, as well as The Edge Media Group owner Datuk Tong Kooi Ong, from leaving the country was likely due to their criticism and exposes on 1Malaysia Development Bhd (1MDB).
Paulsen said the authorities should remember that freedom of movement was guaranteed under the federal constitution.
Freedom of movement was also subject to security, public order, public health and the punishment of offenders, but Paulsen said these reasons were not applicable to the trio who are barred from leaving Malaysia. Read the rest of this entry »
A Scandal In Malaysia Spurs Credibility Crisis
Posted by Kit in Financial Scandals, Malaysian Dream, Najib Razak on Thursday, 23 July 2015
By Giulia Zino
Forbes
7/21/2015
SINGAPORE – Malaysia has generated a considerable volume of negative press coverage over the past year, but none as eye-catching as the recent scandals surrounding controversial debt-ridden sovereign investment company 1Malaysia Development Berhad (1MDB). After brewing for months, the 1MDB saga took a startling turn on July 2 when the Wall Street Journal published details of leaked bank documents, apparently showing that nearly $700m had been channelled through the investment company and directly into the personal accounts of Prime Minister Najib Razak.
Najib established 1MDB in 2009 with the visionary aim of facilitating investment and trade with the Middle East, and of developing a new financial district in Kuala Lumpur. Najib chairs 1MDB’s board and also heads the Ministry of Finance, which fully owns the company. 1MDB has collected a portfolio of 16 power and desalination plants in Asia and the Middle East and launched two ambitious, high-profile real estate developments in downtown Kuala Lumpur, accumulating debts of MYR 42bn ($11bn) along the way. Critics have centred on the company’s auditing problems: particularly MYR 8.24bn ($2.17bn) allegedly hidden somewhere in the Cayman Islands, its bond issuance program, and allegations that it has overpaid for its Malaysian power assets, essentially bailing out politically connected independent power producers.
The July 2 report dealt a huge blow for the ruling party, the United Malays National Organisation (UMNO), and brought to a head a long-brewing struggle within the party to oust the prime minister. Conservative circles surrounding former prime minister and UMNO kingmaker Mahathir Mohamad have relentlessly tried to eject Najib, whose weakness and unpopularity they view as extremely detrimental for the party’s survival. Najib appears far too compromised to see the end of his term in 2018, even if the multiple ongoing investigations do not directly implicate him in wrongdoings within 1MDB. Read the rest of this entry »
We could not walk away on finding out about the scheme to cheat Malaysia of billions of ringgit
Posted by Kit in Corruption, Financial Scandals, Media, Najib Razak on Tuesday, 21 July 2015
The Malaysian Insider
21 July 2015
The Edge had reported extensively on 1Malaysia Development Berhad (1MDB) in 2013 and 2014 as it emerged that the government-owned entity had run into financial difficulties.
Information was, however, scarce and limited because its annual audited financial reports were consistently late.
Our journalists have met various contacts and pored through whatever available information they could get hold of in search of the truth.
Early this year, we were told someone was willing to share information that will shed light on 1MDB’s joint-venture with PetroSaudi International. We were not told who he was before we met him.
This person, whom we shall not name, showed us thousands and thousands of emails and document attachments. Read the rest of this entry »
“Aye” to Rahman’s new appointment as BN strategic communications director as he has made more than half-dozen strategic errors in six days – at least one a day!
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Tuesday, 21 July 2015
I say “aye” to Urban Wellbeing, Housing and Local Government Minister, Datuk Seri Abdul Rahman Dahlan’s new appointment as Barisan Nasional strategic communications director as he has made more than half-dozen strategic errors in six days – a most admirable rate of one strategic mistake a day.
It will not be easy to find such a bull in a China shop on both sides of the political divide, and it’s a real boon that he has becoming BN strategic communications director.
Just to enumerate half-dozen strategic errors chalked up by the newly-minted BN strategic communications director in his six days in office:
1. To regard former Sarawak journalist Lester Melanyi as a “god-send” not only to end Prime Minister Datuk Seri Najib Razak’s intractable woes from the long-standing 1MBD scandal but an excellent occasion for him to “debut” as Najib’s new right-hand man replacing Jarjis Jamaluddin and Lim Kok Wing. Rahman broke the first rule in failing to check on Lester’s antecedents. Within 48 hours, he acknowledged Lester’s dubious character, which was why he could pen the infamous description “it takes a scum to know another scum”, defaming in the process not only Sarawak Report’s Clare Brown but also the Sarawak leaders of Barisan Nasional and even the Prime Minister himself. Read the rest of this entry »
Will Cabinet tomorrow discuss the violation of Malaysia’s Bill of Guarantee to the world of “No Internet censorship” in blocking access to Sarawak Report or no Minister would dare to express disagreement?
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Tuesday, 21 July 2015
Will the Cabinet tomorrow discuss the violation of Malaysia’s 17-year Bill of Guarantee to the world of “No Internet censorship” in blocking access to Sarawak Report website or no Minister would dare to express disagreement?
In fact, it is not only the Prime Minister, Datuk Seri Najib Razak who is under a “cloud” with regard to his commitment to the principles of accountability, transparency, integrity and good governance (which are supposed to be the foundation principles of his highly-hyped National Transformation Programme), the integrity of the entire Cabinet is also under question.
This will be the first time in Malaysian history that the integrity of the entire Cabinet has come under a cloud.
Yesterday, I asked the newly-minted Barisan Nasional strategic communication director and Minister for Urban Wellbeing, Housing and Local Government, Datuk Abdul Rahman Dahlan whether he could “declare publicly that he and UMNO Sabah had not received a single sen from Datuk Seri Najib Razak’s personal accounts in AmBank for the 13th General Election campaign”, referring in particular to the Wall Street Journal (WSJ) report of July 2 that Malaysian government investigators have found US$700 million (RM2.6 billion) deposited into the Prime Minister’s personal bank accounts in March 2013 just before the dissolution of Parliament and the holding of the 13th General Election.
It is no surprise that there is thunderous silence from Abdul Rahman on this question.
In fact, this question should also be directed to all Ministers in the Cabinet.
Can every Cabinet Ministers declare whether or not he or she had received any funding from Najib through the Prime Minister’s personal accounts in AmBank for the 13th General Election campaigning, and if so, to state the amount and whether the Cabinet Ministers concerned would not participate in any Cabinet discussion or decision relating to the WSJ report on July 2 and 1MDB scandal, in view of their conflict-of-interest position? Read the rest of this entry »
I never realise that we may have a Cabinet Minister who is a “world beater” in having the world’s lowest IQ for Ministers
Posted by Kit in Corruption, Financial Scandals, IT, Najib Razak on Monday, 20 July 2015
I never realise that we may have a Cabinet Minister who is a “world-beater” in having the lowest IQ for Ministers in the world.
This thought struck me when I was told about the New Straits Times report today entitled “’Can DAP deny Pua’s alleged links to Justo?’”
The NST report reads:
“Lim Kit Siang and the DAP leadership have been challenged to deny Tony Pua’s involvement with former PetroSaudi International Ltd former executive Xavier Andre Justo.
“’Can Lim Kit Siang and DAP leadership deny that Tony Pua (DAP Petaling Jaya Utara member of parliament) has nothing to do with Justo and not involved in any way?
“”Yes or no?’ Barisan Nasional strategic communication director Datuk Abdul Rahman Dahlan posted on Twitter yesterday.”
I am completely befuddled.
I thought Pua could not be clearer when he answered Rahman who asked the first time early this month whether the DAP MP for PJ Utara had met Justo. Read the rest of this entry »
Zahid owes Malaysians an explanation and apology for the canard that “several Malaysians” had directed Justo to tamper with the PSI emails and documents when it is not true
Posted by Kit in Financial Scandals, Najib Razak, Police, Zahid on Sunday, 19 July 2015
The Wall Street Journal (WSJ) report and allegation of July 3, 2015 that Malaysian government investigators have found US$700 million (RM2.6 billion) deposited into Prime Minister Datuk Seri Najib Razak’s personal bank accounts in AmBank in March 2013 just before the dissolution of Parliament and the holding of the 13th General Election was a stone that killed two birds – both a boon and a bane for the UMNO/BN coalition.
It was boon for the besieged MARA Chairman, Datuk Seri Annuar Musa, the Minister for Rural and Regional Development, Datuk Seri Salleh Apdal and to a lesser degree, the Prime Minister himself for it completely overshadowed the breaking story of the RM100 – 200 million MARA Inc property corruption in Melbourne.
Calls for the sacking of the MARA Chairman and Board of Directors for their gross negligence and irresponsibility over MARA Inc’s property corruption scandal in Australia were completely drowned by the tidal waves created by the WSJ report. (Has Annuar, whose tenure as MARA Chairman ended yesterday, been rewarded with re-appointment as MARA Chairman?)
But it was more of a bane for the powers-that-be in the UMNO/BN coalition for it virtually killed the painstakingly-orchestrated campaign to turn the tables after some five years of being under attack on the 1MDB scandal and to go on the offensive by fully exploiting the arrest in Thailand of the Swiss national and former IT executive of PetroSaudi International (PSI), Xavier Andre Justo on June 22. Read the rest of this entry »
Malaysia should develop a “hysteria index” to monitor which Minister is the most hysterical in the defence of the Prime Minister in face of mounting exposes about the 1MDB and other scandals
Posted by Kit in Financial Scandals, Najib Razak, UMNO on Saturday, 18 July 2015
A new political phenomenon seems to have developed in Malaysian politics especially at the Cabinet level – with the competition among Ministers as to who could become more hysterical in the defence of the Prime Minister, Datuk Seri Najib Razak in the face of mounting exposes about the 1MDB and other scandals.
Without going too far back in time, the two Ministers competing to be the most hysterical Minister in the past three days are indisputably the Minister for Urban Wellbeing, Housing and Local Government Datuk Abdul Rahman Dahlan and the Minister for Communications and Multimedia, Datuk Ahmad Shabery Cheek.
Self-styling himself as Barisan Nasional strategic communications director (which no other BN leader apart from Najib would have heard of), Abdul Rahman went into an overdrive in championing a dubious mercenary character thinking that he could deliver a “killer blow” to the Opposition and therefore found a path leading to his unstoppable political elevation to the stratosphere of Najib’s political empire. Read the rest of this entry »
By Abdul Rahman’s logic, I should have paid money for the so-called “info” about 1MDB, reckless about the mercenary’s motivation and the info’s veracity and demand Najib should accept them as gospel truth!
Posted by Kit in Financial Scandals, Politics on Saturday, 18 July 2015
A few days ago, I received a call and the person on the other side of the line said he had all the info about the 1MDB scandal and asked whether I was interested.
When I said yes, he said he needed money and when I told him clearly and unmistakably that these are two separate issues which I am not prepared to link together, the caller ended the phone conversation. I have not heard from him since.
Have I acted wrongly?
The overnight Barisan Nasional strategic communications director, Datuk Abdul Rahman Dahlan, Minister for Urban Wellbeing, Housing and Local Government might think so, which is probably why he has suddenly become the champion of the dubious information offered by a dubious character regarding it as “pay dirt” and questioning the honour, honesty and credibility of those who had tried to pry open the biggest financial scandal in the nation’s history – the RM42 billion 1MDB scandal.
Abdul Rahman was so pachydermous that he even had the temerity to claim that he is emulating me when he tweeted: “When BN questioned the credibility of DAP’s sources, @limkitsiang always quick to say “Don’t shoot the messenger, focus on the message!” So?” Read the rest of this entry »
As scandal rocks Malaysian government, B.C. pushes LNG deal with state-owned gas giant
Posted by Kit in Financial Scandals, Najib Razak, Oil on Saturday, 18 July 2015
By Warren Bell in Opinion | July 15th 2015
National Observer
Christy Clark is recklessly planning on linking the next generation in BC to the Malaysian government, which in the last few days has headed into the worst financial and political scandal in its recent history – the latest in a long history of questionable government behaviour.
The B.C. legislature is now sitting, at Premier Clark’s behest, in a rare summer session whose sole purpose is passing legislation to facilitate a sweetheart financial deal with Petronas, the giant Malaysian oil and gas company. Petronas wants to build a massive plant to liquefy fracked gas on tiny Lelu Island in the center of prime salmon habitat at the mouth of the Skeena River.
Petronas is wholly owned by the Malaysian government (which has been controlled by a single ruling coalition, Barisan Nasional, for the last 50 years). Petronas supplies the Malaysian government with as much as 45 per cent of its budget, according to Reuters. Read the rest of this entry »
Sarawak Report refutes allegations that it forged information
Posted by Kit in Corruption, Financial Scandals, Media on Friday, 17 July 2015
Bernard Cheah
Sun
16 July 2015
PETALING JAYA: Sarawak Report (SR) has refuted claims that a Lester Melanyi had written for the whistleblower site or had forged information for it.
“Let us confirm. Lester Melanyi has never ever written a word for Sarawak Report – sorry Lester, but we are out of your league,” Sarawak Report editor Clare Rewcastle-Brown said in a short comment piece on the website.
She was referring to the report that Barisan Nasional strategic communications director Datuk Abdul Rahman Dahlan had urged the authorities, including Interpol, to act against SR for falsifying information concerning 1Malaysia Development Berhad (1MDB).
Abdul Rahman was reported saying that he had been approached by an individual with a video that SR staff doctored the papers in an effort to criminalise Prime Minister Datuk Seri Najib Abdul Razak and 1MDB with malicious intent.
The person in the video is believed to be Melanyi. Read the rest of this entry »
Gani Patail should withdraw from 1MDB task force, say former A-G, lawyers
Posted by Kit in Constitution, Corruption, Financial Scandals, Police on Thursday, 16 July 2015
V. Anbalagan
The Malaysian Insider
16 July 2015 7:00 AM
A former attorney-general has urged top government lawyer Tan Sri Abdul Gani Patail to disassociate himself from the task force investigating the prime minister over the 1 Malaysia Development Berhad (1MDB) scandal, saying this will enhance public perception and integrity into the probe.
Tan Sri Abu Talib Othman’s views were also shared by lawyers who said Attorney-General Gani should not be part of the investigation or else his office would not be seen as being independent.
Gani currently heads the task force which is investigating the alleged irregularities in 1MDB and the RM2.67 billion allegedly channelled into Datuk Seri Najib Razak’s personal bank accounts.
The task force also comprises the Malaysian Anti-Corruption Commission, Bank Negara Malaysia (BNM) and police. Read the rest of this entry »
If Husni is so sure that the AG’s interim report on 1MDB clears PM’s of the WSJ allegation, will he ask the Cabinet tomorrow to release the report to MPs and the public so that Malaysians can heave a big sigh of relief that Najib has got one allegation less?
Posted by Kit in Financial Scandals, Najib Razak, Parliament on Tuesday, 14 July 2015
The second Finance Minister, Datuk Seri Husni Hanadzlah is being totally dishonest and dishonourable to claim innocence for the Prime Minister, Datuk Seri Najib Razak to Wall Street Journal (WSJ) charges from the Auditor-General’s (AG) interim report on 1MDB when the AG’s report is under lock and key and not released to MPs and the public.
In a statement today, Husni said as the preliminary report by the Auditor-General has found no evidence of wrongdoing, the “reckless allegations by some parties, including the disappearance of RM42 billion and transfer of US$700 million to a certain individual, do not arise”.
He said: “It is my hope that all baseless allegations will be put to rest. We have to remain patient and look forward to the final report by the A-G and the Public Accounts Committee (PAC).”
If Husni is so sure that the Auditor-General’s preliminary report cleared Najib of the WSJ allegation about the US$700 million or RM2.6 billion deposited into Najib’s personal bank accounts in AmBank, he should ask the Cabinet tomorrow to release the AG’s preliminary report to the public.
At least the 30 million Malaysians can heave a big sigh of relief that the Prime Minister is free from the WSJ allegation, at least one allegation less from the mountain of allegations of Prime Ministerial misconduct and impropriety dogging Najib’s every step. Read the rest of this entry »
Replace the “special task force” of four Tan Sris with a Royal Commission of Inquiry of three Tuns – Mahathir, Abdullah and Musa – to get to the bottom of the WSJ allegations
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Monday, 13 July 2015
Bank Negara Malaysia (BNM) is to be commended for its swift and prompt denial at allegations that its officials were behind the leak of information concerning the 1Malaysia Development Berhad’s (1MDB) funds.
Denying the allegations, the bank said it had lodged a police report concerning the
Malaysia Today blog on Saturday naming three central bank officials who it said leaked information on the money trail.
In a statement yesterday, the central bank said such allegations were without basis.
It said “Bank Negara Malaysia remains steadfast in our quest to uncovering the truth in a fair and just manner,” and that it will investigate any potential breaches to the laws it administers.
“In discharging its accountability, the bank is not aligned to any faction and will not betray the trust of the public.”
I believe the overwhelming majority of Malaysians appreciate this statement by Bank Negara and are asking why the Prime Minister, Datuk Seri Najib Razak cannot emulate the example of Bank Negara and make swift and prompt denial if an allegation is untrue. Read the rest of this entry »
-
You are currently browsing the archives for the Financial Scandals category.
