Archive for category Najib Razak
Najib has achieved what all the five previous Prime Ministers have failed to do in getting Malaysia into the world’s top 20 nations – joining the club of global kleptocracy in short span of 5-6 years!
It should be a great start for the launching of the National Transformation 2050 (TN50) journey with the first town hall dialogue of the Prime Minister Datuk Seri Najib Razak with 500 youths at the Tunku Chancellor in University of Malaya and telecast live to the nation.
But anybody following the TN50 launch-off live from their homes and offices would have realized that there is something missing in the air of the Prime Minister’s dialogue – detracting from the event’s authenticity, bona fides and relevance.
What was wrong and missing about the TN dialogue was brought to the fore when the Prime Minister in his ending remarks called on the youths to ensure that Malaysia get into the world’s top 20 nations.
But Najib had achieved what all the five previous Prime Ministers – Tunku Abdul Rahman, Tun Razak, Tun Hussein, Tun Mahathir and Tun Abdullah – have failed to do in getting Malaysia into the world’s top 20 nations. Joining the club of global kleptocracy in a short span of five to six years! Read the rest of this entry »
Why is Najib leading the UMNO/BN charge and campaign of fear, hatred and lies in the run-up to the 14GE unless he feels that this is the only formula to save himself in the next general election?
I am surprised by the speech by the Prime Minister, Datuk Seri Najib Razak in Kedah on Tuesday night that regardless of whether DAP has the top government post, the party will still “call the shots” and run the show if UMNO/BN is defeated in the 14th General Election.
Najib said: “Democracy and politics are a game of numbers. Who has the most seats, wins. Even if the top post of the government is not given to it, the party with the most seats will effectively rule.”
My surprise at Najib personally leading the charge and campaign of fear, hatred and lies in the run-up to the 14th General Election is for two reasons:
Firstly, has Najib such poor strategists among his election and propaganda advisers that he is personally leading the UMNO/BN charge and campaign of fear, hatred and lies in the run-up to the 14th General Election instead of leaving such “dirty work” to his subordinates, which will give him leeway for deniability of personal approval or even knowledge as Prime Minister and UMNO/BN President for such “gutter politics”, which are most unworthy of the Prime Minister of the nation?
Secondly, has Najib become so desperate that he might lose the 14th General Election requiring him to move out of Putrajaya to the Opposition benches in Parliament, that he has now thrown scruples to the winds by leading the charge and campaign of fear, hatred and lies in a last-ditch effort to save his political office in Putrajaya so as to pack the maximum amount of explosives into such wild and baseless charges?
The ordinary laymen and women in Malaysia can see through Najib’s gambit as evident from the following typical reactions to the Prime Minister’s speech in Kedah: Read the rest of this entry »
Matt Nippert, business investigations journalist.
New Zealand Herald
Jan 18, 2017
An Auckland courtroom will on Friday become a battleground over Manhattan penthouses and a private jet amid allegations that they are the proceeds of a globe-spanning mega-fraud.
The High Court at Auckland is set down to hear a request from relatives of controversial Malaysian financier Jho Low who oppose the seizure of assets worth $230 million alleged by the United States Department of Justice to be the proceeds of crime.
US court filings said the relatives are beneficiaries of a number of New Zealand trusts that are claimed to directly own a number assets caught up the probe of a Malaysian sovereign wealth fund known as 1MDB.
US Attorney General Loretta Lynch said in July when the DoJ first filed its seizure claims that $5 billion had been misappropriated from the Malaysian state with payments by 1MDB diverted into private Swiss bank accounts and then laundered into artwork, Hollywood films and real estate.
“We are seeking to forfeit and recover funds that were intended to grow the Malaysian economy and support the Malaysian people. Instead, they were stolen, laundered through American financial institutions and used to enrich a few officials and their associates,” she said.
Financier Low is one of three individuals named in the DoJ action as receiving the proceeds of the alleged fraud. The others are a Hollywood producer and step-son of Malaysia’s current Prime Minister, and a former government official from the United Arab Emirates. Read the rest of this entry »
Mustapha not speaking the truth or in his true self when he said Malaysia must “move on” from 1MDB scandal when the law in Malaysia is neither taking its course nor the authorities in Malaysia allowed to go after those responsible for creating the international money-laundering scandal
The Minister for International Trade and Industry, Datuk Mustapha Mohamad had discovered that wherever he went, even at the annual World Economic Forum in Davos, Switzerland, he would be pursued, hounded and haunted by the international multi-billion dollar 1MDB kleptocratic money-laundering scandal which would not leave him in peace.
Mustapha is as wrong as the Prime Minister, Datuk Seri Najib Razak who declared in his 2016 New Year Message on Dec. 31, 2015 that his RM55 billion 1MDB and RM2.6 billion donation twin mega scandals had been resolved and were no more issues when the International Trade and Industry Minister said Malaysia must “move on” from the 1MDB scandal.
AFP quoted Mustapha saying “We’ve learned many lessons and we are moving forward” from the scandal, and said:
“Essentially we have to move on and we have confidence that a number of issues that came to limelight as a result of 1MDB will at some point, be behind us.
“We have the authorities to go after those responsible for creating the mess. The law is taking its course.”
Mustapha is not speaking his true self as he should know more than anybody else that it is not true that the Najib government had “learnt many lessons” from the 1MDB scandal and that “the law is taking its course” and that the “authorities” are going after “those responsible for creating the mess”.
Mustapha’s statement in Davos needs an important qualification as the law in Malaysia is not taking its course, and the authorities in Malaysia are not going after “those creating the mess”. Read the rest of this entry »
Generation of “false news” and “big lies” about DAP by UMNO leaders and cybertroopers an index of their growing desperation about loss of credibility and public support because of rampant corruption, economic crisis and worsening racial and religious polarisation
It is ironic but true – the generation of “false news” and “big lies” about the DAP by UMNO leaders and cybertroopers are not a reflection of confidence and hope, but the contrary, an index of their growing desperation about loss of credibility and public support because of rampant corruption, economic crisis and worsening racial and religious polarization – particularly among the Malays in the country.
Just before I came to this dialogue, I was reading about the latest UMNO cybertrooper attack on me – ridiculing the statement by the Deputy Amanah Youth Leader Faiz Fadzil “yang berkata DAP yang hanya bertanding di 51 daripada 222 kerusi Parlimen tidak mampu menerajui kepimpinan negara jika pembangkang menang dalam pilihan raya umum ke 14” by twisting what I said on 31st December that “I expect DAP to double the number of Parliamentary and State Assembly constituencies to be contested in the 14GE as compared to 13GE”.
Yes I did say about expecting the DAP to “double” the number of parliamentary and state assembly seats to be contested in the 14GE, but I was not talking about Malaysia as a whole but specifically about Sabah state, where DAP contested in four parliamentary and eight state assembly seats in the 13GE.
A person who is honest, sincere, pious and God-fearing would not have twisted what I said, for it was very clear that I was referring to doubling the seats contested in Sabah and not Malaysia-wide, unless the UMNP cybertrooper has a very low IQ – but this is the quality of UMNO leaders, propagandists and cybertroopers attacking the DAP who have to be liars to tell downright lies and falsehoods about DAP leaders which cannot stand scrutiny or challenge at all! Read the rest of this entry »
BY SHERIDAN MAHAVERA
South China Morning Post
15 JAN 2017
Civil activists in the country enjoyed US support under Obama, but the incoming president’s anti-China stance may require him to turn a blind eye to Najib’s domestic agenda
After eight years with an influential friend in the White House, Malaysian civil society groups are bracing for the worst when Donald Trump takes over on January 20.
During outgoing President Barack Obama’s two terms, human rights advocates, democracy groups and anti-corruption activists had cultivated warm relations with US officials in Kuala Lumpur, even meeting the 44th US president on his visit to the capital last year – the first by any sitting US president.
In that time, Washington’s tacit support for their causes had been a crucial morale booster during a period of regular clampdowns by the administration of Malaysian Prime Minister Najib Razak, who himself was eager to curry favour with the US leader.
But now they fear a shift in US priorities by a Trump administration that is likely to view Malaysian civil liberties as of relatively low diplomatic priority. Or even worse, that a US, which no longer champions democracy and human rights, might provide moral cover for Najib to further suppress freedoms. Read the rest of this entry »
One of the first things a new Federal Government in Putrajaya replacing the UMNO/BN will do after the 14GE will be to set up a Royal Commission of Inquiry to “chase down every penny from 1MDB”
At the official launch of Parti Pribumi Bersatu Malaysia (Bersatu) in Shah Alam last night, PPBM Chairman Tun Dr. Mahathir Mohamad said PPBM would “chase down every penny from 1MDB”.
I have no doubt that one of the first things a new Federal Government in Putrajaya replacing the UMNO/BN will do after the 14th General Election will be to set up a Royal Commission of Inquiry to “chase down every penny from 1MDB”.
In fact, if we have a Cabinet which is patriotic and protective of the good name of Malaysia, the top priority of the agenda of the next Cabinet meeting on Wednesday should be on how to purge and clear the country of the infamy and ignominy of being regarded worldwide as a “global kleptocracy”.
I said in Parliament that a kleptocracy is a government of 3Ps – Pencuri, Perompak and Penyamun.
I do not believe that any patriotic and proud Malaysian would stand idly by and do nothing when the country is defamed worldwide as a “global kleptocracy”!
I also do not believe that the first four Prime Ministers of Malaysia, Tunku Abdul Rahman, Tun Razak, Tun Hussein and Tun Mahathir would have stood idly by and done nothing if Malaysia had been defamed and regarded worldwide as a global kleptocracy during their premiership.
Even the fifth Prime Minister, Tun Abdullah would also have acted to defend the honour and reputation of Malaysia if the country is defamed world-wide as a global kleptocracy!
Why then has the Cabinet done nothing in the past three years to put the ghost of 1MDB scandal to rest, instead allowing the country to be battered, haunted and hounded by the issue, which has aggravated the host of political, economic and nation-building crisis of confidence confronting the country? Read the rest of this entry »
The entire mega Cabinet of 36 Ministers should resign collectively on Wednesday if it is not prepared to come to grips with the roiling international 1MDB kleptocratic money-laundering scandal and appoint a Royal Commission of Inquiry on 1MDB scandal
In his 2016 New Year message more than a year ago on 31st December 2015, the Prime Minister Datuk Seri Najib Razak told Malaysians that his RM50 billion 1MDB and RM2.6 billion donation twin mega scandals had been resolved and were no more issues.
Najib could not be more wrong as the Malaysian government and people continue to be haunted and hounded by the international multi-billion dollar 1MDB kleptocratic money-laundering scandal.
In the past 12 months, Malaysia went from the third “worst corruption scandal of 2015” by international website foreignpolicy.com in the last week of 2015, to second worst example of global corruption by Time magazine in March last year, second place in the index of crony capitalism by the Economist’s ranking in May, and full-blown “global kleptocracy” when in July, the US Department of Justice (DOJ) filed the largest kleptocratic lawsuits to forfeit US$1 billion of 1MDB-linked assets in the United States, United Kingdom and Switzerland from US$3.5 billion international 1MDB kleptocratic embezzlement and money-laundering scandal.
There has been no let-up of the incessant international battery and assault of Malaysia’s credibility and reputation in the new year of 2017. Read the rest of this entry »
Cabinet’s greatest tribute to Adenan legacy is to uphold both word and spirit of Malaysian Constitution, Malaysia Agreement 1963 and Rukunegara principles of an incorruptible, secular and harmonious multi-racial and multi-religious nation
The greatest tribute that the Federal Cabinet could pay to the Adenan Satem legacy is to uphold both the word and spirit of the Malaysian Constitution, the Malaysian Agreement 1963 and the Rukunegara principles of an incorruptible, secular and harmonious multi-racial and multi-religious nation.
I call on the Cabinet at its meeting next Wednesday to take concrete steps to uphold both the word and spirit of the Malaysian Constitution, the Malaysia Agreement 1963 and the Rukunegara principles to establish an incorruptible, secular and harmonious multi-racial and multi-religious nation, for it is precisely because we have deviated from the bedrock principles enshrined in the Malaysian Constitution, Malaysia Agreement 1963 and Rukunegara that the country has lost its way and entrapped in a swamp of political, economic and nation-building scandals.
Instead of building greater unity among the diverse races, religions, languages and cultures which have made Malaysia their home, we have allowed irresponsible and reckless people to create even greater disunity by aggravating racial and religious polarisation in the country. Read the rest of this entry »
Should Malaysia emulate China and have an Operation Fox-hunt and Sky-net to bring economic or corruption fugitives like Jho Low and others back to justice in Malaysia?
The new year has been a bumpy one for Malaysia, with the international multi billion dollar 1MDB kleptocratic money-laundering scandal continuing to make waves and headlines worldwide.
The Australian Federal Police has announced that they are working with international law enforcement agencies to investigate companies associated with the 1MDB scandal – joining at least half a dozen countries, including Switzerland, Singapore and the United States, which have initiated criminal or legal actions concerning the international 1MDB money-laundering scandal.
In Singapore, the fourth banker had been convicted by Singaporean courts in relation to 1MDB-related accounts – Jens Fred Sturzenegger, a Swiss national and branch manager of the Falcon Private Bank in Singapore who pleaded guilty to six charges related to Singapore’s probe on 1MDB.
Sturzeneggar was sentenced to 28 weeks jail and fined S$128,000.
Falcon Private Bank is owned by Abu Dhabi’s International Investment Company (Ipic) and its Singapore operations was shut down by Monetary Authority of Singapore (MAS) in October last year for failing to fulfil anti-money laundering controls and improper conduct by the bank’s senior management.
Singaporean prosecutors had told the court Malaysian businessman Jho Low had control over four accounts with the bank.
According to Channel News Asia, Sturzenegger pleaded guilty to charges of failing to report potentially criminal transactions involving billions of dollars and for lying to authorities to protect Low’s financial interest.
He was also charged for lying to MAS officers to distract them from probing bank accounts controlled by Low by claiming that the accounts were “beneficially owned” by Eric Tan Kim Loong, a known associate of Low’s.
Sturzenegger was said to have lied to investigators about never having made contact with Low. Read the rest of this entry »
by Andrea Tan
January 11, 2017
Sturzenegger is first foreigner charged in Singapore’s probe
Former Falcon Bank branch manager charged with 16 counts
Jens Sturzenegger, a former branch manager at Falcon Private Bank Ltd. in Singapore, became the first foreigner convicted in the city’s probes linked to a Malaysian state investment fund.
Sturzenegger, 42, pleaded guilty to six charges, including failing to report suspicious transactions, and was sentenced to 28 weeks in jail and fined S$128,000 ($89,000). Prosecutors had sought a jail term of as long as 32 weeks. His lawyer Tan Hee Joek said in court that Sturzenegger is remorseful and didn’t gain financially from the offenses. Tan said after the hearing his client won’t appeal the sentence. Read the rest of this entry »
By P.R. VENKAT
Wall Street Journal
Jan. 11, 2017
The former branch manager is the fourth person to go to prison in the city-state’s probe of a Malaysian state investment fund
A Singapore court Wednesday sentenced a former branch manager of Switzerland’s Falcon Private Bank AG to prison for crimes connected to the alleged multibillion-dollar misappropriation at Malaysian state investment fund 1MDB.
Jens Sturzenegger, 42, a Swiss national who managed Falcon’s Singapore unit, was charged last week with 16 offenses under various laws, including one that requires banks and their officers to enact due-diligence checks on clients to prevent money laundering.
The court Wednesday handed a 28-week prison sentence and a fine of 128,000 Singapore dollars (US$89,000) to Mr. Sturzenegger after he pleaded guilty to six offenses. These include three counts of providing false information to police and central bank authorities, and three counts of failing to report suspicious transactions. The remaining charges were taken into consideration in his sentencing but won’t be pursued separately by the prosecution.
While the charges didn’t directly link Mr. Sturzenegger to fund flows at 1Malaysia Development Bhd., Singapore’s central bank and regulator had said in October that the branch manager had been arrested that month in connection with the city-state’s probe into the alleged misappropriation of billions of dollars from the Malaysian fund. Prosecutors have called the investigation Singapore’s largest-ever probe of alleged money laundering. Read the rest of this entry »
Will Malaysia slide down to its lowest ranking and score in 22 years in Transparency International’s Corruption Perception Index 2016 which will be released in a fortnight’s time?
Will Malaysia slide down to its lowest ranking and score in 22 years in Transparency International’s (TI) Corruption Perception Index (CPI) 2016 which will be released in a fortnight’s time?
I do dread the TI CPI 2016 release, as the past year had been one of the worst years on the corruption front for Malaysia.
Malaysia which dropped four places in the TI CPI 2016, falling from No. 50 to No. 54, and the CPI score slipped from 52 in 2014 to 50 in 2015, would have fallen lower in ranking in TI CPI 2015 if five countries, Bahamas, Barbados, Dominica, Puerto Rico and St Vincent – which had been ranked higher than Malaysia – had not been excluded due to technical reasons like not meeting three minimum secondary sources for research.
The TI CPI 2015 had not taken into account the last bad news on the Malaysian corruption front on the last few days of the 2015, when Malaysia was rated third in international website, foreignpolicy.com’s “worst corruption scandal in 2015”. Read the rest of this entry »
10th January 2017
1Malaysia Development Bhd (1MDB), founded by Malaysian Prime Minister Najib Razak, is the subject of money laundering investigations in at least six other countries including Switzerland, Singapore and the United States.
Civil lawsuits filed by the US Department of Justice allege more than $US3.5 billion ($4.76 billion) was misappropriated from the fund.
The lawsuits seek to seize $US1 billion ($1.36 billion) in assets allegedly siphoned off from 1MDB and diverted into luxury real estate in New York, Beverly Hills and London, valuable paintings, and a private jet.
Mr Najib, who also chaired 1MDB’s advisory board, has denied wrongdoing and said Malaysia would cooperate with international investigations.
“The AFP is aware of allegations relating to companies associated with 1MDB and have assisted our foreign law enforcement partners with their investigations in relation to a number of these matters,” the AFP told Reuters. Read the rest of this entry »
Let Mohd Faiz, Harith Iskander, Mohd Ridzuan and Ziyad Zolkein be exemplars of world-beaters for Malaysians
Events in the first ten days of the new year have given both hope and dejection about the future of Malaysia.
Standing head and shoulders above all other events in the first 10 days is undoubtedly Penang footballer Mohd Faiz Subri’s clinching of the Fifa Puskas Award for the most beautiful goal of 2016, putting his name on the same list as past winners such as famed football stars Christiano Ronaldo and Neymar.
The 29-year-old Penang striker has indeed brought joy to millions of Malaysians thousands of kilometres away when Mohd Faiz was handed the award for his spellbinding free kick at a glittering ceremony in Zurich yesterday.
Mohd Faiz created history as the first Asian to be bestowed the gong named after Ferenc Puskas, the Hungarian football legend who enjoyed huge success with Real Madrid during the 1950s and 60s as well as his national team.
Last year Harith Iskander won the Funniest Person in the World competition in Finland while Malaysia won two gold medals in the Rio Paralympics, one by Mohamad Ridzuan Mohamad Puzi in men’s 100m T36 and the other by Ziyad Zolkefli in the men’s F20 shot putt.
On the dark side, Malaysia ascended the world chart to become a “global kleptocracy”.
Mohd Faiz’s success is an inspiration to all Malaysians to regain confidence in themselves and the nation to aim to be among the best in the world – not to be mediocre or worse, heading towards a failed and a rogue state.
Let Mohd Faiz, Harith Iskander, Mohd Ridzuan and Ziyad Zolkein be exemplars of world-beaters for Malaysians. Read the rest of this entry »
Leslie Lopez Regional Correspondent In Kuala Lumpur
JAN 7, 2017
The Malaysian government is laying the groundwork to shut down 1Malaysia Development Berhad (1MDB), the state investment firm mired in a scandal that has become the most serious blight on Prime Minister Najib Razak’s administration at home and abroad.
Under a plan spearheaded by a high-level government unit called the Budiman committee, the assets of the state development fund will be transferred in the coming months to two companies owned by the Finance Ministry.
These valuable assets are two massive plots of land in Kuala Lumpur and one on Penang island. Read the rest of this entry »
I will be surprised if 99% of the civil servants at Prime Minister’s Department monthly assembly today were not thinking of three things, Malaysia’s ill-repute as global kleptocracy, 1MDB and “MO1” when they heard Najib’s speech this morning
I will be surprised if 99% of the civil servants at the Prime Minister’s Department monthly assembly this morning were not thinking of three things, Malaysia’s ill-repute as global kleptocracy, 1MDB and “MO1” when they heard the Prime Minister, Datuk Seri Najib Razak’s speech this morning.
In his speech, Najib said the recent arrests made by the Malaysian Anti-Corruption Commission (MACC) are a reminder to civil servants against wastage.
Najib said wastage “is equal to taking away what belongs to the people,” and he reminded those in government that they cannot take away the people’s rights.
The founder of Center to Combat Corruption & Cronyism (C4), Cynthia Gabriel and Bersih chairperson Maria China were spot-on when they responded to Najib’s speech by urging the Prime Minister to lead by example on his reminder to civil servants this not to take what rightfully belongs to the people. Read the rest of this entry »
Three mini-political earthquakes in Sabah and Malaysian political landscape to lead to the major political earthquake in the 14GE to change the government in Sabah and Putrajaya
The launching of the Pakatan Harapan Sabah this morning is one of the three mini political earthquakes to lead to the major political earthquake in the 14th General Election expected this year to peacefully and democratically change the government in Sabah and Putrajaya.
As Mat Sabu, the President of AMANAH, said just now, the issue is not whether one is a Sabahan or not, but whether the political leaders asking for popular support are men and women of integrity.
The next general election should be a choice between democracy or kleptocracy; good governance or injustices and abuses of power.
In the past year or so, Malaysia had become a global kleptocracy – which I said in Parliament is a government of 3Ps, Pencuri, Perompak and Penyamun. Equally shocking, Sabah has emerged as the most kleptocratic state in Malaysia.
In the last few days, the Malaysian Anti-Corruption Commission (MACC) arrested a Federal Ministry Secretary-General and a few millions of ringgit were found in his possession – but this was small fry compared to the tens and hundreds of millions of ringgit which the MACC found when it raided two top officers of the Sabah Water Department in October during the Sabah Watergate scandal!
China has caught and imprisoned “tigers” and Indonesia “crocodiles” in their anti-corruption campaigns but the Malaysian MACC has still to net and jail a single “shark”, and unless the MACC can net the “political sharks” in the fight against corruption, the focus on civil servants will not take Malaysia’s anti-corruption campaign very far.
There must a clean, honest and dedicated political leadership, both at the national and state levels.
Sabahans are entitled to ask why with Sabah’s vast wealth and natural resources, poverty in Sabah is so acute and abject with Sabahans among the poorest in the country. Read the rest of this entry »
Liow should explain how MCA could reconcile its public stand to oppose Hadi’s private member’s bill with Najib’s announcement that Barisan Nasional government will vote in support of Hadi’s private member’s bill motion in March Parliament and government take over Hadi’s bill?
There is a rule of thumb in political exchanges that personal attacks or character assassination is the last resort of political opportunists and scoundrels who have run out of arguments based on facts and reason, and this is what the MCA President Datuk Seri Liow Tiong Lai resorted to when he launched a ferocious personal attack on me, accusing the DAP as a privately-owned “Kit Siang & Son Sdn. Bhd” and not a political party.
I can understand Liow’s frustration and exasperation, but it is no justification nevertheless for him to resort to personal attacks and character-assassination.
What was Liow frustrated and exasperated about?
The latest incident was the MCA leadership’s total inability to respond to my statement on Thursday catching Liow “red-handed” in saying one thing to the Chinese but giving a totally different impression to the Malays – which is the height of political dishonesty and chicanery at work in plural Malaysia. Read the rest of this entry »
Jan 7th 2017
The opposition has a chance to strike
A ROUND of applause, ladies and gentlemen. Any typical leader of a typical democracy, when found with nearly $700m of ill-explained money from an unnamed foreign donor in his accounts, would experience a swift and fatal fall. Yet, nearly two years after news first broke that Najib Razak’s bank balance had been thus plumped up, his high-wire act continues.
You could even argue that the Malaysian prime minister, who denies any wrongdoing, is at the top of his game. Mr Najib appears to command the unstinting loyalty of the party, the United Malays National Organisation (UMNO), which leads the coalition that has ruled the country since independence in 1957. He has undermined a fractious opposition, not least by peeling an Islamist party away from it. And as investigations proceed in several other countries into the alleged bilking of colossal sums from 1MDB, an indebted state investment-fund whose advisory board Mr Najib once chaired, the prime minister himself remains untouched. Staying in power helps stave off any risk he might face of international prosecution. A general election is due by late August 2018, but perhaps Mr Najib will call a snap poll in the next few months to give himself several more years’ rule. Read the rest of this entry »