Archive for category Najib Razak
Liow’s admission that the Cabinet did not discuss Hadi’s private member’s bill or RUU 355 yesterday is a shocking confession of spineless misconduct and abdication of responsibility of the five MCA, Gerakan and MIC Ministers
The admission by the MCA President and the Transport Minister, Datuk Seri Liow Tiong Lai that the Cabinet yesterday did not discuss the Federal Government-led Syariah Courts (Criminal Jurisdiction) Act amendments is a most shocking confession of spineless misconduct and abdication of responsibility of the five MCA, Gerakan and MIC Ministers in Cabinet.
Are we going to repeat the rigmarole of previous Parliaments where UMNO Ministers gave priority to PAS President Datuk Seri Hadi Awang’s private member’s bill and greeted by dutiful dismay by MCA, Gerakan and MIC Ministers and MPs who feigned shock claiming that they did not know of such a move beforehand?
Is an UMNO Minister going to propose government takeover of Hadi’s private member’s bill in the current meeting of Parliament, and MCA, Gerakan and MIC Ministers going to jointly put up a farce that they had never agreed to such a parliamentary move in Cabinet and therefore need not assume any responsibility?
How can Liow claim that “there’s no new development on the RUU 355 Bill” when the Deputy Prime Minister, Datuk Seri Zahid Hamidi announced last week that the government will take over Hadi’s private member’s bill at the current meeting of Parliament?
Liow and the other four MCA, Gerakan and MIC Ministers are really presenting real-life spectacle of the traditional monkeys with eyes that see not, ears that hear not and mouths that speak not! Read the rest of this entry »
I will officially write to Najib to propose that the government sponsor an essay or social media posting competition on “Is Malaysia a global kleptocracy and what we should do about it?”
The UMNO Information Minister Tan Sri Annuar Musa has proved that he is a cheapskate, low-class and irresponsible politician when he offered RM10,000 for the best essay or social media posting entitled “LKS is a racist, anti-Islam and a dictator of 51 years, is it true?”.
Responsible and respectable politicians only make serious allegations against others when they have proofs and evidence, but Annuar Musa does the opposite and belongs to the dishonourable category who hurl allegations at others and then look for evidence to substantiate the allegations.
Annuar’s proposal of a RM10,000 essay contest is the strongest proof that Annuar had no evidence whatsoever when he alleged that I am “anti-Malay and anti-Islam” and he is now trying to look for evidence to substantiate his allegations.
Annuar must be condemned by all right thinking Malaysians, whether in government or in Opposition, for it is such people who bring disgrace and dishonour to politics and strengthen the popular belief that politics is dirty, when it is dirty politicians like Annuar who are prepared to go to any lengths to achieve political mileage, regardless of how irresponsible, unscrupulous or immoral the means they employ.
However, I want to thank Annuar for the idea of an essay or social media posting, which should not be misused or abused as in Annuar’s case, but should be used to promote a good national cause. Read the rest of this entry »
By BRADLEY HOPE and TOM WRIGHT
Wall Street Journal
March 21, 2017
U.S. authorities intend to file criminal charges against Mr. Low, according to people familiar with the investigation, but haven’t disclosed potential timing
U.S. authorities intend to file criminal charges against a financier in connection with an international scandal rooted in Malaysia that they believe could be one of the largest financial frauds ever, according to people familiar with the matter.
The scandal involves a state fund called 1Malaysia Development Bhd., or 1MDB, and the focus of the criminal investigation is Jho Low, a flamboyant financier the U.S. Justice Department portrayed in civil asset-seizure lawsuits last July as central to an alleged plot to siphon billions of dollars from the fund.
The civil suits, which are proceeding separately from the criminal probe, seek more than $1 billion of assets, including van Gogh and Monet paintings and luxury real estate in New York and Los Angeles, allegedly bought with stolen money. The Justice Department is currently seeking to add recently discovered Low family property to the list of assets it is trying to seize, including a yacht Mr. Low controls, the $165 million, 300-foot, helipad-equipped Equanimity, people familiar with the U.S. investigation said.
In addition, Singapore has been building a potential criminal case against Mr. Low, said a person involved in the city-state’s investigation. A Justice Department team has just finished a visit to Singapore to conduct interviews related to Mr. Low and other aspects of the 1MDB matter, said two people familiar with the trip. Read the rest of this entry »
Tony Pua has won 2-0 in the first round of “Open Letter War” with Johari Abdul Ghani – would the second Finance Minister dare to try to gain the upper hand in new rounds of “Open Letter War”?
I would adjudge DAP PJ MP for PJ Utara Tony Pua as having won 2-0 in the first round of “Open Letter War” with second Finance Minister, Datuk Johari Abdul Ghani.
Would the second Finance Minister dare to try to gain the upper hand in new rounds of “Open Letter War” with Pua?
Johari made three critical mistakes in his opening salvo of the “Open Letter War” with Tony.
No patriotic Malaysian would endorse Johari’s call to Pua to give the 1MDB scandal “a rest”, allegedly on the ground that “the folks of Petaling Jaya Utara elected you (Pua) as their MP to do better things than just being obsessed with 1MDB”.
I believe the voters of PJ Utara, as well as patriotic Malaysians all over the country, want Pua and DAP leaders not to fly the white flag but to continue to demand accountability and good governance over the international multi-billion dollar 1MDB money-laundering scandal – or Malaysians must be resigned to the mockery, ridicule and odium of the world in living in a global kleptocracy.
I am prepared to organize a series of walkabouts in PJ Utara and accompany Johari and Pua to visit the people of PJ Utara to ascertain whether they want the 1MDB issue to given “a rest” on the ground that their MP should not be “obsessed” with 1MDB.
All that Johari needs to do is to give the signal that he is prepared to take part in such a 1MDB walkabout of PJ Utara, and I will arrange the rest. Read the rest of this entry »
Do the four MCA/Gerakan Ministers agree with the four-day remand of Kuan Yau for his “vulgar, vituperative and vitriolic” Facebook posting?
I am not surprised by “Superman” Hew Kuan Yau’s arrest by the police, as this had been the yearning of MCA and Gerakan leaders since Kuan Yau’s appearance on the ceramah circuit exposing MCA and Gerakan hypocrisies whether in government or outside.
But I am very surprised and even shocked that Kuan Yaw has remanded for four days for his Facebook posting against the Prime Minister, Datuk Seri Najib Razak and his wife Datin Rosman Mansor.
This is an open-and-shut case which does not justify any single day of remand, unless we have the most inefficient, incompetent and unprofessional police force, which I do not believe.
This leaves only one explanation left – a gross abuse of powers to detain Kuan Yau, a way to punish Kuan Yau for being a fierce and popular critic of MCA and Gerakan in the ceramah circuit in the past few years.
Kuan Yau’s four-day remand may warm the cockles of the hearts of MCA and Gerakan leaders and die-hards, but if they understand justice and fair play, they know it is very wrong to abuse powers just to take vengeance against anybody. Read the rest of this entry »
I do not endorse Kuan Yau’s language on his Facebook which is vulgar, vituperative and vitriolic but it is no crime and no basis to arrest him or to deploy scarce police resources against him
I was shocked to learn of “Superman” Hew Kuan Yau’s arrest by the police in Penang on my way from Parliament to Malim Nawar, on the basis of a police report by Johor Jaya MCA branch.
He will be brought down from Penang to Johor Baru by the police for investigations against him.
I visited Kuan Yau’s Facebook as it was the subject of Johor Jaya MCA police report report against Kuan Yaw.
I do not endorse Kuan Yaw’s language on his Facebook which is vulgar, vituperative and vitriotic but it is no crime, and definitely no basis to arrest him or to deploy scarce police resources against him.
On the way here, I read of the Open Letter by the second Finance Minister, Datuk Seri Johari Abdul Ghani to DAP MP for PJ Utara, Tony Pua, calling for “ceasefire” on the 1MDB scandal and suggesting that everybody should give the 1MDB scandal a “rest”.
While I look forward to Tony Pua’s reply to Johari tomorrow, I do not think that national interests will be served by giving a “rest” to the 1MDB international money-laundering scandal when every day the 1MDB scandal is making waves and news headlines all over the world – as it is the largest kleptocratic scandal in the world in recent times. Read the rest of this entry »
Malaysia is deeply mired in a “kleptocratic culture” when a person removed as Minister for money politics and corruption could be appointed FELDA Chairman for five years
Malaysia is deeply mired in a “kleptocratic culture” when a person removed as a Minister for money politics and corruption could be appointed FELDA Chairman for five years. And he is still today the top man of a key FELDA conglomerate!
It is this kleptocratic culture, unknown in Malaysia under the first five Prime Ministers of the country, which has plunged the country into the infamy and ignominy of being regarded and ridiculed worldwide as a “global kleptocracy”.
There had been problems of good governance and democracy in the relationship between the Felda settlers and the Felda bureaucracy in the early years of Felda, and I had spoken on these Felda ssues in Parliament in the very first year that I entered Parliament 45 years ago in 1972, but Felda problems and grievances never reached the kleptocratic level as in the past several years.
This is clear and evident when we see Felda brought low by a sea of problems, not only with many important Felda officials arrested and charged for corruption by the Malaysian Anti-Corruption Commission (which is probably only the tip of the iceberg of the problem of kleptocracy in Felda) but the slew of FELDA problems besetting Felda settlers, whether concerning Felda Global Ventures (FGV), Perumahan Generasi Kedua, GSA, education, etc. Read the rest of this entry »
16 March 2017
1MDB: The Year of Reckoning
As the international investigation into the billion-dollar graft scandal at 1MBD deepens, the Malaysian fund itself is remarkably calm. The country’s political opposition faces an uphill battle to change that.
1MDB, which is ultimately under the purview of Prime Minister Najib Razak, has been an island of calm amid a sprawling investigation which has shuttered two banks in Singapore, jailed and barred bankers, and revealed an asset haul including a now-grounded private jet and financing for a Hollywood blockbuster co-produced by the PM’s stepson.
The fund’s board hasn’t met in nearly one year, nor validated any profit-and-loss accounts for a whopping five years, Tony Pua, a spokesman for Malaysia’s opposition, said in Kuala Lumpur on Wednesday, according to «Sarawak Report».
Razak and Malaysia have insisted that 1MDB didn’t suffer any damages, a view that is echoed among legally-minded bankers in Singapore. This view is difficult to reconcile with the depth, scale and detail of the U.S. probe, the largest kleptocracy investigation in the country’s history. Read the rest of this entry »
10 areas where a “Malaysia Reset” must be undertaken, but only if Najib, UMNO and BN are toppled in the 14GE
Fifty one years ago, when the DAP was formed, nobody would have expected that we would be so strong, confident and even formidable as evidenced by the high-spirited turn-out of DAP leaders and activists from the various parliamentary constituencies in Penang for the launch of the Penang DAP election machinery for the next general election today – all ready for the great electoral battle in the 14GE, expected to be held in September this year.
If the recent publicity offensives of the UMNO/BN leaders, propagandists and cybertroopers are to be believed, DAP should today be a very disunited, dispirited and diffident party in the midst of a national crisis and on the verge of disintegration and disaster – and we would never have been able summon such a large turnout of highly-spirited and highly-motivated DAP leaders and activists all ready for the 14GE, whenever it is held.
In the first general election contested by DAP in 1969, DAP secured 286,000 votes which was increased six times to 1.7 million votes in the 2013 General Election, which was one-third of the total of 5.6 milllion votes secured by Pakatan Rakyat, while the UMNO/Barisan coalition secured only a minority popular vote of 47%.
This is not a record of a political party on the verge of disaster, disintegration or decline, but a party which has reasons to be confident of achieving greater political changes in Malaysia because of the strong and sustained support of Malaysian voters.
This year Malaysians will be celebrating our 60th National Day to commemorate the nation’s attainment of Independence on August 31, 1957.
In the past six decades, Malaysia failed to live up to the promises of Merdeka in 1957 for the country to be an example and showcase to the troubled world as to how diverse races, languages, religions, cultures and civilisations could successfully co-exist and integrate to build a united, harmonious, purposive, democratic, just, progressive and prosperous nation.
The 60th National Day anniversary is a fit and proper moment for the nation to undertake a “Malaysia Reset” movement, where we keep policies and measures which had done good to the country but correct or even abandon policies and measures detrimental to the nation or which had damaged the nation building process. Read the rest of this entry »
Let Najib show Malaysians the money trail of RM2.6 billion “donation” into his personal banking account – where the monies came from and where they have gone to – during Ministers’ Winding up in Parliament next week
The Prime Minister, Datuk Seri Najib Razak said in Parliament yesterday that Saudi Arabian King Salman’s visit to Malaysia had put to rest lies about Malaysia.
I do not know what Najib was referring to, but there is no doubt that to the 31 million Malaysians, the most important question which King Salman could have cleared up and “put to rest” and which he failed to do, is about the RM2.6 billion “donation” deposited into Najib’s personal banking accounts before the 13th General Election in March 2013.
The Prime Minister had said that the extraordinary amount of RM2.6 billion was a “donation” from the Saudi Arab royal family, although this is doubted not only by informed opinion in Malaysia but the whole wide world as well.
When I spoke in Parliament yesterday in the royal address, I said that UMNO Ministers and leaders have been trying to exploit the four-day visit of King Salman of Saudi Arabia to Malaysia as proof that there was nothing hanky-panky about the RM2.6 billion in Najib’s personal banking account in 2013, and even claiming that Salman’s silence could only mean confirmation that the RM2.6 billion in Najib’s personal banking account had come from Saudi Arab royal circles.
I had in Parliament described such claims are “nonsensical and preposterous”. Read the rest of this entry »
March 11, 2017
Nicolas Giannakopoulos got fired, said Swiss newspaper Le Temps, which also said the former deputy director of the University Security Observatory in Geneva (OUS) is being investigated for his role in a pro-1MDB seminar held in Geneva.
The focus of the enquiry is the origin of the funds he invested in a seminar on Malaysia’s scandal rigged 1MDB, which is considered the biggest financial scandal of the decade.
Giannakopoulos, who is also the President of the Observatory of Organized Crime (OCO), claimed to Sarawak Report that he organised the event to discuss the real issues behind the 1MDB and that he is working for the Office of the Swiss Attorney General (OAG).
In an email response to The Independent a couple of days ago, the OAG said it does not deal with individuals who are irrelevant to the 1MDB or to any other investigation it is engaged in. Read the rest of this entry »
March 10, 2017
The Office of the Attorney General of Switzerland (OAG) denied that it discussed confidential matters regarding the 1MDB scandal with any individuals.
The response from the OAG is in reply to The Independent’s request for clarification on a Swiss citizen claiming to have had such discussions with the Swiss AG.
The Independent carried a report yesterday on claims by Sarawak Report that it was duped into taking part in a pro-Malaysian government seminar on 1MDB. Read the rest of this entry »
March 9, 2017
Sarawak Report, the blog that officially broke the scandalous 1MDB story said yesterday that it might have been the victim of a Malaysian government’s ‘Black Ops’ in England.
Along with the blog’s editor Claire Rewcastle Brown, the major opposition parties in Malaysia was also conned believing an event held in Switzerland was an open forum to discuss critical issues related to 1MDB and its harmful impacts.
In a lengthy detail of the what it called the ‘undercover ops’ headed by a PR firm close to the Barisan Nasional (BN) government in Malaysia, the Sarawak Report editor narrates the facts and pins the blame on Malaysian Prime Minister Najib Razak. Read the rest of this entry »
The ousting of South Korean President by Parliament and an unanimous decision by eight judges is sober reminder to Malaysians of the need to restore rule of law and separation of powers where we can also impeach the Prime Minister if he runs afoul of the law and the Constitution
The biggest news today is not North Korea but South Korea, the unanimous decision by eight judges of South Korea’s Constitutional Court endorsing the decision of the South Korean Parliament to impeach and remove President Park Geun-hye from office over a graft scandal involving the country’s conglomerates.
Park becomes South Korea’s first democratically elected leader to be forced from office, capping months of paralysis and turmoil over the corruption scandal that also landed the head of the Samsung conglomerate in detention and on trial.
As Lee Tae-ho, who leads a movement to oust Park that has held mostly peaceful rallies in downtown involving millions, told a large gathering in Seoul earlier today: “We did it. We the citizens, the sovereign of this country, opened a new chapter in history.”
Park was stripped of her powers after parliament voted to impeach her but has remained in the president’s official compound.
The court’s acting chief judge, Lee Jung-mi, said Park had violated the constitution and law “throughout her term”, and despite the objections of parliament and the media, she had concealed the truth and cracked down on critics.
South Korea’s Constitutional Court ruling to uphold parliament’s Dec. 9 vote to impeach her marks a dramatic fall from grace of South Korea’s first woman president.
She no longer has immunity and could now face criminal charges over bribery, extortion and abuse of power in connection with allegations of conspiring with her friend, Choi Soon-sil.
What is significant and remarkable is that the Seoul market’s benchmark KOSPI index .KS11 and the South Korean won currency rose after the ruling by the Constitutional Court.
As a senior economist and analyst explained it, “the hope is that this will allow the country to have a new leader that can address long-standing challenges such as labor market reforms and escalated geopolitical tensions.”
What happened in South Korea – the ousting of South Korean President by Parliament and an unanimous decision by eight judges – is a sober reminder to Malaysians of the need to restore rule of law and separation of powers in Malaysia where we can also impeach the Prime Minister if he runs afoul of the law and the Constitution. Read the rest of this entry »
Call on all patriotic Malaysians, regardless of race, religion, region or politics to unite in 14 GE to “Write History, Create Miracle” to “Save Malaysia” from kleptocracy and hurtling towards a failed and rogue state
Tonight’s good crowd at the Bersatu Pribumi Ceramah Perdana is a good beginning for a nation-wide movement to “Save Malaysia” from now to the next General Election expected to be held this year, probably in September.
I call on all patriotic Malaysians, regardless of race, religion, region or even politics, to unite in the 14GE to “Write History, Create Miracle” to “Save Malaysia” from kleptocracy and hurtling towards a failed and rogue state.
I said in Parliament in November that kleptoracy is a government of 3Ps – Pencuri, Perompak and Penyamun.
I do not think any patriotic Malaysian, regardless of race, religion, region or even politics, want Malaysia to become a kleptocracy and they become citizens of 3P kleptocracy.
I had put a question at the current meeting of Parliament asking the Prime Minister, Datuk Seri Najib Razak, as to what steps the government has taken to cleanse and restore the good name and reputation on Malaysia from being regarded as a global kleptocracy.
Unfortunately, instead of answering one of the most important questions confronting Malaysians today, my question was rejected by the Speaker, Tan Sri Pandikar Amin Mulia as violating Standing Order 23(1)© which states that “a question shall not contain any argument, interference, opinion, imputation, epithet or misleading, ironical or offensive expression nor shall a question be frivolous or asked seeking information on trivial matters”. Read the rest of this entry »
Call on 15 Non-UMNO Ministers out of the 35-strong Najib Cabinet to submit to Najib their resignation from the Cabinet which is to take effect the moment Hadi’s private member’s bill motion is given government priority and comes up in Parliament for debate and vote
UMNO Secretary-General Tengku Adnan Tengku Mansor has said that he is confident that UMNO’s allies in Barisan Nasional will finally accept UMNO’s explanation and understand the government’s decision to give priority to Hadi’s private member’s bill on RUU 355 and not only to support it, but to take one step further, for the Barisan Nasional government to take over Hadi’s private member’s bill after Hadi’s private member’s bill motion had been passed by Parliament.
Recently, the Minister in the Prime Minister’s Department, Datuk Seri Jamil Khir Baharom said that Hadi’s Private Member’s Bill to amend the Syariah Courts (Criminal Jurisdiction) Act (Act 355) enabled the government to circumvent the due constitutional process, as requiring consensus from all states, the National Islamic Council and the Rulers’ Conference.
This is what Jamil said: “You can’t bring it to the Rulers Conference if you don’t have consensus from 14 states, but a private member’s bill requires only one state or one person to table it.”
Jamil said that when Hadi’s private member’s bill motion moves to the second reading stage, it would be taken over by the government and read out by him.
Furthermore, the International Trade and Industry Deputy Minister, Datuk Seri Ahmad Maslan said that BN component parties will not be able to object to amendments to the Syariah Courts (Criminal Jurisdiction) Act (Act 355) once the bill is taken over by the Federal Government, as the BN component parties are compelled to support the bill as part of the ruling coalition.
From these statements from the three UMNO leaders, it is crystal clear that the Barisan Nasional Federal government will give priority to Hadi’s private member’s bill motion in the current meeting of Parliament to be debated and voted on after the debate on the Royal Address, although MCA, Gerakan, MIC and Sabah/Sarawak BN parties claim that they oppose Hadi’s private member’s bill motion as violating the Malaysian Constitution and the Barisan Nasional consensus principle. Read the rest of this entry »
Utusan Malaysia a real disgrace to Malaysian journalism – not a word of my reply to Najib’s “Ali Baba” attack on DAP although it devoted almost half a page to Najib’s attack
Utusan Malaysia is a real disgrace to Malaysian journalism.
There is not a word of my reply to Prime Minister Datuk Seri Najib Razak’s “Ali Baba” attack on the DAP although it devoted almost half a page in words and pictures to Najib’s attack on me.
Utusan Malaysia virtually carried in full Najib’s speech in Sindumin, Sabah on Saturday repeating the lie that I had reached a secret deal with Tun Mahathir where Mukhriz will be the Prime Minister and I the Deputy Prime Minister, and using that to mount further attacks on me, alleging that I would be the “most powerful individual”, that the Deputy Prime Minister would be deciding who is to be the Prime Minister if Pakatan Harapan and Bersatu succeeds in ousting UMNO/BN from Putrajaya and the Federal Government; and that this is a “ali baba” arrangement.
I have been in Malaysian politics for 51 years, but I had never asked any of the first five Prime Ministers – Tunku Abdul Rahman, Tun Razak, Tun Hussein, Tun Mahathir and Tun Abdullah – to see a psychiatrist, until yesterday when I asked Najib to see a psychiatrist.
This is because Najib is building a monumental structure of arguments based on a Big Lie – that Tun Mahathir and I had reached a secret deal where Mukhriz would be Prime Minister and I would be Deputy Prime Minister if Pakatan Harapan and Bersatu wins Putrajaya in the 14GE. There is no such agreement, as I had never discussed with Mahathir the questions as to who would be Prime Minister and Deputy Prime Minister if Pakatan Harapan and Bersatu defeat UMNO/BN in the 14th GE – and the purported secret meeting between Mahathir and myself on 3rd December 2016 never took place.
I challenge Najib to name the place and time of this so-called Dec. 3, 2016 meeting where Mahathir and I struck a secret deal that Mukhriz would be Prime Minister and I the Deputy Prime Minister? Read the rest of this entry »
The biggest “Ali Baba” partnership in Malaysia is the “Najib-Jho Low” axis which has catapulted the country to a global kleptocracy with the largest worldwide financial scandal in recent times
I am very intrigued why the Prime Minister, Datuk Seri Najib Razak has decided to pull out all the stops and launched into an unrestrained and unjustified attack on me when in Sindumin, Sabah yesterday.
What is the cause?
Has Najib given the “green light” for the holding of sudden Sabah state general elections and he is setting an example of the wild and unrestrained attacks which BN Sabah leaders should launch against the opposition in an attempt to preserve UMNO/BN power in Sabah state?
We will know soon enough whether there will be snap polls in Sabah.
However, even the imminence of a snap polls for the Sabah state assembly could be no justification for the unprincipled and baseless attacks which Najib launched against me in Sabah yesterday.
Najib said that I would be taking up the position of Deputy Prime Minister should UMNO/Barisan Nasional are ousted from Putrajaya and there is a change of Federal power in the 14th General Elections.
Apart from the truth that UMNO/BN may be ousted from Putrajaya and Federal power in the forthcoming general elections by Pakatan Harapan plus Bersatu, the rest of Najib’s attacks on me are a tissue of lies and falsehoods.
Why should a Prime Minister of a country stoop so low as to indulge in such lies and falsehoods in attacking the Opposition? Is Najib so desperate in his fear of being ousted as Prime Minister and losing the Federal government that he has lost all sense of proportion and moral scruples? Read the rest of this entry »
King Salman could not say RM2.6 billion in Najib’s personal banking account was his donation because Saudi Arabian king knows that the US DOJ legal suit to confiscate US$1 billion 1MDB-linked assets had traced the “to and fro” money trail of the RM2.6 billion
UMNO Ministers and leaders have been trying to exploit the four-day visit of King Salman of Saudi Arabia to Malaysia as proof that there was nothing hanky-panky about the RM2.6 billion in the Prime Minister, Datuk Seri Najib Razak’s personal banking account in 2013, and even claiming that Salman’s silence could only mean confirmation that the RM2.6 billion in Najib’s personal banking account had come from Saudi Arab royal circles.
These claims are of course nonsensical and preposterous, and as I said in Johor Baru four days ago, the most significant thing about King Salman’s visit to Malaysia was not what was said or done by the Saudis, including the signing of the US$7 billion (RM31 billion) agreement by Saudi Aramco to take a 50 per cent stake in Petronas’ Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang but what was not said about the RM2.6 billion “donation” in Najib’s personal bank accounts.
I am not surprised that an UMNO leader said that this was my most “dungu” (idiotic) remark to date, for what intellectual capability can one expect from the UMNO leadership when an UMNO Minister could tell ten lies in a short five-paragraph statement while the UMNO Information leader could tell more than eight lies in another short statement, and both of them dared not accept my challenge to a joint media conference for me to point out their lies one by one?
UMNO leaders who claim the Saudi Arabia’s King Salman’s visit to Malaysia is a sort of vindication of Najib’s innocence in the RM2.6 billion donation scandal have too low an opinion of both King Salman and the Malaysian public.
There is no way that Salman is unaware of Najib’s RM2.6 billion donation and RM52 billion 1MDB scandal is Najib’s greatest Achilles’ heel. Just google-search “1MDB” and you will get 3.7 million results in 2.8 seconds.
The reason why Salman could not say RM2.6 billion in Najib’s personal banking account was his donation is very simple – the Saudi Arabian king knows that the US Department of Justice (DOJ) legal suit to confiscate US$1 billion 1MDB-linked assets, is a public document in black and white, and it had traced in detail the “to and fro” “money trail” of the so-called RM2.6 billion “donation”, establishing beyond a shadow of doubt that they could not be a donation from Saudi Arabian royal circles. Read the rest of this entry »
Friday, 3 March 2017
Malaysian financier Jho Low is alleged to be the mastermind behind the convoluted labyrinth of offshore vehicles involved in pilfering billions from 1MBD. Has he done too good a job at hiding the assets?
U.S. prosecutors allege that billions were pilfered from Malaysia’s 1MDB. Instead of financing the country’s development, prosecutors allege that millions were spent on luxury hotels like the Park Lane in New York, fine art by Vincent Van Gogh and Claude Monet, a recording catalogue and even financing for the Hollywood blockbuster «The Wolf of Wall Street».
The scandal has engulfed Swiss banks, many of whom acted as a pass-through in Singapore for money to move elsewhere, though the scandal has also reached Zurich itself.
The fate of hundreds millions in luxury assets is currently being duked out in a Los Angeles courtroom, where Jho Low and his family are trying to stop assets being seized by U.S. officials. Read the rest of this entry »