Archive for category Najib Razak
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?
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Wednesday, 11 January 2017
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 »
1MDB scandal: Federal Police assisting probes into Malaysia’s wealth fund
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Tuesday, 10 January 2017
ABC News
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
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Tuesday, 10 January 2017
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 »
Malaysian government prepares to wind up 1MDB amid scandal
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Monday, 9 January 2017
Leslie Lopez Regional Correspondent In Kuala Lumpur
Straits Times
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
Posted by Kit in Corruption, Najib Razak on Monday, 9 January 2017
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
Posted by Kit in Corruption, Elections, Najib Razak, Pakatan Harapan, Sabah on Monday, 9 January 2017
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?
Posted by Kit in Constitution, Corruption, Gerakan, Islam, MCA, MIC, Najib Razak, Parliament on Saturday, 7 January 2017
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 »
Najib Razak appears secure, but looks can deceive
Posted by Kit in Corruption, Financial Scandals, Islam, Najib Razak on Saturday, 7 January 2017
Banyan
Economist
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 »
Malaysia starting the new year not just with double whammy but a multitude of whammies!
Posted by Kit in Corruption, Economics, Najib Razak, UMNO on Friday, 6 January 2017
The Prime Minister, Datuk Seri Najib Razak’s hint to the first Cabinet meeting of the year on Wednesday that 2017 is going to be an “interesting year” has already been more than fulfilled in the first five days of the year.
The new year in the past five days started not just with a double whammy but a multitude of whammies, including:
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The Malaysian ringgit currency starting the new year with a new record low of RM4.5002 against the US dollar since the 1998 Asian financial crisis, signifying very tough economic year for Malaysians;
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The gutting of the Malaysian Anti-Corruption Commission (MACC) although it was already quite impotent to fighting grand corruption. No “tiger” or “crocodile” had been caught by the MACC,but there seems a “devil’s bargain”: that the MACC is given the green light to go after civil servants so long as they leave the politicos and their “favourite” civil servants alone.
Tan Sri Alwi Jantan’s mournful poem “Cry my Beloved Country” is the plaintive cry of all patriotic Malaysians who love Malaysia and grievously hurt at the harm we have done to ourselves
Posted by Kit in Najib Razak, nation building on Friday, 6 January 2017
When I received on the WhatApps a poem “Cry my Beloved Country” by “Alwi Jantan, Perth, 1st January 2017”, I wanted to be sure that it was penned by Tan Sri Alwi Jantan himself, and not a “fake”.
I took pains to check its veracity and I was vindicated when I spoke to the 81-year-old former top civil servant himself, and he confirmed that he had himself written the poem.
Born in Dungun, Terengganu on 16th April 1935, Alwi had a long civil service career belonging to the first Merdeka generation of public servants, starting in the civil service in August 1958, and who went on to serve as Director-General of National Archives and Library Malaysia in 1971; Selangor State Secretary (1972-76); Secretary-General of three Ministries, namely Local Government and Federal Territory, Health and Agriculture; Deputy Secretary-General of Prime Minister’s Department (1981-1984), ending his public service career as Director-General of Public Services Department (PSD) (1987-1990).
Alwi’s mournful poem “Cry my Beloved Country” to ring in the New Year of 2017 for a very troubled Malaysia is the plaintive cry of all patriotic Malaysians who love Malaysia and grievously hurt at the harm we have done to ourselves.
This is Alwi’s “Cry my Beloved Country” on behalf of Malaysians, regardless of race, religion or region – a cry deep from the heart of grieving Malaysians in the run-up to the 60th anniversary celebrations for the Proclamation of Merdeka on August 31, 1957:
Read the rest of this entry »
Nur Jazlan should produce the papers to prove that Najib is entitled to use government jet to gallivant around the world with his family
Posted by Kit in Najib Razak on Thursday, 5 January 2017
Deputy Home Minister Nur Jazlan Mohamed has claimed that the Prime Minister, Datuk Seri Najib Razak is entitled to use the government jet to gallivant around the world with his family.
I am not convinced and I challenge Nur Jazlan to produce the papers and documents to prove Najib has such entitlements as Prime Minister.
Let Malaysians have a full accounting of the Australian end-of-the-year holiday trip of the Prime Minister, his family and whoever were on the junket, the destinations and the costs of the jet-abouts involved.
Since the Prime Minister had the use of the government jet before the Australian trip, as he was in Kuantan, Kuching and Tawau attending the Pahang Federation of Chinese Association dinner in Kuantan, the Batang Sadong bridge launch in Kuching and the launching of the Sabah section of the Pan-Borneo Highway in Tawau, Najib should explain why he could not slot into his itinerary to attend the Christian Federation of Malaysia (CFM) Christmas High-Tea so that he would not be absent from such a significant function in a multi-religious Malaysia for three consecutive years in a row. Read the rest of this entry »
Who is Najib’s Goebbels? Is he prepared to emerge from the darkness and come into the light to identify himself and explain why he is masterminding so many “fake news” and “false stories” about critics and the Opposition?
Posted by Kit in Corruption, DAP, Mahathir, Najib Razak on Thursday, 5 January 2017
It is indeed supreme irony that the Prime Minister, Datuk Seri Najib Razak, should kick off the new year warning about “fake news” and “false stories” as a grave problem in the country, when it is the UMNO leaders, propagandists and cybertroopers and the country’s mainstream media like New Straits Times and Utusan Malaysia which are the worst culprits in concocting and disseminating fake news and false stories about critics and the Opposition.
Their action befits the Chinese saying about “Thief shouting thief” which basically means to divert the attention of others so as to cover up one’s misdoings
In the fifth day of the new year, we already have several examples of such “fake news” and “false stories” perpetrated by UMNO leaders, propagandists, cyberbtroopers and sycophants and I shudder to think of the mountain of lies, “fake news” and “false stories” that will be concocted this year in the run-up to the 14th General Election, which can be held anytime between May and October.
Najib gave the “official launch” for the UMNO/BN campaign of “fake news” and “false stories” – a classic “thief shouting thief” act reminiscent of the Nazi “Big Lies” propaganda offensive – in his UMNO Presidential Speech on Nov. 30, telling three “Big Lies”, viz:
1. That the 14th General Elections will be a contest between UMNO and DAP;
2. That the DAP is anti-Malay or anti-Islam.
3. The “nightmares” Malay will suffer if UMNO loses power in the next general elections.
Najib’s three “Big Lies” would make Hitler’s Propaganda Minister, Joseph Goebbels, green with envy as it was Goebbels who gave the following definition of Nazi’s Big Lies offensive: “Make the lie big, make it simple, keep saying it, and eventually they will believe it”.
There no need to repeat my rebuttal of Najib’s Three Nazi-style “Big Lies” which the Prime Minister and his propaganda team had not been able to refute. Read the rest of this entry »
Diminished in 2016, what lies ahead for Malaysia?
Posted by Kit in Corruption, Elections, Najib Razak, UMNO on Tuesday, 3 January 2017
REVIEW 2016
PAULINE NG
Business Times Singapore
Tuesday, January 3, 2017
Kuala Lumpur
TO many, 2016 was a year of diminishment for Malaysia.
Not only has the ringgit’s value declined considerably, public confidence and consumer sentiment have waned noticeably. Meanwhile, the 1MDB financial scandal has also diminished Malaysia in the eyes of the international community.
Unless credibility is restored, the regression is expected to continue in 2017 amid great uncertainties – one of which are the policies of the mercurial Donald Trump who will be sworn in as US president later this month.
New leaders could also emerge in Europe as Germany and France head to the polls in the coming months. Read the rest of this entry »
UMNO leaders and propagandists as well as mainstream media are the worst culprits in concocting and disseminating fake news and false stories about critics and the Opposition
Posted by Kit in Najib Razak, UMNO on Tuesday, 3 January 2017
It is the irony of ironies.
The Prime Minister, Datuk Seri Najib Razak, kicked off the new year warning about “fake news” and “false stories” as a grave problem in the country, loyally echoed by his propaganda lieutenant, the Communications and Multimedia Minister, Datuk Seri Said Keruak Salleh who dutifully warned “a most unpredictable and probably ‘dangerous’ year” because of “fake stories” being spread about Malaysia, but it is the UMNO leaders, propagandists and cybertroopers including the country’s mainstream media like New Straits Times and Utusan Malaysia who are the worst culprits in concocting and disseminating fake news and false stories about critics and the Opposition.
Their action befits a Chinese saying about “Thief shouting thief” which basically means to divert the attention of others so as to cover up one’s misdoings. Read the rest of this entry »
Who’s Had the Worst Year? How Asian Leaders Fared in 2016
Posted by Kit in Foreign, Najib Razak on Tuesday, 3 January 2017
And some of the headaches they face in 2017.
by David Tweed | Bloomberg
December 29, 2016, 7:07 AM GMT+8
In a year dominated by Brexit and Donald Trump’s surprise U.S. election win, Asia felt like a relatively stable part of the world. A closer look shows that the region endured its own seismic events in 2016, from a Philippine leader embracing China to massive street protests in Seoul to the elimination of 86 percent of India’s hard currency.
Here we look at how key leaders performed. They are listed in order of the size of their economy. Read the rest of this entry »
MACC is only allowed to net ikan bilis but not ikan yus (sharks) in Malaysia
Posted by Kit in Corruption, MCA, Najib Razak on Monday, 2 January 2017
The end of the year underlines one important aspect about the anti-corruption campaign in Malaysia – the Malaysian Anti-Corruption Commission (MACC) is only allowed to net ikan bilis but not the ikan yus (sharks) in Malaysia, or the MACC itself will be targeted by the powers-that-be in the country and those responsible will be punished and disempowered.
This was highlighted by the end-of-the-year corruption news of the “transfer out” of the six senior officers in the MACC Special Operations Division (Bahagian Operasi Khas – BOK) who were directly involved in the SRC International investigations.
As reported by Malaysiakini, the six who were transferred out included Tan Kang Sai, the division’s deputy.
The special division was formed in 2010 to handle high-profile cases as well as cases involving corruption of more than RM1 million.
Two from the team were transferred out in October, while the rest, including Tan, were removed this month. Some of the posts vacated by those transferred out of the special unit have not been filled.
According to Malaysiakini, four of them had been transferred to MACC’s investigation division, while others were transferred to state MACC offices and other government agencies. Read the rest of this entry »
Malaysian Leader Najib Razak Promised Openness, but Dissent Over 1MDB Stifled
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Saturday, 31 December 2016
By YANTOULTRA NGUI, CELINE FERNANDEZ and PATRICK BARTA
Wall Street Journal
Dec. 30, 2016
Government uses assortment of laws to silence critics of its handling of global scandal over state fund
KUALA LUMPUR—Graphic designer Fahmi Reza is facing up to two years in prison. His problem? He painted red clown lips on a picture of Malaysian Prime Minister Najib Razak and sent it around.
Mr. Najib pledged a new era of civic freedom when he came to power seven years ago in a country known for penalizing political foes. Instead, his government has become increasingly intolerant of critics as it tries to limit fallout from a sprawling corruption scandal related to a state economic-development fund.
International investigators believe associates of the prime minister siphoned billions of dollars from the fund, known as 1Malaysia Development Bhd., or 1MDB. The U.S. Justice Department has moved to seize $1 billion of assets prosecutors say were purchased with money misappropriated from the fund.
Mr. Najib and 1MDB have denied wrongdoing and promised to cooperate with lawful investigations. The Malaysian attorney general early in 2016 cleared Mr. Najib of wrongdoing.
While pledging to investigate 1MDB fully, Mr. Najib’s government recently has silenced critics under an assortment of laws, arresting dozens. It has barred some from traveling abroad. The government also shut down a probe related to 1MDB by Malaysia’s anticorruption agency, which, according to a person familiar with the matter, had called for criminal charges against Mr. Najib. Read the rest of this entry »
Democracy in Southeast Asia: A Conversation Between Michael Vatikiotis and Bridget Welsh
Posted by Kit in democracy, Human Rights, Mahathir, Najib Razak on Saturday, 31 December 2016
ASEAN Studies Program
The Habibie Center
Jakarta
[Journey through the ebbs and flows of democracy in ASEAN via a conversation between Michael Vatikiotis, a veteran journalist and writer living in Singapore, and Dr. Bridget Welsh, who is a Senior Associate Fellow of the Habibie Center in Jakarta. Their conversation on the state of democracy in Southeast Asia traces the history of the push for democracy in the different countries of the region, current challenges and future prospects. (This article is first published in special issue.)]
Michael Vatikiotis is a writer and journalist living in Singapore. After training as a journalist with the BBC in London, he moved to Asia and was a correspondent and then editor of the Far Eastern Economic Review. He has written two novels set in Indonesia.
Dr. Bridget Welsh is a Senior Research Associate at the Center for East Asia Democratic Studies of the National Taiwan University; a Senior Associate Fellow of the Habibie Center in Jakarta; and a University Fellow of Charles Darwin University in Darwin, Australia. She analyzes Southeast Asian politics, especially Malaysia, Myanmar, Singapore, and Indonesia.
Bridget Welsh (BW): Michael, why don’t you begin. Where do you think the state of democracy is in the region?
Michael Vatikiotis (MV): Well, if you take a glass half-full approach, then I suppose you would look at the long arch of history of democracy over the last 40 years. I argue that in many countries of Southeast Asia there has been a gradual improvement in the forms of governments that have begun to look more and more institutionally like functioning democracies.
So to break that down, you have of course a wave of democratization that began with the People’s Power revolution in the Philippines in mid-1980s which was itself an outgrowth of Portugal’s Carnation Revolution in the mid-1970s that sparked what Samuel Huntington called the ‘third wave of democratization.’ This eventually reached the shores of Southeast Asia and manifested itself initially in left wing movements, student disruptions and protests in mid 1970s. Thailand saw a crackdown on student movements that led to people fleeing into the jungle and joining the communist insurgency. Similarly in Indonesia, there was the Malari incident which led to a crackdown on campus politics. In Malaysia too, there was a student agitation in the mid-1970s. By the early 80s things had come to a head in the Philippines with the implementation of martial law, the corruption of Marcos’ rule and the deep sense of unease that many people felt because of the way that they were treated by Marcos, either arrested, detained or worse. In 1983, with the murder of Benigno Aquino as he stepped out of a plane from Taiwan at Manila Airport, these finally weld up into a massive popular protest.
At the time I was a young journalist in BBC. I remember covering it from London, and it was a very exciting time, especially the whole notion of ‘people’s power.’ This was well before any of the colored revolutions that have taken place in this century. This was before the end of Cold War. It was also the very first time that CNN had covered this sort of story so far away with live camera shots of the protests. There was a sense that nothing like this had really happened before in postcolonial Southeast Asia. It was shown and reported in a very vivid manner and it also very quickly brought an end to very despotic ruler. Within a matter of weeks Ferdinand Marcos was on a plane to Hawaii.
As a side note, I think it was also very important time because up until the mid-1980s, the United States and other Western powers firmly back autocratic regimes because they were anti-communist. This changed with the ‘people’s power’ revolution on the streets of Manila. The color of the revolution was yellow, not red. You had this mild-mannered widow of Benigno Aquino who took over. She was not threatening. She didn’t seem to be communist. This allowed the United States and other Western powers to embrace a popular revolution without having to abandon their sort of anti-communist credentials. There was a sense of relief that they didn’t have to support an autocrat, because he was anti-communist. Read the rest of this entry »
DAP Sabah to create a “political earthquake” in Sabah in 14th General Election through the ballot box to peacefully and democratically start the process of political change in Sabah and Malaysia
Posted by Kit in Corruption, Financial Scandals, Najib Razak, Pakatan Harapan, Sabah on Saturday, 31 December 2016
The message I have taken to Tenom, Keningau and Pensiangan in the past three days is to call on the people of the Sabah Interior to join the urban voters to create a “political earthquake” in the 14th General Election expected next year through the ballot box to peacefully and democratically start the process of political change in Sabah and Malaysia in order to save Sabah and to save Malaysia for our children and children’s children.
My three-day visit to Tenom, Keningau and Pensiangan with National DAPSY leader and Perak DAP State Assemblyman for Canning, Wong Kah Woh, in the company of the Sabah DAP Chairman and MP for Sandakan, Steven Wong, Sabah DAP Adviser and MP for Kota Kinabalu, Jimmy Wong and the Sabah DAP Deputy Chairman and Sabah State Assemblyman for Kepayang Dr. Edwin Bosi, has been an eye-opener for me.
I see the greatest contrasts in Sabah – its great wealth and rich natural resources on the one hand and the abject poverty and shocking socio-economic backwardness of the people, mired in a world-class system of corruption and kleptocracy!
Sabah’s own Watergate scandal has only sharpened and highlighted this immoral and unacceptable contrast in Sabah. Read the rest of this entry »
Malaysia’s 1MDB Scandal Claims Another Scalp
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Friday, 30 December 2016
By Luke Hunt
The Diplomat
December 30, 2016
Private banker jailed for 30 months.
The legal ramifications following the scandal linked to the 1MDB fund continues to resonate with a court in Singapore convicting a private banker of trying to obstruct investigations into the indebted fund founded by Malaysian Prime Minister Najib Razak.
Yeo Jiawei, 34, a former wealth planner at Swiss private bank BSI where he was known for his taste of the good life, was convicted of four charges related to obstructing, preventing or perverting the course of justice in regards to 1MDB or 1Malaysia Development Bhd.
He was sentenced to 30 months behind bars.
According to police, Yeo earned $18 million from the affair and had asked three witnesses to lie to authorities, get rid of a laptop and urged them not to travel to Singapore. Read the rest of this entry »
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