Three FAQs on 1MDB scandal on whether Najib received RM2.6 billion donation from Saudi royalty and returned RM2.1 billion, whether the RM144 million pink diamond necklace for “wife of MO1” came from stolen 1MDB funds all answered in US DOJ kleptocratic suits
Posted by Kit in Corruption, Financial Scandals, Najib Razak, Pakatan Harapan on Wednesday, 27 September 2017, 8:31 am
Tonight a historic political night for Pahang with the launch of Pahang Pakatan Harapan.
We have with us tonight the Pahang Pakatan Harapan Chairman and PKR Pahang Chairman, Datuk Fauzi Abdul Rahman (MP for Indera Makhota); DAP Pahang Chairman and Pahang Assemblyman for Tanah Rata, Leong Ngah Ngah and DAP Pahang Vice Chairman Tengku Zulpuri Shah b Raja Puji (State Assemblyman for Mentakab); Amanah Pahang Chairman Dr. Hamzah Jaafar and Amanah Pahang Deputy Chairman and Pahang State Assemblyman for Kuala Semantan Syed Hamid Syed Mohamed; Pribumi Bersatu Pahang Chairman, Datuk Salim Salleh as well as the national representatives of the four Pakatan Harapan component parties – Mohamad Sabu, Amanah President; Sdr. William Leong, PKR MP for Selayang and Akramshah Sanusi Junid, Pribumi Bersatu Central Commttee member.
The gathering of the national and state leaders of the four component parties of Pakatan Harapan to launch the Pahang PH wants to send out a clear message to the voters of Pahang – that Malaysians, regardless of race, religion or region, are on to move to reclaim their democratic right to save Malaysia from kleptocracy and fulfill our Merdeka and Malaysia Dream for Malaysia to be a world-class example of “unity in diversity” where diverse races, religions, languages and cultures can come together to build a democratic, just, progressive and prosperous nation.
There is a great difference between the Barisan Nasional and Pakatan Harapan coalitions.
The BN coalition leaders talk in forked tongues – UMNO leaders playing the race and religious cards among the Malays, inciting fears among the Malay voters with lies that DAP and I are anti-Malay and anti-Islam, that Tun Mahathir, Datuk Seri Anwar Ibrahim , Tan Sri Muhyiddin Yassin and Mohamad Sabu are all my stooges and can only say and do what I told them to do; but MCA and Gerakan leaders among the Chinese voters try to scare them with a different story, that I am a puppet of Tun Mahathir and Anwar Ibrahim.
But we in Pakatan Harapan, whether DAP, PKR, Amanah or PBBM, say the same thing whether to Malays, Chinese, Indians, Kadazans or Ibans – that the time has come for Malaysians regardless of race, religion, region or even politics to unite and as summed up in tonight’s theme, “Sayangi Malaysia, Hapuskan Kleptocrasi”. Read the rest of this entry »
Najib has recently developed very Trumpish habit with a special appetite for chest-thumping about the greatness of his premiership but why has he studiously avoided the subjects of Malaysia turning overnight into a global kleptocracy and the creeping Talibanisation in the country?
Posted by Kit in Constitution, Islam, Najib Razak on Tuesday, 26 September 2017, 2:35 pm
Najib has recently developed very Trumpish habit with a special appetite for chest-thumping about the greatness of his premiership but why has he studiously avoided the subjects of Malaysia turning overnight into a global kleptocracy and the creeping Talibanisation in the country?
Recently, since his return from his visit to the White House and meeting with US President Trump, the Prime Minister, Datuk Seri Najib Razak has developed very Trumpish habit with a special appetite for chest-thumping about the greatness of his premiership, but why has he studiously avoided the subjects of Malaysia turning overnight into a global kleptocracy and the creeping Talibanisation in the country?
Examples of such Najib’s “Trumpish” chest-thumping, which started with his return from his White House visit ten days ago, are: Read the rest of this entry »
How long will Najib and his administration perpetrate the charade that there is no 1MDB scandal although it continues to make waves and hog international headlines and turned Malaysia overnight into a global kleptocracy?
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Tuesday, 26 September 2017, 9:18 am
How long will the Prime Minister, Datuk Seri Najib Razak and his administration perpetrate the charade that there is no 1MDB scandal although it continues to make waves and hog international headlines, the subject of the largest kleptocratic litigation and investigation by the US Department of Justice (DOJ) and turned Malaysia overnight into a global kleptocracy?
So long as Malaysia plays the modern-day role of “The Emperor with no clothes” in the international arena, pretending that there is no 1MDB scandal within the four walls of Malaysia although in foreign financial centres, former bankers are convicted and imprisoned and banks and financial houses and banks are penalized and even closed down for involvement in the international multi-billion dollar 1MDB money-laundering scandal, so long will the 1MDB scandal hamper and impede the healthy political, economic, moral, nation-building and democratic development of the country.
It will even affect Malaysia’s foreign relations as witnessed by Najib’s recent disastrous visit to the White House and meeting with President Trump, the conspicuous absence of a press conference by Najib with the White House press corps and Najib’s equally conspicuous absence from the United Nations General Assembly opening session although he was in Washington a few days earlier. Read the rest of this entry »
Is the Prime Minister’s Office going to issue another “transcript” of what Najib said at the White House in his meeting with President Trump to prove that he had been “misconstrued”?
Posted by Kit in Najib Razak on Monday, 25 September 2017, 3:17 pm
The Prime Minister, Datuk Seri Najib Razak said yesterday that his comment to the United States President Donald Trump on wanting to help strengthen the US economy had been “misconstrued” to “confuse the rakyat”.
Najib clarified: “I said that I was there to strengthen the economy which did not mean that we will contribute to the US economy without receiving anything from its economy.
“I meant that we were not there to ask for alms but that we were there as a successful country which has the potential to be a significant global player.”
This caused me to go back to the transcript of the exchange between Najib and Trump at the beginning of Najib’s visit to the White House on Sept. 12.
According to the transcript, this is what Najid said: Read the rest of this entry »
Call on Sarawak and Sabah to provide Pakatan Harapan with the two-thirds parliamentary majority in 14GE to ensure “New Deal, New Hope” in constitutional re-arrangements based on fair and equitable review of Malaysia Agreement 1963
Posted by Kit in Pakatan Harapan, Sabah, Sarawak on Monday, 25 September 2017, 8:47 am
Tonight’s ceramah in Kuching is unique and special, since the re-ignition of new hope and expectations among Malaysians with regard to the next 14th General Election since July 14, following the announcement of a new Pakatan Harapan structure, Pakatan Harapan logo and new PH leadership line-up.
I was with the Pakatan Harapan Chairman, Tun Dr. Mahathir Mohamad at the DAP “Sayangi Malaysia, Hapuskan Kleptokrasi” dinner in Penang last night, and today, I flew into Kuching, transiting at Kuala Lumpur International Airport.
Wherever I went today, especially when transiting in KLIA and on arrival in Kuching, there was a throb in the air, a fervor and great expectation with people regardless of region, race or religion coming up to me in anticipation of something significant happening in Kuching today.
This is the why there is such a huge turn-out of the people of Kuching and Sarawak from all communities at the Pakatan Harapan ceramah tonight despite the heavy rain for the soft-launch of the Pakatan Harapan manifesto for Sarawak and Sabah.
The people of Sarawak and Malaysia have been waiting political change, a “New Deal, New Hope” for more than half a century, and they are not going to allow inclement conditions, whether of the weather or the political situation, to stand in the way.
Read the rest of this entry »
Call on Sarawak and Sabah Chief Ministers to stop their abuse of immigration autonomy powers in illegally and undemocratically barring Pakatan Harapan leaders from entry into Sarawak and Sabah if they are serious in wanting Federal Government to fully respect the word and spirit of Malaysia Agreement 1963
I call on the Sarawak and Sabah Chief Ministers to stop their abuse of immigration autonomy powers in illegally and undemocratically barring Pakatan Harapan leaders from entry if they are serious in wanting the Federal Government to fully respect both the word and spirit of Malaysia Agreement 1963.
Under the 1963 Malaysia Agreement which conferred immigration autonomy powers to Sarawak and Sabah, it was clearly stipulated that no Malaysian from Peninsular Malaysia should be barred from entry into Sarawak and Sabah in pursuit of “legitimate political activities”.
In barring Pakatan Harapan leaders from entry into Sarawak and Sabah although in pursuit of “legitimate political activities”, the Sarawak and Sabah Chief Ministers would be abusing their powers under Malaysia Agreement 1963, which would undermine their legitimate demands for the full recognition and restoration of the rights of Sarawak and Sabah under the Malaysia Agreement 1963.
The second point I want to make is with regard to what the former Inspector-General Tan Sri Rahim Noor said in Kota Kinabalu at a forum “Malaysia in the Future” on Tuesday.
Read the rest of this entry »
Call on the three MCA Ministers and leaders, Liow Tiong Lai, Wee Ka Siong and Ong Ka Chuan to publicly apologise for expelling a former Johore village chief for nine years as a MCA member for being photographed with me
The Greek saying: “Those whom the gods wish to destroy, they first make mad” came into me when I saw the a letter from the MCA Secretary General Ong Ka Chuan sacking a former Johore village chief for nine years as a MCA member for being photographed with me during my visits around the Johore state.
This is utterly mad, devoid of moral principles and standards, and something no sane or rational party or leader would do.
I call on the three MCA Ministers and leaders, Datuk Seri Liow Tiong Lai (MCA President), Datuk Seri Wee Ka Siong (MCA Deputy President) and Datuk Ong Ka Chuan (MCA Secretary-General) to publicly apologise for the crazy, irrational and morally unjustifiable expulsion of the former Johore village chief for nine years as a MCA member for being photographed with me.
Both Tiong Lai and Ka Siong had been photographed with me at some function or other. Are Tiong Lai and Ka Siong going to be expelled from MCA as happened to this former Johore village chief for nine years, and who had a longer MCA membership history than Tiong Lai, or are there obviously double-standards in the MCA, one for the MCA leaders and Ministers and another for the MCA rank-and file? Read the rest of this entry »
Malaysia police say beer festival axed due to security fears
Posted by Kit in Islam, Najib Razak, Police on Saturday, 23 September 2017, 6:27 am
ABC
United States
ASSOCIATED PRESS
Sept 21, 2017
An annual beer festival in Kuala Lumpur has been axed due to information that militants were planning to sabotage the event, police said Thursday.
The Kuala Lumpur City Hall on Monday banned the “Better Beer Festival,” scheduled for Oct. 6-7 in a shopping mall, without giving any reasons. It followed protests from an Islamist party that called it a vice festival that could lead to criminal acts, rape and free sex.
The festival, which features craft beers from 43 breweries worldwide, has been held in Malaysia annually since 2012. The cancellation has angered many Malaysians, who slammed it as a sign of growing Islamization in the country.
National police chief Mohamad Fuzi Harun said police have information that unidentified militants were planning to sabotage the event because it was deemed to be against their struggle. He said that several other parties, which he didn’t name, were also planning to create chaos at the festival.
“To avoid any incident beyond our control, police have to be proactive by objecting to the organizing of the festival in order to ensure public safety and security,” he said in a brief statement. Read the rest of this entry »
Najib failed to project a “Malaysia First” image, instead he seemed to have knuckled down under to Trump’s “American First” doctrine, even proposing three “value propositions” to strengthen the American economy when he visited White House!
Posted by Kit in Elections, Najib Razak on Friday, 22 September 2017, 3:15 pm
We can disagree, dislike or even disparage US President Donald Trump, and the latest abuse levelled against Trump is by North Korean leader Kim Jong-un, who blasted Trump as “mentally deranged” for threatening his country, but the fact is that however cocky, arrogant or even high-and-mighty Trump might be, he exuded an aura and persona which emphasizes “America First” image – despite the disastrous trajectory he had set for America in the next few years.
This is immediately grasped by anyone who watches the 5-minute 58-second video on the initial Trump-Najib exchange when Najib visited the White House and met Trump on Sept. 12.
What about Najib?
All I want to say is that Najib failed to project a “Malaysia First” image, instead he seemed to have knuckled down to Trump’s “America First” doctrine, even proposing three “value propositions” to strengthen the American economy!
I believe that the people in Johore, as in Malaysia, are waiting impatiently for the coming 14th General Election for two reasons:
Firstly, for Johor to be the frontline state to bring about the greatest change in Malaysia’s political landscape in 60 years by ensuring a change of government both at the Federal level in Putrajaya and in Johore State; and
Secondly, for Johoreans, regardless of race, religion, region or even politics, to unite as Malaysian patriots together with Malaysians all over the country to save Malaysia from being a global kleptocracy, and to reset nation building directions and policies so that we can become a successful, harmonious, progressive and prosperous plural nation as was our initial Merdeka Dream. Read the rest of this entry »
MACC should change its slogan from “Say No to Corruption” to “Say No to 1MDB scandal” to demonstrate MACC is really leading the fight against corruption and abuses of power in Malaysia
Posted by Kit in Corruption on Friday, 22 September 2017, 3:10 pm
Yesterday, the Malaysian Anti-Corruption Commission’s Kembara Jelajah Anti-Rasuah Konvoi 2017 came to Johor Baru, with the slogan “Say No to Corruption”.
MACC should change its Kembara Jelajah slogan from “Say No to Corruption” to “Say No to 1MDB scandal” for five reasons:
Firstly, the 1MDB scandal is the country’s largest financial scandal in history, in fact, it is the subject of United States Department of Justice (DOJ) largest kleptocratic litigation to forfeit US$1.7 billion 1MDB-linked assets in US, UK and Switzerland;
Secondly, it is the international multi-billion dollar 1MDB money-laundering scandal which has turned Malaysia overnight into a “global kleptocracy”;
Thirdly, “Say No to 1MDB scandal” embraces “Say No to Corruption” while “Say No to Corruption” does not include “Say No to 1MDB scandal”;
Fourthly, there is no single issue which will as forcefully and powerfully send out the message to Malaysians and the world that the MACC is serious about fighting corruption than to launch an all-out battle against the 1MBD scandal; and
Fifthly, so long as MACC does not directly address the 1MDB scandal, it will never get the trust and confidence of Malaysians and the world that it has finally come of age and become a truly professional world-class anti-corruption agency dedicated to the war against corruption “without fear or favour” of the powers-that-be. Read the rest of this entry »
Is this the first blot on the professionalism of the new IGP?
I have just seen the statement by the Inspector-General of Police, Tan Sri Mohamad Fuzi Harun, on the Kuala Lumpur City Ban on the Better Beer Festival next month, and I asked myself whether this is the first blot on the professionalism of the new IGP?
The job of the top policeman in the country is to lead the police force to fight crime and ensure the safety and security of Malaysia to its citizens, visitors and investors and not to play politics with the sacred duty of the police force for the benefit of one or two Ministers.
Out of the blue, Mohamad Fuzi said the police information that certain quarters were planning to cause chaos at the Better Beer Festival 2017 slated to be held next month in Kuala Lumpur and this is the reason the police were opposed to the event.
The IGP said: “There was information that militants were planning to commit sabotage at the festival, as they believe it was against their struggle.
Read the rest of this entry »
Liow Tiong Lai should publicly apologise for being caught red-handed a second time for telling a lie – this time about security/terrorist threat resulting in the City Hall ban on Better Beer Festival next month
I am calling this press conference to express my surprise that before I spoke at the DAP kopitiam dialogue here in Pekan Nenas, which I have just concluded, there was a report in the Malay Mail Online entitled “’No idea’ about security threat to beer festival, police says” quoting the Bukit Aman counter terrorism division chief, Datuk Ayub Khan Mydin Pitchay, denying that there was any security or terrorist threat resulting in the Kuala Lumpur City Hall banning the Better Beer Festival next month.
The report read:
“KUALA LUMPUR, Sept 21 — The police today said that it has ‘no idea’ regarding an alleged security threat towards the scrapped Better Beer Festival, despite claims by MCA.
“MCA president Datuk Seri Liow Tiong Lai was reported by national news agency Bernama saying last night that the beer festival was cancelled due to security reasons as advised by the police.
“But Bukit Aman counter terrorism division senior principal assistant director Datuk Ayub Khan Mydin Pitchay did not confirm such a threat existed.
“’No idea. You need ask [MCA leaders],’ Ayub told Malay Mail Online in a text message.”
But when I completed my speech just now, I found that the Malay Mail Online story is no more available, as it had been taken off.
Read the rest of this entry »
Better use of the RM60 billion to help Malaysians, like the closure of KRIMs, economic woes of 100,000 Felda settlers and the 700,000 PTPTN defaulters than the Quixotic objective to “strengthen the American economy”
Posted by Kit in 1Malaysia, Najib Razak on Thursday, 21 September 2017, 8:25 am
Recently, the Prime Minister, Datuk Seri Najib Razak, went to the White House to meet with President Trump to help strengthen the United Sates economy, which is a ridiculous idea when we take into account that the American economy has a GDP close to US$19 trillion while the Malaysian GDP has not even reached US$300 billion!
It is the United States which should help strengthen the Malaysian economy, and not the other way round.
There is better use of the RM60 billion to help Malaysians, like the closure of KRIMS throughout the country, the 100,000 Felda settlers who have an economic crisis in their hands, or the 700,000 PTPTN defaulters instead of being used for the Quixotic objective to “strengthen the American economy”.
It is a sign of the failure of Najib’s economics and his policies that the Kedai Rakyat 1Malaysia (KR1M) are being closed down all over the country, starting in Kuala Lumpur, Petaling Jaya, Kelantan and Sarawak. Read the rest of this entry »
MCA reduced to a party without political principles as well as a thoroughly indisciplined one whose President is not respected even by the other MCA leaders whether at national, state or local levels
MCA has been reduced to a political party without principles as well as a thoroughly indisciplined one by the proposed “Better Beer Festival” event in Kuala Lumpur next month.
The MCA President, Datuk Seri Liow Tiong Lai seems to take his double role in the Merdeka video “Citizens” seriously, first opposing the Kuala Lumpur ban on the proposed “Better Beer Festival” but quickly caving in and even endorsing the ban after the Cabinet meeting this morning on the ridiculous grounds of “security”!
But the MCA is a thoroughly indisciplined political party, whose President is not respected even by the other MCA leaders whether at national, state or local levels, who continue to say the very opposite of the stand of Liow Tiong Lai, even blaming the DAP for “strengthening” PAS to successfully oppose the Better Beer Festival!
Have security and safety in Malaysia become so tenuous and perilous that the Better Beer Festival, which had been held for the past several years, have to be banned because of “security” reasons?
Is this the way to promote tourism and turn Malaysia into a tourists’ haven when even the Federal Government and the Police cannot guarantee the safety and security of a very localised event, like the Better Beer Festival, in the Federal capital?
Isn’t such a ban encouraging the extremists and fanatics to up their demands, even sending a signal to “Islamic State” supporters that Malaysia is a fertile ground for them to cultivate to spread their brand of bigotry, extremism and intolerance in Malaysia? Read the rest of this entry »
The Pakatan Harapan Youth wings should brainstorm to encourage greater youth participation and leadership in effecting the first political change in national politics with the election of a Pakatan Harapan federal government in Putrajaya in the 14GE
Posted by Kit in Pakatan Harapan, Youth on Wednesday, 20 September 2017, 6:27 pm
A recent Merdeka Centre National (Youth) Opinion Survey has found that despite being highly dissatisfied with the BN government, the youth in the country are also dispirited with the political system as a whole.
Merdeka Center asked youths how satisfied or dissatisfied they were with the performance of the BN federal government, to which two-thirds – 67 percent – answered that they were dissatisfied.
Only 24 percent said they were satisfied with the government’s performance.
High dissatisfaction rates were registered by respondents across race, urban and rural divides as well as between those registered to vote and those not registered.
The survey, which looked at perceptions of the youth towards the economy, leadership and current issues, also asked respondents about their attitudes towards politics and found that an overwhelming majority (70 percent) were not interested in politics while a similar number of them (71 percent) felt they did not have any influence on the government of the day.
Another key finding from the poll was some 40 percent of respondents were not registered as voters despite being eligible, saying they did not have time to register or they felt that voting did not make a difference.
The Pakatan Harapan youth wings from DAP, PKR, AMANAH and Pribumi Bersatu should brainstorm to encourage greater youth participation and leadership in effecting the first political change in national politics with the election of a Pakatan Harapan Federal Government in Putrajaya in the 14th General Election to replace the UMNO/BN coalition. Read the rest of this entry »
Najib’s three “political disasters” on the seventh day of his week of “political disasters” totalling nine “political disasters” from Sept. 12
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Wednesday, 20 September 2017, 9:17 am
Yesterday, I listed the six “political disasters” committed by the Prime Minister Datuk Seri Najib Razak’s in his new “swamp politics ala-Trump” from Sept. 12 when he visited the White House and met with US President Trump, viz:
1. Najib’s visit to the White House and meeting with US President Trump on Sept. 12, without any sense of personal shame or national humiliation at being branded a “kleptocrat” and “MO1” by the US Department of Justice (DOJ) largest kleptocratic litigation to forfeit US$1.7 billion 1MDB-linked assets in US, UK and Switzerland, and his subservient position in a supplicant role to Trump to the extent of offering up as “homage” three “value propositions” to strengthen the US economy.
2. Najib publicly labeled as a “crook” by former World Bank President Paul Wolfowitz and Newsweek magazine on Sept. 13, and Najib dare not sue them for defamation.
3. Najib’s speech at the MCA-organised Chinese Community Patriotic Assembly at the UMNO HQ in Kuala Lumpur on Saturday, Sept. 16, where he threatened the Chinese saying that “the Chinese community would be targeted should Malaysia ever descend into chaos…If there is no peace in our country, what will happen? The Chinese will be the first to be targeted if there is no peace in this country.”
4. The perfunctory manner in which Najib as Prime Minister celebrated Malaysia Day on Sept. 16, spending less than 24 hours in Sabah to attend the official Malaysia Day events in Kota Kinabalu at night while completely ignoring Sarawak altogether.
5. The Prime Minister’s highly-hyped media conference announcement on Sept. 17 at 4.45 pm, resulting in the swarming by over 100 reporters from all over the world at the media conference, but which produced a dud in Najib’s latest “swamp politics” – “Mike Tyson” rejoining UMNO after a five-year sojourn in PAS and PKR from April 2013.
6. The continued hearing on Sept. 18 of the farcical Royal Commission of Inquiry into Bank Negara foreign exchange losses a quarter of a century ago, while there is no RCI on the elephant in the room – the international multi-billion dollar 1MDB money-laundering scandal which turned Malaysia into a global kleptocracy overnight. Read the rest of this entry »
The Wolf Of Wall Street producer settles civil suit linked to 1MDB
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Tuesday, 19 September 2017, 7:29 pm
The NewPaper
Sep 18, 2017
KUALA LUMPUR The company that made the film The Wolf Of Wall Street and was co-founded by Malaysian Prime Minister Najib Razak’s stepson has settled a civil lawsuit brought by the United States government to seize assets allegedly bought with money stolen from a Malaysian state fund.
Red Granite Pictures announced the settlement in a filing at the federal Los Angeles court last Friday, without revealing any sum.
US prosecutors had claimed that the 2013 film, directed by Martin Scorsese and starring Leonardo DiCaprio, was financed by Red Granite using funds stolen from 1Malaysia Development Berhad (1MDB). Read the rest of this entry »
Was RCI into Bank Negara forex losses three decades ago concluded earlier than scheduled to avoid the issue of Najib having to testify why he had opposed my call for an RCI in 1993?
Posted by Kit in Corruption, Financial Scandals, Mahathir, Najib Razak on Tuesday, 19 September 2017, 4:59 pm
A few hours after I issued a statement describing “the continued hearing on Sept. 18 of the farcical Royal Commission of Inquiry into Bank Negara foreign exchange losses a quarter of a century ago, while there is no RCI on the elephant in the room – the international multi-billion dollar 1MDB money-laundering scandal which turned Malaysia into a global kleptocracy overnight” as the sixth political disaster of the Prime Minister, Datuk Seri Najib Razak in a week, the Sidek RCI into the Bank Negara forex losses concluded earlier than scheduled.
Was the Sidek RCI into Bank Negara forex losses three decades ago concluded earlier than scheduled to avoid the issue why Najib is not testifying at the RCI to explain why he had opposed my call for a Royal Commission of Inquiry into the Bank Negara forex losses in 1993?
In his testimony before the RCI yesterday, former Prime Minister Tun Dr. Mahathir Mohamad revealed that Najib was among the ministers in a 1993 cabinet meeting who rejected my proposal at the time to set up a Royal Commission of Inquiry into Bank Negara foreign exchange losses.
I had at the time, some a quarter of a century ago, asked the then Finance Minister Datuk Seri Anwar Ibrahim to refer to the Cabinet to set up a RCI on Bank Negara’s forex losses. Read the rest of this entry »
‘Wolf of Wall Street’ Producer Reaches Settlement in Federal Corruption Case
Posted by Kit in Corruption, Financial Scandals, Najib Razak on Tuesday, 19 September 2017, 12:10 pm
Gene Maddaus
Variety
15th Sept 2017
Red Granite Pictures, dogged for more than a year by its connection to a massive Malaysian corruption case, on Friday reached a settlement with federal prosecutors.
The Department of Justice filed a civil forfeiture case in July 2016, seeking to recoup proceeds from “The Wolf of Wall Street.” Prosecutors alleged that Red Granite — whose CEO, Riza Aziz, is the step-son of Malaysia’s prime minister — used funds embezzled from a Malaysian development authority to produce the film.
The case was one part of a much broader effort to seize more than $1 billion in assets, out of $4.5 billion allegedly stolen from the development fund, known as 1MDB. Prosecutors have seized a Picasso and a Basquiat that were gifted to Leonardo DiCaprio, as well as an Oscar statuette that once belonged to Marlon Brando. Read the rest of this entry »
Najib’s sixth mistake in one week: the continued RCI hearings into Bank Negara forex losses a quarter of a century ago while no RCI on the elephant in the room – 1MDB scandal which turned Malaysia into a global kleptocracy overnight
Posted by Kit in Corruption, Financial Scandals, Mahathir, Najib Razak on Tuesday, 19 September 2017, 8:25 am
Two days ago, I spoke about Datuk Seri Najib Razak as a very disaster-prone Prime Minister who made history by committing five political disasters within a week.
But I had under-estimated Najib, as I am today writing about Najib’s sixth political disaster within a week, while tomorrow, I will deal with Najib’s seventh political disaster within a week – from Sept. 12 to 19. Read the rest of this entry »
