Razak Baginda received RM137m in Scorpene deal, says FT

Razak Baginda received RM137m in Scorpene deal, says FT

Political analyst says fees were for consulting services and that no bribes were extended to French officials in the deal.

PETALING JAYA: Political analyst Abdul Razak Baginda was reported to have received around 30 million euro (RM137 million) as consulting fees in the Scorpene submarine deal, reported the Financial Times (FT) yesterday.

However, he denied the amount was used to bribe French officials

“It was a legitimate agreement. I did my job and got paid for it.

“And I never paid any official,” he was quoted saying.

French authorities recently indicted Bernard Baiocco, former president of defence company Thales International Asia, for “active bribery of foreign public officials linked to (Prime Minister) Najib Razak.”

Najib was the deputy premier, and defence minister when the Scorpene submarines were purchased in 2002.

Razak also denied being a paid advisor to Najib, and claimed he only rarely spoke to the latter about the submarine deal “over a cup of tea.”

The report also said that Najib and Razak were named in judicial documents.

FT quoted a Malaysian government spokesperson as saying the allegations of wrongdoing against Najib in the Scorpene deal were “baseless smears for political gain.”

According to the spokesperson, Najib had not benefited from any payments from the deal or been contacted by French investigators pertaining to the probe.

Razak Baginda received RM137m in Scorpene deal, says FT
February 5, 2016 – FMT


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