Archive for October, 2018

31
Oct
18

Another MO1 lie to cover up the last one?

Another MO1 lie to cover up the last one?

COMMENT | Najib Razak is getting deeper and deeper into the web of stories he has spun around the RM2.6 billion that he received in his private bank accounts in 2015.

In December 2015, he told three “safe” Malaysian journalists in an interview on TV3 that it was the donor who wanted the “donation” to be banked into his account. He also said the “donation” was made in a personal capacity.

Of course, the journalists didn’t ask him why the donor made such a strange – and dumb – request. Dumb because the request would merely draw unnecessary attention to Najib as prime minister receiving such a huge amount of money.

Even Najib’s own minister Ahmad Maslan remarked publicly that no prime minister would be that stupid to have such a huge amount deposited into his personal account. And that was Ahmad Maslan, mind you, the minister the public loved to laugh at!

Anyway, the point is, what Najib said at that interview with then Media Prima group managing editor of news and current affairs Mohd Ashraf Abdullah, then New Straits Times Press group managing editor Abdul Jalil Hamid and then Utusan Group editor-in-chief Abdul Aziz Ishak indicated that he knew who the donor was and that he had communicated with them.

He also told them, “The donors have been verified and found by the MACC and the commission has also obtained their statements.”

But on Friday, he told Al Jazeera something else. He said when the RM2.6 billion ended up in his bank accounts, he did not verify the source of it.

He said he assumed it was a “donation” connected to Saudi Arabia’s King Abdullah because the latter had given Najib assurance of his support.

Such a huge amount of money coming to a man in such a high office which could put him in a vulnerable situation – and he didn’t verify the source?

“The question is, when I received the funds, was I aware of the source of the money or whether the source of the money is in dispute as to who owns the fund? Certainly, in my capacity, I would not have access to banking knowledge,” he told the international news agency in an interview.

“Because whoever owns the fund is protected by the secrecy of the banking laws so when I received the funds, in all honesty, I thought it was a genuine donation and at that particular time, the knowledge that I had was based on a conversation with King Abdullah.”

So now he was changing his tune and equivocating about the money having come from the Middle East when he was so sure and adamant before that it came from there, and from the royal family, to boot!

The reason for this? The Saudi foreign minister Adel Ahmed al-Jubeir had come to Kuala Lumpur the same Friday and told our foreign minister Saifuddin Abdullah that there was indeed no donation made to Najib by the Saudi king.

So, on Al Jazeera, on a programme that would be beamed across the world, Najib suddenly had to find a way out. And so he said he never verified where the RM2.6 billion came from. To save himself from acknowledging that the money was a “donation” from the Saudi king. Which most people had never believed in the first place.

Was Najib lying on Friday or was he lying in December 2015? Or was he lying both times?

Why, only three months ago, in July, in an interview with Malaysiakini, he had insisted that the money was from the Saudi royal family.

“The genesis was when I met with King Abdullah. I asked him to support the (Malaysian) government because I thought their government has a record of supporting governments which are somewhat friendly with them,” Najib said.

“So what I requested was nothing unusual and he agreed to support and subsequently we received letters and then money was credited at about the time they had promised the donation.”

Money from Tanore

And then only last month, he posted on Facebook an admission – for the first time – that the source of the RM2.6 billion could have been Tanore Finance Corporation.

This coheres with the revelations of the United States’ Department of Justice (DOJ), which pointed out that US$681 million (equivalent then to RM2.6 billion) come from Tanore, which has been found to be a supposed shell company used to wire funds from 1MDB to accounts of selected beneficiaries, including Najib’s.

It is widely known by now that Tanore’s beneficial owner of record was Eric Tan Kim Loong, a proxy and trusted aide of Jho Low, the alleged mastermind behind the pilfering of funds from 1MDB.

Najib’s story, however, was that the Tanore money came from Prince Abdulaziz Al-Saud of Saudi Arabia who had written to him on March 1, 2013, saying that he would disburse US$800 million to him in stages for that year. But what Najib eventually received was US$681 million.

“In the letter, Prince Abdulaziz Al-Saud stated that the funds would be channelled either from his bank account or from his other sources, including Tanore,” Najib wrote in his Facebook post.

“According to the DOJ and WSJ (Wall Street Journal) claims, the money from Tanore was … from 1MDB. But Prince Abdulaziz Al-Saud has been representing King Abdullah for the transfer of funds to my account including in 2011 and 2012 when funds were sent from the accounts of the Ministry of Finance of Saudi Arabia and Prince Faisal bin Turkey bin Al-Saud.”

Now, if this story were true, why did he not maintain it in his interview with Al Jazeera? Why did he not also say on the air that the Tanore account belonged to Prince Abdulaziz?

…more
Another MO1 lie to cover up the last one?
Kee Thuan Chye
27 Oct 2018 – Malaysiakini

Advertisements
29
Oct
18

PAC should scrutinize Najib over ‘new leads’ in Al Jazeera interview

PAC should scrutinize Najib over ‘new leads’ in Al Jazeera interview

MP SPEAKS | The Public Accounts Committee (PAC) which has been directed by the Parliament in a special motion to reinvestigate the 1MDB scandal, should welcome former prime minister Najib Abdul Razak’s semi-aborted interview with Al Jazeera, as Najib had opened up on many new leads on the scandal, and should be asked to elaborate on them.

The first issue the PAC should ask Najib to elaborate is his cryptic statement in the interview that 1MDB investigators should not stop at Jho Low, but should probe others who were allegedly involved in stealing from 1MDB.

Saying all the culprits must be investigated to find out where the money had gone, Najib said:

“Fine… let them do their work but don’t just stop at Jho Low. Get others who are involved as well because there are other international figures who probably are involved. They must also be investigated.

“We want to know where the money flowed to. And who really benefited from the whole 1MDB issue. I would like to know, too”.

Najib should be asked to explain:

(1) Who are these ‘other international figures who are probably involved’ in the 1MDB scandal;

(2) Why he had not launched investigations into them instead of carrying out an international façade and charade claiming that there was never a 1MDB scandal, that everything was clean, upright and proper, with Arul Kanda Kandasamy (photo) employed with the sole objective to white-wash the 1MDB scandal;

(3) Whether he would lodge reports with the various authorities with regard to these ‘other international figures who are probably involved’ in the 1MDB scandal;

(4) Whether he is aware that he shocked not only Malaysians, but the whole world, when he said he also wanted to know ‘where the money flowed to’ and who really benefited from the whole 1MDB issue?

(5) Is Najib aware that as prime minister, finance minister and the chairperson of the 1MDB advisory board, which must approve all major 1MDB decisions, his claim of ignorance and innocence of 1MDB as ‘kleptocracy at its worst’ is totally incredible, most heinous and irresponsible?

(6) In June 2017, the Chief Secretary to the government Ali Hamsa said the government is studying the possibility of using the polygraph – lie detector – test as a mechanism to help curb cases of corruption among civil servants. Is Najib prepared to take the lie detector test and answer questions on the 1MDB scandal?

…more
PAC should scrutinize Najib over ‘new leads’ in Al Jazeera interview
Lim Kit Siang
29 Oct 2018 – Malaysiakini

28
Oct
18

“Sila Duduk, Jangan Lari” interview with Al Jazeera

In this exclusive episode of 101 East, Mary Ann Jolley interviews former Prime Minister Najib Razak and asks, what went wrong.

25
Oct
18

Najib, Irwan slapped with 6 charges of CBT involving RM6.6 BILLION

Najib, Irwan charged with RM6.6 billion CBT

KUALA LUMPUR: Former prime minister Najib Razak and former Treasury secretary-general Mohd Irwan Serigar Abdullah have been slapped with six charges of criminal breach of trust (CBT) involving RM6.6 billion worth of government funds.

They were said to have committed the offences between December 2016 and December 2017.

According to the charges, they were entrusted with the funds but misappropriated the money in their positions as finance minister and Treasury secretary-general at the time.

On the first charge, they were accused of committing CBT of RM1.2 billion on Dec 21, 2016 at the office of the finance ministry.

On the second charge, they were accused of committing CBT of RM655 million at the same place and time.

The third charge accused them of committing CBT of RM220 million in the Federal Consolidated Fund on Aug 3, 2017.

On the fourth charge, they were said to have committed CBT of RM1.3 billion, also in the Federal Consolidated Fund, on Aug 10, 2017.

The money in the third and fourth charges was meant for Kuala Lumpur International Bhd expenditure, subsidies and financial aid.

According to the fifth charge, they committed CBT of 1,950,000,000 yuan (approximately RM1,261,065,000) on Aug 23.

On the sixth charge, they were accused of committing CBT of RM2 billion on Dec 18, 2017.

If convicted under Section 409 of the Penal Code, they face a maximum jail term of 20 years, whipping and a fine.

Najib and Irwan claimed trial to all six charges.

Fiat prosecutor Gopal Sri Ram led the prosecution team. Muhammad Shafee Abdullah represented Najib while Irwan was represented by Dev and Lavania Kumaraendran and their father K Kumaraendran.

…more
Najib, Irwan charged with RM6.6 billion CBT
Ho Kit Yen
October 25, 2018 – FMT

24
Oct
18

High Court rules superyacht Equanimity belongs to Malaysia

High Court rules superyacht Equanimity belongs to Malaysia

KUALA LUMPUR: The High Court has ruled that the government and three others are the rightful owners of superyacht Equanimity which will be up for sale next month.

Lawyer Sitpah Selvaratnam said the court here made the order in allowing judgment in default against the registered owner of the vessel, which has been berthed in Port Klang since August.

“In effect, the court held that the ship belonged to the Malaysian government because 1MDB money was used to purchase it,” she told reporters after obtaining the judgment in the chambers of judicial commissioner Khajidah Idris.

Sitpah said the ship belonged to Malaysia since two of the plaintiffs, 1MDB Energy Holdings Limited and 1MDB Global Investment Limited, were found to be the beneficial owners.

She added that the registered owner of the Equanimity, of Cayman Islands, had not turned up to contest the suit and deny the claim by the government, 1MDB and the two subsidiaries.
Lawyers Sitpah Selvaratnam (second from right) and Ong Chee Kuan (middle), representing the Equanimity legal team, speaking to reporters outside the High Court.

Sitpah said in delivering the judgment, the court went through strict judicial process and was finally satisfied that the RM1 billion (US$250 million) used to buy the yacht belonged to Malaysia and 1MDB, a company fully under the control of the finance ministry.

On Oct 5, the court granted an application by the four plaintiffs to appoint a central broker and an international appraiser to handle the sale of the Equanimity, which has been linked to fugitive businessman Low Taek Jho, better known as Jho Low.

This followed a decision on Aug 24 by the same court granting an application by the four plaintiffs to sell the Equanimity.

“The broker is now conducting the marketing and publicity to get bidders,” Sitpah said, adding that the tenders for sale would be open by the end of the month.

Sitpah said she hoped the vessel, the 54th largest yacht in the world, could be sold to the highest bidder by the end of the year.

She said the appraiser’s value of the ship would remain confidential as the government wanted more bidders to come in.

“Bids are not open yet but there are people showing interest,” she added.

…more
High Court rules superyacht Equanimity belongs to Malaysia
October 19, 2018 – FMT

21
Oct
18

Summary of the 45 charges against current Umno president

(source: Malaysiakini)
😱😱😱

19
Oct
18

Umno president Zahid slapped with 45 charges for CBT, corruption and money laundering

Zahid slapped with 45 charges, RM2 million bail

KUALA LUMPUR: The Sessions Court today slapped Umno president Ahmad Zahid Hamidi with 45 charges related to criminal breach of trust, money laundering and corrupt practices, with both the prosecution and his lawyers agreeing to a sum of RM2 million as bail.

It took 55 minutes as a visibly tired Zahid, who spent the night with the Malaysian Anti-Corruption Commission (MACC), stood up to hear all the charges being read to him.

Ten CBT charges, with the highest amount involving RM17 million, come under Section 409 of the Penal Code, while eight charges were under Section 16 of the MACC Act, for accepting bribes for various projects during his time as the home minister.

The remaining 27 charges relate to money laundering under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Amla).

He claimed trial to all charges which were read before judge Azura Alwi.

The charges of corruption also include his alleged role in the home ministry’s outsourcing services linked to MyEG Services Sdn Bhd, allegedly receiving money from a director of Data Sonic Group Bhd to supply 12.5 million chips for Malaysian passports, as well as accepting money to appoint a company as the operator of a one-stop centre in Pakistan and Nepal for the processing of work visas.

The CBT offences were allegedly committed between January 2014 and March 2018, the offences under the MACC Act between July 2016 and March 2018, while money laundering since March 27, 2016.

Zahid, who was elected as Umno president in June, is the first sitting Umno president to be hauled to court to face criminal charges.

Lead prosecution counsel Gopal Sri Ram said there should be a joint trial for all the charges.

Sri Ram also applied to the court to instruct Zahid to pay the RM2 million in a lump sum, but Zahid’s lawyer Hisyam Teh Poh Teik said his client should be allowed to pay by two installments.

The judge later allowed Zahid to settle half of the amount today, and the remaining by Oct 26. He was also told to surrender his passport.

…more
Zahid slapped with 45 charges, RM2 million bail
Ho Kit Yen
October 19, 2018 – FMT




Merdeka! Merdeka! Merdeka!

The dawn of A Better Malaysia!
Rafidah Aziz, Hannah Yeoh, Ambiga at TTDI ceramah

 

Mahathir in Putrajaya ceramah

 

What happened to 1MDB’s money? – CNBC Video
Nuclear lessons for Malaysia (Part 1) (Part 2)
BN govt is directing attention to distant past and distant future, in order to distract people from present misdeeds and poor governance
Felda - A picture is worth a thousand words
How the 1MDB Scandal Spread Across the World (WSJ)
We cannot afford ridiculously expensive RM55 Billion ECRL!
All that is necessary
for the triumph of evil
is for good men
to do nothing.

- Edmund Burke
When the people
fears their government,
there is TYRANNY;
when the government
fears the people,
there is LIBERTY.

- Thomas Jefferson
Do you hear the people sing?

Archives

Advertisements