Archive for February, 2019

16
Feb
19

Malaysia’s former PM and his downfall over alleged corruption – BBC

Najib Razak: Malaysia’s former PM and his downfall over alleged corruption

Najib Razak was long regarded as Malaysian political aristocracy.

But in 2018, the then prime minister lost a general election to his former mentor, 92-year-old Mahathir Mohamad. The Barisan Nasional coalition, which had governed the country since its independence in 1957, was voted out of power.

Following the defeat, Mr Najib’s properties were raided and both he and his wife were charged with a string of offences.

He is now facing allegations of corruption linked to the multibillion dollar state investment fund, 1MDB.

Mr Najib has always denied the allegations and while still in office had been cleared by the country’s authorities.

But his time in office will likely be remembered as an era plagued with scandal and a strengthening of central power.

Political blue blood

Najib Razak is the eldest son of Abdul Razak, Malaysia’s second prime minister and the nephew of Hussein Onn, its third prime minister.

After earning an industrial economics degree from the University of Nottingham in the UK, Mr Najib returned to Malaysia in 1974 and worked for the state oil firm Petronas.

When he moved into politics, Mr Najib held numerous cabinet posts – as minister for energy, telecommunications, education, finance and defence – before becoming deputy prime minister to Abdullah Badawi in 2004.

When Mr Abdullah stepped down in 2009, he handed power to Mr Najib.

Liberal start

Mr Najib initially promised a more liberal political approach, but did not really follow through.

While he reformed tough laws on public gatherings and repealed the controversial Internal Security Act in 2011, he later reinstated detention without trial.

The following year, he also went back on a pledge to repeal a controversial sedition law and instead strengthened it.

Critics say the laws were a way for Mr Najib to silence his political opponents and to pander to the ethnic Malay-Muslim majority who formed his political party’s largest support base.

Opposition leader and former deputy premier Anwar Ibrahim was convicted of sodomy for a second time in 2015, charges Mr Anwar maintained were politically motivated.

The opposition politician has since been pardoned by the new prime minister and is seen as a likely successor to Mr Mahathir.

In 2016, a security act aimed at combating terrorism was used to detain electoral reform activists.

Ahead of the 2018 election, Mr Najib’s government set up a law against spreading “fake news”.
Challenges and controversies

The real blight of Mr Najib’s political career has been accusations of corruption and mismanagement over the state investment fund, 1Malaysia Development Berhad.

Mr Najib, members of his family and several allies are accused of embezzling huge sums allegedly used to buy everything from artwork to high-end real estate around the globe.

In July 2015 he replaced his deputy, who had criticised his handling of the affair, and the attorney-general investigating the case was dismissed for health reasons.

In January 2016 the new attorney-general cleared Mr Najib of wrongdoing but the criticism remained.

Ahead of the 2018 election, mass demonstrations in Kuala Lumpur called on him to resign.

After his defeat, authorities reopened their investigation and charged the former PM with money laundering, breach of trust and abusing his position.

He is expected to go on trial in February 2019.

…more
Najib Razak: Malaysia’s former PM and his downfall over alleged corruption
12 Feb 2019 – BBC

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14
Feb
19

Malaysia: The World’s Biggest Heist – Al Jazeera video

Malaysia: The World’s Biggest Heist

It’s been branded the world’s biggest heist – between 2009 and 2014 at least $4.5 billion was allegedly stolen from Malaysia’s sovereign wealth fund, 1MDB.

At the centre of the scandal are the former Prime Minister, Najib Razak and the now fugitive Malaysian financier and alleged mastermind of the scam, Jho Low.

Ousted from power last year, Najib now faces almost 40 criminal charges and Jho Low is wanted in Malaysia, Singapore and the United States.

The heist allegedly began soon after a joint venture deal was signed between 1MDB and a little-known company called, PetroSaudi. Hundreds of millions were soon siphoned to a Swiss bank account controlled by Jho Low and then later, as alleged by the US Department of Justice, into Najib Razak’s personal bank accounts in Malaysia.

The world may never have known any of this, if it hadn’t been for a disgruntled PetroSaudi ex-employee, Xavier Justo. He leaked more than 200,000 confidential emails containing evidence of alleged criminal activity to a British journalist, Clare Rewcastle Brown.

…more
Malaysia: The World’s Biggest Heist
Feb 7, 2019 – Al Jazeera English




THE Al Jazeera interview

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?

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