1MDB, money-laundering and a tribunal

Instead of demonstrating, it is much more important at this stage for more and more groups to speak up. If the voices of concern reach a crescendo, the powers-that-be will not be able to ignore their plea for truth and justice.



By Chandra Muzaffar

The response of Malaysian government authorities to the civil suits filed by the US Department of Justice to seize more than US$ 1 billion (RM 4.02 billion) in assets allegedly linked to 1MDB has been a huge disappointment. Faced with suits that allege massive embezzlement of funds and one of the worst money laundering scams in history, Cabinet Ministers and the Attorney-General are determined to absolve “ Malaysian Official 1” of any wrongdoing. They are obsessed with preserving, protecting and perpetuating the Prime Minister’s position whatever the costs and consequences.

It is not just the US Attorney-General that has gone public on this shameful attempt to launder perhaps US 3.5 billion (RM 14.07 billion) from a state investment company established ostensibly for the people’s benefit. Singapore authorities have also seized assets worth S$ 240 million (RM 717.45 million) in an investigation of 1MDB related fund flows for possible money-laundering. Switzerland is another international financial hub that has begun to take action. 1MDB’s activities between 2009 and 2013 have now been exposed as utterly fraudulent on a global scale.

The government should face up to this reality. As has been proposed by a number of groups and individuals in the last few days, it should set up an independent tribunal comprising men and women of integrity and credibility which will once and for all establish the whole truth about 1MDB and its activities and recommend appropriate action against the wrongdoers.

Apart from individuals with legal expertise, the tribunal should also have members with in-depth knowledge of the intricacies of money-laundering and money flows in today’s world. It should consist of both Malaysians and non-Malaysians. Cooperation with relevant agencies in the US, Switzerland, Singapore and other countries would be crucial. The tribunal should also have unhindered access to all those linked directly or indirectly to 1MDB and its affiliates. All the information gathered and analysis undertaken by the Auditor-General, Parliament’s Public Accounts Committee, Malaysian Anti-Corruption Commission (MACC), the Central Bank, the Attorney-General’s Chambers and the Police in the last few years should be made available to the tribunal. Continue reading

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Pua: 1MDB ‘donation’ to pilgrims, actually from taxpayers


PETALING JAYA: The 1MDB Foundation’s contribution to social welfare is a farce designed with the specific intent to mask the fact that 1MDB suffered losses amounting to billions of ringgit, says Tony Pua.

Referring to the announcement by Prime Minister Najib Razak yesterday that 1MDB Foundation had sponsored RM10.4 million for 1,100 pilgrims to go for their hajj in Mecca, Pua said the funds are actually from taxpayers, and not 1MDB.

“It beggars belief that the Prime Minister, Datuk Seri Najib Razak could still heap praise on 1MDB for ‘making immense contributions to social welfare programmes’.

“He should stop pulling the wool over the rakyat’s eyes with purported social welfare programmes by 1MDB which are in actual reality, funded by the Malaysian taxpayers,” Pua said in a statement.

The Petaling Jaya Utara MP highlighted how 1MDB was cash-strapped and unable to fulfil its debt obligations on a timely basis, resulting in government agencies being forced to step in to bail out the state-owned investment fund. Continue reading

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Mahathir claims gov’t harassing family and friends


JAKARTA: Former Malaysian prime minister Dr Mahathir Mohamad claims he and his family and friends are being harassed by government agencies.

He said the harassment, including visits from the Inland Revenue Board, were attempts to pressure him to stop criticising Prime Minister Najib Razak.

The Straits Times reported Dr Mahathir telling reporters in Jakarta on Monday: “I am being harassed at the moment. A lot of things are being done to make life very uncomfortable for me, and my family and my friends. They are being visited by the Income Tax Department.”

“All kinds of things have been done in order to stop me from doing anything that may affect the image of Najib,” he added.

Mahathir was in Jakarta to give a public lecture on ‘Building Economic Independence and Clean Government’ to university students.

He told the press conference that the “wrongdoings” of Najib’s Government were “now known to everyone, to the whole world and to Malaysians”. Continue reading

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Have You Heard This One? Shocking News!

Something light for a change – fs

Baba Mail

A preacher wanted to raise money for his church, and, on being told that there was a fortune in horse racing, decided to purchase a horse and enter it in the races. However, the going price for horses was so high that he ended up buying a donkey instead. He figured he might as well go ahead and enter it in the races. And, to his surprise, the donkey came in third!

joke donkey preacher

The next day the local paper carried this headline: PREACHER’S ASS SHOWS.

The preacher was so pleased with the donkey that he entered it in the race again, and this time it won. The paper read: PREACHER’S ASS OUT IN FRONT.

The Bishop, however, was so upset with this kind of publicity that he ordered the preacher not to enter the donkey in any more races. The paper headline read: BISHOP SCRATCHES PREACHER’S ASS.

Continue reading

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Report: Najib’s aide confirms family feud

A spokesperson for Prime Minister Najib Abdul Razak has reportedly confirmed the family feud that led to his stepdaughter Azrene Soraya Abdul Aziz openly rebuking her brother Riza Aziz.

The unnamed spokesperson told The Weekend Australian on Saturday that he had seen Azrene Soraya’s posting on her Facebook and Twitter accounts.

“She has a right to say what she wants to say but I can say for sure that the mother and daughter have been estranged for many years.

“We are not responding to it at the moment,” he was quoted as saying, adding that it was a private family matter. Continue reading

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‘They can say I’m nyanyuk (senile), that’s all right’


KUALA LUMPUR: Dr Mahathir Mohamad says those criticising his plan to form a new party can “say what they like” as he has refused to be disheartened by the brickbats.

“They can say I’m nyanyuk (senile) and all that, that’s all right.

“That’s normal for people who are worried and need to demonise their opponents, so it’s okay.”

The former prime minister said this when speaking to reporters after attending the launch of a book titled “My Name is Hasmah”. The book is a biography about his wife, Dr Siti Hasmah Ali.

Present were Mahathir’s children, Mokhzani, Mukhriz and Marina as well as former MCA President Ling Liong Sik.

Those unhappy with his plan to form a new party, Mahathir added, would attempt to create the impression that what he was doing looked “stupid and silly.”

He hinted the party could be launched in a couple of weeks. Continue reading

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Dr M: Everyone knows that Najib is ‘Malaysia Official No 1’

mahathir najib 1mdb 

BANGI: Former Prime Minister Dr Mahathir Mohamad has expressed his confidence that “Malaysia Official 1″ mentioned in a US court document is Najib Razak.

He described as “wishful thinking” the claims by several government leaders of Najib’s innocence because his name wasn’t mentioned in the asset-forfeiture papers filed by the US Justice Department.

Even though Najib’s name was not mentioned, in the context of the report, Mahathir claimed that everyone knew that the person with authority over 1Malaysia Development Berhad (1MDB) was Najib.

“Everything within the context of Malaysian Official One has similarities with Najib. I don’t know why they didn’t mention Najib.

“They mention others. But Najib and those who support him think that because his name wasn’t mentioned, he is innocent. That is wishful thinking,” Mahathir said while at a Hari Raya celebration. Continue reading

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