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Najib implicated in funneling funds into personal a/c

Vega

By Vega,
in Lite & EZ

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Still2016

Still2016

Twincharged

Wahhhhhhhhhh......................... like that also can arrrrrrrrrr.......... :slow:

 

A Head of the Country and a Finance Minister signing papers without knowing what is he signing for ... [thumbsup]

 

Win Leow Lor ... :a-happy:

 

 

Something like our Elected President who has a committee who literally read and vet for him. Realistically, you cant expect the President to fine comb everything and some areas may not even be his expertized (in short, catch no ball on certain subject). On the other hand, he is paid handsomely to take the responsibility when things go wrong like many MNC CEOs.

 

I understand what you are writing and seems shocking when the real world hits us. Eg In some of our road works we have maybe 2 workers digging and repositioning some cables, and there you have representative from various government agencies that can be as many as 7 or 8 people supervising the 2 workers. If something goes wrong like the poor worker hits a water pipe and causes leak, he probably is the first guy to be hung and fired.

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Jamesc

Jamesc

Hypersonic

1MDB could be a victim of fraud: CEO

 

KUALA LUMPUR: The CEO of scandal-plagued 1Malaysia Development Berhad (1MDB) on Wednesday (Apr 13) said latest revelations on the Malaysia state investment fund indicate it could be a victim of fraud.

 

http://www.channelnewsasia.com/news/business/1mdb-could-be-a-victim-of/2692414.html

 

 

No way. It is such a well run organisation.

 

:D

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2BDriver

2BDriver

Hypersonic

This one plot sure very good - got blow blowing up model, buy submarines, diamonds, to Middle East connection.

 

Only problem the producer has is to find an actress ugly enough to play the first lady.

How about this one ?   [rolleyes]

Just perm wide-up the thick hairs finish off with some make-up should match Boleh-Land First Lady look   [gorgeous]

post-62943-0-51812700-1460737851.png

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Vratenza

Vratenza

Supersonic

No worries. She will probably volunteer to play herself. Glamour and spotlight is her thing.

 

 

This one plot sure very good - got blow blowing up model, buy submarines, diamonds, to Middle East connection.

 

Only problem the producer has is to find an actress ugly enough to play the first lady.

 

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keanie

keanie

Turbocharged

Latest saga - IPIC, the Abu Dhabi state fund claimed that they did not receive d US$3.54B from 1MDB in 2012 for its investment in Abu Dhabi. Thus 1MDB is default in payment; and bond holders of 1MDB possibly may not get the US$50M interest due tomorrow.

 

Interesting, what next?

 

http://www.straitstimes.com/asia/se-asia/state-fund-dispute-puts-1mdb-at-risk-of-default

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Uncle2

Uncle2

Hypersonic

Ah jib is innocent.. Saudi confirm it's a donation.

 

https://www.todayonline.com/world/asia/saudi-foreign-minister-confirms-nations-donation-najib

 

 

Prata again :a-confused:

c2e3b353fb756bb3ffa41237372ac792a13feb22

Saudi Foreign Minister Alters His Position (Slightly)

In February the Saudi Foreign Minister, Adel al-Jubeir, had declared that the money received by Najib Razak into his accounts was not a political donation, but he understood there had been an “investment” by private entities in Saudi Arabia.

“”It was a private Saudi citizen, I believe, and the funds went to an investment in Malaysia,” 

This added to Prime Minister Najib Razak’s considerable problems over a story that didn’t add up about royal sheikhs providing him a billion dollars as a gift.

What was the investment for, people asked? Indeed, arch critic, Dr Mahathir referred to the official denial as late as yesterday.

So then, surprise surprise, Malaysia has today been treated to yet another of those orchestrated videos, where a third party is dragooned into supposedly ‘exonerating’ Najib.

On this occasion the same Saudi minister was terse and vague as he entered into a ‘chance encounter’ with a Bernama reporter, who just happened to be accompanied by a New Straits Times camera crew. Malaysia’s Foreign Minister, Anifah Aman, just happened to be hovering at his shoulder.

Asked once more about the ‘donation’ by these UMNO mouthpieces he said he was ‘aware of it’.

“”We are aware of the donation and it is a genuine donation with nothing expected in return. We are also fully aware that the Attorney General of Malaysia has thoroughly investigated the matter and found no wrongdoing. “So, as far as we are concerned, the matter is closed” [
]

As such, he had made a classic diplomatic announcement, presumably designed to make up for the embarrassment of his earlier incredulity that the sum of a billion dollars could have been merely donated.

A friendly foreign government had told him otherwise, he explained, thereby implying that his previous information must have been incorrect.

Malaysian authorities had now made him aware that Najib had indeed received this donation and that the entire affair had been thoroughly investigated by this new Attorney General, who had found no wrongdoing (!).

So, he was happy to set the record straight, nothing to do with him.

What Saudi minister did not say

That was the extent of his diplomatic intervention, we are given to understand.  This Saudi minister wasn’t saying any more, not least because there is little reason for him to know any more.

His ‘awareness’ and understanding had come through his diplomatic channels with Malaysia, after all, so further details were up to them.

Therefore, he provided no mention of who had provided the ‘donation’, Saudi or otherwise.

For all Adel al-Jubeir had to say, the donor might have been 1MDB or Donald Trump – one billion dollars, no strings attached.  He clearly doesn’t know and beyond him having been “made aware” he clearly reckons it is none of his business.

So, it seems, this was just another in a long line of staged productions, presumably orchestrated by the usual suspects (with Rosmah Mansor as Chief Producer).

However, it is one thing to drag in the likes of Sirul, Lester and Selvi into such capers. The Saudi Foreign Minister is unlikely to be grateful when the full money trail is finally revealed and his diplomatic intervention is proven to have been misled.

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Blueray

Blueray

Hypersonic
CIMB group chairman Nazir Razak goes on leave as auditor reviews bank processes

 

KUALA LUMPUR -  CIMB Group's Chairman Nazir Razak announced on Monday (April 18) that he has taken leave of absence pending a review of the bank's processes and policies, following his recent admission of his role in the distribution of  US$7 million (S$9.5 million) in political funds in the run up to the 2013 election at the request of his older brother, Prime Minister Najib Razak.

 

"My brother asked for some help and I agreed after assessing that it does not involve anything illegal or misusing of my position at CIMB or any inappropriate use of CIMB  resources," Datuk Seri Nazir said at a press conference. 

http://www.straitstimes.com/asia/se-asia/cimb-group-chairman-nazir-razak-takes-leave-of-absence-pending-bank-review-report

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Vratenza

Vratenza

Supersonic

CIMB group chairman Nazir Razak goes on leave as auditor reviews bank processes

KUALA LUMPUR - CIMB Group's Chairman Nazir Razak announced on Monday (April 18) that he has taken leave of absence pending a review of the bank's processes and policies, following his recent admission of his role in the distribution of US$7 million (S$9.5 million) in political funds in the run up to the 2013 election at the request of his older brother, Prime Minister Najib Razak.

"My brother asked for some help and I agreed after assessing that it does not involve anything illegal or misusing of my position at CIMB or any inappropriate use of CIMB resources," Datuk Seri Nazir said at a press conference.

http://www.straitstimes.com/asia/se-asia/cimb-group-chairman-nazir-razak-takes-leave-of-absence-pending-bank-review-report

Anyone checked if any C4 explosives or oil drum barrel are missing from the army?
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Heartlander

Heartlander

Turbocharged

CIMB group chairman Nazir Razak goes on leave as auditor reviews bank processes

 

KUALA LUMPUR -  CIMB Group's Chairman Nazir Razak announced on Monday (April 18) that he has taken leave of absence pending a review of the bank's processes and policies, following his recent admission of his role in the distribution of  US$7 million (S$9.5 million) in political funds in the run up to the 2013 election at the request of his older brother, Prime Minister Najib Razak.

 

"My brother asked for some help and I agreed after assessing that it does not involve anything illegal or misusing of my position at CIMB or any inappropriate use of CIMB  resources," Datuk Seri Nazir said at a press conference. 

http://www.straitstimes.com/asia/se-asia/cimb-group-chairman-nazir-razak-takes-leave-of-absence-pending-bank-review-report

 

He did poked at his brother for saying that his presence in the bank while investigation is ongoing might give people the impression that he had interfered in the investigation, so he chose to go on leave. At least he walk the talk.

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Wt_know

Wt_know

Supersonic
(edited)

go on leave does not mean he lose the control of all the puppets in the management ... just saying ... hehe

Edited by Wt_know
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Vratenza

Vratenza

Supersonic

what else can go wrong with 1MDB?

the answer is everything ... LOL

 

The questions should be...what has gone right?

 

Have 1MDB achieved anything other then making sure all those involved pockets are lined thick thick?

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