Monday, 6 July 2015

1MDB scandal - Should the Prime Minister be barred from leaving the country ?

Must be the first time in modern history that a multi-agency task force led by none other than the Attorney General himself has started an extensive probe into some 'wild allegations'.

We shall place our full confidence and trust in the task force and on the shoulders of the no-nonsense Attorney General Tan Sri Gani Patail.

While the AG and his task force are conducting their extensive probe that includes poking their nose deep into those personal accounts in local banks, the Malaysian currency is taking a bad hit. 

Ringgit has hit a 16-year low against the US Dollar followings news of Najib's 'wild allegations' making world headlines. 
News Alerts today read :-
- 'Malaysian Ringgit hit a 16-year low on Monday as political tensions mounted over a report that linked Prime Minister Najib Razak to probes into alleged corruption involving state fund 1MDB' 

- The Ringgit fell to as low as 3.8070 per US dollar, its weakest since May 1999. Two of Malaysia's main Opposition parties on Sunday demanded an emergency sitting of Parliament to discuss Mr Najib's future - Straits Times Singapore.

The share market is not spared by Najib's 'wild allegations' either. Slightly before noon the KLCI was down 21.02 points to 1,713.22

MIDF research reports that - Foreign selling persists, Year-to-day outflow stood at RM9 billion.

Wild allegations or not a friend from Bangkok called this morning saying that some newspapers in Pattaya have been speculating that Najib might do a Thaksin to save himself. 

I didn't ask him exactly what he meant, simply not wanting to discuss our domestic scandal with a foreigner but 'doing a Thaksin' at this point of time could not mean too many things.

I hope the Attorney General and the special multi-agency task force probing Najib's 'wild allegations' have taken the necessary steps to prevent anyone 'doing a Thaksin' while graft and or abuse of power investigations are underway. 

To prevent speculation and allegations of cover up and such, it would be wise for the powerful task force to freeze, with immediate effect, all local and foreign assets/properties plus bank accounts linked to the prime suspects in this major investigation. 

We must accept the fact that this investigation into the 'wild allegations' against the Prime Minister of Malaysia is being followed internationally. What was local has gone global i.e. glokal. 

In view of the seriousness of the 'wild allegations' against Najib, the task force must also prevent the Prime Minister and his close family members from leaving the country until the investigation is done with. 

All official foreign assignments of the Prime Minister could be handled by the Deputy Prime Minister and/or other relevant ministers. Unofficial assignments could wait.

If the Prime Minister and family are not barred from leaving Malaysia, 'wild allegations' and speculations will just gain momentum and take its toll on the ringgit and KLCI.

For those Malaysians who are still stuck in their own web, this is not about politics. This is about putting the interest of the nation and the 30-odd million people who depend on her before any other interests or considerations. This is about saving Malaysia from further slide and ridicule. This is about arresting the sliding level of confidence in us, Malaysia and Malaysians.

Thank you. 

p/s THAKSIN 


Do what is right




Saturday, 4 July 2015

Kenyataan PEGUAM NEGARA



PASUKAN PETUGAS KHAS SIASAT DAKWAAN DANA DISALUR KE AKAUN PERDANA MENTERI

Sebuah Pasukan Petugas Khas, dianggotai oleh Suruhanjaya Pencegahan Rasuah Malaysia (SPRM), Polis Diraja Malaysia dan Bank Negara Malaysia, telah pun memulakan siasatan berhubung isu 1MDB.

Pasukan ini telah memperoleh beberapa dokumen yang kemudiannya dikemukakan kepada saya untuk semakan. Saya mengesahkan bahawa saya telah menerima dokumen-dokumen berkaitan 1MDB termasuk dokumen berkaitan dakwaan penyaluran dana ke akaun milik YAB Perdana Menteri, Dato' Seri Mohd Najib Tun Razak daripada Pasukan Petugas Khas ini.

Sehubungan itu, saya telah meneliti dan menyemak kesemua dokumen yang dikemukakan, dan seterusnya telah memberi nasihat dan panduan kepada Pasukan Petugas Khas ini bagi mengambil tindakan lanjut.

Saya juga mengesahkan bahawa pada 3 Julai 2015, Pasukan Petugas Khas ini telah menghantar pasukan siasatan ke syarikat SRC International Sdn Bhd, Gandingan Mentari Sdn Bhd dan Ihsan Perdana Sdn Bhd untuk mengadakan serbuan dan telah memperoleh dokumen dari ketiga-tiga premis terbabit.

Susulan semakan dan analisis yang dibuat ke atas dokumen-dokumen yang diperoleh hasil serbuan itu, saya juga telah memberi nasihat dan panduan susulan kepada Pasukan Petugas Khas.

Siasatan akan memfokus setiap aspek yang dibangkitkan.

Saya yakin keanggotaan pelbagai agensi akan membolehkan siasatan dijalankan dengan lebih profesional dan terperinci.

Saya juga berharap semua pihak memberi kerjasama bagi membolehkan Pasukan Petugas Khas ini menjalankan siasatan dan tidak mengeluarkan kenyataan-kenyataan yang boleh mengelirukan orang ramai.

TAN SRI ABDUL GANI PATAIL
PEGUAM NEGARA
4 JULAI 2015

Kenyataan rasmi Timbalan Perdana Menteri

YAB Tan Sri Muhyiddin Haji Mohd Yassin
Timbalan Perdana Menteri

Saya berasa amat bimbang dengan pendedahan terkini Wall Street Journal mengenai beberapa akaun peribadi milik YAB Dato' Seri Mohd Najib Tun Abd. Razak yang didakwa telah menerima sejumlah wang daripada beberapa buah entiti yang dikatakan mempunyai hubungan dengan 1MDB.

Tuduhan ini amatlah berat kerana ia boleh menjejaskan kredibiliti dan integriti Dato' Seri Najib sebagai Perdana Menteri dan Ketua Kerajaan. Isu ini juga telah menarik perhatian rakyat serta media antarabangsa dan pastinya menyentuh kepentingan awam.

Oleh itu, saya berpendirian bahawa pihak berkuasa penyiasatan seperti Suruhanjaya Pencegahan Rasuah Malaysia (SPRM), Bank Negara Malaysia (BNM) dan Polis Di Raja Malaysia (PDRM) dengan kerjasama Jabatan Peguam Negara perlu bertindak segera untuk menyiasat segala tuduhan yang dibuat terhadap Dato' Seri Najib. Saya yakin siasatan mengenai perkara ini akan dijalankan secara terperinci, telus dan bebas demi mencari kebenaran.

Oleh kerana tuduhan ini adalah bersifat peribadi, maka adalah wajar bagi Dato' Seri Najib untuk memberikan penjelasan yang meyakinkan atau membuat penafian. Sehubungan itu, saya menyambut baik kenyataan Dato' Seri Najib yang telah menafikan tuduhan yang dilemparkan terhadap beliau. Sekiranya beliau yakin semua tuduhan itu adalah tidak benar dan fitnah semata-mata, maka adalah wajar beliau mengambil tindakan undang-undang ke atas pihak-pihak yang membuat tuduhan demi membersihkan nama beliau dan mengembalikan kredibiliti kerajaan.

Sementara siasatan terperinci dijalankan, saya menyeru semua pihak supaya bertenang. Saya pasti kebenaran akan muncul hasil siasatan yang dijalankan oleh pihak berkuasa.

Saya berdoa mudah-mudahan di bulan Ramadhan Al-Mubarak ini, Allah s.w.t akan memberikan kita segala tawfiq dan hidayah untuk menyelesaikan segala kemelut yang berlaku dan mengurniakan kesejahteraan yang berkekalan kepada rakyat dan negara kita.

TAN SRI DATO' HJ MUHYIDDIN HJ MOHD YASSIN
Timbalan Perdana Menteri Malaysia


4 Julai 2015




Friday, 3 July 2015

1MDB SCANDAL - Prime Minister and Attorney General have seen documents quoted by Wall Street Journal?


Probe finds 1MDB money in Malaysia PM's accounts: WSJ

by CNBC Videos2:43 mins
Nearly $700 million of deposits were made into what are believed to be the personal bank accounts of Malaysian Prime Minister Najib Razak, the Wall Street Journal reported Friday citing documents from a government investigation.
Watch and listen to what the Wall Street Journal's Hong Kong Bureau Chief Ken Brown tells CNBC.

Mr Prime Minister, guess you have no other choice but to come clean of this explosive expose by the Wall Street Journal. There are no options. Stop all charades and shadow plays to demonise your critics.

You cannot continue to rely on paid spin masters and compromised advisors to help you out of this scandal. This expose is way too big for lowly spin masters and apple-polishers. 

If you, as the Prime Minister of Malaysia, had in fact channelled hundreds of millions of Ringgit into your personal bank account as exposed by WSJ, you must be really stupid. If you are indeed that stupid then you have no choice but to step down from all Government positions immediately. You could probably stay on as Umno president because I'm convinced that Umno deserves someone like you to bury the party. 

On the other hand, if the WSJ expose is all lies and just another sinister political sabotage to unseat you, then you as the Prime Minister of Malaysia must take all necessary legal actions to rectify the situation immediately. This is necessary to protect, not only yourself but also to protect the good name of our beloved nation. 

It is understandable that it would be a tough act to convince Malaysians to trust what you say but you have no choice but to tell the truth no matter what it is. If you have breached the law of this land, you must face the consequence. 

This is not just about you Mr Mohd Najib Tun Abdul Razak, this is about the pride and honour of a once high-flying nation known as Malaysia.

You have brought about much disrepute to this nation of ours. Please do the necessary before it reaches a stage where you have to suffer public humiliation. We really don't wish to see a sitting Malaysian Prime Minister in handcuffs.

Thank you.

Also read -  SPRM sudah mulakan siasatan ke atas SRC International Sdn Bhd

                            How much taxes have Najib, 1MDB, Jho Low paid, asks Dr Mahathir 

                         -  Liar, liar pants on fire. They lied to save 1MDB

                          -   4 Facts- WSJ Found Link Between 1MDB, Najib



WALL STREET JOURNAL - 1MDB money in Najib's pocket?


Investigators Believe Money Flowed to Malaysian Leader’s Accounts

Prime Minister Najib’s bank accounts are scrutinized in probe of investment fund 1MDB


KUALA LUMPUR, Malaysia—Malaysian investigators scrutinizing a controversial government investment fund have traced nearly $700 million of deposits into what investigators believe are the personal bank accounts of Malaysia’s prime minister, Najib Razak, according to documents from a government probe.
The investigation documents mark the first time Mr. Najib has been directly connected to the probes into state investment fund 1Malaysia Development Bhd., or 1MDB.
Mr. Najib, who founded 1MDB and heads its board of advisors, has been under growing political pressure over the fund, which amassed $11 billion in debt it is struggling to repay.
The government probe documents what investigators believe to be the movement of cash among government agencies, banks and companies linked to 1MDB before it ended up in Mr. Najib’s personal accounts. Documents reviewed by The Wall Street Journal include bank transfer forms and flow charts put together by government investigators that reflect their understanding of the path of the cash.
The original source of the money is unclear and the government investigation doesn’t detail what happened to the money that went into Mr. Najib’s personal accounts.
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“The prime minister has not taken any funds for personal use,” said a Malaysian government spokesman. “The prime minister’s political opponents, unwilling to accept his record or the facts, continue to try to undermine him with baseless smears and rumours for pure political gain.”
Mr. Najib has previously denied wrongdoing in relation to 1MDB and has urged critics to wait for the conclusion of four official investigations that are ongoing into 1MDB’s activities.
Investigators have identified five separate deposits into Mr. Najib’s accounts that came from two sources, according to the documents viewed by the Journal.
By far the largest transactions were two deposits of $620 million and $61 million in March 2013, during a heated election campaign in Malaysia, the documents show. The cash came from a company registered in the British Virgin Islands via a Swiss bank owned by an Abu Dhabi state fund. The fund, International Petroleum Investment Co., or IPIC, has guaranteed billions of dollars of 1MDB’s bonds and in May injected $1 billion in capital into the fund to help meet looming debt repayments. A spokeswoman for IPIC couldn’t be reached for comment. The British Virgin Islands company, Tanore Finance Corp., couldn’t be reached.
ENLARGE
Another set of transfers, totaling 42 million ringgit ($11.1 million), originated within the Malaysian government, according to the investigation. Investigators believe the money came from an entity known as SRC International Sdn. Bhd., an energy company that originally was controlled by 1MDB but was transferred to the Finance Ministry in 2012. Mr. Najib is also the finance minister.
The money moved through another company owned by SRC International and then to a company that works exclusively for 1MDB, and finally to Mr. Najib’s personal accounts in three separate deposits, the government documents show.
Nik Faisal Ariff Kamil, a director of SRC International, declined to comment. Mr. Kamil had power of attorney over Mr. Najib’s accounts, according to documents that were part of the government investigation.
A 1MDB spokesman said, referring to the transfers into Mr. Najib’s account: “1MDB is not aware of any such transactions, nor has it seen any documents to this effect.” The spokesman cautioned that doctored documents have been used in the past to discredit 1MDB and the government.
For months, concerns about 1MDB’s debt and lack of transparency have dominated political discussion in Malaysia, a close ally of the U.S. and a counterweight to China in Southeast Asia.
When he founded 1MDB in 2009, Mr. Najib promised it would kick-start new industries and turn Kuala Lumpur into a global financial center. Instead, the fund bought power plants overseas and invested in energy joint ventures that failed to get off the ground. The fund this year has rescheduled debt payments.
The Journal last month detailed how 1MDB had been used to indirectly help Mr. Najib’s election campaign in 2013. The fund appeared to overpay for a power plant from a Malaysian company. The company then donated money to a Najib-linked charity that made donations, including to local schools, which Mr. Najib was able to tout as he campaigned.
“We only acquire assets when we are convinced that they represent long-term value, and to suggest that any of our acquisitions were driven by political considerations is simply false,” 1MDB said last month.
The four probes into 1MDB are being conducted by the nation’s central bank, a parliamentary committee, the auditor general and police. A spokeswoman for Bank Negara Malaysia, the central bank, declined to comment. Malaysia’s police chief and a member of the parliamentary committee also had no comment. The auditor general said this week it had completed an interim report on 1MDB’s accounts and would hand it to the parliament on July 9.
The prime minister is facing increasing pressure over 1MDB. The country’s longest-serving prime minister, Mahathir Mohamad, who left office in 2003, publicly has urged Mr. Najib to resign.
This week, Malaysia’s home minister threatened to withdraw publishing licenses from a local media group, citing what he said were inaccurate reports on 1MDB.
The $11.1 million of transfers to Mr. Najib’s bank account occurred at the end of 2014 and the beginning of 2015, according to the government investigation. Among the companies that investigators say it passed through was Ihsan Perdana Sdn. Bhd., which provides corporate social responsibility programs for 1MDB’s charitable foundation, according to company registration documents. Attempts to reach the managing director of Ihsan Perdana weren’t successful.
Documents tied to the transfer said its purpose was for “CSR,” or corporate social responsibility, programs. The Wall Street Journal examination of the use of funds tied to 1MDB for Mr. Najib’s election campaign showed that the money was slated to be used for corporate social responsibility programs as well.
The government probe documents detail how investigators believe SRC International transferred 40 million ringgit on Dec. 24 last year to a wholly owned subsidiary. This company on the same day wired the money to Ihsan Perdana, according to the documents. Two days after receiving the money, Ihsan Perdana wired 27 million ringgit and five million ringgit in two separate transfers to two different bank accounts owned by Mr. Najib, the government documents show.
In February, 10 million ringgit entered the prime minister’s account, also from SRC International via Ihsan Perdana, the documents show.
The remittance documents don’t name Mr. Najib as the beneficiary but detail account numbers at a branch of AmIslamic Bank Bhd. in Kuala Lumpur. Two flow charts from the government investigation name the owner of these accounts as “Dato’ Sri Mohd Najib Bin Hj Abd Razak,” the prime minister’s official name. A spokesman for AmIslamic Bank declined to comment.
In another transaction, Tanore Finance, the British Virgin Islands-based company, transferred $681 million in two tranches to a different account at another Kuala Lumpur branch of AmIslamic Bank. The government probe said the account was owned by Mr. Najib, according to the documents.
The transfers came from an account held by Tanore Finance at a Singapore branch of Falcon Private Bank, a Swiss bank which is owned by IPIC, the Abu Dhabi fund, according to the documents. A spokesman for Falcon Private Bank declined to comment.
The $681 million was transferred to Mr. Najib’s accounts on March 21 and March 25, 2013, the government documents show.
Write to Tom Wright at tom.wright@wsj.com and Simon Clark at simon.clark@wsj.com
WSJ



Wednesday, 1 July 2015

1MDB - Justo - Thailand bullshit exposed by BERNAMA?

UPDATED with Bahasa Malaysia translation of the report from Bangkok 

"What status do Malaysian officials have in this case?" Thai police spokesperson asks.
Below is a National News Agency - BERNAMA - report from Bangkok today. 

Thailand Still Investigating Petrosaudi Blackmail Case

BANGKOK, July 1 (Bernama) -- Thailand Royal Police are still in the process of investigating the case of former PetroSaudi International executive Xavier Andre Justo although he has admitted to blackmailing and attempting to extort his former employer. 


Thailand Royal Police spokesman Pol Lt Gen Prawuth Thavornsiri said Justo had admitted to allegations about blackmailing and attempting to extort his former employer.
a
"Yes, he did admit," he said when asked by Bernama whether Justo had confessed to all allegations of blackmail and extortion.

He said the Justo case would be prosecuted in Thailand as the alleged offences occurred in Thailand.

On the report about a request by Malaysian police to interview Justo, he said that so far there had not been any official request or contact on the matter.

Malaysia is not the complainant or involved in this, only Thailand and PetroSaudi were involved, he said after the Royal Thai Police weekly press conference here Wednesday.

Asked if Malaysian officials would be allowed to meet Justo, he said foreign officials from countries that were not involved in the case would not be allowed to see Justo.

"What status do Malaysian officials have in this case?" he asked.

"As this case is a matter of international relations we will not allow any visit until the investigation process is done," he said, stating that he was the only person authorised to speak about the case.

He said the case involved Switzerland (as Justo is a Swiss national), England where PetroSaudi is registered, and Thailand where the offences are alleged to have been committed.

Justo committed the offences in Thailand, and so he would be charged in Thailand under Thai laws, he said.

On a visit by Thailand deputy police chief Jakthip Chaijinda to Kuala Lumpur tomorrow, he said the visit was to discuss human trafficking.

Justo was arrested in Koh Samui on June 22 based on a warrant of arrest which had been issued by the Southern Bangkok Criminal Court.

The charges were attempted blackmail or attempted extortion.

He is alleged to have demanded a payment as high as 2.5 million Swiss Francs (about RM10 million) from PetroSaudi in exchange for not disclosing the business information which he had stolen. - BERNAMA

Basically what  BERNAMA reported today, quoting the Royal Thailand Police spokesperson, is the direct opposite of what our politicians, their running dogs and even the Inspector General of Police have been telling us. 

Who has been bullshitting whom now? 

For a start, the Thai authorities are telling us now that the Swiss national was arrested for allegations of blackmailing and attempts to extort his former employer. 

The Thai authorities have also made it very clear that it is none of Malaysia's business. 

Dear Mr Prime Minister, what is wrong with you ????

Below are the screen shots of the Bernama report, just in case Bernama is asked to remove this 'telling' content. 


Versi Bahasa Malaysia di bawah - 

Thailand masih siasat kes peras ugut PetroSaudi

BANGKOK: Polis Diraja Thailand masih dalam proses siasatan kes bekas eksekutif PetroSaudi International Xavier Andre Justo walaupun dia telah mengaku melakukan peras ugut dan cuba memeras bekas majikannya.

Jurucakap Polis Diraja Thailand Pol Lt Jen Prawuth Thavornsiri berkata Justo telah mengaku terhadap dakwaan mengenai memeras ugut dan cuba melakukan pemerasan terhadap bekas majikannya.

"Ya, dia telah mengaku," katanya ketika ditanya oleh Bernama sama ada Justo telah mengaku terhadap semua dakwaan peras ugut dan pemerasan.

Beliau berkata kes Justo akan dibicarakan di Thailand kerana kesalahan yang dikatakan itu dilakukan di Thailand.

Mengenai laporan berhubung permohonan polis Malaysia untuk menemu bual Justo, beliau berkata setakat ini tiada permintaan rasmi atau pihak berkenaan telah berhubung mengenai perkara itu.

Malaysia bukan pengadu atau terlibat dalam hal ini, hanya Thailand dan PetroSaudi terlibat, katanya selepas sidang media mingguan Polis Diraja Thailand di sini Rabu.

Ketika ditanya jika pegawai-pegawai Malaysia akan dibenarkan untuk menemui Justo, beliau berkata, pegawai asing dari negara-negara yang tidak terlibat dalam kes itu tidak akan dibenarkan menemui Justo.

"Apakah status para pegawai Malaysia dalam kes ini?' dia bertanya.
"Oleh kerana kes ini adalah masalah hubungan antarabangsa, kami tidak akan membenarkan mana-mana lawatan sehingga proses siasatan selesai," katanya sambil menegaskan beliau adalah satu-satunya orang yang diberi kuasa untuk bercakap mengenai kes tersebut.

Beliau berkata kes itu melibatkan Switzerland (kerana Justo ialah warga Switzerland), England, tempat PetroSaudi berdaftar, dan Thailand, tempat kesalahan dikatakan dilakukan.

Justo melakukan kesalahan itu di Thailand, jadi dia akan didakwa di Thailand di bawah undang-undang Thailand, katanya.

Mengenai lawatan Timbalan Ketua Polis Thailand Jakthip Chaijinda ke Kuala Lumpur esok, beliau berkata lawatan itu untuk berbincang mengenai isu pemerdagangan manusia.

Justo ditangkap di Koh Samui pada 22 Jun berdasarkan waran tangkap yang dikeluarkan oleh Mahkamah Jenayah Selatan Bangkok.

Tuduhan ke atasnya ialah cuba memeras ugut atau cuba melakukan pemerasan.

Dia dikatakan telah menuntut bayaran sehingga 2.5 juta Swiss franc (kira-kira RM10 juta) daripada PetroSaudi sebagai ganjaran tidak mendedahkan maklumat perniagaan yang telah dicurinya.

Read more at:http://www.astroawani.com/berita-dunia/thailand-masih-siasat-kes-peras-ugut-petrosaudi-64529?cp