Corruption, money laundering and misconduct in public office
We shall wait for further details as to who is/are the owner/s of those frozen accounts in the now freezing Switzerland.
In the meantime it was reliably learned that the relevant authorities in Singapore, a banking haven closer to home, would also be taking baby steps forward in their probe into two bank accounts which were frozen by the Monetary Authority of Singapore in recent months.
Singapore is fully aware now that the island republic's reputation as a regional financial hub is at stake since the 1MDB-linked scandal involves money laundering and high level corruption. The Swiss have moved swiftly while the Singaporeans have been dragging their feet.
Some say the dragging was due to 'political considerations' but I think a more appropriate term could be due to the possibility of 'political blackmail'. Whatever it is it appears now that the room for political manoeuvres has shrunk tremendously in the last two weeks.
A highly placed source confirmed that Singapore has no choice now but to proceed with the criminal case since the Swiss and most likely their Hong Kong counterparts are expected to wrap up their money laundering and corruption probe of an 'international racket' linked to 1MDB and Prime Minister Datuk Seri Najib Razak.
P.S. I think the Prime Minister should be barred from leaving Malaysia... for his own good and to save this nation from further humiliation. Imagine if Najib is arrested in another country for some 1MDB related crime.