Transparency International - Independent investigation on the 700 million dollar man

Listen to the gentleman in the video. He is Michael Hershman an International Anti Corruption Conference (IACC) council member. 

He was commenting on the USD 700 million (RM2.6 billion) in Umno president Datuk Seri Najib Razak's personal bank account. This was in September 2015 during the 16th IACC in Putrajaya.

- Don't cover up, don't obstruct justice because it doesn't work. Tell the truth. 
- It is not going to go away. Delay is not going to make this issue go away. The truth will come out.

Transparency International chief Jose Ugaz who spoke at the opening of the conference too was openly critical of the suspected criminal. 

- There are two questions that need to be answered: Who paid the money and why? Where did it go?

- One man could answer those questions. If that does not happen then only a fully independent investigation, free from political interference, can uncover the truth.

- Until that happens, no claim from the government on anti-corruption will be credible.

- "Most insidious of all is political corruption. The twisting and distorting of the law by governments plagued by cronyism and captured by special interests"

Almost one and a half years have gone by since global anti-corruption movement leaders spoke out against the Umno president's infamous billions of ringgit in his personal bank account. 

That one man who could answer those questions have not done so. In fact he is bolder in his lies and deception without regards to rule of law or morality. There is not even an iota of decency, dignity or trustworthiness left in him. 

A fully independent investigation, free from political interference, to uncover the truth, as suggested by Jose Ugaz, is now timely. 

Ordinary Malaysians would welcome such an open investigation led by prominent, independent international investigators who seek truth above everything else.

Probably Transparency International could take the lead to uncover the evasive truth surrounding the approximately USD700 million in the Malaysian Prime Minister's personal bank account.

We must start somewhere to try and recover the billions of ringgit siphoned from the government of Malaysia via multiple financial tricks and investment scams. 

Why not start the ball rolling with the 700 million US dollars in Najib's Ambank account. After all he is the root cause of the biggest financial/corruption/kleptocracy scandal in the history of Malaysia.

p/s 

"You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time." - Abraham Lincoln

Double whammy for Najib Razak and 1MDB

Corruption, money laundering and misconduct in public office 

While World anti-corruption body Transparency International's chairman Jose Ugaz minced no words at the 16th International Anti-Corruption Conference in Putrajaya against Malaysian Prime Minister Najib Razak's antics following the discovery of the yet-to-be explained USD700 million in his personal bank account, the SWISS Attorney General have frozen bank accounts with "Tens of Millions of USD" linked to 1MDB. 

"The Office of the Attorney General has frozen the money held in Swiss bank accounts linked to the 1Malaysia Development Berhad, or 1MDB, on suspicions of corruption and money laundering, a spokesman said. He declined to give an exact figure for the amounts involved, but said it amounted to several tens of millions of dollars.

On Aug. 14, the OAG launched criminal proceeding against two executives of the fund as well as against other persons unknown for suspected corruption of foreign officials, misconduct in a public office and suspected money laundering." - The Wall Street Journal

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.

Stay tuned. 

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.