Showing posts with label scam. Show all posts
Showing posts with label scam. Show all posts

Wednesday, 9 September 2015

Dr M returns but not United Arab Emirates' billions






Tun Dr Mahathir Mohamad returned home today after a working visit to Jordan and UK. The statesman's arrival, earlier than the scheduled 12.30pm ETA, at the Subang Sky Park terminal was welcomed by hundreds of supporters and well-wishers.

On another note an Abu Dhabi investment fund, linked to scandal-ridden Malaysian investment fund 1MDB, has alleged that USD1.4 billion (approximately  RM6billion at current exchange rate) of their money has NOT RETURNED. 

Once again The Wall Street Journal has this eye-opener for many blind Malaysians. 

The corruption scandal around an economic-development fund in Malaysia is spilling beyond the country’s borders, as officials at a United Arab Emirates state investment vehicle raise questions about more than a billion dollars in money that they said is missing.
Abu Dhabi has long been a source of support for the fund, 1Malaysia Development Bhd., which was set up six years ago by Malaysian Prime Minister Najib Razak to develop new industries in the Southeast Asian country. Now, as 1MDB tries to fend off a cash crunch, its backers in Abu Dhabi are asking what happened to a $1.4 billion payment the fund said it made but which they never received, two people familiar with the matter said.
The dispute comes as Mr. Najib is battling a separate scandal linked to 1MDB. Malaysian investigators are examining the transfer of hundreds of millions of dollars into the prime minister’s alleged private bank accounts through entities linked to 1MDB. The disclosures have sparked a political crisis and set off a handful of investigations around the world, destabilizing the government and damaging confidence in Malaysia’s economy.
Mr. Najib has denied wrongdoing and said he didn’t take money for personal gain.
The U.A.E. is trying to sever its ties to the fund and restructure the entity that provided it with financial support, the people said. 
More here in the WSJ


Saturday, 29 August 2015

Dr M - Saya sokong rakyat. Ini GERAKAN RAKYAT... People's Power!

Ini penjelasan terperinci Tun Dr Mahathir Mohamad kepada beberapa kemusykilan akan pendirian beliau terhadap kerisauan sebahagian besar rakyat Malaysia akan kepimpinan Najib Bin Tun Abdul Razak.
Penjelasan ini dibuat selepas Tun Dr Mahathir berucap dan berdialog bersama Bangsa Johor di Stadium Pasir Gudang petang tadi.
Ketibaan Tun Dr Mahathir di Stadium Pasir Gudang petang tadi
Sekembalinya ke Kuala Lumpur selepas majlis Bicara Negarawan di negeri Johor Tun Dr Mahathir serta Tun Dr Siti Hasmah terus ke Dataran Merdeka untuk bersama rakyat. 
Tun Dr Mahathir serta isteri bersama RAKYAT di Dataran Merdeka, Kuala Lumpur
Didalam rakaman di-atas dan sebelum itu dalam ucapan panjang lebar beliau dan sesi Soal-Jawab Tun Dr Mahathir berulang kali menegaskan bahawa beliau akan menyokong rakyat serta gerakan rakyat dan sebab mengapa beliau membuat keputusan untuk berbuat demikian. 

Dengar baik-baik dan fikir sendiri jika apa yang diperkatakan Tun Dr Mahathir Mohamad ini benar atau sebaliknya.

Kalau buta penglihatan tidak mengapa tetapi jangan buta hati.

P.S. Video Ucapan / Sesi Soal-Jawab di-SINI


Monday, 17 August 2015

More LIES about Malaysian Prime Minister in SARAWAK REPORT's latest article?

Hey Big Spender!

17 Aug 2015

Najib used both a Visa and a MasterCard on the 2014 holiday splurge
Prime Minister Najib Razak splashed over US$1 million on his credit cards during the month of August in the year following the election, according to information received by Sarawak Report.
The spending took place in Europe while he was on a summer holiday.

For most people to run up such a bill on mere expenses while on holiday would seem astounding, but the Prime Minister has always declined to explain how such conspicuous spending has been funded.

The bills were run up on two cards Najib was using in August 2014, a Visa and a MasterCard from CIMB & Maybank.

Over RM2.8 million was spent from the MasterCard and around RM500,000 was splashed on the Visa in just the one month.  Sarawak Report has further details.

Where does Malaysia’s ‘First Family’ get all their money?
Baubles and bags… costing millions…

This is just the latest information about conspicuous spending by Najib and his wife, but it comes after Malaysia was left wondering why he had transferred US$650 million out of the country, from money which he had earlier explained a donation to UMNO.

The Prime Minister and his wife have attracted world-wide scrutiny caused by their ostentatiousness.  In the United States news has seeped out of a jaw-dropping bill covering Rosmah’s stay at the Hotel Bel-Air, Beverly Hills, while spending Christmas with her son Riza in 2013.

Her bill for a week’s stay at the Hotel was over US$300,000, reliable sources have informed us.
Hollywood luxury…. but most guests don’t spend US$300,000 on a visit.

There have been numerous other reports of eye-catching spending, including the millions spent this year on the couple’s extended wedding celebrations for Rosmah’s daughter and a series of expensive houses purchased for Riza Aziz in the United States.

Last month Sarawak Report detailed how Rosmah’s fabled addiction to buying hugely expensive jewellery is managed through the same businessman who has been identified as the Prime Minister’s proxy at 1MDB, Jho Low.

It would therefore be incumbent on any Prime Minister in a country governed by the rule of law to give an account with regard to the series of unsustainable claims that have recently been made about supposed anonymous and secret ‘donations’ to UMNO in his personal account and missing billions from 1MDB being held in ‘units’ in banks.
Rosmah’s favoured New York yellow diamond seller…

Najib Razak has noticeably failed to deny our statement last week that over US$650 million were transferred back from his personal account in KL, supposedly managing the secret ‘donation’ from an anonymous source on behalf of UMNO, to the account in Falcon Bank in Singapore from where US$681 had originally been paid.

Our information is that there was in fact over a billion dollars from various sources in this particular AmPrivate Bank account in KL, belonging to Najib, in the period preceding what has been widely recognised as a bought election.

The US$650 was what remained when he closed the account in August 2013.

The Prime Minister has now after weeks of implied denial admitted the payment into this account of US$681 million, but is remaining silent over our latest information about where the remainder of this and the other sums was transferred.
Najib the centre of attention on the PetroSaudi yacht in 2009 – he was the rainmaker after all.

He has also provided no evidence of a shred of accountability over the expenditure of money that he says he was holding on behalf of the party and “not for personal use”.

Instead, his supporters have started to imply that a Malaysian Prime Minister (unlike for example a US President) should be considered to be above the law in and that any attempt to investigate this matter should be treated as a crime, rather than any crime itself.

The same supporters are now also claiming that the hallowed tradition of a vote of no confidence in a Prime Minister (used as the standard tool in parliaments across the world for getting rid of duds) should also be considered and illegal and unconstitutional device in Malaysia against Najib Razak.

The rest of Malaysia, however, will be forced in the absence of credible explanations to make inevitable deductions regarding the unexplained disappearances of public money and the coincidental but equally unexplained conspicuous spending of the person who was last handling it. - Sarawak Report 


I think its high time for Prime Minister Datuk Seri Najib bin Tun Abdul Razak to take legal action against Sarawak Report for telling lies and reporting absurd stories about him, his wife Datin Seri Rosmah Mansor and Datin Seri's son Reza Aziz.

This time around they are also reporting about Najib's credit card expenses. This is a BIG no. How could Sarawak Report do that? There must be a leakage somewhere. But wait, don't waste time on small flies. Sarawak Report's informers and moles can't sort this out, unless they have been fabricating evidence or tampering documents. Even Xavier Justo has not tampered or fabricated evidence as alleged earlier.

Obtaining a warrant of arrest against Sarawak Report editor and journalist Clare Newcastle Brown that could not be served or executed is also just as good as sending a wish list to Santa Claus. 

If whatever that Sarawak Report has reported so far, especially those abuse of power/corruption/money laundering/cheating and treachery allegations are nothing but fabricated lies against Najib and family then the Prime Minister has no choice but to sue Sarawak Report. 

Blocking access to Sarawak Report is not a solution. In fact blocking the site has now made it more popular that it is available through so many other platforms and sites (I get my feed through FB, Twitter and smartphone social messaging applications now while previously you had to search for the site on the WWW).

Whoever came up with the idea of blocking access to Sarawak Report, without any justification from MCMC to-date, have certainly not done the Prime Minister a favour (if that was indeed the intention).

Suppose the Prime Minister's lawyers are still busy seeking expert advice/opinions/etc before suing the Wall Street Journal for its reports about the detailed money trail of approximately RM2.6 billion making its way into his personal account, may I also suggest for the learned lawyers to include Sarawak Report in their list of 'those who must be sued' to clear Najib's name. 

Remember that this is not just about Najib the son of an illustrious former Prime Minister. It is very much about a serving Prime Minister of Malaysia and his flamboyantly popular wife and her son. How dare Sarawak Report talk about our first lady's handbags.

Sue them all. Najib should sue Tun Dr Mahathir too for saying "Najib has basically stolen the Government." 

 p.s. Big Spender is NOT spenda besar. 

Tuesday, 21 July 2015

1MDB - LESTER MELANYI DEBUNKED - Sarawak Report (Latest)


I don't agree that Sarawak Report should be blocked while dubious characters are allowed to feed stupid propaganda to Malaysians on national television and via mainstream newspapers. Thus I reproduce (copypaste) Sarawak Report's latest expose on the conspiracy to fool you and me.

I call upon those concerned to take on Sarawak Report by rebutting their expose point by point or by instituting legal action against them. Merely blocking Sarawak Report with dubious unverified reasons only makes the Government of Malaysia and the concerned authority a source for parody and jokes. Grow up! - Apanama


Latest from Sarawak Report below - 

LESTER MELANYI DEBUNKED
UMNO just needed to check this picture to reveal all Lester's story was fake
UMNO just needed to check this picture to reveal that all Lester’s story was fake
The video ‘confession’ maker Lester Melanyi could easily have been identified as a fraudster from the very start, by employing just the simplest of checks, as Sarawak Report’s own research into his online ‘testimony’ makes clear.
It begs the question why BN’s so-called strategic communications chief, Abdul Rahman Dahlan, has in a single stroke brought ridicule and disgrace on his own government, by championing Lester as an excuse to block the Sarawak Report website?
Over the past few days Lester has admitted to having been paid, while offering a string of convoluted allegations in a series of video interviews made for a pro-UMNO ‘NGO’ named Pertubuhan Minda dan Sosial Prihatin Malaysia.
Rahman leapt at the unsubstantiated material and proceeded to hold press conferences in order to denounce Sarawak Report, which has over several months produced closely researched and documented articles relating to the disappearance of billions of ringgit from the development fund 1MDB.
Rahman - selective against messengers
Rahman – selective against messengers
Even after members of his own party warned that Melanyi was well known to be a deeply unreliable and dishonest character in Kuching, Rahman lashed back that critics should not “shoot the messenger”.
Instead Rahman selectively chose to shoot down Sarawak Report, by banning this site on the judgement that Lester’s allegations had “proved” it to be publishing “blatant lies”.

Second set of videos

Thus protected by the Government Minister himself, who is willing to ban some media messengers while promoting others, Melanyi proceeded today to come out with further video ‘evidence’, much of which contradicted his previous testimony.
In particular, Lester told his interviewer about an alleged master forger and online expert, which he claimed Sarawak Report had used to concoct the multiple sourced documents relating to our exposures of malfeasance at 1MDB.
90% of all our material was forged Melanyi claimed:
“The web designer in London is very good in doing it. If you ask him to create money, he can create money for you and it may look genuine,” he added in the video [Malaysiakini]
In the video Lester gave the name of this fictitious forger. He is called  James Steward Stephen raved Melanyi, which is in fact the real name of the former Hollywood Star James Stewart.
The name of the alleged online expert and forger according to Lester's video
The name of the alleged online expert and forger according to Lester’s video
The video then treated viewers to an alleged picture of the master criminal, who was accused by Lester of assisting Sarawak Report in producing forged documents to discredit 1MDB and the Prime Minister of Malaysia.
These accusations were carried by Malaysian Mail online and numerous other media outlets, including the face of the gentleman below in a number of cases.
Alleged face of the master crook!
Alleged face of the master crook!
Unfortunately, as any online check makes clear this is the face of another Englishman, one James Steward (no Stephen), who works as a senior station manager for the bus company Abellio, based in Norwich.
The picture had been lifted from a website where he had been featured for giving a local talk on his actual professional speciality, which happens to be bus transport routes in the East of England.
At least it can be said he graduated in IT!
Manager for National Express Busses – at least it can be said he graduated in IT!
Mr Steward and his press team at Abellio were unamused when Sarawak Report contacted them earlier this afternoon to enquire about Mr Melanie’s allegations:
“This is a case of mistaken identity and James Steward does not have any connections with Malaysia….To reiterate, the person concerned is not James Steward (an employee of Abellio Greater Anglia). James’ name is James Steward, not James Steward Stephens” [Abellio press officer]
Under the circumstances we suggest that Lester Melanyi and UMNO issue a very hasty apology indeed to Mr Stephens for accusing him of being a master forger.  We suggest they repair their mistake.
And then perhaps Mr Melanyi could explain his lie?
The only fake is Lester!
The only fake is Lester!

Advance copies to alter

Another ridiculous and easily disproved claim by the somewhat tragi-comedic figure of Mr Melanyi was that Sarawak Report has been sending him “advance copies” of our articles for him to re-write before publication.
Jobless Lester had claimed he was a highly paid insider at Sarawak Report who got advance copies of stories..
Jobless Lester had claimed he was a highly paid insider at Sarawak Report who got advance copies of stories..
To illustrate this boast Lester’s video duly flashed up screen shots of our regular newsletter bulletins which are sent to over 7,000 subscribers to our site, who have signed up to be notified whenever we post a new story.
That means that over 7,000 people can testify directly that Lester is talking nonsense:
Lester produced as 'evidence' the normal newsletter he received, because like 7,000 other people he had signed up.
Lester produced as ‘evidence’ the normal newsletter he received, because like 7,000 other people he had signed up.
Sarawak Report asks how those interviewing Lester could have allowed themselves to publish such a stunning and libellous video, courting national and international publicity, without having made some basic checks first?
And how could a minister in the government have proved himself so incompetent not only to unquestioningly put his own and his party’s credibility on the line over such material without checking, but to also refuse to listen to warnings even from his own senior party members that Lester was a man without credibility?

Legal suits looming

Little wonder then that these video, which have been touted around Malaysia over the past few days are now sparking law suits.
Melanyi had raved, amongst other things, that opposition MPs had been involved in a so-called conspiracy to defame the Prime Minister and had met and communicated with him as part of the plotting.
Names he threw into the pot included Tony Pua, who had never before heard of this sad fantasist from Kuching and has notified he will be instituting libel action.
Melanyi is now also saying in his latest videos that he has met several times with Mr Xavier Justo, currently in jail in Thailand, and the subject of a separate defamation campaign being orchestrated by UMNO loyalists of the Prime Minister.
Nevertheless, Lester goes off script over Justo and describes him as a “nice guy” who could not possibly have tampered with anything.
“.. that he tampered the emails is definitely not true!” said Lester:

Since UMNO are so believing of Lester, then they should lobby for Justo to be set free from Thailand not for him to be held in jail!
Since UMNO are so believing of Lester, then they should lobby for Justo to be set free from Thailand not for him to be held in jail!
The “tampering” was all the job of the non-existent forger James Steward Stephen at Sarawak Report’s behest, Lester elaborated.
In this case, therefore, could the Malaysian Minister, who is so believing of everything Lester says, now exercise his good offices towards getting the innocent Mr Justo out of the Bangkok jail, where he has languished for over a month without charges, mainly because the Malaysian Government has been determined to accuse him of “tampering” documents that are damaging to the Prime Minister?

Changing stories

The promoters of Lester’s videos seem equally unperturbed that his story keeps changing as the lies are pointed out.
Two days ago Melanyi was claiming he had been in London from 2012 right up until 2014 working for $6000 a month of Sarawak Report!
But, after we pointed out that he had been sent back home in early 2011 after a short stint on Radio Free Sarawak.  And since the rest of Kuching has started to testify that Lester has been scrounging around town borrowing money, getting bankrupt and generally making a nuisance of himself for at least the past three years, he has changed his tale.
Today he was claiming he had even met Xavier Justo back in London “two or three years ago” when he was there.
In fact it was four years ago Lester
In fact it was four years ago Lester
There is no reason whatsoever to believe that Lester has met Justo any more than he has met Tony Pua.

Sticking up for Riza Aziz

It seems that part of the favour that Lester was being asked to perform in this attempt to defame everyone who has revealed awkward matters relating to 1MDB was to rescue the reputation of the PM’s son Riza Azia.
Out of huge numbers of articles written by Sarawak Report on 1MDB Melanyi selected one to say that he could specifically inform viewers it was false.
This was the article we wrote revealing Riza Aziz’s home in Beverley Hills, which had been passed on to him by the controversial 1MDB connected businessman, Jho Low.
He didn’t know the house, Lester slurred, but he could say the story was untrue.
"fake article" about the house of Riza Aziz, which Sarawak Report visited in Hollywood
“fake article” about the house of Riza Aziz, which Sarawak Report visited in Hollywood
Unfortunately for Lester and his backers this means that they are also accusing the New York Times of lying about the story.
Because, the New York Times have confirmed that the property belongs to Aziz and that it originally belonged to Jho Low.
In his next video Lester will have to remember to add the NYT to the growing list of conspirators and forgers being alleged as part of this plot to tell lies about the missing billions that are documented as having disappeared from 1MDB.

Sad characters should not be exploited

Sarawak Report has already made plain that UMNO’s PR people have not only blundered but behaved disgracefully in continuing to parade Lester Melanyi.
Anyone who views the videos can see that Lester is ill, not just in body but in mind.  He is known to be unable to continue to earn his living, having disappointed all his would be employers over the years.
Lester is bankrupt, desperate for money, in debt to all who know him and is a very well known liar.
UMNO have disgraced themselves by depending on his testimony and for axing a professionally run news website dedicated to investigative reporting in Malaysia on his words alone.
It is also disgraceful to parade a sick and desperate man for propaganda purposes, when he  is doing it for money and when his evidence is so shabby and so easily disproved.
Can Mr Rahman sink lower than this?  We will soon find out.
However, with supporters like him and Lester Melanyi, Najib need not look for enemies to his cause.






Tuesday, 7 July 2015

KENYATAAN MEDIA SIASATAN PASUKAN PETUGAS KHAS BERKENAAN DAKWAAN DANADISALURKAN KE AKAUN PERDANA MENTERI

KENYATAAN MEDIA 
SIASATAN PASUKAN PETUGAS KHAS BERKENAAN DAKWAAN DANA DISALURKAN KE AKAUN PERDANA MENTERI

Susulan kepada kenyataan media bertarikh 4 Julai 2015, Pasukan Petugas Khas ingin memaklumkan kemajuan tindakan-tindakan yang telah diambil oleh Pasukan ini sehingga kini. 

Perintah pembekuan enam akaun bank pihak-pihak yang dipercayai terlibat dalam kes ini telah pun dikeluarkan pada 6 Julai 2015. 

Selain itu, Pasukan Petugas Khas telah mengambil dokumen-dokumen berkaitan 17 akaun dari dua buah bank bagi membantu siasatan. 

Pasukan Petugas Khas juga telah mengambil dokumen-dokumen melibatkan isu ketidakpatuhan peraturan-peraturan dan kaedah Bank Negara Malaysia oleh bank terbabit. 

Siasatan masih berjalan. Justeru, Pasukan Petugas Khas menyeru kepada semua pihak agar memberi kerjasama sepenuhnya bagi melengkapkan siasatan.

Tan Sri Abdul Gani Patail
Peguam Negara Malaysia
Tan Sri Zeti Akhtar Aziz
Gabenor Bank Negara Malaysia

Tan Sri Khalid Abu Bakar
Ketua Polis Negara Malaysia
Tan Sri Abu Kassim Mohamed
Ketua Pesuruhjaya, Suruhanjaya Pencegahan Rasuah Malaysia
7 Julai 2015 

Friday, 3 July 2015

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