Thursday, April 28, 2016

Will it be in KL ...


There was a Federal court judgement today on the divorce case between MUI boss, Tan Sri Khoo Kay Peng and his estranged wife and former Miss Malaysia, Puan Sri Pauline Chai Siew Phin.

Puan Sri already lost at the Court of Appeal in June last year. The Federal court ruling will mean the trial for their divorce case will be held in Kuala Lumpur.

This blog have been following the case since 2014 to seek answer to an age old corporate mystery as to another shareholder of MUI Group. It has no more political relevance since a recent about turn but the curiosity remains.

Few  months back, there was also a court order in the UK to settle. There is also a concurrent suit on his same divorce case running there.

So, will it be in UK ...?

This is one "sedap" laksa breakfast


They serve laksa for breakfast in Sarawak, Laksa Sarawak that is. It is not unusual for noodle to be served for breakfast. But for laksa, this is the first time.

In Johor, mee rebus is served for breakfast with few sticks of sate in Johor. Interestingly, it is noticed mee jawa is served for breakfast with few sticks of satay in Sarawak.

There are javanese in Sarawak but not sure there are Johorean javanese. Nevertheless, there are substantial number of Sarawakians, including Iban working in Pasir Gudang, Johor Baru.

What better place to go for Laksa Sarawak in Kuching than to Mom's Laksa. The establishment owned by a Haji Tahir is rated by local as the best laksa in town and it is supposedly very popular.

Wednesday, April 27, 2016

Thursday, April 21, 2016

Will Sarawak Chinese care about 1MDB or CM?


This was an ad found in Malaysiakini in one of the reports they are trying hard to intensify the current problems related to Aabar BVI.

Though DAP Sarawak is working hard to give the impression that they are an independent thinking entity within DAP thus not an extension of a Peninsular party, it would be the political campaign they have to take.

They are not likely to lead the next government in Sarawak, especially with the intensive dispute for seats with ambitous but unable to deliver PKR. The more realistic target would be to help central DAP to topple BN using the 1MDB issue that is currently tarnishing Dato Najib.

From conversations in Kuching and Miri yesterday, 1MDB is of no consequence to the voters. In fact, Sarawak rural voters and certain circle of business people benefited directly or indirectly from 1MDB's CSR and investment.

Wednesday, April 20, 2016

Miri on my mind


Miri, Miri
The whole day through
Just an old sweet song
Keeps Miri on my mind

I said Miri
Miri
A song of you
Comes as sweet and clear
As moonlight through the well
Sorry, sorry ... it is supposed to be "Georgia on my mind".

Anyway we are off to Sarawak on the first flight this morning. Stopping over Kuching to off-load chocolates for a friend's kids before moving on to Miri. 

Something to learn on Miri on Wikipedia here.

Not so much as helping out the Sarawak campaign but merely going there as political tourist.

The Sarawakian know their politics better. Let's not pollute their mind with Semenanjung's nasty and adversarial politics.

Tuesday, April 19, 2016

MACC: Don't burn the mosquito net


It does not matter whether it favours Lim Guan Eng or Dato Abdul Rahman Dahlan to cancel the debate.

The long and short story is it is subjudice to the investigation to have the debate. One can refer to Section 29 (4) of the MACC Act 2009 here.

Both of them are still dishing their last word. Better stop or they could end up in the same cell together. Then they can debate without any interference from authorities.

However, there is no audience to hear Rahman's unanswered issues. Guan Eng side had plan to play up on a Rahman error on the per sq feet of land value vis-a-vis property value. Frankly, it serve no purpose because there will be grandstanding.

The concern now is the mistrust against MACC has culminated to what seemed to be an act of "marah nyamuk bakar kelambu". Suspicion of special treatment to Guan Eng cannot be the reason to destroy this important institution.

Monday, April 18, 2016

IPIC pullout: Get popcorn, but no need "bomba" yet


Bloger saja cukup ...

Just when the rationalisation was going on smoothly and Arul Kanda can comfortably say his job is finish, thus only to maintain the 1MDB shell company, something is bound to happen.

It has been this way everytime some good development about to happen.

Arul said at the end of March that 1MDB will be debt free within weeks. And indeed it did. 1MDB had just received the RM9.83 billion from sales of Edra.

They immediately settled the RM950 million standby credit from the Government, RM150 million financing facility from Exim Bank, and RM2.0 billion debt from purchase of Powertek. Some RM7.25 billion debt repayment were made.

1MDB came out of the exercise with cash surplus of RM2.3 billion in which it would not happen should RM42 billion went missing.

Off course, the ANC will always be up to something. If it is not some expose, new or recycled, it could be like the extensive nitpicking on the PAC report.

This time it is the first deal that Arul Kanda announced upon joining 1MDB.

Sunday, April 17, 2016

Tony Pua "prematurely ejaculated" on Aabar BVI

As of tonight, Lim Kit Siang's blog team dedicated four postings with their typical paragraph long titles on the latest revelation by the IPIC announcement to the London Stock Exchange [read here, here, here and here].


They must be thinking 1MDB is cornered and the bogus and fraudulent company, Aabar Investment PJSC Ltd (Aabar BVI) will expose Dato Najib's scam to embezzle money from 1MDB.

Sarawak Report highlighted extracts of the PAC hansard where Tony Pua was trying too hard to corner Arul Kanda in his questions and place the blame on him.

However, the same SR posting could only attempt to implicate former Aabar CEO Mohamed Badawy Al-Husseiny as the signatory in the incorporation of the bogus BVI company.

Arul is not wrong to stay put by insisting 1MDB made the payment as requested and dealt with the Aabar and IPIC top executives.

Tony was overzealous with political sensationalism to blame and subsequently, repeat the call for Dato Najib resignation. No wonder he has yet to find the closure silver bullet to an issue he dwelled on for the past two years.

His problem is premature ejaculation. Shooting off too soon.

Saturday, April 16, 2016

Relief for Guan Eng, but how about for Tony Pua?


There will be no Rahman Dahlan-Guan Eng debate ...

That is the advise of police chief, Tan Sri Khalid Abu Bakar and MACC Director Dato Azam Baki. TV3 announced there is no debate. It is a relief for Lim Guan Eng as our previous posting argued.

In the meanwhile, Arul Kanda has accepted Tony Pua's challenge.

Tony Pua thinks he has got the 1MDB issue cornered with the latest development on IPIC and Aabar and his alleged missing USD7 billion. He will be surprise as Sarawak Report itself has admitted it as a non issue though still trying to point blame at Dato Najib.

Some commentator was thinking this blog was stunt by this development and not able to reply. On the contrary, My Dear Watson. Why comment over recycle allegation? Didn't 1MDB answered already last year?

Thursday, April 14, 2016

To debate or not to debate, MACC?


The Rahman Dahlan vs Lim Guan Eng debate is set for April 19th, next week. So stay tune to TV3 for next Tuesday night.

MACC has called on both parties to not proceed with the debate through a statement by the Chairman of the Special Committee on Corruption, Tan Sri Zahar Ujang.

It seems Tan Sri Abu Kassim is shunning away from making any public statement. It is sad that there is a perception that MACC is now #1 enemy of the state.    

Hope the silence has got nothing to do with this posting here. It does not mean this blog stopped supporting MACC in their fight against corruption. Just like parents spank their kids because they love them, it is the same.

It is to make sure MACC do not go on the wrong path.

Tuesday, April 12, 2016

More important for Zakar and Zikir Naik


The presence of an Indian Muslim interfaith debator, Dr Zakir Naik attracted 30,000 in Kuala Terengganu.

That agitated some segment of the Hindu community that IGP had to initially cancel the scheduled Melaka do. The Hindu were upset of a statement Zakir Naik made during a debate with a Hindu in India that had offended them.

It is quite the usual exchanges in an inter-faith debate about my religion is right but your's is wrong. The Muslims seemed to feel nothing wrong with that, but when something is said about Islam, they can be equally emotional.

Keling being Keling, they can dished out but lack patience and tend to be emotional and easily agitated when are dished back. They now using this as an excuse to take their dispute into our country.

Monday, April 11, 2016

Supposed it is Wahid Omar instead ...


Thought a light casual Sunday posting on Dato Dr Awang Adek's return back to Kuala Lumpur would remain as it is, light and casual.

But, no ... we were beseiged by SMS, Whass App meesages and calls from friends expressing reservation.

It went till late into 2:00 AM intersperse with other conversation on Johor politics and Ibrahim Ali trying to run on PAS ticket for Pasir Mas for next GE.

Excuses range from too many Kelantanis in civil servants, him being a politician, and resemblance to a cigar chomping Rani Kulop in suits.


Sunday, April 10, 2016

Guess whose back to KL?


A diplomat finished his term abroad and returns home.

Since he is a politician and UMNO Division head of Bachok Kelantan, there is reception for him at the airport.

It is quite the usual ritual of welcoming a "party boss" back.

However, a few Kelantanis were excited with this development and viral the above Facebook posting. Wonder why are they excited?

Thursday, April 07, 2016

Didn't we say Tun M is wrong and go after Shahrol?


This blog started hinting way back in April 2015 that the person responsible for the crap faced by 1MDB was first CEO of TIA / 1MDB, Dato Shahrol Halmi.

But, the problem with many people out there is they do not read and lack sensibility in their logic. Seldom they are too quick at making simplistic assumptions based on limited public information.

Generally, there is a tendency to swallow every bull the old man dish out like a cow feeding hay at the hands of it's owner even though there exist a long list of erroneous facts.

Since then, we been inserting the fact that it is Jho Loh and Shahrol that is supposed to be investigated and not simply blame on Dato Najib. Patience must have run thin when it was blurted outright in the postings Presumed Guilty II and Presumed Guilty III in February this year.

Today, PAC report confirmed what we have been saying all along. Najib should not be held accountable but it is the management, specifically Shahrol as the one with the fiduciary duty is at fault and the culprit.

For those insistent Najib tried to stop investigation

Is this going to be the end of Najib? Are we going to see Mukhriz closer to the office of the Prime Minister? (Dato) Kadir (Jasin) told his friends that this month of April is the final month for Najib. 
 Now have we not heard this before.
First it was July 2015, then August, then September, then October, then November, then December. And now it is supposed to be April 2016.
But why the hurry?

If it is true that if Najib remains Prime Minister then Barisan Nasional and Umno are going to get kicked out in the next general election in 2018, why not just wait another two years and then Barisan Nasional and Umno will get kicked out and in that same process Najib will get kicked out together with his party?
We are taking excerpt from RPK's The reason for the hurry to finish off Najib".

Tuesday, April 05, 2016

Nazir is unfit to assume positions in CIMB, Khazanah and BNM


It is irrelevant that Dato Nazir Tun Abdul Abdul Razak is the youngest brother of Dato Najib Tun Abdul Razak. Neither does it matter that their father is our idol, Tun Abdul Razak.

An issue has to be seen from the perspective of the facts of the issue and nothing else. His relation to the Prime Minister is of no consequence. That maybe unrealistic to ignore but we are not insulting the PM.  

This blog have been critical of Nazir so nothing and no one will hold us back from calling for his resignation as CIMB Chairman, and member of the Board of Director of Khazanah. The Wall Street Journal made a revelation and Nazir admitted.

It does not matter that Nazir is close to Bank Negara Malaysia Governor, Tan Sri Dr Zeti Akhtar Aziz. He not only should not be considered for the position of BNM Governor, but should be investigated.

And, never ever should he get to be Minister of Finance.

This is no more the first cabinet of Malaya where brothers can be members of the cabinet. Malaysia should be beyond such feudel thinking.

Monday, April 04, 2016

Little Najib gets to meet Big Najib


Remember the posting about the kid that screamed in horror for not getting the sharpener for his sketch pencils? [Read back the posting here.]

The kid, Mohamed Najib finally got his wish, as told by elder sister, Soraya to come true.

Little Najib got to meet Big Najib at the recent opening of the Permata Kurnia National Austism Centre. Soraya too got her chance last Thursday.

Big Najib explained the need for the centre. Bernama report from Malaysian Digest reproduced below:

Friday, April 01, 2016

Many asses got burnt


It looks like any other typical 1-2-3 bang tactic employed by Tun Dr Mahathir.

There was the less than expected crowd at the Kongress Rakyat without PAS, Tengku Razaleigh and Datin Seri Wan Azizah, then the far from 3 to 4,000 turnout at Rafizi's and use of foreign media.

Instead of achieving what they set out to do, it turned out to be one boo boo after another including open squabbles between Tun Dr Mahathir and Ku Li, and Wan Azizah dismiss Deklarasi Rakyat for it's intention to bring someone rather than a reform agenda. It was a right in the face critic of Tun M.

It may seemed like Tun M got his ass burned but it is not just him. There are many more.

Perception of Fear


Four Corners documentary feature ny ABC Australia to create a perception of fear pervading Malaysia under Dato Najib. It would have been more relevent for a Malaysia under admit-dictator Tun M.

The attwmpt by ABC to Australians is meaningless since only Malaysians voters matter.

So it could be intended for the impending Sarawak state election. Co-incidently, the feature begin with attempt by two ABC reporters to break security to get a statement from Najib in Kuching.

It become a controversy because police was going to charge the reporters for breaking the law.

Frankly, equal blame should be directed at Najib's security detail. Though can be unnecessarily rough and harsh to the public at times, they slackened when it really matters.

The documentary may be well produced but for the discerning observers, it has no credibility, wrong on facts and tried to join together unrelated events. The state owned television looked outright vengeful.

With issues like submarine revived, they were recycling old issues and over dramatised by tying unrelated murders of Kelvin Morais, Altantunya, and Hussein Najadi to the current accusation of money laundering.

Getting quotes from Charles Morais, late PI Bala, Cynthia Gabriel, Pascale Najadi, Clare Brown, Tony Pua, Dato Khairuddin Abu Hassan and Tun Dr Mahathir gave grounds to the discerning viewers to dismiss it.

Gen Y and Z boleh la ditipu buta-buta ...

Four Corner spin

The documentary below:


Lim Sian See commented:
Yesterday's ABC documentary; 'Four Corners': State of Fear" done by the two Australians who tried to ambush Najib going into the mosque in Sarawak aired on TV - including in Malaysia.

The documentary recycled a bunch of old allegations including Altantuya/scorpene and any blind person can see that it seems to propaganda that is purpose built to paint as bad a picture as they can on PM Najib.

This basically ignores the fact that Altantuya's murder went thru three court trials and PM was never implicated in this trial.

But what is new is that Mahathir admitted that he had talked to convicted murderer Sirul supposedly to "help him get asylum" in the Australia. Mahathir claimed he asked for nothing in return!

Yeah right, we believe you that Mahathir is now an immigration lawyer and can help Sirul and expecting nothing in return.

No wonder Sirul had made a series of video "confession" claiming that certain high profile leaders had asked Sirul to unfairly frame Najib in return for certain favours.

Mahathir has admitted to talking to Sirul and I believe PDRM should investigate Sirul and Mahathir if there was conspiracy by Mahathir to frame Najib by promising freedom for Sirul.
He should be investigated for the crime of abetting a convict to escape. Since he said in the documentary that institution to safeguard public interest is not functioning anymore, it should start with him.

After all, late Tun Abdul Rahman said it was him that started the breakdown of public institution.

Continuing with Sian See:
The fact that 4 Corners still tried to blame Kevin Morais' murder on Najib on the pretext that he was investigating Najib's RM2.6b is also astounding as his murder has now gone to trial with seven suspects.

Also, I cannot understand why they would want to take out Kevin Morais who was not even working on this case when the rest of the investigation team including the ex-AG is still around - it makes no sense.

And what happened to the so-called pen-drive full of evidence that Kevin's brother said he has and threatened to review 6 months ago?

Can't you just drop the contents of the pen-drive into Google Drive and send us the link? What decade are you living in?
Clare said the charge sheet was a smoking gun but it blew open a set-up by Gani Patail

Also, the 4 corners program said that ex-AG Gani, who was in communication with ex-DPM Muhyiddin, was about to file charges against Najib just before he was replaced.

It is simply beyond belief that these journalist would even dare run this story knowing full well that the MACC investigation papers on Najib was not even completed and sent to the AG Office for further actions.

Heck! Najib, the so-called main suspect was not even questioned yet so how can the investigations be completed?

And if investigations are not completed and the file not sent to the AG for further action, how can charges be filed?
The fake charge sheet shows CSR Manager being charged?
He know nuts on the fund raising

Surely experienced journalists know this.

In fact, are we to believe that MACC and the AG's effectiveness and efficiency has reached an entirely new level where investigations started on July 3rd 2015 would mean charges by July 27th 2015?

That would be incredible speed of our legal system - never seen before and seen since.

It either points to a high-level conspiracy to frame or the entire ex-AG story is not credible - especially since our ex-AG himself have not said a word about this.

However, the program did indeed have a new revelation

Thought the guy looks like a make-up Matthias Chang
Their crew had been apparently shown the bank documents by an unnamed 'high-level source'.

“The banking documents reveal an extraordinary and steady flow of money between 2011 and 2014,”

Among others, US$75 million came from a Saudi prince, while another US$80 million came from the Saudi Arabia's Ministry of Finance.

A further US$120 million supposedly came from an unnamed British Virgin Islands shell company.

The documentary also listed two transactions in March 2013 that supposedly came from another BVI company, totalling US$681 million. This is the often-reported RM2.6 billion political donation.

The total received by Najib, according to the documentary, was US$1.03 billion (RM4.14 billion) by April 10, 2013 - just over a month prior to the 13th general election.

Now why would the Saudi Ministry of Finance send money directly to Najib's accounts?

This is significant as this is no longer just a transfer from individuals in the Royal family but the actual Saudi Arabia Govt itself.

That Saudi MOF transfer is just one of the 4 transactions.

Do remember that MACC said they had interviewed the donor who confirmed that all 4 transactions were from Saudi and was a political contribution.

MACC had long ago said they have 4 letters for the four transfers lodged at the time of transfer - all from the same person. This means that the donor was sending funding to Najib via different accounts and sources - which is not unusual as you would expect the Saudi country and Royal family to have money all over the world and kept there for confidentiality purposes.

Which means the person who lodged the letter for the transfer from the Saudi Ministry of Finance was also the same person who lodged the letter for the 2013 RM2.6b transfer - which WSJ had claimed Najib had returned most of the money right after GE13.

And is this why Najib and our government does not want to reveal too much information on the deals?

That this is an official Saudi Govt covert initiative and it is not right for Najib and Malaysia to disclose other countries covert initiatives?

Is this also why the foreign media seems obsessed on this issue to find out how Saudi Arabia funds other countries and is trying to get an admission?

All in all, this 4 corners programme looks and fells like an exercise in planned propaganda to paint PM Najib as black as they can.

In fact, they interviewed all those politicians and NGOs who are known to be anti-Najib but did not interview anyone who is pro-Najib nor anyone who would be seen as neutral - which goes against the very essence of balanced reporting.

Just for laugh

For laugh, Tun M said he suspect undesirable activities.

Since people always say he always knows what he is talking about though have made many factual errors, when is the proofs on RM42 billion lesap to be revealed?

Why buyers for Edra and Bandar Malaysia, and debt for asset swap still see value in 1MDB assets? Shouldn't it be valueless assets?!

He said the institution to safeguarding public interest is not functioning anymore. Sure ... if only Tunku Abdul Rahman and Tun Hussein Onn are still alive.

He has just quit Proton and other government positions held. Bigdog's posting here may have been too much for him.

Quite typical to mess things for others to clean up and eventually topple the ones cleaning up the mess. At least we can move forward on Proton. Read Bigdog here also.

Check out Tan Sri Annuar Musa reply on Tun M's dedak comment:
Saya rasa bukan soal orang yang menyokong itu makan dedak tapi ini soal orang yang menentang itu tidak dapat makan dedak.


Tony Pua said every project of 1MDB end up failing into billion of debt that could not be paid.

This blog revealed who triggered the problem - both certain Bank Negara official on the loan side and opposition in sabotaging the listing of Edra. It could have been paid off all and sundry.

Did 1MDB loss any money, Pua? That should be the more important yardstick to compare with Tun M's multitude of failed ventures.

WSJ admit

Sorry can't find the WSJ clipping

The blackest burnt ass will be on Wall Street Journal.

They claimed Jakel is a "luxury clothing retailer" (what a laugh) in which they were only selling at rip-off prices but admitted Najib's money came from the Saudi.

[Update] The following video clipping explained:


Tun M said ...


This letter was no bullshit, sir:


Relating to the letter, read Syed Akbar got his black ass fried for saying the wrong thing. To say the chronology of event was wrong, bacalah betul-betul ...it was only a suggestion for GMM.

Prime Minister's Office released the following statement:
STATEMENT ON THE WALL STREET JOURNAL
BY THE PRIME MINISTER’S PRESS SECRETARY

Today, for the first time, the Wall Street Journal has been forced to admit that at least some of the funds donated to the Prime Minister came from Saudi Arabia.

For nearly a year, the WSJ denied that the funds came from Saudi Arabia, and attacked all those who suggested otherwise.

This included the Attorney General who, after reviewing the exhaustive investigations and examining all the evidence – including wire transfers and interviews with the Royal Family – confirmed that the funds were a donation from the Royal Family of Saudi Arabia.

Neither the confirmation from lawful Malaysian authorities, nor the Foreign Minister of Saudi Arabia, nor reputable outlets such as the BBC and Daily Telegraph, was enough to make the WSJ stop their attacks or denials that any of the funds had come from Saudi Arabia.

This exposed the bias in the WSJ's reporting, and made clear that their coverage was not driven by an impartial desire to cover the facts. Instead, their reporting was based on false information they were willingly fed by Tun Mahathir's Anti-Najib Campaign.

Maybe it's their embarrassment that stops them accepting the facts in full. Namely, as the Prime Minister has always maintained, the funds were a donation from Saudi Arabia – as the evidence shows.

However, today is a small step towards the WSJ admitting that they have been wrong all along – and that they were wrong to base their reporting on unnamed and anonymous sources who have never been revealed and may not even exist.

DATUK SERI TENGKU SARIFFUDDIN
PRESS SECRETARY TO THE PRIME MINISTER
It means Najib had been proven right all along [read Rocky Bru's January 27th posting here and The Star here].

Hope Datuk Hafarizam will sue WSJ next Tuesday.

Nazir's black eye


Equally blackened ass and with a black eye is Dato Nazir Tun Razak. He was so vocal against 1MDB and recently tone down to say never again 1MDB.

WSJ confirm this blog's long suspicion that Nazir's loud mouth is basically covering up for his own failings. In this case, he was involved.

[This blog have been writing extensively about him and his mess. Google it]

Straits Times of Singapore has the story. Read below:
Nazir 'received, then disbursed funds from Najib's bank account', says WSJ
Shannon Teoh  Malaysia Bureau Chief In Kuala Lumpur

Prominent banker Nazir Razak, who has been critical of the state of Malaysia's institutions and politics, has found himself embroiled in a financial scandal swirling around his brother, Prime Minister Najib Razak.

The Wall Street Journal (WSJ) reported that Datuk Seri Nazir received US$7 million (S$9.4 million) transferred into his account from his older brother's, and the money was then disbursed to Umno politicians ahead of the 2013 General Election.

The newspaper said that Mr Nazir, who was chief executive of CIMB at the time, confirmed in a statement that the money was distributed in accordance with instructions from party leaders. He also said he believed the money was from donations he helped to raise from Malaysian companies and individuals for the election.

"I had no knowledge whatsoever that these funds may have originated from any other source," he said in the statement. "The entire amount was paid out in cash to various recipients according to the instructions of the party president, and the account was closed with a zero balance."

The WSJ article centred on allegations that money from 1Malaysia Development Berhad (1MDB) was used by Datuk Seri Najib, the state investor's advisory chief, for both political and personal purposes.

1MDB has denied the allegations, while Mr Najib has insisted that US$681 million found in his personal accounts was a donation from the Saudi royal family "to be used as the Prime Minister saw fit".

The Prime Minister's Office accused the WSJ of bias yesterday, saying in a statement that the newspaper's position has shifted to "admit that at least some of the funds" came from Saudi Arabia.

Mr Nazir's involvement in the disbursement of political funds has drawn surprise. Since becoming CIMB chairman in 2014, he has been vocal about national issues. He has slammed 1MDB and called for its board to resign, while bemoaning the state of the country that his brother has governed since 2009.

Last June, he announced plans to launch a non-governmental organisation with former deputy minister Saifuddin Abdullah to champion moderate views. "I just can't see how our institutions can recover, how our political atmosphere can become less toxic, how our international reputation can be repaired," he had said in February.

Datuk Saifuddin, who left Umno last October, told The Straits Times he was quite surprised by the WSJ report, as he was unaware that Mr Nazir had been involved in disbursing party funds, although raising money to help politicians is a normal practice.

Malaysia's integrity minister Paul Low, who heads a newly established committee to recommend regulations on political funding, made it clear that such activities were "not regulated at all".

He said: "This is precisely why we need regulations to distinguish (between) what are political funds and what are not, and if it is political, then we must ensure full disclosure."

A top finance executive familiar with political funding told The Straits Times that "as CEO of a major bank, I wouldn't do it, because now you are tarnished".

"I understand wanting to help (Mr Nazir helping his brother), but admitting you helped raise funds will lead people to assume it came from your clients because every big guy in town was his client. It raises the question of 'fit and proper'. Putting it in your personal account also seems careless," he said.

Mr Nazir did not specify the individuals the money was disbursed to, or why his personal account was used. CIMB officials have not responded to queries.

Adding to 1MDB's woes, Luxembourg's state prosecutor has launched an inquiry into allegations of money laundering by 1MDB in 2012 and 2013, Reuters said yesterday.

The prosecutor said there was evidence that funds held by the Malaysian government in offshore accounts in Singapore, Switzerland and Luxembourg had been misused, it said.
Misused? Then go after the operator or management. How is a PM to know everything?

Since they are investigating, do contact 1MDB or give their list of specific enquiries to the Attorney General Office.

Not just talk to the press for self political mileage as a certain other foreign agency did. When the final letter came in, the request is hardly significant.

Back to Nazir, he responded. He said to ST, except below:
"I had no knowledge whatsoever that these funds may have originated from any other source," he said in the statement.

"The entire amount was paid out in cash to various recipients according to the instructions of the party president, and the account was closed with a zero balance."
But, why now only after WSJ revealed on him? [Update] Rahim Zanudfin poser to Nazir on FMT here was where is his due dilligence?

[Update 4/4] Dato Dr Puad Zarkashi highlighted that Nazir was wring. There is no law against political donation:



Now that Tun M have resigned from Proton, Rocky Bru asked whether Nazir should consider quitting his positions in CIMB, Khazanah and all government appointments.

It would be useful to help alleviate unemployment problem in the country. Many 5-year working Gen Y thinks they are ready to fill up his positions. Argument is give them a chance.

Nazir's saved fat salary can be donated to an education fund to send deserving student like an Engineering student bound for UCL.

Love it when we are right!

Edited: 2/4/2016 9:00 AM

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