Daim Zainuddin, the head of Council of Eminent Person, has shed more light into the 1MDB scandal. In a talk show on TV3, the former finance minister during Mahathir’s era reveals that the new government has sufficient evidence to prosecute all those involved in the misappropriation of funds from 1Malaysia Development Berhad (1MDB).
He said – “We have evidence of the money trail involving 1MDB. We know who received it and who did not. They cannot run away.” Well, there’s at least one person who had actually ran away – Jho Low. Believed to be still in China, it would be a challenge to extradite the fat boy back home to face justice considering the tricky relationship between Malaysia and China.
How do we know Jho Low (fullname: Low Taek Jho), the partner-in-crime of the disgraced Najib Razak is in China? That’s because Mr. Daim has also revealed that Jho Low had attempted to contact him several times, even before he went to China in July to deliver a private letter from Prime Minister Mahathir Mohamad to Chinese Premier Li Keqiang.
Apparently, Daim claims that Jho Low had attempted to contact him several times to help resolve issues relating to the 1MDB scandal. Interestingly, in June, the same fugitive was reportedly tried to reach out to Mahathir Mohamad after he was sworn in as Prime Minister to offer his assistance on matters related to 1MDB.
Daim said – “When PM Mahathir Mohamad wanted to send me to China, Jho Low contacted and wanted to talk to me but I turned him down, he called but I told him to speak to my representative. He said he could assist (on matters relating to 1MDB) (but) before this I have said in the first media conference with the CEP, that if he is not guilty, he should return, that night he called me.”
It seems Jho Low was absolutely desperate after the shocking defeat of ex-premier Najib Razak in the May 9th general election. First, he tried to cut a deal with Mahathir. Probably thinking the 93-year-old premier was a sucker, the 1MDB mastermind reportedly offered to drop his claim to more than US$1 billion in assets in exchange for immunity. Mahathir rejected the deal.
Then the desperate Jho Low tried to contact the next person closest to Mahathir – Daim Zainuddin. The fact that the billionaire fugitive attempted to contact both in June and July before Mahathir’s August official visit to China proves that he planned to meet and strike a deal in the mainland, arguably the safest place he can hide while live in luxury.
Daim Zainuddin said that since the Pakatan Harapan government took over the administration of the country, those involved in the 1MDB scandal were willing to become witnesses to explain what actually transpired. However, Mr. Daim confirmed that Jho Low is the mastermind, suggesting that there is no way the Penang-born fugitive can make a deal.
The 80-year-old Daim said – “Jho Low is certainly the mastermind, we have yet to complete the investigation but we receive new evidence every day which is shocking. Jho Low in involved for the link with Abu Dhabi, link with Saudi Arabia, America, Australia, Hong Kong, Singapore, Switzerland. The whole world knows, CNN, BBC, Chinese news media, even Africa knows.”
The new information mentioned by Daim refers to several confidential files on the sovereign investment fund that had been locked by the previous Barisan Nasional administration led by Najib Razak. However, Daim indicated that prosecution would not be immediate as the Malaysian Anti-Corruption Commission (MACC) still has about 40% of its investigations to complete.
Yes, despite pro-Najib cybertroopers, propagandists and bloggers’ spins and twists that Mahathir and Jho Low were conspiring to send the crooked Najib to prison, it appears that Jho Low and Najib Razak were actually at each other’s throats from the moment the previous Barisan Nasional government collapses.
Jho Low wanted to surrender US$1 billion of stolen assets while keeping the rest for himself as well as to provide “limited information” as to where Najib and his family members have hidden their stash around the world. Najib, on the other hand, had pretended to be stupid and ignorant in the scandal and pointed his finger at Jho Low, as in the case of the RM1 billion “Equanimity” superyacht.
After the luxury yacht was handed over to Malaysian authorities by Indonesia in early August, Najib told reporters at the Parliament lobby that fugitive businessman Jho Low should be held accountable if the Equanimity superyacht was obtained through illegal means. He said – “If the yacht was obtained in a manner that is illegal, then he has to be accountable for it.”
But as far as the Malaysian government in concerned, both Jho Low and Najib Razak were the biggest sharks who had been looting and plundering the national coffers to dry. The scandal involving both individuals was simply too massive and high profile to be covered up. It would create more problems and negative perceptions if Jho Low is turned witness against Najib.
Najib has been charged with corruption and power abuse in connection with some RM42 million missing from 1MDB former unit, SRC International Sdn Bhd. Besides warrants of arrest, Jho Low and his father, Larry Low, have also been charged with money laundering in absentia over the scandal. All the crooks associated with 1MDB want to become witnesses but neither Najib Razak nor Jho Low can be one of them.
Other Articles That May Interest You …
- Attorney General’s Proactive Act In Claiming Superyacht Equanimity May Have Saved RM650 Million
- Mahathir Cleverly Brings Home $250 Million “Equanimity” Yacht Before Fugitive Jho Low Claims It
- Singapore Will Be Seen As Harbouring Crooks If Jho Low’s $35 Million Bombardier Jet Is Not Returned
- I’m Fat But I’m Cute … And Fast – Billionaire Fugitive Jho Low Fled To China, Planning To Meet PM Mahathir
- No Deal For Bad Deal – Najib & Jho Low In A State Of Panic After Mahathir Rejects Immunity Deal
- Why The Hell Didn’t Crooks Najib And Rosmah Flee Instantly After They Lost The Election?
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September 6th, 2018 by financetwitter
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