Archive for April, 2019
Not many people like buying stolen goods, let alone one as huge as Equanimity, the superyacht once belonged to Jho Low (full name: Low Taek Jho). Although the luxury boat was not physically stolen, it was bought by Mr. Low for an eye-popping US$250 million (RM1 billion) using money stolen from 1MDB (1Malaysia Development Berhad). […]
... written on Apr 03 2019Najib Razak, the former Prime Minister of Malaysia, is terribly upset today. And it’s not hard to understand why. Already slapped with record 42 charges of criminal breach of trust (CBT), money laundering and abuse of power, he is now being asked to settle a huge bill – RM1.5 billion in unpaid taxes – the […]
... written on Apr 02 2019Very little was known about Saudi Aramco, the world’s biggest oil producer. Now, as the organization that produces about 10% of the world’s crude raises cash from the international financial market through bond sales, its financial secrets have slowly emerged. As part of a global roadshow, Aramco is now forced to reveal secrets closely guarded since […]
... written on Apr 02 2019Over the weekend, Najib Razak accused the government of harassing him. The poor former prime minister moaned, cried and bitched on his Facebook page that he could not peacefully eat his breakfast. Apparently, a small group of people still angry with his thievery carried some placards and a poster of him in clown makeup, and […]
... written on Apr 01 2019