Scam
Who is Dr Shamsul Anwar Sulaiman? He was the managing director of Ihsan Perdana, a shelf company. The funny thing was despite Dr Shamsul being one of only two shareholders in Ihsan Perdana, his employment contract was not with Ihsan Perdana. So from the beginning, Ihsan Perdana was a perfect company to launder dirty money […]
... written on May 30 2019July 18, 2017 was the day Mahathir Mohamad urged, even persuaded, then-PM Najib Razak to attend a forum so that both leaders could have a debate. Scheduled to be held on August 13 that same year in Shah Alam, Mr. Mahathir said – “It is a good chance for him to explain things and clear […]
... written on May 26 2019Ahmad Zahid Hamidi’s wish to fly to Saudi Arabia is over. The Federal Court has today thrown out his final appeal to get back his seized passport so that the former deputy prime minister could depart Malaysia to perform his “Umrah”, also known as “mini Hajj”, in Saudi. The Federal Court is the highest court […]
... written on May 23 2019Najib was practically on cloud nine when he was mobbed by supporters during his campaign in the Semenyih by-election in February. He was advised by his highly-paid marketing guru to visit budget-friendly places like Giant hypermarket. His “Malu Apa Bossku (Why The Shame, Boss)” campaign was a success. For a while, he looked invincible and […]
... written on May 12 20191MDB (1Malaysia Development Berhad) was an incredibly complicated and sophisticated Ponzi scheme, a scam spanning across continents – involving Malaysia, Singapore, Luxembourg, United Arab Emirates, Switzerland and United States. It was so massive and scandalous that former US Attorney-General Jeff Sessions called it “the kleptocracy at its worst.” The US Department of Justice investigation […]
... written on May 09 2019On May 12, 2018, less than 3 days after the stunning defeat of the Barisan Nasional government, an angry crowd of about 100 descended to the Sultan Abdul Aziz Shah airport in Subang (popularly known as the Subang Airport) after reports exploded that former Prime Minister Najib Razak and his wife Rosmah Mansor were about […]
... written on May 03 2019In the first week of Najib Razak’s trial, his team of legal eagles tried to paint a picture that their client, former prime minister as well as finance minister, was the “victim” in money laundering and criminal breach of trust (CBT) of over RM42 million belonging to former 1Malaysia Development Berhad (1MDB) subsidiary SRC International […]
... written on Apr 30 2019The U.S.-DOJ investigation results show that over US$4.5 billion was misappropriated from the 1MDB fund, with some of the money used to buy the private jet, a super yacht, Picasso paintings, jewellery and real estate. In Dec 2017, former U.S. Attorney General Jeff Sessions described the multi-billion dollar corruption scandal as the worst form of kleptocracy. […]
... written on Apr 25 2019As people continue to digest the fact that at least 290 people were killed, including at least 39 foreign tourists, and more than 500 injured in a series of suicide bombs tore apart churches and hotels across Sri Lanka on Easter Sunday, questions have been raised if the radical Muslim extremists could have been stopped before they […]
... written on Apr 23 2019For years, Najib administration had been rubbishing the Wall Street Journal’s exposure of money laundering in the 1MDB scandal. The former prime minister had also played down the role of his partner-in-crime, Jho Low (full name: Low Taek Jho), in plundering billions from the 1Malaysia Development Berhad sovereign wealth fund. Ironically and amusingly, Najib’s powerful lawyers […]
... written on Apr 19 2019