Saturday, July 30, 2016

Najib Razak is in Deep Shit












"Rajib" means Almighty ruler; "nazak" means dying
 
On July 07, 2016, whistleblower website Sarawak Report made the sensational claim that it had in its possession the classified Auditor-General’s report on 1MDB – which is still sealed under the Official Secrets Act.
 
So far, no one has independently verified the said report. Nor has anyone attempted to reprint the text due to legal restraints. At least not in Malaysia.
 
Communications and Multimedia Minister Salleh Said Keruak warned that leaking classified information is treason as it undermines national security. Supposedly. [He had made the comment in reference to the Sarawak Report disclosures].
 
Transparency International-Malaysia had said this is an abuse of the OSA. Didn’t PM Najib Razak himself issued the instruction to the A-G to audit 1MDB in the first place, they had asked?
 
If there is really nothing to hide – why not declassify the report?
 
This is the most opportune time to discredit Clare Rewcastle Brown and Sarawak Report and debunk the commonly-held belief that 1MDB is all about corruption, embezzlement and money laundering.
 
A scam. A racket. A con game.
 
And if Najib is adamant about his innocence – after all, he has repeatedly denied any wrongdoing – then he should allow the report to be released.
 
It is, of course, wishful thinking because this will not happen anytime soon. As long as Najib is in power. After all, declassifying the report will sound his death knell.
 
 
 
 
 
 
 
 
 
 

 
 
AFP: Mohd Rasfan
 
Still, the noose is tightening.
 
The DOJ lawsuits have added to Najib’s woes. The DOJ allegations directly contradicted repeated assertions by Najib about the origins and purpose of hundreds and millions of dollars that ended up in his personal bank accounts – which he had claimed was a donation from a Saudi benefactor.
 
Andrew McCabe, the FBI’s deputy director wasn't exaggerating when he said: “The Malaysian people were defrauded on an enormous scale”.
 
US officials had said that any party who wanted to contest the attorney general’s (i.e. Loretta Lynch) claim must file a response in a federal court within 60 days to answer the factual allegations.
 
I can’t wait to hear Najib's response. He has a name, reputation and position to protect.
 
Wait a second! What name? What reputation? Position certainly! 
 
And in case, you are an unbeliever – the UK’s Guardian yesterday put out a narration on the “world’s biggest financial scandal” – detailing the 1MDB exposes made by a jailed former banker (i.e. Xavier Justo) and a lone British journalist (i.e. Clare).

Justo had leaked information about 1MDB’s dealings with PetroSaudi. It is a humongous 90GB of data, including 227,000 emails from his former employer PetroSaudi, an oil services company that had signed the first major deal with 1MDB.

According to the DOJ, this so-called accord was merely a “pretense” for “the fraudulent transfer of more than $1 billion from 1MDB to a Swiss bank account” controlled by Jho Low, the 29-year-old with no official position with 1MDB or PetroSaudi. [In fact, PetroSaudi have always maintained that all 1MDB funds were paid to entities owned by their shareholders].

It is said that without these files from Justo, there would have been no reckoning.

And Sarawak Report's Clare with the help of allies secured Justo’s PetroSaudi-1MDB documents. From February 28, 2015 onwards, she has been posting her 1MDB stories online giving Najib raging spasms of disquieting anguish. [That is why access to the Sarawak Report website has been blocked in Malaysia].

Najib may have successfully sealed a lot of lips in Malaysia but the rest of the world is discovering the truth.

And he is finding himself sinking deeper into the shit hole he has dug for himself. How is he going to extricate himself, I wonder? 

1MDB is also about indulgence, greed and excesses. It is a story about crooks who used a national sovereign fund to enrich themselves. And they amassed massive fortunes. It echoes Balzac’s maxim that behind every great fortune lies a great crime.

Didn’t Mahatma Gandhi declare that “Earth provides enough to satisfy every man’s needs, but not every man’s greed”?

Najib, what say you?

Sorry, I don't think he actually gives a damn anymore!

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