Tuesday, June 26, 2018

1,000 Beneficiaries of Najib Razak's Largesse

Najib Razak is damn good at feigning ignorance. 

And his retorts – either “I don’t know” or “Don’t blame me” – are repeated and repeated and repeated that he sounds like a broken record. Very tiresome lah. 

On Thursday, I reckoned Mahathir Mohamad couldn’t take it anymore that he just had to remark: “Najib always assumes that people are stupid”! 

It is impossible for Najib not to know of any of the 1MDB transactions because his signature was on the documents, said Mahathir. 

“Who wants to believe him (that he didn’t know), when he signed (his name)?” queried the prime minister. 

In the Reuters report on June 20, 2018, Najib had blamed the management and board of 1MDB board for keeping the alleged embezzlement information from him. 

He said he really didn’t know if hundreds of millions of dollars that moved through his personal account was from 1MDB, and if money from the fund was eventually laundered to acquire assets globally, including yachts, paintings, gems and prime real estate. 

To this, Mahathir countered, saying the Government had all the information on Najib’s alleged involvement in moving the 1MDB money, and that it knew how much money had gone into Najib’s account. 

Obviously, that’s the subject of intensive investigation by the authorities – but let’s not forget that 1MDB monies have poured out from Najib’s overflowing bank accounts too. 

I presume The Malaysian Insight drawing attention to a purported list of some 1,000 names under scrutiny are said to refer to the beneficiaries of Najib’s generosity. I’m sure Malaysians would love to know exactly how the distribution of largesse was undertaken and to whom. 

Of course, it is already public knowledge that Najib’s wife, Rosmah Mansor, the wider Razak clan which includes his step-son Riza Aziz and his brother, Nazir, who is CIMB Group chairperson, as well as lawyers, top civil servants, businesspersons and BN politicians have all received monies from Najib. Not forgetting Jho Low too.

Thanks to Sarawak Report exposes, we know that former FELDA chairperson Shahrir Samad received RM1 million after GE13 and former Pontian MP Ahmad Maslan received a cheque for RM2 million (August 15, 2015). 

Also UMNO lawyer Shafee Abdullah received RM9.5 million (May 31, 2017).

In another expose, Sarawak Report had on May 24, 2017 disclosed that Najib himself handed out more than 130 cheques amounting to over RM600 million that were signed out of the accounts into which he had been ploughing 1MDB money since 2011 – all these for GE13. 

The majority of these cheques supposedly went to UMNO divisions in the days immediately running up to the election and it was believed that the then Prime Minister was attempting to buy personal loyalty through handing out the money himself.

The familiar Najib Razak signature on all these cheques. Image credit: Webpage http://www.sarawakreport.org/2017/05/najib-dished-out-over-half-a-billion-from-1mdb-for-bn-election-expenses-major-exclusive/

The Malaysian Insight learned that the police have communicated to all financial institutions in the country to get information under Section 48 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. 

Under this section, the public prosecutor can authorise investigators to obtain information on banking records, shares, expense accounts, inspect the contents of any safe deposit box and request any other kind of information. 

"This isn't a case of getting warrants. This is the authorities having the power to summon bankers and asking for the information", said a source. 

Anyway, I don’t think Najib is the only one who will be arrested soon. There would be others as well.

I am certain prison cells are already being readied to receive an influx of new inmates. 

Bernama image via Twitter

On Sunday, Najib’s former special officer 42-year-old Amhari Efendi Nazaruddin was detained by the MACC to assist into the ongoing investigation into the 1MDB scandal.

Image credit: Webpage http://www.marketing-interactive.com/look-pm-najib-razak-gets-mobile-app/

Malaysia Chronicle furnished more details about this individual. It seems that over a year ago, a company owned by the suspect had received RM2 million from Najib’s personal account – and which allegedly came from SRC International, a subsidiary of the embattled 1MDB. 

The suspect is the co-owner of Resonate Digital Sdn Bhd which had developed Najib’s own mobile app – where you can receive the latest news and updates from all of Najib's social media platforms as well as take a peek into his thoughts via his personal blog – and which was released in October 2016. 

(According to Malaysiakini, the other co-owner is Har Kok Kit, 47, a former senior executive at Astro).

No comments: