Wednesday, March 30, 2016

It's Raining Money on Najib Razak

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PM Najib Razak didn't just receive RM2.6 billion. He received a lot more!
So much money was pouring so rapidly into his personal bank accounts that it rang internal money-laundering alarms inside AmBank, a major Malaysian institution part-owned by Australia's ANZ.
In fact, Najib received at least RM4.2 billion ($1 billion). If you can recall, this was first revealed by The Wall Street Journal, and now confirmed by ABC Australia.
Between opening his account at AmBank on January 13, 2011 and April 10, 2013, Najib received a total of more than $1 billion – or, more precisely, $1,050,795,451.58 – including a series of individual deposits that ranged between $9 million and $70 million. Inside the bank, his account was held under the codename "Mr X".
Bank records had detailed how Najib used his new-found wealth. Much of it went to political affiliates in the lead up to Malaysia's last election in May 2013, including party officials, the Liberal Democratic Party and the Sarawak United People's Party, as well as many advertising and media firms.
He also directed checks to prominent businesspeople, academics and lawyers.
And payments were made too that were clearly non-political. These include RM360,000 spent with fashion house Jakel Trading, RM395,782.40 at the Shangri-la Hotel Kuala Lumpur, RM178,000 spent with a company called Two One Holidays Malaysia and another RM167,959.50 with Signature Exotic Cars, a dealer that specializes in Audi, Mercedes Benz and Porsche.
The startling new banking records had been obtained as part of a Four Corners news report – Australian Broadcasting Corporation’s investigative program – that aired on Monday, and which resulted in the arrest of two members of its team, Linton Besser and cameraman Louie Eroglu.
Not surprisingly, Najib did not respond to written questions from Four Corners. How could he? Why should he?

But really, I am more interested to know, who will send Najib to jail?
On Tuesday, I was in KL’s Menara Maxis where I was an Evaluator to a CC#7 speech. The Maxis Toastmasters meeting was one big speech marathon – a total of eight assignment speakers.
I won't deny that I was uncomfortable because all the speakers save one used visual aids, mostly PowerPoint slides. I don’t think this should be encouraged because we should be comfortable speaking on our own. Using language.
Remember, we breathe and live words. Didn’t Confucius himself said: “Without knowing the force of words, it is impossible to know more.”
Indeed, words have power!


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