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Showing posts with label Najib. Show all posts
Showing posts with label Najib. Show all posts

Wednesday, August 24, 2022

NAJIB'S FINAL APPEALS - GROUNDS OF JUDGMENT, Attack On Judge Nazlan Backfires, Federal Court Destroys All Delay Tactic*

 

 Najib Razak - Sad Shocked

*Prisoner-in-Waiting Najib In Deep Shit – Attack On Judge Nazlan Backfires, Federal Court Destroys All Delay Tactic*

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Malaysia’s Judicial system will be a laughing stock if former Prime Minister Najib Razak is acquitted in his final appeal in the Federal Court for corruption

Therefore, it was an absolutely correct decision when the Federal Court threw away Najib’s request to introduce fresh evidence today. It was a delay tactic deployed by his multi-million-dollar top legal team to keep him out of prison – till after the 15th General Election. The strategy is to intimidate – even change the judges – once Najib’s corrupted political party wins the polls.
 
High Court Judge Nazlan Mohd Ghazali Nazlan
To make the false accusation more dramatic, Najib paid disgraced blogger-turn-fugitive Raja Petra Kamarudin to smear the reputation of Nazlan with claims that the judge was corrupted and had received RM1 million from 1MDB. Nazlan lodged a police report in April. Stunningly, Najib withdrew his bribery allegations in early August, just a week before today’s final appeal.

*Showing her disgust over the relentless attacks on the judiciary by corrupt politicians, Tengku Maimun Tuan Mat – the first woman Chief Justice – warned in April that baseless accusations against judges had gone overboard. Defending Judge Nazlan, Chief Justice Maimun made it clear that outside meddling would never be entertained under her leadership.*

*It was a warning very few took seriously, included the arrogant defence team of Najib.* Today (Aug 16), the country’s first woman chief justice flexed her muscle and showed the former premier that she refused to be bullied and intimidated. She used Najib’s appeal as an example to demonstrate how cases are decided based on evidence – not half-baked hearsay – in court
 
Tengku Maimun Tuan Mat – First Woman Chief JusticeChief Justice Maimun
Leading a five-member bench, Chief Justice Maimun said Najib had failed to show the relevance of the dubious new evidence against his corruption charges. She said – “It is not as if Justice Nazlan’s previous role (as Maybank general counsel) was a secret that his subsequent involvement came as a surprise”. *It was a slap in the face of both Najib and the entire defence team.*

*_It was both flabbergasting and hilarious to see Najib’s new defence team led by Hisyam Teh Poh Teik stoop so low in scrapping the bottom of the barrel, bulldozing Nazlan’s non-relevance career in Maybank just to get a retrial for the crook. Chief Justice Maimun lectured the defence that the application to adduce additional evidence did not fulfil the requirements of the law_*

Tengku Maimun said *“there is no miscarriage of justice”*. To rub salt into Najib’s wound, the decision by the Federal Court, the highest court and the final appellate court in the country, is unanimous

Even if Nazlan has shown elements of bias or conflict, which he did not, would not the three-member Court of Appeal have acquitted Najib on December 8, 2021? Instead, not only *the Court of Appeal upheld Najib Razak’s conviction, delivering a stunning blow to the crook’s plan for a political comeback, the court has also called the 1MDB scandal a “national embarrassment"*
 
Court of Appeal - Judge Abdul Karim, Has Zanah, Vazeer Alam
The most ridiculous lie – Arab donation – was rubbished by the Court of Appeal altogether. Judge Abdul Karim said the donation from the King of Saudi Arabia was “a concoction” due to the defence’s failure to provide evidence to confirm that the RM42 million was indeed originated from the Saudi royal family. Because the authenticity of Arab letters cannot be established, the donation remained hearsay and inadmissible.

The U.S. DOJ investigation results say that over US$4.5 billion was misappropriated from the 1MDB fund, with some of the money used to finance Hollywood films, and buy hotels, private jet, luxury Equanimity superyacht, Picasso paintings, jewellery and real estate. Najib has claimed RM2.6 billion found in his private bank was “donation” from Saudi Arabia royal family, a claim that could not be proven

Last year, *Najib’s lawyers insulted the Court of Appeal’s intelligence with donation tales, which all the three judges laughed off as hearsay.* Today, *_Najib’s new lawyers tried again to insult the intelligence of five judges of the Federal Court with yet another round of hearsay that High Court Judge Nazlan was corrupted._* When that failed, the defence asked for a three to four month postponement.
 
Malaysia Palace of Justice
Najib’s new defence attorneys, included the legendary Zaid Ibrahim, thought the Kangaroo Court would buy the cheap excuse that they were not prepared. Unfortunately for Najib, after having observed how the notorious former PM wasted four years of court resources with unnecessary delays, Chief Justice Maimun rejected the request to postpone the hearing.
 
Mocking Najib’s decision to change counsel at the last minute, Maimun said the ex-premier was well aware of the hearing dates – “It is the appellant’s right to discharge his former solicitors and appoint new ones. This is his right to do so, but he cannot, after having made that decision, turn around and say that his new lawyers are not ready to proceed with the hearing of the appeals”.

Disgraced Najib thought he was too cunning for the Federal Court to handle, only to be played like a fiddle by the cleverer Chief Justice Maimun. As a consolation, she gave one day for the defence team to prepare, ordering the appeal hearing to begin on Thursday (Aug 18). She pointed that the dates have been fixed as far back as April, some four months ago.
 
1MDB - Jho Low and Najib Razak
Lecturing Zaid Ibrahim Suflan TH Liew & Partners, who in turn appointed Hisyam Teh Poh Teik as lead counsel, Tengku Maimun eliberately invoked Rule 6(a) of the Legal Profession (Practice and Etiquette) Rules 1978 which stipulated that an advocate and solicitor must not accept a brief he is reasonably certain of not being able to appear and represent the client on the required day.

With tail between legs, Mr Najib cried, whined and bitched at the court lobby that he was “shocked and bitterly disappointed” with the Federal Court’s decisions. Other judges on the bench are Chief Judge of Sabah and Sarawak Justice Abang Iskandar and Federal Court judges – Nallini Pathmanathan, Mary Lim Thiam Suan and Mohamad Zabidin Mohd Diah

For almost four years, the defence has used various creative and innovative excuses to delay the trials, ranging from lead counsel Shafee’s dubious claim of being bitten by his pet dog to Najib’s swollen eyes due to allergic reaction. Najib, who served as the 6th Prime Minister of Malaysia (2009 to 2018), should have seen what’s coming months ago.
 
*_With Tengku Maimun in charge, it appears Prisoner-in-Waiting Najib Razak is almost game over._*
 
 Najib Razak in Prison - JailNajib Razak in Prison - Jail
 

In April, Goldman Sach’s banker Roger Ng was found guilty by a New York jury, leaving him to face up to 30 years in prison. The U.S. court, which took only eight weeks to deliver the verdict, has certainly piled pressure on the Malaysian judicial system, which needed almost 2 years to convict Najib in the trial of SRC International (a subsidiary of 1MDB).

 

Worse, the trial of Roger Ng has directly implicated Najib Razak, his stepson Riza Aziz and partner-in-crime Jho Low. In the trial, the FBI (Federal Bureau of Investigation) has testified in the U.S. court that not only Jho Low had stolen US$1.42 billion (RM6 billion), Najib Razak similarly stole US$756 million (RM3.2 billion) while his stepson, Riza Aziz, pocketed US$238 million (RM1 billion).

1MDB Scandal - How Najib Becomes A Billionaire and Fund His Wife’s Diamonds

The U.S. Jurors were also shown how 1MDB money was stolen to fund a US$23 million pink diamond necklace for Najib’s wife, Rosmah Mansor. On July 21, the High Court rejected an application by Queen’s Counsel Jonathan Laidlaw to represent Najib in the final appeal, arguing that there are sufficient local attorneys who are more than capable of handling the former PM’s case.

 

It didn’t help that former Attorney General Apandi Ali, who was appointed by Najib to clear him of all wrongdoings, has admitted on July 16 that he was involved in brokering a deal between fugitive Jho Low and the Malaysian government as early as May this year. Exactly how could the Federal Court free Najib with overwhelming evidence stacked against him?

 

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Thursday, February 4, 2021

Ex-AG says Mahathir’s monumental betrayal made way for Trump-like Muhyiddin


https://www.malaysiakini.com/news/560580
 

In new memoir, ex-AG reveals Dr M wanted him out after Malay backlash


A “monumental betrayal” by Mahathir Mohamad led to a “kakistrocracy” formed by Muhyiddin Yassin, says Tommy Thomas. (Bernama pic)


 PETALING JAYA: Former attorney general Tommy Thomas has harsh words for Dr Mahathir Mohamad, whose resignation as prime minister in February 2020 paved the way for Muhyddin Yassin to take power.

In an epilogue to his recently-published memoirs, Thomas described Mahathir’s resignation as “a monumental betrayal”.

In a Churchillian turn of phrase, Thomas said: “Seldom in our nation’s history have so many million voters been let down by the actions of one man.”

Mahathir resigned on Feb 24, causing the collapse of the Pakatan Harapan government two years after it came to power in the 2018 general election. His resignation led the Yang di-Pertuan Agong to seek a new prime minister and cabinet from members of Parliament.

Muhyiddin was appointed five days later after the King consulted political leaders to determine who commanded a majority in the Dewan Rakyat. He formed a government of parties in the Perikatan Nasional coalition.

Thomas said the formation of the new government “by a coalition of Malay-centric parties that proudly proclaim their race and religion” had brought disastrous consequences to multi-racial Malaysia.

He compared Muhyiddin Yassin to former US president Donald Trump, saying they both represented the rise to power of those lacking credibility and principle.

Both Muhiddin and Trump represented the modern ‘”kakistocracy”, he said, using a term invented in 17th century England to mean “government by the worst; to describe the political rise of the least qualified or most unscrupulous”.

Calling it a “misgovernment for profit”, Thomas said the kakistocracy served a political agenda – the shameless pursuit of hate politics: (Trump’s) America First, or the Malay/Muslim Agenda of the PN government.

He also said that Trump displayed “dictatorial conduct” during his tenure, disregarding conventions, norms and even legal requirements. Malaysia’s opposition parties have used similar terms against Muhyiddin after his government declared a state of emergency.

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Tuesday, February 12, 2019

Integrity should be no compromise! Malu apa, bro! Queries over credentials, Wee presses on quizzing Lim

Weighing in: (Clockwise from top left) Ramon, Marina, Hassan, Anas and Marimuthu

‘There should be no compromise on integrity’

Honesty and integrity should take centre stage in the debate that is swirling over the legitimacy of certain university degrees of politicians.

Asli’s Centre for Public Policy Studies chairman Tan Sri Ramon Navaratnam said good political leaders need not be graduates but some academic credentials would be an asset to them.

“What we need are politicians with keen critical thinking, dedication and sincerity to serve the rakyat,” he said yesterday.

Ramon said that politicians who had “cheated” should confess and let the people decide if they still want them to carry on serving or quit their posts.

Several politicians have come under fire after their academic qualifications were questioned by the public.

Deputy Foreign Minister Datuk Marzuki Yahya found himself in hot water following the controversy over his “Cambridge University” degree.

Others included Finance Minister Lim Guan Eng, Defence Minister Mohamad Sabu, Housing and Local Government Minister Zuraida Kamaruddin, Johor Mentri Besar Datuk Osman Sapian and Perak state executive councillor Paul Yong Choo Kiong.

Several Barisan Nasional leaders too had their qualifications scrutinised in the past. Among them were former prime minister Datuk Seri Najib Tun Razak and Human Resources Minister Datuk Seri Richard Riot.


Former UiTM vice-chancellor Emeritus Prof Datuk Dr Hassan Said said in other countries, leaders would have been asked to resign or they would voluntarily quit if they were found using dubious credentials.

“Honesty and integrity values are more important to those who are dealing with public trust and responsibility.

“The nation will collapse if its leaders are not honest or have integrity,” he said.

Educationist Prof Tan Sri Dr T. Marimuthu said politicians must come clean about their academic credentials as they are serving the public.

“Otherwise, how else can you serve the people?

“If you ask someone to write your thesis for you or use dubious ways to earn your credentials, you are just being dishonest to yourself and the public,” he said.

Moderation advocate Anas Zubedy concurred, saying that there should be no compromise when it comes to leadership and integrity.

“No matter how brilliant, knowledgeable or successful you are, a lack of integrity disqualifies any and all talent for any leadership position. We must check their track record for any propensity to lie, practise double standards, or to say one thing and do the other.

“New Malaysia must not compromise on integrity,” he said.

Writer and social activist Datin Paduka Marina Mahathir said it was better to own up in not possessing a degree than to pretend to have one.

“No, it’s not a crime nor is it essential to serve in the government but it’s a matter of trust. If you can misrepresent this, what else can you misrepresent?” she asked.

G25 group of eminent Malays said it is best to be honest about one’s academic credentials so that doubts are not raised on their integrity.

“A politician who lies about his personal details to win an election or get a ministerial position will raise doubts about his integrity. He will also create a bad image for the government and the country,” it said in a statement.

Najib asked whether it was the national news agency Bernama or officers of the ministers that had misrepresented the academic credentials of Pakatan Harapan ministers.

“But what is more strange is that the false news that the ministers were graduates came from the biodata published from Bernama in its infographics and was spread when they were appointed as ministers about nine months ago.

“As far as I know, normally Bernama would request the biodata from the special aides or the press secretaries of ministers when they are appointed to be published in its reports,” he said on Facebook.

Reports by Star team: TARRANCE TAN, HEMANANTHANI SIVANANDAM, RAHIMY RAHIM, NURBAITI HAMDAN, RASHVINJEET S.BEDI and SARBAN SINGH


Malu apa, bro!

WE seem to be heading towards a dangerous edge. There is now an emerging culture of shamelessness.

Datuk Seri Najib Tun Razak may have been slapped with countless charges of corruption and money laundering, but his campaign, Malu apa, bossku (“Why the shame, boss?” in Bahasa Malaysia), has surprisingly attracted millions of likes on social media.

The scandal-smeared former prime minister has traded in his tailored suits, impeccable English and political elite-aristocratic crowd for the Mat Rempit and Malay working class.

As part of his makeover, he is now decked in black parka, black jeans and black sneakers.

He is even hanging out with the young Mat Rempit and posting wefies with them. He is also happily showing off a black-and-red Yamaha Y15ZR 150cc moped that is all the rage with the youths of today.

And the registration plate on his bike is 8055KU, which insinuates “BOSSKU”, and to these newfound supporters, Najib is called Boss kita! (Our Boss.)

The key phrase here is Malu apa bossku, and while many learned Malaysians are cringing over this new culture, it barely seems wrong for our embattled former PM, who is basking in it and promoting the malaise.

But a similar show is also surfacing on the other side of the political divide.

One Pakatan Harapan leader after another is having his or her dubious education credentials exposed after Deputy Foreign Minister Marzuki Yahya was questioned over his.

Johor Mentri Besar Osman Sapian’s education history has come under the spotlight with the allegation that he didn’t obtain a degree from Universiti Putra Malaysia (UPM), as claimed.

Housing and Local Government Minister Zuraida Kamaruddin’s social science degree from the National University of Singapore (NUS), as reported when she became a minister, has also come into question. Now, she’s washed her hands of ever having had one.

DAP Assemblyman from Tronoh Paul Yong Choo Kiong claimed to have a masters in business administration from Akamai University – an alleged degree mill in Hawaii – among his academic qualifications.

None of these politicians have apologised for not correcting these errors when they were revealed, but now, they have conveniently shrugged off the news reports, claiming no knowledge of such revelations.

Worse, Marzuki passed the buck to Prime Minister Tun Dr Mahathir Mohamad, saying it is now up to his boss to decide. The Johor MB chose to remain silent, hoping that the storm would blow over.

The central issue here isn’t whether an elected representative should have a tertiary education – the point here is, should we put our trust in anyone who lies to themselves?

If some of these individuals buy dubious online diplomas, they are only cheating themselves. Worse, the electorate has also fallen for this charade hook, line and sinker.

Instead of working hard, like most university students, these individuals apparently chose the easy way out. Are we expected to believe them when they talk about accountability and integrity from now on?

What’s worse is, most Pakatan leaders have chosen to look the other way or have lamely justified these dishonest transgressions.

If they were in the private sector, the sack would be a foregone conclusion, but then they are “Yang Berhormat”, despite these dishonourable acts.

Apa nak malu, YB! Aku ada SPM aje, bro!

And of course, that’s not the end. PAS leaders have found themselves in unfamiliar waters.

With their turbans and goatees, they like to appear pious and holier than thou. However, they are now seeing their names flying on social media, associated with a taste for sports cars and bikes, and not just under their names, but those of their children and spouses.

A report filed with the Malaysian Anti-Corruption Commission (MACC) over allegations of PAS leaders getting RM90mil from Umno under the previous administration involved “a list of expensive cars”, properties, high-powered motorcycles and “the purchase of number plates at exorbitant prices”, it has been widely reported.

According to the report, several PAS leaders were accused of using these funds to acquire the cars and properties.

The cars include BMW, Mini Cooper, Toyota Vellfire, Range Rover, Porsche Cayman, Audi Q7, Audi A6, Toyota Camry, Toyota Fortuner, Volkswagen Passat, Mercedes Benz, and a BMW motorcycle, according to a report.

“As for the properties, this includes a bungalow in Bangi worth RM3mil,” says a report. The only item missing is camel ownership.

PAS Mursyidul Am (spiritual leader) Datuk Hashim Jasin has admitted to owning a Porsche Cayman, but said his son was the real owner, who was entitled to an Approved Permit (AP) when he served as the Arau MP between 1998 and 1999.

Every one of them has branded these accusations as part of some grand political conspiracy, pleading innocence and insisting they are virginal and pure instead.

But we are sure they will be okay, and they will continue to preach accountability and transparency, and possibly continue to look – invoking race, religion and God – to their faithful followers, who will readily give away their savings and, brave the rain and scorching sun to support them.

Malu Apa Bossku? Tatap Sokong Boss (as the Sabahans will say).


by Wong Chun Wai



Queries over credentials

DEPUTY FOREIGN MINISTER DATUK MARZUKI YAHYA

It was reported by Bernama that Marzuki pursued a Bachelor’s degree in business administration, majoring in logistics via a long-distance learning programme at the University of Cambridge.

Response: “When I was asked by the media, I clearly said that I was from Cambridge International University (CIU) in US and not the University of Cambridge in UK.”

FINANCE MINISTER LIM GUAN ENG

MCA president Datuk Seri Dr Wee Ka Siong questioned Lim's credential as a qualified professional accountant

Response: Lim's political secretary Tony Pua rebutted the allegations by producing Lim’s degree certificate from Monash University, Australia on April 11, 1984, together with a copy of his “Certificate of Membership” in the Australian Society of Accountants dated Feb 21, 1984.

DEFENCE MINISTER MOHAMAD SABU

Accused of faking a degree in culinary arts.

Response: “Some people say I have a degree in culinary arts. I never said that. Truth is, I never completed my studies at UiTM. They kicked me out.”

But Mohamad was quick to add that despite this, he was still a “good cook”.

HOUSING AND LOCAL GOVERNMENT MINISTER ZURAIDA KAMARUDDIN

A Twitter user claimed he could not find her name on the National University of Singapore’s online degree verification portal.

Response: “I have never claimed or held myself to be a graduate of NUS and I have never authorised anyone else to do so,” she said.

JOHOR MENTRI BESAR DATUK OSMAN SAPIAN

A Facebook page questioned the validity of his UPM Bachelor in Accounting obtained in 1985.
Response: He has yet to comment on the matter.

TRONOH ASSEMBLYMAN PAUL YONG CHOO KIONG


Yong was questioned over his Masters in Business Administration (MBA) from Akamai University, United States by MCA’s Dr Wee.

Response: Yong said he felt calm and had nothing much to comment as his certificate is real and he had a convocation 16 years ago.

“My main interest now is to do the best for my voters,” said Yong.

FORMER PRIME MINISTER DATUK SERI NAJIB TUN RAZAK

DAP highlighted a video circulating online alleging that Najib never completed his studies at UK’s Nottingham University in the 70s.

Response: “Of course my degree is legitimate.”


FORMER HUMAN RESOURCES MINISTER DATUK SERI RICHARD RIOT

Riot was questioned in 2013 over his Bachelor of Business Administration from the Chartered Insitute of Business Administration (Ireland) and a Masters in Business Administration from Preston University in the United States.

Response: “As (former) prime minister, he (Datuk Seri Najib Tun Razak) has used his wisdom to find out whether I am fit to be a minister, and that includes my academic qualification, by tasking me to be in charge of the human resources portfolio, which is a very a challenging ministry with 13 agencies.

“There is a difference between fake degree and qualifications from unrecognised universities. I worked very hard for it because I believe in life-long learning”, he said.


Wee presses on quizzing Lim

Wee: No evidence showing that Lim ever worked in any accounting firms.
Wee: No evidence showing that Lim ever worked in any accounting firms.
KUALA LUMPUR: Despite threats of being sued, MCA president Datuk Seri Dr Wee Ka Siong continues to raise questions on Finance Minister Lim Guan Eng’s credentials as an accountant.

Dr Wee said that “Lim is far from even being a certified or a chartered accountant”.

The Ayer Hitam MP, while referring to documents released by Lim’s political secretary Tony Pua yesterday, pointed out that Lim’s membership into the Australian Society of Accountants on Feb 21, 1984, merely stated that he was admitted as a provisional member.

A provisional membership, Dr Wee said, was one of the steps required to enrol into programme modules and examination in order to qualify as an accountant, and to qualify for a full membership into the Australian Society of Accoun­tants.

Therefore, a provisional membership is far from being a fully certified chartered accountant or even an accountant.

“You cannot call yourself using either designation,” said Dr Wee in a Facebook posting yesterday.

The Australian Society of Accoun­tants is now known as CPA Australia (Certified Practicing Accountant).

Checks online showed that a full membership is only awarded to individuals if they have successfully passed the CPA examination – which also requires a bachelor’s degree in accounting and a year of supervised working experience under a CPA licence holder.

At the same time, Dr Wee, in the same Facebook posting, pointed out that Lim was quoted by news portal MalaysiaKini in a report on March 2012 as saying that he was a failed accountant and had spent less than a week in an accounting firm in Malaysia before he was sacked.

Dr Wee said there was no evidence showing that Lim ever worked in any accounting firms, or having enrolled for any necessary education requirements to qualify as a certified accountant or a chartered accountant.

“In fact, online checks with the Malaysian Institute of Accoun­tants (MIA) does not show Lim as being a member.

“In Malaysia, you cannot misrepresent yourself as an accountant unless you are a member of MIA.

“It is a criminal offence under Section 25(e) of the Accountants Act 1967 for any individual or organisation to call himself or herself an accountant unless he or she is registered with the MIA,” said Dr Wee.

At the same time, Dr Wee said that a report by New Straits Times in June 2018 also pointed out that Lim had claimed to be a former accountant.

Meanwhile, Dr Wee also said that DAP’s website had misrepresented Lim as a certified accountant.

“Neither MCA nor myself have any interest in pursuing this matter any further as the declining economy right now is a more important issue to address.

“We leave it to DAP and the rakyat to judge if a legal offence has been committed,” said Dr Wee.

Lim’s qualification in accounting is the latest to come under scrutiny after a series of alleged false education credentials involving Pakatan Harapan leaders, including Deputy Foreign Minister Datuk Marzuki Yahya, Johor Mentri Besar Datuk Osman Sapian and Tronoh assemblyman Paul Yong Choo Kiong. - The Star.

Related:

Guan Eng mulls legal action against naysayers  


https://youtu.be/s6nOmgkJXx4

Integrity at stake - Letters

 

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Under scrutiny: A photo of the Cambridge International University and logo taken from its website. https://youtu.be/x90SmWqP2V4 ..



Malaysia Finance Minister Lim Guan Eng's credentials as an accountant questioned

On Malaysia Finance Minister Lim Guan Eng's website, it is stated in his biodata that he graduated from Monash University, Australia..

Clean up the graft and power abuse at Human Resource Training & Development provider HRDF

https://youtu.be/fuk3xC6M0ow https://youtu.be/JrJ0V3TIskc https://youtu.be/CT8dgpCh_2w Scandal-hit: The clean-up at HRDF app...
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 Malaysian Public varsities, companies, GLC execs also recipients of EBA fake awards

Friday, August 24, 2018

1MDB scandalous Bombardier Global 500 Jet parking fees of RM3.5mil to be paid if govt wants it back

The Bombardier Global 5000 jet parked on the tarmac of  Seletar airport in Singapore


PETALING JAYA: Malaysia will have to cough up at least RM3.5mil to bring the Global 5000 private jet that belongs to fugitive Low Taek Jho, better known as Jho Low, back to Malaysia.

The luxury private jet, which was impounded by the Singapore authorities since February last year, is currently parked at the Singapore Seletar airport.

“However, before the plane is allowed to be flown to Malaysia, Seletar airport has asked for settlement of the parking charges first,” said a source.

The source said the parking charges over the last 18 months have escalated to about RM3mil.

It is learnt that Seletar airport had indicated the fee to the Singapore authorities following Malaysia’s keen interest in taking possession of the plane.

Seletar airport is managed by Changi Airport Group Pte Ltd, a facility mainly used for private flights.

Changi Airport Group declined to comment on the parking charges.

“Due to client privacy, we will not be able to share the information,” its spokesman told The Star.

The source said the Malaysian government would have to pay the fee before the airport authority allows the plane to leave its tarmac.

It is understood that negotiations on the parking charges have been held between the Malaysia and Singapore authorities and the airport operator.

But to date, the source said, they have yet to reach a conclusion on the payment.

“The Malaysian government would also have to fork out another RM500,000 to service the aircraft, which has been grounded and left under the sun at the airport apron,” said the source.

The source said the aircraft that has been grounded since February last year is currently undergoing service maintenance work to ensure its airworthiness before it is allowed to be flown to Malaysia.

“The maintenance work on the airport craft is almost completed,” said the source.

The plane is likely to be taken to Subang Airport, a facility mainly used by private planes, said the source.

The Global 5000 jet was listed by the US Department of Justice (DoJ) as one of the assets bought using Malaysia’s state-owned 1MDB laundered money, through a series of shell companies and bank accounts.

In a court filing in June 2017, the US DoJ document stated Jho Low used part of the US$700mil (RM2.3bil in 2009) diverted from the 1MDB to acquire the luxury jet.

The Bombardier Global 5000 built in 2008 costs about US$35.4mil (RM145mil). The aircraft was bought at the end of 2009, less than three months after the US$700mil was moved away from 1MDB.

The plane, registered in the US as N689WM/MSN 9265, is registered to a company called Wynton Aviation and placed as a trust with Wells Fargo Bank Northwest.

Wynton Aviation is a company that was registered in the British Virgin Isles in 2009. The DoJ stated that Wells Fargo’s records indicate that it is a holding company owned by Low.

It was learned that prior to the plane being seized, the jet was based at Teterboro Airport New Jersey, close to Jho Low’s New York home.

Airliners.net website showed the plane had flown to Paris, Geneva, Beijing and London among other countries between 2009 and 2017.

Prime Minister Tun Dr Mahathir Mohamad had on Aug 13 said Malaysia was keen to take possession of the aircraft.

Early in the month, Malaysia also took possession of the superyacht Equanimity from the Indonesian authorities.

The vessel, valued at US$250mil (RM1bil), was handed over to Malaysian authorities near Indonesia’s Batam island on Aug 6.

It has since been brought back to the Boustead Cruise Centre in Pulau Indah.

Equanimity, which according to DoJ belongs to Jho Low and purchased with funds diverted from 1MDB, was seized by the Indonesian authorities in Tanjung Benoa port, Bali, in February.

The yacht, which is 54th in luxury vessels of its class in the world, was seized at the request of US authorities as part of its initiative to recover the billions diverted from 1MDB.

Another source said due to the high maintenance of the superyacht and its crew, the Indonesian government had decided to turn over the vessel to Malaysia at the request of Dr Mahathir when he visited Jakarta in June.

Credit: Eddie Chua The Star

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Wednesday, July 4, 2018

Najib arrested, charged and pleaded not guilty

https://youtu.be/CkmYbnVaO_s


Former premier Najib Abdul Razak was arrested at his residence in Jalan Duta, Kuala Lumpur, this afternoon, according to MACC chief commissioner Mohd Shukri Abdull.

The arrest was carried out in relation to the commission's investigation into the SRC International issue.

Speculation is also rife that the former premier could be charged tomorrow.

Shukri Abdul told the media that the arrest took place at 3pm and the former premier has been taken to the commission's headquarters in Putrajaya for further questioning.

Previously, MACC had recorded Najib's statement twice with regard to the SRC International issue.

Last Friday, Malaysiakini had reported that there is a strong likelihood the former premier would be arrested this week.

Malaysiakini logo
[More to follow]

LIVE: Najib arrives in court





https://youtu.be/IFZhcT6t1Pw

Saturday, February 3, 2018

Malaysia to end cronyism?

https://youtu.be/vmqElJnDURI

https://youtu.be/FIuh_cOpcKU

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KUALA LUMPUR: The Government has vowed to end “crony capitalists” whose wealth came at the cost of ordinary Malaysians, said Datuk Seri Najib Tun Razak.

The Prime Minister said lessons had been learnt from past mistakes in planning Malaysia’s economic transformation, after confronting many “legacy issues” along the way.

“Some of the country’s development under a former leader came with an unnecessary price tag, in the form of a class of crony capitalists,” he said in his keynote address at Invest Malaysia 2018 yesterday.

Citing public transport as an example, Najib said massive overhauls had to be done to rectify the issue.

“For decades, public transport was neglected. It was incoherent, with different owners, different systems and certainly no integration

“One man’s obsession with the idea of a national car – which is now being turned around under international joint ownership – led to Malaysia lacking an efficient public transport system.

“This was a serious obstacle to achieve high-income status and for Kuala Lumpur to be a world-class capital,” he said.

Although no name was mentioned throughout his speech, it was an apparent dig at former premier Tun Dr Mahathir Mohamad.

Najib also said that during this time, the Government had signed independent power producer concessions that were lopsided.

“Consumers had to pay far more for energy than they should have, even for energy they were not using.

“This was a real burden to the people, so we renegotiated these concessions – and determined that in the future, we would not allow private companies to earn excessively at the expense of ordinary Malaysians,” he said.

Najib also pointed out that the ringgit had been pegged against the US dollar for “far too long”.

“Investors and global markets lost confidence in us, and it took a long time to win that back. That was a very heavy cost to the country,” he said, stressing that the Government would never repeat that measure.

He also spoke on the challenges at state-owned institutions, such as 1Malaysia Development Bhd (1MDB), which were amplified and used as a tool to suggest that Malaysia’s economy was collapsing.

“I’m not going to brush over this issue. There were indeed failings at the company, there were lapses of governance. There was a valid cause for concern.

“This is why I ordered one of the most comprehensive and detailed investigations in Malaysia’s corporate history, one that involved multiple lawful authorities, including a bipartisan parliamentary body.

“Their findings were taken on board and the company’s board was dissolved, its management team changed and its operations reviewed,” he said.

On another note, Najib rubbished claims that Malaysia was welcoming foreign direct investments (FDIs) by selling out the nation’s sovereignty.

“My Government will never sacrifice an inch of our sovereignty,” he said, adding that while RM63bil in FDI stock came from China and Hong Kong, there was more from Japan at RM70bil.

“You don’t hear anyone warning that we are selling our country to the Japanese.

“Of course not. They are most welcome here. So are investors from Africa, the Americas, China, the European Union, India, Saudi Arabia and around the world,” he said.

Malaysia continues to improve in three key areas

Moving forward: Najib attending the Invest Malaysia 2018 launch together with (from left) Bursa Malaysia Bhd CEO Datuk Seri Tajuddin Atan, Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah, Chief Secretary Tan Sri Dr Ali Hamsa, Finance Minister II Datuk Seri Johari Abdul Ghani, Bursa Malaysia chairman Tan Sri Amirsham Abdul Aziz and Malayan Banking Bhd chairman Datuk Mohaiyani Shamsudin in Kuala Lumpur.

KUALA LUMPUR: Malaysia will continue to develop three key areas – transparency, accountability and efficiency – to attract more investments, said Datuk Seri Najib Tun Razak.

The Prime Minister observed that the country’s excellent economic and financial fundamentals had greatly benefitted local and foreign investors, providing them with stability, strength and certainty.

“We will continue to make our country even more business- and market-friendly, which means we are always working to improve transparency, accountability and efficiency.

“The Securities Commission, Bursa Malaysia, Bank Negara Malaysia and the Finance Ministry have continuously introduced and supported measures to increase the dynamism of our capital market.

“Towards this objective, I can assure you that we can expect further measures in the near future,” he said in his keynote address at Invest Malaysia 2018 here yesterday.

The two-day annual event is jointly organised by Bursa Malaysia Bhd and Maybank. A total of 61 local companies, with a combined market capitalisation of RM767.6bil were featured in the event.

The Prime Minister also cited figures that justified the confidence in Malaysia shown by investors and global institutions.

“Our total trade grew strongly by 20.8% between January and November last year, while in November alone, gross exports reached double-digit growth of 14.4%, with the highest receipts ever recorded, at RM83.5bil.

“Last year, foreign net fund inflow recorded a positive RM10.8bil, the highest since 2012, while corporate bond and new sukuk issuance reached RM111.2bil for 11 months of the year, close to 30% higher than the whole of 2016,” he said.

Najib also observed that Malaysia has enjoyed years of strong growth, with figures that most developed economies “could only dream of”, even during times of economic uncertainty.

“In fact, last year Malaysia exceeded all expectations, with the World Bank having to revise its estimate for our growth upwards not once, not twice, but three times – to 5.8%,” he said.

Najib added the World Economic Global Competitiveness index for 2017 and 2018 rate Malaysia very highly out of 137 countries.

The country is ranked third for Strength of Investor Protection, fifth for Pay and Productivity, fifth for the low Burden of Government Regulation and 14th for the Quality of Education System.

“The International Monetary Fund has also praised our sound macroeconomic policy responses in the face of significant headwinds and risks.

“The World Bank also recently confirmed that it believes Malaysia is on track, and that we are expected to achieve high-income status in the next few years,” he said.

 Source: The Staronline


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