Thursday, October 27, 2016

$170 Million Straight From Civil Service Pension Fund Into Najib's Personal Account!

$170 Million Straight From Civil Service Pension Fund Into Najib's Personal Account!
Speaking to an audience in Geneva yesterday DAP Finance Spokesperson, Tony Pua detailed the simple steps by which US$170 million was transferred out of the Civil Servant Pension Fund, KWAP into Najib’s personal AmBank spending account in 2011.
The transfer, long suspected by observers, represents one of the final missing jigsaw pieces in the tale of theft at 1MDB and raises further questions about the transactions of yet another Swiss Bank Julius Baer.
A total of RM4 billion was raised by SRC (set up as a subsidiary to 1MDB in 2011) with the first draw-down of RM2 billion of that money taking place in August of that year. It was then transferred abroad, supposedly for ‘international investments’, thereby making it harder for Malaysian investigators to trace.
However, in three short steps the following November, the money was simply transferred back into Malaysia and into Najib’s own personal bank account!
The intermediary was SRC International’s account at the Swiss bank Julius Baer’s Hong Kong branch in a transfer partially uncovered by Sarawak Report in March of this year.
$170 million was transferred from the Malaysian fund to its account at Julius Baer under the guise of funding foreign investments, Pua stated. The sum was then passed on to the bogus BVI company Blackstone Asia Real Estate Partners (identified by the US Dept of Justice as being controlled by Jho Low through his associate Eric Tan) and then on during the same month of November into Najib’s KL account.
Amounting to around half a billion ringgit in Malaysian currency, this represents a large chunk of  the SRC missing money long suspected to have been almost entirely pilfered by the Prime Minister and his associates. Earlier this month the Swiss authorities confirmed that they had evidence that $800 million (the vast majority of the KWAP loan) was indeed misappropriated according to their international banking investigations, but failed to release the details.
MACC (Malaysian Anti Corruption Commission) investigations have already established that over RM60 million was transferred directly from SRC locally to other accounts held by Najib at AmBank. That money was passed by Nik Faisal Arif Kamil (another associate of Jho Low) who was appointed Chief Executive of SRC and had also been given authorised status to manage these accounts for the Prime Minister.
Pua explained the series of 1MDB to a selected audience at the University of Geneva
Pua explained the series of 1MDB to a selected audience at the University of Geneva

‘Prince Saud Abdulaziz Al-Saud ‘

Najib has long sought to explain the massive payments into his account by referring to what he said were donations from a bogus Saudi ‘Prince Saud Abdulaziz Al-Saud ‘. When it was clearly proven by MACC investigators that at least RM67 million had been merely directed locally straight from SRC to his accounts set up by Nik Kamil, he issued the excuse that he had not realised this to be the case.
Najib informed the new Attorney General he had just appointed (since the old one was about to prosecute him) that he had understood the money came from the alleged Saudi donation. This excuse was accepted by his new AG, Apandi Ali, who did not request him to repay the money to the pension fund.
Meanwhile, a new document obtained by Sarawak Report sheds fascinating light on the reality behind the so-called Prince Saud Abdulaziz Al-Saud, whose purported letters of explanation were sent to AmBank each time one of these enormous payments were made into Najib’s account.
No one has been able to identify this particular Saudi Royal, even though the payments are so large that he would have to have been one of the richest members of the Saudi ruling family to afford them. Indeed the letter sent to AmBank in November 2011 gives two different versions of this character’s name and one of the bank accounts later used to make another payment, allegedly by him, uses another name entirely, Prince Faisal bin Turkey bin Bandar Alsaud
The November 2011 letter from 'Prince Abdulaziz' claimed it was to support Najib's Global Movement of Moderation
The November 2011 letter from ‘Prince Abdulaziz’ claimed it was to support Najib’s Global Movement of Moderation
The letter referred to Najib’s alleged good works through his pet project for impressing the Americans, entitled the Global Movement of the Moderates, which this Saudi Wahabi Prince was allegedly supporting.
Seal and signature
Seal and signature (bogus)
The document bears a striking resemblance to the letter head of another close associate of Jho Low, the beneficial shareholder of PetroSaudi, Prince Turki bin Abdullah. Prince Turki was paid millions of dollars in back-handers by Low for allowing his shell company PetroSaudi to be used as a front for the 1MDB joint venture, which siphoned $1.83 billion of borrowed money out of Malaysia.
The Department of Justice has also confirmed that Prince Turki passed $20 million from money removed from that joint venture deal straight to Najib’s own bank accounts.
Sarawak Report has a copy of Turki’s own letterhead used for business ventures later spearheaded by PetroSaudi in Venezuela and it bears a remarkable resemblance to the apparently bogus figure behind the payments into Najib’s AmBank account.
Prince Turki's letterhead
Prince Turki’s letterhead
Did Jho Low and his team use his pal’s letter head to simply forge a similar ‘royal looking’ document? The fugitive billionaire has yet to answer any questions on his role at 1MDB and Malaysia has closed down all investigations on the AG’s decision that ‘there has been no wrongdoing’
Seal and signature
Seal and signature (Turki)
However, Najib’s press man Paul Stadlen has been informing international journalists that reports that Prince Abdulaziz was indeed Prince Turki should be taken as being well-founded.
The only problem being that Prince Turki is just one of scores of Saudi Princes, whose personal means are limited when it comes to donating on a scale of hundreds of millions of dollars. Indeed, to the contrary it is Prince Turki who got the backhanders from Malaysia, which is probably why he is considered the perfect person to keep his mouth shut.
Prince Turki (2nd left) just before the signing of the PetroSaudi JV
Prince Turki (2nd left) just before the signing of the PetroSaudi JV

-Sarawak Report


KUALA LUMPUR – Fitch Ratings said Malaysia’s Budget 2017 signals a further stability in public finances, regardless of another expected fall in revenue from the oil and gas (O&G) sector.
However, it viewed the unresolved issues over 1Malaysia Development Bhd’s (1MDB) affairs as an indication that governance standards remain a weakness in Malaysia’s credit profile.
While it noted that the impact of 1MDB’s affairs on government policymaking, political stability and fiscal finances had been limited so far, it said the issue “remains a source of uncertainty”.
“Fitch views 1MDB as a close — if informal — contingent liability of the sovereign, and will be monitoring it for any discernible negative effects on Malaysia’s fiscal position. Its unresolved issues also illustrate how governance standards remain a weakness in Malaysia’s credit profile,” it said in a statement yesterday.
Meanwhile, it expected Malaysia’s 2016 deficit to come in at 3.2% of gross domestic product (GDP), one percentage point higher than Putrajaya’s 3.1% target. However, it believed the official deficit target of 3% in 2017 will be achievable.
“We believe it is unlikely that the [2017] target will be missed by enough to push public debt above the self-imposed ceiling of 55% of GDP. Fitch estimates that federal government debt will remain under 54% of GDP at end-2016,” it said in a statement.
The international rating agency also noted it had been keeping Malaysia’s sovereign rating at an “A-” rating, on a stable outlook since mid-2015, though the commodity price crashed since mid-2014.
Malaysia, it said, was better placed than many net commodity exporters to cope with the lingering effects of the negative shift in its terms of trade.
In contrast, it downgraded 31 emerging market sovereign ratings in 2015 and 2016 due to the dramatic fall in commodity prices.
Nevertheless, Malaysia, being the largest net exporter of petroleum and natural gas products in Southeast Asia, had not been immune to the effects of the collapse in prices, it noted.
Still, it noted that the country’s reasonably strong GDP growth had remained a credit strength despite the negative terms-of-trade shock, and helped stabilise its federal government deficit and debt levels.
“Capital expenditure has fallen in the O&G sector, particularly at Petronas, but the impact on GDP growth has been partly offset by increases in consumer spending. Household spending continues to be supported by a hike in public-sector salaries that took effect on July 1, and will receive another boost from a 26% increase in transfers to lower-income households included in the 2017 budget,” it said.


Malaysian Prime Minster Najib Razak heads to China next week to build closer ties and seek investment, which may further dent U.S. aims in Southeast Asia after a push by President Rodrigo Duterte of the Philippines to bolster China ties.
Najib is travelling to China with dozens of government leaders and business people. In statement on Wednesday, he said Malaysia was committed to strengthening friendship with China and pushing ties to “new highs”.
“We will be signing many new agreements and understandings that will elevate the relationship between our two nations to even greater heights,” the prime minister said.
The Oct. 31-Nov. 6 visit comes days after Duterte’s Beijing trip, where he declared a “separation” with old ally the United States and said he had “realigned” with China.
Both Malaysia and the Philippines are in dispute with China over rival claims in the South China Sea but Duterte has softened the Philippine position in his push to build China ties and China could ease the dispute with Malaysia by offering economic benefits, an analyst said.
“If it wields its cheque-book diplomacy shrewdly, it may either tie Malaysia’s hand on its dispute over the South China Sea, or even split ASEAN further on the South China Sea,” said Yang Razali Kassim, senior fellow at the S. Rajaratnam School of International Studies (RSIS), of Nanyang Technology University in Singapore.
The 10-member Association of South East Asian Nations (ASEAN), which both the Philippines and Malaysia belong to, has struggled in recent years to present a united front to China on the South China Sea. Vietnam and Brunei are also ASEAN members and also have South China Sea claims.
“There are implications should Najib move to get deeper into Beijing’s embrace,” said Yang Razali.
Najib is eyeing more Chinese investment in infrastructure and manufacturing. Defence deals may also be discussed.
China’s increased assertiveness in the South China Sea has heightened U.S.-China tension, with the two trading accusations of militarising the waterway through which some $5 trillion in trade passes each year.
Last week, a U.S. navy ship undertook the fourth of what the United States calls freedom-of-navigation operations in the past year, to challenge what it sees as overreaching maritime claims by China in the South China Sea.
The United States has seen the Philippines as an important ally in its “rebalance” to Asia in the face of a rising China but Duterte’s threats to cut U.S. ties while making overtures towards China has raised questions over the U.S. strategy.
Ties between Malaysia and China reached a new peak in December when China came to Najib’s rescue with a $2.3 billion deal to buy assets of scandal-hit state fund 1Malaysia Development Berhad (1MDB), helping ease Najib’s concern over the firm’s mounting debt.
China has since been pumping more funds into Malaysia.
For the first three months of 2016, Chinese investment in Malaysia’s manufacturing sector reached 1.5 billion ringgit ($356 million), making it the largest foreign investor in its manufacturing.
Chinese firms have also secured major deals in Malaysia, including a $7.3 billion port deal in the city of Malacca last month. China is widely expected to win a contract to build a high speed railway.Malaysia’s China push comes amid strained U.S. ties after the U.S. Department of Justice filed lawsuits linked to a money-laundering investigation at 1MDB, the advisory board of which Najib chaired until recently.
Najib dismissed foreign interference in Malaysia’s affairs and questioned why the United States publicised the issue.
“The lawsuits were a strategic mistake by the U.S. … China will look at this situation with glee,” said a person familiar with the matter but not authorised to speak to the media.
Ian Storey, senior fellow at ISEAS-Yusof Ishak Institute think-tank said there would not be a Duterte-style about-turn in Malaysia’s foreign relations under Najib.
But the 1MDB case “might temporarily nudge Malaysia closer to Beijing and introduce a bit of turbulence in its relations with Washington”.


Normally, I wouldn’t think twice to dismiss RPK’s more sensational writings.
In fact, sometimes I even took the trouble to dispute his allegations such as when he recently wrote about a menteri besar as being a homosexual. You can read that in this post,
However, when I read this latest posting of his, Maybe Husni forgot about his sex scandals
it made me paused and ponder about a story I was told involving the former second finance minister not too long ago.
I’m not saying that the story made me totally believe in RPK’s allegation against Husni, but I think it should be a lesson for especially men who can’t be bothered to control where their hands are going.
I have no doubt that the story told to me is true because the person who related it to me was there when it happened and there were several other witnesses, whom are all known to me.
It happened at a place where a group of people were having dinner.
One of them is a beautiful young lady with hair suitable to be featured in a Sunsilk shampoo advertisement.
As I was told, Husni turned up at the place as the group were in the middle of their dinner.
Upon seeing them, Husni approached the table and to the shock of everyone touched the young lady’s hair and said “Huih…cantiknya rambut” (Huih…such beautiful hair).
He didn’t even bother to first greet everyone there or introduce himself.
It so happened that one of the people seated at the table is the father of the young lady.
I was told that the guy kept his cool and just said “Datuk, tu anak saya (Datuk, that’s my daughter)”.
Husni, despite what must surely be an extremely embarrassing moment  was said to have managed to depart from the table without suffering any physical harm.
Lucky him.
I think it would be a much more painful outcome if a less cool father saw an elderly man behaving inappropriately towards his young daughter like that.
Come on. You must not touch other people like that, especially so if you are an elderly man and the other person is a young lady.
Well, maybe Husni didn’t mean any harm and was merely acting on instinct, but still he should have better control of himself.
What more that he is a known public figure.
It’s just wrong to behave like that.
I hope you all guys learn something from this story.
Try to control your gatalness, okay.


1) Make the TIP Report independent of political designs The administration’s adoption of the TPP as the cornerstone of its engagement with Malaysia may have led it to miss the opportunity to exercise leadership on democracy and the rule of law. These values have never been more relevant, whether with China’s growing influence or Islamic radicalism in view.
US leadership in Southeast Asia is based on its promotion and underwriting of a rule-based international order. Such leadership, to be credible, needs to also be consistent on matters of fundamental principle.
The United States’ credibility on human trafficking will be but the first casualty of this approach if the TIP Report is not freed from ‘political interference.’ If the standards or rules it offers on fundamental human rights (and economic freedom, in the case of the TPP) are so transparently self-serving, the US will be seen to have less to offer the region than China, with its ‘win-win’, investment driven formula of engagement.
2) Dissociate from Najib…soon
The administration should consider a plan to distance itself from Mr Najib. The open scandal around Najib has spiraled out of control and his position is unsustainable. He is determined to remain in power but can only do so by brute force. If he does ‘survive,’ it will have been by destroying all independent institutions. A focus on the TPP may have lulled the administration into missing the trajectory of this crisis. The administration should understand where the Najib bus is headed, and find a place to get off soon rather than later.
The Sunnylands Summit will bring much attention to ASEAN. Malaysia may draw negative media coverage over 1MDB, rising radicalism,21and the fate of Anwar Ibrahim.
Demand Anwar’s release
At a closed door meeting with Mr. Najib in Kuala Lumpur in November 2015, the President firmly requested the release of Mr. Anwar, on health grounds, for medical treatment in Washington. Najib has not complied. That this is widely known in Malaysia and yet has not been complied with compounds President Obama’s loss of face there.
The request must now be put in firmer terms. For the US, Mr. Anwar’s release for treatment in Washington meanwhile is a ‘no-regrets move’ while the crisis plays out in Malaysia. Malaysia is already in uncharted waters. There is no outcome that will bring back the prior status quo.
If Najib survives, Anwar’s presence in the US would give the administration insight and strategic leverage against the repressive measures Najib is likely to inflict on Malaysians. It would also provide a counter narrative to the Muslim world on the US role vis-a-vis democracy in the Muslim world.
If Najib is forced to step down it could be a chaotic, potentially violent process. Najib is likely to use the emergency security powers he has prepared for himself. He may try to divert the challenge by sparking racial conflict as he has done before. There will be a leadership vacuum. Anwar could play a critical role negotiating a peaceful return to constitutional government and preventing civil strife. Mr. Anwar could also be instrumental in forming a new government. It is important that the liberal and plural values that he stands for be protected.

Takpa, Takpa, Takpa Lets Wait Until More Hospitals Burn Down.

Image result for Medivest and JB Hospital fire

  • suspending Medivest would interrupt 21 other hospitals 
  • Ministry of Health will not suspend Medivest 
  • fire at JB hospital claimed six lives
  • Dep Minister Hilmi said suspending Medivest interrupt 21 hospitals 
  • penalties if Medivest found to have not fulfilled their obligations 
  • Hilmi said contracts given to Medivest worth RM350 m / yr
  • six hospitals in NS, three in Malacca, rest of hospitals in Johor
  • contract ends in 2022, govt will decide to renew contract
  • another fire at operation theatre at hospital y'day
This is from the website of Medivest:

Medivest main competencies in healthcare support services are Clinical Waste Management Service, Linen & Laundry Management Service, Cleansing Management Service, Facilities Engineering Management Service and Biomedical Engineering Management Service.
Our high work ethic and prudent investments ensure our place above the competition. We pride ourselves as being an ‘unseen hand’, silently lifting and ensuring that public healthcare standards in Malaysia are raised.

My comments : 'above the competition?' There is no competition. This is a monopoly contract. 'unseen hand'? Lifting public healthcare standards?

I say kawan, hospital sudah terbakar lah - dua kali.  Enam orang sudah mati.

Here is the cake folks : A contarct that pays RM350 million per year until 2022. Thats seven years away or RM2.45 billion away !! When did this concession begin? Usually they run 20 - 25 years. That is almost RM9.0 billion !! 

Now you see why the gomen is going broke. The funds have been sucked away by these type of plum contracts. 

Now hospitals are burning down. Hospitals do not have enough equipment, medicines.  

Enam orang mati. Takpa, takpa, takpa. Enam orang sahaja.  Bukanlah 60. Takpa.

Tengoklah besok. Mungkin ada api terbakar lagi kut.  

Rahman Khuda Kare

Image result for Ahmadiyya or the Ahmadiyya Muslim Jama'at; al-Jamā'ah al-Islāmiyyah al-Aḥmadiyya

Just recently I was a guest at an annual gathering of the Ahmadiyya Community here in Kuala Lumpur. I like to attend their gathering because they invite a good cross section of all the sects that we have in Malaysia. 

The Ahmadiyya teaching emphasises a peaceful understanding of Islam.

You will rarely find so many different sects all sitting quietly and peacefully under one roof.  I have spoken to the Ahmadiyya and encourage them to be the good example and the proof that Muslims of different sects, or with different points of view, can all co-exist peacefully together.  There is really no need for violence or anger just because a fellow wears a different turban or something equally substantial. 

Here is some Wikipedia about the Ahmadiyya community (I am reproducing from Wikipedia) :

Ahmadiyya or the Ahmadiyya Muslim Jama'at; al-Jamā'ah al-Islāmiyyah al-Aḥmadiyya is an Islamic religious movement founded in Punjab, British India, near the end of the 19th century.  

It originated with Mirza Ghulam Ahmad (1835–1908), who claimed to have appeared in fulfilment of the prophecies concerning the world's reformer during the end times, who was to bring about, by peaceful means, the final triumph of Islam and herald the divine plan. 

He claimed to have been divinely appointed as the Mujaddid (renewer) of Islam, the promised Messiah and Mahdi awaited by Muslims. The adherents of the Ahmadiyya movement are referred to as Ahmadi Muslims or simply Ahmadis.

Ahmadi thought emphasizes the necessity of restoring Islam to its true essence and pristine form, which had been lost through the centuries.

Ahmadiyya adherents believe that Mirza Ghulam Ahmad appeared in the likeness of Jesus, to end religious wars, condemn bloodshed and reinstitute morality, justice, and peace. 

They believe that upon divine guidance he divested Islam of fanatical and innovative beliefsand practices by championing what is, in their view, Islam’s true and essential teachings.  

Thus, Ahmadis view themselves as leading the revival and peaceful propagation of Islam.

There are over 10 million Ahmadiyyas around the world. Some estimates put the number at twice that figure.  

Ahmadiyas propagate their faith all over the world. So there is a growing number in Indonesia as well.  Here is a video of the Ahmadiyya Caliph (their fifth Caliph) arriving in Canada to visit the sizeable Ahmadiyya community that lives in Canada. 

You will never find a suicide bomber or a violent psycho among the Ahmadiyyas. In my younger days I have had occassion to "debate" the Ahmadiyyas - twice.  You can throw anything at them and they will just listen to it. Whether they accept the argument or not they do not get agitated or become violent. I credit this to the overall Ahmadiyya style of non violence and non agitation.

I have also had debates with other sects - who are psychos.  At some point at least one psycho will stand up and walk towards you, just stand up and yell or (their favorite tactic) walk out of the discussion.  Without their mob support they do not have the guts to engage in discussion.  

Well, Rahman Khuda Kare - The Most Gracious One.