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10 APRIL 2024

Tuesday, April 24, 2018

1MDB Yacht - Its Not Over Till The Fat Lady Sinks

This is from yesterday's Asia Sentinel :




US prosecutors to return to court in Los Angeles on April 30 to start over 
after defeat temporarily in Indon’s notorious courts
to seize  yacht from JoLo – mastermind 1MDB scandal

JoLo led officials on merry chase
crew turning off vessel’s (AIS) to hide location
fugitive from criminal indictment in US
pudgy JoLo made himself scarce 
main mode of transportation is under threat


ship part of vast treasure trove of assets 
real estate in New York and California 
US$35m executive jet
Vincent Van Gogh and Claude Monet
personal jewelry adorning Rosmah 
movies Wolf of Wall Street, Dumb and Dumber To
US govt after US$1.7b  assets connected to family

biggest kleptocracy action ever brought by US against foreign official
JoLo brains behind 1MDB 
JoLo buying jeroboams of Cristal champagne 
he and family own part of EMI Music, Myla Lingerie, Park Lane Hotel in New York  

looting started not long afterward 
US$681m disappearing from 1MDB into MO1 personal account Ambank in KL
Najib claimed money from Saudi royal family 

Indon court system, 18 judges hit with arrests in just 4 months in 2017 

South Jakarta District Court handling case considered most corrupt 
court system considered one of world’s worst

Last August investigators arrested court’s registrar on bribery 
2013 PT Chevron Indonesia official acquitted, lack of evidence in bribery

In 2015 court ordered imprisonment of teachers 
guilty of raping three children 
case rigged to help plaintiff win US$125m lawsuit against Jakarta Intercultural School
school’s main campus now stands on Jakarta’s most valuable real estate
teachers remain in prison in case where evidence tainted

US DOJ believe procedural matter once finished, they will sail away with Equanimity

My comments :  Thus began a whole life of running.

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