A MAN IS INNOCENT UNTIL PROVEN GUILTY.
The MACC said today that the US$700 million (RM2.6 billion) which was channelled into Najib’s accounts came from donors and not 1MDB. The commission, however, did not identify who these donors were.
This statement appears to nullify the allegation that the money had come from 1MDB-linked subsidiaries. These claims were first made by The Wall Street Journal (WSJ) and whistleblower website Sarawak Report.
‘Who was Najib’s generous donor, were there strings attached?’
Who was generous enough to donate RM2.6 billion to Datuk Seri Najib Razak and did it come with strings attached, a senior PAS leader asked in response to the latest revelations about funds channelled into the prime minister’s bank accounts.
PAS deputy president Datuk Tuan Ibrahim Tuan Man has questioned the Malaysian Anti-Corruption Commission’s declaration today that the amount, which was transferred to Najib’s personal accounts, did not come from troubled state investor 1Malaysia Development Berhad (1MDB).
“Is this a donation or a bribe to get something specific? Has the MACC not looked at this?
“What are the conditions of this RM2.6 billion donation? Are we to imagine that a donation this big was made without conditions to the prime minister?” Tuan Ibrahim wrote in a statement today.
“Or is this an accounting trick?” he asked.
RM2.6 billion in Najib’s accounts from donors, not 1MDB funds, say MACC
The Malaysian Anti-Corruption said today that the US$700 million (RM2.6 billion) which was channelled into Prime Minister Datuk Seri Najib Razak’s personal bank accounts came from donors.
Earlier today, PKR secretary-general Rafizi Ramli warned that the public should get ready for “proof” from Barisan Nasional that the RM2.6 billion channelled into Najib’s bank accounts are in reality personal donations.
Rafizi had also said that this will be the “script” by BN’s new communications team to convince the public that there was nothing corrupt about the funds going into Najib’s bank accounts.
In its statement, MACC also said that the money in Najib’s accounts was not from state strategic investor 1Malaysia Development Bhd (1MDB), adding the results of the investigations were referred to the Attorney-General.
MACC, however, did not identify the donors nor did they disclose how the RM2.6 billion was spent.
The commission also said that it was tasked to investigate SRC International and the money flow into the prime minister’s accounts while the police was probing the 1MDB issue.
It added that Bank Negara Malaysia meanwhile, was tasked with probing the financial methods and procedures.
– See more at: http://www.themalaysianinsider.com/malaysia/article/rm2.6-billion-in-najibs-accounts-came-from-donors-say-macc?utm_content=buffer18e2e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer#sthash.uLWmaGDu.dpuf
Hytan: “Prime Minister Najib Abdul Razak today said the scope of the special task force investigating The Wall Street Journal’s claims against him, were whether he used 1MDB funds for his personal interest.”
The scope of investigation is not correct. It must investigate why the funds were deposited in his personal accounts in the first place.
If they were deposited mistakenly by the bank, why didn’t he inform the bank immediately to rectify the mistake?
Otherwise, he is fully aware of the deposits and he must explain specifically where the funds came from. Till now he has not provided any information on these funds.
Isn’t this not an offence under the Anti-Money Laundering Act? His claim that no funds were used for personal gain is irrelevant.
Anonymous_1391570393: Dear Najib, please answer this simple question first: Did the money go into your account? Yes or no? Why do you keep saying “no money was used for your personal gain?”
Swipenter: First and foremost, Najib never denied that the money was deposited into his private accounts.
Secondly, no one has accused directly him of using the money as if it was his, and/or for his benefit. Thirdly, who did the money belong to and what was it used for, and by whom?
Fourthly, why was it transferred into Najib’s personal accounts if it was not for his use?
Fifthly, why Bank Negara did not do anything about such huge transfers since 2013?
And lastly, just looking at the personalities of the task force, it makes you wonder whether they can act without fear or favour.
Justine Gow: As I commented before, the composition of the special task force does not instill great confidence that the investigation will be conducted professionally.
But I still hope that the members in the team would be forced by events or public demand, if not by their own conscience, to do justice for Malaysians and Malaysia.
Ace: Can a suspect or the accused comment/dictate how the investigations into his alleged wrongdoings are to be carried out? Strange, isn’t it?
Click on this link to read other comments:
8 July 2015
Prime Minister Najib Abdul Razak today said the scope of the special task force investigating Wall Street Journal’s claims against him were whether he used 1MDB funds for his personal interest.”The investigation by the special task force is to determine if WSJ’s allegations, that I took 1MDB funds for my personal interest, has basis or not.
“The investigation must consider the veracity of the documents published by the newspaper to support their actions,” said Najib in a post on his blog today. The special task force, comprising personnel from Bank Negera, the police, MACC and the attorney-general’s chambers, began investigations on Saturday. http://www.malaysiakini.com/news/304496
Three MPs want four ‘Tan Sri’ out of taskforce http://www.malaysiakini.com/news/304484
Three opposition MPs have called for the four ‘Tan Sri’ leading the special taskforce investigating links between Prime Minister Najib Abdul Razak and 1MDB to step aside, saying their independence is questionable.
“The capability of the special task force investigating The Wall Street Journal regarding 1MDB’s cash flow, which allegedly went into Najib’s personal accounts, is questionable.
“This is because the four Tan Sri heading the investigation are ‘lower officers’ to the person being investigated, their ‘leader’ the prime minister,” PJ Selatan MP Hee Loy Sian, Shah Alam MP Khalid Samad, and Segambut MP Lim Lip Eng said in a statement today.
The four Tan Sri refers to attorney-general Abdul Gani Patail, inspector-general of police Khalid Abu Bakar, Malaysian Anti-Corruption Commission chief Abu Kassim Mohamed, and Bank Negara governor Zeti Akhtar Aziz, who are heading the task force.
Hee, Khalid and Lim want the quartet to be replaced, and for a Royal Commission of Inquiry to take over the investigation.
Sealed boxes seen removed during 1MDB raid http://bit.ly/1D04ic0
KUALA LUMPUR, July 8 — Boxes marked “1Malaysia Development Berhad” (1MDB) were transported from the state-owned firm’s office here even as a raid by the authorities stretches on since morning. The sealed boxes were placed in the back of a truck that was later driven away from the premises.
Earlier on, media personnel spotted three men believed to be plain clothes investigators walking into the building after alighting from an unmarked car. The multi-agency raid, which is still ongoing, reportedly started at 11.30am this morning at Menara IMC, where 1MDB’s office is located. A van and car marked with the police’s logo were seen parked outside the building.
Earlier today, 1MDB confirmed that its office here is being raided by a special taskforce investigating the firm and documents have also been confiscated by the investigators.
Our own Ida Lim is now at Menara IMC, where police are said to be raiding 1MDB’s office: http://bit.ly/1Cnd4Wu
Malay Mail Online
Amid lawsuit threat, WSJ publisher insists expose on Najib accurate
— Badlisyah’s arguments have since been widely circulated by pro-Umno blogs in defence of Najib.
CIMB Islamic Bank chief executive officer Badlisyah Abdul Ghani has accused The Wall Street Journal of falling for false documents with regard to its report claiming that RM2.6 billion worth of 1MDB-linked funds were deposited into AmBank accounts belonging to Prime Minister Najib Abdul Razak. However, a check by Malaysiakini revealed that he could have missed the mark. Badlisyah had based his claim on an analysis of the ‘Swift’ message documents released by The Wall Street Journal (WSJ) yesterday. “Fraud using Swift message is real and it is shocking that WSJ fell for it. “And it is even more unfortunate that some Malaysians also fell for it by relying on WSJ’s good reputation,” Badlisyah said in a Facebook comment. … http://www.malaysiakini.com/news/304483
7 July 2015
DID YOU ASK FOR EVIDENCE?
The documents showing alleged transfers of almost $700 million to Najib’s bank accounts http://on.wsj.com/1NKCgqC
Malay Mail Online
WSJ releases redacted documents online to back up its 1MDB-Najib money trail report
KUALA LUMPUR, July 7 — As Malaysian authorities investigate a money trail implicating Datuk Seri Najib Razak, The Wall Street Journal (WSJ) released today a batch of documents on the Internet that purportedly shows how nearly US$700 million (RM2.6 billion) was moved from 1Malaysia Development Berhad (1MDB) into the prime minister’s personal bank accounts.
The flowcharts and bank documents uploaded by WSJ relate to transactions in March 2013, December 2014 and February 2015 that purportedly ended up in Najib’s accounts. A January 2014 letter on the power of attorney over three bank accounts under AmIslamic Bank Berhad was also provided.
But the last few digits of the three bank accounts were redacted, along with other details in the documents. Malay Mail Online was unable to independently verify the authenticity of these documents at the time of writing.
Citing source, WSJ said bank accounts frozen in 1MDB-Najib probe different from report
KUALA LUMPUR, July 7 — The bank accounts that were ordered frozen by Malaysian authorities probing the alleged money trail of US$700 million (RM2.6 billion) from 1Malaysia Development Berhad (1MDB) to Prime Minister Datuk Seri Najib Razak are said to be different from that mentioned in the Wall Street Journal (WSJ)’s report last Friday.
In a report today, WSJ cited today an unnamed individual close to investigations, who said the accounts in both instances were different. The WSJ report did not state which of the six bank accounts frozen today were referred to by the individual.
The individual also said the authorities had moved to freeze the accounts getting information from the earlier government investigation that was revealed in the WSJ exposé last week. Malay Mail Online was unable to independently verify this at the time of writing.
A special taskforce probing the alleged misappropriation of 1MDB’s funds has announced it has frozen six bank accounts related to the case. “The order to freeze the six bank accounts belonging to those believed to be involved in this case was issued on July 6, 2015,” said the taskforce in a joint-statement today.
The statement was signed by Attorney-General Abdul Gani Patail, Bank Negara governor Zeti Akhtar Aziz, inspector-general of police Khalid Abu Bakar and Malaysian Anti-Corruption Commission (MACC) chief Abu Kassim Mohamed.
The announcement follows a report in The Wall Street Journal alleging that US$700 million of 1MDB’s fund was deposited into the personal bank accounts of Prime Minister Najib Abdul Razak. The joint-statement made no mention whether the frozen accounts belonged to the prime minister. However, the title of the statement was specific to Najib as it read: ”
About the special taskforce investigation into claims that funds were channeled to the prime minister’s accounts”. Furthermore, the special taskforce said it had obtained documents from two banks which it did not name. “The special taskforce had taken documents relating to 17 accounts from two banks to facilitate investigation,” it said.
The special taskforce added it also took documents relating to the non-compliance of Bank Negara rules by the said banks.
Jul 7, 2015
No ‘room’ for MPs to discuss WSJ in Parliament
Police have stepped up security at Parliament ahead of a scheduled bipartisan meeting of lawmakers on the 1MDB controversy.
According to Pandan MP Rafizi Ramli, as a result police have denied the lawmakers a room for the meeting. “We should be at least entitled to use a hall,” he said when contacted. However, the hall requested by the MPs had been booked by the Ministry of Youth and Sports. Thus, the MPs decided to hold the meeting at a shaded area outside the building at Parliament Square instead. The meeting was organised by opposition leader Dr Wan Azizah Wan Ismail. In a Tweet, Gelang Patah MP Lim Kit Siang described the security overkill as an attempt to strike fear in MPs. “Big security crisis in Parliament! Why? Because MPs want to have meeting on WSJ (The Wall Street Journal) allegation against Najib with NGO reps,” wrote Lim. http://www.malaysiakini.com/news/304292
6 July 2015
- POSTED: 06 Jul 2015 17:57
- UPDATED: 06 Jul 2015 20:15
KUALA LUMPUR: As investigators dig deeper into Malaysia’s controversial government investment fund 1MDB and the alleged transfer of a huge sum of money into Malaysian Prime Minister Najib Razak’s personal account, the heat is also turning on government institutions, especially the central bank, to come clean. Bank Negara Malaysia which has long upheld its credibility and integrity has come under pressure to reveal whether almost US$700 million was transferred into Mr Najib’s account as alleged by a Wall Street Journal report last week. The Malaysian ringgit tumbled to a 16-year low on Monday (Jul 6) as the Prime Minister battles intense negative public perception following the damning report by Wall Street Journal last Friday. The currency’s continued decline came despite Mr Najib taking to the stage over the weekend to explain to the grassroots that he had never swindled the people’s money nor betrayed their trust. He also posted on his Facebook page denying that he had taken any money for personal gain. Political analysts said the timing of the Wall Street journal report could not have been worse. Keith Leong, research manager at KRA Group, said: “It comes at an awkward time for Malaysia. Economically, global trend is not favourable to Malaysia – you have the strengthening of the US dollar, weakening growth in China and of course the on-going conflict with former prime minister Mahathir Mohamad. So anything that depresses sentiment is not helpful.” The Attorney-General’s statement that authorities have seized documents relating to the alleged transfer of money into Mr Najib’s account further fuelled speculation. http://www.channelnewsasia.com/news/asiapacific/malaysian-central-bank/1964108.html?cid=twtcna — 4 July 2015 Star
Saturday July 4, 2015 MYT 3:17:22 PM
Why would anyone take public funds with an account under their own name, asks Shabery
KUANTAN: Datuk Seri Ahmad Shabery Cheek believes there is a motive behind the news report that alleged millions of US dollars have been channelled into the personal bank accounts of the Prime Minister. “How is it reasonable for someone to take public funds using an account under his own name? The money involved is not even millions of Ringgit but billions. “This would have been easily traced by the banks. I am worried there is a motive behind all this to destroy our country’s economy,” the Umno supreme council member said here Saturday. http://www.thestar.com.my/News/Nation/2015/07/04/Shabery-motive-1mdb-repor-wsj/ —
“If it is proven that the Ambank account does not exist, Najib can easily end this issue.” http://bit.ly/1CRjsjQ
— Malay Mail Online DPM steps in, urges MACC, BNM, cops and AGC to probe all claims on PM
Msia Attorney General confirms raids at SRC, firms linked to money allegedly in Najib’s accts http://tdy.sg/1IAxqg4
— Malay Mail Online Probe underway on Najib-1MDB money trail, prosecutor confirms
Have you read our latest story? Malaysian Prime Minister
@NajibRazak‘s Personal Accounts Linked To #1MDB Money Trail http://www.sarawakreport.org/2015/07/sensational-findings-prime-minister-najib-razaks-personal-accounts-linked-to-1mdb-money-trail-malaysia-exclusive/ …
— Gerakan Youth ignores the dictum ‘Don’t bite the hand that feeds you’! They challenge their ‘master’ to prove that there is #nothing2hide.
… The prime minister has been urged to prove its case with facts and figures, as the public has lost confidence in denials over the various allegations. Posting on his blog today, Gerakan Youth chief Any Yong wrote, “Yes, if there is really ‘#nothingtohide’ or political sabotage, prove it! “By now most people (especially from the urban areas) are sceptical about Prime Minister Najib Razak and the 1MDB crisis.” Yong said the public would not trust any outcome from present investigations the government purports to be conducting over the debt ridden Finance Ministry investment firm. “Press releases explained by 1MDB, the Prime Minister’s Office or others will be futile,” he added. “Unless facts and figures can clearly show where is the siphoned monies (as alleged by opposition MPs Tony Pua or Rafizi Ramli) gone to or a truly independent commission is set up to investigate, nothing will change people’s perception/belief,” said Yong. http://www.malaysiakini.com/news/304015 — Malaysian Insider
Report on Najib based on solid info, not political, says WSJ
Wall Street Journal Hong Kong bureau chief Ken Brown says the business daily is very careful with reports linking leaders to missing funds. Datuk Seri Najib Razak yesterday refuted the Wall Street Journal’s claim that billions of ringgit were transferred into his personal accounts but the business daily has defended the article, saying the report was based on investigations and solid documentation. In an interview with CNBC, WSJ Hong Kong bureau chief Ken Brown said they had been very careful with the report, given the nature that it is against a country’s leader. “We are very careful and we believe the investigation and documents we have are solid and come from reliable investigation and not a political investigation. “It’s a significant story and we take it very seriously. “Any time you say a leader of a country has been… or at least evidence shows money has been forwarded to his accounts, personal accounts, and tied to government deals, it is usually dramatic,” Brown told CNBC. He added that the documents they possessed had been shared with the Attorney-General and had also been seen by the prime minister. – See more at: http://www.themalaysianinsider.com/malaysia/article/report-on-najib-based-on-solid-info-not-political-says-wsj?utm_source=twitterfeed&utm_medium=twitter#sthash.J2bBFzeI.dpuf — Perhaps he thinks that, given Singapore’s success against the WSJ, he will also succeed?
— Malay Mail Online PM will sue WSJ over ‘malicious’ 1MDB embezzlement report, aide says KUALA LUMPUR, July 4 — Datuk Seri Najib Razak will initiate legal action against US daily Wall Stree Journal (WSJ) over its latest report directly linking the prime minister as the final recipient of US$700 million (RM2.6 billion) allegedly moved out of 1 Malaysia Development Berhad (1MDB), Sinar Harian reported today. The latest development is the first stern action in the wake of damaging allegations against the embattled leader surrounding his financial links to the debt-riddled state investment firm. “The report was most malicious and unsubstantiated with weak and dubious sources. “We will take action according to the law,” Datuk Muhammad Khairun Aseh, political secretary to the prime minister, told Sinar Harian. He reportedly called the action a criminal offence. – See more at: http://www.themalaymailonline.com/malaysia/article/pm-will-sue-wsj-over-malicious-1mdb-embezzlement-report-aide-says?utm_medium=twitter&utm_source=twitterfeed#sthash.ae7ckS8T.dpuf — Jul 3, 2015
‘Dr M masterminded claim I stole 1MDB’s money’
Prime Minister Najib Abdul Razak today accused former premier Dr Mahathir Mohamad of masterminding the latest allegation of him siphoning money from 1MDB.
“The latest allegation is that I have taken state-linked funds for personal gain.
“I believe Tun (Mahathir), working hand in glove with foreign nationals, including the now discredited political attack blog Sarawak Report, is behind this latest lie,” he said in a statement tonight. …
The prime minister shot down the allegation, stressing that he has never taken the government’s money for personal gain.
“Let me be very clear: I have never taken funds for personal gain as alleged by my political opponents – whether from 1MDB, SRC International or other entities, as these companies have confirmed,” he said.
In recent months, various allegations – all unsubstantiated, and many simply outrageous – have been directed against me and my family. These attacks began when I refused to implement Tun Mahathir’s personal demands. I refused, because I do not believe it is right for Malaysia to be ruled by proxy. Tun then created a crisis when he recklessly claimed that RM42 billion was missing from 1MDB, when in fact these are audited debts backed by RM51 billion audited assets.
Jul 3, 2015
FRIENDS OF BN -BARISAN NASIONAL GOES ON THE COUNTER-ATTACK!
Bid to punch holes in WSJ’s credibility
In the wake of Wall Street Journal’s startling allegation against Prime Minister Najib Abdul Razak, aspersion is being cast on the publication’s credibility. A posting in the ‘Friends of BN’ Facebook noted while WSJ is well-known internationally, the daily has been sued numerous times, including by Singapore, for “slander”. “So can WSJ be believed? Where is WSJ’s credibility if they are often sued but never tire of peddling false news,” read the post. … The post added that while it is commendable for the media to expose corruption and wrongdoings in the government, it should not base its reports on false and unverified sources. Otherwise, it added, the report becomes a malicious fabrication. “Unfortunately there are certain quarters who use the media to topple others through fabrication,” it said. The posting was accompanied by an image, showing reports on WSJ being embroiled in legal battles. Some of the responses saw other Facebook users calling on Najib to sue the publication if the report is erroneous. http://www.malaysiakini.com/news/303971 — While 1MDB tries to cast doubt on PetroSaudi International’s leaked information, the WSJ report had nothing to do with PetroSaudi’s leaked information and its report was based on what it said was government investigation papers.
… 1MDB today insisted that none of its funds went to Prime Minster Najib Abdul Razak. “In reference to media reports published earlier today, 1MDB wishes to make clear that the company has never provided any funds to the prime minister. “To suggest otherwise, as some media outlets have done, is highly irresponsible and a deliberate attempt to undermine the company,” it said in a statement this morning. 1MDB also sought to cast doubt on the veracity of the claims by citing the example of PetroSaudi International’s leaked information which were allegedly tampered and used to allege misappropriation by the strategic fund. “According to press reports, these documents were found to have been tampered with, and were being used by an individual – who is currently under arrest in a foreign country – to extort and blackmail his former employer. “We are therefore surprised that documents such as these, whose existence and authenticity have not been publicly verified, continue to be used as a basis to create new unsubstantiated allegations against 1MDB,” it said. … Instead, 1MDB urged the public to wait for the findings from the relevant authorities. http://www.malaysiakini.com/news/303887 —
Malay Mail Online Najib never took 1MDB funds for personal use, Putrajaya says after money linked to PM accounts
Investigators Believe Money Flowed to Malaysian Leader’s Accounts
Malaysian investigators on 1MDB believe money flowed to Prime Minister Najib’s accounts http://on.wsj.com/1JBb3Zm
Investigators Believe Money Flowed to Malaysian Leader’s Accounts
Prime Minister Najib’s bank accounts are scrutinized in probe of investment fund 1MDB
July 2, 2015 4:42 p.m. ET
… Jul 3, 2015
WSJ: Links between 1MDB and PM’s bank accounts
In another sensational expose, Wall Street Journal (WSJ) has today reported that Malaysian investigators have traced nearly US$700 million of deposits into what they believe are personal bank accounts of Prime Minister Najib Abdul Razak. WSJ cited documents from a government probe, which both the international financial newspaper and whistleblower website Sarawak Report have obtained. According to WSJ, the investigation documents mark the first time Najib has been directly connected to the probes into the troubled state investment fund. “The government probe documents what investigators believe to be the movement of cash among government agencies, banks and companies linked to 1MDB before it ended up in Mr. Najib’s personal accounts,” said WSJ. “Documents reviewed by The Wall Street Journal include bank transfer forms and flow charts put together by government investigators that reflect their understanding of the path of the cash.” http://www.malaysiakini.com/news/303876 — Malaysian Insider
Billions pumped into Najib’s accounts, 1MDB probe shows
The documents show that US$700 million (RM2.67 billion) was moved among government agencies, banks and entities linked to 1MDB and finally ending up in the prime minister’s personal accounts in five separate deposits, WSJ said. It said that the largest transactions were deposits of US$620 million and another one for US$61 million in March 2013, two months before the general election was held. A 1MDB spokesman said, referring to the transfers into Najib’s account: “1MDB is not aware of any such transactions, nor has it seen any documents to this effect.” The spokesman cautioned that doctored documents have been used in the past to discreredit 1MDB and the government. – See more at: http://www.themalaysianinsider.com/malaysia/article/billions-pumped-into-najibs-accounts-1mdb-probe-shows?utm_source=twitterfeed&utm_medium=twitter#sthash.0A0IWc7a.dpuf —