2 July 2018
1MDB task force freezes 408 bank accounts in RM1.1b funds transfer probes
KUALA LUMPUR, July 2 — A total of 408 bank accounts suspected to be linked to financial improprieties involving the 1Malaysia Development Berhad (1MDB) corruption scandal have been frozen, a government task force said today.
Named the 1MDB Task Force, the team jointly led by Tan Sri Abdul Gani Patail, Tan Sri Abu Kassim Mohamed, Datuk Seri Mohd Shukri Abdull and Datuk Abdul Hamid Bador, said the accounts belonged to 81 individuals and 55 companies.
“These accounts are believed to have been involved in the embezzlement and misappropriation of 1MDB funds.
“It involves nearly 900 transactions made between March 2011 and September 2015,” they said in a statement.
The task force said it is currently in the midst of identifying the degree of involvement of the bank account holders and hoped for their co-operation.
It said more bank accounts could be frozen after this.
“All accounts are frozen according to the law and therefore, there is no issue that this account suspension is to frame anyone,” the task force emphasised.
30 June 2018
#BreakingNews @cnnbrk @SumishaCNA @XHNews @SMASHBLAST13jkt @BangkokPostNews @SkyNewsAust @BBCWorld @Corruption_SA @UNHumanRights @CMI_Compas @washingtonpost @Khairykj
$870 million stole by Najib from 1MDB/SRC, of which politicians/political parties recd>$600 million. List was published by me long ago but govt is only now awakening & acting on it!!!
@anwaribrahim @tonypua @guanenglim @chedetofficial @PDRMsia @SPRMMalaysia
MCA, MIC received 1MDB money, too, says report
BARISAN Nasional component parties MCA, MIC, SUPP and LDP are believed to have received money from 1Malaysia Development Bhd, said a business weekly report.
Quoting sources, The Edge said the sum given to the parties for the 2013 election amounted to some RM300 million and that the Umno head office was the biggest beneficiary at RM145 million.
The money was transferred from one of then prime minister and party president Najib Razak’s personal accounts with AmBank, said the report.
It said the RM145 million was part of RM800 million in the account.
Investigators believe the money originated from 1MDB’s bond issue in 2012 and 2013.
In 2013, the Wall Street Journal reported that some RM2.6 billion was transferred to Najib’s accounts in March that same year.
29 June 2018
MACC freezes SUPP’s account after Umno
KUCHING: The Malaysian Anti-Corruption Commission (MACC) has frozen the bank account of the Sarawak United People’s Party (SUPP), said party president Datuk Dr Sim Kui Hian.
“SUPP has received a letter that the account of the party’s headquarters has been frozen for three months to facilitate investigations by MACC,” he said in a statement on Friday, adding that SUPP would cooperate with the anti-graft body.
JUST IN: The 1MDB Special Task Force confirms it has frozen bank accounts of several organisations including UMNO as well as those of other political parties believed to be involved in the misappropriation of funds from
Umno not only party to have bank accounts frozen, says 1MDB task force
THE 1MDB task force has frozen the bank accounts of several political parties, including Umno.
The investigating task force said in a statement today it had also frozen the accounts of individuals linked to the 1MDB scandal.
“The 1MDB task force confirms freezing several accounts, including Umno’s, that are believed to be involved in the 1MDB corruption,” the statement read.
Associate and company accounts were among those frozen, it said.
MP: Will MCA and MIC’s accounts be frozen as well?
A DAP lawmaker has asked if MCA and MIC’s accounts will be frozen as well similar to Umno’s in relation to the 1MDB investigation.
Citing a Sarawak Reportarticle, Lim Lip Eng said it was alleged that Selangor MCA liaison committee, MIC, Liberal Democratic Party (LDP) and Sarawak United Peoples’ Party (SUPP) also received 1MDB originated funds from former premier Najib Abdul Razak’s bank account.
Both LDP and SUPP quit the BN coalition following the May 9 general election.
In 2013, Sarawak Report claimed that the Selangor MCA liaison committee received RM10 million, MIC RM15 million, LDP RM1 million and SUPP RM2 million.
Former SUPP president Peter Chin criticised Sarawak Report for publishing images of cheques amounting to RM1 million purportedly issued by Najib to his party during the 2016 state polls.
However, Chin neither denied nor confirmed if the sum was received.
Meanwhile, Lim urged the above parties to cooperate with MACC with regard to the probe.
[Exclusive] 900 accounts linked to 1MDB frozen
KUALA LUMPUR: THE Malaysian Anti-Corruption Commission (MACC) has frozen about 900 accounts traced to that of 1Malaysia Development Bhd (1MDB).
Highly-placed sources told the New Straits Times that Umno’s main account was one of them.
“Those who would have discovered over the past few days that they no longer had access to their accounts are scores of individuals who investigators believe had benefited from 1MDB.”
Meanwhile, Umno presidential candidate Datuk Seri Dr Ahmad Zahid Hamidi said Umno had found its account and that of its Selangor chapter frozen.
Speaking in Johor Baru, Zahid yesterday said it was not impossible for the anti-graft body to also freeze the account of Johor Umno.
The former deputy prime minister said he learnt of the freezing yesterday, adding that it was almost certain that the account of Johor Umno would also be frozen soon.
MACC freezes Umno funds, party on the ropes
STILL reeling from its general election defeat, Umno received yet another body blow after the party’s bank accounts were frozen by the Malaysian Anti-Corruption Commission today.
Its acting president, Ahmad Zahid Hamidi, said MACC’s move will disrupt the running of the party and hamper efforts to revive the Barisan Nasional lynchpin.
Zahid said he received a call from the MACC notifying him that the accounts had been frozen.
“It is almost certain that, after this, MACC will freeze Johor Umno’s account as well,” he was quoted as saying during a Hari Raya gathering in Johor Baru today.