Promise

Resolve 1MDB, FELDA, MARA and TABUNG HAJI MEGA SCANDALS

Analysis

FELDA White Paper Infographic Poster

Azmin Ali, the Minister for Economic Affairs released a FELDA White Paper 10 April 2019. This infographic poster was based on his speech in the parliament. One of the most shocking things in his speech was that FELDA had an average cash balance of RM2.5 billion between 2007 – 2011. They only had RM35 million in cash on 9 May 2018!

The last Parliamentary sitting of 2019 ended on 5 Dec 2019. Here’s the summary of progress on PH’s Institutional and Political Reform – Promise 13
Promise 13 Resolve 1MDB, FELDA, MARA, TABUNG HAJI mega scandals

Sub-promises

Related News

Appeals court overturns ruling on AIAC ex-director’s immunity

25 June 2020

Immunity overturned for Sundra Rajoo, the former director of the Asian International Arbitration Centre (AIAC). On Jan 22, 2020, Sessions Court judge Azura Alwi struck out the three criminal breach of trust charges involving AIAC funds amounting to more than RM1 million against him because she was bound by the High Court decision that he was entitled to immunity from prosecution for acts done in his official capacity.

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Peter Anthony down with vertigo, case rescheduled to July 10 

22 June 2020

Peter Anthony didn’t attend his trial charged with abetting in a RM15 million Rubber Industry Smallholders Development Authority (Risda) land deal transaction because he is down with vertigo.

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Johor MP’s adviser arrested over false RM58,000 claim

16 June 2020

An MACC source said the adviser, who is a Datuk and company director, claimed RM58,000 for food for an event at the service centre which was never held last year. He has been detained by the Malaysian Anti-Corruption Commission for making a false claim.

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Anwar welcomes Najib’s call to reopen RM33b forex scandal case

15 June 2020

PKR president Anwar Ibrahim has welcomed the call by former prime minister Najib Abdul Razak for the Attorney-General’s Chambers to reopen the files on the RM33 billion foreign exchange (forex) scandal in the 1990s. Anwar, who was deputy prime minister and finance minister maintained he did no wrong.

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Kes tanah RISDA: Peguam hadir mahkamah bagi pendakwaan

15 June 2020

Peguam dipercayai terbabit kes berkaitan urusan tanah Pihak Berkuasa Kemajuan Pekebun Kecil Perusahaan Getah (RISDA) hadir ke Mahkamah Kompleks Mahkamah Kota Kinabalu, diiringi pegawai Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) Sabah bagi tujuan pendakwaan. Sabtu lalu, Mahkamah Majistret Kota Kinabalu menetapkan reman tujuh hari kepada peguam berkenaan mengikut Seksyen 409 Kanun Keseksaan.

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Sabah minister charged with laundering RM8.75 million

11 June 2020

Sabah Infrastructure Development Minister Peter Anthony pleaded not guilty at a special corruption court in Kota Kinabalu today to five counts of money laundering involving RM8.75 million. Anthony is charged under Section 4(1) (a) while the other three were under Section 4 (1) (b) of the Anti-Money Laundering and Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

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Shafie Apdal may be quizzed by MACC, say sources

9 June 2020

Sources said that Sabah Chief Minister and Warisan founder Mohd Shafie Apdal is expected to be questioned over the alleged abuse of RM1.5 bil meant for rural development projects. He was arrested on Oct 19, 2017, for allegedly siphoning RM1.5 bil between 2009 and 2015 when he was the rural and regional development minister. On Oct 27, he was released on bail after being remanded for eight days with RM180,000.He was then cleared of the charges on Aug 28, 2018. 

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Clear the air on RM15 mil for Sabah land deal, Risda told

6 June 2020

The Rubber Industry Smallholders Development Authority (Risda) has been urged to clear the air on a criminal breach of trust police report on a land deal worth millions made against a Sabah legal firm in 2016. SAPP president Yong Teck Lee said there had been a claim that the money had already been returned, and that lawyer Michael Persius Ubu whose firm was linked to the deal had not gone missing as believed and that RM18 million had been returned to Risda from the land deal. The family denied that Ubu went missing.

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Investigate Mega Scandal – FELDA
 

Mahkamah lepaskan Isa Samad tuduhan pecah amanah

16 Jun 2020

Bekas pengerusi Felda Tan Sri Mohd Isa Abdul Samad dilepaskan daripada tuduhan pecah amanah berhubung pembelian sebuah hotel di Kuching, Sarawak. Namun, beliau perlu membela diri atas sembilan pertuduhan menerima rasuah berhubung proses pembelian itu.

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Isa Samad to know his fate on CBT and corruption charges tomorrow

15 June 2020

High Court Judge Mohd Nazlan Mohd Ghazali is scheduled to deliver the verdict on whether the former Mentri Besar of Negri Sembilan also the former Felda chairman Tan Sri Mohd Isa Abdul Samad will be acquitted from CBT charges. 

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Ex-Felda chairman Shahrir Samad claims trial to RM1m money laundering charge

21 January 2020

Former Federal Land Development Authority (Felda) chairman Tan Sri Shahrir Samad pleaded not guilty and claimed trial to the RM1 million money laundering charge brought against him. Shahrir was charged with one count of money laundering due to his failure to report his actual income for the 2013 year of income tax assessment, breaching section 113(1)(a) of the Income Tax Act 1967, where a total of RM1 million received from former prime minister Datuk Seri Najib Razak was not reported. He was charged under section 4(1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

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No money trail found in alleged RM3 mil payment to Isa, MACC officer tells court

14 January 2020

The Malaysian Anti-Corruption Commission’s (MACC) Mohamad Safari Abdullah who is the investigating officer in Isa Samad’s corruption case said that authorities did not find any money trail on the alleged bribe in 2017 by businessman Ikhwan Zaidel to Isa. Ikhwan had testified previously that he paid RM3.09 million to Isa. Safari said MACC did not find any money trail on the nine payments allegedly passed to Isa through his former aide, Muhammad Zahid Md Arip.

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I was paid up to RM50,000 to collect money for Isa, says ex-aide

14 January 2020

Ex-aide of Tan Sri Isa Samad, Muhammad Zahid Md Arip said that he was given money money by Isa even though he didn’t ask for it. He was introduced to Ikhwan who later revealed his intention to sell Merdeka Palace and Suites Hotel in Kuching. Zahid submitted a proposal to the Felda Investment Corporation Sdn Bhd (FIC)’s then chief executive officer Mohd Zaid Abdul Jalil. However, Zaid decided not to buy it, so Isa called him and tried to pressure him by saying the then prime minister, Najib Razak asked Felda to reconsider the decision not to sell it.

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Johari denies signing deals at Eagle High meet

24 December 2019

Former Finance Minister II Johari Abdul Ghani maintained that he did not approve Felda’s investment in Indonesia’s Eagle High Plantation (EHP) owned by Peter Sondakh, a close friend of former premier Najib Abdul Razak. He said that the investment was approved between Felda and the Prime Minister’s Office. He added that the Finance Ministry’s (MOF) team was tasked to guarantee that the procedure and process on the investment complied to the requisite securities.

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I collected bag with RM300,000 in cash, witness tells Isa Samad trial

27 November 2019

Roney Zaidel said his brother Ikhwan told him on Aug 20, 2015 to meet Ikhwan’s friend, Azizi Abdul Wahab to collect RM300,000 in cash. Ikhwan was said to have given RM3.09 million to Isa for approving the purchase of Merdeka Palace Hotel and Suites, to which Ikhwan was then attached. Azizi passed RM300,000 in cash to Roney at a mamak restaurant. Ikhwan then went to Roney’s house, took and passed the bag to a Felda officer, called Zahid. Isa faces a charge of criminal breach of trust and nine counts of corruption for allegedly receiving over RM3 million at Menara Felda, Platinum Park, Persiaran KLCC between April 29, 2014 and Dec 11, 2015.

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7 October 2019 –  The prosecution in Mohd Isa Abdul Samat trial will prove the former FELDA chairman has received bribes that amount to RM 3 million for the purchase of a hotel in Kuching. The bribe was given by Ikhwan Zaidel, the director of Syarikat Gagasan Abadi Properties Sdn Bhd in 2014. These were mentioned in the opening statement the Deputy Public Prosecutor Afzainizam Abdul Aziz in the first day of trial. Mohd Isa is charged with Criminal Breach of Trust, in accordance of Section 409 of the Penal Code, in which he can be in prison for a maximum of 20 years, whipping and a fine if found guilty.  

C4 – The opening statement by the prosecutor in this trial shows paints a picture of Mohd Isa, a UMNO politician with a checkered history, a person who would use his position to feed his greed. During the past Barisan Nasional administration, Mohd Isa spearheaded changes in the Federal Land Development Authority (FELDA) to a corporate giant to provide “sustainable” energy through palm oil. FELDA was established to help smallholder farmers from the Bumiputra community to improve their economic situation. Instead, Mohd Isa and other politically connected people plunder it to fund themselves and their political parties.

29 August 2019FGV group chief executive officer (CEO) Datuk Haris Fadzilah Hassan said FGV directors continued to work hard to revive the battered financials of the state-owned plantations group. “The board is very committed to driving the transformation and they have not shown any sign of slowing down with regard to this effort,” he said, adding that would be good for shareholders to recognise the effort.

C4 – The statement by FGV Group Chief Executive Office Datuk Haris Fadzilah Hassan at this press conference indicates positive steps have been made to ensure that FGV and FELDA will be brought up to good health. The struggle over the director’s fee for the past few weeks can be seen positively as the board, and the directors are keeping each other accountable.

3 July 2019 – Dr Mahathir was expected to announce a new FELDA initiative which will help FELDA settlers in generating more income and diversifying their crops from only relying on Palm Oil. 

C4 – This initiative is seen as a positive step by the administration to address the concerns of settlers in sustaining their farms with the growing volatility of Palm Oil prices. This initiative would hopefully attract children of the settlers to continue tending the family farm due to the higher income stream. 

2 May 2019  FELDA is considering to review the land lease agreement it made with its subsidiary FGV holdings. The review process is complicated which might impact stock prices and the revenue of FGV. This part of the reform that is needed to strengthen and reorganise FELDA.

C4 – It was herald that the formation of Felda Global Ventures Holdings Berhad (now known as FGV Holdings) in 2007 would modernise FELDA and bring prosperity to the settlers and the nation. Instead, FELDA was missed managed to the highest degree of incompetence to allow for it to be used to fund political activities of UMNO. The current administration commitment to solving FELDA’s problems is complicated by the complex contractual and financial tangle which slows down the progress for a change.

11 April 2019FELDA’s White Paper Confirms Massive Fraud! Time to Charge the culprits!!

The Centre to Combat Corruption and Cronyism (C4) is deeply concerned with the findings of the government’s White Paper on the Federal Land Development Authority (FELDA) which was tabled in the Dewan Rakyat today by Economic Affairs Minister Datuk Seri Muhamed Azmin Ali. (C4 Press statement)

10 April 2019 The White Paper on FELDA detailed that FGV and FIC made bad business decisions have to lead to the problems with its cash flow. The management took aggressive and unnecessary risk investment to get maximum returns.

C4 – The missed management of FELDA would not have happened if politicians were barred from leading the agency. Mohd Isa, a UMNO stalwart, has used it to fund UMNO and his own greed. The lack of professional leadership has lead to bad decisions being made as proper oversight was not made. 

10 April 2019 – Mohamed Azmin Ali tabled a white paper called “Towards the Sustainability of FELDA” in parliament on 10 April. In his speech, the government has agreed to help FELDA settlers financially and moots a new business model for FELDA. 

C4 – The FELDA white paper shows the dedication of the administration toward helping the bumiputra community as FELDA was an initiative to help poor Bumiputera families by providing an avenue for them to generate income. The long-awaited white paper detailed the results of comprehensive forensic auditing of the agency. It detailed the deficiencies, blame and areas of growth for FELDA. This comprehensive and honest white paper reflects well for the PH government to Promise 14 of their manifesto.

9 April 2019 – Azmin Ali, the Economic Affairs Minister, said that FELDA white paper that he will table on 10 April will expose the thieving ways of the previous management. He said this in an election campaign speech on 9 April 2019 in Rantau.  

C4 – Azmin Ali’s fiery speech was to energize PH voter base and the people of Rantau on the corrupt ways of the previous BN government. FELDA is a highly regarded agencies by the majority of  Malay electorate. This white paper will be a damning document on the corruption within the previous Barisan Nasional government.

9 April 2019 – A police report was made that alledges Najib Razak has lied to the board of FELDA for it to invest RM2.3 billion in Eagle High Plantations TBK that is owned by his friend, Peter Sondakh. This report was made at Dang Wangi police headquarters by FELDA director-general Othman Omar

C4 – This police report exposes the wide reach of Najib Razak kleptomaniac tendencies that go beyond the 1MDB scandal. He has misused his powers to mislead a government agency to invest in a risky investment that benefited his friend.

8 April 2019 – Azmin Ali, while speaking to reporters after a ceramah in Rantau, said the upcoming FELDA White Paper will improve the economic standing of its settlers. FELDA and its settlers have been facing hard times due to the mismanagement and thief of their funds by the previous BN administration. 

C4 – Azmin Ali uses the FELDA white paper to score points against Barisan Nasional. Some might say this swipe was justified as BN has nearly drained FELDA of its resources and put the livelihood of the settlers in danger. His comments gave hope to settlers which the PH administration will still help them even though most of them were seen as Barisan Nasional voters

4 Apr 2019 – The former FELDA Chairman and former UMNO MP, Mohd Isa Samad, was charged with one count of Criminal Breach of Trust (CBT) and nine counts of receiving gratification which told up to RM 3 Million. The trial was transferred from the Sessions Court to the High Court by Sessions Court Judge Azura Alwi.  Mohd ISA pleaded not guilty on 14 December 2019 committing CBT at Menara FELDA on 29 April 2014

C4 – Mohd Isa’s transfer of his sensational trial to the high court by the AG chambers highlights the severity of his crimes. If the trail continued at the lower sessions court, Mohd Isa would have faced less serious punishment. Mohd Isa, who was chosen as guardian to the Crown Jewels for the elevation of the Malay people used FELDA to his own gratification. We hope this trial would reveal the extent of crimes and maybe flesh out any political motivations behind his actions.

3 April 2019 – On the 3 April 2019, Dr Mohd Radzi, the Deputy Minister of Economic Affairs mentioned that the FELDA White paper will be tabled in Parliament on Wednesday, 10 April 2019. Initially, the paper was delayed upon the advice of the Attorney General Chambers for certain legal reasons.

C4 – The greatly anticipated FELDA White paper will finally be table after much delay. This paper will finally resolve the suffering of FELDA Settlers who were manipulated by the previous administration.

27 February 2019 – This NST editorial ponders the revival of FELDA by the PH Administration. The second PM (Tun Abdul Razak Hussain) was credited in guiding FELDA to its current form with the aim to eradicate poverty amongst the Malays. The idea was a simple one, give poor Malay families land to grow cash crops which they keep the profits. In the subsequent years, FELDA settlers became an important political where 54 parliamentary seats were in FELDA areas. In a pale reflection of its past, FELDA is now saddled with RM8.05 billion in debt with little to no cash flow. This happened due to years of mismanagement and meddling by Barisan Nasional.

C4 – This is a damning report by the NST on Najib Razak destruction of FELDA, his father’s legacy, for political expediency and greed. It also points the finger at Mohd Isa Samad, former Negeri Sembilan Menteri Besar and UMNO strong man for the agencies failures.   

17 Dec 2018  – Mohd Isa Samad, the former FELDA chairman was charged on 17 December 2018 for Criminal Breach of Trust over the purchase of Merdeka Palace Hotel in 2014. Mohd Isa Samad had a checkered history in UMNO, who is known to be a sweet talker which he used to his full advantage. Mohd Isa pleaded not guilty to all the 10 charges. If found guilty, Mohd Isa faces a maximum 20-year jail sentence, whipping and fine for the CBT indictment. Meanwhile, the bribery charges carry a maximum 20-year jail term and a fine of no less than five times the amount of gratification or RM10,000, whichever is higher, under Section 24(1) of the Malaysian Anti-Corruption Commission (MACC) Act 2009.

C4 – The former Menteri Besar of Negeri Sembilan and chairman of FELDA, Mohd Isa, finally was brought to court to face corruption charges. He is accused of receiving kickbacks amounting to RM 3 million. Mohd Isa held a stronghold amongst FELDA settlers due to charisma which gained UMNO substantial over parliamentary seats in FELDA dominated area. Support for UMNO in the past often come with the promise of a better life, however, this trial will show that Mohd Isa was only looking to better his own life.

Related News on 1MDB

RM265k in deceased former MP’s bank account forfeited to gov’t

30 June 2020

A deposit amounting RM265,146.16 related to the 1MDB fund scandal that was frozen in a bank account belonging to former Paya Besar MP Abdul Manan Ismail, who is now deceased, has been forfeited to the government. The forfeiture was made under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

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Shahrol agrees circulars were devised to deceive 1MDB board members

30 June 2020

Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi agreed that certain documents involving the restructuring exercises to repatriate 1MDB’s US$2.22 billion were phrased to deceive the state fund’s board. The Directors Circular Resolution (DCR) regarding the conversion of 1MDB’s 49% equity stake in PetroSaudi Oil Services Ltd (PSOSL), into fund units was worded in such a way to make it hard for the board members to understand the processes involved.

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Najib files ex-AG’s affidavit in bid to recuse Sri Ram from 1MDB trial

30 June 2020

Former Prime Minister Datuk Seri Mohd Najib Razak filed an affidavit by former Attorney General (AG) Tan Sri Mohamed Apandi Ali to remove Datuk Seri Gopal Sri Ram as the lead prosecutor in the 1Malaysia Development Bhd (1MDB) trial. In the affidavit, Mohamed Apandi alleged Sri Ram has a “clear mission of bias” against Najib and that he was coaxed to arrest Najib for wrongdoings in January 2018. Mohamed Apandi exonerated the former PM of SRC International Sdn Bhd and 1MDB wrongdoings on Jan 26, 2016.

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Jho Low likely being protected by allies in China, say Pua, Rewcastle-Brown

24 June 2020

Damansara MP Tony Pua and Sarawak Report editor Clare Rewcastle-Brown said that Jho Low, is believed to be in China and likely protected by those who have good relations with the country’s top brass.

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IGP: Police have not given up efforts to bring back Jho Low

22 June 2020

Inspector-general of police Abdul Hamid Bador said that the police are still looking to bring fugitive businessperson Low Taek Jho back.

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1MDB audit trial: Prosecution seeks to amend charges against Najib, Arul Kanda over ‘typo error’; defence argues changes are significant

17 June 2020

Tan Sri Muhammad Shafee Abdullah, argued that the prosecution in Datuk Seri Najib Razak’s joint trial with Arul Kanda Kandasamy for alleged tampering of the 1MDB audit report would change the position of the prosecution’s case. The prosecution said the changes would include “typo error.”

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Prosecution

 seeks to amend charges in 1MDB audit tampering trial 

16 June 2020

The prosecution in Najib Razak’s 1Malaysia Development Bhd audit report tampering trial is expected to amend the abuse of power charge against the former prime minister. Lead prosecutor Gopal Sri Ram said the prosecution is seeking to amend the single charge that Najib faces. Deputy public prosecutor Ahmad Akram Gharib said the prosecution wanted to make “abundantly clear” that the final 1MDB audit report was altered. The charge against former 1MDB CEO Arul Kanda Kandasamy for abetting Najib, would also be amended.

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Permohonan Najib, Shafee gugurkan Sri Ram didengar 16 Jun

11 June 2020

Najib Razak dan peguamnya Muhammad Shafee Abdullah pada 16 Jun memohon semakan kehakiman, bagi menggugurkan Gopal Sri Ram sebagai ketua pendakwaan dalam kes jenayah yang dihadapi mereka. Mahkamah Persekutuan pada Oktober lalu menolak rayuan Jabatan Peguam Negara terhadap keputusan mahkamah yang membenarkan Najib dan Shafee membuat semakan kehakiman bagi mencabar pelantikan Sri Ram.

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Malaysian ex-PM to hear verdict in 1st graft case in July

5 June 2020 

Malaysian ex-Prime Minister Najib Razak’s lawyers said that Najib was victimized by rogue bankers, thus should be acquitted of corruption charges linked to the massive looting of a state investment fund. July 28 is set to deliver the High Court’s verdict. Najib’s Malay ruling party is part of a new government that took power in March less than two years after it was ousted in 2018 elections amid public outrage over the 1MDB investment fund scandal. Najib is arraigned after losing office, and faces five criminal cases covering 42 charges of criminal breach of trust, graft, abuse of power and money laundering linked to 1MDB. He will be imprisoned for 66 years if convicted. The trial began in April 2019 over seven charges related to the transfer of 42 million ringgit ($9.8 million) from a former 1MDB unit into his own bank accounts between 2011 and 2015. He is accused of abusing his position to receive a bribe for approving a government guarantee for billions in loans to the 1MDB unit, SRC International. committing criminal breach of trust and accepting proceeds from unlawful activities. Investigations into the 1MDB scandal had been quashed by Najib’s government, and its spectacular ousting in the 2018 elections ushered in Malaysia’s first change of power since independence from Britain in 1957.

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Investigate Mega Scandal – 1MDB

Ex-MACC chief demands Sri Ram justify decision to grant Riza Aziz plea deal

19 May 2020

Tan Sri Dzulkifli Ahmad, in a series of tweets, asked Sri Ram to be forthcoming over Datuk Seri Najib Razak’s stepson’s DNAA and added that Sri Ram’s advice to the AG was crucial.

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Rotten deal over Riza Aziz must be investigated

18 May 2020

The deal offered by the prosecution to Riza Aziz over the US$248 mil (about RM1.1 bil) money-laundering charges was a rotten one which challenges how the prosecution came to the decision. It needs to be investigated. The blame game has been pushed around the key actors, Attorney-General Tan Sri Idrus Harun, his predecessor Tan Sri Tommy Thomas, and Datuk Seri Gopal Sri Ram. All Riza had to do was merely to relinquish any rights he may have to assets already seized by the DOJ amounting in all to about US$108 mil. This sum would still be repatriated anyways. It casts doubts on whether Riza has rights to any assets as they were from the stolen 1MDB money in the first place and the DOJ has the legal rights to seize the assets bought via the stolen money. 

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Thomas: Riza Aziz deal terrible for Malaysia

18 May 2020

A deal to drop money-laundering charges linked to the 1Malaysia Development Berhad (1MDB) scandal against Riza Aziz, the producer of Hollywood hit “Wolf of Wall Street”, who had been accused of receiving  US$248.17 million in 2011 and 2012 from 1MDB,  is a “sweetheart deal for Riza but terrible for Malaysia,” former Attorney-General Tommy Thomas said. The US Department of Justice would still have returned these monies because it was stolen from Malaysia according to Thomas. His successor has insisted Thomas agreed to drop the charges “in principle” – but he rubbished this as “a fiction.

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Enough evidence to convict Riza, says Thomas

18 May 2020

The prosecution had a strong case to convict Riza Aziz of money-laundering, said former attorney-general Tommy Thomas. Thomas said, “the documentary trail was substantial and highly credible.” Upon conviction, the prosecution would have invited the trial judge to impose a sentence equivalent to its severity, the maximum being 15 years for each charge. The Parliament gives power to the criminal court to impose a penalty up to five times the amount involved in the unlawful activities, that is five times US$248 million, which would work out to some US$1.2 billion. 

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Tommy Thomas denies sanctioning ‘sweetheart deal’ for Riza Aziz

18 May 2020

Former Attorney-General Tan Sri Tommy Thomas has denied that he was involved in making a settlement decision involving Riza Shahriz Abdul Aziz’s money-laundering charges of US$248 mil (RM1.1 bil), replying directly to current AG Tan Sri Idrus Harun’s statement yesterday. Thomas took into account the benefits of the AMLA Act 2001 when he charged Riza Aziz in July 2019 with five money-laundering offences punishable under Section 4(1) of that Act for receiving proceeds of unlawful activities, between April 2011 and November 2012, totalling US$248 mil of monies belonging to 1MDB. According to Thomas, the prosecution had a very strong case with substantial and credible documentary trail. The Parliament bestows the power to the criminal court to impose five times the US$248 mil, which would work out to some US$1.2 bil. Since Thomas took office, strong relations with the DOJ have been built and they have returned billions of ringgit and more in the future. “It’s a sweetheart deal for Riza,” said Thomas. 

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AG: Tommy Thomas agreed to Riza Aziz settlement ‘in principle’

17 May 2020

Current Attorney General Tan Sri Idrus Harun said he has continued the negotiations with Riza Aziz’s lawyers upon knowing that his predecessor Tan Sri Tommy Thomas has agreed to the settlement “in principle”. Idrus was advised by ad hoc public prosecutor in the case, Gopal Sri Ram, after consulting with former MACC chief Latheefa Koya, that the proposal sent by Riza’s lawyers be accepted by MACC.

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Takiyuddin to Dr M: Don’t confuse the public over dropping of charges against Riza Aziz

16 May 2020

De facto law minister Datuk Takiyuddin Hassan slammed former premier Tun Dr Mahathir Mohamad for questioning the plea bargain deal reached by the prosecution with Riza which resulted in the court granting the accused a discharge not amounting to acquittal. Takiyuddin called Dr Mahathir a hypocrite for confusing the public over the DNAA.

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Ex-A-G Thomas lambasts MACC for ‘lying’ about his involvement in Riza Aziz case

16 May 2020

Former Attorney-General (AG) Tan Sri Tommy Thomas said the Malaysian Anti-Corruption Commission (MACC)’s press statement, which said that the settlement was a decision “considered and agreed to” by him is false. Thomas said he appointed Datuk Seri Gopal Sri Ram to lead the prosecution and left the day-to-day handling of the cases to Gopal and the deputy public prosecutor (DPP) from the AGC. Until his resignation, Thomas said he has not received any advice from Sri Ram.

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Dr M ‘confused, concerned’ over Riza Aziz’s plea bargain 

15 May 2020 

Former prime minister Dr Mahathir Mohamad is bewildered over Riza Aziz’s plea bargain while not questioning the judge’s decision. Dr Mahathis is concerned that if a thief steals but brings back the stolen money for charges to be dropped. Mahathir stressed that he does not question the Kuala Lumpur Sessions Court’s decision, but said that as a lawmaker, this indicates the law may need to be changed.

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Riza Aziz gets DNAA for money laundering charges 

14 May 2020

The stepson of former prime minister Datuk Seri Najib Razak, Riza Shahriz Abdul Aziz was discharged not amounting to an acquittal (DNAA) from five money laundering charges. Sessions Court judge Azman Ahmad granted the DNAA to Riza after an agreement was made. It was read out in open court by the deputy public prosecutor Datuk Seri Gopal Sri Ram. Sri Ram said that under the terms of the agreement, he said the Federal Government will receive a substantial sum amounting to millions of ringgit. On July 5 2019, the Hollywood producer pleaded not guilty to five counts of involvement in money laundering activities involving US$248 million (RM1.25 billion), which were misappropriated from sovereign wealth fund 1Malaysia Development Bhd (1MDB). Riza Aziz, allegedly received proceeds from unlawful activities that originated from 1MDB amounting to US$248,173,104, which was transferred into two of Red Granite Productions Inc’s accounts via wire transfer.

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Ex-Goldman Sachs banker Roger Ng’s case mention set on Sept 4

29 June 2020

The High Court here today set Sept 4, 2020 for former Goldman Sachs Group Inc banker Roger Ng Chong Hwa’s 1Malaysia Development Bhd (1MDB)-linked case mention. Ng is still in the US to face 1MDB-linked charges there. Ng is currently under temporary surrender to the US government after the DOJ requested for his extradition to charge him over 1MDB-related offences there.

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Prosecution to amend charges against Goldman Sachs

18 June 2020

In the RM27.2 billion 1Malaysia Development Bhd (1MDB) case against Goldman Sachs International Ltd, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore) Pte Ltd is looking to amend the charges made against the bank. Deputy public prosecutor and head of prosecution in the Attorney-General’s Chambers Manoj Kurup, the amendments are related to liability. The government is seeking US$2.7 billion in fines as well as the return of US$600 million the investment bank had pocketed in fees.

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Goldman Sachs in talks to avoid guilty plea in 1MDB scandal

12 June 2020

Goldman Sachs has never admitted guilt in a federal probe and is in talks with US prosecutors to pay a lower fine and avoid a guilty plea for its role in the 1Malaysia Development Bhd fraud, reports The New York Times.

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Malaysia to Reject Even a $3 Billion Goldman Settlement: Reuters

6 June 2020

Reuters reported that Malaysia would reject a settlement offer of even as much as $3 billion from Goldman Sachs Group Inc. in the compensation for its role in the 1MDB financial scandal. According to the Finance Minister Tengku Zafrul Aziz, Malaysia’s legal case against Goldman will proceed “as long as the amount is not something we think we can accept,” Tengku Zafrul was quoted as saying. He didn’t say the amount the government was seeking from the U.S. investment bank. U.S. prosecutors alleged $4.5 billion were siphoned from the troubled state fund 1Malaysia Development Bhd. Malaysia accused Goldman of misleading investors in arranging $6.5 billion in bond sales for 1MDB, while allegedly knowing the money would be misappropriated. Malaysia has filed criminal charges against Goldman in Malaysia, as well as against 17 current and former directors at three Goldman Sachs subsidiaries for their roles.

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The Malaysian Job

May 2020

Goldman Sachs’ Leissner and Andrea Vella creamed off $350 million from the Libyans and the Libyans lost $1.2 billion. The Libyans sued on the grounds that they have been misled but the bank was let off the hook. Andrea Vella got promoted and moved from London to HK and then worked with Leissner in Malaysia. Leissner asked Low to sign up for Goldman’s private-wealth bank in Switzerland (Sept 2009). Even when Malaysians were demonstrating against the government’s corruption, the deals carried out among Najib, Low and Leissner.1MDB lacked a credit rating and was heavily in debt, they then moved on to secure a guarantee for the bonds in UAE.

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Court sets January 14 for mention of Goldman Sachs case

26 December 2019

January 14 is set for mention in the Kuala Lumpur High Court today set January 14 for mention of the government’s RM27.2 billion (US$6.5 billion) 1Malaysia Development Berhad (1MDB) bond case against Goldman Sachs (Singapore). The United States Department of Justice has estimated that about US$4.5 billion of loss from 1MDB between 2009 and 2014. 

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Goldman-1MDB case transferred to High Court

16 December 2019 

The 1Malaysia Development Bhd (1MDB) US$6.5 billion bonds criminal case against Goldman Sachs and one of its Asian entities has been transferred to the High Court from the Magistrates Court. Malaysian government alleged that Goldman Sachs misled investors in the issue of the three 1MDB bonds and demanded the return of US$600 million that the investment bank pocketed as fees.

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Putrajaya to proceed with suit against Goldman Sachs, says Guan Eng

12 December 2019

Finance Minister Lim Guan Eng revealed that Putrajaya will file legal action against Goldman Sachs in the middle of next year. Goldman Sachs could end up paying less than US$2 billion (RM8.4 billion) as part of its settlement with the US Department of Justice. Goldman Sachs aided the state investor raise US$6.5 billion between 2012 and 2013. Previously, Prime Minister Dr Mahathir turned down the very low compensation offer of US$2 billion when US$7.5 billion is the actual amount demanded from the bank.

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Dec 16 fixed for next case mention of 1MDB-linked Goldman case

1 November 2019

The High Court has fixed Dec 16 for the next case mention of the summons against three Goldman Sachs entities for allegedly misleading investors in the issuance of three 1Malaysia Development Bhd (1MDB) bonds. The case is in the midst of being transferred from the Magistrate’s Court to the High Court. In 2018, Malaysia becomes the first country in the world to prosecute Goldman Sachs as a company, filing charges against Goldman Sachs (Asia) LLC, Goldman Sachs International (UK) and Goldman Sachs (Singapore), and is seeking for US$2.7 billion (RM11.29 billion) in fines.

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Malaysia Court Sets June for Next Hearing in Goldman’s 1MDB Case

18 March 2019

A trial date has been set for the pretrial hearing for a criminal case against Goldman Sachs Group involvement with the 1MDB scandal.  The hearing was set on 24 June 2019. The New York-based bank is accused of misleading investors when it helped 1MDB raise $6.5 billion through bond deals in 2012 and 2013, while allegedly knowing that the funds would be misappropriated.

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Trial of Abdul Azeez’s corruption, money laundering case to begin on Aug 18

18 May 2020

The corruption trial of Baling Member of Parliament (MP) Datuk Seri Abdul Azeez Abdul Rahim and his brother, Datuk Abdul Latif, who is charged with abetting him, will commence on Aug 18 in the Sessions Court here. Azeez, who is an Umno Supreme Council member, is facing three counts of receiving bribes totalling RM5.2 million over road projects in Perak and Kedah, and nine counts of money laundering of nearly RM140 million. Abdul Latif, 62, is accused of abetting Abdul Azeez who allegedly received RM4 million from Mohammad Redzuan as gratification to help Syarikat Menuju Asas Sdn Bhd to secure a road project through limited tender from the Ministry of Works involving the Pantai Baru Coastal Expressway, upgrading works of Federal Road FT005 (Teluk Intan to Kampung Lekir, Perak) worth RM644,480.

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SPRM bertegas Tommy Thomas terlibat terima tawaran Riza

14 May 2020

Ketua Pesuruhjaya Suruhanjaya Pencegahan Rasuah Malaysia (SPRM), Azam Baki, bertegas bahawa keputusan keputusan terhadap penyelesaikan kes mahkamah membabitkan anak tiri Najib Razak, Riza Aziz, mendapat persetujuan Tommy Thomas yang ketika itu berkhidmat sebagai peguam negara.

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Court to fix new dates for Azeez’s graft trial

13 May 2020

New dates for the trial of Abdul Azeez Abdul Rahim and his brother, Abdul Latif Abdul Rahim, who are facing corruption and money-laundering charges. Azeez, 53, faces three charges of receiving bribes totalling RM5.2 million in connection with road projects in Perak and Kedah, as well as nine counts of money-laundering involving almost RM140 million. Latif, 62, is accused of abetting his brother.

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Government’s forfeiture case against Najib rescheduled to May 19

4 May 2020

The government’s forfeiture suit against former prime minister Datuk Seri Najib Razak, his family and several others has been rescheduled to May 19 for case management. On May 7, 2019,  the government, through the prosecution filed a notice of forfeiture over hundreds of items, including branded handbags, watches, several properties, other assets and 27 vehicles that were seized from Najib, his wife Datin Seri Rosmah Mansor, their three children and 13 individuals and companies. The Malaysian Anti-Corruption Commission (MACC) had seized the items, which were allegedly linked to the 1Malaysia Development Berhad (1MDB) fund scandal, on May 17, June 11 and Aug 2, 2018.

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Court vacated decision on Jakel Trading’s forfeiture suit 

28 April 2020

The verdict on the government’s application to forfeit RM628,314 allegedly linked to the 1Malaysia Development Berhad (1MDB) scandal that was seized from Jakel Trading, scheduled today at the High Court here has been vacated. The Malaysian Anti-Corruption Commission (MACC) filed a civil forfeiture suit against 41 entities in June 2019, comprising individuals, companies and political parties, under the Anti-Money Laundering and Anti-Terrorism Financing Act to recover about RM270 million believed to be linked to 1MDB; in which the money was illegally transferred from an account of former prime minister Datuk Seri Najib Tun Razak.

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Hearing of third-party claim in MACC’s forfeiture suit against Johor Umno set for May 19

7 April 2020

In June 2019, the Malaysian Anti-Corruption Commission (MACC) filed a civil forfeiture suit against 41 entities, comprising individuals, companies and political parties, under the Anti-Money Laundering and Anti-Terrorism Financing Act to recover about RM270 million believed to be linked to 1MDB. The hearing of a third-party claim in the government’s forfeiture suit with regard to  RM677,872.55 seized by MACC from Johor Umno Liaison Committee allegedly linked to the 1Malaysia Development Berhad (1MDB) scandal, has been set on May 19. filed a civil forfeiture suit against 41 entities, comprising individuals, companies and political parties, under the Anti-Money Laundering and Anti-Terrorism Financing Act to recover about RM270 million believed to be linked to 1MDB. MACC believed the money was illegally transferred from an account of former prime minister Datuk Seri Najib Tun Razak.

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IGP: Ex-Tabung Haji chairman Abdul Azeez called up over MACC audio recordings

28 January 2020

Former Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim has been called up by police in connection with the audio recordings released by the Malaysian Anti-Corruption Commission (MACC), says Tan Sri Abdul Hamid Bador. On Jan 8, MACC released nine audio recordings of former top officials’ conversations, including Najib and his wife Datin Seri Rosmah Mansor.

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Shahrir, Ahmad Maslan to be charged with money laundering

20 January 2020

The Malaysian Anti Corruption Commission will charge UMNO leaders Shahrir Abd Samad and Ahmad Maslan for money laundering under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. 

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Cops take Latheefa, 6 others’ statements over Najib phone chats

16 Jan 2020

Ten officers from the Bukit Aman Classified Crime Investigation Unit were at the Malaysian Anti-Corruption Commission (MACC) headquarters to record chief commissioner Latheefa Koya’s statement, deputy commissioner Azam Baki and five other officers. The statements were taken as part of investigations into the nine audio recordings released by MACC on January 8 that were allegedly of conversations between former prime minister Najib Razak and several individuals.

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MACC claims ‘criminal conspiracy at the highest level’ implicating Najib, Rosmah

8 January 2020

At the Malaysian Anti-Corruption Commission (MACC)’s special conference, MACC’s chief says that MACC has evidence of high-level leakage of information, abuse of power, and conspiracy implicating Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor. The nine sets of audio recordings were made public at the conference.

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MACC yet to identify RM18.904bil’s worth of 1MDB assets

5 November 2019

The Malaysian Anti-Corruption Commission (MACC) has yet to identify an estimated RM18.904bil worth of unidentified 1Malaysia Development Bhd (1MDB) assets. Its chief commissioner Latheefa Koya said the unidentified assets were currently being pursued in at least five countries. MACC is working with the National Financial Crime Centre (NFCC) that has just been formalised recently to locate, investigate and research where these properties are of multiple transactions. So far RM3.93bil and RM8.842bil worth of 1MDB assets have been identified by the 1MDB task force and the US Department of Justice (DoJ). On Oct 31, it was reported that the DOJ had struck a deal with fugitive businessman Low Taek Jho to recoup almost US$1bil (RM4.18bil) of money looted from 1MDB. Among the other 1MDB assets that have been recovered by the government was the superyacht Equanimity that was sold to Genting Malaysia Bhd for US$126mil (RM514.14mil) back in April.

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MACC slaps compound notices on 80 in bid to recover 1MDB funds

7 October 2019

Latheefa Koya, the Chief Commissioner of the Malaysian Anti-Corruption Commission made a presentation on the strategies the agency used to recover the assets of 1MDB at the Regional Workshop in Denying Safe Haven to Corrupt Officials and Stolen Assets in Bangkok, Thailand on 10 October 2019. At this workshop, she said that it is essential to share the MACC experience as the country has transnational and cross border issues where assets are in other nations and also to foster cooperation with other countries to repatriate these ill gotten assets. 

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Ahmad Maslan denies receiving 1MDB money

7 October 2019

Barisan Nasional lawmaker Datuk Seri Ahmad Maslan has denied receiving money from strategic development company 1Malaysia Development Bhd (1MDB).

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Witness deleted secret meeting emails without consulting MACC

11 September 2019

Datuk Amhari Efendi Nazaruddin, who participated in Low Taek Jho’s (Jho Low) top-secret 1Malaysia Development Bhd (1MDB) meetings over the years, told the High Court that he deleted his emails that transpired in 2018, containing information on the meetings’ agendas. 

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Court allows MACC to forfeit RM4.9m from Yayasan Permata

4 September 2019

Yayasan Genius (formerly known as Yayasan Permata) has allowed the forfeiture of RM4.9 million in relation to funds from 1MDB. This was done on 4 September 2019, when Dr Noraishah Spahat, a Yayasan Genius representative, raised no objection to a forfeiture suit by the MACC. In the 21 June 2019 suit by the MACC named 41 individuals and entities who have received in total RM270 million. The foundation was one of the named entities. 

C4’s note: The MACC received back the RM4.9 million stolen 1MDB money from the Yayasan Genius (formerly Yayasan Permata Malaysia). Dr Noraishah Spahat showed conviction and integrity towards the nation as the funds would have benefited the children that the foundation has been helping. The RM4.9 million given to the foundation can be seen one of Najib Razak’s bad-faith ploys to “clean” his ill-gotten gains and distract the nation on the movement of his actions. It is hoped that the current administration would give a similar or larger grant, the amount forfeited back to the Yayasan Genius as a gesture of good faith and concern over the children within the foundation.

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Wee: Kojadi wrote to MACC over RM15mil grant

12 July 2019

Koperasi Jayadiri Sdn Bhd (Kojadi) has written to the Malaysian Anti-Corruption Commission (MACC) regarding the details of a RM15mil grant received by the cooperative from Yayasan 1MDB in 2012 to provide microcredit for the youth, said Datuk Seri Dr Wee Ka Siong. The MCA president said that under current laws, funding could be received in forms of grants, although this must first be approved by the Cooperatives Commission.

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MACC files civil forfeiture applications against 41 who received money from Najib

21 June 2019

The Malaysian Anti-Corruption Commission (MACC) has filed 41 civil forfeiture suits under Section 56 of the Anti-Money Laundering Act recover RM270 million of 1MDB money transferred to Najib’s account and later to the individuals and entities. MACC chief commissioner Latheefa Koya said the biggest recipients of the money were Umno divisions and branches which received RM212 million. MACC has recovered RM919 million to date in money from the 1MDB scandal.

C4’s note: The list of individuals and entities reveal the reach of the 1MDB scandal. They might have received the money knowingly or unknowingly, regardless of the intent, the stolen money needs to be recovered in order for us to close this shameful chapter of national history.

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MACC: Special taskforce to be formed to recover 1MDB assets abroad

21 June 2019

Azam Baki, the Malaysian Anti-corruption Commission (MACC) Deputy Chief Commissioner (Operations) said that a special task-force will be formed to recover assets related to 1MDB abroad, that is believed to around USD 5 billion or roughly around RM 21 billion. He added that there are many more 1MDB assets and assets of SRC International are in the United States, United Kingdom and Hong Kong. The government has only managed to recover around RM 919 million 1MDB assets.

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Retail giant, jewellery franchise among 41 named as recipients of 1MDB money

21 June 2019

The Malaysian Anti-Corruption Commission (MACC) named 41 individuals, organisations and business entities in its forfeiture application to recover RM270 million from the account of former Prime Minister, Najib Razak.  The list provided by the MACC are as follows:

  1. Ibrahim Awang Ismail 
  2. Kasitah Gaddam
  3. Ismail Abd Muttalib
  4. Hasan Malek
  5. Sim Sai Hoon
  6. Abdul Manan Ismail
  7. Pertubuhan Kebajikan Dakwah Islamiah Malaysia (Pekida)
  8. Akademi Pemuda
  9. Parti Bersatu Rakyat Sabah
  10. Yayasan Permata Malaysia
  11. Yayasan Tun Hussein Onn
  12. Badan Perhubungan Umno Negeri Kelantan
  13. Umno Bahagian Pekan
  14. Gerakan Belia Gagasan 1Malaysia
  15. MAC Pahang State Liaison Committee
  16. Sarawak United People’s Party
  17. Wanita MCA
  18. Liberal Democratic Party (LDP) Sabah
  19. Yayasan PBAKM
  20. Binsabi Sdn Bhd
  21. Rayhar Travels Sdn Bhd
  22. K&Z Enterprise Sdn Bhd
  23. IPG Mediabrands Sdn Bhd
  24. Media Edge CIA (M) Sdn Bhd
  25. Hattatex Trading
  26. Jakel Trading
  27. Jakel Trading Sdn Bhd
  28. Perano Sdn Bhd
  29. AGA Tough (M) Sdn Bhd
  30. Habib Jewels Sdn Bhd
  31. Naza Quest Auto Sdn Bhd
  32. Badan Perhubungan Umno Negeri Selangor
  33. Badan Perhubungan Umno Negeri Pahang
  34. Badan Perhubungan Umno Negeri Kedah
  35. Badan Perhubungan Umno Negeri Johor
  36. Barisan Nasional Bahagian Johor Bahru
  37. Badan Perhubungan Umno Negeri Sabah
  38. Pertubuhan Kebangsaan Melayu Bersatu
  39. Bustari Yusof
  40. Yayasan Penyelidikan Transformasi
  41. Yayasan Rahah

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Superyacht linked to Jho Low and 1MDB scandal for sale again, for an extra $74m

20 October 2019 

Tranquility, formerly Equanimity, is being sold for US$200 million with a US$70 million profit going to its current owner. The yacht was bought by a company associated with the Genting Group from the Malaysian government in early 2019 for a price tag of US$126 million (roughly RM527 million) as an effort to repatriate funds taken from 1MDB. It was alleged that Jho Low bought the luxury yacht at the cost of US$250 million from funds illegally acquired from the 1MDB sovereign wealth fund. The yacht was seized by Indonesian authorities off the coast of Bali in 2018.

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AG breaks down RM15.5m costs for Equanimity sale

6 May 2019 

Tommy Thomas, the Attorney-General, has explained the costs incurred after the seizure and sale of Equanimity, the yacht allegedly owned by Jho Low, a person who is connected with the 1MDB scandal. The yacht was sold to a subsidiary of Genting Malaysia Bhd for USD126 million (RM522 million). The AG said that RM15.5 million were charged to the government to cover the cost of maintaining the yacht. 

A breakdown of the costs incurred is as follows:

  • Berthing charges at Port Klang – RM407,000
  • Berthing charges at Langkawi naval base – RM0
  • Operational costs (fees, salaries, insurance, supplies, repairs) – RM12.7 million
  • Independent valuation service – RM400,000
  • Messr Joseph & Partners – RM1.6 million
  • Ong Chee Kwan (Lawyer) – RM360,000
  • Messrs Holman Fenwick Willan – RM40,000
  • Sitpah Selvaratnam (Lead Counsel) – RM0

Elaborating on the breakdown, Thomas said RM407,000 was spent on berthing charges at Boustead Cruise Centre in Port Klang between August to November 2018. He added that the Royal Malaysian Navy subsequently allowed the Equanimity to berth at its naval base in Langkawi without any charges, starting from November 2018, until it was delivered to its purchaser.

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With Equanimity purchase, Genting comes full circle in 1MDB saga

4 April 2019

Genting Group has bought the Equanimity, a superyacht belonging to Jho Low for USD 126 million from the Malaysian government, it was revealed on 4 April. This was done as part of the effort to recover stolen 1MDB money. 

 

C4’s note: Malaysia was able to recover around USD 126 million from the sale of Equanimity, which was Jho Low’s totem of excess paid by stolen 1MDB. This purchase can be viewed as a victory, however, it is believed that Jho Low have spent USD 250 million to commission the building of the yacht in 2014. 

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1MDB audit tampering trial postponed after Covid-19 scare

15 June 2020

Development Bhd (1MDB) final audit report tampering trial of former prime minister Datuk Seri Najib Razak and former 1MDB president Arul Kanda Kandasamy has been postponed to tomorrow due to Covid-19 scare. Shafee has requested for postponement of Najib’s trial due to possible Covid-19 exposure fears for the second time.

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​New AG gives green light to 1MDB prosecution team

9 March 2020

The new Attorney General, Tan Sri Idris Harun has given the green light to the prosecution team, including Datuk Seri Gopal Sri Ram, to continue its case against former prime minister Datuk Seri Najib Razak, who is facing criminal charges relating to the 1Malaysia Development Bhd (1MDB) scandal.

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Ex-judge Gopal Sri Ram to continue as Malaysian government’s lead prosecutor in 1MDB-linked trials

9 March 2020

Malaysia’s new Attorney-General Idrus Harun, appointed by Prime Minister Muhyiddin Yassin last week, allowed  former judge Gopal Sri Ram to continue as lead prosecutor for the government in cases related to state fund 1MDB and ex-premier Najib Razak.

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VIPs In The Dock: 1MDB audit tampering case

7 January 2020

The 1MDB audit tampering trial which commenced on November 18, 2019 involved former prime minister Datuk Seri Najib Razak accused of taking gratification by avoiding criminal liability as he ordered to change part of the audit report. Former 1MDB CEO Arul Kanda Kandasamy is charged with abetting Najib in using the latter’s position as then prime minister to order the report’s amendment. There would be up to 40 witnesses who will testify in court. Najib’s involvement in the IMTN was not mentioned in the tampered report at all. Instead, it said that the decision of TIA’s then-CEO Datuk Shahrol Azral Ibrahim Halmi to go ahead with the issuance of the notes caused him to lose his directorship of the fund in which he was reappointed on the same day, through a TIA directors’ resolution. There was omission of the information about pressure from TIA’s special adviser Low Taek Jho on the issuance of the IMTN. 

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1MDB audit report was sent to Najib before PAC, says witness

20 November 2019

The prosecution’s fifth witness, Nor Salwani Muhammad testified in court today that she had printed out 60 final copies of the final 1MDB audit report where six of the copies were passed to Ambri to be given to the former prime minister Datuk Seri Najib Razak, the former premier’s chief private secretary Tan Sri Shukry Mohd Salleh, former chief secretary to the government Tan Sri Ali Hamsa, Datuk Dzulkifli Ahmad from the Attorney General’s Chambers, and former 1MDB CEO Arul Kanda Kandasamy. Nor Salwani said one of the six copies were kept and given  to Tan Sri Madinah Mohamad for safe-keeping. Madinah had succeeded Ambrin as Auditor-General in February 2017 and was replaced by Datuk Nik Azman Nik Abdul Majid, February this year. Before the report reaches the Public Accounts Committee (PAC) of Parliament through the National Audit Department (NAD), it was first submitted to Najib. Yesterday, Ali told the High Court that upon receiving the draft on Feb 22, 2016, Najib summoned him and then Auditor-General Tan Sri Ambrin Buang to a meeting during which he expressed his dissatisfaction with the report. Ali was asked to hold a coordination meeting on Feb 24, 2016 with representatives from the Prime Minister’s Office, Arul Kanda, NAD, the Finance Ministry and Attorney General’s Chambers to address Najib’s dissatisfaction with issues in the draft audit report. Najib and Arul Kanda have been charged with — tampering with the 1MDB audit report — was allegedly committed, as four contradictions in the report that do not favour 1MDB and Najib were removed.

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Task force set up to recover 1MDB-linked assets abroad

18 October 2019 

The National Anti-Financial Crime Centre (NAFCC) will lead a task force to recover 1MDB-linked assets from abroad. This was announced by Azam Baki, Malaysian Anti-Corruption Commission Deputy Chief, who said the task force was established a few days ago and its first task was to establish contact with foreign jurisdictions where such assets are believed to be in. The NAFCC lead task-force will work together with the Governance, Integrity and Anti-Corruption Centre (GIACC), the police, MACC and the Attorney General’s Chambers. Azam reiterated that roughly US$ 5 billion (RM20.75 billion) worth of 1MDB-linked assets parked overseas. 

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Ahmad: Entities didn’t know money came from 1MDB

15 October 2019

Ahmad Maslan, UMNO supreme council member, who represented 42 entities that were issued compound notices by the MACC, made a statement that they did not know the money they received came from 1MDB. The MACC issued to around 80 entities compound notices on 7 October 2019 to recover RM420 million that they believed came from 1MDB. Ahmad Maslan, insist that the money given to them was from a political fund and that is allowed in Malaysian law. 

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ITBM says not aware book-publishing money came from stolen 1MDB funds

8 October 2019

The Malaysian Institute of Translation and Books (ITBM) claimed that they were not aware that the funds they received was from stolen 1MDB money. ITBM through a statement published on 7 October 2019, that they were only carrying out services by a customer, namely the Prime Minister’s office and the Prime Minister’s Department during Najib Razak’s time as PM. This statement was made in response to a list published by the MACC of persons and entities that received money from 1MDB.

C4’s note: The tangled web of the 1MDB scandal seems to have tarnished the reputation of the government agency that provides translation services. From this reporting, it is not known where ITBM has channelled the stolen money. 

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U.S. Returns Seized ‘Wolf of Wall Street’ Millions to Malaysia

7 May 2019

The first tranche of money that Red Granite Pictures received from 1MDB has been returned. The production company used the money to finance several movies, including the Oscar winning “Wolf of Wall Street”. The company forfeited the money to the U.S. Department of Justice in 2016 following the nation’s largest ever forfeiture complaint involving USD 1 billion. Tommy Thomas, the Attorney General, made this statement on 7 May 2019, that Malaysia receive part of the money that was sieged.

C4’s note – The 1MDB scandal made it onto the pages of The Hollywood Reporter, entertainment trade publication, which reports stories on glamorous Hollywood stars and companies. This report reveals the brazen moves by 1MDB conspirators to use the development fund as their personal bank account. 

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Joint trial for Najib, Arul Kanda over 1MDB audit tampering to commence in November

16 April 2019

The Kuala Lumpur High Court has fixed a 15 days trial for former PM, Najib Razak and former CEO of 1MDB, Arul Kanda for tampering the audit report of 1MDB. It is expected that the trial would start from 18 – 29 November 2019 and 13 – 17 January 2020.  

C4’s note: The collusion between the former Prime Minister, Najib Razak, and a professional hired to be the CEO of 1MDB, Arul Kanda, exposes the deficiencies and abuse of corporate regulatory standards. It is hoped that the trial in November will reveal the loopholes that they used to deceive the nation, for it to be closed off forever. Thus preventing another 1MDB scandal. 

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Dr M says Putrajaya may sell more govt assets, but only to Malaysians

4 April 2019

In a press conference in Parliament, the Prime Minister is considering selling government assets to pare down the RM686 billion national debt. He reiterates that the sale will only be made to Malaysian nationals. This was necessary in light of financial scandals that the country faced like 1MDB in recent years. 

C4’s note: The impact of the 1MDB scandal will be long lasting on our country. The amount of debt and interest that needs to be paid by the government would have been better used to improve the livelihood of Malaysians. It is sad to see that the government has to sell land just to clean up the mess of the previous administration.

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Najib, Arul Kanda claim trial to 1MDB audit tampering

13 Dec 2018

Former PM Najib Razak and former 1MDB CEO claimed trial to the charge of tempering 1MDB audit reports before it was submitted to the Public Accounts Committee. They both claim trial on 13 December 2019 at the Jalan Duta Courts Complex. The alleged tampering with the final audit report on 1MDB was revealed by Auditor-General Tan Sri Dr Madinah Mohamad on 25 November 2018 Two key amendments she revealed were the removal of a paragraph or paragraphs stating that businessman Low Taek Jho (Jho Low) had attended a meeting of 1MDB’s board of directors, as well as the removal of a paragraph or paragraphs stating that there were two versions of 1MDB financial statements for the year ending 2014.

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1MDB scandal: Najib Razak faces more charges over $1.6bn government coffer

25 Oct 2018

Prime Minister Najib Razak is facing 38 counts of money laundering, abuse of power and criminal breach of trust involving the assets of 1MDB.

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Malaysia’s Najib Razak faces ‘20 years in jail’ as court date arrives

3 July 2018

Najib Razak, former Prime Minister was arrested by the MACC for his connections with the thief of 1MDB money. He was arrested in his personal house and ushered to the MACC headquarters in Putrajaya. He is expected to be charged for 1MDB related crimes on Wednesday, 4 July 2018.

C4’s note: The new PH administration should be commended on their swift action in holding the former PM, Najib Razak to account for his wrong doings. It is hoped this will bring the people who have stolen the nation’s wealth to account and justice.

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1MDB director was not subject to a background check for family ties with Jho Low, says Shahrol

20 May 2020

1MDB’s board of directors did not conduct a background check on non-executive director Tan Sri Ong Gim Huat as he was appointed by former premier Datuk Seri Najib Razak, the fund’s former CEO Datuk Shahrol Azral Ibrahim Halmi testified today. Tan Sri Larry Low Hock Peng, the father of fugitive financier Jho Low is Ong’s long-time business partner. Shahrol claimed that he did not know of the connection between Ong and Larry Low when he was sitting on the board, but added that Ong’s name was brought up by Jho Low himself.

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I was made ‘scapegoat’ for 1MDB woes, ex-CEO tells court

20 May 2020

Former 1Malaysia Development Berhad CEO Shahrol Azral Ibrahim Halmi, 49, said the Public Accounts Committee’s report made him the scapegoat of the firm’s financial scandal.he was made a “scapegoat” by the Public Accounts Committee (PAC) for the financial troubles faced by the sovereign wealth fund. The PAC’s 2016 report stated that Shahrol needed to take responsibility for “weaknesses and blunders” faced by 1MDB and suggested that further investigations against Shahrol and others in the 1MDB management team need to be carried out. Shahrol said 1MDB had provided information to the Economic Planning Unit (EPU), which submitted it to PAC. “My concern was that the 1MDB issue around the PSI (PetroSaudi International) investment has been in the news (would be used) as a political wedge against Datuk Seri Najib,” he said, adding that the PAC then consisted of some “very vocal critics” from the opposition camp.

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1MDB auditor says Ambrin ‘frustrated’ with unprecedented demands to censor audit report

14 January 2020

According to former audit director, Saadatul Nafisah Bashir Ahmad, the former Auditor-General Tan Sri Ambrin Buang was upset with requests and calls from high-ranking government and 1MDB officials to delete parts of the completed audit report on 1Malaysia Development Berhad (1MDB).

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PAC trial: 1MDB’s two different financial statements described as ‘dangerous’ evidence

13 January 2020

The High Court was told that the former chief secretary to the government had described the two differing financial statements from 1Malaysia Development Bhd (1MDB) as “dangerous evidence”. Retired audit director Saadatul Nafisah Bashir Ahmad, 65, testified that the department had the evidence of the two (differing) financial statements. Najib is accused of using his position to order amendments to the 1MDB final audit report before it was tabled to the PAC to avoid any action against him.

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PAC trial: Conflicting financial statements among issues removed from 1MDB audit report

19 November 2019

The prosecution witness, former chief secretary Tan Sri Ali Hamsa, said two conflicting versions of the 1Malaysia Development Bhd (1MDB) financial statements for the year 2014 were among the four issues removed from the 1MDB audit report the matter was raised during a meeting he chaired with representatives from relevant agencies on Feb 24,2016. The meeting was instructed by Najib to address his dissatisfaction in the 1MDB audit report by the National Audit Department (NAD). According to Ali, no minutes were recorded during the meeting and Arul Kanda denied various matters in the report, brushing them off as not factual. 

Tampering of the Final 1MDB Audit Report: Removal of: 

  1. Conflicting financial statement in 2014;
  2. The presence of fugitive financier Low Taek Ho at the 1MDB board of directors meeting relating to the Islamic Medium Term Notes (IMTN) investment;
  3. The agreement between Country Groups Securities Thailand and ACME Time Limited; and
  4. The delay in the issuance of IMTN bonds with Government guarantee.

 

Najib is accused of using his position in Putrajaya between Feb 22 and Feb 26,2016 to order amendments to the 1MDB final audit report before it was tabled to the PAC to avoid any action against him as urged by Arul Kanda.

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Shahrol met with PAC chairman after hearing to discuss report

1 October 2019

Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi told the High Court here today that he had meetings with former Public Accounts Committee (PAC) chairman Datuk Seri Hasan Ariffin after attending the PAC hearing in 2015, to be briefed about the contents of the PAC report that was to be tabled to the parliament.

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Shahrol told to leave the country to avoid PAC hearing

2 October 2019

Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court here that he had meetings with former Public Accounts Committee (PAC) chairman Datuk Seri Hasan Arifin after attending a PAC hearing in 2015 to be briefed on the contents of the report that was to be tabled in Parliament.

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1MDB director was not subject to a background check for family ties with Jho Low, says Shahrol

20 May 2020

1MDB’s board of directors did not conduct a background check on non-executive director Tan Sri Ong Gim Huat as he was appointed by former premier Datuk Seri Najib Razak, the fund’s former CEO Datuk Shahrol Azral Ibrahim Halmi testified today. Tan Sri Larry Low Hock Peng, the father of fugitive financier Jho Low is Ong’s long-time business partner. Shahrol claimed that he did not know of the connection between Ong and Larry Low when he was sitting on the board, but added that Ong’s name was brought up by Jho Low himself.

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I was made ‘scapegoat’ for 1MDB woes, ex-CEO tells court

20 May 2020

Former 1Malaysia Development Berhad CEO Shahrol Azral Ibrahim Halmi, 49, said the Public Accounts Committee’s report made him the scapegoat of the firm’s financial scandal.he was made a “scapegoat” by the Public Accounts Committee (PAC) for the financial troubles faced by the sovereign wealth fund. The PAC’s 2016 report stated that Shahrol needed to take responsibility for “weaknesses and blunders” faced by 1MDB and suggested that further investigations against Shahrol and others in the 1MDB management team need to be carried out. Shahrol said 1MDB had provided information to the Economic Planning Unit (EPU), which submitted it to PAC. “My concern was that the 1MDB issue around the PSI (PetroSaudi International) investment has been in the news (would be used) as a political wedge against Datuk Seri Najib,” he said, adding that the PAC then consisted of some “very vocal critics” from the opposition camp.

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1MDB-Tanore trial: Judge demands documentary proof of COVID-19 tests, quarantine after trial postponed again

12 March 2020

Justice Collin Lawrence Sequerah, who is presiding over 1Malaysia Development Sdn Bhd-Tanore (1MDB-Tanore) trial, is asking the defence team to submit two letters as evidence that they are required to self-quarantine over potential exposure to COVID-19. The trial was supposed to resume today since last November but postponed again as the whole defence counsel were instructed to self-quarantine after its lead defence counsel Tan Sri Muhammad Shafee Abdullah was in proximity with someone who is currently being tested for the virus.

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1MDB-Tanore trial: Shahrol to return to witness stand after four-month hiatus

12 March 2020

Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi will return as the ninth prosecution witness today in the 1MDB-Tanore trial against former prime minister Datuk Seri Najib Razak.

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Judge doesn’t want any more postponements as he fixes more dates for 1MDB-Tanore trial

8 January 2020

The judge for 1Malaysia Development Bhd (1MDB)-Tanore trial, Justice Collin Lawrence Sequerah said he will not accept any delays on the trial proceedings and he had the dates fixed Feb 18 and 21, March 2-6, 9-13, 19-20, 23-27, 30-31, the whole month of April, May 4, and the whole month of June until October since the case is moving too slow.

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Shahrol: Brazen Sky was set up to repatriate 1MDB funds to Malaysia

1 October 2019

Brazen Sky Ltd, a company incorporated in the British Virgin Islands (BVI), was set up by Low Taek Jho and his associates specifically as a transit to repatriate 1Malaysia Development Bhd (1MDB)  investments in PetroSaudi Oil Services Ltd (PSOSL) to Malaysia.

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1MDB loans needed Najib’s approval: Former CEO

1 October 2019

1Malaysia Development Bhd’s (1MDB) loans needed former prime minister Datuk Seri Najib Abdul Razak’s approval, ex-1MDB chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court here today. 

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Ex-1MDB CEO brought home over RM2.58m in salary, allowance in 2012

1 October 2019 

Datuk Shahrol Azral Ibrahim Halmi brought home more than RM2.58 million in salary and remunerations before taxes in 2012 while serving as the chief executive officer at 1Malaysia Development Bhd (1MDB). 

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Shahrol didn’t realise US$577m payment was made to ‘fake Aabar’

30 September 2019

Former 1Malaysia Development Bhd (1MDB) CEO Datuk Shahrol Azral Ibrahim Halmi told the High Court today he was not aware Aabar Investment PJS Ltd (Aabar BVI), the company which 1MDB paid US$576.94 million to as security deposit for a corporate guarantee, was not a subsidiary of International Petroleum International Corp (IPIC). 

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Shahrol says Jho Low gave him four cheques totalling US$100m from Arab princes for safekeeping

27 September 2019

Four cheques issued by members of the Arab royal family that were made out to Yayasan 1MDB, dated 2010 for US$25 million each but never cashed, were produced in the High Court here by the prosecution during Datuk Seri Najib Abdul Razak’s 1Malaysia Development Bhd (1MDB) trial yesterday. 

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Ex-1MDB CEO: ‘I sought Jho Low’s opinion on Ananda Krishnan’s power assets acquisition’

26 September 2019

Former 1MDB chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court today that he sought the opinion of Low Taek Jho on whether to take over T. Ananda Krishnan’s power asset, Tanjong Energy Holding Sdn Bhd, back in 2011.

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Jho Low, Najib faked meeting minutes to move US$750m from 1MDB to PSI

26 September 2019

In March 2011, Datuk Seri Najib Abdul Razak signed fabricated minutes of a meeting with 1DMB chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi that was drafted by Low Taek Jho, the High Court was told today.

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Shahrol: 1MDB was not audited by National Audit Department as evaluation a political risk to Najib

25 September 2019

Former Terengganu Investment Authority Bhd (TIA) and 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi said 1MDB was exempted from being audited by the National Audit Department, as it presented a political risk to former prime minister Datuk Seri Najib Razak.

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Shahrol: Don’t blame 1MDB directors for loss-making investments

25 September 2019

The first chief executive officer of sovereign wealth fund 1Malaysia Development Bhd (1MDB), Datuk Shahrol Azral Ibrahim Halmi, said its board of directors (BOD) should not be blamed for the fund’s loss-making investments. The witness said this was because all big decisions, including those pertaining to investments, required the approval of Datuk Seri Najib Abdul Razak — who was then the premier, Finance Minister and the chairman of the fund’s board of advisers. 

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1MDB-Tanore trial: Jho Low sponsored RM70,000 to speed up TIA’s bonds issuance

24 September 2019 

Former Terengganu Investment Authority (TIA) chief executive officer Datuk Shahrol Azral Ibrahim Halmi received RM70,000 from Low Taek Jho to speed up TIA’s issuance of RM5 billion bonds in 2009, the High Court was told today.

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1MDB-Tanore trial: Amhari: Najib paid me tens of thousands in cash for Abu Dhabi, China ‘secret missions’

20 September 2019

Datuk Amhari Efendi Nazaruddin told the High Court that he received “berpuluh ribu” (tens of thousands) in cash from former premier Datuk Seri Najib Abdul Razak after he embarked on “secret missions” to Abu Dhabi and China over 1Malaysia Development Bhd (1MDB) matters in 2016.  

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Jho Low bandied about big names like Jordan’s Queen Rania, U2’s Bono, former Disney CEO for TIA, foundation, says defence

18 September 2019

The defence in Datuk Seri Najib Razak’s 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial told the High Court here yesterday that fugitive financier Low Taek Jho had bandied about several big names as possible directors and trustees for the Terengganu Investment Authority (TIA) and its foundation. 

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Amhari admits getting US$200,000 loan from Jho Low

5 September 2019

Prosecution witness Datuk Amhari Effendi Nazaruddin admitted at the High Court today during the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial that he had in 2010, obtained a US$200,000 (about RM839,000) loan from Low Taek Jho to buy a RM1.85 million property in Kota Damansara, Selangor. 

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No one in PMO dared to ask Najib about his source of funds, says witness

4 September 2019

The High Court was told today that no one in the Prime Minister’s Office (PMO) dare to question Datuk Seri Najib Razak (pictured) regarding the source of funds received by him when he was the most powerful person in the country. 

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Amhari: Jho Low told me, Azlin to open BSI accounts to win Penang in GE13

4 September 2019

At least two overseas bank accounts were opened and managed by Low Taek Jho to place political funds on behalf of Datuk Seri Najib Razak to help Barisan Nasional win Penang in the 13th General Election (GE13), the High Court was told today.

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Jho Low was Najib’s unofficial adviser, says witness in 1MDB-Tanore trial

3 September 2019

Datuk Amhari Effendi Nazaruddin, the former special officer to Datuk Seri Najib Razak, told the court today that the former prime minister had frequently used fugitive businessman Low Taek Jho to give instructions to his special officers.

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Jho Low explained TIA to Najib’s aide by scribbling on a whiteboard in his kitchen

3 September 2019

Fugitive businessman Low Taek Jho explained the formation of Terengganu Investment Authority (TIA) to former premier Datuk Seri Najib Razak’s aide by scribbling on a whiteboard in his apartment kitchen.

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‘Duit 1MDB la bro!’ Najib’s late private secretary cried upon discovering 1MDB fund theft

3 September 2019

The late Datuk Azlin Alias, who was the lead person appointed by Datuk Seri Najib Razak to manage 1Malaysia Development Bhd (1MDB), was shocked to learn about the misappropriation of RM2.6 billion from the state-owned fund — possibly sometime before the end of February 2015 — which was previously dismissed as distortions by the opposition.

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‘Jho Low capable of pulling strings in govt, international banking entities’

3 September 2019

Fugitive businessman Low Taek Jho, who has been described as Datuk Seri Najib Razak’s close aide, was capable of influencing government bodies and international banks to conduct actions that fit his purpose. 

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Day 1 of 1MDB trial — 3 things you might have missed

29 August 2019

After months of delay, the former Prime Minister (PM) Datuk Seri Mohd Najib Razak’s 1Malaysia Development Bhd (1MDB) trial finally began yesterday after the conclusion of SRC International Sdn Bhd’s proceedings. The 1MDB trial is expected to be longer, more intense and complex as Najib is alleged to have received a total of RM2.08 billion.

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‘Jho Low was Najib’s alter ego, mirror image’

29 August 2019

A summary of Sri Ram’s opening statement on Najib’s 1MDB trial.

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Najib paid agency RM2m to strengthen Govt’s social media presence after poor 2008 elections results

29 August 2019

The smaller margin of victory by the Barisan Nasional coalition in the 2008 General Elections prompted former Prime Minister Datuk Seri Najib Razak to pay a digital communications agency RM2 million to strengthen his Government’s presence on social media. 

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Najib has made ‘unprecedented’ contributions to Chinese education, court told

29 August 2019

Former Prime Minister Datuk Seri Najib Razak has made ‘unprecedented’ contributions to Chinese education and was a tolerant leader when it came to racial and religious matters, the High Court was told today. 

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Najib’s grip over 1MDB tightened six months after becoming PM

29 August 2019 

Six months after Datuk Seri Najib Razak was appointed Prime Minister in 2009, a new article was added to Terengganu Investment Authority Bhd’s (TIA) articles of association to grant him significant control over the company, which eventually became 1Malaysia Development Bhd (1MDB).

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1MDB-Tanore trial: Jho Low was Najib’s alter ego and ‘mirror image’, says prosecution

28 August 2019

Former premier Datuk Seri Najib Razak played a pivotal role in amending the 1Malaysia Development Bhd (1MDB) articles of association in order to put him in the position of control of the company in a bid to enrich himself, said the prosecution in his 1MDB trial. 

C4’s note: Najib Razak, the mastermind behind the biggest theft in the world. Today marks the day Malaysians will get to see the full extent of Najib Razak’s involvement in the 1MDB scandal which has allegedly enriched him, his family and cronies. At the same time depriving the nation billions of Ringgits. Justice will be served and lessons will be learned. 

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Sri Ram’s opening statement at Najib’s 1MDB trial

28 August 2019

The opening statement by prosecutor Datuk Seri Gopal Sri Ram at Datuk Seri Najib Tun Razak’s 1MDB trial which begins today revealed how the money is channelled through different entities and into different individual’s accounts. 

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Letters to show Arab donations to Najib a ‘sham’, High Court told

28 August 2019

Datuk Seri Najib Razak and his ‘alter ego’ Low Taek Jho, aka Jho Low, produced ‘sham’ letters and cheques to falsely represent 1MDB monies that entered into his bank accounts as donations from an Arab prince, the High Court was told today.

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Shafee: Evidence does not point to the pathology of corruption

4 June 2020 

Tan Sri Muhammad Shafee Abdullah said the people wanted to know how RM42 million of SRC International Bhd money wound up in the personal accounts of a sitting prime minister without his knowledge. “By virtue of the position he held, there are a lot of prejudices drawn against him. The RM42 million went into his account…it went in three tranches. People want to know how this happened without his knowledge.” He said it just did not make sense for Najib to have the RM42 million banked into his personal accounts right in his backyard in Kuala Lumpur. “It does not jive with the pathology of corruption,” he said.

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Najib’s SRC Trial: PPB duped by Jho Low into siphoning funds to Najib

13 March 2020

The defence witness, Datuk Rosman Abdullah, managing director of PPB, told the court that the transfer of RM170 million to PPB from SRC in 2014 was orchestrated by Jho Low. He said he was instructed by Jho Low to transfer RM32 million to an AmPrivate Banking-1MY account, which he later learnt belonged to Najib. At the time, Rosman was executive chairman of PPB and did not own any shares in the company, which was under the control of Jho Low via UBG Bhd.

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Najib’s SRC trial ends, MACC officer is final witness

12 March 2020

The SRC International Sdn Bhd trial involving former prime minister Datuk Seri Najib Razak has concluded with the final witness Asst Comm Regjit Singh from the Malaysian Anti-Corruption Commission taking the stand. Justice Nazlan fixed a four-day oral submission on May 12,13,15 and 18, and ordered parties to file in their written submissions by April 21 and their replies by May 5.

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SRC Trial: Ex-MACC chief confirms Najib asked AGC for bank statements after SRC, RM2.6b donation case closed in 2016

10 March 2020

Former Malaysian Anti-Corruption Commission (MACC) chief Tan Sri Dzulkifli Ahmad who was then a deputy public prosecutor under the Attorney General Chambers, confirmed Najib’s aide Tan Sri Shukry Mohd Salleh had contacted him on February 26, 2016 to relay Najib’s request for his bank statements. This was a month after then Attorney General Tan Sri Mohamed Apandi Ali announced the closure of the RM2.6 billion donation and SRC International Sdn Bhd cases in 2016.

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Najib SRC trial: Aussie handwriting expert’s report ready by Feb 26 – Shafee

13 February 2020

Lead defence counsel Muhammad Shafee Abdullah said that an Australian handwriting expert’s report on Najib Abdul Razak’s signatures on key SRC International documents will be ready latest by Feb 26. Former foreign minister Anifah Aman is the sixth witness for cross-examination said that Najib confirmed with Jamil Khir Baharom whether the late Saudi King Abdullah Abdul Aziz al-Saud will want to channel the money to Najib’s personal account in which Jamil confirmed as yes because the late King didn’t want to disburse the contribution vaguely. Anifah also said that the donation was made to strengthen his position in the 13th General Election. Anifah said he did not raise this in the Cabinet because it was a political donation and the offer was given between January 13th-16th, a differing statement from the last two witnesses who said it was during an informal meeting on January 11th at Riyadh. Najib also allegedly refused the gift of stallions offered by the King as he doesn’t ride horses. 

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Saudi donation went into Najib’s accounts ‘to avoid complications’

11 February 2020

Former Islamic affairs minister Jamil Khir Baharom witnessed the meeting between the late Saudi ruler King Abdullah Abdul Aziz Al-Saud and Najib on January 11, 2010. He said that he was made to understand the donation is channelled to Najib’s personal account to ease the process and avoid complicating the way the fund is spent. The late King wanted Najib to maintain the “moderate” governance of Malaysia and to deter the Shia influence and religious extremism in Malaysia. During cross-examination, led by ad hoc prosecutor V. Sithambaram, Jamil disagreed with the suggestions that he was lying. 

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I was told Saudi’s King Abdullah offered monetary aid to Najib during informal Jan 2010 meeting, former ambassador testifies

10 February 2020

An informal meeting took place in Riyadh, Saudi Arabia where the late Saudi ruler King Abdullah Abdul Aziz Al-Saud offered monetary assistance to Datuk Seri Najib Razak in January 2010 testified a former Malaysian ambassador to Saudi Arabia, Datuk Syed Omar Al Saggaf. Al Saggaf who acted as an interpreter between the two head of states added that he observed King Abdullah, Najib and Jamil Khir distance themselves from the meeting hall and walk towards the middle of the hall before a zestful discussion. Later, he found out that the King had offered monetary assistance to Najib for the pending general election. Also in attendance were former foreign minister, Datuk Seri Anifah Aman and former minister in the Prime Minister’s Department for Islamic Affairs, Datuk Seri Jamil Khir Baharom.

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King Abdullah offered Najib money to fund GE13, says witness

10 February 2020

Syed Omar Syed Mohamad Al-Saggaf, the former Malaysian ambassador to Saudi Arabia testified in court today that the late Saudi ruler King Abdullah Abdul Aziz Al-Saud had given financial assistance to Najib Razak to fund the 13th General Election in 2010. Al-Saggaf stated that Najib told him about the financial assistance and he had not heard it directly from the conversation the two had. The offer of help was given to ensure that the same government continued to administrate Malaysia. King Abdullah was worried the effect of the Arab Spring would spillover into Southeast Asia.

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Day 75: Court allows defence 20-minute break to prepare final questions

4 February 2020

Former prime minister Najib Abdul Razak faces seven charges in the SRC RM 42 million case. As of this afternoon, the lead defence counsel Muhammad Shafee Abdullah brought the re-examination of Najib to a conclusion. Najib had been testifying since Dec 3 2019. Krystle Yap, the next defence witness will testify after. Najib testified that he wasn’t informed the exact amount of the donation given by the Saudi royal family but letters were sent to him and he accepted it to free his dependence from corporate donors for the 13th General Election. Najib also said that Jho Low who is closer to the Saudi’s rather than Malaysians had a special relationship with the Saudis and some royal families in that region eases bilateral relations between the countries. He admitted he carried out a transaction of US$130,625 for a Chanel watch in 2014 but denied any communications between him and Low about a blocked credit card transaction. He took a religious oath to show that he was not aware that RM 42 million is banked into his account and Low baited him with the amount to cover up Low’s other activities. 

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Ex-Ambank banker’s bid to strike out Najib’s suit set for April 15

4 February 2020

Najib Abdul Razak sued Joanna Yu, the former AmBank relationship manager and the bank over the alleged mishandling of his bank accounts. Yu applied to strike out his suit will be heard in the Kuala Lumpur High Court on April 14. If the first and second defendants, namely AmBank Holdings Bhd and AmBank Islamic Bank Bhd need to file strikeouts against Najib’s suit by March 2.

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Najib allegedly issued a cheque to fund news portal run by Hishammuddin’s nephew

23 January 2020

Datuk Seri Najib Razak had allegedlly issued cheques to property tycoon Tan Sri Lim Soon Peng and Vital Spire Sdn Bhd from his SRC International Sdn Bhd fuelled bank account. The prosecutor alleged that the cheque issued to Vital Spire was for the operation of a political news portal. However, Najib, disagreed with the allegation and said that Vital Spire dealt with medicine to treat leukaemia. Last year, Datuk Onn Hafiz Ghazi, a shareholder of Vital Spire, disclosed in his witness statement that Vital Spire received RM 240,000 worth of cheque from Najib in 2015 to run malaysiandigest.com, a news portal. Onn Hafiz, 41, is a nephew of the former Umno vice-president Datuk Seri Hishammuddin Hussein and great-grandson of the Umno founder, Datuk Onn Jaafar. Tan Sri Lim who is the managing director of Titijaya Land Bhd, political party United Progressive People of Kinabalu Organisation (UPKO) and political intelligence services allegedly had been given funds by Najib through the same account.

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SRC trial: High Court rejects prosecution’s bid to impeach Najib for conflicting statements

6 January 2020

The High Court’s Judge Mohd Nazlan Mohd Ghazali ruled that there were no material contradictions given by Datuk Seri Najib Razak thus ruled out the application of impeachment after going through the witness statements. 

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Difficult to believe Putrajaya will guarantee my safety, says Jho Low

6 January 2020

Fugitive Low Taek Jho repeated his apprehension of whether the Malaysian government will be giving him a fair trial in contradiction to the US authorities. When asked why he’d remain in hiding and refused to repatriate for trial, he said he is not comforted with the threats and speculation of sending him to Malaysia.

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Jho Low’s legal team in talks with the US on 1MDB-linked case

6 January 2020

The legal team of Low Taek Jho, the fugitive businessman has a “constructive and open dialogue” with the Department of Justice (DoJ) on the 1Malaysia Development Berhad (1MDB) case. In an email interview, Low said that he cannot comment on the US proceedings but his legal team will be having discussions with the DoJ where the rule of law is respected and one is considered innocent until proven guilty. Low is facing charges in the eastern district of New York for conspiring to launder billions of dollars embezzled from 1MDB and for scheming to violate the Foreign Corrupt Practices Act. 

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SRC trial: Prosecution seeks to impeach former PM for making conflicting statements

6 January 2020

Ad hoc prosecutor Datuk V. Sithambaram at the SRC International trial of Datuk Seri Najib Razak invoked impeachment against Najib for giving incongruous evidence testimonies to MACC and in court with regards to SRC International shareholders’ resolutions in three meeting minutes and a letter of instruction to AmBank. Najib himself agreed there was a contradiction. Najib has been called to enter his defence to answer seven charges related to SRC International Sdn Bhd where three are for criminal breach of trust over a total RM42 million of SRC International funds.

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Najib’s SRC Trial: Micromanaging inconsistencies

26 December 2019

Subsequent cross-examination by Attorney-General Tan Sri Tommy Thomas suggested the dealings in SRC International Sdn Bhd was micromanaged by former prime minister Datuk Seri Najib Razak, contrary to his defence in the High Court last week. Instead, the blame was placed on SRC CEO Nik Faisal Ariff Kamil for manipulating him and the board of directors. Nik Faisal left Malaysia before the 14th general election last year.

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Najib’s defence in SRC International case to proceed on Dec 3 as scheduled

15 November 2019

Datuk Seri Najib Razak will enter his defence on Dec 3 on seven charges involving RM42 million allegedly siphoned out from SRC International Sdn Bhd as his application to postpone the trial has been dismissed by the High Court. Judge Mohd Nazlan Mohd Ghazali said the former prime minister and his defence team have been given ample time to prepare the defence. In the same proceedings, the judge also dismissed the former prime minister’s application to obtain a list of witnesses that the prosecution had not offered to the defence but who had their statements recorded as ‘fishing expedition’. These will remain privileged because of public policy considerations and the risk of witness tampering. He is facing seven charges of criminal breach of trust, abuse of power and money-laundering involving RM42 million of SRC International funds. The Pekan MP is charged with committing the offences between Aug 17, 2011, and Feb 10, 2015. He faces 20 years’ jail and fine for the offences if convicted.

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Court orders Najib to enter defence over RM42mil SRC case (updated)

11 November 2019

Former prime minister Datuk Seri Najib Razak has been ordered by the High Court to enter his defence for seven charges in the SRC International trial involving the misappropriation of RM42mil in SRC funds. High Court judge Justice Mohd Nazlan Mohd Ghazali made the order after ruling that the prosecution had proven a prima facie case against the Pekan MP. There is “credible evidence proving each and every essential ingredient of the offences of abuse of position for gratification, criminal breach of trust and money laundering … from the time SRC was established to the approval of the loan applications by SRC from the Retirement Fund Inc (KWAP) – which were guaranteed by the Government, until the RM42mil which was the property of SRC, was deposited into the accused’s bank accounts,” said the judge.

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Jho Low: US to recover $700m from 1MDB financier 

31 October 2019

Jho Low the fugitive financier for the 1MDB corruption scandal allegedly misappropriated funds from 1MDB to buy high-end real estate in Beverly Hills, New York and London, as well as a luxury boutique hotel in Beverly Hills. He is also accused of laundering money, along with his family, through financial institutions in the US, Switzerland, Singapore and Luxembourg. The US has struck a deal with fugitive financier Jho Low to recover $700m (£541.6m) in assets tied to the multi-billion dollar 1MDB corruption scandal.

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Najib asked aide, Jho Low to cut rail and pipeline deals with China to bail out 1MDB, SRC

4 September 2019

Former prime minister Datuk Seri Najib Razak (pictured) had told his special officer and fugitive financier Low Taek Jho, aka Jho Low, to cut infrastructure deals involving rail and gas pipelines with China’s state-owned enterprises to bail 1Malaysia Development Bhd (1MDB) out of its mounting debts, said a key witness in the 1MDB-Tanore trial today.

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SRC International trial concludes

28 August 2019

After 58 days of hearing at the High Court, the SRC International trial involving Datuk Seri Najib Razak being accused of misappropriating RM42mil of its funds has concluded. Proceedings were swift with only two postponements when the former prime minister contracted conjunctivitis and when his lawyer Harvinderjit Singh fell sick. 

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SRC trial: High Court sets Nov 11 to deliver a decision on Najib

27 August 2019 

The High Court will deliver its decision on whether Datuk Seri Najib Razak needs to enter his defence for the SRC International Sdn Bhd case on Nov 11. Justice Mohd Nazlan Mohd Ghazali set the date on Tuesday (Aug 27), after Attorney-General Tommy Thomas formally closed the prosecution’s case against the former prime minister.

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SRC trial: High Court sets Nov 11 to deliver a decision on Najib

23 August 2019

It was Datuk Seri Najib Razak who was responsible for the misappropriation of money from SRC International Sdn Bhd and not fugitive businessman Low Taek Jho, the High Court heard. Investigating officer Rosli Husain from the Malaysian Anti-Corruption Commission (MACC) repeatedly said Low, known as Jho Low, “had no interest in the case” during his cross-examination here yesterday. 

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SRC trial: MACC witness denies Jho Low used money in Najib’s personal accounts

23 August 2019

It was Datuk Seri Najib Razak who was responsible for the misappropriation of money from SRC International Sdn Bhd and not fugitive businessman Low Taek Jho, the High Court heard. Investigating officer Rosli Husain from the Malaysian Anti-Corruption Commission (MACC) repeatedly said Low, known as Jho Low, “had no interest in the case” during his cross-examination here yesterday.

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SRC trial: Company chief wanted safe space to talk

22 August 2019

Former SRC International Sdn Bhd director Datuk Suboh Md Yassin had requested for a secured accommodation from the Malaysian Anti-Corruption Commission (MACC) in order for him to give his statement last year, the High Court heard. Investigating officer Rosli Husain from the MACC recorded Suboh’s statement on May 28, 2018, at the Pullman Hotel in Putrajaya a day after he arrived from Indonesia.

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MACC never interrogated Rewcastle-Brown, court told

20 August 2019

The Malaysian Anti-Corruption Commission (MACC) never interrogated Sarawak Report editor Claire Rewcastle-Brown over an article published in 2015. The High Court here heard this when investigating officer Rosli Husain testified that he never met or conducted an investigation on Rewcastle-Brown over an article titled “Najib Razak’s Personal Accounts Linked To 1MDB Money Trail Malaysia Exclusive”.

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Five witnesses in Najib’s SRC trial have since passed away, says witness

9 August 2019

The High Court here was told that five witnesses in the corruption case involving SRC International Sdn Bhd have since passed away. Investigating officer Rosli Hussain, of the Malaysian Anti-Corruption Commission (MACC), said this during examination-in-chief at the corruption trial of Datuk Seri Najib Razak here on Friday.

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Original minutes of meetings for 2013 unavailable because ex-SRC CEO fled, court told

9 August 2019

A Malaysian Anti-Corruption Commission (MACC) senior assistant commissioner told the High Court here that he failed to get the original minutes of meetings of SRC International Sdn Bhd (SRC) for 2013 because its former chief executive officer Nik Faisal Ariff had fled overseas. Rosli Husain, 54, from the MACC’s Special Operations Division, said this during the examination-in-chief by deputy public prosecutor Datuk Ishak Mohd Yusoff on the 51st day of the trial of former prime minister Datuk Seri Najib Razak over the alleged misappropriation of RM42mil in SRC funds.

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Husni met Najib 20 times to express concern over country’s administration, court told

8 August 2019

Former Finance Minister II Datuk Seri Ahmad Husni Hanadzlah told the High Court here Thursday (Aug 8) that he personally met with Datuk Seri Najib Razak more than 20 times to voice his concern over the country’s administration. This includes the RM4bil loan by SRC International Sdn Bhd (SRC) from the Retirement Fund Incorporated (KWAP).

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Husni: I lied to the media about my resignation

8 August 2019 

Former second finance minister Datuk Seri Ahmad Husni Hanadzlah said he lied when he told the press that his resignation in 2016 was not because of the 1Malaysia Development Bhd scandal. The 67-year-old said he did not tell the truth, because he wanted to cover for Datuk Seri Najib Razak, who was the prime minister then.

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Najib told second finance minister to not interfere with 1MDB’s investment plans

6 August 2019 

Former prime minister Datuk Seri Najib Razak allegedly told Datuk Seri Ahmad Husni Hanadzlah not to interfere when the latter advised him against 1Malaysia Development Bhd’s (1MDB) planned investments in oil and gas, the High Court heard on Tuesday (Aug 6). Ahmad Husni, 67, who was the second finance minister between 2009 and 2016, said he found out that 1MDB wanted to invest in oil services and production company PetroSaudi International Ltd in 2009. Najib is accused of misappropriating RM42mil in SRC International funds.

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SRC trial: Najib referred to as Optimus Prime, says ex-Ambank relationship manager

6 August 2019

“PM” was not the only way to refer to former prime minister Datuk Seri Najib Razak, as he was also referred to as Optimus Prime. The High Court heard that fugitive businessman Low Taek Jho, or Jho Low had referred to Najib as Optimus Prime in his Blackberry Messenger chats with former Ambank relationship manager Joanna Yu. 

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Bank manager didn’t suspect anything amiss while dealing with Jho Low

6 August 2019

Datuk Seri Najib Razak’s former relationship manager did not suspect anything amiss during her dealings with fugitive businessman Low Taek Jho regarding the bank accounts of the former premier until 2014, the High Court heard. Joanna Yu, 48, formerly attached to AmBank, agreed with suggestions by Najib’s lawyer Harvinderjit Singh during cross-examination here yesterday that she would have been reluctant to deal with Low, also known as Jho Low, had she realised there were red flags.

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Jho Low tried to deceive bank manager, court told

2 August 2019

Fugitive businessman Low Taek Jho had tried to deceive a former bank relationship manager that RM27mil going into Datuk Seri Najib Razak’s bank account was a donation and not from SRC International Sdn Bhd, the High Court was told. Joanna Yu, who was attached to AmBank, agreed to suggestions by Najib’s lawyer Harvinderjit Singh that Low, or Jho Low, tried to deceive her. 

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Duo ignored warnings, court told

1 August 2019 

The High Court heard that fugitive businessman Low Taek Jho and former SRC International Sdn Bhd CEO Nik Faisal Ariff Kamil ignored warnings about numerous cash deposits into AmBank accounts that belonged to Datuk Seri Najib Razak between 2014 and 2015. Joanna Yu, who was a former AmBank Bhd relationship manager, said she had cautioned Low, better known as Jho Low, and Nik Faisal, who was the mandate holder for Najib’s accounts, against receiving large cash deposits over the counter because it could raise money-laundering concerns.

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Najib admitted RM42mil from SRC entered his accounts, court told

29 July 2019

A lawyer told the High Court here that Datuk Seri Najib Razak, in a defamation suit against former transport minister Tun Dr Ling Liong Sik admitted that RM42mil from SRC International Sdn Bhd went into his personal bank accounts. Ranjit Singh, who had acted for Dr Ling in that suit, said the former premier made the admission in an affidavit in response to his client’s statement of defence.

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Ambank manager told to delete logs

26 July 2019 

Fugitive businessman Low Taek Jho, better known as Jho Low, had asked former AmBank Bhd relationship manager Joanna Yu to delete the chat logs between them, the High Court heard yesterday. Speaking as a witness at the corruption and money laundering trial of former premier Datuk Seri Najib Razak, Yu confirmed that Low had asked her to clear her BBM (BlackBerry Messenger) chat logs.

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Jho Low insisted Najib’s bank statements not be sent to PM’s residence

25 July 2019

The High Court heard that fugitive businessman Low Taek Jho, better known as Jho Low, insisted that the bank statements of Datuk Seri Najib Razak should not be sent to the former prime minister’s residence on Jalan Duta. Joanna Yu, a former relationship manager at AmBank Bhd, confirmed that Low said this in an e-mail exchange between them.

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Najib allegedly received funds as ‘gifts’

23 July 2019

The High Court here was told that Datuk Seri Najib Razak received ‘gifts’ through fund transfers from overseas into his bank current accounts. Joanna Yu, 48, who was a former relationship manager at AmBank Bhd, said the former prime minister’s three current accounts had a high volume of transactions between 2011 and 2015.

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Jho Low relayed messages purportedly from Najib to AmInvestment Bank

22 July 2019

The High Court heard today (Mon, July 22) that fugitive businessman Low Taek Jho had on occasions relayed messages, purportedly from Datuk Seri Najib Razak, to the relationship manager at AmInvestment Bank Bhd, who was handling the former prime minister’s accounts. Joanna Yu Ging Ping, who was testifying at the 41st day of Najib’s SRC International trial, said Low – better known as Jho Low – also sometimes acted as a contact person between her and former SRC International chief executive office Nik Faisal Ariff Kamil. 

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YR1M witness: 1MDB was a funder

17 July 2019

The former CEO of Yayasan Rakyat 1Malaysia (YR1M) Ung Su Ling told the High Court here that 1MDB, Petronas and Genting Group were the funders of YR1M, which was set up in January 2013. Ung, 51, the 49th prosecution witness, said this when cross-examined by Datuk Seri Najib Razak’s counsel Tan Sri Muhammad Shafee Abdullah on the 38th day of the former prime minister’s trial in relation to the misappropriation of RM42mil of SRC International Sdn Bhd’s funds. 

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Najib’s credit cards were used to spend RM3.3mil in one day, witness tells court

15 July 2019

Two credit cards belonging to Datuk Seri Najib Razak were used to spend RM3.3mil in one day at De Grisogono, a Swiss luxury jeweller, in Italy in 2014, the High Court heard. This was revealed by senior vice-president of Ambank in charge of credit card authorisation and fraud management Yeoh Eng Leong on the 37th day of the former premier’s trial in relation to the misappropriation of RM42mil of SRC International Sdn Bhd’s funds. 

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Witness recalls ‘top-down’ process for transfer of SRC ownership

10 July 2019

The procedure to transfer the ownership of SRC International Sdn Bhd from 1Malaysia Development Bhd to the Minister of Finance Inc (MoF Inc) was a “top-down” process. The application was sent directly to the prime minister for approval without going through the lower levels, the High Court heard. 

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Former SRC director tells court he was unaware of ‘secret’ company bank account

3 July 2019

Former SRC International Sdn Bhd director Datuk Suboh Md Yassin had no knowledge of the company’s “secret” bank account that received a RM2bil loan from the Retirement Fund Incorporated (KWAP) in 2011, the High Court heard. The 42nd prosecution witness made this admission on Wednesday (July 3) during a cross-examination by defence counsel Harvinderjit Singh at the corruption trial of Datuk Seri Najib Razak, who is accused of misappropriating RM42mil in SRC International funds.

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‘I signed papers while on the run’

2 July 2019 

Datuk Suboh Md Yassin, 68, who is a former SRC International director, said he did so after he was instructed by former CEO Nik Faisal Ariff Kamil.“Nik Faisal contacted me and informed me that there was unfinished business regarding CSR,” he said yesterday. 

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Najib’s team get papers linked to charges of money laundering

22 June 2019

The prosecution in former prime minister Datuk Seri Najib Razak’s trial of three money-laundering charges involving RM27mil of SRC International Sdn Bhd funds has served 26 documents containing more than 200 pages related to the trial to the defence team. Deputy Public Prosecutor Budiman Lutfi Mohamed told the High Court during Najib’s case management that they had given the trial-related documents to Najib’s legal team yesterday. 

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SRC trial: Former SRC director tells of fleeing country in fear 

20 June 2019 

A witness in the SRC International trial told the High Court here he ran to Bangkok in fear in 2015 over the scandal that had befallen the subsidiary of 1Malaysia Development Bhd (1MDB). Retiree Datuk Suboh Md Yassin, 68, a former director of the SRC, said he initially contacted the Malaysian Anti-Corruption Commission (MACC) to explain the situation in SRC which the commission was investigating.

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Federal Govt paying SRC loan until 2022

20 June 2019

The High Court was told that the Federal Government has to bear a RM4.15bil balance on the principal loan and interest as of May this year from the RM4bil loan taken by SRC International Sdn Bhd in 2012. To this day, the government is still servicing SRC’s RM4bil loan from the Retirement Fund Inc (KWAP) due to the company’s failure to pay its debt, a witness said.

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Najib did not declare interests in SRC before chairing Cabinet meeting on company, court told

18 June 2019

Datuk Seri Najib Razak did not declare his interests in SRC International Sdn Bhd despite chairing a Cabinet meeting that discussed a memorandum relating to a RM2bil in government guarantee for the company. The High Court heard this on Tuesday (June 18) when former Cabinet deputy secretary-general Tan Sri Mazidah Abdul Majid testified in the SRC International case. 

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SRC trial: Witness insists the word ‘govt’ refers to Najib

17 June 2019

A witness and Datuk Seri Najib Razak’s defence team clashed over the word “government” the during the latter’s corruption trial involving RM42mil of SRC International Sdn Bhd. Former SRC board chairman Tan Sri Ismee Ismail, 54, insisted that in his state of mind, the word “government” in his written statement referred to the former prime minister. 

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SRC board ex-chairman: Jho Low was close to many top company execs

17 June 2019

On 17 June 2017, the court was informed that a number of the senior executives at SRC International were closely associated with the fugitive businessman, Jho Low by Tan Sri Ismee Ismail. He further confirmed that Suboh Mohd Yassin, the director at SRC International might have been complicit with Nik Faisal, SRC International CEO, in not informing the board about RM140 million investment into a mining venture in South America. 

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Najib had full control over SRC, says witness

11 June 2019

Tan Sri Ismee Ismail testified at the high court on 11 June 2019 that Najib Razak had full control over the administration of SRC International, based on the Article of Association of the company. 

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Entire SRC board went to Switzerland

11 June 2019

Tan Sri Ismee Ismail, former SRC International board chairman, testified on 11 June 2019 at the high court that the board of directors of SRC went to the BSI Bank (now known as EFG International) in Switzerland in September 2013. The trip to get assurance from the senior management of BSI that their money is kept safe. He also said that SRC International CEO Nik Faisal Ariff Kamil was the sole link between the company and Najib. He also testified that he questions the company governance, Nik Faisal often replies that the matter raised has been discussed and agreed by the “government”. Ismee in his opinion, whenever Nik Faisal refers to “the government” he was actually referring to “Najib Razak’. Ismee resigned from the board after disagreeing on how SRC International was running its finances and accounts. He tendered his resignation on 6 May 2014 and officially left on 15 August 2014. Ismee said. ”The management had wanted the board to sign a resolution to approve an audited account for 2013. But we discovered that the account we approved was not audited yet. I found out about it in the press”. Feeling responsible, Ismee said he made sure that the account was closed and resigned after that.

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Najib ‘shocked and upset’ money transferred into his account, says witness

29 May 2019

Ihsan Perdana managing director Dr Shamsul Anwar Sulaiman testified on 29 May 2019 at the high court that Najib looked “shocked and upset” that someone transferred money into his personal bank account. Shamsul testified that this incident happened at Najib’s personal residence at Langgak Duta. Najib made no instructions to Shamsul to report to the police or the MACC on the money in his bank account. Shamsul recalled that the incident happened when he visited Najib’s house after he was remanded by the MACC in 2015.

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SRC trial: Najib’s alleged instruction to KWAP to approve loan not in minutes

14 May 2019

Azlina Mazni Arshad, who was KWAP’s Legal and Secretarial Department Vice-president admitted to Najib’s defence counsel that the instruction by Najib to instruct KWAP to approve the RM 2 billion to SRC International was not recorded in the KWAP Investment Panel meeting minutes at the high court on 14 May 2019. She also admitted that KWAP could have rejected the loan application based on the ability of the applicant to pay back their loans. 

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RM42mil transferred to Najib’s two bank accounts, court told

8 May 2019

Amirul Imran testified on 8 May 2019 at the high court that SRC International’s proposal on its future investment is only good on paper. He further elaborated that two directors from SRC International were actually not confident about the success of their proposal and avoided talking about the RM 2 billion KWAP loan. 

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1MDB: US to return $200m in funds to Malaysia as part of probe

7 May 2019 

US authorities have transferred $57m for the misappropriation of 1MDB funds. It will send another $139m linked to the sale of a Manhattan property back to Malaysian soon. In total, the US is to return close to $200m (£152.4m) to Malaysia in funds recovered from asset seizures tied to scandal-hit state fund 1MDB. US authorities have so far transferred $57m tied to a Hollywood firm accused of using 1MDB funds to finance films.

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RM42mil transferred to Najib’s two bank accounts, court told

6 May 2019

Noorhayati Mohd Yunus, the branch manager of Affin Bank at The Curve testified at the high court on 6 May 2019, that RM 42 million was transferred from the Ihsan Perdana Sdn Bhd bank account to two personal accounts belonging to Najib Razak between the period of 1 January 2014 and 31 December 2015. When examined by Najib’s counsel, Noorhayati was not able to determine the source of the SRC International money. 

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Najib signed guarantee letter for RM2bil loan to SRC, court told

6 May 2019

Amirul Imran Ahmet testified that Najib Razak signed a government letter of guarantee (LOG) for SRC International Sdn Bhd on a RM2bil financing from Retirement Fund Incorporated (KWAP) for a period of 10 years at the high court on 6 May 2019. Amirul said this was highly unusual that people who borrow money receive it in advance before receiving a LOG. Amirul further testified that the additional RM2bil was intended only for investment in natural resources and working capital and not for general investment.

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‘1MDB failed to secure RM3bil to set up SRC’

3 May 2019 

The high court heard on 3 May 2019 that RM20 millions in state funds were given to launch SRC International. This was done after 1MDB failed to secure a RM 3 billion grant from the Economic Planning Unit (EPU) in 2010. Dr Kamariah Noruddin, the former Deputy Director-General of EPU testified that received an application letter for the grant on 27 August 2010. She said the application was difficult to process as “it was out of the ordinary”. “It was an application by 1MDB to the (then) finance minister and prime minister (Najib), which was then forwarded to the EPU,” she said.

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Govt paid Najib RM1mil in special golden handshake

2 May 2019

Najib Razak was given a RM 1.07 million golden handshake payment by the Government in accordance with in accordance with Section 21(1) of the Members of Parliament (Remuneration) Act 1980, whereby a former prime minister is entitled to allowances and privileges that may be determined by the Cabinet from time to time. This information was provided by Zarina Yusuf, the deputy chief accountant at the Prime Minister’s Department, when she testified in high court on 2 May 2019. She also testified that Najib’s last salary was RM22,825.65 a month and his gross income before May 2018 was RM58,605.15 a month. Najib received a pro-rated salary of RM6,627.09 when he lost GE14 in May 2018.

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Najib approved SRC’s RM3.95bil loan application to KWAP, court told

2 May 2019 

On the 12th day of SRC International Trial, KWAP’s former assistant vice-president (Fixed Income Department) Amirul Imran Ahmat told the court that Najib Razak approved a loan application from KWAP to SRC International amounting to RM 3.5  billion when referring to a letter, dated June 3, 2011, and addressed to the KWAP chief executive office. When asked by the deputy public prosecutor, Mohd Ishak Yusoff, if KWAP was allowed to issue such large sums as a loan; Amirul said that KWAP was allowed to give loans to the federal government or any state government, or authorities which the federal government.

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SRC got RM4bil from KWAP

1 May 2019

AmBank manager, Wedani Senen, testified on 1 May 2019, that a total of RM4 billion from the Kumpulan Wang Persaraan (KWAP)  was banked into SRC International bank account. The court also heard from Habibul Rahmah Kadir Shah was paid via check RM2.5 million. The money was used for political intelligence and establish goodwill amongst political fraternity. Najib’s council, Shafee Abdullah asked Habibul if thinks the money received was a political donation from someone. Habibul, a long time UMNO member, said yes and he believed that all party presidents hold political funds in person. 

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SRC trial: Events firm owner received RM1mil from Najib for 1Malaysia programmes

30 April 2019

Datuk Lew Choon Lai testified at the high court on 30 April 2019 that his company Solar Shine Sdn Bhd received RM 1 million check in 2015. The money was payment for Lew to use in his charitable work helping Chinese and Indian communities and as well promoting the 1Malaysia program nationwide. Lew also said that his company coordinated with Barisan Nasional component parties for entertainment and gifts for the guests who attended his dinner events. 

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Najib’s SRC trial: Subsidiary company’s account flagged as high risk, court told

29 April 2019

The bank account belonging to Gandingan Mentari Sdn Bhd was flagged by AmBank as a high risk said R. Uma Devi. Once flagged, the account will receive monthly monitoring from the compliance department. 

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Some of RM1.9bil credited into Najib’s account a donation from Saudi Arabia, court told

29 April 2019

On Monday, 29 April 2019, R. Uma Devi, testified that a total of RM1.9 billion was credited to one of Najib Razak’s bank accounts between 2011 and 2013.  She confirmed when asked by Najib’s council that some of the money originated from “Prince Faisal al Turki”.

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Another RM14.5mil in Najib’s name

26 April 2019

Uma Devi, AmBank branch manager testified that around RM14.5 million was credited into a bank account belonging to Najib Razak and millions more were circulated in his other AmBank accounts. R. Uma Devi at the high court also testified that she received four mandate letters given to the CEO of SRC International Sdn Bhd, Nik Faisal by Najib. The letters would allow the CEO to manage three of Najib’s bank account. 

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Najib’s SRC trial: Ihsan Perdana received RM50mil from Gandingan Mentari

24 April 2019 

Affin Bank officer, Rosaiah Mohammed Rosli, said that a total of RM50mil was credited into the bank account of Ihsan Perdana Sdn Bhd, the corporate social responsibility (CSR) unit of SRC International Sdn Bhd on 24 December 2015 from another 1MDB subsidiary, Gandingan Mentari.

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Najib’s SRC trial: Former PM paid RM240k for Malaysian Digest expenses, court told

23 April 2019 

The defunct news portal “Malaysian Digest” was funded by Najib Razak. He issued a check for RM240,000 to Vital Spire Sdn Bhd to run the operations of the news portal.  In the proceedings, the owner of the company, Onn Hafiz is a distant relative of the former PM and nephew of Datuk Seri Hisammuddin Hussein. During cross examination by the DPP Muhammad Saifuddin on the purpose of the news portal, Onn said that it was established to provide balanced news for the general public including to combat fake news.

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Najib’s SRC trial: Consulting firm paid RM300k to monitor Chinese media

23 April 2019 

The Center for Strategic Engagement (Cense) Sdn Bhd director Rita Sim testify in court on 23 April 2019, that she was paid RM300,000 to do monitor the Chinese press for the late Jamaluddin Jarjis who would then report the finds to the Prime Minister’s Office. 

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Najib’s SRC trial: Umno division chief on why cheque was issued to him personally instead of division

22 April 2019 

Padang Serai UMNO Division Chief, Datuk Asmadi Abu Talib, received a cheque for RM50,000 from Najib Razak to avoid triggering an audit. He said the UMNO leadership was aware that the money was banked into his personal account. Asmadi said the money was later used for community activities events organised by the division and was allocated to requests made by schools and NGOs.

C4 – The casual admission by Asmadi that the stolen 1MDB money was channelled to his personal account to avoid an audit or “problems” suggests that off book activities funded by “phantom” money are more of the norm in UMNO. This suggests off balance book financing in UMNO is rampant and unfortunately facilitate corruption and graft.

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Najib SRC trial: Cheques paid for home renovations

19 April 2019

Najib paid RM150,000 to renovate his personal home in Jalan Langgak Duta, revealed an interior designer on 19 April.

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‘Abu Dhabi firm put US$15mil into SRC account’

17 April 2019

A bank negara official confirmed that USD 15 million was deposited into SRC International Sdn Bhd bank account by Aabar Investment PJS (Ltd). 

C4  – The revelation of Abu Dhabi based company Aabar Investment PJS (Ltd) deposited USD15 million into the bank account belonging to SRC International, suggest one sophisticated pathways that, Najib and his compatriots had layered the financial transaction from 1MDB coffers to Malaysia. Layering, is a stage in the process of money laundering, where multiple wire transfers are used to conceal the source of the money.   

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Najib’s SRC trial: ‘It’s the truth’! Bank Negara manager denies being pressured

17 April 2019 

A Bank Negara Malaysia manager has denied that he was being briefed by “certain quarters” to not tell the truth in the hearing of the alleged misappropriation of SRC International Sdn Bhd funds involving former prime minister Datuk Seri Najib Razak. Azizul Adzani Abdul Ghafar, who is the manager of the central bank’s Financial Intelligence and Enforcement Department, said he also disagreed with Najib’s counsel Harvinderjit Singh’s suggestion in court Wednesday (April 17) that he was “hiding something”. 

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Najib trial: Ihsan Perdana bank documents handed to MACC almost three years later

16 April 2019

Financial documents of Ihsan Perdana, a 1MDB linked company, were kept for safekeeping by the Financial Intelligence and Enforcement Department since July 2015. The company had a bank account at a branch of Affin Bank on Jalan Raja Chulan. Ihsan Perdana was company that was used to handle the development funds social responsibility programs. 

C4  – This news report states a mundane fact that Ihsan Perdana was a 1MDB subsidiary that handled the company’s social responsibility programs. Further investigation needs to be made on Ihsan Perdana financial transaction to rule out that it was being used to launder stolen money.

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Najib’s bank account info taken during raid, BNM manager tells court

15 April 2019

The bank account details of Najib Razak were taken during raid of an Ambank branch in 2015. This was recounted by Bank Negara Malaysia Manager, Abdul Adzani on 15 April 2019. This raid was done as part of an investigation under the Anti-Money Laundering Act, Anti-Terrorism ,Financing Act and Proceeds of Unlawful Activities Act (Amla) 2001.

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Here’s everything you need to know to follow Najib’s SRC trial

15 April 2019

Najib Razak became the first Malaysian Prime Minister to be charged in a criminal court over the misappropriation of RM42 million from SRC International Sdn Bhd, a 1MDB subsidiary on 3 April 2019. Najib Razak was charged with one count of abuse of power under section 23 of the MACC Act 2009, 3 charges of criminal breach of trust under section 409 of the Penal Code and three charges under section 4(1)(b) of the Anti-Money Laundering, Anti-terrrorism, Financing and Proceeds of Unlawful Activities Act 2001 for money laundering. 

C4’s note- 3 April 2019, marks an important day in Malaysian history which proves the nation that above the view of the law, including a former Prime Minister. This trial will expose the methods in his devious plans to steal money from the country and how power was so easily abused. The trial would also herald the end of an embarrassing chapter in a country where we were once ruled by thieves. 

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Jho Low gallivanting about in China, says Sin Chew

12 April 2019

Fugitive businessman Low Taek Jho, the alleged mastermind of 1Malaysia Development Bhd (1MDB), is believed to be residing in China, and has apparently travelled recently to Hainan, Hong Kong and Beijing, reports Sin Chew Daily.

C4 – Jho Low, the co-conspirator of the 1MDB scandal is alleged by the Chinese daily Sin Chew Daily to be residing in China on 12 April 2019. 

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‘RM500,000 spent on Chanel’

4 April 201

The Attorney General, Tommy Thomas, on 4 April 2019, painted a picture of Najib as a man who used half of the RM42 million he illegally obtained from SRC on luxury goods from luxe brands like Channel in the USA. He also channelled the money to various Barisan Nasional component parties. 

C4  – The proceedings of the trial reveals the avarice of Najib and the political manipulation that he can achieve with SRC money. The trial also showed how “conflict of interest” was normalised and allowed in the previous administration. In the trial, it was noted that Najib held the position of PM, Minister of Finance and 1MDB Chairman. This allows him to ram through any dubious actions easily as he was only accountable to himself and others. The trial also reveals that 1MDB money was used to fund political activities of Barisan Nasional. These two instances in the trail, reiterates the need for PH manifesto promise to reform national governance through enacting “conflict of interest” and political financing laws. Thus, preventing other 1MDB like scandals from happening again. 

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6 Highlights You Should Know From Najib’s First Day Of Trial

3 April 2019  

  1. Najib’s lawyers tried to delay the trial again
  2. The Attorney-General vowed to prove how Najib used money from SRC International
  3. The first witness of the trial was an employee of Companies Commission of Malaysia (SSM)
  4. Sarawak Report editor Clare Rewcastle-Brown was present at the court complex
  5. A small group of Najib’s supporters chanted “Tolak media asing” (reject foreign media) outside the court
  6. Justice Nazlan decided that the trial will resume on 15 April

C4  – SAYS a news aggregator portal has made and simple digest of the proceedings of the first day of the Malaysian Trial of the Century. It reveals the wide interest of the population on a complex financial crime trial. 

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Three witnesses called to testify on first day of Najib’s SRC trial

1 April 2019

2 April 2019 marks the day Malaysians will get to see the full extent of Najib Razak’s involvement in the 1MDB scandal which has allegedly enrich him, his family and cronies. He faces seven charges of criminal breach of trust (CBT), abuse of power and money laundering in relation to SRC International Sdn Bhd funds involving RM42 million. 

C4  – The long-awaited SRC trial will start on 2 April 2019. This trial will lay bare to citizens of Malaysia on the extent of lies and cunning to steal money that was meant for the development of the nation. Hopefully, from the testimonies of trial will reveal that 1MDB money was used to finance Barisan Nasional political activities and to undermine opposition voices and support. 

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Investigate Mega Scandal – ​Tabung Haji

Newsbreak: How THP lost millions on Sarawak land deals

17 February 2020

Tabung Haji Plantations Bhd lost millions on Sarawak Land deals as there was a substantial difference between the declared total plantable area of the plantations and the actual areas surveyed by THP. The total plantable land area declared by the vendors of the two companies was 6,100ha. However, THP found that fresh fruit bunch (FFB) production was significantly and consistently lower than projected, 4,842ha.

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Putrajaya to bear RM10.3b cost of Tabung Haji’s rescue and restructuring plan

17 November 2019

The government will bear RM10.3 billion premium to ensure the financial health of Lembaga Tabung Haji (LTH) is restored as part of the rescue and restructuring plan of the pilgrimage fund. Urusharta Jamaah Sdn Bhd, which is a wholly-owned unit of Ministry of Finance (MoF) completed the transfer of non-performing assets valued at RM9.63 billion held by LTH in December 2018, as response from the financial mismanagement and wrongdoings by the previous management. The transfer was done from LTH to UJSB in exchange for RM19.90 billion. “The difference of RM10.3 billion between… RM19.90 billion and RM9.63 billion market value of assets is to be borne by the government to ensure that the financial health of LTH is restored,” UJSB said. UJSB pointed out that in the event the value of the assets depreciates further, the losses shouldered by the government will be higher than RM10.3 billion. The assets include a mixture of listed equity holdings, properties and one unlisted plantation asset. The huge difference between the market value and the purchase value of the land (95 per cent premium over market value), together with all the other assets acquired by UJSB will be borne by the government.

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TH Plantations selling oil palm estates in Sarawak

5 December 2019

TH Plantations Bhd hands over its entire stake in Bumi Suria Ventures and Maju Warisan Sdn Bhd with estates planted with 6,513.8ha of oil palms in the Bintulu and Sibu to Tomaco Plantation Sdn Bhd for RM170 million. Post disposal, TH Plantations’ oil palm and rubber acreage will be lessened to 94,462.08ha.

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2 October 2019 –  The High Court has yet to fix the date to hear the prosecution’s application to transfer Abdul Azeez Abdul Rahim, former Tabung Haji Chairman, corruption case from the Session Court to the High Court on 2 October 2019. Abdul Azees’s defence team has no objection to the transfer application. The next case management for this trial will be held on 18 October 2019.  

25 September 2019 –  The trial involving Abdul Azeez Abdul Rahim, former Tabung Haji Chairman, and his brother Abdul Latif was postponed on 25 September 2019, after the prosecution applied for the case to be transferred to the High Court. Abdul Azeez was charged with three counts of accepting bribes worth RM 5.2 million and nine counts of money laundering amounting to RM139.3 million. Judge Azura Alwi set 2 October 2019 for case management and said that proceedings will start after that meeting. 

5 April 2019 A SPECIAL briefing on Wednesday for Pakatan Harapan lawmakers on the Tabung Haji controversy revealed the fund suffered losses amounting to RM10 billion which were kept off the books.

5 Apr 2019 – A briefing for Pakatan Harapan lawmakers on the Tabung Haji controversy revealed the fund suffered losses amounting to RM10 billion which were kept off the books.

4 April 2019 – Dr. M says the Cabinet will discuss TH’s financial position and the fund’s ability to pay dividends to depositors.

27 March 2019 –Lembaga Tabung Haji (TH) has managed to restore its balance sheet following the transfer of its underperforming assets to a special-purpose vehicle (SPV) Urusharta Jamaah Sdn Bhd.

17 April 2019 –Former Tabung Haji chairman Datuk Seri Abdul Azeez Abdul Rahim has claimed trial to 12 counts of graft amounting to RM5.2mil and money laundering totalling RM139.4mil over the procurement of government contracts. His older brother Datuk Abdul Latif was also hauled to court for allegedly abetting him on two occasions. Abdul Azeez, who is Baling MP, is accused of receiving RM1.2mil, RM2mil and RM2mil in three transactions from company director Mo­­ham­mad Redzuan Mohanan Ab­­dullah as a reward for himself in assisting Menuju Asas Sdn Bhd to obtain government projects. The projects, valued at RM842.2mil, involved upgrading and building of roadwork in Perak and Kedah.

5 April 2019 A SPECIAL briefing on Wednesday for Pakatan Harapan lawmakers on the Tabung Haji controversy revealed the fund suffered losses amounting to RM10 billion which were kept off the books.

“Yesterday’s revelations were a real shock to us. We knew that in 2017, there was a deficit of RM4.1 billion, but there were (loss) figures that were unrecorded. And yesterday, this was explained in a detailed and clear manner,” said Johor Baru MP Akmal Nasurullah Mohd Nasir.

15 January 2019 – Baling MP Datuk Seri Abdul Azeez Abdul Rahim and his brother Datuk Abdul Latif Abdul Rahim have been arrested by the Malaysian Anti-Corruption Commission (MACC). They were arrested at about 4.30 pm at the MACC headquarters in Putrajaya for a case involving corruption and money laundering.

19 December 2018 –TH’s COO has been remanded as the MACC conducts a probe against him. Police reports have been lodged on former CEO and four senior management staff over misuse of funds and wrongful conduct in a corporate deal.

Investigate Mega Scandal – FELCRA

Perbicaraan Kes Rasuah Bung Mokhtar, Zizie Izette Bermula 14 Mei

12 May 2020

Perbicaraan kes rasuah melibatkan Ahli Parlimen Kinabatangan Datuk Seri Bung Mokhtar Radin dan isterinya Datin Seri Zizie A. Samad akan bersambung pada 14 Mei di Mahkamah Seksyen di sini, dengan saksi kelima pendakwaan akan meneruskan keterangannya. Timbalan Pendakwa Raya Mohamad Fadhly Mohd Zamry berkata, mahkamah telah menetapkan 14 dan 15 Mei untuk meneruskan perbicaraan.

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Witness: Bung said RM150 million investment was MOF’s idea

16 March 2020

Felcra board member Dr Habibah Suleiman said the Felcra Bhd former non-executive chairman Datuk Seri Bung Moktar Radin had informed the board of directors that the then Finance Minister had recommended a RM150 million investment in Public Mutual unit trust products in 2015. Habibah denied knowing the amount requested was RM150 million as the amount approved by the board was RM50 million. She assumed that Bung Moktar was the one who had changed the investment amount from RM50 million to RM150 million.

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Felcra not authorised to invest in shares: Witness in Bung Moktar’s trial

6 January 2020

Former Felcra general manager (Investment) Adnan Yusof told the Sessions Court on Friday that Felcra Bhd did not get approval to invest in shares. The process would require authorisation from the Minister of Finance Incorporated (MKD).Kinabatangan Member of Parliament Datuk Seri Bung Moktar Radin and his wife, actress Datin Seri Zizie Ezette A. Samad both pleaded not guilty against the allegations of bribery.

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Ex-Felcra unit MD faces graft charges involving RM4 million

3 September 2019

A FORMER FELCRA subsidiary managing director will be charged tomorrow over the misappropriation of funds and distribution of training contracts worth RM4 million. Malaysian Anti-Corruption Commission sources told The Malaysian Insight that the man was arrested on September 18 last year. The 53-year-old faces several charges under the MACC Act 2009, they said.

C4 – FELCRA is moving in the right direction to improve its reputation. After years of mismanagement by the previous BN administration, they would finally get back the money stolen from corruption.

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Bung and wife claim trial to Felcra corruption charges

3 May 2019

Kinabatangan MP Datuk Seri Bung Moktar Radin and his celebrity wife Datin Seri Zizie Ezette A. Samad are claiming trial at two Sessions Courts on charges of corruption, amounting to RM2.8mil over Felcra Bhd’s investment in unit trusts worth RM150mil.

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Bung Moktar and wife arrested

2 May 2019 

Kinabatangan MP Datuk Seri Bung Moktar Radin, who is facing three graft charges tomorrow involving almost RM3mil, has questioned the timing of his arrest with the Sandakan by-election taking place.

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Felcra lodges MACC report after audit reveals irregularities

13 Dec 2018 

Felcra Bhd has lodged a MACC report after an external audit revealed several discrepancies.

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Investigate Mega Scandal – MARA

Mara to refocus: No more new investments except in education

21 December 2019

Mara is staying true to its commitment to reduce loss in other investments will only allow for new direct investments for the ones involved in the education sector. Entering into the new year, Mara has reiterated its commitment to cut losses and focus on investments in the education sector.

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Mara Corp urges Mara to not delay asset transfer

29 October 2019
Mara Corp chairman Akhramsyah Muammar Ubaidah Sanusi urges the consolidation of all commercial entities under Majlis Amanah Rakyat (Mara) to Mara Corp Sdn Bhd Mara to ensure full compliance with the Ministry of Finance’s (MoF) instructions and in line with good governance practices set by the government. Akhramsyah said the agency is “taking its time” to transfer all of the related assets into the investment holding firm which might cause an unwanted stamp duty tax exemption which is worth more than RM10 million.

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11 Feb 2019 – MARA subsidiaries are being consolidated under GLIC Mara Corp after the change of federal government. After the MARA Inc. scandal, leaders stated that “due diligence processes” were completed and issues resolved, stating the intention to continue the development of a “complete ecosystem in Mara’s commercial entities” to uplift the Bumiputera economy.

29 Jan 2018 – Analysis of MARA Inc. scandal reveals that property was transacted by its seller Australian businessman Lionel Harber at A$23.5 million (RM73.82 million) to an agent from an offshore company, who subsequently sold it to Mara Inc for A$41. 8 million mere weeks later. The publication reported that Mohammad Lan received A$3.2 million in his personal bank account shortly after payment was made.

5 Sept 2017 –  Mara has completed its internal investigation into the alleged graft and abuse of power involving its former chairman Annuar Musa.

AirAsia Group Bhd and AirAsia X Bhd

MACC contacts UK for info on AirAsia kickback scandal

11 February 2020

The Malaysian Anti-Corruption Commission has asked for documents on the Airbus and AirAsia Group Bhd’s alleged bribery case from the UK’s Serious Fraud Office. MACC will examine the documents prior to deciding if an interrogation on the AirAsia Group Bhd (AAGB) executive chairman Kamarudin Meranun and chief executive officer Tony Fernandes is needed. Under the MACC Act, the agency has the power and authority to investigate any act of corruption committed by any Malaysian citizen or permanent resident in or out of the country.

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AirAsia, AirAsia X appoint external auditor to assist with Airbus review

11 February 2020

BDO Governance Advisory Sdn Bhd has been appointed by both AirAsia Group Bhd and AirAsia X Bhd as the independent expert to review bribery allegations of the Airbus SE scandal. 

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When companies are designed to fail

10 February 2020 

Under the deferred prosecution agreement (DPA), Airbus will pay a penalty of €991 million on the corruption charges. In Malaysia, the Malaysian Anti-Corruption Commission started its own investigation on any allegations of corruption revolving Malaysians or permanent residents outside of the country as empowered by the MACC Act 2009. Section 17A of the MACC Act 2009, which will come into effect on June 1, 2020, ascribes corporate liability to commercial organisations where adequate procedures to prevent corruption is not met. We need a culture of integrity, identify the issues and loopholes to solve corrupt cases. 

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‘Offset’ adalah rasuah, kata Akhbar Satar

9 February 2020

Menurut Presiden Persatuan Pemeriksaan Penipuan Bertauliah Malaysia, Datuk Seri Akhbar Satar, offset merupakan rasuah kerana tidak kira apa jua bentuk penerimaan tersebut, jatuh dalam kategori suapan mengikut Akta Suruhanjaya Pencegah Rasuah Malaysia (SPRM). Saksi, dokumen sokongan diperlukan untuk mendakwa kes seperti ini.

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The US$55 million offer by Airbus to AirAsia that was never made

9 February 2020

Airbus Group SAS paid US$50 million as sponsorship for a sports team jointly owned by AirAsia Executive 1 and AirAsia Executive 2 but was legally unrelated to AirAsia and AirAsia X. A subsequent US$55 million offer to AirAsia did not occur after a reevaluation on third party relationships was made by Airbus. The review led to a freeze of all SMO (strategy and marketing organisation) International payments within the company thus unable to realize any arrangements. The two executives who were “key decision-makers in AirAsia and AirAsia X” were rewarded via payments to the sports team to secure the order of 180 aircraft from Airbus.

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Airbus offer to AirAsia ‘offset’, not graft

6 February 2020

Prime Minister Dr Mahathir Mohamad said the Airbus offer of payment for a sports team linked to AirAsia and AirAsia X executives is an “offset” and not graft. Offsets according to the PM, were a common practice in government procurements. The PM added only money that goes straight into the alleged individuals will be considered as bribery.

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Securities Commission to examine allegations made against AirAsia

2 February 2020

The Securities Commission Malaysia (SC) and the Malaysian Anti-Corruption Commission (MACC) will be examining the allegations made against AirAsia Group Bhd and AirAsia X Bhd as public-listed companies in the statement in the case of Regina vs Airbus SE. According to media reports, AirAsia had ordered 180 aircrafts from Airbus years ago.

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AirAsia directors/staff got RM204 mil bribe from Airbus, court docs say

2 February 2020

The UK court documents showed that Airbus paid RM 204 million to sponsor a sports team jointly owned by two unnamed AirAsia executives in Malaysia to secure an order for 180 aircraft. According to a Guardian report in November 2015, Tan Sri Tony Fernandes and Datuk Kamarudin Meranun, respectively Group CEO and executive chairman of AirAsia Group Bhd, and major shareholders are listed as shareholders of Queens Parks Rangers. Fernandes and Meranun were also co-chairmen of F1 team Caterham.

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MACC probing AirAsia execs over Airbus bribes

1 February 2020

The MACC has the jurisdiction to investigate any act of corruption committed by any Malaysian citizen or permanent resident anywhere around the world. The MACC is in correspondence with the UK authorities to investigate the allegation that Airbus had paid US$50 million and offered another US$55 million to sponsor a sports team linked to two “key decision-makers” at AirAsia and AirAsia X. Sri Lankan Airlines, Taiwan’s TNA and a Ghana military aircraft deal were also implicated in the Airbus scandal.

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Rosmah: Solar Energy / Projek Bersepadu Sistem Solar Photovoltaic (PV) Hibrid

Rosmah’s graft trial continues on July 13

20 May 2020

The corruption trial of Rosmah Mansor in relation to the supply and installation of solar energy at 369 rural schools in Sarawak will continue for 31 days beginning July 13.

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Rosmah trial: Procedures not adhered to in solar hybrid project

11 March 2020

Former education ministry secretary-general Datuk Seri Alias Ahmad, 62, said that the RM1.25 billion solar hybrid project for rural schools in Sarawak, which was awarded to Jepak Holdings Sdn Bhd, was not carried out according to procedure. Before a value management was conducted, the letter of acceptance (LoA) was already issued for the project.

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Despite MoF official’s ‘bold and strong advice’ to PM against RM1.25b project, letter of approval issued

20 February 2020 

The finance ministry’s deputy secretary-general Datuk Othman Semail, testified that he had given solid disapproval on the matter but the former prime minister and finance minister, Datuk Seri Najib, went ahead in issuing the letter of approval for the solar hybrid project to Jepak Holdings Sdn Bhd. Othman stated that he had expressed disapproval through memorandas to Najib on the project because the requirements were not fulfilled. Jepak did not negotiate the RM1.25 billion price tag with the Education Ministry.

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Businessman gave RM5 million to ‘RM’, witness tells Rosmah’s trial

20 February 2020

Razak Othman said Saidi Abang Samsudin, the managing director of Jepak Holdings Sdn Bhd told him about the reason for the RM5 million to be paid to an individual by the initials “RM” after the two packed the money in the suitcases. It was to secure his company’s government’s RM1.25 billion project to supply solar energy to 369 Sarawak schools. Shamsul Rizal Sharbini, Saidi’s driver drove them from Maybank to Sogo and then back to Maybank. The money, in RM100 denomination, was packed in transparent plastic and transferred into the two suitcases, with each suitcase containing RM2.5 million. Maybank officer, Azimah Aziz had testified that Saidi withdrew RM6.5 million in cash from his account at the Medan Tuanku branch between 2016 and 2017.

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Screaming match and hilarious moments as Rosmah’s trial drags on

19 February 2020

There was a shouting competition in the courtroom between Rosmah’s lawyer and the lead prosecutor in the case. It started when former Education Ministry secretary general Tan Sri Madinah Mohamad was reminded to speak up to ensure that her voice is recorded. Datuk Seri Gopal Sri Ram asked her to speak up again as if he was deaf. The competition started and had to be cooled down by Judge Mohamad Zaini Mazlan.

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Rosmah’s lawyer tears into Madinah’s testimony, accuses her of scapegoating Najib

18 February 2020

Rosmah’s defence team said that Madinah was making contradictory statements and turned Najib into a scapegoat. Initially, Madinah criticised the solar hybrid project and that diesel generators are move viable but defence lawyer, Akberdin said she supported the solar project in the memo given to Mahdzir Khalid on June 16, 2016. The issuance of the acceptance letter for the solar hybrid project was endorsed by Madinah before she retired as the education secretary-general on Sept 2, 2016 and assumed the role of auditor-general on February 27, 2017, replacing Ambrin Buang.

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Rosmah trial: Jepak’s business partner used Najib’s name – ex-Education Ministry sec-gen

13 February 2020

In Rosmah Mansor’s trial where it involved the approval of the solar project to Jepak Holdings after being induced by the managing director of the company, Saidi Abang Shamsul.Two witnesses were heard today, Mahdzir, the former minister to education said the schools intended to benefit from the project are all powered with electricity by diesel generators and there is no need for the solar project to replace the generators since Permata Online programmes can still be carried out. Defense lawyer said that Mahdzir has struck a deal with MACC before this where on November 27, 2018 through a law firm and a letter was presented where it said the firm represents Mahdzir himself and was instructed to write to the AG’s office in regards to the solar hybrid case where Mahdzir said he will be willing to testify against the prime mover of the case in which the lawyer insinuated the prime mover is either Rosmah or former prime minister Najib Abdul Razak. Second witness,former education ministry secretary general, Madinah Mohamad said that there were no breakdowns given by Jepak Holdings and the approval was given only because there was an approval and order from the former prime minister. Madinah added that she had minuted for a technical meeting without Jepak representatives to discuss the project with the company’s influence. Rosmah had personally asked for the solar project to be expedited and Rizal Mansor, Rosmah’s former personal aide managed to get her number and asked for updates. A man named Rayyan did the same as well.

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Rosmah urged me to expedite solar project, ex-MOE sec-gen testifies

13 February 2020

The former Education Ministry secretary-general, Madinah Mohamad testified that she was asked by Rosmah to be on the lookout for the award of a solar project in Sarawak after a Permata Negara event in Putrajaya attended by Rosmah. After her approach, Rizal Mansor said the same thing to Madinah at the event. The former minister of education Mahdzir Khalid said he approved the project based on Najib’s demand. He then asked Madinah to complete the documentation. Madinah said the request was out of the ordinary since she has never talked to her about government contracts before. Madinah is worried if she didn’t take any action, Rosmah would influence her husband as the prime minister’s wife, Rosmah, according to Madinah, could influence her husband.

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Najib wanted solar hybrid project monitored, court hears

12 February 2020

Rosmah’s defence team was trying to disprove the credibility of former education minister Mahdzir Khalid as someone who took bribe, deflected from the blame and trying to look for a scapegoat for his actions. Rosmah Mansor’s graft trial today heard that former prime minister Najib Razak wanted the Education Ministry to monitor the solar hybrid project in Sarawak awarded to Jepak Holdings Sdn Bhd. Lawyer Akberdin Abdul Kader termed the flow as “avoidance, confession, deflection” where Mahdzir avoided Saidi then agreed to approve Jepak’s solar hybrid project then excused himself for procedures and claimed that Jepak did not follow the regulations and blame the PM. Lawyer Jagjit Singh said that he took a bribe of RM50k for a London’s trip and agreed to RM1 million per month for six years.

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Defence moves to discredit Mahdzir

11 February 2020

The lead defence counsel Datuk Jagjit Singh said that the prosecution witness, Datuk Seri Mahdzir Khalid, received a bribe to approve the solar hybrid project by Jepak Holdings Sdn Bhd from Saidi Abang Shamsul, the managing director of the company in return for RM50,000 for his family’s London trip in December 2015. Jagjit made it a point to discredit Mahdzir’s credibility as the pressure he said he felt from Rosmah was actually from the money he already received by Saidi. Jagjit suggested that Mahdzir struck a deal with the prosecution team and MACC to escape the charges of corruption. Jagjit said a letter of instruction given to the Education Ministry secretary-general by Mahdzir to allow Jepak Holdings to present its proposal was not submitted in court. Jagjit went on to assert that the letter was what prompted Najib to approve Jepak Holdings’ proposal in which Mahdzir denied. Lead prosecutor Datuk Seri Gopal Sri Ram had asked for permission to play the infamous “Can I advise you something” recording, originally released by MACC in January for voice recognition. Jagjit objected to the request and said the transcript of the recording is not given and that it would be prejudicial to Rosmah since it will be published by the press. Justice Mohamed Zaini allowed for snippets of the recording to be played. Mahdzir identified the voices as belonging to Najib and Rosmah.

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Defence alleges Mahdzir has gambling habit in Rosmah’s corruption trial

11 February 2020

Rosmah’s defence team alleges that Datuk Seri Mahdzir Khalid needed the money from Saidi as a bribe for himself to support his addiction in gambling where Mahdzir went as far as needing Saidi to appoint a man named Haji Puad from Kedah as a consultant for the solar hybrid project as Puad would channel the money for him.

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Mahdzir turned against Rosmah to evade being charged – defence

11 February 2020

Lead defence counsel Jagjit implied that when the former education minister Mahdzir Khalid found out that he would be appearing in court, he Mahdzir asked for a middle man to negotiate with the prosecution team. Datuk Vignesh was asked to negotiate for a deal where Mahdzir will be the witness to implicate Najib Abdul Razak and Rosmah in exchange for no bribery charges from MACC. 

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No issue with Rosmah’s MC – MACC chief

11 February 2020

Chief commissioner of Malaysian Anti-Corruption Commission (MACC), Latheefa Koya said there is no issue with the medical certificate (MC) of Rosmah Mansor. Lead prosecutor Gopal Sri Ram rejected the MC produced by a private doctor instead of the government’s. The controversy came about when lawyer Jagjit Singh said about Google Search on Rosmah’s diagnosis it was a last minute request to verify the MC. Rosmah was not present due to cervical spondylosis, osteoarthritis of the knees and chronic adrenal insufficiency.

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Mahdzir: I had no doubts Rosmah was helping Jepak

10 February 2020

During the examination-in-chief, the former education minister Mahdzir Khalid said he is certain that Rosmah Mansor was helping Jepak Holding Sdn Bhd’s bid to win a RM1.25 billion solar energy project for 369 schools in Sarawak. She said she doesn’t know Saidi’s partner, she clarified it was to help ‘Cikgu Aazmey’ and she asked Mahdzir to follow the instructions. Ahmad Aazmey Abu Talib, the Pekan Umno secretary is believed to be ‘Cikgu Aazmey’.

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‘She in a way told me’ to expedite solar hybrid contract, ex-edu minister says in Rosmah’s trial

6 February 2020

The ex-education Minister, Datuk Seri Mahdzir Khalid testified that he was pressured by Datin Seri Rosmah Mansor to award a solar hybrid project in Sarawak with a cost of RM1.25 billion to Jepak Holdings Sdn Bhd. He was allegedly harassed by the company’s managing director, Saidi Abang Samsudin and business partner, Rayyan Radzwill Abdullah to hasten up the process of awarding a contract to their company. He felt compelled to do as Rosmah had asked of him since she is the wife of the then prime minister with much influence and authority. Datin Seri Rosmah’s authority is evident when she, as the wife of the prime minister dared, to order me as the education minister to look after and expedite Jepak’s hybrid solar project,” he told the court. Najib himself had also asked Mahdzir to award the project to Jepak through written notes and verbal orders.

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Driver: I delivered ‘school bags stuffed with cash’ to Rosmah’s house

6 February 2020

Shamsul Rizal Sharbini, a chauffeur told the Kuala Lumpur High Court that he bought two school bags in black with orange linings worth RM 45 each as per demanded from Saidi Abang Samsudin, his boss. Shamsul said he was asked to put bundles of RM 100 denominations into the bags by his boss at a Maybank branch. He did it without counting the money and placed the bags in the car boot. He left the bags at the green sofa in Rosmah’s residence. Shamsul added that a similar incident has happened before. According to a Maybank Medan Tuanku branch staff who testified yesterday, Saidi had withdrawn, in cash, RM5 million on Dec 20, 2016, and RM1.5 million on Sept 7, 2017.

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‘Rosmah had own division in PMO’

6 February 2020

A government officer in the Prime Minister’s Office (PMO), Huzairi Zainal Abidin, 42, said that Datin Seri Rosmah Mansor was the first ever prime minister’s wife to have her own dedicated division within the PMO called the First Lady of Malaysia (FLOM) to organize programmes which involved her. Whereas previously, wives of prime ministers were only assisted by a private secretary to coordinate programmes of the prime ministers which require their attendance. The name of the division was later amended from FLOM to Special Division after it stirred controversies up.

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Govt loans usually take 1-3 months to process, says SRC International witness

5 February 2020

Mohd Irwan Serigar Abdullah, the former treasury secretary-general said a government loan application will usually be approved after more than a month. The timeline takes about one to three months. Previous witnesses such as the seniors at the Retirement Fund Inc (KWAP) said they have been pressured to hasten the RM4 billion loans to SRC International Sdn Bhd in 2011 and 2012. Irwan testified that he was not involved in the procurement process of two RM2 billion loan from KWAP since at the time, he was the deputy Treasury secretary-general to Wan Abdul Aziz Wan Abdullah. However, he signed the government memo for the second loan when Wan Abdul Aziz was out of the country. Irwan was appointed chairman of 1MDB on May 31, 2016. He claimed six counts of criminal breach of trust involving over RM6.6 billion of government funds involving Abu Dhabi sovereign wealth fund International Petroleum Investment Company (Ipic). 1MDB’s fund reached a US$1.2 billion settlement with Ipic in London under Irwan’s term in office.

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Sri Ram’s opening statement at Rosmah’s school solar power graft trial

5 February 2020

Sri Ram stated that being the wife of the former Prime Minister, Datin Seri Rosmah Mansor does not have an official position but commanded control due to her “overbearing nature”. Saidi Abang Samsudin was the Managing Director and majority shareholder of JEPAK Holdings Sdn Bhd. Saidi and his partner Rayyan Radzwill Abdullah approached Mahdzir Khalid, the then Minister of Education (MoE) to secure an award of a contract from the ministry to provide a solar hybrid project in 369 rural schools in Sarawak. The effort was to no avail thus, Aazmey Abu Talib, someone who’s close to the former Prime Minister was approached. He requested a letter of support for JEPAK. Unfortunately, the letter did not hasten the process, they had to reach out to Rizal Mansor who ended up arranging a meeting among the three instead. Saidi offered political donation to thank the accused’s husband for the letters and a large sum of money to the accused. Rosmah exploited Rizal to negotiate the amount with Saidi when she knew the donation was meant as a bribe for her. Initially she wanted 17% of the RM 1.25 billion project. On Rizal’s advice, she agreed to accept RM 187.5 million or 15% of it. Lawrence Tee drew up the sham agreement but the agreement went missing. Saidi gave the accused RM 5 million in cash after the payment was made by the MoE. Subsequently, a series of payment to JEPAK was released and Saidi delivered another RM 1.5 million in cash to the accused.

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Rosmah’s trial begins: Prosecution says ‘overbearing’ ex-PM’s wife initially asked for RM200m bribe

5 February 2020

Prosecutor Gopal Sri Ram said Rosmah asked for and received bribes, and that she had played an “active role” to help a company get a project in return for the bribes. Rosmah knew it was a bribe because she held no positions but managed to influence the deal for the solar hybrid contract for Saidi’s company with her “overbearing” nature. Rosmah allegedly increased the amount asked to RM187.5 million.

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Rosmah arrives in court sans wheelchair, accompanied by ambulance

5 February 2020

At 9.55 am, Datin Seri Rosmah Mansor arrived for her court date at the Kuala Lumpur High Court today without the aid of a wheelchair accompanied by her friends and lawyers. amid concerns she was suffering from severe neck and back aches which may necessitate the need for her to attend in a wheelchair.

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After missing day one, Rosmah to attend bribery trial today ‘under hospital supervision’ 

5 February 2020

On February 2, 2020, Rosmah went to the doctors for severe neck pain, where the doctor advised that Rosmah rest in bed and avoid sitting for any length of time until her symptoms improve. Rosmah did not attend her first-ever trial the next day. Today, she is expected to be in court today under the supervision of the hospital.

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Rosmah absent from first day of corruption trial due to illness

3 February 2020

A medical report is presented to the Kuala Lumpur High Court’s judge Mohamed Zaini Mazlan by Rosmah Mansor’s counsel, Jagjit Singh stating that she is unwell. The wife of former prime minister Najib Abdul Razak, did not show up for the first day of her corruption trial at the Kuala Lumpur High Court today. Rosmah is alleged to solicit and receive bribes of hundreds of millions of ringgit on the supply and installation of solar energy at 369 rural schools in Sarawak.

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Rosmah’s trial starts Monday

31 January 2020

Datin Seri Rosmah Mansor is set to stand trial for the three counts of corruption dealing with hundreds of millions of ringgit relating to a solar hybrid project in Sarawak. Initially, she was set to stand trial with a former aide, Datuk Rizal Mansor, who was accused of abetting her. Rizal was acquitted after the prosecution withdrew all four charges against him on Jan 8. It is unclear at this point whether Rizal would be called as a prosecution witness to testify against Rosmah.

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Rizal Mansor’s charges dropped, may be called as a prosecution witness against Rosmah 

8 January 2020

The prosecution had the criminal charges on the former aide and special officer to Datuk Seri Najib Razak, Datuk Rizal Mansor withdrawn. The RM5 million corruption case involves a solar hybrid project for 369 rural schools in Sarawak. Earlier, Both Rizal and Najib’s wife Datin Seri Rosmah Mansor were jointly charged for the corruption case.

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Yayasan Akalbudi: Former home affairs minister Datuk Seri Dr Ahmad Zahid Hamidi

Zahid paid RM1.42 million cash for bungalow renovations, contractor tells court

18 June 2020

The director of construction company Tekad Nusantara Sdn Bhd, Marzuki Che Omar said he accepted the offer from Zahid to renovate the bungalow in Country Heights, Kajang in September 2018. Marzuki said that Zahid told him that he wanted to renovate the bungalow as Yayasan Al Falah wanted to use the place for religious studies. Zahid’s brother is the chairman of Yayasan Al Falah. The Yayasan paid RM5.9 million for the bungalow via a cheque from law firm Lewis & Co to Bee Garden Holdings Sdn Bhd. Initially Marzuki quoted Zahid RM1.34 million for the renovation which the latter agreed to pay but he alleged that it rose to RM1.42 million as he needed to perform additional renovation works before he could finish the renovation. Marzuki said there is no written contract for the works he did and he did not issue any receipts for the payment.

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Ahmad Zahid trial: Country Heights boss confirms receiving RM5.9m cheque for two homes from law firm named in charges

16 June 2020

Country Heights Holdings Bhd chairman Tan Sri Lee Kim Tiong @ Lee Kim Yew today said that Bee Garden Holding Sdn Bhd owned by him and his wife received an RM5.9 million cheque from Lewis & Co — a law firm named in Datuk Seri Ahmad Zahid Hamidi’s charges — for two Country Heights homes.

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Zahid’s trial: Bank officials confirm law firm received RM25.9m funds

15 June 2020 

Lewis & Co is a law firm that acts as a trustee for Zahid’s family-owned charitable foundation Yayasan Akalbudi had received a total of RM25.9 million via 41 transactions in two years’ time. Witnesses agreed with Zahid’s lawyer that the transactions  were normal and did not have any odd elements nor did the transactions breach any laws. Their reasoning is that the transactions are recorded and would be traceable and as such the details will not be hidden. 

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Ahmad Zahid’s graft trial to resume June 15

19 May 2020

The trial of former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi will resume on June 15. Zahid is facing charges of corruption, criminal breach of trust (CBT) and money laundering involving funds from Yayasan Akalbudi.

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RM6m bribe to Zahid was political donation for GE14 — Datasonic deputy MD

19 February 2020

Chew Ben Ben, the Datasonic Group Bhd deputy managing director said that the alleged RM6 million of bribe given to former deputy prime minister Datuk Dr Ahmad Zahid Hamidi in 2017 was in fact a political donation to his Barisan Nasional coalition government. He proposed the political donation to Barisan Nasional through Zahid only because Zahid held two positions at the time (DPM and minister of home affairs). Datasonic Technologies Sdn Bhd (DTSB) director Datuk Abu Hanifah Noordin felt grateful that the company had been listed and wanted to make the contribution to show its support. Zahid had asked Chew to make the cheque out to a Maybank account owned by Lewis & Co instead of Umno or Barisan Nasional’s accounts. Chew said the cheques were under Hanifah’s own company, Sarana Kencana Sdn Bhd, and the recipients’ names were kept blank.

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Datasonic unit got passport chip contract despite unsatisfactory record

13 February 2020 

Former finance ministry deputy secretary-general Dr Uzailee Abdul Latiff, said despite having a poor achievements, Datasonic Group Bhd’s subsidiary, Datasonic Technologies Sdn Bhd (DTSB), managed to secure a new RM318.75 million passport chip contract in 2015 from the home affairs ministry (MoHA) via direct negotiation. The contract detailed the supply of 12.5 million polycarbonate biodata pages with passport chips. Yesterday, Datasonic chairman Tan Sri Mohamed Hashim Mohd Ali confessed that he signed the letters expressing Datasonic’s intent to be the supplier of polycarbonate pages with passport chips addressed to Najb and Zahid. Hashim said DTSB had to delay its shipment to the Immigration Department because there was a shortage of passport chips in 2016. Datasonic and DTSB were both implicated in some of the charges against Ahmad Zahid, which accused the former deputy prime minister of having received two cheques totalling RM6 million from a Datasonic director for the contract.

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Zahid trial: Home Ministry directly awarded firm RM318m passport chip contract

12 February 2020

Despite unworthy achievements, Datasonic Technologies Sdn Bhd (DTSB) won a directly negotiated contract from the Home Ministry when Datuk Seri Ahmad Zahid Hamidi was the home minister to supply 12.5 million polycarbonate passport chips for a five-year period worth RM318.75 million. From the evidence, it was concluded that the Home Ministry will not consider DTSB for future procurement. DTSB had proposed to supply polycarbonate chips and made cost comparisons whereby the government could save RM103.49 million if DTSB was awarded the project. At the same time, MoF wanted to evaluate its capability to produce internationally recognized passport chips and DTSB was asked to take further action on certain issues where information given was insufficient. DTSB then provided “proof of concept”, approval from KDN and the Immigration Department to MoF, MoF granted the approval in light of the support and this was allowed under special situations such as national security and in times of desperation. 

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Yayasan Akalbudi never conducted audit, AGM, court hears in Zahid corruption trial

12 February 2020

Mahinder Kaur, a Yayasan Akalbudi’s secretary since 2012 said that the company owned by Datuk Seri Dr Ahmad Zahid Hamidi had never conducted an audit, annual general meeting nor filed its financial reports with the Malaysian Companies Commission (SSM). While Mahinder was working as a secretary under another company owned by Zahid called Measurement Sdn Bhd, he asked her to update documents for Yayasan Akalbudi from 2003-2011. She could not make further updates as she was not given the documents necessary after 2011. In 2012, she was given all the documents and was appointed as secretary at the foundation. Zahid is facing 47 charges – 12 for criminal breach of trust (CBT), eight for corruption and 27 for money laundering – involving tens of millions of ringgit in funds belonging to Yayasan Akalbudi.

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Zahid signed 51 Yayasan Akalbudi cheques worth RM31 million, says witness

11 February 2020

Former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi signed 51 cheques amounted up to RM31 million in funds belonging to his foundation, Yayasan Akalbudi to make payments for his 20 vehicles, road tax, insurance, the Football Association of the Royal Malaysian Police and TS Consultancy and Resources for voters registration.

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Ex-AG Gani’s affidavit helped secure Musa’s acquittal

9 June 2020 

AG Idris Harun revealed why the prosecutors withdrew 46 charges against former Sabah chief minister Musa Aman. in 2012, former attorney-general (AG) Abdul Gani Patail had issued an affidavit in support of Musa’s appeal to dismiss the charges. Considering this and the representation made by Musa to have the charges struck out, Idrus’ department has to review the whole evidence of the case. However, some evidence could not be obtained or that some witnesses could no longer testify. The Independent Commission Against Corruption Hong Kong had cleared Musa of wrongdoing, added Idrus. 

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Prosecution drops all charges against Musa Aman; judge grants acquittals

9 June 2020 

The prosecution has withdrawn the 46 corruption and money laundering charges levelled against former Sabah chief minister Tan Sri Musa Aman. He was granted an acquittal. Lawyer Amer Hamzah Arshad said that Musa was cleared of these allegations in 2012 by the Malaysian Anti-Corruption Commission (MACC) and the Independent Commission Against Corruption of Hong Kong. “The current AG being a former Court of Appeal, Federal Court judge has considered our [striking out] application and in his proper objective judgement has instructed the prosecution team today to inform the court they are withdrawing the entire charges against Tan Sri Musa Aman,” he said. The alleged corruption charges stated that Musa in his capacity as Sabah chief minister and chairman of the Board of Trustees of the Sabah Foundation had received US$50.1 million logging concessionaires as an incentive to approve logging activities for 16 companies. Allegedly he had received US$37.84 million and another sum of S$2.5 million in proceeds from illegal activities.

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Musa Aman freed of all 46 corruption, money-laundering charges

9 June 2020 

Former Sabah chief minister Tan Sri Musa Aman was acquitted and discharged of all 46 criminal charges linked to timber concessions contracts in Sabah. Deputy public prosecutor Datuk Azhar Abdul Hamid said all the corruption and money-laundering charges against the accused will be withdrawn. Musa’s lawyer, Francis Ng Aik Guan, subsequently asked for a full acquittal to avoid the charges hanging over his client’s head. Francis referred to previous case files among others from the Independent Commission against Corruption of Hong Kong (ICAC). ICAC investigations cleared Musa off the charges and this was supported by the Malaysian Anti-Corruption Commission (MACC). Former Attorney-General Tan Sri Abdul Ghani Patail affirmed the matter in an affidavit filed by the defence.

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Lawyer cites ICAC letter ‘clearing’ Musa Aman of corruption charges

5 March 2019

Former Sabah chief minister Musa Aman was slapped with 16 charges under Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, amounting to some US$37.8 million. Ng said that the Independent Commission Against Corruption (ICAC) in Hong Kong – where the offences were allegedly committed – had in December 2011 had classified it as “No Further Action” as investigations were closed. The then de facto law minister Nazri Abdul Aziz had in 2012 cleared Musa of the allegations, although the Padang Rengas MP himself had said it was wrong for Musa to cite his name.

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Establish Commission of Inquiry to investigate and resolve mega scandals

A Royal Commission of Inquiry was not set up in the cases of 1MDB, Felda, Mara and Tabung Haji because investigations by several agencies are ongoing and the courts will decide on these cases.

  • the investigation into 1MDB by a special team was started on May 21, 2018;
  • the investigations into Felda, Mara and Tabung Haji have also begun;
  • the leadership at 1MDB was revamped on June 28, 2018, and the administration at Felda and Tabung Haji were revamped on May 14, 2018.

Review Governance structure of 1MDB, FELDA, MARA and TH to ensure an effective check and balance

21 October 2019: Nor Shamsiah Mohd Yunus, said in a CNBC TV interview on 20 October 2019,  that the Malaysian government is undertaking structural reforms to strengthen the economy. These include the inoculation of a framework, structure and culture that will eradicate corruption and stopping another “1MDB-like” scandal from happening. She was quoted that some of the measures that the government are undertaking are:

  1. The establishment of the Governance, Integrity and Anti-corruption Centre
  2. The establishment of the National Anti-Financial Crime Centre (NAFCC)
  3. Bank Negara continual strengthening of compliance culture within the government and financial center. 

19 June 2019: Nor Shamsiah Mohd Yunus has vowed that the 1MDB scandal to not happen again in our country. She said was quoted by Bloomberg Newswire;

 “We cannot allow another 1MDB event to recur. This 1MDB affair has put a spotlight not just on Malaysia but also on banks in a number of other countries. And that is why we have the Financial Action Task Force (FATF) recommendations.”

FARF is an inter-governmental task force that aims to set standards, promote and implement measures to combat threats to the international financial system. 

8 April 2019 – White Paper will contains measures proposed to strengthen Felda’s financial position for the betterment of its settlers, including the new business model.

3 April 2019THE White Paper on the Federal Land Development Authority (Felda) will be tabled in the Dewan Rakyat next Wednesday, Deputy Economic Affairs Minister Dr Mohd Radzi Md Jidin said.

2 April 2019 – The High Court will hear the case of former Felda chairman Tan Sri Mohd Isa Abdul Samad, who is facing one count of criminal breach of trust (CBT) and nine counts of corruption, involving more than RM3 million.

The followed a decision by High Court judge Mohamed Zaini Mazlan in allowing the application by Mohd Isa to transfer the case from the Sessions Court to the High Court after the prosecution did not object to it.

9 February 2019 – MARA Chairman discusses company revamp with the aim of again uplifting the Bumiputera

4 April 2019 – Cabinet is discussing TH restructuring and recovery plan.

11 February 2019 – MARA subsidiaries are being consolidated under GLIC Mara Corp after the change of federal government. After the MARA Inc. scandal, leaders stated that “due diligence processes” were completed and issues resolved, stating the intention to continue the development of a “complete ecosystem in Mara’s commercial entities” to uplift the Bumiputera economy.

10 December 2018Lembaga Tabung Haji (TH) has been illegally paying dividends (hibah) to its depositors since 2014, says Datuk Seri Dr Mujahid Yusof Rawa.

The Minister in charge of Islamic affairs explained that the dividend payments had contravened the Tabung Haji Act 1995 as TH had more debts than assets in the previous years.

24 May 2018 –  State fund 1Malaysia Development Berhad (1MDB) is insolvent and unable to repay its debts, two of the company’s directors have told the Finance Ministry.

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Ensure key positions’ holders are professionals and no vested political interests

16 April 2019 – Malaysia needs to move on from the scandals of yesteryear, while the government continues with the clean-up jobs to build the right foundation for the country to rise up and reclaim the position among the leading economies globally.

Finance Minister Lim Guan Eng said the country that Pakatan Harapan has inherited from the previous administration is “broken”.

17 Aug 2018 – The leadership at 1MDB was revamped on 28.06.2018 and the leadership at Felda and TH were revamped on 14.05.2018

1 Feb 2019 – Datuk Seri Dr Wan Azizah Wan Ismail conceded today that some of the recent appointments in government agencies were people who were members of Pakatan Harapan (PH) parties or their political associates.

8 Jan 2019: Azmin Ali, the Minister for Economic Affairs said on 8 January 2019, that “qualified politicians” can be appointed to head government-linked companies (GLCs). The surprising U-turn statement was made during his speech at the opening of the American Malaysian Chamber of Commerce in Kuala Lumpur. He further elaborated that that priority must be given to professionals first over politicians.

5 Jan 2019 – Khairi Jamaluddin, UMNO MP for Rembau has mocked Pakatan Harapan for breaking their promise to stop practising political appointments on 5 January 2019. This comment was made as a response on news that Rina Haru, the Minister of Rural and Regional Development and Bersatu Party MP, has appointed fellow party member Mohamed Haniff Khatri Abdulla as the Chairman of the Penang Regional Development Authority (PERDA). In the same NST article, it also states the appointments of Bersatu Supreme Council member Akhramsyah Muammar Ubaidah Sanusi as Mara Corporation Sdn Bhd chairman and former Universiti Kebangsaan Malaysia (UKM) deputy vice-chancellor Datuk Dr Sukiman Sarmani as Universiti Teknikal Mara (Unitek-Mara) chairman.

5 January 2019 – The son of the former Menteri Besar of Kedah, Sanusi Junid, was appointed as chairperson for MARA Corporation Sdn Bhd, an investment company for the Majlis Amanah Rakyat (MARA). This announcement was made by Rina Harun, the Rural and Regional Development Minister on 5 January 2019. Rina said, “This announcement was made after the Prime Minister consented to the suggestions made by the minister”.