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10 APRIL 2024

Tuesday, August 25, 2015

Bar to hold EGM on Najib's RM2.6bil donation, interference in MACC probe

Bar to hold EGM on Najib's RM2.6bil donation, interference in MACC probe
KUALA LUMPUR - The Bar Council has decided to convene an extraordinary general meeting (EGM) of the Malaysian Bar next month to discuss reports of interference in the Malaysian Anti-Corruption Commission’s (MACC) investigation on a former 1Malaysia Development Berhad (1MDB) subsidiary and the RM2.6 billion donation to Prime Minister Datuk Seri Najib Razak.
According to an email sighted by Malay Mail Online, the EGM will be held on September 12, with members of the professional legal body to be informed “soon” of the time, venue and agenda of the meeting.
“The matters for discussion at the EGM will include the reports of interference with the ongoing investigation into the flow of funds from SRC International Sdn Bhd (a former subsidiary of 1MDB), and the transfer of RM2.6 billion into the prime minister’s private bank accounts, as well as the steps that the Malaysian Bar should take to affirm and uphold the rule of law, and to prevent the administration of justice from being perverted,” said the Bar Council in the email notification to Malaysian Bar members.
Two senior MACC officers were transferred recently to the Prime Minister’s Department amid a purported police crackdown on the anti-graft agency, but their transfer orders were cancelled within three days amid public outrage.
The MACC said on August 3 that the RM2.6 billion transferred to Najib’s personal bank accounts did not originate from state-owned firm 1MDB but had come from donors.
It also said that it is still continuing its investigations into SRC International’s RM4 billion loan from the Retirement Fund Inc.
A multi-agency taskforce had been investigating an alleged US$700 million (RM2.6 billion) money trail involving several companies — SRC International; Ihsan Perdana, the company responsible for 1MDB’s corporate social responsibility programmes; and Gandingan Mentari Sdn Bhd — that purportedly channelled the funds to Najib’s bank accounts, but Tan Sri Mohamed Apandi Ali shut the taskforce down shortly after he was appointed as the new Attorney-General last month.
The MACC, however, said yesterday that its probe on SRC International and the RM2.6 billion donation to Najib is still ongoing.
Kepong Umno division chief Datuk Ridhuan Abdul Hamid claimed Sunday that the RM2.6 billion was contributed by an “Arab king and prince” and was meant as a political donation for the Election 2013 campaign. - Malay Mail

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