1MDB : The Wheels Are Turning . . Faster Now...Overseas

Here is a montage folks.  The first is a comment in my blog. About Singapore is doing. This person is quite informed :

Anonymous said...     "Today Online reported Singapore prosecutors' latest charge against Yeo Jiawei, his seventh (S'pore's investigation into 1MDB) opens entirely new front in probe.  

• new charge (against Yeo) significant, entirely new front in investigations
• investigations reached critical stage, higher level urgency, sensitivity
• moving closer to centre of complex cross-jurisdictional criminal transactions
• closer to money flows and principals the accused interacting with
• Spore's second solicitor-general Kwek Mean Luck quoted saying

new charge Yeo fraudulently signed Dec '13 reference letter to CItigroup 
to facilitate US$11.95m transfer from SRC International to Equity Intn'l Partners Ltd

If you read between the lines......

......they have traced the money back to Ultramoron.   Whoops.
Thursday, May 12, 2016 7:32:00 PM Delete

Here is another comment :

2.  Anonymous said...    

S'pore investigation significant, it reveals first link between SRC Int'l and 1MDB issue.

Previously SRC never directly linked to web of transactions by 1MDB

transactions by SRC Int'l previously viewed independent of 1MDB
transfers of RM42m and RM27m into Najib's personal bank accounts.
Apandi cleared Najib on the ground prime minister was not aware

Pandi starting to look like a complete fool to the outside world
You will live in infamy till you die, people will take turns to piss on your grave.

Think about it.  Not worth it, bro.

Thursday, May 12, 2016 7:30:00 PM Delete

Ok now here is something that was emailed to me:




Singapore will charge Eric Tan and Jho Lo in that order after a few more people arrested and charged

Yeo Jiawei and some of his family must be charged, he therefore may whistleblow to save them?

Here is more via email:

TERENCE G_H, Finance Manager for 1MDB carrying out payment instruction for Fatboy 1. The one with Nik who arranged his credit cards too.

We need to get some exposure for this TERENCE G_H, his name finally surfaced, what we really need is M_CC arrest him and protect him before he gets C4ed or concreted in an oil drum?

Baby allowed to see Yeo Jiawei, but not wife or parents, and so far lawyer had only 30 mins with him in 4 weeks. Ha ha. 
Expect this fella (Yeo Jiawei) to break and or confess, either way Eric Tan and Jho Lo your arrest warrants are coming soon. Some others to be arrested.

SRC getting juicy

Have a great day, this is really good news as the AGC in Singapore is convinced they are getting the evidence to corroborate to the main players. They know who are the main players, N__ib and Jho Lo, but they need the corroborating evidences.

AG, IG_,  M_CC - all proven to be spineless or cari makan or both.

MAY 13, 2016 
Singapore
 
End of email. Here is more news, truncated.

• KEY execs of 1MDB, SRC Int'l (M'sia) Ltd authorised transfer of US$11.95m 
• to firm owned by Tan Kim Loong (aka Eric Tan) close associate of Jho Lo
• according to documents submitted in S'pore court on Thurs.

• transfer funds to Affinity Equity Int'l Partners Ltd (owned by Eric Tan) 
• through Pacific Harbour Global Growth Fund AA4 
• a fund SRC Int'l Msia subscribed to 
• overseen by 1MDB's exec. director of finance Terence G_h 
• authorised by Nik Faisal MD of SRC Int'l Sdn Bhd (SRC Int'l) 
• documents submitted by Singapore prosecutors revealed.

Eric Tan and Jho Low mentioned in earlier case related to 1MDB 
involving BSI's senior private banker Yak Yew Chee. 
Yak, private banker to Jho Low and 1MDB entities
S'pore frozen nearly S$10m in his accounts due to ongoing investigations 

intriguing details underscored "massive complexities" of 1MDB case 
S'pore investigators "working round clock without breaks" over past 8 weeks 
emerged during mention of case against BSI's Yeo Jiawei 
Spore's 2nd Solicitor-General Kwek Mean Luck slapped 7th charge against Yeo
for forgery to facilitate funds transferred into Eric Tan's firm.

Yeo fraudulenty signed letter to Citigroup with intention to mislead 

• earlier charge for concealing from BSI in 2013 
• that he would receive through Bridgerock Investment (a firm owned by Yeo) 
• a portion of fees paid to Pacific Harbor Holdings Ltd (PHHL) 
• dishonestly inducing BSI to enter into an agreement with PHHL.

Court documents revealed email by Terence to Yeo, copied to Nik, Yak and others
including managing director Yvonne Seah 
Yeo requested Nik to sign off and revert to proceed with subscriptions to US$12.2m

also letter signed by Nik on behalf of SRC Int'l M'sia 
acknowledging Pacific Harbor Global Growth advanced US$11.95m to Affinity Equity. 
Yeo signed letter declaring SRC Int'l M'sia the bank's client since 2011 
and that owner of company is M'sian Govt.

SRC Int'l M'sia, BVI registered almost identical to SRC Int'l which borrowed RM4b

Eric Tan's firm Affinity Equity Int'l Partners unrelated to Affinity Equity Partners, HK
one of largest dedicated Asian private equity firms.

SRC Int'l - funds were funnelled into bank account of Najib

SRC Int'l being probed by Swiss for misappropriation of US$4b

details emerged in court on Spore's probe into 1MDB 
Spore scrutinising 1MDB money trail of SRC Int'l.

new charge (against Yeo Jiawei) significant as it opens entirely new front 

moving closer to centre of complex web of cross-jurisdictional criminal transactions
closer to origins of money flows and principals that Yeo interacting with

Kwek granted by District Judge to further remand Yeo, in custody for 26 days.
Over last eight weeks, 18 witnesses interviewed, some on several occasions.
S'pore as leading financial centre takes responsibilities to stamp out and deter money laundering very seriously," Kwek submitted in his argument to further remand Yeo.

My comments : To the AG, IGP, MACC etc no need to bother with all these things that are coming out in the Singapore courts. 

 

The Singaporean investigators have been working non stop for eight weeks on these 1MDB related crimes. They have interviewed 18 witnesses. They have already charged three people in Court. This Yeo Jiawei character has just been hit with charghe No. 7 yesterday Thursday May 12,  2016.  

 

More is expected to come out from Singapore about all this. 

No need to worry lah. 

Its all in English. 

The kampong people will not understand any of it. 

Utusan Malaysia will not understand any of this.   

UMNO will not understand any of this.

 
Here is more: 

New charge against S'pore banker reveals SRC link to 1MDB saga
12 May 2016 

new charge levelled by S'pore against Yeo Jiawei reveal SRC Intl's link to 1MDB

Yeo charged with facilitating transfer of US$11.95m (RM48m) from SRC Int'l to Affinity Equity Int'l Partners, owned by Eric Tan Kim Loong.
 
WSJ previously reported Tan was owner of Tanore Finance 
the BVI entity that sent US$681 million to Najib's personal accounts.

WSJ reported that Tanore Finance was partial beneficiary of US$3.5b that 1MDB was supposed to pay Aabar Investments PJS but was diverted to a BVI company with similar name - Aabar Investments PJS Limited.

money from "wrong" Aabar Investments PJS Limited ended  up in Tanore Finance.

S'pore investigation reveals 1st link between SRC Int'l and 1MDB issue.

Previously SRC never directly linked to multi-million ringgit transactions by 1MDB 

Investigations have reached critical stage
Yeo slapped with first charge on April 16 for receiving ill-gotten funds.

April 28, another two charges perverting course of justice and cheating BSI Bank.

May 4 three charges for cheating BSI by dishonest concealment, transferring funds which represented his benefit from cheating and perverting the course of justice.