Noose From Singapore : US3 billion still went into BSI Bank lah.

This is from our Noose Correspondent in Singapore. 

All comes to those who wait, ceiling is crashing in folks, hanging by a few threads :)

WSJ update / stand by their report :

Goldman Sachs Group Inc. wired US$3 billion in proceeds from a March 2013 bond issued by Malaysia’s 1MDB to the state fund’s account in Switzerland at BSI SA. 

An earlier version of this article incorrectly stated the money was sent to 1MDB’s account at the private bank’s Singapore branch. (June 8, 2016)

MAS have done us all a favour, because Swiss AG is going to charge this part of the fraud the USD 3billion. Singapore will pick up some of the 3rd party transactions via Tanore and Falcon!

Then the Aabar US3.5bill

Then the Goodstar US1.6 bill

and KWAP/SRC 4 bill ringgit also?
 

WSJ and SR  clarified, it's still money into the VVVIP's personal account in AmBank. Tengku Shariffuddin Tengku Ahmad has been too quick off the mark, he should have waited or sought for clarification from WSJ or SR. Now its mud on his face. 

My comments :  The PMO guys should just explain to the UMNO boys what is Singapore prosecuting in their Courts beginning this June.  Or the Swiss Courts beginning just a bit later.  

Just explain to the UMNO boys why Singapore has just suspended the banking license of a 137 year old Swiss bank called BSI?  You mean they shutdown a Swiss bank because of Wall Street Journal's typing error ?

And also they have charged people in Court. A typo does not make a criminal case in Court.

Here is another mystery folks which I hope the news hounds can pick up. 

This whole thing began with the TIA. Terengganu Investment Authority which had RM3 billion and who had their office above a shophouse in Kuala Trengganu. The TIA became the 1MDB.

The 1MDB began with RM1 million paid up capital and RM43 billion borrowings. A gearing of 43,000 times. Unheard of since ever.  Ok Najib was crowing how clever he was - with RM1 million paid up, he could borrow RM43 billion. The UMNO morons fell for it.

But what happened to the TIA's original RM3 billion? Mana pergi?

This 1MDB is worse than the Titanic.  We know exactly how many people went down with the Titanic.

But we donot know exactly how many went down with this Bugis pirate ship.

Was it RM3 billion from TIA?

RM4 billion from KWAP?  (Why is KWAP keeping quiet?)

RM60 billion from 1MDB? (Principle plus interest)

Was it RM30 billion from PFI?

When Goldman Sachs did the bond issue for 1MDB, they priced it at 5.9%

Malaysian gomen guaranteed bond could easily be sold at 3.5% coupon.

This means Goldman Sachs (as primary underwriter of the bonds) made an easy 1.4% x US4 bill bond (another RM224 million). 

There must be a kickback from Goldman Sachs to someone. There is no way that Jho Low does not know how to calculate a bond pricing or a bond yield. There is no way they sold our country at 5.9% without getting some kickbacks.   

Never mind. All these things must be tracked down and all the crooks sent to jail. This will take years. These crooks will not be able to sleep at night for years.