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Wednesday, October 12, 2016

Where is SRC’s RM4b from Retirement Fund?

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YOURSAY | ‘When the time comes for their withdrawal of the pension fund, there may not be any money left.’
Odin Tajué: PM Najib Razak holds the title ‘Datuk Seri’. He has insulted and brought shame to the title, and thus rendered it worthless. And so does his deputy, Ahmad Zahid Hamidi. There is ‘Datuk Seri’ before his name. He, too, has rendered the title valueless.
Zahid, we will recall, allegedly lied. He said that he had met the donor, and next, he changed that to the representatives of the donor. He even claimed that he had seen a cheque for US$100 million. No one writes out a cheque for US$100 million.
Attorney-general Mohamed Apandi Ali holds an even higher title, ‘Tan Sri’. He too has insulted and brought shame to the title, and thus rendered it worthless. He allegedly blatantly lied in a press conference when he cleared Najib by pronouncing that the US$681 million was a donation from a member of the Saudi royal family.
But Apandi also cleared Najib of the tens of millions allegedly stolen from SRC International by saying that the latter was not aware that the money had come from that Finance Ministry-owned company. Only stupid people would say that.
And, of course, he held up charts that showed the money trail leading to Najib but was too stupid to realise that he had shown himself a participant in the massive cover-up. God, indeed, works in mysterious ways. Of course, if we don’t believe in the existence of an almighty, all-can-do supernatural being, then we can say that that act of Apandi’s was an illustration of poetic justice in action.
Which sultans have awarded these people the honorifics? Why have they not withdrawn the honorifics?
Saudi Foreign Minister Adel al-Jubeir is also allegedly a liar. First, he told the New York Times (NYT) in April this year that the money had come from a private Saudi citizen, and that it had gone into an investment in Malaysia. Next, he changed his story. The money was not an investment, he said now, but a ‘genuine donation’. When he was outed after that, he would not respond to NYT’s query.
But the dragnet is closing in. Slowly but surely. Some people definitely cannot sleep well these days. And you know what? No amount of age-retarding serum can stop the wrinkles from appearing on your face when you have insufficient sleep, and your mind tormented by the prospect of sleeping in a tiny cell, wearing pyjamas with horizontal stripes (or are they solid purple?), and treated like a common criminal.
May they all have a restive sleep till they are thrown into the clink - and rot there.
Tell the Truth: It looks like members of the KWAP (Retirement Fund Inc) are quite happy that SRC took RM4 billion loan from their fund and now not able to locate it. Are they idiots or what?
When the time comes for their withdrawal of the pension fund, there may not be any money left. Yet they are still waving banners saying ‘We love PM’. Wake up! What are your leaders in the KWAP doing? ‘Makan dedak juga’?
Anonymous 1890491455255851: The owners of the Falcon Bank are Arabs, right? So is that how they came up with the idea of an Arab donation?
I also recall how that so-called letter from the so-called Arab prince saying that he was donating this huge amount of money and that the money had to go through various companies and banks before it arrived at its intended destination. Many laughed at this as it was so evident it was written to try and create a cover for the PM.
Indeed, it didn't make any sense. Why not just give the money directly? And we can now see how this money was in fact “laundered” and Falcon Bank allegedly assisted this act.
What is astounding is the PM's Office can remain silent on this revelation when it owes the country an explanation, as would any leader of a democratic nation.
Anonymous 29051438068738: It should now be amply clear to the alleged thieves and their co-conspirators in this regime, the civil service, the GLCs (government-linked companies) and the Umno-compromised banks that even if the moral and intellectual pygmies swaying to the constant hum of "demi bangsa dan agama" choose to ignore the crime, the rest of the world will not.
In the words of Viktor Wolfe, "...with this constant stimulation, the damn thing would never go limp on its own".
Negarawan: The Swiss authorities need to act more swiftly and decisively in matters concerning 1MDB.
Currently, they are too soft and slow to act. They have not been firm and resourceful enough in extraditing 1MDB whistleblower Andre Xavier Justo from Thailand, leaving him at the mercy of corrupt Thai authorities.
Switzerland must be bold enough to take legal action against the 1MDB perpetrators, and not be seen by the international community as legally and politically impotent.
Anonymous 759201436321741: The way the Swiss Financial Market Supervisory Authority (Finma) goes about closing in on the 'kill' is akin to an expert deep sea professional sport fisherman using the line to pull in the catch and then let the prey runs it (line) and repeat the sequence until the prey finally tires itself (from exhaustion, fear, paralysis - you name it).
The finale is definitely worth waiting.
1Citizen: The recent recovery of cash (RM53 million?) in Sabah corruption case gives an idea what that amount of cash looks like, taking hours to count. Imagine RM2.6 billion!
Why cash? May be for elections? We wonder.
Anonymous 2415891461978791: The "Saudi donation" lie has been thoroughly exposed. The US$620 million "returned" went back into the web of offshore shell companies created by the alleged scammers. All this has been exhaustively documented.

JD Lovrenciear: A nation's reputation comes before saving necks of individuals. The citizens' honour and rights come before trying to save any political party or sovereign wealth creation entity. But not so in the case of Malaysia. -Mkini

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