BOMBSHELL: NAJIB’S RM114 BILLION GRAND ‘LOOTING’ REVEALED
Here is the list of the RM114 billion of fraudulent deals planned and executed by Malaysian Prime Minister Najib Tun Razak, mainly for his and his wife Rosmah’s benefit.
Najib has also created a massive slush fund for UMNO/BN which was illegally used to buy votes and rig the 2013 elections, and which will also be deployed in the coming general election:
1. 2002 RM8 billion Scorpene Submarines contract – Corrupt commission and inflated cost of (at least) of which RM575 million was paid to Najib croney Abdul Razak Baginda involved in the 2006 Altantuya C4 murder – RM1 billion.
2. 2009-2015 – Money borrowed by 1MDB. 100% MoF owned 1MDB has debts of $53 billion. Its audited accounts for the year ended 31 March 2015 and 2016 are overdue by 21 and 9 months respectively. Najib, Chief Secretary to the Government Ali Hamsa and MoF Chief Secretary Irwan Serigar Abdullah are covering up fraud, embezzlement of state funds, money-laundering, abuse of power, looting, plundering and plain theft. RM42 billion.
3. 2014 money borrowed from government pensioners’ Kumpulan Wang Amanah Pencen (KWAP) and “invested” by 1MDB in dubious overseas coal-mining companies. Najib, Ali Hamsa and Serigar Abdullah have refused to provide investment details by hiding behind the Official Secrets Act! RM4 billion.
4. 2006 Pembinaan Private Finance Initiative (PPFI) money borrowed by MoF from EPF using fake government land leasing contracts. Najib, Ali Hamsa and Serigar Abdullah have refused to provide details of what this huge sum of money was used for and who actually received the money, by once again hiding behind the Official Secrets Act! RM30 billion.
5. November 2016 East Coast Railway Project cost inflated by Najib in a contract awarded without Open Tender to China CCC which is black-listed by the World bank for corruption and shoddy construction work. Najib plans to plug the huge hole in 1MDB’s balance sheet by robbing Peter to pay Paul. RM30 billion.
6. December 2016 Pan Borneo Highway PDP contract awarded without Open tender to Bustari Yusuf, Rosmah croney and brother of Public Works Minister Fadillah Yusuf – 15% of $30 billion = RM4.5 billion.
7. December 2016 Eagle High Plantation Holdings 37% minority stake proposed acquisition @173% premium in an Indonesian oil palm company by Felda. Eagle is owned by Najib and Rosmah’s croney Peter Sondakh! RM2.5 billion.
That adds up to a staggering RM114 billion! This does not include the looting in MRT, Double-Tracking Railway and other PMO controlled projects or the RM7.9 billion of Felda Global Venture Holdings shares book loss GLCs are sitting on!!! Of this, the EPF has confirmed it has sold of its entire holdings and so must have lost RM576 million!!! All of them were arm-twisted into buying those shares at inflated valuation by Najib in 2012.
Elsewhere, due to his bragging that he is a descendant of fearless Bugis warrior, Najib is mocked as Datuk Seri 1 Mappadulung Daeng Mattimung Karaeng Sandrobone Sultan Abdul Jalil’! Najib, like many of his fellow Cabinet members, suffer from selective amnesia, especially where it concerns their racial origins. He conveniently forgets that the Bugis who landed in Malaya in the 17th and 18th centuries were not the ‘fearless warriors’ of suspect legends, but cowards who did not have the guts to stay back and fight civil wars in their ancestral home in the Spice Islands of the Celebes (now re-named by Sulawesi)!
Najib, a proven racist, bigot and demagogue is still in office only because he has bought over the judiciary, attorney general, Inspector General of Police and top members of his coalition party, UMNO/BN, with the billions of ringgit he has looted. No one there has the courage, moral sense or integrity to expose and stop him, despite many professing to be very devout Muslims, Hindus, Buddhists and Christians
When Najib recently accused the Myanmar (Burma) government of genocide concerning the Muslim Rohingya, it had nothing to do with his sense of outrage over human rights issues. It was all about trying to hoodwink local Malay Muslims into thinking that they should unite under UMNO/PAS to stay in power.
That is the same reason why Najib and UMNO joined hands with PAS earlier this month to try (unsuccessfully) to Unconstitutionally ram a Hudud Bill through Parliament.
His and Umno’s championing of India’s fundamentalism Islam preacher Zakir Naik and his Islamic Research Foundation, now banned by India as an unlawful organization, has everything do with creating a siege mentality among local Malay Muslims. This is stupidity beyond belief. Naik was also banned from a lecture tour in UK in June 2016 for “unacceptable comments and behaviour”.
Malaysia offered sanctuary for 17 years to Indonesian Abu Bakar Bashir now convicted and serving a 15-year jail sentence in Indonesia for terrorism. Malaysian Malay Muslims have also been master bomb makers involved in the Bali and Jakarta suicide killings. Instead of respecting the Indian government which also announced that several charges were in the pipeline against Zakir Naik for radicalising youth and luring them into terrorist activities, Najib snubbed them. Naik has been allowed to enter Malaysia and move freely.
Where is Najib leading Malay Muslims to? The IGP announced in November that some 60 Malay Muslims had gone to fight alongside ISIL. Last week two foreign students of Mediu University based in Shah Alam were arrested on suspicion of being involved in ISIL terrorist activities. Mediu is a Arab initiated online Uni which has been accused of being an online degree mill! .
There is nothing that this leech Najib will not stoop to stay in office to rob the citizens blind and satisfy his wife Rosmah’s thirst for power and more bling!
It is our duty to stop Najib, Rosmah and their government of thieves, looters, racists, bigots and blood-sucking Draculas. We must pack them off to prison for life, like yesterday!