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Monday, May 15, 2017

Group urges Malaysians to be plaintiffs in 1MDB-IPIC suit against PM Najib

A Pakatan Harapan Youth movement calling itself Gerakan Anakmuda Tolak Najib (GANT1) is urging Malaysians to become plaintiffs in a suit against Prime Minister Najib Abdul Razak.
In order to do so, members of the public are asked to ink the “rakyat's petition”, which can be downloaded from GANT1's Facebook page. The petition will also be distributed at the movement's public events.
GANT1, according to Parti Amanah Negara (Amanah) Youth deputy chief Faiz Fadzil, was established to oppose Najib's alleged misconducts.
As its first step, the group will take legal action against the prime minister and relevant quarters over the settlement between 1Malaysia Development Bhd (1MDB) and International Petroleum Investment Company (IPIC).
Faiz said a letter of demand would be issued this week and the case will be handled by lawyer Mohamed Haniff Khatri Abdulla's law firm.
This follows a memorandum submitted by Amanah Youth to the Prime Minister's Office in Putrajaya on May 4, in which the wing called on Najib to explain the 1MDB-IPIC settlement in 10 days.
“However, there has been no response from the prime minister. As citizens, we are disappointed with his regressive action,” Faiz told a press conference in Kuala Lumpur today.
He said since the 1MDB-IPIC settlement, which was reached between the two parties via an arbitration process, involved taxpayers' money, GANT1 believes that concrete action must be taken to prevent abuse.
Faiz added that this was vital, since US$3.5 billion (RM15.5 billion) was “fraudulently” paid to Aabar Investments PJS Ltd, incorporated in the British Virgin Islands (Aabar BVI).
“Ironically, no legal action was taken by the authorities against those involved in the misappropriation of the 1MDB funds,” he noted.
Faiz, who is a lawyer, said it would be a class action suit, aimed at defending the people's rights as taxpayers.

“This scandal is a threat to the nation's future because the debt would be shouldered by all of us.
“We also realised that taking legal action would involve high costs. So we appeal to Malaysians to assist us in terms of funds. Details on the transactions would continuously be revealed to the public,” he added.
The people can visit GANT1's Facebook page for latest updates on the matter.
Apart from Faiz, the others present during the press conference today were DAP Youth leaders Howard Lee, Young Syefura Othman, lawyer Haniff Khatri, former Umno division leader Khairuddin Abu Hassan, representatives from Parti Pribumi Bersatu Malaysia (Bersatu), Amanah Youth and Amanah women’s wing, as well as student representatives.- Mkini

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