`


THERE IS NO GOD EXCEPT ALLAH
read:
MALAYSIA Tanah Tumpah Darahku

LOVE MALAYSIA!!!





Thursday, October 10, 2019

Why Isnt Ambank Being Charged With Committing A Crime? Bank Negara Was Also Hiding Information.



AmInvestment was lead arranger and facility agent for fund-raising exercise
AmBank deliberately withheld information that JoLo companies bondholders 

Aktis Capital Singapore and Country Group linked to JoLo's bond-flip
bond flip reportedly made RM500 million profit
Shafee revealed that Country Group linked to Lo’s father


Najib’s ongoing 1MDB trial involves 25 criminal charges 

list of TIA bondholders provided by AmBank
Aktis Capital and Country Group — linked to JoLo — absent from list 


Shafee: Is it fair to say that Ambank Group purposely hid this fact from the board?
 

Lembu : Yes.


My comments  : They were all involved in this crime - in one way or another. Ambank obviously played a part in this stealing.  This Court testimony suggests that Ambank helped to cover up or hide information about this theft. Information which if it had been made known could have triggered the public curiosity and scrutiny much earlier.

There is one more outfit that needs to be mentioned and which is getting away scot free.

I am referring to Bank Negara Malaysia.

Any bond issue, especially one of this size (RM5 BILLION) must have required the approval of not only MoF (which was compromised - Najib was the Minister) but also the approval of Bank Negara Malaysia.

Only AFTER the Wall Street Journal broke the story on July 2nd 2015, 'authorities' raided the offices of 1MDB on July 8, 2015.




Then about FOUR MONTHS later circa 24th November 2015 Bank Negara "fined" Ambank RM53.7 MILLION.






However Bank Negara Malaysia never revealed to the public - until today - WHY and WHAT EXACTLY were the offences committed by Ambank which warranted that fine.

Bank Negara was also playing cover up. 

Bank Negara NEVER MENTIONED IF THAT RM53.7 MILLION FINE LEVIED AGAINST AMBANK WAS EVEN RELATED TO 1MDB.

In the light of the proximity to the 1MDB related events I can surmise that yes that RM53.7 million fine on Ambank was indeed related to 1MDB.

UNLESS BANK NEGARA MALAYSIA CAN CLEARLY STATE THAT NO IT HAD NOTHING TO DO WITH 1MDB.

EITHER WAY WHY IS BANK NEGARA ASSISTING IN THE COVER UP?
WHY IS BANK NEGARA WITHOLDING INFORMATION FROM THE PUBLIC?
CERTAINLY THESE ARE MATTERS THAT ARE OF GREAT PUBLIC INTEREST.

Only now, in the process of the 1MDB  trial, does the public get bits and pieces of what really went on.

There are plenty of rascals involved in this massive muck up.

The natives enjoyed being barefoot and naked.
 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.