1MDB monies still within the Singapore banking system - By Ganesh Sahathevan

 

The following has been written by Ganesh Sahathevan here.  (I have edited slightly).

Lee Hsien Yang was a director of A_Z when it served as Bossku's primary conduit for money stolen from 1MDB - Hsien Yang's 1MDB allegations cannot be ignored

CNA has reported:

Mr Lee Hsien Yang is turning a “personal vendetta” into an international smear campaign “against his father, his family and his country", said the Singapore government on Thursday (Oct 31) after the son of the country's founding prime minister gave another media interview - the second in slightly over a week - criticising it.

In his interview, Mr Lee Hsien Yang cited examples of alleged corruption including the billion-dollar money laundering case and the 1Malaysia Development Berhad (1MDB) corruption scandal.

“All the examples of alleged corruption that Lee Hsien Yang cites have been thoroughly addressed, either through the courts or in parliament,” said the government.

https://www.channelnewsasia.com/singapore/lee-hsien-yang-ap-interview-personal-vendetta-smear-campaign-4715316


However, Lee Hsien Yang was a director of A_Z , the primary conduit for Bossku's 1MDB theft at the relevant time. His allegations with regards 1MDB cannot be ignored, and it can now be assumed that there remains within the Singapore banking system 1MDB monies that should be repatriated to Malaysia but have not.

https://lnkd.in/gGF9EjVU

See :     A_Z chairman D---d G----i and board oversaw the movement of money from 1 MDB via Bossku's accounts; Hsien Yang's presence raises questions about Singapore's inaction

https://lnkd.in/gHPV_cEM

The views expressed are those of the writer and do not necessarily reflect those of MMKtT.