YOURSAY | ‘It may take years to nab the alleged crooks and unravel the extent of the damage.’
Roguekiller: I am really cheesed off with all these reports swirling around 1MDB, especially when international authorities are unable to close in to take substantive action.
It is talk, talk and continuously talking, but unable to take the bull by its horns. Come on, FBI (Federal Bureau of Investigation), Swiss OAG (Office of the Attorney-General), and those in Luxembourg, Singapore and Hong Kong.
Show us that you have substance. Otherwise, shut up!
Legit: Roguekiller is absolutely right. What are all these foreign financial regulators waiting for? Do they have any power to prosecute the alleged criminals in Malaysia or are they just letting out hot air?
The reputation of their countries and governments are being tarnished and dragged through the mud along with Malaysia's.
Take action on these alleged criminals running loose around the world, and who are digging their fingers in your eyes.
Kit P: The problem the foreign investigative authorities have is that both the origin and the ending of the suspected criminal funds movements are in Malaysia.
Unless the Malaysian government provides open, honest and unimpeded support to the investigations, very little progress is possible, and they will remain "suspected crimes".
Cogito Ergo Sum: From The Economist report, it appears that the entire government machinery is culpable.
Without the help of officialdom in Malaysia, foreign investigators will not be able to move. Documents, both electronic and paper trails, will simply go down the proverbial crack.
And they have to be dead accurate as it involves personalities at the very top. It may take years to nab the alleged crooks and unravel the extent of the damage.
Not Convinced: To be fair, at least Singapore has taken action.
Yeo Jiawei, a former wealth planner at the Singapore arm of Switzerland's BSI Bank, has been charged with money laundering following the city-state's investigation into 1MDB.
Hopefully, there will be more charges and indictments in the other countries which are investigating the matter. But don’t expect anything from our authorities.
Longviews: The Economist alleged that the investigations in Malaysia is "timid and stymied". It means that the whole investigative and enforcement machinery in the country is scared and subservient.
The statement is highly damaging and the government should sue The Economist or at least lodge a protest against the UK.
Beep!: Najib has put us on the global map. Why aren't his ministers cheering?
Negarawan: "If the Swiss banking system is misused for money laundering on a large scale, that puts it in a poor light," said The Economist.
Switzerland has not learned from the past. Switzerland served as a repository for Jewish capital smuggled out of Nazi Germany, and also for vast quantities of gold and other valuables plundered from Jews and others all over Europe.
Right up until the end of the war, Switzerland laundered hundreds of millions of dollars in stolen assets, including gold taken from the central banks of German-occupied Europe.
At the war's end, Switzerland successfully resisted Allied calls to restitute these funds, and in the Washington Agreement of 1946, the Allies contented themselves with acceptance of a mere 12 percent of the stolen gold.
Holocaust survivors and the heirs of those who perished met an implacable wall of bureaucracy and only a handful managed to reclaim their assets.
Jibtuya C4: The Economist, you are a Jewish-run publication out to slander the good name of Malaysia.
We are a sovereign country. You are an amateurish publication with no history and you are nothing compared to our prestige world-renowned, well-respected news agencies such as Bernama and Utusan Malaysia.
Anonymous 29051438068738: Muslim preacher Zakir Naik will argue that whatever PM Najib Razak did is fully supported by the Quran.
He will quote several verses to say that according to Islam, the talk of suspected “embezzlement”, “criminal mismanagement”, “forgery” and “money-laundering” is not wrong if done with a sincere heart.
Neither is it wrong to produce a semi-pornographic film in Kafirland.
JD Lovrenciear: Simply put, the supposed giver, the alleged taker, the suspected users (those who benefited) and the holder/facilitators (banks) of all these billions of dollars are guilty of theft.
What do the world's religions teach us about theft? What does our God-given conscience whisper each night we hit the sack?
Gaji Buta: Is it possible that the money allegedly siphoned off by Aabar Ltd ended up funding terrorists or IS? Isn't the Malaysian government concerned about this? --Mkini
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