PAC Report censored sentence which says BNM determined that "Good Star was unrelated to PetroSaudi" !
My comments :
Now, even the Pak Unta are refusing to acknowledge their own anak haram. (see pic below)
Or to borrow the Super Moron's own language, the Pak Unta are refusing to acknowledge their own 'haramjadah'.
Bank Negara had determined separately that Good Star Limited WAS NOT a subsidiary of Petro Saudi.
This information was later included as part of the PAC Report.
And then the PAC's 'cari makan' chairman removed this finding by Bank Negara from the final PAC Report. Banyak cantik.
This is from today's The Australian. Truncated and edited for easy reading (I hope).
PetroSaudi goes silent on link to Malaysia’s Najib Razak
PetroSaudi refuses to confirm ownership of Good Star
insists “all funds invested by 1MDB made with approval of 1MDB board”
Saudi company at centre of corruption scandal refused to say if it owns Goodstar
after information confirming that it did not were removed from PAC report
PetroSaudi dodged questions from The Australian over ownership of Good Star
a Seychelles company it previously has claimed to own
after chairman PAC admitted removing references to ownership from report
censored sentence says BNM determined that Good Star was unrelated to PetroSaudi
Good Star received $US700m in 2009 from 1MDB meant for its PetroSaudi JV
“BNM informed voluntarily by authorities of that country that Good Star Limited is a company owned by an individual that has no links to the PetroSaudi Group,” it had read.
Good Star controlled by Jho Low
Low set up Petro Saudi/1MDB joint venture
PAC chairman Hasan admitted he removed sentence because “unclear”.
PetroSaudi and 1MDB have confirmed Good Star is subsidiary of PetroSaudi
said nothing amiss in diversion of $US700m (to Goodstar) intended for PetroSaudi
Another $US330m was paid to Goodstar by 1MDB in 2011
in an emailed response, lawyers for PetroSaudi, once part-owned by Prince Turki — refused to say whether it owned Good Star.
1MDB’s 2009 investment in PetroSaudi sparked concern, resignation of director.
PAC revealed 1MDB board had first demanded :
return of $US700m it said went to Good Star without its consent
independent evaluation of PetroSaudi Cayman’s $US2.7bn assets.
That demand was overruled by Najib himself.
BNM investigated deal and recommended charges against 1MDB
which AG has twice refused to do.
BNM retrospectively cancelled approvals for 1MDB to transfer US$1.83b
because BNM had been given “inaccurate information”
BNM ordered 1MDB to repatriate funds. 1MDB has not done so.
1MDB’s total investment in PetroSaudi was $US1.83bn (RM7.32b)
Speaking in Dubai, Dr Mahathir called on foreign governments and agencies investigating 1MDB for suspected misappropriation of as much as $US6bn to make public their findings.
“Inquiries that are kept secret are of no use to anyone,” said Dr Mahathir
“Being diplomatic isn’t going to help Malaysia or anyone else. They must recognise action needs to be taken and do what is necessary.” - http://syedsoutsidethebox.blogspot.my/
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