No matter who becomes US President on November 20, there would be no respite for Malaysia on various issues which have set alarm bells ringing from London and Canberra to Washington as the integrity of the international financial system comes under scrutiny.
GENEVA -It appears that Malaysia has suddenly got into the bad books of Washington. The "bad books" scenario is unlikely to change in the immediate run no matter who becomes POTUS (President of the United States) on November 20.
“The same people who are now at the National Security Agency (NSA), Central Intelligence Agency (CIA) and the Federal Bureau of Investigations (FBI) CIA will be providing intelligence to the US President,” said Geneva and Moscow based Investment Banker Pascal Najadi who was previously in Malaysia.
The bad books syndrome was not simply due to Prime Minister Najib Abdul Razak being caught with his pants down as a kleptocrats and money launderer, he added. “Normally, the US doesn’t pay too much attention to small nations like Malaysia.”
"This time, it's seizing and forfeiting assets which were stolen from 1MDB and laundered through the international financial system."
The proverbial straw that broke the camel's back was Malaysia’s involvement in compromising the integrity of the US and international financial system, and it playing "footsie" with China especially on the South China Sea. Manila is not happy with Malaysia on the South China Sea, among other issues.
Also, said Najadi, lawmakers in the US, UK and Australia have complained that Malaysia’s involvement has affected property prices in those nations in particular.
This time, he continued, the US has also belatedly realized that much more was going on in Malaysia than the alleged shenanigans at the trouble-stricken state-owned 1MDB, capitalized at RM1 million, which ran up RM55 billion in debts with six years to add to the national debt burden under "off budget" items.
Najadi thinks that it’s Malaysia’s past as well which has caught up with it in the present to haunt its future in a world where Washington calls the shots at the World Bank, IMF and several international bodies. “The Americans have long known that Malaysia has in fact been operating as a sort of ‘glamorous’ communist state when in fact it was apartheid, Nazism, fascism, the evil caste system, and the murderous Islamic State (IS) all rolled into one.”
"Consequently It (Washington DC) can no longer turn a blind eye." Najadi concluded.
Washington has also since taken note that Najib was not the only one plundering the Public Treasury, said Najadi. “All the politicians before him have been doing it as well. This has given the US Attorney General (AG) and the Department of Justice (DoJ) a massive headache.
He warned that the integrity of the US and international financial system was at stake.
After 1MDB and Najib, the Investment Banker predicts the Americans will have to go after all the other culprits in Malaysia who had been raiding the Public Treasury even before the SWIFT and IBAN international banking codes were introduced in the wake of 911.
Elsewhere, alleged Najadi, there are also security matters like Malaysia “poking its nose” in the southern Philippines – Manila finally complained – South Thailand, Aceh, Fiji, South Africa, the Gaza Strip and the West Bank, Bosnia-Herzegovina and Kosovo and “playing footsie with China especially on the South China Sea”.
The latest US State Dept Report also refers, pointed out Najadi. “There has been systematic violation of human rights including on freedom of worship and political assassinations like that of a Mongolian model, a public prosecutor working on the 1MDB Scandal, and Arab Malaysian Bank Founder Hussain Najadi."
The country stands accused on executive interference in the Judiciary, people smuggling, human trafficking, drug trafficking, violation of labour rights, gun running, extra-judicial killings, deaths in police custody, torture, lack of clean, free and fair elections, violation of civil liberties, repressive legislation under the guise of fighting terrorism and the issue of the legitimacy of Malaysia in Borneo, summed up the Investment Banker who is the son of Hussain Najadi.
Najadi & Partners
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