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Monday, February 27, 2017

BOMBSHELL – WORLD BANK CORNERS NAJIB & ROSMAH: DATA SHOWS 1MDB LOSSES ALMOST US$20BIL, TRACKS 1MDB THEFT TO LARGEST-EVER LEAKAGE FROM M’SIAN FINANCIAL SYSTEM

1MDB -WAS THE LOSS TO MALAYSIA CLOSER TO USD 20 BILLION? BALANCE OF PAYMENT FIGURES SHOW CORRELATION BETWEEN 1MDB THEFT AND LARGEST EVER LEAKAGE FROM THE MALAYSIAN FINANCIAL SYSTEM
The value for Net errors and Omissions in the Balance Of Payments (BoP, current US$) in Malaysia has fluctuated between $3,552,316,000 in 1993 and ($19,990,770,000) in 2010.
The “Errors and Omissions” figure is considered a proxy for “unofficial” or rather unaccountable flows of foreign exchange out of the country.
2009 and 2010 were of course the years when much of the 1MDB theft took place, and it does appear as if that massive unaccounted flow of US Dollars has shown up in the Balance of Payments.

Net errors and omissions (BoP, current US$)

International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
License: Open
1980198519901995200020052010Billion-18-16-14-12-10-8-6-4-202MALAYSIA
Malaysia (2010)
-19.991 Billion
1976 – 2014

Overview per country

Country
1976 (thousand)
2014 (thousand)
Malaysia
-300,207.55
-1,852,336.99
– http://sahathevan.blogspot.my

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