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Friday, November 2, 2018

‘RETURN THE MONEY & BE PREPARED TO FACE JUSTICE’ – GUAN ENG FLAYS 1MDB CROOKS, BUMPS UP FUNDING FOR MACC TO FIGHT GRAFT, WARNS IPIC & AABAR MALAYSIA WILL NOT PAY REMAINING RM1.8 BILLION DEBT – BUT IS SUING TO RECOVER RM1.5 BLLION ALREADY PAID OUT TO THEM

Lim: Malaysia is now clean again
6.20pm: Lim ends his 130-minute speech by highlighting the US Department of Justice’s charges against fugitive financier Jho Low and former Goldman Sachs executives Tim Leissner and Roger Ng.
“For the crooks who have stolen the people’s money, return the money and be prepared to face justice.
“Those who continue to support these crooks, apologise and resign from public office,” he adds to cheers from government lawmakers.
He says Malaysia is now “clean” again and urges those who have lost their way to return to the right path.
After the speaker ends the session, BN lawmakers stand up and wave their Economic Initiative document at Harapan lawmakers.
Government lawmakers retort by saying their document is “too small” and they should “prin
Putrajaya will no longer pay IPIC and Aabar
4.30pm: The government and 1MDB will not pay the remaining US$4.32 billion (RM 1.8  billion) debt to IPIC and Aabar but will instead demand the US$1.46 billion that had been paid to the company. t better placards”.
Someone from the opposition bench then shouts “Nobita, Nobita” in reference to the Japanese cartoon character of Doraemon fame, whom some critics have likened Lim to.
MACC gets big bump in funds
6.10pm: MACC’s funding will be increased by 18.5% to RM242.1 million because the graftbusting agency need to recruit an additional 100 people.
“MACC needs enough human resources to fight graft and money laundering in the public and private sector, as well as to recover assets,” says Lim.
Lim says the government will also work with foreign governments to retrieve the money which belongs to 1MDB, which have been seized.
Harapan MPs thump their tables in support.
4.25pm: Lim says the government will create a Debt Management Office that will review and manage the government’s debts.
It will also monitor debts issued by the government, statutory bodies, and special purpose vehicles.
MKINI

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