BOMBSHELL – MORE ‘EVIDENCE’ EMERGES NAJIB’S 1MDB THEFT IS CLOSER TO US$20 BILLION, CLAIMS REPORT – AMID NEW ALLEGATIONS ABOUT CEPSA-COASTAL DEAL INVOLVING SHELL,

Sarawakreport raised a number of questions about 1MDB and CEPSA in 2015 that remain unanswered: 1MDB’s Aabar Connection – More Questions Over CEPSA’s Coastal Energy Buy Out With Jho Low

The CEPSA -Coastal Energy deal has been scrutinised and written about by this writer  in a number of articles:

Khadem al-Qubaisi and the Good Star commission: Najib’s role as PM, FM & chairman 1MDB in payment of illegal commissions to Khadem now a matter of public record

MACC needs to seize the Larry Low -Coastal Energy-CEPSA Petronas concession::Khadem al Qubaisi’s 15 year jail sentence makes it easier

In addition Sarawakreport raised a number of questions about 1MDB and CEPSA in 2015 that remain unanswered.

Against the backdrop of the above  come these allegations from a whistleblower website dedicated to Royal Dutch Shell Plc, which if true add weight to this writer’s contention that the quantum of the  1MDB theft is closer to USD 20 Billion. If true it raises the possibility that 1MDB funds were channelled via a China or Hong Kong entity to finance CEPSA’s acquisition of Coastal Energy, and possibly the expansion of Coastal’s business in Malaysia.

The Allegations:

Mega corruption allegations from an authenticated Shell whistleblower

Aug 10th, 2019

 by John Donovan.

As you know I claim that the Coastal-CEPSA deal involved many people in a massive bribery scheme to facilitate the transfer of the Shell oil concessions in the United Arab Emirates, into the hands of Chinese National Oil company CNOOC.

Mega corruption allegations from an authenticated Shell whistleblower

Hi John

There are important developments taking place in the 1MDB case that hopefully, little by little will bring the heat closer to Shell management.

(See WSJ article link)

Malaysia Charges Goldman Sachs Executives in 1MDB Scandal

For your information. Goldman raised $6.5 billion for 1MDB through three bond sales in 2012 and 2013. U.S. authorities allege that more than $4.5 billion went to fraudulent shell companies controlled by corrupt officials in Malaysia and Abu Dhabi. Goldman Sachs also advised on the deal to purchase Houston firm Coastal Energy on January 2014. Jho Low received a US$300 million kickback from Spanish oil company CEPSA one week after the deal was completed for brokering the deal.

As you know I claim that the Coastal-CEPSA deal involved many people in a massive bribery scheme to facilitate the transfer of the Shell oil concessions in the United Arab Emirates, into the hands of Chinese National Oil company CNOOC. The expiration of the UAE oil concessions took place simultaneously to the Coastal-CEPSA deal.

– http://realpolitikasia.blogspot.com