Former prime minister Najib Abdul Razak’s rebuttal that his children never worked for the investment bank Goldman Sachs missed the point regarding such allegations, said Semambu assemblyperson Lee Chean Chung.
He said the mere act of Najib taking advantage of his position to lobby for those jobs constituted an abuse of power.
“Even if Najib’s children did not ultimately land jobs in Goldman Sachs, it has been established that (former Goldman Sachs South Asia chair Tim Leissner) had introduced Najib's youngest daughter (Nooryana Najwa Najib) to TPG Capital in Hong Kong.
“Let's be clear that 1MDB is a failed public entity which wasted billions of rakyat’s dollars.
“Using 1MDB's big bond deals, the fund-raising process of which is itself questionable, to seek favours at a 2009 meeting with former Goldman chief Lloyd Blankfein for his own children is legally and morally corrupt,” the PKR treasurer-general said in a statement today.
Yesterday, Leissner testified at a New York court about a meeting between him, Blankfein, and Najib in 2009.
In return for the lucrative 1MDB business, jobs would be secured for Najib’s three children at the US multinational investment bank.
However, the bank’s government relations department would not support this due to the sensitivity involved in hiring government-connected children, and Leissner said he ultimately tapped his other connections to secure a job for Nooryana at TPG.
Earlier today, Najib responded to media reports of the hearing by saying that none of his children worked at Goldman Sachs.
“That's (supposed to be) job offers, OK? Not offers for projects or bribe money,” wrote Najib on Facebook.
However, Najib conceded that Leissner did introduce Nooryana to a “junior position” at TPG, where she worked for a year. - Mkini
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