Son
of murdered AmBank founder, the late Hussain Najadi, wrote about the
connection between his father’s death and traces of corruption among
Malaysian political leaders.
This article was originally published under the title of Quo vadis Malaysia on July 4, 2015.
Prime Minister Datuk Seri Najib Razak has been urged to answer to the latest allegations reported in the Wall Street Journal today that investigators have found links between the scandal ridden 1MDB and the PM’s bank accounts.
1. He Brought Up The Halted Investigations of His Father’s Death In 2013
Source | ABP Live
Written by Pascal Najadi, the Malaysian Chronicle article stated that:
My late father Hussain Najadi, the founder of AM Bank Group, Malaysia’s fifth largest bank, was brutally assassinated on July 29, 2013 in Kuala Lumpur in broad daylight, the investigation and police work on finding the masterminds stopped long time ago back in 2013.
We, as a family in fear of our wellbeing, left Malaysia early 2014 for good, sold all our assets and now feel safe in Switzerland and the Russian Federation. And so on and so forth.
Pascal Najadi is the founder president of the international private Swiss merchant banking advisory firm A.S. Najadi & Partners.
2. Who Is Hussain Najadi?
Source | The Star
Hussain was the founder of the AmBank group, where PM Najib Razak is alleged to have opened a personal bank account, into which some RM2.6 billion was illicitly channeled, according to the WSJ.
Razak is regarded widely as been a thorough honest man, died not rich and my late father dealt with him when helping to develop post-British ruled Malaysia back then by founding the Arab-Malaysian Development Bank in 1974 – today’s fifth largest bank, AmBank Group.
Ironic, epic, is the fact that my late father founded that bank with the blessings of Tun Razak in 1974. Bank Negara then being the majority shareholder with my father bringing it in the early 1980s to the public via the Kuala Lumpur stock exchange and today, the corruption money of Najib being uncovered in the media on private accounts held by him with AmBank.
Karma was at heavy duty work.
2. Allegedly, Malaysian Investigators Have Traced Nearly $700 million of Deposits
Source | WSJ
The Wall Street Journal reported that:
Malaysian investigators scrutinizing a controversial government investment fund have traced nearly $700 million of deposits into what they believe are the personal bank accounts of Malaysia’s prime minister, Najib Razak, according to documents from a government probe.
The documents was said to have proved movement of cash among government agencies, banks and companies linked to 1MDB before it ended up in Najib’s personal accounts.
They also claim that original source of the money is unclear and the government investigation doesn’t detail what happened to the money that went to his personal accounts.
According to WSJ, the investigation documents mark the first time Najib has been directly connected to investigation into the troubled state investment fund.
Investigators have identified five separate deposits into Najib’s accounts that came from two sources, according to the documents viewed by the Journal.
This article was originally published under the title of Quo vadis Malaysia on July 4, 2015.
Prime Minister Datuk Seri Najib Razak has been urged to answer to the latest allegations reported in the Wall Street Journal today that investigators have found links between the scandal ridden 1MDB and the PM’s bank accounts.
1. He Brought Up The Halted Investigations of His Father’s Death In 2013
Source | ABP Live
Written by Pascal Najadi, the Malaysian Chronicle article stated that:
My late father Hussain Najadi, the founder of AM Bank Group, Malaysia’s fifth largest bank, was brutally assassinated on July 29, 2013 in Kuala Lumpur in broad daylight, the investigation and police work on finding the masterminds stopped long time ago back in 2013.
We, as a family in fear of our wellbeing, left Malaysia early 2014 for good, sold all our assets and now feel safe in Switzerland and the Russian Federation. And so on and so forth.
Pascal Najadi is the founder president of the international private Swiss merchant banking advisory firm A.S. Najadi & Partners.
2. Who Is Hussain Najadi?
Source | The Star
Hussain was the founder of the AmBank group, where PM Najib Razak is alleged to have opened a personal bank account, into which some RM2.6 billion was illicitly channeled, according to the WSJ.
Razak is regarded widely as been a thorough honest man, died not rich and my late father dealt with him when helping to develop post-British ruled Malaysia back then by founding the Arab-Malaysian Development Bank in 1974 – today’s fifth largest bank, AmBank Group.
Ironic, epic, is the fact that my late father founded that bank with the blessings of Tun Razak in 1974. Bank Negara then being the majority shareholder with my father bringing it in the early 1980s to the public via the Kuala Lumpur stock exchange and today, the corruption money of Najib being uncovered in the media on private accounts held by him with AmBank.
Karma was at heavy duty work.
2. Allegedly, Malaysian Investigators Have Traced Nearly $700 million of Deposits
Source | WSJ
The Wall Street Journal reported that:
Malaysian investigators scrutinizing a controversial government investment fund have traced nearly $700 million of deposits into what they believe are the personal bank accounts of Malaysia’s prime minister, Najib Razak, according to documents from a government probe.
The documents was said to have proved movement of cash among government agencies, banks and companies linked to 1MDB before it ended up in Najib’s personal accounts.
They also claim that original source of the money is unclear and the government investigation doesn’t detail what happened to the money that went to his personal accounts.
According to WSJ, the investigation documents mark the first time Najib has been directly connected to investigation into the troubled state investment fund.
Investigators have identified five separate deposits into Najib’s accounts that came from two sources, according to the documents viewed by the Journal.
Son
of murdered AmBank founder, the late Hussain Najadi, wrote about the
connection between his father’s death and traces of corruption among
Malaysian...
greatermalaysia.com
Related Article... (Ojay Khoo)
Nota: Ia berlaku 4 bulan sebelum pengasas Am-Bank dibunuh (Julai, 29 2013) - seminggu sebelum pilihanraya umum - Elias.
Related Article... (Ojay Khoo)
Shameless Pariah,
NO MALU IN THE FACE OF THE WORLD, SUCH iGNOMINY....
Malaysia’s Prime Minister Najib Razak, has come under pressure to quit after claims that nearly $US700 million ($932 million) was paid into his personal bank accounts from a government investment fund.
He has denied the allegations, calling them “political sabotage”.
NO MALU IN THE FACE OF THE WORLD, SUCH iGNOMINY....
Malaysia’s Prime Minister Najib Razak, has come under pressure to quit after claims that nearly $US700 million ($932 million) was paid into his personal bank accounts from a government investment fund.
He has denied the allegations, calling them “political sabotage”.
According to The Wall Street Journal, the money was paid from accounts
connected to 1Malaysia Development Berhad (1MDB), an investment fund
founded and run by Mr Najib which in the six years of its existence has
accumulated more than $US11 billion of debt.
Mr Najib was already under pressure over the failures of 1MDB.
The claims made by The Wall Street Journal were also carried by the Sarawak Report, a campaigning website.
They cited documents supplied by Malaysian government investigators revealing five deposits allegedly made into accounts in Mr Najib’s name.
The biggest payments, of $US620 million and $US61 million, were made in March 2013, weeks before a general election.
Another payment of $US11.1 million allegedly came from an energy company owned by Malaysia’s finance ministry. Mr Najib also serves as the country’s finance minister.
The money was allegedly channelled through a company in the British Virgin Islands and a Swiss bank owned by the Abu Dhabi government, which has invested in 1MDB.
Mahathir Mohamad, Malaysia’s longest-serving prime minister and a commanding figure even at the age of nearly 90, is campaigning for the resignation of his former protege in the most personal terms.
He has denounced the “extravagant” lifestyle of Mr Najib’s wife, Rosmah Mansor, and has raised questions about the Prime Minister’s alleged links after the murder of a Mongolian model by two of his former police bodyguards in 2006. He has also demanded a full inquiry into the accounts of 1MDB.
A member of the opposition party, said yesterday that Mr Najib should step aside as prime minister and order a full investigation into the allegations.
“In order to protect whistleblowers and allow a free and independent investigation, he cannot hold the post of prime minister,” he said.
“He must set himself aside; it would show that he is confident of his innocence. If he refuses, there will be suspicion that someone is trying to cook the books.”
Mr Najib’s party, United Malay National Organisation, has governed Malaysia since its independence in 1957, but its popularity and majority have declined steadily in recent years.
The Times
Mr Najib was already under pressure over the failures of 1MDB.
The claims made by The Wall Street Journal were also carried by the Sarawak Report, a campaigning website.
They cited documents supplied by Malaysian government investigators revealing five deposits allegedly made into accounts in Mr Najib’s name.
The biggest payments, of $US620 million and $US61 million, were made in March 2013, weeks before a general election.
Another payment of $US11.1 million allegedly came from an energy company owned by Malaysia’s finance ministry. Mr Najib also serves as the country’s finance minister.
The money was allegedly channelled through a company in the British Virgin Islands and a Swiss bank owned by the Abu Dhabi government, which has invested in 1MDB.
Mahathir Mohamad, Malaysia’s longest-serving prime minister and a commanding figure even at the age of nearly 90, is campaigning for the resignation of his former protege in the most personal terms.
He has denounced the “extravagant” lifestyle of Mr Najib’s wife, Rosmah Mansor, and has raised questions about the Prime Minister’s alleged links after the murder of a Mongolian model by two of his former police bodyguards in 2006. He has also demanded a full inquiry into the accounts of 1MDB.
A member of the opposition party, said yesterday that Mr Najib should step aside as prime minister and order a full investigation into the allegations.
“In order to protect whistleblowers and allow a free and independent investigation, he cannot hold the post of prime minister,” he said.
“He must set himself aside; it would show that he is confident of his innocence. If he refuses, there will be suspicion that someone is trying to cook the books.”
Mr Najib’s party, United Malay National Organisation, has governed Malaysia since its independence in 1957, but its popularity and majority have declined steadily in recent years.
The Times
Malaysia’s
Prime Minister Najib Razak, has come under pressure to quit after
claims that nearly $US700 million ($932 million) was paid into his
personal bank accounts from a government investment fund.
theaustralian.com.au
Nota: Ia berlaku 4 bulan sebelum pengasas Am-Bank dibunuh (Julai, 29 2013) - seminggu sebelum pilihanraya umum - Elias.
