MORe and more THUNder-claps are heard, and when one cometh from ACROSS THE CAUSEWAY, PLEASE TAKE SPECIALNOTE, BECAUSE DOWN there/dare, the GOVERNMENT BROOKS NO NONSENSE, HENCE THEY -- not endowed with much natural resources except for HUMAN BRAIN POWER -- are FIRST WORLD, AND WE the northern neighbour rich with all the natural resources are descending into THIRD WORLD STATUS.
SAVE For some gems, I will only CUT&PASTry, mostly from the sundaily.com the headlines and opening paras OK! BECAuse some thunder claps may be misleading us there is a storm ahead when the lightning that follows are UMNO-OH-NO! Inspired.
FROM page 1, HEADLINES:
WANTED by MACC
Probe team wants to contact
three prominent businessmen
, including Jho Low,
who cannot be located
>> Tony Pua, Rafizi and the Edge Owner
barred from leaving country
>> Another director of
1MDB-linked firm
remanded
>> Singapore freezes two
bank accounts
>>> PAGE 3:~~
Thu, Jul 23, 2015
Tony Pua barred from leaving the country
Posted on 22 July 2015 - 05:40pm
Last updated on 23 July 2015 - 08:41am
Last updated on 23 July 2015 - 08:41am
KUALA LUMPUR: Two opposition MPs and The Edge media group owner Datuk Tong Kooi Ong have been barred from leaving the country.
Petaling Jaya Utara MP Tony Pua who was scheduled to fly to Jogjakarta said he was shocked to learn he was not allowed to leave the country. The other barred MP is Rafizi Ramli (Pandan).
Speaking at a press conference, he said he was stopped by two immigration officers at the immigration counter who informed him that he is not allowed to leave the country following instructions from "above".
"No apparent reason was given to me but they did inform me that I can go to the Home Ministry's security division and appeal about the barring.
"I was not informed by any party about the barring prior to this nor was I called up by any authority to assist in any investigation," he said.
Pua believes that it this could be the result of him being critical about the ongoing 1Malaysia Development Berhad (1MDB) fiasco.
Pua then revealed that he is looking at the possibility of filing a suit against the government for denying his rights.
Asked if he has met either former PetroSaudi executive Andre Xavier Justo or former Sarawak Tribune editor Lester Melanyi, Pua dismissed the claim and stressed he had no knowledge about both individuals prior to all the recent incidents.
"I, however, have met Sarawak Report editor-in-chief Clare Rewcastle Brown several times – in Singapore, in London and even Malaysia – but I certainly have not met Justo or Lester before," he said.
Rafizi, who is also a PKR vice-president said he found out about his status after checking the official Immigration Department website, which displayed the similar status with that of Pua.
"I was informed by Pua that he was barred from leaving the country this afternoon for his involvement in the 1MDB issue.
"Following that, I checked my status on the website and found that I was similarly blacklisted. Therefore, I suspect I am barred as well from leaving the country," he said in a statement yesterday.
It was learnt that Tong had also been blacklisted by the department and barred from leaving the country.
The company publishes The Edge Financial Daily and The Edge Weekly, and has been issued a show-cause letter by the Home Ministry for its coverage of the 1MDB controversy.
PAGE 3:~~PARtial shortened report sighted in PRINT COpy; here follows the longer version at sun online sourced REUTERS:~~~
SINGAPORE: Singapore Police Force has frozen
two bank accounts to help with an investigation in to the troubled
state-owned investment fund 1MDB, which is being probed by authorities
in Malaysia for financial mismanagement and graft.
"On July 15, 2015, we issued orders under the Criminal Procedure Code to prohibit any dealings in respect of money in two bank accounts that are relevant to the investigation," Singapore police said in a statement on Wednesday.
It did not identify the banks or the accounts in question because the investigation is continuing.
A 1MDB spokesman declined to comment.
The freezing of the Singapore bank accounts follows a similar move in Malaysia where a special task force investigating 1MDB said earlier this month that it had frozen half a dozen bank accounts following a media report that nearly US$700 million had been transferred to an account of Prime Minister Najib Abdul Razak.
The Wall Street Journal reported on July 3 that investigators looking into 1MDB had traced close to US$700 million of deposits moving through Falcon Bank in Singapore into personal bank accounts in Malaysia belonging to Najib.
Reuters has not verified the WSJ report.
Najib has denied taking any money for personal gain and said the corruption allegations are part of a malicious campaign to force him out of office. A spokesman for Najib could not immediately be reached for comment on the Singapore bank accounts.
Singapore's central bank has also said it is in contact with financial institutions in relation to the 1MDB probe and Falcon Bank has said it is co-operating with them on their enquiries.
On Tuesday, the Monetary Authority of Singapore (MAS) said it is looking into whether banks followed rules on properly identifying customers and their sources of funds and on reporting suspicious transactions.
"We're actually looking back to see if they have done all these things," MAS managing director Ravi Menon told a news conference following the release of the bank's annual report.
He said banks are cooperating with the MAS, but warned that if any bank is found wanting it will face action.
"If the breach is a serious one, the action taken will be a serious one." – Reuters
DESIDERATA: NOTES luckily we have FOREIGN NEWS organisations such as WALL STREET JOURNAL FOCusing on the 1MDB ISSUE, otherwise the local MSM WOUld not have covered it so widely!
OF Course, we must be grateful that ex-PM DR MAHathir MOHamad had included into the BILLofGUARANTEES for MULTIMEDIA SUPERCORRIDOR (MSC) that the Internet would NOT BE CENSORED!
*********************
A Surprise LIGHTNING STRIKE -- ala CIMB CHIEF NAZIR RAZAK'S previous call on whole 1MDB BOard to RESIGN! -- cometh from the PARliamentary PUBLic ACCounts COmmittee chairman, via themalaysianinsider.com:~~~
Public Accounts Committee (PAC) chairman
Datuk Nur Jazlan Mohamed says the top executives, directors and auditors of
government-owned 1Malaysia Development Berhad (1MDB) should be blamed for the
firm’s muddled financial state. – The Malaysian Insider pic,
Public
Accounts Committee (PAC) chairman Datuk Nur Jazlan Mohamed says the top
executives, directors and auditors of government-owned 1Malaysia
Development Berhad (1MDB) should be blamed for the firm’s muddled
financial state. – The Malaysian Insider pic, July 23, 2015.The
top executives, directors and auditors of government-owned 1Malaysia
Development Berhad (1MDB) should be blamed for the firm’s muddled
financial state, Datuk Nur Jazlan Mohamed said in a report today by The
Business Times.
The Public Accounts Committee (PAC) chairman told the Singapore business daily the management, board and the auditors should shoulder a major part of the blame.
“There were weaknesses in the governance and I wish the auditors had played their part to flag issues earlier for corrective action.”
“People have a reason to worry that more public money will need to be committed to solve 1MDB's financial situation,” said Nur Jazlan in the report. 1MDB has come under the public scrutiny mainly because of the whopping RM42 billion debt within just six years of it being set up.
The firm has not been able to generate enough earnings to service its debts, raising public concerns over some of its debt papers issued with the government’s letter of support.
1MDB is currently the subject of inquiry by a number of authorities, including the auditor-general, Bank Negara, police and the bipartisan parliamentary Public Accounts Committee.
The task force consists of Attorney-General Tan Sri Abdul Gani Patail, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz, Inspector-General of Police Tan Sri Khalid Abu Bakar and Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Abu Kassim Mohamed.
The task force has so far arrested the managing director of Ihsan Perdana Sdn Bhd and a board member of a construction firm linked to SRC International over alleged connections to the state-owned firm. – July 23, 2015. - See more at:
http://www.themalaysianinsider.com/malaysia/article/weak-1mdb-corporate-governance-cause-for-concern-says-nur-jazlan#sthash.1TgIHDl5.dpuf
Petaling Jaya Utara MP Tony Pua who was scheduled to fly to Jogjakarta said he was shocked to learn he was not allowed to leave the country. The other barred MP is Rafizi Ramli (Pandan).
Speaking at a press conference, he said he was stopped by two immigration officers at the immigration counter who informed him that he is not allowed to leave the country following instructions from "above".
"No apparent reason was given to me but they did inform me that I can go to the Home Ministry's security division and appeal about the barring.
"I was not informed by any party about the barring prior to this nor was I called up by any authority to assist in any investigation," he said.
Pua believes that it this could be the result of him being critical about the ongoing 1Malaysia Development Berhad (1MDB) fiasco.
Pua then revealed that he is looking at the possibility of filing a suit against the government for denying his rights.
Asked if he has met either former PetroSaudi executive Andre Xavier Justo or former Sarawak Tribune editor Lester Melanyi, Pua dismissed the claim and stressed he had no knowledge about both individuals prior to all the recent incidents.
"I, however, have met Sarawak Report editor-in-chief Clare Rewcastle Brown several times – in Singapore, in London and even Malaysia – but I certainly have not met Justo or Lester before," he said.
Rafizi, who is also a PKR vice-president said he found out about his status after checking the official Immigration Department website, which displayed the similar status with that of Pua.
"I was informed by Pua that he was barred from leaving the country this afternoon for his involvement in the 1MDB issue.
"Following that, I checked my status on the website and found that I was similarly blacklisted. Therefore, I suspect I am barred as well from leaving the country," he said in a statement yesterday.
It was learnt that Tong had also been blacklisted by the department and barred from leaving the country.
The company publishes The Edge Financial Daily and The Edge Weekly, and has been issued a show-cause letter by the Home Ministry for its coverage of the 1MDB controversy.
Related articles
- Retract and apologise or be sued, Tony Pua tells Lester
- Home Ministry: Action will be taken against The Edge for 'menguli fakta' on 1MDB and PetroSaudi
- The Edge gets show-cause letter
- Rafizi: Attempts to clamp down 1MDB will result in Umno being buried in GE14
- Investigations on Justo will establish the truth over 1MDB issue
PAGE 3:~~PARtial shortened report sighted in PRINT COpy; here follows the longer version at sun online sourced REUTERS:~~~
Thu, Jul 23, 2015
Singapore police freeze two bank accounts linked to 1MDB
Posted on 22 July 2015 - 11:29am
Last updated on 22 July 2015 - 02:44pm
Last updated on 22 July 2015 - 02:44pm
"On July 15, 2015, we issued orders under the Criminal Procedure Code to prohibit any dealings in respect of money in two bank accounts that are relevant to the investigation," Singapore police said in a statement on Wednesday.
It did not identify the banks or the accounts in question because the investigation is continuing.
A 1MDB spokesman declined to comment.
The freezing of the Singapore bank accounts follows a similar move in Malaysia where a special task force investigating 1MDB said earlier this month that it had frozen half a dozen bank accounts following a media report that nearly US$700 million had been transferred to an account of Prime Minister Najib Abdul Razak.
The Wall Street Journal reported on July 3 that investigators looking into 1MDB had traced close to US$700 million of deposits moving through Falcon Bank in Singapore into personal bank accounts in Malaysia belonging to Najib.
Reuters has not verified the WSJ report.
Najib has denied taking any money for personal gain and said the corruption allegations are part of a malicious campaign to force him out of office. A spokesman for Najib could not immediately be reached for comment on the Singapore bank accounts.
Singapore's central bank has also said it is in contact with financial institutions in relation to the 1MDB probe and Falcon Bank has said it is co-operating with them on their enquiries.
On Tuesday, the Monetary Authority of Singapore (MAS) said it is looking into whether banks followed rules on properly identifying customers and their sources of funds and on reporting suspicious transactions.
"We're actually looking back to see if they have done all these things," MAS managing director Ravi Menon told a news conference following the release of the bank's annual report.
He said banks are cooperating with the MAS, but warned that if any bank is found wanting it will face action.
"If the breach is a serious one, the action taken will be a serious one." – Reuters
Related articles
- Special task force issues order in probe on alleged fund transfers to Najib
- 1MDB audit begins
- Six accounts frozen over RM2.6 billion probe
- Najib's AmBank accounts closed before probe
- Zaid: Zeti must declare everything she knows about 1MDB
DESIDERATA: NOTES luckily we have FOREIGN NEWS organisations such as WALL STREET JOURNAL FOCusing on the 1MDB ISSUE, otherwise the local MSM WOUld not have covered it so widely!
OF Course, we must be grateful that ex-PM DR MAHathir MOHamad had included into the BILLofGUARANTEES for MULTIMEDIA SUPERCORRIDOR (MSC) that the Internet would NOT BE CENSORED!
*********************
A Surprise LIGHTNING STRIKE -- ala CIMB CHIEF NAZIR RAZAK'S previous call on whole 1MDB BOard to RESIGN! -- cometh from the PARliamentary PUBLic ACCounts COmmittee chairman, via themalaysianinsider.com:~~~
Weak 1MDB corporate governance cause for concern, says
Nur Jazlan
Published: 23 July 2015 2:04 PM
Public Accounts Committee (PAC) chairman
Datuk Nur Jazlan Mohamed says the top executives, directors and auditors of
government-owned 1Malaysia Development Berhad (1MDB) should be blamed for the
firm’s muddled financial state. – The Malaysian Insider pic,
July 23, 2015.The
top executives, directors and auditors of government-owned 1Malaysia
Development Berhad (1MDB) should be blamed for the firm’s muddled financial
state, Datuk Nur Jazlan Mohamed said in a report today by The Business Times.
The Public Accounts Committee (PAC) chairman told the Singapore business
daily the management, board and the auditors should shoulder a major part of
the blame.
“There were weaknesses in the governance and I wish the auditors had
played their part to flag issues earlier for corrective action.”
“People have a reason to worry that more public money
will need to be committed to solve 1MDB's financial situation,” said Nur Jazlan
in the report.
1MDB has come under the public scrutiny mainly because of the whopping
RM42 billion debt within just six years of it being set up.
The firm has not been able to generate enough earnings to service its
debts, raising public concerns over some of its debt papers issued with the
government’s letter of support.
1MDB is currently the subject of inquiry by a number of authorities,
including the auditor-general, Bank Negara, police and the bipartisan
parliamentary Public Accounts Committee.
The task force consists of Attorney-General Tan Sri Abdul Gani Patail,
Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz, Inspector-General of Police
Tan Sri Khalid Abu Bakar and Malaysian Anti-Corruption Commission (MACC) chief
commissioner Tan Sri Abu Kassim Mohamed.
The task force has so far arrested the managing director of Ihsan Perdana
Sdn Bhd and a board member of a construction firm linked to SRC International
over alleged connections to the state-owned firm. – July 23, 2015.
- See more at:
http://www.themalaysianinsider.com/malaysia/article/weak-1mdb-corporate-governance-cause-for-concern-says-nur-jazlan#sthash.1TgIHDl5.dpuf
Weak 1MDB corporate governance cause for concern, says Nur Jazlan
Public
Accounts Committee (PAC) chairman Datuk Nur Jazlan Mohamed says the top
executives, directors and auditors of government-owned 1Malaysia
Development Berhad (1MDB) should be blamed for the firm’s muddled
financial state. – The Malaysian Insider pic, July 23, 2015.The
top executives, directors and auditors of government-owned 1Malaysia
Development Berhad (1MDB) should be blamed for the firm’s muddled
financial state, Datuk Nur Jazlan Mohamed said in a report today by The
Business Times.The Public Accounts Committee (PAC) chairman told the Singapore business daily the management, board and the auditors should shoulder a major part of the blame.
“There were weaknesses in the governance and I wish the auditors had played their part to flag issues earlier for corrective action.”
“People have a reason to worry that more public money will need to be committed to solve 1MDB's financial situation,” said Nur Jazlan in the report. 1MDB has come under the public scrutiny mainly because of the whopping RM42 billion debt within just six years of it being set up.
The firm has not been able to generate enough earnings to service its debts, raising public concerns over some of its debt papers issued with the government’s letter of support.
1MDB is currently the subject of inquiry by a number of authorities, including the auditor-general, Bank Negara, police and the bipartisan parliamentary Public Accounts Committee.
The task force consists of Attorney-General Tan Sri Abdul Gani Patail, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz, Inspector-General of Police Tan Sri Khalid Abu Bakar and Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Abu Kassim Mohamed.
The task force has so far arrested the managing director of Ihsan Perdana Sdn Bhd and a board member of a construction firm linked to SRC International over alleged connections to the state-owned firm. – July 23, 2015.
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