My Anthem

Sunday, July 05, 2015

WHEN the WAll STreet JOUrnal reports on 1MDB...

EVERY MALAYSIAN SITS UP, then the thus far MUTES of BN LEADERS -- SOME OF THEM -- SPOKE UP, INCLUDING DEPUTY PM MUHYiddin YAsSIN!.

BUT WHEN MPs like PKR'S RAFizi RAMli and DAP's TOny PUa earlier revealed the various epicSODES of hanky-panky in 1MDB, they were attacked by bodeker ministers like ZAHid HAmidi and NAzri AZiz, but when ex-PM DR MAhathir MOhamad picked up the hottest issue running for weeks now, they who had the balls to threaten the OPPosition members of PArlaiment with SEDition ACt and OFFicial SECrets ACt, they HAD NO CHOICE BUT TO LEAVE DR M Alone BECAUSE HE IS STILL AN UMNO-OH-NO! member! 


AND you don't make an enemy of DR MAhathir -- hate him or love him PM For 22years -- and expec t not paying a price, a damned HEAVY PRICE LIKE losing your job!


FROm THE STar PRINT EDition this moURn, what follows is from STAR ONLINE::



Saturday July 4, 2015 MYT 5:50:40 PM

Muhyiddin wants allegations in WSJ report investigated



PETALING JAYA: The relevant authorities must step in and investigate all allegations made against Prime Minister Datuk Seri Najib Tun Razak.
Deputy Prime Minister Tan Sri Muhyiddin Yassin (pic) has called on all agencies, especially the Malaysian Anti-Corruption Commission (MACC), Bank Negara Malaysia and the police, along with the Attorney-General’s Chambers to investigate all allegations made against Najib.
“I am confident the investigation will be conducted thoroughly and in a transparent manner.
 “Ultimately, we want the truth,” he said in a statement on Saturday.

Muhyiddin was commenting on a report by the Wall Street Journal on Friday, which, quoting unidentified Malaysian investigators, alleged that nearly US$700mil (RM2.7bil) could be traced to Najib’s personal bank accounts.
“I am really worried about this revelation as it is claimed that the money was derived from a few entities with links to 1Malaysia Development Board (1MDB).
“This is a very serious allegation that can jeopardise his credibility and integrity as the Prime Minister and the leader of the Government,” he said.
The Deputy Prime Minister added that the latest round of allegations has also attracted the interest of the rakyat and the international media, and that it was a matter of public interest.
Muhyiddin also suggested that Najib himself give a convincing explanation or denial as the allegation was personal.
“If he is confident all allegations are untrue and mere lies, then it is wise for him to take legal action against those who made the allegations in the first place.
“This is to clear his name and preserve the Government’s credibility,” he said.
Muhyiddin also called on all parties to stay calm as he believed the truth will come out eventually.
“I am praying that Allah will give us the tawfiq and hidayah for us to solve this problem as well as grant continuous prosperity to the rakyat and country,” he said.
“Ultimately, we want the truth,” he said in a statement on Saturday.
Muhyiddin was commenting on a report by the Wall Street Journal on Friday, which, quoting unidentified Malaysian investigators, alleged that nearly US$700mil (RM2.7bil) could be traced to Najib’s personal bank accounts.
“I am really worried about this revelation as it is claimed that the money was derived from a few entities with links to 1Malaysia Development Board (1MDB).
“This is a very serious allegation that can jeopardise his credibility and integrity as the Prime Minister and the leader of the Government,” he said.
The Deputy Prime Minister added that the latest round of allegations has also attracted the interest of the rakyat and the international media, and that it was a matter of public interest.
Muhyiddin also suggested that Najib himself give a convincing explanation or denial as the allegation was personal.
“If he is confident all allegations are untrue and mere lies, then it is wise for him to take legal action against those who made the allegations in the first place.
“This is to clear his name and preserve the Government’s credibility,” he said.
Muhyiddin also called on all parties to stay calm as he believed the truth will come out eventually.
“I am praying that Allah will give us the tawfiq and hidayah for us to solve this problem as well as grant continuous prosperity to the rakyat and country,” he said.
“Ultimately, we want the truth,” he said in a statement on Saturday.


DESIDERATA: OTHER MINOR UMNO / BN officials (INCluding one MCA YOUTH CHIEF SDR CHONG>>>"CONGRATS!")  made similar calls except one bodeker minister NAZRi (ANTi-DR M ....)went the OPPOSITE DIRECTION.

NOW from THE MALAY MAIL ONLINE ARE TWO REPORTS:~~~

MALAy MAIL ONLIne report1:





WSJ defends explosive Najib-1MDB reports as lawsuit looms
Saturday July 4, 2015
12:03 PM GMT+8

The Wall Street Journal claimed that the money trail shows that some US$700 million were moved between government agencies, banks and companies before it ended up in Najib’s accounts.The Wall Street Journal claimed that the money trail shows that some US$700 million were moved between government agencies, banks and companies before it ended up in Najib’s accounts.

KUALA LUMPUR, July 4 — Attacked by Putrajaya, US daily Wall Street Journal has insisted that its latest report on a money trail of some US$700 million (RM2.6 billion) from 1 Malaysia Development Berhad (1MDB) into the personal bank accounts of Prime Minister Datuk Seri Najib Razak are based on “solid” and “reliable” documents known to top government officials investigating the state investor’s finances.


WSJ’s Hong Kong bureau chief Ken Brown told US broadcaster CNBC’s Street Signs in an edited 2.43-minute phone interview uploaded last Thursday that its reports were based on documents that “had been shared with the Malaysian attorney-general, with others in the government so they’ve been seen by all and also the prime minister”.


Brown did not disclose how WSJ sighted the documents but stressed that his reporting team took a very serious view of the story that concerns the fate of Malaysia’s top leader and the huge sum of public money.


He acknowledged that the ongoing national-level scrutiny of 1MDB’s accounts have turned into a “highly-politicised story”.


“We are very careful and we believe the investigation and the documents we have are very, you know, solid and come from a very reliable investigation and not a political investigation.

“And if the evidence shows money had forwarded into his accounts, personal accounts and government deals, it’s hugely dramatic,” he said in the video, under questioning from the show’s anchors.


In an explosive report yesterday, WSJ claimed some US$700 million were moved among government agencies, banks and companies before it ended up in Najib’s personal accounts.
These documents, the international business paper claimed, include bank transfer forms and flowcharts put together by investigators to shed light on 1MDB’s cash flow.
The paper said this is the first time a direct connection to Najib has been established in the probe on 1MDB.
The allegations however had first been highlighted by controversial London-based whistleblower site Sarawak Report.
Brown noted that the Prime Minister’s Office had been dismissive of the money trail link when WSJ approached it for comment.
“They basically said the prime minister is not taking any funds for personal use and they’re accusing political opponents of coming up with this story and that’s the kind of stuff they said from our earlier story about 1MDB and the money; the fund was used in the last election campaign by the prime minister,” he told CNBC.
Questioned for his view on the origins of the money, Brown said one batch came from a unit in the Finance Ministry while another was “from this private bank that’s affiliated with Abu Dhabi, which as you know has very close ties with Malaysia and in fact some of these 1MDB bonds and stuff like that”.
“Where the money went, we don’t know. Basically, the trail we have ends at the bank account that has the prime minister’s name on it,” he said.
Critics have been pestering the federal government to disclose its opaque deals with International Petroleum Investment Company (IPIC) for a questionable loan to debt-riddled 1MDB ever since Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah announced that the state-owned investment firm would receive a US$1 billion injection from Abu Dhabi-based IPIC and its subsidiary Aabar Investments.
The sum was meant to help 1MDB pay off a US$975 million loan that was being recalled ahead of its due date by a consortium of international bank lenders due allegedly to the controversy surrounding the firm.
The repayment eliminated the risk of a cross default on the entirety of 1MDB’s RM42 billion in debts had the consortium declared the state-owned strategic investment firm to be delinquent.
In his Facebook post last night, the embattled Najib pointed out that all the attacks against him and 1MDB were not been backed by evidence, adding that they part of a concerted campaign to sabotage and remove him as country’s democratically-elected prime minister.
The 61-year-old also accused former prime minister Tun Dr Mahathir Mohamad of spearheading the attacks in a bid to undermine his leadership.
In the latest development today, the prime minister’s political secretary Datuk Muhammad Khairun Aseh was also reported by Malay daily Sinar Harian that Putrajaya will take legal action against WSJ for what he described as “malicious and unsubstantiated” reports based on “weak and dubious sources”.
- See more at: http://www.themalaymailonline.com/malaysia/article/wsj-defends-explosive-najib-1mdb-reports-as-lawsuit-looms#sthash.OhNTmaiA.dpuf
V
 MALAY MAIL REPORT2:


Attacking Dr M over WSJ expose only boosts report’s credibility, ex-minister claims
Sunday July 5, 2015
01:06 PM GMT+8
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Former Information Minister Tan Sri Zainuddin Maidin pointed out that the world recognises Dr Mahathir as a financial champion for getting Malaysia through the Asian financial crisis and described the elder statesman as a voice of the Third World and a Muslim voice respected by the West.Former Information Minister Tan Sri Zainuddin Maidin pointed out that the world recognises Dr Mahathir as a financial champion for getting Malaysia through the Asian financial crisis and described the elder statesman as a voice of the Third World and a Muslim voice respected by the West.

KUALA LUMPUR, July 5 — Prime Minister Datuk Seri Najib Razak’s accusation that Tun Dr Mahathir Mohamad was behind the Wall Street Journal (WSJ) expose claiming that billions were channeled from 1 Malaysia Development Berhad (1MDB) to his personal bank accounts only strengthens the credibility of the report as the former prime minister is highly respected globally, a former minister said.


Former Information Minister Tan Sri Zainuddin Maidin pointed out that the world recognises Dr Mahathir as a financial champion for getting Malaysia through the Asian financial crisis and described the elder statesman as a voice of the Third World and a Muslim voice respected by the West.


“Mahathir still has much authority as a world leader, respected by friend and foe alike, not just in politics but also in economics, and for his intellect too,” Zainuddin wrote on his blog yesterday.


“Meanwhile, Datuk Seri Najib is still stuck trying to overcome political and economic challenges in rebuilding a strong government,” he added.


Najib said Friday that Dr Mahathir was working with foreign nationals and accused his predecessor of being behind the latest allegation in the WSJ, a US paper.

The report described a money trail of about US$700 million (RM2.6 billion) from state-owned 1MDB going through several companies like former 1MDB subsidiary SRC International and Ihsan Perdana, which does corporate social responsibility for 1MDB, before allegedly ending up in Najib’s personal bank accounts two months before the 13th general election in 2013.


Zainuddin said Najib had lost credibility not just because of 1MDB, but also because the prime minister had abolished the Internal Security Act (ISA), initially attempted to repeal the Sedition Act, implemented the Goods and Services Tax (GST), and gave an unconvincing answer on the use of the government jet during the mass floods in the east coast.

The ex-minister also cited the Najib administration’s “weak” foreign policy, its cooperation with Singapore and Najib’s siblings’ denial that their father had left behind a hefty inheritance.
Their statement was issued last February in response to the Prime Minister’s Office’s remarks to the New York Times — which had highlighted the spending of Najib’s wife, Datin Seri Rosmah Mansor, on designer handbags and jewellery — that money spent was not unusual for a person of the prime minister’s position and “legacy family assets”.
“Weak information management that includes lateness, non-inclusivity, inaccuracy in answering questions, using cheap personalities, generally known lack of integrity and lack of professionalism in several issues reflect the failure to fix the image of the leadership and to promote the government’s image,” said the former information minister.
Attorney-General Tan Sri Abdul Gani Patail confirmed yesterday that a special team comprising the Malaysian Anti-Corruption Commission (MACC), the police and Bank Negara have started investigating the alleged flow of funds from 1MDB to Najib's personal bank accounts.
He also said he has received documents on the alleged fund transfers.
- See more at: http://www.themalaymailonline.com/malaysia/article/attacking-dr-m-over-wsj-expose-only-boosts-reports-credibility-ex-minister#sthash.ufljBlw8.dpuf


DESIDERATA: I  have described DR MAhathir as a "LOVE HIM or HATE HIM" leader, but in the present long-running drama, I as an OPPositioin party member, WOuld use him as in POLITICS, TWO MAIMS HOLD:

1. THERE are no permanent friends or foes in politics, only permanent interests.

2. SOMetimes, in politics YOUR ENEMY'S ENEMY BECOMES YOUR FRIEND! 

AND in my case, knowing some CHInese culture, we also follow the maim: BORROW SOMEONE'S DAGGER TO KILL THE ENEMY (DESi's interpretation OK! IN KANtonis, it's "Zei Doh Sakk Yan!)
The Wall Street Journal claimed that the money trail shows that some US$700 million were moved between government agencies, banks and companies before it ended up in Najib’s accounts.The Wall Street Journal claimed that the money trail shows that some US$700 million were moved between government agencies, banks and companies before it ended up in Najib’s accounts.KUALA LUMPUR, July 4 — Attacked by Putrajaya, US daily Wall Street Journal has insisted that its latest report on a money trail of some US$700 million (RM2.6 billion) from 1 Malaysia Development Berhad (1MDB) into the personal bank accounts of Prime Minister Datuk Seri Najib Razak are based on “solid” and “reliable” documents known to top government officials investigating the state investor’s finances.
WSJ’s Hong Kong bureau chief Ken Brown told US broadcaster CNBC’s Street Signs in an edited 2.43-minute phone interview uploaded last Thursday that its reports were based on documents that “had been shared with the Malaysian attorney-general, with others in the government so they’ve been seen by all and also the prime minister”.
- See more at: http://www.themalaymailonline.com/malaysia/article/wsj-defends-explosive-najib-1mdb-reports-as-lawsuit-looms#sthash.O6fIUoj7.dpuf

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