July 20, 2015
COMMENT: The Late Hussain Najadi was a pioneer merchant banker when I first met him. I had just left the service of Bank Negara Malaysia in the early 1970s. I kept in touch with him on fairly regular basis till his passing under mysterious circumstances. Why should a banker who was promoting foreign investment into our country be brutally murdered right in the heart of Kuala Lumpur, I asked myself.
I also wondered why the Police were unable to bring the mastermind behind this despicable act to book, although his identity is known to our Inspector-General of Police and his men. With recent revelations by his devoted son, Pascal Najadi, I came to know that Hussain’s murder is linked to !MDB and the transfer of its funds to our Prime Minister’s personal accounts at AMBank (in excess of RM2 billion) just before the 2013 General Elections.
Anything with possible connection to the Prime Minister will remain unsolved, just like the case of the Mongolian model Altantuya C4 murder. We can be certain that the WSJ investigation quartet will probably not look into the Hussain matter since their job is not to establish the facts on 1MDB scandal, but to protect the Prime Minister from prosecution. Najib Razak will be not touched since it is their self interest that he remains in power.. I agree with Pascal that:
Malaysia today is without governance, without leadership without self controlling processes to ensure best practice best service government to its people, foreigners and foreign investors. In any other nation the suspects would be picked up by blue light and put in to jail by order of the office of the respective Attorney General. In Malaysia such duties are enshrined in article 145 of the Federal Constitution of Malaysia.
“In Africa there are nations where we say, no surprise. But Malaysia, today, is a failed state that shocks not only all its citizens but the entire world that has eyes on Malaysia and her future, if there is one left. This is not the sorry state of affairs the founding fathers, my late father and people of Malaysia dreamt about, in fact it is a nightmare and a shame, the current corrupt and defunct situation.”
We must now move aggressively to bring about change in the way we manage our affairs. Malaysia must be founded on the Rule of Law and Justice for all who wish to live and work here. No one can act with impunity. Let us fight for Justice and for the Late Hussain Ahmad Najadi.– Din Merican
Justice for Hussain Ahmad Najadi
Written by Malaysia Chronicle
Swiss banker Pascal Najadi’s bid to get justice for his father murdered in the heart of Kuala Lumpur appears to have gone viral, with the Justice for Najadi – Ambank Facebook page reaching out to more than 330,000 people after just four days in operation.
“We are now a movement for Justice. Please follow for the noble cause to wipe out corruption from the top to down in Malaysia. Together we can do it,” wrote an exuberant Pascal in the frequently updated page.
“I want to thank all of you wholeheartedly for your unrelenting amazing support in growing numbers. Our people reach after only 4 days in operation has now reached over 330’000, that is a third of a million Malaysians being with our cause. Please maintain your strength to bring about Justice, it is about the brutal assassination of my late father Hussain Najadi that occurred in the middle of KL amidst a lot of other innocent people on Monday July 29, 2013.
“Malaysia today is without governance, without leadership without self controlling processes to ensure best practice best service government to its people, foreigners and foreign investors. In any other nation the suspects would be picked up by blue light and put in to jail by order of the office of the respective Attorney General. In Malaysia such duties are enshrined in article 145 of the Federal Constitution of Malaysia.
“In Africa there are nations where we say, no surprise. But Malaysia, today, is a failed state that shocks not only all its citizens but the entire world that has her eyes in Malaysia and her future, if there is one left. This is not the sorry state of affairs the founding fathers, my late father and people of Malaysia dreamt about, in fact it is a nightmare and a shame, the current corrupt and defunct situation.”
‘I told those ba#%$rd& to go fly a kite’ – Hussain was very ‘cynical’ about Najib
Pascal also posted a recent interview with Berita Daily, where he spoke of how his father Hussain Najadi had spurned “huge multi billion ringgit transactions involving KLCC land”.
One of the conversations Pascal had with his dad took place just 4 days before Hussain was gunned down and Pascal believes the people behind the corrupt deal may have wanted to silence his father.
“I remember there were two such cases. The first one was sometime in June 2013, when my father told me and my mother in a proud manner that he had dismissed a senior UMNO big wig.
“He (my father) said those ba#%$rd& came to my office and proposed a huge multi billion ringgit transactions involving KLCC land, but my father told them to fly a kite. He was very vocal about this as he was against the corruption that they’re proposing,” Pascal had told Berita Daily in a Skype call.
“Unfortunately I could not recall the names, he did mention it then. I wish I could go back in time and put a tape recorder on the table,” said Pascal.
“The second one was four days before the shooting, on July 25, 2013.It was during our family lunch, we had a conversation where he at one point was being very cynical about (Prime Minister) Najib (Razak) and the current government. He had expressed how heavy the corruption within the government was, so heavy that its unbelievable.
“I left Malaysia that day when I flew off to Moscow, Russia,” said Pascal, adding that little did he know that would be his last meeting with his father.
WSJ reported a money trail of US$700 million into Najib’s personal accounts at AmBank
Recently, Wall Street Journal alleged that money from debt laden government strategic investment arm 1Malaysia Development Bhd through several transactions was transferred into Najib’s personal account in Am Private Banking in 2013.
This lead to speculations that Hussain’s untimely death may have something to do with 1MDB and was not caused by him being a mediator of a property deal on a temple land as concluded three years ago. This was however denied by the police.
Hussain founded the Arab-Malaysian bank way back in 1975 and made the bank public in 1981 when he introduced it to now Bursa Malaysia, formerly known as Kuala Lumpur Stock Exchange.
“He did not hold any position at all. It was during the mid-80’s that he had sold all his stake to Azman Hashim.But he always stayed in touch with the old boys club. In the circle, he had important friends like Azman Hashim,Tun Mahathir, Zeti Akhtar Aziz, and several royalties as well,” he said.
The Switzerland-born founding President of banking advisory firm, Najadi & Partners Ltd mentioned that his father first resided in Singapore in the late 60’s and later moved to Malaysia in 1974.
Hussain had direct line to the top banking circles
Pascal frequently flew to Malaysia with his Swiss mother during holidays to spend time with his father. He remembered how different things were back then.
“I remembered when we used to have the first Prime Minister Tunku Abdul Rahman as guest, and other friends of different races all the time. It was a free society then.
“My father despite his busy schedule, he always manage to spend time with me and my Swiss mother. We always met up with each other in different parts of the world.
“He was the most caring father in the world. We shared great love for each other as he had thought me so many things especially in business. He is an inspiration to my whole life,” he said.
The only child in the family said that even though he is going through a struggle to seek justice, he added that its not just justice for his father, but its also for Malaysians and Malaysia.
“It can’t keep going on like this. Malaysia could be paradise but unfortunately, corruptions have sucked out money from the people. Malaysians who are paying taxes but don’t get much out of it in return,” he said. – https://www.facebook.com/pages/Justice-For-Najadi-AmBank/1460541000930606