What’s your deal with Prime Minister Najib Razak, Mr. Saudi Foreign Minister?


April 15, 2016

Malaysia: What’s your deal with Prime Minister Najib Razak, Mr. Saudi Foreign Minister?

Bernama reports:

Saudi Arabia’s Foreign Minister Adel Al-Jubeir today admitted that the donation to Malaysian Prime Minister Najib Abdul Razak indeed came from Saudi Arabia.

“We are aware of the donation and it is a genuine donation with nothing expected in return. We are also fully aware that the Attorney-General of Malaysia has thoroughly investigated the matter and found no wrongdoing.So, as far as we are concerned, the matter is closed,” Adel told Malaysian reporters in Istanbul yesterday.

Earlier, Adel held a bilateral meeting with Najib on the sidelines of the 13th Summit of the Organisation of Islamic Cooperation.

Attorney-General Mohamed Apandi Ali had, on January 26, cleared Najib of any wrongdoing in relation to investigations into the SRC International Sdn Bhd and the RM2.6 billion alleged to have been deposited into the Prime Minister’s personal bank accounts.

Apandi said the investigations revealed that the amount deposited was RM2.08 billion, and it was a personal donation from the Saudi Royal Family in 2013, of which RM2.03 billion was returned to the contributor the same year.–www.malaysiakini.com

 

15 thoughts on “What’s your deal with Prime Minister Najib Razak, Mr. Saudi Foreign Minister?

  1. Last week when my son asked me to top up his lunch account at the school cafeteria because it was empty, I obliged. Instead of waiting for my wife to do it as is normal, I did it immediately myself because it was empty. On Monday, he told me he couldn’t buy anything because it was still empty. How can that be? I was sure that I had made the deposit at the cafeteria machine.

    Upon checking, I found out that I had made the deposit into the wrong account. I had punched in a wrong digit. It was an honest mistake by an old man with unsteady hands. I am sure that the unintended recipient will return it or even if he doesn’t know that someone had made a deposit into his account (as is common apparently since it even happened to our PM), what the heck! RM100 is not much in these hard times, only a week’s lunch money.

    I hope that that it is a similar case with 1MDB paying 13,000 million ringgit to the wrong company. 1MDB CEO Arul Kanda has finally admitted IMDB could be a victim of a fraud. An honest mistake! A negligent act by people entrusted to safeguard our billions of ringgits and not worth 5 sen of the huge salaries they were paid.

    That the two top executives of Aabar had facilitated for 1MDB to pay 13,000 million ringgit into the bogus company Aabar Investments PJS Limited account instead of the correct company, Aabar Investments PJS is now obvious. In their position they could also slow down the fraud’s discovery by the public.
    All it takes now is find out who controlled the bogus company, its shareholders and the signatories to its bank account which has now been emptied and the company wound up. Then follow the money trails to see how the money was spent or given to whom. It’s not rocket science and soon enough it will be public knowledge.

    If some of that money went for the use of anybody who has anything to do with 1MDB, then collusion is likely. Not an honest mistake. If that is true, they deserve to face a firing squad. 13,000 million ringgit would pay for so much that the country needs. Heck, it will pay for the whole Pan Borneo Highway plus some!

    Like I wrote before, the buck has to stop somewhere. My son’s lunch money for the week is coming from my cigarette money or I will never hear the last of it from my wife. But 13,000 million ringgit is a bit over anybody’s budget, even the PM.

    But for the PM’s personal lawyer to feel compelled, as was reported, to defend the PM by saying that the PM’s signature doesn’t mean he’s liable because the PM doesn’t know what he is signing, sent chills down my spine. If the PM’s signature is not worth the paper it is signed on, I dread the numerous times I had advised my clients to the contrary. It is worth a lot! The idiot lawyer was just not articulate enough to explain stuff he may not understand,

    With a lawyer like that, the PM’s fate is sealed. What the lawyer meant was the representations made to the adviser by the Board of Directors count. If the representations were wrong, the PM is not liable for the mistake but the liability is on the Board. The lawyer couldn’t even explain that coherently when he wasn’t even asked about the PM’s liability. That’s what you get for hiring a wet-behind-the-ears lawyer who is easily overcome by an occasion whose challenges exceed what he usually merits.

    Half of the PM’s problems could be solved if his cheerleaders would just shut up or think first before opening their mouths. We don’t even know who the chief cheerleader is. But you can bet it is not this punk.

  2. The next time you are sued for breach of contract which you have voluntarily signed, tell the judge that you are not liable because you have been wrongly advised by your lawyer, accountant, your wife, your cousin, etc, what will the judge say?

    The judge will say so you go and sue your lawyer, accountant, etc, for giving you wrong advise, (or as in ferzan’s words, “…the representations were wrong…”) The breach of contract vis-a-vis the other contracting party stays.

    So now let’s wait for Najib’s lawyers to advise him to sue the Board of Directors, the CEO, etc, for putting him, the PM of Malaysia, into this shitty situation of which he is completely innocent.

    Poor chap. Really feel sorry for him. He just blindly signed company resolutions, etc, of a multi-billion Ringgit government owned company without knowing or understanding their significance and implications, and just too busy to ask the CEO for a thorough briefing.

    If the PM’s job, which in this case includes the critical finance portfolio, is that easy, please let me take over. I love to sign documents all day long.

  3. The question was put to Adel AL Jubeir on his way out of his meeting, if you catch the video, its clear he was being diplomatic rather than getting involved with the fiasco. What he really said is as far as they are concern, the official stance meaning in depth investigation was not conducted. They likely asked the corrupt prince and the prince told them to toe the line.

  4. More Malaysian troops to take part in Saudi military adventures in neighbouring countries?

  5. It is realyy very simple. If the Saudi FM says that the money is a donation, they should provide the bank transfer routing from the Saudi Royal to the DSNTR account in Ambank. Moreover, for any donation to the PM, the protocol is for him to have to donation/gift placed at the disposal of appropriate authority. Keeping a donation/gift by itself is against the protocol

  6. “I found out that I had made the deposit into the wrong account. I had punched in a wrong digit..” ferzan.
    That, my friend, is called Paternal Breach of Trust. Haha, happens to all of us.

    “..the PM’s signature doesn’t mean he’s liable because the PM doesn’t know what he is signing,”
    That, dear all, is called Criminal Breach of Trust, Negligence, Malpractice and Embezzlement – no matter what the Wet-Behind-The-Ears UMNOb legal sparrows claim. I guess when you look into their ears, you can see the light shining thru’ the other side eh..

    Yeah.., i’ve been trying to stop smoking too..! Pokkai. Cheers.

  7. Our 1MDB news are more entertaining than cartoons. Seriously, it tells us just how smart you can get by covering your unbelievable ways of handling fraud.
    I would have announced receiving the money and then proof it by putting in good use.
    Probably you have bad intentions. That what a Primary school boys said. You do not need a rocket scientist to figure this.
    Welcome to Malaysia. We have proven to blow anyone including foreigners with C4 and you can just do nothing about it.

  8. The PM did no wrong. He just doesn’t know what he signs. He also does not know who deposited the RM42 million into his account. Neither does he know he has a credit card used to purchase diamonds, jewellery and handbags. It is also very likely he does not know the TPPA agreement he had signed and the many other thousands documents, contracts, MOUs, agreements, etc he had signed since becoming PM. I wouldn’t want to play golf with him because he may sign for his wrong score! So don’t blame the poor PM for he knows not what he had done or had signed.

  9. As Sarawak Report pointed out, how come ONLY NST and BERNAMA crews were ready with the cameras all already in place… where is Malaysiakini or Channel News Asia etc? this was clearly a set-up… anyway The New York Times has written about this about-turn in the statement by the Saudi FM… and smells a rat in this whole propaganda game… yes, I too think that shameless man will do anything to just cling on to power…

  10. Attorney General Apandi is in hospital…. hope he takes the time to think and repent since at his age, there isn’t much time left to repent…

  11. Arul kept referring to “a set of documents” in which they had used to transfer the money to Aabar BVI. On the evening after the release of the PAC report a member of gelakan actually gave a detailed explanation of why the 1.3 billion was transferred to Aabar BVI. He mentioned the use of the “certificate of incumbency” which showed that the owner/parent company was IPIC. This certificate of incumbency was issued by O.I.L and he said that O.I.L working out of hong kong was a competent authority.

    I looked up O.I.L and they are just a company that offered the service of setting offshore companies. ( https://en.wikipedia.org/wiki/OIL_%28incorporations_and_corporate_services%29)

    There are certainly not a government agency such as our SSN. It would appeared that someone was trying to pull wool over the rakyat’s eyes.

  12. That Saudi Foreign Minister should be commended for confessing to what nearly the whole Planet has been saying……

    Saudi Government admits to using shell companies,tax havens, to finance Islamists in South East Asia-Wells Fargo ,Australia’s ANZ ,now implicated in terrorist financing

    http://www.terrorfinanceblog.com/2016/04/saudi-government-admits-to-using-shell-companiestax-havens-to-finance-islamists-in-south-east-asia-w.html

    The timing tho` is weird when he has been blackmailing the US lawmakers………

    Saudi Arabia Warns of Economic Fallout if Congress Passes 9/11 Bill

    WASHINGTON — Saudi Arabia has told the Obama administration and members of Congress that it will sell off hundreds of billions of dollars’ worth of American assets held by the kingdom if Congress passes a bill that would allow the Saudi government to be held responsible in American courts for any role in the Sept. 11, 2001, attacks.
    []
    Adel al-Jubeir, the Saudi foreign minister, delivered the kingdom’s message personally last month during a trip to Washington, telling lawmakers that Saudi Arabia would be forced to sell up to $750 billion in treasury securities and other assets in the United States before they could be in danger of being frozen by American courts.
    []
    Edwin M. Truman, a fellow at the Peterson Institute for International Economics, said he thought the Saudis were most likely making an “empty threat.” Selling hundreds of billions of dollars in American assets would not only be technically difficult to pull off, he said, but would also very likely cause global market turmoil for which the Saudis would be blamed.

    Moreover, he said, it could destabilize the American dollar — the currency to which the Saudi riyal is pegged.

    “The only way they could punish us is by punishing themselves,” Mr. Truman said.

    http://www.nytimes.com/2016/04/16/world/middleeast/saudi-arabia-warns-ofeconomic-fallout-if-congress-passes-9-11-bill.html?_r=1

  13. Say an unnamed foreign person donated or bequeathed $1m to me personally, what has that got to do with the donor country’s foreign minister? If at all the government should get involved, however unlikely, shouldn’t it be some poor anonymous sod from the finance ministry?

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