Malaysia: A Rogue Nation renown for Money Laundering

April 9, 2017

Malaysia: A Rogue Nation renown for Money Laundering

by FMT Reporters

Image result for Malaysia a Rogue NationBy keeping this man in power, Malaysians are criminals by association.He belongs in person. That Apandi fells should be sent to jail as well.–Din Merican

DAP Parliamentary leader Lim Kit Siang has characterised the inclusion of the alleged 1MDB scandal in a list of investigations by the Swiss Attorney-General’s office in its annual report for 2016 as a “national shame” for Malaysia.

“What a national shame that Malaysia should be berated by another foreign country and included in the ranks of international corruption scandals,” he said in a statement today.

“When major national institutions go ‘rogue’ and refuse to perform their key fundamental functions, Malaysians regardless of race, religion or region must stand up to unite as patriotic Malaysians to Save Malaysia from becoming a ‘rogue state’,” he added.

The Gelang Patah MP was reacting to a statement by Swiss Attorney-General Michael Lauber that a money laundering investigation into sovereign wealth fund 1MDB was making progress despite Malaysian authorities’ refusal to cooperate.

Reuters reported Lauber as saying that his office’s initiative in combing through money laundering reports and bank documents with help from Singapore, Luxembourg and the United States was bearing fruit.

“It’s not hopeless, in fact it’s the opposite,” Lauber was quoted as saying when presenting the report in Bern.

Image result for Malaysia a Rogue Nation

“We’re still confident we can successfully conclude the process… in particular the open cases against the two banks,” Lauber had said, referring to Swiss private banks BSI and Falcon.He however, stressed that it would have been “very desirable from our perspective” if Malaysia had cooperated.

Lauber also outlined other investigations that his office was undertaking, including the ones on Brazil’s oil firm Petrobras, on personnel attached to world football body FIFA and on tracking of terrorist financing.

Image result for apandi ali

Swiss Attorney-General Michael Lauber–The Tenacious and Relentless Pursuer of  Justice

Lim asked if Malaysian Attorney-General Mohamed Apandi Ali would resign if the Swiss investigations “bear fruit”, despite his “rebuffing” of Switzerland’s request for legal assistance.

He said this was not an isolated case of key national institutions and principal officials in Malaysia abdicating from their key fundamental responsibilities.

Lim cited this as a reason behind former Prime Minister Dr Mahathir Mohamad, who is now chairman of Parti Pribumi Bersatu Malaysia (PPBM), telling a forum last night that the country would see better progress without Apandi as Attorney-General.

Lim said the upcoming 60th National Day celebrations on August 31 should be an occasion for patriotic Malaysians to unite to “re-set nation-building directions and policies” to ensure that the promises and dreams of Merdeka in 1957 and the formation of Malaysia in 1963 are brought back in national policies and programmes.

9 thoughts on “Malaysia: A Rogue Nation renown for Money Laundering

  1. Shame?

    I think, as the Swiss AG put it, it’s the opposite.

    I think some Malaysians feel it’s a matter of pride that though we cannot be World beaters in anything else, like football, skiing, chess and even having the best chicken rice, we can be acknowledged as World beaters in corruption / money-laundering which even the clever Swiss with hundreds of years of international banking experience are only making “progress” after more than a year of investigation.

    • I am ashamed to say I am a Malaysian… Yesterday, some one asked if I am a Filipino… Anotjer a Thai… I replied ‘Aye’ each time. And when last in UlanBaatar, I was any nationality but Malaysian. MALU!

  2. Najib has condemned us all to certain path to Syariah and Hudud jurisprudence as the law of the land. Shame for money laundering and theft when he idiotly do not even realized he has committed treason and spat on our founder’s graves including his own father’s????

    Fact is we know he is criminal and stupid. The shame is ours he and conspirators including Hadi’s PAS are not in hell. For that, it will be hell in Malaysia for us eventually.

  3. Malaysia had de-generated ito a nation without discipline. A few cases being highlighted below :
    1. Discipline on the road
    We have more than one million drivers of motor vehicles without valid driving licence and KEJARA is going to inflat the figure higher. Instead of speed limits on roads we have speed bumps;
    2. Low pay contributing to corruption
    We have a minister of His Majesty’s Government using low pay as a reason for the increasing levels of corruption;
    3. Hadi’s Bill
    The urge is to whack the victims of the moral policing. The normal remedy to correct th wrongdoer is never on the minds of these creatures. Why are there “correctional Institutions in advance countries which works wonders?
    4. High cost of living
    Let’s use analyse how the cost of living has gone up uncontrolled since GST came into force. With GST at 6% and the Ringgit slipping by about 50%, how can our cost of living go up by more than 200%?
    5. Repayment for project loans
    How many generations will it take to repay these “loan”. Do we need to gadai or country?
    6. 1MDB Debts fully paid
    A small announcement made by our Gomen that the !MDB debt is fully paid. How? Where the money coming from? Is our nation being pajak to repaid the debt?
    7. SRC
    What happen to the RM4 billion loan from KWAP to SRC. Has the PM returned the money which inadvertently went into his account from SRC as explained by the AG?
    8. Missing persons
    When there is video showing the kidnap of Rev. Koh, why is it that until now the investigation is not progressing? Is there any link to the Powers that is?
    I told my doctoral class today that Vision 2020 is the vision of a failed state. When a government like Najib’s corrupt regime cannot ensure security of its citizens or commits murders(Kevin Morais, Teoh Beng Hock and Altantuya),it is by definition is a government of a failed state. Malaysia is no different from Zimbabwe or Somalia.–Din Merican

  4. The “de-generation” (Jeffrey Lim) into a rogue state is , sadly,due predominantly to the compounded Razak-Mahathir legacy of the Culture of Betrayal and MACCP of​ Umno Baru leaders and Najib are the products.

    It started largely from 1983/4 RM 2.5b BMF Loan Loss, the mother of all the Scandals, BNM Forex Loss, PKFTZ, Perwaja,….., …,1 MDB, that followed till this day, where banks, institutions and nation were “robbed” from the inside and where perpetrators were never punished or let off with a tap on the hand. Lessons never learned . All to the costs and at the expense of Rakyat and country.

    The rogue Culture is the root of the dire Problems, Malaysia is facing that need to be eradicated or brought down to a tolerable level, because it is Disenablying or Disrupting the whole Delivery System of the country.

    Voting Najib out may not be the solution, though it may help.
    Where are the Quality leaders ?

    The people need to be Educated and Made Aware of the Root Problems and Focus on the Real Issues to help Save Malaysian from the heading towards a Failed state and from carrying the heavy burden of the Rogue Culture.

    The leaders,MPs and those from the East Malaysia and the Divide, should STAY FOCUS on the issue , Without Missing the Forest For a few Trees.

    • The Anarchist says “without distruction there is no construction” The current model of society is rotten to the core. Has the Police or MACC heard of MyKad or
      Blue IC going for RmXXXXXX a piece? Either there are a lot of suckers or there are a lot of people who are paid peanuts who are jumping on the cepat kaya bandwagon

    • “Construction” , Exactly!
      the people need to Destruct and Destroy the toxic Culutre of Betrayal (of Trust, Nation, Institutions) and MACCP (Money politics, Abuse of power, Corruption, Cronysm and Puppetry) because the “MyCard …” you mentioned and Countless Scandals happened or going to happen could or can ALWAYS traced back to one or more elements of toxic Culture that is of the compounded Razak-Mahathir legacy.

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