Najib : “I will find ways to uphold the truth”


July 6, 2015

COMMENT: Mr. Prime Minister, you want to uphold the truth. HoldDin Merican at Kanika and behold, tell it those  Martians; maybe, they can believe you. You have lost our confidence and our trust. Even since you became Prime Minister in 2009 you have spent million of ringgits on the 1Malaysia campaign and public relations consultants including Lim Kok Wing, and more billions of ringgits of taxpayers’ money on BR1M  handouts and other wasteful schemes. You have been cheating and lying to us.

In stead of being an upright and honest leader, you have evaded questions about 1MBD’s financial dealings. Now that Wall Street Journal has given us a “smoking gun” that showed us that almost USD600,000 of 1MDB funds went into your personal account with AMBank, you have the bravado to tell the “ulul  albab” (thinking) folks in Terengganu that you will uphold the truth.

You are so desperate that you must seek the endorsement of PAS newly minted spiritual leader Dato Harun Din in an attempt to regain your credibility and win back our trust. It is too late in the day for that. Your payback time has come and you must now bear the consequences of your devious schemes. You can fool some people some of the time, but not the all people all the time.–Din Merican

Najib :”I will find ways to uphold the truth

Prime Minister Datuk Seri Najib Razak said he would strive to seek a truthful path to rebut all allegations against his leadership.

Najib said he was thankful for the support given by UMNO leaders and PAS spiritual leader Datuk Haron Din who had dismissed as absurd allegations over several issues related to 1Malaysia Development Berhad (1MDB).

“I did not betray the people. I will find ways to uphold the truth. Be calm, the truth will prevail,” he said when opening Sekolah Menengah Imtiaz Yayasan Terengganu Besut and launching the Al-Syahadah Al-Ulya Ulul Albab programme.

Najib RazakThe Patron of the Ulul Albabs

He urged the people to be calm and united in refuting all allegations against the government and the country’s leaders despite their different political affiliations.

He said in order to build a progressive civilisation, the people of a country should not be divided. Meanwhile, he said developed nations would not belittle the country if the people had the strength of their faith and piety to lay the foundation for an even greater civilisation.

He said to produce an “ulu albab” (thinking) generation in the country required not only a generation of physical strength, but also mental capability.

“We should not only be individually strong but there must be strength from the faith to produce a great civilisation on par with countries more developed than us today,” he said.

Terengganu Menteri Besar Datuk Seri Ahmad Razif Abdul Rahman said Terengganu Barisan Nasional (BN) would brave the storm with the Prime Minister and was also willing to be at the frontline to fight the country’s current political challenges.

“This is our place, our country, so it is not easy for outsiders to destroy our country, but there could be bigger tests in future… defamation, abuses, hurting words… this is a sign Allah is testing our patience, so accept it calmly,” he said.

The Straits Times: Difficult to dislodge Prime Minister Najib Razak


July 6, 2015

The Straits Times: Difficult to dislodge Prime Minister Najib Razak

MOF Najib RazakTough to dislodge him

UMNO will find it extremely difficult to remove Dato’ Seri Najib Razak as Party President in the wake of allegations made by the Wall Street Journal (WSJ) that money from a government investment firm was channeled to his private bank accounts, Singapore’s The Straits Times said.

Neither the supreme council nor divisional leaders of the ruling coalition’s lynchpin party would be able to come up with the numbers to call for an emergency vote against Najib, who by virtue of his post as Party President, is also Malaysia’s Prime Minister.

This is because UMNO would need the support of two-thirds of the council members to call for one in writing, or more than half of the party’s 191 divisions to approve such a motion at an extraordinary general meeting (EGM).

“Beyond just rallying the numbers, divisional EGMs are easily challenged in court and in the ensuing legal wrangle, UMNO members will start being sacked and suspended, among other things,” The Straits Times said.

It added that even before the WSJ exposé on funds from 1Malaysia Development Bhd (1MDB) being funneled to Najib’s personal bank accounts, opposition party PAS had in April proposed a no-confidence motion against Najib over debt-ridden state fund and its alleged financial management.

But a vote of no-confidence in Parliament would not be easy given that the ruling government under Barisan Nasional (BN) had a clear majority, The Straits Times added.

BN would have to break ranks and work with the opposition for such a vote to be passed, the report said. It also noted that Malaysia had never seen any motion of no-confidence passed against a Prime Minister. Another reason that such a vote was unlikely was because BN leaders would not want to risk losing power, and that “they will simply rally behind another PM candidate”,The Straits Times added.

The daily also said that no previous Malaysian leader had been removed through a formal vote, although two party leaders were pressured to make “graceful exits”, namely, Tun Abdullah Ahmad Badawi, who was forced out upon pressure from former Prime Minister Tun Dr Mahathir Mohamad, and the nation’s founding father Tunku Abdul Rahman.

The Straits Times added that UMNO MPs felt the allegation of 1MDB funds being transfers into Najib’s personal accounts was a “real problem” for the party as it would seem that the money was used to help BN win the last general election.

Last Thursday, WSJ and UK-based website Sarawak Report made the revelation that up to US$700 million (RM2.6 billion) was allegedly transferred to two bank accounts under Najib’s name with AmBank in 2013, ahead of the general elections in May that year.

The Prime Minister, however, has denied ever taking any funds from 1MDB for personal gain and instead pinned the blame for the latest report on Dr Mahathir whom he also accused of working with foreign agents against his administration.

Deputy Prime Minister Tan Sri Muhyiddin Yassin has urged Najib to provide a “convincing” explanation to the claims.

Najib, meanwhile, has said he intends to sue WSJ. The financial paper is standing by its story, saying its report was based on solid documentation and proof.

This allegation follows an earlier one, reported by WSJ also, that 1MDB had indirectly funded part of Najib’s general election campaign in 2013 through an overpriced purchase of assets from the Genting Group.

http://www.themalaysianinsider.com

 

BERSIH to Putrajaya: Make Fundamental Changes in Governance


July 6, 2015

BERSIH to Putrajaya: Make Fundamental Changes in Governance

http://www.malaysiakini.com

Election reforms pressure group BERSIH has urged Putrajaya to institute 10 major institutional reforms to prevent cabinet members from abusing their powers.

Najib and !MDB Executives
This is in view of allegations that RM2.6 billion was transferred into Prime Minister cum Finance Minister Najib Abdul Razak’s personal account.

Among others, BERSIH said Putrajaya must do away with Dr Mahathir Mohamad’s legacy which allowed the Prime Minister to simultaneously hold the portfolio of Finance Minister.

Najib has held the position of Finance Minister since coming to power in April 2009.  Mahathir was Finance Minister between September 1998 and January 1999 and again between June 2001 and October 2003.

The fifth Prime Minister Abdullah Ahmad Badawi held the Finance Minister during his entire premiership between October 2003 and April 2009. This means that of all three, Najib has the record of being the longest-serving Prime Minister  cum Finance Minister.

Fundamental changes

Najib is currently under heavy scrutiny due to 1MDB’s business decisions. The company was established by the Finance Ministry after Najib took reigns. His written approval is also needed for the company’s key decisions.

This has been exacerbated a Wall Street Journal report which alleged that nearly US$700 million was channeled into his personal account.

Among other institutional changes sought by BERSIH are:

  • Legislative changes to allow the Malaysian Anti-Corruption Commission (MACC) to be answerable to Parliament and given prosecutorial powers.
  • A policy to restrict the Attorney-General to being a legal consultant to the federal government and transferring prosecutoral powers to an independent Director of Public Prosecution.
  • A law to compel all members of the Cabinet, Deputy Ministers, those in top public officials and their spouses to declare their assets publicly.
  • Legislative changes to make the Election Commission accountable to Parliament.
  • A clean electoral roll and eliminating malapportionment of electoral boundaries before the next general election.

Malaysia’s Najib Razak fights for political life


July 6, 2015

Malaysia’s Najib Razak fights for political life amid 1MDB claims

http://www.ft.com/intl/cms/s/0/4dc0e70a-22f6-11e5-9c4e-a775d2b173ca.html#axzz3f44yvWTE

Malaysia’s Prime Minister Najib Razak faces a struggle for survival amid growing fallout from allegations that hundreds of millions of dollars were channeled from a state development fund into his personal bank accounts.

rosmah-pink-handbagMore Needed than Just Prayer (Doa)

Investigators of the escalating scandal at 1Malaysia Development Berhad have passed the country’s Attorney-General evidence relating to transfers totaling almost $700m shortly before the last elections.

Mr Najib has denied taking money for personal gain and has denounced the accusations as “a concerted campaign of political sabotage to topple a democratically elected Prime Minister”.

The Financial Times has not been able to independently verify the allegations. They have added to turmoil in Malaysian politics at a time when Mr Najib’s United Malays National Organisation faces a grave challenge to its near six-decade hegemony.

Analysts say the claims, reported on Friday by the Wall Street Journal and the Sarawak Report website, are potentially fatal for Mr Najib’s career. They appear to make the first direct link between the premier and the long-running scandal over how 1MDB racked up debts of more than $11bn.

Professor James Chin, Director of the Asia Institute at the University of Tasmania, said the fresh claims showed how Mr Najib “can’t seem to shake off the scandal” of the 1MDB affair.

“If indeed the money is in an account bearing his name and he is the owner of the account, he’s toast,” Prof Chin said. “We will get to the truth soon, because the amount is large, and most governments around the world have strict reporting systems for large financial transactions.”

The Attorney-General said at the weekend that he had received documents relating to the latest allegations about 1MDB, which was the subject of four separate official investigations. The fund had denied it had given money to Mr Razak and — like him — had claimed it was the victim of a plot.

The most serious of the latest claims against Mr Najib is that two transfers totaling US$681m were made via a series of companies linked to 1MDB to an account in his name just before the tight 2013 parliamentary elections.

The opposition won the popular vote in those polls, but the design of the electoral system meant the United Malays National Organisation ended up with most seats.

If indeed the money is in an account bearing [Najib Razak’s] name and he is the owner of the account, he’s toas.t– James Chin, Director of the Asia Institute at Tasmania University

Mr Najib set up 1MDB in 2009 and chairs its advisory board, but the fund has come under increasing scrutiny over its investments and financial dealings, particularly with some prominent Gulf companies.

Mahathir Lawan NajibThe pressure on the Prime Minister has grown further because Mahathir Mohamad, the influential former premier of more than 20 years, has called on his successor to step down over the fund’s activities. Two opposition parties have also called for Mr Najib to stand aside pending an investigation into the latest claims.

WSJ article may be Najib’s Waterloo, says Kadir Jasin


July 5, 2015

COMMENT: It was a political Waterloo for our Prime Minister.It was din-merican-and-dr-kamsiah1first reaction when I read the Wall Street Journal article–a smoking gun.  Given revelations by Tun Dr. Mahathir, The  Sarawak Report disclosures, and the WSJ article,  I wondered what additional evidence is required to remove this lying and corrupt Najib Razak and send him behind bars for criminal breach of trust and abuses of power.

Now it is wishful thinking on my part. It is not going to be easy to remove a sitting Prime Minister under our existing system of public governance. We have to thank our former Prime Minister for this innovation.

As Prime Minister, Najib is a powerful man and as long he remains in office and UMNO President, he is apparently above the Law. The Deputy Prime Minister continue to play political poker, but the MACC, Bank Negara Malaysia, and the Police will not investigate him. The Attorney-General whose contract is up for renewal in a few months’ time will not charge him. The Auditor-General is as silent as a village mouse, although he took the 1MDB assignment with a lot of gusto. And Nur Jazlan’s Public Accounts Committee is a paper tiger.

The 1MDB Directors, especially  Sitiawan-born Arul Kanda Kandasamy,  remain arrogant and unaccountable. The Second Finance Minister who was supposed to be the new voice on 1MBD affairs is now out of the picture. His restructuring proposal disappeared into thin air.

These corporate directors and public servants depend on Najib remaining in power in order to keep their jobs and enjoy their perks. Nobody including the Cabinet seems interested in bringing the 1MDB scandal to closure so that the law can be brought to bear on those who created this mother of financial scandals.

Keep trying Pak Kadiaq but you know, as much as I do, that the ball is actually in UMNO Baru’s court. Its members must act to remove Najib as their President.–Din Merican

WSJ article may be Najib’s Waterloo, says Kadir Jasin

by Shane Fuentes@www.freemalaysiatoday.com

It remains to be seen, said a veteran newsman whether a Wall Street Journal (WSJ) report tracing nearly USD700 million ending up in Prime Minister Najib Abdul Razak’s personal bank accounts turns out to be his Waterloo. (The exact figure is USD681, 999,976 or about RM2.6 billion.)

Najib and his Spinners and AKJ

“Najib and his agents in fact don’t have anything to say about the WSJ report. Instead, he has launched a fierce attack against former Prime Minister Mahathir Mohamad, accusing him of criminal tactics ‘to topple a democratically-elected Prime Minister’.”

Hence, the Waterloo verdict is veteran newsman Kadir Jasin’s summing up of the Prime Minister’s reaction to the WSJ report. “Najib has a choice to pursue the various publications in their countries of domicile if he thinks that they have been in cahoots with Mahathir.”

“Najib may be over-acting by claiming that overthrowing him was tantamount to overthrowing the government. When his father the late Abdul Razak “overthrew” then Prime Minister Tunku Abdul Rahman in 1969, the Alliance Government remained.”

Waterloo, for those not familiar, was the battleground in Belgium where Emperor Napoleon Bonaparte met his defeat at the hands of the Duke of Wellington Arthur Wellesley and Prussian Prince Blucher. He had earlier been exiled to the Island of Elba in the Mediterranean after abdicating on 11 April 1814 but escaped and regained his throne for 100 days until 18 June 1815.

Taking off from Najib’s tirade in a Facebook posting https://www.facebook.com/najibrazak . . . Kadir, a former New Straits Times Group Editor in Chief, ventures that the guilty parties, even if it includes the Prime Minister, must be brought to book. “We can seek a political solution by pressing for Najib’s departure if there’s sufficient evidence that he has been involved in criminal breach of trust (CBT) or abuse of power,” concedes Kadir. “However, justice must be allowed to prevail. The guilty parties must be made to face the full brunt of the law as Najib himself has called for in his Facebook posting.”

For starters, he isn’t impressed by Najib’s story that he had never taken funds for personal gain as confirmed by 1MDB, SRC International and other entities. “He might not have taken funds for personal purposes but he may have taken them for other purposes, as widely alleged, for funding the election campaign, for example,” said Kadir. “But what about commissions and under the counter payments generated by businesses linked to 1MDB, SRC and others?”

He stressed that Najib has not denied that he has bank accounts with AmBank, the bank named in the WSJ report. “It would be an offence for the bank to keep quiet if Najib does not have accounts with it.”

The veteran newsman urged the Inland Revenue Department (IRD) to also begin by investigating Najib’s daughter’s recent lavish wedding receptions and also find out whether his wife, Rosmah, has assets like palatial homes abroad.

“It’s also important for investigators to investigate companies like Genting and interrogate individuals like Ananda Krishnan (who is already implicated in a major telecommunications corruption scandal in India) and Jho Low, and the Arabs who have been named so far as linked to 1MDB.”

The burden of responsibility was the greatest for the political masters, he cautioned. “They have access to the investigating authorities and may be accused of complicity and treachery if they do nothing.”

Kadir warned that the investigating authorities concerned cannot be seen as uninterested, slow or hesitant. “If there’s a case, even against the Prime Minister, they must have the courage to act,” said Kadir. “It’s folly for the agencies concerned to assume that what they know about the case was a total secret.”

The officers concerned, he added, might have taken the oath of secrecy but confidential material may still leak because people involved in investigations may be unhappy with the follow-up by the Attorney General or they do not want to be accused later on of complicity or doing a bad job. “The WSJ and other international news organisations would not be able to get internal information about 1MDB or Najib’s billion ringgit account had there not been leaks somewhere.”

He argued that the longer the 1MDB controversy drags on, the worse it will be for the country. “The government was under siege at home and the country is becoming a laughing stock around the world,” laments Kadir. “Fitch rating may have upgraded our sovereign debt but things are getting worse for the people.”

The longer the 1MDB controversy drags on, he reiterated, the worse it would become for the key elements of government viz. the Attorney- General, Bank Negara, the Ppolice, the Malaysian Anti Corruption Commission (MACC), the Auditor-General, and the Public Accounts Committee (PAC).

 

Malaysia’s Deputy Prime Minister wants allegations against his boss investigated


July 4, 2015

COMMENT: Mr. Deputy Prime Minister stop playing games. If you dato-din-mericanhave any guts left in your body, you should confront the Prime Minister and deal with the 1MDB scandal seriously. You have not done so.

Now you are asking MACC’s Tan Sri Abu Kassim, Bank Negara Malaysia’s Tan Sri Zeti Aziz, and Royal Malaysian Police with the cooperation of the Attorney-General’s Chambers, led by the notorious Gani Patail to investigate the disclosures made by The Wall Street Journal.

You know that you are powerless  and cannot instruct these agencies and the central bank since they report to the Prime Minster who is also the Finance Minister. If you dare, you should make a Police report and even then, I am not sure that the Inspector-General of Police Tan Sri Khalid Abu Bakar will act against your powerful boss who can remove you from your present post in his Cabinet and commence investigations against you for past transgressions.

Do not kid yourself. You are as ineffective as an American Vice President who is a constitutional addition to  the White House and your counterpart in David Cameron’s Cabinet in the United Kingdom. Right now, all you can do is talk and make yourself look good in the hope that there is ground swell of support from UMNO members for you  to be the new Prime Minister  and party President.If  you want the job, you have to earn it by demonstrating leadership in a time of crisis of public and investor confidence.

Najib’s credibility has been thoroughly destroyed with the Wall Street Journal  disclosures.  Not even the King’s men in the Prime Minister’s Office led by Lim Kok Wing and Pemandu propagandists under Idris Jala can put him together again. Najib is as broken as big head Humpty Dumpty.

Our government officials too have lost public confidence and that is why the 1MBD scandal cannot come to a final closure. The Auditor-General can reveal this, but he will not unless  he is authorised by the Prime Minister to do so. Even Nur Jazlan’s Public Accounts Committee is useless.

All we want to know officially is what happened to the proceeds of the RM42 billion  debt in 1MBD’s books. As citizens and taxpayers we have the right to  be  given facts, not lies, since at the end of the day we will bear this burden through higher taxes.–Din Merican

Malaysia’s Deputy Prime Minister wants allegations against his boss investigated

by http://www.malaysiakini.com

Deputy Prime Minister Muhyiddin Yassin has called for allegations against his boss Najib Abdul Razak to be investigated following a Wall Street Journal report that claimed US$700 million (RM2.6 billion) of 1MDB’s funds had been deposited into the Prime Minister’s personal bank accounts.

“This allegation is very serious and can affect Najib’s credibility and integrity as prime minister and head of government. Therefore, it is my stance that the relevant investigative authorities, such as the Malaysian Anti Corruption Commission (MACC), Bank Negara Malaysia, Royal Malaysian Police with the cooperation of the Attorney-General’s Chambers, , must act immediately to investigate all allegations made against Najib,” he said in a statement today.

However the DPM did not comment if the Prime Minister should remain in office during the investigations.

Given that the allegations were against Najib himself, it is only fair that the Prime Minister explain himself, he said.

In this April 7, 2015 photo, Malaysian Prime Minister Najib Razak, left, and Deputy Prime Minister Muhyiddin Yassin attends the launch of the Malaysian Education Blue Print at a hotel in Kuala Lumpur, Malaysia. In an interview Thursday April 9, 2015, Najib pledged there will be no cover-up in the investigation of a debt-laden state investment fund and reiterated he is not involved in the murder of a Mongolian woman nine years ago. (AP Photo/Joshua Paul)

The political games they play on 1MDB Financial Scandal is at the expense of the Malaysian people. This is irresponsible leadership of the worst kind.

Muhyiddin welcomed Najib’s statement last night where the Prime Minister denied the embezzlement claims made against him. However, instead of questioning Wall Street Journal and Sarawak Report‘s credibility, Muhyiddin asked Najib to take legal action to clear his name.

“If he believes they are false allegations, then it is right for him to take legal action against those who made the accusations to clear his name and to return credibility to the government,” he said. Asking everyone to remain calm while the investigations are ongoing, he said he was certain the truth will be revealed eventually.

Yesterday, Wall Street Journal had reported that US$700 million (RM2.6 billion) had been deposited into Najib’s bank accounts from a 1MDB subsidiary.

The Prime Minister’s political secretary then said today that Najib planned to take legal action against WSJ as the report was “very malicious”.

Follow

Get every new post delivered to your Inbox.

Join 4,058 other followers