Category: Financial Scandals

November 14, 2016 is a black day for democracy in Malaysia. It is however a great day for kleptocracy in Malaysia.

Today, one of the most outspoken leaders in Malaysia against corruption and abuses of power, Rafizi Ramli, MP for Pandan and Secretary-General of PKR, was convicted on two charges under the Official Secrets Act (OSA) 1972 for trying to unravel the multi-billion dollar 1MDB kleptocracy scandal, sentenced to 18 months’ jail each and will be disqualified from standing for election as a Member of Parliament in the next 14th General Elections unless his appeal against conviction and sentence could succeed in the higher courts.

Yesterday, the Prime Minister, Datuk Seri Najib Razak called for the rejection of hypocrisy in public policy and politics.

Is the Malaysian government led by the Prime Minister guilty of hypocrisy in public policy and politics, especially with regard to the greatest question confronting Malaysians today – whether Malaysia should be a democracy or a kleptocracy?

Singapore over the weekend saw the first criminal conviction linked to the multi-billion dollar 1MDB kleptocratic scandal when former managing director of BSI in Singapore, Yak Yew Chew, 57, pleaded guilty to four charges relating to forgery and failure to disclose information.

Yak was sentenced to 18 weeks in jail and a S$24,000 fine after he agreed to disgorge S$7.5 million and to co-operate with Singapore investigations into the multi-billion dollar international 1MDB kleptocratic, embezzlement and money-laundering scandal.

In Malaysia, our first criminal conviction is not to uncover and penalize culprits and criminals responsible for the multi-billion dollar 1MDB kleptocratic scandal, which has caused the nation to suffer the international infamy and ignominy of being regarded worldwide as a “global kleptocracy”, but against a person who had patriotically and valiantly stood up for full accountability and transparency for the 1MDB kleptocratic scandal! Continue reading “Rafizi’s conviction, jail sentence and disqualification as MP confront Malaysians with the stark choice in 14GE whether they want democracy or kleptocracy in Malaysia”

The next General Elections will be a battle of democracy versus kleptocracy.

There is speculation that the next general elections would be held early next year. It could also be held in the second half of next year, especially after the 60th National Day celebrations centred on August 31, 2017.

Be that as it may, the voters of Malaysia should be asked to vote for democrats or kleptocrats, as to whether they want Malaysia to become a democracy or a kleptocracy.

What recently happened highlights the stark choice of the people between democracy and kleptocracy in the next general elections.

In the last two days, the international media have been screaming with headlines about the first criminal conviction linked to the 1MDB global financial scandal which took place in Singapore on Friday, viz:

• “Former BSI boss gets jail, fine in 1MDB-linked case” (Straits Times, Singapore);

• “Singapore Court Convicts Ex-BSI Banker in 1MDB Probe” (Wall Street Journal);

• “Former banker convicted in Singapore over 1MDB scandal” (Financial Times, London);

• “Singaporean banker jailed for role in 1MDB scandal” (Taipei Times);

• “Ex-BSI Banker Yak Found Guilty in Singapore 1MDB-Linked Case” (Bloomberg);

• “1MDB probe: Singapore banker Yak Yew Chee gets 18 weeks’ jail, S$24,000 fine” (Channel News Asia).

The common theme if these negative headlines is “1MDB”, a Malaysian state-owned investment fund supposed to attract foreign investment but instead spurred criminal and regulatory investigations around the world – and with Najib as the head of its advisory board exercising veto and final executive powers.

But the Malaysian government authorities and institutions pretend that these foreign criminal and regulatory investigations and actions linked to 1MDB’s international money-laundering forays do not exist. Continue reading “14th General Election will be battle of democracy versus kleptocracy”

The Malaysian Parliament has become a national disgrace when after meeting for two weeks, it is not prepared to do anything to purge and cleanse the national infamy and ignominy of being regarded world-wide as a global kleptocracy.

Parliament experimented with parliamentary reforms like the Ministerial Question Time (MQT) intended to make Parliament more relevant by dealing with urgent topical issues, but my question to the Prime Minister asking what the government was doing to cleanse and purge the country of the infamy and ignominy of being regarded world-wide as a “global kleptocracy” could not see the light of day, although it was submitted three times at each of the first three MQTs in the past fortnight.

This raises the question whether MQT is capable of making Parliament more relevant by dealing with pertinent national issues like the question of the national infamy and ignominy for being regarded world-wide as a global kleptocracy.

Is there a light at the end of the tunnel to cleanse and purge Malaysia’s infamy and ignominy as a global kleptocracy as a result of the 1MDB global mega-financial scandal, the US Department of Justice (DOJ)’s largest single action against US$1 billion 1MDB-linked assets under the US Kleptocracy Assets Recovery Initiative and the investigations by regulatory authorities in Switzerland, Singapore, Abu Dhabi, Australia, Luxembourg, Hong Kong and United Kingdom?

Or is there no way the issues of integrity, accountability and transparency in the 1MDB global mega- financial scandal could be pinned down and dissected in the Malaysian Parliament for answers and full accountability to be provided by Prime Minister Datuk Seri Najib Razak and his Ministers and that such answers and reforms are only possible if there is a change of Federal Government in the next 14th General Election? Continue reading “Parliament has become a national disgrace when after meeting for two weeks, it is not prepared to do anything to purge and cleanse the national infamy and ignominy of being regarded world-wide as a global kleptocracy”

The Chairman of BN Back Benchers Club and former Cabinet Minister, Tan Sri Shahrir Samad is not doing his political credibility any service when he denounced former Cabinet Ministers, Datuk Seri Ahmad Husni Hanadzlah and Datuk Seri Shafie Apdal for asking questions about the 1MDB global financial scandal in the current debate in Parliament.

Shahrir should have praised Husni and Shafie for their conviction and principle for asking in Parliament when they could not get answers in the Cabinet about the 1MDB global financial scandal – which is particularly commendable in the case of Husni, who was appointed the Cabinet spokesman on 1MDB in the middle of last year.

When even the only Minister to be appointed Cabinet spokesman for 1MDB is in the dark about the many important transactions and decisions taken by 1MDB, is Shahrir seriously suggesting that it is a patriotic option for Husni to keep silent in Parliament about his worries, reservations and concerns about the 1MDB financial scandal?

In fact, the question Shahrir should answer as Chairman of BNBBC, former Cabinet Minister and one of the very few in UMNO/BN who claims to have principles and integrity is why he has not yet broken his silence on the 1MDB scandal? Continue reading “All UMNO/BN Ministers and MPs should declare the donations they received from Najib personal banking accounts for the 13GE, like Shahrir who got RM1 million, and whether this is the reason they are keeping dumb on 1MDB scandal”

It is now confirmed.

The Malaysian Parliament is a third-world Parliament incapable of becoming a first-world Parliament with its charade pretending that Malaysia’s infamy as a “global kleptocracy”, US Department of Justice (DOJ) billion-dollar forfeiture of 1MDB-linked assets and the 1MDB global financial scandal do not exist.

I have given Parliament three opportunities to prove that it is not a third-world Parliament where the majority of MPs are not in hock to the Prime Minister and the Executive, but I have failed and Parliament has failed.

It is now clear that the majority of MPs are in hock to the Prime Minister and the UMNO/BN government of the day as Parliament continues with the parliamentary charade to prop up the Prime Minister and the UMNO/BN government by ignoring the world-wide currents swirling with increasing intensity over Malaysia’s first international financial scandal which has netted for Malaysia the ignominous epithet of a “global kleptocracy”.

Even the Parliament Speaker has got into the act, with his arbitrary “sub judice” ruling to ban these issues from being questioned or debated in Parliament.

My question on the question of Malaysia as a global kleptocracy was submitted for the third time for the third Ministerial Question Times (MQT) today, but it has again been rejected by the Speaker, Tan Sri Pandikar Amin Mulia. Continue reading “Confirmed – Parliament a third-world Parliament with its charade pretending that Malaysia’s infamy as “global kleptocracy”, US DOJ billion-dollar forfeiture of 1MDB-linked assets and 1MDB scandal do not exist”

The Prime Minister, Datuk Seri Najib Razak said that Opposition MPs have embarrassed themselves by staging a walkout during his Trumpish 2017 budget speech in Parliament on Friday.

The Defence Minister, Datuk Seri Hishammuddin Hussein said that the walkout of Opposition MPs from Najib’s 2017 Budget in Parliament was shameful and indecent because never in the history of the country had MPs walked out during the budget presentation.

The Minister for Youth and Sports, Khairy Jamaluddin said it was unprofessional for Opposition MPs to stage a walk-out of Parliament during Najib’s budget speech.

Let me tell UMNO leaders from Najib to Hishammuddin to Khairy that they should realise that there is nothing more embarrassing, shameful, indecent and unprofessional than to lead Malaysia to a “global kleptocracy”.

I am shocked that the Prime Minister and all the UMNO and Barisan Nasional Ministers are completely bereft of shame and outrage that Malaysia is regarded world-wide as a “global kleptocracy” and they could accept such infamy and ignominy to the nation with such equanimity, passivity and peace of mind!

I for one have never felt so ashamed and outraged as a Malaysian in my 75 years that the country I so loved and for which I am prepared to sacrifice my freedom and liberties have descended so low that it is regarded world-wide as a “global kleptocracy”, a country ruled by PPP – Penchuri, Perompak dan Penyamun! Continue reading “UMNO leaders from Najib, Hishamuddin to Khairy should realise that there is nothing more embarrassing, shameful, indecent and unprofessional than to lead Malaysia to a “global kleptocracy””

I will ask for a third time in the third session of Minister’s Question Time (MQT) next Tuesday the question what the government is doing to purge the country of the infamy of a “global kleptocracy”, which will be a test of whether the Malaysian Parliament is capable of becoming a first-world Parliament or is destined to be relegated to a third-world Parliament status.

I had boycotted the two MQTs last Tuesday and Thursday in protest agains the parliamentary charade pretending that Malaysia’s infamy for being a “global kleptocracy” does not exist.

I had on both MQT occasions submitted a question to ask the Prime Minister what action the government was taking to cleanse and purge the national infamy of being regarded world-wide as a “global kleptocracy”, but on both occasions, the question was not picked by the Speaker, Tan Sri Pandikar Amin Mulia, as one of the three questions for answer during the MQT.

During the first day of Parliament last Monday, the Speaker made a most shocking and extraordinary ruling, barring all questions on the US Department of Justice (DOJ) lawsuit filed on July 20 seeking forfeiture of US$1billion 1MDB-linked assets in the United States, United Kingdom and Switzerland from over US$3 billion international embezzlement, misappropriation and money-laundering of 1MDB funds on the ground that it is “sub judice”.

Pandikar is making a Speaker’s ruling which sets a world precedent, for no other Parliament in the world applies the “sub judice” rule arising from lawsuits in foreign countries. Continue reading “I will ask for a third time in the MQT on Tuesday the question what the government is doing to purge the country of the infamy of a “global kleptocracy” – a test of whether Malaysian Parliament is first or third world Parliament”

Malaysia seems intent to be constantly in international headlines as the laughing stock of the world – the latest being the “hotdog” furore and the Speaker of a global kleptocracy trying to ensure integrity of justice system in the United States!

I fully agree with former Cabinet Minister Tan Sri Rafidah Aziz who lamented that Malaysia’s reputation as a moderate Muslim nation is being negated with unfavourable developments which paint the country as nation governed in some spheres by people with horses blinkers – like the furore involving Auntie Anne’s “pretzel dog”, with people in power who had gone “doggone loco” trying to change the name of popular Western snack.

Then we have the Speaker of Parliament of a country which is the latest entry of the obnoxious club of “global kleptocracies” trying to ensure the integrity of the justice system in the United States, when we cannot ensure the integrity of the Malaysian judiciary in the first place.

Yesterday, Dewan Rakyat speaker Tan Sri Pandikar Amin Mulia says it is sub judice to discuss the United States Department of Justice (DOJ) suit on 1MDB assets, because the Hansard could then be cited by the DOJ in the US hearing.

He said: “Even if no one from Malaysia is called to testify in the trial in America, they can quote what is being said in the Malaysian Parliament in order to influence the trial in the America.

“This is why I did not allow the debate, because every argument made here can be used in the American trial, even if it is in a foreign land.

“What the minister said here can be quoted in the American trial. In my opinion, this can influence the trial.” Continue reading “Malaysia intent on becoming laughing stock of the world – from “hotdog” furore to Speaker of global kleptocracy trying to ensure integrity of justice system in United States when we cannot ensure integrity of Malaysian judiciary”

Today is the second day of Minister’s Question Time (MQT) which I am continuing to boycott in protest against the parliamentary charade pretending that Malaysia’s infamy for being a “global kleptocracy” does not exist.

I had again submitted a question for the MQT today to ask the Prime Minister what action the government was taking to cleanse and purge the national infamy of being regarded world-wide as a “global kleptocracy”, a question which was not picked by the Speaker, Tan Sri Pandikar Amin Mulia, as one of the three questions for answer during the MQT debut on Tuesday.

This question has again been rejected for the MQT today.

All over the world, the reverberations from Malaysia being regarded world-wide as a global kleptocracy as a result of the 1MDB global financial scandal continues unabated, but in Malaysia, Parliament is the latest recruit of the great national pretence that Malaysia’s infamy being regarded world-wide as a global kleptocracy as a result of the 1MDB global financial scandal does not exist. Continue reading “Continued boycott of second Minister’s Question Time: Parliament must bear part responsibility if Malaysia TI CPI 2016 plunges because of Malaysia’s world-wide infamy as the newest global kleptocracy”

On May 26 in Parliament, the UMNO leadership led MCA, Gerakan, MIC and the Sabah/Sarawak Barisan Nasional parties down the garden path when without any Barisan Nasional “consensus”, the UMNO Minister in the Prime Minister’s Department, Datuk Azalina Othman Said unilaterally and arbitrarily, moved a motion in Parliament to give priority to PAS President, Datuk Seri Hadi Awang’s private member’s bill motion over all official business.

In the last two days in Parliament, the UMNO leadership led PAS President, PAS MPs and the PAS membership down the garden path when Hadi’s private member’s bill motion was pushed from Item No. 4 yesterday to Item No. 7 today.

Although PAS members throughout the country expected Hadi’s private member’s bill motion to be passed in Parliament either yesterday or today, it is now clear that Hadi’s private member’s bill motion is unlikely to be debated in this first week of Parliament, which means it could not be debated, if at all, only in the last two days of the present budget meeting on Nov. 23 and 24 as Parliament will begin debating the 2017 Budget on Monday.

The intriguing question is who UMNO is leading down the garden path – MCA/Gerakan/MIC/BN parties in Sabah and Sarawak or PAS? Continue reading “Is UMNO leading MCA/Gerakan/MIC/BN or PAS down the garden path on Hadi’s hudud bill?”