Can the prime minister survive?

– Greg Lopez
The Malaysian Insider
30 July 2015

The president of Umno is always the prime minister of Malaysia. It is Umno who decides who becomes the prime minister. Leadership crisis in Umno always has serious implications to national leadership and Malaysia.

The leadership crisis within Umno occurs almost every decade. The outcomes of these leadership crises are balanced as the context is important in determining the survival of the incumbent.

The first leadership crisis happened almost as soon as Umno was established.

Leaders from Umno’s Islamic Department left in 1951 to form the Pan Malaysian Islamic Party of Tanah Melayu, now known as the Pan Malaysian Islamic Party or PAS. Continue reading “Can the prime minister survive?”

Is Apandi as the new Attorney-General going to be Najib’s hatchet man to usher a new dark age subjecting national institutions to a second wave of attacks or will he be sentinel to ensure an “enlightened and democratic” Malaysia

The first statement of the new Attorney-General, Tan Sri Mohamed Apandi Ali is to justify the removal of his predecessor Tan Sri Abdul Gani Patail as constitutional and according to law.

Apandi said his predecessor’s rank is not reduced in any way. Are we having two Attorney-Generals in Malaysia – Apandi with all the powers and perks of the office, and Gani, enjoying all the perks but not the powers of Attorney-General?

Apandi said Article 145(6) of the Federal Constitution requiring the setting up of a tribunal for the dismissal of the Attorney-General in the like manner for the removal of a Federal Court judge does not apply, relying fully on Article 145(5) that states that the Attorney-General holds office at the pleasure of the Yang di Pertuan Agong.

I will leave it to the lawyers to address nettlesome question whether Gani’s sudden and summary sacking as Attorney-General on Monday is constitutional or not.

However, in an era when the Government knows best is over, which Prime Minister Datuk Seri Najib Razak had fully acknowledged when he became Prime Minister more than six years ago, Malaysians are entitled to a full explanation why Gani had been treated so shabbily and humiliatingly that he had been sacked suddenly and summarily after serving for nearly 13 years as AG and will retire in two months’ time on Oct. 6 when he celebrates his 60th birthday.

Gani would not have been taken by surprise by his termination as Attorney-General on Monday if he had applied for early retirement.

Wasn’t he entitled to the basic courtesy of being informed that his tenure as Attorney-General was being terminated, if “health problems” were the real reasons for the termination? Continue reading “Is Apandi as the new Attorney-General going to be Najib’s hatchet man to usher a new dark age subjecting national institutions to a second wave of attacks or will he be sentinel to ensure an “enlightened and democratic” Malaysia”

Ransacking Malaysia: the Najib Corruption Dossier

by BINOY KAMPMARK
CounterPunch
JULY 28, 2015

He is, like many of his colleagues in the United Malays National Organisation (Umno), a stubborn barnacle. The Malaysian Prime Minister Najib Razak has struggled cleaning up the mess that ensued after revelations that he has been effectively ransacking the Malaysian state during his time in office. Pity a country with natural resources, and government policies that pride connections over industry; sleeping partners over industrious ones.

The so-called 1MBD revelations have done much to tarnish, and possibly sink Najib in the kleptocratic maelstrom. The 1Malaysia Development Bhd, Fund or 1MDB, has been riddled with rotten apples, and there always was a looming question as to whether one of them came from the PM’s office. Najib, for one, founded the body while heading its board of advisors. During the course of his stewardship, the government investment fund accumulated a weighty $11 billion in debt. Promised ventures have not taken place: the failure to develop the Tun Razak Exchange project, and the lack of promised contributions from partners.

After some investigative digging on the part of the Sarawak Report and Wall Street Journal, a link was supposedly established between Najib’s personal accounts held at AmPrivate Banking in Kuala Lumpur and the 1MDB money trail. Amounts totalling $US681,999,976 (RM2.6 billion in local currency) was wired from the Singapore branch of the Swiss Falcon private bank owned by Abu Dhabi fund Aabar into the AMBank account on March 2013 ahead of the General election. Such is the nature of “strategic partnerships”.

Then came the amount of RM42 million stemming from the notorious SRC International Sdn Bhd, another company with links to 1MDB. The money also happened it find itself in Najib’s accounts and came from unaccounted funds provided by the public pension fund KWAP.

The exposure has produced more than a flutter in Malaysian politics. Malaysiakini mocked the prime minister’s reaction to questions on the scandal as he left an open house gathering with former prime minister Abdullah Ahmad Badawi: “Okay lah.”[1] Continue reading “Ransacking Malaysia: the Najib Corruption Dossier”

Malaysia’s mess is Mahathir-made

Dan Slater
East Asia Forum
29 July 2015

At least embattled Malaysian Prime Minister Najib Razak is right about one thing. The current mess in Malaysian politics is the making of his greatest nemesis, Mahathir Mohamad, who led the Southeast Asian nation with an iron fist from 1981–2003. What Najib fails to fathom is that Mahathir has not produced this mess by criticising his leadership, but by paving Najib’s path to power in the fashion he did during his decades in office. Mahathir may believe that he can end the crisis by bringing Najib down. But history should judge Mahathir himself as the author of a long national decline that has culminated in this latest crisis.

To be sure, Najib’s fingerprints are all over the current mess. The proximate source of the crisis has been the collapse of Najib’s pet sovereign-investment company, 1Malaysia Development Berhad (1MDB). This has caused Malaysia’s stock market and currency, the ringgit, to plummet in turn. All this has transpired amid credible allegations that the prime minister siphoned an eye-popping US$700 million into his personal bank account.

But this road toward ruin commenced with Mahathir, not Najib. Continue reading “Malaysia’s mess is Mahathir-made”

5 Reasons Why Obama Should Steer Clear of Malaysian Prime Minister Najib Razak

Charlie Campbell
Time
July 28, 2015

Washington is having serious trouble finding dependable allies in Southeast Asia

The U.S.’s “rebalancing” toward Asia has two main pillars: being a counterweight to China and securing a free-trade deal called the Trans-Pacific Partnership. If Washington is to succeed on both fronts, it needs as many friends in the region as it can win. The U.S.’s newest ally is Malaysia, this year’s chair of the 10-member Association of Southeast Nation, collectively a growing market, and, on the surface, a modern, democratic, Muslim country. In April 2014 U.S. President Barack Obama paid an official visit to Malaysia, the first sitting President to do so in decades, and, later in the year, played golf with Malaysian Prime Minister Najib Razak when both were on holiday in Honolulu. This November, Kuala Lumpur will host the next East Asia Summit and Obama is due to attend.

But recently, all the news coming out of Malaysia is negative. After becoming embroiled in a corruption scandal, Najib on Tuesday sacked his deputy and Malaysia’s attorney general in an apparent purge of critics. British Prime Minister David Cameron is facing a domestic backlash for pushing forward with a visit to Kuala Lumpur this week despite the snowballing controversy. Here are five reasons why Obama might want to break from Cameron by giving Najib a wide berth. Continue reading “5 Reasons Why Obama Should Steer Clear of Malaysian Prime Minister Najib Razak”

Why sacking Muhyiddin riskier than sacking Anwar Ibrahim

– Shahrul Yusof
The Malaysian Insider
28 July 2015

I remember it was in early September 1998, when TV3 broke the news about then prime minister Tun Dr Mahathir Mohamad sacking his deputy, Datuk Seri Anwar Ibrahim.

It was during my summer holiday and I was back home with my family. Immediately after that I rang my friend Yazid in the UK and told him about the news.

Surprised he certainly was, and immediately conveyed the message to my other friends who were in England, and within a few days news reached everyone in the mosque there.

Six hours ago, I woke up at 6am in Manchester and grabbed my phone and to my surprise, Tan Sri Muhyiddin Yassin was out.

My Facebook timeline flashing with news after news about the sacking. Here in the UK, at the same time, Malaysian’s were already in chapter 4 of the chronological discussions, and it was less than an hour after Najib’s press statement. Continue reading “Why sacking Muhyiddin riskier than sacking Anwar Ibrahim”

Najib Razak is hardening Malaysia’s democratic political arteries

by Greg Earl
Australian Financial Review
29 July 2015

Malaysia was once the beacon of modernity in post-colonial south-east Asia, but it is now increasingly at the front line of an unnerving decline in government stability across the region, with Thailand under persistent military rule, Myanmar winding back an open election and Indonesia turning distinctly economic nationalist.

And, after sacking his independent-minded deputy on Tuesday, Prime Minister Najib Razak​ is looking a lot like Monty Python’s Black Knight as he refuses to acknowledge that his country is facing big questions over its ability to deal with corruption scandals.

He’s now sacked the man who might have replaced him, removed the minister overseeing an investigation getting too close to home, closed the country’s most innovative newspaper and is threatening to sue The Wall Street Journal just when US officials are doing their best to keep Malaysia inside the planned Trans-Pacific Partnership (TPP) trade zone. And that’s not counting dismissing the relentless campaign by former strongman Mahathir Mohamad to tear down all his successors.

But reshuffling his ministry on Tuesday to neuter potential rivals and a corruption investigation, Najib scarcely even conceded a flesh wound. Continue reading “Najib Razak is hardening Malaysia’s democratic political arteries”

The elephant in the room

Khairie Hisyam Aliman
Malay Mail Online
July 27, 2015

JULY 27 — On Sunday, Barisan Nasional strategic communications director Datuk Abdul Rahman Dahlan published a 26-point comment on his Facebook page on the suspension of The Edge and the scandal around 1Malaysia Development Berhad (1MDB).

In that posting Datuk Abdul Rahman, also the federal housing minister, makes a long argument for the suspension and other things. You can read it here.

But the heart of the current scandal remains simple.

As BN’s strategic communications director Datuk Abdul Rahman would surely be strategically well aware of the best and most strategic question to strategically answer in order to strategically kill most of the speculation going around on the current scandal, which has evolved beyond just 1MDB.

Did RM2.6 billion in money, not units, make its way to personal bank accounts belonging to the prime minister as alleged by the Wall Street Journal (WSJ)?

Yes?

No?

That’s all we need to know first and foremost. We don’t need yet to hear about what the money was or was not used for, if the transfer happened. Nor do we need yet to hear about whether there was personal gain involved, if the transfer happened. Just yes or no for starters. Continue reading “The elephant in the room”

Why are the lawyers in Cabinet silent about Gani’s sacking as Attorney-General when it is patently unconstitutional and an affront’s to Malaysia’s commitment to uphold the rule of law

Tan Sri Muhyiddin Yassin accepts that it is the Prime Minister’s prerogative to sack the Deputy Prime Minister and to remove any Minister from the Cabinet.

It is for the court of public opinion and history to judge whether the Prime Minister had made a colossal political blunder or had made a brilliant political move.

But has the Prime Minister the prerogative to sack the Attorney-General, the highest legal officer of the land, on his whims and fancies without regard to due process?

The answer must be a firm “No”, for Article 145(6) of the Malaysian Constitution makes it very clear that the Attorney-General “shall not be removed from office, except on the like grounds and in the like manner as a judge of the Federal Court” and Article 125(3) lays down the procedure for the removal of a Federal Court judge, which requires the equivalent of a judicial tribunal to adjudicate his removal whether on the ground of breach of the code of ethics or of inability, from infirmity of body or mind or any other cause, properly to discharge the functions of his office.

The immediate and instant sacking of Tan Sri Abdul Gani Patail as Attorney-General, in the manner of the announcement yesterday morning by the Chief Secretary to the Government, Tan Sri Dr. Ali Hamsa without Gani even knowing about it beforehand is clearly unconstitutional and an affront to a country which upholds constitutionalism and the rule of law. Continue reading “Why are the lawyers in Cabinet silent about Gani’s sacking as Attorney-General when it is patently unconstitutional and an affront’s to Malaysia’s commitment to uphold the rule of law”

If PAC probe into 1MDB grinds to a halt, it will be best proof that the overriding objective of the Cabinet reshuffle yesterday was to block, frustrate, sabotage or drag out investigations into biggest financial scandal in nation’s history

Any attempt to halt the Public Accounts Committee (PAC) investigations into the 1MDB scandal will be the best proof that the overriding objective of the Cabinet reshuffle, which saw the sacking of the Deputy Prime Minister-cum-Education Minister and the Minister for Rural and Regional Development (one UMNO Deputy President and the other UMNO Vice President) for asking questions about 1MDB which all thinking Malaysians are asking, is to block, frustrate, sabotage or drag out investigations into the biggest financial scandal in the nation’s history.

I am surprised at Datuk Nur Jazlan’s acceptance of the appointment as Deputy Home Minister, for it was only ten days ago that he said publicly that he would rather finish his task as PAC Chairman in the PAC investigations on 1MDB first before accepting any Cabinet appointment.

He even said that this was the first time the chair of the PAC is held by a chartered professional accountant and he wanted to use his experience in politics, accountancy and corporations to steer the PAC especially in the 1MDB issue.

I do not know what made Nur Jazlan change his mind and renege on his public undertaking, especially as he was only offered a Deputy Ministership and not a full Ministerial appointment, but he is guilty of conflict-of-interest when he said yesterday that the PAC probe into the 1MDB is now on hold until the next Parliamentary meeting which is not scheduled to meet until Oct. 19. Continue reading “If PAC probe into 1MDB grinds to a halt, it will be best proof that the overriding objective of the Cabinet reshuffle yesterday was to block, frustrate, sabotage or drag out investigations into biggest financial scandal in nation’s history”

Facing corruption scandal, Malaysian PM fires officials investigating him

Aljazeera
July 28, 2015

Critics say Najib Razak is trying to avoid prosecution amid allegations that he received $700 million in state funds

Malaysian Prime Minister Najib Razak, stung by allegations that he received some $700 million in government money, fired the attorney general who had been investigating him and a deputy who has been among his most prominent critics on Tuesday.

Najib is under increasing pressure over leaked confidential documents that allegedly show the money, from state investment fund 1MDB, went into his personal accounts.

Najib announced over national television Tuesday that his deputy Muhyiddin Yassin will be replaced by Ahmad Zahid Hamidi, a Cabinet member who will also retain his home minister portfolio. Earlier Tuesday, the government announced it had terminated the services of Attorney General Abdul Gani Patail.

Najib said he also dropped four other ministers to strengthen his administration and ensure they can “work as a team.” Continue reading “Facing corruption scandal, Malaysian PM fires officials investigating him”

Call for emergency meeting of Parliament before August 31 for a confidence vote on Prime Minister Najib and his new Cabinet and to ensure comprehensive and unfettered investigations into 1MDB scandal and WSJ reports

The sudden Cabinet reshuffle today, sacking Deputy Prime Minister and Education Minister, Tan Sri Muhyiddin Yassin and four other Ministers, following the morning shocking sacking of Tan Sri Gani Patail as the Attorney-General more than two months before his retirement on 6th October are the latest panic efforts to salvage the rapidly sinking UMNO/BN coalition which had governed this country for 58 years.

The Cabinet reshuffle today has been described as “rearranging the furniture on the sinking Titanic” and future history will vindicate this description.

The Cabinet reshuffle is not designed to produce a more competent, efficient and professional Cabinet which can save Malaysia from becoming a failed state because of rampant corruption, socio-economic inefficiencies and injustices, and the failure of good governance, but to give Prime Minister Datuk Seri Najib Razak a new lease of political life by removing from the Cabinet Ministers who threaten his political future by demanding that the Prime Minister should give proper public explanation and accountability for the RM42 billion 1MDB scandal and the Wall Street Journal allegation that RM2.6 billion had been deposited into his personal accounts before the 13th General Election.

The important Education Ministry has again been split into two Ministries, one for Education and the other Higher Education, but looking at the Ministers and Deputy Ministers assigned to these two critical Ministries, I fully understand the feeling of the Selangor State Assemby Speaker Hannah Yeoh when she tweeted: “I look at the Education Ministry and I want to cry for our children sake.”

My disappointments at the lack of Ministerial leaderships in both the Education and Higher Education Ministries after the reshuffle are summed up in my tweet: “Not inspiring developments that Malaysian education can restore glorious past.”

But the sine qua non dictating the sudden Cabinet reshuffle is not any higher notions of taking Malaysia to greater political, economic, educational and social heights of achievement, but purely to consolidate Najib’s power position by removing all possible threats to his political survival. Continue reading “Call for emergency meeting of Parliament before August 31 for a confidence vote on Prime Minister Najib and his new Cabinet and to ensure comprehensive and unfettered investigations into 1MDB scandal and WSJ reports”

Najib’s Nixon Moment

M. Bakri Musa
www.bakrimusa.com)
28th July 2015

The Special Task Force and Parliamentary Committee investigating 1MDB (Najib Administration’s business entity) are missing the crux of the matter. They are distracted by and consumed with extraneous and irrelevant issues, either through incompetence or on purpose, as being directed to do so.

The consequence is that what was initially a problem of corporate cash-flow squeeze has now degenerated into a full-blown scandal engulfing not only Najib’s leadership but also the national governance. The only redeeming feature is that for once a national crisis does not parallel the country’s volatile racial divide, despite attempts by many to make it so.

Torrent of ink has been expended on that tattooed Swiss national now in a Thai jail, the suspension of The Edge, the threatened lawsuit against the Wall Street Journal (WSJ), and the blocking of the Sarawak Report website. These are but distracting sideshows. Even veteran and hard-nosed observers and commentators are taken in by these distractions.

The central and very simple issue is this: Did Prime Minister Najib divert funds from 1MDB to his private account as alleged by WSJ and others?

The issue is simple because it requires only a brief “Yes” or “No” response. Continue reading “Najib’s Nixon Moment”

Andai Watergate di Malaysia: satu imaginasi ringkas

Mohsin Abdullah
The Malaysian Insider
27 July 2015

Sebut Watergate umum terus kaitkan dengan skandal politik besar di Amerika Syarikat (AS) pada 1972. Ramai tahu kisahnya. Maka tidak perlu saya mengulangi apa yang orang sudah tahu. Bagi yang “lupa” atau mereka yang mahu imbas kembali sila google.

Pun begitu, bercakap mengenai Watergate dua nama timbul dengan serta merta. Bob Woodward dan Carl Berstein. Kedua-duanya wartawan akhbar The Washington Post yang membongkar skandal itu dengan “bantuan” pemberi maklumat misteri yang mereka gelar “Deep Throat”. Lantas menyaksikan pelbagai siasatan dijalankan sehingga membawa ke Kongres.

Memendekkan cerita yang panjang, kemuncaknya ialah Richard Nixon, presiden AS ketika itu terpaksa meletak jawatan pada 1974. Woodward and Berstein menjadi terkenal. Mendapat bermacam pengiktirafan termasuk memenangi Anugerah Putlizer. Dan buku buku yang mereka tulis menjadi best seller. Continue reading “Andai Watergate di Malaysia: satu imaginasi ringkas”

Tak mengapa jadi ‘Mugabe’, asalkan terus berkuasa

Amin Iskandar
The Malaysian Insider
26 July 2015

Tiada berita lebih besar di Malaysia minggu ini selain penggantungan permit penerbitan akhbar mingguan The Edge dan harian The Edge Financial Daily.
Mana tidaknya, petanda sesebuah pemerintah atau kerajaan itu menuju kediktatoran adalah menekan media atau menutup surat khabar, sesuatu yang pernah dilakukan diktator-diktator “ulung” Asia Tenggara seperti bekas Presiden Indonesia, Suharto.

Ironinya, jika dahulu majalah Tempo “dikerjakan” Suharto kerana laporan tentang skandal pembelian kapal perang, akhbar The Edge kini digantung kerana menyiarkan laporan tentang syarikat sarat hutang 1Malaysia Development Berhad (1MDB).

Alasan digunakan Suharto pada ketika itu untuk menutup Tempo dan beberapa akhbar lain yang melaporkan skandal “anak emasnya” B. J. Habibie sama seperti digunakan Kementerian Dalam Negeri (KDN) iaitu memudaratkan ketenteraman awam!

Pada masa sama, “ikan-ikan bilis” berkait dengan 1MDB satu persatu didakwa di mahkamah.

Mungkin juga semua ini hanyalah kebetulan akan tetapi menghairankan “jerung besar” seperti Perdana Menteri Datuk Seri Najib Razak yang didakwa The Wall Street Journal (WSJ) menerima RM2.67 bilion wang 1MDB dalam akaun peribadinya tidak pula berdepan apa-apa siasatan atau tindakan. Continue reading “Tak mengapa jadi ‘Mugabe’, asalkan terus berkuasa”

1MDB has become 1Malaysia Disaster Bhd, consuming UMNO/Barisan Nasional Federal Government but it must not be allowed to destroy Malaysia!

When the Home Minister, Datuk Seri Zahid Hamidi issued a statement on Saturday night that he was mulling action against Sarawak Report editor Clare Rewcastle-Brown, including calling for her extradition from United Kingdom for the “crime” of foreign interference in the internal affairs of Malaysia, he was rightly mocked for his presumption in expecting the British government to “play ball” with such a silly notion merely because Claire had exposed a multi-billion dollar financial scandal in Malaysia.

As DAP MP for Segambut Lim Li Eng has pointed out, this is a “big bluff” when those involved in least four high profile cases were now abroad – sex blogger Alvin Tan, Facebook activist Ali Abdul Jalil, Malaysia Today operator Raja Petra Kamaruddin and former policeman Sirul Azhar Umar, who was convicted for murdering Mongolian Altantuya Shaariibuu.

But apart from the ludicrousness of Zahid’s extradition suggestion, I see a more sinister aspect – the thoughts behind such a ridiculous idea, as the Home Minister cannot be so dumb as to believe that his extradition proposal would have any traction with the UK Government.

The question all discerning Malaysian should be asking is whether a plot is being hatched to launch as wide a dragnet as possible to implicate the maximum number of critics of the Prime Minister, Datuk Seri Najib Razak and the biggest financial scandal in the country, the RM42 billion 1MDB scandal, to rope them in and even charge them for participating in an international plot to topple the elected Prime Minister of Malaysia?

Talk of seeking extradition of Clare is just an icing for the cake of the allegation of an international conspiracy to topple the elected Prime Minister of Malaysia, as for advocates of this extreme option, it is not important whether the extradition request succeeds or not, but suffice for it to provide the “international character” to justify the wild allegation of an international plot to criminalise Najib Razak and topple the elected Prime Minister of Malaysia.

And into such a “plot on a plot”, all the critics of the Prime Minister and 1MDB scandal could be lumped together for allegedly committing “activities detrimental to parliamentary democracy”, sabotage or treason for consorting with foreign elements in criminalising Najib and seeking to topple the elected Prime Minister – such as the Edge Media Group owner Tong Kooi Ong, Edge publisher and Group CEO, Ho Kay Tat, MPs Tony Pua and Rafizi Ramli, even the former Prime Minister, Tun Mahathir, the Opposition leader in Sungai Buloh prison Datuk Seri Anwar Ibrahim and Najib’s brother Nazir Razak?

Far-fetched? We are living in dangerous times. Continue reading “1MDB has become 1Malaysia Disaster Bhd, consuming UMNO/Barisan Nasional Federal Government but it must not be allowed to destroy Malaysia!”

I was offered $2.7m for stolen data: Ex-PetroSaudi employee Xavier Andre Justo on the 1MDB saga

Nirmal Ghosh
Straits Times
Bangkok
July 24, 2015

Ex-PetroSaudi employee says he was never paid what prominent Malaysian businessman promised him

Swiss national Xavier Andre Justo – who is now in jail in Thailand in connection with trying to blackmail his former employer, PetroSaudi, which is entangled in a huge scandal involving the Malaysian government – has claimed that he was promised US$2 million (S$2.7 million) in exchange for data he stole from his former employer.

He also told The Straits Times in a prison interview that he was never paid what he was promised by a prominent Malaysian businessman. Justo claimed a deal was reached in Singapore in February on the sale of the documents, which was followed by lengthy discussions on how he would be paid.

The group of people he met in Singapore to negotiate the sale of the data were named in a 22-page confession Justo made to Thai police. He showed a copy of the confession to The Straits Times. Continue reading “I was offered $2.7m for stolen data: Ex-PetroSaudi employee Xavier Andre Justo on the 1MDB saga”

Malaysia’s Edge Group Publications Suspended

By John Berthelsen
Asia Sentinel
July 24, 2015

Government action comes as owner, publisher, say they obtained documents through a ruse

The Edge Financial Daily, the country’s leading financial newspaper, and The Edge Weekly have been suspended from publishing for three months by Malaysian authorities for reporting on the scandal-tarred 1 Malaysia Development Bhd development fund that authorities said was “prejudicial or likely to be prejudicial to public order, security or likely to alarm public opinion.” It also stated that the reporting on 1MDB was “likely to be prejudicial to public and national interest.”

The suspension is unprecedented. Last week, the government also blocked The Sarawak Report, written by Clare Rewcastle Brown from the UK, which has been equally critical of the government. Prime Minister Najib Tun Razak has been tied directly to the scandal by reports that US$680 million had been spirited from 1MDB-related companies into his personal accounts.

Tong Kooi Ong, the owner of The Edge Group, and Ho Kay Tat, the publisher, have both been threatened with arrest. Ho was forced to report to the police on July 22 and was questioned for two hours over the paper’s publication of a 3,800 word on July 21 report describing in deep detail, with flow charts, how money had flowed out of 1MDB into PetroSaudi International, a Middle East-based oil exploration company, and that US$1.83 billion allegedly was stolen by company officers and others. Continue reading “Malaysia’s Edge Group Publications Suspended”

Najib intends to roll on, not over

Economist
Jul 25th 2015 | KUALA LUMPUR

Soldiering on – Malaysia’s prime minister battles claims of corruption

WHATEVER the truth of them, the accusations levelled against Najib Razak, Malaysia’s prime minister, have astonished a country that some had thought inured to scandal. In early July the Wall Street Journal reported that it had seen documents produced by government investigators suggesting that nearly $700m from companies linked to a troubled state-backed investment fund had been paid into what they believed to be Mr Najib’s personal bank accounts. With worries about an oil-dependent economy, the controversy is the last thing Malaysia needs.

The allegation is that the money was received shortly before the general election in 2013, in which a coalition dominated by Mr Najib’s party, the United Malays National Organisation (UMNO) scraped home, despite narrowly losing the popular vote. The prime minister helped launch the fund, known as 1MDB, in 2009 and chairs its board of advisers. It has acquired land and power plants, yet has struggled to service debts of around $11 billion. The firm’s affairs were already the subject of official investigations, but until this month no one had claimed to have evidence that the prime minister himself had received any money. Continue reading “Najib intends to roll on, not over”