Tuesday, 13 September 2016

InsyaAllah one day.....

I pray that I will make the pilgrimage to Mekah in good mental and physical health before the end of my time on earth.

Thursday, 1 September 2016

The Zika Virus has reached our shores...

Zika virus is a mosquito-borne illness that is spread by the Aedes species of mosquito, the mosquito also responsible for the transmission of dengue and chikungunya viruses.1-3

Unlike malaria-carrying mosquitos, this species is mostly active during the day and so barrier methods such as mosquito nets are ineffective. These mosquitos can survive in both indoor and outdoor environments.1

The two known species responsible for Zika transmission are the Aedes albopictus, known as the Asian Tiger mosquito, and the Aedes aegypti species.2

The Zika virus was first identified in monkeys in Uganda in 1947. The first human case, however, was detected in Nigeria in 1954, and following that there have been further outbreaks in Africa, South East Asia and the Pacific Islands.

While the symptoms of Zika typically pass within the space of a week, there have been recent concerns about the virus are due to a potential link between Zika and birth defects such as microcephaly.


In light of a strongly suspected causal relationship, the World Health Organization (WHO) declared that the Zika virus outbreak constituted a Public Health Emergency of International Concern on 1 February 2016. (for more read here)

What are its symptoms?
The virus usually causes mild illness. 
Symptoms that may appear a few days after being bitten are: 
  • Headache;
  • Slight fever;
  • Rash;
  • Conjunctivitis (inflammation of the underside of the eyelid);
  • Muscle and joint pain;
  • Tiredness.
The symptoms usually last from two to seven days, though incubation periods may vary.
There is no known difference in the symptoms of infected pregnant and non-pregnant women. (Read more here.)
From the NST 1 September 2016:


This is a good video on the Zika virus:




Our Country like Singapore has got the Aedes mosquitoes which also unfortunately carries the Zika virus. So beware friends especially you young one who are starting your own families....take the necessary precautions, take care.

Monday, 22 August 2016

Do we really need the High Speed Rail (HSR) Train between Kuala Lumpur and Singapore?

Do we really need the High Speed Rail (HSR) Train between Kuala Lumpur and Singapore? ever?

Good read from M'kini's Mr.  P Gunasegaram :

Who needs RM40-80b high-speed rail?

Excerpts:

Here are 10 reasons why we should can this unfeasible, money-wasting (perhaps for a few, money-earning), uneconomic, grandiose invention of those who merely want to create a large contract and benefit from its largesse, once and for all. Consign it to the dustbin where it should remain until circumstances are so different that it warrants a re-look.

1. It is very costly. The cost is mostly estimated at RM40 billion. But if it is to be finished only in 2026 - 10 years from now - expect it to at least double. You can bet that the cost will be at least RM80 billion - that’s nearly two times 1MDB’s last-published total liabilities of RM42 billion.

And it’s about two times the Education Ministry’s budget allocation of RM41 billion for 2016. Just imagine the number of schools and universities we can build and the teachers we can train. Sacrifice all that for a faster way to get to Singapore? Whatever for?

2. It is unfeasible. For the project to be feasible and bankable, let’s assume a 7 percent return on project cost. That’s RM5.6 billion - in profit! Assuming a high 20 percent margin, revenue needs to be RM28 billion for that kind of profit. Assuming a ticket cost of RM200 one-way (who is going to pay more?), that will be 140 million trips a year or 384,000 trips a day, a physical impossibility!

That’s a fifth of Kuala Lumpur’s population going to and coming back from Singapore every day of the year. And just for perspective, Malaysia’s tourist arrivals last year were under 26 million. Yes, we know it’s 10 years down the line. But does anyone think that by then, demand would have risen so much to make the service feasible? Surely not!

That means expensive, and I mean expensive, government guarantees now and massive subsidies in future. 1MDB will begin to look paltry by comparison.

Read the rest of the reasons here.

I think the HSR is not feasible and not necessary at all. We need taxpayer's money to be spent on education, healthcare, and other transport for the future.

What we do really need now is to complete the long over due double tracking rail way project between Gemas and Johor Bahru.


Monday, 15 August 2016

Bersatu Mengangkat Maruah Melayu - TSMY



Muhyiddin Yassin

BERSATU MENGANGKAT MARUAH MELAYU

Tidak sampai seminggu saya mengemukakan permohonan kepada Pejabat Pendaftaran Pertubuhan Malaysia untuk menubuhkan BERSATU, serangan terhadap parti yang belum lagi ditubuhkan ini datang bertalu-talu daripada pemimpin UMNO. Terbaharu ialah daripada Presiden UMNO sendiri, Dato’ Seri Najib Tun Abdul Razak.

Ketika merasmikan Mesyuarat Perwakilan UMNO Bahagian Kota Tinggi, Najib mempersoalkan keupayaan BERSATU untuk membela nasib orang Melayu kerana hubungan parti ini dengan DAP. Katanya, kerjasama BERSATU dengan DAP tidak akan memberi manfaat kepada orang Melayu.

Aneh juga sebuah parti yang belum lahir ini mendapat perhatian dari Najib. Parti ini belum ada ahli dan tidak ada cawangan. Ia hanyalah parti serpihan umpama parti nyamuk.

Belum apa-apa lagi Najib telah melompat. Orang putih kata “jump the gun”. Bagimana Najib boleh bercakap mengenai kerjasama antara sebuah parti yang belum ditubuhkan dengan DAP? Malah dia mengandaikan bahawa kerjasama itu tidak akan menguntungkan orang Melayu. Ini adalah satu kenyataan yang amat tidak bertanggungjawab dan pra-matang.

Namun, saya sedia maklum bahawa inilah taktik kotor yang akan digunakan oleh Najib dan konco-konconya untuk menakut-nakutkan orang Melayu. DAP bakal dijadikan “hantu” yang paling menggerunkan orang Melayu untuk mengalihkan perhatian orang Melayu daripada segala kesalahan dan kemungkaran Najib. Mereka akan terus berkata bahawa DAP adalah musuh utama orang Melayu sambil mengajak orang Melayu untuk terus mempertahankan Najib yang terpalit dengan skandal kewangan paling buruk dalam sejarah bangsa Melayu!

Jika Najib ragu-ragu dengan perjuangan BERSATU untuk membela orang Melayu, saya cadangkan supaya beliau berhubung dengan pejabat Pendaftaran Pertubuhan Malaysia untuk mendapatkan senaskhah Perlembagaan BERSATU yang telah kami serahkan semasa proses permohonan pendaftaran parti ini. Daripada 13 matlamat dan tujuan BERSATU, tiga yang teratas ialah menegakkan Islam sebagai agama bagi Persekutuan dan menghormati hak orang bukan Islam untuk menganut dan mengamalkan agama masing-masing secara aman dan harmoni; menjunjung kemuliaan dan kedaulatan institusi Raja-Raja Melayu; dan mempertahankan kedudukan istimewa orang Melayu dan anak negeri Sabah dan Sarawak dan hak-hak yang sah untuk semua kaum.

BERSATU juga komited untuk memperkasa agenda memerangi rasuah dan salah guna kuasa untuk mewujudkan amalan tadbir urus yang baik dan pemerintahan yang bersih, beramanah dan berintegriti. Ini adalah kelemahan utama pentadbiran Najib. Rasuah bermaharajalela, penyelewengan berleluasa dan pecah amanah menjadi amalan biasa.

Inilah yang menyebabkan kerajaan pimpinan beliau tidak popular dan amat tidak disenangi oleh rakyat. Jadi, untuk menutup segala kerosakan yang telah dilakukan oleh beliau, maka Najib memainkan sentimen anti-DAP dengan harapan orang Melayu akan berasa takut untuk menyokong parti selain daripada UMNO, dan menerima kepimpinan beliau yang terpalit dengan skandal rasuah.

Sudah-sudahlah. Saya yakin orang Melayu tidak mudah terpengaruh dengan tipu daya Najib dan konco-konconya. Saya tahu orang Melayu walaupun mereka diam, tetapi mereka bijaksana. Masakan mereka boleh menerima dengan hati terbuka sejumlah RM4 billion wang negara dileburkan oleh orang-orang yang rapat dengan Najib, termasuk anak tirinya sendiri, di Amerika Syarikat. Malah seorang yang dinamakan “Malaysian Official Number One” yang gambarannya tidak ubah seperti Najib terlibat secara langsung dalam kecurian wang negara berjumlah berbillion ringgit yang digunakan untuk membeli hartanah mewah dan membiayai gaya hidup berfoya-foya orang-orang tertentu, termasuk membayar hutang judi. Jumlah RM4 bilion ini hanyalah sebahagian daripada RM14 bilion (USD 3.5 bilion) wang 1MDB yang dilaporkan hilang oleh Jabatan Keadilan Amerika Syarikat.

Apa yang telah terjadi dengan wang sebanyak ini? Adakah ia diterima oleh orang Melayu? Jawapannya sama sekali tidak! Sebaliknya, ia telah dibelanjakan sesuka hati oleh Jho Low, Riza Aziz (anak tiri Najib) dan kawan-kawannya untuk membiayai gaya hidup mewah mereka, termasuk menaja pembikinan sebuah filem Hollywood. Malah menurut laporan Jabatan Keadilan Amerika Syarikat, sejumlah RM2.6 billion dimasukkan ke dalam akaun peribadi Najib!

Ini hanyalah secebis daripada wang 1MDB yang asalnya berjumlah RM42 bilion yang dipinjam daripada pelbagai institusi kewangan dalam dan luar negara. Jumlah tanggungan 1MDB kini meningkat kepada lebih RM50 bilion. Sebahagian besar wang ini tidak dapat dikesan dan kemungkinan juga telah lesap.

Adakah orang Melayu akan melupakan semua ini dan memaafkan Najib dan konco-konconya? Tentu sekali tidak. Amat malang jika Najib berfikiran begitu. Beliau sebenarnya memandang rendah nilai, budaya dan maruah orang Melayu.

Jika Najib seorang yang berani dan ingin membersihkan namanya, beliau seharusnya menyahut cabaran Tun Dr Mahathir untuk berdebat. Tidak perlulah Najib cuba mengalih perhatian rakyat dengan menyalahkan pihak lain. Usah berselindung dan berdolak dalih lagi.

Saya yakin orang Melayu yang tinggi adab dan tatasusilanya akan bangkit bersatu secara terhormat untuk menentang kemungkaran Najib dan pentadbirannya yang telah merosakkan maruah bangsa dan negara. Saya percaya masa untuk mengembalikan maruah bangsa dan negara yang kian tercalar telah tiba. Masanya ialah sekarang!

Bersatulah demi menyelamatkan Malaysia!

YB TAN SRI DATO’ HJ MUHYIDDIN HJ MOHD YASSIN
Presiden Penaja
BERSATU


my thots:

Bersatu can knock UMNO/BN cold in the next GE.

Be scared Umno people, be really scared.....

Wednesday, 27 July 2016

Monday, 25 July 2016

Who are 1MDB Officers 1, 2, 3 and the others in US Department of Justice list?

The DoJ of the United States of America recently filed documents to the American Court to allow seizure of properties alleged to have been acquired through embezzlement/fraud of 1MDB, the filing documents can be read here. courtesy of WSJ.

M'kini has produced an article which would be helpful to us who follow events as they unfold:

Who are 1MDB Officers 1, 2, 3 and the others in US Department of Justice list?

KiniGuide In the US Department of Justice’s recent filings related to the 1MDB scandal, among the relevant individuals named in the suit are ‘1MDB Officer 1’, ‘1MDB Officer 2’, and ‘1MDB Officer 3’.


Like the much-reported ‘Malaysian Official 1’ in the document, the names of these other 1MDB officers are also concealed throughout the document.

And yet, there are tantalising clues throughout the 136 pages of the DOJ document.

Thus far, little attention has been given to the identities of these 1MDB officers.

In this instalment of KiniGuide, we look back at the history of the 1MDB scandal in an attempt to shed some light on this mystery, as well as on several others who have not been identified by name in the court filings.

1MDB Officer 1

“1MDB OFFICER 1 is a Malaysian national who served as the executive director of 1MDB from the time of its creation until approximately March 2011.”

The court filings state that 1MDB Officer 1 had served as Terengganu Investment Authority’s (TIA) executive director of business development, and later became 1MDB’s executive director. Casey Tang Keng Chee is the only person who fits the description.

TIA is 1MDB’s predecessor until it was taken over by the federal government and rebranded as 1MDB in 2009.

Tang, 51, was sought by Bank Negara Malaysia in July last year in connection with an investigation under the Exchange Control Act 1953.

A Facebook post by the central bank listed Tang’s full name, identity card number and last known address, and appealed to members of the public for information on his whereabouts.

The US Department of Justice filing alleged that 1MDB Officer 1 had misled banks and concealed certain facts from 1MDB’s board of directors in order to transfer US$700 million to Good Star Ltd, which in turn is supposedly owned by the Penang-born businessman Low Taek Jho (also known as Jho Low).

1MBD Officer 2

“1MDB OFFICER 2 is a Malaysian national who served as 1MDB’s chief executive officer (‘CEO’) between at least 2009 and 2013.”

1MDB’s chief executive during this period was Shahrol Azral Ibrahim Halmi, who held the post until March 2013, which means that ‘1MDB Officer 2’ refers to him.

Many of the most significant deals of 1MDB took place under this Stanford University graduate’s watch, including TIA’s issuance of RM5 billion in Islamic Medium Term Notes, the transfers totalling US$1.3 billion from 1MDB to Low’s Good Star Ltd, the acquisition of power assets worth billions of ringgit, and more.

While helming TIA as its CEO, Shahrol (photo) had disregarded its board’s directions to suspend the issuance of the RM5 billion notes and was briefly sacked from his post, although he was later reinstated, notes the Public Accounts Committee report on 1MDB.

According to the US Department of Justice, Shahrol had misled banks and 1MDB’s board of directors into believing that Good Star Ltd is owned by PetroSaudi International, and not by Jho Low.

1MDB Officer 3

“1MDB OFFICER 3 is a Malaysian national who served as 1MDB’s general counsel and executive director of group strategy during, at a minimum, 2012 and 2013. 1MDB OFFICER 3 was a main point of contact between 1MDB and Goldman in connection with the three Goldman-underwritten bond offerings in 2012 and 2013.”

Jasmine Loo Ai Swan, 43, was previously 1MDB’s general counsel and executive director of group strategy, and a likely candidate for ‘1MDB Officer 3’. Like Tang, Bank Negara had made a public appeal for her whereabouts in July last year.

According to the US Department of Justice, some US$1.367 billion had been siphoned from 1MDB during the ‘Aabar-BVI’ phase of the supposed embezzlement.

Of these, about US$5 million ended up in a bank account in Zurich, Switzerland, on Dec 6, 2012, which was held under the name of ‘River Dee International SA’. 1MDB Officer 3 is alleged to be the account’s actual owner.

The court filings also state that 1MDB Official 3 is an authorised signatory of a bank account held in the name of Tanore Finance Corporation.

This account was used during March 2013 to transfer US$681 million to an Ambank account held by a certain ‘Malaysian Official 1’, of which US$620 million was returned around Aug 26 that year.

Two non-Malaysians also named

The US Department of Justice’s filings had directly implicated five people as ‘relevant individuals’ in the case, three of them being Malaysians: Jho Low, Prime Minister Najib Abdul Razak’s stepson Riza Aziz (photo) and Low’s associate, Eric Tan Kim Loong.

The two non-Malaysians are Khadem Abdulla al-Qubaisi, a United Arab Emirates national who was the International Petroleum Investment Company’s (IPIC) managing director and Aabar Investments PJS’ chairperson, and Mohamed Ahmed Badawy al-Husseiny, a US national who was Aabar PJS’ chief executive.

Both were also directors in the British Virgin Islands-based Aabar Investments PJS Ltd (Aabar-BVI).

Khadem Abdulla al-Qubaisi

“Khadem Abdulla Al QUBAISI (‘QUBAISI’), a UAE national, was the managing director of IPIC from 2007 to 2015 and the chairman of Aabar in at least 2012 and 2013… QUBAISI also was a director of Aabar-BVI.”

According to Reuters, Khadem, 45 (on left in photo), joined the Abu Dhabi Investment Authority in 1993, in the same year that he graduated with a bachelor’s degree in economics, and was transferred to IPIC in 2000 to become its investment manager.

He was appointed as IPIC’s managing director in May 2007, but was abruptly replaced in April last year amid the 1MDB scandal, and he resigned from various board and management positions in the UAE and throughout the region in the following months.

On April 2 this year, the UAE government froze the assets of Khadem and Badawy and their bank accounts, and banned them from travelling abroad pending investigations on their dealings with 1MDB.

Mohamed Ahmed Badawy al-Husseiny

“Mohamed Ahmed Badawy Al-HUSSEINY (‘HUSSEINY’), a US citizen, was the CEO of Aabar from 2010 to 2015. He was also a director of Aabar-BVI.”

Khadem and Badawy hold key positions in both Aabar Investments PJS and Aabar Investments PJS Ltd.

Despite the names differing only by three letters, the latter British Virgin Islands (BVI) company is not a subsidiary of 1MDB’s business partner IPIC, unlike Aabar Investments PJS.

The court filings allege that in May and October 2012, Goldman Sachs International raised a total of US$3.5 billion through bond issuances for 1MDB, codenamed ‘Project Magnolia’ and ‘Project Maximus’. Of these, US$1.367 billion ended up with the Aabar-BVI.

After several transfers, the money eventually ended up in the bank accounts of Khadem, Badawy and several others, some of which were used to buy high-end real estate.

The US Department of Justice claimed that Aabar-BVI was created and named such to create a false impression that it is associated with Aabar Investments PJS, although in reality, Aabar-BVI has no genuine relationship with either Aabar nor IPIC.

“Plaintiff alleges on information and belief that the Aabar-BVI Swiss (bank) account was used to conceal and to facilitate this unlawful diversion of funds,” it said.

Who is “Malaysian Official 1’?

“MALAYSIAN OFFICIAL 1 is a high-ranking official in the Malaysian government who also held a position of authority with 1MDB.

“During all times relevant to the complaint, MALAYSIAN OFFICIAL 1 was a ‘public official’ as that term is used in 18 U.S.C. § 1956(c)(7)(B)(iv) and a ‘public servant’ as that term is used in Section 21 of the Malaysian Penal Code.”

Following the US Department of Justice’s filing of its civil forfeiture suit in relation to the 1MDB scandal, speculation has been rife about the identity of ‘Malaysian Official 1’ listed in the suit.

According to the filings, Malaysian Official 1 is a relative of Riza Aziz and held a key position in 1MDB since it was founded. Any 1MDB financial commitments that would likely affect the Malaysian government’s policies or guarantees would require his approval.

In addition, the filings claim that the largest transfer to the bank account of Malaysian Official 1 was a March 2013 transaction of US$681 million to an AmBank account.

The description of the transactions match those in Malaysian attorney-general Mohamed Apandi Ali’s Jan 26 press statement regarding the findings of investigations into Prime Minister Najib Abdul Razak’s RM2.6 billion donation scandal and transfers from the 1MDB-linked company SRC International.

Najib is Riza’s stepfather, and is also the prime minister and finance minister of Malaysia. He was the head of 1MDB’s advisory board until the board was abolished this year.

Najib has consistently denied any wrongdoing in the 1MDB matter, and assured his cooperation with international investigators in the interest of good governance.

Apandi also noted that Najib was not named in the lawsuits.

Responding to a question, US attorney-general Loretta E Lynch said the lawsuits only named those the department needed to name to meet the objectives of seizing the various assets.

Read more here at M'kini


Thursday, 21 July 2016

More shame brought upon our nation by the 1MDB scandal

"The Malaysian people were defrauded on an enormous scale (in) a scheme which tentacles reached around the world,"
US Department of Justice

Latest breaking news from Mkini more shame to our nation:


1MDB funds were used to pay for gambling debts in Las Vegas, said US investigators.

"Funds were stolen under the pretense of a 1MDB investment in oil exploration.

"On paper the US$1 billion was for resource rights, instead (it was) used for personal enrichment...(including) gambling debts in Las Vegas casions, a luxury yacht, interior decorators in London, millions in property including a Bombardier jet costing US$35 million," said Deputy Director of the Federal Bureau of Investigation Andrew McCabe.

He said this at a US Department of Justice press conference on the civil complaints lodged by the department to seize approximately US$1 billion of assets linked to 1MDB.

"The Malaysian people were defrauded on an enourmous scale (in) a scheme which tentacles reached around the world," he a said.

Other assets listed by the department in its lawsuits filed today include:
Artworks from Claude Monet and Vincent Van Gogh;
About US$250 million investment in Parklane Hotel, New York;
US$176 million invested in EMI Music;
US$100 million worth of real estate in the US, United Kingdom and elswhere, including a mansion in Beverly Hills, a condominium in New York and a townhouse in the United Kingdom; 
and
Proceeds from the film 'The Wolf of Wall Street' which Red Granite Pictures has rights to.

Below is the press statement from the US Department of Justice in full:


Attorney General Loretta E Lynch announced today the filing of civil forfeiture complaints seeking the forfeiture and recovery of more than US$1 billion in assets associated with an international conspiracy to launder funds misappropriated from a Malaysian sovereign wealth fund.

Today’s complaints represent the largest single action ever brought under the Kleptocracy Asset Recovery Initiative.

Attorney General Lynch was joined in the announcement by Assistant Attorney General Leslie R Caldwell of the Justice Department’s Criminal Division, US Attorney Eileen M Decker of the Central District of California, FBI Deputy Director Andrew G. McCabe and Chief Richard Weber of the Internal Revenue Service-Criminal Investigation (IRS-CI).

According to the complaints, from 2009 through 2015, more than US$3.5 billion in funds belonging to 1MDB was allegedly misappropriated by high-level officials of 1MDB and their associates. With today’s complaints, the United States seeks to recover more than US$1 billion laundered through the United States and traceable to the conspiracy.

1MDB was created by the government of Malaysia to promote economic development in Malaysia through global partnerships and foreign direct investment, and its funds were intended to be used for improving the well-being of the Malaysian people.

Instead, as detailed in the complaints, 1MDB officials and their associates allegedly misappropriated more than US$3 billion.

“The Department of Justice will not allow the American financial system to be used as a conduit for corruption,” said Attorney General Lynch.

“With this action, we are seeking to forfeit and recover funds that were intended to grow the Malaysian economy and support the Malaysian people.

"Instead, they were stolen, laundered through American financial institutions and used to enrich a few officials and their associates.

"Corrupt officials around the world should make no mistake that we will be relentless in our efforts to deny them the proceeds of their crimes. ”

“According to the allegations in the complaints, this is a case where life imitated art,” said Assistant Attorney General Caldwell.

“The associates of these corrupt 1MDB officials are alleged to have used some of the illicit proceeds of their fraud scheme to fund the production of 'The Wolf of Wall Street', a movie about a corrupt stockbroker who tried to hide his own illicit profits in a perceived foreign safe haven.

"But whether corrupt officials try to hide stolen assets across international borders – or behind the silver screen – the Department of Justice is committed to ensuring that there is no safe haven."

“Stolen money that is subsequently used to purchase interests in music companies, artwork or high-end real estate is subject to forfeiture under US law,” said US Attorney Decker.

“Today’s actions are the result of the tremendous dedication of attorneys in my office and the Department of Justice, as well as law enforcement agents across the country.

"All of us are committed to sending a message that we will not allow the United States to become a playground for the corrupt, a platform for money laundering or a place to hide and invest stolen riches.”

“The United States will not be a safe haven for assets stolen by corrupt foreign officials,” said Deputy Director McCabe.

“Public corruption, no matter where it occurs, is a threat to a fair and competitive global economy.

"The FBI is committed to working with our foreign and domestic partners to identify and return these stolen assets to their legitimate owners, the Malaysian people. I want to thank the FBI and IRS investigative team who worked with the prosecutors and our international partners on this case.”

“Today’s announcement underscores the breadth of the alleged corruption and money laundering related to the 1MDB fund,” said Chief Weber. “We cannot allow the massive, brazen and blatant diversion of billions of dollars to be laundered through US financial institutions without consequences.”

As alleged in the complaints, the members of the conspiracy – which included officials at 1MDB, their relatives and other associates – allegedly diverted more than US$3.5 billion in 1MDB funds.

Using fraudulent documents and representations, the co-conspirators allegedly laundered the funds through a series of complex transactions and fraudulent shell companies with bank accounts located in the Singapore, Switzerland, Luxembourg and the United States.

These transactions were allegedly intended to conceal the origin, source and ownership of the funds, and were ultimately processed through U.S. financial institutions and were used to acquire and invest in assets located in the United States.

In seeking recovery of more than US$1 billion, the complaints detail the alleged misappropriation of 1MDB’s assets as it occurred over the course of at least three schemes.

In 2009, the complaints allege that 1MDB officials and their associates embezzled approximately US$1 billion that was intended to be invested to exploit energy concessions purportedly owned by a foreign partner.

Instead, the funds were transferred through shell companies and were used to acquire a number of assets, as set forth in the complaints.

The complaints also allege that the co-conspirators misappropriated more than $1.3 billion in funds raised through two bond offerings in 2012 and $1.2 billion following another bond offering in 2013.

As further detailed in the complaints, the stolen funds were laundered into the United States and used by the co-conspirators to acquire and invest in various assets.

These assets allegedly included high-end real estate and hotel properties in New York and Los Angeles, a US$35 million jet aircraft, works of art by Vincent Van Gogh and Claude Monet, an interest in the music publishing rights of EMI Music and the production of the 2013 film The Wolf of Wall Street.

The FBI’s International Corruption Unit and the IRS-CI investigated the case. Deputy Chief Woo S Lee and Trial Attorney Kyle R Freeny of the Criminal Division’s Asset Forfeiture and Money Laundering Section and Assistant U.S. Attorneys John Kucera and Christen Sproule of the Central District of California prosecuted the case. The Criminal Division’s Office of International Affairs provided additional assistance.

The Kleptocracy Asset Recovery Initiative is led by a team of dedicated prosecutors in the Criminal Division’s Asset Forfeiture and Money Laundering Section, in partnership with federal law enforcement agencies to forfeit the proceeds of foreign official corruption and, where appropriate, to use those recovered asset to benefit the people harmed by these acts of corruption and abuse of office.

Individuals with information about possible proceeds of foreign corruption located in or laundered through the United States should contact federal law enforcement or send an email to kleptocracy@usdoj.gov

Wednesday, 20 July 2016

Shame, Shame, Shame, Shame

shame, shame, shame, shame......


Saturday, 16 July 2016

Mohd Khir Toyo v Pendakwa Raya

The following is a brief summary of the Court of Appeal Judgement against former Selangor MB Khir Toyo:







PUTRAJAYA, Sept 29 — The Federal Court upheld today the one-year jail term previously meted out to Dr Mohamad Khir Toyo, after the former Selangor mentri besar lost his final appeal against a corruption conviction.

The apex court also maintained the forfeiture of the land that he had underpaid for back in 2007.

Chief Judge of Malaya Tan Sri Zulkefli Ahmad Makinudin, who chaired the five-man panel, said among other things that public interest should always be the first and foremost consideration in sentencing.

“We unanimously dismiss the appeal against sentencing. We therefore affirm the sentence of one-year imprisonment meted out by the trial judge,” Zulkefli said, adding that corruption in any form should not be condoned.

Mohamad Khir, 50, is a licensed dentist who had served as Selangor mentri besar for eight years up until 2008.

Tan Sri Muhammad Shafee Abdullah had last week sought for a fine for Mohamad Khir or an order to provide free dental care to the poor as community service instead of a jail term as his client was a first-time offender, among other things.

But the Federal Court noted that Mohamad Khir had, as a public servant and chief executive of Selangor, taken advantage of his official position, with one of Section 165 of the Penal Code’s purpose to prevent that kind of corruption.

“Corruption in all manner and form cannot be condoned. A fine would not send that message. Neither would community service,” Zulkifli said, noting that community service is only an available option for youthful offenders and under the Offenders Compulsory Attendance Act 1954 which does not apply to this case.

The judge also noted that the offence that Mohamad Khir had committed was not “trivial” as it destroys public confidence in the government, with imprisonment a right and proper punishment that is also not excessive.

The Federal Court dismissed Shafee’s arguments that Mohamad Khir should only be made to pay half of the difference between the RM3.5 million paid and the actual fair value of the land, ruling instead that the land should instead be seized subject to an existing charge to the bank.

Last Tuesday, the Federal Court panel ruled that the offence was proven beyond reasonable doubt when it unanimously upheld Mohamad Khir’s previous conviction under Section 165 of the Penal Code, which comes with a maximum two-year jail term or fine or both.

The other judges on the Federal Court panel are Tan Sri Jeffrey Tan Kok Wha, Tan Sri Ahmad Maarop, Tan Sri Hasan Lah and Datuk Ramly Ali.

On December 23, 2011, the Shah Alam High Court convicted Mohamad Khir of corruptly using his position as then Selangor MB and Selangor State Development Corporation (PKNS) chairman to obtain land and property below the market price in 2007.

He was given a 12-month jail sentence after being found guilty of obtaining two plots of land and a bungalow in Section 7, Shah Alam for himself and his wife Zahrah Kechik, from Ditamas Sdn Bhd through its director Datuk Shamsuddin Hayroni with the inadequate payment of RM3.5 million in 2007.

He was charged with knowingly obtaining a valuable thing as a public servant without paying adequate consideration for the property that Ditamas had itself purchased at RM6.5 million in December 2004, and doing so with the knowledge that Shamsuddin had official dealings with him.

On May 30, 2013, Mohamad Khir lost his appeal at the Court of Appeal against his conviction and one-year jail term.


In March 2016....

I think there are lots of similarity with the LGE case ...though the sales and purchase between a public servant and a member of the public is not a problem in itself but if the prosecution can show that the seller benefit somehow from the Government that LGE leads it will be an offence like what happened to Khir Toyo.

Interesting how the court trial will unfold, interesting because LGE does not have to be in this current situation as he as CM is entitled to a official State House. Wallahualam.

PARTI POLITIK BARU - KENYATAAN YB TAN SRI DATO' HJ MUHYIDDIN HJ MOHD YASSIN

KENYATAAN YB TAN SRI DATO' HJ MUHYIDDIN HJ MOHD YASSIN


Saya bersetuju dengan cadangan Tun Dr Mahathir Mohamad untuk menubuhkan sebuah parti politik baharu yang akan bekerjasama dengan semua pihak termasuk Pakatan Harapan, PAS dan pertubuhan masyarakat sivil untuk meneruskan perjuangan menyelamatkan Malaysia di samping mengambil langkah-langkah perlu untuk melakukan reformasi institusi. Saya telah berbincang dengan Tun Dr Mahathir, Datuk Seri Shafie Apdal, Datuk Seri Mukhriz dan rakan-rakan yang lain mengenai keperluan penubuhan sebuah wadah politik untuk meneruskan perjuangan ini menerusi penyertaan di dalam pilihanraya. 

Pada masa yang sama, saya juga akur bahawa penubuhan sebuah wadah politik baharu hanya akan berkesan sekiranya ia dipersetujui secara konsensus oleh rakan-rakan pimpinan parti-parti pembangkang yang lain. Untuk itu saya akan meneruskan perbincangan dengan pihak-pihak yang berkaitan sebelum memutuskan langkah selanjutnya. 

Saya juga bersependapat dengan Datuk Seri Anwar Ibrahim, Datuk Tuan Ibrahim Tuan Man, Dato' Seri Azmin Mohamed Ali  dan beberapa pimpinan PH dan PAS yang lain bahawa parti-parti pembangkang perlu kembali berunding untuk mewujudkan kesepakatan dalam menghadapi pilihanraya umum akan datang. Kesepakatan ini adalah amat penting untuk meraih keyakinan rakyat bahawa parti-parti politik selain BN mampu untuk menerajui Malaysia dengan lebih baik dan membela nasib rakyat. 

Saya amat mengalu-alukan  perkembangan positif ini dan bersedia untuk berbincang dengan semua pihak bagi bersama-sama mencari kaedah terbaik untuk membawa perubahan politik dan kerajaan yang amat dinanti-nantikan oleh seluruh rakyat Malaysia menerusi pilihanraya umum akan datang. Andaian bahawa BN akan terus berkuasa dan pemimpin rasuah akan terus bermaharajalela lantaran perpecahan dalam kalangan parti-parti pembangkang tidak semestinya betul. Saya yakin Malaysia sudah bersedia untuk menyongsong arus perubahan dan rakyat tanpa mengira kaum dan agama akan bersatu hati untuk membela nasib rakyat, menentang rasuah, salah guna kuasa dan manipulasi sentimen perkauman yang melampau demi mencipta masa depan yang lebih baik untuk semua. 

InsyaAllah, berkat muafakat rakyat dan jiwa besar pemimpin yang ikhlas memperjuangkan nasib rakyat dan kepentingan negara, kita akan berjaya mengenepikan perbezaan, mewujudkan kesepakatan dan mencapai kemenangan.


TAN SRI DATO' HJ MUHYIDDIN HJ MOHD YASSIN

Selamat Berjaya!