Wednesday, May 15, 2019

Najib's Trial: Ihsan Perdana says it blindly deposited millions into Najib's accounts

Ihsan Perdana Sdn Bhd transferred millions into two bank accounts without knowing that Najib Abdul Razak was the account holder, the Kuala Lumpur High Court heard today.

The company's managing director, Dr Shamsul Anwar Sulaiman (above), in reading out his witness statement, said he authorised three remittances from his company to AmBank accounts ending with numbers 906 and 880.

The three remittances amounted to RM27 million, RM5 million and RM10 million respectively. The transactions took place between December 2014 and February 2015.

Testifying at Najib's SRC International corruption trial, Shamsul, a former Umno Youth exco member, said he had acted on instructions from Yayasan Rakyat 1Malaysia CEO Ung Su Ling.

He said Ung never responded to his request for information on who the recipient of the funds was.

Shamsul said he would not have transferred the money had he known that Najib was the account holder.

"Najib never contacted me over the payment," the witness repeated thrice when detailing the three transactions.

He added that he had attempted to find out from AmBank who the accounts belonged to, but was rebuffed.

According to Shamsul Anwar, Ihsan Perdana - incorporated in the 1990s as Gem Horizons Sdn Bhd - was supposed to act as SRC International Sdn Bhd's corporate social responsibility (CSR) arm.

Shamsul Anwar told the court that the company had received RM40 million from an unknown source, and was informed by Yayasan Rakyat 1Malaysia (YR1M) officials that money would be moved through his company.

"Someone (from YR1M) came and said the Ihsan Perdana account will be used for transit (of funds) and transferred out.

"I asked for details, but it was not furnished," he said.

Shamsul said he only knew about the transfer of RM42 million from Gandingan Menteri Sdn Bhd (an SRC International subsidiary) when he read the Wall Street Journal in 2015 while in Belgium.

During cross-examination by lead defence counsel Muhammad Shafee Abdullah, Shamsul revealed that he was a medical practitioner and had been doing CSR work since the 1990s.

Earlier, Shamsul, 58, told the court that he was a medical practitioner who was roped into 1MDB to perform CSR activities.

Eventually, 1MDB's board of directors instructed him to set up another company to perform CSR activities.

"The proposal (was) to set up a private limited company after 1MDB's board of directors found that there was a conflict of interest for 1MDB to conduct CSR activities.

"I do not know why Yayasan 1MDB (YR1M) did not continue to carry out CSR activities as I know that it can do CSR work but does not have the capacity.

"From the discussion in the board of directors meeting, I was ordered to find a shell company to take over CSR work," he said.

Following this, Shamsul said on the advice of a company secretary, he took over an existing company called "Gem Horizon" and turned it into Ihsan Perdana.

Shamsul was eventually relieved of his position in 1MDB and he and one "Haji Aziz" each hold a RM1 share in Ihsan Perdana.

Sunday, April 7, 2019

Najib's Shifting Positions

Najib's continues his shifting to suit his legal position.

*>>> Wow!!! No wonder Najib and his team wants the auditors report on 1mdb to be classified under official secrets act.*

Just recently, the auditors report on 1mdb has been declassified (no longer under the OSA).

This is the official declassified summary of 1mdb expenses by the auditor general's report...

*The main recipients of 1mdb payments were made to:*

1. Jho low - rm 11.1.billion

2. Najib razak - rm 4.2 billon

3. Riza aziz- rm 952 million

*Total - rm16.3 billion*

Najib and his stepson Riza Aziz is clearly implicated together with Jho Low.

Those involved in the cover up/misleading the public will also be implicated.

Among others includes;
Former AG Apandi,
Former IGP Khalid,
SPRM director general & deputy
KWAP head,
Chief secretary,
Chief treasurer,
Some former and last PAC committee members,
Most of BN cabinet members,
Heads of depts,
menteri besar & Ketua to menteri,
All umno division heads & host of others.

With details like these in the auditors general's reports... *those involved will be having heart attacks🤣🤣🤣

Terima kasih Tun M 😊

Perlu Bersih Cekap & Amanah.

Friday, April 5, 2019

Najib Going to Jail sooner than Expected


APRIL 2, 2019

Over the weekend, Najib Razak accused the government of harassing him. The poor former prime minister moaned, cried and bitched on his Facebook page that he could not peacefully eat his breakfast. Apparently, a small group of people still angry with his thievery carried some placards and a poster of him in clown makeup, and the ex-premier was terribly upset.

However, unlike an earlier drama where the crooked Najib unleashed his pack of gangsters on six students, threatening and beating the undergraduates, this time his thugs were nowhere to be found after Lokman Noor Adam and three others have been charged with two counts of assaulting a 23-year-old Universiti Malaya student during a protest staged outside of the university on March 22.

But terrorising students for exercising their freedom of expression should be the last thing in Najib’s to-do-list. In fact, he should stop worrying about losing face over some clown caricature of himself. He has a bigger problem – going to prison sooner than he had expected. And the narcissistic former leader has nobody but his big mouth to blame.

Days ago, we had written that the former Malaysian prime minister has overplayed his hand – displaying arrogance and disgusting behaviour as if he is still the boss running the country. Unlike his former deputy, Ahmad Zahid Hamidi, who keeps a low profile after stepping down as UMNO president, Najib Razak has launched a campaign for a grand comeback as the next Prime Minister of Malaysia.

Last year, we had also written that there were many ways to skin a cat. At his peak, American most notorious gangster – Al-Capone – was practically controlling the entire Chicago like his private business. He was untouchable by the U.S. authorities for years. The ultimate brilliant strategy that had finally put him in federal prison was prosecuting him in 1931 for tax evasion.

Who would have thought that a simple tool such as tax evasion was all it took to skin the American most brutal gangster? And now the same tool is being used on the world’s biggest crook – Najib Razak. The arrogant ex-PM has been slapped with a tax bill for an extra RM1.5 billion (US$368 million; £282.4 million) of income tax by the Inland Revenue Board (IRB).

As reported by the Edge Financial Daily, Mr. Najib had apparently undeclared taxable income of close to RM4 billion between 2011 and 2017, including the RM2.6 billion (US$681 million) “donation” that he has claimed was a donation received from the royal family of Saudi Arabia. This means Najib had not only evaded taxes, but also the only billionaire prime minister of the country.

Unlike the case of American gangster Al-Capone, however, the Malaysian tax department had politely sent a letter to the former prime minister about a week ago to settle the bill. Now, this is where the drama will get super excited and interesting. Najib and his hotshot lawyer may claim donations are not taxable, but tax experts have different interpretations, not to mention he was not the donor.

Although donations are tax deductible for people who wish to donate to charitable house, such donations must be made to approve institutions. You cannot simply donate to your friend and claim for tax deductions. In the case of Najib, he has insisted that some royal members of the Kingdom of Saudi Arabia had donated to him. Clearly, the name “Najib Razak” is not an approved institution.

Even then, you must present or have in your possession valid proof when you claim your tax deductibles. But in the case of Najib, he did not have the full collection of receipts to prove that the RM2.6 billion, let alone the almost RM4 billion he received between 2011 and 2017, were donations. Heck, he did not even bother to declare his so-called “donations” at all.

One can only imagine how dirty money can be easily legitimized if everyone start donating to each other to evade taxes. The Edge also quoted tax experts as saying that donations are subject to income tax. Therefore, Najib has committed an offence by not declaring the RM2.6 billion as his income, regardless of the source.

To make matters worse for Najib, he had made a small U-turn during an hour-grilling with Al-Jazeera’s reporter Mary Ann Jolley last year. Speaking to Al Jazeera’s 101 East in an exclusive interview on Oct 26, 2018, serial liar Najib admitted that he actually did not verify the source of the RM2.6 billion that was discovered in his bank account, which had allegedly been siphoned from 1MDB.

In the interview, the former prime minister said he had “assumed” the money was “donations” connected to Saudi Arabia’s King Abdullah bin Abdulaziz Al Saud. This effectively proved that he had indeed earned the controversial RM2.6 billion. Hence, they are taxable. The question is whether Najib had earned it illegally or legitimately. Either way, he didn’t declare it, so he’s in deep shit.

The disgraced Najib son of the Razak is trapped. If he agrees to pay the RM1.4 billion in taxes, it shows he had earned close to RM4 billion between 2011 and 2017. He will then be subject to further investigations as to how he became a billionaire within the period of time. If he disagrees to pay the taxes, he will be slapped with charges of tax evasion.

Even if Najib would like to argue that the RM2.6 billion was a donation, he could not. One of his witnesses, former Deputy Prime Minister Ahmad Zahid Hamidi, has changed his story about the Saudi royal donations after his 8-hour questioning by the Malaysian Anti-Corruption Commission (MACC) in July last year.

Zahid Hamidi - Desperate

Widely reported by foreign news, Mr. Zahid had initially claimed the “king and prince”, whom he had met, had donated the money because of Malaysia’s commitment in fighting terrorism, and being a moderate Muslim country with a plural society. He also claimed that the Arab royal family was impressed by how Malaysia still managed to remain moderate without sidelining any other religions.

Zahid, who was then vice-president of UMNO, proudly told all and sundry at a meeting with Kepong UMNO division that the donors were “Arab king and prince”, and that the royal family had decided to make the huge donation due to Najib’s anti-Jewish stance. He also said the donors wanted to keep UMNO and the ruling Barisan Nasional coalition in power.

More importantly, Mr. Zahid said he saw with his own eyes the cheque made under his boss Najib’s name – “I saw the documents myself – the original documents, not photostated ones, and I alsosaw the money trail. I obtained the information accurately and did not add or minus the facts. The conspiracy to topple the government would take place if not stopped.

But after interrogated by the MACC last year, the equally corrupt Zahid Hamidi sang a different tune – telling reporters about “wakil (representative)” of the Arab family, not “Arab king and prince”. Najib had also lost a critical witness when Saudi Foreign Minister Adel Ahmed Al-Jubeir re-confirmed that the RM2.6 billion donations received by Najib had nothing to do with Saudi Arabiawhatsoever.

According to Inland Revenue Board (IRB), you can be audited for up to 5 years of assessment, and there is no time limit on the audit if there is fraud or tax evasion, so the immediate problem facing Najib is with the income tax department. According to the Income Tax Act of 1967, tax evaders could face fines of RM1,000 to RM20,000 or imprisonment or both, and 300% of tax undercharged.

Wednesday, June 6, 2018

Rosmah Mansor Interrogated by Anti-Corruption

In raids over the past weeks, police have seized 114 million ringgit (US$28.6 million) in cash and more than 400 handbags. Experts were being brought in to value the jewellery, watches and other seized items.

1MDB is also the subject of money-laundering probes in at least six countries, including the United States, Switzerland and Singapore.

Malaysia anti-graft agency questions ex-PM’s wife Rosmah Mansor about 1MDB money-laundering. Flanked by security guards and her lawyers, Rosmah Mansor stepped out of a silver Mercedes carrying a bright red handbag that appeared to be a model made by Italian luxury fashion brand Versace.

The wife of former Malaysian Prime Minister Najib Razak was questioned Tuesday by the anti-graft agency over alleged theft and money-laundering involving the 1MDB state investment fund, as Najib’s lawyers said they had pulled out.

The spotlight is now on Rosmah Mansor after police last month raided two properties linked to Najib and his family as part of an investigation into his role in the 1MDB scandal - seizing bags of cash, jewellery and hundreds of designer handbags.

Rosmah, 66, is widely reviled in Malaysia for her reported luxurious tastes and imperious manner. She last month issued a statement lashing out at media coverage of the police raids, calling them a “premature public trial”.

Known for her love of luxury clothes and handbags, Rosmah arrived for questioning in a three-car convoy.

News site The Malaysian Insight reported that Puravalen, Abideen and other members of their legal team had walked out because they failed to reach common ground with Najib on several issues.

Abideen could not be reached immediately for comment.

The luxury-loving Rosmah is often compared with Imelda Marcos, who left behind more than a thousand pairs of shoes after her husband, Philippines President Ferdinand Marcos, was ousted in 1986.

Following her departure from the agency headquarters, her lawyers said anti-graft investigators had completed recording her statement after a session lasting over three hours during which she gave her “utmost cooperation”.

The nature of the questioning was not made public, however earlier reports said Rosmah was expected to give a statement on the suspicious transfer of about US$10.6 million into Najib’s personal bank account that had been traced to the former 1MDB unit SRC International.

Billions of dollars were allegedly stolen from the 1MDB fund - founded by Najib - in a sophisticated fraud that stretched from Singapore to Switzerland, with the money used to buy items ranging from Picasso artworks to high-end real estate.

Both Najib and the fund have consistently denied any wrongdoing.

Rosmah spent nearly five hours in the building before leaving in a silver Mercedes-Benz.

“Our client will extend further cooperation as and when sought by the agency,” lawyer K. Kumaraendran told gathered media in a prepared statement.

Former prime minister Najib has seen a swift fall from grace since he was defeated by a reformist coalition led by his former mentor, Mahathir Mohamad, in elections last month.

Police load confiscated items into a truck in Kuala Lumpur, after a raid on a property linked to Najib Razak. File photo: AP
Voter anger at claims of corruption tied to Najib and a rise in living costs were among major factors in the shocking defeat of the ruling coalition, which had been in power for over six decades.

Najib himself was questioned by anti-graft officers twice last month. Both he and his wife have been banned from leaving the country.

Earlier on Tuesday, some lawyers representing Najib and Rosmah on the SRC case said they had quit.

M. Puravalen, a lawyer acting for Najib and Rosmah in connection with the SRC investigations, said he had “ceased acting” for Najib and Rosmah.

He said a second lawyer, Yusof Zainal Abideen, had also quit.

He denied reports that they quit because of disagreement over the 1MDB case but declined to elaborate.

Sunday, May 20, 2018

Ghost of Altantuya is Fuelling Mahathir with Strength and Longevity

Altantuya has returned with a vengeance, not only has she removed the power of Najib completely, she has prolonged the life of her would-be saviour, a 93 years old man called Mahathir. This old man is working and walking like a 39 years old. The spirit of Altantuya has obviously taken over the body and energy of Mahathir. Altantuya's seeking of justice knows no boundary. Until justice is done, Mahathir will never die or fall sick again. The end of Najib is getting nearer and nearer. Besides Altantuya, the ghosts of murdered banker Hussain Najadi and lawyer Kevin Morais is very much in the body of Tun Dr Mahathir.

Friday, May 18, 2018

Police Raided Najib Home and Properties

KUALA LUMPUR: Malaysian police seized 52 branded bags, 10 luxury watches and cash in multiple currencies including RM537,000 (US$135,000) in a raid of former prime minister Najib Razak's private residence that began on late Wednesday (May 16), according to a police document sighted and verified by Channel NewsAsia.

Police believe there were "reasonable grounds to suspect that all such items are a matter of offence under the nation's Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001".

The bags seized include some made by Versace, Gucci and Oscar de la Renta with 15 Chanel boxes taken from the prayer area of the house. Watches taken include ones made by Rolex and Patek Philippe while £2,700 and 2,870,0000 Sri Lanka Rupee were also confiscated.

The police search of Najib's home went on for about 18 hours and amounted to "harassment", said his lawyer in a statement on Thursday.

In total, authorities have raided six premises as part of their investigations into Najib and state-investment firm 1Malaysia Development Berhad (1MDB), including the prime minister's office and the prime minister's official residence in Putrajaya as well as four private residences linked to the former leader.

On Friday morning, police seized another 284 boxes containing designer handbags as well as dozens of bags stuffed with cash and jewellery from luxury condominium units linked to Najib.

Mahathir had said there was sufficient evidence to investigate the multi-billion-dollar scandal at 1MDB, and vowed to take action against those who may have abetted or benefited from corruption at the fund.

At least six countries, including the United States and Switzerland, are investigating claims that US$4.5 billion was allegedly siphoned off from 1MDB.

Najib has denied any wrongdoing.

Tuesday, May 15, 2018

Former Anti-Corruption Director Lodge Reports Against Najib

A former high ranking Malaysian Anti-Corruption Commission (MACC) officer has come forward to lodge reports against former prime minister Datuk Seri Najib Tun Razak .

Datuk Abdul Razak Idris, former MACC investigations and intelligence director, lodged two reports at the graft busting agency on Monday morning: one alleging that Najib had used his position for gratification and the other for allegedly owning unexplained properties.

"I will also discuss with the officers here if I should lodge another report here or with the police under Section 217 and 218 of the Penal Code where certain public servants saved a person from punishment or property from forfeiture.

"The reason I am lodging the reports today is so that the MACC can take swift action," he told reporters before entering the MACC headquarters here to lodge his reports.

When asked why he decided to only lodge a report now, Abdul Razak claimed that it would have been of no use back then as no action would have been taken.

He added that it was also a "former boss" of his who urged him to lodge the reports but declined to name this person.

"Some are also worried about me for boldly coming out to lodge a report but it's alright.

"I'm already 69 years old. If I die, I die for the country," Abdul Razak said.

Saturday, May 12, 2018

Najib Razak says Good Bye to UMNO and Barisan Nasional

Najib Razak steps down as Barisan Nasional and UMNO top leadership position effective immediately (May 12, 2018).