On 22 March 2013 and 4 April 2013 US$620 million and US$61 million, total US$681 million, were respectively misappropriated/embezzled by Malaysian Crime Minister Najib and his wife Rosmah, from funds raised in the US by Goldman Sachs for 1MDB, a 100% owned Ministry of Finance (MoF) company. This money was secured by sovereign guarantees issued by the MoF, where Najib doubles up as Minister numero uno. It was credited to Najib’s personal bank a/c with Ambank.
This in ringgit terms amounted to RM2.08 billion. When the theft was discovered and exposed later in 2015 by WSJ and Sarawak Report, due to the exchange rate then, it was reported as RM2.6 billion. Najib, as one could expect from a serial liar and thief, claimed that the RM2.6 billion was a donation from Arab Royalty. He also stupidly claimed that although the money was credited to his personal bank a/c, it was NOT a transaction that could be interpreted as a personal transaction, and that he did not personally benefit from the money!
It was later confirmed by both the WSJ and our Attorney General Pandi that US$620 million was returned by Najib to the same bank a/c of the off-shore company that it had originated from, Tanore Inc, in Singapore.
Other than the RM2.08 billion, more than a billion ringgit had also flowed in and out of Najib’s personal bank a/c in Malaysia between 2011 to 2013. As much as RM2 million was discovered in Rosmah’s bank account about which MACC has done nothing.
Much of this was also from SRC, another 100% owned MoF company. In 2011, 1MDB had borrowed RM4 billion from the government’s pension fund KWAP. Till today, Najib, MoF Chief Secretary Irwan Serigar Abdullah and Chief Secretary to the Government Ali Hamsa have lied about what the RM4 billion was used for. Expert analysts can only account for RM400 million (10%) of it.
It is obvious that Crime Minister Najib and his partner in crime Jho Low misappropriated the balance of RM3.6 billion and fooled (naive/stupid) auditors into thinking the money had been “invested” in funds represented by “UNITS” issued by an unknown offshore fund manager. When the heat became unbearable, Najib had the entire RM4 billion “investment” now worth zero, illegally transferred to SRC, a dark hole from which no information emerges because of Official Secrets Act (OSA) classification.
But information leaked by the BNM Task Force to WSJ and Sarawak Report reveals that not only did Najib benefit and enrich himself and his family members from the infamous RM2.6 billion, he also bought votes and rigged the 2013 general elections! This is a treasonous crime for which Najib, Rosmah and the entire UMNO/BN government should rightly be prosecuted and sentenced to life imprisonment in Bamboo River Resort!
SRC and 1MDB has also financed the Haj trips to Mecca of thousands of Malaysia Muslims under misguided and Islamically Haram, Corporate Social Responsibility (CSR) programs. Misguided, because SRC and 1MDB are fully government -owned companies meant to benefit the population as a whole, and Haram, because they used tainted money stolen by Najib and chanelled via SRC!
Below is a table of the staggering sums of money stolen by Najib and Rosmah and spent in the heist of the century! It does not represent all the money embezzled by Najib and Rosmah or all the illegal payments out as information is being leaked painfully slow.
As they say my dear Malaysians, read ’em and weep!
Ultimately all those who stole plundered the national weather will not escape unpunished as karma has the final hand.You can run through the 4 corners of this world but no matter what whatever evil deeds will be repaid a thousand fold
The shortest distance between a Prime Minister to a Crime Minister is the route from Putra Jaya where the seat of Gov’t resides to Sungei Buloh where the famous Bamboo River Resort is located. No, you don’t the help of Waze.
Ultimately, Umno makes it possible for the grand theft. Umno is the machinery of the great 1MDB heist. Anyone who cast a vote for Umno-BN is greasing the machinery for the next heist. A big traitor supported by many little traitors, intend to vote for Umno-BN and be the little traitor?
Lesson in collective nouns.
A government of thieves.
A cabinet of corrupt ministers.
A family of crooks.
A ministry of arse lickers.
A party of robbers, pirates and cheats.
HOW NAJIB BLEW RM2.6 BIL MISAPPROPRIATED FROM 1MDB/SRC
1MBD is basically a Scandal Recreational Club (SRC) for Mo1, 1st FAMILY and the UMNO cronies. But very stupid is they ganged up with foreign crooks to steal and rob billion from the rakyak/country.!!!!!!!! Wouldn’t that a treason as well? IGP is till investing the case while AG already said no case. WTF……..man.!!!!!!!