Operation Photo-Op Moved With Utmost Stealth!

14 September 2017 12 comments
Unlike the US visit to the White House, Najib’s team managed to keep his UK leg of Operation Photo-Op strictly under wraps, in order to avoid the inevitable advance press criticism had it been known about.

The visit to Downing Street had been made, the key photos taken and Malaysia’s scandal-tainted PM whisked back to the airport with military precision all before any pesky journalists had been alerted!

All so that Najib could have the prized pics splashed all over Malaysian media, together with the single message that he has been trying to spin throughout the trip, which is that he cannot have been identified as a crook by the US Department of Justice after all, because of course these democratic leaders would never have welcomed him if that was true.

Indeed, to take the matter further, his PR writers are now claiming ‘proof’ that the whole 1MDB affair – pink diamonds, yachts, Hollywood movies, Vegas casinos, masterpieces, mansions and all the rest – is just cooked up lies, concocted by foreign spies and conspirators in league with the FBI.

Too bad that this ludicrous narrative, which ignores mounds of evidence, has coincided with the latest news to be issued from the United States Federal Court as Najib headed mid-air from the US to UK.

Judge Dale Fischer, who has been presiding over the civil case to sequestrate assets procured with money stolen from 1MDB in the California Central Court, gave his response to the US prosecutors’ application to freeze that case, to enable them to get on with their central criminal enquiries.

The judge has readily granted the application, meaning that all the seized assets will go into the deep freeze for as long as it takes for the investigators to complete their higly complex global criminal investigations into 1MDB officials and various named individuals, includnig Najib’s step-son Riza Aziz and alleged accomplice Jho Low.

The way the evidence already looks Najib himself is more likely to eventually find his name added to this list as a key orchestrator and beneficiary of the plot to steal billions from Malaysia’s public coffers and then launder the money through the United States.

Judge Fischer fully supported the request to withold any further informaiton that might enable the criminals to cover their tracks or intimidate witnesses and granted an indefinate stay of the case, meaning there is no question of the US ditching the 1MDB case any time soon:

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So much for 1MDB being a cooked up story and so much for all the Malaysian spin that has attempted to suggest the stay on the civil case meant the FBI were dropping their enquiries.

Arrived by 5pm for a meeting that appears to have been no longer than the chat with Donald Trump
Arrived by 5pm for a meeting that appears to have been no longer than the chat with Donald Trump

It leaves PM Theresa May as exposed at President Trump for having played along with Najib’s blatant attempt to misrepresent the facts to his own electorate through Operation Photo-Op.

Who were the high paid lobbyists for this stage of the operation?  Perhaps it was merely Najib’s tame and reliable government connected business contacts linked to the Battersea Power Staion Project, who fixed this meet and greet. Huge sums have already been ‘exported’ into that from the Employee Provident Fund.  Such interests still owe Najib big.

On the other hand, it may emerge that lobbyists have once more smoothed the way and made a packet in the process.

In which case were fighter jets again the lure to bring Mrs May to the other side of the cosy fireplace?  For years Najib has led various European nations a merry dance pretending that he is about to choose from whom to buy a fleet of brand new aircraft. In truth he can’t afford a second hand, twin propeller bi-plane at the moment, but if he has conned Trump he will be buying 58 Boeings, why not keep May on the hook over fighter aircraft too?

Ought she be chastised more for being immoral of more for being stupid will be the question for Malaysians to consider, because one thing that is becoming pretty clear is that Operation Photo-Op is pulling the wool over nobody’s eyes back home, even though that is where its targeted.

Where Did The Real Saudi Money Go? Commentary

15 September 2017 39 comments


The billions stolen from 1MDB have tended to over-shadow other very substantial sums of money that DID go into Najib’s personal account from Saudi Arabia.

These secret payments undoubtedly formed the basis for Najib’s decision to label all his incomings as a ‘Saudi Royal donation’, trading off the discomfort and likely silence of a country, which has been accused of funnelling large tranches of its oil wealth into developing client nations and promoting its particular brand of extremist ideology across the Muslim world.

Secret US$80,000,000 was paid to Najib
It was the ABC Four Corners programme which gained access to a full insight of Najib’s so-called ‘Mr’ Account at AmBank, back in March last year.  What they found were not only the payments from Jho Low companies like Tanore Finance (BVI) and Blackstone Asia (BVI) amounting to a billion dollars, but also substantial receipts from the Saudi Arabian Finance Ministry.

Two whopping payments in 2011 came to US$80 million:
Four Corner's findings on Najib's account
ABC Four Corner’s findings on Najib’s account

Given this enormous and undisclosed bung by the Government of Saudi Arabia into the private account of Malaysia’s Prime Minister, it is perhaps not surprising that when confronted by Malaysian cameras (with Anifa Aman, Malaysia’s Foreign Minister, at his shoulder) the embarrassed Saudi Foreign Minister mumbled a willingness to accept Najib’s stories about a ‘Saudi Royal donor’, something he had earlier denied, before declaring the “matter closed”.

So, leaving the billion dollars from 1MDB aside, what did the PM spend this particular US$80 million from Saudi Arabia on?  Surely, no one believes that Saudi Arabia’s Finance Ministry was handing Najib so much undisclosed cash without a specific purpose?

Spreading Saudi’s Sectarian Agenda?
It is widely acknowledged that Saudi has been building up its influence throughout the Muslim world by dispensing secretive sums to develop supportive infrastructures within client states – using oil money to expand their specific brand of religious authoritarianism.

What used to be regarded as an isolated and extremst fringe of the Muslim world, the Wahabist sect, is now spreading its tentacles far and wide thanks to these millions poured into religious training, teaching jobs and tarfiz schools, where the converted promote the ideas taught at Saudi universities and places of learning.

This Saudi agenda and the support of rigorous rote learning (considered brain-washing by most non-participants) has been frequently identified as a key source of the growing intolerance and extremism seen to be causing instability throughout the Muslim world.  Malaysia’s own firebrand PAS Islamic Party President, Hadi Awang, who is known for his desire to establish an Islamic State and Hudud law in Malaysia, was himself trained and educated over in Saudi Arabia.

Hadi is now recognised as having come far closer to Najib and UMNO, as Malaysian government support for religious schools has increased in recent years. So, was the further promotion of Saudi style Islamic teaching, the expansion of ‘independent’ religious schools and jobs for religious teachers the purpose of this secret budget provided for Najib Razak by the Saudi Finance Ministry?

If not, how was that whopping sum of money (the equivalent of RM335 million) spent?

Certainly, quite apart from any other possible fuding, Najib has started making large and unprecedented government donations to private religious institutions in recent years, despite growing concerns that they are poorly monitored. The Prime Minister, who loves to posture as a ‘moderate’ abroad, has also proved willing and enthusiastic towards welcoming the Islamic extremist agenda of a retreat from civil governance in favour of Hudud religious law – Saudi-style.

So, again, it is time to hear how did the secret US$80 million provided by this foreign power straight into Najib’s bank account get spent?  If the Prime Minister has been using the money to curry domestic politial favour with a segment of the population he wishes to bring over from the opposition to bolster BN, whilst at the same time permitting insiduous and secret influence mongering by a foreign power, Malaysians have a right to know.

If, to the contrary, the money went towards non-political causes, public education, care for the elderly, hospitals, orphanages, refugees or some such cause then this is the time to bring out the distribution details.

Najib’s own party, which has since Independence held its own policies and ideals, supposedly free from foreign agendas, also have a right to know how he spent this money, since party officials have long made clear they had no idea that Najib had been receiving all this undisclosed cash, until ABC Australia’s Four Corners programme told them so.

Operation Selangor?

• 18 September 2017
 
• 10 comments

Najib is plainly becoming desperate. The problem is money: his cash reserves are frozen abroad; the coffers of the GLCs have been denuded by earlier squandering; the ringgit is over 4 to the dollar compared to 3 to the dollar before 1MDB and Petronas is simply not delivering the previous levels of profits.

Najib Needs Notes For Votes

Najib needs money now for the upcoming election, which he plans to fight in the same way he always has. He wants first to throw a ‘feel-good’ wad of money at the nation in the form of some sort of ‘bonus payment’ (as if it was a personal gift from him) then to announce the election in the after-glow.

During that election he wants to be able to hand out more notes for votes on the understanding that if those bribed electors ‘cheat’ and vote for the opposition instead, the government will have ways of knowing and punishing them.

The nation may have rumbled him and everyone knows and despises the way he bribes folk with a portion of their own stolen money, but Najib plainy reckons that cash is cash and he can continue to get away with it. His problem is he just doesn’t have any more stolen cash to spend.

Rich Pickings In Royal Selangor

Which is why UMNO’s eyes appear to have greedily now focused on Selangor. This wealthy and well-managed opposition state has rejected the Najib approach to financial management (i.e. steal whatever public funds you can) and it continues to have large sums in its bank accounts.

This is public money, of course, which ought only ever be spent on things that have been agreed are for the public good – amenities, investments and also savings for the unpredictable future.  PKR’s Azmin Ali has presided over these coffers in the interests of the people of Selangor, who know they have benefitted from this stewardship and are more than likely to vote back an opposition state government at the coming election.

Political Coup That Flopped?

However, it has emerged this weekend that Najib had bought into a plan that amounted to a flagrant political heist that would have allowed him to lay his hands on all that cash – he was planning to snatch Selangor from under the noses of the chosen government in advance of that election, so that he could secure the keys to the coffers!

So much for his constant complaining about ‘conspiracies to unseat democratically elected governments’.

There in his mind’s eye must have glittered more diamonds for Rosie, with the election bought and paid for.  He could even have started putting in those orders for Trump’s promised Boeing jets!

The people of Selangor might have indeed voted back new opposition leaders at the next election, but those leaders would have found the bank accounts wiped clean.

That there was such a plan is compelling. On Sunday, Malaysia was placed on tenter-hooks by Najib’s sudden promise of a major public announcement to be held within hours at his party head-quarters, with all senior bigwigs summoned back to attend from across the country.

There was no doubt but this was planned as something big, the game-changer that Najib plainly yearns to sweep away his troubles. But, when the curtain was lifted on the event, out shuffled just one wizened has-been from the Selangor scene, discredited long ago after being caught with bags of cash entering Australia.

By coming back to UMNO the cash carrying and deceitful Mat Taib (he is said to have lied that he didn’t speak English to the Aussie police) was certainly returning to his true spiritual home after a long journey around various other parties. However, his crestfallen comrades could barely conceal their disappointment that he had failed in the end to bring the keys to Selangor with him, in the form of a mass defection which had apparently been promised.

The planned coup represents a classic Malaysian manoeuvre, although it would cause gasps and probably lynchings in any other genuine democratic country.  Eight PKR ‘frogs’ were believed by UMNO bosses to have agreed to be presumably rewarded to cross sides with Matt Taib and join the 12 UMNO state representatives.

These in the end never leapt.  However, together with the 13 PAS members, presumed also to be under instructions to switch by Najib’s new best friends in that party’s leadership, this would have given UMNO the majority it needs to get its hands back on the state and crucially the keys to the safes holding all the money.

With one daring move the Prime Minister, who seems to live from one throw of the dice to the next, had hoped to reverse his fortunes and grab control of this last well of money left after his years of disastrous mismanagement of Malaysia’s finances.

Wishful Thinking?

Whether any of the expectations of these plotters were genuinely realistic will eventually emerge.  If any of the planned frogs had really seriously toyed with the idea of leaping right before the election, they must have been only too painfully aware of the anger they would have faced from the voters who put them in power in the first place.

Would the likely consequences of such perfidy have been worth any rewards on offer?  A sensible person would think not, which was doubtless why only one figure, who had nothing to lose, in the end came shuffling out to face the flash bulbs yesterday afternoon, in one of the biggest anti-climaxes in Malaysian political history.

It leaves Najib, once again mortified and without the cash he had greedily being eyeing.  It also leaves PAS awkwardly exposed as a factor that UMNO clearly considers not as an opposition party (which PAS still claims to be) but as a fully fledged ally ready to join with them in BN coalitions as and when the need arises.

Doubtless the fishing will continue as Najib’s lawless henchmen work to secure the next election.  However, his targets are being wisely advised to continue to steer clear of a man who has plainly lost his touch!

Sarawak Report DOJ - Continuing Analysis Of The Deceit And Duplicity Of 1MDB's Top Officials On Behalf of Jho Low and Najib

13 September 2017

At the weekend Sarawak Report detailed some of the examples given in the US Department of Justice’s court filing showing the deliberate conspiracy to commit fraud participated in by top 1MDB officials in order to help siphon billions from the fund.

All their actions were orchestrated by Najib’s appointed advisor Jho Low and were signed off by Najib himself.  These actions included providing different signed versions of the same formal agreements to different parties, primarily in order to get one set of bankers to release the stolen funds (on the grounds they were merely ‘repayments of loans’ or ‘refundable deposits’) and other sets of bankers to accept the stolen funds (as ‘payments’ or ‘loans’).

The 251 page document goes on to detail several more such instances of blatant fraud, forgery and deception, all sanctioned by today’s guest at the White House, Najib Razak, who together with his family was the major beneficiary of the missing billions.

Fraudulent Cover-Ups

One such further manoeuvre is described by the FBI investigators as they detail how the collaborators sought to inflate the value of the original PetroSaudi Joint Venture with 1MDB after most of the money had been stolen out of the venture from the very beginning.

LOW AND OTHERS TRIED TO COVER UP THE MISAPPROPRATION OF MORE THAN $1 BILLION FROM THE JOINT VENTURE

is the headline for this section, which explains how at least $1.03 billion of the $1.83 billion invested in the joint venture was stolen but 1MDB officials tried to alter the nature of its relationship with PetroSaudi several times (from a joint venture, to a loan, to a sell out in return for an investment in the company that was disguised as a ‘balanced portfolio’ but hidden off-shore).  In summary the DOL says:

“Paragraph 131:”…… LOW and 1MDB officials attempted to inflate the reported value of 1MDB’s investment in the Joint Venture several times…the co-conspirators tried to achieve this end by restructuring 1MDB’s investment in the Joint Venture several times, ultimately converting that interest into an opaque and illiquid asset, the value of which could not be easily verified by auditors and others. Thereafter, the co-conspirators orchestrated a fraudulent valuation of the assets underlying the investment to massively inflate their value and to create the false impression that 1MDB’s investment in the Joint Venture had generated a profit, when in fact it had been diminished significantly through misappropriation.

Ouch!  It means all the sceptisim of critics like Tony Pua, who questioned the real value of the Cayman Islands portfolio that claimed to be worth $2.2 billion, representing over a stunning $400 million in profits, has been born out. Exactly how Jho Low and 1MDB officials pulled off this fraudulent con to hide their thefts from the 1MDB auditors are detailed here:

133. In June 2012, 1MDB exchanged those Islamic debt notes for (i) a 49% stake in PetroSaudi Oil Services Limited (“PSOSL”), a subsidiary of PetroSaudi, and (ii) a call option to acquire the remaining equity stake in PSOSL. In its financial statements for the 2013 fiscal year, 1MDB represented that the stake it had acquired in PSOSL was of a “value equivalent to” the value of the Islamic debt notes, or approximately $2.22 billion.

134. At the time of this debt-equity swap, PSOSL’s primary assets consisted of two drillships, which had contracts with state-owned Petróleos de Venezuela, S.A. (“PDVSA”) to extract oil in Venezuela. At no point has 1MDB received payments or profits from these contracts, and in fact, PSOSL reported losses in both 2012 and 2013. PSOSL’s financial statements for the fiscal year ending December 31, 2012 disclose “adverse financial performance,” because, among other things, PDVSA failed to make timely payments to PSOSL under the contracts and because one of the ship’s contracts with PDVSA had expired in June 2012. PSOSL’s net assets were valued in those 2012 financial statements at $93,621,000, and PSOSL reported a net operating loss of $111,644,000. Upon information and belief, the value of PSOSL’s contracts with PDVSA, as well as the overall value of the company, has declined further in recent years as a result of developments in Venezuela.

c. Third Restructuring: PSOSL Equity to “Fund Units”
135. Not long after 1MDB acquired an interest in PSOSL in exchange for its supposed investment in the Joint Venture, 1MDB sought to restructure its holdings yet again. By restructuring its holdings, 1MDB further obscured the value of its holdings, which were not worth anywhere near their stated value or the amount that 1MDB had purportedly spent to acquire them.1MDB officials accomplished this restructuring with assistance from bankers at BSI Bank in Singapore, with whom LOW had a close relationship, and employees of Bridge Partners Investment Management Ltd. (“Bridge Partners”), an investment advisory firm with fund managers based in Hong Kong.

136. LOW was himself also involved in the restructuring process. For example, in a June 13, 2012 email exchange, two BSI bankers discussed the restructuring deal and an upcoming meeting with 1MDB on the matter at the Mandarin Oriental in Singapore. The exchange closed, in relevant part, with the phrase, “1MDB all aligned to JL’s plan,” using Jho LOW’s initials.

137. The restructuring involved a series of complicated and commercially unnecessary transactions, resulting in the conversion of 1MDB’s stake in PSOSL into securities in a purportedly legitimate investment fund. To accomplish this end, 1MDB “sold” its equity stake in PSOSL to an affiliate of Bridge Partners in exchange for promissory notes, and then 1MDB used those promissory notes to subscribe to “fund units” in the Bridge Global Absolute Return Fund SPC (“Bridge Global Fund” or “Bridge Global”), a Cayman-registered corporate vehicle managed by Bridge Partners. The Bridge Global Fund held only one asset, however – the very same equity stake in PSOSL that 1MDB had conveyed to Bridge Partners. The transactions had no economic substance, amounting to a round trip of various securities and commercial paper that were designed to, and did, have a specific and false accounting effect—namely, the fraudulent inflation of the value of 1MDB’s assets. 1MDB created a new wholly-owned subsidiary called Brazen Sky Limited (“Brazen Sky”) for the express purpose of holding these fund units.

138. Notwithstanding this restructuring, the value of Brazen Sky’s holdings remained linked to the value of the drillships and drilling contracts held by PSOSL, because the fund units were solely backed by shares in PSOSL. But the restructuring obscured this fact from third parties, including 1MDB’s auditors, because it interposed several additional entities between 1MDB and its holdings in PSOSL, including an ostensibly independent investment fund. Given the opaque nature of the Bridge Global Fund, it was difficult for third parties to independently verify the nature and value of the assets underlying the fund units. In this way, certain 1MDB officials and others were able to conceal the true value of 1MDB’s original investment in the Joint Venture, which had been significantly diminished by the diversion of more than $1 billion to Good Star.

Remember that Najib’s cheerleaders are fond of repeating that the DOJ have “no proof” to substantiate their accusations. They clearly have chosen not to read this detective novel of a court filing available free online!

Lying Bankers

The excuse of many of the banks caught up in 1MDB is that they were lied to by Jho Low, PetroSaudi, Aabar and 1MDB officials.  However, as the DOJ makes clear, a number of bankers colluded also in these lies, which has been backed up by trials in Singapore that resulted in prison sentences for a number of them.

For example, this is how 1MDB officials and their cronies at BSI (specifically Yak Yew Chee and Yeo Jiawei) helped mislead 1MDB’s accountants by providing false valuations and claiming there was cash in the Brazen Sky account belonging to 1MDB:

145. At the December 12, 2012 meeting with KPMG, which was held at BSI’s offices in Singapore, 1MDB and BSI officials misled KPMG about the nature of the Bridge Global assets held by Brazen Sky. Minutes from the meeting show that 1MDB OFFICER 4 [Terence Geh the Executive Director of Finance] and the BSI bankers present at the meeting (SINGAPORE BANKER 2 and SINGAPORE BANKER 3) withheld from KPMG the fact that the assets underlying the Bridge Global investment consisted of two drillships and instead conveyed the impression that the fund units were backed by cash.

146. 1MDB’s audited financial statements for the fiscal year ending March 31, 2012, were signed off by KPMG on or about December 27, 2012. In the section of those financial statements devoted to “subsequent events,” 1MDB represented that it had invested $2.318 billion in the Bridge Global Fund. This disclosure was the direct result of the fraudulent valuation discussed above.

147. In August 2013, 1MDB officials and others again attempted to secure a market-based valuation of the PSOSL assets to bolster BSI’s earlier valuation of the Bridge Global fund units at more than $2 billion. SINGAPORE BANKER 2 coordinated the procurement of that valuation, with the specific aim of securing a valuation of the assets at $2.4 billion. A Singapore-based equity research company, NRA Capital Pte. (“NRA Capital”), agreed to value the PSOSL assets at $2.4 billion on the basis of PSOSL’s 2012 financial statements showing less than $100 million in net assets and a net operating loss of more than $100 million. In exchange for producing, on an urgent basis, a valuation report that met the target value, NRA Capital was paid $300,000by an entity called Affinity Equity International Partners Limited (“Affinity Equity”). As described in Paragraph 396 below, Affinity Equity was a shell entity nominally affiliated with TAN, which was used to funnel misappropriated 1MDB funds to LOW. The NRA Capital research analyst responsible for the valuation report was also personally bribed to produce the report on an urgent basis, with the understanding that the resulting valuation would meet the client’s target value.

Redeeming The Money!

The next piece of deception in which this team of lying officials all colluded was the nonsense farce of 2014 when Najib Razak and his Finance Ministry team and 1MDB repeatedly told the world that they were ‘redeeming’ the money ‘invested in PetroSaudi’ and then the ‘Cayman Island Portfolio’ back into 1MDB’s bank accounts.

No one sensible believed them at the time and quite rightly so.  The DOJ has lifted the veil over what they were up to and sure enough the money they had flowing through various bank accounts that they claimed were being returned from the Bridge Global Investment Fund based in the Caymans was in fact money 1MDB had just borrowed from Deutsche Bank, based on the lie that the Bridge Global money was sitting as collateral in the bank!

150. In 2014, officials at 1MDB and others engaged in further fraudulent conduct…In late 2014, 1MDB claimed publicly and in its financial statements that Brazen Sky had “redeemed” more than $1.2 billion-worth of Bridge Global fund units in cash. ..this “redeemed” cash did not originate from the Bridge Global Fund, however, but rather from money that 1MDB borrowed from Deutsche Bank in 2014. Deutsche Bank loan proceeds were passed through the Bridge Global and Brazen Sky Accounts multiple times to give the appearance that Brazen Sky was redeeming fund units. In fact, Brazen Sky’s investments in the Bridge Global Fund were not capable of producing $1.2 billion in cash.

In other words, a perfect example of what is known in the business as ’round-tripping’ or more colloquially as cooking the books.  One wonders why Najib still bothers to declare the far milder Auditor General’s version of the same events an ‘Official Secret’ when the DOJ’s damning evidence is out there to back it up?

Low Forged Fake Documents

Dear Readers – we are still only one of the way through this DOJ page turner of a crime thriller and the word ‘fraud/fraudulent’ has come up two dozen times and the word ‘false’ a dozen times, as in:

Low Made False Representations and Provided False Documentation to Conceal His Role in the Misappropriation

In this section the DOJ details how Low tried to lie and pretend on the one hand he didn’t own Good Star and then to another bank the following month that he did in order to be able to move the money.  And there is plenty in the DOJ report to show exactly how Low was using this stolen money – for example the millions he splashed gambling in Las Vegas:

293. The Venetian Casino used customer account number XXX4296 to identify LOW. On or about July 10, 2012, $11,000,000 was deposited into LOW’s account at theVenetian Casino, and records show that LOW gambled there for approximately seven days beginning on or about that date.

294. On or about July 11, 2012, an additional wire of $2,000,000 was sent from the Alsen Chance Account to Las Vegas Sands LLC. The payment details on that wire read: “TAN KIM LOONG PLAYER NO [XXX]8710.” The Venetian Casino Resort used customer account number XXX8710 to identify TAN.

295. On or about July 15, 2012, LOW withdrew an aggregate cash amount of $1,150,090 at the Venetian Casino: $500,000 as a withdrawal of deposit, and $650,090 as redemption of casino chips and other gaming instruments. Several individuals gambled with LOW on this occasion, using his account. These individuals included AZIZ; Red Granite Pictures co-founder McFarland; DiCaprio; and the 1MDB-SRC OFFICER, who was the former Chief Investment Officer of 1MDB and was at the time the CEO of another Ministry of Finance vehicle called SRC International (“1MDB-SRC OFFICER”).12

It has already been detailed many times how these same conspirators colluded on a number of ridiculous letters to banks, accountants and auction houses to pretend that the monies they had stolen were gifts either from Saudi Royals or each other (Hussein to Riza, Tan to Low, Low’s Dad to Low) or just no strings-attached investments from SRC to companies controlled by Low (Nik Faisal Arif Kamil of SRC signed off such monies to BSI Bank for companies like the bogus Affinity Capital and the bogus Pacific Harbour off-shore shell companies, bothowned by Tan/Low).

All of the above involved forgeries, lies and nonsense now lie revealed for all to read about and under the relentless spotlight of the DOJ investigation.

These conspirators didn’t just plot together. The bent officials from 1MDB partied and gambled the money away together with Low and Najib’s son, whilst ordering diamonds for The Boss.

So, when their successors pompously release 1MDB statements and press releases condemning critics and telling the world that their ‘restructuring programmes’ are underway and that there is no evidence of wrong doing, the rest of us should remember it is all still just lies and the lot of them will meet their eventual judgement time in a US court of law.

Q: How will Najib utilise your daily GST contribution? A: He is strengthening the US economy with it.

Dogeng si Najib!

Chief Th_ef Meets Trump For 5 Minutes 58 seconds, Bayar Ufti RM60 Billion Then Goes To Tandas For 10 Minutes.

The meeting lasted 5 minutes and 58 seconds. 

In 5 minutes 58 seconds he pledged RM60 Billion worth of Malaysian investments in the US !!  

This is what the moron said :

Number one, we want to help you in terms of strengthening the U.S. economy.  I come with three specific proposals.  Number one, we intend to increase the number of Boeing planes to be purchased by MAS.  We are committed to 25 planes of the 737 MAX 10, plus eight 787 Dreamliners.  And there is a strong probability -- not possibility – probability that we will add 25 more 737 MAX 10 in the near future.  So within five years, the deal will be worth beyond $10 billion.  That’s one.  We will also try to persuade AirAsia to purchase GE engines.
PRESIDENT TRUMP:  Great.

Notice that he said "Number one"  twice. 

"Number one, we want to help you in terms of strengthening the U.S. economy"

Banyak cantik. At home there is no money to pay the civil servants without GST. Without GST the gomen is bankrupt. Moron said so himself. There is no money for PTPTN, no money for hospitals, no  money for so many things. Gomen debt is at a maximum.      Yet moron tells the world's No 1 superpower and the largest economy in the world    :   "we want to help you in terms of strengthening the US economy"

increase number of Boeing planes to be purchased by MAS.  

25 of the 737 MAX 10, plus eight 787 Dreamliners.  

25 more 737 MAX 10 in the near future.  

in five years, deal worth beyond US$10 billion.  That’s one.  

try to persuade AirAsia to purchase GE engines

EPF have invested US$7 billion 

intend to invest three to four additional billion dollars

Khazanah have invested about US$400 million

It adds up to more than RM60 Billion.   That was the cost of meeting Donald Trump for 5 minutes and 58 seconds.  After the meeting he went to the tandas for 10 minutes. 

Meaning it was a really short meeting. 5 minutes and 58 seconds.  RM60 billion. 

Conclusion :  I dont think all that money saved his hide.