Tag: 1MDB

1MDB – Acquisition Of Tanjung Energy Was Never Najib’s Idea

The Board of Directors of 1MDB passed a resolution to acquire TEHSB before seeking Najib’s approval as representative of MOF Inc, the sole shareholder of 1MDB KUALA LUMPUR - Defence counsel for former Prime Minister, Datuk Seri Najib Razak today contended that the former premier’s endorsement of the acquisition of an independent power plant (IPP) was made much later, after the idea was initially proposed...

Policing Protest In An Age Of Hypervisible Genocide: Lessons For Settler-Australia

If you’re tired of trying to get people to care about the genocide that your government is complicit in, you’re certainly not alone. Across the world, rallies and marches have occurred in record numbers. In Australia the initial protests were the biggest anti-war demonstrations since the invasion of Iraq in 2003. This said, those of us who have chosen to join the global movement...
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1MDB Najib Case ‘Ditched’ After Failing Six Years Blessing Theory

Prosecution did not go beyond unproven belief that former Prime Minister Najib Tun Razak gave Blessing -- legal minefield -- for 'wrongdoing' at 1MDB!

Najib Seeks Judicial Review On Remission And Halving Jail Sentence

There can be no law which states that the Agong must accept the advice of the Pardon's Board on Petition by former Prime Minister Najib Razak. Advice, by its very nature, isn't compulsory.

Diesel Subsidy is No More

The long speculated end to fuel subsidy is here. Well, almost. The end of blanket diesel subsidy in Peninsular Malaysia comes with trepidation, as the rationalisation is long overdue. Yet, the years of delay in the rationalisation may have structurally weakened the nation's economy. The big-bang approach to rationalise the diesel subsidy too is worrisome, as there may not be adequate room for Malaysian businesses, be they micro-SME or SME, to land on their two legs.

In 1MDB, There Is No Absolute Power For Prime Minister, Unlike In Petronas

Najib’s lawyer told the court that Petronas gave more ‘absolute power’ to PM over company affairs than 1MDB

Jho Low, Not Najib, Was the 1MDB Puppet Master, Court Told

Although former Prime Minister Najib has been charged for abuse of power, MACC investigating officer Nur Aida Arifin tells defence counsel Shafee Abdullah that the fugitive financier Jho Low was the one with total control of the company

The Real Issues On Najib In Jail Not In Any Forum

All other narratives on Najib in the media, social media and court of public perception, remains unmitigated vilification of the former Prime Minister, based not on the rule of law, the basis of the Constitution.

SRC: Shahrol Said Unaware That Nik Faisal Tried To Hijack Funds From Bank

Finance Ministry had instructed that the funds should be returned to the Treasury, and nowhere else!

Shahrol: No Deal Struck With Gov’t To Have Suit Dropped

Former 1MDB CEO Datuk Shahrol Azrai is unaware why the Malaysian gov't dropped him as a defendant in the 1MDB subsidiary SRC International RM5.64 billion suit against former premier Datuk Seri Najib Razak and the company's former CEO, Nik Faisal Ariff Kamil, and denies striking any deal with the authorities

Najib, With Or Without House Arrest, Merits Remission On Reduced Jail

Even if the Agong's Decree on house arrest for Najib lies hidden forever, the Pardons' Board letter dated 29 January 2024 on halving of 12 year jail sentence 'without remission' mentioned, exists!

Jasmine Loo Not Pursued For Charges, Has A Deal Been Struck?

Former 1MDB lawyer Jasmine Loo was first charged in absentia in December 2018 when she was accused of laundering US$5 million and US$999,975, being proceeds of unlawful activity received into the account of River Dee International SA (BVI) in Falcon Private Bank AG in Zurich, but to date the charges have yet to be pursued, giving rise to speculations about a possible deal with the authorities

The NatWest Boss, The Missing Malaysian Billions And The Damning Email

Rick Haythornthwaite stonewalled investigator on the trail of ‘world’s biggest financial scandal’ On a summer’s day in 2009 on the sparkling waters of the French...

1MDB: Witness Statements Indicate A High-Level Conspiracy To Mislead Najib

From the number of statements made by Jasmine Loo during the course of her taking the witness stand, it is obvious that the top level management and certain parties involved with 1MDB would keep former Prime Minister, Datuk Seri Najib Razak in the dark about some of the dealings and used his name as purportedly giving approval to some of the project developments.