THE NEXT GOVERNMENT.

BARISAN RAKYAT SHALL FORM THE NEXT GOVERNMENT!

SOS

SOS
nation in distress

The World Anthem


WE ARE ALL OF 1 RACE, THE HUMAN RACE.


27/04/2017

IPIC WINS, NAJIB/MoF/1MDB LOSE BIG TIME US6.5B (RM28 BILLION) LONDON ARBITRATION. NAJIB & MINISTERS LIE THEY WON!

Let us be very, very clear at the outset that the announcement (see below) on 24 April 2017 at the London Court of International Arbitration (LCIA) means that, IPIC WON, and Najib/Malaysia's Ministry of Finance (MoF)/1MDB LOST the arbitration case.

(Click on pic for enlarged view).




Basically, the LCIA decision means that Malaysian Taxpayers will have to cough up US$4,705,450,000 (apprx. US$4.7 billion or RM20 billion) between now and 2022, as follows:

1. US$1,205,450,000 (appx. US$1.2 billion or RM5 billion) in equal instalments in July and December 2017 to be paid to IPIC.


2. US$3,500,000,000 (US$3.5 billion or RM15 billion) to paid to 1MDB bondholders in 2022, PLUS all interest, about another RM1.2 billion due to them between now and 2022. 


I have put MoF in front of 1MDB, as the LCIA settlement would have been impossible without the MoF guarantee. In short, this is yet another disgraceful bailout of 1MDB by the Malaysian Taxpayer. 1MDB does not have any cash to guarantee anything.


What does the decision mean? It means that:


1. IPIC's claim of US$1.2 billion/RM4.2 billion that had originally been agreed to by 1MDB, and later unnecessarily disputed, was legitimate. It was not a fraudulent or frivolous claim as bandied about by MoF/1MDB. 
It is also an absolute lie by Najib, MOF/1MDB that this money will be paid from redeemed "units" parked through Jho Low with undisclosed fund managers or Brazen Sky or BSI Singapore. The LCIA  announcement makes no mention of it at all! The "units" fib was cooked up by Najib and his gangsters. I dare Najib to reveal the name of the "units" fund. All the money disappeared long ago into Najib's pockets and much of it invested in USA & UK properties and other assets by his cronies Jho Low, Riza Aziz, Qubaisy and Husseiny. Refer my earlier blog post. CLICK HERE.

2. It is now 100% confirmed by Najib, MoF, 1MDB and the Malaysian government that US$3.5billion/RM15 billion it said had already paid to IPIC was false. They all knowingly lied about it.


3. US$3.5/RM15 billion of funds already disappeared from 1MDB into the pockets of Najib and his cronies between 2009-2013.


4. The Malaysian Taxpayer is now being forced by Najib and his thieving government to PAY TWICE for 1MDB'S bond debts!


5. No one in Malaysia - Najib, Deputy Finance Ministers and Chairman, Executive Directors and CEOs of 1MDB - has been charged in court for multi-billion ringgit fraud, looting, money-laundering, financial and economic plunder, false accounting and/or conspiracy to do so. This is happening despite last April's PAC Report recommending that ex-1MDB CEO Shahrol Halmi be charged with financial mismanagement. The IGP and AG, a pair of Najib's shameless sycophants, are obviously sleeping on their job.


6. Auditors Detoilette, in which one of Najib's sons is a full partner, has (so far) got away with shameful sub-standard work. In any other country, it would have been subjected to multiple lawsuits by the government and/or banks and bondholders for professional negligence. Remember Exxon and how auditors Arthur Andersen eventually had to close down?


7. The suggestion by scurrilous "analysts" briefed and conned by Jho Low that this settlement weakens the US DoJ kleptocracy case is an attempt at damage control, with one eye on the looming GE14.


If anything, it strengthens their case, as here is a clear admission by Najib and MoF/1MDB that US$3.5 billion/RM15 billion it claimed it had already paid to IPIC never went to them, and now they have to come up with another US$3.5 billion/RM15 billion.


Any other claim by any "analyst", Minister/Deputy Minister from Najib's government of thieves, MoF Chief Thief Serigar or 1MDB executives, is a BLATANT LIE designed to try and pull the wool over the Rakyat's eyes. More than that, it is an attempt by serial liar and thief Najib to save face, now that it has been globally confirmed that there was massive fraud at 1MDB!!!


It was confirmed more than a year ago that IPIC was claiming US$6.5 billion or RM28 billion from 1MDB. Najib, his sycophantic Ministers and 1MDB all pretended that this was an outrageous claim even though the auditor general had already revealed that at least US$3.5 billion or RM15 billion was missing from 1MDB's balance sheet.


In July 2016, the Us DoJ had also confirmed in its kelptocracy claim, mainly against Jho Low, Riza Aziz and Qubaisy and Husseiny (of Aabar, a subsidiary of IPIC), that the missing US$3.5 billion had been deliberately siphoned out from 1MDB to offshore tax shelter companies controlled by Jho Low, Qubaisy and Husseiny, between 2009 to 2013. This would not have been possible without a conspiracy involving top 1MDB directors and Najib, who from day one had sole approving authority as Chief Advisor to 1MDB. More than that, Najib has from 2009 been the Finance Minister under whom nestles MoF and its wholly owned subsidiary, 1MDB! 


Najib's cronies had created off-shore tax shelter bearing names very similar to IPIC's subsidiaries to carry out their fraud. They siphoned the moneys out of 1MDB. The real IPIC and its subsidiaries never received the money under dispute.


What is interesting though is what was not announced. IPIC had claimed US$6.5 billion from 1MDB. The LICA settlement only accounts for US$4.7 billion. What happened to the balance of US$1.8 billion or RM8 billion? Is it likely that the Arabs would forgo US$1.8 billion? For sure, Najib/MoF/1MDB are hiding something big! The silence is deafening!


But everyone has forgotten one important aspect of this peculiar arrangement between 1MDB and IPIC. Who cooked up this guarantee arrangement? Who was the "brains" behind it? If right from the beginning MoF had given a Malaysian Government sovereign guarantee, it could have saved the Taxpayer billions of ringgit. 


This guarantee agreement is protected by the OSA. I bet that if the OSA documents were to be declassified, we will find that some Najib crony has been a substantial beneficiary of the guarantee fees! 
Was it a certain Malaysian Indian tycoon fraudtrepreneur? I did not say crooked crony. With Najib and his government of thieves, that is, of course, guaranteed!

14/04/2017

WHO READS THE NEWSPAPERS AND BLOGS IN MALAYSIA?

We can identify Malaysians like a book by what they read:


WHO READS THE NEWSPAPERS?

Berita Harian is read by those who think Singapore runs the country, Tamil Nesan readers thinks its Samy Velu, Nanban, the Indian Muslims and Makkal Osai readers don't care who runs the country as long as Thaipusam is declared a national public holiday !

Borneo Post is read by people who wish the Penan and Bruno Manser ran the country. But, actually, the Filipinos, Indons, Pakistanis and Banglas ru(i)n their country!

Business Times is read by the people who actually own the country.

Harakah is read by people who think Saudi Arabia should run the country from Mecca.

Nanyang Siang Pau is read by people who think monkeys run the country.

NST is read by (fewer and fewer) people who actually run the country.

Sarawak Tribune is read by people who think the Brown Rajahputras/Umnoputras from West Malaysia who will brook no opposition, run the country.

Sin Chew is read by people who think they ought to run the country.

Selangor Times is read by people who think Klang Valley residents constitute the entire country and run it.

STAR is read by people who wish Lim Guan Eng ran the country.

Sulu Liberation Front Times is read by those armed but non-militant and non-terrorist men who want to run another country.

Sun is read by people who think that Citizen Nades should run the country, financed by curi-curi football billboard advertising revenue and no taxes.

Tatler is read by the wives of the people who run the country.

Utusan is read by people who think they have a Ketuanan given right to run the country and be sued successfully for defamation and slander every single day.

What about the people who read The Mail? Mail readers don't care who runs the country, as long as he or she's got big fondleable tits and is allegedly involved in a sex or financial scandal involving DSAI or Opposition politicians.

WHO READS THE BLOGS & ONLINE NEWS PORTALS?

Anilnetto is read by people who wish trams, funicular railways and ferries from Penang run the country.
                           
Another Brick (or is it Prick?) In The wall is read by people who think Pink Floyd runs the country, rock on and fcuking**!!## get lost if you fcuking don't agree!

ARTiculations is read by well-articulated navel gazers and very private individuals who wish the Bar Council and lawyers (sharks) ran the country.

Bersih at http://www.bersih.org/ is read, according to the IGP, Kerismudin and Home Minister Zahid, by urban communists and dangerous yellow t-shirt wearing LGBT and liberal socialist terrorists who think the Election Commission runs the country.

Big Dog's 'The 13 Million Plus Ringgit Guy' is read by those who will immediately issue you a red card if you don’t agree with their thinking on how to run the countryand who also think that panas, kunyit, gempar and the fraternity of the overly obese ought to run the country.

Dean Johns Ad Lib is read by those who believe g'die mate, Australia should run the country.

Din Merican: The Malaysian DJ Blogger is read by people who do not care who runs the country as long as there's jazz music.

Dr. Mahathir Mohamad at http://chedet.cc/ is read by people who think apanama self-appointed benevolent dictator runs the country.

Free Malaysia Today (FMT) is read by free and independent-minded citizens who are not sure there is a country to be run, from where did you say?

Hindraf is read by those who think that Makkal Sakthi should run the country from Petaling Estate with its rubber tappers, guided by Gandhian and Hindu principles, or by going on hunger strikes!

Ktemoc Konsiders is read by people who think Wakaka runs the country.

Lim Kit Siang for Malaysia is read by people who think Singapore and/or China ought to run the country and Jebat Must Die, by people who think it oreddy is.

Magick River is read by people like the Temuan who originally owned and ran the country via portals to other worlds.

Malaysia Chronicle is read by those who think bombshells run the country.

Malaysian Insider is no longer read anyone who thinks The Edge runs the country.

Malaysian Insight is read by those who think Kandaqstan Nasi Kandar stall operators run the country from Penang.

Malaysiakini is read, according to Najib, by communists and Zionist sympathisers who want George Soros to run the country by demanding everyone pays subscriptions.

Malaysia Today is read by people who have been reliably told (supported by a SD) that Julian Khoo, masquerading as RPK, runs the country from a Malaysian restaurant in Manchester, funded by PMO.

Mariam Mokhtar is read by those who rightly think women should run the country to rebuild Malaysia.

OutSyed The Box is read by those who hope Mahathir will come back and run the country.

Rantings by MM (Marina Mahathir) is read by NGO’s and the wives of the people who run the country.

Rafizi Ramli is read by those who want whistleblowers to run the country.

Rocky’s Bru is read by people who don’t’ care if Hitler ran the country, as long as he was elected by the citizens!
  
Sakmongkol AK47 is read by people who once thought UMNO ran 70% of the country and possibly, another 30%, but now think the Oracle of Syed Putera is sure to take over from that dolt Najib, and run the country successfully.

Steadyaku47 is read by people who want Malaysians to run the country from Down Under, mate!

Sarawak Report is read, according to UMNO, by 1MDB CSR funded om putih colonisers who will drink champagne and run the country if Najib is toppled!

The People's Parliament by Haris Ibrahim is read by those who curse Mamak Koya Kutty ran the country (into the ground), who now think any NGO can run the country (into the ground) and will make sure ABU (Anything But UMNO) does not run the country (into the ground) ever again. 

Tunku Aziz at http://lim guan eng my master hero.blogspot.com is read by those who expect gaji buta life tenure as Senators and think TI (Tunku I) should run the country.

Uthaya Sankar is read by people conversant in Bahasa Malaysia who think that by digesting the ancient Indian epic, the Mahabharatha, they can run the country.

And lastly, Donplaypuks® at http://donplaypuks.blogspot.com/ is read by all the intelligent people who actually do own and run the country one lah, jom! Isn’t it? Dontch you know machan? There's no rumour to the truth! I wish mah. Shirley one. Lol!

Bros and brodettes, don't rush and file your defamation suits against me en masse. Heh, heh, heh! Satire, humour and laughter are good for the soul. Remember, laughter is still the best medicine!

Donplaypuks® with what you read, man!

07/04/2017

DID EPF LOSE RM576 MILLION OR RM203 MILLION IN FGVH SHARES? IS SOMEONE NOT TELLING THE WHOLE TRUTH?


Felda Global Ventures Holdings Plc (FGVH) was listed on the KLSE in 2012 mainly due to arm-twisting and manipulation by PM Najib. Pre-listing multi-billion ringgit in losses in the US due to Najib's incompetency, were covered up. Refer to my August 2015 blog post.  CLICK HERE.

Based on the above table derived from FGVH's audited accounts for the year ended 31 December 2014, EPF had invested in about 192 million FGVH shares costing RM876 million @ RM4.55 per share. This showed a book loss in 2014 of RM576 million.

Assuming EPF had lost and average of ONLY RM2 a share in selling off it's entire holdings of FGVH shares, it would have registered a realised loss of RM385 million.

However, on 3 April 2017, EPF announced a realised loss of RM203 million in FGVH shares in 2016. CLICK HERE. It had announced in December 2016 that it had by then sold off its entire stock of FGVH shares. 

This leads us to suppose that the RM203 million was only a portion of a much larges loss in total. More losses must have been realised in earlier years or written off as provisions in a 'mark to market' accounting policy.

It is not possible to get the exact total realised loss on FGVH shares by looking through EPF's published accounts, as specific details are rarely disclosed there, if ever. The analysis of RM3.39 and RM3.97 billion losses on investments in 2014 and 2015 are not available:



It is also curious and suspicious that the Ministry of Finance (MoF) added in this statement, to try and reduce the impact of the shocking RM203 million loss:

"However, the EPF had made RM105.77 million dividend income from FGVH shares."

That made it look as though EPF had lost only RM97 million (203-106). This is NOT REMOTELY how a savvy investor anywhere in the world, would look at investments  and returns:

1. RM105.77 million in dividends gives an average rate of return of only about 3% over 4 years (2013-2016). This is below par for an investment cost of RM876 million, as minus inflation of about 3% a year, the net return is a pathetic 0%!!!

2. There is the risk free opportunity cost to consider. Had EPF placed RM876 million on FD with a bank, it would have earned a minimu of say, 876 x 4%=35 million a year x 4= RM140 million. This is more than the RM105.77 dividends AND, its capital would have been intact!

3. If EPF had cut it's losses early, it might have been able to re-invest the money in a blue chip which would may have given a capital gain rather than a massive loss. Instead they paid heavily for allowing themselves to be coerced into a dud investment by Najib.

It is to hide this huge Najib blunder (he is also the Finance Minister) that the MoF added in that spin about $105.77 million dividend income without explaining it further. But that is exactly what we have come to expect from a MoF led by Najib and where, its Chief Secretary, Dr. Mohd Irwan Serigar Abdullah, has since 2009 been assisting kleptocrat Najib in covering up the even greater humongous looming 1MDB loss of RM95 billion, due to massive fraud by Najib, his family members and his cronies. CLICK HERE.

Did heads roll at the EPF? There is no culture of honour in a government of thieves. Some have written that RM576 million represents less than 1% of EPF's RM700 billion assets, and so it's no big deal. But that is exactly the type of thinking that allows the crooks like Najib to loot and plunder at will. 99.99% of us will never earn anywhere near $576 million in our lifetime. That money could have been invested in schools, hospitals and other much needed infrastructure. It's downright criminal to lose RM576 million due to incompetency, negligence and abuse of power by a prime minister and his crony head at EPF!

So, EPF must come clean about how much it actually lost in TOTAL on FGVH shares. Remember, EPF's money belongs to its contributors, NOT the government. They are hard working citizens who are sinking under the weight of stagnant wages, GST, rising food cost, transportation, petrol, soaring rents, house prices and inflation (record 4.5% in 8 years, in y-o-y to February 2017).

More than that, the government must disclose how much in total many GLC's and State Governments actually lost by being bullied, again by Najib, to prop up the ill-advised listing of FGVH shares!

As at 31 December 2014, these entities had a book loss of nearly RM8 billion!!! (See table above). Many of them would have taken out loans from banks to finance their share acquisitions, which means their losses would have been higher, with loan interest!!!

As I have said many times before, Najib has the touch of the plague and the kiss of death whatever mega project he proposes - FGVH, 1MDB, PPFI etc., etc., etc. He does not have the knowledge, skills or qualifications to manage his children's piggy bank, let alone the complexities of a country's economy.

But, Najib can't let go because of ego, face, and false pride born of cancerous Ketuananism. He suffers from the illusion that somehow, being the son of a former prime minister, he is destined for global success and a place in the history books. But, instead, his repeated failures have cost the nation, at the very least, RM150 billion in a blazing trail of stupefying losses.

The citizens must seriously endeavour to put him out of his misery soon, like yesterday!

31/03/2017

RM95 BILLION 1MDB DEBTS! WTF IS NAJIB LYING ABOUT DEBTS SETTLED?

NB.
1. 1MDB'S accounts for the years ended 31st March 2015 and 2016 have yet to be prepared and audited. The MoF has not commented on having the 2013 and 2014 accounts re-audited. No action has been taken by CCM (Companies Commission of Malaysia) to fine 1MDB or its top officers for the pathetic  failure to comply with the law!

2. Of the funds raised in the US, RM15 billion disappeared into Najib, Jho Low and their cronies' pockets! More is missing too from funds raised in Malaysia! CLICK HERE.


Based on 1MDB's 31st March 2014 Detoilette audited accounts, it had a total of RM46 billion in borrowings and creditors. (Detoilette because auditors Deloitte announced in 2016 that 1MDB's 2013 AND 2014 accounts audited by them could not be relied upon, and then resigned)! The details are as follows:

Bank Loans, Bonds, Sukuk, overdraft etc. - RM42billion
Derivative Debt, Trade and Other Creditors - RM4 billion.

Yesterday, Najib "cleverly" announced that about RM10 billion of 1MDB's short term debts had been repaid. He deliberately failed to say how much more was outstanding. Or, how these were going to be repaid, given it had sold its IPPs and Bandar Malaysia land. He also did not produce an unaudited 1MDB balance sheet to show us its current financial position.

Also, part of the RM10 billion was used to pay debts incurred by 1MDB AFTER 2014 e.g. RM950 million MoF standby credit!

Since 2014, 1MDB has had to service interest on its $42 billion borrowings at an average of say, about 5% per year. It had also defaulted on some loan interest as well as capital repayments. Tycoon Ananada Krishnan was instrumental in re-financing some RM4 billion of 1MDB's loans in 2015!

More than that, the US$ has ballooned to about 4.40 against the ringgit, adding some RM10 billion to 1MDB's debts, due to exchange rate losses.

Another headache is the US$6.5 billion that IPIC of Abu Dhabi has sued 1MDB for interest and loan repayment guarantees. This is the subject of an arbitration case being heard in London.

Based on the above table, 1MDB had about RM95 billion in debts, which after yesterdays announcement, is reduced to RM85 billion.

So, over to Najib:

1. How is this RM85 billion going to be repaid?
2. Which are the projects Najib is going to inflate to illegally cover-up 1MDB's losses? ECRL? Pan Borneo Expressway? KL-Singapore HSL? Rapid JB? More likely, ALL OF THEM!
3. Who should go to jail for it all? Surely, Najib first?
4. Why have the IGP and AG failed after 1 year, to charge ex-1MDB CEO Sharol Halimi for fraud, theft etc., despite a PAC report demanding it? What about Ismee, Chairman Lodin Wok, Arul Kanda, Mof Chief Secretary Dr. Irwan Serigar Abdullah and Chief Secretary to the Government Dr. Ali Hamsa?

Bamboo River Resort is soon going to be very, very over-crowded!

30/03/2017

MORAL STUDIES 1.01 EXAMINATION IN BOLIIHLAND!

There was genuine public anger and outrage over the recent apparent racial and religious stereotyping in a government school test paper on 'Moral Studies'. 



So, Donplaypuks® went underground to see if there really was any of this dangerous nonsense which had become institutionalised in our government schools. Was it all the usual Zionist and/or Singapore plot to discredit our glorious and over-achieving Education system which even the USA, UK, Finland and Japan envy? Or, was it only a storm in a teh tarik cup stirred up by Godless Mainland Communists?

I am very glad to say that there is no rumour to the truth at all that racial and religious stereotyping is rampant in Bolihland government schools. There is no bigotry, prejudice or favouritism of any kind. It is proven 100% (+30%) by the following SPM trial exam test paper:
(CLICK ON PIC FOR ENLARGED VIEW)



SEKOLAH MENENGAH ST. JOHNAJIBIANS KUALA LUMPUR

(TRANSLATED)

SPM TRIAL EXAMINATION

MORAL STUDY 1.01


QUESTION 1


Six (5) students sat for her SPM examination, i.e.:


(A) Muthu

(B) Ah Chong

(C) Ali

(D) Gurdial Singh Gill

(E) Fatimah

(F) Mary Wong


They all apply for JPA scholarship to study Medicine, with Pharmacy as second choice.

1. One studen obtain Gred 1 with 15A+ including Basic Religious Studies, Advanced Religious Studies, Scriptures, The Holy Book, Jawi, History, Geography, General Science and Home Science.
2. One studen obtain Gred 1 with 15A+ including Physics, Chemistry, Biology, Mathematic, Advance Mathematic, English and English Literature.
3. One studen obtain Gred 1 with 12A+ including Physics, Chemistry, Biology, Mathematic, Advance Mathematic, English, English Literature and Dance (ballet).
4. One studen obtain Gred 1 with 10 A+ including Physics, Chemistry, Biology, Mathematic, Advance Mathematic, English and English Literature.
5. One studen obtain Gred 1 with 9 A+ including Physics, Chemistry, Biology, Mathematic, Advance Mathematic, English and English Literature.
6. One studen obtain Gred 2 with distinction in Basic Religious Studies and Scriptures.

You are require match the studens - Muthu, Ah Chong, Ali, Gurdial Singh Singh Gill, Fatimah and Mary Wong - to the gred in the examination and following program:

(a) Who have receive offer fully pay JPA scholarship study medicine at Havud Medical School, USA?

(b) Who have receive offer fully pay JPA scholarship study medicine at Al Aqsa Brotherhood Medical University in Khahera, Mecir?

(c) Who have receive offer fully pay JPA scholarship study Social Science at Penang Sains University?

(d) Who's father sells cows milk, wrongly lends money for interest (riba) and have receive offer job as Big, Strong and Friendly night-shift Chief Security Guard (Jaga) at Standard Chartered Bank?

(e) Who insensitively build temples (kuils), drink lot of toddy mabuk, have refuse offer scholarship and join 04 Kabali Hitmen Gang in Kelang?

(f) Who have receive no offer scholarship or job and force appeal Michael Chong at MCA Public Services and Complaints Department Help Centre?


E.g. your answer maybe (in your dreams) (A) (1) (a).

NB: All puns, grammatical and spelling errorrs are fully extended

21/03/2017

RM15 BILLION 1MDB MONEY STOLEN BY NAJIB, ROSMAH, RIZA AZIZ, JHO LOW & FRIENDS IN USA!

On 20th July 2016 the Kleptocracy Asset Recovery Initiative unit of the US Department of Justice (US DoJ) filed a civil case against parties who had acquired certain assets in the US using money fraudulently diverted from funds raised by 1MDB (CLICK HERE):


The persons and affiliates stated in the indictment sheet are:

1. PM Najib Tun Razak, (Malaysia Official 1).
2. Riza Shahriz Bin Abdul Aziz or Riza Aziz, Rosmah's son and Najib's step-son.


3. Tan Sri Ismee Ismail, ex-1MDB Executive Director (1MDB Officer 1).
4. Shahrol Azral Ibrahim Halmi, ex-1MDB CEO (1MDB Officer 2).
5. Casey Tang/Jasmine Looi, ex-1MDB General Counsel and Executive Director (1MDB Officer 3).
6. Low Taek Jho (Jho Low), 37, 1MDB investment advisor. 
7. Khadem Abdulla Al Qubaisi, a Jho Low Abu Dhabi associate.
8. Mohamed Ahmed Badawy Al-Husseiny, another Jho Low Abu Dhabi associate.

From the table below, it is clear that Najib, Rosmah, Riza Aziz, Jho Low and their associates stole approximately RM15 billion of 1MDB funds raised in the US through Goldman Sachs:



It is also clear that Najib and Jho Low planned this mega fraud and looting in 2009 with Rosmah and Riza. As explained in my earlier blog post, Riza schooled with Jho Low in London. CLICK HERE. It was Najib who handpicked Jho Low! This is referred to by the US DoJ:


Of the RM15 billion, we can account for RM8.99 billion from the US DoJ document, that Jho Low, Najib and the others pocketed and spent/invested and blew for their own benefit in the US:

1. Qubaisy - RM1.89 billion
2. Husseiny - RM270 million
3. Casey Tang/Jasmine Looi - RM20 million
4. Riza Aziz - RM952 million
5. Prince Turki/Obaid - RM18 million
6. Najib - RM2.94 billion (he has yet to explain what happened to  US$620 million or RM2.48 billion transferred out to Tanore S'pore on 26 August 2013).
7. Jho Low & family RM2.88 billion:
(a) Artworks - RM940 million
(b) Properties - RM1.38 billion
(c) 22% shares in EMI - RM430 million
(d) Bombardier Jet - RM140 million

This still leaves RM 6.1 billion unaccounted for by Najib and Jho Low. He was also involved with Sarawak Chief Minister Taib and the huge sale of UMG bank shares and other deals in London. So, the money was spread out around the globe. CLICK HERE.

It is also obvious that Jho Low is Najib and Rosmah's nominee (front) for much of the "investments" held by him ultimately through his family trust company, Jynwel Capital incorporated in Hong Kong.

It also means that at least RM15 billion of assets shown as 'Investments Held for Sale' and 'Deposits with Aabar' etc. in 1MDB's 2014 balance sheet, are simply not there.

I say "at least" because 1MDB raised RM42 billion in loans and if there was blatant fraud from Jho Low's end in the USA, the chances are 100% certain that there was further fraud in Malaysia, committed by Najib and other executives in the company!

E.g. Najib, who is also the Finance Minister, Chief Secretary to MoF, Dr. Mohd Irwan Serigar Abdullah and Chief Secretary to the Government, Dr. Ali Hamsa, are hiding behind the OSA and refuse to make public exactly in what assets $4 billion borrowed by 1MDB (and later transferred to SRC) from KWAP was invested in! 

Also, IPIC of Abu Dhabi is suing 1MDB for US$6.5 billion or RM26 billion owed it, which 1MDB claims it had remitted to dummy  off-shore corporations set up by Jho Low, Qubaisy and Al-Husseiny!

Which is why everyone from Najib, CEO Arul, Deputy Ministers of Finance all lied that these investment were represented by (fake/non-existent) "Units".

Which is also why in 2016, auditors Deloitte resigned after announcing that their 1MDB audited accounts for 2013 and 2014 could not be relied upon. In short, the accounts stink to high heaven of massive fraud and cover up by Najib, Serigar, Ali Hamsa, Chairman and Board of Directors, CEO (s) and top executives, past and present, at 1MDB. Deloitte was unbelievably professionally negligent and should be taken to court by the government!

Yet, in recent days Finance Minister II Johari Abdul Ghani had the cheek to say that there has been no prosecution of anyone in Malaysia over the 1MDB fiasco because, we only have half the picture! Of course, if you only have half a brain, then you can only see half the picture. CLICK HERE.

In all likelihood, 1MDB has lost in excess of RM30 billion due to internal fraud, looting and plundering, as a matter of corporate  and UMNO culture.



Should anyone have expected any less, given that Dracula Najib and his government of werewolves and thieves were in charge of the blood bank?

16/03/2017

RIZA AZIZ SONGLAPS 1MDB RM952 MILLION. CLAIMS ABU DHABI GIFT. BAPA (NAJIB) BOREK, ANAK (RIZA) RINTIK!


Riza Shahriz Bin Abdul Aziz or Riza Aziz, is Rosmah's son and Najib's step-son. He has a BSc in Economics and Masters in Political Science from the London School of Economics. He schooled in London with Jho Low of 1MDB infamy. That is how Jho got to know Rosmah and Najib.

Riza shot to fame in 2013 as co-founder and owner of Red Granite Pictures, USA, which produced and financed the movie 'Wolf of Wall St' starring Leonardo DiCaprio. 

The $64,000 question is of course how and from where someone like Riza who was not known to be a tycoon, got US$64 million or RM256 million to bankroll the movie.

The answer is clearly stated in documents related to the July 2016 civil action indictment brought against Jho Low, Riza and others by the Kleptocracy Asset Recovery Initiative (aptly KARI) unit of the US Department of Justice (USDoJ). CLICK HERE.

The USDoJ document clearly identifies Riza by name, and Najib as MO1:


The DoJ has followed Riza's money trail to US6.5 billion raised in 2012 and 2013 by 1MDB through Goldman Sachs, USA.

In short, Riza received money that was clearly, fraudulently stolen by Najib from 1MDB, aided and abetted by Jho Low, a couple of Arabs in Abu Dhabi and the top management at 1MDB. Najib and his partners-in-crime had defrauded 1MDB to the tune of RM42 billion. Of this, US$238 million or RM952 million was transferred in various blocks in 2012 to Riza Aziz.

Riza used RM377 million to acquire upmarket properties in London, New York and Beverly Hills, California. Another $256 million was used to finance production of Wolf. Millions of ringgit more were transferred to the off-shore bank accounts of Eric Tan Kim Loong, which, it is now certain after a court hearing in Singapore, is a fake identity used by Jho Low to fool the financial authorities in USA, Switzerland, Singapore etc. to launder money. The table above shows how this easy and new-found money was moved around to pay for gambling debts, jet and super-yacht expenses and the high life! That includes $12.32 million misused to pay for Rosmah's diamond shopping in Hong Kong!

Some of the properties were first acquired by Jho Low who later added on a hefty profit margin before "selling" them to Riza!

Najib, Rosmah, Riza and Jho Low then tried to cover up the looting by producing fake letters purporting to show that they received these huge sums of money as donations and gifts from Arab parties:

1. The purported Al-Husseiny of Abu Dhabi "gift letter" to Riza.

The letter is clearly a fake because there was no US$94.5 million transferred to Riza Aziz; the amount, as shown in the table above, was US$94.3 million!!!

2. The purported, mysterious and as yet unidentified HRH Prince Saud Abdulaziz Al-Saud "donation" letter to Najib.


NB: Unusually, the letter has no email, telephone, address or any other contact numbers! Also, US$375 million is far short of RM2.6 billion that Najib claimed as Saudi "donation"!!

Suffice to say that all this thievery and fakery was pre-planned. The USDoJ document is full of Jho Low and his Mafia gifting each other billions of ringgit to avoid paying taxes all over the world. We all know that:

1. Money does not grow on trees.
2. No one gifts or donates billions of ringgit to perfect strangers or mere business acquaintances. Even Obama did not raise raise that much donation for his 2012 re-election campaign.
3. There is no free lunch.

Najib's ridiculous claim that $2.6 billion was a Saudi Royalty donation from which he did not benefit, has been dismissed by 6.99999 billion humans. Najib also conveniently forgot to mention that another, approximately RM 1.6 billion, had flowed through his account between 2011-2013. His further claim that he did not know several millions ringgit had been credited to his bank a/c, but spent it anyway, is the stuff of legends.

Riza seems to be following Najib's tactics by claiming in the US Court that he is the "innocent owner" of the RM952 million who did not know it was stolen from 1MDB, and that in any event, it had not been proven in any court that the money was stolen at all. We might just believe that Riza was innocent if he did not hold a Bsc degree in Economics and a Masters in Political Science from LSE. Is Riza honestly expecting us to believe he did not ask his mother Rosmah, step-father Najib and buddy Jho Low where all this hundred of millions of durian runtuh was coming from? Or that Rosmah, Najib and Jho did not tell him?

If only Riza had not schooled with Jho Low, if only Jho had not met Rosmah and Najib, if only......

But, the truth is 1MDB was short of cash and had to be bailed out with short-term loans of RM975 million by Najib's MOF, $4 billion re-financing arranged by tycoon Ananda Krishnan, and by flogging its prized IPP and land assets to Chinese government state-owned companies. The sale of IPPs - Edra - resulted in RM2 billion loss to 1MDB. Wide-spread public accusations that Najib has sold out our sovereignty to China to cover up his massive thievery, has much substance.

If some RM30 billion was not missing from 1MDB's bank, why these  desperate measures?

If there was no fraud at 1MDB: 

1. Why were auditors removed twice by Najib?
2. Why did Deloitte say their 2013 and 2014 audit reports could not be relied upon and resign in 2016?
3. Why have the accounts for 2015 and 2016 yet to be audited, delayed by 24 and 11 months?
4. Why did Najib and his stooge Attorney General classify the Auditor Genera's 1MDB report under the OSA. (This is actually Unconstitutional as neither PM Najib nor AG Pandi have any blocking authority over the Auditor General's report to Parliament).

The truth is Riza, Rosmah and Najib are the Malaysian Mafia who roped Jho Low (also Malaysian but apparently holds a US passport) into the heist of the century. Najib is using the full power of his office, and the sycophancy and corruption of UMNO/BN, the IGP, AG, Judiciary, MACC, PAC, Parliament and Bank Negara to thwart every attempt to send him and his family to prison for a long time. Their conduct is treasonous.

Najib has even convinced himself that if by flogging 1MDB's assets at a profit, and fraudulently diverting money from inflating other government projects, he is able to cover the huge short-fall in its books, he should be forgiven for his looting and plundering, and be awarded the Victoria Cross and the Nobel Accounting Prize!

The law however, is certainly not on his side. If you rob a bank and then replace that stolen money by robbing another bank, you get a longer jail sentence for two robberies.

If you "borrow" money from public funds, use it for your and your family's benefit, then somehow find the money to replace the debt, you still go to jail, at a bare minimum, for CBT (Criminal Breach of Trust).

So, looking at it 360 degrees, the quartet of Najib, Rosmah, Riza and Jho Loh are facing something like 36,000 years in jail for all their abuse of power, corruption, fraud, theft, CBT, accounting fraud, looting, plundering, internationally laundering public funds, AND TREASON! There's no two ways about it!

The IGP who is apparently conducting an investigation into 1MDB, announced that he has completed Phase1, whatever that means. He says he has to interview several witnesses, some based overseas. CLICK HERE.

But why did he not arrest Riza who in November 2016 was with Najib and Rosmah? And surely, Najib and Riza would co-operate in getting hold of Jho Low for a nice chat with the IGP over teh tarik and nasi lemak? 


What a bunch of crooks and serially liars we have in Najib and his family, and what  a government of thieves, in UMNO/BN!