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06/02/2016

ABDUL RAZAK BAGINDA DENIES RM150 MILLION BRIBERY CHARGE, PM NAJIB NAMED IN BRIBES, ALTANTUYA'S FAMILY WEEPS!

By E.S. Shankar, author of 'Murdered In Malaysia:The Altantuya Story'

CLICK ON LINK BELOW TO BUY BOOK 'MURDERED IN MALAYSIA:THE ALTANTUYA STORY' BY E.S. SHANKAR:






On 29 January 2016, most Malaysians woke up to the happy news that Bernard Biaocco, a former President of Thales Asia was charged in France with illegally paying commissions to Abdul Razak Baginda. While Malaysia's MSM have been coy about it, several overseas newspapers revealed that judicial documents also named serially lying Prime Minister Najib as a suspected recipient of the illegal bribes. CLICK HERE and HERE.

All of this of course relates to the October 2006 killing of Abdul Razak Baginda's ex-lover Altantuya and the contentious RM7.5 billion Scorpene submarines Malaysian government procurement contract signed in 2002 by then Defence Minister Najib with DCNS, a French government owned company. Abdul Razak Baginda was known to be a close confidante of Najib.

Abdul Razak Baginda's company, Perimekar S/B received RM575 million for "co-ordination and support services" suspected by most to be sham a arrangement to facilitate kick-backs and bribes to various Malaysian government, Ministry of Defence and Naval officers, as well as French figures.

Abdul Razak Baginda was acquitted in 2008 in the abetment of Altantuya's murder without his defence being called. He has now admitted that he received RM150 million (Euro30 million) as consultancy fees in the Scorpene submarines deal, but denies "paying any officials". CLICK HERE.

But no one believes Baginda.

The contract for the two Scorpene submarines costing RM7.5 billion was signed in 2002 by then Defence Minister Najib and DCNS which was 75% owned by the French government, and 25% owned by Thales. 

Abdul Razak Baginda received the commissions through Perimekar S/B which was re-structured immediately after the Scorpene submarines contract was signed. This resulted in Perimekar being 60% owned by Abdul Razak Baginda, with the remaining 40% owned by the Lembaga Tabung Angkatan Tentera (LTAT or Armed Forces Fund). 20% was held directly by LTAT with another 20% being held by LTAT's 70% subsidiary, Boustead Plc. Who is LTAT CEO and Boustead Plc Chairman - none other than Lodin Wok Kamarudin, who is also Chairman of 1MDB, controlled by Finance Minister and Prime Minister, Najib!!

Abdul Razak Baginda's 60% in Perimekar was held through his family company KS Ombak Laut S/B in which his wife, Mazlinda, was also a director. Baginda sold the 40% stake in Perimekar to the LTAT Group for RM 7 million. This is a surprisingly low figure and valuation, given that Perimekar was due to receive RM575 million in fees!!

Another Baginda family company, Terasasi (Hong Kong) Ltd. in which his father was also a director, received RM180 million, which led to Baginda being accused of being a traitor. It was alleged that that payment was for Baginda selling state and naval official secrets to DCNS!!

Where did all this money coming from. Well, here's what was said in our Parliament in 2007:

The murder of Mongolian Altantuya Shaariibuu cropped up in the Dewan Rakyat yesterday. While debating the 2007 Budget (committee stage) for the Defence Ministry, Opposition Leader Lim Kit Siang (DAP-Ipoh Timur) prodded deputy minister Datuk Zainal Abidin Zin on the use of C4 explosives. "The case of the Mongolian woman Altantuya Shaariibuu, which involved Abdul Razak Baginda, portrayed a very bad image of Malaysia. You are the deputy defence minister, how did the perpetrators obtain the explosives?" he asked. Zainal Abidin replied: "The police are investigating the case, not me. I don’t know the answer to that question." "But how is it that someone can obtain C4 explosives so easily?" repeated Lim. "I have already told you, it is not the defence ministry that is conducting investigations," said Zainal Abidin. Lim had earlier asked about the US$100 million (RM354.9 million) commission for the purchase of two submarines in 2002. He said the purchase from a French-Spanish supplier had been handled by a company controlled by Abdul Razak, which had in turn sold it to the government. "The commission was part of the final bill to the government, correct?" he asked. Zainal responded: "The commission was given by the foreign supplier to the company. We do not have a say in the matter, we were a willing buyer." "But if the commission was part of the price, it is additional taxpayers’ money that is being used," said Lim. "We were a willing partner in the transaction," replied Zainal Abidin."

The Malaysian government therefore agreed to participate in fraud, bribery, misuse of public funds, abuse of power and crime!

In simple English, the RM575 million commission was paid for by the Malaysian Taxpayer!

Then Defence Minister and now PM, Najib, was involved up to his eyeballs in creating a sham contract. DCNS Group of France paid the illegal commission, but it was costed into the RM7.5 billion as sham consultancy and co-ordination and support fees!

And Abdul Razak Baginda claims he was not involved or did not know anything about it all? 

Who would pay Abdul Razak Baginda a genuine consultancy fee when he had no expertise whatsoever or knowledge of stealth Scorpene submarines and their maintenance?

More so, when in July 2013, Malaysian Jasbir Singh Chaal revealed that it was he, an ex-accountant with Thales Asia, who was the architect of the Scorpene submarines deal. And that Abdul Razak Baginda was a marginal figure. CLICK HERE.

So, Abdul Razak Baginda is not being entirely truthful about his REAL role in the Scorpene contract.

But, it will come out soon in France. Then, where will Abdul Razak Baginda and serially lying PM Najib hide?

Also, following the example set by stooge AG Pandi, this is not all very Islamic, is it? What exactly does Abdul Razak Baginda's Islamic Peace Foundation do? Has it been funded with tainted money? 

Murder, fraud, misappropriation of government funds, bribery, CBT, abuse of power - these are just some of the charges Abdul Razak Baginda and serially lying and defrauding PM Najib will soon have to answer for, in a Malaysian court!!

4 comments:

RC said...

Game over. Main concern now is the exit plan

S Prav said...

We should, as Malaysians, stand tall. We have the world's foremost submarine consultant in our ranks. So good in fact, he charges RM137 M a pop. All those Admirals over at TLDM must be feeling hard done by.

ESS said...

Most priceless quote about the Scorpenis submarines affair: ''Inability of Scorpene Submarine to dive will not hamper sub's operations!!" Defence Minister Zahid. - Malaysian Insider 12/02/10

MG said...

All one needs to do is to throw some english words in a certain order and believe that they sound intelligent