by king sheikh-a-leg, Donplaypuks® intrepid correspondent for royal house of saud donation affairs
Meanwhile, 1MDB Chairman of Advisory Board and sole authority/signatory for all investments, MO1 aka Najib, maintained that no $2.6 billion cash or $30 billion of investments were missing from 1MDB’s bank accounts or in its financial accounts as confirmed by Chartered Accountants and Auditors, Detoilette Farker Randall & Co. (who withdrew their audit report in 2016).
Prime Minister Najib
Tun Razak announced today that within 3 (three) working days of the Rakyat
voting him to victory at GE 14, he would be refunding the Treasury $2.6
billion. He admitted that this momentous, but wholly voluntary and 'without
prejudice' decision, had been arrived at after a 4-eyes meeting with Finance
Minister Dato Seri Najib Tun Razak.
The breaking news was
ecstatically received by UMNO President Dato Seri Haji Mohammad Tun Haji Abdul
Razak bin Dato Haji Hussein who confirmed that the $2.6 billion would NOT be
deposited into the PM’s personal bank account (akaun peribadi). However, he
hastened to add that it also meant that the money could be construed (boleh di
ibarat) as being for the benefit of UMNO after RoS verification (by 2050) of its 3
million membership and its financial standing by Chartered
Accountants and Auditors, Detoilette Farker Randall & Co. (by 2051).
Meanwhile, 1MDB Chairman of Advisory Board and sole authority/signatory for all investments, MO1 aka Najib, maintained that no $2.6 billion cash or $30 billion of investments were missing from 1MDB’s bank accounts or in its financial accounts as confirmed by Chartered Accountants and Auditors, Detoilette Farker Randall & Co. (who withdrew their audit report in 2016).
In Kuala Lumpur, MCA
President Ajip Kor congratulated PM Najib for resolving the 1MDB/SRC debacle
where no $46 billion fraud had been committed. This was echoed by MIC President
Appa Najib s/o Bugisamy who hailed Appa’s relentless ‘no stones unturned’
search in tracing the whereabouts of the non-missing and non-fraudulent $2.6
billion donation from unknown Arab Royalty, as truly inspiring. There were also
celebrations at the UMNO Pekan Branch which held a tahlil for its Head, Bang
Jib, for his generous donation to the Branch’s election funds.
In an immediate
response too, UMNO said that they had informed the chief of PMO that Kepala Bapa
Kau would be nominated as ‘2017 Man of the Year’ and be officially recognised
as ‘Bapa Transport Moden’ for the $54 billion (NO OPEN TENDER) Kelang Valley
MRT, the $30 billion (NO OPEN TENDER) Pan-Borneo Highway and the $55 billion fraudulent (also NO OPEN TENDER) ECRL, projects.
Elsewhere, High Court-declared 'Not Public Official' Najib whose salary is paid from public funds…..
Elsewhere, High Court-declared 'Not Public Official' Najib whose salary is paid from public funds…..
5 comments:
Dona
Are you able to update us as to how much coupon interest on the USD 3.5 billion bonds that we have assumed to pay from IPIC, stating interest amount and due dates?
That would show us how much deep shit we are in..courtesy of the kleptocrat pricks.
Anon 12.06, pls email me @ za@donplaypuks.com. I will send you the detailed 1MDB debt/bond listing for RM42 billion. Tq
Hi Dona, it's me again (Anon at 12.06, 6/2/18)
Thanks for your lists. I did some calculations on the annual bond interest for the Goldman Sach's bonds of 5.99% and 5.75%. I got an amount of USD 205,450,000 or RM 821,800,000 of interest payable (at the rate of 1USD to RM4). Is this correct? If it is, I think we are in deeper shit than I thought. And I haven't even calculated the interest on the other loans!
Anon 12.18, that's about right. Annual interest is about RM800 million on US$3.5billion = RM14 billion @ average 5.87%. Earlier payments must have been advanced by IPIC and was repaid to them as part of the RM5 billion London Arbitration award. So, interest alone till 2022 is RM4 billion, not to mention the principal + another US$3.5b-RM14b loan! As the saying goes, 1MDB/MoF is 'fucked and far away from home' and 'up the shit creek without a paddle'!!! Lol!
Anon 12.18, also don't forget the RM4 billion KWAP loan originally take by 1MDB and then when Najib and MoF could not answer into which hole the money had disappeared into, transferred to SRC under MoF. SRC now has not filed accounts since 2012 and its MD Nik Faisal has disappeared to Indonesia, under instructions from Najib, to avoid being arrested and answer how/why $42 million of it was moved to Najib's personal bank a/c. Najib, who lied that he did not know who sent the money, nevertheless used $3.5 million to pay for Rosmah's jewellery credit card expenses, $4.3 million for family members' cars, $15 million to his mother's Foundation etc. What a govt of liars and thieves!
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