Malaysia's Tenth Prime Minister

Malaysia's Tenth Prime Minister
YAB Dato' Seri Anwar Ibrahim

Tuesday, November 23, 2021

Eyeing the 1MDB fiasco

 Now that Zeti's family has been officially confirmed by MACC to have received hundreds of millions of Ringgit from Jho Low to hide in Singapore but returned the balance RM65mil, it is time for me to reveal the other person who similarly received tens of millions of Ringgit from Jho Low from the same 1MDB deals.


I dare make this allegations coz I have investigated this thoroughly over the past few months and have confirmed them from internal govt officials.


In fact, they tell me that the authorities has had this info and investigated this since 2018 after the General Elections but decided not take any action on it.


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I finally found out why the SRC prosecutors decided not to call both former BNM Governor Zeti and former EPU minister Nor Mohamad Yakcop as prosecution witnesses to testify against Najib at the last minute.


Because both of them are linked to making BIG MONEY from Jho Low WAY BEFORE Najib ever received a single sen that is linked to SRC or 1MDB.


Even The Edge found it strange that both of them were not called given their important roles in the entire SRC affair when they wrote this:


"It is unclear why Zeti and Nor Mohamed were not called to testify — or whether they will be asked to do so in Najib’s 1Malaysia Development Bhd (1MDB) trial.


But given that Zeti was the central bank governor during the critical period while Nor Mohamed played a role in the first RM2 billion loan that SRC took with Kumpulan Wang Persaraan (Diperbadankan) or KWAP, their testimonies could have been illuminating.


Nor Mohamed’s testimony, for instance, could have given the public a glimpse into the thinking behind the mega SRC loans totalling RM4 billion from KWAP as he was instrumental in helping the state-owned entity obtain the government guarantee for the company’s first RM2 billion KWAP loan.


The former minister is an experienced technocrat, having previously held the position of finance minister II and economic adviser to the prime minister. He has also been an adviser to Bank Negara and is seasoned in corporate matters, having sat on a number of boards."

https://www.theedgemarkets.com/article/najibs-src-trial-prosecution-wraps-case-chooses-not-call-zeti-or-nor-mohamed-offers-them


Well, what The Edge didn't mention about Nor Mohd is that he was ALSO the person that:

1) Approved the set-up of SRC and even gave a RM20mil free grant to SRC for its setting up purposes

2) The person that Najib sent the SRC request for grants and loans to for evaluation.

3) The person who actually tabled the SRC bond guarantees in cabinet for approval.


"Datuk Seri Najib kemudian mengeluarkan arahan kepada Menteri di Jabatan Perdana Menteri, Tan Sri Nor Mohamed Yakcop supaya menimbangkan permohonan itu untuk dikaji dan menyediakan ulasan," katanya.


"Nor Mohamed kemudian menandatangani memo dan menyokong peruntukan itu menerusi surat bertarikh 12 Oktober sebelum dihantar ke Pejabat Perdana Menteri dan diluluskan oleh Datuk Seri Najib Tun Razak pada 15 Oktober 2010," katanya.

https://www.sinarharian.com.my/article/26281/BERITA/Mahkamah/SRC-International-terima-geran-RM20j-sebagai-modal-permulaan


As I have shown before, only two foreign companies were appointed by Ambank as the secondary subscribers for the 1st 1MDB bond of RM5b in year 2009 - Country Garden Securities Thailand and Aktis Capital Singapore.

https://www.facebook.com/lim.siansee/posts/2974979512720823?__tn__=%2CO*F


Both companies made over RM600mil in one day with the help of Ambank after they flipped the 1MDB bonds.


Country Garden Securities were acting on behalf of Jho Low of which we know over US$16mil (RM70mil) was almost immediately paid out to Zeti's family in Singapore.


Aktis Capital Singapore however were acting on behalf of a company called Morningstar Equities Ltd and made US$21.1mil (RM85mil) immediate profits.


And Morningstar Equities are owned by Malaysians Vincent Cheah Chee Kong and Shaik Aqmal Shaik Allaudin.

https://www.theedgemarkets.com/article/1mdb-update-two-malaysians-apart-jho-low-profited-2009-1mdb-bond-flip


And who is Shaik Aqmal?


Well, he is the NEPHEW and long-rumoured to be the proxy of Nor Mohd Yakcop.


"2010: Shaik who?"

http://www.apanama.my/2010/01/shaik-who.html


"2013: Azeez, Ismee and LTH will be taken to task for a rumour going around that a crony of Dato Kalimullah and Tan Sri Nor Mohamed Yakcop by the name of Sheikh Akmal was acting as go between and cavorting with Kuwaitis to skim off from deals to sell properties to Malaysian  institutions."

http://anotherbrickinwall.blogspot.com/2013/07/the-mamak-dilemma.html


So, the family of Zeti, who recommended to Najib to open up an account in his name to receive the donations was asked by Najib to monitor his bank accounts for suspicious transactions, received immediate RM70mil from Jho Low in 2009 which they hid and spent overseas.


And the NEPHEW (and long-suspected proxy) of Nor Mohd Yakcop who was instrumental in setting up SRC, asked by Najib to evaluate and handled SRC and also tabled the SRC-KWAP loan guarantee,  made and received immediate RM85mil from the 1MDB bond flips engineered by Jho Low which they then hid and spent overseas.


But Najib has to go to jail for 12 years and pay RM210 mil funds because he "took part in or was involved" in the SRC-KWAP guarantee and then had to wait 4 years to receive 1% (RM42mil)  which he never hid and was in his accounts under his name in Malaysia which he then spent on charity?

https://www.facebook.com/lim.siansee/posts/2986128834939224


Najib's main SRC abuse of power charge was that he "participated or was involved in" the RM4b KWAP-SRC government guarantee.


(He was not charged for ordering the govt guarantee or approving it)


What about the fella who set-up SRC, asked by Najib to evaluate SRC and who actually prepared and tabled the government guarantee for approval in cabinet whose nephew's overseas company received RM85mil?


More tellingly, Zeti and Nor Mohd are both close confidantes of Mahathir despite both also being involved in the BNM RM30b scandal (where one sen was never recovered). Nor Mohd was even made economic advisor to Mahathir during the 1998 Financial crisis.


And even more strange is that BOTH Zeti's family and Nor Mohd Yakcop was never subject to any of the forfeiture action from MACC during the PH govt era.


Widows who received RM100k from Najib was charged and asked by MACC to pay back.


Naza Kia who received RM160k from Najib to buy cars for a NGO was asked by MACC to pay back.


Jakel who received RM60mil from Najib for praying materials for all mosques in Malaysia and for clothes to flood victims over 4 years were asked by MACC to pay back.


Travel agencies who received RM100k from Najib to send pilgrims for Haj was asked by MACC to pay back.


But Zeti's family who received RM70mil and Nor Mohd' nephew who received RM85mil from a deal where Ambank had to pay RM2.83b settlement were never asked by MACC to pay back?

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