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Finance minister had no clue about US$3.5b transfer? Unbelievable

YOURSAY | ‘A mere denial is not enough to absolve anyone of an alleged criminal act.’

Najib says he didn’t sign transfer of US$3.5b to Aabar BVI

RM2.6 Billion Turkey Haram: PM Najib Razak, if you did not sign the transfer of US$3.5 billion, then who did?

Anonymous #44199885: You mean to say a company of which you are the principal authority moved US$3.5 billion from our country to some place, and no one knew about it?

Have you instructed the inspector-general of police (IGP) and the attorney-general (AG) to take all necessary action to get back the money?

Surely this is a clear case of fraud since the money did not go to the intended beneficiary - that is, Abu Dhabi’s International Petroleum Investment Company (IPIC).

Anonymous 2336891439170985: He did not sign. I think he is most likely telling us the truth. So, a fraud had been allegedly committed by the person who signed it. I assume that the signatory did not inform him too.

However, why is there no police report made against this mother of all fraud by any of the executives in 1MDB? He could have just given a tinkle to the Royal Malaysian Police (PDRM).

However, it is still not too late. Even if he is too busy, he could direct 1MDB chief Arul Kanda Kandasamy to do so in order to prove his innocence and clear his name.

If he doesn't want a report to be made, at least tell us why. Otherwise, we would not stop speculating about the reasons for his reluctance to lodge the police report.

Indeed, unless the report incriminates him, it is the best and wisest thing for him to do.

Hardboiled: I find it extremely aggravating that our finance minister-cum- prime minister can so easily brush this issue aside and not take any responsibility for it.

With literally so much bad press over the handling of 1MDB, and with accusations of money laundering as well as on-going investigations into the matter, one cannot fathom the amazing acts of Malaysia's prime minister in avoiding the issue.

I’m in complete and utter disbelief as to why the story of only mere few millions going into his personal account from SRC international is not being investigated and enough cause for him to be subjected to the law, or at least resignation on his part.

Jesse: Even assuming that he is innocent, which most believed he is not, he is a fool to have participated in such a shady deal.

In any other country, such a fool would have resigned or forced to resign but not in Bolehland.

He is allowed to continue to shamelessly pontificate to the citizens, thanks to all the other powerful sycophants that he has managed to feed.

Cogito Ergo Sum: A mere denial is not enough to absolve anyone of an alleged criminal act.

For you or your officers to be cheated in the simplest of ways - i.e. a slight change in name of the recipient company - must surely indicate that you and your officers are simpletons.

Do not expect Malaysians to have the same IQ as you or your henchmen. That would really add insult to injury to the victims of this alleged grand larceny.

Perhaps the burden of proof for you should be much higher than beyond reasonable doubt.

Dingy: A scam that involved huge sums of money can only work with the help from people within 1MDB.

In this 1MDB-IPIC deal, the mastermind of the scam to steal 1MDB money was allegedly Jho Low. He could not have done it alone. Hence, he had two other men - then IPIC managing director Khadem al Qubaisi and Aabar chairperson Mohamed Al Husseiny – to apparently help him.

The modus operandi was setting up a company with an almost similar name, headed by the same men. Even then, an alert trained accountant would be able to spot the difference.

An in-depth investigation should have been carried out before approving the multi-billion transactions.

Rick Teo: This is an unbelievable fairy tale story for the simple reason that the BVI (British Virgin Islands) entity transferred money to Najib’s stepson in the United States to allegedly buy properties and invest in movies.

So how could he not know?

Patriot1: I don't think a payment of US$3.5 billion can be made by a government-related agency without the approval of the finance minister and furthermore, we were given to understand the memorandum and articles of association (M&A) of 1MDB specifically state that such payments must be approved by the PM himself.

Anonymous 759201436321741: Dear PM, do you understand the concepts of duty, responsibility and accountability?

As head of state of a sovereign fund as in 1MDB, you are accountable, like the general who led his army to war and lost half his army.

Anonymous 2415891461978791: Me no know, me no tell. Me take money, and run like hell.

So who authorised the transfer to the fake Aabar? Isn't anyone responsible? Or is it just a case of "Oops, the money is gone. Too bad"?

 


 

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