YOURSAY | ‘Things are just getting worse by the day for our beloved PM.’

Singapore seizes bank accounts in 1MDB probe

Kim Quek: That even Singapore – which has hitherto been cautious not to rile its neighbour on this sensitive issue – has gone vocal on its 1MDB probe may have great significance.

Our neighbour may have sensed that it is safe to do so, now that attorney-general Mohamed Apandi Ali’s absolution of PM Najib Razak has stirred a hornet’s nest of worldwide indignation, condemnation and ridicule.

Inevitably, it will embolden domestic detractors – both at the political and civil service levels – to do what they must to ensure that the rule of law is not completely buried, and that only full exposure of the whole truth would bring sweeping changes that will enable the country to start on a clean slate.

I feel confident that our people will not fail to make the right move at this critical historical juncture.

Res Ipsa: Things are just getting worse by the day for our beloved PM. From France to Switzerland and now Singapore, the noose is gradually tightening around his neck.

He had been given many opportunities to come clean, admit his mistakes and step aside, at least temporarily, to allow the investigations to be completed.

Instead, he embarked on a mission to clamp down on all the investigating agencies, moving and removing people with the sole intention of hanging on to power.

While locally he may have succeeded to a certain extent, he would not have anticipated this global backlash which now renders all his actions back home academic.

There is no more place for Najib to hide and it is just a matter of time before it is game over. We are still waiting for news from other jurisdictions such as the United States and Hong Kong where investigations are ongoing.

What is certain is that this is just the beginning of the end of the reign of our most infamous PM.

SimonTi: Why are 1MDB chief Arul Kanda, PM Najib Razak and the 1MDB board not aware of all these possible crimes and horrendous financial mismanagement committed in 1MDB, but instead proudly and publicly declared to the whole world that Najib had kept his promise to resolve all 1MDB's woes in six months?

If all the woes of 1MDB already officially declared solved, why all these reports of crimes and financial mismanagement? Arul, where are you?

Anonymous #21828131: We have to thank the Swiss who started the ball rolling. Next, Hong Kong and the Federal Bureau of Investigation (FBI) will come out with money-laundering details by 1MDB in their respective countries.

Singapore held back all this while. But now they can all collaborate and put two and two together.

I am sure many hopeful Malaysians are flush with a sense of elation after that dreaded shameful day when our AG unilaterally closed the case.

These are world-class financial centres and 1MDB's dubious dealings are definitely a cause for concern, especially during these economically trying times.

Financial centres thrive on honesty and integrity. I am sure Noah's Ark is being readied. I say, police chief, please revisit and prepare the charges or are you panicking too?

To make it easier for you, try pulling out the previous AG's unconfirmed ‘charge sheet’.

Frank: To the Singaporean authorities, really? Only after the westerners have shown the way?

And to them, I would like to say this: why the same concern with the 1MDB case is not shown in regard to the money flowing into Singapore's banks due to the plundering of Sarawak for years and years when Sarawak was under you-know-who?

Pray tell the name of the game you are playing?

Odin Tajué: Here is part of the statement issued by the Commercial Affairs Department and the Monetary Authority of Singapore: "…Since the middle of last year, the Commercial Affairs Department and the Monetary Authority of Singapore have been actively investigating possible money-laundering and other offences carried out in Singapore.

“In connection with these investigations, we have sought and are continuing to seek information from several financial institutions, are interviewing various individuals, and have seized a large number of bank accounts…"

This shows that the freezing of bank accounts by the Singapore authorities has not only just happened but it has been happening since last year (before the Swiss attorney-general’s announcement).

Negarawan: Singapore is obliged to cooperate fully with its 'big brothers' namely Switzerland, the US, and the UK.

Its economy depends on them, and it can't refuse to offer assistance for investigations into the 1MDB-linked accounts in its banking system. We can expect some anti-Singapore rhetoric in Utusan Malaysia pretty soon.

Headhunter: The net is surely closing in. With so many financial institutions outside the country involved, this will certainly not go away.

From this point on, it's going to be swift with details, including the names of those involved, being exposed one after another.

Those who have been trying to cover the scandal are going to have their reputation dragged through the mud too.

Vijay47: Wow! France, the United States, Switzerland, and the latest, Singapore. Malaysia has gone truly international.

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